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75% Buy

Welspun India Share Price

WELSPUNLIV

₹155.28+₹3.07 (2.02%) TodayLast updated on 01 Nov, 2024 | 19:24 IST

Welspun India Share Price Chart

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  • About Welspun India
  • Fundamentals
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About Welspun India

Welspun India Financials

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Market cap
Market Cap Switch₹14,451 Crs
Open
₹154.00
Close
₹152.21
Circuit range
₹182.65 - ₹121.76
Day range
₹153.00 - ₹155.70
Year range
₹122.65 - ₹212.95
Volume
5,51,406
Avg. traded
₹155.01
Revenue (12m)
₹10,396 Crs
Welspun India

Welspun Living, earlier known as Welspun India Limited, is the largest terry towel producer in Asia. The company manufactures a range of home textile products, focusing mainly on terry towels, bed linen products and rugs.

Welspun India, a part of the $2.7 billion flagship company of the Welspun Group, is one of the largest manufacturers of home textiles globally. It is the largest exporter of home textile goods from India and serves as a supplier to 17 of the top 30 global retailers.

Welspun Living Limited began as a small unit named Welspun Winilon Silk Mills in the Palghar district in 1985. Welspun Polyester India Limited went public with its initial public offering (IPO) in 1991 and subsequently transformed into Welspun India Limited. In 1993, Welspun India established a terry towel facility in Vapi, Gujarat. Welspun USA was formed as a wholly-owned subsidiary of Welspun India Limited in 2000.

The market capitalisation is ₹14,800 crore as of January 30, 2024. Welspun Living share price has gained 130% in the last three years.

Business operations

Welspun Living Limited's business segments include home textiles, power and flooring. The primary business segment of home textiles includes towels, bathrobes, bath rugs, area rugs, carpets, bedsheets, utility bedding and fashion bedding.

Welspun supplies products to 17 of the top 30 global retailers and has a significant presence in 50 countries worldwide. Its distribution networks span over 32 countries including the USA, Canada, UK and Australia. Welspun India operates two cutting-edge textile manufacturing facilities in Anjar and Vapi in Gujarat.

Its power brands, Welspun and Spaces, have the widest distribution in India. They are available in over 500 towns and 11,170 retail units, making the company a market leader. The company employs around 19,000 people at over three production sites, serving over 50 countries through leading global retail outlets. About 85% of its products are sold globally, with more than 61% in the US, 15% in the UK and Europe, and the remainder in the Middle East, Australia, New Zealand and Japan.

In India, the company has expanded its online presence through marketplaces such as Myntra and Amazon and has established a wide presence through its stores and D2C sites in the growing e-commerce retail market.

Welspun Living Limited introduced many new products in its portfolio in FY23. It launched Dreamtec Sheet, designed to enhance the body's natural cooling system. The company also introduced Martha Kids, a new line featuring design themes such as travel, world geography, transportation, farming and camping. It also added washable area rugs, a groundbreaking addition to its product lineup.

The company also extended its reach in the kids' category through licences from Disney, Marvel and Lucas brands, covering the entire UK and EU region. It achieved its highest-ever branded sales of H1,584 crore, accounting for 22% of the overall revenue in FY23.

Financial highlights

– Welspun Living’s revenue from operations for FY23 stood at ₹8,093.76 crore compared to ₹9,311.47 crore in FY22. – The net profit for FY23 was ₹202.51 crore compared to ₹606.71 crore during the previous year. – In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) decreased to ₹873.88 crore from ₹1,424.56 crore in FY22. – The company's earnings per share (EPS) stood at ₹2.02 in FY23 compared to ₹6.06 in the previous financial year.

Welspun India Key indicators

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52 week high
₹212.95
52 week low
₹122.65
P/E ratio
20.63
P/B ratio
3.13
ROE
16.7%
ROCE
16.05%
Dividend yield
0.06%
Debt/Equity ratio
0.52
EPS
6.13

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Investment checklist: (4/6)
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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

75%

Hold

25%

Sell

0%

This analysis is based on the reviews of 8 experts in the last 7 days

Welspun India Fundamentals

Welspun India Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

14.4%

Net profit margin

7.37%

ROE

16.7%

ROA

8.28%

ROCE

16.05%

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Welspun India Shareholder returns

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1 day
+0.20%
1 week
-0.94%
1 month
-7.00%
3 months
-17.07%
1 year
+1.20%
3 years
+10.54%
5 years
+172.53%

Welspun India Share Price history

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DayOpenCloseChange %
Fri, Nov 1 2024
₹154.00
₹155.28
+2.02%
Thu, Oct 31 2024
₹151.91
₹152.21
+0.20%
Wed, Oct 30 2024
₹149.07
₹151.91
+1.93%
Tue, Oct 29 2024
₹151.01
₹149.04
-0.96%
Mon, Oct 28 2024
₹147.50
₹150.49
+2.03%
Fri, Oct 25 2024
₹153.55
₹147.49
-4.01%
Thu, Oct 24 2024
₹158.10
₹153.65
-3.46%
Wed, Oct 23 2024
₹153.00
₹159.16
+3.34%

Welspun India Shareholding Pattern

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Promoters (66.24%)

Mutual Funds (2.76%)

Retail and other (19.01%)

Foreign institutions-FII (7.08%)

Other domestic institutions (4.91%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹0.1/share

    Ex date 26 Jun 2024

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  • Dividend • ₹0.1/share

    Ex date 27 Jun 2023

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  • Dividend • ₹0.15/share

    Ex date 23 Jun 2022

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FAQs on Welspun India