Welspun Corp Limited
Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally. It operates through Steel Products and Others segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, high frequency welding, bends, and anti-corrosion and concrete weight coating; ductile iron pipes; thermo-mechanically treated bars and billets; pig iron products; stainless steel and alloy products; water storage tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC doors and interiors. It also provides plastic products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; custom moulded products; polymers and its products; PVC/CPVC pipes and fittings for water supply; water pipes; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. The company's products are used in onshore and offshore oil, gas, and water transmission; gas distribution; households, commercial buildings, and institutional settings; hydrogen pipelines; and nuclear, space, defence, power and energy, and petrochemicals sectors. Welspun Corp Limited was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. The company was incorporated in 1995 and is headquartered in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 16.4%
Concerns1
- Other income is 80.0% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ8.84 K Cr | β | βΉ842.00 Cr | β | β | 19.6% | -2.7% | 76.9% |
| Mar 2024 | βΉ9.08 K Cr | β | βΉ476.00 Cr | β | β | 13.4% | 17.5% | 71.8% |
| Mar 2023 | βΉ7.73 K Cr | β | βΉ277.00 Cr | β | β | 8.6% | 46.2% | -43.0% |
| Mar 2022 | βΉ5.29 K Cr | β | βΉ486.00 Cr | β | β | 15.9% | 0.1% | -52.3% |
| Mar 2021 | βΉ5.29 K Cr | β | βΉ1.02 K Cr | β | β | 37.6% | 24.3% | 279.9% |
| Mar 2020 | βΉ4.25 K Cr | β | βΉ268.00 Cr | β | β | 17.2% | 2.8% | -196.8% |
| Mar 2019 | βΉ4.14 K Cr | β | βΉ-277.00 | β | β | -16.9% | 2.9% | -319.8% |
| Mar 2018 | βΉ4.02 K Cr | β | βΉ126.00 Cr | β | β | 6.6% | -7.5% | -28.0% |
| Mar 2017 | βΉ4.35 K Cr | β | βΉ175.00 Cr | β | β | 9.7% | 15.2% | -242.3% |
| Mar 2016 | βΉ3.77 K Cr | β | βΉ-123.00 | β | β | -7.5% | -23.8% | 668.8% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 8,381 |
| Total Expenses | 7,445 |
| EBIT / Operating Profit | 936 |
| OPM % | 11% |
| Other Income | 927 |
| Finance Costs | 154 |
| Depreciation & Amortisation | 161 |
| Profit Before Tax | 1,547 |
| Tax % | - |
| Net Profit / PAT | 1,240 |
| EPS (βΉ) | 47.18 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Welspun Corp Limitedthis co. | βΉ19.53 K Cr | βΉ8.84 K Cr | 26.00 | 4.12 | 20.69 | -2.7% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |