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WELCORP Stock Chart & Stats
₹802.70
-₹7.40(-0.93%)
At close: 4:00 PM EST
₹802.70
-₹7.40(-0.93%)
Day’s Range― - ―
52-Week Range₹709.75 - ₹1,540.85
Previous CloseN/A
Volume474.15K
Average Volume (3M)18.13K
Market Cap
₹395.49B
Enterprise Value₹361.52B
Total Cash (Recent Filing)₹13.77B
Total Debt (Recent Filing)₹15.45B
Price to Earnings (P/E)24.5
Beta1.21
Next Earnings
Jul 30, 2026Next Dividend Ex-DateN/A
Dividend Yield0.61%
Share Statistics
EPS (TTM)82.38
Shares Outstanding263,790,650
10 Day Avg. Volume15,101
30 Day Avg. Volume18,125
Financial Highlights & Ratios
PEG Ratio-0.84
Price to Book (P/B)2.34
Price to Sales (P/S)1.28
P/FCF Ratio37.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)74.38
Revenue Forecast (FY)₹213.57B
Bulls Say, Bears Say
Bulls Say
Revenue RecoveryRevenue re-accelerated in FY2026 (+13.3%) after a flat year, signaling recovering demand and better backlog conversion for pipeline projects. Given long project cycles, sustained order flow supports multi-month revenue visibility and steadier utilization at manufacturing assets.
Healthy ProfitabilityRobust gross and net margins with solid ROE indicate structural operating leverage and pricing power on value-added coated pipe solutions. The ability to sell coatings and finish services raises realizations versus commodity pipe, supporting sustainable mid-cycle profitability.
Improved Balance SheetMaterial reduction in leverage versus earlier years and meaningful equity growth provide greater financial flexibility to bid large, multi-quarter contracts and absorb cyclical downturns. Lower leverage reduces refinancing risk and supports measured capex or working-capital needs.
Bears Say
Weak Cash ConversionFree-cash conversion is thin and inconsistent—FCF only ~18% of net income in FY2026 with swings including negative FCF historically—suggesting working-capital build or elevated capex. This chronic cash volatility limits internal funding for dividends, debt reduction, and reinvestment.
Earnings CyclicalityProfitability has shown sharp swings as margins compressed materially year-over-year, underscoring exposure to the steel commodity cycle and project timing. Such volatility undermines predictable earnings power and complicates long-term capital allocation and guidance.
Tender-driven, Input-price RiskBusiness relies on tender-driven project wins and effective raw-material pass-through. Lumpy order intake plus inability to fully pass through sudden steel-price increases or supply constraints can compress margins and create uneven revenue timing across multi-month project cycles.
Welspun Corp Limited News
WELCORP FAQ
What was Welspun Corp Limited’s price range in the past 12 months?
Welspun Corp Limited lowest stock price was ₹709.75 and its highest was ₹1540.85 in the past 12 months.
What is Welspun Corp Limited’s market cap?
Welspun Corp Limited’s market cap is ₹395.49B.
When is Welspun Corp Limited’s upcoming earnings report date?
Welspun Corp Limited’s upcoming earnings report date is Jul 30, 2026 which is in 26 days.
How were Welspun Corp Limited’s earnings last quarter?
Welspun Corp Limited released its earnings results on May 21, 2026. The company reported ₹14.05 earnings per share for the quarter, missing the consensus estimate of ₹16.233 by -₹2.183.
Is Welspun Corp Limited overvalued?
According to Wall Street analysts Welspun Corp Limited’s price is currently Overvalued.
Does Welspun Corp Limited pay dividends?
Welspun Corp Limited pays a Annually dividend of ₹5 which represents an annual dividend yield of 0.61%. See more information on Welspun Corp Limited dividends here
What is Welspun Corp Limited’s EPS estimate?
Welspun Corp Limited’s EPS estimate is 15.
How many shares outstanding does Welspun Corp Limited have?
Welspun Corp Limited has 263,790,650 shares outstanding.
What happened to Welspun Corp Limited’s price movement after its last earnings report?
Welspun Corp Limited reported an EPS of ₹14.05 in its last earnings report, missing expectations of ₹16.233. Following the earnings report the stock price went up 1.026%.
Which hedge fund is a major shareholder of Welspun Corp Limited?
Currently, no hedge funds are holding shares in IN:WELCORP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Welspun Corp Limited
Mumbai, India-based Welspun Corp Limited, incorporated in 1995, operates as a leading global producer and vendor of steel piping, protective coatings, plates, and coils. The company maintains a significant presence in the United States, Saudi Arabia, and its home country of India. Its extensive product portfolio encompasses a variety of steel pipes, including helically, longitudinally, and electric resistance welded types, as well as pig iron, ductile iron, and stainless steel pipes, tubes, and bars. Additionally, Welspun provides billets and thermo-mechanically treated rebars. Complementing its manufacturing capabilities, the firm offers specialized services such as double jointing, pipe bending, ID machining, and comprehensive dump site and inventory management. These diverse products and services are crucial for numerous sectors, supporting onshore and offshore oil, gas, and water transmission, downstream oil and gas distribution, anti-corrosion applications, infrastructure and housing construction, potable water systems, petrochemicals, nuclear power, fertilizers, energy, defense, railways, aerospace, and general forging and engineering industries. The company adopted its current name in April 2010, having previously traded as Welspun Gujarat Stahl Rohren Limited.
Technical Analysis
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