EN DE

Welspun Enterprises Limited (WELENT) Fair Value & Analysis

Industrials · IN · Market cap ₹83.0B

WE Welspun Enterprises Limited WELENT · NSE
Price₹569.40
Fair Value₹536.62
Upside-5.8%
Quality49/100
Watch Welspun Enterprises Limited for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 9.7% net margin
Moderate debt · negative free cash flow
0.49% dividend yield
Mixed vs. peers (7/14)
Moderate moat 53/100
Evidence: High Range ₹244.39 – ₹677.22 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated 4 days ago

Share price −9.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (₹244.39 to ₹677.22). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹644.36 ₹64.84 Fair Value ₹536.62 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 ₹64.84 – ₹644.36 · fair‑value band ₹244.39 – ₹677.22 · the ₹569.40 price screens above the ₹536.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Welspun Enterprises Limited (WELENT) currently trades at ₹569.40, while our model-based Fair Value estimate is ₹536.62, implying the stock looks roughly 5.8% fairly valued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials 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 Enterprises Limited generated revenue of ₹36.2B at a net margin of 9.7%. Revenue grew 17.4% year over year. It earns a return on equity of 13.6%. Net debt stands at ₹16.5B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹244.39 (bear case) to ₹677.22 (bull case); at ₹569.40, the current price sits within 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 share trades about 10% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at -6%, WELENT screens cheaper 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
Residual Income ₹204.70 ₹240.94 ₹527.19 76
ROIC Compounder ₹346.06 ₹546.99 ₹712.18 72
Gordon GGM ₹27.77 ₹57.73 ₹91.58 70
All 17 models by family
DCF Models
Owner Earnings ₹321.96 ₹863.17 ₹1,999 31
Earnings-Based
Graham-Dodd ₹175.43 ₹1,223 ₹1,717 54
Lynch FV ₹375.63 ₹536.62 ₹697.60 50
PEG = 1.0 ₹375.63 ₹536.62 ₹697.60 46
EPV ₹289.59 ₹354.90 ₹412.05 59
Dividend Discount
Gordon GGM ₹27.77 ₹57.73 ₹91.58 70
DDM Multi-Stage ₹27.77 ₹48.68 ₹60.59 61
Multiples
P/E Multiple ₹406.33 ₹541.78 ₹677.22 63
P/S Multiple ₹328.94 ₹438.58 ₹548.23 58
P/B Multiple ₹328.94 ₹438.58 ₹548.23 55
EV/EBIT ₹553.32 ₹771.86 ₹990.40 53
EV/EBITDA ₹435.46 ₹614.71 ₹793.96 54
EV/Revenue ₹233.61 ₹377.57 ₹521.53 43
Asset-Based
NCAV (Graham) ₹112.23 ₹150.39 ₹224.47 50
Economic Profit
Residual Income ₹204.70 ₹240.94 ₹527.19 76
ROIC Compounder ₹346.06 ₹546.99 ₹712.18 72
Growth Earnings
Growth-Adj P/E ₹507.80 ₹725.43 ₹943.05 68

Widest divergence: DCF Models (₹863.17) versus Dividend Discount (₹48.68). Highest evidence: Residual Income (76).

Notify me when WELENT reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹36.2B
Revenue growth (YoY) +17.4%
Net margin 9.7%
Return on equity 13.6%
Free cash flow −₹678M FY2026
P/E ratio 21.7
More key figures
Operating margin 18.9%
EPS (TTM) ₹26.25
Dividend yield 0.5%
EPS growth (YoY) +53.1%
Net debt ₹16.5B FY2026

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 45 · Market factors (momentum, volatility) 71

Profitability 37
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 90
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 Enterprises Limited engages in the engineering, procurement, and construction of infrastructure development projects in India. It develops and operates infrastructure for road transport, water, tunneling, and rehabilitation; hybrid annuity model and build; operate and transfer; and oil and gas exploration activities.

Full company description

Welspun Enterprises Limited engages in the engineering, procurement, and construction of infrastructure development projects in India. It develops and operates infrastructure for road transport, water, tunneling, and rehabilitation; hybrid annuity model and build; operate and transfer; and oil and gas exploration activities. The company is engaged in carrying out operation and maintenance activities, as well as water transmission and distribution, water, and wastewater treatment businesses. Welspun Enterprises Limited was formerly known as Welspun Projects Limited and changed its name to Welspun Enterprises Limited in May 2015. The company was incorporated in 1994 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Welspun Enterprises Limited reported revenue of ₹36.2B in FY2026 versus ₹13.4B in FY2022, a compound +28.3%/yr. Reported net income was ₹3.5B in FY2026, compounding +29.4%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹36.2B
Latest YoY
+0.9%
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.
+9.4%
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.
+18.8%
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.
+20.0%
Revenue +28.3%/yr
FY22 ₹13.4B
FY23 ₹27.6B
FY24 ₹28.7B
FY25 ₹35.8B
FY26 ₹36.2B
Net income +29.4%/yr
FY22 ₹1.2B
FY23 ₹7.2B
FY24 ₹3.0B
FY25 ₹3.2B
FY26 ₹3.5B

Watch WELENT: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Peer Group

Engineering & Construction · 838 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 49 · Below median
Fair Value upside −6% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 17% · Above median
Dividend yield (TTM) 0.5% · Bottom 25%
Debt / equity 0.57× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 21.7× · Pricier than median
P/B 2.73× · Pricier than 75% of peers
P/S (TTM) 2.30× · Pricier than 75% of peers
EV/EBITDA 13.0× · Pricier than median
PEG 0.48× · Cheaper 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 26 · sector 15
FUTURE 87 · sector 14
PAST 54 · sector 26
HEALTH 72 · sector 94
DIVIDEND 10 · sector 43

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹4,020 ₹1,994 -50%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
Hyundai Engineering & Construction Co 000720 113,700 KRW 61,453 KRW -46%
Samsung E&A Co 028050 49,300 KRW 43,624 KRW -12%
Rail Vikas Nigam Limited RVNL ₹228.50 ₹48.92 -79%
Daewoo Engineering & Construction Co 047040 18,400 KRW 6,507 KRW -65%
KEPCO Engineering & Construction Company 052690 99,800 KRW 19,346 KRW -81%
GS Engineering & Construction Corporation 006360 35,200 KRW 23,135 KRW -34%
DL E&C Co 375500 73,500 KRW 148,433 KRW +102%
KEPCO Plant Service & Engineering Co 051600 46,350 KRW 43,924 KRW -5%

Compare Welspun Enterprises Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Welspun Enterprises Limited (WELENT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹536.62 versus a price of ₹569.40, about −6% (fairly valued).
What is the fair value of WELENT?
Our model-based fair value for Welspun Enterprises Limited is ₹536.62 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹569.40.
What is the quality score of WELENT?
Welspun Enterprises Limited has a Quality Score of 49/100. 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 Enterprises Limited (WELENT)?
Welspun Enterprises Limited reported trailing-twelve-month revenue of about ₹36.2B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of WELENT?
The net profit margin of Welspun Enterprises Limited is about 9.7%, meaning it keeps roughly 9.7% of revenue as net income. Based on the latest reported figures.
Does Welspun Enterprises Limited pay a dividend?
Welspun Enterprises Limited currently shows a dividend yield of about 0.49% relative to its recent price (as of Aug 13, 2026).

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.

14 days Pro free · no card

Track Welspun Enterprises Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.