Welspun Corp Limited (IN:WELCORP)
:WELCORP
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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 - ₹1,425.90
Previous CloseN/A
Volume474.15K
Average Volume (3M)18.13K
Market Cap
₹365.72B
Enterprise Value₹356.93B
Total Cash (Recent Filing)₹13.77B
Total Debt (Recent Filing)₹15.45B
Price to Earnings (P/E)23.1
Beta1.17
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 Growth RecoveryFY2026 revenue growth of +13.3% signals durable demand recovery for line-pipe projects and better backlog conversion. For a project-driven manufacturer, sustained orderflow and backlog conversion underpin multi-month revenue visibility and support steady capacity utilization and operating leverage.
Healthy Margins & ReturnsConsistent gross margin around 29% and mid-single-digit net margins with ROE ~17.6% reflect structural pricing power from value-added coatings and project execution. These margin levels provide durable earnings capacity when combined with differentiated product and service mix in pipeline projects.
Improving LeverageMaterial reduction in leverage versus earlier years strengthens balance-sheet resilience. Lower relative debt increases financial flexibility to bid on large tenders, withstand project timing swings, and manage interest costs—key for a capital-intensive pipe manufacturer over the medium term.
Bears Say
Volatile Free Cash FlowThin and inconsistent free-cash-flow conversion—FCF only ~18% of net income in FY2026 and prior negative years—indicates working-capital swings or higher capex. This reduces internal funding for growth, increases reliance on external financing, and constrains durable capital allocation.
Earnings CyclicalityProfitability is sensitive to steel-cycle and tender pricing; margins swung materially year-to-year. For a project/tender-driven business, this structural cyclicality creates forecasting uncertainty, pressures return stability, and complicates long-term investment and dividend predictability.
Rising Absolute DebtAlthough leverage ratio improved, absolute debt rose versus FY2025 which can strain flexibility if sector demand weakens. Higher nominal debt increases fixed obligations and may restrict bidding capacity or trigger higher funding costs during downturns, weakening durable resilience.
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 ₹1425.90 in the past 12 months.
What is Welspun Corp Limited’s market cap?
Welspun Corp Limited’s market cap is ₹365.72B.
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 56 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
Welspun Corp Limited, together with its subsidiaries, manufactures and sells steel pipes and coatings, plates, and coils in the United States, Saudi Arabia, and India. The company offers helically, longitudinally, and electric resistance welded pipes; pig iron and ductile iron pipes; billets and thermo mechanically treated rebars; stainless steel pipes, tubes, and bars, as well as double jointing, pipe bending, ID machining, and dump site and inventory management services. Its products are used in onshore and offshore oil, gas, and water transmission; downstream oil and gas distribution; anti-corrosion; infrastructure and housing construction; potable water distribution; petrochemicals, nuclear power, fertilizers, energy and power, defense, railways, and aerospace; and forging and engineering industries. 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 based in Mumbai, India.
Technical Analysis
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