Welspun Corp Limited Share Price and Company Fundamentals
Last traded: Yesterday at 10:00 AM
Welspun Corp Limited, together with its subsidiaries, manufactures and sells steel pipes, plates, and coils in the United States, Saudi Arabia, and India. The company offers helically submerged arc welded line pipes, longitudinally welded pipes, electric resistance/high frequency induction welded pipes, and pig iron and ductile iron pipes, as well as provides double jointing, pipe bending, ID machining, and dump site and inventory management services. Its products are used in onshore and offshore oil, gas, and water transmission; and downstream oil and gas distribution 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 based in Mumbai, India.
Key Metrics
PE ratio
12.70
PB ratio
1.25
Dividend yield
2.35%
Beta
0.92
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Steel / Basic Materials |
|---|---|
| Website | https://www.welspuncorp.com |
| Mailing address | Welspun House 5th Floor Kamala Mills Compound Senapati Bapat Marg, Lower Parel Mumbai 400013 India |
| Phone / Fax | 91 22 6613 6000 / 91 22 2490 8020 |
Dividends
Dividend yield
2.35%
Dividend amount
₹5.00
Payout ratio
29.82%
5Y Avg. yield
3.16%
Welspun Corp Limited paid ₹5.00 dividend and the ex-dividend date was 09 June 2022.The dividend payout ratio is 29.82%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.WELCORP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
WELCORP's forward dividend amount is ₹5 and the forward dividend yield is 2.33%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Welspun Corp Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Vipul Shiv Sahai Mathur | MD, CEO & Director | 51 | 55M |
| Mr. Manish Pathak | Pres | 53 | |
| Mr. Percy Kershasp Birdy | CFO & Director | 53 | |
| Mr. Godfrey John | Chief Exec. Officer of Pipe Vertical | 56 | |
| Mr. Tribhuwan Singh Kathayat | Pres & Chief of Corp. Quality & Technical Services | 50 | |
| Suresh Chander Darak | Pres of Indirect Taxation | 53 | |
| Mr. Navin Agarwal | Sr. VP | 49 | |
| Rupak Ranjan Ghosh | Sr. VP of Fin. & MIS | 52 | |
| Sanjay Batra | Sr. VP | 53 | |
| Atul Trivedi | Sr. VP | 47 |
Profitability and management effectiveness
Profit margin
6.93%
Operating margin
3.43%
Return on assets
1.73%
Return on equity
10.64%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Welspun Corp Limited is and its enterprise value is .
The WELCORP's stocks Beta value is 0.92 making it 8% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Welspun Corp Limited (NSE:WELCORP) Frequently Asked Questions
1. What is Welspun Corp Limited's Stock Symbol?
Welspun Corp Limited trades on NSE under the ticker symbol "WELCORP".
2. What is Welspun Corp Limited's stock price today?
One share of WELCORP stock can currently be purchased for approximately ₹208.35.
3. How can I contact Welspun Corp Limited?
Welspun Corp Limited's mailing address is Welspun House 5th Floor Kamala Mills Compound Senapati Bapat Marg, Lower Parel Mumbai 400013 India. The company can be reached via phone at 91 22 6613 6000.
4. What is Welspun Corp Limited's official website?
The official website of Welspun Corp Limited is https://www.welspuncorp.com.