Company Overview
Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally. It operates through Steel Products and Others segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, high frequency welding, bends, and anti-corrosion and concrete weight coating; ductile iron pipes; thermo-mechanically treated bars; pig iron products; stainless steel and alloy products; water tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC interiors. It also provides plastic products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; custom moulded products; polymers and its products; PVC/CPVC pipes and fittings for water supply; water pipes; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. The company's products are used in onshore and offshore oil, gas, and water transmission; gas distribution; households, commercial buildings, and institutional settings; hydrogen pipelines; and nuclear, space, defence, power and energy, and petrochemicals sectors. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. Welspun Corp Limited was incorporated in 1995 and is headquartered in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 17.6%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 19.5%.
Net profit has compounded at 98.4% per year over the last five years.
Revenue has grown at a 19.5% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.26.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹16,209.22 Cr (+21.7% YoY); net profit ₹1,613.05 Cr.
- Trailing 12 Months Year-on-year growth — revenue +21.7%, earnings -15.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 19.5%, profit CAGR 98.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 19.55% |
| 1 Year: | 21.67% |
Compounded Profit Growth
| 5 Years: | 98.35% |
| 1 Year: | -15.46% |
Stock Price Performance
| 1 Year: | +81.76% |
| 6 Months: | +127.73% |
| 3 Months: | +56.74% |
| 1 Month: | +22.89% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)74.63 · Overbought
P/E of 27.50 is above the sector median of 27.45 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 19.5% over 5 years.
- Profit CAGR of 98.4% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | WELCORP Welspun Corp Limited NIFTY_SMALLNSEINFRA | 1,682.70 | 27.50 | ₹44,388.05 Cr | 0.31% | 19.46% | 17.62% | 19.55% | 98.35% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,659.00 | 56.84 | ₹3.44 L Cr | 0.66% | 11.90% | 10.66% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,244.70 | 86.92 | ₹3.04 L Cr | 0.57% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,675.50 | 59.31 | ₹2.57 L Cr | 1.03% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 187.67 | 21.70 | ₹2.34 L Cr | 2.09% | 11.32% | 10.56% | -1.59% | 7.21% |
| 6 | HINDZINC Hindustan Zinc Limited NSEINFRA | 532.50 | 16.26 | ₹2.25 L Cr | 3.91% | 61.97% | 61.13% | 5.61% | 9.58% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 963.55 | 16.01 | ₹2.17 L Cr | 0.52% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,133.10 | 56.45 | ₹2.13 L Cr | 0.31% | 4.00% | 4.80% | 14.63% | -10.06% |
| 9 | VAML Vedanta Aluminium Metal Limited NSEINFRA | 452.95 | inf | ₹1.77 L Cr | 0.00% | 41.97% | 49.39% | - | -46.32% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,070.00 Cr | 4,069.00 Cr | 4,059.00 Cr | 4,750.00 Cr | 4,461.00 Cr | 3,137.00 Cr | - | 3,613.51 Cr | 3,924.97 Cr | 3,551.49 Cr | 4,374.00 Cr | 4,532.48 Cr | 4,312.56 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 2,320.64 Cr | 2,498.05 Cr | 2,030.73 Cr | - | 2,848.07 Cr | 2,677.49 Cr |
| Gross Profit | - | - | - | - | - | - | - | 1,292.87 Cr | 1,426.92 Cr | 1,520.76 Cr | - | 1,684.41 Cr | 1,635.07 Cr |
| Operating Expenses | 3,650.00 Cr | 3,712.00 Cr | 3,660.00 Cr | 4,287.00 Cr | 4,131.00 Cr | 2,763.00 Cr | - | 948.46 Cr | 1,053.73 Cr | 1,080.53 Cr | 3,783.00 Cr | 1,161.22 Cr | 1,224.30 Cr |
| Operating Income | 330.00 Cr | 271.00 Cr | 314.00 Cr | 373.00 Cr | 243.00 Cr | 289.00 Cr | - | 344.41 Cr | 373.19 Cr | 440.23 Cr | 507.00 Cr | 523.19 Cr | 410.77 Cr |
| EBITDA | 421.00 Cr | 357.00 Cr | 400.00 Cr | 463.00 Cr | 330.00 Cr | 374.00 Cr | - | 921.69 Cr | 1,029.76 Cr | 609.01 Cr | 591.00 Cr | 736.16 Cr | 645.99 Cr |
| Interest Expense | 95.00 Cr | 92.00 Cr | 75.00 Cr | 62.00 Cr | 75.00 Cr | 66.00 Cr | - | 82.26 Cr | 87.54 Cr | 63.18 Cr | 49.00 Cr | 50.66 Cr | 48.95 Cr |
| Pretax Income | 325.00 Cr | 228.00 Cr | 466.00 Cr | 373.00 Cr | 347.00 Cr | 305.00 Cr | - | 749.39 Cr | 855.23 Cr | 461.05 Cr | 588.00 Cr | 592.96 Cr | 504.01 Cr |
| Tax Provision | 84.50 Cr | 59.28 Cr | 79.22 Cr | 78.33 Cr | 58.99 Cr | 57.95 Cr | - | 77.20 Cr | 156.04 Cr | 111.89 Cr | 147.00 Cr | 136.60 Cr | 132.55 Cr |
| Net Income | 240.00 Cr | 168.00 Cr | 387.00 Cr | 294.00 Cr | 287.00 Cr | 248.00 Cr | - | 674.70 Cr | 698.31 Cr | 350.42 Cr | 444.00 Cr | 452.59 Cr | 370.36 Cr |
| Diluted EPS | 9.02 | 6.32 | 14.70 | 11.15 | 10.24 | 9.46 | - | 25.60 | 26.50 | 13.29 | 16.68 | 17.16 | 14.04 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,450.00 Cr | 7,236.00 Cr | 5,899.00 Cr | 6,347.00 Cr | 8,953.00 Cr | 9,957.00 Cr | 7,153.00 Cr | - | 9,487.06 Cr | 16,895.61 Cr | 13,321.82 Cr | 16,209.22 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 7,418.99 Cr | 12,568.41 Cr | 9,357.21 Cr | 10,866.21 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 2,068.07 Cr | 4,327.20 Cr | 3,964.61 Cr | 5,343.01 Cr |
| Operating Expenses | 7,595.00 Cr | 6,449.00 Cr | 5,380.00 Cr | 5,874.00 Cr | 8,310.00 Cr | 8,756.00 Cr | 6,357.00 Cr | - | 1,843.62 Cr | 3,044.62 Cr | 2,629.64 Cr | 3,348.01 Cr |
| Operating Income | 419.00 Cr | 401.00 Cr | 133.00 Cr | 215.00 Cr | 384.00 Cr | 968.00 Cr | 549.00 Cr | - | 224.45 Cr | 1,282.58 Cr | 1,334.97 Cr | 1,995.00 Cr |
| EBITDA | 855.00 Cr | 787.00 Cr | 519.00 Cr | 473.00 Cr | 644.00 Cr | 1,201.00 Cr | 795.00 Cr | - | 862.53 Cr | 2,057.00 Cr | 2,923.94 Cr | 2,706.20 Cr |
| Interest Expense | 283.00 Cr | 241.00 Cr | 236.00 Cr | 170.00 Cr | 177.00 Cr | 144.00 Cr | 85.00 Cr | - | 225.93 Cr | 295.65 Cr | 310.99 Cr | 205.14 Cr |
| Pretax Income | 231.00 Cr | 258.00 Cr | 36.00 Cr | 173.00 Cr | 101.00 Cr | 1,067.00 Cr | 1,082.00 Cr | - | 333.63 Cr | 1,413.48 Cr | 2,261.88 Cr | 2,146.51 Cr |
| Tax Provision | 18.48 Cr | 79.98 Cr | 25.92 Cr | 20.76 Cr | 123.22 Cr | 416.13 Cr | 259.68 Cr | - | 134.46 Cr | 277.48 Cr | 359.60 Cr | 526.02 Cr |
| Net Income | 214.00 Cr | 179.00 Cr | 10.00 Cr | 153.00 Cr | -22.00 Cr | 654.00 Cr | 827.00 Cr | - | 206.69 Cr | 1,110.40 Cr | 1,908.14 Cr | 1,613.05 Cr |
| Diluted EPS | 2.62 | 5.72 | 1.00 | 5.97 | -0.50 | 24.36 | 29.42 | - | 7.89 | 42.32 | 72.44 | 61.20 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 9,818.00 Cr | 8,637.00 Cr | 8,247.00 Cr | 7,693.00 Cr | 8,200.00 Cr | 7,943.00 Cr | 7,692.00 Cr | - | 15,339.36 Cr | 11,850.23 Cr | 15,236.92 Cr | 20,434.00 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 9,650.37 Cr | 6,086.57 Cr | 8,436.99 Cr | 11,102.55 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 1,016.34 Cr | 818.73 Cr | 1,147.12 Cr | 1,512.59 Cr |
| Inventory | - | - | - | - | - | - | - | - | 5,686.16 Cr | 2,315.56 Cr | 4,211.54 Cr | 4,655.66 Cr |
| Receivables | - | - | - | - | - | - | - | - | 1,140.47 Cr | 1,799.09 Cr | 1,769.13 Cr | 1,718.93 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 10,495.22 Cr | 6,115.76 Cr | 7,508.17 Cr | 11,028.14 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 8,165.19 Cr | 3,976.84 Cr | 6,322.11 Cr | 8,349.81 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 1,909.58 Cr | 1,603.70 Cr | 442.25 Cr | 1,597.73 Cr |
| Total Debt | 3,021.00 Cr | 2,644.00 Cr | 1,843.00 Cr | 1,386.00 Cr | 1,305.00 Cr | 1,061.00 Cr | 1,021.00 Cr | - | 3,345.09 Cr | 1,929.90 Cr | 1,082.64 Cr | 2,357.27 Cr |
| Total Equity | 2,799.00 Cr | 2,799.00 Cr | 2,810.00 Cr | 2,854.00 Cr | 2,798.00 Cr | 3,215.00 Cr | 4,082.00 Cr | - | 4,732.05 Cr | 5,616.29 Cr | 7,462.72 Cr | 9,155.56 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 26.15 Cr | 26.17 Cr | 26.23 Cr | 26.38 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 901.00 Cr | 354.00 Cr | 403.00 Cr | 981.00 Cr | 623.00 Cr | 648.00 Cr | 774.00 Cr | - | -185.13 Cr | 1,305.99 Cr | 1,503.67 Cr | 3,204.28 Cr |
| Investing Cash Flow | 338.00 Cr | -326.00 Cr | 618.00 Cr | 184.00 Cr | -255.00 Cr | -49.00 Cr | -848.00 Cr | - | -416.66 Cr | 367.40 Cr | 180.22 Cr | -3,722.80 Cr |
| Financing Cash Flow | -1,106.00 Cr | -99.00 Cr | -979.00 Cr | -761.00 Cr | -335.00 Cr | -743.00 Cr | -198.00 Cr | - | 908.76 Cr | -1,876.79 Cr | -1,369.08 Cr | 875.09 Cr |
| Capital Expenditure | -89.00 Cr | -232.00 Cr | -81.00 Cr | -48.00 Cr | -58.00 Cr | -174.00 Cr | -256.00 Cr | - | -1,194.18 Cr | -298.96 Cr | -852.72 Cr | -2,532.21 Cr |
| Free Cash Flow | 812.00 Cr | 122.00 Cr | 322.00 Cr | 933.00 Cr | 565.00 Cr | 474.00 Cr | 518.00 Cr | - | -1,379.31 Cr | 1,007.03 Cr | 650.95 Cr | 672.07 Cr |
| Net Change in Cash | 133.00 Cr | -71.00 Cr | 42.00 Cr | 405.00 Cr | 33.00 Cr | -144.00 Cr | -271.00 Cr | - | 306.97 Cr | -203.40 Cr | 314.81 Cr | 356.57 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 21.8% | 25.6% | 29.8% | 33.0% |
| Operating Margin % | 5.0% | 5.5% | 2.3% | 3.4% | 4.3% | 9.7% | 7.7% | - | 2.4% | 7.6% | 10.0% | 12.3% |
| Net Margin % | 2.5% | 2.5% | 0.2% | 2.4% | -0.2% | 6.6% | 11.6% | - | 2.2% | 6.6% | 14.3% | 10.0% |
| ROE % | 7.6% | 6.4% | 0.4% | 5.4% | -0.8% | 20.3% | 20.3% | - | 4.4% | 19.8% | 25.6% | 17.6% |
| ROCE % | - | - | - | - | - | - | - | - | 3.1% | 16.3% | 15.0% | 16.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WELCORP
WELCORP Forecast — Price Target — Prediction for 2027 - TradingView
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WELCORP — Frequently Asked Questions
What is the current share price of Welspun Corp Limited (WELCORP)?
As of 2026-07-15 09:52 IST, Welspun Corp Limited (WELCORP) trades at ₹1,682.70 on NSE. Its 52-week range is ₹719.46 to ₹1,683.40.
What is the market capitalisation of WELCORP?
Welspun Corp Limited (WELCORP) has a market capitalisation of ₹44,388.05 Cr on NSE.
What is the P/E ratio of WELCORP?
WELCORP trades at a trailing price-to-earnings (P/E) ratio of 27.50. The industry average P/E is 27.45. Its price-to-book (P/B) ratio is 5.22.
Does WELCORP pay a dividend?
Welspun Corp Limited (WELCORP) currently offers a dividend yield of 0.31%.
What is the return on equity (ROE) of WELCORP?
WELCORP has a return on equity (ROE) of 17.62%. Its return on capital employed (ROCE) is 19.46%.
Is WELCORP a good stock to buy?
This page provides a data-driven analysis of Welspun Corp Limited (WELCORP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.