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Welspun Enterprises Ltd

WELENT

Welspun Enterprises Ltd

WELENT
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,576 cr, stock is ranked 650
High RiskStock is 3.30x as volatile as Nifty
568.250.13% (-0.75)
568.250.13% (-0.75)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,576 cr, stock is ranked 650
High RiskStock is 3.30x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,576 cr, stock is ranked 650
High RiskStock is 3.30x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.443.040.54%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.597.170.53%

Forecast & Ratings

Detailed Forecast 
0%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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

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Nov 12, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.26%, vs industry avg of 8.79%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.6% to 0.64%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 18.42%, vs industry avg of 27.95%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue295.44431.781,196.611,879.951,919.431,671.521,445.653,526.753,063.313,418.57
Raw Materialssubtract107.2269.5914.1517.328.626.0563.71390.12470.892,789.65
Power & Fuel Costsubtract4.393.954.195.212.683.529.0814.0912.21
Employee Costsubtract29.0529.9151.6780.8487.1482.81109.67149.46172.87
Selling & Administrative Expensessubtract33.6631.6851.2246.7752.77115.9593.04186.00236.40
Operating & Other expensessubtract84.93250.48902.891,457.681,465.581,157.03919.611,872.151,584.49
Depreciation/Amortizationsubtract27.3420.9023.5911.4922.5415.9915.9313.1027.5641.10
Interest & Other Itemssubtract12.8210.1733.1753.6677.36110.4582.90118.76109.79120.83
Taxes & Other Itemssubtract-4.6010.1446.3080.2953.8650.7327.0160.31154.01169.18
EPS0.040.314.718.5710.048.688.3548.2220.6021.82
DPS0.000.751.502.002.001.501.501.003.003.00
Payout ratio0.002.430.320.230.200.170.180.020.150.14

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

May 19PDF
Mar 15PDF
Jan 31PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 2PDF
Aug 1PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 12PDF
Nov 12PDF
Oct 29PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Welspun Enterprises Ltd25.683.040.54%
Larsen and Toubro Ltd39.915.080.90%
GMR Airports Ltd-158.38-104.06—
IRB Infrastructure Developers Ltd56.262.480.53%

Price Comparison

Compare WELENT with any stock or ETF
Compare WELENT with any stock or ETF
WELENT
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.51%0.09%4.94%4.71%35.75%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep3.73%4.47%4.57%4.55%4.70%4.71%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.0988%0.42%-0.04%53/309 (0)
Quant Small Cap Fund - Growth - Direct Plan

Growth
0.0590%0.02%0.02%29/98 (+1)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0005%0.02%-0.00%672/801 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

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

Final
Final | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Jul 5, 2024

Cash Dividend

Ex DateEx DateJun 30, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Jun 30, 2023

Cash Dividend

Ex DateEx DateJan 11, 2023

Special
Special | Div/Share: ₹7.50

Dividend/Share

₹7.50

Ex DateEx Date

Jan 11, 2023

Cash Dividend

Ex DateEx DateJun 30, 2022

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Jun 30, 2022

Cash Dividend

Ex DateEx DateAug 18, 2021

Final
Final | Div/Share: ₹1.50

Dividend/Share

₹1.50

Ex DateEx Date

Aug 18, 2021

News & Opinions
Earnings
Welspun Enterprises consolidated net profit declines 5.67% in the September 2024 quarter

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

1 month agoCapital Market - Live
Corporate
Welspun Enterprises schedules board meeting

Welspun Enterprises will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Welspun Ent rises after emerging as L1 bidder for Rs 1,990-cr project

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

2 months agoCapital Market - Live
Corporate
Welspun Enterprises schedules AGM

Welspun Enterprises announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Board of Welspun Enterprises approves fund raising up to Rs 1,000 cr

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

3 months agoCapital Market - Live
Corporate
Welspun Enterprises to consider fund Raising

Welspun Enterprises will hold a meeting of the Board of Directors of the Company on 5 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Live Market Update
Barometers turn rangebound; bank shares in demand

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

3 months agoCapital Market - Live
Spotlight
Welspun Ent gains as arm bags order worth Rs 160 cr from BMC

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

3 months agoCapital Market - Live
Corporate
Welspun Enterprises schedules AGM

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

4 months agoCapital Market - Live
Welspun Enterprises: Steady Q1 Earnings Update, Healthy 30% YoY Growth In Revenue, EBITDA
4 months agoET NOW