Home MarketWelspun India Ltd.

Welspun India Ltd. Stock Info: As on 2017-12-12 15:55:24

Nse

70.00

-0.80(-1.13%)
Change%
52 Week Range
60.40
26.00
99.70
3.00
Open70.70
Day's Range56.64 - 84.96
Value Traded (in ₹ Cr.) 12.81

Bse

70.15

-0.75(-1.06%)
Change %
52 Week Range
60.00
5.00
99.55
3.00
Open70.90
Day's Range56.72 - 85.08
Value Traded (in ₹ Cr.) 2.54

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 734,833,180.00 73.14%
IndianPromoters 3,444,010.00 0.34%
Mutual Funds/UTI 13,812,233.00 1.37%
FII 118,224,632.00 11.77%
Employee 0.00 0.00%
Public 89,632,070.00 8.92%
Government 0.00 0.00%
Others 44,040,590.00 4.38%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 2.05
Basic EPS (Rs.) 5.99
Cash EPS 9.23
BVPerShare Excl 18.70
Operating Revenue 48.45
PBDITPerShare 13.22
Dividend 0.00
NPPerShare 5.99
Current Ratio 1.12
Quick Ratio 0.59
PriceToBV 5.31
Earnings 0.06
PBDIT Margin 27.27
PBT Margin 17.42
NP Margin 12.36
Return On Assets 11.39
Retention Ratios 78.29
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 4,961.64
Total Expenses 4,113.43
EBITDA 1,327.76
PBT 848.21
PAT 601.74
Net Income 601.74
More
Parameter Mar-16 (₹ Cr.) 6M % change
Total Income 2,573.70
Total Expenses 2,092.83
EBITDA 301.61
PBT 396.31
PAT 285.40
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 100.47
Net worth 1,878.52
Investments 643.01
Total Liability 5,282.61
Total debt 2,142.73
Net block 2,822.50
Total Assets 5,282.61
Parameter Mar-16 (₹ Cr.) 6M % change
Total share capital 100.47
Net worth 1,878.51
Investments 643.01
Total Liability 5,282.61
Total debt 2,142.73
Net block 2,822.51
Total Assets 5,282.61
Company Curr Price Prev. Close Change% W's Low/High

Welspun Global Brands Ltd.[Amalgamated]

58.1 58 0.17
5758.8
Company Curr Price Prev. Close Change% W's Low/High

NEO Infracon Ltd.

34.3 34.3 0
34.334.3

S R Industries Ltd.

25.7 25.7 0
24.5525.7

Vanasthali Textile Industries Ltd.

0.66 0.69 -4.34
0.660.66

Welspun Global Brands Ltd.[Amalgamated]

57 58.55 -2.64
5758
More
Parameter Mar-16(in ₹ Cr.)
Cash from operating activities 1,366.21
Cash from investing activities -805.23
Cash from financing activities -657.85
Net change in cash -96.87

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Reliance Growth Fund 0.38%
ICICI Prudential MidCap Fund 1.36%
Aditya Birla Sun Life Midcap Fund 0.56%
HSBC India Opportunities Fund 1.13%
Aditya Birla Sun Life Dividend Yield Plus 0.53%
LIC MF Mid Cap Fund 0.72%

REC to raise $400m through dollar bonds

State-run Rural Electrification Corporation (REC) is in the international bond markets with a benchmark issue to raise at least USD 400 million in three-year dollar money, reported PTI. The Corporation is in the US dollar market with a USD 400 million, three-year drawdown. The issuer has given an initial price guidance of 175 basis points over the US treasury, a source at one of the investment bankers told PTI. The corporation will price the issue towards the end of the Western market hours today, the source said, adding this is part of its USD 1 billion medium-term note programme. It can be noted that ahead of the US Fed's almost certainly expected rate hike later this month, a number of domestic companies have been tapping the foreign debt market lately. In October, domestic corporates had snapped up close to USD 4.8 billion in overseas debt, according to data from the central bank. Last week, ICICI Bank had raised USD 500 million in 10-year dollar money through its Dubai branch as part of its USD 7.5 billion medium-term notes programme. The issue was priced at 3.833 per cent. The country's largest private sector lender is also reportedly planning to tap the overseas debt market with a USD 500 million drawdown to cash in possible refinancing opportunities from domestic companies which have borrowed in foreign currencies in the past. The move comes after the Reserve Bank allowed lenders to borrow in foreign currencies, announced in its December 6 monetary policy, to help refinance domestic companies' forex debt. Meanwhile, global rating agency Moody's has assigned a Baa3 rating to Rural Electrification Corporation' proposed senior unsecured notes with a stable outlook. The bonds will have a maturity of three years and will be listed on the Singapore Exchange Securities Trading and the International Securities Market of the London Stock Exchange, Moody's said in a note today. Government owns 58.32 per cent in the company and its assets stood at Rs 2.2 trillion as of September-end.

12-12-2017 11:06

Pincon Spirit CMD Monoranjan Roy resigns

Pincon Spirit Chairman and Managing Director (CMD) Monoranjan Roy has resigned from the company. Last month, Roy was arrested by the Rajasthan police for allegedly duping 25,000 people in the state, who had invested money in the company's debenture. Monoranjan Roy, CMD of Pincon Spirit, has tendered his resignation from the Board of Directors of the company, Pincon Spirit said in a BSE filing. The company is in the process of filing the necessary forms with the ROC (Registrar of Companies) for giving effect to his resignation at the earliest, it added. Meanwhile, shares of the company were trading at Rs 30.10 apiece, down 0.82 per cent from the previous close at 11:00 hours on BSE.

12-12-2017 10:53

HCL Infosystems to allot 10.61 cr shares via rights issue

HCL Infosystems, an information technology services and solutions company, on Tuesday said it will allot 10,61,90,299 equity shares of face value Rs 2 each at a price of Rs 47 per Equity Share issued on a rights basis, to all eligible applicants. “On the basis of allotment in consultation with BSE Limited, the Rights Issue Committee of the Company in its meeting held on December 8, 2017, has approved the allotment of 10,61,90,299 Equity Shares of face value Rs 2 each at a price of Rs 47 per Equity Share (including a premium of Rs 45 per Equity Share) issued on a rights basis, to all eligible applicants, who have subscribed to the said issue and whose applications were valid,” HCL Infosystems said in a filing to the Bombay Stock Exchange. Pursuant to the above, the paid-up share capital of the Company stands increased to Rs 65.84 crore divided into 32,91,89,928 Equity Shares of Rs 2 each, it said. Meanwhile, shares of company were trading at Rs 49.35 apiece, down 0.50 per cent, on the Bombay Stock Exchange at 11:00 hours.

12-12-2017 10:45

IDBI Bank board approves stake sale in NEGIL

State-run IDBI Bank on Tuesday said that its board has approved sale of 1,20,00,000 equity shares NSDL-e-Governance Infrastructure Limited (NEGIL). “The board of director of IDBI Bank has approved sale of 1,20,00,000 equity shares NSDL-e-Governance Infrastructure Limited (NEGIL), constituting 30 per cent of its total paid up equity capital held by the bank,” IDBI Bank said in a filing to the Bombay Stock Exchange. Meanwhile, shares of bank were trading flat at Rs 60.60 apiece on the Bombay Stock Exchange at 10:40 hours.

12-12-2017 10:44

Mercator Petroleum updates on wells Jyoti 1&2

Mercator Petroleum Limited (MPL), a Mercator group company, on Tuesday said that an Independent Third Party Resource Certification for wells Jyoti 1 & 2 has given a 2P EUR (expected ultimate recovery with water injection) of 26.2 Million barrels of Oil in the discovery area. “As per earlier announced schedule, MPL has also commenced drilling in the Seventh exploratory well on 6th December, 2017,” MPL said in a filing to the Bombay Stock Exchange. The drilling is expected to be completed by March'18. During the ongoing campaign, testing of already drilled wells is also planned which may open additional areas for exploration, it said. MPL had earlier submitted a field development plan, to the Directorate General of Hydrocarbons (DHG), for an estimated reserves of 23 million barrel of recoverable Oil. Meanwhile, shares of company were trading at Rs 37.25 apiece, up 1.36 per cent, on the Bombay Stock Exchange at 10:45 hours.

12-12-2017 10:39

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending Centrum Broking Limited- 3rd Annual Textiles Insights Day Conference 2017, details of which is as under:

Date Organised by Place
December 08, 2017 Centrum Broking Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

07-Dec-2017 11:56 AM

Welspun India - Analysts/Institutional Investor Meet/Con. Call Updates

Welspun India Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

07-Dec-2017 11:54 AM

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending ICICI Securities Limited- Apparels and Textiles Day Conference 2017, details of which is as under:

Date Organised by Place
December 07, 2017 ICICI Securities Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

06-Dec-2017 12:45 PM

Welspun India - Analysts/Institutional Investor Meet/Con. Call Updates

Welspun India Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

06-Dec-2017 12:44 PM

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending Edelweiss Global Wealth Management - Emerging Ideas Conference 2017, details of which is as under:

Date Organised by Place
December 04, 2017 Edelweiss Broking Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

01-Dec-2017 11:53 AM

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending Centrum Broking Limited- 3rd Annual Textiles Insights Day Conference 2017, details of which is as under:

Date Organised by Place
December 08, 2017 Centrum Broking Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

07-Dec-2017 11:56 AM

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending ICICI Securities Limited- Apparels and Textiles Day Conference 2017, details of which is as under:

Date Organised by Place
December 07, 2017 ICICI Securities Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

06-Dec-2017 12:45 PM

Welspun India - Analyst / Investor Meet - Intimation

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will be attending Edelweiss Global Wealth Management - Emerging Ideas Conference 2017, details of which is as under:

Date Organised by Place
December 04, 2017 Edelweiss Broking Limited Mumbai

This is to further inform that copy of the latest presentation, which would be used in the investor meeting, was uploaded on the website of the Company on www.welspunindia.com and on the Stock Exchange(s) website(s) on November 08, 2017.

Kindly note that changes may happen due to exigencies on the part of the Host / Company.

01-Dec-2017 11:53 AM

Corporate Details

About Management

YEAR EVENTS 1985 - Welspun (I) Limited was incorporated on 17th January, as a Private Limited Company in the name and style of Welspun Winilon Silk Mills Pvt. Ltd. at Mumbai. The Main Object of the Company is to manufacture Polyester filament yarns and texturised yarns. The Company was promoted by G.R.G. group headed by G.R. Goenka. 1986 - It has established yarn texturising unit at Palghar, District Thane with one texturising machine of 216 spindles for producing 797.5 MT yarns per annum. 1989 - In March, another texturising unit of the same capacity was set up at Silvassa. 1990 - A modern polyester filament flat yarn manufacturing unit was set up at Achhad, District Thane, with a capacity of 605 MT per annum. 1991 - The capacity of company increased from 2,200 MT to 3,500 MT per annum. - 18,00,000 shares issued (prem. Rs 5 per share) out of which 90,000 shares reserved and allotted to employees on 17,10,000 shares offered to the public in October, 1991. Additional 2,70,000 shares were allotted to retain oversubscription (2,56,500 shares to the public and 13,500 shares to the employees). 1993 - The Company undertook to set up a cotton spinning project with 15,000 spindles at Village Morai, near Vapi, Gujarat for manufacture of terry towels. - The company also proposed to set up a POY project with a capacity of 15,000 MTPA at Silvassa, Dadra, Nagar Haveli. - The Company issued equity shares of Rs 10 each at a premium of Rs 40 per share as follows: - (i) 49,05,000 shares to shareholders on rights basis in the ratio of 3:2; - (ii) 5,20,000 shares to Mutual Funds and Banks (only 2,24,999 shares were taken up) and - (iii) 2,60,000 shares to the employees (only 1099 shares were taken up); - (iv) 10,00,000 shares to promoters (all were taken up); - (v) 34,20,000 shares to Indian public and NRI through prospectus (45,60,706 and 1,46,119 shares allotted to public and NRI respectively. 1994 - The company expanded the terry towel production capacity from 3100 MTPA to 5200 MTPA. The Company has already commissioned power generating sets for 4.10 MW. Moreover, it was setting up power generating sets to generate 40 MW of power for capitive consumption by terry towel and cotton spinning units. - The company was setting speciality polyester filament yarn project with a capacity of 14500 MTPA p.a. alongwith 5 nos. of texturising machines with an installed capacity of 4000 MTPA at Silvassa. For this project, the company acquired state-of-the-art plant from Rieter automatic GMBH, Germany. - In order to part finance the aforesaid expansion and diversification, the company proposed to issue equity shares of Rs 10 each for cash at a premium of Rs 50 per share. - 101,05,000 shares issued on rights cum public issue. 1995 - 21,584 spindles and 240 rotors were added to the cotton spinning division. - The name of the Company was changed from "Welspun Polyesters (India) Ltd." to "Welspun India Ltd." w.e.f. 12th October. - 7,50,000 Pref. shares issued during the year. 1996 - The polyester yarn division of the company at Silvassa was leased to M/s. Welspun Syntex Ltd. to concentrate on natural fibre and related business. - The Company decided to add 36 electronic Jacquard looms considering demand for superior quality towels like Jacquard. - The Company proposed to establish a 100% EOU for manufacturing terry towels for exports at Vapi, Gujarat as a measure of diversification. - The Company entered into a joint venture agreement with Vincenzo Zucchi SPA, Italy for the manufacture of Terry Bathrobes and Terry made-ups at its 100% EOU plant in Vapi Gujarat. 2000 - The Company has informed that, a wholly-owned subsidiary in the name of Welspun USA Inc. has been incorporated in the USA. - The Company demerger for hiving off of the company's cotton yarn unit into a separate company and compromise with the lenders of the company. 2001 - Demerger of the spinning division of the company into a separate company viz. Welspun Cotton Yarn Ltd. - Credit Rating and Information Services of India Ltd. has downgraded its rating in respect of the company's NCDs from `B' to `D'. 2004 -Welspun India bags International vendor of the year award from WAL-MART -Welspun India wins operational excellence award for 2003 -Welspun India appoints Angshuman Singh as CEO 2005 - Delists equity shares of the Company from The Stock Exchange Ahmedabad (ASE) with effect from January 28, 2005. 2006 -Welspun India Ltd has appointed Ms Revathy Ashok as an Additional Director of the Company. 2008 - Welspun India Ltd has appointed Mr. Ram Gopal Sharma as an additional director of the Company with effect from August 25, 2008. -Registered Office of the Company has been shifted To Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat - 370110 -Registered Office of the Company has been shifted To Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch, Gujarat - 370110. 2009 - Welspun India Ltd has appointed Mr. B K Goenka as the Chairman and Managing Director of the Company -Mr. Shashikant Thorat has been appointed as 'Assistant Company Secretary' and the Compliance Officer of Welspun India Limited 2010 -"Welspun India successfully priced Rs. 156.03 Crore Qualified Institutions Placement (QIP)" 2011 -Welspun India Ltd has appointed Mr. B.K. Goenka as the Executive Chairman & Mr. Rajesh R. Mandawewala as the Managing Director 2012 -Mr. Arun Todarwal has been appointed as an additional director of the company -Welspun India Ltd has recommended Interim Dividend of Rs 2 per equity share. 2013 -Welspun Corp Ltd announces the sale of its stake in Leighton Welspun India for USD 99 million. -Welspun India Ltd has recommended a dividend at the rate of 20% for the financial year. -Welspun India Ltd has "Allotment of 41,000 equity shares under ESOP and Increase in Paid up Share Capital". -Welspun India Ltd has appointed Mrs. Dipali Goenka as an Executive Director of the Company with effect from April 01, 2013. 2014 -Welspun Corp bags new orders to take its order book to Rs. 5,800 crores. -Annual volumes at an all-time high; Order Booking of more than a million ton. -Welspun India Ltd has recommended a dividend at the rate of 30% for the financial year. -Welspun India Ltd has allotted 23,500 equity shares to various employees of the Company who had exercised their options under ESOP scheme of the Company. 2015 -Welspun Enterprises awarded with Package 1 of the Delhi-Meerut Expressway Project -Welspun commissions 32 MW solar power plant in Bathinda -Welspun India introduces online retail portal -Leading Global Companies Simplify Their HR with SAP

Registered Office

Welspun City, Tal. Anjar,

02836-661111,,,      02836-279010,

companysecretary_wil@welspun.com

http://www.welspunindia.com

Registrar Details

Link Intime India Pvt. Ltd.