stock logo

71% Buy

Welspun India Share Price

WELSPUNLIV

₹143.50-₹0.40 (-0.28%) TodayLast updated on 24 May, 2024 | 03:43 PM IST
₹143.00₹145.80
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹13,805 Crs

Open

₹144.20

Close

₹143.90

Circuit range

₹172.65 - ₹115.15

Day range

₹143.00 - ₹145.80

Year range

₹87.50 - ₹171.25

Volume

11,91,862

Avg. traded

₹143.85

Revenue (12m)

₹9,679 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

arrow

52 week high

₹171.25

52 week low

₹87.50

P/E ratio

20.27

P/B ratio

3

ROE

4.33%

ROCE

6.23%

Dividend yield

0.07%

Debt/Equity ratio

0.26

EPS

1.54

Learn more

Investment checklist: (5/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

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

arrow

Buy

71%

Hold

29%

Sell

0%

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

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

9.51%

Net profit margin

2.68%

ROE

4.33%

ROA

2.49%

ROCE

6.23%

Learn more

Welspun India Shareholder returns

arrow

1 day

-0.28%

1 week

-0.45%

1 month

-9.97%

3 months

-10.98%

1 year

+56.23%

3 years

+48.55%

5 years

+147.41%

Revenue statement

All values are in ₹ Crores (Cr)
arrow

Cash flow

All values are in ₹ Crores (Cr)
arrow

Balance sheet

All values are in ₹ Crores (Cr)
arrow

Welspun India Share Price history

arrow
DayOpenCloseDay’s change
Fri, May 24 2024
₹144.20
₹143.50
-0.28%
Thu, May 23 2024
₹145.00
₹143.90
+0.07%
Wed, May 22 2024
₹144.00
₹143.80
+0.38%
Tue, May 21 2024
₹145.75
₹143.25
-1.72%
Sat, May 18 2024
₹144.60
₹145.75
+1.11%
Fri, May 17 2024
₹146.25
₹144.15
-1.47%
Thu, May 16 2024
₹142.20
₹146.30
+3.32%
Wed, May 15 2024
₹139.90
₹141.60
+1.65%

Shareholding info

arrow

Promoters (70.5%)

Mutual Funds (2.14%)

Retail and other (16.92%)

Foreign institutions-FII (7.14%)

Other domestic institutions (3.3%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹0.1/share

    Ex date 27 Jun 2023

    expand tab
  • Dividend • ₹0.15/share

    Ex date 23 Jun 2022

    expand tab
  • Dividend • ₹0.1/share

    Ex date

    expand tab

Learn more

Frequently asked questions