profit from every ₹100 of sales.
₹0₹100
Welspun
₹2,237.00+3.76% today
+185.4% in 1 year
1-year low ₹721.851-year high ₹2,842.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹36.57 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Welspun sold, what it kept, and what it did with the cash.
Sales went from ₹94.9 billion in 2023 to ₹168 billion in 2026, with ₹16.1 billion of profit last year.
SalesProfit
Welspun handed back 20% of the cash it generated last year.
₹1.3B
Free cash flow 2026₹6.7B
Bought back its own shares–
Paid as dividends₹1.3B
Cash vs. debt₹15.1B vs. ₹23.6B
Welspun vs. similar companies
Welspun grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Welspun | 36.6× · Expensive | ||
 Nucor | 32.5× · Expensive | ||
 ArcelorMittal | 15.0× · Cheap | ||
 JSW Steel | 14.8× · Cheap | ||
 Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads Welspun's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 94,871 | 168,956 | 139,775 | 167,701 | |
| 20,681 | 43,272 | 51,073 | 65,119 | |
| 2,245 | 12,826 | 13,171 | 18,811 | |
| 8,625 | 20,570 | 29,326 | 27,132 | |
| 2,067 | 11,104 | 19,081 | 16,131 | |
| 7.89 | 42.32 | 72.44 | 61.20 | |
| 21.8% | 25.6% | 36.5% | 38.8% | |
| 2.4% | 7.6% | 9.4% | 11.2% | |
| 2.2% | 6.6% | 13.7% | 9.6% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 153,394 | 118,502 | 152,369 | 204,340 |
| Cash | 10,163 | 8,187 | 11,471 | 15,126 |
| Total debt | 33,451 | 19,299 | 10,826 | 23,555 |
| Total liabilities | 104,952 | 61,158 | 75,082 | 110,281 |
| 47,321 | 56,163 | 74,627 | 91,556 | |
| 262 | 262 | 263 | 264 | |
| 5.2% | 17.0% | 22.7% | 15.4% | |
| 4.4% | 19.8% | 25.6% | 17.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -1,851 | 13,060 | 15,037 | 32,043 | |
| 11,942 | 2,990 | 8,527 | 25,322 | |
| -13,793 | 10,070 | 6,510 | 6,721 | |
| Dividends paid | 1,302 | 1,307 | 1,309 | 1,319 |
| – | – | – | – | |
| 56 | 106 | 107 | 42 |
Valuation
- 36.6×
- –
- 0.37
- 4.0×
- 3.5×
- 87.8×
- 22.1×
- 1.1%
- 2.7%
- 0.2%
Profitability
- 38.8%
- 11.2%
- 9.6%
- –
- 15.4%
- 15.1%
- –
- –
- –
- –
Growth
- +20.9%
- +98.0%
- –
- –
- +0.2%
Financial health
- 0.3×
- 0.26
- –
- 11.1×
- 1.33
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 15%of 990
Top 47%of 950
Bottom 25%of 766
Top 17%of 929
Bottom 41%of 987
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
8.2% of its profit
Room to growStretchedMore than it earns: 19.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
40No pass
Philip Fisher
63Pass
Peter Lynch
95Pass
Joel Greenblatt
22No pass
Charlie Munger
45No pass
Terry Smith
36No pass
Questions about Welspun
Is Welspun a good stock to buy?
A solid business, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Welspun AI analysis
What does Welspun do?
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. It is in Steel, based in Mumbai, India.
Does Welspun pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 8% of its yearly profit. In 2026 it paid out ₹1.32 billion in dividends.
Is Welspun stock halal?
Yes. Welspun passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has Welspun stock done over the past year?
Up 185.4% over the past twelve months, to ₹2,237.00. It traded between ₹721.85 and ₹2,842.00 and is 21.3% below its high.
Who are Welspun's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Welspun's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.