Welspun Corp Ltd

532144

Summary

Fair Value Assessment
Undervalued (11% Discount)
Fair ValueQ938.66UncertaintyHigh
Close Price828.25Mar 25, 2025
Market Closed
825.35
Price Down by 2.90 | 0.35 %
Previous Close
828.25
Day Range
812.10 – 848.40
Year Range
441.00 – 900.00
Bid / Ask
Market Cap
216.5 Bil
Volume / Average
20.8 k / 37.2 k
Beta (5-Year)
1.38
Shares Outstanding
262.26 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Welspun Corp Ltd is an Indian company engaged in the Production and Coating of High-Grade Submerged Welded Pipes, Hot Rolled Steel Plates and Coils. The company's products include Helically welded pipes, longitudinally welded pipes, High-frequency electric welded pipes, Plates and Coils, Coating Systems, and other services including Pipe bending, Double jointing, Stack pile, and Inventory management. The Group’s operations relate to the manufacturing of steel products and plastic products, and segments consist of Steel Products, which derives maximum revenue and others (including plastic products).
Contact
Senapati Bapat Marg Kamala Mills Compound, Welspun House, 5th Floor, Mumbai, MH 400013
T +91 2266136000
www.welspuncorp.com opens in a new tab
Sector
Basic Materials
Industry
Steel
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
2,784

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
140.70 168.96 94.87 63.29 61.47 97.59
Revenue Growth %
-15.64% 78.09% 49.89% -6.78% -37.02% 12.50%
Gross Profit
39.68 43.27 19.74 14.38 17.28 30.03
Gross Profit Margin %
28.20% 25.61% 20.81% 22.73% 28.12% 30.77%
Operating Income
12.56 12.83 2.24 2.39 5.39 10.32
Operating Margin %
8.93% 7.59% 2.37% 3.78% 8.76% 10.57%
EBIT
19.57 16.14 4.67 5.90 8.53 11.82
EBIT Margin %
13.91% 9.55% 4.93% 9.32% 13.88% 12.12%
EBITDA
23.07 19.62 7.70 8.28 10.68 14.16
EBITDA Margin %
16.40% 11.61% 8.12% 13.08% 17.37% 14.51%
Net Income
14.78 11.10 2.07 4.39 6.19 6.35
Net Profit Margin %
10.59% 6.72% 2.10% 7.02% 10.44% 7.09%
Basic EPS
56.42 42.45 7.91 16.82 23.72 24.12
Diluted EPS
56.16 42.32 7.89 16.77 23.66 24.06
Normalized EPS
45.92 38.14 3.20 6.80 15.13 30.32
Total Dividends per Share
5.00 5.00 5.00 5.00 0.50 10.50
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
126.82 118.50 153.39 91.69 65.25 79.43
Total Liabilities
65.31 61.16 104.95 46.41 27.06 47.14
Total Debt
22.62 19.30 33.45 16.55 8.29 10.61
Total Equity
61.50 57.34 48.44 45.28 38.19 32.29
Cash And Cash Equivalents
5.09 8.19 10.16 6.40 1.69 4.41
Working Capital
20.90 21.10 14.85 14.10 21.33 20.25
Shares Outstanding (Bil)
0.26 0.26 0.26 0.26
Book Value Per Share
213.93 180.43 169.31 145.00 122.90
Total Debt To Equity
0.37 0.34 0.69 0.37 0.22 0.33
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
6.66 13.06 -1.85 2.19 7.13 6.48
Cash From Investing Activities
-6.90 3.67 -4.17 -2.09 -8.08 -0.77
Cash From Financing Activities
-2.47 -18.77 9.09 4.53 -1.74 -7.43
Capital Expenditures
2.99 11.94 9.79 2.98 1.75
Free Cash Flow
9.50 -10.61 -7.09 2.83 6.65
Change in Cash
-2.71 -2.03 3.07 4.62 -2.69 -1.72

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Vipul Mathur (54) Director, Managing Director and Chief Executive Officer
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
DSP Small Cap Reg Gr 2.48 3.61 6,500,000
Feb 28, 2025
Quant Small Cap Gr 1.45 1.22 3,790,745
258,483
7.32%
Feb 28, 2025
Aditya BSL Flexi Cap Gr 1.28 1.23 3,347,358
Feb 28, 2025
Fidelity Blue Chip Growth 1.20 0.04 3,147,500
Jan 31, 2025
Aditya BSL Pure Value Gr 0.82 3.00 2,156,425
-100,176
4.44%
Feb 28, 2025
Total (for Top 5) 7.22 18,942,028
158,307

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