WELCORP
Welspun Corp Limited (WELCORP) Stock Analysis
Welspun Corp Limited manufactures large-diameter steel pipes for oil, gas, and water transmission globally. It supplies line pipes and coated pipes to energy majors from plants in India and the US. The company is part of the Welspun group in infrastructure steel. It is listed on the NSE and BSE.
Basic Materials › Steel
₹2,571.50
-2.61% 1W | +199.90% 52W
Market Cap
67.8k CR
P/E Ratio
29.4
52W High
₹2900
52W Low
₹710
Div. Yield
0.2%
Beta
0.6
50 DMA
₹2456
200 DMA
₹1471
Profit Margin
13.3%
Inst. Own.
28.4%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,069 | 4,059 | 4,750 | 4,461 | 3,137 | 3,302 | 3,614 | 3,925 | 3,551 | 4,374 | 4,532 | 4,313 | 4,081 |
| Expenses | 3,712 | 3,660 | 4,287 | 4,131 | 2,763 | 2,902 | 3,179 | 3,465 | 3,026 | 3,783 | 3,917 | 3,809 | 3,389 |
| Operating Profit | 357 | 400 | 463 | 330 | 374 | 400 | 434 | 460 | 525 | 591 | 616 | 504 | 692 |
| OPM % | 9% | 10% | 10% | 7% | 12% | 12% | 12% | 12% | 15% | 14% | 14% | 12% | 17% |
| Other Income | 50 | 227 | 62 | 178 | 83 | 125 | 487 | 570 | 84 | 131 | 120 | 142 | 685 |
| Interest | 92 | 75 | 62 | 75 | 66 | 83 | 82 | 88 | 63 | 49 | 51 | 49 | 45 |
| Depreciation | 86 | 86 | 90 | 87 | 85 | 89 | 90 | 87 | 85 | 84 | 93 | 93 | 125 |
| Profit before tax | 228 | 466 | 373 | 347 | 305 | 352 | 749 | 855 | 461 | 588 | 593 | 504 | 1,207 |
| Tax % | 26% | 17% | 21% | 17% | 19% | 20% | 10% | 18% | 24% | 25% | 23% | 26% | 13% |
| Net Profit | 168 | 387 | 294 | 287 | 248 | 283 | 672 | 699 | 349 | 444 | 456 | 371 | 1,048 |
| EPS in Rs | 6.32 | 14.70 | 11.15 | 10.24 | 9.46 | 10.94 | 25.72 | 26.62 | 13.31 | 16.68 | 17.16 | 14.04 | 39.67 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,450 | 7,236 | 5,899 | 6,347 | 8,953 | 9,957 | 7,153 | 6,505 | 9,758 | 17,340 | 13,978 | 16,770 | 17,300 |
| Expenses | 7,595 | 6,449 | 5,380 | 5,874 | 8,310 | 8,756 | 6,357 | 6,032 | 9,264 | 15,778 | 12,293 | 14,534 | 14,897 |
| Operating Profit | 855 | 787 | 519 | 473 | 644 | 1,201 | 795 | 473 | 494 | 1,561 | 1,684 | 2,236 | 2,403 |
| OPM % | 10% | 11% | 9% | 7% | 7% | 12% | 11% | 7% | 5% | 9% | 12% | 13% | 14% |
| Other Income | 96 | 99 | 139 | 128 | -106 | 243 | 618 | 544 | 386 | 504 | 1,248 | 478 | 1,078 |
| Interest | 283 | 241 | 236 | 170 | 177 | 144 | 85 | 102 | 243 | 304 | 320 | 212 | 194 |
| Depreciation | 436 | 386 | 386 | 258 | 260 | 233 | 246 | 255 | 303 | 348 | 351 | 355 | 394 |
| Profit before tax | 231 | 258 | 36 | 173 | 101 | 1,067 | 1,082 | 661 | 334 | 1,413 | 2,262 | 2,147 | 2,893 |
| Tax % | 8% | 31% | 72% | 12% | 122% | 39% | 24% | 33% | 40% | 20% | 16% | 25% | |
| Net Profit | 214 | 179 | 10 | 153 | -22 | 654 | 827 | 444 | 199 | 1,136 | 1,902 | 1,620 | 2,319 |
| EPS in Rs | 2.62 | 5.72 | 1.00 | 5.97 | -0.50 | 24.36 | 29.42 | 16.82 | 7.90 | 42.44 | 72.73 | 61.15 | 87.55 |
| Dividend Payout % | 19% | 9% | 50% | 8% | -100% | 43% | 17% | 30% | 63% | 12% | 7% | 8% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 20.0% | 19.0% | 9.0% |
| Profit CAGR | 119.0% | 21.0% | 29.0% |
Shareholding Pattern
Promoters49.84%
FIIs12.13%
DIIs20.72%
Public17.26%
Promoters49.77%
FIIs11.79%
DIIs20.89%
Public17.52%
Promoters49.73%
FIIs11.45%
DIIs20.55%
Public18.26%
Promoters49.73%
FIIs11.23%
DIIs21.49%
Public17.52%
Promoters49.73%
FIIs14.61%
DIIs19.96%
Public15.68%
Promoters49.99%
FIIs7.27%
DIIs11.43%
Public31.29%
Promoters50.14%
FIIs10.70%
DIIs11.99%
Public27.13%
Promoters50.00%
FIIs12.18%
DIIs20.50%
Public17.28%
Promoters49.73%
FIIs11.23%
DIIs21.49%
Public17.52%
Promoters49.73%
FIIs14.61%
DIIs19.96%
Public15.68%
WELCORP
Holdings Analysis
Key strengths & risk signals
80
Overall
74
Fundamental
86
Technical
Risks (1)
NEGLIGIBLE DIVIDEND! 0.2% yield - little to no income.
Strengths (4)
UNDERVALUED! PEG of 0.30 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (2456.0) is above 200-day average (1471.0) - positive signal.
EXCELLENT YEAR! Stock gained 199.9% in the last year.
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 2,368,304 vs down days: 1,527,183. Ratio: 1.55x
Fundamental & Technical Analysis
80Overall
74Fundamental
86Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 19.5% (VERY GOOD, 13/15). Profit CAGR: 98.4% (EXCELLENT, 15/15).
Profit Margin
5/10
DECENT EFFICIENCY! 13.3% profit margin - acceptable profitability.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.30 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.2% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.14 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 31.28% public ownership - moderate retail influence.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (2456.0) is above 200-day average (1471.0) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (2571.5) is above both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 199.9% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 2,368,304 vs down days: 1,527,183. Ratio: 1.55x
RSI
3/5
NEUTRAL! RSI at 49.5 - balanced momentum.
52W Range
5/5
STRONG! Trading at 85.0% of 52W range - near yearly highs.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - -2.6% (1 week), 6.1% (1 month), 62.6% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
WELCORP
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-25 | Concall PDF | |
| Q3FY262026-02-04 | Concall PDF | |
| Q2FY262025-11-06 | Concall PDF |
Peer Comparison
Basic Materials · Steel · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹2,571.50 | 29.4 | 13.3% | 19.5% | 98.4% | +199.9% | 80 | BREAKDOWN | +198.7% | +182.5% | +14.9% | -5.4% |
| SAIL | ₹170.90 | 16.5 | 3.8% | 2.0% | 15.7% | +32.3% | 63 | BREAKDOWN | +120.8% | -10.4% | +1.2% | -14.8% |
| NMDC | ₹71.70 | 8.4 | 23.2% | 22.0% | 10.0% | -5.5% | 63 | APPROACHING SUPPORT | +0.4% | -2.5% | +0.8% | -40.1% |
| JSL | ₹736.50 | 18.7 | 7.4% | 6.4% | 14.7% | -9.8% | 69 | BREAKDOWN | +7.7% | -8.8% | +10.5% | -0.5% |
| APLAPOLLO | ₹2,152.70 | 48.1 | 5.2% | 12.6% | 23.3% | +23.1% | 66 | APPROACHING RESISTANCE | +10.9% | -25.8% | +8.7% | -10.5% |
| SHYAMMETL | ₹1,198.50 | 29.9 | 5.7% | 13.6% | 7.9% | +24.4% | 74 | BREAKOUT | +18.1% | +8.1% | +23.3% | +4.1% |
| LLOYDSME | ₹1,851.70 | 21.3 | 21.5% | 71.4% | – | +37.1% | 76 | BREAKOUT | +164.9% | +21.6% | +206.6% | +21.6% |
| JINDALSTEL | ₹1,045.20 | 39.1 | 4.8% | -13.1% | -5.4% | +2.2% | 46 | BREAKDOWN | -43.5% | -19.1% | +26.0% | -4.4% |
Data from TradeAlone · Updated daily
WELCORP News
Welspun Corp Limited (welcorp) Q1fy27: Highest-ever Quarterly Ebitda, Strong Business Visibility2026-07-24Welspun Corp Limited (welcorp) Investor Presentation Q1fy27: Highest-ever Quarterly Ebitda and Robust Growth2026-07-24Welspun Corp Limited (WELCORP) eases after clearing resistance, down 5% intraday2026-07-20Welspun Corp Limited (WELCORP) eases after clearing resistance, down 5% intraday2026-07-17Welspun Corp Limited (WELCORP) gains 5% intraday, tests resistance2026-07-09Welspun Corp Limited (WELCORP) gains 5% intraday2026-07-06Welspun Corp Limited (WELCORP) falls 5% intraday, nearing support2026-07-03Welspun Corp Limited (welcorp) Q4 & FY26: Surpassed Full Year Guidance with Strong Performance2026-05-21
