ftInvstr
WEL · Consumer Cyclical ₹76.0 -4.11% Mkt Cap ₹1016 Cr

WEL

Consumer Cyclical Furnishings, Fixtures & Appliances
₹76.0
-4.11% today · 30d -36.72%
as of 2026-09-04
Price · Daily Candles
“Post-pandemic expansion fuels strong annual growth, but WEL faces sharp quarterly profit decline.”
WEL, a Furnishings, Fixtures & Appliances firm, has delivered impressive annual growth, with revenue up 56.92% YoY and net profit soaring 87.36% YoY in FY25. However, the last quarter saw a significant slowdown, with Q4 revenue down 31.13% YoY and net profit plummeting 88.9% YoY, alongside a -2.09% drop in OPM. The stock is currently trading at a stretched TTM PE of 93.6 and PB of 14.37.
BULL CASE
+Annual revenue surged by 56.92% YoY to ₹895.0 Cr in FY25, indicating strong post-pandemic recovery.
+Net profit saw significant annual growth, increasing by 87.36% YoY to ₹19.0 Cr in FY25.
+The company's 3-year revenue CAGR stands at 30.95% and net profit CAGR at 37.74%, highlighting sustained growth.
+Long-term Free Cash Flow (FCF) predictions are strong, with a 1y stable_7y FCF rank of 0.601 (neutral-strong), indicating potential for future cash generation.
+FIIs have slightly increased their stake by 0.45% QoQ to 9.97% as of March 2026.
BEAR CASE
Q4 revenue dropped by 31.13% YoY to ₹153.0 Cr, signaling a substantial slowdown in recent performance.
Quarterly net profit plunged by 88.9% YoY to just ₹1.0 Cr in Q4 2025, raising concerns about profitability.
Operating Profit Margin (OPM) declined by 2.09% QoQ to 3.3% in Q4 2025.
The stock is trading at a high TTM PE of 93.6 and PB of 14.37, indicating overvaluation compared to its current performance.
Technical indicators MACD and RSI(14) are both 'bearish' with 'moderate' strength at -0.5585 and 38.94 respectively.
The company is currently FCF negative, with a current FCF of -₹35.0 Cr, resulting in a -2.78% FCF yield.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹153 Cr
-31.13% YoY
NET PROFIT
₹1 Cr
-88.9% YoY
OPM
3.3%
-2.09pp YoY
EPS
₹0.04
PE 93.6
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-3.5% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Trading at a TTM PE of 93.6, WEL appears significantly more expensive than peers like Voltas (PE 50.0) and Whirlpool (PE 36.95), while its profitability (ROCE not available) would need to justify this premium compared to peers averaging 16.45% to 22.88% ROCE.
PEERPEROCE %
WEL93.6
VOLTAS50.018.51
AMBER144.9620.85
BOSCH-HCIL21.68
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

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40
SCORE / 100
Overall
6-axis composite of the sections below.
Performance UNDERPERFORMER 5
Valuation STRETCHED 20
Growth STRONG 81
Profitability AVERAGE 30
Technicals BEARISH 23
Risk LOW 80
Key Stats
TTM PE
93.6
P/B
14.37
52W HIGH
₹183.53
OFF HIGH
-58.59%
DIV YIELD
0.21%
MKT CAP
₹1016 Cr
◉ Active Signals
MACDBearish-8.2092
RSI(14)Bearish31.63
Near 52W LowBearish1.32
⧉ Strategy Fit 🔒

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