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Welspun share price & results

Welspun Corp· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Jun 2026

Global manufacturer of line pipes, DI pipes and stainless steel, and owner of the Sintex water-tank brand.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,567 ₹ crore−14.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin11.0 %−2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit116 ₹ crore−54.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity27.82 %+0.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin4.26 %−0.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)20.21 %+39.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

6 of 9 judged targets kept · 12 open · verdicts reflect calls analysed to Q1 FY27.

Welspun Corp management guidance track record: 21 targets tracked across analysed earnings calls (6 achieved, 3 missed, 12 open).

TargetOriginal wordingSaidLatest callVerdict
Internal ROCE Threshold18-20%
Call transcript, Q1 FY25 · 8 Aug 2024		Q1 FY25Q1 FY27:Annualized ROCE reported to be 'well above 20%'. Target met.
Call transcript, Q1 FY27 · 27 Jul 2026		Achieved
DI Pipe Capacity Enhancement600,000 tons by end of Q3 FY25
Call transcript, Q1 FY25 · 8 Aug 2024		Q1 FY25Q1 FY27:No update provided. Promise remains unaddressed since Q3 FY25.
Call transcript, Q1 FY27 · 27 Jul 2026		Ghosted
Steady-state DI Pipe Margins13-15%
Call transcript, Q1 FY25 · 8 Aug 2024		Q1 FY25Q1 FY27:Management reports muted domestic demand, fund constraints, and overcapacity, expecting challenges to persist. This increases risk to the margin target.
Call transcript, Q1 FY27 · 27 Jul 2026		At Risk

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Welspun Corp's 21 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 18 more targets are in the full ledger.

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Price

₹2,571.5 +3.40% · +₹84.6

Last close 16 Oct 2026 · NSE · INR

Performance +211.7% 1Y

₹1.0k₹1.5k₹2.0k₹2.5k₹3.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Aug 26Oct 26Q2 FY26 — 31 Oct 2025Q3 FY26 — 2 Feb 2026Q4 FY26 — 22 May 2026Q1 FY27 — 27 Jul 2026

1Y: ₹825.1 on 15 Oct 2025 → ₹2,571.5. High ₹2,842 (29 Sept 2026), low ₹721.85 (27 Jan 2026).

Previous close
₹2,486.9
Market cap
₹67.8k Cr
52-week range
₹721.85 – ₹2,842
One year
+207.52%
Price to earnings (TTM to Jun 2026)
29.38×
Return on equity (TTM to Jun 2026)
27.82%

Overview

Symbol
NSE:WELCORP
Industry
Industrials
Exchange
NSE
Currency
INR

What Welspun Corp does

Based on the company's own presentations, annual report and earnings calls.

Welspun Corp Limited (WCL) is the flagship pipe and building-materials manufacturer of the Welspun World group, making large-diameter line pipes (LSAW, HSAW/ERW, HFIW processes) for oil & gas and water-infrastructure customers, ductile iron (DI) pipes, and stainless steel bars, pipes & tubes and TMT rebars. It also owns Sintex, a pan-India brand for water storage tanks and plastic piping including OPVC pipes. The company operates manufacturing facilities in India, the USA and Saudi Arabia and sells to customers across six continents in more than 50 countries.

Segments

  • Large Diameter Line Pipes
  • Ductile Iron (DI) Pipes
  • Sintex
  • WSSL (Welspun Specialty Solutions Ltd)
Manufacturing presence
Plants across India (Gujarat, Karnataka, Madhya Pradesh), USA (Little Rock, Arkansas) and Saudi Arabia (Dammam)
Global customer reach
Customers across six continents in more than 50 countries
Business verticals
4 — Large Diameter Line Pipes, DI Pipes, Sintex, WSSL
US large-diameter line pipe market position
Market leader with an estimated 33-35% share of the US market
Line pipe manufacturing processes
LSAW, HSAW/ERW and HFIW
DI pipe manufacturing capability
Ductile iron pipes up to DN 2600 diameter — a size range only a few plants globally can produce
Founded 1995Headquarters Mumbai, India (corporate office); registered office in Anjar, Kutch, Gujarat Company website

How the price took the results

close before → close after

Q1 FY27
+0.2%
27 Jul
Q4 FY26
−4.0%
22 May
Q3 FY26
+2.5%
2 Feb
Q2 FY26
+4.3%
31 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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