Added to YB: 2026-08-25
Pitch date: 2026-08-22
WELCORP.NS [neutral]
Welspun Corp Limited
+4.56%
current return
Author Info
No bio for this author
Company Info
Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally.
Market Cap
INR 608.4B
Pitch Price
INR 2.3K
Price Target
N/A
Dividend
0.22%
EV/EBITDA
21.22
P/E
26.33
EV/Sales
3.45
Sector
Metals and Mining
Category
growth
Welspun corp wins its largest-ever order
WELCORP.NS (overview): India's largest large-diameter steel pipe maker won record $1.8bn (Rs17,200cr) US order, ~103% of FY26 sales; global orderbook now $4.4bn (~2.5yrs rev). Boosts Arkansas plant utilization/operating leverage. But FY28-29 execution, undisclosed margins, cyclical US demand. Clean FY26 PAT Rs1,613cr (Q1 flattered by Rs548cr Saudi one-off). Watch customer/pipe grade.
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