Welspun Future Growth

Future criteria checks 2/6

Welspun is forecast to grow earnings and revenue by 15.2% and 14.8% per annum respectively. EPS is expected to grow by 15.8% per annum. Return on equity is forecast to be 17.8% in 3 years.

Key information

15.2%

Earnings growth rate

15.8%

EPS growth rate

Metals and Mining earnings growth	30.2%
Revenue growth rate	14.8%
Future return on equity	17.8%
Analyst coverage	Low
Last updated	14 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BSE:532144 - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	226,086	14,880	468	15,694	3
3/31/2026	193,271	12,833	-12,877	10,568	4
3/31/2025	167,504	9,840	-8,634	9,611	3
9/30/2024	156,499	10,955	1,628	6,657	N/A
6/30/2024	164,076	11,932	N/A	N/A	N/A
3/31/2024	173,396	11,104	10,070	13,060	N/A
12/31/2023	169,486	10,779	N/A	N/A	N/A
9/30/2023	146,012	8,092	13,098	17,284	N/A
6/30/2023	125,056	3,680	N/A	N/A	N/A
3/31/2023	97,581	2,067	-13,793	-1,851	N/A
12/31/2022	76,990	2,069	N/A	N/A	N/A
9/30/2022	67,385	2,295	-21,777	-6,989	N/A
6/30/2022	63,168	3,487	N/A	N/A	N/A
3/31/2022	65,051	4,388	-7,607	2,185	N/A
12/31/2021	55,143	4,703	N/A	N/A	N/A
9/30/2021	55,840	6,022	-5,019	1,037	N/A
6/30/2021	53,748	6,695	N/A	N/A	N/A
3/31/2021	71,526	7,786	4,551	7,745	N/A
12/31/2020	71,572	5,454	N/A	N/A	N/A
9/30/2020	86,912	5,846	10,944	12,281	N/A
6/30/2020	97,706	6,057	N/A	N/A	N/A
3/31/2020	98,078	6,735	4,732	6,481	N/A
12/31/2019	98,086	4,082	N/A	N/A	N/A
9/30/2019	92,626	2,311	4,542	6,200	N/A
6/30/2019	91,380	1,411	N/A	N/A	N/A
3/31/2019	87,255	682	5,631	6,233	N/A
12/31/2018	84,221	1,309	N/A	N/A	N/A
9/30/2018	81,231	1,673	N/A	N/A	N/A
6/30/2018	77,552	1,503	N/A	N/A	N/A
3/31/2018	61,812	1,810	N/A	9,814	N/A
12/31/2017	76,500	2,362	N/A	N/A	N/A
9/30/2017	65,070	1,659	N/A	N/A	N/A
6/30/2017	56,407	905	N/A	N/A	N/A
3/31/2017	56,867	264	N/A	4,025	N/A
12/31/2016	68,579	399	N/A	N/A	N/A
9/30/2016	73,474	969	N/A	N/A	N/A
6/30/2016	82,761	2,187	N/A	N/A	N/A
3/31/2016	70,623	1,518	N/A	3,543	N/A
12/31/2015	88,110	3,482	N/A	N/A	N/A
9/30/2015	90,486	2,788	N/A	N/A	N/A
6/30/2015	89,577	1,829	N/A	N/A	N/A
3/31/2015	84,505	690	N/A	9,011	N/A
12/31/2014	75,842	-621	N/A	N/A	N/A
9/30/2014	71,367	-721	N/A	N/A	N/A
6/30/2014	68,816	-318	N/A	N/A	N/A
3/31/2014	77,047	734	N/A	2,270	N/A
12/31/2013	107,840	-327	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532144's forecast earnings growth (15.2% per year) is above the savings rate (6.7%).

Earnings vs Market: 532144's earnings (15.2% per year) are forecast to grow slower than the Indian market (17.9% per year).

High Growth Earnings: 532144's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532144's revenue (14.8% per year) is forecast to grow faster than the Indian market (10.5% per year).

High Growth Revenue: 532144's revenue (14.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 532144's Return on Equity is forecast to be low in 3 years time (17.8%).

Welspun Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.3% to ₹708

Consensus EPS estimates fall by 19%, revenue upgraded

Consensus revenue estimates increase by 19%

Price target increased by 11% to ₹566

Consensus EPS estimates fall by 30%, revenue upgraded

Price target increased to ₹288

Recent updates

Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Welspun Corp Limited Announces Change of Company Secretary and Compliance Officer

High number of new directors

Welspun Corp Limited to Report Q2, 2025 Results on Nov 08, 2024

Welspun Corp Limited Announces Retirement of Amita Misra as Independent Director

New major risk - Revenue and earnings growth

Welspun Corp Limited Declares Dividend for the Financial Year Ended March 31, 2024

Welspun Corp Limited, Annual General Meeting, Sep 26, 2024

Price target increased by 8.3% to ₹708

First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Welspun Corp Limited to Report Q1, 2025 Results on Aug 07, 2024

Consensus EPS estimates fall by 19%, revenue upgraded

Welspun Corp Limited Recommends Equity Dividend

Welspun Corp Limited to Report Q4, 2024 Results on May 30, 2024

Welspun Corp Limited Approves the Appointment of Paras Shah as Interim Company Secretary, Compliance Officer and Nodal Officer

Insider recently sold ₹3.6m worth of stock

MD, CEO & Executive Director recently sold ₹243m worth of stock

Consensus revenue estimates increase by 19%

Price target increased by 11% to ₹566

Third quarter 2024 earnings released: EPS: ₹11.15 (vs ₹0.89 in 3Q 2023)

Welspun Corp Limited to Report Q3, 2024 Results on Feb 06, 2024

Insider recently sold ₹5.5m worth of stock

Insider recently sold ₹5.5m worth of stock

Second quarter 2024 earnings released: EPS: ₹14.71 (vs ₹2.16 loss in 2Q 2023)

Welspun Corp Limited to Report Q2, 2024 Results on Nov 08, 2023

Welspun Corp Limited Declares Dividend for the Financial Year Ended March 31, 2023

Key Executive recently sold ₹11m worth of stock

Investor sentiment improves as stock rises 15%

Welspun Corp Limited, Annual General Meeting, Sep 22, 2023

Welspun Corp Limited, Annual General Meeting, Sep 22, 2023

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹7.0m worth of stock

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Welspun Corp Limited to Report Q1, 2024 Results on Aug 04, 2023

Insider recently sold ₹4.1m worth of stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Welspun Corp Limited Recommends Dividend

Welspun Corp Limited to Report Q4, 2023 Results on May 30, 2023

Welspun Corp Limited Appoints Neeraj Kant as CEO - Steel Vertical

Third quarter 2023 earnings released: EPS: ₹0.89 (vs ₹2.42 in 3Q 2022)

Consensus EPS estimates fall by 30%, revenue upgraded

Welspun Corp Limited Appoints Manish Chokhani as Non Executive Independent Director

Welspun Corp Limited Appoints Manish Chokhani as Non Executive Independent Director

Welspun Corp Limited to Report Q3, 2023 Results on Feb 02, 2023

Welspun Corp Limited Appoints Kumar Priyaranjan as Chief Human Resources Officer

Investor sentiment improved over the past week

Welspun Reportedly Set to Acquire 70% Debt of Sintex BAPL

Price target increased to ₹288

Second quarter 2023 earnings released: ₹2.16 loss per share (vs ₹3.25 profit in 2Q 2022)

Welspun Corp Limited (BSE:532144) entered into an agreement to acquire Propel Plastic Products Private Limited from Balkrishan Goenka for INR 0.01 million.

Welspun Corp Limited to Report Q2, 2023 Results on Nov 03, 2022

Welspun Corp Wins Bid for ABG's Shipyards

Welspun Corp Limited (BSE:532144) acquired Assets of ABG Shipyard Limited for INR 6.59 billion.

Insider recently sold ₹11m worth of stock

Investor sentiment improved over the past week

Welspun Corp Limited (BSE:532144) acquired entire share capital of Welspun Corp Limited (BSE:532144) for INR 0.1 million.

Insider recently sold ₹1.7m worth of stock

Insider recently sold ₹1.6m worth of stock

Welspun Corp Limited to Report Q1, 2023 Results on Aug 04, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Welspun Corp Limited, Annual General Meeting, Jul 29, 2022

Welspun Corp Limited, Annual General Meeting, Jul 29, 2022

Welspun Corp Limited Announces Change in Directorate

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Welspun Corp Limited Recommends Dividend for the Financial Year 2022

Welspun Corp Limited to Report Q4, 2022 Results on May 27, 2022

Investor sentiment deteriorated over the past week