Welspun Corp Ltd (WELCORP)
₹1,596.90
Mkt cap
₹42,125 Cr
P/E ratio
18.20
P/B
4.60
Div yield
0.31%
ROE
19.40%
ROCE
22.90%
EPS (TTM)
₹87.74
Book value
₹347
52W range
722–1,684
Sector
Industrials
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]
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsBullish
52-week range
−5.17% from high₹1,597
₹722+121.22% from low₹1,684
Current
₹1,596.90
Prev close
₹1,591.00
Day
+0.37%
Price performance
1D
+0.37%
1W
−1.17%
1M
+9.75%
3M
+32.25%
6M
+110.51%
1Y
+71.36%
YTD
+98.04%
Financials
FRevenue, profit & margin
P/E ratio
18.2×
WELCORP is 18% below the sector median of 22.3×
WELCORP18.2×
Sector median22.3×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,069 | 4,059 | 4,750 | 4,461 | 3,137 | 3,302 | 3,614 | 3,925 | 3,551 | 4,374 | 4,532 | 4,313 | 4,081 | |
| Expenses | 3,712 | 3,660 | 4,287 | 4,131 | 2,763 | 2,902 | 3,179 | 3,465 | 3,026 | 3,783 | 3,917 | 3,809 | 3,389 | |
| Operating Profit | 357 | 400 | 463 | 330 | 374 | 400 | 434 | 460 | 525 | 591 | 616 | 504 | 692 | |
| OPM % | 9% | 10% | 10% | 7% | 12% | 12% | 12% | 12% | 15% | 14% | 14% | 12% | 17% | |
| Other Income | 50 | 227 | 62 | 178 | 83 | 125 | 487 | 570 | 84 | 131 | 120 | 142 | 685 | |
| Interest | 92 | 75 | 62 | 75 | 66 | 83 | 82 | 88 | 63 | 49 | 51 | 49 | 45 | |
| Depreciation | 86 | 86 | 90 | 87 | 85 | 89 | 90 | 87 | 85 | 84 | 93 | 93 | 125 | |
| Profit before tax | 228 | 466 | 373 | 347 | 305 | 352 | 749 | 855 | 461 | 588 | 593 | 504 | 1,207 | |
| Tax % | 26% | 17% | 21% | 17% | 19% | 20% | 10% | 18% | 24% | 25% | 23% | 26% | 13% | |
| Net Profit | 168 | 387 | 294 | 287 | 248 | 283 | 672 | 699 | 349 | 444 | 456 | 371 | 1,048 | |
| EPS in Rs | 6.32 | 14.70 | 11.15 | 10.24 | 9.46 | 10.94 | 25.72 | 26.62 | 13.31 | 16.68 | 17.16 | 14.04 | 39.67 | |
| Raw PDF |
Earnings
EResults 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 −0.01% · closed higher next day 30 of last 58
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 8 Nov '23◦ | 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 |
| Earnings day | +5.00% | −1.53% | −8.74% | −0.66% | −1.25% | +2.17% | +10.00% | +7.13% | +4.28% | −1.87% | −3.96% | −1.35% |
| +1 day | +6.76% | −3.11% | −8.54% | +0.95% | −5.25% | +9.47% | +14.98% | +9.11% | +2.88% | +1.59% | −2.45% | — |
| +5 days | +19.61% | −5.95% | −11.04% | +8.46% | −11.36% | +8.31% | +18.28% | +1.49% | −1.47% | +10.99% | +3.56% | — |
| +15 days | +16.59% | −11.34% | −14.83% | +8.72% | +2.48% | +0.61% | +9.00% | +1.12% | −8.34% | +5.43% | +3.72% | — |
| +30 days | +19.29% | −12.07% | +6.08% | +0.94% | +3.02% | +18.54% | +14.77% | +0.82% | −14.06% | +7.08% | +15.85% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 5 Per Share | 5.00 | 30 Jun '26 | 30 Jun '26 |
Results analysis
Shareholding
Sas of Jun 202649.73%Promoter
Promoters49.73%
FIIs14.61%3.38
DIIs19.96%1.53
Public15.68%1.84
Government0.00%
Ownership trend
Peers
P7 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 |
|---|---|---|---|---|---|---|---|---|---|
| APL Apollo Tubes | ₹1,822.80 | 42.07 | 50,612 | 0.32% | 354 | +20.89% | 6,269 | +13.81% | 31.64% |
| Welspun Corp | ₹1,596.90 | 18.24 | 42,125 | 0.31% | 1,048 | +198.64% | 4,081 | +14.91% | 22.89% |
| Shyam Metalics | ₹1,027.45 | 25.53 | 28,679 | 0.44% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,394.50 | 34.30 | 16,784 | 0.42% | 116 | −52.04% | 1,085 | −36.75% | 17.91% |
| Jindal Saw | ₹255.35 | 24.99 | 16,330 | 0.78% | 91 | −75.43% | 4,452 | +9.00% | 10.43% |
| Godawari Power | ₹240.15 | 19.86 | 16,164 | 0.42% | 280 | +32.53% | 1,610 | +9.69% | 20.37% |
| Usha Martin | ₹495.70 | 29.98 | 15,106 | 0.76% | 148 | +56.00% | 979 | +9.28% | 20.18% |
| Median: 82 Co. | ₹167.59 | 22.30 | 1,082 | 0.00% | 16 | +22.88% | 245 | +9.69% | 13.30% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts72
PPTJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025PPTOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025PPTNov 2024PPTNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024PPTAug 2024TranscriptJun 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 10h - Q1FY27 results: EBITDA ₹756 crore, PAT ₹1,046 crore, net cash ₹2,336 crore; order book ~₹24,750 crore.Announcement under Regulation 30 (LODR)-Investor Presentation 12hAnnouncement under Regulation 30 (LODR)-Acquisition 13h - Board approved Q1 FY27 results and 51% WCPGL stake buy for Rs67.66 crore, raising holding to 74%.Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended June 30, 2026 13h - Board approved Q1 FY27 results and 51% WCPGL stake acquisition for Rs 67.66 crore.Board Meeting Outcome for Outcome Of The Board Meeting 13h - Board approved Q1 FY27 results and acquiring 51% more WCPGL stake for Rs67.66 crore.






