Welspun Enterprises Ltd.
•₹ 631.458%
2026-08-21
PROS
- Company has delivered good profit growth of 25.5% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 18.8% CAGR over last 5 years
- Operating margins have improved to 20.7% from 14.2%
- Company has a consistent dividend-paying track record
CONS
- Receivables are growing faster than sales - a possible quality concern
- Recent results are weak - TTM profit is down 15.8% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.44x)
- Operating cash flow has been negative in recent years
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 32.3% year on year
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | WELENT | 581.55 | 26.34 | 8049.46 | 0.52 | 56.36 | -44.29 | 773.72 | -8.44 | 16.44 | 19.49 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 699 | 646 | 707 | 823 | 930 | 815 | 896 | 1,054 | 845 | 784 | 787 | 1,199 | 774 | |
| 593 | 563 | 580 | 710 | 767 | 688 | 739 | 869 | 663 | 612 | 633 | 960 | 687 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 51 | 47 | 47 | 44 | 30 | 23 | 23 | 22 | 26 | 19 | 20 | 32 | 35 |
| Interest | 27 | 27 | 28 | 28 | 30 | 34 | 50 | 44 | 42 | 53 | 52 | 53 | 53 |
| Depreciation | 3 | 6 | 9 | 9 | 9 | 14 | 14 | 15 | 11 | 13 | 13 | 13 | 11 |
| 127 | 97 | 136 | 119 | 154 | 102 | 117 | 150 | 155 | 126 | 60 | 206 | 122 | |
| Tax % | 25.97% | 25.61% | 27.67% | 28.74% | 24.54% | 27.93% | 28.79% | 24.46% | 25.91% | 23.91% | 44.50% | 20.53% | 25.66% |
| Net Profit | 0 | 0 | 0 | 0 | 110 | 62 | 77 | 105 | 101 | 98 | 31 | 163 | 56 |
| 7 | 5 | 7 | 6 | 8 | 5 | 6 | 7 | 8 | 6 | 2 | 11 | 0 | |
| Equity Capital | 136 | 136 | 136 | 137 | 137 | 137 | 137 | 137 | 137 | 137 | 137 | 136 | 136 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 136 | 136 | 136 | 137 | 137 | 137 | 137 | 137 | 137 | 137 | 137 | 136 | 136 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 699
- 593
- Operating Profit
- —
- OPM %
- —
- Other Income
- 51
- Interest
- 27
- Depreciation
- 3
- 127
- Tax %
- 25.97%
- Net Profit
- 0
- 7
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 646
- 563
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 27
- Depreciation
- 6
- 97
- Tax %
- 25.61%
- Net Profit
- 0
- 5
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 707
- 580
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 28
- Depreciation
- 9
- 136
- Tax %
- 27.67%
- Net Profit
- 0
- 7
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 823
- 710
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 28
- Depreciation
- 9
- 119
- Tax %
- 28.74%
- Net Profit
- 0
- 6
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 930
- 767
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 30
- Depreciation
- 9
- 154
- Tax %
- 24.54%
- Net Profit
- 110
- 8
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 815
- 688
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 34
- Depreciation
- 14
- 102
- Tax %
- 27.93%
- Net Profit
- 62
- 5
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 896
- 739
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 50
- Depreciation
- 14
- 117
- Tax %
- 28.79%
- Net Profit
- 77
- 6
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,054
- 869
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 44
- Depreciation
- 15
- 150
- Tax %
- 24.46%
- Net Profit
- 105
- 7
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 845
- 663
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 42
- Depreciation
- 11
- 155
- Tax %
- 25.91%
- Net Profit
- 101
- 8
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 784
- 612
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 53
- Depreciation
- 13
- 126
- Tax %
- 23.91%
- Net Profit
- 98
- 6
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 787
- 633
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 52
- Depreciation
- 13
- 60
- Tax %
- 44.50%
- Net Profit
- 31
- 2
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 137
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,199
- 960
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 53
- Depreciation
- 13
- 206
- Tax %
- 20.53%
- Net Profit
- 163
- 11
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 774
- 687
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 53
- Depreciation
- 11
- 122
- Tax %
- 25.66%
- Net Profit
- 56
- 0
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 136
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 305 | 1,067 | 1,787 | 1,808 | 1,530 | 1,342 | 2,758 | 2,874 | 3,695 | 3,615 | 3,544 | |
| 335 | 987 | 1,593 | 1,598 | 1,358 | 1,192 | 2,511 | 2,448 | 3,062 | 2,867 | 2,892 | |
| Operating Profit | 71 | 195 | 267 | 321 | 313 | 207 | 391 | 616 | 730 | 845 | — |
| OPM % | 23 | 18 | 15 | 18 | 20 | 15 | 14 | 21 | 20 | 23 | — |
| Other Income | 101 | 115 | 74 | 112 | 142 | 57 | 143 | 191 | 97 | 97 | 106 |
| Interest | 10 | 33 | 54 | 77 | 110 | 83 | 119 | 110 | 158 | 198 | 210 |
| Depreciation | 21 | 24 | 11 | 23 | 16 | 16 | 13 | 28 | 51 | 51 | 50 |
| 15 | 116 | 207 | 203 | 180 | 105 | 741 | 479 | 520 | 545 | 514 | |
| Tax % | 67 | 40 | 39 | 25 | 28 | 24 | 8 | 27 | 26 | 26 | 25 |
| Net Profit | 5 | 69 | 127 | 151 | 130 | 80 | 684 | 349 | 384 | 406 | 383 |
| EPS | 0 | 5 | 9 | 10 | 9 | 8 | 48 | 22 | 24 | 26 | — |
| Dividend Payout % | 223 | 32 | 23 | 20 | 17 | 18 | 18 | 14 | 13 | 12 | — |
| Minority Interest | 0 | 0 | -0 | -2 | -1 | -1 | -3 | -24 | -31 | -43 | 10 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 0 | 5 | 9 | 10 | 9 | 8 | 48 | 22 | 24 | 26 | — |
| Minority Interest | 0 | 0 | -0 | -2 | -1 | -1 | -3 | -24 | -31 | -43 | 10 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 0 | 5 | 9 | 10 | 9 | 8 | 48 | 22 | 24 | 26 | — |
Mar 2017
- 305
- 335
- Operating Profit
- 71
- OPM %
- 23
- Other Income
- 101
- Interest
- 10
- Depreciation
- 21
- 15
- Tax %
- 67
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 223
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 1,067
- 987
- Operating Profit
- 195
- OPM %
- 18
- Other Income
- 115
- Interest
- 33
- Depreciation
- 24
- 116
- Tax %
- 40
- Net Profit
- 69
- EPS
- 5
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 1,787
- 1,593
- Operating Profit
- 267
- OPM %
- 15
- Other Income
- 74
- Interest
- 54
- Depreciation
- 11
- 207
- Tax %
- 39
- Net Profit
- 127
- EPS
- 9
- Dividend Payout %
- 23
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2020
- 1,808
- 1,598
- Operating Profit
- 321
- OPM %
- 18
- Other Income
- 112
- Interest
- 77
- Depreciation
- 23
- 203
- Tax %
- 25
- Net Profit
- 151
- EPS
- 10
- Dividend Payout %
- 20
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2021
- 1,530
- 1,358
- Operating Profit
- 313
- OPM %
- 20
- Other Income
- 142
- Interest
- 110
- Depreciation
- 16
- 180
- Tax %
- 28
- Net Profit
- 130
- EPS
- 9
- Dividend Payout %
- 17
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2022
- 1,342
- 1,192
- Operating Profit
- 207
- OPM %
- 15
- Other Income
- 57
- Interest
- 83
- Depreciation
- 16
- 105
- Tax %
- 24
- Net Profit
- 80
- EPS
- 8
- Dividend Payout %
- 18
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2023
- 2,758
- 2,511
- Operating Profit
- 391
- OPM %
- 14
- Other Income
- 143
- Interest
- 119
- Depreciation
- 13
- 741
- Tax %
- 8
- Net Profit
- 684
- EPS
- 48
- Dividend Payout %
- 18
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2024
- 2,874
- 2,448
- Operating Profit
- 616
- OPM %
- 21
- Other Income
- 191
- Interest
- 110
- Depreciation
- 28
- 479
- Tax %
- 27
- Net Profit
- 349
- EPS
- 22
- Dividend Payout %
- 14
- Minority Interest
- -24
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- -24
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2025
- 3,695
- 3,062
- Operating Profit
- 730
- OPM %
- 20
- Other Income
- 97
- Interest
- 158
- Depreciation
- 51
- 520
- Tax %
- 26
- Net Profit
- 384
- EPS
- 24
- Dividend Payout %
- 13
- Minority Interest
- -31
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- -31
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2026
- 3,615
- 2,867
- Operating Profit
- 845
- OPM %
- 23
- Other Income
- 97
- Interest
- 198
- Depreciation
- 51
- 545
- Tax %
- 26
- Net Profit
- 406
- EPS
- 26
- Dividend Payout %
- 12
- Minority Interest
- -43
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- -43
- Share of Associates
- 0
- Adjusted EPS
- 26
TTM
- 3,544
- 2,892
- Operating Profit
- —
- OPM %
- —
- Other Income
- 106
- Interest
- 210
- Depreciation
- 50
- 514
- Tax %
- 25
- Net Profit
- 383
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 10
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- 10
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 34%
- 5 Years:
- 19%
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 89%
- 5 Years:
- 22%
- 3 Years:
- -21%
STOCK PRICE CAGR
- 10 Years:
- 26%
- 5 Years:
- 45%
- 3 Years:
- 24%
- 1 Year:
- 28%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 17%
- 3 Years:
- 15%
- Last Year:
- 15%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 147 | 148 | 148 | 148 | 149 | 150 | 150 | 137 | 137 | 136 |
| 1,110 | 1,182 | 1,289 | 1,411 | 1,516 | 1,631 | 2,203 | 2,186 | 2,403 | 2,656 | |
| 26 | 45 | 188 | 334 | 97 | 212 | 467 | 194 | 222 | 247 | |
| Trade Payables | 66 | 215 | 574 | 282 | 329 | 408 | 482 | 666 | 858 | 988 |
| 272 | 603 | 685 | 925 | 2,692 | 3,486 | 1,799 | 1,749 | 2,412 | 3,274 | |
| Total Liabilities | 1,621 | 2,192 | 2,885 | 3,101 | 4,783 | 5,888 | 5,100 | 4,932 | 6,031 | 7,302 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 110 | 27 | 80 | 107 | 103 | 1,871 | 70 | 289 | 303 | 288 | |
| Capital Work in Progress | 64 | 64 | 120 | 64 | 64 | 64 | 7 | 7 | 7 | 7 |
| 801 | 1,118 | 933 | 948 | 804 | 812 | 1,558 | 765 | 763 | 1,650 | |
| 3 | 1 | 1 | 1 | 5 | 48 | 86 | 157 | 163 | 174 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 456 | 303 | 510 | |
| Cash & Bank | 307 | 78 | 150 | 149 | 214 | 277 | 542 | 481 | 643 | 338 |
| 336 | 905 | 1,600 | 1,833 | 3,593 | 2,816 | 2,838 | 2,778 | 3,850 | 4,336 | |
| Total Assets | 1,621 | 2,192 | 2,885 | 3,101 | 4,783 | 5,888 | 5,100 | 4,932 | 6,031 | 7,302 |
| Total Debt | 150 | 460 | 591 | 812 | 2,232 | 2,515 | 754 | 752 | 1,490 | 1,972 |
| Net Working Capital | 954 | 790 | 547 | 400 | 318 | 68 | 1,556 | 1,387 | 1,520 | 1,955 |
| Contingent Liabilities | 110 | 94 | 631 | 865 | 507 | 872 | 405 | 103 | 135 | 186 |
| Book Value per Share | 85.33 | 90.11 | 97.03 | 105.03 | 111.82 | 118.92 | 156.88 | 170.12 | 185.77 | 205.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 150 | 460 | 591 | 812 | 2,232 | 2,515 | 754 | 752 | 1,490 | 1,972 |
| Net Working Capital | 954 | 790 | 547 | 400 | 318 | 68 | 1,556 | 1,387 | 1,520 | 1,955 |
| Contingent Liabilities | 110 | 94 | 631 | 865 | 507 | 872 | 405 | 103 | 135 | 186 |
| Book Value per Share | 85.33 | 90.11 | 97.03 | 105.03 | 111.82 | 118.92 | 156.88 | 170.12 | 185.77 | 205.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 147
- 1,110
- 26
- Trade Payables
- 66
- 272
- Total Liabilities
- 1,621
- 110
- Capital Work in Progress
- 64
- 801
- 3
- 0
- Cash & Bank
- 307
- 336
- Total Assets
- 1,621
- Total Debt
- 150
- Net Working Capital
- 954
- Contingent Liabilities
- 110
- Book Value per Share
- 85.33
- Face Value
- 10.00
- Total Debt
- 150
- Net Working Capital
- 954
- Contingent Liabilities
- 110
- Book Value per Share
- 85.33
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 148
- 1,182
- 45
- Trade Payables
- 215
- 603
- Total Liabilities
- 2,192
- 27
- Capital Work in Progress
- 64
- 1,118
- 1
- 0
- Cash & Bank
- 78
- 905
- Total Assets
- 2,192
- Total Debt
- 460
- Net Working Capital
- 790
- Contingent Liabilities
- 94
- Book Value per Share
- 90.11
- Face Value
- 10.00
- Total Debt
- 460
- Net Working Capital
- 790
- Contingent Liabilities
- 94
- Book Value per Share
- 90.11
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 148
- 1,289
- 188
- Trade Payables
- 574
- 685
- Total Liabilities
- 2,885
- 80
- Capital Work in Progress
- 120
- 933
- 1
- 0
- Cash & Bank
- 150
- 1,600
- Total Assets
- 2,885
- Total Debt
- 591
- Net Working Capital
- 547
- Contingent Liabilities
- 631
- Book Value per Share
- 97.03
- Face Value
- 10.00
- Total Debt
- 591
- Net Working Capital
- 547
- Contingent Liabilities
- 631
- Book Value per Share
- 97.03
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 148
- 1,411
- 334
- Trade Payables
- 282
- 925
- Total Liabilities
- 3,101
- 107
- Capital Work in Progress
- 64
- 948
- 1
- 0
- Cash & Bank
- 149
- 1,833
- Total Assets
- 3,101
- Total Debt
- 812
- Net Working Capital
- 400
- Contingent Liabilities
- 865
- Book Value per Share
- 105.03
- Face Value
- 10.00
- Total Debt
- 812
- Net Working Capital
- 400
- Contingent Liabilities
- 865
- Book Value per Share
- 105.03
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 149
- 1,516
- 97
- Trade Payables
- 329
- 2,692
- Total Liabilities
- 4,783
- 103
- Capital Work in Progress
- 64
- 804
- 5
- 0
- Cash & Bank
- 214
- 3,593
- Total Assets
- 4,783
- Total Debt
- 2,232
- Net Working Capital
- 318
- Contingent Liabilities
- 507
- Book Value per Share
- 111.82
- Face Value
- 10.00
- Total Debt
- 2,232
- Net Working Capital
- 318
- Contingent Liabilities
- 507
- Book Value per Share
- 111.82
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 150
- 1,631
- 212
- Trade Payables
- 408
- 3,486
- Total Liabilities
- 5,888
- 1,871
- Capital Work in Progress
- 64
- 812
- 48
- 0
- Cash & Bank
- 277
- 2,816
- Total Assets
- 5,888
- Total Debt
- 2,515
- Net Working Capital
- 68
- Contingent Liabilities
- 872
- Book Value per Share
- 118.92
- Face Value
- 10.00
- Total Debt
- 2,515
- Net Working Capital
- 68
- Contingent Liabilities
- 872
- Book Value per Share
- 118.92
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 150
- 2,203
- 467
- Trade Payables
- 482
- 1,799
- Total Liabilities
- 5,100
- 70
- Capital Work in Progress
- 7
- 1,558
- 86
- 0
- Cash & Bank
- 542
- 2,838
- Total Assets
- 5,100
- Total Debt
- 754
- Net Working Capital
- 1,556
- Contingent Liabilities
- 405
- Book Value per Share
- 156.88
- Face Value
- 10.00
- Total Debt
- 754
- Net Working Capital
- 1,556
- Contingent Liabilities
- 405
- Book Value per Share
- 156.88
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 137
- 2,186
- 194
- Trade Payables
- 666
- 1,749
- Total Liabilities
- 4,932
- 289
- Capital Work in Progress
- 7
- 765
- 157
- 456
- Cash & Bank
- 481
- 2,778
- Total Assets
- 4,932
- Total Debt
- 752
- Net Working Capital
- 1,387
- Contingent Liabilities
- 103
- Book Value per Share
- 170.12
- Face Value
- 10.00
- Total Debt
- 752
- Net Working Capital
- 1,387
- Contingent Liabilities
- 103
- Book Value per Share
- 170.12
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 137
- 2,403
- 222
- Trade Payables
- 858
- 2,412
- Total Liabilities
- 6,031
- 303
- Capital Work in Progress
- 7
- 763
- 163
- 303
- Cash & Bank
- 643
- 3,850
- Total Assets
- 6,031
- Total Debt
- 1,490
- Net Working Capital
- 1,520
- Contingent Liabilities
- 135
- Book Value per Share
- 185.77
- Face Value
- 10.00
- Total Debt
- 1,490
- Net Working Capital
- 1,520
- Contingent Liabilities
- 135
- Book Value per Share
- 185.77
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 136
- 2,656
- 247
- Trade Payables
- 988
- 3,274
- Total Liabilities
- 7,302
- 288
- Capital Work in Progress
- 7
- 1,650
- 174
- 510
- Cash & Bank
- 338
- 4,336
- Total Assets
- 7,302
- Total Debt
- 1,972
- Net Working Capital
- 1,955
- Contingent Liabilities
- 186
- Book Value per Share
- 205.86
- Face Value
- 10.00
- Total Debt
- 1,972
- Net Working Capital
- 1,955
- Contingent Liabilities
- 186
- Book Value per Share
- 205.86
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -24 | -287 | -116 | -58 | 9 | 287 | 345 | -344 | -273 | 112 | |
| Cash from Investing | 327 | -250 | -139 | -62 | -918 | -487 | 1,289 | -64 | 1 | -877 |
| Cash from Financing | -122 | 268 | 53 | 106 | 753 | 125 | -204 | -486 | 536 | 426 |
| 181 | -270 | -202 | -14 | -156 | -75 | 1,430 | -895 | 264 | -338 | |
| Free Cash Flow | -32 | -287 | -125 | -58 | -2 | -1,495 | 345 | -659 | -309 | 77 |
| OCF / Net Profit | -4.77 | -4.14 | -0.92 | -0.38 | 0.07 | 3.60 | 0.50 | -0.99 | -0.71 | 0.28 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -504 | -1,968 | -1,336 | -1,870 | -2,122 | -2,042 |
| OCF / Net Profit | -4.77 | -4.14 | -0.92 | -0.38 | 0.07 | 3.60 | 0.50 | -0.99 | -0.71 | 0.28 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -504 | -1,968 | -1,336 | -1,870 | -2,122 | -2,042 |
Mar 2017
- -24
- Cash from Investing
- 327
- Cash from Financing
- -122
- 181
- Free Cash Flow
- -32
- OCF / Net Profit
- -4.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.77
- Cumulative 5-Year FCF
- 0
Mar 2018
- -287
- Cash from Investing
- -250
- Cash from Financing
- 268
- -270
- Free Cash Flow
- -287
- OCF / Net Profit
- -4.14
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.14
- Cumulative 5-Year FCF
- 0
Mar 2019
- -116
- Cash from Investing
- -139
- Cash from Financing
- 53
- -202
- Free Cash Flow
- -125
- OCF / Net Profit
- -0.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.92
- Cumulative 5-Year FCF
- 0
Mar 2020
- -58
- Cash from Investing
- -62
- Cash from Financing
- 106
- -14
- Free Cash Flow
- -58
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 0
Mar 2021
- 9
- Cash from Investing
- -918
- Cash from Financing
- 753
- -156
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- -504
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- -504
Mar 2022
- 287
- Cash from Investing
- -487
- Cash from Financing
- 125
- -75
- Free Cash Flow
- -1,495
- OCF / Net Profit
- 3.60
- Cumulative 5-Year FCF
- -1,968
- OCF / Net Profit
- 3.60
- Cumulative 5-Year FCF
- -1,968
Mar 2023
- 345
- Cash from Investing
- 1,289
- Cash from Financing
- -204
- 1,430
- Free Cash Flow
- 345
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -1,336
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -1,336
Mar 2024
- -344
- Cash from Investing
- -64
- Cash from Financing
- -486
- -895
- Free Cash Flow
- -659
- OCF / Net Profit
- -0.99
- Cumulative 5-Year FCF
- -1,870
- OCF / Net Profit
- -0.99
- Cumulative 5-Year FCF
- -1,870
Mar 2025
- -273
- Cash from Investing
- 1
- Cash from Financing
- 536
- 264
- Free Cash Flow
- -309
- OCF / Net Profit
- -0.71
- Cumulative 5-Year FCF
- -2,122
- OCF / Net Profit
- -0.71
- Cumulative 5-Year FCF
- -2,122
Mar 2026
- 112
- Cash from Investing
- -877
- Cash from Financing
- 426
- -338
- Free Cash Flow
- 77
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -2,042
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -2,042
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.34 | 4.71 | 8.56 | 10.03 | 8.67 | 8.33 | 48.19 | 21.62 | 23.59 | 25.80 |
| Book Value (₹) | 85.33 | 90.11 | 97.03 | 105.03 | 111.82 | 118.92 | 156.88 | 170.12 | 185.77 | 205.86 |
| Dividend per Share (₹) | 0.75 | 1.50 | 2.00 | 2.00 | 1.50 | 1.50 | 8.50 | 3.00 | 3.00 | 3.00 |
| Cash EPS (₹) | 1.76 | 6.31 | 9.34 | 11.70 | 9.82 | 6.39 | 46.51 | 27.57 | 31.78 | 33.68 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 23.31% | 18.27% | 14.93% | 17.78% | 20.49% | 15.43% | 14.18% | 14.81% | 17.13% | 20.69% |
| Net Margin % | 1.62% | 6.51% | 7.10% | 8.36% | 8.51% | 5.94% | 24.81% | 12.14% | 10.38% | 11.23% |
| ROE % | 0.37% | 5.37% | 9.16% | 10.09% | 8.08% | 4.63% | 33.11% | 14.92% | 15.78% | 15.23% |
| ROCE % | 1.73% | 9.29% | 13.56% | 12.63% | 9.20% | 4.58% | 23.20% | 19.02% | 19.08% | 16.44% |
| 0.31% | 3.64% | 4.99% | 5.05% | 3.30% | 1.50% | 12.46% | 6.95% | 7.00% | 6.09% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 34 | 9 | 32 | 47 | 38 | 37 | 31 | 50 | 37 | 41 |
| Inventory Days | 17 | 1 | 0 | 0 | 1 | 7 | 9 | 15 | 16 | 17 |
| Payable Days | 225 | 3604 | 8314 | 0 | 0 | 1896 | 345 | 403 | 418 | 504 |
| -174 | -3594 | -8282 | 47 | 39 | -1851 | -305 | -338 | -364 | -446 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.12x | 0.35x | 0.41x | 0.52x | 1.34x | 1.41x | 0.32x | 0.32x | 0.59x | 0.71x |
| Interest Coverage (x) | 2.48x | 4.49x | 4.86x | 3.62x | 2.63x | 2.27x | 7.24x | 5.36x | 4.29x | 3.75x |
| 5.57x | 2.90x | 1.55x | 1.39x | 1.31x | 1.04x | 1.76x | 1.87x | 1.77x | 1.87x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 62.42% | 249.37% | 67.42% | 1.17% | -15.38% | -12.24% | 105.48% | 4.21% | 28.57% | -2.16% |
| Operating Profit Growth % | 26.99% | 173.83% | 36.85% | 20.48% | -2.49% | -33.93% | 88.87% | 57.63% | 18.45% | 15.68% |
| Net Profit Growth % | 687.30% | 1299.80% | 82.57% | 19.23% | -13.86% | -38.70% | 757.67% | -49.03% | 9.96% | 5.87% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -55.14% | 9.15% | 9.35% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.11x | 20.49x | 16.10x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.79x | 2.60x | 2.02x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 0.62% | 0.72% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.19x | 10.21x | 8.60x |
Mar 2017
- EPS (₹)
- 0.34
- Book Value (₹)
- 85.33
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.76
- Operating Margin %
- 23.31%
- Net Margin %
- 1.62%
- ROE %
- 0.37%
- ROCE %
- 1.73%
- 0.31%
- Debtor Days
- 34
- Inventory Days
- 17
- Payable Days
- 225
- -174
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 2.48x
- 5.57x
- Revenue Growth %
- 62.42%
- Operating Profit Growth %
- 26.99%
- Net Profit Growth %
- 687.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.71
- Book Value (₹)
- 90.11
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 6.31
- Operating Margin %
- 18.27%
- Net Margin %
- 6.51%
- ROE %
- 5.37%
- ROCE %
- 9.29%
- 3.64%
- Debtor Days
- 9
- Inventory Days
- 1
- Payable Days
- 3604
- -3594
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 4.49x
- 2.90x
- Revenue Growth %
- 249.37%
- Operating Profit Growth %
- 173.83%
- Net Profit Growth %
- 1299.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 8.56
- Book Value (₹)
- 97.03
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 9.34
- Operating Margin %
- 14.93%
- Net Margin %
- 7.10%
- ROE %
- 9.16%
- ROCE %
- 13.56%
- 4.99%
- Debtor Days
- 32
- Inventory Days
- 0
- Payable Days
- 8314
- -8282
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 4.86x
- 1.55x
- Revenue Growth %
- 67.42%
- Operating Profit Growth %
- 36.85%
- Net Profit Growth %
- 82.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.03
- Book Value (₹)
- 105.03
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.70
- Operating Margin %
- 17.78%
- Net Margin %
- 8.36%
- ROE %
- 10.09%
- ROCE %
- 12.63%
- 5.05%
- Debtor Days
- 47
- Inventory Days
- 0
- Payable Days
- 0
- 47
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 3.62x
- 1.39x
- Revenue Growth %
- 1.17%
- Operating Profit Growth %
- 20.48%
- Net Profit Growth %
- 19.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 8.67
- Book Value (₹)
- 111.82
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 9.82
- Operating Margin %
- 20.49%
- Net Margin %
- 8.51%
- ROE %
- 8.08%
- ROCE %
- 9.20%
- 3.30%
- Debtor Days
- 38
- Inventory Days
- 1
- Payable Days
- 0
- 39
- Debt to Equity (x)
- 1.34x
- Interest Coverage (x)
- 2.63x
- 1.31x
- Revenue Growth %
- -15.38%
- Operating Profit Growth %
- -2.49%
- Net Profit Growth %
- -13.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 8.33
- Book Value (₹)
- 118.92
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 6.39
- Operating Margin %
- 15.43%
- Net Margin %
- 5.94%
- ROE %
- 4.63%
- ROCE %
- 4.58%
- 1.50%
- Debtor Days
- 37
- Inventory Days
- 7
- Payable Days
- 1896
- -1851
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- 2.27x
- 1.04x
- Revenue Growth %
- -12.24%
- Operating Profit Growth %
- -33.93%
- Net Profit Growth %
- -38.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 48.19
- Book Value (₹)
- 156.88
- Dividend per Share (₹)
- 8.50
- Cash EPS (₹)
- 46.51
- Operating Margin %
- 14.18%
- Net Margin %
- 24.81%
- ROE %
- 33.11%
- ROCE %
- 23.20%
- 12.46%
- Debtor Days
- 31
- Inventory Days
- 9
- Payable Days
- 345
- -305
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 7.24x
- 1.76x
- Revenue Growth %
- 105.48%
- Operating Profit Growth %
- 88.87%
- Net Profit Growth %
- 757.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 21.62
- Book Value (₹)
- 170.12
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 27.57
- Operating Margin %
- 14.81%
- Net Margin %
- 12.14%
- ROE %
- 14.92%
- ROCE %
- 19.02%
- 6.95%
- Debtor Days
- 50
- Inventory Days
- 15
- Payable Days
- 403
- -338
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 5.36x
- 1.87x
- Revenue Growth %
- 4.21%
- Operating Profit Growth %
- 57.63%
- Net Profit Growth %
- -49.03%
- -55.14%
- P/E (x)
- 14.11x
- P/B (x)
- 1.79x
- Dividend Yield %
- 0.98%
- 7.19x
Mar 2025
- EPS (₹)
- 23.59
- Book Value (₹)
- 185.77
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 31.78
- Operating Margin %
- 17.13%
- Net Margin %
- 10.38%
- ROE %
- 15.78%
- ROCE %
- 19.08%
- 7.00%
- Debtor Days
- 37
- Inventory Days
- 16
- Payable Days
- 418
- -364
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 4.29x
- 1.77x
- Revenue Growth %
- 28.57%
- Operating Profit Growth %
- 18.45%
- Net Profit Growth %
- 9.96%
- 9.15%
- P/E (x)
- 20.49x
- P/B (x)
- 2.60x
- Dividend Yield %
- 0.62%
- 10.21x
Mar 2026
- EPS (₹)
- 25.80
- Book Value (₹)
- 205.86
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 33.68
- Operating Margin %
- 20.69%
- Net Margin %
- 11.23%
- ROE %
- 15.23%
- ROCE %
- 16.44%
- 6.09%
- Debtor Days
- 41
- Inventory Days
- 17
- Payable Days
- 504
- -446
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 3.75x
- 1.87x
- Revenue Growth %
- -2.16%
- Operating Profit Growth %
- 15.68%
- Net Profit Growth %
- 5.87%
- 9.35%
- P/E (x)
- 16.10x
- P/B (x)
- 2.02x
- Dividend Yield %
- 0.72%
- 8.60x
Documents
Announcements
- Shareholders meeting
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.
- Shareholders meeting
2026-08-20 - Welspun Enterprises Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating- New
2026-04-29 - Welspun Enterprises Limited has informed the Exchange about Credit Rating- New
Concalls
Aug 2026
May 2026
Feb 2026