Good evening :)
Place Order
Add to Watchlist

Welspun Corp Ltd

WELCORP

Welspun Corp Ltd

WELCORP
MaterialsIron & Steel
SmallcapWith a market cap of ₹20,826 cr, stock is ranked 338
High RiskStock is 3.06x as volatile as Nifty
796.701.06% (-8.50)
796.701.06% (-8.50)

Price Chart

High
—
Low
—
Returns
—
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹20,826 cr, stock is ranked 338
High RiskStock is 3.06x as volatile as Nifty

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹20,826 cr, stock is ranked 338
High RiskStock is 3.06x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
19.023.620.63%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.003.521.32%

Forecast & Ratings

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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 older 

Nov 12, 2024

PDF
View Older Presentations

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 14.45%, vs industry avg of 9.86%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.71% to 2.27%

Loading...

Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue7,343.936,044.016,475.849,088.1310,278.687,781.927,056.3310,153.2917,843.9016,108.55
Raw Materialssubtract4,410.344,212.764,363.796,287.467,358.294,243.974,305.098,799.0910,734.1514,094.21
Power & Fuel Costsubtract116.76106.2691.33113.28122.31197.81162.39399.51540.99
Employee Costsubtract557.64430.55417.21571.96636.50454.46383.48541.05937.64
Selling & Administrative Expensessubtract242.76120.62115.84157.11141.70112.12480.63667.631,226.24
Operating & Other expensessubtract1,130.32516.10886.141,420.60576.061,360.16707.54-1,133.752,339.15
Depreciation/Amortizationsubtract386.48386.08258.16259.73233.29246.47254.75302.97347.87350.36
Interest & Other Itemssubtract241.14235.71170.15177.37144.0284.95101.89243.16304.38286.93
Taxes & Other Itemssubtract106.699.4914.92113.86431.05314.41221.75126.94303.08282.22
EPS5.751.005.97-0.5024.1629.4216.827.9142.4541.84
DPS0.500.500.500.5010.505.005.005.005.005.00
Payout ratio0.090.500.08—0.430.170.300.630.120.12

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 27PDF
Feb 11PDF
Feb 10PDF
Oct 28PDF
FY 2023

Annual report

PDF

Investor Presentation

May 30PDF
Feb 2PDF
Nov 22PDF
+2 more
FY 2025

Annual Report Pending

Investor Presentation

Nov 12PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Welspun Corp Ltd18.763.620.63%
JSW Steel Ltd27.543.040.92%
Tata Steel Ltd-41.031.972.47%
Jindal Steel And Power Ltd15.942.120.21%

Price Comparison

Compare WELCORP with any stock or ETF
Compare WELCORP with any stock or ETF
WELCORP
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.13%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding50.01%6.70%10.94%11.65%20.71%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep7.77%9.42%10.56%10.70%10.51%11.65%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.16%

Top 5 Mutual Funds holding Welspun Corp Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
DSP Small Cap Fund - Growth - Direct Plan

Growth
2.2942%2.93%0.38%5/81 (+2)
Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan

Growth
1.2452%1.16%0.36%56/89 (+2)
Aditya Birla Sun Life Pure Value Fund - Growth - Direct Plan

Growth
0.8394%2.74%0.37%7/87 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Loading...

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.28 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJun 28, 2024

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Jun 28, 2024

Cash Dividend

Ex DateEx DateJun 16, 2023

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Jun 16, 2023

Cash Dividend

Ex DateEx DateJun 9, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Jun 9, 2022

Cash Dividend

Ex DateEx DateAug 9, 2021

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Aug 9, 2021

Cash Dividend

Ex DateEx DateAug 6, 2020

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Aug 6, 2020

News & Opinions
Spotlight
Welspun Corp hits life high after bagging supply orders in US

The company said that execution of these order will be during FY25 & FY26. With addition of these two new orders, value of the cumulative orders received by its USA Plant till date in this Q3FY25 exceeds Rs 7,000 crore. On outlook front, the company said the USA market remains extremely positive for next couple of years and it is fully poised to benefit from more opportunities in the time to come Welspun Corp is primarily engaged in business of manufacture and distribution of steel and steel products. The company's consolidated net profit declined 25.4% to Rs 286.95 crore on 18.7% drop in net sales to Rs 3,301.83 crore in Q2 FY25 over Q2 FY24. The scrip hit an all-time high of Rs 824.50 in today's intraday session.Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
Welspun Corp Ltd up for five straight sessions

Welspun Corp Ltd rose for a fifth straight session today. The stock is quoting at Rs 753, up 0.8% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 24161.15. The Sensex is at 79896.82, down 0.27%. Welspun Corp Ltd has added around 4.76% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 3.7% in last one month and is currently quoting at 8883, up 0.59% on the day. The volume in the stock stood at 2.73 lakh shares today, compared to the daily average of 8.4 lakh shares in last one month.The PE of the stock is 45.3 based on TTM earnings ending September 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Welspun Corp Ltd rises for third straight session

Welspun Corp Ltd is up for a third straight session today. The stock is quoting at Rs 700.4, up 1.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. Welspun Corp Ltd has slipped around 1.7% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has slipped around 5.1% in last one month and is currently quoting at 8717.4, up 1.19% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.11 lakh shares in last one month.The PE of the stock is 41.9 based on TTM earnings ending September 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Welspun Corp consolidated net profit declines 25.40% in the September 2024 quarter

Net profit of Welspun Corp declined 25.40% to Rs 286.95 crore in the quarter ended September 2024 as against Rs 384.67 crore during the previous quarter ended September 2023. Sales declined 18.66% to Rs 3301.83 crore in the quarter ended September 2024 as against Rs 4059.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3301.834059.45 -19 OPM %12.109.84 - PBDT452.17551.21 -18 PBT362.96465.53 -22 NP286.95384.67 -25 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Welspun Corp Ltd soars 3.48%

Welspun Corp Ltd is up for a third straight session in a row. The stock is quoting at Rs 799.75, up 3.48% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.04% on the day, quoting at 24230.1. The Sensex is at 79668.59, down 0.88%. Welspun Corp Ltd has risen around 15.01% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has risen around 3.54% in last one month and is currently quoting at 9656.45, down 2.16% on the day. The volume in the stock stood at 7.62 lakh shares today, compared to the daily average of 5.9 lakh shares in last one month.The PE of the stock is 40.37 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Welspun Corp bags orders for supplying HSAW pipes to gas project in USA

The aforementioned order would be executed in FY26. This win further reinforces our leading position in the USA O&G market. Our outlook for the USA market remains extremely positive. We have also participated in few more projects and are favourably placed in additional 1-2 large projects,' the company said in a statement. Welspun Corp is primarily engaged in business of manufacture and distribution of steel and steel products. The company's consolidated net profit jumped 50.06% to Rs 248.18 crore despite a 22.90% fall in sales to Rs 3,137.23 crore in Q1 FY25 over Q1 FY24. The scrip declined 1% to currently trade at Rs 725.25 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Welspun Corp to discuss results

Welspun Corp will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Welspun Corp Ltd gains for fifth session

Welspun Corp Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 729.35, up 1.07% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 24774.65. The Sensex is at 80968.72, down 0.65%. Welspun Corp Ltd has added around 7% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 3.76% in last one month and is currently quoting at 9741.7, down 0.83% on the day. The volume in the stock stood at 7.59 lakh shares today, compared to the daily average of 10.26 lakh shares in last one month.The PE of the stock is 37.6 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Welspun Corp wins order of Rs 2,400 cr

Welspun Corp has received a significantly large order in the USA valued at Rs 2,400 crore (approx.), for supply of Coated HSAW Pipes for a Natural gas Pipeline project. Execution of this order will be during FY25 and FY26. The company said, This win further reinforces our credibility and demonstrate our leading position in the USA market. Our outlook for the USA market remains extremely positive and there are few more projects, where we have participated and are favourably placed for orders.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Welspun Corp Ltd soars 1.45%, Gains for third straight session

Welspun Corp Ltd is up for a third straight session in a row. The stock is quoting at Rs 751.25, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.04% on the day, quoting at 25907.85. The Sensex is at 84562.88, down 1.18%. Welspun Corp Ltd has added around 7.6% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 10.12% in last one month and is currently quoting at 10064.6, up 1.83% on the day. The volume in the stock stood at 15.81 lakh shares today, compared to the daily average of 7.32 lakh shares in last one month.The PE of the stock is 38.62 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 months agoCapital Market - Live