Close 10 Sep 1505 scanned A
NIFTY 5023,477.80+0.20%
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INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

WELENT

Welspun Enterprises Limited
ConstructionMid capRs 10,821 crRs 38.0 cr traded a day
Close on 10 September 2026
797.95
+1.93%
52-week range96% of the way up
415.75813.60
Market cap
10,821 cr
P/E (TTM)
33.1×
industry 21×
EPS (TTM)
24.11
Revenue YoY
-14.7%
Q1 FY27
Profit YoY
-48.6%
Net margin
7.3%
-4.8pt vs a year ago
Growth trend
-60.8pt
vs last quarter’s YoY
1 month
+39.0%
Below 52w high
2.0%
RSI (14)
79
overbought
Daily swing
4.2%
average true range
Volume
0.3×
vs 20-day average
Traded
Rs 38 cr
median day
Close200-day averageMaterial filing
400600800Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Top of the universe
+50.0%
One-year return
Top of the universe
+45.6%
Return on capital employed
Below the median
10.1%
Debt to equity
Bottom of the universe
0.65×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
34%
Revenue growth, year on year
latest reported quarter
-14.7%
Below the 52-week high
from the highest close of the year
-1.9%
1 week
+4.34%
1 month
+39.00%
3 months
+42.40%
6 months
+70.96%
1 year
+45.56%

The read

written from the numbers on this page
The evidence leans constructive6 supporting, 4 against, 1 worth knowing

Supporting

  • trading 50% above its 200-day average
  • sitting at 96% of its 52-week range, with little overhead supply from trapped buyers
  • up 46% over twelve months
  • matches profit on paper, not in cash, which has beaten the market by +1.99 points over 20 sessions across 3,884 past signals
  • 5 of the scans it matches have a positive measured record
  • 5 independent kinds of evidence agree today, which is uncommon

Against

  • 1 of the scans it matches has historically underperformed the market
  • revenue fell 15% year on year in the quarter ending 30 June 2026
  • net margin has narrowed from 8.9% to 7.3% across four quarters
  • priced at 33× earnings against an industry median of 21× — 59% above its peers

Worth knowing

  • RSI at 79 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
What would change this read: a close below 532, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working5

No segment exceeds 41% of revenue, across 3 reported segments.

41%3

Trading 50.0% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.

+50.0%

Within 1.9% of its 52-week high.

-1.9%

Up 45.6% over the past year.

+45.6%

3 different kinds of evidence point at it tonight, not 3 versions of the same one.

3 families
Needs watching3

Operating cash flow was Rs 112 cr, only 34% of the Rs 327 cr reported profit.

Rs 112 crRs 327 cr34%

Net profit -8.4% year on year, Rs 62 cr to Rs 56 cr.

-8.4%Rs 62 crRs 56 cr

A warning rule fires on it tonight: stretched far above trend.

Stretched far above trend
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 2 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window+4.3%+5.1 pt vs market1W+39.0%+40.1 pt vs market1M+42.4%+39.7 pt vs market3M+71.0%+54.3 pt vs market6M+45.6%+48.7 pt vs market1Y

What the scans say today

8 of 47 matched on 10 Sep
WELENT matches 8 of the 47 scans today, across 5 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

What this company does

segments and revenue mix, as the company reports them
WELENT reports 3 business segments. The largest is Water at 41% of revenue in the quarter ending 30 June 2026.
SegmentRevenueSharevs a year ago
Water316 cr40.8%
Transport273 cr35.2%
Tunneling and Rehabilitation185 cr24.0%
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.

Quality of the business

balance sheet as at 31 March 2026
Return on equity
10.7%
trailing profit over shareholders’ funds
Return on capital
10.1%
pre-tax profit over equity plus borrowings
Debt to equity
0.65×
1,972 cr borrowed against 3,044 cr of equity
Net debt
1,798 cr
borrowings less cash
Cash conversion
34%
operating cash flow as a share of profit
Receivable days
51
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 26 September 2024
19×
median 22×
26×
now 33×
WELENT trades at 33× trailing earnings, above its median of 22× over this window — 51% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
08-24
13:22
Other filing
The Exchange has sought clarification from Welspun Enterprises Ltd on August 24, 2026, with reference to Movement in Volume. The reply is awaited.
1 day+2.75 days+6.220 days
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Results filings were typically -0.51pt vs the market over the next 5 sessions (n=7,726)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
7078219077898677871.2k77411.3%3.9%13.6%7.3%Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • nothing clear in the filed numbers

Going against it

  • revenue fell 15% against the same quarter a year earlier
  • profit dropped 49% year on year
  • net margin narrowed from 13.6% to 7.3%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
774121565.947.3%
Q4 FY26
31 Mar · consolidated
1,19920616310.8513.6%
Q3 FY26
31 Dec · consolidated
78760311.943.9%
Q3 FY25
31 Dec · consolidated
867117775.208.9%
Q2 FY25
30 Sep · consolidated
789102624.297.8%
Q1 FY25
30 Jun · consolidated
9071541107.1812.1%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+25.7%
Versus 200-day average+50.0%
Below 52-week high-1.9%
Above 52-week low+91.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)79.1
Higher closes in last 53 of 5
Six-month return+70.96%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.23%
Volume versus 20-day0.3x
Median daily turnoverRs 38.0 cr

Peers

Construction · 23 classified companies
WELENT trades at 33.1× trailing earnings against an industry median of 20.8× across 22 other classified companies in its industry — more expensive than them, by 59%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
LT544,10927.7−1.62%+8.52%515.3
RVNL42,86847.9−10.61%−42.71%80.1
KPIL24,45921.7+2.52%+15.23%20.4
IRB24,04725.2+3.00%−54.19%11.5
NBCC22,66429.6−8.93%−26.98%43.9
CEMPRO21,50835.8−0.78%+56.21%26.8
ENGINERSIN15,29019.5+13.73%+30.98%81.7
TECHNOE11,37226.9−0.53%−31.55%15.4
KEC11,00619.9−6.42%−52.27%29.8
IRCON10,83620.8−8.69%−36.72%13.7
WELENT10,82133.1+39.00%+45.56%38.0
RITES10,13122.0−5.70%−20.31%6.2
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
4 Sep2Rising on most days lately, Made a new 52-week high today
2 Sep1Made a new 52-week high today
26 Aug2Rising on most days lately, Made a new 52-week high today