Welspun India Limited Share Price and Company Fundamentals



Price
₹81.05
Change
-0.900 (-1.098%)
52 week
62.2 - 160.0

Last traded: Yesterday at 9:59 AM

Welspun India Limited manufactures and sells home textile products in India, North America, the United Kingdom, Europe, and internationally. It offers solid, yarn-dyed, dobby, and jacquard towels and bath robes; bath rugs/mats, such as cotton, nylon, PET, and polyester filament-based Drylon and Resilon yarn rugs; and printed nylon and polyester bath mats. The company also provides utility bedding and bed sheet products comprising pillow fillers, mattress pads, and down-alternative filled comforters; and fashion bedding products for the bedroom. In addition, it offers flooring products, including carpet tiles, broadloom carpets and area rugs, and artificial grasses. The company offers its products under the owned and licensed brands, such as Spaces, Welspun, Welspun Flooring, Welspun Health, Spun, The Championships, Wimbledon, Despicable Me, Marvel, Disney, Christy, Living by, Kingsley, WelHome, Welspun Basics, Martha Stewart, ScottLiving, Stay Well, American Cotton, and Wimbledon. Further, it is involved in power generation; home textile product trading; and real estate business. The company was formerly known as Welspun Winilon Silk Mills Pvt. Ltd. and changed its name to Welspun India Limited in 1995. The company was founded in 1985 and is based in Mumbai, India. Welspun India Limited is a subsidiary of Welspun Group Master Trust.

Key Metrics

PE ratio

36.74

PB ratio

-

Dividend yield

0.00%

Beta

0.59

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Textile Manufacturing / Consumer Cyclical
Full time employees 26000
Website https://www.welspunindia.com
Mailing address Welspun House 6th Floor, Kamala Mills Compound Senapati Bapat Marg Lower Parel (West) Mumbai 400013 India
Phone / Fax 91 22 6613 6000 / 91 22 2490 8020

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

6.85%

5Y Avg. yield

1.06%

Welspun India Limited paid ₹0.00 dividend and the ex-dividend date was 23 June 2022.The dividend payout ratio is 6.85%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.WELSPUNIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

WELSPUNIND's forward dividend amount is ₹0.15 and the forward dividend yield is 0.18%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Welspun India Limited.

Name Title Age Total Pay
Ms. Dipali Balkrishan Goenka CEO, Joint MD & Exec. Director 52 37.51M
Mr. Rajendra Kumar Mehta Pres & CHRO 51
Mr. Sanjay Gupta Chief Financial Officer 52
Mr. Altaf Jiwani Chief Operating Officer 54
Mr. Rajesh Ramesh Kumar Mandawewala MD & Exec. Director 59 17M
Mr. Chintan Thaker Sr. VP of Corp. Affairs & Strategic Planning Cell 44
Sanjay Kanungo Pres of Vapi Operations 52
Puesh Ajmani Sr. VP of IT 42
Madhumita Mitra Sr. VP 50
Ruchi Ahuja Sr. VP 42

Profitability and management effectiveness

Profit margin

2.48%

Operating margin

4.63%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Welspun India Limited is and its enterprise value is .

The WELSPUNIND's stocks Beta value is 0.59 making it 41% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Welspun India Limited (NSE:WELSPUNIND) Frequently Asked Questions

1. What is Welspun India Limited's Stock Symbol?

Welspun India Limited trades on NSE under the ticker symbol "WELSPUNIND".

2. What is Welspun India Limited's stock price today?

One share of WELSPUNIND stock can currently be purchased for approximately ₹81.05.

3. How can I contact Welspun India Limited?

Welspun India Limited's mailing address is Welspun House 6th Floor, Kamala Mills Compound Senapati Bapat Marg Lower Parel (West) Mumbai 400013 India. The company can be reached via phone at 91 22 6613 6000.

4. What is Welspun India Limited's official website?

The official website of Welspun India Limited is https://www.welspunindia.com.