Welspun Living Limited (WELSPUNLIV)

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Welspun Living Limited (WELSPUNLIV) · mywealthgrid

About

Welspun Living Limited operates in Other Textile Products (Consumer Discretionary), with quarterly revenues spanning ₹1,843–₹2,435 Cr. Recent 38.13% 1y returns reflect renewed investor interest, though valuation at PE 76.97 appears elevated relative to ROE of 4.2%.

Face value: ₹1

Market cap

₹22,941 Cr

P/E

82.6×

P/B

4.7×

Dividend yield

ROE

4.2%

ROCE

6.6%

Debt / equity

0.37

OPM

8.4%

EPS (TTM)

₹2.9

Book value

₹51.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation leverage: PE 76.97 against ROE 4.2% leaves minimal margin for earnings disappointment
Operational inconsistency: OPM ranges 3.21%–10.23% quarterly, with Dec 2025 showing -₹10.29 Cr net loss on ₹1,961.44 Cr revenue; verify drivers of volatility
Thin margin buffer: OPM averaging 8.44% offers limited protection against input-cost shocks typical in textiles
Consumer spending cyclicality: Discretionary sector exposure means earnings vulnerable to demand downturns; verify sustainability of recent recovery

Generated analysis · source review pending

Growth drivers

Margin recovery upside: Quarterly OPM ranges 3.21%–10.23%; if operations normalize to higher-end performance, profitability expands without revenue growth (verify what drives variance)
Capital generation: Consecutive annual dividends (2023–2026) confirm cash flow; verify whether capital deployment supports reinvestment or signals limited organic growth prospects
Demand cycle participation: Consumer Discretionary positioning; 38.13% 1y return suggests renewed investor confidence (verify if reflected in order book or forward guidance)

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹239.2+6.2%1Y

Quick read

rule-based

Pros

+High promoter holding of 66.4% with no pledge

Cons

−Profit declined 17.6% a year over the last 5 years
−Modest revenue growth of 5.1% a year over the last 5 years
−Expensive at 82.6× trailing earnings
−Low dividend payout of 3.5% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

33/100

Business quality: 22
Growth: 55
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	6,641	6,051	6,527	6,741	7,340	9,311	8,094	9,679	10,545	9,399
COGS	3,234	3,024	3,350	3,296	3,587	5,094	4,514	5,110	5,676	5,053
Gross profit	3,407	3,027	3,177	3,445	3,753	4,217	3,580	4,569	4,870	4,346
	1,823	1,904	2,112	2,230	2,401	2,859	2,827	3,200	3,571	3,553
	1,583	1,123	1,065	1,215	1,352	1,359	753	1,369	1,299	793
OPM %	23.8%	18.6%	16.3%	18%	18.4%	14.6%	9.3%	14.1%	12.3%	8.4%
Depreciation	505	504	436	481	454	420	442	394	373	394
Interest	158	141	159	178	198	131	130	153	217	161
	545	81	-183	139	68	66	121	146	152	50
Profit before tax	536	560	287	694	769	873	302	967	860	287
Tax	173	161	61	170	218	266	99	294	216	75
Tax %	32.3%	28.9%	21.2%	24.5%	28.4%	30.5%	32.9%	30.4%	25.1%	25.9%
	362	398	226	524	551	607	203	673	644	213
PAT margin %	5.5%	6.6%	3.5%	7.8%	7.5%	6.5%	2.5%	7%	6.1%	2.3%
EPS (₹)	3.6	3.8	2.1	5.1	5.4	6.1	2	7.1	6.7	2.3
EPS adjusted (₹)	3.6	3.8	2.1	5.1	5.4	6.1	2	7	6.7	2.1
	18.3%	17%	14.4%	19.8%	2.8%	2.5%	5%	1.4%	25.4%	4.4%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	100	100	100	100	100	100	99	99	97	96	96
Reserves	1,349	2,192	2,501	2,624	2,973	3,544	3,873	3,989	4,419	4,725	4,821
Minority interest	52	141	51	126	—	99	105	108	97	100	61
	2,856	3,188	2,961	2,962	3,179	2,841	3,188	2,350	2,521	2,469	1,802
	1,401	1,708	1,612	1,930	2,059	2,093	2,172	2,104	2,416	2,918	3,675
Total equity & liabilities	5,759	7,328	7,225	7,742	8,310	8,678	9,437	8,650	9,550	10,307	10,455
	2,448	3,515	3,281	3,126	3,680	3,723	3,901	3,918	3,813	4,022	4,460
CWIP	156	—	63	486	56	171	162	46	47	375	258
Investments	116	126	128	127	244	111	698	642	916	570	892
	3,038	3,688	3,752	4,003	4,329	4,673	4,677	4,045	4,774	5,340	4,845
Total assets	5,759	7,328	7,225	7,742	8,310	8,678	9,437	8,650	9,550	10,307	10,455

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Home Textiles	8,939.87	779.19	7,839.38	3,946.29	3,893.09	20.01
Flooring	735.53	28.87

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.7%	51.1%	51.1%

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.5%	70.5%	70.5%	70.5%	66.24%	66.24%	66.24%	66.24%	66.24%	66.24%	66.24%	66.36%
	6.33%	7.24%	7.14%	5.89%	7.08%	5.91%	5.36%	4.75%	4.97%	5.03%	4.99%	5.21%
	6.27%	5.73%	5.82%	5.95%	7.67%	8.31%	8.93%	9.25%	8.58%	10.43%	11.19%	11.38%
	0%	0%	0%	0%	0%	0%	0%	0%	0.01%	0.01%	0.01%	0.01%
	15.89%	15.52%	15.53%	16.65%	17.99%	18.52%	18.45%	19.39%	19.83%	17.93%	17.22%	16.69%
No. of shareholders	—	—	—	—	—	—	—	—	2,73,918	2,48,962	2,43,222	2,23,860

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 8 fund houses

Held by these funds

0.14%

of the company's equity

All mutual funds

5.26%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

24 schemes · 8 fund houses

		Shares
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	5.07 L	9.94	0.28%	0.053%	+6,195
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	2.58 L	5.05	0.28%	0.027%	+2,883
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	1.87 L	3.66	0.28%	0.019%	+1,695
Nifty Smallcap 250 Index Fund	ICICI Prudential Mutual Fund	1.14 L	2.23	0.28%	0.012%	+2,320
Nifty 500 Equal Weight Index Fund	Nippon India Mutual Fund	63,907	1.25	0.24%	0.007%	+31
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	50,686	0.99	0.03%	0.005%	+1,739
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	36,479	0.72	0.28%	0.004%	-1,998
IB20-Groww Nifty Smallcap 250 Index Fund	Groww Mutual Fund	20,075	0.39	0.28%	0.002%	+101

1–8 of 24

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Aug 2026Transcript AI SummaryPPTREC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

19

Final dividend10 Jul 2026 · ex-date₹0.1
Final dividend27 Jun 2025 · ex-date₹1.7
Final dividend26 Jun 2024 · ex-date₹0.1
Final dividend27 Jun 2023 · ex-date₹0.1
Dividend dividend23 Jun 2022 · ex-date₹0.15
Dividend dividend24 May 2021 · ex-date₹0.15
Interim dividend17 Mar 2020 · ex-date₹1
Dividend dividend11 Jul 2019 · ex-date₹0.3
Final dividend25 Jun 2018 · ex-date₹0.65
Final dividend22 Jun 2017 · ex-date₹0.65
Final dividend23 Jun 2016 · ex-date₹0.05
Interim dividend21 Mar 2016 · ex-date₹6
Interim dividend30 Oct 2015 · ex-date₹6.5
Final dividend18 Jun 2015 · ex-date₹7.5
Interim dividend17 Nov 2014 · ex-date₹3
Dividend dividend19 Jun 2014 · ex-date₹3
Dividend dividend19 Sept 2013 · ex-date₹2
Interim dividend22 Nov 2012 · ex-date₹2
Dividend dividend24 Jun 2010 · ex-date₹1

1

Board meeting to consider results13 Aug 2026

1

Face value ₹10 → ₹121 Mar 2016 · ex-date

1–3 of 4

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

7 announcementsExport CSV

29 Sept 2026, 3:49 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

16 Sept 2026, 11:52 amCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

4 Sept 2026, 5:52 pmCompany Update

Letter To Shareholders Providing The Weblink To Access The Annual Report & Notice Of AGM For Financial Year 2025-26.

General PDF

2 Sept 2026, 11:19 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

2 Sept 2026, 10:44 pmOthers

Business Responsibility and Sustainability Reporting (BRSR)

Business Responsibility and Sustainability Reporting (BRSR) PDF

2 Sept 2026, 10:37 pmAGM/EGM

Notice Of 41St Annual General Meeting Of The Company Scheduled To Held On September 24, 2026.

AGM PDF

2 Sept 2026, 10:28 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
29 Sept 2026, 3:49 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
16 Sept 2026, 11:52 am	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	48.7%	51.1%	51.1%

33 deals · 19 Sept 2022 – 23 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Sept 2026	WELSPUN GROUP MASTER TRUST	Block	NSE	Sell	2,44,71,102	₹214.90	₹525.88 Cr
23 Sept 2026	WELSPUN GROUP MASTER TRUST	Bulk	NSE	Sell	2,44,71,102	₹214.90	₹525.88 Cr
23 Sept 2026	FIDELITY INVESTMENT TRUST FIDELITY INTERNATIONAL SMALL CAP FUND	Block	NSE	Buy	2,22,41,742	₹214.90	₹477.98 Cr
23 Sept 2026	FIDELITY SECURITIES FUND FIDELITY BLUE CHIP GROWTH FUND	Bulk	NSE	Buy	1,29,87,628	₹214.90	₹279.10 Cr
23 Sept 2026	QUANT MUTUAL FUND	Block	NSE	Buy	22,29,360	₹214.90	₹47.91 Cr
28 Nov 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	58,76,192	₹143.50	₹84.32 Cr
28 Nov 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	58,76,190	₹143.40	₹84.26 Cr
10 Sept 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	65,75,675	₹125.11	₹82.27 Cr
10 Sept 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	65,75,675	₹125.01	₹82.20 Cr
8 May 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	50,79,962	₹142.45	₹72.36 Cr

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,328	832	545	924	777	954	587	756	533	688	1,175
	-801	-712	-302	-657	-459	-98	-600	243	-209	57	-348
	-620	-99	-250	-232	-269	-762	-55	-1,086	-269	-663	-975
Net cash flow	-93	21	-6	35	49	93	-68	-87	55	82	-148
Free cash flow	268	832	545	924	777	504	57	481	257	-25	724
CFO / Operating profit %	—	52.6%	48.5%	86.8%	64%	70.5%	43.2%	100.5%	38.9%	53%	148.1%

Leverage
Current ratio	1.25	1.19	1.33	1.37	1.66	1.72	1.68	1.58

Working capital
Receivable days	60	59	59	39	43	47	57	51

Return ratios
Return on assets %	2.9%	6.3%	6.3%	6.4%	2.3%	7%	6.2%	2%

Welspun Living Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends19

Board meetings1

Stock splits1

Announcements

Dividends19

Board meetings1

Stock splits1

Not in the F&O segment

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Flooring · revenue

19

1

1

19

1

1