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Welspun Specialty Solutions share price & results

Welspun Specialty Solutions Limited· Capital Goods· Industrials

Results to
Sept 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

India's only fully integrated stainless steel & seamless-pipe maker, steelmaking to finished tubes.

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Reported

The figures, each with its period

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

MetricValueChangeBasisPeriodNote
Revenue240 ₹ crore+0.5% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin1.1 %−4.9 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit-4.5 ₹ crore−146.7% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity3.15 %+6.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin7.56 %+1.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)5.42 %+18.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

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

Guidance

What management said, and what became of it

2 of 4 judged targets kept · 8 open · verdicts reflect calls analysed to Q4 FY26.

Welspun Specialty Solutions Limited management guidance track record on Inve: 12 targets tracked across analysed earnings calls (2 achieved, 2 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Overall Volume Growth25% to 30% increase over our deliveries of past.
Call transcript, Q1 FY26 · 23 Jul 2025		Q1 FY26Q4 FY26:Total product sales volume increased by 37% in FY26.
Call transcript, Q4 FY26 · 4 May 2026		Achieved
Share of Green Powerexceed 75%
Call transcript, Q1 FY26 · 23 Jul 2025		Q1 FY26Q4 FY26:Share of renewable electricity consumption increased to 58% during FY '26. Q4 run rate exceeded 70%.
Call transcript, Q4 FY26 · 4 May 2026		Missed
New Bright Bar Project CommissioningCommissioning is scheduled during quarter 3 this year.
Call transcript, Q1 FY26 · 23 Jul 2025		Q1 FY26Q4 FY26:Successfully installed and is currently under stabilization.
Call transcript, Q4 FY26 · 4 May 2026		Delayed

Source: Inve Guidance Tracker for Welspun Specialty Solutions Limited · to Q4 FY26

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.

2 of Welspun Specialty Solutions Limited's 12 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

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Price

₹42.6 −1.21% · −₹0.52

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +11.9% 1Y

₹30.0₹40.0₹50.0₹60.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 28 Oct 2025Q3 FY26 — 27 Jan 2026Q4 FY26 — 4 May 2026

1Y: ₹38.08 on 24 Oct 2025 → ₹42.6. High ₹60.43 (18 Jun 2026), low ₹31.24 (30 Mar 2026).

Previous close
₹43.12
Market cap
₹2.8k Cr
52-week range
₹31.24 – ₹60.43
One year
+5.52%
Price to earnings (TTM to Sept 2026)
195.77×
Return on equity (TTM to Sept 2026)
3.15%

Overview

Symbol
NSE:WELSPLSOL
Industry
Industrials
Exchange
NSE
Currency
INR

What Welspun Specialty Solutions Limited does

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

Welspun Specialty Solutions Limited (WSSL), part of the Welspun Group, is India's only fully integrated manufacturer of stainless steel and high-alloy long products, controlling the entire chain from scrap melting and steelmaking through hot extrusion to finished seamless pipes and tubes at a single facility in Bharuch (Jhagadia), Gujarat. It makes two product lines - stainless steel bars, billets and blooms, and extruded seamless pipes and tubes - in specialty grades including duplex, super-duplex, high-nickel alloys and chrome-alloy T91/P91, serving critical applications in nuclear, defence, aerospace, oil & gas, power and fertiliser industries. The company is an approved supplier to ISRO, DAE/BARC, EIL and BHEL, and its in-house testing lab is accredited to ISO/IEC 17025, supporting sales to domestic and export customers across Europe, the Middle East, Africa, North America and Southeast Asia. It was originally incorporated in 1980 as Remi Metals Limited and later became part of the Welspun Group, renamed Welspun Specialty Solutions Limited.

Segments

  • Stainless Steel Bars & Billets
  • Stainless Steel Extruded Seamless Pipes & Tubes
Total steelmaking capacity
150,000 MT per annum
Pipe & tube (seamless) capacity
18,000 MT per annum
Manufacturing facility
Single integrated facility spanning 126 acres in Bharuch (Jhagadia), Gujarat, running steelmaking through to finished pipes and tubes
Employees
736, including 34 women
Market position
India's only fully integrated stainless steel and high-alloy seamless pipe manufacturer, from steelmaking to finished tubes under one roof
Accreditations / approved-supplier status
Approved supplier to ISRO, DAE/BARC, EIL and BHEL; AS9100D aerospace and IBR accreditations; in-house testing lab accredited to ISO/IEC 17025
Founded 1980Headquarters Mumbai, Maharashtra (manufacturing facility in Bharuch, Gujarat)Employees 736 (FY2025-26) Company website

How the price took the results

close before → close after

Q4 FY26
−3.0%
4 May
Q3 FY26
−1.1%
27 Jan
Q2 FY26
−1.5%
28 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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