Welspun Enterprises Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Transport: 39.4% • Water: 34.3% • Tunneling & Rehabilitation: 26.3%
AI Sector View
AI GENERATEDConstruction
Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.
PROS
- Company has delivered good profit growth of 23.5% CAGR over last 5 years
- Company is almost debt free
- Company comfortably covers its interest (8.8x coverage)
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 22.5% versus prior year
- A large part of profit comes from other income (28.1% of PBT)
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.58x)
- Working capital days have increased from 175 to 253 days
- Valuation is stretched - P/E of 38.4 is well above its own 5-year median (18.3)
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LT | 3925.00 | 32.55 | 540027.44 | 0.97 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| RVNL | 207.00 | 47.98 | 43159.92 | 0.34 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| KPIL | 1408.65 | 21.17 | 24055.87 | 0.78 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| IRB | 19.07 | 24.14 | 23032.75 | 1.36 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 7.72 | 53.93 |
| CEMPRO | 1268.60 | 36.23 | 21792.97 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| ENGINERSIN | 273.15 | 19.58 | 15352.19 | 1.83 | 157.94 | 141.49 | 819.84 | -5.80 | 30.94 | 20.61 |
| TECHNOE | 983.20 | 26.53 | 11434.57 | 0.71 | 93.33 | -31.44 | 630.34 | 19.84 | 14.86 | 15.79 |
| WELENT | 782.45 | 35.43 | 10830.19 | 0.38 | 56.36 | -44.29 | 773.72 | -8.44 | 16.44 | 19.49 |
| IRCON | 115.10 | 20.67 | 10825.34 | 1.65 | 92.03 | -43.92 | 1955.83 | 9.49 | 10.15 | 9.81 |
| KEC | 392.85 | 18.89 | 10457.67 | 1.40 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| AFCONS | 274.30 | 69.72 | 10088.33 | 0.73 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| NCC | 145.55 | 13.06 | 9138.31 | 1.51 | 228.90 | 11.85 | 5811.83 | 12.22 | 16.77 | 9.43 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 681 | 542 | 584 | 644 | 747 | 663 | 683 | 734 | 604 | 593 | 589 | 809 | 543 | |
| 578 | 483 | 485 | 569 | 647 | 589 | 604 | 638 | 512 | 502 | 522 | 681 | 499 | |
| Operating Profit | 103 | 59 | 99 | 75 | 99 | 73 | 79 | 96 | 92 | 91 | 67 | 129 | 44 |
| OPM % | 15.16% | 10.96% | 16.93% | 11.66% | 13.30% | 11.09% | 11.55% | 13.13% | 15.26% | 15.41% | 11.39% | 15.92% | 8.12% |
| 29 | 29 | 23 | 22 | 30 | 25 | 26 | 26 | 32 | 25 | 24 | 20 | 37 | |
| Interest | 9 | 9 | 7 | 8 | 9 | 9 | 8 | 8 | 5 | 17 | 15 | 16 | 15 |
| Depreciation | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 2 | 2 | 4 | 3 | 3 | 3 |
| Profit before Tax | 120 | 77 | 112 | 87 | 118 | 87 | 95 | 112 | 117 | 95 | 73 | 129 | 82 |
| Tax % | 25.33% | 30.06% | 30.70% | 26.22% | 24.95% | 25.86% | 27.04% | 24.60% | 25.62% | 23.22% | 24.49% | 27.85% | 25.90% |
| Net Profit | 90 | 54 | 78 | 64 | 89 | 65 | 69 | 85 | 87 | 73 | 55 | 93 | 60 |
| 6.44 | 3.96 | 5.68 | 4.70 | 6.51 | 4.75 | 5.06 | 6.21 | 6.35 | 5.35 | 4.03 | 7.00 | 4.46 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 292 | 997 | 1,739 | 1,760 | 1,410 | 1,307 | 2,676 | 2,450 | 2,827 | 2,595 | 2,535 | |
| 322 | 927 | 1,557 | 1,554 | 1,241 | 1,163 | 2,440 | 2,114 | 2,479 | 2,215 | 2,203 | |
| Operating Profit | -30 | 70 | 182 | 206 | 169 | 144 | 237 | 336 | 348 | 379 | 331 |
| OPM % | -10.27% | 7.06% | 10.48% | 11.72% | 11.97% | 11.03% | 8.84% | 13.72% | 12.32% | 14.62% | 13.08% |
| 108 | 110 | 74 | 53 | 29 | 38 | 664 | 103 | 107 | 100 | 106 | |
| Interest | 8 | 8 | 14 | 25 | 45 | 53 | 76 | 33 | 33 | 53 | 63 |
| Depreciation | 17 | 20 | 11 | 19 | 12 | 12 | 10 | 10 | 9 | 12 | 13 |
| Profit before Tax | 53 | 153 | 232 | 214 | 141 | 116 | 815 | 396 | 413 | 414 | 379 |
| Tax % | 18.91% | 28.11% | 33.76% | 25.57% | 23.82% | 19.45% | 5.76% | 27.96% | 25.53% | 25.56% | 25.62% |
| Net Profit | 43 | 110 | 154 | 159 | 107 | 93 | 768 | 285 | 308 | 308 | 282 |
| EPS | 2.48 | 7.37 | 10.34 | 10.61 | 7.17 | 6.24 | 51.09 | 20.89 | 22.51 | 22.73 | — |
| Dividend Payout % | 25.53% | 20.17% | 19.27% | 18.63% | 20.78% | 24.04% | 16.60% | 14.36% | 13.33% | 13.20% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 30%
- 5 Years:
- 13%
- 3 Years:
- -1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 22%
- 5 Years:
- 23%
- 3 Years:
- -26%
STOCK PRICE CAGR
- 10 Years:
- 30%
- 5 Years:
- 53%
- 3 Years:
- 42%
- 1 Year:
- 67%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 15%
- 3 Years:
- 12%
- Last Year:
- 11%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 147 | 148 | 148 | 148 | 149 | 150 | 150 | 137 | 137 | 136 |
| 1,204 | 1,301 | 1,435 | 1,567 | 1,650 | 1,734 | 2,312 | 2,285 | 2,552 | 2,764 | |
| 80 | 66 | 171 | 312 | 567 | 531 | 678 | 375 | 193 | 208 | |
| Trade Payables | 65 | 206 | 564 | 287 | 309 | 398 | 476 | 578 | 696 | 705 |
| 163 | 187 | 275 | 357 | 508 | 676 | 751 | 343 | 1,238 | 1,855 | |
| Total Liabilities | 1,660 | 1,908 | 2,592 | 2,671 | 3,184 | 3,488 | 4,367 | 3,718 | 4,817 | 5,668 |
| 25 | 8 | 63 | 32 | 29 | 32 | 20 | 16 | 16 | 27 | |
| Capital Work in Progress | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1,124 | 1,350 | 1,210 | 1,433 | 1,511 | 1,463 | 2,024 | 1,507 | 1,633 | 2,505 | |
| 3 | 1 | 1 | 1 | 5 | 48 | 86 | 103 | 112 | 129 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 621 | 660 | 571 | |
| Cash & Bank | 294 | 44 | 112 | 121 | 167 | 86 | 470 | 427 | 557 | 240 |
| 213 | 505 | 1,206 | 1,085 | 1,472 | 1,859 | 1,766 | 1,044 | 1,840 | 2,196 | |
| Total Assets | 1,660 | 1,908 | 2,592 | 2,671 | 3,184 | 3,488 | 4,367 | 3,718 | 4,817 | 5,668 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 141 | 39 | 11 | 167 | 377 | 253 | 80 | -106 | 274 | 354 | |
| Cash from Investing | 205 | -258 | -221 | -178 | -717 | -266 | 1,673 | -76 | 2 | -772 |
| Cash from Financing | -165 | -29 | 67 | 78 | 207 | -173 | -243 | -662 | -67 | 100 |
| 173 | -288 | -216 | 4 | -174 | -217 | 1,455 | -844 | 208 | -319 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-08 - Significant movement in price has been observed in Welspun Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Welspun Enterprises Limited has submitted their response.
2026-09-07 - Significant movement in price has been observed in Welspun Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
2026-08-21 - Significant increase in volume has been observed in Welspun Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Welspun Enterprises Limited has submitted their response.
2026-08-21 - Significant increase in volume has been observed in Welspun Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
2026-08-20 - Welspun Enterprises Limited has submitted the Exchange a copy of Srutinizers Report of Annual General Meeting held on August 20, 2026. Further, the company has informed the Exchange regarding voting results.
2026-08-20 - Welspun Enterprises Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026
2026-08-11 - Welspun Enterprises Limited has informed the Exchange about Transcript
2026-08-05 - Welspun Enterprises Limited has informed the Exchange about Link of Audio Recording of the Earnings Call held for the Unaudited financial results for the quarter ended June 30, 2026
2026-08-05 - Welspun Enterprises Limited has informed the Exchange about Copy of Newspaper Publication on the unaudited financial results for the quarter ended June 30, 2026.
News
Recent coverage and analyst commentary for WELENT
Loading news…
AI Stock Analyst
Welspun Enterprises Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account