Company Welspun Corp Limited

Equities

WELCORP

INE191B01025

Iron & Steel

Market Closed - Bombay S.E. 06:00:49 2024-05-28 am EDT 5-day change 1st Jan Change
600.4 INR -1.11% Intraday chart for Welspun Corp Limited -1.66% +9.77%

Business Summary

Welspun Corp Limited is an India-based company, which is engaged in the line pipes and home solutions, along with other lines of businesses in infrastructure, pipe solutions, building materials, warehousing, retail, advanced textiles and flooring solutions. The Company is engaged in the manufacturing of large diameter pipes globally and has established a global footprint across six continents and fifty countries by delivering key customized solutions for both onshore and offshore applications. It offers end-to-end products, comprehensive pipe solutions and ancillary services. It also manufactures Bureau of Indian Standards (BIS) -certified steel billets, thermo-mechanically treated (TMT) rebars, ductile iron (DI) pipes, stainless steel pipes, and tubes & bars. The Company has manufacturing facilities in Anjar (Gujarat), Bhopal (Madhya Pradesh), Mandya (Karnataka) and Jhagadia (Gujarat) in India. Overseas, the Company has a manufacturing presence in Little Rock, Arkansas, United States.

Number of employees: 4,786

Sales per Business

INR in Million2022Weight2023Weight Delta
Steel Products
99.9 %
- - 97,479 99.9 % -
Other
0.1 %
1,759 2.7 % 102 0.1 % -94.22%

Sales per region

INR in Million2022Weight2023Weight Delta
India
54.4 %
38,388 59.0 % 53,037 54.4 % +38.16%
International
45.6 %
26,663 41.0 % 44,544 45.6 % +67.06%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 16-12-31
President 56 08-01-31
President 56 -
Director of Finance/CFO 56 18-06-10
President 53 96-06-19
Chairman 57 95-04-25
Chief Operating Officer 60 -
Corporate Officer/Principal - 23-07-02
Corporate Officer/Principal - 12-06-10
Human Resources Officer - 23-01-04

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 95-04-25
Director/Board Member 56 23-02-01
Chairman 57 95-04-25
Chief Executive Officer 54 16-12-31
- -
Director/Board Member 58 23-08-03
Director/Board Member 68 19-08-06
Director/Board Member 66 23-03-31
Director/Board Member 31 23-08-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 261,666,895 125,313,034 ( 47.89 %) 86,717 ( 0.0331 %) 47.89 %

Shareholders

NameEquities%Valuation
117,513,807 44.91 % 795 M ₹
Life Insurance Corporation of India (Investment Portfolio)
5.200 %
13,606,752 5.200 % 92 M ₹
13,384,759 5.115 % 91 M ₹
Aryabhat Vyapar Pvt Ltd.
2.643 %
6,915,000 2.643 % 47 M ₹
6,758,000 2.583 % 46 M ₹
DSP Asset Managers Pvt. Ltd.
2.542 %
6,652,219 2.542 % 45 M ₹
6,000,000 2.293 % 41 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management)
1.897 %
4,964,184 1.897 % 34 M ₹
Motilal Oswal Asset Management Co. Ltd.
1.341 %
3,508,263 1.341 % 24 M ₹
360 ONE Asset Management Ltd.
0.6915 %
1,809,506 0.6915 % 12 M ₹

Holdings

NameEquities%Valuation
11,025,000 35.00% 422,704,343 $
265,190,034 50.03% 126,148,247 $

Company contact information

Welspun Corp. Ltd.

Welspun House Kamala Mills Compound, 5th Floor

400013, Mumbai

+91 22 6613 6000

http://www.welspuncorp.com
address Welspun Corp Limited(WELCORP)

Group companies

NameCategory and Sector
Steel
Steel
Industrial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
600.4 INR
Average target price
640.2 INR
Spread / Average Target
+6.63%
Consensus

Quarterly revenue - Rate of surprise

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