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Welspun Investments and Commercials Limited (WELINV) Fair Value & Analysis

Financial Services · IN · Market cap ₹6.6B

WI Welspun Investments and Commercials Limited WELINV · NSE
Price₹1,875
Fair Value₹1,517
Upside-19.1%
Quality44/100
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Expensive Growth
Highly profitable · 58.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 32/100
Evidence: Medium Range ₹1,138 – ₹1,896 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Fair value updated Aug 13, 2026, revised from ₹136.91 to ₹1,517 (+1,008.1%) since Aug 8, 2026. Share price +4.5% over the past month.

Below-average quality, and screening another 19% overvalued on our models.

What matters now

  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹1,932 ₹258.10 Fair Value ₹1,517 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 ₹258.10 – ₹1,932 · fair‑value band ₹1,138 – ₹1,896 · the ₹1,875 price screens above the ₹1,517 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Welspun Investments and Commercials Limited (WELINV) currently trades at ₹1,875, while our model-based Fair Value estimate is ₹1,517, implying the stock looks roughly 19.1% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Financial Services 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: medium).

Over the trailing twelve months, Welspun Investments and Commercials Limited generated revenue of ₹52.2M at a net margin of 58.0%. Revenue grew 186.0% year over year. It earns a return on equity of 0.4%. The balance sheet holds a net cash position of ₹53.3M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹1,138 (bear case) to ₹1,896 (bull case); at ₹1,875, 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 5% below its 52-week high and 117% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -22% fair-value upside, at -19%, WELINV 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
P/B Multiple ₹1,172 ₹1,562 ₹1,953 55
NCAV (Graham) ₹918.97 ₹1,231 ₹1,838 50
All 2 models by family
Multiples
P/B Multiple ₹1,172 ₹1,562 ₹1,953 55
Asset-Based
NCAV (Graham) ₹918.97 ₹1,231 ₹1,838 50

Widest divergence: Multiples (₹1,562) versus Asset-Based (₹1,231). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) ₹52.2M
Revenue growth (YoY) +186%
Net margin 58.0%
Return on equity 0.4%
Free cash flow −₹20.1M FY2026
P/E ratio 223.5
More key figures
Operating margin -131%
EPS (TTM) ₹8.36
EPS growth (YoY) -3.4%
Net cash ₹53.3M FY2026

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

Quality Score breakdown

Overall quality 44/100

Of which business quality 44 · Market factors (momentum, volatility) 80

Profitability 28
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 85
Price trend over the last 3–12 months (market factor)
52W Momentum 95
Distance to the 52-week high (market factor)
Net Issuance 82
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 Investments and Commercials Limited, a core investment company, engages in the investment and dealing of shares and securities in India. The company is also involved in the trading of textile products and commodities.

Full company description

Welspun Investments and Commercials Limited, a core investment company, engages in the investment and dealing of shares and securities in India. The company is also involved in the trading of textile products and commodities. The company was formerly known as Welspun Investments Limited and changed its name to Welspun Investments and Commercials Limited in March 2010. Welspun Investments and Commercials Limited was incorporated in 2008 and is based in Mumbai, India. Welspun Investments and Commercials Limited operates as a subsidiary of Welspun Group Master Trust.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Welspun Investments and Commercials Limited reported revenue of ₹52.2M in FY2026 versus ₹42.3M in FY2022, a compound +5.4%/yr. Reported net income was ₹30.3M in FY2026, compounding +5.3%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹52.2M
Latest YoY
−0.2%
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.
−11.9%
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.
+34.4%
Avg. growth/yr (16Y) 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.
+0.1%
Revenue +5.4%/yr
FY22 ₹42.3M
FY23 ₹76.5M
FY24 ₹40.9M
FY25 ₹52.4M
FY26 ₹52.2M
Net income +5.3%/yr
FY22 ₹24.7M
FY23 ₹54.8M
FY24 ₹27.8M
FY25 ₹37.0M
FY26 ₹30.3M
Character of growth · EPS growth decomposed (2015-2026) +48.3 % p.a.
Revenue per share +20.9 pp

of which total revenue +20.9 pp · buybacks/dilution +0.0 pp

EBIT margin +25.6 pp
Tax rate −1.5 pp
Residual (interest, one-offs) +3.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

WELINV screens 19% overvalued. Compare with Mirae Asset Securities Co →

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Cite: Fair Value Calculator (2026). "Welspun Investments and Commercials Limited Fair Value". https://www.fairvalue-calculator.com/stock/WELINV

Peer Group

Capital Markets · 425 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 43 · Below median
Fair Value upside −19% · Below median
Return on equity (TTM) 0% · Below median
Return on assets 0% · Below median
Net margin (TTM) 58% · Top 25%
Operating margin (TTM) -131% · Bottom 25%
Revenue growth 186% · Top 25%

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 223.5× · Pricier than 75% of peers
P/B 0.98× · Cheaper than median

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 8 · sector 13
FUTURE 100 · sector 96
PAST 2 · sector 31
HEALTH 100 · sector 93
DIVIDEND 0 · sector 36

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 Capital Markets stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Mirae Asset Securities Co 006800 38,050 KRW 18,009 KRW -53%
Meritz Financial Group 138040 118,600 KRW 52,717 KRW -56%
Korea Investment Holdings 071050 200,500 KRW 189,335 KRW -6%
NH Investment & Securities Co 005940 28,550 KRW 22,396 KRW -22%
Samsung Securities Co 016360 93,100 KRW 75,573 KRW -19%
Kiwoom Securities Co 039490 299,000 KRW 214,812 KRW -28%
SSI Securities Corporation SSI 25,300 VND 17,375 VND -31%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 294.30 ARS -6%
Daishin Securities Co 003540 26,950 KRW 48,790 KRW +81%
SK Securities Co 001515 4,285 KRW 1,395 KRW -67%

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Frequently asked questions

Is Welspun Investments and Commercials Limited (WELINV) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹1,517 versus a price of ₹1,875, about −19% (overvalued).
What is the fair value of WELINV?
Our model-based fair value for Welspun Investments and Commercials Limited is ₹1,517 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹1,875.
What is the quality score of WELINV?
Welspun Investments and Commercials Limited has a Quality Score of 44/100. 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 Investments and Commercials Limited (WELINV)?
Welspun Investments and Commercials Limited reported trailing-twelve-month revenue of about ₹52.2M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of WELINV?
The net profit margin of Welspun Investments and Commercials Limited is about 58.0%, meaning it keeps roughly 58.0% of revenue as net income. Based on the latest reported figures.

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.

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