A fundamental analysis of Welspun Corp Ltd. (WELCORP) covering revenue trends, profitability, valuation, and shareholding patterns.
Welspun Corp Revenue Trend
Year-over-year, Welspun Corp Ltd.'s revenue fell 20.5% from ₹17,582 Cr to ₹13,978 Cr in FY2025.
Welspun Corp Ltd.'s revenue compounded at 5.2% over 10 years — not a breakout compounder, but steady enough to suggest a stable business.
In terms of scale, Welspun Corp Ltd.'s ₹13,978 Cr in annual revenue positions it as a major steel and steel products company.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹13,978 Cr | -20.5% |
| FY2024 | ₹17,582 Cr | +74.5% |
| FY2023 | ₹10,078 Cr | +42.8% |
| FY2022 | ₹7,056 Cr | +5.7% |
| FY2021 | ₹6,675 Cr | — |
View Welspun Corp Ltd.'s full 10-year revenue trend with CAGR analysis →
Welspun Corp Profitability
Welspun Corp Ltd.'s bottom line improved to ₹1,908 Cr in FY2025, a 68.0% increase over the prior year.
Net margin expanded to 13.7% in FY2025, up from 6.5% a year prior.
On an EPS basis, the company earned ₹72.44 (diluted) in FY2025 versus ₹42.32 in FY2024.
Is Welspun Corp Undervalued
The P/E Ratio model estimates an intrinsic value of ₹948, implying a 33.0% downside from the current price.
Welspun Corp Ltd. shares are currently trading at ₹1,413.60.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹948 | 33.0% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Welspun Corp Ltd. with detailed assumptions →
Welspun Corp Shareholding Pattern
Promoter holding has remained stable at 49.7% over the past 4 quarters, indicating confidence in the company's direction.
FII ownership stands at 11.4%, down from the 12.2% recorded a year ago.
Domestic institutional investors (DIIs) held 20.5% as of December 2025, up from 20.5% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Dec 2025 | 49.7% | 11.4% | 20.5% | 18.2% |
| Sep 2025 | 49.8% | 11.8% | 20.9% | 17.5% |
| Jun 2025 | 49.8% | 12.1% | 20.7% | 17.3% |
| Mar 2025 | 50.0% | 12.2% | 20.5% | 17.3% |
Track quarterly shareholding changes for Welspun Corp Ltd. →
Welspun Corp Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹152.37B at the end of FY2025, up 28.6% from ₹118.50B a year earlier.
Property, Plant & Equipment is the largest block at 31.2%, followed by Inventories at 27.6% and Receivables at 11.6%.
Equity makes up 50.7% of liabilities and equity, with debt at 7.2% and operating liabilities at 42.0%. Over the year, debt is down 43.4% and equity is up 34.8%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 16.94B |
| Receivables | 17.69B |
| Inventories | 42.12B |
| Property, Plant & Equipment | 47.47B |
| Investments | 8.55B |
| Intangibles & Goodwill | 3.91B |
| Other Assets | 15.69B |
| Category | Value |
|---|---|
| Equity | 77.29B |
| Short-term Debt | 4.81B |
| Long-term Debt | 6.22B |
| Trade Payables | 32.25B |
| Other Liabilities | 31.80B |
Welspun Corp Key Highlights
In summary, Welspun Corp Ltd. (WELCORP) presents the following picture for fundamental analysts.
Revenue of ₹13,978 Cr in FY2025, down 20.5% year-over-year.
Long-term revenue has been compounding at 5.2% annually over 10 years.
The company is profitable, with a net margin of 13.7% and net income of ₹1,908 Cr.
The P/E Ratio model implies 33.0% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
See the full picture — Craytheon tracks 10 years of financial data with interactive charts, growth trends, and three valuation models for Welspun Corp Ltd..