Welspun Corp Ltd Share Price

Q: What is the share price of Welspun Corp Ltd today?

Welspun Corp Ltd share price as on 22 Jan 2025 is ₹779.75

Steel - Large

NSE: WELCORP Small Cap ISIN: INE191B01025

As on 22 January 2025 at 15:58 IST

₹779.75

-12.90

(-1.63%)

Sell Buy

About Welspun Corp Ltd

Welspun Corp Ltd. is a leading Indian multinational company specializing in the manufacturing of large-diameter pipes. It was founded in the year 1995. The company has decades of experience in the industry. The headquarters of the company is located in Mumbai, Maharashtra, India. Welspun Corp's main products include high-grade line pipes such as LSAW, HSAW, HFW, and HFIW pipes. The company also manufactures stainless steel pipes, ductile iron (DI) pipes, tubes, and bars. It even produces TMT (Thermo Mechanically Treated) rebars. Welspun Corp Ltd. falls under the pipe solutions and building materials sector. Read More...

Over 1 Month

3.10%

Over 6 Months

21.06%

Over 1 Year

34.59%

Over 3 Years

344.68%

Welspun Corp Ltd Summary

Close ₹ 779.75

Open ₹ 791.95

High ₹ 797.95

Low ₹ 755.60

Volume 3,79,653

Net Turnover (in ₹) ₹ 81,08,03,529.10

52Wk High ₹ 835

52Wk Low ₹ 440.15

52Wk High / Low

440.15

835

Welspun Corp Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 20,795.12

EPS (TTM) 16.48

Book Value (BV) 139.64

Div. Yield 0.63 %

P/E (TTM) 47.99

Price/Book Value 5.66

Delivery % 43.47 %

Face Value 5

Key Ratios

PE Ratio 28.35

PB Ratio 3.79

EV to Sales 1.59

PEG Ratio 0.40

ROA 9.63

ROE 14.07

Debt-Equity 0.56

Net Profit Margin 5.25

Operating Profit Margin 10.63

Welspun Corp Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	17,582.06	10,078.08	7,056.33	7,509.39	10,072.65
Total Expenses	16,430.42	9,819.66	6,390.05	6,688.90	9,174.11
Profit Before Tax	1,413.48	333.63	660.56	1,093.03	1,104.57
Profit After Tax	1,136	199.17	444.17	837.69	692.13
Operating Profit after Depreciation	1,456.02	501.58	768.17	905.44	1,042.56

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	4,736.94	4,856.42	2,418.50	2,584.09	1,610.40
Total Non Current Assets	5,763.66	5,688.99	4,852.67	3,419.68	2,207.08
Total Current Assets	6,086.57	9,650.37	4,316.21	4,272.07	5,736.09
TOTAL ASSETS	11,850.23	15,339.36	9,168.88	7,691.74	7,943.17
Total Shareholder's Fund	5,616.29	4,732.05	4,428.32	4,082.75	3,215.24

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,305.99	-185.13	218.47	774.49	648.13
Net Cash used in Investing Activities	373.18	-347.50	-200.80	-847.68	-48.89
Net Cash used in Financing Activities	-1,876.79	908.76	452.74	-198.12	-743.09

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	9,558.29	7,993.62	5,770.49	6,150.32	4,655.23
Total Expenses	8,962.79	7,622.59	5,175.63	4,839.91	4,203.09
Profit Before Tax	595.50	371.03	594.86	1,310.40	452.14
Profit After Tax	476.35	277.19	485.72	1,025.14	306.20
Operating Profit after Depreciation	800.89	564.87	671.74	1,368.34	563.51

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,243.06	2,269.75	992.49	1,078.95	810.32
Total Non Current Assets	3,610.42	3,712.16	2,566.34	1,734.38	1,038.51
Total Current Assets	4,151.41	4,656.20	3,866.88	3,436.94	3,831.12
TOTAL ASSETS	7,761.83	8,368.36	6,433.22	5,171.32	4,869.63
Total Shareholder's Fund	3,563.87	3,207.19	3,054.40	2,706.58	1,560.41

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	637.68	-439.06	193.30	378.29	16.16
Net Cash used in Investing Activities	725.52	-27.02	-162.55	-197.96	359.19
Net Cash used in Financing Activities	-1,545.95	592.79	234.54	-197.42	-374.15

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,301.83	3,137.23	4,461.17	4,749.71	4,059.45
Total Expenses	2,902.23	2,763.28	4,131.02	4,286.74	3,659.93
Profit Before Tax	352.02	305.24	347.11	372.68	465.53
Profit After Tax	282.96	247.94	287.28	293.70	386.57
Operating Profit after Depreciation	535.63	456.46	508.46	524.73	626.19

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,032.88	2,072.51	2,877.46	2,322.73	1,778.34
Total Expenses	1,841.42	1,865.82	2,742.25	2,213.60	1,708.37
Profit Before Tax	145.30	152.82	227.02	31.89	220.11
Profit After Tax	108.26	113.54	188.72	21.89	178.45
Operating Profit after Depreciation	241.99	239.65	314.08	118.43	311.50

Welspun Corp Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 780.78

S2 768.92

S3 747.83

Pivot 801.87

R1 813.73

R2 834.82

R3 846.68

Moving Average

20 SMA 785.35

50 SMA 770.92

100 SMA 740.67

200 SMA 671.58

Welspun Corp Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Welspun Corp Ltd

₹5/Share

Announcement Date 28 Jun 2024

Record Date 28 Jun 2024

Div Yield 100%

AGM Date: 29 Jul 2022

AGM 29/07/2022 Pursuant to Regulations 30 & other applicable regulations of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find attached notice of 27th Annual General Meeting of the Company to be held on Friday, July 29, 2022 via Video Conferencing ('VC')/Other Audio Visual Means ('OAVM') at 11:30 a.m (As per BSE Announcement Dated on 07/07/2022) Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the copies of newspaper advertisements published in today's Financial Express (English), Kutchmitra and Kutchuday (Gujarati), in respect of 27th Annual General Meeting of the Company to be held on Friday, July 29, 2022 at 11.30 a.m. and information related to e-voting. (As Per BSE Announcement dated on 08.07.2022) In compliance with the Regulation 30(6), Part-A of Schedule-III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the brief proceedings of the 27th Annual General Meeting (AGM) of the Company held on Friday, July 29, 2022 at 11:30 a.m. through audio-visual mode and concluded at 12:20 p.m. (As per BSE Announcement Dated on 29/07/2022)

AGM Date: 22 Sep 2023

AGM 22/09/2023 Newspaper Advertisement - Pre Dispatch of Notice of AGM (As Per BSE Announcement Dated on 29/08/2023) Please find attached herewith the Proceedings of AGM held on September 22, 2023. (As Per BSE Announcement dated on 22.09.2023)

AGM Date: 26 Sep 2024

Attaching herewith copies of newspaper advertisement w.r.t. dispatch of Annual Report for the FY 2023-2024 along with Notice of 29th Annual General Meeting of the Company to be held on September 26, 2024 at 3.30 p.m. Scrutinizer''s Report of E-voting of 29th Annual Genral Meeting of the company held through video conferencing on September 26,2024. (As Per BSE Announcement Dated on: 26/09/2024)

Welspun Corp Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Welspun Corp Ltd	₹790.95	₹20,750.53
JSW Steel Ltd	₹926.45	₹2,26,559.08
Tata Steel Ltd	₹129.65	₹1,61,848.93
Jindal Steel & Power Ltd	₹918.70	₹93,715.49
Tube Investments of India Ltd	₹3,373	₹65,259.70
Jindal Stainless Ltd	₹633.35	₹52,173.45

Welspun Corp Ltd News

Welspun Corp Ltd soars 2.17%, gains for fifth straight session

Welspun Corp Ltd is quoting at Rs 796.6, up 2.17% on the day as on 12:44 IST on the NSE. The stock is up 35.26% in last one year as compared to a 9.88% jump in NIFTY and a 14.69% jump in the Nifty Metal.

20 Jan 2025, 01:00 pm

Welspun Corp Ltd gains for third straight session

Welspun Corp Ltd is quoting at Rs 777.15, up 2.2% on the day as on 12:49 IST on the NSE. The stock is up 36.26% in last one year as compared to a 8.08% jump in NIFTY and a 9.17% jump in the Nifty Metal index.

16 Jan 2025, 01:06 pm

Welspun Corp edge higher on inking MoU with Saudi Aramco

Welspun Corp jumped 5.97% to Rs 773.25 after the company signed a Memorandum of Understanding (MOU) with Saudi Aramco to establish a state-of-the-art longitudinal submerged arc welding (LSAW) line pipe manufacturing facility in Saudi Arabia.

15 Jan 2025, 09:45 am

Welspun Corp Ltd slips for fifth straight session

Welspun Corp Ltd is quoting at Rs 715, down 0.69% on the day as on 13:19 IST on the NSE. The stock tumbled 2.9% in last one year as compared to a 4.81% rally in NIFTY and a 4.9% spurt in the Nifty Metal index.

14 Jan 2025, 01:35 pm

Welspun Corp gains after arm bags multiple contracts worth Rs 130 cr

Welspun Corp rose 1% to Rs 795.70 after the company's associate, East Pipes Integrated Company (EPIC) has bagged multiple contracts for manufacturing, supply of steel pipes and coating with value exceeding SAR 57 million (Approximately Rs 130 crore).

26 Dec 2024, 09:58 am

Welspun Corp Ltd Stock Analysis

Annual revenue for Welspun Corp Ltd increased by 19.57% to ₹9,558.29 crore in FY 2024 from ₹7,993.62 crore in FY 2023.
Annual Net Profit for Welspun Corp Ltd increased by 71.85% to ₹476.35 crore in FY 2024 from ₹277.19 crore in FY 2023.
Promoter Shareholding in Welspun Corp Ltd remains unchanged by 0.00% in the most recent quarter, from 50.01% in September 2024 to 50.01% in December 2024.
Welspun Corp Ltd delivered a 1-year return of 34.59% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Welspun Corp Ltd share price moved down by 1.63% from its previous close of INR ₹792.65. The latest Welspun Corp Ltd share price is INR ₹779.75.
Welspun Corp Ltd share price today has been at a low of 755.60 and a high of 797.95. Over the past 52 weeks, the Welspun Corp Ltd share price has seen a low of 440.15 and a high of 835.

About Welspun Corp Ltd

Welspun Corp Ltd. is a leading Indian multinational company specializing in the manufacturing of large-diameter pipes. The company operates in the pipe solutions and building materials sector. Welspun Corp was founded in 1995. It has established a strong presence in the global market, with operations spanning many continents and countries.

The headquarters of Welspun Corp Ltd. is located in Mumbai, Maharashtra, India. The company is promoted by the Welspun Group, with Balkrishan Goenka serving as the Chairman. On the other hand, Vipul Mathur serves as the Managing Director and CEO. The other managerial promoters of the company include:

Rajesh R Mandawewala
Aneesh Misra
Amita Misra

Welspun Corp mainly produces a wide array of high-grade line pipes. These products include Longitudinal Submerged Arc Welded (LSAW), Horizontal Submerged Arc Welded (HSAW), High-Frequency Welded (HFW), and High-Frequency Induction Welded (HFIW) pipes. The company also manufactures ductile iron (DI) pipes, stainless steel pipes, tubes, and bars. Additionally, Welspun Corp has forayed into the production of TMT rebars to cater to the growing infrastructure needs.

Welspun Corp Ltd. is one of the largest global large-diameter pipe manufacturers. The company has a high market capitalization that makes it a major player in the industry. Welspun Corp is recognized for its technological expertise, innovation, and commitment to quality.

The promoter shareholding in Welspun Corp Ltd. stands at 50.01%, indicating strong promoter commitment to the business. Balkrishan Goenka, the trustee of Welspun Group Master Trust, owns major shares of the company. He holds 44.79% stake among the total promoter shareholdings.

The registered office of Welspun Corp Ltd. is located at " Welspun City", Kutch Dist., Gujarat - 370110, India. Its registrar is situated at C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India.

Welspun Corp Ltd. is a well-established pipe solutions company in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to innovation, quality, and customer satisfaction has solidified its position as a reliable name in the pipe solutions and building materials sector.

International Presence of the Company

Welspun Corp Ltd. stands as a testament to India's industrial prowess. This is because it emerged as a global powerhouse in the manufacturing of large-diameter pipes and building materials. Initiated in 1995, the company has transformed from a domestic manufacturer to an international industry leader. This transformation is possible through its achievement of a remarkable mark across fifty countries. Their global expansion reflects the company’s strategic vision and commitment to meeting the diverse infrastructure needs of international markets.

The company's international presence is characterized by its comprehensive range of high-grade pipe solutions that cater to multiple industries worldwide. Welspun Corp has developed an impressive portfolio of products. This includes Longitudinal Submerged Arc Welded (LSAW) and Horizontal Submerged Arc Welded (HSAW). It also offers High-Frequency Welded (HFW) and High-Frequency Induction Welded (HFIW) pipes.

These sophisticated pipe solutions have found applications in critical infrastructure projects across the energy, water, construction, and transportation sectors globally. The company's ability to manufacture ductile iron pipes, stainless steel pipes, tubes, and bars, along with TMT rebars, demonstrates its versatility and technological capabilities that appeal to international markets.

The strategic approach to international expansion is deeply rooted in the company's leadership. Under the guidance of key promoters, Welspun Corp has successfully positioned itself as a global competitor. The company's significant market capitalization underscores its major market standing and investor confidence. With a promoter shareholding of 50.01%, the leadership has maintained a strong commitment to the company's long-term global growth strategy.

Welspun Corp's international success can be attributed to several key factors. The company has invested heavily in technological expertise. This ensures that its products meet the highest international quality standards. Also, its innovative manufacturing processes and commitment to research and development have enabled it to compete effectively in diverse global markets. The company's ability to adapt to different regional requirements and provide customized pipe solutions has been crucial in establishing its international reputation.

The global reach of Welspun Corp extends beyond mere product distribution. The company has strategically developed manufacturing and operational capabilities that allow it to serve international clients efficiently. By maintaining a presence across many continents, Welspun Corp Ltd. has demonstrated its capacity to understand and respond to the unique infrastructure challenges of different regions. This approach has helped the company build long-term relationships with international clients and establish itself as a reliable partner in critical infrastructure projects.

Welspun Corp Ltd. represents a remarkable example of an Indian company achieving global success in the pipe solutions industry. From its headquarters in Mumbai, the company has successfully expanded its footprint across fifty countries. This is driven by their quality manufacturing and a strategic vision for international growth.

As infrastructure development continues to be a critical global priority, Welspun Corp Ltd. is well-positioned to play a significant role in shaping infrastructure solutions worldwide. The company's journey also illustrates the potential of Indian enterprises to compete and excel on the international stage, bringing innovative solutions to global markets.