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Welspun Corp (WELCORP) Fair Value & Analysis

Basic Materials · IN · Market cap ₹395B

WC Welspun Corp WELCORP · NSE
Price₹1,439
Fair Value₹966.63
Upside-32.8%
Quality65/100
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Evidence: High Range ₹512.52 – ₹1,292

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +2.2% over the past month.

Price vs Fair Value (12 months)

₹1,522 ₹719.46 Fair Value ₹966.63 Jul 2025 Jul 2026

12‑month range ₹719.46 – ₹1,522 · fair‑value band ₹512.52 – ₹1,292 · the ₹1,439 price screens above the ₹966.63 fair value. As of Jul 3, 2026.

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Analysis

Welspun Corp (WELCORP) currently trades at ₹1,439, while our model-based Fair Value estimate is ₹966.63 — implying the stock looks roughly 32.8% overvalued today. We read business quality at 65/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Welspun Corp generated revenue of ₹168B at a net margin of 9.6%. Revenue grew 9.9% year over year. It earns a return on equity of 18.9%. Net debt stands at ₹8.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹168B
Revenue growth (YoY) +9.9%
Net margin 9.6%
Return on equity 18.9%
Free cash flow ₹5.7B FY2026
P/E ratio 24.5
More key figures
Operating margin 11.6%
EPS (TTM) ₹61.17
Dividend yield 0.3%
EPS growth (YoY) -47.0%
Net debt ₹8.2B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally. It operates through Steel Products and Others segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, high frequency welding, bends, and anti-corrosion and concrete weight coating; ductile iron pipes; thermo-mechanically treated bars; pig iron products; stainless steel and alloy products; water tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC interiors. It also provides plastic products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; custom moulded products; polymers and its products; PVC/CPVC pipes and fittings for water supply; water pipes; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Welspun Corp reported revenue of ₹168B in FY2026 versus ₹63.3B in FY2022, a compound +27.6%/yr. Reported net income was ₹16.1B in FY2026, compounding +38.5%/yr from FY2022.

Revenue +27.6%/yr
FY22 ₹63.3B
FY23 ₹94.9B
FY24 ₹169B
FY25 ₹133B
FY26 ₹168B
Net income +38.5%/yr
FY22 ₹4.4B
FY23 ₹2.1B
FY24 ₹11.1B
FY25 ₹19.1B
FY26 ₹16.1B

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $22.20 $11.06 -50%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$172.80 R$119.18 -31%
JSW Steel Limited JSWSTEEL ₹1,242 ₹1,140 -8%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is Welspun Corp (WELCORP) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹966.63 versus a price of ₹1,439 — about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of WELCORP?
Our model-based fair value for Welspun Corp is ₹966.63 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,439.
What is the quality score of WELCORP?
Welspun Corp has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Welspun Corp (WELCORP)?
Welspun Corp reported trailing-twelve-month revenue of about ₹168B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of WELCORP?
The net profit margin of Welspun Corp is about 9.6%, meaning it keeps roughly 9.6% of revenue as net income. Based on the latest reported figures.
Does Welspun Corp pay a dividend?
Welspun Corp currently shows a dividend yield of about 0.34% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.