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Welspun Living Limited (WELSPUNLIV) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹161B

WL Welspun Living Limited WELSPUNLIV · NSE
Price₹164.06
Fair Value₹47.77
Upside-70.9%
Quality50/100
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Mixed Growth
Thin margins · 2.2% net margin
Low debt · generates free cash flow
Trails peers (5/13)
Narrow moat 26/100
Evidence: High Range ₹35.83 – ₹59.72 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from ₹43.43 to ₹47.77 (+10.0%) since Aug 8, 2026. Share price −1.1% over the past month.

A solid business, but screening 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹59.72). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹204.80 ₹61.95 Fair Value ₹47.77 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹61.95 – ₹204.80 · fair‑value band ₹35.83 – ₹59.72 · the ₹164.06 price screens above the ₹47.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Welspun Living Limited (WELSPUNLIV) currently trades at ₹164.06, while our model-based Fair Value estimate is ₹47.77, implying the stock looks roughly 70.9% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Welspun Living Limited generated revenue of ₹94.0B at a net margin of 2.2%. Revenue declined 8.0% year over year. It earns a return on equity of 4.3%. Net debt stands at ₹21.7B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹35.83 (bear case) to ₹59.72 (bull case); at ₹164.06, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 4% below its 52-week high and 53% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -7% fair-value upside, at -71%, WELSPUNLIV screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹70.55 ₹123.33 ₹209.60 80
Residual Income ₹39.51 ₹39.81 ₹36.85 76
Rev-Margin DCF ₹44.18 ₹74.23 ₹111.66 74
All 26 models by family
DCF Models
FCF DCF ₹70.39 ₹125.86 ₹217.79 38
Owner Earnings ₹11.56 ₹25.24 ₹47.90 31
5Y Revenue Exit ₹44.18 ₹74.08 ₹112.80 39
5Y EBITDA Exit ₹65.11 ₹115.71 ₹177.16 41
5Y P/E Exit ₹39.95 ₹65.68 ₹93.48 38
10Y Revenue Exit ₹51.25 ₹81.95 ₹125.22 36
10Y EBITDA Exit ₹66.24 ₹111.84 ₹177.26 37
10Y P/E Exit ₹49.80 ₹75.92 ₹109.59 35
Earnings-Based
Graham-Dodd ₹14.77 ₹60.00 ₹81.67 54
Lynch FV ₹15.02 ₹21.45 ₹27.89 50
PEG = 1.0 ₹15.02 ₹21.45 ₹27.89 46
EPV ₹26.54 ₹32.25 ₹37.24 59
Dividend Discount
Gordon GGM ₹15.84 ₹32.94 ₹52.26 70
DDM Multi-Stage ₹15.84 ₹27.78 ₹34.58 61
Multiples
P/E Multiple ₹35.83 ₹47.77 ₹59.72 63
P/S Multiple ₹27.69 ₹36.92 ₹46.15 58
P/B Multiple ₹27.69 ₹36.92 ₹46.15 55
EV/EBIT ₹51.53 ₹71.27 ₹91.00 53
EV/EBITDA ₹69.46 ₹95.18 ₹120.90 54
EV/Revenue ₹32.23 ₹49.33 ₹66.44 43
Asset-Based
NCAV (Graham) ₹26.12 ₹34.99 ₹52.23 50
Growth DCF
Growth DCF ₹70.55 ₹123.33 ₹209.60 80
Rev-Margin DCF ₹44.18 ₹74.23 ₹111.66 74
Economic Profit
Residual Income ₹39.51 ₹39.81 ₹36.85 76
ROIC Compounder ₹26.54 ₹32.25 ₹37.24 72
Growth Earnings
Growth-Adj P/E ₹26.83 ₹38.33 ₹49.83 68

Widest divergence: DCF Models (₹75.92) versus Earnings-Based (₹21.45). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹94.0B
Revenue growth (YoY) -8.0%
Net margin 2.2%
Return on equity 4.3%
Free cash flow ₹6.0B FY2025
P/E ratio 76.7
More key figures
Operating margin 6.0%
EPS (TTM) ₹2.14
EPS growth (YoY) -22.1%
Net debt ₹21.7B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 52 · Market factors (momentum, volatility) 73

Profitability 38
Margins and returns on capital today
Quality Growth 13
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 86
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Welspun Living Limited manufactures and sells home textile products in India and internationally. It operates through two segments, Home Textiles and Flooring. The company offers bedding solutions, including utility and fashion bedding, and bed sheet products; and spunlace, needle punch, and wet wipes.

Full company description

Welspun Living Limited manufactures and sells home textile products in India and internationally. It operates through two segments, Home Textiles and Flooring. The company offers bedding solutions, including utility and fashion bedding, and bed sheet products; and spunlace, needle punch, and wet wipes. It also provides bath solutions, such as towels, bathrobes, and bathroom rugs, as well as mats, area rugs, and carpets. In addition, the company offers flooring products comprising SPC, and grass tiles, and wall to wall carpets, as well as rugs and artificial grass. Further, it is involved in power generation; home textile product trading; and real estate business. It offers its products under the owned and licensed brands, such as Christy, Spaces, Welspun, Welspun Flooring, SPUN, Welhome, and Martha Stewart. The company was formerly known as Welspun India Limited and changed its name to Welspun Living Limited in September 2023. Welspun Living Limited was incorporated in 1985 and is headquartered in Mumbai, India. Welspun Living Limited is a subsidiary of Welspun Group Master Trust.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Welspun Living Limited reported revenue of ₹94.0B in FY2025 versus ₹83.5B in FY2021, a compound +3.0%/yr. Reported net income was ₹2.0B in FY2025, compounding −23.6%/yr from FY2021.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
₹94.0B
Latest YoY
−0.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.3%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.1%
Revenue +3.0%/yr
FY21 ₹83.5B
FY22 ₹71.5B
FY23 ₹86.2B
FY24 ₹94.8B
FY25 ₹94.0B
Net income −23.6%/yr
FY21 ₹6.0B
FY22 ₹2.0B
FY23 ₹6.8B
FY24 ₹6.4B
FY25 ₹2.0B
Character of growth · EPS growth decomposed (2014-2025) −0.2 % p.a.
Revenue per share +6.9 pp

of which total revenue +6.4 pp · buybacks/dilution +0.6 pp

EBIT margin −9.6 pp
Tax rate +0.4 pp
Residual (interest, one-offs) +2.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

WELSPUNLIV screens 71% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Welspun Living Limited Fair Value". https://www.fairvalue-calculator.com/stock/WELSPUNLIV

Peer Group

Textile Manufacturing · 318 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Above median
Fair Value upside −71% · Bottom 25%
Return on equity (TTM) 4% · Above median
Return on assets 2% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 6% · Above median
Revenue growth -8% · Below median
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 76.7× · Pricier than 75% of peers
P/B 3.27× · Pricier than 75% of peers
P/S (TTM) 1.71× · Pricier than 75% of peers
P/FCF 0.3× · Cheaper than median
EV/EBITDA 21.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 9
FUTURE 0 · sector 0
PAST 17 · sector 15
HEALTH 91 · sector 95
DIVIDEND 0 · sector 33

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$42.10 HK$68.24 +62%
Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.79 ¥14.35 +12%
Far Eastern New Century Corporation 1402 27.55 TWD 25.64 TWD -7%
K.P.R. Mill Limited KPRMILL ₹1,089 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 -83%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%
Ruentex Industries Ltd 2915 54.10 TWD 133.24 TWD +146%
Arvind Limited ARVIND ₹566.85 ₹322.41 -43%

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Frequently asked questions

Is Welspun Living Limited (WELSPUNLIV) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹47.77 versus a price of ₹164.06, about −71% (overvalued).
What is the fair value of WELSPUNLIV?
Our model-based fair value for Welspun Living Limited is ₹47.77 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹164.06.
What is the quality score of WELSPUNLIV?
Welspun Living Limited has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Welspun Living Limited (WELSPUNLIV)?
Welspun Living Limited reported trailing-twelve-month revenue of about ₹94.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of WELSPUNLIV?
The net profit margin of Welspun Living Limited is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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