ConstructionMid capRs 8,563 crRs 12.0 cr traded a day
Close on 2026-08-21
631.45
+8.00%
52-week range100% of the way up
415.75631.45
Market cap
8,563 cr
P/E (TTM)
26.2×
industry 21×
EPS (TTM)
24.11
Revenue YoY
-14.7%
Q1 FY27
Profit YoY
-48.6%
Net margin
7.3%
-4.8pt vs a year ago
Growth trend
-60.8pt
vs last quarter’s YoY
1 month
+4.9%
Below 52w high
0.0%
RSI (14)
58
Daily swing
3.5%
average true range
Volume
9.3×
vs 20-day average
Traded
Rs 12 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
+12.42%
1 month
+4.89%
3 months
+24.00%
6 months
+28.40%
1 year
+34.24%
The read
written from the numbers on this page
The evidence leans constructive6 supporting, 4 against, 0 worth knowing
Supporting
trading 22% above its 200-day average
sitting at 100% of its 52-week range, with little overhead supply from trapped buyers
up 34% over twelve months
matches made a new 52-week high today, which has beaten the market by +1.03 points over 20 sessions across 9,118 past signals
5 of the scans it matches have a positive measured record
5 independent kinds of evidence agree today, which is uncommon
Against
1 of the scans it matches has historically underperformed the market
revenue fell 15% year on year in the quarter ending 2026-06-30
net margin has narrowed from 8.9% to 7.3% across four quarters
priced at 26× earnings against an industry median of 21× — 23% above its peers
Worth knowing
nothing the data supports either way
What would change this read: a close below 518, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working1
No segment is more than 41% of revenue, across 3 reported segments.
41%3
Needs watching2
Operating cash flow was only Rs 112 cr against Rs 327 cr of reported profit, 34% of it.
Rs 112 crRs 327 cr34%
Net profit -8.4% year on year, Rs 62 cr to Rs 56 cr.
-8.4%Rs 62 crRs 56 cr
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
11 of 47 matched on 2026-08-21
WELENT matches 11 of the 47 scans today, across 5 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
WELENT reports 3 business segments. The largest is Water at 41% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
Water316 cr40.8%—
Transport273 cr35.2%—
Tunneling and Rehabilitation185 cr24.0%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
10.7%
trailing profit over shareholders’ funds
Return on capital
10.1%
pre-tax profit over equity plus borrowings
Debt to equity
0.65×
1,972 cr borrowed against 3,044 cr of equity
Net debt
1,798 cr
borrowings less cash
Cash conversion
34%
operating cash flow as a share of profit
Receivable days
51
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
19×
median 22×
25×
now 26×
WELENT trades at 26× trailing earnings, above its median of 22× over this window — 20% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
nothing clear in the filed numbers
Going against it
revenue fell 15% against the same quarter a year earlier
profit dropped 49% year on year
net margin narrowed from 13.6% to 7.3%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
774
121
56
5.94
7.3%
Q4 FY26
2026-03-31 · consolidated
1,199
206
163
10.85
13.6%
Q3 FY26
2025-12-31 · consolidated
787
60
31
1.94
3.9%
Q3 FY25
2024-12-31 · consolidated
867
117
77
5.20
8.9%
Q2 FY25
2024-09-30 · consolidated
789
102
62
4.29
7.8%
Q1 FY25
2024-06-30 · consolidated
907
154
110
7.18
12.1%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+6.7%
Versus 200-day average+21.9%
Below 52-week high+0.0%
Above 52-week low+51.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)57.7
Higher closes in last 55 of 5
Six-month return+28.40%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.55%
Volume versus 20-day9.3x
Median daily turnoverRs 12.0 cr
Peers
Construction · 23 classified companies
WELENT trades at 26.2× trailing earnings against an industry median of 21.3× across 22 other classified companies in its industry — more expensive than them, by 23%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
2026-08-21
2
Trading far more than usual, MACD just turned positive