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

WELCORP's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 1.312000
forwardPE 13.458478
debtToEquity 18.258000
earningsGrowth 0.525000
revenueGrowth 0.325000
grossMargins 0.375690
operatingMargins 0.115900
trailingEps 82.050000
forwardEps 49.000000

WELCORP's current ratio, being 1.312, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, WELCORP is well-equipped to meet its immediate financial obligations without any difficulties.
WELCORP's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
WELCORP's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making WELCORP a financially resilient company with lower exposure to debt-related pressures.
WELCORP's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
WELCORP's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

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.

Recommendation changes over time:

Recommendations trend for WELCORP
Recommendations trend for WELCORP


Analysts are favoring Welspun Corp Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Welspun Corp Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.