Welspun Corp Ltd.

NSE: WELCORP BSE: 532144 SECTOR: Steel & Iron Products  61k   431   63

274.00
-1.85 (-0.67%)
NSE: 07 Oct 03:58 PM

Price Summary

Today's High

₹ 277.3

Today's Low

₹ 270.55

52 Week High

₹ 298.5

52 Week Low

₹ 123.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

7165.49 Cr.

Enterprise Value

8101.63 Cr.

No. of Shares

26.15 Cr.

P/E

13.41

P/B

2.29

Face Value

₹ 5

Div. Yield

1.83 %

Book Value (TTM)

₹  119.5

CASH

375.31 Cr.

DEBT

1311.45 Cr.

Promoter Holding

50.01 %

EPS (TTM)

₹  20.43

Sales Growth

0.05%

ROE

16.93 %

ROCE

17.67%

Profit Growth

-52.62 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year0.05%
3 Year-2.51%
5 Year4%

Profit Growth

1 Year-52.29%
3 Year55.39%
5 Year22.71%

ROE%

1 Year16.93%
3 Year27.35%
5 Year14.64%

ROCE %

1 Year17.67%
3 Year29.38%
5 Year17.64%

Debt/Equity

0.4308

Price to Cash Flow

37.07

Interest Cover Ratio

8.73770129295767

CFO/PAT (5 Yr. Avg.)

1.00270579792777

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 50.01 0
Mar 2022 50.01 0
Dec 2021 50.01 0
Sep 2021 50.01 0
Jun 2021 50.01 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 55.3920457370653% for the Past 3 years.
  • Company has been maintaining healthy ROE of 27.3490274539722% over the past 3 years.
  • Company has been maintaining healthy ROCE of 29.3839262782673% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 8.73770129295767.
  • The company has an efficient Cash Conversion Cycle of 60.2121333967541 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.00270579792777.
  • The company has a high promoter holding of 50.01%.

 Limitations

  • The company has shown a poor revenue growth of -2.50867817822082% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 917.92 928.45 1212.29 1831.59 1384.94
Total Expenditure 829.14 872.99 1105.8 1749.75 1314.42
Operating Profit 88.78 55.46 106.49 81.84 70.52
Other Income 33.73 53.17 58.29 334.66 78.29
Interest 15.15 15.77 20.18 21.48 25.94
Depreciation 28.75 25.21 25.9 29.32 26.53
Exceptional Items 0 0 0 0 0
Profit Before Tax 78.61 67.65 118.7 365.7 96.34
Tax 19.88 17.59 30.2 50.51 15.84
Profit After Tax 58.73 50.06 88.5 315.19 80.5
Adjusted EPS (Rs) 2.25 1.92 3.39 12.08 3.09

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 5247.55 5706.68 4799.7 5285.41 5287.87
Total Expenditure 4932.59 5994.61 4569.46 4681.48 4993.51
Operating Profit 314.97 -287.94 230.24 603.93 294.37
Other Income 127.85 125.57 401.84 874.09 492.65
Interest 130.58 117.97 111.37 57.94 76.88
Depreciation 116.38 112.95 123.4 109.68 115.28
Exceptional Items 0 0 0 0 0
Profit Before Tax 195.85 -393.29 397.31 1310.4 594.86
Tax 70.03 -116.09 129.17 285.26 109.14
Net Profit 125.82 -277.21 268.14 1018.04 485.72
Adjusted EPS (Rs.) 4.74 -10.45 10.28 39.29 18.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 132.61 132.61 130.44 130.44 130.48
Total Reserves 1783.1 1504.4 1429.97 2576.14 2923.93
Borrowings 604.85 537.1 510.64 434.35 790.3
Other N/C liabilities 622.86 283.28 295.18 556.78 153.83
Current liabilities 2452.66 1943.16 2571.4 1622.22 2552.08
Total Liabilities 5596.08 4400.54 4937.64 5319.92 6550.61
Assets
Net Block 2197.03 767.99 809.51 1078.95 991.59
Capital WIP 12.15 39.93 66.57 10.34 4.24
Intangible WIP 2.13 0.5 0.81 0 0.9
Investments 239.88 284.28 104.18 598.25 1364.49
Loans & Advances 160.14 97.15 50.59 34.79 191.39
Other N/C Assets 4.51 5.66 6.86 12.05 13.73
Current Assets 2980.23 3205.04 3899.13 3585.54 3984.27
Total Assets 5596.08 4400.54 4937.64 5319.92 6550.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 195.85 -393.29 397.31 1299.98 594.86
Adjustment 244.89 887.52 -64.34 -664.59 -262.04
Changes in Assets & Liabilities 308.1 -238.27 -248.8 -108.49 -22.16
Tax Paid 42.66 -3.18 -68.01 -148.6 -117.38
Operating Cash Flow 791.5 252.78 16.16 378.29 193.29
Investing Cash Flow 188.23 -235.92 359.19 -197.96 -162.55
Financing Cash Flow -902.1 -39.45 -374.15 -197.42 234.54
Net Cash Flow 77.62 -22.58 1.2 -17.08 265.28

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 50.01 50.01 50.01 50.01 50.01
balkrishan goenka,... 41.64 - - - -
welspun pipes limi... - 41.64 41.64 41.64 41.64
aryabhat vyapar pr... - - - - -
mgn agro propertie... 2.61 2.26 2.26 2.26 2.26
welspun investment... 2.46 1.97 1.97 1.97 2.46
intech metals s.a. 2.27 2.38 - 2.38 2.38
intech metals s. a. - - 2.38 - -
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 49.99 49.99 49.99 49.99 49.99
insight solutions ... - 8.68 - - -
insight solutions ... - - 8.68 8.68 -
life insurance cor... 3.43 7.27 7.27 7.27 7.27
granele limited 7.21 7.21 7.21 7.21 7.21
akash bhansali 3.01 2.92 - 2.97 3.00
reliance capital t... 3.02 - - - -
akash bhanshali - - - - -
akash manek bhansh... - - 2.97 - -
alpana s. dangi 1.68 2.05 - 2.02 2.02
mentor capital lim... 1.97 1.73 - - -
alpana s dangi - - 2.02 - -
icici bank limited - - - - -
aditya birla sun l... 1.06 - - - -
iepf 0.06 - - 0.05 0.05

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Welspun Corp informs about memorandum of agreement3 Oct 2022, 11:24AM Welspun Corp inks agreement for sale of land in Gujarat3 Oct 2022, 9:26AM Welspun Corp informs about investors meeting 1 Oct 2022, 11:27AM Welspun Corp acquires entire share capital of Nauyaan Shipyard20 Sep 2022, 9:47AM Welspun Corp secures order for Carbon Capture Pipeline project in United States19 Sep 2022, 9:38AM Welspun Corp informs about loss of share certificate.7 Sep 2022, 12:02PM Welspun Corp informs about loss of shares certificate19 Aug 2022, 4:53PM Welspun Corp informs about allotment of equity shares18 Aug 2022, 4:59PM Welspun Corp informs about conference call transcript10 Aug 2022, 4:43PM Welspun Corp - Quaterly Results4 Aug 2022, 3:52PM Welspun Corp - Quaterly Results4 Aug 2022, 3:52PM Welspun Corp - Quaterly Results4 Aug 2022, 3:52PM Welspun Corp starts blast furnace and sinter plant in Gujarat22 Jul 2022, 12:29PM Welspun Corp’s associate company bags contract for manufacture and supply of steel pipes 14 Jul 2022, 11:28AM Welspun Corp informs about disclosure28 Jun 2022, 5:10PM Welspun Corp informs about change in directorate28 Jun 2022, 2:06PM Welspun Corp bags another order for pipeline project in Australia25 Jun 2022, 10:36AM Welspun Corp signs MoU with Tata Steel 9 Jun 2022, 2:13PM Welspun Corp’s associate company signs contract with SWCC for water transmission project2 Jun 2022, 11:39AM Welspun Corp gets nod for investment in Welspun Transformation Services30 May 2022, 2:24PM Welspun Corp informs about newspaper publication30 May 2022, 2:20PM Welspun Corp informs about annual secretarial compliance report30 May 2022, 2:19PM Welspun Corp reports 29% fall in Q4 consolidated net profit28 May 2022, 10:54AM Welspun Corp - Quaterly Results27 May 2022, 4:40PM Welspun Corp - Quaterly Results27 May 2022, 4:40PM Welspun Corp - Quaterly Results27 May 2022, 4:40PM Welspun Corp secures single largest order worth over Rs 5000 crore in United States20 May 2022, 12:17PM Welspun Corp informs about disclosure5 May 2022, 4:38PM Welspun Corp bags Rs 706 crore order from Indian Oil Corporation2 May 2022, 4:11PM Welspun Corp informs about award of order 2 May 2022, 3:21PM Welspun Corp gets export order from South East Asia 25 Apr 2022, 11:51AM Welspun Corp acquires entire share capital of Big Shot19 Apr 2022, 12:27PM Welspun Corp informs about award of order receipt18 Apr 2022, 9:31AM Welspun Corp secures 26 KMT line pipe order18 Apr 2022, 9:15AM Welspun Corp acquires additional NCDs of Sintex BAPL12 Apr 2022, 10:30AM Welspun Corp informs about disclosure1 Apr 2022, 9:45AM Welspun Corp’s arm wins order from SWCC29 Mar 2022, 4:16PM Welspun Corp - Quaterly Results10 Feb 2022, 4:02PM Welspun Corp - Quaterly Results10 Feb 2022, 4:02PM Welspun Corp - Quaterly Results10 Feb 2022, 4:02PM Welspun Corp informs about disclosure24 Jan 2022, 2:39PM Welspun Corp ranked 14 in S&P Global’s DJSI Corporate Sustainability Assessment 21 Dec 2021, 11:44AM Welspun Corp acquires entire stake in Mahatva 27 Nov 2021, 8:31AM Welspun Corp informs about proceedings of EGM24 Nov 2021, 3:39PM Welspun Corp signs MoU with BP India 22 Oct 2021, 11:10AM Welspun Corp joins global H2Pipe Joint Industry Project on hydrogen pipeline11 Oct 2021, 4:19PM Welspun Corp informs about updates25 Sep 2021, 11:31AM Welspun Corp informs about updates20 Sep 2021, 11:37AM Welspun Corp bags multiple orders of Rs 1,400 crore 20 Sep 2021, 10:03AM Welspun Corp informs about analyst meet 4 Aug 2021, 11:19AM

Welspun Corp Stock Price Analysis and Quick Research Report. Is Welspun Corp an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Welspun Corp has a PE ratio of 13.4122403825915 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Welspun Corp has ROA of 8.18367633534231 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Welspun Corp has a Current ratio of 1.56118220339315 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Welspun Corp has a ROE of 16.9251754157178 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Welspun Corp has a D/E ratio of 0.4308 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Welspun Corp has an Inventory turnover ratio of 7.87767412342383 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Welspun Corp has reported revenue growth of 0.0465242647028186 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Welspun Corp for the current financial year is 5.56683188117417 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Welspun Corp is Rs 5 and the yield is 1.8315 %.

Brief about Welspun Corp

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