Welspun Corp Ltd (WELCORP)
₹2,341.60
Mkt cap
₹61,769 Cr
P/E ratio
26.10
P/B
5.81
Div yield
0.21%
ROE
19.40%
ROCE
22.90%
EPS (TTM)
₹89.72
Book value
₹403
52W range
710–2,900
Sector
Industrials
Price history
Previous close
WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard. [1]
NSE WELCORPBSE 532144
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−19.26% from high₹2,342
₹710+229.80% from low₹2,900
Current
₹2,341.60
Prev close
₹2,499.10
Day
−6.30%
Price performance
1D
−6.77%
1W
−2.46%
1M
−18.02%
3M
+40.79%
6M
+83.86%
1Y
+175.94%
YTD
+190.40%
Financials
Revenue, profit & margin
P/E ratio
26.1×
WELCORP is 25% above the sector median of 20.9×
WELCORP26.1×
Sector median20.9×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,059 | 4,750 | 4,461 | 3,137 | 3,302 | 3,614 | 3,925 | 3,551 | 4,374 | 4,532 | 4,313 | 4,081 | 4,644 | |
| Expenses | 3,660 | 4,287 | 4,131 | 2,763 | 2,902 | 3,179 | 3,465 | 3,026 | 3,783 | 3,917 | 3,809 | 3,389 | 3,917 | |
| Operating Profit | 400 | 463 | 330 | 374 | 400 | 434 | 460 | 525 | 591 | 616 | 504 | 692 | 727 | |
| OPM % | 10% | 10% | 7% | 12% | 12% | 12% | 12% | 15% | 14% | 14% | 12% | 17% | 16% | |
| Other Income | 227 | 62 | 178 | 83 | 125 | 487 | 570 | 84 | 131 | 120 | 142 | 685 | 97 | |
| Interest | 75 | 62 | 75 | 66 | 83 | 82 | 88 | 63 | 49 | 51 | 49 | 45 | 38 | |
| Depreciation | 86 | 90 | 87 | 85 | 89 | 90 | 87 | 85 | 84 | 93 | 93 | 125 | 129 | |
| Profit before tax | 466 | 373 | 347 | 305 | 352 | 749 | 855 | 461 | 588 | 593 | 504 | 1,207 | 656 | |
| Tax % | 17% | 21% | 17% | 19% | 20% | 10% | 18% | 24% | 25% | 23% | 26% | 13% | 24% | |
| Net Profit | 387 | 294 | 287 | 248 | 283 | 672 | 699 | 349 | 444 | 456 | 371 | 1,048 | 495 | |
| EPS in Rs | 14.70 | 11.15 | 10.24 | 9.46 | 10.94 | 25.72 | 26.62 | 13.31 | 16.68 | 17.16 | 14.04 | 39.67 | 18.90 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.10% · closed higher next day 30 of last 59
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 6 Feb '24◦ | 30 May '24◦ | 7 Aug '24◦ | 8 Nov '24◦ | 5 Feb '25◦ | 28 May '25◦ | 29 Jul '25 | 30 Oct '25◦ | 30 Jan '26 | 21 May '26◦ | 24 Jul '26 | 29 Oct '26 |
| Earnings day | −1.53% | −8.74% | −0.66% | −1.25% | +2.17% | +10.00% | +7.13% | +4.28% | −1.87% | −3.96% | −0.99% | −6.77% |
| +1 day | −3.11% | −8.54% | +0.95% | −5.25% | +9.47% | +14.98% | +9.11% | +2.88% | +1.59% | −2.45% | −0.81% | — |
| +5 days | −5.95% | −11.04% | +8.46% | −11.36% | +8.31% | +18.28% | +1.49% | −1.47% | +10.99% | +3.56% | +2.34% | — |
| +15 days | −11.34% | −14.83% | +8.72% | +2.48% | +0.61% | +9.00% | +1.12% | −8.34% | +5.43% | +3.72% | +16.15% | — |
| +30 days | −12.07% | +6.08% | +0.94% | +3.02% | +18.54% | +14.77% | +0.82% | −14.06% | +7.08% | +15.85% | +60.63% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 5 Per Share | 5.00 | 30 Jun '26 | 30 Jun '26 |
Shareholding
as of Sep 202647.46%Promoter
Promoters47.46%2.27
FIIs23.09%8.48
DIIs16.37%3.59
Public13.05%2.63
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 28.90 | 32,460 | 0.39% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Median: 89 Co. | ₹162.40 | 20.86 | 950 | 0.00% | 17 | +28.15% | 232 | +17.12% | 13.62% |
Filings
Annual reports15
Concall transcripts76
PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025PPTOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025PPTNov 2024PPTNov 2024PPTNov 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 30 Oct - Welspun Corp shares Q2 and H1 FY2026-27 conference call recording online.Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Oct - Q2FY27 EBITDA rose 25% to ₹782 crore; order book hit ~₹50,000 crore; USA and Jordan expansions announced.Announcement under Regulation 30 (LODR)-Investor Presentation 29 OctGeneral Update 29 Oct - Q2/H1 FY27 results approved; USD115m US facility, USD125m Jordan JV, 49% WSCPL stake.