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WELSPUNIND - Welspun India Share Price

₹44.85 2.1  4.9%

Last Trade - 11:21am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £436.3m
Enterprise Value £694.9m
Revenue £640.9m
Position in Universe 345th / 3003
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +17.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -28.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
53,025 59,238 66,405 60,506 65,266 67,411 65,315 72,963 +4.9%
+492.6 +35.7 -9.3 -42.8 +9.0 +13.4 -52.4 +155.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Welspun India Limited revenues decreased 30% to RS12.02B. Net income decreased 67% to RS490.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Finance Costs increase of 10% to RS412.2M (expense), Depreciation and amortisalion expense increase of 1% to RS1.11B (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Welspun India Limited (Welspun) is an India-based company, which is engaged in the textile business. The Company manufactures a range of home textile products, primarily terry towels, bed linen products and rugs. Its segments include Home Textiles and Power. The Home Textiles segment includes terry towels, bed sheets, pillows cases, rugs, carpets and others used for home furnishings. The Power segment includes generation of power. Its products under bath category include towels, such as beach towels, hand towels, face towels and bath sheets, and robes in various styles, such as kimono, hood and wraps. Its products under bed category include bed linen products, such as bed sheets in various blends; basic bedding products, such as mattress pads, and blown and garneted pillows, and decorative bedding products, such as comforters, duvets and bolsters. Its products under flooring category include rugs, such as bath rugs, and carpets. Its brands include Christy, Spaces and Welhome.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated January 17, 1985
Public Since February 15, 1993
No. of Shareholders: n/a
No. of Employees: 22,194
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 1,004,700,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WELSPUNIND Share Price Performance
Share Price
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Day's Change
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Latest News for WELSPUNIND
Upcoming Events for WELSPUNIND
Frequently Asked Questions for Welspun India
What is the Welspun India share price?

As of 11:21am, shares in Welspun India are trading at ₹44.85, giving the company a market capitalisation of £436.3m. This share price information is delayed by 15 minutes.

How has the Welspun India share price performed this year?

Shares in Welspun India are currently trading at ₹44.85 and the price has moved by -10.94% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Welspun India price has moved by -12.2% over the past year.

What are the analyst and broker recommendations for Welspun India?

Of the analysts with advisory recommendations for Welspun India, there are there are currently 1 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Welspun India is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Welspun India next release its financial results?

Welspun India is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Welspun India dividend yield?

The Welspun India dividend yield is 2.34% based on the trailing twelve month period.

Does Welspun India pay a dividend?

Last year, Welspun India paid a total dividend of 1, and it currently has a trailing dividend yield of 2.34%. Looking ahead, Welspun India has not announced an ex-dividend date yet.

When does Welspun India next pay dividends?

Welspun India has yet to annouce their ex-dividend date. The historic dividend yield on Welspun India shares is currently 2.34%.

How do I buy Welspun India shares?

To buy shares in Welspun India you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Welspun India?

Shares in Welspun India are currently trading at ₹44.85, giving the company a market capitalisation of £436.3m.

Where are Welspun India shares listed? Where are Welspun India shares listed?

Here are the trading details for Welspun India:

Country of listing: India
Exchange: NSI
Ticker Symbol: WELSPUNIND
What kind of share is Welspun India?

Based on an overall assessment of its quality, value and momentum, Welspun India is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Welspun India share price forecast 2020?

Shares in Welspun India are currently priced at ₹44.85. At that level they are trading at 33.33% discount to the analyst consensus target price of 0.00.

Analysts covering Welspun India currently have a consensus Earnings Per Share (EPS) forecast of 2.25 for the next financial year.

How can I tell whether the Welspun India share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Welspun India. Over the past six months, the relative strength of its shares against the market has been 2.63%. At the current price of ₹44.85, shares in Welspun India are trading at 8.3% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Welspun India PE Ratio?

The Welspun India PE ratio based on its reported earnings over the past 12 months is 9.68. The shares are currently trading at ₹44.85.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Welspun India?

Welspun India's management team is headed by:

Bal Goenka - NEC
Rajesh Mandawewala - MDR
Shashikant Thorat - CCO
Dipali Goenka - MDR
Arvind Singhal - DRC
Barry Leonard - CEX
Dinesh Jain - CEX
Milind Hardikar - EDR
Altaf Jiwani - CFO
Anil Channa - EDR
Suneel Mohnot - PRE
Mukesh Savlani - DMK
Pradeep Poddar - IND
Shalil Awale - DRC
Anisha Motwani - IND
Sanjeev Sancheti - CFO
Who are the major shareholders of Welspun India?

Here are the top five shareholders of Welspun India based on the size of their shareholding:

Balkrishan (Goenka) Individual Investor
Percentage owned: 68.52% (688.5m shares)
DSP Investment Managers Pvt. Ltd. Investment Advisor
Percentage owned: 3.25% (32.6m shares)
DSP Small Cap Fund Mutual Fund
Percentage owned: 2.08% (20.9m shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 1.91% (19.2m shares)
L&T Investment Management Limited Investment Advisor/Hedge Fund
Percentage owned: 1.87% (18.7m shares)
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