WELSPUNLIVTextiles

Welspun Living Limited

Other Textile Products · ISIN INE192B01031 · BSE 514162 · NSE EQ · FV ₹1
Last price
₹265
+4.54%today
What this company does

Welspun Living Limited operates in Other Textile Products, part of the Textiles sector. It booked ₹2,838 cr of revenue in its latest quarter (Q2 FY27) and kept 6.0% of sales as profit. It is the 2nd largest of 9 Other Textile Products companies we track, by market value.

Their stated vision

“to be the global beacon of sustainable home where empowerment, collaboration and continuous solutions and pioneering innovation.”

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,198–2,932 companies that reported it.

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

Price momentum
overbought
RSI (14)
72

At close. Not part of the score.

Profitability & returns52

How much profit it earns on the money it employs

Balance sheet49

How much it owes, and whether earnings cover the interest

Cash quality87

Whether reported profit actually arrives as cash

Growth & consistency50

Whether sales and profit have grown, and how steadily

Valuation26

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

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 16% vs last year
✓ Profit up 1,203% vs last year
✓ Promoters hold 64%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 6.0% net margin

What if I invest in WELSPUNLIV?

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 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — 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 We do not publish price targets or predict returns.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
₹265▲ +4.54%
latest close · 2026-11-04
1-year return
+60.1%
52-wk low ₹6252-wk high ₹267
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 ratio35.6High
LowAverageHigh
P/B ratio4.93High
Below bookModerateHigh
EV / EBITDA18.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.4%Fair
WeakFairStrong ▸15%
Return on capital14.3%Fair
WeakFairStrong
Net margin6.0%Decent
ThinDecentStrong
EBITDA margin12.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.37Comfortable
LowModerateHigh ▸1
Interest cover7.7×Strong
RiskyOkayStrong ▸5×
Current ratio1.61Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹24,994 cr
Book value
₹54
EPS
₹1.86
latest quarter
Net debt
₹1,048 cr
owes more than its cash
Enterprise value
₹26,042 cr
EBITDA
₹1,450 cr
annualised
EBIT
₹1,039 cr
annualised
Operating margin
9.2%
Return on assets
6.1%
Earnings yield
2.81%
P/S
2.20
Sales / share
₹120.2
Tax rate
24.9%
Face value
₹1
Shares
94.5 cr
Working capital
₹2,327 cr
Current assets
₹6,115 cr
Current liabilities
₹3,788 cr
Delivery %
30.2%
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 ₹46–₹87, midpoint ₹81

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₹2,838 cr
Other Income₹32 cr
Total Income₹2,870 cr
Cost of Materials₹1,344 cr
Purchases of Stock-in-Trade₹455 cr
Inventory Change (±)₹-242 cr
Employee Benefit Expense₹310 cr
Finance Costs₹34 cr
Depreciation & Amortisation₹103 cr
Other Expenses₹633 cr
Total Expenses₹2,637 cr
Exceptional Items₹-7 cr
Profit before Tax₹226 cr
Tax Expense₹56 cr
Share of JV / Associates₹-15 L
Net Profit₹170 cr
Net margin on total income5.9%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹1,557 cr54.4%
Employee benefit expense₹310 cr10.8%
Finance costs₹34 cr1.2%
Depreciation & amortisation₹103 cr3.6%
Other expenses₹633 cr22.1%
Tax expense₹56 cr2.0%
Profit for the period₹170 cr5.9%
Total income ₹2,870 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue2,435 cr2,795 cr2,838 cr
Total income2,451 cr2,828 cr2,870 cr
Expenses2,326 cr2,609 cr2,637 cr
Profit before tax125 cr219 cr226 cr
Tax19 cr58 cr56 cr
Net profit (owners' share)104 cr161 cr169 cr
Net margin (owners' share, on revenue)4.3%5.7%6.0%
EPS (₹)1.081.691.86
YoY (latest quarter): total income +16.9% · net profit +1,202.8%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹11,041 cr
Shareholder equity
₹5,066 cr
parent shareholders
Total debt
₹1,905 cr
Cash
₹857 cr
Cash flow · H1 FY27
Operating
₹1,101 cr
Investing
₹-190 cr
Financing
₹-197 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,160₹39,649 cr28.7
Welspun Living Limitedthis company₹253₹23,909 cr34.0
Vardhman Textiles Limited₹510₹14,513 cr11.7
Trident Limited₹24₹12,123 cr17.5
Indo Count Industries Limited₹467₹9,246 cr36.6
Garware Technical Fibres Limited₹739₹7,216 cr30.8
Kusumgar Limited₹563₹5,911 cr33.7
Sanathan Textiles Limited₹520₹4,385 cr46.1
Alok Industries Limited₹8₹4,057 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.04%
trailing 12 months
Dividend / share (TTM)
₹0.1
Last dividend
₹0.1
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹0.1 / share10 Jul 2026
BuybackBuy Back22 May 2026
Dividend₹1.7 / share27 Jun 2025
BuybackBuy Back5 Aug 2024
Dividend₹0.1 / share26 Jun 2024
Dividend₹0.1 / share27 Jun 2023
Who owns it · 2026-09-30
No pledge
Promoter
63.8%
FII / Foreign
9.1%
DII / Domestic
12.1%
Retail / others
14.7%
Promoter stake down 6.7% over the last 12 quarters.
Smart-money activity
Insider trades
SoldBalkrishan Goenka, Trustee of Welspun Group Master Trust · Promoter2.45 cr · ₹525.9 cr23 Sep 26
SoldViswanathan Hariharan Kollengode · Other1.50 L · ₹1.7 cr7 Aug 25
SoldWelspun India Employees Welfare Trust · Other17.68 L · ₹23.5 cr3 Jun 25
Bulk / block deals
short— · NSE5032 Nov 26
short— · NSE230 Oct 26
short— · NSE123 Sep 26
Stake changes
SoldMr. Balkrishan Goenka, Trustee, Welspun Group Master trust · promoter→ 63.26% · 2.45 cr23 Sep 26
SoldWELSPUN GROUP MASTER TRUST · promoter→ 65.99% · 84.10 L11 Jun 26
SoldBalkrishan Goenka, Trustee of Welspun Group Master trust and Aryabhat Vyapar Private Ltd · promoter→ 66.24% · 4.20 cr29 Aug 24
What shareholders were asked to approve
2 proposals passed only on promoter votes

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 · 24 Sep 2026
See the official result
1
To consider and adopt the audited financial statements, on standalone and consolidated basis, 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%
20.20 cr votes for, 1,380 against · 0% of mutual funds and other big investors said no
2
To declare dividend of Rs. 0.10 per share on Equity Shares for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
20.22 cr votes for, 1,792 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Rajesh Mandawewala, (DIN: 00007179), who retires by rotation, and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
20.04 cr votes for, 17.57 L against · 1% of mutual funds and other big investors said no
4
To approve ratification of remuneration payable to the Cost Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
20.22 cr votes for, 1,547 against · 0% of mutual funds and other big investors said no
5
To approve payment of remuneration by way of commission to Mr. Balkrishan Goenka, (DIN: 00270175), Non-Executive Chairman of the Company
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 65% of shareholders other than promotersneeded 75%
13.17 cr votes for, 7.05 cr against · 45% of mutual funds and other big investors said no

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 63.8% between them · as of 2026-09-30
BALKRISHAN GOENKA TRUSTEE OF WELSPUN GROUP MASTER TRUST63.26%
Radhika Goenka Agarwal0.21%
ARYABHAT VYAPAR PRIVATE LIMITED0.15%
Dipali Balkrishan Goenka0.08%
Balkrishan Gopiram Goenka0.05%
Balkrishan Goenka (HUF)0.02%
Abhishek Mandawewalano shares
Abhishek Mandawewala HUFno 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.