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Welspun India Limited (WELSPUNIND.NS)
Key financial summary
Financials in INR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | INR bn | 53 | 58 | 60 | 66 | 83 | 81 | 93 |
| Operating profit | INR bn | 4 | 9 | |||||
| Net profit | INR bn | 4 | 2 | 5 | 5 | 6 | 2 | 7 |
| EPS reported | INR | 2.02 | 6.82 | |||||
| Operating cashflow per share | INR | 7.68 | 3.83 | |||||
| Capex per share | INR | 2.79 | 1.78 | |||||
| FCF per share | INR | 4.89 | 2.05 | |||||
| Free cash flow | INR bn | 5 | 0 | |||||
| Net debt | INR bn | 13 | 12 | |||||
| Book value equity | INR bn | 41 | 42 | |||||
| Book value per share | INR | 41.53 | 43.69 | |||||
| Number of shares | m | 984.23 | 960.76 | |||||
| DPS (TTM paid) | INR | 0.15 | 0.00 |
Financial summary
Financials in INR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 31.51 | - | |||||
| P/B LTM | x | 1.53 | 3.64 | |||||
| P/S LTM | x | 0.77 | 1.65 | |||||
| P/FCF LTM | x | 13.03 | 7,181.43 | |||||
| EV/EBITDA LTM | x | 9.82 | 11.64 | |||||
| EV/Sales LTM | x | 1.06 | 1.78 | |||||
| Earnings Yield LTM | % | 3.17% | 1.22% | |||||
| FCF Yield | % | 7.68% | 0.01% | |||||
| Quality | ||||||||
| ROE | % | 4.86% | 5.66% | |||||
| ROIC | % | 3.23% | 0.00% | |||||
| Operating margin | % | 4.40% | 18.31% | |||||
| Gross margin | % | 44.23% | 38.03% | |||||
| FCF/Sales | % | 5.94% | 1.97% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -66.67% | +437.01% | |||||
| Sales Growth YoY | % | -3.03% | +29.19% | |||||
| Net Income Growth YoY | % | -66.93% | +425.79% | |||||
| FCF Growth | % | +743.28% | -17.12% | |||||
| Operating Profit Growth | % | -62.83% | +197.87% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.24% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 7.45% | 7.45% | |||||
| FCF/Debt | x | 0.20 | 0.00 | |||||
| Net Debt/EBITDA | x | 2.65 | 0.00 | |||||
| EBIT/Net interest | x | 2.74 | 11.86 | |||||
| Net debt/market cap | % | 21.18% | 7.75% | |||||
| Net debt/Equity | x | 0.32 | 0.28 | |||||
| Gross debt/equity | x | 0.60 | 0.58 | |||||
Company overview
Welspun India Limited is a global manufacturer and distributor of home textile products, with significant operations spanning India, North America, the UK, Europe, and other international markets. Its comprehensive product portfolio includes a diverse range of towels and bath robes, featuring various styles such as solid, yarn-dyed, dobby, and jacquard designs. The company also produces an assortment of bath rugs and mats, crafted from materials like cotton, nylon, PET, and polyester filament (including its Drylon and Resilon yarn rugs), alongside printed nylon and polyester options. Beyond bath linens, Welspun India supplies bedding items, encompassing practical utility products like pillow fillers, mattress pads, and down-alternative filled comforters, as well as fashionable bedroom ensembles. Furthermore, its offerings extend to flooring solutions, such as carpet tiles, broadloom carpets, area rugs, and even artificial grass. These products are marketed under a wide array of both proprietary and licensed brands. Notable examples include Spaces, Welspun, Welspun Flooring, Welspun Health, Spun, The Championships, Wimbledon, Despicable Me, Marvel, Disney, Christy, Living by, Kingsley, WelHome, Welspun Basics, Martha Stewart, ScottLiving, Stay Well, American Cotton, and Wimbledon. In addition to its core manufacturing, Welspun India diversifies its operations into power generation, home textile product trading, and real estate development. Established in Mumbai, India, in 1985, the company originally operated as Welspun Winilon Silk Mills Pvt. Ltd. before adopting the name Welspun India Limited in 1995. It currently functions as a subsidiary of the Welspun Group Master Trust.
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Welspun India Limited (WELSPUNIND.NS)
Welspun India Limited is a global manufacturer and distributor of home textile products, with significant operations spanning India, North America, the UK, Europe, and other international markets. Its comprehensive product portfolio includes a diverse range of towels and bath robes, featuring various styles such as solid, yarn-dyed, dobby, and jacquard designs. The company also produces an assortment of bath rugs and mats, crafted from materials like cotton, nylon, PET, and polyester filament (including its Drylon and Resilon yarn rugs), alongside printed nylon and polyester options. Beyond bath linens, Welspun India supplies bedding items, encompassing practical utility products like pillow fillers, mattress pads, and down-alternative filled comforters, as well as fashionable bedroom ensembles. Furthermore, its offerings extend to flooring solutions, such as carpet tiles, broadloom carpets, area rugs, and even artificial grass. These products are marketed under a wide array of both proprietary and licensed brands. Notable examples include Spaces, Welspun, Welspun Flooring, Welspun Health, Spun, The Championships, Wimbledon, Despicable Me, Marvel, Disney, Christy, Living by, Kingsley, WelHome, Welspun Basics, Martha Stewart, ScottLiving, Stay Well, American Cotton, and Wimbledon. In addition to its core manufacturing, Welspun India diversifies its operations into power generation, home textile product trading, and real estate development. Established in Mumbai, India, in 1985, the company originally operated as Welspun Winilon Silk Mills Pvt. Ltd. before adopting the name Welspun India Limited in 1995. It currently functions as a subsidiary of the Welspun Group Master Trust.
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