Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Welspun Living Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,154 | 2,184 | 2,509 | 2,411 | 2,575 | 2,536 | 2,873 | 2,490 | 2,646 | 2,261 | 2,441 | 2,262 | 2,435 |
| Expenses + | 1,875 | 1,874 | 2,151 | 2,072 | 2,217 | 2,195 | 2,515 | 2,209 | 2,330 | 2,035 | 2,288 | 2,102 | 2,186 |
| Operating Profit | 278 | 310 | 358 | 339 | 359 | 342 | 358 | 280 | 316 | 225 | 153 | 160 | 249 |
| OPM % | 13% | 14% | 14% | 14% | 14% | 13% | 12% | 11% | 12% | 10% | 6% | 7% | 10% |
| Other Income + | 42 | 31 | 33 | 43 | 42 | 52 | 63 | 38 | 2 | 29 | 15 | -5 | 16 |
| Interest | 33 | 26 | 34 | 42 | 52 | 43 | 55 | 62 | 57 | 42 | 43 | 39 | 37 |
| Depreciation | 114 | 99 | 98 | 100 | 96 | 97 | 86 | 98 | 93 | 88 | 101 | 102 | 103 |
| Profit before tax | 173 | 216 | 259 | 240 | 252 | 253 | 280 | 158 | 168 | 124 | 24 | 14 | 125 |
| Tax % | 26% | 25% | 23% | 25% | 48% | 27% | 28% | 22% | 21% | 28% | 38% | 82% | 15% |
| Net Profit + | 129 | 163 | 200 | 179 | 131 | 186 | 202 | 123 | 133 | 89 | 15 | 3 | 106 |
| EPS in Rs | 1.25 | 1.66 | 2.02 | 1.82 | 1.50 | 1.91 | 2.10 | 1.26 | 1.37 | 0.91 | 0.14 | 0.00 | 1.08 |
Financials of Welspun Living Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,264 | 5,924 | 6,638 | 6,050 | 6,527 | 6,741 | 7,340 | 9,311 | 8,094 | 9,679 | 10,545 | 9,399 |
| Expenses + | 3,987 | 4,325 | 5,054 | 4,926 | 5,458 | 5,526 | 5,988 | 7,950 | 7,341 | 8,310 | 9,246 | 8,606 |
| Operating Profit | 1,278 | 1,599 | 1,584 | 1,124 | 1,068 | 1,215 | 1,352 | 1,362 | 753 | 1,369 | 1,299 | 793 |
| OPM % | 24% | 27% | 24% | 19% | 16% | 18% | 18% | 15% | 9% | 14% | 12% | 8% |
| Other Income + | 91 | 84 | -384 | 81 | -187 | 139 | 68 | 63 | 121 | 146 | 152 | 50 |
| Interest | 283 | 237 | 158 | 141 | 159 | 178 | 198 | 131 | 130 | 153 | 217 | 161 |
| Depreciation | 333 | 372 | 505 | 504 | 436 | 481 | 454 | 420 | 442 | 394 | 373 | 394 |
| Profit before tax | 753 | 1,074 | 536 | 560 | 287 | 694 | 769 | 873 | 302 | 967 | 860 | 287 |
| Tax % | 28% | 30% | 32% | 29% | 21% | 24% | 28% | 30% | 33% | 30% | 25% | 26% |
| Net Profit + | 544 | 749 | 362 | 398 | 226 | 524 | 551 | 607 | 203 | 673 | 644 | 213 |
| EPS in Rs | 5.37 | 7.33 | 3.56 | 3.83 | 2.09 | 5.05 | 5.37 | 5.98 | 1.98 | 7.01 | 6.66 | 2.13 |
| Dividend Payout % | 20% | 18% | 18% | 17% | 14% | 20% | 3% | 2% | 5% | 1% | 3% | 5% |
Financials of Welspun Living Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 99 | 99 | 97 | 96 | 96 |
| Reserves | 1,331 | 1,870 | 2,297 | 2,505 | 2,679 | 2,872 | 3,544 | 3,873 | 3,989 | 4,419 | 4,725 | 4,821 |
| Borrowings + | 3,085 | 3,248 | 3,311 | 3,281 | 3,310 | 3,521 | 2,940 | 3,304 | 2,462 | 2,632 | 2,762 | 2,315 |
| Other Liabilities + | 1,178 | 1,258 | 1,550 | 1,301 | 1,593 | 1,701 | 1,981 | 2,036 | 1,978 | 2,337 | 2,684 | 3,223 |
| Total Liabilities | 5,695 | 6,476 | 7,258 | 7,187 | 7,682 | 8,194 | 8,566 | 9,312 | 8,527 | 9,485 | 10,267 | 10,455 |
| Fixed Assets + | 2,627 | 3,348 | 3,689 | 3,460 | 3,306 | 3,933 | 3,814 | 4,005 | 3,918 | 3,813 | 4,022 | 4,471 |
| CWIP | 156 | 183 | 56 | 83 | 489 | 58 | 173 | 166 | 46 | 49 | 380 | 258 |
| Investments | 142 | 29 | 126 | 128 | 127 | 244 | 111 | 698 | 642 | 916 | 570 | 892 |
| Other Assets + | 2,770 | 2,916 | 3,387 | 3,516 | 3,761 | 3,959 | 4,467 | 4,443 | 3,922 | 4,707 | 5,295 | 4,834 |
| Total Assets | 5,695 | 6,476 | 7,258 | 7,187 | 7,682 | 8,194 | 8,566 | 9,312 | 8,527 | 9,485 | 10,267 | 10,455 |
Financials of Welspun Living Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 939 | 1,328 | 832 | 545 | 807 | 777 | 954 | 587 | 756 | 533 | 688 | 1,175 |
| Cash from Investing Activity + | -606 | -801 | -715 | -300 | -540 | -458 | -97 | -600 | 244 | -210 | 58 | -348 |
| Cash from Financing Activity + | -325 | -620 | -99 | -250 | -232 | -269 | -762 | -55 | -1,086 | -269 | -663 | -975 |
| Net Cash Flow | 8 | -93 | 18 | -5 | 35 | 51 | 94 | -68 | -86 | 55 | 83 | -148 |
| Free Cash Flow | 362 | 273 | 135 | 214 | 74 | 287 | 533 | 81 | 511 | 274 | -7 | 726 |
| CFO/OP | 87% | 98% | 59% | 60% | 87% | 77% | 78% | 55% | 112% | 47% | 66% | 160% |
Financials of Welspun Living Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 52 | 53 | 56 | 60 | 59 | 59 | 39 | 43 | 47 | 57 | 51 |
| Inventory Days | 158 | 152 | 168 | 172 | 158 | 184 | 180 | 151 | 168 | 158 | 150 | 157 |
| Days Payable | 99 | 91 | 98 | 85 | 83 | 108 | 111 | 71 | 74 | 69 | 77 | 99 |
| Cash Conversion Cycle | 90 | 113 | 122 | 143 | 135 | 135 | 128 | 119 | 137 | 136 | 130 | 108 |
| Working Capital Days | -12 | 14 | 39 | 47 | 26 | 8 | 29 | 14 | 42 | 40 | 47 | 68 |
| ROCE % | 24% | 27% | 21% | 12% | 11% | 13% | 15% | 14% | 6% | 16% | 14% | 6% |