Welspun Living Ltd logo

Welspun Living Ltd

WELSPUNLIV NSE

Key Fundamentals

SmallcapTextile ProductsTextiles
Market Cap
₹16,661 Cr
Volatility
Moderate
P/E Ratio
56.57
EBITDA
₹774 Cr
Return on Equity
13.09%
Debt to Equity
0.47
Book Value
₹51.27
EPS
₹7.25
52W High
₹174.97
52W Low
₹107.1

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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42 extracted metrics + investor summaries across FY05–FY26.

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Tapetide Score

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Technical Indicators

Key Insights

Weaknesses

5
  • Stock is trading at 3.20 times its book value
  • The company has delivered a poor sales growth of 5.07% over past five years.
  • Company has a low return on equity of 11.1% over last 3 years.
  • Dividend payout has been low at 2.89% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -4.14%

Growth Rate

Revenue Growth
-12.13%
Net Income Growth
-67.21%
Cash Flow Change
29.12%
ROE
-10.22%
ROCE
-11.98%
EBITDA Margin (Avg.)
-39.68%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 2d ago
AI opinion · based on fundamentals
Risk high

Welspun Living Ltd is a ₹15,756 crore market-cap home textiles company that achieved consolidated FY25 revenue of ₹10,697 crore (up 8.9% YoY) but trades at a P/E of 74.4x with TTM profit declining 66% and EBITDA margins compressing to 13.6% in FY25 from 15.4% in FY24. Promoter holding stands at ~66.2%, down 4.14% over three years, while the stock has appreciated 44% in the past year despite weakening fundamentals.

Bull Case 7
  • Consolidated FY25 revenue crossed ₹10,000 crore milestone at ₹10,697 crore, growing 8.9% YoY demonstrating top-line scale
  • Q1 FY25 revenue grew 17% YoY to ₹2,588 crore and Q2 FY25 revenue hit a record ₹2,936 crore (up 16% YoY), showing strong demand momentum in the first half
  • Management has articulated a long-term target of ₹15,000 crore revenue and 15-16% EBITDA margins by FY27, providing a clear growth roadmap
  • Emerging businesses (branded portfolio, flooring) now contribute ~30% of revenue, reducing dependence on commodity export textiles
  • Domestic flooring segment grew 26% YoY in Q1 FY26, demonstrating diversification traction in non-core verticals
  • Stock has delivered 44% returns in the last 1 year and 13% CAGR over 3 years, reflecting market confidence in the business transformation
  • Promoter holding remains relatively high at ~66.2%, indicating significant skin in the game by the founding family
Bear Case 8
  • TTM net profit has declined 66% and 5-year compounded profit CAGR is negative at -17%, indicating persistent earnings weakness
  • P/E ratio of 74.4x is extremely elevated for a textiles company with negative profit growth, leaving little margin of safety
  • EBITDA margin compressed from 15.4% in FY24 to 13.6% in FY25, with Q3 FY25 margin dropping to 12.6% and Q1 FY26 further falling to 11.1%
  • TTM sales growth is negative at -11%, reversing the momentum seen in the first half of FY25
  • Core home textiles exports declined 11.8% YoY in Q1 FY26 to ₹1,885 crore with margin compression from 16.9% to 12.6%
  • Promoter holding has decreased by 4.14% over the last 3 years, signaling potential dilution of promoter confidence
  • Dividend payout is just 2.89% of profits over 3 years with a dividend yield of only 0.06%, offering negligible income return to shareholders
  • 5-year compounded sales growth of just 5% and 10-year ROE averaging only 13% suggest the business has historically been a sub-par compounder

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 2h ago
Headwinds 1
  • Vapi unit flood disruption Aug 13

    Welspun Living faced temporary disruption at its Vapi manufacturing unit due to flooding during Q1FY27, potentially impacting near-term production capacity.

Positives 4
  • Q1FY27 profit surges 83% YoY Aug 13

    Net profit rose 83% YoY to ₹160.73 crore on 23.5% revenue growth to ₹2,795.45 crore, with EBITDA margin expanding to 12.5% for the third consecutive quarter.

  • Home textile exports up 28% Aug 13

    Home textile exports grew 28.1% YoY while domestic business rose 21.3% in Q1FY27, showing broad-based demand strength across segments.

  • ₹121 Cr Anjar facility capex Jul 24

    Board approved ₹121 crore capital expenditure for Anjar facility modernization, signaling investment in capacity expansion and operational efficiency.

  • WCPGL stake sale at ₹67.66 Cr Aug 3

    Completed divestment of 51% stake in Welspun Captive Power Generation Limited to Welspun Corp for ₹67.66 crore, streamlining corporate structure and unlocking capital.

Neutral 2
  • Q1FY27 earnings call held Aug 13 Aug 6

    Management including MD Dipali Goenka and CFO Manish Bansal discussed Q1FY27 results on August 13, 2026.

  • Keyur Parekh appointed as WTD Jul 27

    Shareholder postal ballot issued for appointment of Keyur Parekh as Whole-time Director for five years effective June 1, 2026, with e-voting open July 28 to August 26.

TL;DR: Welspun Living delivered a strong Q1FY27 with 83% profit growth, sustained margin expansion, and robust demand in both exports and domestic markets. The company is actively investing in capacity via ₹121 crore Anjar capex while simplifying its corporate structure through the WCPGL divestment. The only near-term risk is temporary flood disruption at Vapi. The overall trend is clearly improving, with momentum in topline growth and profitability suggesting continued strength in coming quarters.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
2,184
2,509
2,411
2,575
2,536
2,873
2,490
2,646
2,261
2,441
2,262
2,435
2,795
Expenses
1,874
2,151
2,072
2,217
2,195
2,515
2,209
2,330
2,035
2,288
2,102
2,186
2,474
Operating Profit
310
358
339
359
342
358
280
316
225
153
160
249
321
OPM %
14%
14%
14%
14%
13%
12%
11%
12%
10%
6%
7%
10%
11%
Other Income
31
33
43
42
52
63
38
2
29
15
-5
16
34
Interest
26
34
42
52
43
55
62
57
42
43
39
37
34
Depreciation
99
98
100
96
97
86
98
93
88
101
102
103
100
PBT
216
259
240
252
253
280
158
168
124
24
14
125
220
Tax %
25%
23%
25%
48%
27%
28%
22%
21%
28%
38%
82%
15%
26%
Net Profit
163
200
179
131
186
202
123
133
89
15
3
106
163
EPS in Rs
1.66
2.02
1.82
1.5
1.91
2.1
1.26
1.37
0.91
0.14
0
1.08
1.68
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
5,264
5,924
6,638
6,050
6,527
6,741
7,340
9,311
8,094
9,679
10,545
9,399
9,934
Expenses
3,987
4,325
5,054
4,926
5,458
5,526
5,988
7,950
7,341
8,310
9,246
8,606
9,050
Operating Profit
1,278
1,599
1,584
1,124
1,068
1,215
1,352
1,362
753
1,369
1,299
793
884
OPM %
24%
27%
24%
19%
16%
18%
18%
15%
9%
14%
12%
8%
9%
Other Income
91
84
-384
81
-187
139
68
63
121
146
152
50
60
Interest
283
237
158
141
159
178
198
131
130
153
217
161
153
Depreciation
333
372
505
504
436
481
454
420
442
394
373
394
407
PBT
753
1,074
536
560
287
694
769
873
302
967
860
287
384
Tax %
28%
30%
32%
29%
21%
24%
28%
30%
33%
30%
25%
26%
Net Profit
544
749
362
398
226
524
551
607
203
673
644
213
286
EPS in Rs
5.37
7.33
3.56
3.83
2.09
5.05
5.37
5.98
1.98
7.01
6.66
2.13
2.9
Div. Payout %
20%
18%
18%
17%
14%
20%
3%
2%
5%
1%
3%
5%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
100
100
100
100
100
100
100
99
99
97
96
96
Reserves
1,331
1,870
2,297
2,505
2,679
2,872
3,544
3,873
3,989
4,419
4,725
4,821
Borrowings
3,085
3,248
3,311
3,281
3,310
3,521
2,940
3,304
2,462
2,632
2,762
2,315
Other Liabilities
1,178
1,258
1,550
1,301
1,593
1,701
1,981
2,036
1,978
2,337
2,684
3,223
Total Liabilities
5,695
6,476
7,258
7,187
7,682
8,194
8,566
9,312
8,527
9,485
10,267
10,455
Fixed Assets
2,627
3,348
3,689
3,460
3,306
3,933
3,814
4,005
3,918
3,813
4,022
4,471
CWIP
156
183
56
83
489
58
173
166
46
49
380
258
Investments
142
29
126
128
127
244
111
698
642
916
570
892
Other Assets
2,770
2,916
3,387
3,516
3,761
3,959
4,467
4,443
3,922
4,707
5,295
4,834
Total Assets
5,695
6,476
7,258
7,187
7,682
8,194
8,566
9,312
8,527
9,485
10,267
10,455
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
939
1,328
832
545
807
777
954
587
756
533
688
1,175
Investing
-606
-801
-715
-300
-540
-458
-97
-600
244
-210
58
-348
Financing
-325
-620
-99
-250
-232
-269
-762
-55
-1,086
-269
-663
-975
Net Cash Flow
8
-93
18
-5
35
51
94
-68
-86
55
83
-148
Free Cash Flow
362
273
135
214
74
287
533
81
511
274
-7
726
CFO/OP
87
98
59
60
87
77
78
55
112
47
66
160
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
31
52
53
56
60
59
59
39
43
47
57
51
Inventory Days
158
152
168
172
158
184
180
151
168
158
150
157
Days Payable
99
91
98
85
83
108
111
71
74
69
77
99
Cash Conversion Cycle
90
113
122
143
135
135
128
119
137
136
130
108
Working Capital Days
-12
14
39
47
26
8
29
14
42
40
47
68
ROCE %
24%
27%
21%
12%
11%
13%
15%
14%
6%
16%
14%
6%

Shareholding Pattern

As of Jun 2026
Promoters 66.36%
DIIs 11.38%
Public 11.09%
Others 5.95%
FIIs 5.21%
Government 0.01%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
70.00%
70.00%
70.36%
70.36%
70.36%
70.36%
70.36%
70.36%
70.36%
70.50%
70.50%
70.50%
70.50%
70.50%
66.24%
66.24%
66.24%
66.24%
66.24%
66.24%
66.24%
66.36%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.14%
5.89%
7.08%
5.91%
5.36%
4.75%
4.97%
5.03%
4.99%
5.21%
DIIs
7.22%
7.30%
5.79%
4.89%
5.24%
5.35%
5.63%
6.10%
6.10%
6.09%
5.86%
5.32%
5.82%
5.95%
7.67%
8.31%
8.93%
9.25%
8.58%
10.43%
11.19%
11.38%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.01%
0.01%
0.01%
0.01%
Public
11.15%
10.31%
10.54%
10.17%
10.52%
11.78%
11.81%
11.86%
11.93%
11.23%
11.37%
10.90%
10.99%
11.74%
11.78%
12.64%
12.75%
13.42%
14.18%
12.82%
11.96%
11.09%
Others
11.63%
12.39%
13.31%
14.58%
13.89%
12.51%
12.20%
11.69%
11.61%
12.17%
12.27%
13.28%
5.55%
5.92%
7.23%
6.91%
6.72%
6.34%
6.02%
5.47%
5.61%
5.95%
No. of Shareholders
77,350
1,14,871
1,48,896
1,58,439
1,84,849
2,12,631
2,10,842
2,05,737
2,00,428
1,82,184
1,76,476
1,75,816
1,83,300
1,89,283
2,13,587
2,39,358
2,42,891
2,60,516
2,73,918
2,48,962
2,43,222
2,23,860

Documents

Frequently Asked Questions about Welspun Living Ltd

What does Welspun Living Ltd do?
Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home...
Where is Welspun Living Ltd (WELSPUNLIV) listed?
Welspun Living Ltd is listed on the Indian stock exchanges. It is listed on NSE: WELSPUNLIV and BSE: 514162. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Welspun Living Ltd belong to?
Welspun Living Ltd operates in the Textiles sector within the Textile Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Welspun Living Ltd?
Welspun Living Ltd has a market capitalisation of approximately ₹16661.44 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Welspun Living Ltd?
The Price-to-Earnings (PE) ratio of Welspun Living Ltd is 56.57. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Welspun Living Ltd?
Over the past 52 weeks, Welspun Living Ltd has traded between a low of ₹107.1 and a high of ₹174.97. This range helps investors understand the stock's price volatility and recent trading levels.
Does Welspun Living Ltd pay dividends?
Yes, Welspun Living Ltd has a dividend yield of 0.06%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Welspun Living Ltd?
Welspun Living Ltd has a Return on Equity (ROE) of 13.09%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Welspun Living Ltd on Tapetide?
On Tapetide, you can view Welspun Living Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position. [1] It manufactures a wide range of home textile products ranging from towels, bath robes to sheets, tob and basic& fashion bedding. It also entered into the business of carpets flooring solutions recently. [2]

Listed 2003-12-04
Face Value ₹ 1
Issued Size 95,91,52,514

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