Welspun Living Ltd.’s share price gained nearly 12 per cent on Friday after the company reported its April-June quarter (Q1FY27) results. The company’s results were supported by volume recovery, improving business mix, and cost-saving initiatives.
As of 02:07 PM, the company’s share price was trading 5.22 per cent higher at ₹168.17 apiece; meanwhile, Nifty 50 was trading 0.01 per cent lower at24,392.55. Intraday, the stock gained 11.9 per cent to ₹178.
Welspun Living’s net profit rose 83.59 per cent to ₹160.73 crore in the quarter ended June 2026 as against ₹87.55 crore during the previous quarter ended June 2025. Revenue rose 23.66 per cent to ₹2795.45 crore in the quarter ended June 2026 as against ₹2260.57 crore during the previous quarter ended June 2025.
Brokerage firm Motilal Oswal Financial Services noted that Welspun Living’s revenue surged 24 per cent Y-o-Y, led by the home textile portfolio, which grew 26 per cent Y-o-Y and the flooring revenue, which rose 7 per cent Y-o-Y. Meanwhile, gross margin dipped 246 bp Y-o-Y to 45.2 per cent because of an increase in raw material costs, while Ebitda margin settled higher at 11.5 per cent, led by volume recovery, improving business mix, and cost-saving initiatives.
“We expect Welspun to continue delivering double-digit revenue growth, fueled by volume recovery in the home textile segment. Further, we expect its Ebitda margin to expand to 13 per cent, the business mix to improve in the home textile segment, and margins to recover in the flooring business,” the broekrage said.
MOFSL noted that Welspun’s operations at the Vapi facility were hit by floods and are being restored in a phased manner. Q2FY27 is expected to be hurt by the plant closure, while recovery is expected in 2HFY27.
Welspun’s stock has delivered strong returns across most time periods, gaining 2.82 per cent over the past week, 2.54 per cent over one month, and 27.77 per cent year-to-date. Over the longer term, the stock has risen 48.06 per cent in one year, 46.59 per cent over three years, and 27.77 per cent over five years.
Disclaimer: View and outlook shared belong to the respective brokerages/analysts and are not endorsed by Business Standard. Readers discretion is advised.
