Welspun Living Ltd

Welspun Living Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Welspun Living Ltd

₹ 142 1.65%
15 May - close price
welspunindia.com BSE: 514162 NSE: WELSPUNLIV
About

Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position. [1]

It manufactures a wide range of home textile products ranging from towels, bath robes to sheets, tob and basic& fashion bedding. It also entered into the business of carpets flooring solutions recently. [2]

Key Points

Diversified Product Portfolio[1]
Bed Linen ** - Bedsheets, Comforters, Dohars, Pillow Covers
Bath Linen - Towels, Bath Mats, Bath Robes
Rugs - Doormats, Yoga mats, Bedsiderunner, Grassmats.
Flooring Solutions Click & Lock Tiles, Carpet Tiles, W 2 W carpets Greens.
Curtains & Upholstery - Cushion Cover, Curtains, Blinds, Wallpaper.
Mattresses**

Website BSE NSE
  • Market Cap ₹ 13,761 Cr.
  • Current Price ₹ 142
  • High / Low ₹ 172 / 87.5
  • Stock P/E 23.1
  • Book Value ₹ 38.5
  • Dividend Yield 0.07 %
  • ROCE 17.1 %
  • ROE 16.4 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Debtor days have improved from 37.2 to 28.5 days.

Cons

  • Stock is trading at 3.68 times its book value
  • The company has delivered a poor sales growth of 8.43% over past five years.
  • Company has a low return on equity of 10.8% over last 3 years.
  • Dividend payout has been low at 3.97% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,719 1,731 1,782 1,594 1,597 1,381 1,530 1,378 1,555 1,702 2,009 1,631 2,056
1,442 1,402 1,521 1,441 1,448 1,310 1,469 1,260 1,389 1,449 1,756 1,454 1,810
Operating Profit 277 328 261 153 149 71 60 118 166 254 253 177 246
OPM % 16% 19% 15% 10% 9% 5% 4% 9% 11% 15% 13% 11% 12%
25 17 20 25 25 26 28 42 47 26 41 31 42
Interest 37 29 15 26 12 13 15 16 16 15 16 18 34
Depreciation 82 66 70 70 70 61 62 64 82 56 55 56 71
Profit before tax 182 250 196 82 92 23 12 79 114 209 223 133 183
Tax % 25% 33% 35% 31% 55% 35% 35% 34% 31% 25% 25% 29% 20%
137 168 127 56 41 15 8 52 79 155 168 94 147
EPS in Rs 1.36 1.67 1.26 0.56 0.41 0.15 0.08 0.52 0.78 1.60 1.73 0.97 1.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,026 3,514 4,390 4,885 5,639 4,977 5,395 5,324 5,956 6,703 5,655 8,085
2,575 2,806 3,348 3,610 4,270 4,083 4,600 4,314 4,873 5,811 5,257 7,073
Operating Profit 451 708 1,042 1,275 1,370 894 795 1,009 1,084 893 397 1,012
OPM % 15% 20% 24% 26% 24% 18% 15% 19% 18% 13% 7% 13%
39 104 91 111 -389 55 -125 86 82 84 140 152
Interest 138 144 181 154 87 88 92 95 101 81 61 90
Depreciation 133 623 266 326 466 467 402 388 330 276 250 294
Profit before tax 219 45 686 906 427 394 176 613 734 619 226 779
Tax % 22% 33% 26% 28% 28% 23% 19% 22% 28% 37% 33% 24%
171 30 510 648 307 304 142 475 527 392 152 596
EPS in Rs 1.71 0.30 5.08 6.45 3.05 3.03 1.41 4.73 5.24 3.90 1.51 6.13
Dividend Payout % 23% 101% 21% 20% 21% 21% 21% 21% 3% 4% 7% 2%
Compounded Sales Growth
10 Years: 9%
5 Years: 8%
3 Years: 11%
TTM: 43%
Compounded Profit Growth
10 Years: 32%
5 Years: 16%
3 Years: 4%
TTM: 311%
Stock Price CAGR
10 Years: 28%
5 Years: 22%
3 Years: 12%
1 Year: 53%
Return on Equity
10 Years: 17%
5 Years: 13%
3 Years: 11%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 100 100 100 100 100 100 100 100 100 99 99 97
Reserves 960 949 1,332 1,799 2,101 2,329 2,389 2,707 3,238 3,376 3,440 3,644
1,694 2,311 2,467 2,566 2,738 2,721 2,510 2,275 1,409 1,318 925 1,965
605 780 928 896 1,308 1,099 1,264 1,139 1,350 1,398 1,505 1,810
Total Liabilities 3,359 4,141 4,827 5,362 6,248 6,248 6,264 6,221 6,098 6,191 5,969 7,515
1,611 1,254 1,899 2,649 3,009 2,776 2,625 2,361 2,133 1,979 1,852 2,835
CWIP 54 524 153 181 48 70 29 24 25 46 20 44
Investments 416 750 706 692 826 903 1,079 1,350 1,411 1,896 1,903 1,567
1,277 1,612 2,069 1,841 2,365 2,500 2,531 2,486 2,528 2,270 2,194 3,069
Total Assets 3,359 4,141 4,827 5,362 6,248 6,248 6,264 6,221 6,098 6,191 5,969 7,515

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
593 554 644 1,272 652 491 615 752 970 560 257 372
-315 -963 -525 -801 -720 -293 -222 -238 59 -241 244 -156
-185 432 -126 -568 94 -184 -407 -525 -914 -421 -539 -170
Net Cash Flow 93 24 -7 -97 25 14 -14 -11 116 -102 -38 46

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 14 23 32 27 48 54 57 52 46 44 39 29
Inventory Days 119 146 135 135 134 150 123 161 135 107 133 116
Days Payable 61 91 88 60 92 85 78 89 80 57 71 38
Cash Conversion Cycle 72 77 79 102 89 118 103 124 101 94 102 107
Working Capital Days 48 47 43 76 77 98 83 87 87 69 77 115
ROCE % 13% 6% 24% 25% 20% 9% 9% 13% 17% 15% 6%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.00% 70.36% 70.36% 70.36% 70.36% 70.36% 70.36% 70.36% 70.50% 70.50% 70.50% 70.50%
6.88% 7.77% 9.07% 8.52% 7.07% 6.66% 6.14% 5.80% 6.34% 6.33% 7.25% 7.14%
7.30% 5.82% 4.90% 5.25% 5.35% 5.63% 5.72% 5.72% 5.71% 5.89% 5.35% 5.44%
15.82% 16.05% 15.67% 15.88% 17.22% 17.35% 17.77% 17.13% 16.43% 16.27% 15.90% 15.92%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.99% 1.01% 1.01% 1.01% 1.01%
No. of Shareholders 1,14,8711,48,8961,58,4391,84,8492,12,6312,10,8422,05,7372,00,4281,82,1841,76,4761,75,8161,83,300

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls