Welspun Corp Limited

Capital Goods · Industrial Products

NSE: WELCORP BSE: 532144
₹2717.00
▼ -125.00 (-4.40%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
71/100
Strong
Valuation
—/100
Expensive
Momentum
53/100
Neutral

QVM read Quality business Quality Strong, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Welspun Corp Limited is an Indian multinational company with its headquarters in Mumbai, India. It specializes in manufacturing large-diameter pipes and operates in multiple countries across six continents. Its manufacturing facilities are located in Anjar (Gujarat), Bhopal, Mandya (Karnataka), Jhagadia (Gujarat), and Little Rock, Arkansas, in the US.

Source: Wikipedia

Key Metrics

Market Capitalization
₹71,672 Cr
PE (TTM)
81.9
Industry median 24.4 (265 companies)
Price to Book
7.6
PEG (TTM)
-7.2
Institutions holding %
34.56%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
150.2
Relative return vs Sector, qtr %
91.1
Free Cash Flow
₹672 Cr
as of March 31, 2026
Industry median ₹-0 Cr (379 companies)
EPS Growth (YoY)
-54.65%
as of June 30, 2026
Industry median 18.18% (314 companies)
Net Profit Growth (TTM)
-11.03%
as of June 30, 2026
Industry median 12.01% (310 companies)
Operating Revenue Growth (TTM)
-6.43%
as of June 30, 2026
Industry median 8.28% (307 companies)
Profit Growth (YoY)
-54.54%
as of June 30, 2026
Industry median 15.23% (307 companies)
Revenue Growth (YoY)
-14.28%
as of June 30, 2026
Industry median 16.28% (288 companies)
Current Ratio
1.33
as of March 31, 2026
Industry median 2.00 (375 companies)
Debt to Equity
0.23
as of March 31, 2026
Industry median 0.15 (334 companies)
Interest Coverage
13.07
as of June 30, 2026
Industry median 6.34 (319 companies)
Net Margin
7.39%
as of June 30, 2026
Industry median 5.55% (300 companies)
Operating Margin (EBIT)
10.92%
as of June 30, 2026
Industry median 9.14% (306 companies)
Operating Margin (TTM)
14.98%
as of June 30, 2026
Industry median 8.26% (317 companies)
Return on Assets
7.93%
as of March 31, 2026
Industry median 4.65% (315 companies)
Return on Capital Employed
16.69%
as of March 31, 2026
Industry median 11.69% (315 companies)
Return on Equity
17.23%
as of March 31, 2026
Industry median 8.58% (315 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

3 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • Yes Debt to equity is below 0.5 (0.23)
  • Yes Return on equity is 15% or more (17.2%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

1 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Overvalued (above its own historical PE range))
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • Yes Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-4.4%
Low 2700.9000 · High 2835.8000
1W return
-2.9%
Low 2675.0000 · High 2900.0000
1M return
13.6%
Low 2240.2000 · High 2900.0000
52W return
217.6%
Low 710.0000 · High 2900.0000
Lifetime High ₹2842.0000 (Sept. 29, 2026)
Lifetime Low ₹28.0500 (Aug. 21, 2013)

Full price history and technicals →

EMA & SMA

Bullish4
Bearish2
5D
2756.4
10D
2720.7
20D
2620.0
50D
2303.8
100D
1937.8
200D
1350.7

Delivery and volume

Day avg. delivery
41.3%
Week avg. delivery
35.7%
Month avg. delivery
34.8%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

2751.23
Pivot
First resistance2801.57
Second resistance2886.13
Third resistance2936.47
First support2666.67
Second support2616.33
Third support2531.77
Day RSI57.8
Day MFI66.9
Day MACD150.68
Day MACD signal164.15

Beta

1M4.73
3M1.60
1Y1.12
3Y1.24

Price change analysis

↑ 13.6%
Over 1 Month
LowHigh
2240.202900.00
↑ 83.9%
Over 3 Months
LowHigh
1408.502900.00
↑ 228.2%
Over 6 Months
LowHigh
805.452900.00
↑ 217.6%
Over 1 Year
LowHigh
710.002900.00
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 81.9 (own history: 17.2–46.4)
Overvalued (above its own historical PE range)
Revenue (June 30, 2026)
₹1,567 Cr
Net profit (June 30, 2026)
₹116 Cr
Basic EPS (June 30, 2026)
₹4.3900

Ranks #3 of 335 in Industrial Products by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter49.73%
  • Mutual funds9.06%
  • FII/FPI14.61%
  • Other DII10.89%
  • Public15.68%

Largest holders

NameCategoryShares %Shares
Balkrishan Goenka, trustee of Welspun Group Master TrustPromoter44.5500%117513807
Authum Investment And Infrastructure LimitedPublic5.3100%14002267
Life Insurance Corporation Of IndiaPublic4.7100%12417413
Aryabhat Vyapar Private LimitedPromoter2.6200%6915000
Welspun Investments And Commercials LimitedPromoter2.5600%6758000

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 49.73% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 11.23% to 14.61% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 9.86% to 9.06% in Jun 2026 qtr

12 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 82 insider trades, 49 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
14 Jun 2024 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0
13 Jun 2024 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0
20 Mar 2024 CHINTAN THAKER Other Sell 0 ₹0
20 Mar 2024 GODFREY JOHN Other Sell 0 ₹0
8 Mar 2024 Vipul Mathur Director Sell 0 ₹0
7 Mar 2024 Balkrishan Goenka, trustee of Welspun Group Master Trust Promoter group Buy 0 ₹0
7 Dec 2023 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0
22 Nov 2023 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0
22 Nov 2023 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0
11 Sep 2023 TRIBHUWAN SINGH KATHAYAT Other Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
26 Aug 2026 WELSPUN INVESTMENTS AND COMMERCIALS LIMITED Bulk Sell 6,000,000 2275.3000 NSE
26 Aug 2026 EURO PACIFIC GROWTH FUND Bulk Buy 2,945,863 2275.3000 NSE
26 Aug 2026 WELSPUN INVESTMENTS AND COMMERCIALS LIMITED Block Sell 6,000,000 2275.3000 NSE
26 Aug 2026 VIPUL MATHUR Block Sell 300,000 2275.3000 NSE
26 Aug 2026 THE INDIA FUND INC Block Buy 142,400 2275.3000 NSE
26 Aug 2026 SMALLCAP WORLD FUND INC Block Buy 120,549 2275.3000 NSE
26 Aug 2026 QUANT MUTUAL FUND Block Buy 369,397 2275.3000 NSE
26 Aug 2026 NEW WORLD FUND INC Block Buy 151,256 2275.3000 NSE
26 Aug 2026 NEW WORLD FUND INC Block Buy 841,675 2275.3000 NSE
26 Aug 2026 NEW INDIA INVESTMENT TRUST PLC Block Buy 123,000 2275.3000 NSE

All bulk and block deals →

Last 12 months ₹5.00 per share
Dividend yield 0.18%
Ex-dateSubjectPer share (₹)Record date
30 Jun 2026 Dividend - Rs 5 Per Share 5.0000 30 Jun 2026
18 Jul 2025 Annual General Meeting/Dividend - Rs 5 Per Share 5.0000 18 Jul 2025
28 Jun 2024 Dividend - Rs 5 Per Share 5.0000 28 Jun 2024
16 Jun 2023 Dividend - Rs 5 Per Share 5.0000 16 Jun 2023
9 Jun 2022 Dividend - Rs 5 Per Share 5.0000 10 Jun 2022
9 Aug 2021 Dividend - Rs 5 Per Share 5.0000 10 Aug 2021
6 Aug 2020 Dividend - Rs 0.50 Per Share 0.5000 7 Aug 2020
12 Feb 2020 Interim Dividend - Rs 10 Per Share 10.0000 13 Feb 2020
4 Jul 2019 Dividend Rs - 0.50 Per Share — 5 Jul 2019
25 Jun 2018 Dividend Re - 0.50 Per Share — —

Corporate Actions

Full history (25 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
4 Jul 2019BUYBACK Buyback
18 Feb 2014SCHEME_OF_ARRANGEMENTScheme Of Arrangement
22 Sep 2005AGMAgm

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
24 Jul 2026 Financial Results Yes
21 May 2026 Financial Results/Dividend Yes
30 Jan 2026 Financial Results Yes
30 Oct 2025 Financial Results Yes
29 Jul 2025 Financial Results Yes

Corporate Announcements

All 1176 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
30 Sep 2026 Company Update Welspun Corp Ltd - 532144 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
30 Sep 2026 Company Update Welspun Corp Ltd - 532144 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
30 Sep 2026 General Updates Welspun Corp Limited has informed the Exchange about General Updates - Update on the Incorporation of a New Step down Wholly Owned Subsidiary
30 Sep 2026 General Updates Welspun Corp Limited has informed the Exchange about General Updates
28 Sep 2026 Trading Window Welspun Corp Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
28 Sep 2026 Insider Trading / SAST Welspun Corp Ltd - 532144 - Closure of Trading Window
25 Sep 2026 Bagging/Receiving of orders/contracts Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts
25 Sep 2026 Company Update Welspun Corp Ltd - 532144 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
22 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Welspun Corp Limited has informed the Exchange about Schedule of meet
20 Sep 2026 Bagging/Receiving of orders/contracts Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts: Large order win announced by the Company s associate Company viz. East Pipes Integrated Company for Industry, KSA

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.23)
  • Comfortable interest coverage (13.1x)

Weaknesses

  • Declining revenue YoY (-14.3%)
  • Declining profit YoY (-54.5%)

Opportunities

Data unavailable.

Threats

  • PE above 35 (81.9) -- priced for continued strong execution

Single-stock futures available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 500, NIFTY 500, NIFTY METAL

Frequently asked questions about Welspun Corp Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.