NSE: WELINV · BSE: 533252
WELSPUN INV & COMM LTD
Operates as a Core Investment Company (CIC) with no subsidiaries, holding an investment portfolio of Rs. 74,696.87 lakh and earning primarily through investment and finance activities. For the year ended March 31, 2020, the Finance segment accounted for 91.8% of period segment revenue at Rs. 7.6202 crore, with Non Finance - Trading contributing the remaining 8.2% at Rs. 0.6778 crore. FY26 total income stood at Rs. 522.39 lakh with profit after tax of Rs. 303.06 lakh, a decline from Rs. 370.25 lakh in FY25 driven by lower interest income and higher employee costs of Rs. 79.25 lakh versus Rs. 9.80 lakh the prior year. Other Comprehensive Income swung sharply negative to -Rs. 6,059.16 lakh reflecting mark-to-market losses on equity investments, which reduced reserves to Rs. 66,801.32 lakh from Rs. 72,557.42 lakh. The company's largest cost line is employee expenses at 15.2% of revenue, with other operating expenses at 7.1%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Finance (92%), Non Finance - Trading (8%). Asset-light holding and investment company, dependent on interest income and mark-to-market movements on its equity portfolio
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 4 | 8 | 4 | 5 | 5 |
| EBITDA (ex other income) | 4 | 7 | 4 | 5 | 4 |
| margin % | 92.1 | 95.6 | 90.0 | 93.3 | 77.6 |
| Owners' profit | 2 | 5 | 3 | 4 | 3 |
| EPS, as reported (₹) | 6.75 | 15.00 | 7.60 | 10.13 | 8.29 |
| ROE % · ROCE % | 1.7 · — | 2.9 · — | 0.6 · — | 0.5 · — | 0.5 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (1) | (2) | (1) | (2) | (2) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 0 | 0 | 0 | 5 | 0 | 0 | 0 |
| Profit before tax | 5 | 0 | (0) | (0) | 5 | (0) | (0) | (0) |
| Net profit | 4 | 0 | 0 | (0) | 3 | (0) | (0) | (0) |
| EPS (₹) | 9.89 | 0.18 | 0.00 | (0.55) | 9.55 | (0.35) | (0.36) | (0.41) |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Consolidated profit rises sharply after Vishwakarma Realty acquisition | results | high | — | — |
| 23 Oct 2026 · Board to approve September quarter and half-year results | results | low | — | — |
| 16 Oct 2026 · Reg 74(5) Compliance Certificate for Quarter Ended September 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · Voting results of 18th AGM - all 3 resolutions passed with near-unanimous support | compliance | low | — | — |
| 30 Sept 2026 · Welspun Inv 18th AGM: 3 resolutions passed incl related party investment | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 FY27 results | compliance | minimal | — | — |
| 7 Sept 2026 · Newspaper publication of AGM notice submitted to stock exchanges | compliance | minimal | — | — |
| 7 Sept 2026 · Newspaper publication of 43rd AGM notice (Pre-dispatch) | compliance | minimal | — | — |
| 4 Sept 2026 · Annual Report FY26 and AGM notice with material related party transaction proposal | results | high | — | — |
| 4 Sept 2026 · 18th AGM notice with 1,000 Cr related party investment for shareholder approval | board shareholder meetings | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.