Welspun Corp Ltd
WELCORPWelspun Corp Ltd
WELCORP
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 17.23 | 2.87 | 0.94% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 23.81 | 3.14 | 2.85% |
Forecast & Ratings
Detailed Forecastfrom 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Welspun Corp Limited is a diameter line pipe company, engaged in the business of production and coating of submerged arc welded pipes, hot rolled steel plates and coils, and power generation.
Investor Presentation
View olderPeers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 8,559.08 | 7,343.93 | 6,044.01 | 6,475.84 | 9,088.13 | 10,278.68 | 7,781.92 | 7,056.33 | 10,153.29 | 15,005.68 | ||||||||||
Raw Materials | 5,812.06 | 4,410.34 | 4,212.76 | 4,363.79 | 6,287.46 | 7,358.29 | 4,243.97 | 4,305.09 | 8,892.99 | 13,257.90 | ||||||||||
| Power & Fuel Cost | 110.21 | 116.76 | 106.26 | 91.33 | 113.28 | 122.31 | 197.81 | 162.39 | 305.61 | |||||||||||
| Employee Cost | 531.44 | 557.64 | 430.55 | 417.21 | 571.96 | 636.50 | 454.46 | 383.48 | 541.05 | |||||||||||
| Selling & Administrative Expenses | 249.48 | 242.76 | 120.62 | 115.84 | 157.11 | 141.70 | 112.12 | 480.63 | 667.63 | |||||||||||
| Operating & Other expenses | 905.08 | 1,130.32 | 516.10 | 886.14 | 1,420.60 | 576.06 | 1,360.16 | 707.54 | -1,133.75 | |||||||||||
EBITDA | 950.81 | 886.11 | 657.72 | 601.53 | 537.72 | 1,443.82 | 1,413.40 | 1,017.20 | 879.76 | 1,747.78 | ||||||||||
| Depreciation/Amortization | 436.50 | 386.48 | 386.08 | 258.16 | 259.73 | 233.29 | 246.47 | 254.75 | 302.97 | 343.23 | ||||||||||
| PBIT | 514.31 | 499.63 | 271.64 | 343.37 | 277.99 | 1,210.53 | 1,166.93 | 762.45 | 576.79 | 1,404.55 | ||||||||||
| Interest & Other Items | 283.03 | 241.14 | 235.71 | 170.15 | 177.37 | 144.02 | 84.95 | 101.89 | 243.16 | 332.43 | ||||||||||
| PBT | 231.28 | 258.49 | 35.93 | 173.22 | 100.62 | 1,066.51 | 1,081.98 | 660.56 | 333.63 | 1,072.12 | ||||||||||
| Taxes & Other Items | 162.23 | 106.69 | 9.49 | 14.92 | 113.86 | 431.05 | 314.41 | 221.75 | 126.94 | 262.89 | ||||||||||
| Net Income | 69.05 | 151.80 | 26.44 | 158.30 | -13.24 | 635.46 | 767.57 | 438.81 | 206.69 | 809.23 | ||||||||||
| EPS | 2.62 | 5.75 | 1.00 | 5.97 | -0.50 | 24.16 | 29.42 | 16.82 | 7.91 | 30.94 | ||||||||||
| DPS | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 10.50 | 5.00 | 5.00 | 5.00 | 5.00 | ||||||||||
| Payout ratio | 0.19 | 0.09 | 0.50 | 0.08 | — | 0.43 | 0.17 | 0.30 | 0.63 | 0.16 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Welspun Corp Ltd | 67.47 | 2.87 | 0.94% |
| JSW Steel Ltd | 48.13 | 2.97 | 0.51% |
| Tata Steel Ltd | 18.25 | 1.52 | 2.75% |
| Jindal Steel And Power Ltd | 21.66 | 1.76 | 0.29% |
Price Comparison
Compare WELCORP with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.64%
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Welspun Corp Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0223% | Percentage of the fund’s portfolio invested in the stock 2.38% | Change in the portfolio weight of the stock over the last 3 months 0.99% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/78 (+6) |
ADITYA BIRLA SUN LIFE PURE VALUE FUND-DIRECT PLAN-GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0563% | Percentage of the fund’s portfolio invested in the stock 3.12% | Change in the portfolio weight of the stock over the last 3 months 0.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/81 (+6) |
DSP India T.I.G.E.R. Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3421% | Percentage of the fund’s portfolio invested in the stock 1.73% | Change in the portfolio weight of the stock over the last 3 months 1.73% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/71 (+52) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
WELCORP has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.89%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹8.91 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 16, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Jun 16, 2023
Cash Dividend
Ex DateEx DateJun 9, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Jun 9, 2022
Cash Dividend
Ex DateEx DateAug 9, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Aug 9, 2021
Cash Dividend
Ex DateEx DateAug 6, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Aug 6, 2020
Cash Dividend
Ex DateEx DateFeb 12, 2020
Dividend/Share
₹10.00
Ex DateEx Date
Feb 12, 2020
News & Opinions
News Video
Key Stocks In Focus: Honasa Consumer, TVS Motor, NMDC, IndiGo, Cipla, Genesys Inter & Welspun Corp
2 weeks ago•CNBC-TV18
News Video
Anil Singhvi In Conversation With Mr. Vipul Mathur, MD & CEO Of Welspun Corp Ltd
3 weeks ago•Zee Business
Welspun Corp. Shares Hit 15-Year High After Firm Turns Profitable In Q2
1 month ago•Bloomberg Quint
News Video
D-Street Chatter: Buzz About Welspun Corp, Tata Motors & More | Stocks To Watch Out For | N18S
1 month ago•CNBC-TV18
News Video
D-Street Chatter: What's Buzzing At The Dealers' Desk? | CNBC TV18
1 month ago•CNBC-TV18
News Video
Market Opening Bell LIVE | Indices Open Flat; Tata Steel, Welspun Corp, RPP Infra In Focus
2 months ago•CNBC-TV18
Stocks to watch today: August 8, 2023
4 months ago•The Hindu Businessline
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.41%, vs industry avg of 13.89%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.42% to 1.28%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 5.48%, vs industry avg of 8.5%