Rs 252 crore buyback: Shares of Welspun Living Limited will be in focus after the company announced a share buyback worth up to Rs 252 crore through the tender offer route. The company will repurchase up to 1.44 crore equity shares at Rs 175 per share, representing 1.50 per cent of its total paid-up equity share capital.
The buyback will open on May 29, 2026 and close on June 4, 2026. The record date for determining eligible shareholders was fixed as May 22, 2026.
The buyback was announced along with the company’s Q4 FY26 results, while the detailed terms of the buyback were disclosed today.
Welspun Living reported a sharp sequential recovery in profitability despite pressure on margins and year-on-year decline in revenue.
Buyback price set at Rs 175 per share
Welspun Living said the buyback will be carried out at a price of Rs 175 per equity share with a total maximum outlay of Rs 252 crore, excluding transaction-related expenses. The company plans to buy back fully paid-up equity shares having a face value of Re 1 each.
According to the company, the buyback size represents nearly 6.52 per cent of its standalone paid-up equity share capital and free reserves, and around 5.65 per cent on a consolidated basis, based on audited financial statements for FY26.
The company said the move is aimed at returning surplus cash to shareholders and improving return on equity over the long term. It also stated that the buyback will not affect its growth plans or operational cash requirements, as sufficient internal resources have already been earmarked for the exercise.
Q4 earnings show sequential recovery
Welspun Living reported consolidated net profit of Rs 103.70 crore in Q4 FY26, sharply higher from Rs 0.21 crore in the December quarter.
Revenue from operations rose 7.65 per cent quarter-on-quarter to Rs 2,435.43 crore during the March quarter. However, on a year-on-year basis, net profit declined 21.33 per cent, while revenue fell 7.95 per cent.
EBITDA stood at Rs 265 crore in Q4 FY26, compared with Rs 318 crore in the corresponding quarter last year. EBITDA margin contracted to 10.8 per cent from 12 per cent a year ago, reflecting pressure on operating performance.
On the segmental front, the Home Textile business posted revenue of Rs 2,320 crore, down 5.4 per cent year-on-year. The Flooring business reported revenue of Rs 189 crore, down 3.5 per cent from the year-ago period.
The company, however, reported a sharp improvement in its balance sheet position. Net debt fell to Rs 775 crore as on March 2026 from Rs 1,602 crore a year ago, a reduction of Rs 827 crore.
Welspun Living also pointed out strong traction in its consumer facing business. The Welspun brand registered 44 per cent growth during Q4 FY26, supported by deeper household penetration. Innovation-led products contributed nearly 22 per cent of the company’s overall business in FY26.
The company incurred capital expenditure of Rs 472 crore during the financial year as it continued investments across operations and growth initiatives.
