Welspun Corp
Welspun Corp Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Welspun Corp Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Welspun Corp Ltd trades at a P/E of 22.81× and P/B of 4.50×.
Valuation
Profitability
Growth
Financial Health
Welspun Corp Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Welspun Corp Ltd, switchable between annual and quarterly views, consolidated or standalone.
Welspun Corp Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹36,777.69 Cr and reported EPS of ₹61.13.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 7,587 | 8,953 | 9,957 | 6,440 | 6,505 | 9,758 | 17,340 | 13,978 | 16,770 |
| Other Income | 131 | 135 | 116 | 235 | 551 | 320 | 242 | 190 | 135 |
| Total Income | 7,719 | 9,088 | 10,073 | 6,675 | 7,056 | 10,078 | 17,582 | 14,167 | 16,905 |
| Cost of Goods Sold (COGS) | 5,288 | 6,277 | 6,535 | 4,317 | 4,758 | 7,254 | 12,100 | 8,870 | 10,258 |
| Gross Profit | 2,300 | 2,677 | 3,422 | 2,123 | 1,747 | 2,504 | 5,240 | 5,107 | 6,512 |
| +Operating Expenses | 1,616 | 2,104 | 2,262 | 1,349 | 1,275 | 2,020 | 3,679 | 3,439 | 4,276 |
| EBITDA | 684 | 573 | 1,160 | 774 | 472 | 485 | 1,561 | 1,668 | 2,236 |
| +Non-Operating Expenses | 565 | 437 | 377 | 282 | 357 | 546 | 652 | 1,136 | 567 |
| Profit Before Tax (PBT) | 250 | 271 | 899 | 728 | 666 | 258 | 1,152 | 1,653 | 1,804 |
| +Tax Expense | 11 | 122 | 412 | 221 | 216 | 134 | 277 | 360 | 526 |
| Profit After Tax (PAT) | 153 | -22 | 692 | 631 | 444 | 199 | 1,136 | 1,902 | 1,620 |
| Earnings Per Share (EPS) | 5.77 | -0.50 | 25.07 | 23.72 | 16.82 | 7.90 | 42.44 | 72.73 | 61.15 |
| Diluted Shares Outstanding (Nos.) | 27 | 27 | 26 | 26 | 26 | 26 | 26 | 26 | 26 |
| +Additional Disclosures | 12,656 | 14,961 | 15,986 | 10,366 | 11,188 | 17,256 | 28,842 | 22,497 | 26,000 |
| Sales Growth % | — | 18.01 | 11.21 | -35.32 | 1.02 | 50.01 | 77.69 | -19.39 | 19.98 |
| YoY Sales Growth % | — | 18.01 | 11.21 | -35.32 | 1.02 | 50.01 | 77.69 | -19.39 | 19.98 |
| Material Cost % | 69 | 70 | 74 | 49 | 64 | 91 | 61 | 69 | 64 |
| Employee Cost % | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 7 | 7 |
| Other Cost % | 16 | 17 | 16 | 14 | 14 | 15 | 16 | 17 | 18 |
| OPM % | 9 | 6 | 12 | 12 | 7 | 5 | 9 | 12 | 13 |
| Tax % | 4 | 45 | 46 | 30 | 32 | 52 | 24 | 22 | 29 |
| Profit Growth % | — | -114.14 | 3,298.34 | -8.88 | -29.57 | -55.16 | 470.37 | 67.45 | -14.81 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 304 | 313 | 927 | 560 | 217 | 182 | 1,214 | 1,317 | 1,881 |
Welspun Corp segment analysis: revenue and profit mix.
Disclosed business segments at Welspun Corp with their share of revenue and profit, switchable between consolidated and standalone reporting.
Welspun Corp discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Welspun Corp Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Welspun Corp Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Welspun Corp Ltd's investment case rests on 10 positive markers and 9 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust profitability with 18.60% ROE and 21.20% ROCE.
Impressive 41.20% quarterly profit growth signals strong operational efficiency.
Very low 0.15 debt-to-equity ratio ensures strong financial resilience.
Attractive 14.70 P/E ratio, significantly below sector average, suggests undervaluation.
Strong 139.17% stock return over the past 52 weeks.
What can break it.
Recent 5-day stock decline of 1.29% indicates short-term market volatility.
Promoter holding at 49.8% is just below the 50% threshold.
Absolute debt of 1122 Cr warrants consideration despite low debt-to-equity.
Low dividend yield of 0.55% may deter income-focused investors.
Negative 13.65% 5-year dividend growth rate is concerning.
What would change my mind.
Trim if P/E re-rates above 30. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 25.54. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 14%. The operating engine is no longer compounding capital efficiently.
Welspun Corp Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Welspun Corp Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Welspun Corp Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Welspun Corp Ltd — derived from the live tape, not yesterday's close.
Welspun Corp Ltd last traded at ₹1,394.3 with an intraday range of ₹1,370.5–₹1,400 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1394.30| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1465.03 | +70.73 | +5.07% |
| R3 | 1435.53 | +41.23 | +2.96% |
| R2 | 1417.77 | +23.47 | +1.68% |
| R1 | 1406.03 | +11.73 | +0.84% |
| PIVOT | 1388.27 | -6.03 | -0.43% |
| CURRENT | 1394.30 | — | — |
| S1 | 1317.53 | -76.77 | -5.51% |
| S2 | 1347.03 | -47.27 | -3.39% |
| S3 | 1358.77 | -35.53 | -2.55% |
| S4 | 1376.53 | -17.77 | -1.27% |
WELCORP is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: 1374.7 ~ 1397
Trading Inside opening range
Welspun Corp Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Welspun Corp Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Welspun Corp Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Welspun Corp Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Welspun Corp Ltd stood at 51.4% of traded volume, against a 20-day average of 48.4%.
Welspun Corp announcements: results, concalls, ratings, M&A.
Filings Welspun Corp sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Welspun Corp files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 134 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Welspun Corp Limited has informed the Exchange about Schedule of meet
Bagging/Receiving of orders/contracts
Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts - Receipt of Large Order
Copy of Newspaper Publication
Welspun Corp Limited has informed the Exchange about Copy of Newspaper Publication regarding Special Window for Re-lodgement of Transfer Requests of…
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Welspun Corp Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Bagging/Receiving of orders/contracts
Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Press Release
Welspun Corp dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Welspun Corp has declared, sequenced by announce and record date.
Welspun Corp corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Welspun Corp Ltd: business, sector, key facts.
What Welspun Corp Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Welspun Corp Ltd operates in the Basic Materials, listed as NSE: WELCORP, BSE: 532144.
Welspun Corp Limited is a multinational manufacturer and distributor of a diverse range of steel and plastic products. Their primary focus lies in the steel sector, encompassing the production and sale of steel pipes, tubes, bars, coils, and plates. These products are utilized across a wide spectrum of industries, both domestically within India and internationally in key markets such as the United States and Saudi Arabia.
The company's steel product offerings are extensive and cater to various applications. They manufacture different types of carbon steel line pipes using diverse welding techniques (longitudinal submerged arc welding, helically submerged arc welding, electrical resistance welded, and high-frequency induction welding). Additionally, they produce ductile iron pipes, incorporating concrete weighting and anti-corrosion coatings. Their portfolio extends to stainless steel and alloy products, along with thermo-mechanically treated rebars and billets, and even pig iron.
Beyond steel, Welspun Corp also operates in the plastics sector, producing a variety of polymer-based products. This includes items such as water storage tanks, industrial containers, and uPVC doors and interiors. Their capabilities extend to providing value-added services such as double jointing, pipe bending, and ID machining. They also offer comprehensive solutions for water management, including specialized services like inventory management and even dump site management.
The company's diverse product range serves a broad array of industries, demonstrating its versatility and market reach. Key sectors include onshore and offshore oil, gas, and water transmission; infrastructure and housing construction; potable water distribution; refinery, petrochemical, nuclear power, fertilizer, energy and power, defense, automobile, railways, and aerospace; and forging and engineering industries. Welspun Corp's ability to offer both primary materials and value-added services allows them to position themselves as a significant player across several supply chains.
In summary, Welspun Corp Limited is a multifaceted industrial conglomerate with a significant presence in the steel and plastics manufacturing sectors. Their wide range of products and services, coupled with their international reach, demonstrates a commitment to serving diverse industry needs across several global markets. The company's history, dating back to 1995, and its continued expansion showcases its capacity for growth and adaptation within a dynamic business landscape.
Questions investors ask about Welspun Corp Ltd (WELCORP).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Welspun Corp Ltd (WELCORP)?
The current share price of Welspun Corp Ltd (WELCORP) is ₹1,394.3. Today, the stock has gained by ₹20.50 (1.49%), trading in a range of ₹1,370.5 to ₹1,400. The stock opened at ₹1,374.7 with a trading volume of 4,14,081 shares.
02Is Welspun Corp Ltd stock a good investment for long-term?
Welspun Corp Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹36,777.69 crores, P/E ratio of 22.81, ROE of 18.92%, and ROCE of 21.20%. The dividend yield stands at 0.36%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Welspun Corp Ltd stock?
The 52-week high price of Welspun Corp Ltd (WELCORP) is ₹1,427, while the 52-week low is ₹710. Currently trading at ₹1,394.3, the stock is 95.4% away from its 52-week low and 2.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Welspun Corp Ltd stock at the current price?
Whether to buy Welspun Corp Ltd stock at ₹1,394.3 depends on multiple factors. The stock is currently trading with a P/E ratio of 22.81 and P/B ratio of 4.50. Today's performance shows a gain of 1.49%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Welspun Corp Ltd and when is the next dividend?
Welspun Corp Ltd offers a dividend yield of 0.36%, which means for every ₹100 invested at the current price of ₹1,394.3, you can expect to receive approximately ₹0.36 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Welspun Corp Ltd?
Welspun Corp Ltd's key financial metrics include: P/E Ratio: 22.81, P/B Ratio: 4.50, ROE: 18.92%, ROCE: 21.20%, Dividend Yield: 0.36%, EPS: ₹61.13, Book Value: ₹310.14, and Debt-to-Equity: 25.04. The company's market cap stands at ₹36,777.69 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Welspun Corp Ltd stock performing today in the market?
Welspun Corp Ltd stock opened at ₹1,374.7 and is currently trading at ₹1,394.3, showing a gain of ₹20.50 (1.49%). The intraday high is ₹1,400 and low is ₹1,370.5. The trading volume stands at 4,14,081 shares, indicating moderate market participation today.
08What is the P/E ratio of Welspun Corp Ltd and what does it indicate?
Welspun Corp Ltd has a Price-to-Earnings (P/E) ratio of 22.81, which means investors are willing to pay ₹22.81 for every ₹1 of earnings. With an EPS of ₹61.13, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Welspun Corp Ltd (WELCORP) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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