Welspun Corp Limited
Welspun Corp Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹4,644 cr of revenue in its latest quarter (Q2 FY27) and kept 10.7% of sales as profit. It is the largest of 9 Iron & Steel Products companies we track, by market value.
| Segment | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|
| Steel Products | 16,684 | 13,347 | 16,134 | 96% → 96% |
| Others (Including plastic products) | 457 | — | 636 | 3% → 4% |
| Plastic & other products | 198 | 631 | — | — |
| Total | 17,340 | 13,978 | 16,770 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 68% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 41
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in WELCORP?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹4,644 cr |
| Other Income | ₹55 cr |
| Total Income | ₹4,699 cr |
| Cost of Materials | ₹2,911 cr |
| Purchases of Stock-in-Trade | ₹8 cr |
| Inventory Change (±) | ₹-118 cr |
| Employee Benefit Expense | ₹305 cr |
| Finance Costs | ₹38 cr |
| Depreciation & Amortisation | ₹129 cr |
| Other Expenses | ₹811 cr |
| Total Expenses | ₹4,085 cr |
| Profit before Tax | ₹614 cr |
| Tax Expense | ₹160 cr |
| Share of JV / Associates | ₹42 cr |
| Net Profit | ₹495 cr |
| Net margin on total income | 10.5% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 4,313 cr | 4,081 cr | 4,644 cr |
| Total income | 4,348 cr | 4,145 cr | 4,699 cr |
| Expenses | 3,951 cr | 3,559 cr | 4,085 cr |
| Profit before tax | 397 cr | 586 cr | 614 cr |
| Tax | 133 cr | 159 cr | 160 cr |
| Net profit (owners' share) | 370 cr | 1,046 cr | 499 cr |
| Net margin (owners' share, on revenue) | 8.6% | 25.6% | 10.7% |
| EPS (₹) | 14.04 | 39.68 | 18.91 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Welspun Corp Limitedthis company | ₹2,316 | ₹61,083 cr | 30.6 | 18.8% | 10.7% | — |
| APL Apollo Tubes Limited | ₹2,153 | ₹59,783 cr | 39.5 | 26.6% | 5.5% | — |
| Shyam Metalics and Energy Limited | ₹1,220 | ₹33,885 cr | 16.6 | 16.6% | 8.6% | — |
| Ratnamani Metals & Tubes Limited | ₹2,380 | ₹16,682 cr | 50.8 | 8.0% | 8.5% | — |
| Jindal Saw Limited | ₹247 | ₹15,794 cr | 83.4 | 1.5% | 1.1% | — |
| Usha Martin Limited | ₹461 | ₹14,057 cr | 24.7 | 17.2% | 13.7% | — |
| Gallantt Ispat Limited | ₹526 | ₹12,693 cr | 52.4 | 6.9% | 5.3% | — |
| Godawari Power And Ispat limited | ₹193 | ₹11,889 cr | 13.4 | 15.3% | 12.7% | — |
| Jayaswal Neco Industries Limited | ₹90 | ₹8,704 cr | 9.5 | 27.7% | 10.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹5 / share | 30 Jun 2026 |
| Dividend | ₹5 / share | 18 Jul 2025 |
| Dividend | ₹5 / share | 28 Jun 2024 |
| Dividend | ₹5 / share | 16 Jun 2023 |
| Dividend | ₹5 / share | 9 Jun 2022 |
| Dividend | ₹5 / share | 9 Aug 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 15 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.