Who are Welspun Living's main competitors?

Named competitors: Trident Limited (TRIDENT.NS), Vardhman Textiles (VTL.NS), Indo Count Industries (ICIL.NS). The cockpit's measured peer set (industry) also includes Central Garden & Pet (CENT), Shanghai M&G Stationery (603899.SS), Anhui Korrun (300577.SZ), Prada (1913.HK), Kering (KER.PA), Christian Dior (CDI.PA).

How has Welspun Living stock performed?

Over six months to 6 Nov 2026 the shares returned +82.5% against -1.3% for the median peer; over one year +82.3%.

← CockpitCompetitor Analysis › WELSPUNLIV.NS Welspun LivingOpen in the cockpit ↗

Welspun LivingWELSPUNLIV.NSCompetitor analysis, valuation and peers

India · INR·FMCG›Consumer Sundries

Indian home-textiles maker (Welspun Group) exporting bed linens, towels and flooring products, mainly to US retailers.

Momentum leader 98

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$2.41B

US dollars, full cap

Free float

34%

of shares outstanding

$/day

$26.4M

20-day average traded

Fwd P/E

35.5×

forward earnings

ROIC−WACC

-4.1 pp

WACC 14.8%

Hurdle

+27 pp

Req g minus delivered

Next earnings

90 days

4 Feb 2027

Close · INR₹241.30

1D-4.8%

1W+10.1%

1M+2.3%

3M+51.5%

6M+82.5%

YTD+84.8%

1Y+82.3%

ATR %5.5%

Beta1.06

52w lowhigh9.8% off high

What Welspun Living does

Indian home-textiles maker (Welspun Group) exporting bed linens, towels and flooring products, mainly to US retailers.

Makes towels and sheets under long-term programs for big retailers, plus its own brands such as Spaces in India, from vertically integrated factories in Gujarat that spin yarn through to finished goods. Cotton is the main raw material, so cotton prices and US import rules matter.

Products and services

Bed linens/sheets
Towels
Flooring and rugs
Advanced textiles (technical fabrics)

Customers

US big-box retailers (Walmart, Target, Costco)
Global home-furnishing brands

Where it sits in the supply chain

Textiles/home furnishings
Home textile manufacturing (bed linen…
Flooring/rugs & export distribution

What could go right

US home-textile demand recovery
China+1 textile sourcing shift to India

What could go wrong

Customer concentration among a few large US retailers
Cotton price volatility

Moat: narrow (scale, customer qualification, distribution). Deep, long-standing supplier relationships with major US retailers, but faces competition from other large Indian and global textile exporters.

Headquarters: Mumbai, India · Founded: 1985 · Employees: 16,232

Named competitors

Welspun Living at a glance

Size Welspun Living (WELSPUNLIV.NS) is an India Consumer Staples company (Consumer Sundries) with a market value of $2.41B, the 334th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹241.30 on 6 Nov 2026.

Performance Over six months the shares gained 82.5%, against -1.3% for the median peer and 0.0% for the India market (cap-weighted) — highest of 7 in its peer set.

Growth Revenue grew 5.0% over the last twelve months (peer median -0.1%); the operating margin is 7.8% (peer median 10.8%).

Valuation It trades at 35.5× forward earnings against a peer median of 15.6× (most expensive of 6).

Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +27 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 4.1 points below its cost of capital (14.8% WACC).

Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Welspun Living against the median of its 6 peers (local-currency closes).

Welspun Living financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹103B	₹88.2B	₹98.8B	₹90.6B	₹75.7B
Revenue growth	—	-11%	+9%	+20%	—
Gross profit	₹31.9B	₹9.33B	₹13.6B	₹12.8B	₹7.69B
EBITDA	₹12.1B	₹8.15B	₹13.3B	₹13.9B	₹8.17B
Net income	₹4.34B	₹2.04B	₹6.39B	₹6.81B	₹1.99B
Free cash flow	n/a	₹5.98B	-₹1.84B	₹1.52B	₹3.70B
Capital expenditure	n/a	₹4.51B	₹7.13B	₹2.75B	₹2.75B
Total debt	₹24.0B	₹23.1B	₹27.6B	₹26.3B	₹24.6B

Quarterly statements and history in the cockpit →

Welspun Living competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Welspun Living is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Welspun Living is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Welspun Living is the large dot.

Welspun Living competitors and peer comparison

Head to head with its named competitors (WELSPUNLIV.NS vs TRIDENT.NS vs VTL.NS vs ICIL.NS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Welspun Living WELSPUNLIV.NS	$2.41B	+82%	+5%	8%	35.5×	32.4%
Trident TRIDENT.NS	$1.29B	-11%	-4%	11%	17.1×	18.5%
Vardhman Textiles VTL.NS	$1.56B	-15%	+3%	9%	12.0×	n/a
Indo Count Industries ICIL.NS	$1.03B	+68%	+19%	8%	29.7×	31.4%

How Welspun Living compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Welspun Living against its 6 peers (data as of 6 Nov 2026)
Measure	WELSPUNLIV.NS	Peer median	Rank in peer set
1-month return	+2.3%	+6.5%	2nd lowest of 7
6-month return	+82.5%	-1.3%	highest of 7
Distance from 52-week high	-9.8%	-23.6%	2nd highest of 7
Revenue growth (TTM)	+5.0%	-0.1%	3rd highest of 7
Operating margin	7.8%	10.8%	2nd lowest of 7
Forward P/E	35.5×	15.6×	most expensive of 6
Growth the price implies (Req g, 7 yrs)	32.4%	-3.4%	most demanding of 7
Growth delivered (Del g)	+5.0%	+13.2%	3rd lowest of 7
Hurdle (Req g minus delivered)	+27.3 pp	-14.7 pp	most demanding of 7
ROIC minus cost of capital	-4.1 pp	+4.7 pp	2nd lowest of 7
EV / EBITDA	19.2×	7.9×	most expensive of 5
Net debt / EBITDA	0.4×	1.5×	least indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Welspun Living WELSPUNLIV.NS	India	$2.41B	+82%	+5%	8%	35.5×	32.4%	+5.0%
Central Garden & Pet CENT	United States	$2.64B	+25%	-1%	9%	16.0×	-4.0%	+3.0%
Shanghai M&G Stationery 603899.SS	China	$3.21B	-4%	+5%	6%	15.6×	-2.8%	+13.8%
Anhui Korrun 300577.SZ	China	$678M	-11%	+1%	10%	12.1×	-4.3%	+20.3%
Prada 1913.HK	Hong Kong	$13.1B	+1%	+15%	20%	15.6×	-6.4%	+18.6%
Kering KER.PA	France	$25.7B	-23%	-9%	11%	30.9×	12.2%	+2.3%
Christian Dior CDI.PA	France	$89.3B	+2%	-4%	22%	n/a	-0.3%	+12.6%

Questions

Who are Welspun Living's main competitors?: Named competitors: Trident Limited (TRIDENT.NS), Vardhman Textiles (VTL.NS), Indo Count Industries (ICIL.NS). The cockpit's measured peer set (industry) also includes Central Garden & Pet (CENT), Shanghai M&G Stationery (603899.SS), Anhui Korrun (300577.SZ), Prada (1913.HK), Kering (KER.PA), Christian Dior (CDI.PA).
Is Welspun Living expensive compared with its peers?: On forward p/e it trades at 35.5× against a peer median of 15.6×, most expensive of 6 in its peer set. For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +27 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Welspun Living stock performed?: Over six months to 6 Nov 2026 the shares returned +82.5% against -1.3% for the median peer; over one year +82.3%.