Welspun Corp Ltd.

548.05 -10.45 ▼-1.9%

16 April 2024, 04:01:00 PM
Volume: 33,066

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Industry Icon Steel & Iron Products Compare with Industry peers
Website http://www.welspuncorp.com
Market Cap 14,344.58 Cr.
Enterprise Value(EV) 15,447.07 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 41.19 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 13.31 Trailing Twelve Months Ending 2023-12
Industry PE 30.94 Trailing Twelve Months Ending 2023-12
Book Value / Share 202.17 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.71 Calculated using Price: 548.20
Dividend Yield 0.91 Period Ending 2023-03
No. of Shares Subscribed 26.17 Cr. 261,666,895 Shares
FaceValue 5
About Welspun Corp Ltd.
The company is a welded line pipe manufacturing company engaged in offering solution in line pipes with a capacity to manufacture longitudinal submerge-arc welded (LSAW), spiral helical submerged arc welded (HSAW) and high frequency electric resistance welded (HFERW)/high frequency induction (HFI) electrical resistance welded (ERW) pipes. The Company also offers coating, bending and double jointing facilities.

Welspun Corp Ltd. Delivery

Delivered Qty
Traded Qty

Welspun Corp Ltd. Performance

1 Day
-1.87%
1 Week
-6.44%
1 Month
+7.20%
3 Month
+2.58%
6 Month
+24.30%
1 Year
+148.89%
2 Year
+159.13%
5 Year
+292.45%
10 Year
+603.08%

Welspun Corp Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 7.57 6.41 0.36 6.2 2.12 23.07 23.03 10.47 4.36
Return on Capital Employed (%) 8.23 8.87 5.38 8.23 8.62 30.04 25.45 13.27 7.96
Return on Assets (%) 2.29 1.94 0.12 2.18 0.74 8.38 10.42 5.17 1.61

Welspun Corp Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 2,799 2,799 2,809 2,854 2,798 3,215 4,083 4,428 4,732 5,050
Non Curr. Liab. 3,292 2,781 2,302 2,014 1,481 1,002 1,316 1,685 2,264 2,026
Curr. Liab. 3,370 2,933 3,092 2,865 3,745 3,831 2,331 3,107 8,301 4,993
Minority Int. 356 132 114 57 -5 14 127 99 112 94
Equity & Liab. 9,818 8,645 8,318 7,790 8,304 8,216 7,857 9,320 15,410 12,164
Non Curr. Assets 4,908 4,318 3,951 3,571 2,044 2,207 3,420 4,853 5,623 5,533
Curr. Assets 4,909 4,325 4,366 4,219 4,810 5,026 4,437 4,466 9,785 6,631
Misc. Exp. not W/O
Total Assets 9,818 8,645 8,318 7,790 8,304 8,216 7,857 9,320 15,410 12,164

Welspun Corp Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 8,450 7,236 5,899 6,347 8,953 9,957 7,153 6,505 9,758 16,949
Other Income 109 113 225 129 135 116 366 561 357 222
Total Income 8,559 7,349 6,123 6,476 9,088 10,073 7,519 7,066 10,115 17,171
Total Expenditure -7,608 -6,458 -5,386 -5,766 -8,380 -8,797 -6,367 -6,043 -9,311 -15,297
PBIDT 951 891 737 710 708 1,276 1,152 1,023 805 1,874
Interest -283 -241 -236 -170 -177 -144 -85 -102 -243 -325
Depreciation -437 -386 -386 -258 -260 -233 -246 -255 -303 -352
Taxation -18 -79 -26 -20 -122 -412 -255 -216 -134 -303
Exceptional Items 138
PAT 214 179 10 176 60 692 838 444 199 894
Minority Interest -144 -27 16 5 8 -19 -59 -5 8 -11
Share Associate 195
Other Related Items
Consolidated Net Profit 69 152 26 158 -13 635 768 439 207 1,078
Adjusted EPS 3 6 1 6 -1 24 29 17 8 41

Welspun Corp Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 227 901 354 403 981 623 648 774 218 -185
Cash Fr. Inv. -122 338 -331 619 182 -282 -77 -845 -209 -417
Cash Fr. Finan. -527 -1,106 -99 -979 -761 -335 -743 -198 453 909
Net Change -422 133 -75 43 403 6 -172 -269 462 307
Cash & Cash Eqvt 86 219 106 148 553 586 441 170 640 1,016

Welspun Corp Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 50.01 50.01 50.01 49.90 49.90 49.99 49.99 49.96 49.96
Public 49.99 49.99 49.99 50.10 50.10 50.01 50.01 50.04 50.04
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Welspun Corp Ltd. Announcements

Tue, 16 Apr 2024
Disclosure Of Information Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
Please see attached disclosure of information pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.
Mon, 15 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyWelspun Corp Limited
2CIN NO.L27100GJ1995PLC025609
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 1232.00
4Highest Credit Rating during the previous FY AA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Pradeep Joshi
Designation: Company Secretary
EmailId: cs_wcl@welspun.com
Name of the Chief Financial Officer: Percy Birdy
Designation: Chief Financial officer
EmailId: percy_birdy@welspun.com

Date: 15/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Wed, 10 Apr 2024
Certificate Under Regulation 40(9) And Regulation 61(4) Read With Regulation 40(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended March 31 2024.
Please see attached certificate under Regulation 40 (9) and Regulation 61 (4) read with Regulation 40 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Welspun Corp Ltd. Technical Scans

Tue, 16 Apr 2024
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase in 1 Month High Increase in 1 Month
High Increase in 6 Months High Increase in 6 Months
High Increase in 1 Year High Increase in 1 Year
High Increase in 2 Years High Increase in 2 Years

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JSW Steel Ltd. Consolidated 2023-12 18.50 845.15 -1.8%
Tata Steel Ltd. Consolidated 2023-12 0.00 160.05 -0.5%
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Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.71 845.15 -1.8%
Tata Steel Ltd. Consolidated 2023-12 2.25 160.05 -0.5%
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Steel Authority Of India Ltd. Consolidated 2023-12 1.10 149.30 -1.2%
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APL Apollo Tubes Ltd. Consolidated 2023-12 12.44 1,546.05 -0.1%
Lloyds Metals & Energy Ltd. Consolidated 2023-12 14.02 697.20 +0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 845.15 -1.8%
Tata Steel Ltd. Consolidated 2023-03 0.76 160.05 -0.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 903.00 +1.0%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 149.30 -1.2%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 677.50 -2.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,546.05 -0.1%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 0.00 697.20 +0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 845.15 -1.8%
Tata Steel Ltd. Consolidated 2023-03 7.48 160.05 -0.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 903.00 +1.0%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 149.30 -1.2%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 677.50 -2.3%
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Lloyds Metals & Energy Ltd. Consolidated 2023-03 -29.04 697.20 +0.4%
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Tata Steel Ltd. Consolidated 2023-03 7.48 160.05 -0.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 903.00 +1.0%
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Tata Steel Ltd. Consolidated 2023-03 243,352.69 160.05 -0.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 903.00 +1.0%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 149.30 -1.2%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 677.50 -2.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,546.05 -0.1%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 3,392.31 697.20 +0.4%
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JSW Steel Ltd. Consolidated 2023-03 4,139.00 845.15 -1.8%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 160.05 -0.5%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 903.00 +1.0%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 149.30 -1.2%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 677.50 -2.3%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,546.05 -0.1%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -288.54 697.20 +0.4%

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