Welspun Corp share price
NSE: WELCORPBSE: 532144Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹2,444.20.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹63,012 Cr289th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 27.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 21 May 2026
- 6.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.21%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 27.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 17.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 21 May 2026
- 0.23
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 18,09,28436.2% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 24 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,081 Crdown 5.37%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,048 Crup 182.10%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 25.7%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2019, the company's revenue for that year, ₹8,953 Cr, differs from its quarters added, ₹9,792 Cr. From the year to Mar 2022, the company's revenue for that year, ₹6,505 Cr, differs from its quarters added, ₹5,915 Cr.
| ₹ crore | Sep 2024Filed 8 Nov | Dec 2024Filed 5 Feb | Mar 2025Filed 24 Jun | Jun 2025Filed 29 Jul | Sep 2025Filed 30 Oct | Dec 2025Filed 30 Jan | Mar 2026Filed 21 May | Jun 2026Filed 24 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,302 | 3,614 | 3,925 | 3,551 | 4,374 | 4,532 | 4,313 | 4,081 |
| Net profit | 283 | 672 | 699 | 349 | 444 | 456 | 371 | 1,048 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 8.6% | 18.6% | 17.8% | 9.8% | 10.1% | 10.1% | 8.6% | 25.7% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Steel ProductsSteel Products, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹16,134 Crup 20.88%96.2%
- Others (including plastic products)Others (including plastic products), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹636 Crup 0.84%3.8%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2019 and Mar 2022: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 77% of 1,984 trading days over the last 10 years.
At or below today's level on 98% of 1,976 trading days since Nov 2018.
At or below today's level on 91% of 1,976 trading days since Nov 2018.
At or below today's level on 2% of 2,444 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −5.9% | −15.9% | +11.1% | 0.6% |
| 3 years | +60.2% | +97.8% | −19.4% | 0.7% |
| 5 years | +44.0% | +20.9% | +17.9% | 1.5% |
Mutual funds holding it
129 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 62 of the 85 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 15
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 34
- CutCut. Funds that held fewer shares than at the end of the month before.
- 51
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 14
| Fund | |||
|---|---|---|---|
 quant Small Cap Fundquant Mutual Fund | 36,10,619 | 2.76% | ₹981.0 Cr |
 DSP Small Cap FundDSP Mutual Fund | 23,24,047 | 2.94% | ₹631.4 Cr |
 Axis Small Cap FundAxis Mutual Fund | 17,07,646 | 1.51% | ₹464.0 Cr |
 Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund | 16,50,000 | 1.60% | ₹448.3 Cr |
| Axis Multicap FundAxis Mutual Fund | 10,36,150 | 2.35% | ₹281.5 Cr |
| Axis Flexi Cap FundAxis Mutual Fund | 6,98,985 | 1.43% | ₹189.9 Cr |
| Aditya Birla Sun Life Value FundAditya Birla Sun Life Mutual Fund | 6,74,069 | 2.75% | ₹183.1 Cr |
 Mirae Asset Small Cap FundMirae Asset Mutual Fund | 6,13,095 | 2.86% | ₹166.6 Cr |
 Bajaj Finserv Small Cap FundBajaj Finserv Mutual Fund | 4,10,791 | 4.04% | ₹111.6 Cr |
 ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund | 4,02,326 | 0.58% | ₹109.3 Cr |
Peers and competitors
Iron & Steel Products, 145 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Welspun Corp in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 APL Apollo TubesAPLAPOLLO | 56,467 | 45.9 | 10.7 | 30.4 | +9.6% | +53.4% | 25.9% | 27.9% | 0.42% |
 Shyam Metalics and EnergySHYAMMETL | 31,578 | – | 2.7 | 12.9 | +22.8% | – | – | 11.8% | 0.40% |
 Ratnamani Metals & TubesRATNAMANI | 16,211 | 37.4 | 3.9 | 22.5 | −16.3% | −24.1% | 11.2% | 13.2% | 0.43% |
 Jindal SawJINDALSAW | 14,846 | 27.1 | 1.2 | 10.6 | −0.7% | −60.1% | 4.4% | 6.7% | 0.86% |
 Usha MartinUSHAMART | 14,020 | 27.7 | 4.2 | 17.8 | +8.5% | +25.4% | 16.8% | 18.8% | 0.82% |
 Gallantt IspatGALLANTT | 13,074 | 32.1 | 3.7 | 21.0 | +5.5% | −17.3% | 12.4% | 12.3% | 0.37% |
 Godawari Power and IspatGPIL | 12,949 | 16.1 | 2.2 | 9.7 | +8.4% | +8.9% | 15.1% | 17.2% | 0.52% |
 Jayaswal Neco IndustriesJAYNECOIND | 8,612 | 12.5 | 2.6 | 6.3 | +18.3% | +82.8% | 23.4% | 25.3% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 30 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 18 Jul 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 28 Jun 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 16 Jun 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 9 Jun 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 9 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · Rating
Sep 2026
Welspun Corp share price by year
Each calendar year to 2025.Welspun Corp share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 814.40 | +0.1% | 966.30 | 697.95 |
| 2024 | 813.80 | +48.5% | 813.80 | 471.25 |
| 2023 | 548.15 | +131.3% | 561.20 | 180.50 |
| 2022 | 236.95 | +32.8% | 292.60 | 137.20 |
| 2021 | 178.45 | +34.1% | 189.70 | 109.85 |
| 2020 | 133.10 | −7.7% | 224.45 | 55.50 |
| 2019 | 144.25 | +3.6% | 149.60 | 89.95 |
| 2018 | 139.30 | +2.6% | 193.60 | 104.65 |
| 2017 | 135.75 | +80.4% | 158.10 | 75.95 |
| 2016 | 75.25 | −34.8% | 113.30 | 61.40 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 2,408.00 | 2,469.00 | 2,330.10 | 2,388.70 | 2,394.92 | 18,09,284 | 36.2% |
| 22 Oct 2026 | 2,555.00 | 2,558.70 | 2,426.60 | 2,444.20 | 2,473.52 | 11,55,559 | 34.0% |
| 21 Oct 2026 | 2,625.60 | 2,643.50 | 2,534.00 | 2,565.60 | 2,576.93 | 9,73,470 | 43.6% |
| 19 Oct 2026 | 2,580.10 | 2,620.00 | 2,536.10 | 2,592.90 | 2,591.13 | 10,23,721 | 46.8% |
| 16 Oct 2026 | 2,509.20 | 2,630.00 | 2,500.00 | 2,571.50 | 2,597.84 | 17,03,598 | 25.9% |
| 15 Oct 2026 | 2,630.10 | 2,633.00 | 2,450.20 | 2,486.90 | 2,532.65 | 11,55,246 | 41.3% |
| 14 Oct 2026 | 2,730.00 | 2,738.80 | 2,625.00 | 2,633.80 | 2,670.51 | 7,89,004 | 41.7% |
| 13 Oct 2026 | 2,800.00 | 2,808.00 | 2,663.70 | 2,730.00 | 2,713.99 | 13,02,205 | 41.5% |
| 12 Oct 2026 | 2,670.00 | 2,818.00 | 2,660.30 | 2,793.90 | 2,755.17 | 19,63,676 | 36.8% |
| 9 Oct 2026 | 2,657.90 | 2,691.60 | 2,601.70 | 2,640.40 | 2,639.39 | 7,60,698 | 29.9% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 25 Feb 2013 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 3 Dec 2010 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 10 Oct 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
About Welspun Corp
Welspun Corp Limited makes steel pipes, plastic pipes and related products for the energy, water and construction sectors. It is the flagship company of Welspun World, an Indian multinational group. It serves customers across six continents and more than fifty countries. It was incorporated in 1995. Its registered office is at Welspun City, near Anjar in Kutch, Gujarat.
The company's portfolio spans line pipes, ductile iron (DI) pipes, stainless steel bars, pipes and tubes, and TMT rebars. Line pipes are made as HSAW, LSAW and HFIW/HFW pipes, and are used for oil and gas transportation and for water transmission. DI pipes are used for drinking water supply, irrigation and wastewater systems. TMT rebars are used in construction across buildings, roads and infrastructure projects. Through its Sintex business, the company also sells water storage tanks and plastic pipes, including OPVC pipes.
Manufacturing is spread across three countries. In India, the company operates plants at Anjar and Jhagadia in Gujarat, Bhopal in Madhya Pradesh and Mandya in Karnataka, along with nine Sintex units. These include sites at Kalol in Gujarat, Raipur in Chhattisgarh, Namakkal in Tamil Nadu and Nagpur in Maharashtra. A further Sintex site at Guwahati in Assam runs under contract manufacturing. Outside India, it operates in Little Rock in the USA and Dammam in Saudi Arabia, which puts production closer to key markets.
Its entry into polymers and building materials came through the acquisition of the Sintex brand.
- Legal name
- Welspun Corp Limited
- NSE symbol
- WELCORP
- BSE code
- 532144
- ISIN
- INE191B01025
- Industry
- Industrial Products
- Listed
- Apr 1997 on BSE, May 2005 on NSE
- Face value
- ₹5
- Former symbols
- WELGUJ
- CIN
- L27100GJ1995PLC025609
- Corporate identity number, the registrar of companies' code for it