Latest news with #WelspunLivingLtd
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Business Standard
11 hours ago
- Business
- Business Standard
Welspun Living to launch large-scale skilling programme for textile sector
Home textiles manufacturer Welspun Living Ltd on Thursday said it has inked an agreement with the National Skill Development Corporation (NSDC) to launch a large-scale skilling and employment initiative focused on operator-level roles in the textile sector. Under this initiative, Welspun Living will train and certify 1,000 candidates in its pilot phase, with at least 50 per cent women participation, particularly from underrepresented regions such as the North-Eastern states and Uttarakhand, the company said in a statement. The total investment for the program amounts to Rs 4.25 crore. "This partnership reflects our commitment to inclusive and sustainable growth. By focusing on women from North East and Uttarakhand, we are not only bridging skill gap but also unlocking pathways to economic independence, self-worth, and generational impact," Welspun Living MD and CEO Dipali Goenka said. The program will be conducted at Welspun's facilities in Anjar and Vapi in Gujarat in a combination of classroom-based training and on-the-job training in key technical areas such as machine handling, production processes, quality control, safety protocols, and soft skills. Upon successful completion, all trainees will receive a joint certification from NSDC and Welspun and be assured of captive employment within Welspun's textile operations. "Skill development is not just about employment, it is about creating opportunities and empowering people with the ability to transform their futures. Through our collaboration with NSDC, we aim to create a more inclusive and future-ready textile workforce, and contribute to boost economic growth," Welspun Living Ltd Chief Human Resources Officer Rajesh Jain added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Yahoo
30-05-2025
- Business
- Yahoo
Welspun Living Ltd (BOM:514162) Q4 2025 Earnings Call Highlights: Navigating Growth Amid Global ...
Consolidated Revenue: INR10,697 crores for FY25, an 8.8% year-on-year growth. Q4 Revenue: INR2,648 crores, up by 1.2% year-on-year. EBITDA Margin: 13.6% for FY25; Q4 EBITDA margin at 12%. Profit After Tax (PAT): INR639 crores for FY25, compared to INR681 crores last year. EPS: INR6.70 per share for FY25, down by 5% from the previous year. Net Debt: INR1,603 crores, an increase of INR248 crores from last year. Home Textile Revenue: INR8,804 crores for FY25, up by 10.8% year-on-year. Domestic Retail Business: INR605 crores for FY25, a growth of over 5%. Flooring Revenue: INR727 crores for FY25, a decrease of 7% year-on-year. Advanced Textile Revenue: INR562 crores for FY25, growing by 7.8%. CapEx: INR701 crores for FY25, with a planned CapEx of INR300 crores for FY26. Dividend Distribution: Proposed 170% dividend for FY25, amounting to INR163 crores. Warning! GuruFocus has detected 3 Warning Signs with BOM:514162. Release Date: May 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Welspun Living Ltd (BOM:514162) surpassed the INR10,000 crores revenue mark, achieving a consolidated revenue of INR10,693 crores, an 8.8% year-on-year growth. Emerging businesses contribute approximately 30% to the total revenue, showcasing a strong diversified portfolio. The company achieved a significant milestone in sustainability, securing a total ESG score of 83 in the 2024 S&P Global Corporate Sustainability Assessment, ranking fourth globally in its category. Welspun Living's domestic retail business grew over 5% in FY25, reaching INR605 crores, with strong growth momentum in the e-commerce segment, which grew 100% in FY25. The company is expanding its product portfolio for domestic markets through acquisitions, such as acquiring 84.3% equity in a home furnishings company, expected to reach a revenue of INR100-plus crores in three years. The EBITDA margin for Q4 stood at 12%, down 20% year-on-year, primarily due to lower offtake than expected. Profit after tax for the quarter decreased to INR132 crores from INR146 crores year-on-year, with a full-year PAT of INR639 crores, down from INR681 crores. The flooring business recorded a revenue of INR727 crores, declining by 7% in FY25, facing challenges due to US tariffs and other uncertainties. The company experienced margin compression in Q4 due to cautious order patterns from customers ahead of tariff implementation. Welspun Living Ltd (BOM:514162) is unable to provide firm guidance for the current financial year due to prevailing global headwinds and uncertainties. Q: What caused the sharp degrowth in the branded segment of home textiles this quarter, and what is the growth outlook for this segment? A: In India, the branded segment grew annually by 3% despite economic challenges, with a 16% growth in B2C in Q4. The company is targeting a 30% growth in the domestic market this year. The global branded segment remained flat due to order shifts from Q4 to Q1, but overall, the branded business grew by 21% in Q4. Q: Why is the flooring segment struggling despite easing supply chain issues? A: The flooring segment was impacted by tariff uncertainties, leading to cautious order patterns. However, there is optimism due to the China Plus One strategy and partnerships with home improvement chains. Domestic flooring grew by 12% this year, and the company is confident about future growth. Q: How are US tariffs affecting margins and what strategies are in place to mitigate these impacts? A: The US tariffs have introduced uncertainty, but the company is working closely with customers and consulting with a big four firm to minimize impacts. The company has diversified its revenue mix, reducing US dependency from 80% to 60-65%, and is focusing on growth in other regions like the UK and Europe. Q: What is the impact of the UK Free Trade Agreement (FTA) on Welspun's business, and are there opportunities in flooring in the UK? A: The UK FTA presents a significant opportunity, leveling the playing field with Pakistan and Bangladesh. The company is seeing positive retailer engagement and expects growth in towels, sheets, and flooring. The FTA will enhance competitiveness and market share in the UK and Europe. Q: What are the company's plans for capacity expansion to meet new demand in the EU? A: Welspun is increasing its capacity by 10% with a new plant expected to start soon, and additional capacity by Q3 to Q4. This expansion will support growth in all markets, including the UK, leveraging the opportunities presented by the FTA. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
07-05-2025
- Business
- Business Standard
Volumes jump at Welspun Living Ltd counter
Welspun Living Ltd saw volume of 773.26 lakh shares by 14:14 IST on NSE, a 48.24 fold spurt over two-week average daily volume of 16.03 lakh shares K P R Mill Ltd, Vardhman Textiles Ltd, Endurance Technologies Ltd, Piramal Enterprises Ltd are among the other stocks to see a surge in volumes on NSE today, 07 May 2025. Welspun Living Ltd saw volume of 773.26 lakh shares by 14:14 IST on NSE, a 48.24 fold spurt over two-week average daily volume of 16.03 lakh shares. The stock increased 13.70% to Rs.137.00. Volumes stood at 8.75 lakh shares in the last session. K P R Mill Ltd clocked volume of 37.41 lakh shares by 14:14 IST on NSE, a 17.72 times surge over two-week average daily volume of 2.11 lakh shares. The stock gained 6.46% to Rs.1,084.90. Volumes stood at 2.16 lakh shares in the last session. Vardhman Textiles Ltd clocked volume of 20.04 lakh shares by 14:14 IST on NSE, a 12.18 times surge over two-week average daily volume of 1.64 lakh shares. The stock gained 3.72% to Rs.468.25. Volumes stood at 1.46 lakh shares in the last session. Endurance Technologies Ltd registered volume of 7.9 lakh shares by 14:14 IST on NSE, a 10.69 fold spurt over two-week average daily volume of 73905 shares. The stock rose 11.06% to Rs.2,078.30. Volumes stood at 73118 shares in the last session. Piramal Enterprises Ltd witnessed volume of 37.14 lakh shares by 14:14 IST on NSE, a 9.31 times surge over two-week average daily volume of 3.99 lakh shares. The stock increased 7.26% to Rs.1,032.70. Volumes stood at 7.02 lakh shares in the last session.
