📌 At a glance:

• FY25 PAT: ₹41 crore (vs ₹9 crore in FY24)
• Revenue: ₹63 crore
• Q4 PAT: ₹26 crore
• CMP: ₹868.70 (+3.79% today)

🏢 About the Company

Welspun Investments & Commercials Ltd (WELINV) is a small-cap holding company of the Welspun Group. Its primary business is investing in equity instruments, and it holds stakes in group and other entities. Think of it as the middleman uncle who never talks, but always holds the family’s cash.

👨‍💼 Key Managerial Personnel

• MD: Rajesh Mandawewala

📊 FY25 Financial Snapshot

🧾 What’s Driving This?

• Sharp revaluation and sale of financial assets
• Dividend income from investments
• Operating costs tightly managed

📉 Fair Value Estimate

• One-off gains boosted FY25. Let’s normalize PAT to ₹30 cr
• Assign 12x P/E (standard for holding firms)
• Market Cap = ₹360 cr → FV/share = ₹718 (approx 5 lakh shares)
• CMP = ₹868.70 → Premium valuation already baked in

📈 Outlook

• Strong FY25 due to windfall gains – not repeatable every year
• Highly dependent on performance of group holdings
• No core operating business = Valuation cap unless demerger/unlock

🧠 EduInvesting Take

• This ain’t your usual FMCG/infra play – it’s a money vault with little noise
• ₹26 crore Q4 profit got investors high, but valuation math is sobering
• Verdict: “Your rich cousin with no job. Fun to visit, risky to invest in. Take profits if you’re in.”