About
Welspun Enterprises Limited engages in the engineering, procurement, and construction of infrastructure development projects in India. The company develops and operates infrastructure for road transport, water, tunneling, and rehabilitation; hybrid annuity model and build; operate and transfer; and oil and gas exploration activities. It engages in carrying out operation and maintenance activities, as well as water transmission and distribution, water, and wastewater treatment businesses. The company was formerly known as Welspun Projects Limited and changed its name to Welspun Enterprises Limited in May 2015. The company was incorporated in 1994 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap11,253 Cr
P/E31.80
Div Yield0.37 %
Book Value₹220.00
52w High₹825.00
52w Low₹391.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 543.00 | 809.00 | 589.00 | 593.00 | 604.00 | 734.00 | 683.00 | 663.00 | 747.00 | 644.00 | 584.00 | 542.00 | 681.00 |
| Expenses | 481.00 | 681.00 | 522.00 | 502.00 | 512.00 | 638.00 | 604.00 | 589.00 | 647.00 | 569.00 | 485.00 | 483.00 | 578.00 |
| Operating Profit | 62.00 | 129.00 | 67.00 | 91.00 | 92.00 | 96.00 | 79.00 | 73.00 | 99.00 | 75.00 | 99.00 | 59.00 | 103.00 |
| OPM % | 11.00 | 16.00 | 11.00 | 15.00 | 15.00 | 13.00 | 12.00 | 11.00 | 13.00 | 12.00 | 17.00 | 11.00 | 15.00 |
| Other Income | 37.00 | 20.00 | 24.00 | 25.00 | 32.00 | 26.00 | 26.00 | 25.00 | 30.00 | 22.00 | 23.00 | 29.00 | 29.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 4.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 3.00 | 2.00 |
| Interest | 15.00 | 16.00 | 15.00 | 17.00 | 5.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.00 | 7.00 | 9.00 | 9.00 |
| Profit before tax | 82.00 | 129.00 | 73.00 | 95.00 | 117.00 | 112.00 | 95.00 | 87.00 | 118.00 | 87.00 | 112.00 | 77.00 | 120.00 |
| Tax % | 26.00 | 28.00 | 24.00 | 23.00 | 26.00 | 25.00 | 27.00 | 26.00 | 25.00 | 26.00 | 31.00 | 30.00 | 25.00 |
| Net Profit | 60.00 | 93.00 | 55.00 | 73.00 | 87.00 | 85.00 | 69.00 | 65.00 | 89.00 | 64.00 | 78.00 | 54.00 | 90.00 |
| EPS in Rs | 4.37 | 6.73 | 3.99 | 5.29 | 6.27 | 6.11 | 5.02 | 4.68 | 6.42 | 4.64 | 5.60 | 3.88 | 6.48 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,595.00 | 2,827.00 | 2,450.00 | 2,676.00 | 1,307.00 | 1,410.00 | 1,760.00 | 1,739.00 | 997.00 | 292.00 | 185.00 | 184.00 |
| Expenses | 2,215.00 | 2,479.00 | 2,114.00 | 2,440.00 | 1,163.00 | 1,241.00 | 1,554.00 | 1,557.00 | 927.00 | 322.00 | 277.00 | 199.00 |
| Operating Profit | 379.00 | 348.00 | 337.00 | 237.00 | 144.00 | 169.00 | 206.00 | 182.00 | 70.00 | -30.00 | -92.00 | -14.00 |
| OPM % | 15.00 | 12.00 | 14.00 | 9.00 | 11.00 | 12.00 | 12.00 | 10.00 | 7.00 | -10.00 | -50.00 | -8.00 |
| Other Income | 100.00 | 107.00 | 102.00 | 663.00 | 38.00 | 29.00 | 53.00 | 74.00 | 110.00 | 108.00 | 168.00 | 76.00 |
| Interest | 53.00 | 33.00 | 33.00 | 76.00 | 53.00 | 45.00 | 25.00 | 14.00 | 8.00 | 8.00 | 11.00 | 13.00 |
| Depreciation | 12.00 | 9.00 | 10.00 | 10.00 | 12.00 | 12.00 | 19.00 | 11.00 | 20.00 | 17.00 | 26.00 | 25.00 |
| Profit before tax | 414.00 | 413.00 | 396.00 | 815.00 | 116.00 | 141.00 | 214.00 | 232.00 | 153.00 | 53.00 | 38.00 | 24.00 |
| Tax % | 26.00 | 26.00 | 28.00 | 6.00 | 19.00 | 24.00 | 26.00 | 34.00 | 28.00 | 19.00 | -12.00 | 57.00 |
| Net Profit | 308.00 | 308.00 | 285.00 | 768.00 | 93.00 | 107.00 | 159.00 | 154.00 | 110.00 | 43.00 | 43.00 | 10.00 |
| EPS in Rs | 22.27 | 22.23 | 20.60 | 51.21 | 6.24 | 7.22 | 10.73 | 10.38 | 7.44 | 2.94 | 2.47 | 2.54 |
| Dividend Payout % | 13.00 | 13.00 | 14.00 | 17.00 | 24.00 | 21.00 | 19.00 | 19.00 | 20.00 | 26.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 136.00 | 137.00 | 137.00 | 150.00 | 150.00 | 149.00 | 148.00 | 148.00 | 148.00 | 147.00 | 174.00 | 173.00 |
| Reserves | 3,016.00 | 2,553.00 | 2,286.00 | 2,315.00 | 1,744.00 | 1,670.00 | 1,587.00 | 1,451.00 | 1,310.00 | 1,205.00 | 1,303.00 | 1,311.00 |
| Borrowings | 216.00 | 199.00 | 190.00 | 483.00 | 513.00 | 607.00 | 310.00 | 171.00 | 66.00 | 80.00 | 71.00 | 91.00 |
| Other Liabilities | 1,656.00 | 1,389.00 | 1,109.00 | 1,425.00 | 1,085.00 | 761.00 | 633.00 | 828.00 | 391.00 | 227.00 | 102.00 | 99.00 |
| Total Liabilities | 5,024.00 | 4,278.00 | 3,721.00 | 4,373.00 | 3,492.00 | 3,187.00 | 2,679.00 | 2,598.00 | 1,914.00 | 1,660.00 | 1,649.00 | 1,674.00 |
| Fixed Assets | 27.00 | 16.00 | 16.00 | 20.00 | 32.00 | 29.00 | 32.00 | 63.00 | 8.00 | 25.00 | 103.00 | 177.00 |
| CWIP | 1.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2,505.00 | 1,633.00 | 1,507.00 | 2,024.00 | 1,463.00 | 1,511.00 | 1,433.00 | 1,210.00 | 1,350.00 | 1,124.00 | 1,325.00 | 1,187.00 |
| Other Assets | 2,491.00 | 2,628.00 | 2,198.00 | 2,329.00 | 1,997.00 | 1,647.00 | 1,214.00 | 1,323.00 | 556.00 | 510.00 | 221.00 | 310.00 |
| Total Assets | 5,024.00 | 4,278.00 | 3,721.00 | 4,373.00 | 3,492.00 | 3,187.00 | 2,679.00 | 2,598.00 | 1,914.00 | 1,660.00 | 1,649.00 | 1,674.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 354.00 | 274.00 | -106.00 | 25.00 | 222.00 | 337.00 | 104.00 | -62.00 | -1.00 | 133.00 | -4.00 | -34.00 |
| Cash from Investing Activity | -772.00 | 2.00 | -76.00 | 1,674.00 | -266.00 | -717.00 | -168.00 | -221.00 | -258.00 | 205.00 | 145.00 | 644.00 |
| Cash from Financing Activity | 100.00 | -67.00 | -662.00 | -243.00 | -173.00 | 207.00 | 78.00 | 67.00 | -29.00 | -165.00 | -34.00 | -32.00 |
| Net Cash Flow | -319.00 | 208.00 | -844.00 | 1,455.00 | -217.00 | -174.00 | 14.00 | -216.00 | -288.00 | 173.00 | 108.00 | 579.00 |
| Free Cash Flow | 346.00 | 269.00 | -92.00 | 46.00 | 218.00 | 335.00 | 113.00 | -135.00 | -4.00 | 135.00 | -5.00 | -26.00 |
| CFO/OP % | 120.00 | 108.00 | -2.00 | 34.00 | 175.00 | 223.00 | 81.00 | 6.00 | 55.00 | -469.00 | 4.00 | 231.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80.00 | 85.00 | 93.00 | 78.00 | 87.00 | 54.00 | 71.00 | 72.00 | 42.00 | 24.00 | 74.00 | 66.00 |
| Inventory Days | 112.00 | 87.00 | 101.00 | 81.00 | — | — | — | — | — | 16.00 | 10.00 | 18.00 |
| Days Payable | 608.00 | 541.00 | 567.00 | 445.00 | — | — | — | — | — | 343.00 | 78.00 | 89.00 |
| Cash Conversion Cycle | -416.00 | -369.00 | -373.00 | -287.00 | 87.00 | 54.00 | 71.00 | 72.00 | 42.00 | -304.00 | 6.00 | -5.00 |
| Working Capital Days | 31.00 | 43.00 | 78.00 | -9.00 | 136.00 | 70.00 | 14.00 | 42.00 | 32.00 | -76.00 | 130.00 | 187.00 |
| ROCE % | 15.00 | 16.00 | 15.00 | 12.00 | 7.00 | 8.00 | 12.00 | 14.00 | 10.00 | 3.00 | -2.00 | 3.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 03 Jul 2026 | 03 Jul 2026 | — | 3.00 | |
| Dividend | 04 Jul 2025 | 04 Jul 2025 | — | 3.00 | |
| Dividend | 05 Jul 2024 | — | — | 3.00 | |
| Dividend | 30 Jun 2023 | — | — | 1.00 | |
| Other | 13 Feb 2023 | 13 Feb 2023 | — | — | Buy Back of Shares |
| Other | 13 Feb 2023 | 13 Feb 2023 | — | — | Buy Back |
| Dividend | 11 Jan 2023 | 11 Jan 2023 | — | 7.50 | |
| Dividend | 30 Jun 2022 | — | — | 1.50 | |
| Dividend | 18 Aug 2021 | — | — | 1.50 | |
| Dividend | 11 Jun 2020 | — | — | 2.00 | |
| Dividend | 25 Jul 2019 | — | — | 2.00 | |
| Dividend | 25 Jun 2018 | — | — | 1.50 | |
| Dividend | 14 Sep 2017 | — | — | 0.75 | |
| Other | 13 Feb 2017 | 14 Feb 2017 | — | — | Buy Back of Shares |
| Other | 13 Feb 2017 | 14 Feb 2017 | — | — | Buy Back |
| Other | 20 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 25 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 23 Aug 2012 | — | — | — | Annual General Meeting |
| Other | 17 Aug 2011 | — | — | — | Annual General Meeting |
| Dividend | 18 Nov 2010 | — | — | 1.00 | |
| Other | 18 Nov 2010 | — | — | — | Annual General Meeting / Dividend @ Re.1/- Per Share |
| Dividend | 17 Sep 2009 | — | — | 1.00 | |
| Dividend | 18 Sep 2008 | — | — | 1.00 | |
| Dividend | 20 Sep 2007 | — | — | 1.00 | |
| Dividend | 06 Dec 2006 | — | — | 1.00 | |
| Dividend | 20 Sep 2005 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update30 Apr from crisil
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Rating update29 Apr from icra
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Rating update27 Jan from crisil
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Rating update27 Jan 2025 from crisil
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Rating update2 Apr 2024 from crisil
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Rating update1 Sep 2023 from smera
Conference Calls
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