| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
Revenue  | 8,559 | 7,349 | 6,123 | 6,476 | 9,088 | 10,073 | 7,509 | 7,056 | 10,078 | 17,582 | 16,109 |
| Expenses | 7,608 | 6,458 | 5,386 | 5,766 | 8,380 | 8,797 | 6,358 | 6,033 | 9,274 | 15,778 | 14,094 |
| EBITDA | 951 | 891 | 737 | 710 | 708 | 1,276 | 1,152 | 1,023 | 805 | 1,804 | 2,014 |
| Operating Profit % | 10 % | 11 % | 9 % | 9 % | 6 % | 12 % | 11 % | 7 % | 5 % | 9 % | 10 % |
| Depreciation | 437 | 387 | 386 | 258 | 260 | 233 | 247 | 255 | 303 | 348 | 350 |
| Interest | 283 | 241 | 236 | 170 | 177 | 144 | 85 | 102 | 243 | 304 | 287 |
| Profit Before Tax | 231 | 259 | 36 | 196 | 182 | 1,105 | 1,093 | 661 | 334 | 1,414 | 1,377 |
| Tax | 18 | 79 | 26 | 20 | 122 | 412 | 255 | 216 | 135 | 278 | 265 |
| Net Profit | 214 | 179 | 10 | 176 | 60 | 692 | 838 | 444 | 199 | 1,136 | 1,112 |
| EPS in ₹ | 2.63 | 5.76 | 1.00 | 5.97 | -0.50 | 24.12 | 29.42 | 16.82 | 7.91 | 42.45 | 41.90 |
Welspun Corp
779.65
+12.95
(1.69%)
Market Cap
20,454.07
Eps
42.45
PE Ratio (TTM)
18.21
Dividend Yield
0.65
Industry
Capital Goods
52 Week High
835.00
52 Week low
440.15
PB Ratio
3.33
Debt to Equity
0.51
Sector
Iron & Steel Products
Live Chart 
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Welspun Corp and Saudi Aramco Sign MOU for LSAW Pipe Manufacturing in Saudi Arabia4 days ago
Welspun Corp and Saudi Aramco have signed a Memorandum of Understanding (MOU) for strategic cooperation. The agreement aims to establish a state-of-the-art Longitudinally Submerged Arc Welded (LSAW) line pipe manufacturing facility in the Kingdom of Saudi Arabia. This collaboration signifies a significant step towards enhancing local manufacturing capabilities in the region's oil and gas sector.
Welspun Corp Announces New Plant Production Capacity4 days ago
Welspun Corp has announced that their new plant will have a production capacity of 350,000 metric tons per annum. This significant capacity indicates a substantial investment in manufacturing capabilities, potentially positioning the company for increased output and market presence.
Welspun Corp: MoU with Saudi Aramco for LSAW Pipe Facility4 days ago
Welspun Corp Ltd signed an MoU with Saudi Aramco to establish a 350,000 metric tonne annual capacity LSAW line pipe manufacturing facility in Saudi Arabia. The greenfield project, approved in November 2024, will be set up through Welspun's subsidiary in KSA and is expected to commence operations by mid-2026.
Growth Rate
Revenue Growth
74.46 %
Net Income Growth
470.28 %
Cash Flow Change
805.44 %
ROE
382.00 %
ROCE
171.39 %
EBITDA Margin (Avg.)
28.57 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 9,818 | 8,639 | 8,247 | 7,693 | 8,200 | 7,943 | 7,692 | 9,169 | 15,339 | 11,850 |
| Fixed Assets | 4,662 | 3,731 | 3,356 | 3,046 | 1,567 | 1,617 | 2,599 | 2,433 | 4,910 | 4,800 |
| Current Assets | 4,909 | 4,320 | 4,296 | 4,122 | 6,156 | 5,736 | 4,272 | 4,316 | 9,650 | 6,087 |
| Capital Work in Progress | 80 | 34 | 32 | 17 | 47 | 83 | 147 | 1,261 | 87 | 87 |
| Investments | 778 | 1,017 | 725 | 488 | 476 | 784 | 1,713 | 2,307 | 1,537 | 1,100 |
| Other Assets | 4,297 | 3,856 | 4,134 | 4,143 | 6,110 | 5,460 | 3,233 | 3,168 | 8,805 | 5,864 |
| Total Liabilities | 9,818 | 8,639 | 8,247 | 7,693 | 8,200 | 7,943 | 7,692 | 9,169 | 15,339 | 11,850 |
| Current Liabilities | 3,370 | 2,925 | 3,022 | 2,768 | 3,926 | 3,711 | 2,166 | 2,956 | 8,165 | 3,977 |
| Non Current Liabilities | 3,292 | 2,783 | 2,302 | 2,015 | 1,481 | 1,002 | 1,316 | 1,685 | 2,330 | 2,139 |
| Total Equity | 3,155 | 2,931 | 2,923 | 2,911 | 2,793 | 3,229 | 4,210 | 4,528 | 4,844 | 5,735 |
| Reserve & Surplus | 2,667 | 2,666 | 2,677 | 2,721 | 2,665 | 3,085 | 3,946 | 4,298 | 4,582 | 5,467 |
| Share Capital | 132 | 133 | 133 | 133 | 133 | 130 | 130 | 131 | 131 | 131 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 133 | -71 | 42 | 405 | 33 | -144 | -271 | 470 | 376 | -198 |
| Investing Activities | 338 | -326 | 618 | 184 | -255 | -49 | -848 | -201 | -348 | 373 |
| Operating Activities | 901 | 354 | 403 | 981 | 623 | 648 | 775 | 219 | -185 | 1,306 |
| Financing Activities | -1,106 | -99 | -979 | -761 | -335 | -743 | -198 | 453 | 909 | -1,877 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 |
| Promoter | 50.02 % | 50.01 % | 50.01 % | 50.01 % | 50.01 % | 50.01 % | 49.90 % | 49.90 % | 49.99 % | 49.99 % | 49.96 % | 49.96 % | 50.14 % | 50.03 % | 50.01 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 9.42 % | 0.00 % | 10.70 % | 10.51 % | 11.65 % |
| DIIs | 8.76 % | 7.98 % | 7.36 % | 6.68 % | 9.26 % | 10.57 % | 11.19 % | 15.31 % | 11.43 % | 15.40 % | 16.45 % | 9.98 % | 17.57 % | 15.86 % | 17.64 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % | 0.02 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 18.10 % | 19.83 % | 22.48 % | 22.02 % | 19.69 % | 16.89 % | 16.55 % | 17.10 % | 17.60 % | 17.38 % | 15.75 % | 14.94 % | 14.92 % | 15.66 % | 13.54 % |
| No of Share Holders | 78,355 | 1,00,828 | 1,14,347 | 1,01,533 | 92,532 | 92,826 | 96,690 | 87,643 | 85,794 | 83,315 | 82,058 | 99,284 | 1,19,466 | 1,23,491 | 1,16,485 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.5 | 0.5 | 0.5 | 10.5 | 5 | 5 | 5 | 5 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.37 | 0.37 | 0.81 | 7.59 | 2.99 | 2.53 | 0.97 | 0.64 | 0.00 |
Peer Comparison Compare Peers on Screener
| Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
| 1,570.15 | 43,575.52 | 73.67 | 18,193.70 | 12.22 | 732 | -73.48 | 53.85 | |
| 771.00 | 21,521.07 | 25.53 | 13,354.20 | 4.64 | 1,029 | -55.25 | 48.19 | |
| 2,974.15 | 20,846.41 | 39.74 | 5,132.30 | 13.87 | 625 | -39.56 | 21.22 | |
| 779.65 | 20,454.07 | 18.21 | 17,582.10 | 74.46 | 1,136 | -26.80 | 51.21 | |
| 258.20 | 16,512.10 | 8.35 | 21,125.90 | 16.97 | 1,593 | 33.59 | 36.37 | |
| 187.01 | 12,510.50 | 13.93 | 5,553.30 | -5.19 | 936 | -37.90 | 37.32 | |
| 350.30 | 10,675.10 | 25.48 | 3,265.50 | -0.92 | 424 | -0.18 | 40.58 | |
| 643.40 | 8,621.51 | 10.37 | 5,546.30 | -4.52 | 952 | -12.13 | 38.80 | |
| 126.85 | 7,841.67 | 9.02 | 7,580.30 | 2.99 | 740 | -11.11 | 37.68 | |
| 319.85 | 7,717.37 | 24.49 | 4,234.00 | 4.29 | 225 | 3.38 | 38.67 |
Corporate Action
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Technical Indicators
RSI(14)
Neutral 51.21
ATR(14)
Volatile 27.39
STOCH(9,6)
Neutral 32.72
STOCH RSI(14)
Neutral 48.13
MACD(12,26)
Bearish -4.24
ADX(14)
Weak Trend 14.83
UO(9)
Bearish 47.00
ROC(12)
Downtrend And Accelerating -4.07
WillR(14)
Neutral -45.33
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