Welspun Corp Limited (WELCORP) AI Stock Analysis

• Market Cap: ₹243.82B
• Dividend Yield: 0.58%
• Average Volume (3M): 18.13K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.37
• Revenue Growth: -1.19%
• EPS Growth: 96.91%
• Country: IN
• Employees: 5,213
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 16.70
• Shares Outstanding: 263,606,900
• 10 Day Avg. Volume: 15,101
• 30 Day Avg. Volume: 18,125
• PEG Ratio: 0.16
• Price to Book (P/B): 2.98
• Price to Sales (P/S): 1.59
• P/FCF Ratio: 54.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹952.00 ▲(10.42% Upside)

Welspun Corp Limited's stock score is primarily driven by its strong financial performance and attractive valuation. The company's profitability and stable balance sheet are significant strengths, although recent revenue dips and cash flow volatility pose challenges. Technical analysis indicates mixed momentum, with no clear trend direction. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Strong Profitability

Strong profitability and cost management indicate a robust business model capable of sustaining competitive operations and growth.

Stable Balance Sheet

A stable balance sheet with manageable debt levels provides financial flexibility and resilience against market fluctuations.

Efficient Cash Generation

Efficient cash generation from operations supports ongoing investments and strategic initiatives, enhancing long-term growth prospects.

Negative Factors

Revenue Decline

A decline in revenue may signal potential demand issues or market challenges, impacting long-term growth and market position.

Free Cash Flow Volatility

Volatility in free cash flow can hinder strategic investments and operational stability, affecting long-term financial health.

Increasing Liabilities

Rising liabilities may strain financial resources and limit the company's ability to invest in growth opportunities.

Welspun Corp Limited Business Overview & Revenue Model

Company Description

Welspun Corp Limited (WELCORP) is a leading global player in the manufacturing of pipes and plates for the oil and gas, water, and construction sectors. The company operates primarily in three sectors: Steel Pipe, Plate, and Line Pipe, providing a wide range of products including large diameter pipes, coated pipes, and specialized pipes for various applications. WELCORP is known for its focus on innovation, sustainability, and quality, catering to a diverse clientele across different geographical regions.

How the Company Makes Money

Welspun Corp generates revenue primarily through the sale of its core products, which include steel pipes, plates, and related services. The company has a strong revenue model based on both domestic and international sales, providing products to major sectors such as oil and gas, water infrastructure, and construction. Key revenue streams consist of long-term contracts with large corporations and government projects, which provide a stable flow of income. Additionally, the company benefits from strategic partnerships with leading players in the industry, enhancing its market presence and operational capabilities. Factors contributing to its earnings include the increasing demand for pipeline infrastructure, the expansion of renewable energy projects, and the company's ability to adapt to changing market conditions.

Welspun Corp Limited Financial Statement Overview

Summary

Welspun Corp Limited demonstrates strong profitability and a stable balance sheet with effective cost management. Despite a recent dip in revenue and fluctuations in free cash flow, the company's overall financial health remains robust. Attention to managing liabilities and ensuring consistent cash flow growth will be crucial for sustaining financial stability.

Income Statement

Welspun Corp Limited shows strong net profit margins and EBIT margins over the years, indicating efficient cost management and profitability. However, there was a decline in revenue in 2025 compared to 2024, which may indicate potential demand issues or market challenges. The gross profit margin is solid, contributing to overall profitability.

Balance Sheet

The company's balance sheet reflects a stable equity base with a manageable debt-to-equity ratio. The equity ratio is satisfactory, indicating a solid foundation of stockholders' equity relative to total assets. However, the increase in total liabilities over the years could pose a risk if not managed carefully.

Cash Flow

Cash flow analysis reveals a healthy operating cash flow to net income ratio, suggesting efficient cash generation from operations. However, free cash flow has fluctuated significantly, with a notable decline in recent years. This volatility in free cash flow may indicate challenges in capital expenditure management or fluctuating operational performance.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	143.92B	139.78B	173.40B	97.04B	65.05B	69.92B
Gross Profit	47.60B	37.53B	51.63B	9.32B	7.44B	10.98B
EBITDA	29.85B	23.24B	20.57B	8.01B	10.22B	12.89B
Net Income	20.10B	19.08B	11.10B	2.07B	4.39B	7.68B
Balance Sheet
Total Assets	0.00	152.37B	118.50B	153.39B	91.69B	76.92B
Cash, Cash Equivalents and Short-Term Investments	17.58B	18.02B	14.73B	20.72B	21.33B	13.46B
Total Debt	0.00	11.04B	19.49B	33.62B	20.57B	9.70B
Total Liabilities	-77.29B	75.08B	61.16B	104.95B	46.41B	34.82B
Stockholders Equity	77.29B	74.63B	56.16B	47.32B	44.28B	40.83B
Cash Flow
Free Cash Flow	0.00	4.12B	10.07B	-13.79B	-7.61B	4.55B
Operating Cash Flow	0.00	12.65B	13.06B	-1.85B	2.18B	7.74B
Investing Cash Flow	0.00	1.16B	3.67B	-4.17B	-2.09B	-8.45B
Financing Cash Flow	0.00	-10.66B	-18.77B	9.09B	4.53B	-1.98B

Welspun Corp Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 862.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WELCORP, the sentiment is Negative. The current price of 862.2 is below the 20-day moving average (MA) of 895.16, below the 50-day MA of 877.35, and above the 200-day MA of 851.21, indicating a neutral trend. The MACD of -6.51 indicates Positive momentum. The RSI at 43.62 is Neutral, neither overbought nor oversold. The STOCH value of 23.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WELCORP.

Welspun Corp Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANINDS	74 Outperform	₹29.53B	15.86	―	―	10.26%	46.49%
VENUSPIPES	70 Outperform	₹25.99B	28.74	―	0.08%	17.45%	-7.82%
RATNAMANI	70 Neutral	₹171.08B	29.98	―	0.59%	9.51%	14.31%
WELCORP	68 Neutral	₹243.82B	11.23	―	0.58%	-1.19%	96.91%
JINDALSAW	68 Neutral	₹109.00B	7.91	―	1.23%	-13.69%	-30.57%
MAHSEAMLES	68 Neutral	₹76.83B	8.75	―	1.70%	0.81%	-7.11%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Welspun Corp Limited Corporate Events

Welspun Corp Limited Concludes 30th AGM with Key Resolutions

Welspun Corp Limited held its 30th Annual General Meeting on July 31, 2025, where several key resolutions were passed. These included the adoption of audited financial statements, declaration of dividends, appointment and ratification of directors and auditors, and approval of remuneration for key executives. The meeting was conducted via video conference, reflecting the company’s adaptation to modern communication methods. These decisions are expected to impact the company’s governance and financial strategies, potentially influencing its market position and stakeholder relations.