Welspun Corp Limited

Welspun Corp Limited (WELCORP) is a mid-cap Capital Goods company valued at ₹67,769 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Welspun Corp Limited last traded at ₹2,572, up 3.42% on the day.

Recent developments

On 2026-09-28, the company reported that its overall order book rose to ₹45,000 crore, with Vipul Mathur, MD & CEO, stating that the data centre pipeline opportunity is becoming more tangible. On 2026-09-25, the company's US subsidiary secured a $412.5 million HFIW pipe order, lifting its global order book to $4.7 billion and strengthening its US manufacturing footprint. On 2026-09-25, the company's share price jumped over 5% after its US arm won an order worth around ₹4,000 crore.

Financial performance

The company's business has grown significantly, with annual revenue rising 20.0% to ₹16,770 crore. However, annual net profit fell 14.8% to ₹1,620 crore, while the net profit margin dropped 3.9 percentage points to 9.7%. The latest quarter saw revenue rise 14.9% to ₹4,081 crore and net profit surge 200.3% to ₹1,048 crore, indicating strong recent performance.

Valuation multiples

The stock trades at 42.0 times earnings, 8.00 times book value. It yields 0.2%.

Things to watch

The stock is 11.3% below its 52-week high. The net profit margin has narrowed 3.9 percentage points to 9.7%. The company's return on equity is 17.6%, which is lower than the prior year's 13.6%.

Where it stands

The company has shown strong growth in recent quarters, with net profit rising 200.3% in the latest quarter. The stock is 11.3% below its 52-week high, and the net profit margin has narrowed to 9.7%. The company's return on equity is 17.6%.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.