Welspun Enterprises Ltd. (WELENT) AI Stock Analysis

Welspun Enterprises Ltd.

(NSE:WELENT)

Select Model

Rating:67Neutral

Price Target:INR 673.00▲(8.53% Upside)

Action:reiterated

Date:09/19/26

Strong financial performance with robust revenue expansion and improved leverage forms the foundation of the score. Bullish technical signals from price action above moving averages and positive MACD add momentum support. Valuation remains a drag due to elevated P/E ratio and minimal dividend yield.

Positive Factors

Revenue ExpansionSharp multi-year revenue expansion indicates that Welspun Enterprises is scaling its infrastructure project activity and converting opportunities into a larger operating base. If sustained, this growth can support greater bidding capacity, operating leverage, and a stronger position across roads and water infrastructure.

Negative Factors

Weak Cash ConversionPersistent negative operating and free cash flow indicates that reported earnings are not consistently converting into available cash. This can increase reliance on financing and make the company more exposed to working-capital demands and project cash-cycle pressures over the next several quarters.

Welspun Enterprises Ltd. (WELENT) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 83.95B
Dividend Yield: 0.48%
Average Volume (3M): 33.98K
Price to Earnings (P/E): 27.4
Beta (1Y): 1.19
Revenue Growth: 0.63%
EPS Growth: -2.18%
Country: India
Employees: 40,000
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

Welspun Enterprises Ltd. Business Overview & Revenue Model

Company Description

Based in Mumbai, India, Welspun Enterprises Limited is an Indian firm established in 1976 that specializes in infrastructure development. The company undertakes engineering, procurement, and construction (EPC) activities for a variety of projects thr...

Welspun Enterprises Ltd. Financial Statement Overview

Summary

Robust revenue growth to 36.2 billion and strengthened balance sheet with debt-to-equity at 0.65 are positives, but negative operating cash flows of -0.34 billion pose liquidity concerns.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	35.44B	36.15B	35.84B	28.72B	27.58B	13.36B
Gross Profit	9.20B	8.03B	8.16B	9.21B	6.43B	4.19B
EBITDA	7.73B	7.94B	5.22B	6.16B	8.74B	2.07B
Net Income	3.06B	3.50B	3.23B	2.95B	7.23B	1.25B
Balance Sheet
Total Assets	0	73.29B	60.58B	49.49B	51.06B	58.95B
Cash, Cash Equivalents and Short-Term Investments	15.76B	17.21B	11.07B	7.34B	17.81B	3.49B
Total Debt	0	19.87B	14.99B	7.62B	7.64B	25.26B
Total Liabilities	-32.61B	40.68B	33.49B	24.59B	27.44B	41.01B
Stockholders Equity	32.61B	30.44B	25.40B	23.23B	23.56B	17.91B
Cash Flow
Free Cash Flow	-4.41B	-677.50M	-3.25B	-4.15B	-2.68B	-1.49B
Operating Cash Flow	-4.21B	-337.70M	-2.73B	-3.44B	-1.12B	2.87B
Investing Cash Flow	-2.99B	-9.17B	-166.30M	-638.70M	12.89B	-4.87B
Financing Cash Flow	2.97B	6.13B	5.36B	-4.86B	-2.04B	1.25B

Welspun Enterprises Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price620.10

Price Trends

50DMA718.15Negative

100DMA652.81Negative

200DMA567.50Positive

Market Momentum

MACD-26.85Positive

RSI31.05Neutral

STOCH19.29Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WELENT, the sentiment is Negative. The current price of 620.10 is below the 20-day moving average (MA) of 695.17, below the 50-day MA of 718.15, and above the 200-day MA of 567.50, indicating a neutral trend. The MACD of -26.85 indicates Positive momentum. The RSI at 31.05 is Neutral, neither overbought nor oversold. The STOCH value of 19.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WELENT.

Welspun Enterprises Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:WELENT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:LT	68Neutral	INR 5.31T	27.40	―	0.99%	11.15%	17.37%
IN:WELENT	67Neutral	INR 85.83B	27.39	―	0.48%	0.63%	-2.18%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:GRINFRA	55Neutral	INR 73.11B	7.19	―	0.33%	25.06%	-7.89%
IN:NCC	55Neutral	INR 71.92B	10.28	―	1.92%	-1.81%	-12.78%
IN:HCC	45Neutral	INR 44.98B	22.26	―	―	-20.64%	-12.46%
IN:AFCONS	38Underperform	INR 75.80B	52.83	―	0.97%	-11.87%	-73.37%

* General Sector Average

Performance Comparison

IN:WELENT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:WELENT	Welspun Enterprises Ltd.	620.10	60.16	10.74%
IN:AFCONS	Afcons Infrastructure Limited	206.10	-240.65	-53.87%
IN:GRINFRA	G R Infraprojects Ltd.	755.60	-416.40	-35.53%
IN:HCC	Hindustan Construction Co. Ltd.	17.17	-11.36	-39.82%
IN:LT	Larsen & Toubro Limited	3858.00	-83.60	-2.12%
IN:NCC	NCC Limited	114.55	-96.24	-45.66%

Welspun Enterprises Ltd. Corporate Events

Welspun Enterprises Files SEBI Demat Compliance Certificate for Q2 FY2026

Oct 15, 2026

Welspun Enterprises Ltd. has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026. The filing, made to both BSE and NSE, confirms that its regi...

Crisil Upgrades Credit Ratings for Welspun Enterprises and Key Subsidiaries

Sep 21, 2026

Welspun Enterprises Ltd., a key infrastructure and construction player under the Welspun Group, executes road, water, and engineering projects, supported by material subsidiaries Welspun Michigan Engineers Ltd. and Welspun EDAC JV Pvt. Ltd. The group...

Welspun Subsidiary Wins ₹351-Crore World Bank-Funded Sewer Orders in Ahmedabad

Sep 20, 2026

Welspun Michigan Engineers Ltd., a material subsidiary of Welspun Enterprises, has secured two World Bank-funded sewer rehabilitation contracts from the Ahmedabad Municipal Corporation with a combined value of ₹351.24 crore including GST. The p...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 19, 2026

Welspun Enterprises Ltd. AI Stock Analysis