Financials Welspun Living Limited

Equities

WELSPUNLIV

INE192B01031

Textiles & Leather Goods

Market Closed - Bombay S.E. 06:27:12 2024-05-09 am EDT 5-day change 1st Jan Change
139.2 INR -1.66% Intraday chart for Welspun Living Limited -7.14% -4.20%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 59,932 21,903 81,483 89,765 62,949 135,276 - -
Enterprise Value (EV) 1 59,932 51,521 81,483 112,054 62,949 133,795 161,176 154,276
P/E ratio 28.5 x 4.32 x 15.1 x 15 x 31.5 x 19.5 x 15.9 x 12.7 x
Yield 0.5% 4.59% 0.18% 0.17% 0.16% 0.07% 0.66% 0.76%
Capitalization / Revenue 0.92 x 0.32 x 1.11 x 0.96 x 0.78 x 1.38 x 1.25 x 1.1 x
EV / Revenue 0.92 x 0.76 x 1.11 x 1.2 x 0.78 x 1.38 x 1.49 x 1.25 x
EV / EBITDA 5.63 x 3.93 x 6.03 x 8.25 x 8.36 x 9.77 x 9.26 x 7.41 x
EV / FCF 32.5 x 19.9 x 16.2 x 197 x 13.1 x 52 x 117 x 14 x
FCF Yield 3.08% 5.03% 6.18% 0.51% 7.64% 1.92% 0.85% 7.16%
Price to Book 2.16 x 0.74 x 2.23 x 2.26 x 1.54 x 2.96 x 2.58 x 2.2 x
Nbr of stocks (in thousands) 1,004,725 1,004,725 1,004,725 988,058 988,058 971,808 - -
Reference price 2 59.65 21.80 81.10 90.85 63.71 141.6 141.6 141.6
Announcement Date 5/24/19 6/29/20 5/14/21 5/10/22 4/27/23 4/25/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 65,266 67,411 73,402 93,115 80,938 96,792 108,176 123,284
EBITDA 1 10,649 13,098 13,520 13,587 7,526 13,689 17,408 20,825
EBIT 1 6,291 - 8,984 9,382 3,104 9,744 12,487 15,439
Operating Margin 9.64% - 12.24% 10.08% 3.84% 10.07% 11.54% 12.52%
Earnings before Tax (EBT) 1 2,869 6,944 7,687 8,730 3,019 9,670 12,002 15,003
Net income 1 2,098 5,074 5,397 6,012 1,988 6,811 8,676 10,862
Net margin 3.21% 7.53% 7.35% 6.46% 2.46% 7.04% 8.02% 8.81%
EPS 2 2.090 5.050 5.370 6.060 2.020 7.060 8.900 11.16
Free Cash Flow 1 1,846 2,593 5,037 570 4,809 2,574 1,372 11,049
FCF margin 2.83% 3.85% 6.86% 0.61% 5.94% 2.66% 1.27% 8.96%
FCF Conversion (EBITDA) 17.34% 19.8% 37.26% 4.2% 63.9% 18.8% 7.88% 53.06%
FCF Conversion (Net income) 87.98% 51.11% 93.34% 9.48% 241.86% 37.79% 15.82% 101.73%
Dividend per Share 2 0.3000 1.000 0.1500 0.1500 0.1000 0.1000 0.9333 1.075
Announcement Date 5/24/19 6/29/20 5/14/21 5/10/22 4/27/23 4/25/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 20,290 21,357 22,145 24,876 24,182 22,271 19,572 21,135 18,692 21,539 21,840 23,496 22,275 24,724 24,705
EBITDA 1 3,980 3,203 4,471 4,100 3,107 2,265 1,518 1,285 1,937 2,784 3,104 - 3,230 3,597 3,860
EBIT - - - - - 1,150 - 190.1 795.3 - - - 2,002 2,512 2,756
Operating Margin - - - - - 5.16% - 0.9% 4.25% - - - 8.99% 10.16% 11.16%
Earnings before Tax (EBT) 1 - - - - - 1,089 - 138.1 785.4 - 2,160 - 2,150 - 2,782
Net income 1 - - - - - 521.9 - 86.7 423.8 1,254 1,616 - 1,673 1,970 2,031
Net margin - - - - - 2.34% - 0.41% 2.27% 5.82% 7.4% - 7.51% 7.97% 8.22%
EPS - - - - - 0.5300 - 0.0800 0.4300 - - - 1.480 1.995 2.000
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 1/27/21 5/14/21 7/28/21 10/27/21 2/3/22 5/10/22 7/27/22 11/8/22 1/30/23 4/27/23 7/31/23 - - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 29,618 - 22,289 - 25.2 25,900 19,000
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 2.261 x - 1.64 x - 0.001841 x 1.488 x 0.9123 x
Free Cash Flow 1 1,846 2,593 5,037 570 4,809 2,574 1,373 11,049
ROE (net income / shareholders' equity) 15.5% 16.5% 16.3% 15.8% 4.93% 15.8% 17% 18%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 27.70 29.60 36.30 40.20 41.40 46.50 54.80 64.40
Cash Flow per Share - - - - - - - -
Capex 1 7,397 5,179 4,498 5,297 2,751 2,754 7,787 4,669
Capex / Sales 11.33% 7.68% 6.13% 5.69% 3.4% 2.85% 7.2% 3.79%
Announcement Date 5/24/19 6/29/20 5/14/21 5/10/22 4/27/23 4/25/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
139.2 INR
Average target price
187 INR
Spread / Average Target
+34.34%
Consensus
  1. Stock Market
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  4. Financials Welspun Living Limited
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