Industrials · Iron & Steel Products

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]

NSE WELCORPBSE 532144www.welspuncorp.com
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

F
Revenue, profit & margin
P/E ratio
18.2×
WELCORP is 18% below the sector median of 22.3×
WELCORP18.2×
Sector median22.3×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales4,0694,0594,7504,4613,1373,3023,6143,9253,5514,3744,5324,3134,081
Expenses3,7123,6604,2874,1312,7632,9023,1793,4653,0263,7833,9173,8093,389
Operating Profit357400463330374400434460525591616504692
OPM %9%10%10%7%12%12%12%12%15%14%14%12%17%
Other Income50227621788312548757084131120142685
Interest92756275668382886349514945
Depreciation868690878589908785849393125
Profit before tax2284663733473053527498554615885935041,207
Tax %26%17%21%17%19%20%10%18%24%25%23%26%13%
Net Profit1683872942872482836726993494444563711,048
EPS in Rs6.3214.7011.1510.249.4610.9425.7226.6213.3116.6817.1614.0439.67
Raw PDF

Earnings

EResults dates & reactions
No 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
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27
Broadcast8 Nov '236 Feb '2430 May '247 Aug '248 Nov '245 Feb '2528 May '2529 Jul '2530 Oct '2530 Jan '2621 May '2624 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%
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRL

Corporate actions

CLast 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 5 Per Share
5.0030 Jun '2630 Jun '26

Shareholding

Sas of Jun 2026
49.73%Promoter
Promoters49.73%
FIIs14.61%3.38
DIIs19.96%1.53
Public15.68%1.84
Government0.00%
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
APL Apollo Tubes₹1,822.8042.0750,6120.32%354+20.89%6,269+13.81%31.64%
Welspun Corp₹1,596.9018.2442,1250.31%1,048+198.64%4,081+14.91%22.89%
Shyam Metalics₹1,027.4525.5328,6790.44%351+18.11%5,455+23.45%13.01%
Ratnamani Metals₹2,394.5034.3016,7840.42%116−52.04%1,085−36.75%17.91%
Jindal Saw₹255.3524.9916,3300.78%91−75.43%4,452+9.00%10.43%
Godawari Power₹240.1519.8616,1640.42%280+32.53%1,610+9.69%20.37%
Usha Martin₹495.7029.9815,1060.76%148+56.00%979+9.28%20.18%
Median: 82 Co.₹167.5922.301,0820.00%16+22.88%245+9.69%13.30%

Filings

D