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Welspun Corp

  • Market Cap: Mid Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE191B01025
  • NSEID: WELCORP
  • BSEID: 532144
INR
762.55
11.9 (1.59%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.65 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

751.25770.90

52 Week

441.00900.00
Valuation
Technical
Day's Volume

CASH

3.65 lacs (-41.80%) Volume

Shareholding (Sep 2024)

FII

11.65%

Held by 159 FIIs

DII

17.64%

Held by 17 DIIs

Promoter

50.01%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Management Efficiency with a high ROCE of 16.42%

 
2

Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.29 times

3

Poor long term growth as Net Sales has grown by an annual rate of 7.93% over the last 5 years

4

Stock is technically in a Mildly Bullish range

5

With ROCE of 18, it has a Expensive valuation with a 3 Enterprise value to Capital Employed

6

High Institutional Holdings at 31.9%

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 20,072 Cr (Mid Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.66%

stock-summary
Debt Equity

0.12

stock-summary
Return on Equity

18.28%

stock-summary
Price to Book

3.27

Revenue and Profits (1 Year):
Net Sales:
3,614 Cr
(Quarterly Results - Dec 2024)
Net Profit:
675 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.66%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
8.72%
0%
8.72%
1 Year
35.12%
0.82%
35.94%
2 Years
255.09%
4.30%
259.39%
3 Years
292.97%
8.96%
301.93%
4 Years
390.54%
14.02%
404.56%
5 Years
1016.47%
36.54%
1053.01%

Latest dividend: 5 per share ex-dividend date: Jun-28-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.93%
EBIT Growth (5y)
12.65%
EBIT to Interest (avg)
3.75
Debt to EBITDA (avg)
5.65
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.67
Tax Ratio
15.02%
Dividend Payout Ratio
11.78%
Pledged Shares
0
Institutional Holding
31.90%
ROCE (avg)
15.44%
ROE (avg)
14.23%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
29
Price to Book Value
3.27
EV to EBIT
17.24
EV to EBITDA
13.30
EV to Capital Employed
3.03
EV to Sales
1.41
PEG Ratio
0.36
Dividend Yield
0.66%
ROCE (Latest)
18.04%
ROE (Latest)
18.28%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 15 Schemes (6.7%)

FIIs

Held by 159 FIIs (11.65%)

Promoter with highest holding

Balkrishan Goenka, Trustee Of Welspun Group Master Trust (44.79%)

Highest Public shareholder

Authum Investment And Infrastructure Limited (6.09%)

Individual Investors Holdings

13.54%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -23.92% vs 97.71% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 131.17% vs 1,155.85% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,613.51",
          "val2": "4,749.71",
          "chgp": "-23.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "434.45",
          "val2": "462.97",
          "chgp": "-6.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "82.26",
          "val2": "62.50",
          "chgp": "31.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.12",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "674.70",
          "val2": "291.86",
          "chgp": "131.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.02%",
          "val2": "9.75%",
          "chgp": "2.27%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -20.79% vs 147.40% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -2.71% vs 1,148.13% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,439.06",
          "val2": "8,128.72",
          "chgp": "-20.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "773.55",
          "val2": "768.31",
          "chgp": "0.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "149.85",
          "val2": "167.30",
          "chgp": "-10.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-10.94",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "535.13",
          "val2": "550.06",
          "chgp": "-2.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.01%",
          "val2": "9.45%",
          "chgp": "2.56%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -21.94% vs 126.42% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 43.70% vs 2,979.34% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "10,052.57",
          "val2": "12,878.43",
          "chgp": "-21.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,208.00",
          "val2": "1,231.28",
          "chgp": "-1.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "232.11",
          "val2": "229.80",
          "chgp": "1.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-10.82",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,209.83",
          "val2": "841.92",
          "chgp": "43.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.02%",
          "val2": "9.56%",
          "chgp": "2.46%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 77.69% vs 50.01% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 436.93% vs -52.90% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "17,339.60",
          "val2": "9,758.10",
          "chgp": "77.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,561.43",
          "val2": "484.57",
          "chgp": "222.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "304.38",
          "val2": "243.16",
          "chgp": "25.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,109.78",
          "val2": "206.69",
          "chgp": "436.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.00%",
          "val2": "4.97%",
          "chgp": "4.03%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,613.51
4,749.71
-23.92%
Operating Profit (PBDIT) excl Other Income
434.45
462.97
-6.16%
Interest
82.26
62.50
31.62%
Exceptional Items
0.12
0.00
Consolidate Net Profit
674.70
291.86
131.17%
Operating Profit Margin (Excl OI)
12.02%
9.75%
2.27%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -23.92% vs 97.71% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 131.17% vs 1,155.85% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
6,439.06
8,128.72
-20.79%
Operating Profit (PBDIT) excl Other Income
773.55
768.31
0.68%
Interest
149.85
167.30
-10.43%
Exceptional Items
-10.94
0.00
Consolidate Net Profit
535.13
550.06
-2.71%
Operating Profit Margin (Excl OI)
12.01%
9.45%
2.56%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -20.79% vs 147.40% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -2.71% vs 1,148.13% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
10,052.57
12,878.43
-21.94%
Operating Profit (PBDIT) excl Other Income
1,208.00
1,231.28
-1.89%
Interest
232.11
229.80
1.01%
Exceptional Items
-10.82
0.00
Consolidate Net Profit
1,209.83
841.92
43.70%
Operating Profit Margin (Excl OI)
12.02%
9.56%
2.46%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -21.94% vs 126.42% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 43.70% vs 2,979.34% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
17,339.60
9,758.10
77.69%
Operating Profit (PBDIT) excl Other Income
1,561.43
484.57
222.23%
Interest
304.38
243.16
25.18%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,109.78
206.69
436.93%
Operating Profit Margin (Excl OI)
9.00%
4.97%
4.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 77.69% vs 50.01% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 436.93% vs -52.90% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Welspun Corp Ltd. stock-summary
stock-summary
Welspun Corp Ltd.
Mid Cap
Steel/Sponge Iron/Pig Iron
Welspun Group is one of India's fastest-growing global conglomerate with a leadership position in Line Pipes, Home Textiles, Infrastructure, Warehousing, Retail, Oil & Gas, Steel, Advanced Textiles and Flooring Solutions. A flagship company of the USD 2.7 billion Welspun Group, Welspun Corp Limited is a one-stop service provider of welded line pipes and a preferred supplier to several Fortune 100 oil & gas companies.
Company Coordinates stock-summary
Company Details
Welspun City, Village Versamedi Taluka Anjar Kutch Gujarat : 370110
stock-summary
Tel: 91-02836-662079
stock-summary
http://www.welspuncorp.com
stock-summary
CompanySecretary_WCL@welspun.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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