Welspun Living (WELSPUNLIV) Q4 24/25 earnings summary

Executive summary

• Achieved consolidated revenue of ₹10,697 crore in FY25, up 8.9% year-over-year, surpassing the ₹10,000 crore milestone.

• Home textile exports grew 10.8% YoY, with emerging businesses contributing about 30% of total revenue.

• Maintained market leadership in home textiles, with strong global and domestic brand performance and innovation sales at 24% of total sales.

• ESG score of 83 in S&P Global CSA, highest-ranked Indian textile manufacturer and fourth globally.

• Board recommended a final dividend of ₹1.70 per share (170%) for FY25, subject to shareholder approval.

Financial highlights

• FY25 consolidated EBITDA at ₹1,451 crore, margin of 13.6%; Q4 EBITDA margin at 12.0%.

• FY25 PAT: ₹639 crore; Q4 PAT: ₹132 crore; FY25 EPS: ₹6.70.

• Q4 FY25 consolidated revenue: ₹2,648 crore, up 1.2% year-over-year.

• Net debt at ₹1,603 crore as of March 2025, up from ₹1,354 crore in March 2024 due to CapEx.

• Standalone FY25 revenue at ₹8,772 crore, PAT at ₹507 crore.

Outlook and guidance

• No firm guidance for FY26 due to ongoing global trade and tariff uncertainties.

• Long-term target of ₹15,000 crore revenue and 15-16% EBITDA margin by FY27-28 remains intact, though timing may shift.

• Focus on scaling domestic consumer business, expanding global luxury brand presence, and continued investment in innovation and sustainability.

• Ongoing commitment to ESG and sustainability, with targets for carbon neutrality and sustainable cotton by 2030.

• Q1 FY26 expected to be slow as customers remain cautious amid tariff uncertainty.