Welspun Living (WELSPUNLIV) Q4 24/25 earnings summary

Executive summary

• Consolidated revenue reached ₹10,697 crore in FY25, up 8.9% year-over-year, surpassing the ₹10,000 crore milestone for the first time.

• Emerging businesses contributed about 30% of total revenue, highlighting portfolio diversification.

• Home textile exports grew 10.8% YoY, with strong performance in the US, Europe, UK, and other regions.

• Maintained market leadership in home textiles, with strong global and domestic brand performance and recognition as a Great Place to Work.

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

Financial highlights

• FY25 EBITDA stood at ₹1,451 crore (13.6% margin); Q4 EBITDA: ₹318 crore (12% margin), down 20% year-over-year.

• FY25 PAT: ₹639 crore (6.0% margin); Q4 PAT: ₹132 crore.

• FY25 EPS: ₹6.70, down from ₹7.06 in FY24.

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

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

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.

• Additional 18 MW solar plant near Vapi to be commissioned in June 2025, supporting sustainability goals.

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