Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Welspun Corp Limited, together with its subsidiaries, manufactures, sells, and distributes steel pipes, tubes, bars, coils, and plates in India, the United States, Saudi Arabia, and internationally. It operates through Steel Products; and Others (Including Plastic Products) segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, electrical resistance welded, and high-frequency induction welding pipes; ductile iron pipes; concrete weight and anti-corrosion coatings; ductile iron pipes; stainless steel and alloy products; thermo-mechanically treated rebars and billets; pig iron; water storage tanks, interior liquid solutions, industrial containers, SMC panel tanks, packaged STP, and electrical boxes; and uPVC doors and interiors. It also provides double jointing, pipe bending, ID machining, dump site, and inventory management services; and water management solutions. In addition, the company offers plastic products; polymers and its products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; ship building and marine fabrication services; custom moulded products; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. Its products are used in onshore and offshore oil, gas, and water transmission; oil and gas distribution; infrastructure and housing construction; potable water distribution; water storage; refinery, petrochemical, nuclear power, fertilizer, energy and power, defense, automobile, 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 headquartered in Mumbai, India.

Revenue projections:

Revenue projections for WELCORP
Revenue projections for WELCORP

Investors are expected to be cautious with WELCORP, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 1.335000
forwardPE 14.328287
debtToEquity 14.279000
earningsGrowth 1.589000
revenueGrowth -0.120000
grossMargins 0.365390
operatingMargins 0.095080
trailingEps 72.480000
forwardEps 49.000000

A current ratio of 1.335 for WELCORP implies that the company has ample liquidity to meet its short-term debts. WELCORP's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
Welspun Corp Limited's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
WELCORP's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability.
Welspun Corp Limited's lower forward EPS compared to its trailing EPS indicates that the company may be less profitable in the upcoming year. This suggests a potential slowdown in earnings, which could be a sign of weaker financial performance ahead.

Price projections:

Price projections for WELCORP
Price projections for WELCORP

WELCORP's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in WELCORP's ability to achieve strong financial results.

WELCORP's price has risen above the higher end of expected projections, demonstrating impressive growth. Nevertheless, the lack of room for additional increases may indicate that the stock is entering a consolidation phase, which could limit short-term upside potential.

Insider Transactions:

Insider Transactions for WELCORP
Insider Transactions for WELCORP


WELCORP had 2 sell transactions, while the market price was at 531.7000122070312 per share.Throughout the period under consideration, there were no sell transactions.WELCORP is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.

Recommendation changes over time:

Recommendations trend for WELCORP
Recommendations trend for WELCORP


Analysts' buy bias for WELCORP signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to WELCORP, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.