WELCORP
Construction & EngineeringWelspun Corp Limited
In 1995, Welspun Corp, which was also earlier known as Welspun Gujarat Stahl Rohren (or WGSRL), a manufacturing hub for state-of-the-art pipe and associated niche products, was being incorporated. It is also the recommended choice for the energy transportation sector, such as oil, gas, or water. In the year 2010, it also changed its company name from Welspun Gujarat Stahl Rohren Ltd. to Welspun Corp Ltd.
Also, WGSRL is a flagship company of the Welspun Group and the second-largest (large diameter) pipe producer globally (financial times the UK, 2008) and also the emerging company of the year (Economic Times Corporate Excellence Awards, 2008). Along with an influential culture of ‘Engineering Excellence,' it has been able to set to be the world's largest pipe corporation with an increased capacity from 1.5 million tons in a year to 1.8 million tons until March 2011.
The company has supplied high-end pipes for most critical projects in the deepest of the ocean (Independence Trail Project, in the Gulf of Mexico) to the toughest terrain (Rockies Mountain, USA). Some clients also include Kinder Morgan, Transcanada, Enterprise, Texas Gas, Elpaso, British Petroleum, Hunt Oil, Saudi Aramco, Exxon Mobil, Qatar Petro DOW, Gazprom, and many more.
Anjar – Spiral Mill 2, Anjar – L–Saw Mill, Anjar – HFERW Pipes (Mill1), Anjar – Bending Mill, Anjar – HFERW Pipes (Mill2), Anjar – Coating Mill, Dahej – L–Saw Mill, Dahej – Spiral Mill, and the Dahej – Coating Mill
2009: The National Awards for Export Excellence – Silver Trophy.
2008: The Most Remarkable Company in Metal Pipes.
- Trades at a P/E of 15.2, with a return on equity (ROE) of 21.5%.
- WELCORP is trading above 4 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
- Year-to-date it is up 102.36%, and up 78.27% over the past year.
- At ₹1,596.90 it sits about 90% of the way up its 52-week range (₹710.00–₹1,698.80).
- Offers a dividend yield of 0.78%.
- Market capitalisation stands at ₹41,911 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹6,917 Cr | ₹529 Cr | ₹20.21 | 7.65% |
| Mar 2022 | ₹5,288 Cr | ₹486 Cr | ₹18.61 | 9.19% |
| Mar 2021 | ₹6,440 Cr | ₹619 Cr | ₹23.72 | 9.61% |
| Mar 2021 | ₹6,440 Cr | ₹619 Cr | ₹23.72 | 9.61% |
| Mar 2020 | ₹9,957 Cr | ₹635 Cr | ₹24.36 | 6.38% |
| Mar 2020 | ₹9,957 Cr | ₹635 Cr | ₹24.36 | 6.38% |
| Mar 2019 | ₹8,953 Cr | ₹-13.00 Cr | ₹0.00 | -0.15% |
| Mar 2019 | ₹8,953 Cr | ₹-13.00 Cr | ₹0.00 | -0.15% |
| Mar 2018 | ₹6,347 Cr | ₹158 Cr | ₹5.97 | 2.49% |
| Mar 2017 | ₹5,899 Cr | ₹26 Cr | ₹1.00 | 0.44% |
| Mar 2016 | ₹7,236 Cr | ₹152 Cr | ₹5.72 | 2.1% |
| Mar 2015 | ₹8,450 Cr | ₹69 Cr | ₹2.52 | 0.82% |
| Company | P/E | Book Value | Sales Growth |
|---|---|---|---|
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| PATELENG PATEL ENGINEERING LTD. | 6.51 | ₹60.02 | -9.19% |
| MANINFRA MAN INFRACONSTRUCTION LTD. | 11.81 | ₹33.73 | -7.7% |
| ELECTCAST ELECTROSTEEL CASTINGS LTD. | 6.62 | ₹57.21 | 5.84% |
| RIIL RELIANCE INDUSTRIAL INFRASTRUCTURE LTD. | 76.83 | ₹223.65 | -1.94% |
| JPASSOCIAT JAIPRAKASH ASSOCIATES LTD. | 0 | ₹34.66 | -7.58% |
| SKIPPER Skipper Ltd | 12.41 | ₹63.88 | 7.62% |
| SHRIRAMEPC SHRIRAM EPC LTD. | 36.35 | ₹13.02 | 10.59% |
| MANINDS MAN INDUSTRIES (INDIA) LTD.-$ | 10.25 | ₹123.51 | 16.76% |
| SIMPLEXINF Simplex Infrastructures Limited | 2.87 | ₹364.60 | 0.77% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 19 Sept 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 3,68,651 | ₹247.20 |
| 19 Sept 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 3,68,651 | ₹247.20 |
| 19 Sept 2022 | ISHARES INDIA SC MAURITIUS COMPANY | SALE | 54,491 | ₹247.20 |
| 19 Sept 2022 | ISHARES MSCI INDIA SMALL-CAP ETF | PURCHASE | 54,491 | ₹247.20 |
| 28 Jan 2022 | COHESION MK BEST IDEAS SUB TRUST | PURCHASE | 14,00,000 | ₹178.00 |
| 23 Aug 2021 | GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO | PURCHASE | 31,36,994 | ₹110.35 |
| 23 Aug 2021 | GOLDMAN SACHS INDIA FUND LIMITED | SALE | 31,36,994 | ₹110.35 |
| 23 Aug 2021 | GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO | PURCHASE | 31,36,994 | ₹110.35 |
| 23 Aug 2021 | GOLDMAN SACHS INDIA FUND LIMITED | SALE | 31,36,994 | ₹110.35 |
| 04 Aug 2020 | ALTURA CAPITAL ADVISIORS LLP | PURCHASE | 24,00,000 | ₹96.25 |
| 04 Aug 2020 | AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED | SALE | 24,00,000 | ₹96.25 |
| 04 Aug 2020 | ALTURA CAPITAL ADVISIORS LLP | PURCHASE | 24,00,000 | ₹96.25 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.