A fundamental analysis of Welspun Corp Ltd. (WELCORP) covering revenue trends, profitability, valuation, and shareholding patterns.
Welspun Corp Revenue Trend
For FY2026, Welspun Corp Ltd. recorded revenue of ₹16,905 Cr. That's 20.9% higher than the ₹13,978 Cr it brought in during FY2025.
Welspun Corp Ltd.'s revenue compounded at 7.3% over 10 years — not a breakout compounder, but steady enough to suggest a stable business.
In terms of scale, Welspun Corp Ltd.'s ₹16,905 Cr in annual revenue positions it as a major steel and steel products company.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹16,905 Cr | +20.9% |
| FY2025 | ₹13,978 Cr | -20.5% |
| FY2024 | ₹17,582 Cr | +74.5% |
| FY2023 | ₹10,078 Cr | +42.8% |
| FY2022 | ₹7,056 Cr | — |
View Welspun Corp Ltd.'s full 10-year revenue trend with CAGR analysis →
Welspun Corp Profitability
Welspun Corp Ltd.'s bottom line weakened to ₹1,620 Cr in FY2026, a 15.1% decline year-over-year.
Net margin thinned to 9.6% in FY2026, compared to 13.7% the year before.
On an EPS basis, the company earned ₹61.20 (diluted) in FY2026 versus ₹72.44 in FY2025.
Is Welspun Corp Undervalued
The P/E Ratio model estimates an intrinsic value of ₹817, implying a 49.5% downside from the current price.
Welspun Corp Ltd. shares are currently trading at ₹1,619.90.
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 | ₹817 | 49.5% 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 11.2%, down from the 12.1% recorded a year ago.
Domestic institutional investors (DIIs) held 21.5% as of March 2026, up from 20.7% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 49.7% | 11.2% | 21.5% | 17.5% |
| 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% |
Track quarterly shareholding changes for Welspun Corp Ltd. →
Welspun Corp Balance Sheet
Proportional view as of 13 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹204.34B at the end of FY2026, up 34.1% from ₹152.37B a year earlier.
Property, Plant & Equipment is the largest block at 34.4%, followed by Inventories at 22.8% and Other Assets at 16.0%.
Equity makes up 46.0% of liabilities and equity, with debt at 11.5% and operating liabilities at 42.4%. Over the year, debt is up 113.4% and equity is up 21.7%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 23.30B |
| Receivables | 17.19B |
| Inventories | 46.56B |
| Property, Plant & Equipment | 70.24B |
| Investments | 10.46B |
| Intangibles & Goodwill | 3.91B |
| Other Assets | 32.69B |
| Category | Value |
|---|---|
| Equity | 94.06B |
| Short-term Debt | 5.92B |
| Long-term Debt | 17.63B |
| Trade Payables | 33.23B |
| Other Liabilities | 53.50B |
Welspun Corp Key Highlights
In summary, Welspun Corp Ltd. (WELCORP) presents the following picture for fundamental analysts.
Revenue of ₹16,905 Cr in FY2026, up 20.9% year-over-year.
Long-term revenue has been compounding at 7.3% annually over 10 years.
The company is profitable, with a net margin of 9.6% and net income of ₹1,620 Cr.
The P/E Ratio model implies 49.5% 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..