Welspun Corp Ltd (WELCORP) — shareholding pattern, promoter holding, financials and share price
About Welspun Corp Ltd (WELCORP)
Welspun Corp Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as WELCORP and on the BSE under scrip code 532144. Its ISIN is INE191B01025.
WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard. [1]
Welspun Corp Limited is a leading global manufacturer of welded line pipes, catering to major oil & gas companies with facilities in India, the USA, and Saudi Arabia.
The company boasts a robust order book of INR 23,600 crore, showcasing its strong market demand and reinforcing revenue visibility across its geographical operations.
Listed peers in Iron & Steel Products: APL Apollo Tubes Ltd, Shyam Metalics & Energy Ltd, Ratnamani Metals & Tubes Ltd, Jindal Saw Ltd, Godawari Power & Ispat Ltd, Gallantt Ispat Ltd..
Valuation & Returns
10 Jul 2026At ₹1,615.45 a share on 10 Jul 2026, Welspun Corp Ltd (WELCORP) was valued at a price-to-earnings ratio of 26.3x against an industry P/E of 37x and a price-to-book of 4.65x on a book value of ₹347.08 per share as of Mar 2026. Solomo computes return on equity of 17.7% and return on capital employed of 20.49% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 26.3x
- Industry P/E
- 37x
- P/B
- 4.65x
- EPS (TTM)
- ₹61.43
- Book value / share
- ₹347.08
- ROE
- 17.7%
- ROCE
- 20.49%
- ROA
- 7.93%
- Debt / equity
- 0.26x
- Dividend yield
- 0.62%
- EBITDA margin
- 16.18%
- 52-week range
- ₹709.75 – ₹1,634.45
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Welspun Corp Ltd (WELCORP) reported revenue of ₹16,770 crore, net profit of ₹1,620 crore and earnings per share of ₹61.15. That compares with revenue of ₹13,978 crore and net profit of ₹1,902 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,313 crore and net profit ₹371 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 6,505 | 9,758 | 17,340 | 13,978 | 16,770 |
| Net profit (₹ cr) | 444 | 199 | 1,136 | 1,902 | 1,620 |
| EPS (₹) | 16.82 | 7.9 | 42.44 | 72.73 | 61.15 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.08% | 9.44% | 2.39% | 19.98% |
| Profit growth | 21.58% | -0.23% | 54.06% | -14.81% |
| Stock price CAGR | 35% | 62% | 76% | 85% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 49.73% of Welspun Corp Ltd (WELCORP) (unchanged from the previous quarter), foreign institutional investors (FII) hold 14.61% and domestic institutional investors (DII) hold 19.95%. Market capitalisation was ₹42,614 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Authum Investment And Infrastructure Limited 5.31%, Life Insurance Corporation Of India 4.71%, Quant Mutual Fund - Quant Small Cap Fund 1.95%, Fidelity Securities Fund: Fidelity Blue Chip Growth Fund 1.9%, Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund 1.7%, Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund 1.69%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 49.73% | - | 14.61% | 19.95% | 50.24% |
| Mar 2026 | 49.73% | - | 11.23% | 21.49% | 50.24% |
| Dec 2025 | 49.73% | - | 11.44% | 20.54% | 50.24% |
| Sep 2025 | 49.77% | - | 11.8% | 20.88% | 50.2% |
| Jun 2025 | 49.84% | - | 12.14% | 20.72% | 50.13% |
| Mar 2025 | 50.01% | - | 12.18% | 20.49% | 49.96% |
| Dec 2024 | 50.01% | - | 11.72% | 20.19% | 49.96% |
| Sep 2024 | 50.01% | - | 11.65% | 17.64% | 49.96% |