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Last Updated on: 26 July, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532144 | NSE: WELCORP

Welspun Corp Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 22, 2025, 9:10 pm

Market Cap 24,099 Cr.
Current Price 915
High / Low 995/600
Stock P/E20.0
Book Value 284
Dividend Yield0.55 %
ROCE21.2 %
ROE18.5 %
Face Value 5.00
PEG Ratio1.01

Quick Insight

Welspun Corp Ltd, a prominent player in the steel tubes and pipes industry, presents a compelling investment case with its current share price of ₹915 and a market capitalization of ₹24,099 crore. The company's P/E ratio of 20.0, alongside a robust ROE of 18.5% and ROCE of 21.2%, indicates efficient capital utilization and solid profitability. With a net profit of ₹1,902 crore and reserves totaling ₹7,313 crore against manageable borrowings of ₹1,122 crore, Welspun showcases financial stability, evidenced by an ICR of 5.81x. Furthermore, the diverse shareholder base, including 50% promoter ownership, enhances governance. Given these metrics, investors should consider Welspun Corp as a strong candidate for potential growth in the steel sector.

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Welspun Corp Ltd

Competitors of Welspun Corp Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Mukat Pipes Ltd 18.6 Cr. 15.7 26.0/14.6 5.910.00 %%% 5.00
Hariom Pipe Industries Ltd 1,558 Cr. 503 889/30125.2 1850.12 %14.1 %11.9 % 10.0
Earthstahl & Alloys Ltd 31.2 Cr. 25.5 49.5/0.0058.9 30.60.00 %3.58 %1.43 % 10.0
Crimson Metal Engineering Company Ltd 4.57 Cr. 10.3 10.3/10.335.2 12.60.00 %8.11 %2.35 % 10.0
Welspun Corp Ltd 24,099 Cr. 915 995/60020.0 2840.55 %21.2 %18.5 % 5.00
Industry Average9,247.62 Cr544.8336.96153.570.37%15.53%11.78%4.69

All Competitor Stocks of Welspun Corp Ltd

Quarterly Result

MetricMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
Sales 2,0111,3221,9642,4024,0704,0694,0594,7504,4613,1373,3023,6143,925
Expenses 1,9401,2932,0952,2363,6503,7123,6604,2874,1312,7632,9023,1793,465
Operating Profit 7129-131166421357400463330374400434460
OPM % 4%2%-7%7%10%9%10%10%7%12%12%12%12%
Other Income 415761913891502276217883125487570
Interest 30314770959275627566838288
Depreciation 63617080918686908785899087
Profit before tax 39313-5853325228466373347305352749855
Tax % 33%107%9%56%26%26%17%21%17%19%20%10%18%
Net Profit 264-1-6323240168387294287248283672699
EPS in Rs 9.050.16-2.160.899.026.3214.7011.1510.249.4610.9425.7226.62

Last Updated: May 31, 2025, 7:18 am

Below is a detailed analysis of the quarterly data for Welspun Corp Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Sales, as of Mar 2025, the value is 3,925.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,614.00 Cr. (Dec 2024) to 3,925.00 Cr., marking an increase of 311.00 Cr..
  • For Expenses, as of Mar 2025, the value is 3,465.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,179.00 Cr. (Dec 2024) to 3,465.00 Cr., marking an increase of 286.00 Cr..
  • For Operating Profit, as of Mar 2025, the value is 460.00 Cr.. The value appears strong and on an upward trend. It has increased from 434.00 Cr. (Dec 2024) to 460.00 Cr., marking an increase of 26.00 Cr..
  • For OPM %, as of Mar 2025, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 12.00%.
  • For Other Income, as of Mar 2025, the value is 570.00 Cr.. The value appears strong and on an upward trend. It has increased from 487.00 Cr. (Dec 2024) to 570.00 Cr., marking an increase of 83.00 Cr..
  • For Interest, as of Mar 2025, the value is 88.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 82.00 Cr. (Dec 2024) to 88.00 Cr., marking an increase of 6.00 Cr..
  • For Depreciation, as of Mar 2025, the value is 87.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 90.00 Cr. (Dec 2024) to 87.00 Cr., marking a decrease of 3.00 Cr..
  • For Profit before tax, as of Mar 2025, the value is 855.00 Cr.. The value appears strong and on an upward trend. It has increased from 749.00 Cr. (Dec 2024) to 855.00 Cr., marking an increase of 106.00 Cr..
  • For Tax %, as of Mar 2025, the value is 18.00%. The value appears to be increasing, which may not be favorable. It has increased from 10.00% (Dec 2024) to 18.00%, marking an increase of 8.00%.
  • For Net Profit, as of Mar 2025, the value is 699.00 Cr.. The value appears strong and on an upward trend. It has increased from 672.00 Cr. (Dec 2024) to 699.00 Cr., marking an increase of 27.00 Cr..
  • For EPS in Rs, as of Mar 2025, the value is 26.62. The value appears strong and on an upward trend. It has increased from 25.72 (Dec 2024) to 26.62, marking an increase of 0.90.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 2:44 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 7,7058,4507,2365,8996,3478,9539,9577,1536,5059,75817,34013,978
Expenses 7,0357,5956,4495,3805,8748,3108,7946,3696,0329,26415,77812,293
Operating Profit 6708557875194736441,1637844734941,5611,684
OPM % 9%10%11%9%7%7%12%11%7%5%9%12%
Other Income 1749699139128-1062816295443865041,248
Interest 29628324123617017714485102243304320
Depreciation 406436386386258260233246255303348351
Profit before tax 141231258361731011,0671,0826613341,4132,262
Tax % 31%8%31%72%12%122%39%24%33%40%20%16%
Net Profit 9821417910153-226548274441991,1361,902
EPS in Rs 2.792.625.721.005.97-0.5024.3629.4216.827.9042.4472.73
Dividend Payout % 18%19%9%50%8%-100%43%17%30%63%12%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)118.37%-16.36%-94.41%1430.00%-114.38%3072.73%26.45%-46.31%-55.18%470.85%67.43%
Change in YoY Net Profit Growth (%)0.00%-134.72%-78.06%1524.41%-1544.38%3187.11%-3046.27%-72.76%-8.87%526.03%-403.42%

Welspun Corp Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:7%
3 Years:29%
TTM:-19%
Compounded Profit Growth
10 Years:32%
5 Years:13%
3 Years:40%
TTM:18%
Stock Price CAGR
10 Years:21%
5 Years:62%
3 Years:62%
1 Year:38%
Return on Equity
10 Years:11%
5 Years:14%
3 Years:15%
Last Year:19%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 2:04 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 131132133133133133130130130131131131
Reserves 2,7182,6672,6662,6772,7212,6653,0853,9524,2984,5825,4677,313
Borrowings 3,8243,0212,6441,8431,3861,3051,0611,0212,0573,3811,9671,122
Other Liabilities 2,1573,9983,1953,5953,4524,0973,6672,5882,6847,1804,2496,635
Total Liabilities 8,8309,8188,6378,2477,6938,2007,9437,6929,16915,27411,81315,201
Fixed Assets 4,9234,6623,7303,3563,0461,5671,6172,5992,4334,9104,8004,707
CWIP 1158034321747831471,2618787787
Investments 1,1408051,0177254884767841,7132,3071,5371,1001,402
Other Assets 2,6534,2713,8554,1344,1436,1105,4603,2333,1688,7405,8278,306
Total Assets 8,8309,8188,6378,2477,6938,2007,9437,6929,16915,27411,81315,201

Below is a detailed analysis of the balance sheet data for Welspun Corp Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 131.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 131.00 Cr..
  • For Reserves, as of Mar 2025, the value is 7,313.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,467.00 Cr. (Mar 2024) to 7,313.00 Cr., marking an increase of 1,846.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 1,122.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,967.00 Cr. (Mar 2024) to 1,122.00 Cr., marking a decrease of 845.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 6,635.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,249.00 Cr. (Mar 2024) to 6,635.00 Cr., marking an increase of 2,386.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 15,201.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,813.00 Cr. (Mar 2024) to 15,201.00 Cr., marking an increase of 3,388.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 4,707.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,800.00 Cr. (Mar 2024) to 4,707.00 Cr., marking a decrease of 93.00 Cr..
  • For CWIP, as of Mar 2025, the value is 787.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Mar 2024) to 787.00 Cr., marking an increase of 700.00 Cr..
  • For Investments, as of Mar 2025, the value is 1,402.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,100.00 Cr. (Mar 2024) to 1,402.00 Cr., marking an increase of 302.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 8,306.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,827.00 Cr. (Mar 2024) to 8,306.00 Cr., marking an increase of 2,479.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 15,201.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,813.00 Cr. (Mar 2024) to 15,201.00 Cr., marking an increase of 3,388.00 Cr..

Notably, the Reserves (7,313.00 Cr.) exceed the Borrowings (1,122.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +227901354403981623648774218-1851,3061,504
Cash from Investing Activity +-229338-326618184-255-49-848-201-348373194
Cash from Financing Activity +-527-1,106-99-979-761-335-743-198453909-1,877-1,369
Net Cash Flow-528133-714240533-144-271470376-198328

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow667.00852.00785.00518.00472.00643.000.00783.00471.00491.000.000.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days713049719176484634464338
Inventory Days15694138107159125129127937829070
Days Payable184481541321981779281557513168
Cash Conversion Cycle4277334552248692724820140
Working Capital Days143027344723565055-132619
ROCE %5%5%8%8%5%7%12%30%19%13%6%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters50.01%50.01%49.90%49.90%49.99%49.99%49.96%49.96%50.14%50.03%50.00%50.00%
FIIs7.34%8.95%9.03%7.96%7.27%7.78%9.42%10.56%10.70%10.51%11.65%11.71%
DIIs9.30%10.57%11.19%11.04%11.43%10.96%11.53%11.23%11.99%9.74%11.41%20.19%
Government0.00%0.00%0.01%0.01%0.01%0.01%0.02%0.00%0.00%0.00%0.00%0.00%
Public33.35%30.47%29.87%31.10%31.29%31.28%29.05%28.22%27.13%29.67%26.90%18.06%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.03%0.03%0.03%0.03%0.03%
No. of Shareholders92,53292,82696,69087,64385,79483,31582,05899,2841,19,4661,23,4911,16,4851,17,368

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund 5,167,079 2.19 303.515,167,0792025-04-22 17:25:150%
360 ONE Focused Equity Fund 1,706,582 1.6 100.241,706,5822025-04-22 17:25:150%
Motilal Oswal ELSS Tax Saver Fund 1,432,854 2.78 84.171,432,8542025-04-22 17:25:150%
Motilal Oswal Large and Midcap Fund 1,279,567 2.28 75.161,279,5672025-04-22 17:25:150%
DSP Tiger Fund 1,007,330 1.87 59.171,007,3302025-04-22 17:25:150%
ITI Small Cap Fund 489,409 1.38 28.75489,4092025-04-22 17:25:150%
ITI ELSS Tax Saver Fund 139,800 3.08 8.21139,8002025-04-22 17:25:150%
Nippon India Nifty Smallcap 250 Index Fund 93,018 0.52 5.4693,0182025-04-22 17:25:150%
Motilal Oswal Nifty Smallcap 250 Index Fund 56,872 0.51 3.3456,8722025-04-22 17:25:150%
SBI Nifty Smallcap 250 Index Fund 47,245 0.5 2.7847,2452025-04-22 17:25:150%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) 72.8042.457.9116.8229.42
Diluted EPS (Rs.) 72.4442.327.8916.7729.34
Cash EPS (Rs.) 62.6846.7016.3227.0035.96
Book Value[Excl.RevalReserv]/Share (Rs.) 284.13213.92180.21173.50161.33
Book Value[Incl.RevalReserv]/Share (Rs.) 284.13213.92180.21173.50161.33
Revenue From Operations / Share (Rs.) 532.80662.68373.10249.29274.16
PBDIT / Share (Rs.) 70.8268.9430.7639.2044.15
PBIT / Share (Rs.) 57.4455.6519.1829.4434.71
PBT / Share (Rs.) 63.0144.019.8825.5336.73
Net Profit / Share (Rs.) 49.3033.414.7417.2426.51
NP After MI And SOA / Share (Rs.) 72.7342.447.9016.8229.42
PBDIT Margin (%) 13.2910.408.2415.7216.10
PBIT Margin (%) 10.788.395.1411.8012.65
PBT Margin (%) 11.826.642.6410.2413.39
Net Profit Margin (%) 9.255.041.276.919.67
NP After MI And SOA Margin (%) 13.656.402.116.7410.73
Return on Networth / Equity (%) 25.5919.834.389.9018.80
Return on Capital Employeed (%) 16.9018.496.9912.2616.38
Return On Assets (%) 12.529.371.344.789.97
Long Term Debt / Equity (X) 0.060.280.400.230.13
Total Debt / Equity (X) 0.120.330.700.360.22
Asset Turnover Ratio (%) 1.031.280.790.740.80
Current Ratio (X) 1.331.531.181.491.97
Quick Ratio (X) 0.660.940.481.131.41
Inventory Turnover Ratio (X) 2.932.662.643.932.04
Dividend Payout Ratio (NP) (%) 0.0011.7763.1229.731.69
Dividend Payout Ratio (CP) (%) 0.008.9625.5918.811.28
Earning Retention Ratio (%) 0.0088.2336.8870.2798.31
Cash Earning Retention Ratio (%) 0.0091.0474.4181.1998.72
Interest Coverage Ratio (X) 5.815.933.3110.0413.56
Interest Coverage Ratio (Post Tax) (X) 3.593.871.515.427.65
Enterprise Value (Cr.) 22725.1814454.647481.665788.794460.84
EV / Net Operating Revenue (X) 1.630.830.760.880.62
EV / EBITDA (X) 12.238.019.305.663.87
MarketCap / Net Operating Revenue (X) 1.630.770.530.670.50
Retention Ratios (%) 0.0088.2236.8770.2698.30
Price / BV (X) 3.062.411.120.980.88
Price / Net Operating Revenue (X) 1.630.770.530.670.50
EarningsYield 0.080.080.030.100.21

After reviewing the key financial ratios for Welspun Corp Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 72.80. This value is within the healthy range. It has increased from 42.45 (Mar 24) to 72.80, marking an increase of 30.35.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 72.44. This value is within the healthy range. It has increased from 42.32 (Mar 24) to 72.44, marking an increase of 30.12.
  • For Cash EPS (Rs.), as of Mar 25, the value is 62.68. This value is within the healthy range. It has increased from 46.70 (Mar 24) to 62.68, marking an increase of 15.98.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 284.13. It has increased from 213.92 (Mar 24) to 284.13, marking an increase of 70.21.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 284.13. It has increased from 213.92 (Mar 24) to 284.13, marking an increase of 70.21.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 532.80. It has decreased from 662.68 (Mar 24) to 532.80, marking a decrease of 129.88.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 70.82. This value is within the healthy range. It has increased from 68.94 (Mar 24) to 70.82, marking an increase of 1.88.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 57.44. This value is within the healthy range. It has increased from 55.65 (Mar 24) to 57.44, marking an increase of 1.79.
  • For PBT / Share (Rs.), as of Mar 25, the value is 63.01. This value is within the healthy range. It has increased from 44.01 (Mar 24) to 63.01, marking an increase of 19.00.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 49.30. This value is within the healthy range. It has increased from 33.41 (Mar 24) to 49.30, marking an increase of 15.89.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 72.73. This value is within the healthy range. It has increased from 42.44 (Mar 24) to 72.73, marking an increase of 30.29.
  • For PBDIT Margin (%), as of Mar 25, the value is 13.29. This value is within the healthy range. It has increased from 10.40 (Mar 24) to 13.29, marking an increase of 2.89.
  • For PBIT Margin (%), as of Mar 25, the value is 10.78. This value is within the healthy range. It has increased from 8.39 (Mar 24) to 10.78, marking an increase of 2.39.
  • For PBT Margin (%), as of Mar 25, the value is 11.82. This value is within the healthy range. It has increased from 6.64 (Mar 24) to 11.82, marking an increase of 5.18.
  • For Net Profit Margin (%), as of Mar 25, the value is 9.25. This value is within the healthy range. It has increased from 5.04 (Mar 24) to 9.25, marking an increase of 4.21.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 13.65. This value is within the healthy range. It has increased from 6.40 (Mar 24) to 13.65, marking an increase of 7.25.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 25.59. This value is within the healthy range. It has increased from 19.83 (Mar 24) to 25.59, marking an increase of 5.76.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 16.90. This value is within the healthy range. It has decreased from 18.49 (Mar 24) to 16.90, marking a decrease of 1.59.
  • For Return On Assets (%), as of Mar 25, the value is 12.52. This value is within the healthy range. It has increased from 9.37 (Mar 24) to 12.52, marking an increase of 3.15.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.28 (Mar 24) to 0.06, marking a decrease of 0.22.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.12. This value is within the healthy range. It has decreased from 0.33 (Mar 24) to 0.12, marking a decrease of 0.21.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.03. It has decreased from 1.28 (Mar 24) to 1.03, marking a decrease of 0.25.
  • For Current Ratio (X), as of Mar 25, the value is 1.33. This value is below the healthy minimum of 1.5. It has decreased from 1.53 (Mar 24) to 1.33, marking a decrease of 0.20.
  • For Quick Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1. It has decreased from 0.94 (Mar 24) to 0.66, marking a decrease of 0.28.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.93. This value is below the healthy minimum of 4. It has increased from 2.66 (Mar 24) to 2.93, marking an increase of 0.27.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 11.77 (Mar 24) to 0.00, marking a decrease of 11.77.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 8.96 (Mar 24) to 0.00, marking a decrease of 8.96.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 88.23 (Mar 24) to 0.00, marking a decrease of 88.23.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 91.04 (Mar 24) to 0.00, marking a decrease of 91.04.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 5.81. This value is within the healthy range. It has decreased from 5.93 (Mar 24) to 5.81, marking a decrease of 0.12.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.59. This value is within the healthy range. It has decreased from 3.87 (Mar 24) to 3.59, marking a decrease of 0.28.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 22,725.18. It has increased from 14,454.64 (Mar 24) to 22,725.18, marking an increase of 8,270.54.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.63. This value is within the healthy range. It has increased from 0.83 (Mar 24) to 1.63, marking an increase of 0.80.
  • For EV / EBITDA (X), as of Mar 25, the value is 12.23. This value is within the healthy range. It has increased from 8.01 (Mar 24) to 12.23, marking an increase of 4.22.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.63. This value is within the healthy range. It has increased from 0.77 (Mar 24) to 1.63, marking an increase of 0.86.
  • For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 88.22 (Mar 24) to 0.00, marking a decrease of 88.22.
  • For Price / BV (X), as of Mar 25, the value is 3.06. This value exceeds the healthy maximum of 3. It has increased from 2.41 (Mar 24) to 3.06, marking an increase of 0.65.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.63. This value is within the healthy range. It has increased from 0.77 (Mar 24) to 1.63, marking an increase of 0.86.
  • For EarningsYield, as of Mar 25, the value is 0.08. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Welspun Corp Ltd as of July 26, 2025 is: 845.26

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 26, 2025, Welspun Corp Ltd is Overvalued by 7.62% compared to the current share price 915.00

Intrinsic Value of Welspun Corp Ltd as of July 26, 2025 is: 1,012.99

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 26, 2025, Welspun Corp Ltd is Undervalued by 10.71% compared to the current share price 915.00

Last 5 Year EPS CAGR: 19.84%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (3,734.25 cr) compared to borrowings (2,052.67 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (8.50 cr) and profit (161.67 cr) over the years.
  1. The stock has a low average ROCE of 11.50%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 30.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 67.67, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Welspun Corp Ltd:
    1. Net Profit Margin: 9.25%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 16.9% (Industry Average ROCE: 15.53%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 25.59% (Industry Average ROE: 11.78%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.59
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.66
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 20 (Industry average Stock P/E: 36.96)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.12
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L27100GJ1995PLC025609 and registration number is 025609. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 8835.19 Cr. and Equity Capital is Rs. 131.17 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - Tubes/PipesWelspun City, Kutch Dist. Gujarat 370110CompanySecretary_wcl@welspun.com
http://www.welspuncorp.com
Management
NamePosition Held
Mr. Balkrishan GoenkaChairman & Non-Exe.Director
Mr. Vipul MathurManaging Director & CEO
Mr. Rajesh R MandawewalaNon Exe.Non Ind.Director
Mr. Aneesh MisraNon Exe.Non Ind.Director
Mr. Raghupal SinghNon Exe.Non Ind.Director
Mr. Manish ChokhaniIndependent Director
Mr. Anjani Kumar AgrawalIndependent Director
Ms. Dipali ShethIndependent Director
Mr. Chandra Shekhar VermaIndependent Director
Mr. Ravindra PandeyIndependent Director

FAQ

What is the intrinsic value of Welspun Corp Ltd?

Welspun Corp Ltd's intrinsic value (as of 26 July 2025) is 845.26 7.62% lower the current market price of 915.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 24,099 Cr. market cap, FY2025-2026 high/low of 995/600, reserves of 7,313 Cr, and liabilities of 15,201 Cr.

What is the Market Cap of Welspun Corp Ltd?

The Market Cap of Welspun Corp Ltd is 24,099 Cr..

What is the current Stock Price of Welspun Corp Ltd as on 26 July 2025?

The current stock price of Welspun Corp Ltd as on 26 July 2025 is 915.

What is the High / Low of Welspun Corp Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Welspun Corp Ltd stocks is ₹995/600.

What is the Stock P/E of Welspun Corp Ltd?

The Stock P/E of Welspun Corp Ltd is 20.0.

What is the Book Value of Welspun Corp Ltd?

The Book Value of Welspun Corp Ltd is 284.

What is the Dividend Yield of Welspun Corp Ltd?

The Dividend Yield of Welspun Corp Ltd is 0.55 %.

What is the ROCE of Welspun Corp Ltd?

The ROCE of Welspun Corp Ltd is 21.2 %.

What is the ROE of Welspun Corp Ltd?

The ROE of Welspun Corp Ltd is 18.5 %.

What is the Face Value of Welspun Corp Ltd?

The Face Value of Welspun Corp Ltd is 5.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Welspun Corp Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE