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Welspun Enterprises Ltd

(WELENT)

₹450.451.72%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Welspun Enterprises Ltd Analyst Rating

based on 1 analysts

HOLD

0.00%

Buy

100.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Welspun Enterprises Ltd. An average target of ₹553

Source: S&P Global Market Intelligence

Welspun Enterprises Ltd Share analysis

Welspun Enterprises Ltd price forecast by 1 analysts

Upside of20.65%

High

₹553

Target

₹553.00

Low

₹553

Welspun Enterprises Ltd target price ₹553, a slight upside of 20.65% compared to current price of ₹450.45. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Welspun Enterprises Ltd Performance

  • Day's Low

    Day's High

    ₹445.4
    ₹459.6
  • 52 Week's Low

    52 Week's High

    ₹281.55
    ₹619
1 Month Return-16.05 %
3 Month Return-19.21 %
1 Year Return+ 35.95 %
Previous Close₹458.35
Open₹457.75
Volume1.16L
Upper Circuit-
Lower Circuit-
Market Cap₹6,344.20Cr

Welspun Enterprises Ltd Key Statistics

P/E Ratio21.01
PEG Ratio-0.82
Market Cap₹6,344.20 Cr
P/B Ratio1.72
EPS23.4
Dividend Yield0.97
SectorInfrastructure Developers & Operators
ROE11.67

Welspun Enterprises Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹6,344.20 Cr95.24%0.57₹319 Cr₹2,872 Cr
NA₹194.81 Cr119%0.70₹1 Cr₹38 Cr
NA₹3,398.42 Cr17.43%0.68NANA
NA₹476.14 Cr20.29%0.75₹12 Cr₹241 Cr
NA₹58.39 Cr-8.74%0.77₹1 Cr₹59 Cr

About Welspun Enterprises Ltd

Welspun Enterprises Ltd, formerly Welspun Projects Ltd, is a leading civil construction contract company in India engaged in mass housing and multistoried buildings, industrial projects, petrochemicals, water retaining structures and roads. The company has subsidiaries like MSK Projects Himatnagar Bypass, Super Infrastructure Toll Bridge Pvt Ltd and MSK Projects Kim Mandvi Corridor Pvt Ltd. Welspun Projects came out with an Initial Public Offering (IPO) in October 2004 which was fully subscribed. Their shares are listed on BSE, NSE and VSE. During the year 2006-07, they started a new joint venture and secured orders worth Rs. 34.88 crore from Bharat Oman Refineries Ltd for construction of pipelines and substation. The company went in for an overseas capacity expansion in 2012 and also won a 125 MW solar bid and the Delhi-Meerut Expressway project in 2015. In the same year, they also changed their name from Welspun Energy Ltd to Welspun Enterprises Ltd.

Share Price: ₹450.45 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹6,344.20Cr as of today
Revenue: ₹788.51Cr as on September 2024 (Q3 24)
Net Profit: ₹61.56Cr as on September 2024 (Q3 24)
Listing date: 04 Nov, 2004
Chairperson Name: Balkrishan Goenka
OrganisationWelspun Enterprises Ltd
HeadquartersMumbai
IndustryInfrastructure Developers & Operators
E-voting on sharesClick here to vote

Key events for Welspun Enterprises Ltd

  • Welspun Enterprises Expects Profit Stabilization - 07 Nov, 2024

    Welspun Enterprises' net profit fell 11% year-on-year to Rs 62 crore in Q2, despite a 21% revenue increase to Rs 838 crore. The MD anticipates profit normalization in the next two quarters.

  • Welspun Enterprises Reports Q2 Results and Acquisitions - 30 Oct, 2024

    Welspun Enterprises reported an 11% decline in Q2FY25 net profit to Rs 61.56 crore, despite a rise in total income. The board approved acquiring an additional 9.99% stake in Welspun Michigan and secured a significant contract for tunnel construction worth Rs 1,989 crore.

  • Welspun Enterprises Reports Q2 Results Amid Stock Decline - 29 Oct, 2024

    Welspun Enterprises reported a net profit of ₹70 crore and revenue of ₹788.5 crore for Q2, but shares fell 4.6% post-announcement. The EBITDA margin slightly decreased, and a new CEO was appointed effective November 2024.

  • Welspun Enterprises Secures Major Tunnel Project - 09 Oct, 2024

    Welspun Enterprises has secured a ₹1,989 crore contract from BMC for a water conveyance tunnel, boosting investor confidence and increasing stock prices significantly.

Insights on Welspun Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.70% to 4.71% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.07% to 0.09% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 158.9% return, outperforming this stock by 123.0%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 34.38% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1140.0% return, outperforming this stock by 766.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.51% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, WELENT stock has moved down by -16.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 98.02 Cr → 58.51 Cr (in ₹), with an average decrease of 40.3% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 959.76 Cr → 837.92 Cr (in ₹), with an average decrease of 12.7% per quarter

Welspun Enterprises Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹645.73Cr (-)₹706.71Cr (↑9.44%)₹821.11Cr (↑16.19%)₹907.25Cr (↑10.49%)₹788.51Cr (↓13.09%)
Net Income₹69.01Cr (-)₹79.92Cr (↑15.81%)₹77.67Cr (↓2.82%)₹109.73Cr (↑41.28%)₹61.56Cr (↓43.90%)
Net Profit Margin10.69% (-)11.31% (↑5.80%)9.46% (↓16.36%)12.09% (↑27.80%)7.81% (↓35.40%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,186.75Cr (-)₹3,492.30Cr (↑9.59%)₹4,372.53Cr (↑25.20%)₹3,721.10Cr (↓14.90%)
Total Liabilities₹1,367.91Cr (-)₹1,598.13Cr (↑16.83%)₹1,907.70Cr (↑19.37%)₹1,298.84Cr (↓31.92%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹104.17Cr (-)₹336.76Cr (↑223.28%)₹222.18Cr (↓34.02%)₹24.96Cr (↓88.77%)-₹106.00Cr (↓524.68%)

Index Inclusions

S&P BSE Indus.

₹14,242.69

-0.85 (-122%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Welspun Enterprises Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.51%
0.00
Foreign Institutions
4.71%
0.24
Mutual Funds
0.09%
24.38
Retail Investors
34.38%
-0.02
Others
6.31%
-0.37

Welspun Enterprises Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)10.188.758.4248.4123.4
Details20202021202220232024
Return On Equity %9.566.055.0310.6111.67
Details20202021202220232024
Return On Assets %5.564.053.5716.537.93
Details20202021202220232024
Book Value Per Share (₹)106.39113.16119.58157.09170.2

Welspun Enterprises Ltd Valuation

Welspun Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.56x)

April 11, 2023

Today (21.01x)

November 19, 2024

Industry (79.06x)

November 19, 2024

Highest (53.20x)

January 22, 2018

LowHigh

Welspun Enterprises Ltd Earnings and Dividends

  • Welspun Enterprises Ltd Earnings Results

    Welspun Enterprises Ltd’s net profit fell -5.67% since last year same period to ₹58.51Cr in the Q2 2024-2025. On a quarterly growth basis, Welspun Enterprises Ltd has generated -40.31% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Welspun Enterprises Ltd Dividends May,2024

    In the quarter ending March 2024, Welspun Enterprises Ltd has declared dividend of ₹3 - translating a dividend yield of 0.67%.

    Read More about Dividends

Welspun Enterprises Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Welspun Enterprises Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Welspun Enterprises Ltd (WELENT) share price today is ₹450.45

Welspun Enterprises Ltd is listed on NSE

Welspun Enterprises Ltd is listed on BSE

  • Today’s highest price of Welspun Enterprises Ltd is ₹459.6.
  • Today’s lowest price of Welspun Enterprises Ltd is ₹445.4.

PE Ratio of Welspun Enterprises Ltd is 21.01

PE ratio = Welspun Enterprises Ltd Market price per share / Welspun Enterprises Ltd Earnings per share

Today’s traded volume of Welspun Enterprises Ltd(WELENT) is 1.16L.

Today’s market capitalisation of Welspun Enterprises Ltd(WELENT) is ₹6344.2Cr.

Welspun Enterprises Ltd(WELENTPrice
52 Week High
₹619
52 Week Low
₹281.55

Welspun Enterprises Ltd(WELENT) share price is ₹450.45. It is down -27.23% from its 52 Week High price of ₹619

Welspun Enterprises Ltd(WELENT) share price is ₹450.45. It is up 59.99% from its 52 Week Low price of ₹281.55

Welspun Enterprises Ltd(WELENTReturns
1 Day Returns
-7.9%
1 Month Returns
-16.05%
3 Month Returns
-19.21%
1 Year Returns
35.95%