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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]
Business Segments1) Home Textiles (92% in H1 FY25 vs 94% in FY22):[1][2]The company offers bed linen, bath linen, rugs, curtains & upholstery, and advanced textiles like spunlace, wet wipes, and needle punch under its owned and licensed brands likeChristy, Spaces, Welhome, Disney Home, Martha Stewart, etc. The segment revenue grew by 3% between FY22 and FY24.[3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | K P R Mill Ltd | 984.00 | 40.16 | 33634.48 | 0.50 | 218.03 | 6.36 | 1632.03 | 10.27 | 19.84 | 6696.50 | 18.81 | 837.53 | 218.03 | 6.30 | 13.49 | 0.06 |
| 2. | Trident | 27.93 | 32.13 | 14232.97 | 1.79 | 90.93 | 9.30 | 1787.17 | 4.33 | 9.48 | 7025.49 | 13.73 | 443.85 | 90.93 | 3.08 | 5.01 | 0.35 |
| 3. | Welspun Living | 136.70 | 32.03 | 13111.65 | 1.25 | 147.73 | -15.91 | 1843.23 | -23.08 | 13.76 | 7782.48 | 8.04 | 409.75 | 147.73 | 3.28 | 6.72 | 0.41 |
| 4. | Vardhman Textile | 431.40 | 14.79 | 12477.70 | 1.15 | 187.76 | -4.99 | 2480.10 | -0.89 | 10.83 | 9839.63 | 12.80 | 842.12 | 187.03 | 1.24 | 6.99 | 0.15 |
| 5. | Alok Industries | 16.33 | – | 8108.20 | 0.00 | -162.38 | 36.04 | 941.09 | 6.26 | -4.76 | 3690.40 | -1.11 | -806.25 | -167.63 | – | -12.86 | – |
| 6. | Garware Tech. | 680.10 | 33.13 | 6751.06 | 1.18 | 31.94 | -51.50 | 347.90 | -17.28 | 24.68 | 1498.40 | 18.65 | 203.91 | 31.99 | 5.20 | 13.13 | 0.10 |
| 7. | Raymond Lifestyl | 1067.70 | 82.10 | 6504.82 | 0.00 | 75.19 | -13.60 | 1832.40 | 7.27 | 2.87 | 6511.19 | 7.62 | 79.25 | 78.61 | 0.67 | 0.48 | 0.26 |
| – | Median: 108 Co. | 137.62 | 19.87 | 411.76 | 0.0 | 4.88 | 10.68 | 129.71 | 2.75 | 9.07 | 446.59 | 8.04 | 15.38 | 4.81 | 1.69 | 3.31 | 0.46 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,530 | 1,378 | 1,555 | 1,702 | 2,269 | 1,865 | 2,056 | 2,170 | 2,396 | 1,970 | 2,086 | 1,883 | 1,843 |
Expenses | 1,469 | 1,260 | 1,389 | 1,449 | 1,977 | 1,664 | 1,810 | 1,928 | 2,132 | 1,782 | 1,874 | 1,718 | 1,784 |
Operating Profit | 60 | 118 | 166 | 254 | 292 | 201 | 246 | 242 | 264 | 189 | 212 | 165 | 59 |
Other Income | 28 | 42 | 47 | 26 | 38 | 42 | 42 | 48 | 69 | 30 | 3 | 23 | 173 |
Profit before tax | 12 | 79 | 114 | 209 | 238 | 143 | 183 | 195 | 236 | 107 | 113 | 102 | 146 |
Tax % | 35% | 34% | 31% | 25% | 23% | 27% | 20% | 26% | 26% | 18% | 13% | 26% | -1% |
Net Profit | 8 | 52 | 79 | 155 | 182 | 104 | 147 | 145 | 176 | 88 | 98 | 76 | 148 |
EPS in Rs | 0.08 | 0.52 | 0.78 | 1.60 | 1.88 | 1.07 | 1.51 | 1.49 | 1.83 | 0.92 | 1.02 | 0.79 | 1.54 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 3,514 | 4,390 | 4,885 | 5,639 | 4,977 | 5,395 | 5,324 | 5,956 | 6,703 | 6,298 | 8,085 | 8,622 | 7,782 |
Expenses | 2,806 | 3,348 | 3,610 | 4,270 | 4,083 | 4,600 | 4,314 | 4,873 | 5,811 | 5,842 | 7,073 | 7,716 | 7,157 |
Operating Profit | 708 | 1,042 | 1,275 | 1,370 | 894 | 795 | 1,009 | 1,084 | 893 | 456 | 1,012 | 907 | 626 |
Other Income | 104 | 91 | 111 | -389 | 55 | -125 | 86 | 82 | 84 | 134 | 152 | 150 | 229 |
Interest | 144 | 181 | 154 | 87 | 88 | 92 | 95 | 101 | 81 | 70 | 90 | 129 | 113 |
Depreciation | 623 | 266 | 326 | 466 | 467 | 402 | 388 | 330 | 276 | 323 | 294 | 277 | 273 |
Profit before tax | 45 | 686 | 906 | 427 | 394 | 176 | 613 | 734 | 619 | 197 | 779 | 651 | 469 |
Net Profit | 30 | 510 | 648 | 307 | 304 | 142 | 475 | 527 | 392 | 123 | 596 | 507 | 410 |
EPS in Rs | 0.30 | 5.08 | 6.45 | 3.05 | 3.03 | 1.41 | 4.73 | 5.24 | 3.90 | 1.22 | 6.13 | 5.28 | 4.27 |
Dividend Payout % | 101% | 21% | 20% | 21% | 21% | 21% | 21% | 3% | 4% | 8% | 2% | 3% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 99 | 99 | 97 | 96 | 96 |
Reserves | 949 | 1,332 | 1,799 | 2,101 | 2,329 | 2,389 | 2,707 | 3,238 | 3,376 | 3,309 | 3,644 | 3,809 | 3,952 |
Borrowings | 2,311 | 2,467 | 2,566 | 2,738 | 2,721 | 2,510 | 2,275 | 1,409 | 1,318 | 1,767 | 1,965 | 1,678 | 1,646 |
Other Liabilities | 780 | 928 | 896 | 1,308 | 1,099 | 1,264 | 1,139 | 1,350 | 1,398 | 1,705 | 1,810 | 1,925 | 1,936 |
Total Liabilities | 4,141 | 4,827 | 5,362 | 6,248 | 6,248 | 6,264 | 6,221 | 6,098 | 6,191 | 6,880 | 7,515 | 7,508 | 7,629 |
Fixed Assets | 1,254 | 1,899 | 2,649 | 3,009 | 2,776 | 2,625 | 2,361 | 2,133 | 1,979 | 2,904 | 2,833 | 2,834 | 2,741 |
Gross Block | 2,723.53 | 3,607.05 | 2,972.74 | 3,787.37 | 4,008.00 | 4,249.00 | 4,345.31 | 4,380.93 | 4,414.08 | 5,775.40 | 5,946.78 | 6,209.47 | – |
Accumulated Depreciation | 1,469.43 | 1,708.36 | 324.08 | 778.31 | 1,231.79 | 1,624.14 | 1,984.41 | 2,247.57 | 2,435.46 | 2,871.33 | 3,113.51 | 3,375.63 | – |
CWIP | 524 | 153 | 181 | 48 | 70 | 29 | 24 | 25 | 46 | 34 | 46 | 99 | 92 |
Investments | 750 | 706 | 692 | 826 | 903 | 1,079 | 1,350 | 1,411 | 1,896 | 1,303 | 1,567 | 1,295 | 1,613 |
Other Assets | 1,612 | 2,069 | 1,841 | 2,365 | 2,500 | 2,531 | 2,486 | 2,528 | 2,270 | 2,638 | 3,069 | 3,280 | 3,183 |
Total Assets | 4,141 | 4,827 | 5,362 | 6,248 | 6,248 | 6,264 | 6,221 | 6,098 | 6,191 | 6,880 | 7,515 | 7,508 | 7,629 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 554 | 644 | 1,272 | 652 | 491 | 615 | 752 | 970 | 560 | 279 | 372 | 531 |
Cash from Investing Activity | -963 | -525 | -801 | -720 | -293 | -222 | -238 | 59 | -241 | 278 | -156 | 336 |
Cash from Financing Activity | 432 | -126 | -568 | 94 | -184 | -407 | -525 | -914 | -421 | -586 | -170 | -785 |
Net Cash Flow | 24 | -7 | -97 | 25 | 14 | -14 | -11 | 116 | -102 | -29 | 46 | 82 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 32 | 27 | 48 | 54 | 57 | 52 | 46 | 44 | 38 | 29 | 32 |
Inventory Days | 146 | 135 | 135 | 134 | 150 | 123 | 161 | 135 | 107 | 134 | 122 | 112 |
Days Payable | 91 | 88 | 60 | 92 | 85 | 78 | 89 | 80 | 57 | 71 | 40 | 44 |
Cash Conversion Cycle | 77 | 79 | 102 | 89 | 118 | 103 | 124 | 101 | 94 | 100 | 111 | 100 |
Working Capital Days | -37 | -19 | 9 | 31 | 38 | 15 | 2 | 17 | 5 | 28 | 25 | 32 |
ROCE % | 6% | 24% | 25% | 20% | 9% | 9% | 13% | 17% | 15% | 5% | 16% | 14% |
Direct from BSE filings, auto-summarised
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