Welspun Corp Share Price

  • 616.405.95 (0.98%)
NSE
  • Closed
  • As On: 05 Jul, 2024, 03:58 PM IST
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  • Open605.10
  • High620.30
  • Low604.60
  • Prev Close610.45
  • Volume14,30,750
  • VWAP(₹)611.87

Welspun Corp share price insights

Rank 201 - ET 5002023 ranking

  • ROE Outperforming 5 Year Average

    Company delivered ROE of 19.77% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 14.32%. (Source: Consolidated Financials)

  • Beating 3 Yr Revenue CAGR

    Company's annual revenue growth of 74.46% outperformed its 3 year CAGR of 32.41%. (Source: Consolidated Financials)

  • Stock Returns vs Nifty Midcap 100

    Stock gave a 3 year return of 294.24% as compared to Nifty Midcap 100 which gave a return of 98.13%. (as of last trading session)

  • Employee & Interest Expense

    Company has spent 1.76% of its operating revenues towards interest expenses and 5.41% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)

  • Welspun Corp Share Price Update

    Welspun Corp Ltd. share price moved up by 0.98% from its previous close of Rs 610.45. Welspun Corp Ltd. stock last traded price is 616.40

    Share PriceValue
    Today/Current/Last616.40
    Previous Day610.45

Welspun Corp Share Price Returns

1 Day0.98%
1 Month25.13%
3 Months6.26%
1 Year115.86%
3 Years342.18%
5 Years327.17%

Key Metrics

PE Ratio(x)14.53
EPS - TTM(₹)42.44
MCap(₹ Cr.)16,129.15
MCap Rank14
PB Ratio(x)2.79
Div Yield(%)0.81
Face Value(₹)5.00
52W High(₹)631.90
52W Low(₹)267.50
MCap/Sales0.78
Beta(1 Month)1.54
BV/Share(₹)219.15

Welspun Corp Share Recommendations

Mean recosCurrent
STRONG BUY

4 Analysts

Strong
SellSellHoldBuyStrong
Buy
Analyst Trends
RatingsCurrent1W Ago1M Ago3M Ago
Strong Buy2222
Buy2222
Hold----
Sell----
Strong Sell----
# Analysts4444
Recent Recos
  • Target₹620
  • OrganizationPrabhudas Lilladher
  • BUY
View all Stock Recommendations
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Welspun Corp News & Analysis

View all Welspun Corp Share News & Announcements
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Welspun Corp Financials

Consolidated
  • Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income4,543.704,758.174,161.414,118.784,132.38
    Total Income Growth (%)-4.5114.341.04-0.3371.44
    Total Expenses4,217.794,376.293,745.613,786.353,740.84
    Total Expenses Growth (%)-3.6216.84-1.081.2261.50
    EBIT325.91381.88415.80332.43391.54
    EBIT Growth (%)-14.66-8.1625.08-15.10316.75
    Profit after Tax (PAT)268.48291.86384.67165.39235.93
    PAT Growth (%)-8.01-24.13132.58-29.90915.19
    EBIT Margin (%)7.178.039.998.079.47
    Net Profit Margin (%)5.916.139.244.025.71
    Basic EPS (₹)10.2611.1614.716.329.02
    Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income3,056.332,332.032,019.871,688.572,555.90
    Total Income Growth (%)31.0615.4519.62-33.9373.53
    Total Expenses2,785.722,257.051,748.211,496.212,171.89
    Total Expenses Growth (%)23.4229.1116.84-31.1160.86
    EBIT270.6174.98271.66192.36384.01
    EBIT Growth (%)260.91-72.4041.22-49.91213.07
    Profit after Tax (PAT)188.7221.89178.45117.66244.35
    PAT Growth (%)762.13-87.7351.67-51.85320.86
    EBIT Margin (%)8.853.2213.4511.3915.02
    Net Profit Margin (%)6.170.948.836.979.56
    Basic EPS (₹)7.210.846.824.509.34
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue17,582.0610,078.087,056.337,509.3910,072.65
    Total Revenue Growth (%)74.4642.82-6.03-25.4510.83
    Total Expenses16,430.429,819.666,390.076,688.909,174.11
    Total Expenses Growth (%)67.3253.67-4.47-27.094.04
    Profit after Tax (PAT)1,110.40206.69438.80767.58635.47
    PAT Growth (%)437.23-52.90-42.8320.79-
    Operating Profit Margin (%)8.395.1411.8012.6510.47
    Net Profit Margin (%)6.402.116.7410.736.38
    Basic EPS (₹)42.457.9116.8229.4224.12
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue9,558.297,206.405,770.496,150.324,655.23
    Total Revenue Growth (%)32.6424.88-6.1832.129.22
    Total Expenses8,962.796,499.565,175.634,839.914,203.09
    Total Expenses Growth (%)37.9025.586.9415.15-5.24
    Profit after Tax (PAT)476.35528.64485.721,018.04268.14
    PAT Growth (%)-9.898.84-52.29279.67-
    Operating Profit Margin (%)8.8112.3712.7025.8813.24
    Net Profit Margin (%)5.247.649.1819.266.30
    Basic EPS (₹)18.2120.2318.6139.0210.18

    All figures in Rs Cr, unless mentioned otherwise

    Insights

    • Beating 3 Yr Revenue CAGR

      Company's annual revenue growth of 74.46% outperformed its 3 year CAGR of 32.41%. (Source: Consolidated Financials)

    • Employee & Interest Expense

      Company has spent 1.76% of its operating revenues towards interest expenses and 5.41% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets11,850.2315,339.369,168.877,691.747,943.17
    Total Assets Growth (%)-22.7567.3019.20-3.17-3.13
    Total Liabilities6,115.7610,478.564,238.913,431.324,713.81
    Total Liabilities Growth (%)-41.64147.2023.54-27.21-12.83
    Total Equity5,734.474,825.234,527.544,209.523,229.36
    Total Equity Growth (%)18.846.587.5530.3515.64
    Current Ratio (x)1.531.181.491.971.55
    Total Debt to Equity (x)0.340.700.370.220.24
    Contingent Liabilities0.001,514.023,141.823,104.872,119.02
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets7,761.836,916.306,433.235,171.324,869.63
    Total Assets Growth (%)12.237.5124.406.2010.74
    Total Liabilities4,197.963,443.973,027.322,464.743,309.22
    Total Liabilities Growth (%)21.8913.7622.83-25.5219.88
    Total Equity3,563.873,472.333,054.412,706.581,560.41
    Total Equity Growth (%)2.6413.6812.8573.45-4.68
    Current Ratio (x)1.481.271.592.331.53
    Total Debt to Equity (x)0.350.430.310.200.49
    Contingent Liabilities0.004,072.072,487.783,989.213,466.68

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities1,305.99-185.13218.52774.49648.13
    Net Cash used in Investing Activities367.40-416.66-209.09-845.22-77.40
    Net Cash flow from Financing Activities-1,876.79908.76452.70-198.12-743.09
    Net Cash Flow-197.62376.13470.41-271.31-143.86
    Closing Cash & Cash Equivalent818.731,016.34640.21169.80440.87
    Closing Cash & Cash Equivalent Growth (%)-19.4458.75277.04-61.49-24.77
    Total Debt/ CFO (x)1.46-17.827.411.181.20
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities637.68-323.38193.29378.2916.16
    Net Cash used in Investing Activities725.52453.69-162.55-197.96359.19
    Net Cash flow from Financing Activities-1,545.95-26.16234.54-197.42-374.15
    Net Cash Flow-182.75104.15265.28-17.081.20
    Closing Cash & Cash Equivalent305.40460.65356.5091.21108.14
    Closing Cash & Cash Equivalent Growth (%)-33.7029.22290.83-15.651.12
    Total Debt/ CFO (x)1.95-4.644.971.4047.09

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)19.774.389.9018.8019.76
    Return on Capital Employed (%)18.496.9912.2616.3824.63
    Return on Assets (%)9.371.344.789.978.00
    Interest Coverage Ratio (x)5.933.3110.0413.567.24
    Asset Turnover Ratio (x)1.280.860.750.81125.34
    Price to Earnings (x)12.1725.459.964.732.56
    Price to Book (x)2.401.120.990.890.51
    EV/EBITDA (x)8.019.305.663.871.50
    EBITDA Margin (%)10.408.2415.7216.1012.81
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)13.3615.2215.9037.6217.18
    Return on Capital Employed (%)16.1722.4016.7937.0023.81
    Return on Assets (%)6.137.647.5519.685.50
    Interest Coverage Ratio (x)4.706.4710.2425.515.06
    Asset Turnover Ratio (x)1.241.040.911.0587.34
    Price to Earnings (x)28.419.959.003.576.07
    Price to Book (x)3.791.511.431.341.04
    EV/EBITDA (x)14.926.476.742.733.24
    EBITDA Margin (%)10.6313.9514.8827.9616.14
    Insights

    • ROE Outperforming 5 Year Average

      Company delivered ROE of 19.77% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 14.32%. (Source: Consolidated Financials)
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Peer Comparison

Insights

  • Stock Returns vs Nifty Midcap 100

    Stock gave a 3 year return of 294.24% as compared to Nifty Midcap 100 which gave a return of 98.13%. (as of last trading session)

  • Stock Returns vs Nifty Metal

    Stock generated 294.24% return as compared to Nifty Metal which gave investors 88.76% return over 3 year time period. (as of last trading session)

Mutual Funds Ownership

MF Ownership as on 31 May 2024

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Corporate Actions

  • Final

    100%

    May 30, 2024

    Board Meeting

    Audited Results & Final Dividend

    May 23, 2024

    Board Meeting

    Quarterly Results

    Jan 29, 2024

  • Announced onMeeting on
    May 23, 2024May 30, 2024
    Audited Results & Final Dividend
    Jan 29, 2024Feb 06, 2024
    Quarterly Results
    Oct 31, 2023Nov 08, 2023
    Quarterly Results
    Jul 28, 2023Aug 04, 2023
    Quarterly Results
    May 23, 2023May 30, 2023
    Audited Results & Final Dividend
  • Announced onEx-DateDividend%
    May 30, 2024Jun 28, 2024100%
    May 30, 2023Jun 16, 2023100%
    May 27, 2022Jun 09, 2022100%
    Jun 28, 2021Aug 09, 2021100%
    Jun 16, 2020Aug 06, 202010%

  • No Data Available

  • No Data Available

  • No Data Available

  • Announced onMeeting on
    Aug 04, 2023Sep 22, 2023
    -
    Mar 22, 2023Apr 24, 2023
    -
    Jun 27, 2022Jul 29, 2022
    -
    Jul 29, 2021Aug 31, 2021
    -
    Jul 12, 2021Aug 05, 2021
    -
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About

Welspun Corp Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16,129.15 Crore) operating in Metals - Ferrous sector.

Welspun Corp Ltd. key Products/Revenue Segments include Welded Pipes, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.

For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 4,543.70 Crore, down 4.51 % from last quarter Total Income of Rs 4,758.17 Crore and up 9.95 % from last year same quarter Total Income of Rs 4,132.38 Crore. Company has reported net profit after tax of Rs 191.50 Crore in latest quarter.

The company’s top management includes Mr.Balkrishan Goenka, Mr.Vipul Mathur, Mr.Al-Shaheen, Mr.Anuj Burakia, Mr.Godfrey John, Mr.Neeraj Kant, Mr.Samir Joshipura, Mr.Aneesh Misra, Ms.Dipali Goenka, Mr.Rajesh R Mandawewala, Ms.Amita Misra, Mr.Anjani Agrawal, Mr.Arun Todarwal, Mr.Dipali Sheth, Mr.Manish Chokhani, Mrs.Revathy Ashok, Mr.Percy Birdy, Mr.Pradeep Joshi. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-03-2024, the company has a total of 26.17 Crore shares outstanding.

About Welspun Corp

Welspun Corp Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16,129.15 Crore) operating in Metals - Ferrous sector. Welspun Corp Ltd. key Products/Revenue Segments include Welded Pipes, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 4,543.70 Crore, down 4.51 % from last quarter Total Income of Rs 4,758.17 Crore and up 9.95 % from last year same quarter Total Income of Rs 4,132.38 Crore. Company has reported net profit after tax of Rs 191.50 Crore in latest quarter.The company’s top management includes Mr.Balkrishan Goenka, Mr.Vipul Mathur, Mr.Al-Shaheen, Mr.Anuj Burakia, Mr.Godfrey John, Mr.Neeraj Kant, Mr.Samir Joshipura, Mr.Aneesh Misra, Ms.Dipali Goenka, Mr.Rajesh R Mandawewala, Ms.Amita Misra, Mr.Anjani Agrawal, Mr.Arun Todarwal, Mr.Dipali Sheth, Mr.Manish Chokhani, Mrs.Revathy Ashok, Mr.Percy Birdy, Mr.Pradeep Joshi. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-03-2024, the company has a total of 26.17 Crore shares outstanding.

Industry

Steel - Tubes/Pipes

Key Indices Listed On

Nifty 500, BSE 500, Nifty Metal, BSE 250 SmallCap Index, BSE SmallCap

Address

Welspun City,Village Versamedi,Tal. Anjar,Kutch Dist., Gujarat - 370110

Contact

companysecretary_wcl@welspun.com

http://www.welspuncorp.com

Executive Leadership

BG

Balkrishan Goenka

Chairman & Non-Exe.Director
VM

Vipul Mathur

Managing Director & CEO
A

Al-Shaheen

CEO - East Pipes
AB

Anuj Burakia

WholeTime Director & CEO
Show More

Auditors

Price Waterhouse Chartered Accountants LLP

FAQs about Welspun Corp share

  • 1. What is Welspun Corp share price and what are the returns for Welspun Corp share?
    Welspun Corp share price was Rs 616.40 as on 05 Jul, 2024, 03:58 PM IST. Welspun Corp share price was up by 0.98% based on previous share price of Rs 592.35. Welspun Corp share price trend:
    • Last 1 Month: Welspun Corp share price moved up by 25.13%
    • Last 3 Months: Welspun Corp share price moved up by 6.26%
    • Last 12 Months: Welspun Corp share price moved up 115.86%
    • Last 3 Years: Welspun Corp Share price moved up by 342.18%
  • 2. What is the market cap of Welspun Corp?
    Welspun Corp share has a market capitalization of Rs 16,129.15 Cr. Within Metals - Ferrous sector, it's market cap rank is 14.
  • 3. What dividend is Welspun Corp giving?
    An equity Final dividend of Rs 5 per share was declared by Welspun Corp Ltd. on 30 May 2024. So, company has declared a dividend of 100% on face value of Rs 5 per share. The ex dividend date was 28 Jun 2024.
  • 4. Who are the key owners of Welspun Corp stock?
      • Promoter holding has gone up from 49.99 (30 Jun 2023) to 50.14 (31 Mar 2024)
      • Domestic Institutional Investors holding has gone up from 10.95 (30 Jun 2023) to 11.99 (31 Mar 2024)
      • Foreign Institutional Investors holding has gone up from 7.78 (30 Jun 2023) to 10.7 (31 Mar 2024)
      • Other investor holding have gone down from 31.28 (30 Jun 2023) to 27.17 (31 Mar 2024)
  • 5. Who's the chairman of Welspun Corp?
    Balkrishan Goenka is the Chairman & Non-Exe.Director of Welspun Corp
  • 6. What is the CAGR of Welspun Corp?
    The CAGR of Welspun Corp is 24.78.
  • 7. How can I quickly analyze Welspun Corp stock?
    Welspun Corp share can be quickly analyzed on following metrics:
    • Stock's PE is 14.53
    • Price to Book Ratio of 2.79
  • 8. What is the PE & PB ratio of Welspun Corp?
    The PE ratio of Welspun Corp stands at 14.11, while the PB ratio is 2.73.
  • 9. What are the Welspun Corp quarterly results?
    Total Revenue and Earning for Welspun Corp for the year ending 2024-03-31 was Rs 17582.06 Cr and Rs 1110.40 Cr on Consolidated basis. Last Quarter 2024-03-31, Welspun Corp reported an income of Rs 4543.70 Cr and profit of Rs 268.48 Cr.
  • 10. Who are the peers for Welspun Corp in Metals - Ferrous sector?
    Within Metals - Ferrous sector Welspun Corp, Jindal Saw Ltd., Surya Roshni Ltd., Ratnamani Metals & Tubes Ltd., JTL Industries Ltd., Man Industries (India) Ltd., Goodluck India Ltd., Hi-Tech Pipes Ltd., Rama Steel Tubes Ltd., Gandhi Special Tubes Ltd. and Zenith Steel Pipes & Industries Ltd. are usually compared together by investors for analysis.
  • 11. What are the returns for Welspun Corp share?
    Return Performance of Welspun Corp Shares:
    • 1 Week: Welspun Corp share price moved up by 12.27%
    • 1 Month: Welspun Corp share price moved up by 25.13%
    • 3 Month: Welspun Corp share price moved up by 6.26%
    • 6 Month: Welspun Corp share price moved up by 10.53%
  • 12. What is 52 week high/low of Welspun Corp share price?
    52 Week high of Welspun Corp share is Rs 631.90 while 52 week low is Rs 267.50
  • 13. Who is the Chief Executive Officer of Welspun Corp?
    Vipul Mathur is the Managing Director & CEO of Welspun Corp

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