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Welspun Corp Ltd.

2,334.60−167.55 (−6.70%)

BSE · 30 Oct, 4:01 PM

: ₹61,584.56 Cr
: 26.01
: 1,05,566
: ₹2,480.00 - ₹2,307.95
: ₹2,899.95 - ₹709.75

Welspun Corp Ltd. (WELCORP) share price closed at ₹2,334.60 on the BSE on Friday, October 30, 2026, down by 6.70% from its of ₹2,502.15. In that session WELCORP reached a of 2,480.00 and of 2,307.95. The for the session was 2,376.27. The stands at 2,546.65 and is at 1,526.31. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹2,480.00

₹2,502.15

₹2,376.27

₹2,546.65

Price 8.33% below

₹1,526.31

Price 52.96% above

Key Fundamentals

: 61,584.56 Cr₹61.58 Thousand Crore
: 89.77
: 26.01
: 5.80
: 402.77
: 2,722.41 Cr₹2.72 Thousand Crore
: 0.21 %
Sector
Industry: Steel & Iron Products
: 19.55
: 0.24

Industry Comparison

Ratio	Company	Sector
	26.01	21.55
	0.24	0.32
	5.80	2.19
	1.32	1.48
	0.21 %	0.08 %
Operating Margin	13.10 %	9.83 %

Sector figures are the median of 83 listed Iron & Steel companies.

Peer Comparison

Name
JSWSL JSWSTEEL	1,245.00	10.71	3,04,459.02	0.57	5,359.00	225.58%	54,486.00	20.67%	20.67
TATA STEEL TATASTEEL	167.70	18.97	2,09,347.56	2.39	2,385.24	18.82%	60,794.29	14.32%	12.70
STEEL AUTH. SAIL	159.70	11.77	65,964.49	1.47	1,750.47	318.05%	31,997.55	19.82%	7.08
Welspun Corp Ltd. WELCORP	2,334.60	26.01	61,584.56	0.21	495.09	11.63%	4,643.72	6.18%	23.94
APL APOLLO APLAPOLLO	2,161.00	45.81	60,001.98	0.39	382.42	26.82%	7,001.70	26.58%	31.83
JSL JSL	673.50	16.66	55,524.66	0.59	897.75	11.12%	12,873.86	18.19%	19.19
SHYAMMETL SHYAMMETL	1,165.00	28.92	32,518.86	0.39	350.73	20.66%	5,455.09	23.33%	13.88
RATNAMNI MET RATNAMANI	2,320.00	37.56	16,261.34	0.43	107.03	-15.82%	971.63	-15.63%	18.01

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	4,461.17	3,137.23	3,301.83	3,613.51	3,924.97	3,551.49	4,373.61	4,532.48	4,312.56	4,081.12	4,643.72
Expenses	4,131.02	2,763.28	2,902.23	3,179.06	3,464.79	3,026.48	3,782.51	3,916.75	3,808.76	3,388.78	3,916.98
	330.15	373.95	399.60	434.45	460.18	525.01	591.10	615.73	503.80	692.34	726.74
	7.40%	11.92%	12.10%	12.02%	11.72%	14.78%	13.52%	13.58%	11.68%	16.96%	15.65%
	82.53	42.44	51.46	43.18	518.39	35.03	35.05	29.56	35.61	63.79	54.83
Interest	74.58	66.39	83.46	82.26	87.54	63.18	49.38	50.66	48.95	45.18	38.41
	86.77	84.83	89.21	90.04	86.99	84.78	84.20	92.54	93.03	124.58	129.49
	347.11	305.24	352.02	749.39	855.23	461.05	588.49	592.96	504.01	1,207.13	655.58
	17.24%	18.77%	19.62%	10.30%	18.25%	24.27%	24.64%	23.04%	26.30%	13.19%	24.48%
	268.48	248.18	286.95	674.70	698.31	350.42	439.68	452.59	370.36	1,046.49	498.56
	10.26	9.46	10.94	25.72	26.62	13.31	16.68	17.16	14.04	39.67	18.90

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	6,508.82	9,758.10	17,382.71	14,010.90	16,805.84
	6,505.11	9,758.10	17,339.60	13,977.54	16,770.14
EXPENDITURE :
Increase/Decrease in Stock	452.95	-1,639.01	1,365.37	-737.77	-605.04
Raw Material Consumed	4,305.09	8,799.09	10,734.15	9,608.06	10,863.27
Power & Fuel Cost	162.39	399.51	540.99	529.22	535.93
Employee Cost	383.48	541.05	937.64	1,003.02	1,246.46
Other Manufacturing Expenses	518.25	848.91	1,675.16	1,402.12	1,838.38
General and Administration Expenses	155.37	215.64	273.46	329.61	345.78
Selling and Distribution Expenses	10.59	49.47	101.08	57.08	118.07
Miscellaneous Expenses	54.97	95.95	157.08	118.02	225.09
	6,043.09	9,310.61	15,784.93	12,309.36	14,567.94
Operating Profit (Excl OI)	462.02	447.49	1,554.67	1,668.18	2,202.20
	560.90	357.06	249.22	189.79	168.69
	1,022.92	804.55	1,803.89	1,857.97	2,370.89
Interest	101.89	243.16	304.38	319.65	212.17
PBDT	921.03	561.39	1,499.51	1,538.32	2,158.72
	254.75	302.97	347.87	351.07	354.55
Profit Before Taxation & Exceptional Items	666.28	258.42	1,151.64	1,187.25	1,804.17
Exceptional Income / Expenses				465.68
	660.56	333.63	1,413.48	2,261.88	2,146.51
Provision for Tax	216.39	134.46	277.48	359.60	526.02
	444.17	199.17	1,136.00	1,902.28	1,620.49
Extra items				0.00	0.00
Minority Interest	-5.36	7.52	-25.60	5.86	-7.44
Consolidated Net Profit	438.81	206.69	1,110.40	1,908.14	1,613.05
Profit Balance B/F	2,519.69	2,825.52	2,901.12	3,398.87	5,167.62
Appropriations	2,958.50	3,032.21	4,011.52	5,307.01	6,780.67
Equity Dividend %	100.00%	100.00%	100.00%	100.00%	100.00%
	16.82	7.90	42.44	72.74	61.15
Adjusted EPS	16.82	7.90	42.44	72.74	61.15

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	130.48	130.77	130.83	131.17	131.90
Share Warrants & Outstandings	10.08	13.19	20.27	35.56	4.87
Total Reserves	4,287.76	4,588.09	5,465.19	7,295.99	9,018.79
Reserve excluding Revaluation Reserve	4,287.76	4,588.09	5,465.19	7,295.99	9,018.79
	4,428.32	4,732.05	5,616.29	7,462.72	9,155.56
Minority Interest	99.23	112.09	118.18	266.03	250.30
Secured Loans	887.81	1,869.58	1,563.70	402.25	1,557.73
Unsecured Loans	541.61	56.66	58.67	60.92	40.00
Deferred Tax Assets / Liabilities	138.38	113.76	253.73	319.46	558.72
Other Long Term Liabilities	111.73	196.61	211.02	341.39	468.26
Long Term Provisions	5.89	27.71	14.95	26.33	19.46
Total Non-Current Liabilities	1,685.42	2,264.32	2,102.07	1,150.35	2,644.17
Trade Payables	984.00	2,574.22	2,240.86	3,224.50	3,322.82
Other Current Liabilities	755.32	4,424.96	882.36	2,278.93	3,843.72
Short Term Borrowings	545.60	425.70	116.99	172.33	513.88
Short Term Provisions	822.27	859.79	926.32	991.90	966.93
Total Current Liabilities	3,107.19	8,284.67	4,166.53	6,667.66	8,647.35
Total Liabilities	9,320.16	15,393.13	12,003.07	15,546.76	20,697.38
Gross Block	4,617.84	7,417.16	7,629.14	7,896.42	10,230.02
Less: Accumulated Depreciation	2,200.24	2,560.74	2,893.83	3,252.61	3,755.06
	2,417.60	4,856.42	4,735.31	4,643.81	6,474.96
	1,260.37	86.90	85.06	785.37	1,232.92
Non Current Investments	813.54	561.15	651.33	854.99	1,045.81
Long Term Investment	813.54	561.15	651.33	854.99	1,045.81
Long Term Loans & Advances	329.91	45.64	165.97	173.20	388.15
Other Non Current Assets	14.68	19.61	23.07	242.19	85.77
Total Non-Current Assets	4,852.64	5,623.28	5,726.81	6,764.22	9,297.29
Currents Investments	1,493.18	976.02	449.00	546.58	817.69
Inventories	1,019.46	5,686.16	2,315.56	4,211.54	4,655.66
Sundry Debtors	812.56	1,140.47	1,799.09	1,769.13	1,718.93
Cash and Bank	701.48	1,202.29	1,071.76	1,255.35	2,971.93
Other Current Assets	76.85	145.75	98.21	132.57	232.54
Short Term Loans and Advances	362.46	617.51	541.94	861.77	1,003.20
Total Current Assets	4,465.99	9,768.20	6,275.56	8,776.94	11,399.95
Net Current Assets (Including Current Investments)	1,358.80	1,483.53	2,109.03	2,109.28	2,752.60
Total Assets	9,320.16	15,393.13	12,003.07	15,546.76	20,697.38
	264.81	278.48	270.77	251.44	268.01
Total Debt	2,021.44	3,316.21	1,907.87	923.71	2,162.54
	169.31	180.43	213.87	283.11	346.88
Adjusted Book Value	169.31	180.43	213.87	283.11	346.88

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	660.56	333.63	1,413.48	2,261.88	2,146.51
Adjustment	-165.51	96.76	205.82	-526.47	199.54
Changes In working Capital	-125.28	-496.04	-123.62	108.80	1,155.69
Cash Flow after changes in Working Capital	369.77	-65.65	1,495.68	1,844.21	3,501.74
Cash Flow from Operating Activities	218.47	-185.13	1,305.99	1,503.67	3,204.28
Cash Flow from Investing Activities	-209.09	-416.66	367.40	180.22	-3,722.80
Cash Flow from Financing Activitie	452.74	908.76	-1,876.79	-1,369.08	875.09
Net Cash Inflow / Outflow	462.12	306.97	-203.40	314.81	356.57
Opening Cash & Cash Equivalents	169.80	640.21	1,016.35	818.73	1,147.12
Cash & Cash Equivalent on Amalgamation / Take over / Merger		42.61		-4.49
Effect of Foreign Exchange Fluctuations	8.29	26.55	5.78	18.07	8.90
Closing Cash & Cash Equivalent	640.21	1,016.34	818.73	1,147.12	1,512.59

Ratios

Valuation

26.01

5.80

21.35

3.51

89.77

402.77

Profitability

19.55

23.94

8.94

13.10

9.64

Leverage & Liquidity

0.24

1.32

11.12

Returns

0.21

0.93

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	50.03	50.01	50.01	50.01	49.84	49.77	49.73	49.73	49.73	47.46
	20.26	23.06	25.82	26.48	26.64	26.44	25.85	26.27	29.25	35.97
	29.71	26.94	24.18	23.51	23.52	23.79	24.43	23.99	21.01	16.56
	49.97	49.99	49.99	49.99	50.16	50.23	50.27	50.27	50.27	52.54
No. of Shareholders	1,23,491	1,16,485	1,17,368	1,28,471	1,28,466	1,31,026	1,31,326	1,22,338	1,38,939	1,71,689

Mutual Funds Invested(130)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 57 active funds hold 6.93% in Welspun Corp Ltd., contributing to ₹4.97K Cr of holdings

Fund				As of
QU Quant Small Cap Fund - Growth - Direct PlanSmall cap Fund	981.01	2.76	36,10,619	Sep '26
DS DSP Small Cap Fund - Growth - Direct PlanSmall cap Fund	631.44	2.94	23,24,047	Sep '26
AX Axis Small Cap Fund - Growth - Direct PlanSmall cap Fund	463.97	1.51	17,07,646	Sep '26
AB Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	448.31	1.60	16,50,000	Sep '26
AX Axis Multicap Fund - Growth - Direct PlanMulti Cap Fund	281.52	2.35	10,36,150	Sep '26
AX Axis Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	189.91	1.43	6,98,985	Sep '26
AB Aditya Birla Sun Life Value Fund - Growth - Direct PlanEquity - Value Fund	183.14	2.75	6,74,069	Sep '26
MI Mirae Asset Small Cap Fund - Growth - Direct PlanSmall cap Fund	166.58	2.86	6,13,095	Sep '26
BF Bajaj Finserv Small Cap Fund - Growth - Direct PlanSmall cap Fund	111.61	4.04	4,10,791	Sep '26
IP ICICI Prudential Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	109.31	0.58	4,02,326	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-23	Board Meeting	Quarterly Results
2026-07-16	Board Meeting	Quarterly Results
2026-06-19	AGM

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Iron & SteelSteel & Iron Products

Welspun Corp Ltd. operates in the Iron & Steel sector under the Steel & Iron Products industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

12 members across the board and senior leadership

Kamal Rathi

Company Secretary & Compliance Officer

—

Balkrishan Goenka

Chairman

₹21.34 Cr

Mar '26

Rajesh R Mandawewala

Non Independent & Non Executive Director

—

Vipul Mathur

Managing Director & CEO

₹8.80 Cr

Mar '26

Aneesh Misra

Non Independent & Non Executive Director

₹40.00 L

Mar '26

Anjani Kumar Agrawal

Non Executive Independent Director

₹60.00 L

Mar '26

Dipali Sheth

Non Executive Independent Director

₹40.00 L

Mar '26

Chandra Shekhar Verma

Non Executive Independent Director

₹12.00 L

Mar '25

Manish Chokhani

Non Executive Independent Director

₹40.00 L

Mar '26

Raghupal Singh

Non Independent & Non Executive Director

₹40.00 L

Mar '26

Ravindra Pandey

Non Executive Independent Director

₹40.00 L

Mar '26

Chadra Shekhar Verma

Non Executive Independent Director

₹40.00 L

Mar '26

WELCORP Latest News

News

10 of 10 articles

COMPANY30 Oct 2026 · 17:14

Welspun Corp’s board approves investment of up to $125 million for spiral pipe facilities in Jordan

The proposed facilities will manufacture and coat pipes in range of 24” to 120”

COMPANY30 Oct 2026 · 15:58

Welspun Corp gets nod to invest up to $115 million towards capacity expansion in USA

Post commissioning, the Arkansas plant’s capacity will increase to 575 KMTP

EQUITY23 Oct 2026 · 09:51

Welspun Corp informs about award of order

COMPANY14 Oct 2026 · 12:12

Welspun Corp’s arm incorporates wholly-owned subsidiary in Jordan

WGJ has been incorporated with an initial paid-up share capital of Jordanian Dinar 50,000, fully subscribed by WGHL

EQUITY25 Sept 2026 · 11:09

Welspun Corp shines as its arm bags order worth around Rs 4,000 crore

The pipes will be manufactured at the company's newly upgraded HFIW mill, with enhanced capabilities, at Little Rock, USA

EQUITY25 Sept 2026 · 11:04

Welspun Corp informs about award of order

COMPANY25 Sept 2026 · 10:48

Welspun Corp’s arm bags order worth around Rs 4,000 crore

The pipes will be manufactured at the company's newly upgraded HFIW mill, with enhanced capabilities, at Little Rock, USA

EQUITY21 Sept 2026 · 09:41

Welspun Corp rises as its arm gets nod to incorporate subsidiary in Jordan

The board of directors of WGHL at its meeting held on September 18, 2026 has considered and approved the same

EQUITY27 Aug 2026 · 17:01

Welspun Corp informs about SAST updates

EQUITY27 Aug 2026 · 10:24

Weispun Corp informs about disclosure

Welspun Corp Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(130)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

WELCORP Latest News

News