Welspun Corp Limited (WELCORP.NS)
Mumbai, IN
Mumbai, India-based Welspun Corp Limited, incorporated in 1995, operates as a leading global producer and vendor of steel piping, protective coatings, plates, and coils. The company maintains a significant presence in the United States, Saudi Arabia, and its home country of India. Its extensive product portfolio encompasses a variety of steel pipes, including helically, longitudinally, and electric resistance welded types, as well as pig iron, ductile iron, and stainless steel pipes, tubes, and bars. Additionally, Welspun provides billets and thermo-mechanically treated rebars. Complementing its manufacturing capabilities, the firm offers specialized services such as double jointing, pipe bending, ID machining, and comprehensive dump site and inventory management. These diverse products and services are crucial for numerous sectors, supporting onshore and offshore oil, gas, and water transmission, downstream oil and gas distribution, anti-corrosion applications, infrastructure and housing construction, potable water systems, petrochemicals, nuclear power, fertilizers, energy, defense, railways, aerospace, and general forging and engineering industries. The company adopted its current name in April 2010, having previously traded as Welspun Gujarat Stahl Rohren Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.65% | -0.08% | +9.24% | +59.90% | +51.42% | +61.96% | +69.88% | +443.81% | +806.22% | +1,563.30% | +9,130.23% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 6 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Steel: +1.2%+25.9% ★ Q1'26: +31.9% (vs Q1'25)
-
EPS growth Steel: +17.4%-15.5% Q1'26: -47.0% (vs Q1'25)
-
FCF margin FCF growth · Steel: +44.2%+13.7% Q1'26: -25.5% (vs Q1'25)
-
EBIT margin Steel: +5.8%+11.2% ★ Q1'26: +9.5% (vs Q1'25)
-
ROIC Steel: +4.3%+17.8% ★ Q1'26: +15.2% (vs Q1'25)
-
Share dilution Steel: +0.0%+0.0% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Steel: 0.57×1.05× ★ Q1'26: 1.17× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 6 Rev. Ana. 6 EPS Ana. |
Mar 2027 3 Rev. Ana. 4 EPS Ana. |
Mar 2028 6 Rev. Ana. 6 EPS Ana. |
Mar 2029 5 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
73.64B
est: 74.18B (-0.7%)
|
80.22B
est: 79.86B (+0.5%)
|
89.77B
est: 83.02B (+8.1%)
|
90.83B
est: 93.40B (-2.7%)
|
77.05B
est: 81.95B (-6.0%)
|
84.50B
est: 85.01B (-0.6%)
|
70.38B
est: 89.79B (-21.6%)
|
56.27B
est: 57.97B (-2.9%)
|
61.14B
est: 78.25B (-21.9%)
|
86.75B
est: 87.22B (-0.5%)
|
97.59B
est: 97.79B (-0.2%)
|
67.89B
est: 63.20B (+7.4%)
|
63.29B
est: 52.40B (+20.8%)
|
94.87B
est: 88.09B (+7.7%)
|
168.96B
est: 171.67B (-1.6%)
|
133.22B
est: 148.56B (-10.3%)
|
177.27B
167.04B – 194.44B
+19.3% YoY
|
213.10B
210.91B – 215.13B
+20.2% YoY
|
261.86B
214.40B – 286.39B
+22.9% YoY
|
290.15B
260.37B – 306.11B
+10.8% YoY
|
| EBITDA |
13.59B
est: 3.15B (+331.2%)
|
13.78B
est: 9.46B (+45.7%)
|
11.25B
est: 9.77B (+15.1%)
|
9.15B
est: 4.70B (+94.5%)
|
7.93B
est: 1.68B (+371.6%)
|
9.51B
est: 956.36M (+894.2%)
|
8.86B
est: 4.00B (+121.5%)
|
6.58B
est: 2.42B (+172.2%)
|
6.05B
est: 10.84B (-44.1%)
|
5.99B
est: 4.70B (+27.5%)
|
14.65B
est: 845.32M (+1,633.4%)
|
14.10B
est: 9.11B (+54.7%)
|
10.09B
est: 11.27B (-10.5%)
|
8.63B
est: 10.80B (-20.1%)
|
20.57B
est: 24.52B (-16.1%)
|
29.24B
est: 21.54B (+35.7%)
|
25.70B
24.22B – 28.19B
+19.3% YoY
|
30.90B
30.58B – 31.19B
+20.2% YoY
|
37.97B
31.09B – 41.52B
+22.9% YoY
|
42.07B
37.75B – 44.38B
+10.8% YoY
|
| EBIT |
11.57B
est: 6.98B (+65.7%)
|
11.34B
est: 12.89B (-12.0%)
|
7.73B
est: 11.75B (-34.2%)
|
4.39B
est: 7.10B (-38.3%)
|
3.87B
est: 2.30B (+68.2%)
|
5.14B
est: 6.48B (-20.6%)
|
5.00B
est: 4.39B (+13.9%)
|
2.72B
est: 3.48B (-21.9%)
|
3.47B
est: 8.53B (-59.3%)
|
3.40B
est: 4.03B (-15.7%)
|
12.32B
est: 6.07B (+103.0%)
|
11.63B
est: 6.58B (+76.7%)
|
7.55B
est: 8.15B (-7.4%)
|
5.60B
est: 7.80B (-28.3%)
|
17.09B
est: 19.30B (-11.5%)
|
25.73B
est: 17.37B (+48.1%)
|
20.73B
19.53B – 22.74B
+19.3% YoY
|
24.92B
24.66B – 25.16B
+20.2% YoY
|
30.62B
25.07B – 33.49B
+22.9% YoY
|
33.93B
30.45B – 35.79B
+10.8% YoY
|
| Net Income |
6.10B
est: 2.68B (+127.5%)
|
6.23B
est: 6.65B (-6.3%)
|
2.39B
est: 6.58B (-63.8%)
|
-703.23M
est: 2.68B (-126.2%)
|
733.90M
est: -616.79M (+219.0%)
|
690.41M
est: 761.36M (-9.3%)
|
1.52B
est: 723.56M (+109.8%)
|
264.25M
est: 987.58M (-73.2%)
|
1.58B
est: 1.84B (-14.0%)
|
-132.58M
est: 1.79B (-107.4%)
|
6.35B
est: -134.55M (+4,822.9%)
|
7.68B
est: 5.93B (+29.4%)
|
4.39B
est: 5.33B (-17.7%)
|
2.07B
est: 5.11B (-59.5%)
|
11.10B
est: 4.90B (+126.5%)
|
19.08B
est: 13.15B (+45.1%)
|
16.15B
14.61B – 17.73B
+22.8% YoY
|
19.87B
19.10B – 20.78B
+23.0% YoY
|
24.20B
21.71B – 27.12B
+21.8% YoY
|
23.98B
20.78B – 25.70B
-0.9% YoY
|
| SGA |
12.83B
est: 201.10M (+6,281.1%)
|
12.71B
est: 335.58M (+3,686.3%)
|
15.32B
est: 4.11B (+273.2%)
|
7.11B
est: 5.54B (+28.3%)
|
7.53B
est: 9.40B (-19.9%)
|
6.05B
est: 15.17B (-60.1%)
|
5.93B
est: 15.29B (-61.2%)
|
4.54B
est: 10.21B (-55.6%)
|
4.40B
est: 4.96B (-11.1%)
|
6.05B
est: 12.52B (-51.7%)
|
6.53B
est: 15.26B (-57.2%)
|
4.67B
est: 4.00B (+16.7%)
|
3.91B
est: 15.61B (-75.0%)
|
5.62B
est: 14.95B (-62.4%)
|
9.93B
est: 12.89B (-23.0%)
|
10.73B
est: 13.10B (-18.1%)
|
15.63B
14.73B – 17.15B
+19.3% YoY
|
18.79B
18.60B – 18.97B
+20.2% YoY
|
23.09B
18.91B – 25.26B
+22.9% YoY
|
25.59B
22.96B – 27.00B
+10.8% YoY
|
| EPS |
31.69
est: 26.06 (+21.6%)
|
30.95
est: 31.25 (-1.0%)
|
10.89
est: 17.52 (-37.9%)
|
-3.03
est: 9.76 (-131.1%)
|
2.79
est: 2.86 (-2.3%)
|
2.63
est: 5.55 (-52.6%)
|
5.76
est: 11.00 (-47.6%)
|
1.00
est: -0.80 (+225.0%)
|
5.97
est: 7.20 (-17.1%)
|
-0.50
est: 20.00 (-102.5%)
|
24.12
est: 29.67 (-18.7%)
|
29.42
est: 23.20 (+26.8%)
|
16.82
est: 21.30 (-21.0%)
|
7.91
est: 8.20 (-3.6%)
|
42.45
est: 39.35 (+7.9%)
|
72.77
est: 49.88 (+45.9%)
|
61.27
55.42 – 67.26
+22.8% YoY
|
75.38
72.48 – 78.85
+23.0% YoY
|
91.80
82.36 – 102.90
+21.8% YoY
|
91.00
78.86 – 97.51
-0.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-25 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-22 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-19 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-18 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-15 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-14 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-13 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-12 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-11 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-08 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-07 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-06 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-05 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-30 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.05% | 6.62M | 0.06% |
| 2 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.02% | 221.9K | 0.48% |
| 3 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.02% | 500.5K | 0.26% |
| 4 | Vanguard FTSE Emerging Markets ETF VWO | 0.02% | 24.70M | 0.06% |
| 5 | Vanguard Total International Stock ETF VXUS | 0.00% | 27.04M | 0.05% |
| 6 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 39.7K | 0.22% |
| 7 | Vanguard Total World Stock ETF VT | 0.00% | 1.41M | 0.06% |
| 8 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 119.6K | 0.22% |
| 9 | Vanguard Growth ETF Portfolio VGRO.TO | 0.00% | 64.3K | 0.22% |
| 10 | Vanguard Balanced ETF Portfolio VBAL.TO | 0.00% | 28.3K | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Vipul Shiv Sahai Mathur | MD, Chief Executive Officer & Executive Director | 79M | male |
| Percy Kershasp Birdy | Chief Financial Officer & President | 22M | male |
| Kamal Rathi | Company Secretary, Compliance Officer & Nodal Officer | 3M | male |
| Harishchandra Gupta | President | — | male |
| Atul Trivedi | President | — | male |
| Manish Pathak | President | — | male |
| Rupak Ranjan Ghosh | Senior Vice President of Finance & MIS & President | — | male |
| Lal T. Hotwani | Head- Corporate Accounts & Taxation | — | male |
| Chintan Thaker | Head of Corporate Affairs & Strategic Planning Cell and President | — | male |
| Debasish Mazumdar | President | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for WELCORP.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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