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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 - ₹1,707.95
Previous CloseN/A
Volume944.90K
Average Volume (3M)18.13K
Market Cap
₹436.11B
Enterprise Value₹202.68K
Total Cash (Recent Filing)₹37.90B
Total Debt (Recent Filing)₹23.55B
Price to Earnings (P/E)18.8
Beta1.13
Next Earnings
Oct 29, 2026EPS Estimate
18.9Next Dividend Ex-DateN/A
Dividend Yield0.3%
Share Statistics
EPS (TTM)61.23
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)83.5
Revenue Forecast (FY)₹215.21B
Bulls Say, Bears Say
Bulls Say
Revenue Re-acceleration And Healthy MarginsFY2026 revenue re-acceleration and mid-to-high single-digit net margins reflect recovering project demand and available pricing/operating leverage. Sustained top-line recovery with ~29% gross margin improves structural earnings resilience and supports cash generation and operational stability over the medium term.
Improved Leverage And Solid ROEMaterial reduction in leverage and a meaningful ROE indicate stronger capital structure and improved capital efficiency. Lower D/E reduces financial stress and interest burden, giving the company structural flexibility to bid on large contracts and absorb industry shocks across coming quarters.
Value-added Services And Project-driven ModelBundling coatings and finishing with pipe supply raises per-project realizations and customer stickiness versus plain commodity sales. The tender/project-based model creates multi-month backlog visibility and supports durable margins and repeat business, reducing pure commodity exposure over the medium term.
Bears Say
Thin And Volatile Free Cash FlowFCF that is thin relative to earnings and swings year-to-year points to working-capital sensitivity and capex or timing volatility. This undermines the company’s ability to reliably fund capex, pay down debt, or return capital, reducing financial flexibility during extended industry slowdowns.
Earnings Cyclicality Tied To Steel CycleLarge margin swings across fiscal years show pronounced exposure to steel-price and project-timing cycles. This cyclical earnings profile limits predictability of cash flow and ROI, complicates long-term planning and increases downside risk if commodity prices or order flows reverse.
Recent Increase In Absolute DebtEven with lower leverage ratio, a rise in absolute debt raises fixed obligations and interest exposure. In a downturn this could constrain bidding capacity, elevate refinancing risk and limit strategic investments, weakening the company's ability to navigate prolonged cyclical stress.
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 ₹1707.95 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 88 days.
How were Welspun Corp Limited’s earnings last quarter?
Welspun Corp Limited released its earnings results on Jul 24, 2026. The company reported ₹19 earnings per share for the quarter, beating the consensus estimate of ₹13.7 by ₹5.3.
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 18.9.
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 ₹19 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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