Welspun Living Ltd
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]
- Market Cap ₹ 14,682 Cr.
- Current Price ₹ 151
- High / Low ₹ 172 / 92.8
- Stock P/E 24.6
- Book Value ₹ 38.5
- Dividend Yield 0.07 %
- ROCE 17.1 %
- ROE 16.4 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 37.2 to 28.5 days.
Cons
- Stock is trading at 3.92 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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: | 22% |
5 Years: | 21% |
3 Years: | 14% |
1 Year: | 60% |
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% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Welspun Living Limited (The Company) Held Today, July 01, 2024 1d
- Closure of Trading Window 27 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Jun - Find Attached newspaper publication with respect to completion of dispatch of Postal Ballot Notice dated June 17, 2024.
Annual reports
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Financial Year 2011
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Financial Year 2011
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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**