Welspun Corp Ltd (WELCORP)
Capital Goods · Capital Goods-Non Electrical Equipment · NSE · Updated 1 October 2026
₹2,715.6↑ 217.43% (1Y)
🎯 Key Takeaways
- Revenue declined 5.4% QoQ to ₹4,081 in Q1FY27.
- Market Cap
- ₹71,635
- P/E Ratio
- 31.0
- P/B Ratio
- 7.82
- ROE
- 25.2%
- ROCE
- 27.3%
- Debt/Equity
- 0.24
- Div Yield
- 0.18%
- Promoter
- 49.7%
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 4,374 | 4,532 | 4,313 | 4,081 |
| Operating Profit | 507 | 523 | 411 | 568 |
| OPM % | 11.6% | 11.5% | 9.5% | 13.9% |
| Net Profit | 444 | 456 | 371 | 1,048 |
| EPS | ₹16.70 | ₹17.17 | ₹14.04 | ₹39.68 |
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 131 | 131 | 132 | 132 |
| Reserves | 7,332 | 5,907 | 9,026 | 8,063 |
| Borrowings | 1,104 | 2,262 | 2,163 | 1,545 |
| Total Liabilities | 15,237 | 12,682 | 20,434 | 16,539 |
| Fixed Assets | 4,315 | 4,504 | 6,483 | 4,826 |
| Investments | 1,402 | 1,645 | 1,925 | 1,357 |
| Total Assets | 15,237 | 12,682 | 20,434 | 16,539 |
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2026 |
|---|---|
| Operating | +3,204 |
| Investing | -3,723 |
| Financing | +875 |
| Net Cash Flow | +357 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 49.8% | 49.7% | 49.7% | 49.7% |
| FII | 11.8% | 11.4% | 11.2% | 14.6% |
| DII | 20.9% | 20.5% | 21.5% | 19.9% |
| Public | 11.5% | 11.9% | 11.5% | 10.4% |
| # Shareholders | 1,31,026 | 1,31,326 | 1,22,338 | 1,38,939 |
⚖️ Peer Comparison — Capital Goods-Non Electrical Equipment
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| CUMMINSIND | 1.32 L Cr | 55.7 | 36.6% | — | 0.00 |
| WELCORP | 71,635 | 31.0 | 27.3% | — | 0.24 |
| INDOMIM | 61,355 | — | — | — | 0.39 |
| APLAPOLLO | 60,559 | 49.3 | 35.9% | — | 0.15 |
| TIINDIA | 45,937 | 75.7 | 23.6% | — | 0.05 |
| KIRLOSENG | 33,496 | 61.3 | 13.7% | — | 1.47 |
| CARBORUNIV | 23,850 | 113.1 | 8.0% | — | 0.08 |
| JYOTICNC | 23,570 | 73.3 | 18.5% | — | 0.42 |
| GRINDWELL | 22,033 | 50.5 | 23.3% | — | 0.00 |
| ELGIEQUIP | 19,322 | 42.9 | 23.6% | — | 0.18 |
🔗 Peer Stock Analyses
📋 Recent Filings
- 🔴 Corporate Action2026-09-30Welspun Corp announced a delay in acquiring a 2.57% stake in Welspun Mauritius Holdings from its US subsidiary, pushing the completion deadline from 3…
- 🔴 Corporate Action2026-09-30Welspun Corp announced the incorporation of a new step-down subsidiary, Welspun Special Coating Private Limited, effective September 17, 2026, with an…
- Announcement2026-09-28Welspun Corp Ltd has closed its insider trading window effective October 1, 2026, ahead of the board meeting to approve un-audited financial results f…
- 🔴 Announcement2026-09-25Welspun Corp announced it secured its largest-ever order for HFIW pipes, valued at approximately USD 412.5 million (~₹4,000 crore), to be supplied fro…
- 🔴 Announcement2026-09-22Welspun Corp Ltd announced scheduled investor meetings on September 25-30, 2026, including a conference with Arihant Capital and a non-deal roadshow w…
- 🔴 Announcement2026-09-20Welspen Corp announced its associate East Pipes secured a 771 million SAR (≈INR 2,000 Crore) contract with Aramco for steel pipe supply, reflecting fr…
- 🔴 Corporate Action2026-09-18Welspun Corp announced incorporation of a wholly owned subsidiary in Jordan to manufacture steel pipes and tubes, becoming a step-down subsidiary of i…
- 🔴 Corporate Action2026-09-11Welspun Corp announced incorporation of a new step-down subsidiary, Welspun Special Coating Private Limited, to focus on protective coating services f…
- 🔴 Announcement2026-09-01Welspun Corp announced a memorandum of understanding with Perma-Pipe International to establish a joint venture in Jordan for pipe manufacturing and c…
- 🟡 Board Meeting2026-08-31Welspun Corp announced on August 31, 2026 that it will not proceed with the sale of its 26% stake in Clean Max Dhyuthi Private Limited to Welspun Livi…
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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