Welspun Corp Limited Logo

Welspun Corp Limited

WELCORP.NS

(2.0)
Stock Price

662,45 INR

6.85% ROA

29.48% ROE

17.14x PER

Market Cap.

138.775.092.920,00 INR

39.4% DER

0.94% Yield

6.36% NPM

Welspun Corp Limited Stock Analysis

Welspun Corp Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Welspun Corp Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (37%), which means it has a small amount of debt compared to the ownership it holds

2 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

3 ROE

The stock's ROE falls within an average range (4.87%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (2.29%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (14.781), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 PBV

The stock's elevated P/BV ratio (3.17x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Welspun Corp Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Welspun Corp Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Buy
4 Stoch RSI Buy

Welspun Corp Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Welspun Corp Limited Revenue
Year Revenue Growth
2003 8.276.630.000
2004 10.384.880.000 20.3%
2005 18.297.660.000 43.24%
2006 26.784.820.000 31.69%
2007 39.944.520.000 32.94%
2008 57.395.270.000 30.4%
2009 73.502.730.000 21.91%
2010 80.236.350.000 8.39%
2011 89.765.760.000 10.62%
2012 108.700.500.000 17.42%
2013 77.047.230.000 -41.08%
2014 84.504.870.000 8.83%
2015 83.204.360.000 -1.56%
2016 56.266.500.000 -47.88%
2017 72.400.050.000 22.28%
2018 86.750.630.000 16.54%
2019 97.590.250.000 11.11%
2020 61.466.540.000 -58.77%
2021 63.291.810.000 2.88%
2022 97.581.000.000 35.14%
2023 162.378.000.000 39.91%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Welspun Corp Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 35.100.000 100%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Welspun Corp Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 963.570.000
2004 1.627.900.000 40.81%
2005 3.068.840.000 46.95%
2006 3.231.600.000 5.04%
2007 7.179.050.000 54.99%
2008 11.020.970.000 34.86%
2009 12.832.320.000 14.12%
2010 17.227.810.000 25.51%
2011 11.339.310.000 -51.93%
2012 0 0%
2013 0 0%
2014 0 0%
2015 758.990.000 100%
2016 461.750.000 -64.37%
2017 447.840.000 -3.11%
2018 549.240.000 18.46%
2019 516.520.000 -6.33%
2020 540.150.000 4.37%
2021 1.010.660.000 46.55%
2022 1.301.000.000 22.32%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Welspun Corp Limited EBITDA
Year EBITDA Growth
2003 1.534.740.000
2004 945.660.000 -62.29%
2005 1.674.290.000 43.52%
2006 3.371.940.000 50.35%
2007 6.662.490.000 49.39%
2008 6.534.650.000 -1.96%
2009 13.619.430.000 52.02%
2010 13.696.930.000 0.57%
2011 12.506.070.000 -9.52%
2012 9.919.820.000 -26.07%
2013 7.005.530.000 -41.6%
2014 9.042.390.000 22.53%
2015 10.381.350.000 12.9%
2016 6.540.510.000 -58.72%
2017 6.919.090.000 5.47%
2018 9.675.220.000 28.49%
2019 14.544.300.000 33.48%
2020 9.759.650.000 -49.02%
2021 6.666.200.000 -46.4%
2022 8.797.600.000 24.23%
2023 23.047.600.000 61.83%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Welspun Corp Limited Gross Profit
Year Gross Profit Growth
2003 2.351.860.000
2004 2.140.010.000 -9.9%
2005 4.724.020.000 54.7%
2006 6.560.810.000 28%
2007 13.655.100.000 51.95%
2008 17.368.650.000 21.38%
2009 26.018.550.000 33.25%
2010 30.058.510.000 13.44%
2011 30.854.660.000 2.58%
2012 36.954.420.000 16.51%
2013 27.349.630.000 -35.12%
2014 26.140.050.000 -4.63%
2015 29.996.120.000 12.86%
2016 14.105.560.000 -112.65%
2017 17.354.300.000 18.72%
2018 22.096.840.000 21.46%
2019 30.027.990.000 26.41%
2020 17.281.310.000 -73.76%
2021 14.383.990.000 -20.14%
2022 25.041.200.000 42.56%
2023 53.893.600.000 53.54%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Welspun Corp Limited Net Profit
Year Net Profit Growth
2003 719.770.000
2004 338.300.000 -112.76%
2005 613.720.000 44.88%
2006 1.425.080.000 56.93%
2007 3.407.780.000 58.18%
2008 2.135.150.000 -59.6%
2009 6.104.180.000 65.02%
2010 6.232.970.000 2.07%
2011 2.229.150.000 -179.61%
2012 -703.230.000 416.99%
2013 733.900.000 195.82%
2014 690.410.000 -6.3%
2015 2.274.740.000 69.65%
2016 264.250.000 -760.83%
2017 1.583.030.000 83.31%
2018 -132.580.000 1294.02%
2019 6.354.730.000 102.09%
2020 6.188.190.000 -2.69%
2021 4.388.000.000 -41.03%
2022 2.066.900.000 -112.3%
2023 15.386.800.000 86.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Welspun Corp Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 7
2004 3 -133.33%
2005 5 40%
2006 11 50%
2007 21 50%
2008 12 -81.82%
2009 32 64.52%
2010 31 -3.33%
2011 11 -200%
2012 -3 433.33%
2013 3 250%
2014 3 0%
2015 6 60%
2016 1 -400%
2017 6 80%
2018 -1 0%
2019 24 100%
2020 29 17.24%
2021 17 -81.25%
2022 8 -128.57%
2023 59 87.93%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Welspun Corp Limited Free Cashflow
Year Free Cashflow Growth
2003 1.595.900.000
2004 -549.390.000 390.49%
2005 -5.192.110.000 89.42%
2006 -6.594.160.000 21.26%
2007 -9.746.040.000 32.34%
2008 2.188.740.000 545.28%
2009 37.630.000 -5716.48%
2010 -4.342.370.000 100.87%
2011 9.301.210.000 146.69%
2012 -5.798.030.000 260.42%
2013 218.420.000 2754.53%
2014 8.105.510.000 97.31%
2015 -3.016.770.000 368.68%
2016 -325.050.000 -828.09%
2017 9.269.330.000 103.51%
2018 5.484.460.000 -69.01%
2019 4.731.770.000 -15.91%
2020 4.144.010.000 -14.18%
2021 -7.606.170.000 154.48%
2022 -13.793.100.000 44.86%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Welspun Corp Limited Operating Cashflow
Year Operating Cashflow Growth
2003 1.703.950.000
2004 1.233.360.000 -38.16%
2005 132.440.000 -831.26%
2006 -296.380.000 144.69%
2007 2.483.100.000 111.94%
2008 13.194.810.000 81.18%
2009 3.820.950.000 -245.33%
2010 6.746.440.000 43.36%
2011 14.286.470.000 52.78%
2012 1.080.310.000 -1222.44%
2013 1.884.530.000 42.67%
2014 9.011.260.000 79.09%
2015 -1.548.680.000 681.87%
2016 169.060.000 1016.05%
2017 9.813.600.000 98.28%
2018 6.087.210.000 -61.22%
2019 6.481.250.000 6.08%
2020 7.126.610.000 9.06%
2021 2.185.150.000 -226.14%
2022 -1.851.300.000 218.03%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Welspun Corp Limited Capital Expenditure
Year Capital Expenditure Growth
2003 108.050.000
2004 1.782.750.000 93.94%
2005 5.324.550.000 66.52%
2006 6.297.780.000 15.45%
2007 12.229.140.000 48.5%
2008 11.006.070.000 -11.11%
2009 3.783.320.000 -190.91%
2010 11.088.810.000 65.88%
2011 4.985.260.000 -122.43%
2012 6.878.340.000 27.52%
2013 1.666.110.000 -312.84%
2014 905.750.000 -83.95%
2015 1.468.090.000 38.3%
2016 494.110.000 -197.12%
2017 544.270.000 9.22%
2018 602.750.000 9.7%
2019 1.749.480.000 65.55%
2020 2.982.600.000 41.34%
2021 9.791.320.000 69.54%
2022 11.941.800.000 18.01%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Welspun Corp Limited Equity
Year Equity Growth
2003 2.157.320.000
2004 2.928.490.000 26.33%
2005 5.016.290.000 41.62%
2006 6.534.760.000 23.24%
2007 15.672.120.000 58.3%
2008 15.596.890.000 -0.48%
2009 29.011.110.000 46.24%
2010 34.695.290.000 16.38%
2011 49.139.420.000 29.39%
2012 56.577.650.000 13.15%
2013 29.568.780.000 -91.34%
2014 27.988.180.000 -5.65%
2015 30.645.130.000 8.67%
2016 28.094.370.000 -9.08%
2017 28.540.310.000 1.56%
2018 27.925.770.000 -2.2%
2019 32.293.580.000 13.53%
2020 38.186.930.000 15.43%
2021 45.275.390.000 15.66%
2022 48.441.400.000 6.54%
2023 51.442.400.000 5.83%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Welspun Corp Limited Assets
Year Assets Growth
2003 5.860.050.000
2004 15.098.310.000 61.19%
2005 23.136.920.000 34.74%
2006 33.102.790.000 30.11%
2007 59.745.390.000 44.59%
2008 84.178.450.000 29.03%
2009 91.495.290.000 8%
2010 110.489.510.000 17.19%
2011 158.228.220.000 30.17%
2012 168.913.590.000 6.33%
2013 88.296.800.000 -91.3%
2014 98.154.910.000 10.04%
2015 98.308.830.000 0.16%
2016 82.469.330.000 -19.21%
2017 76.933.170.000 -7.2%
2018 82.000.330.000 6.18%
2019 79.431.670.000 -3.23%
2020 65.245.900.000 -21.74%
2021 91.688.650.000 28.84%
2022 153.393.600.000 40.23%
2023 121.742.000.000 -26%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Welspun Corp Limited Liabilities
Year Liabilities Growth
2003 3.702.730.000
2004 12.169.820.000 69.57%
2005 18.120.630.000 32.84%
2006 26.498.600.000 31.62%
2007 44.073.220.000 39.88%
2008 68.581.160.000 35.74%
2009 62.484.120.000 -9.76%
2010 73.770.660.000 15.3%
2011 105.656.070.000 30.18%
2012 108.789.910.000 2.88%
2013 57.716.240.000 -88.49%
2014 66.604.080.000 13.34%
2015 64.034.440.000 -4.01%
2016 53.239.570.000 -20.28%
2017 47.826.740.000 -11.32%
2018 54.074.560.000 11.55%
2019 47.138.090.000 -14.72%
2020 27.058.970.000 -74.21%
2021 46.413.260.000 41.7%
2022 104.952.200.000 55.78%
2023 70.299.600.000 -49.29%

Welspun Corp Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
558.36
Net Income per Share
30.95
Price to Earning Ratio
17.14x
Price To Sales Ratio
0.95x
POCF Ratio
2485.44
PFCF Ratio
2487.01
Price to Book Ratio
2.75
EV to Sales
1.03
EV Over EBITDA
8.89
EV to Operating CashFlow
2704.18
EV to FreeCashFlow
2704.18
Earnings Yield
0.06
FreeCashFlow Yield
0
Market Cap
138,78 Bil.
Enterprise Value
150,89 Bil.
Graham Number
366.68
Graham NetNet
-109.66

Income Statement Metrics

Net Income per Share
30.95
Income Quality
0.02
ROE
0.17
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.77
EBT Per Ebit
0.83
Ebit per Revenue
0.1
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.31
Operating Profit Margin
0.1
Pretax Profit Margin
0.08
Net Profit Margin
0.06

Dividends

Dividend Yield
0.01
Dividend Yield %
0.94
Payout Ratio
0
Dividend Per Share
5

Operating Metrics

Operating Cashflow per Share
0.21
Free CashFlow per Share
0.21
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.15
Return on Tangible Assets
0.07
Days Sales Outstanding
21.15
Days Payables Outstanding
71.74
Days of Inventory on Hand
134.24
Receivables Turnover
17.26
Payables Turnover
5.09
Inventory Turnover
2.72
Capex per Share
0

Balance Sheet

Cash per Share
63,53
Book Value per Share
193,11
Tangible Book Value per Share
183.14
Shareholders Equity per Share
193.11
Interest Debt per Share
88.79
Debt to Equity
0.39
Debt to Assets
0.16
Net Debt to EBITDA
0.71
Current Ratio
1.33
Tangible Asset Value
47,89 Bil.
Net Current Asset Value
-3,99 Bil.
Invested Capital
0.39
Working Capital
16,38 Bil.
Intangibles to Total Assets
0.03
Average Receivables
4,23 Bil.
Average Payables
9,97 Bil.
Average Inventory
18664500000
Debt to Market Cap
0.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Welspun Corp Limited Dividends
Year Dividends Growth
2006 1
2007 1 100%
2008 2 0%
2009 2 0%
2010 2 50%
2011 2 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 100%
2019 1 0%
2020 11 100%
2021 5 -100%
2022 5 0%
2023 5 0%

Welspun Corp Limited Profile

About Welspun Corp Limited

Welspun Corp Limited, together with its subsidiaries, manufactures and sells steel pipes and coatings, plates, and coils in the United States, Saudi Arabia, and India. The company offers helically, longitudinally, and electric resistance welded pipes; pig iron and ductile iron pipes; billets and thermo mechanically treated rebars; stainless steel pipes, tubes, and bars, as well as double jointing, pipe bending, ID machining, and dump site and inventory management services. Its products are used in onshore and offshore oil, gas, and water transmission; downstream oil and gas distribution; anti-corrosion; infrastructure and housing construction; potable water distribution; petrochemicals, nuclear power, fertilizers, energy and power, defense, railways, and aerospace; and forging and engineering industries. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. Welspun Corp Limited was incorporated in 1995 and is based in Mumbai, India.

CEO
Mr. Vipul Shiv Sahai Mathur
Employee
4.786
Address
Welspun House
Mumbai, 400013

Welspun Corp Limited Executives & BODs

Welspun Corp Limited Executives & BODs
# Name Age
1 Mr. Percy Kershasp Birdy
Chief Financial Officer & President
70
2 Mr. Tribhuwan Singh Kathayat
President & Global Operation Head - Pipe Business
70
3 Mr. Manish Pathak
President
70
4 Mr. Atul Trivedi
President
70
5 Mr. Rupak Ranjan Ghosh
Senior Vice President of Finance & MIS & President
70
6 Mr. Priyaranjan Kumar
Chief Human Resources Officer & President
70
7 Mr. Vipul Shiv Sahai Mathur
MD, Chief Executive Officer & Executive Director
70
8 Mr. Chintan Thaker
Head of Corporate Affairs & Strategic Planning Cell and President
70
9 Mr. Pradeep Joshi
Compliance Officer & Company Secretary
70
10 Mr. Godfrey John
Chief Executive Officer of Pipe Vertical
70

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