Welspun Enterprises Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 12, 2026, 4:24 am

Market Cap	6,654 Cr.
Current Price	481
Intrinsic Value	₹497.85
High / Low	581/400
Stock P/E	19.8
Book Value	194
Dividend Yield	0.62 %
ROCE	18.2 %
ROE	13.3 %
Face Value	10.0
PEG Ratio	0.94

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Welspun Enterprises Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Welspun Enterprises Ltd	6,654 Cr.	481	581/400	19.8	194	0.62 %	18.2 %	13.3 %	10.0
Man Infraconstruction Ltd	3,976 Cr.	98.5	192/93.9	16.9	54.2	0.91 %	23.5 %	17.5 %	2.00
NCC Ltd	9,356 Cr.	149	242/135	12.5	120	1.48 %	21.7 %	11.4 %	2.00
AGI Infra Ltd	3,888 Cr.	311	321/137	46.3	27.6	0.03 %	22.0 %	25.7 %	1.00
HG Infra Engineering Ltd	3,390 Cr.	520	1,275/471	8.88	474	0.38 %	16.8 %	18.3 %	10.0
Industry Average	3,484.95 Cr	159.60		37.53	125.44	0.18%	16.37%	21.40%	21.58

All Competitor Stocks of Welspun Enterprises Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	692	845	699	646	707	821	930	815	896	1,054	845	784	787
Expenses	624	750	594	563	581	710	767	688	739	871	664	612	633
Operating Profit	68	95	105	83	126	111	163	127	157	183	181	172	154
OPM %	10%	11%	15%	13%	18%	14%	18%	16%	18%	17%	21%	22%	20%
Other Income	381	117	51	44	29	38	23	11	17	17	13	22	-32
Interest	31	37	27	27	28	28	30	34	50	44	42	53	52
Depreciation	3	4	3	6	9	9	9	14	14	15	11	13	13
Profit before tax	416	172	126	94	118	112	148	90	111	142	141	128	58
Tax %	3%	17%	26%	26%	32%	31%	26%	32%	30%	26%	28%	23%	47%
Net Profit	402	142	93	69	80	78	110	62	77	105	101	98	31
EPS in Rs	26.72	9.43	6.63	4.48	5.17	5.04	7.08	4.23	5.16	6.83	6.56	6.53	1.74

Last Updated: March 3, 2026, 1:46 pm

Below is a detailed analysis of the quarterly data for Welspun Enterprises Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 787.00 Cr.. The value appears strong and on an upward trend. It has increased from 784.00 Cr. (Sep 2025) to 787.00 Cr., marking an increase of 3.00 Cr..
For Expenses, as of Dec 2025, the value is 633.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 612.00 Cr. (Sep 2025) to 633.00 Cr., marking an increase of 21.00 Cr..
For Operating Profit, as of Dec 2025, the value is 154.00 Cr.. The value appears to be declining and may need further review. It has decreased from 172.00 Cr. (Sep 2025) to 154.00 Cr., marking a decrease of 18.00 Cr..
For OPM %, as of Dec 2025, the value is 20.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Sep 2025) to 20.00%, marking a decrease of 2.00%.
For Other Income, as of Dec 2025, the value is -32.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Sep 2025) to -32.00 Cr., marking a decrease of 54.00 Cr..
For Interest, as of Dec 2025, the value is 52.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 53.00 Cr. (Sep 2025) to 52.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 13.00 Cr..
For Profit before tax, as of Dec 2025, the value is 58.00 Cr.. The value appears to be declining and may need further review. It has decreased from 128.00 Cr. (Sep 2025) to 58.00 Cr., marking a decrease of 70.00 Cr..
For Tax %, as of Dec 2025, the value is 47.00%. The value appears to be increasing, which may not be favorable. It has increased from 23.00% (Sep 2025) to 47.00%, marking an increase of 24.00%.
For Net Profit, as of Dec 2025, the value is 31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 98.00 Cr. (Sep 2025) to 31.00 Cr., marking a decrease of 67.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 1.74. The value appears to be declining and may need further review. It has decreased from 6.53 (Sep 2025) to 1.74, marking a decrease of 4.79.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 11:42 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	243	826	189	305	1,067	1,787	1,808	1,530	1,342	2,758	2,874	3,584	3,470
Expenses	234	826	236	337	990	1,608	1,617	1,365	1,195	2,511	2,447	3,064	2,779
Operating Profit	10	-1	-47	-32	77	179	191	164	147	247	427	520	691
OPM %	4%	-0%	-25%	-10%	7%	10%	11%	11%	11%	9%	15%	15%	20%
Other Income	-2	238	83	78	95	93	112	142	103	668	160	179	20
Interest	40	138	13	10	33	54	77	110	83	119	110	158	189
Depreciation	35	88	27	21	24	11	23	16	16	13	28	51	52
Profit before tax	-68	11	-4	15	116	207	203	180	152	783	449	490	469
Tax %	-10%	94%	-116%	67%	40%	39%	25%	28%	17%	7%	29%	28%
Net Profit	-61	1	1	5	69	127	151	130	126	726	319	354	335
EPS in Rs	-15.25	0.17	0.04	0.34	4.71	8.56	10.03	8.66	8.33	48.19	21.32	23.30	21.66
Dividend Payout %	0%	0%	0%	223%	32%	23%	20%	17%	18%	18%	14%	13%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	101.64%	0.00%	400.00%	1280.00%	84.06%	18.90%	-13.91%	-3.08%	476.19%	-56.06%	10.97%
Change in YoY Net Profit Growth (%)	0.00%	-101.64%	400.00%	880.00%	-1195.94%	-65.16%	-32.80%	10.83%	479.27%	-532.25%	67.03%

Welspun Enterprises Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	16%
5 Years:	15%
3 Years:	39%
TTM:	15%

Compounded Profit Growth
10 Years:	15%
5 Years:	17%
3 Years:	38%
TTM:	4%

Stock Price CAGR
10 Years:	24%
5 Years:	49%
3 Years:	58%
1 Year:	-16%

Return on Equity
10 Years:	9%
5 Years:	11%
3 Years:	13%
Last Year:	13%

Last Updated: September 5, 2025, 1:56 pm

Balance Sheet

Last Updated: December 10, 2025, 3:39 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	40	173	174	147	148	148	148	149	150	150	137	137	137
Reserves	419	1,342	1,247	1,111	1,191	1,306	1,431	1,536	1,641	2,206	2,187	2,403	2,545
Borrowings	325	447	94	150	460	592	812	2,237	2,526	764	762	1,499	1,941
Other Liabilities	78	155	101	212	401	844	725	861	1,571	1,981	1,847	1,992	1,765
Total Liabilities	861	2,118	1,616	1,621	2,199	2,890	3,116	4,783	5,888	5,100	4,932	6,031	6,387
Fixed Assets	535	501	169	110	27	80	107	103	1,871	70	289	303	299
CWIP	26	215	64	64	64	120	64	1,403	64	7	7	9	7
Investments	91	954	1,110	801	1,118	933	948	804	812	1,558	765	763	1,090
Other Assets	210	447	273	645	990	1,756	1,998	2,473	3,141	3,466	3,871	4,956	4,992
Total Assets	861	2,118	1,616	1,621	2,199	2,890	3,116	4,783	5,888	5,100	4,932	6,031	6,387

Below is a detailed analysis of the balance sheet data for Welspun Enterprises Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 137.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 137.00 Cr..
For Reserves, as of Sep 2025, the value is 2,545.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,403.00 Cr. (Mar 2025) to 2,545.00 Cr., marking an increase of 142.00 Cr..
For Borrowings, as of Sep 2025, the value is 1,941.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1,499.00 Cr. (Mar 2025) to 1,941.00 Cr., marking an increase of 442.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 1,765.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,992.00 Cr. (Mar 2025) to 1,765.00 Cr., marking a decrease of 227.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 6,387.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,031.00 Cr. (Mar 2025) to 6,387.00 Cr., marking an increase of 356.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 299.00 Cr.. The value appears to be declining and may need further review. It has decreased from 303.00 Cr. (Mar 2025) to 299.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Sep 2025, the value is 7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9.00 Cr. (Mar 2025) to 7.00 Cr., marking a decrease of 2.00 Cr..
For Investments, as of Sep 2025, the value is 1,090.00 Cr.. The value appears strong and on an upward trend. It has increased from 763.00 Cr. (Mar 2025) to 1,090.00 Cr., marking an increase of 327.00 Cr..
For Other Assets, as of Sep 2025, the value is 4,992.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,956.00 Cr. (Mar 2025) to 4,992.00 Cr., marking an increase of 36.00 Cr..
For Total Assets, as of Sep 2025, the value is 6,387.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,031.00 Cr. (Mar 2025) to 6,387.00 Cr., marking an increase of 356.00 Cr..

Notably, the Reserves (2,545.00 Cr.) exceed the Borrowings (1,941.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-11	-10	-17	-24	-287	-116	-58	9	287	345	-344	-273
Cash from Investing Activity +	88	691	161	327	-250	-139	-50	-918	-487	1,197	-57	-17
Cash from Financing Activity +	-56	-102	-36	-122	268	53	106	753	125	-204	-486	536
Net Cash Flow	21	580	108	181	-270	-202	-2	-156	-75	1,338	-888	246

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-315.00	-448.00	-141.00	-182.00	-383.00	-413.00	-621.00	162.00	145.00	-517.00	-335.00	519.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	70	15	72	23	12	57	38	32	37	43	58	26
Inventory Days	24	2	10	16						81	121	94
Days Payable	225	12	78	344						451	516	487
Cash Conversion Cycle	-131	5	4	-306	12	57	38	32	37	-327	-337	-368
Working Capital Days	5	-21	130	-122	4	4	-29	-13	-80	-38	54	39
ROCE %	-0%	-1%	1%	3%	11%	13%	12%	9%	5%	10%	18%	18%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	53.76%	54.53%	54.51%	54.51%	54.51%	54.51%	54.51%	54.80%	55.31%	55.31%	55.48%	56.13%
FIIs	3.04%	3.73%	4.47%	4.57%	4.55%	4.69%	4.71%	4.58%	4.16%	4.17%	3.98%	3.76%
DIIs	2.05%	2.54%	2.25%	2.00%	1.93%	1.77%	5.02%	6.31%	9.43%	9.45%	9.46%	9.25%
Public	41.16%	39.20%	37.32%	37.48%	37.62%	37.63%	34.37%	33.07%	29.87%	29.84%	29.86%	29.68%
Others	0.00%	0.00%	1.44%	1.44%	1.37%	1.37%	1.37%	1.23%	1.23%	1.23%	1.23%	1.16%
No. of Shareholders	60,107	51,967	53,284	58,035	58,167	63,961	65,441	63,886	57,369	58,625	55,813	53,447

Shareholding Pattern Chart

No. of Shareholders

Welspun Enterprises Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	6,712,318	1.16	316.52	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.61	21.51	48.19	8.37	8.67
Diluted EPS (Rs.)	23.30	21.25	48.08	8.33	8.60
Cash EPS (Rs.)	29.76	25.46	49.34	9.44	10.31
Book Value[Excl.RevalReserv]/Share (Rs.)	185.81	182.42	157.49	119.76	113.24
Book Value[Incl.RevalReserv]/Share (Rs.)	185.81	182.42	157.49	119.76	113.24
Revenue From Operations / Share (Rs.)	262.17	210.41	183.90	93.56	102.75
PBDIT / Share (Rs.)	53.41	45.16	26.08	21.54	21.05
PBIT / Share (Rs.)	49.69	43.14	25.20	20.47	19.98
PBT / Share (Rs.)	38.19	35.10	49.49	11.13	12.56
Net Profit / Share (Rs.)	26.04	23.44	48.46	8.37	9.23
NP After MI And SOA / Share (Rs.)	23.59	21.62	48.19	8.32	8.66
PBDIT Margin (%)	20.37	21.46	14.17	23.01	20.49
PBIT Margin (%)	18.95	20.50	13.70	21.88	19.44
PBT Margin (%)	14.56	16.68	26.90	11.89	12.22
Net Profit Margin (%)	9.93	11.14	26.35	8.94	8.98
NP After MI And SOA Margin (%)	8.99	10.27	26.20	8.89	8.43
Return on Networth / Equity (%)	12.69	12.70	30.67	6.96	7.65
Return on Capital Employeed (%)	16.55	17.50	12.32	7.05	7.87
Return On Assets (%)	5.32	5.96	14.15	2.11	2.69
Long Term Debt / Equity (X)	0.49	0.24	0.12	1.29	1.21
Total Debt / Equity (X)	0.58	0.32	0.31	1.40	1.27
Asset Turnover Ratio (%)	0.65	0.57	0.50	0.31	0.44
Current Ratio (X)	1.86	2.03	1.90	1.06	1.31
Quick Ratio (X)	1.78	1.93	1.86	1.03	1.31
Inventory Turnover Ratio (X)	22.45	3.87	5.80	2.41	2.17
Dividend Payout Ratio (NP) (%)	12.69	4.62	18.67	17.91	23.05
Dividend Payout Ratio (CP) (%)	10.96	4.22	18.34	15.88	20.51
Earning Retention Ratio (%)	87.31	95.38	81.33	82.09	76.95
Cash Earning Retention Ratio (%)	89.04	95.78	81.66	84.12	79.49
Interest Coverage Ratio (X)	4.62	5.61	3.29	2.30	2.84
Interest Coverage Ratio (Post Tax) (X)	3.44	4.18	2.70	1.90	2.24
Enterprise Value (Cr.)	7626.70	4598.04	2102.48	3333.12	3553.63
EV / Net Operating Revenue (X)	2.13	1.60	0.76	2.38	2.32
EV / EBITDA (X)	10.44	7.46	5.38	10.33	11.34
MarketCap / Net Operating Revenue (X)	1.84	1.45	0.68	0.77	1.06
Retention Ratios (%)	87.30	95.37	81.32	82.08	76.94
Price / BV (X)	2.60	1.79	0.79	0.61	0.96
Price / Net Operating Revenue (X)	1.84	1.45	0.68	0.77	1.06
EarningsYield	0.04	0.07	0.38	0.11	0.07

After reviewing the key financial ratios for Welspun Enterprises Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 23.61. This value is within the healthy range. It has increased from 21.51 (Mar 24) to 23.61, marking an increase of 2.10.
For Diluted EPS (Rs.), as of Mar 25, the value is 23.30. This value is within the healthy range. It has increased from 21.25 (Mar 24) to 23.30, marking an increase of 2.05.
For Cash EPS (Rs.), as of Mar 25, the value is 29.76. This value is within the healthy range. It has increased from 25.46 (Mar 24) to 29.76, marking an increase of 4.30.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.81. It has increased from 182.42 (Mar 24) to 185.81, marking an increase of 3.39.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.81. It has increased from 182.42 (Mar 24) to 185.81, marking an increase of 3.39.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 262.17. It has increased from 210.41 (Mar 24) to 262.17, marking an increase of 51.76.
For PBDIT / Share (Rs.), as of Mar 25, the value is 53.41. This value is within the healthy range. It has increased from 45.16 (Mar 24) to 53.41, marking an increase of 8.25.
For PBIT / Share (Rs.), as of Mar 25, the value is 49.69. This value is within the healthy range. It has increased from 43.14 (Mar 24) to 49.69, marking an increase of 6.55.
For PBT / Share (Rs.), as of Mar 25, the value is 38.19. This value is within the healthy range. It has increased from 35.10 (Mar 24) to 38.19, marking an increase of 3.09.
For Net Profit / Share (Rs.), as of Mar 25, the value is 26.04. This value is within the healthy range. It has increased from 23.44 (Mar 24) to 26.04, marking an increase of 2.60.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 23.59. This value is within the healthy range. It has increased from 21.62 (Mar 24) to 23.59, marking an increase of 1.97.
For PBDIT Margin (%), as of Mar 25, the value is 20.37. This value is within the healthy range. It has decreased from 21.46 (Mar 24) to 20.37, marking a decrease of 1.09.
For PBIT Margin (%), as of Mar 25, the value is 18.95. This value is within the healthy range. It has decreased from 20.50 (Mar 24) to 18.95, marking a decrease of 1.55.
For PBT Margin (%), as of Mar 25, the value is 14.56. This value is within the healthy range. It has decreased from 16.68 (Mar 24) to 14.56, marking a decrease of 2.12.
For Net Profit Margin (%), as of Mar 25, the value is 9.93. This value is within the healthy range. It has decreased from 11.14 (Mar 24) to 9.93, marking a decrease of 1.21.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.99. This value is within the healthy range. It has decreased from 10.27 (Mar 24) to 8.99, marking a decrease of 1.28.
For Return on Networth / Equity (%), as of Mar 25, the value is 12.69. This value is below the healthy minimum of 15. It has decreased from 12.70 (Mar 24) to 12.69, marking a decrease of 0.01.
For Return on Capital Employeed (%), as of Mar 25, the value is 16.55. This value is within the healthy range. It has decreased from 17.50 (Mar 24) to 16.55, marking a decrease of 0.95.
For Return On Assets (%), as of Mar 25, the value is 5.32. This value is within the healthy range. It has decreased from 5.96 (Mar 24) to 5.32, marking a decrease of 0.64.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.49. This value is within the healthy range. It has increased from 0.24 (Mar 24) to 0.49, marking an increase of 0.25.
For Total Debt / Equity (X), as of Mar 25, the value is 0.58. This value is within the healthy range. It has increased from 0.32 (Mar 24) to 0.58, marking an increase of 0.26.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.65. It has increased from 0.57 (Mar 24) to 0.65, marking an increase of 0.08.
For Current Ratio (X), as of Mar 25, the value is 1.86. This value is within the healthy range. It has decreased from 2.03 (Mar 24) to 1.86, marking a decrease of 0.17.
For Quick Ratio (X), as of Mar 25, the value is 1.78. This value is within the healthy range. It has decreased from 1.93 (Mar 24) to 1.78, marking a decrease of 0.15.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 22.45. This value exceeds the healthy maximum of 8. It has increased from 3.87 (Mar 24) to 22.45, marking an increase of 18.58.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 12.69. This value is below the healthy minimum of 20. It has increased from 4.62 (Mar 24) to 12.69, marking an increase of 8.07.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 10.96. This value is below the healthy minimum of 20. It has increased from 4.22 (Mar 24) to 10.96, marking an increase of 6.74.
For Earning Retention Ratio (%), as of Mar 25, the value is 87.31. This value exceeds the healthy maximum of 70. It has decreased from 95.38 (Mar 24) to 87.31, marking a decrease of 8.07.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 89.04. This value exceeds the healthy maximum of 70. It has decreased from 95.78 (Mar 24) to 89.04, marking a decrease of 6.74.
For Interest Coverage Ratio (X), as of Mar 25, the value is 4.62. This value is within the healthy range. It has decreased from 5.61 (Mar 24) to 4.62, marking a decrease of 0.99.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.44. This value is within the healthy range. It has decreased from 4.18 (Mar 24) to 3.44, marking a decrease of 0.74.
For Enterprise Value (Cr.), as of Mar 25, the value is 7,626.70. It has increased from 4,598.04 (Mar 24) to 7,626.70, marking an increase of 3,028.66.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.13. This value is within the healthy range. It has increased from 1.60 (Mar 24) to 2.13, marking an increase of 0.53.
For EV / EBITDA (X), as of Mar 25, the value is 10.44. This value is within the healthy range. It has increased from 7.46 (Mar 24) to 10.44, marking an increase of 2.98.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.84. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.84, marking an increase of 0.39.
For Retention Ratios (%), as of Mar 25, the value is 87.30. This value exceeds the healthy maximum of 70. It has decreased from 95.37 (Mar 24) to 87.30, marking a decrease of 8.07.
For Price / BV (X), as of Mar 25, the value is 2.60. This value is within the healthy range. It has increased from 1.79 (Mar 24) to 2.60, marking an increase of 0.81.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.84. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.84, marking an increase of 0.39.
For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 24) to 0.04, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Welspun Enterprises Ltd as of March 12, 2026 is: ₹411.24

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2026, Welspun Enterprises Ltd is Overvalued by 14.50% compared to the current share price ₹481.00

Intrinsic Value of Welspun Enterprises Ltd as of March 12, 2026 is: ₹497.85

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2026, Welspun Enterprises Ltd is Undervalued by 3.50% compared to the current share price ₹481.00

Last 5 Year EPS CAGR: 21.06%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -5.58, which is a positive sign. The stock has a low average Cash Conversion Cycle of -107.00, which is a positive sign. The company has higher reserves (1,581.92 cr) compared to borrowings (969.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (121.38 cr) and profit (231.00 cr) over the years.	The stock has a low average ROCE of 8.25%, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Welspun Enterprises Ltd:
1. Net Profit Margin: 9.93%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 16.55% (Industry Average ROCE: 16.37%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.69% (Industry Average ROE: 21.4%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.44
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.78
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 19.8 (Industry average Stock P/E: 37.53)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.58
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Welspun Enterprises Ltd. is a Public Limited Listed company incorporated on 20/12/1994 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L45201GJ1994PLC023920 and registration number is 023920. Currently Company is involved in the business activities of Construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels and subways. Company's Total Operating Revenue is Rs. 2827.39 Cr. and Equity Capital is Rs. 136.71 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Welspun City, Village Versamedi, Kutch Dist. Gujarat 370110	Contact not found

Management
Name	Position Held
Mr. Balkrishan Goenka	Chairman & Executive Director
Mr. Sandeep Garg	Managing Director
Mr. Rajesh Mandawewala	Non Exe.Non Ind.Director
Mr. S Madhavan	Lead Independent Director
Dr. Aruna Sharma	Independent Director
Mr. Raghav Chandra	Independent Director
Dr. Anoop Kumar Mittal	Independent Director

FAQ

What is the intrinsic value of Welspun Enterprises Ltd?

Welspun Enterprises Ltd's intrinsic value (as of 12 March 2026) is ₹497.85 which is 3.50% higher the current market price of ₹481.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹6,654 Cr. market cap, FY2025-2026 high/low of ₹581/400, reserves of ₹2,545 Cr, and liabilities of ₹6,387 Cr.

What is the Market Cap of Welspun Enterprises Ltd?

The Market Cap of Welspun Enterprises Ltd is 6,654 Cr..

What is the current Stock Price of Welspun Enterprises Ltd as on 12 March 2026?

The current stock price of Welspun Enterprises Ltd as on 12 March 2026 is ₹481.

What is the High / Low of Welspun Enterprises Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Welspun Enterprises Ltd stocks is ₹581/400.

What is the Stock P/E of Welspun Enterprises Ltd?

The Stock P/E of Welspun Enterprises Ltd is 19.8.

What is the Book Value of Welspun Enterprises Ltd?

The Book Value of Welspun Enterprises Ltd is 194.

What is the Dividend Yield of Welspun Enterprises Ltd?

The Dividend Yield of Welspun Enterprises Ltd is 0.62 %.

What is the ROCE of Welspun Enterprises Ltd?

The ROCE of Welspun Enterprises Ltd is 18.2 %.

What is the ROE of Welspun Enterprises Ltd?

The ROE of Welspun Enterprises Ltd is 13.3 %.

What is the Face Value of Welspun Enterprises Ltd?

The Face Value of Welspun Enterprises Ltd is 10.0.