₹ 2.4 Cr
Volume transacted
37.8 K
stocks traded
Last Updated time: 27 Jul 9.00 AM
Welspun Corp Ltd
NSE: WELCORP
PE
15.2
Last updated : 27 Jul 9.00 AM
The P/E Ratio of Welspun Corp Ltd is 15.2 as of 27 Jul 9.00 AM .a1#The P/E Ratio of Welspun Corp Ltd changed from 2.6 on March 2019 to 25.4 on March 2023 . This represents a CAGR of 76.79% over 4 years. a1#The Latest Trading Price of Welspun Corp Ltd is ₹ 643.9 as of 26 Jul 15:30 .a1#The PE Ratio of Steel Industry has changed from 10.4 to 20.2 in 5 years. This represents a CAGR of 14.20%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Steel industry is 25.5. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Welspun Corp Ltd changed from ₹ 3597 crore on March 2019 to ₹ 5255 crore on March 2023 . This represents a CAGR of 7.87% over 5 years. a1#The Revenue of Welspun Corp Ltd changed from ₹ 1398 crore to ₹ 4639 crore over 8 quarters. This represents a CAGR of 82.17% a1#The EBITDA of Welspun Corp Ltd changed from ₹ 105.14 crore to ₹ 508.46 crore over 8 quarters. This represents a CAGR of 119.91% a1#The Net Pr of Welspun Corp Ltd changed from ₹ -0.95 crore to ₹ 287.28 crore over 8 quarters. This represents a CAGR of NaN% a1#The Dividend Payout of Welspun Corp Ltd changed from -4.78 % on March 2019 to 24.74 % on March 2023 . This represents a CAGR of NaN% over 5 years. a1#
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The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.
Period | |
---|---|
Mar '19 | 0 |
Mar '20 | 2.6 |
Mar '21 | 4.7 |
Mar '22 | 10 |
Mar '23 | 25.4 |
Market Cap
₹ 16,884 Cr
EPS
₹ 42.3
P/E Ratio (TTM) *
15.2
P/B Ratio (TTM) *
3.0
Day’s High
₹ 654.0
Day’s Low
₹ 639.0
DTE *
0.3
ROE *
19.8
52 Week High
₹ 678.2
52 Week Low
₹ 309.85
ROCE *
22.2
* All values are consolidated
Last Updated time: 27 Jul 9.00 AM
* All values are consolidated
Last Updated time: 27 Jul 9.00 AM
Welspun Corp Ltd
NSE: WELCORP
PRICE
₹ 643.9
5.80 (0.91%)
Last updated : 26 Jul 15:30
The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.
1M
1Y
3Y
5Y
* All values are in Rupees
Strength
3
S
Weakness
2
W
Opportunity
0
O
Threats
1
T
Revenue
Profitability
Affordability
Liquidity
Dividend
Market Value
₹ 16,885
Asset Value
₹ 8,848
0.9 X
Value addition
* All values are in Rupees
Company Name | PE | Market Cap (INR Cr.) |
---|---|---|
Welspun Corp Ltd | 15 | 16,884 |
JSW Steel Ltd | 31 | 220,201 |
Tata Steel Ltd | 26 | 202,982 |
Jindal Steel & Power Ltd | 17 | 99,178 |
Tube Investments of India Ltd | 67 | 80,489 |
Jindal Stainless Ltd | 23 | 62,915 |
Earnings
₹1,109 Cr
15.2 X
PE Ratio
Market Cap
₹16884Cr
PE Ratio
PS Ratio
PB Ratio
The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.
P/E ratio = (CMP of share/ Earning per share)
1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.
Earnings
₹1,109 Cr
15.2 X
PE Ratio
Market Cap
₹16884Cr
PE Ratio
PS Ratio
PB Ratio
The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.
P/E ratio = (CMP of share/ Earning per share)
1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Period | |
---|---|
Mar '19 | 3598 |
Mar '20 | 1628 |
Mar '21 | 3630 |
Mar '22 | 4370 |
Mar '23 | 5255 |
* All values are a in ₹crore
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.
Period | |
---|---|
Jun '22 | 1398 |
Sep '22 | 2154 |
Dec '22 | 2440 |
Mar '23 | 4161 |
Jun '23 | 4119 |
Sep '23 | 4286 |
Dec '23 | 4811 |
Mar '24 | 4639 |
* All values are a in ₹crore
PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.
Period | |
---|---|
Jun '22 | 105 |
Sep '22 | 59 |
Dec '22 | 204 |
Mar '23 | 511 |
Jun '23 | 406 |
Sep '23 | 626 |
Dec '23 | 525 |
Mar '24 | 508 |
* All values are a in ₹crore
Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue
Period | |
---|---|
Jun '22 | -1 |
Sep '22 | -63 |
Dec '22 | 23 |
Mar '23 | 240 |
Jun '23 | 168 |
Sep '23 | 387 |
Dec '23 | 294 |
Mar '24 | 287 |
* All values are a in ₹crore
Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.
Period | |
---|---|
Mar '19 | -5 |
Mar '20 | 102 |
Mar '21 | 13 |
Mar '22 | 27 |
Mar '23 | 25 |
* All values are a in %
Welspun Group is one of India's fastest-growing global conglomerate with a leadership position in Line Pipes, Home Textiles, Infrastructure, Warehousing, Retail, Oil & Gas, Steel, Advanced Textiles and Flooring Solutions. A flagship company of the USD 2.7 billion Welspun Group, Welspun Corp Limited is a one-stop service provider of welded line pipes and a preferred supplier to several Fortune 100 oil & gas companies. Its facilities in India, Kingdom of Saudi Arabia and USA manufacture and deliver some of the most critical pipelines in executing complex and large on-shore and off-shore projects. Being among the top 3 welded line pipe manufacturers globally, they provide complete solutions and capabilities to manufacture a diverse variety of pipes. It has a diversified presence in over 50 countries. The Company was incorporated in 26th April, 1995 and is presently engaged in the business of Production and Coating of High Grade Submerged Arc Welded Pipes, Hot Rolled Steel Plates and Coils. The Longitudinal (LSAW), Spiral (HSAW) and ERW / HFIW pipes, produced at its advanced state-of-the-art global manufacturing facilities in India, USA and Saudi Arabia meet stringent specifications. The Company's distinguished clients (Fortune 100 companies) comprise bellwethers of the oil and gas sector (Shell, Saudi Aramco, TOTAL, Chevron, Energy Transfer, South Oil Company, ExxonMobil, Kinder Morgan, TransCanada, Enbridge to name a few). The Company's local presences are spread across India, USA and the Saudi Arabia. The Company has recently set up a $ 100 million manufacturing facility in Little Rock, Arkansas, USA. The manufacturing facilities incorporate the hybrid JCO technology from Mannesmann Demag of Germany (SMS Meer). WGSRL has been the leader in quality, innovation and technology and enjoys distinction of supplying highest recognized X 80 grade and 56' outer diameter line pipes in the country. The first HSAW mill of the company was commissioned at Dahej with capacity of 30,000 MTPA in the year 1997. After two years, in 1999, WGSRL had commissioned state of the art LSAW Mill at Dahej with the capacity 350,000 MTPA. During the year 2000, the company had started its coating Plant at Dahej, Joint Venture with Eupec, the 2nd largest coating company in the World. WGSRL became the first company from India to supply Pipes for the Offshore Projects in US during the year 2002. The Company had bagged an international order worth Rs.62 cr in the year 2002 for three layers PE and internal epoxy lining coated spiral pipes. During the year 2003, WGSRL had received the prestigious order from Petroiran Development Company, from Iran worth US 2 million. Welspun Gujarat forayed into weld pipes business in the year 2004 and also in the same year, the company had bagged Rs 4070 million Saw Pipes order in Libya. Welspun Gujarat made tie-up with Eupec Group in the identical year of 2004. The company commissioned ERW mill in the year 2005 at the new location Anjar with the capacity of 250,000 MTPA. During the year 2006, two new HSAW Plants of 350,000 MTPA came to existence, such as Bending Facility and Additional Coating Plants. In the year 2007, the company's 43 MW captive power plant at Anjar, was made its commercial operation. During the same year 2007, the company had received prestigious pipeline orders worth Rs 1166 crores (USD 288 million) for the supply of line pipes overseas. During December of the identical year 2007, Welspun had acquired 76% interest in bath rug major Sorema, Tapates e Cortinas de Banho, SA (Sorema) of Portugal at an enterprise value of Rs. 600 Million. WGSRL had bagged prestigious pipeline orders worth Rs. 1095 Crores in March of the year 2008 for the supply of Spiral Pipes in Northern Africa. The Company's 1.5 million tonne state-of-art Plate mill commenced its production in April of the year 2008. Part of the backward integration project of Welspun, the mill has the capacity to produce plates up to 4.5 meters wide and is all set to make a mark in the Company's operational capabilities. WGSRL is prepared to meet the growing demand and is in a position to meet the stringent requirements and standards of high-grade line pipes. It plans to increase the capacity of its pipe plant by 75% to 1.75 million tons to meet growing demand for oil pipelines. During the year 2016, the Company formed a 51:49 JV with Wasco Energy Ltd, a wholly owned subsidiary of Wah Seong Corporation Berhad, Malaysia. The LSAW Mill serviced global customers of Oil & Gas across a range of mid and large-sized orders and also successfully demonstrated the trial for 22' OD & 39 mm WT X65 (D/T Ratio of 14.3) to a prestigious client. The LSAW Mill completed some major orders pertaining to Oil & Gas sector and the Spiral mill executed orders for the domestic water sector in FY 2016. In FY 15-16, Spiral mill executed orders pertaining to the Water/Irrigation segment. During FY 15-16, the spiral mill has produced a total quantity of 200K MT and Coating of 2.48 Million sq.mtrs for Saudi Facilities. The Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its order dated May 10, 2019 sanctioned the Scheme of Amalgamation of Welspun Pipes Limited (WPL or the Transferor Company) with Welspun Corp Limited (WCL or the Transferee Company) and their respective shareholders and creditors. The Scheme has become effective on May 10, 2019, being the date of sanction of the Scheme by the NCLT. Pursuant to the Scheme, all the assets and and liabilities of the Transferor Company as on the Appointed Date of January 25, 2019 stood transferred to the Company and in consideration thereof 110,449,818 fully paid up equity share of Rs 5 each of the Transferee Company shall be issued and allotted as fully paid up to the equity shareholders of the Transferor Company in proportion of their holding in the Transferor Company. The Board of Directors, subject to approval of the shareholders and other regulatory approvals, have approved buyback of the Company's fully paid equity shares of Rs 5 each (Equity Share) at a price to be finalized by the Buyback Committee subject to a maximum price of Rs 140 per equity share payable in cash, for a maximum aggregate amount up to Rs 3,900 million (excluding transaction costs), being less than 25% of the total paid-up equity share capital and free reserves (including securities premium account) of the Company as on March 31, 2019 (hereinafter referred to as the Buyback) from the shareholders of the Company on a proportionate basis through the tender offer route. The total number of equity shares to be bought back would hence be 27,857,142 Equity Shares (representing 10.50% of the total paid up equity share capital of the Company) or such other number depending upon the final Buyback Price fixed by the Buyback Committee. The Promoters and Promoter Group of the Company have expressed their intention to tender up to a maximum of 13,260,000 Equity Shares (aggregating to 5% of the equity share capital of the Company). During the year 2019, the Board of the Company's wholly owned subsidiary viz. Welspun Tradings Limited approved closure of business operation of its step-down subsidiary i.e. Welspun Middle East DMCC (WME DMCC) operating in the United Arab Emirates. Necessary steps to voluntarily wind up business operations of WME DMCC have been initiated. In FY'19, the Company commissioned the HSAW plant in Bhopal, Madhya Pradesh and increased the level of production at mill in Saudi Arabia. The Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its order dated May 10, 2019 sanctioned the Scheme of Amalgamation of Welspun Pipes Limited (WPL' or the Transferor Company') with Welspun Corp Limited (WCL' or the Transferee Company') and their respective shareholders and creditors (the Scheme'). The Scheme has become effective on May 10, 2019, being the date of sanction of the Scheme by the NCLT. In FY'20, it ventured into the Ductile lron Pipe segment through a Greenfield facility. In FY 2021, it entered into the business of manufacturing of TMT Rebars and Stainless Steel, Tubes & Pipes, as a part of growth and diversification strategy. In Mar' 22, the Scheme of Arrangement between Welspun Corp Limited (WCL/ Parent Company) and Welspun Steel Limited for transfer and vesting of Demerged Undertaking of the Demerged Company i.e Welspun Steel Limited (WSL) into the Resulting Company i.e. Welspun Corp Limited was effective from April 1, 2021. During the year 2022-23, Big Shot Infra Facilities Private Limited, the wholly owned subsidiary of the Company acquired Sintex Prefab Infra Limited ('SPIL') and resulting through the Scheme of Arrangement, Big Shot was merged with SPIL effective from February 24, 2023. Upon merger, SPIL became a wholly owned subsidiary of the Company. Similarly, Propel Plastic Products Private Limited, a wholly owned subsidiary of the Company acquired Sintex-BAPL Limited in Mar'23 and as a result, Propel merged with SBAPL effective from March 29, 2023 and was made a wholly owned subsidiary of the Company effective from the said date. The Company's wholly owned subsidiaries commissioned state-of-the-art Blast Furnace, Sinter plant, Coke Oven, TMT Bars and DI Pipes facilities during FY 2022-23. During the year 2023, the Company acquired specified assets of ABG Shipyard, one of the largest shipyard infrastructure companies in India.
Welspun Corp Ltd up for third consecutive session
Welspun Corp Ltd is up for a third straight session today. The stock is quoting at Rs 660....
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11 Jul 202413:06
Welspun Corp Ltd rises for third straight session
Welspun Corp Ltd is up for a third straight session today. The stock is quoting at Rs 531....
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07 Jun 202413:05
Welspun Corp's associate company bags mutilple contracts worth SAR 1.65 bln
Welspun Corp announced that its associate company East Pipes Integrated Company for Indust...
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03 Jun 202409:39
Welspun Corp gains after arm inks pact with Aramco
EPIC is a leading manufacturer of helical submerged arc welded (HSAW) pipes in Saudi Arabi...
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03 Jun 202410:47
Welspun Corp slumps as PAT slides 8% to Rs 268 cr in Q4 FY24
As compared to Q4 FY23, the iron & steel maker’s consolidated net profit increased 13.79% ...
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31 May 202415:30
Welspun Corp's Saudi-based associate inks contract worth Rs 316 crore with Alrawaf Contracting
The duration of the aforementioned contract is 19 months. The financial impact of the cont...
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30 May 202409:37
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