Welspun Living’s Q1 profit jumps 84% as exports, domestic demand lift margins

Welspun Living reported Q1 FY27 net profit of Rs 161 crore, up 83.6% year-on-year, on revenue growth of 23.7%. Home-textile exports rose 28.1% and domestic business grew nearly 21.3%, while EBITDA margin expanded to 11.5%. The stock gained as much as 8.24% intraday after bullish analyst calls.

— Source published Tue, 18 Aug, 2026, 10:48 IST · First seen Tue, 18 Aug, 2026, 11:30 IST · Source NDTV Profit

What happened

Welspun Living reported strong Q1 FY27 growth, led by home-textile exports and domestic demand, lifting margins and shares. Nuvama upgraded the stock to Buy,

Key facts

  • Q1 FY27 consolidated net profit: Rs 161 crore, up 83.6% YoY
  • Q1 FY27 revenue: Rs 2,795 crore, up 23.7% YoY
  • Q1 FY27 EBITDA: Rs 321 crore, up 42.4% YoY
  • EBITDA margin: 11.5%, versus 10% a year earlier
  • Home-textile exports: up 28.1% YoY
  • Domestic business growth: nearly 21.3% YoY
  • Share price rose up to 8.24% intraday
  • Stock return over 12 months: 54.6%
  • Nuvama target price: Rs 209
  • Motilal Oswal target price: Rs 215

Why this matters

Accelerating export momentum and improving domestic scale make Welspun Living a stronger potential partner or target in home textiles, with margins indicating enhanced strategic value.

What to watch

  • Sequential order intake and export growth, especially in the US and European home-textile markets.
  • EBITDA-margin guidance, gross-margin trend and management commentary on cotton, energy, freight and currency costs.
  • Domestic revenue growth versus export growth, indicating whether demand strength is broad-based or concentrated in one channel.
  • Inventory, receivables and operating-cash-flow trends as revenue expands.
  • Capacity-utilization levels, capex announcements and the timing of new capacity ramp-ups.
  • Any change in trade tariffs, import restrictions, consumer demand or retailer inventory levels in key export destinations.
  • Management is likely to emphasize export order-book visibility, customer additions and higher-value product mix to reinforce the sustainability of Q1 growth.
  • The company may prioritize capacity utilization, automation, product premiumization and domestic distribution expansion before committing to large new capital expenditure.
  • Analysts may raise FY27 earnings estimates and target prices if management reiterates margin and growth guidance, increasing scrutiny of whether Q1 profitability is repeatable.
  • Stronger cash generation could improve the scope for debt reduction, working-capital normalization, selective capex or shareholder-return actions.