Textiles
Textiles - Home Textile
from 160 today
Welspun Living reported a 24% YoY surge in revenue led by its home textile portfolio, though gross margin dipped due to higher raw material costs. We reiterate our BUY rating with a target price of INR215, expecting double-digit revenue growth and EBITDA margin expansion.
Welspun's revenue surged 24% YoY, led by strong growth in the home textile portfolio and flooring revenue. We reiterate our BUY rating with a TP of INR215, expecting double-digit revenue growth and improved margins driven by volume recovery and cost-saving initiatives.
Welspun Living reported a strong Q1FY27 with robust revenue and margin expansion, beating estimates across all fronts. We maintain our BUY rating on the stock with a revised target price of Rs 195/share.
We initiate coverage on Welspun Living (WELSPUNL IN) with a BUY, led by its category leadership, vertically integrated platform and diversified growth engines across branded, flooring and utility bedding businesses.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
