WELINVFinancial Services

Welspun Investments and Commercials Limited

Investment Company · ISIN INE389K01018 · BSE 533252 · NSE EQ · FV ₹10
Last price
₹2,025
+2.05%today
What this company does

Welspun Investments and Commercials Limited operates in Investment Company, part of the Financial Services sector. It booked ₹14 cr of revenue in its latest quarter (Q2 FY27) and kept 62.1% of sales as profit.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Financial Services, on the 3 of 6 measures we could read for it. Each measure is ranked against the 218–253 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns46

How much profit it earns on the money it employs

Valuation54

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet, cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 62% net margin
✓ Promoters hold 75%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Low 2.1% return on equity
! Operating cash flow is negative

What if I invest in WELINV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,025▲ +2.05%
latest close · 2026-11-04
1-year return
+510.6%
52-wk low ₹24752-wk high ₹2,500
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio21.1Average
LowAverageHigh
P/B ratio0.44Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.1%Weak
WeakFairStrong ▸15%
Net margin62.1%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
More figures
Market cap
₹740 cr
Book value
₹4,609
EPS
₹23.97
latest quarter
Net debt
—
Enterprise value
—
EBITDA
—
EBIT
—
Operating margin
—
Return on assets
1.9%
Earnings yield
4.74%
P/S
13.11
Sales / share
₹154.5
Tax rate
25.1%
Face value
₹10
Shares
0.4 cr
Working capital
—
Current assets
—
Current liabilities
—
Delivery %
61.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹54–₹95, midpoint ₹75

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹14 cr
Other Income₹0.01 L
Total Income₹14 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹28.5 L
Finance Costs₹0 cr
Depreciation & Amortisation₹0 cr
Other Expenses₹2 cr
Total Expenses₹2 cr
Profit before Tax₹12 cr
Tax Expense₹3 cr
Net Profit₹9 cr
Net margin on total income62.1%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹28.5 L2.0%
Other expenses₹2 cr15.2%
Tax expense₹3 cr20.7%
Profit for the period₹9 cr62.1%
Total income ₹14 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹1,851 cr
Shareholder equity
₹1,684 cr
parent shareholders
Total debt
₹0 cr
Cash
₹59.4 L
Cash flow · H1 FY27
Operating
₹-102 cr
Investing
₹98 cr
Financing
₹0 cr
Peer comparison
Investment Company · by market value
CompanyPriceMarket capP/E
Jio Financial Services Limited₹214₹1.41 L cr105.0
Aditya Birla Capital Limited₹381₹1.04 L cr20.2
Cholamandalam Financial Holdings Limited₹1,400₹58,367 cr8.2
Tata Investment Corporation Limited₹553₹27,977 cr60.4
TVS Holdings Limited₹12,389₹25,075 cr10.3
Maharashtra Scooters Limited₹12,118₹13,851 cr11.8
Religare Enterprises Limited₹220₹13,248 cr—
JSW Holdings Limited₹10,863₹12,057 cr23.0
Pilani Investment and Industries Corporation Limited₹3,868₹4,283 cr—
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
74.6%
FII / Foreign
—
DII / Domestic
0.1%
Retail / others
25.3%
Smart-money activity
Insider trades
BoughtBalkrishan Goenka, Trustee of Welspun Group Master Trust · Promoters26.56 L · ₹7230 Mar 19
SoldWELSPUN TRADEWEL LIMITED · Promoters24,654 · ₹45.3 L26 Feb 18
BoughtWELSPUN GROUP MASTER TRUST · Promoters25,080 · ₹46.0 L26 Feb 18
Bulk / block deals
BoughtLLOYDS ENTERPRISES LIMITED · NSE22,238 @ ₹1,85120 Aug 26
BoughtLLOYDS ENTERPRISES LIMITED · NSE29,960 @ ₹1,797.1219 Aug 26
BoughtLLOYDS ENTERPRISES LIMITED · NSE97,622 @ ₹1,79018 Aug 26
Stake changes
BoughtBalknshna Goenka, Trustee of Weispun Group Master Trust · promoter→ 73.35% · 26.56 L30 Mar 19
BoughtBalkrishna Goenka, Trustee of Welspun Group Master Trust · promoter→ 73.35% · 26.56 L30 Mar 19
BoughtAthelred Multiventure Private Limited · promoter→ 74.58%30 Mar 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To receive, consider and adopt the audited financial statements for the financial year ended March 31, 2026 and the Reports of the Board of Directors and the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
5.26 L votes for, 5 against
2
Appointment of Mr. Devendra Patil (DIN: 0062784), Director retiring by rotation as Non-Executive, Non-Independent Director
Backed by 100% of shareholders other than promotersneeded 50%
5.26 L votes for, 5 against
3
Investment by Vishwakarma Realty Private Limited, a wholly owned subsidiary of the Company in Indivara Realty Private Limited, a promoter group company through subscription of Optionally Convertible Debentures, constituting a Material Related Party transaction.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
5.26 L votes for, 5 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 181 named members
owning 74.6% between them · as of 2026-09-30
BALKRISHAN GOENKA, TRUSTEE OF WELSPUN GROUP MASTER TRUST73.35%
DIPALI BALKRISHAN GOENKA0.90%
RADHIKA GOENKA AGARWAL0.25%
BALKRISHAN GOPIRAM GOENKA0.06%
BALKRISHAN GOENKA (HUF)0.02%
ABHISHEK MANDAWEWALAno shares
ABHISHEK MANDAWEWALA HUFno shares
Adani Welspun Exploration Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.