āagman

Not investment advice. Data and computed figures, for information only.

Welspun Living Ltd

NSE: WELSPUNLIV
₹216.80
−₹12.78 (−5.57%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹21,139 Cr
CMP
₹216.80
52-wk High / Low
₹246 / 107
P/E
76.0
P/B
4.4
Book Value
₹51.3
Div Yield
0.04%
ROCE
6.0%
ROE
4.5%
Face Value
₹1
D/E
0.47

Price+76.6% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹50
√(22.5 × EPS × book value per share)
ROIC
4.1%
vs 4.9% sector median
Cash flow to profit
5.52
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+153
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
4.3%
ROE × earnings retention ratio
ROE stability
4.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.12FII +0.22DII +0.20
Latest quarter vs the previous one
Cash-accrual divergence
−9.3%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 28.7% since FY2016 (3248 to 2315)
+Price trades above its 200-day moving average (1.4x)
Watch-outs
−Latest ROCE of 6% trails the sector median of 9%
−Annualised volatility of 45.1% is in the high band (≥45%)
−Promoter holding fell by 4pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,1842,5092,4112,5752,5362,8732,4902,6462,2612,4412,2622,4352,795
Expenses1,8742,1512,0722,2172,1952,5152,2092,3302,0352,2882,1022,1862,474
Operating Profit310358339359342358280316225153160249321
OPM %14.2%14.3%14.1%13.9%13.5%12.5%11.2%11.9%10.0%6.3%7.1%10.2%11.5%
Other Income3133434252633822915−51634
Interest26344252435562574243393734
Depreciation9998100969786989388101102103100
Profit before tax2162592402522532801581681242414125220
Net Profit16320017913118620212313389153106163
EPS (₹)1.662.021.821.501.912.101.261.370.910.140.001.081.70

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5,2645,9246,6386,0506,5276,7417,3409,3118,0949,67910,5459,3999,934
Expenses3,9874,3255,0544,9265,4585,5265,9887,9507,3418,3109,2468,6059,050
Operating Profit1,2781,5991,5841,1241,0681,2151,3521,3627531,3691,299794884
OPM %24.3%27.0%23.9%18.6%16.4%18.0%18.4%14.6%9.3%14.1%12.3%8.4%8.9%
Other Income9184−38481−18713968631211461524960
Interest283237158141159178198131130153217161153
Depreciation333372505504436481454420442394373394407
Profit before tax7531,074536560287694769873302967860287384
Net Profit544749362398226524551607203673644213286
EPS (₹)5.377.333.563.832.095.055.375.981.987.016.662.132.92

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital1001001001001001001009999979696—
Reserves1,3311,8702,2972,5052,6792,8723,5443,8733,9894,4194,7254,821—
Borrowings3,0853,2483,3113,2813,3103,5212,9403,3042,4622,6322,7622,315—
Other Liabilities1,1781,2581,5501,3011,5931,7011,9812,0361,9782,3372,6843,160—
Total Liabilities5,6956,4767,2587,1877,6828,1948,5669,3128,5279,48510,26710,392—
Fixed Assets2,6273,3483,6893,4603,3063,9333,8144,0053,9183,8134,0224,460—
CWIP1561835683489581731664649380269—
Investments14229126128127244111698642916570892—
Other Assets2,7702,9163,3873,5163,7613,9594,4674,4433,9224,7075,2954,771—
Total Assets5,6956,4767,2587,1877,6828,1948,5669,3128,5279,48510,26710,392—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5519391,3288325458077779545877565336881,175
Cash from Investing Activity−931−606−801−715−300−540−458−97−600244−21058−345
Cash from Financing Activity420−325−620−99−250−232−269−762−55−1,086−269−663−975
Net Cash Flow408−9318−5355194−68−865583−146

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %9.024.027.021.012.011.013.015.014.06.016.014.06.0
ROE %————————————4.5
EPS (₹)0.925.377.333.563.832.095.055.375.981.987.016.662.13
Book Value (₹)————————————51.3
Face Value (₹)————————————1
P/E————————————76.0
Div Yield %————————————0.04
NPM %1.910.212.55.86.53.67.67.46.52.56.86.02.3
OPM %21.024.027.024.019.016.018.018.015.09.014.012.08.0
D/E2.732.161.651.381.261.191.180.810.830.600.580.570.47
P/B————————————4.4

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+5.0%
5 years+5.0%
3 years+5.0%
TTM−3.0%
Compounded profit growth
10 years−11.0%
5 years−17.0%
3 years+4.0%
TTM−49.0%
Stock price CAGR
10 years+15.0%
5 years+6.0%
3 years+21.0%
Last year+82.0%
Return on equity
10 years13.0%
5 years11.0%
3 years11.0%
Last year4.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters73.48%73.48%68.48%68.48%68.89%70.00%70.36%70.36%70.50%66.24%66.24%66.36%
FIIs11.94%11.94%9.17%8.30%5.18%5.90%8.52%5.80%7.14%5.35%4.99%5.21%
DIIs2.04%2.04%6.29%10.31%8.61%7.25%5.25%5.72%5.44%8.93%11.18%11.38%
Government0.00%0.00%0.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%
Public12.54%12.54%15.98%12.91%17.32%16.85%15.88%17.13%15.92%18.46%17.22%16.69%
No. of shareholders64,60264,60288,20770,68673,31077,3501,84,8492,00,4281,83,3002,42,8912,43,2222,23,860
Change since Jun 2023 (pp)
Promoters −7.12FIIs −6.73DIIs +9.34Public +4.15

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025PPTNov 2025PPT

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Re 0.10 Per Share—
27 Jun 2025DIVIDENDDividend - Rs 1.7 Per Share—
26 Jun 2024DIVIDENDAnnual General Meeting/Dividend - Re 0.10 Per Share—
27 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Rs 0.10 Per Share—
23 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.15 Per Share—
24 May 2021DIVIDEND Dividend - Rs 0.15 Per Share—
17 Mar 2020DIVIDEND Interim Dividend - Re 1 Per Share—
11 Jul 2019DIVIDEND Annual General Meeting/Dividend Rs 0.30 Per Share—
25 Jun 2018DIVIDEND Annual General Meeting / Dividend- Re 0.65 Per Share—
22 Jun 2017DIVIDEND Annual General Meeting/Dividend - Re 0.65 Per Share—
23 Jun 2016DIVIDEND Annual General Meeting/ Dividend - Re 0.05/- Per Share—
21 Mar 2016SPLIT Interim Div - Rs 6/- Per Share + Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share 10 : 1
30 Oct 2015DIVIDEND Interim Dividend - Rs 6.50/- Per Share—
18 Jun 2015DIVIDENDFinal Dividend - Rs 7.50/- Per Share—
17 Nov 2014DIVIDENDInterim Dividend - Rs 3/- Per Share—
19 Jun 2014DIVIDENDAnnual General Meeting / Dividend - Rs 3/- Per Share—
19 Sep 2013DIVIDENDAnnual General Meeting And Dividend Rs.2/- Per Share—
22 Nov 2012DIVIDENDInterim Dividend Rs.2/- Per Share—
24 Jun 2010DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman