Archive · 1 Oct 2026
Welspun Living Shares Rise as Jefferies Maintains Buy Call
Welspun Living makes textile products and sells many of them in other countries.
Its shares rose by 5% after Jefferies continued to recommend buying them.
Jefferies believes the company could grow strongly over the next few years.
Government support for textile exporters is expected to continue until December 2026.
New trade agreements with the United Kingdom and European Union could help Welspun Living sell more products.
The company is also expanding into flooring, pillows, advanced textiles and domestic brands.
Jefferies expects the company’s profits and profit margins to improve.
However, weaker US demand, changing trade rules, higher cotton prices and problems in new businesses could hurt its performance.
Welspun Living shares gained 5% after Jefferies retained its “Buy” recommendation.
Jefferies said the extended RoSCTL scheme will support Indian textile exporters through December 2026.
The brokerage expects Welspun Living revenue to grow at a 14% CAGR from FY26 to FY29.
EBITDA is forecast to grow at a 38% CAGR, with margins rising from 8.4% in FY26 to 14.8% by FY29.
Jefferies cited tariff uncertainty, US demand, raw-material costs and execution as key risks, but did not state a target price in the report provided.
- Who
- Welspun Living and Jefferies.
- What
- Welspun Living shares rose 5% after Jefferies retained its “Buy” call and forecast strong revenue and EBITDA growth.
- When
- The forecasts cover FY26 through FY29, while the RoSCTL extension runs through December 2026.
- Where
- Welspun Living’s business includes the United States, United Kingdom, European Union and India.
- Why
- Jefferies cited textile-export support, sourcing shifts away from China, possible trade agreements and diversification into new businesses.
- Share movement
- Welspun Living shares gained 5%.
- Jefferies recommendation
- “Buy” call retained.
- RoSCTL support
- The scheme is extended for textile companies through December 2026.
- Revenue forecast
- 14% CAGR from FY26 to FY29.
- EBITDA forecast
- 38% CAGR from FY26 to FY29.
- EBITDA margin
- Expected to rise from 8.4% in FY26 to 14.8% by FY29.
- Revenue mix
- The United States accounts for about 59% of revenue; the United Kingdom and European Union contribute about 18%.