Welspun Enterprises Limited (WELENT) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Welspun Enterprises Limited ₹431, price ₹724, upside -40.6%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range ₹64.84 – ₹823.35 · fair‑value band ₹184.08 – ₹677.22 · the ₹724.45 price screens above the ₹430.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
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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.
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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.
Stock analysis
Welspun Enterprises Limited (WELENT) currently trades at ₹724.45, while our model-based Fair Value estimate is ₹430.63, 40.6% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹920.38 per share, and 4 of the 17 models we run sit above the ₹724.45 price.
Bear case: the Asset-Based group reads lowest at ₹150.39, and 13 of the 17 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹184.08 (bear) to ₹677.22 (bull), the price of ₹724.45 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
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.
Key figures
Market cap ₹100B (≈ $1.0B) · P/E ratio 29.4 · P/S ratio 2.85 · EPS (TTM) ₹24.60 · Dividend yield 0.4% · Net margin 9.7% · Return on equity 13.6% · Return on assets (EBIT) 7.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 75% 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 −41%, WELENT screens richer than that median.
Fair Value models
Bear ₹184.08Fair Value ₹430.63Bull ₹677.22
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹10.95 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+0.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+18.8%
Start year 2021 (pandemic). Over 10 years: +32.2% a year
Revenue growth 21 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.0%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+24.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.1%
Dividend (yield on the price)0.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.24.1% vs 74.0%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 19%
Compare Welspun Enterprises Limited with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Engineering & Construction · 785 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−40.6% · Below median
Profitability
Return on equity (TTM)13.6% · Above median
Return on assets6.5% · Top 25%
Net margin (TTM)8.6% · Top 25%
Operating margin (TTM)18.1% · Top 25%
Growth and dividend
Revenue growth−8.4% · Below median
Dividend yield (TTM)0.4% · Bottom 25%
Balance sheet
Debt / equity0.57× · Highest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
P/E (TTM)29.4× · Pricier than median
P/B3.29× · Priciest 25%
P/S (TTM)2.83× · Priciest 25%
EV/EBITDA16.1× · Priciest 25%
PEG0.48× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 28
FUTURE (revenue growth)0· sector 17
PAST (return on equity)54· sector 28
HEALTH (low debt)72· sector 94
DIVIDEND (yield)8· sector 40
VALUE 0: the price sits above our fair-value range.
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.
Is Welspun Enterprises Limited (WELENT) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of ₹430.63 versus a price of ₹724.45, about −41% upside (overvalued).
What is the fair value of WELENT?
Our model-based fair value for Welspun Enterprises Limited is ₹430.63 (as of Oct 1, 2026), built from audited fundamentals. The current price: ₹724.45.
What is the quality score of WELENT?
Welspun Enterprises Limited has a Quality Score of 50/100. 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 price target for Welspun Enterprises Limited (WELENT)?
Our model-based price target is the fair value of ₹430.63 (as of Oct 1, 2026) from 17 valuation models. Cautious scenario ₹184.08, optimistic scenario ₹677.22. It is a calculation from audited fundamentals, not an analyst target.
What is the Welspun Enterprises Limited stock forecast for 2026?
Our models put fair value at ₹430.63, about −41% upside versus a price of ₹724.45 (overvalued). Cautious scenario ₹184.08, optimistic scenario ₹677.22. The calculation is refreshed regularly with new filings.
What is the revenue of Welspun Enterprises Limited (WELENT)?
Welspun Enterprises Limited reported trailing-twelve-month revenue of about ₹35.4B (latest available figure, as of Oct 1, 2026).
Does Welspun Enterprises Limited pay a dividend?
Welspun Enterprises Limited currently shows a dividend yield of about 0.41% relative to its recent price (as of Oct 1, 2026).
What is the intrinsic value of Welspun Enterprises Limited (WELENT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Welspun Enterprises Limited it is ₹430.63 per share (as of Oct 1, 2026), against a price of ₹724.45. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Welspun Enterprises Limited stock overvalued or undervalued in 2026?
As of Oct 1, 2026, WELENT trades above its calculated fair value: price ₹724.45, fair value ₹430.63, a gap of about −41% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of WELENT?
No. The price is what the market pays today (₹724.45); the fair value is what the company's own numbers justify (₹430.63). For Welspun Enterprises Limited the two are ₹293.82 per share apart. That gap is exactly why we show both numbers side by side.
How much is Welspun Enterprises Limited worth?
The market values Welspun Enterprises Limited at about ₹100B (market capitalisation, as of Oct 1, 2026). Per share that is ₹724.45; our models calculate a fair value of ₹430.63 per share.
What do the bullish and bearish scenarios say about WELENT?
Our models span a range for Welspun Enterprises Limited: cautious scenario ₹184.08, base ₹430.63, optimistic ₹677.22 per share (as of Oct 1, 2026, price ₹724.45). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of WELENT?
Welspun Enterprises Limited trades at a price-to-earnings ratio of 29.4 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹430.63 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 13.5. Other multiples: PEG 0.5, P/B 3.3, P/S 2.8, EV/EBITDA 16.1.
What is the PEG ratio of WELENT?
The PEG ratio of Welspun Enterprises Limited is 0.48 (P/E divided by earnings growth, as of Oct 1, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Welspun Enterprises Limited (WELENT)?
Balance-sheet figures for Welspun Enterprises Limited (as of Oct 1, 2026): return on equity 13.6%, debt of 0.57 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is WELENT from its 52-week high?
Welspun Enterprises Limited trades at ₹724.45, about 12% below its 52-week high of ₹823.35 and 75% above the low of ₹413.71 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹430.63 is for.
Which stocks are comparable to Welspun Enterprises Limited?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Welspun Enterprises Limited stock attractive at the current price?
The data as of Oct 1, 2026: price ₹724.45, calculated fair value ₹430.63 (−41%), Quality Score 50/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of WELENT calculated?
We run Welspun Enterprises Limited through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹430.63, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Welspun Enterprises Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Welspun Enterprises Limited (WELENT)?
The closing price on Oct 1, 2026 was ₹724.45. Our model-based fair value is ₹430.63, about −41% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Welspun Enterprises Limited right now?
The price sits above even our optimistic bull case (₹677.22). The favourable scenario is already priced in. The model range is unusually wide (₹184.08 to ₹677.22). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Welspun Enterprises Limited
How large is the market capitalisation of Welspun Enterprises Limited (WELENT)?
The market capitalisation of Welspun Enterprises Limited is ₹100B (≈ $1.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Welspun Enterprises Limited (WELENT)?
The price-to-sales ratio of Welspun Enterprises Limited is 2.85 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Welspun Enterprises Limited (WELENT)?
Earnings per share at Welspun Enterprises Limited are ₹24.60 (price ÷ EPS = P/E 29.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Welspun Enterprises Limited (WELENT)?
The dividend yield of Welspun Enterprises Limited is 0.4% (payout 12.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Welspun Enterprises Limited (WELENT)?
The net margin of Welspun Enterprises Limited is 9.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Welspun Enterprises Limited (WELENT)?
The return on equity (ROE) of Welspun Enterprises Limited is 13.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Welspun Enterprises Limited (WELENT)?
On an EBIT basis the return on assets of Welspun Enterprises Limited is 7.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Welspun Enterprises Limited (WELENT)?
The operating margin of Welspun Enterprises Limited is 18.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Welspun Enterprises Limited (WELENT)?
Revenue at Welspun Enterprises Limited is growing −8.4% versus a year earlier (3y avg +9.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Welspun Enterprises Limited (WELENT)?
Earnings per share at Welspun Enterprises Limited are growing −50.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Welspun Enterprises Limited (WELENT) generate?
The free cash flow of Welspun Enterprises Limited is −₹678M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Welspun Enterprises Limited (WELENT) carry?
The net debt of Welspun Enterprises Limited is ₹16.5B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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