Welspun Living Ltd

Welspun Living Limited will close its trading window for designated persons and their immediate relatives starting September 30, 2026, until 48 hours after the board meeting approving the unaudited financial results for the quarter and half year ended September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Welspun Living Ltd announced a revision in the credit rating of its material subsidiary, Welspun Global Brands Limited, as detailed in a filing to the BSE Limited and National Stock Exchange of India Limited. India Ratings and Research Private Limited (a Fitch Group company) has upgraded the rating on the Bank loan facilities amounting to INR 9,000 million from IND A1+ to IND AA+/Stable/IN D, with no change in the listing status and no enhancements, assignments, or withdrawals related to the instrument. The instrument type is a Debt Instrument, regulated by the Reserve Bank of India (RBI), and the rating action pertains specifically to the Bank loan facilities of INR 9,000 million.

Welspun Living Limited announced that the proposed acquisition of a 26% equity stake in Clean Max Dhyuthi Private Limited from Welspun Corp Limited for a consideration of Rs 760 lakhs will not proceed, effectively cancelling the transaction originally approved by the board on May 15, 2026.

Welspun Living Limited informed the Bombay Stock Exchange and National Stock Exchange of India that operations have partially resumed at its manufacturing unit located at Vapi, Gujarat, following a disruption reported on July 24, 2026, and the company is assessing the related impact while surveyors from the insurance company evaluate the facility.

Welspun Living Ltd share price ticked higher by 3.41% to Rs 165.15 after the company's net profit soared by 53.17% to Rs 162.61 crore, while revenue from operations edged up 14.78% to Rs 2795.45 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.65 lakh crore, easing 2.77%. It has slipped by 1.33% over last one week and rallied by 15.04% in last one month while the market capitalization of Welspun Living Ltd has inched up 3.67% and 17.21% in the same period respectively. Profit before tax (PBT) of Welspun Living Ltd stood at Rs 220.36 crore in Q2 FY26, expanding by 77.72% year-on-year, and rallying 76.01% quarter-on-quarter. EBITDA came in at Rs 288 crore, jumping 46.74% YoY and surging by 23.59% sequentially. Total expenses increased by 12.47% to Rs 2574.79 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1189.31 crore, growing marginally by 0.32% YoY, while employee benefits expense was at Rs 277.94 crore, ticking higher by 1.80% YoY. For the TTM ended FY26, revenue from operations grew marginally by 8.95% to Rs 10545.09 crore, while net profit softened by 4.27% to Rs 644.02 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 120098% to Rs 1146.35 crore, and PBT fell 11.04% to Rs 860.18 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 687.98 crore in FY26, as against Rs 532.84 crore in FY25. Welspun Living Ltd rallied 45.19% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.83% during the same period.

Welspun Living Limited will hold a board meeting on Thursday, August 13, 2026, to approve and record the unaudited financial results for the first quarter ended June 30, 2026, on a standalone and consolidated basis, according to a regulatory filing. The trading window for the company is currently closed and will reopen 48 hours after the results are made public, as previously announced on June 25, 2026.

Welspun Living announced that its subsidiary, Welspun USA Inc. has fully commenced commercial production at the pillow manufacturing unit at Nevada, USA with effect from 15 June 2026.

Welspun Living announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Net profit of Welspun Living declined 21.33% to Rs 103.70 crore in the quarter ended March 2026 as against Rs 131.82 crore during the previous quarter ended March 2025. Sales declined 7.95% to Rs 2435.43 crore in the quarter ended March 2026 as against Rs 2645.90 crore during the previous quarter ended March 2025. For the full year,net profit declined 68.01% to Rs 204.44 crore in the year ended March 2026 as against Rs 639.16 crore during the previous year ended March 2025. Sales declined 10.87% to Rs 9399.11 crore in the year ended March 2026 as against Rs 10545.09 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2435.432645.90 -8 9399.1110545.09 -11 OPM %10.2311.93 -8.4412.31 - PBDT228.27260.93 -13 700.531233.57 -43 PBT125.20168.09 -26 306.44860.18 -64 NP103.70131.82 -21 204.44639.16 -68 Powered by Capital Market - Live

Revenue from operations rose 7.65% quarter-on-quarter to Rs 2,435.43 crore during the period. However, on a year-on-year basis, consolidated net profit declined 21.33%, while revenue from operations fell 7.95% in Q4 FY26. EBITDA for the quarter stood at Rs 265 crore, down 16.7% from Rs 318 crore in the corresponding period last year. EBITDA margin contracted to 10.8% in Q4 FY26 from 12% in Q4 FY25. On the segmental front, the Home Textile business reported revenue of Rs 2,320 crore, down 5.4% YoY, while the Flooring business posted revenue of Rs 189 crore, down 3.5% YoY. Net debt stood at Rs 775 crore as of March 2026, compared with Rs 1,602 crore as of March 2025, reflecting a reduction of Rs 827 crore year-on-year. The 'Welspun' brand recorded strong 44% growth in Q4 FY26, supported by deeper household penetration, while innovation contributed around 22% of the company's business in FY26. The company incurred capital expenditure of Rs 472 crore during the year. B.K. Goenka, Chairman, Welspun Group, said: 'FY26 tested the entire home textiles industry ' US tariff disruptions, West Asia conflict, and cautious global demand created a challenging backdrop throughout the year. We navigated this with discipline and emerged meaningfully stronger. We exit the year with net debt reduced by over 50%, free cash flow grew 8.5x to ₹956 crores, and a domestic business that grew 29.2% in Q4. The sequential recovery in Q4, with revenues up 7.7% and margins at 10.8%, confirms the trough is firmly behind us. India's landmark FTAs with the US, EU, and UK are a generational shift for our sector ' and we are exceptionally well positioned to capture what comes next. Our #1 global ranking in the S&P Corporate Sustainability Assessment further strengthens our standing with the global retailers. We enter FY27 with confidence ' targeting double-digit growth, backed by structural tailwinds, a strong balance sheet, and a business that has proven its resilience. The board has recommended a dividend of Re 0.10 per equity share (10%) for FY26, subject to shareholder approval, with July 10, 2026 as the record date. The board also approved a buyback of up to 1.44 crore equity shares at Rs 175 per share, aggregating up to Rs 252 crore, representing up to 6.52% of paid-up equity capital and free reserves, with May 22, 2026 fixed as the record date. Separately, the company approved the acquisition of a 26% stake in CleanMax Dhyuthi for Rs 7.6 crore to enhance renewable energy supply for its Vapi facility in Gujarat. Welspun Living (WLL), part of $ 3.6 Bn Welspun Group, is a global leader in Home textiles. With a distribution network in more than 60 countries and world class manufacturing facilities in India, Welspun is strategic partners with top global retailers. WLL is driven by its differentiation strategy based on Branding, Innovation and Sustainability. Powered by Capital Market - Live