Welspun Enterprises Ltd
WELENTWelspun Enterprises Ltd
WELENTPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
25.44 | 3.04 | 0.54% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.59 | 7.17 | 0.53% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Welspun Enterprises Limited is a holding company that operates through infrastructure development segment.It has investment in renewable energy, and oil and gas exploration sectors.
Investor Presentation
View olderÂPeers
Compare with peersÂLarsen and Toubro Ltd
GMR Airports Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 295.44 | 431.78 | 1,196.61 | 1,879.95 | 1,919.43 | 1,671.52 | 1,445.65 | 3,526.75 | 3,063.31 | 3,418.57 | ||||||||||
Raw Materials | 107.22 | 69.59 | 14.15 | 17.32 | 8.62 | 6.05 | 63.71 | 390.12 | 470.89 | 2,789.65 | ||||||||||
Power & Fuel Cost | 4.39 | 3.95 | 4.19 | 5.21 | 2.68 | 3.52 | 9.08 | 14.09 | 12.21 | |||||||||||
Employee Cost | 29.05 | 29.91 | 51.67 | 80.84 | 87.14 | 82.81 | 109.67 | 149.46 | 172.87 | |||||||||||
Selling & Administrative Expenses | 33.66 | 31.68 | 51.22 | 46.77 | 52.77 | 115.95 | 93.04 | 186.00 | 236.40 | |||||||||||
Operating & Other expenses | 84.93 | 250.48 | 902.89 | 1,457.68 | 1,465.58 | 1,157.03 | 919.61 | 1,872.15 | 1,584.49 | |||||||||||
EBITDA | 36.19 | 46.17 | 172.49 | 272.13 | 302.64 | 306.16 | 250.54 | 914.93 | 586.45 | 628.92 | ||||||||||
Depreciation/Amortization | 27.34 | 20.90 | 23.59 | 11.49 | 22.54 | 15.99 | 15.93 | 13.10 | 27.56 | 41.10 | ||||||||||
PBIT | 8.85 | 25.27 | 148.90 | 260.64 | 280.10 | 290.17 | 234.61 | 901.83 | 558.89 | 587.82 | ||||||||||
Interest & Other Items | 12.82 | 10.17 | 33.17 | 53.66 | 77.36 | 110.45 | 82.90 | 118.76 | 109.79 | 120.83 | ||||||||||
PBT | -3.97 | 15.10 | 115.73 | 206.98 | 202.74 | 179.72 | 151.71 | 783.07 | 449.10 | 466.99 | ||||||||||
Taxes & Other Items | -4.60 | 10.14 | 46.30 | 80.29 | 53.86 | 50.73 | 27.01 | 60.31 | 154.01 | 169.18 | ||||||||||
Net Income | 0.63 | 4.96 | 69.43 | 126.69 | 148.88 | 128.99 | 124.70 | 722.76 | 295.09 | 297.81 | ||||||||||
EPS | 0.04 | 0.31 | 4.71 | 8.57 | 10.04 | 8.68 | 8.35 | 48.22 | 20.60 | 21.82 | ||||||||||
DPS | 0.00 | 0.75 | 1.50 | 2.00 | 2.00 | 1.50 | 1.50 | 1.00 | 3.00 | 3.00 | ||||||||||
Payout ratio | 0.00 | 2.43 | 0.32 | 0.23 | 0.20 | 0.17 | 0.18 | 0.02 | 0.15 | 0.14 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Welspun Enterprises Ltd | 25.68 | 3.04 | 0.54% |
Larsen and Toubro Ltd | 39.91 | 5.08 | 0.90% |
GMR Airports Ltd | -158.38 | -104.06 | — |
IRB Infrastructure Developers Ltd | 56.26 | 2.48 | 0.53% |
Price Comparison
Compare WELENT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Welspun Enterprises Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0988% | Percentage of the fund’s portfolio invested in the stock 0.42% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/309 (0) |
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0590% | Percentage of the fund’s portfolio invested in the stock 0.02% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/98 (+1) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0005% | Percentage of the fund’s portfolio invested in the stock 0.02% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 672/801 (-4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.54%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.41 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 5, 2024
Dividend/Share
₹3.00
Ex DateEx Date
Jul 5, 2024
Cash Dividend
Ex DateEx DateJun 30, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Jun 30, 2023
Cash Dividend
Ex DateEx DateJan 11, 2023
Dividend/Share
₹7.50
Ex DateEx Date
Jan 11, 2023
Cash Dividend
Ex DateEx DateJun 30, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Jun 30, 2022
Cash Dividend
Ex DateEx DateAug 18, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Aug 18, 2021
Net profit of Welspun Enterprises declined 5.67% to Rs 58.51 crore in the quarter ended September 2024 as against Rs 62.03 crore during the previous quarter ended September 2023. Sales rose 22.11% to Rs 788.51 crore in the quarter ended September 2024 as against Rs 645.73 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales788.51645.73 22 OPM %12.7312.78 - PBDT115.51102.80 12 PBT101.5296.94 5 NP58.5162.03 -6 Powered by Capital Market - Live
Welspun Enterprises will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
The key scope of the contract includes the design and construction of an 8.48 km tunnel with a 3,500 mm bored diameter. The total contract value is estimated to be Rs 1,989.90 crore and to be executed within a period of 93 months using a tunnel boring machine. Welspun Specialty Solutions is primarily engaged in the business of manufacture and distribution of steel and steel products and revenue from such products is derived from transfer at a point in time which is shown under sale of products. The company reported standalone net profit of Rs 40.03 crore in Q4 FY24, steeply higer than Rs 8.06 crore recorded in Q4 FY23. Revenue from operations increased 9.8% YoY to Rs 151.27 crore in Q4 FY24.Powered by Capital Market - Live
Welspun Enterprises announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live
The Board of Welspun Enterprises at its meeting held on 05 September 2024 has approved enabling resolution to raise funds through issuance of securities up to an aggregate amount of Rs 1,000 crore. Powered by Capital Market - Live
Welspun Enterprises will hold a meeting of the Board of Directors of the Company on 5 September 2024.Powered by Capital Market - Live
The domestic equity benchmarks traded in a narrow range with moderate gains in early afternoon trade. The Nifty hovered above the 24,800 level. Bank shares advanced after declining in the past trading session. Trading could be volatile due to weekly F&O series expiry today. At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 216.16 points or 0.27% to 81,124.04. The Nifty 50 index added 62.60 points or 0.25% to 24,832.80. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.54% and the S&P BSE Small-Cap index gained 0.61%. The market breadth was strong. On the BSE, 2,531 shares rose and 1,301 shares fell. A total of 120 shares were unchanged. Economy: The latest HSBC 'flash' PMI survey, compiled by S&P Global, also highlighted a sharp upturn in new business intakes, solid job creation and upbeat expectations towards growth prospects. On the price front, there were softer increases in both input costs and selling prices. The headline HSBC Flash India Composite Output Index ' a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors ' stood at 60.5 in August, little changed from 60.7 in July and pointing to a sharp rate of expansion that was above its long-run trend level (54.6). There was a softer increase in manufacturing industry output and a fractionally stronger rise in activity across the service economy. Yet, the former led the upturn. The HSBC Flash India Manufacturing PMI ' a single-figure snapshot of factory business conditions calculated from measures of new orders, output, employment, supplier delivery times and stocks of purchases ' slipped from 58.1 in July to a three-month low of 57.9 in August. The latest reading was nevertheless above the historical average (54.0) and signaled a strong improvement in the health of the sector. Goods producers reported the first decline in outstanding business volumes in just under a year, while service providers indicated a thirty-second consecutive monthly rise. The pace of accumulation was mild among the latter, and the weakest since February. The HSBC Flash India Services PMI rose to 60.4 in August from 60.3 in July. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 3.33% to 12.89. The Nifty 29 August 2024 futures were trading at 24,852.30, at a premium of 19.50 points as compared with the spot at 24,832.80. The Nifty option chain for the 29 August 2024 expiry showed maximum Call OI of 49.6 lakh contracts at the 25,000 strike price. Maximum Put OI of 69.4 lakh contracts were seen at 24,000 strike price. Buzzing Index: The Nifty Bank index rose 0.60% to 50,988.75. The index shed 0.23% in the past trading session. IDFC First Bank (up 2.62%), Bandhan Bank (up 1.61%), AU Small Finance Bank (up 1.39%), Punjab National Bank (up 1.22%), ICICI Bank (up 0.89%), Bank of Baroda (up 0.87%), State Bank of India (up 0.77%), IndusInd Bank (up 0.7%), HDFC Bank (up 0.49%) and Axis Bank (up 0.02%) advanced. Stocks in Spotlight : Aarti Drugs jumped 6.38% after the company announced that its board will meet on Monday, 26 August 2024, to consider a proposal for buyback of fully paid-up equity shares of the company. Welspun Enterprises rose 1.09% after the company said that its material subsidiary, Welspun Michigan Engineers (WMEL) received letter of acceptance (LOA) from the Brihanmumbai Municipal Corporation (BMC), aggregating to Rs 159.75 crore. GMR Airports Infrastructure rose 0.58% informed that it has received a letter of award (LOA) from Delhi International Airport (DIAL) to develop, operate, manage and maintain the duty-free outlets at IGI Airport, New Delhi (Delhi Duty Free).Powered by Capital Market - Live
The said LOA pertains to rehabilitation of man-entry sewers by trenchless technology, lines '17km (dia 1000mm to 1800mm), in the suburbs of Mumbai city. This project is to be executed within a period of 24 months (excluding monsoon) from the date of notice of commencement. Sandeep Garg, managing director of Welspun Enterprises said, 'This order for the rehabilitation of sewers lines using trenchless technology marks our material subsidiary's biggest independent project under the rehabilitation segment. By revitalizing existing infrastructure, we are minimizing the societal cost, disruption and impact associated with conventional construction methods. Our initiative contributes to a more sustainable environment, ensuring infrastructure longevity and reusability for the next 50 years. This achievement marks a significant milestone in the continued growth and success of WMEL, and we are committed to the responsible and successful execution of this project.' Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water retaining structures. The company's consolidated net profit increased 6.8% to Rs 98.02 crore in Q1 FY25 as compared to Rs 91.77 crore posted in Q1 FY25. Revenue from operations jumped 29.8% YoY to Rs 907.25 crore in Q1 FY25. Powered by Capital Market - Live
Welspun Enterprises announced that the 30th Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.26%, vs industry avg of 8.79%
Increasing Market Share
Over the last 5 years, market share increased from 0.6% to 0.64%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 18.42%, vs industry avg of 27.95%