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WELCORP Stock Chart & Stats
₹1596.95
₹2.90(0.18%)
At close: 4:00 PM EDT
₹1596.95
₹2.90(0.18%)
Day’s Range― - ―
52-Week Range₹709.75 - ₹1,865.00
Previous CloseN/A
Volume944.90K
Average Volume (3M)18.13K
Market Cap
₹436.11B
Enterprise Value₹202.68K
Total Cash (Recent Filing)₹37.64B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)18.8
Beta1.13
Next Earnings
Oct 29, 2026EPS Estimate
19.6Next Dividend Ex-DateN/A
Dividend Yield0.3%
Share Statistics
EPS (TTM)87.59
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)83.74
Revenue Forecast (FY)₹215.17B
Bulls Say, Bears Say
Bulls Say
Revenue Re-accelerationSustained revenue re-acceleration indicates recovering end-market demand for line pipes and successful tender wins. Over 2-6 months this supports a firmer order book and utilization, improving visibility into near-term production planning and reducing short-term cyclical drag on earnings.
Healthy Operating MarginsMargins near 29% gross and ~9.6% net point to persistent operational strengths and pricing leverage in projects and value-added services. Such margin levels provide structural buffer against commodity swings and support long-term profitability when combined with efficient project execution.
Improved Leverage And ReturnsMaterial deleveraging versus FY2023 and a mid-teens ROE indicate stronger capital structure and healthier shareholder returns. Lower leverage increases resilience to industry downturns, enhances financing optionality for large contracts, and supports durable investment capacity.
Bears Say
Thin And Volatile Free Cash FlowFree-cash conversion is weak and inconsistent, limiting the company’s ability to self-fund capex, pay consistent dividends, or rapidly deleverage after shocks. Working-capital swings and capex-driven variability increase funding risk across the steel cycle and constrain strategic flexibility.
Profitability CyclicalitySignificant margin swings across recent years reflect exposure to steel-cycle volatility and contract pricing dynamics. This structural cyclicality undermines predictability of cash flows and returns, complicating long-term planning and increasing downside risk during commodity-driven downturns.
Rising Absolute Debt Vs Prior YearAlthough leverage ratios improved, the rise in absolute debt versus the prior year erodes headroom for new large projects or shocks. Combined with thin FCF, higher absolute indebtedness can strain liquidity and raise refinancing or interest-rate sensitivity over the medium term.
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 ₹1865.00 in the past 12 months.
What is Welspun Corp Limited’s market cap?
Welspun Corp Limited’s market cap is ₹436.11B.
When is Welspun Corp Limited’s upcoming earnings report date?
Welspun Corp Limited’s upcoming earnings report date is Oct 29, 2026 which is in 82 days.
How were Welspun Corp Limited’s earnings last quarter?
Welspun Corp Limited released its earnings results on Jul 24, 2026. The company reported ₹39.7 earnings per share for the quarter, beating the consensus estimate of ₹13.7 by ₹26.
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 0.3%. See more information on Welspun Corp Limited dividends here
What is Welspun Corp Limited’s EPS estimate?
Welspun Corp Limited’s EPS estimate is 19.6.
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 ₹39.7 in its last earnings report, beating expectations of ₹13.7. Following the earnings report the stock price went down -0.848%.
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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