Welspun Key Ratios
NSE: WELCORP | BSE: 532144
₹2,373.80
As on 28-Aug-2026IST
Market cap
₹62,630 Cr
Revenue (TTM)
₹17,300 Cr
P/E Ratio
27.1
P/B Ratio
6.5
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -5.37 | 14.91 | 20.21 | 11.42 | 23.19 |
| EBIT | 38.22 | 28.97 | 36.81 | 59.30 | 29.46 |
| Net Profit | 182.56 | 198.64 | 43.64 | 84.45 | 28.83 |
| EPS | 182.56 | 197.98 | 14.31 | 83.93 | 24.99 |
| Book Value | -- | -- | 22.52 | 24.34 | 17.33 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 7.36 | 6.41 | 11.61 | 11.02 | 9.42 |
| Net Margin
| 8.71 | 7.54 | 8.05 | 9.57 | 13.43 |
| Return on equity
| 19.08 | 17.12 | 26.62 | 19.55 | 29.21 |
| Return on Capital
| 22.95 | 19.94 | -- | 23.94 | 32.45 |
| Return on Assets
| 9.28 | 7.57 | 7.88 | 8.94 | 13.81 |
| Debt to Equity (x)
| -- | -- | 0.17 | 0.24 | 0.12 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
23.94
|
32.45
|
22.06
|
7.96
|
|
Peer Median
|
--
|
12.70
|
14.07
|
--
|
--
|
ROE
26.62
Higher than Peers by 16.40
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
26.62
|
19.55
|
29.21
|
22.03
|
4.36
|
|
Peer Median
|
10.22
|
9.58
|
12.37
|
--
|
--
|
ROA
7.88
Higher than Peers by 2.77
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
7.88
|
8.94
|
13.81
|
8.29
|
1.61
|
|
Peer Median
|
5.11
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
11.61
Higher than Peers by 3.46
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
11.61
|
11.02
|
9.42
|
6.96
|
1.48
|
|
Peer Median
|
8.15
|
8.84
|
8.78
|
--
|
--
|
Net Margin
8.05
Higher than Peers by 2.61
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
8.05
|
9.57
|
13.43
|
6.46
|
1.97
|
|
Peer Median
|
5.44
|
6.18
|
6.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
11.75
|
16.08
|
8.54
|
5.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
20.21
Higher than Peers by 16.04
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
20.21
|
19.98
|
-19.39
|
77.69
|
50.01
|
|
Peer Median
|
4.17
|
12.22
|
3.51
|
--
|
--
|
EBIT Growth
36.81
Higher than Peers by 22.82
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
36.81
|
40.28
|
9.14
|
735.04
|
-30.27
|
|
Peer Median
|
13.98
|
32.20
|
2.75
|
--
|
--
|
Net Profit Growth
43.64
Higher than Peers by 23.12
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
43.64
|
-14.81
|
67.45
|
470.37
|
-55.16
|
|
Peer Median
|
20.52
|
29.90
|
-1.04
|
--
|
--
|
EPS Growth
14.31
Lower than Peers by 1.00
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
14.31
|
-15.93
|
71.40
|
436.98
|
-53.00
|
|
Peer Median
|
15.30
|
35.22
|
-1.70
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
23.21
|
32.72
|
18.59
|
6.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.17
Higher than Peers by 0.05
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
0.17
|
0.24
|
0.12
|
0.34
|
0.70
|
|
Peer Median
|
0.12
|
0.31
|
0.35
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
0.06
|
0.02
|
0.02
|
0.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.33
Lower than Peers by 0.05
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
1.33
|
1.32
|
1.32
|
1.51
|
1.18
|
|
Peer Median
|
1.38
|
1.49
|
1.48
|
--
|
--
|
Quick Ratio
0.77
Higher than Peers by 0.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
0.77
|
0.78
|
0.68
|
0.95
|
0.49
|
|
Peer Median
|
0.61
|
0.76
|
0.73
|
--
|
--
|
Interest Coverage
11.19
Higher than Peers by 6.76
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
11.19
|
11.12
|
8.08
|
5.64
|
2.37
|
|
Peer Median
|
4.43
|
3.59
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.94
Higher than Peers by 0.24
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
9.94
|
10.25
|
12.66
|
10.38
|
11.69
|
|
Peer Median
|
9.70
|
10.92
|
11.58
|
--
|
--
|
Asset Turnover
0.97
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
0.97
|
0.93
|
1.02
|
1.27
|
0.79
|
|
Peer Median
|
0.99
|
1.08
|
1.13
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
37.88
|
46.48
|
30.86
|
36.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
96.29
|
85.02
|
84.01
|
125.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
68.58
|
55.04
|
34.85
|
44.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
--
|
65.59
|
76.45
|
80.02
|
117.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
27.12
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
27.12
|
13.30
|
11.94
|
12.16
|
25.43
|
|
Peer Median
|
27.12
|
27.12
|
25.84
|
--
|
--
|
Price / Book Value
6.54
Higher than Peers by 4.21
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
6.54
|
2.35
|
3.07
|
2.41
|
1.11
|
|
Peer Median
|
2.33
|
2.58
|
2.59
|
--
|
--
|
Dividend Yield
0.21
Lower than Peers by 0.09
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
0.21
|
0.61
|
0.58
|
0.97
|
2.49
|
|
Peer Median
|
0.30
|
0.29
|
0.40
|
--
|
--
|
EV/EBITDA
24.08
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
24.08
|
8.71
|
12.09
|
7.95
|
9.16
|
|
Peer Median
|
--
|
19.82
|
16.36
|
--
|
--
|
Market Cap
62,630
Higher than Peers by 56,358
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Welspun
|
62,630
|
21,461
|
22,790
|
13,501
|
5,256
|
|
Peer Median
|
6,273
|
3,874
|
3,320
|
--
|
--
|