SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE revises ratings of Welspun India’s bank facilities

13 Jul 2015 Evaluate

Credit rating agency, CARE has revised rating of Welspun India’s long term bank facilities worth Rs 3,562.14 crore to ‘AA-’ from ‘A+’. The rating agency has also revised rating of company’s short term bank facilities worth Rs 394.85 crore to ‘A1+’ from ‘A1’.The revision in the ratings factors in sustained growth in revenue, improvement in the profitability as well as capital structure in FY15 (refers to period April 01, 2014 to March 31, 2015), increasing level of vertical integration and timely progress made on its expansion-cum-backward integration project.

Moreover, the ratings revision also takes into consideration the reduction in geographical and customer concentration risk to the overall business of the company. The ratings continue to draw comfort from the resourceful promoters (i.e., Welspun group) and extensive experience of the management, WIL’s leading position in home textiles segment with global reach, its well-diversified product portfolio, strong brand image and established relationship with the large global retail chains.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. WIL’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.

Welspun Living Share Price

125.45 1.60 (1.29%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×