Welspun Corp Limited
Welspun Corp Limited (WELCORP) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Industrials›Capital Goods›Industrial Products›Iron & Steel Products
welspuncorp.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-02
Stock price
₹2523.50
Market cap
66,553 Cr
Stock P/E
28.5
P/B
7.08
Dividend yield
0.2%
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,059 Cr | 4,750 Cr | 4,461 Cr | 3,137 Cr | 3,302 Cr | 3,614 Cr | 3,925 Cr | 3,551 Cr | 4,374 Cr | 4,532 Cr | 4,313 Cr | 4,081 Cr |
| Operating expenses (approx.) | 3,660 Cr | 4,287 Cr | 4,131 Cr | 2,763 Cr | 2,902 Cr | 3,179 Cr | 3,465 Cr | 3,026 Cr | 3,783 Cr | 3,917 Cr | 3,809 Cr | 3,389 Cr |
| EBITDA | 400 Cr | 463 Cr | 330 Cr | 374 Cr | 400 Cr | 434 Cr | 460 Cr | 525 Cr | 591 Cr | 616 Cr | 504 Cr | 692 Cr |
| OPM % | 9.8% | 9.7% | 7.4% | 11.9% | 12.1% | 12.0% | 11.7% | 14.8% | 13.5% | 13.6% | 11.7% | 17.0% |
| Other income | 102 Cr | 8 Cr | 83 Cr | 42 Cr | 62 Cr | 43 Cr | 42 Cr | 35 Cr | 35 Cr | 30 Cr | 36 Cr | 64 Cr |
| Interest | 75 Cr | 63 Cr | 75 Cr | 66 Cr | 83 Cr | 82 Cr | 88 Cr | 63 Cr | 49 Cr | 51 Cr | 49 Cr | 45 Cr |
| Depreciation | 86 Cr | 90 Cr | 87 Cr | 85 Cr | 89 Cr | 90 Cr | 87 Cr | 85 Cr | 84 Cr | 93 Cr | 93 Cr | 125 Cr |
| Profit before tax | 466 Cr | 373 Cr | 347 Cr | 305 Cr | 352 Cr | 749 Cr | 855 Cr | 461 Cr | 588 Cr | 593 Cr | 504 Cr | 1,207 Cr |
| Tax % | 17.0% | 21.2% | 17.2% | 18.8% | 19.6% | 10.3% | 18.2% | 24.3% | 24.6% | 23.0% | 26.3% | 13.2% |
| Net profit | 387 Cr | 294 Cr | 287 Cr | 248 Cr | 283 Cr | 672 Cr | 699 Cr | 349 Cr | 444 Cr | 456 Cr | 371 Cr | 1,048 Cr |
| EPS (₹) | ₹14.71 | ₹11.16 | ₹10.26 | ₹9.49 | ₹10.97 | ₹25.73 | ₹26.63 | ₹13.32 | ₹16.70 | ₹17.17 | ₹14.04 | ₹39.68 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,953 Cr | 9,957 Cr | 6,440 Cr | 6,505 Cr | 9,758 Cr | 17,340 Cr | 13,978 Cr | 16,770 Cr | Sign in for TTM |
| Operating expenses (approx.) | 8,380 Cr | 8,797 Cr | 5,665 Cr | 6,033 Cr | 9,274 Cr | 15,778 Cr | 12,309 Cr | 14,535 Cr | Sign in for TTM |
| EBITDA | 573 Cr | 1,160 Cr | 774 Cr | 472 Cr | 485 Cr | 1,561 Cr | 1,668 Cr | 2,236 Cr | Sign in for TTM |
| OPM % | 6.4% | 11.7% | 12.0% | 7.3% | 5.0% | 9.0% | 11.9% | 13.3% | Sign in for TTM |
| Other income | 135 Cr | 116 Cr | 235 Cr | 551 Cr | 320 Cr | 242 Cr | 190 Cr | 135 Cr | Sign in for TTM |
| Interest | 177 Cr | 144 Cr | 68 Cr | 102 Cr | 243 Cr | 304 Cr | 320 Cr | 212 Cr | Sign in for TTM |
| Depreciation | 260 Cr | 233 Cr | 215 Cr | 255 Cr | 303 Cr | 348 Cr | 351 Cr | 355 Cr | Sign in for TTM |
| Profit before tax | 51 Cr | 844 Cr | 713 Cr | 661 Cr | 334 Cr | 1,413 Cr | 2,262 Cr | 2,147 Cr | Sign in for TTM |
| Tax % | 239.7% | 48.9% | 31.0% | 32.8% | 40.3% | 19.6% | 15.9% | 24.5% | Sign in for TTM |
| Net profit | -22 Cr | 654 Cr | 631 Cr | 444 Cr | 199 Cr | 1,136 Cr | 1,902 Cr | 1,620 Cr | Sign in for TTM |
| EPS (₹) | ₹2.57 | ₹24.12 | ₹23.72 | ₹16.82 | ₹7.91 | ₹42.45 | ₹72.80 | ₹61.23 | Sign in for TTM |
| Dividend payout % | — | — | — | 37.1% | 65.4% | 11.5% | 6.9% | 8.1% | Sign in for TTM |
Sign in for TTM
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 133 Cr | 130 Cr | 130 Cr | 130 Cr | 131 Cr | 131 Cr | 131 Cr | 132 Cr |
| Reserves | 2,665 Cr | 3,099 Cr | 3,663 Cr | 4,298 Cr | 4,601 Cr | 5,485 Cr | 7,332 Cr | 9,024 Cr |
| Borrowings | 1,253 Cr | 780 Cr | 560 Cr | 2,021 Cr | 3,316 Cr | 1,908 Cr | 924 Cr | 2,163 Cr |
| Other liabilities | 4,155 Cr | 3,934 Cr | 2,146 Cr | 2,620 Cr | 7,179 Cr | 4,208 Cr | 6,584 Cr | 8,866 Cr |
| Total liabilities | 8,200 Cr | 7,943 Cr | 6,525 Cr | 9,169 Cr | 15,339 Cr | 11,850 Cr | 15,237 Cr | 20,434 Cr |
| Fixed assets (net) | 1,552 Cr | 1,521 Cr | 1,527 Cr | 2,068 Cr | 4,500 Cr | 4,382 Cr | 4,252 Cr | 6,084 Cr |
| CWIP | 46 Cr | 82 Cr | 142 Cr | 1,260 Cr | 87 Cr | 85 Cr | 785 Cr | 1,233 Cr |
| Investments | 481 Cr | 791 Cr | 1,710 Cr | 2,322 Cr | 1,591 Cr | 1,165 Cr | 1,464 Cr | 1,925 Cr |
| Loans & advances | 0.48 Cr | 73 Cr | 12 Cr | 0.30 Cr | 0.17 Cr | 0.32 Cr | 4 Cr | 0.46 Cr |
| Inventories | 2,223 Cr | 2,268 Cr | 1,040 Cr | 1,019 Cr | 5,686 Cr | 2,316 Cr | 4,212 Cr | 4,656 Cr |
| Trade receivables | 1,181 Cr | 1,144 Cr | 656 Cr | 813 Cr | 1,140 Cr | 1,799 Cr | 1,769 Cr | 1,719 Cr |
| Cash & bank | 585 Cr | 441 Cr | 169 Cr | 640 Cr | 1,016 Cr | 819 Cr | 1,147 Cr | 1,513 Cr |
| Other assets | 2,132 Cr | 1,623 Cr | 1,269 Cr | 1,045 Cr | 1,319 Cr | 1,285 Cr | 1,603 Cr | 3,304 Cr |
| Total assets | 8,200 Cr | 7,943 Cr | 6,525 Cr | 9,169 Cr | 15,339 Cr | 11,850 Cr | 15,237 Cr | 20,434 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 218 Cr | -185 Cr | 1,306 Cr | 1,504 Cr | 3,204 Cr |
| Cash from investing | — | — | — | -209 Cr | -417 Cr | 367 Cr | 180 Cr | -3,723 Cr |
| Cash from financing | — | — | — | 453 Cr | 909 Cr | -1,877 Cr | -1,369 Cr | 875 Cr |
| Net cash flow | — | — | — | 470 Cr | 334 Cr | -198 Cr | 328 Cr | 365 Cr |
| Free cash flow (OCF − Capex) | — | — | — | -761 Cr | -1,379 Cr | 1,007 Cr | 651 Cr | 672 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 8.2% | 30.7% | 20.6% | 17.2% | 7.1% | 22.5% | 29.8% | 20.4% |
| ROE % | 0.0% | 20.3% | 16.3% | 9.9% | 4.3% | 19.4% | 24.7% | 17.1% |
| Debtor days | 48 | 42 | 37 | 45 | 43 | 38 | 46 | 37 |
| Inventory days | 129 | 113 | 119 | 89 | 233 | 79 | 160 | 157 |
| Days payable | 91 | 72 | 65 | 86 | 106 | 77 | 123 | 112 |
| Cash conversion cycle | 85 | 83 | 91 | 49 | 170 | 40 | 84 | 82 |
| Debt / equity | 0.45 | 0.01 | 0.00 | 0.00 | 0.70 | 0.34 | 0.12 | 0.24 |
| Current ratio | 1.29 | 1.34 | 2.09 | 1.48 | 1.18 | 1.53 | 1.33 | 1.33 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 4.75 | 0.70 | -0.13 | 0.29 |
Compare with peers
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