Welspun Enterprises logo

Welspun Enterprises share price

NSE: WELENTBSE: 532553ConstructionSmall Cap

Formerly Welspun Projects
Last close ₹633.95down ₹32.95 (4.94%)BSE ₹633.35

Share price at the NSE close on 23 Oct 2026. Previous close ₹666.90.

52-week range of traded prices to 23 Oct 2026
₹412.00Low, 30 Mar 2026₹841.90High, 21 Sep 2026
Market cap
₹8,775 Cr685th largest listed
P/E
28.7
P/E without one-offs
22.5
P/B
2.9
Dividend yield
0.47%
ROE
10.9%
ROE without one-offs
13.9%
ROCE
12.7%
Debt to equity
0.60
Volume, NSE
2,55,61338.6% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+16.6%over a year

Results20-session average 2,44,803 shares a day, 50.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹774 Crdown 35.49%
Net profit
₹56 Crdown 65.38%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹1,067 Cr, differs from its quarters added, ₹1,089 Cr.

₹ croreSep 2024Filed 31 OctDec 2024Filed 3 FebMar 2025Filed 10 JunJun 2025Filed 8 SepSep 2025Filed 11 NovDec 2025Filed 4 FebMar 2026Filed 14 MayJun 2026Filed 4 Aug
Revenue7898671,0218457847871,199774
Net profit6277105101983116356
Net margin–8.9%10.3%–12.5%3.9%13.6%–
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Sep 2024, Jun 2025 and Jun 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Transport₹1,425 Crdown 11.21%39.4%
  • Water₹1,240 Crdown 3.41%34.3%
  • Tunneling and Rehabilitation₹951 Crup 36.65%26.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 74% of 2,480 trading days over the last 10 years.

LowestHighest
Its median16.4Industry median13.1
Price to book

At or below today's level on 88% of 1,833 trading days since Nov 2018.

LowestHighest
Its median1.1Industry median1.4
EV to EBITDA14.5

At or below today's level on 46% of 1,833 trading days since Nov 2018.

LowestHighest
Its median15.0Industry median10.8
Dividend yield

At or below today's level on 20% of 2,407 trading days over the last 10 years.

LowestHighest
Its median1.17%Industry median0.76%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−13.2%+9.3%−21.3%0.7%
3 years+49.8%−18.8%+83.6%0.8%
5 years+33.0%+24.4%+5.1%2.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters56.13%
  • Foreign institutions7.92%
  • Indian institutions6.19%
  • Individuals and others27.74%
  • Employee trusts2.02%
Holder
BALKRISHAN GOENKA TRUSTEE OF WELSPUN GROUP MASTER TRUSTPromoter49.98%
WELSPUN INVESTMENTS AND COMMERCIALS LIMITEDPromoter3.43%
DILIPKUMAR LAKHIResident individuals, over ₹2 lakh at face value3.10%
ARYABHAT VYAPAR PRIVATE LIMITEDPromoter2.72%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUNDForeign portfolio investors, category I2.44%
CHIRAG DILIPKUMAR LAKHIResident individuals, over ₹2 lakh at face value2.13%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

8 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 6 of the 6 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Cut
5
Held unchanged
2
Fund
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund67,12,3181.40%₹498.5 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund1,35,9510.42%₹10.1 Cr
Groww Mutual Fund logoGroww Nifty Total Market Index FundGroww Mutual Fund8880.02%₹0.07 Cr
Angel One Mutual Fund logoAngel One Nifty Total Market Index FundAngel One Mutual Fund1480.02%₹0.01 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund1470.02%₹0.01 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund1220.02%₹91,000
Bandhan Mutual Fund logoBandhan Nifty Total Market Index FundBandhan Mutual Fund1060.02%₹79,000
Angel One Mutual Fund logoAngel One Nifty Total Market ETFAngel One Mutual Fund1030.02%₹76,500
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Welspun Enterprises in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Engineers India logoEngineers IndiaENGINERSIN13,63017.44.316.3+16.3%+41.6%27.0%22.5%2.06%
Techno Electric & Engineering Company logoTechno Electric & Engineering CompanyTECHNOE9,59022.22.320.3+38.7%−6.5%10.9%10.6%0.85%
Ircon International logoIrcon InternationalIRCON9,18117.51.413.0−9.9%−21.6%8.1%4.9%1.95%
RITES logoRITESRITES9,10321.83.411.1+10.6%+7.9%15.7%17.4%4.25%
KEC International logoKEC InternationalKEC8,72515.81.48.3+5.1%−8.9%9.6%12.4%1.68%
Afcons Infrastructure logoAfcons InfrastructureAFCONS8,01255.81.510.3−11.9%−73.0%2.7%7.1%0.92%
G R Infraprojects logoG R InfraprojectsGRINFRA7,6297.50.86.1+25.1%−7.7%11.4%11.7%0.32%
NCC logoNCCNCC7,29410.40.94.9−1.8%−12.8%9.2%14.6%1.89%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.50 a share, year to Mar 2023.
Ex-dateTypePer share
3 Jul 2026Final₹3.00
4 Jul 2025Final₹3.00
5 Jul 2024Final₹3.00
30 Jun 2023Final₹1.00
11 Jan 2023Special₹7.50
30 Jun 2022Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Welspun Enterprises share price by year

Each calendar year to 2025.Welspun Enterprises share price history

YearClose at year endChangeHighest closeLowest close
2025520.10−15.3%651.20417.40
2024614.35+88.3%614.35287.35
2023326.25+96.2%343.95118.70
2022166.30+73.9%169.0570.55
202195.65+10.6%127.4076.70
202086.50+13.4%93.9534.85
201976.30−32.9%139.7570.30
2018113.75−35.4%198.85104.45
2017176.00+191.6%180.3060.10
201660.35−5.7%70.2043.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026665.00666.00625.00633.95634.482,55,61338.6%
22 Oct 2026690.00696.40660.65666.90671.181,49,25150.7%
21 Oct 2026694.90705.85680.00689.55693.831,94,39547.4%
19 Oct 2026726.00729.65690.00691.30704.762,62,77855.3%
16 Oct 2026728.10735.60722.45727.05728.0076,64042.0%
15 Oct 2026751.50751.50725.00727.70731.071,25,05048.9%
14 Oct 2026736.75762.90732.55752.65750.502,19,49547.3%
13 Oct 2026730.00742.05720.90736.60728.771,30,07352.6%
12 Oct 2026740.15752.20725.00725.70734.4898,89542.9%
9 Oct 2026740.00744.40725.05735.90732.921,24,97547.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback history

Ex-dateEventPrice factorWhat happened
12 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Welspun Enterprises Limited
NSE symbol
WELENT
BSE code
532553
ISIN
INE625G01013
Industry
Construction
Listed
Nov 2004
Face value
₹10
Former symbols
WELPROJ, MSKPROJ
CIN
L45201GJ1994PLC023920
Corporate identity number, the registrar of companies' code for it