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Welspun Corp is engaged in the business of Production and Coating of High Grade Submerged Arc Welded Pipes, Hot Rolled Steel Plates and Coils. Below is the details of WELCORP Welspun Corp Ltd Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31. Standalone Figures in The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement. Standalone Figures in A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios. Standalone Figures in Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Standalone Figures in Welspun Corp Ltd
Stock/Share Code - WELCORP
Market Cap ₹2,806 Cr. Current Price ₹199.25 as on 23 Mar 23 52 Week High / Low Price ₹233.95 / ₹55 Face Value ₹5 Stock P/E 4.20 Book Value ₹59.81 Dividend Yield 9.76 % ROCE 23.28 % ROE 17.97 % Sales Growth (3yrs) -0.71 % Sector Steel Industry Steel - Medium / Small Listed on BSE AND NSE Company Website Company Website Welspun Corp Ltd Price Chart
Welspun Corp Ltd Peer Comparison in Steel
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE % 1. 18.69 ₹5,504.09 Cr. 1.02 ₹49.71 Cr. -20.74 -1.63 578.07 24.08 2. Mishra Dhatu Nig 24.71 ₹3,906.98 Cr. 0.48 Cr. 3. Welspun Corp 4.20 ₹2,805.81 Cr. 9.76 ₹553.11 Cr. 259.65 93.02 1039.09 23.28 4. 36.50 ₹1,734.62 Cr. 0.00 ₹8.96 Cr. 142.82 230.61 170.99 27.05 5. Mah. Seamless 6.58 ₹1,537.64 Cr. 1.09 ₹19.17 Cr. -75.21 -34.07 458.98 11.12 6. Godawari Power 6.45 ₹1,063.43 Cr. 0.00 ₹46.49 Cr. -14.52 -14.74 711.25 16.39 7. Kalyani Steels 8.54 ₹933.45 Cr. 2.34 ₹8.77 Cr. -76.04 -64.71 121.19 18.55 8. Sarda Energy 7.53 ₹903.21 Cr. 2.00 ₹35.47 Cr. -15.67 -37.43 347.40 7.83
Talk to our investment specialistWelspun Corp Ltd Fundamentals
Quarterly Results
Rs. Crores
Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sales - 1,301 1,425 809 985 1,089 856 1,207 538 831 1,453 1,431 1,039 YOY Sales Growth % 127% 53% -52% -24% -16% -40% 49% -45% -24% 70% 19% 93% Expenses - 1,263 1,338 758 948 1,077 829 1,454 596 814 1,293 1,303 942 Material Cost % 81% 79% 72% 75% 76% 74% 83% 71% 68% 71% 64% 67% Employee Cost % 4% 4% 4% 4% 4% 5% 5% 8% 6% 3% 4% 4% Operating Profit 38 87 51 37 12 27 -248 -58 17 160 128 97 OPM % 3% 6% 6% 4% 1% 3% -21% -11% 2% 11% 9% 9% Other Income 38 17 37 51 40 37 19 294 39 19 50 635 Interest 44 27 26 25 31 31 31 29 28 28 27 23 Depreciation 62 59 27 30 29 29 25 28 34 32 30 24 Profit before tax -30 18 36 33 -8 5 -285 179 -5 120 120 685 Tax % 39% 41% 40% 35% -39% 253% 1% 14% -54% 42% 55% 19% Net Profit -19 10 22 21 -11 -7 -281 154 -8 69 54 553 EPS in Rs -0.70 0.39 0.82 0.80 -0.39 -0.27 -9.69 5.80 -0.32 3.05 2.06 21.20 Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Profit & Loss
Rs. Crores
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM Sales - 5,748 6,596 6,270 5,770 6,632 4,868 4,949 3,772 4,346 4,020 4,136 4,253 4,754 Sales Growth % 48.98% 14.77% -4.94% -7.98% 14.95% -26.61% 1.67% -23.77% 15.20% -7.51% 2.91% 2.83% Expenses - 5,281 5,514 5,504 5,481 6,257 4,620 4,666 3,610 3,844 3,696 4,056 3,977 4,352 Material Cost % 73% 68% 71% 74% 74% 74% 82% 75% 73% 76% 78% 68% Manufacturing Cost % 14% 9% 8% 12% 13% 8% 6% 9% 10% 8% 10% 14% Employee Cost % 2% 2% 3% 3% 3% 3% 4% 5% 4% 4% 5% 5% Other Cost % 2% 4% 6% 5% 4% 10% 4% 7% 2% 3% 6% 6% Operating Profit 467 1,082 766 289 375 247 283 163 502 324 81 277 402 OPM % 8% 16% 12% 5% 6% 5% 6% 4% 12% 8% 2% 6% 8% Other Income 264 87 94 219 224 175 147 108 213 128 -105 372 743 Interest 252 213 168 247 299 224 213 201 207 131 118 111 106 Depreciation 125 148 166 184 229 226 243 248 244 116 113 123 119 Profit before tax 354 809 526 76 72 -28 -26 -179 264 205 -255 414 920 Tax % 34% 33% 31% 15% 26% 36% 38% 31% 34% 39% -9% 35% Net Profit 234 540 364 65 53 -18 -16 -123 175 126 -277 268 667 EPS in Rs 12.26 26.11 17.48 2.77 1.93 0.00 0.00 0.00 6.58 4.74 0.00 10.28 25.99 Dividend Payout % 12% 8% 11% 18% 25% -75% -84% -11% 8% 11% -5% 102% Compounded Sales Growth
Compounded Profit Growth
Return on Equity
Balance Sheet
Rs. Crores
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Share Capital - 93 102 102 114 131 131 132 133 133 133 133 130 Equity Capital 93 102 102 114 131 131 132 133 133 133 133 130 Reserves 1,487 2,637 2,950 3,449 4,272 1,822 1,738 1,497 1,677 1,783 1,504 1,430 Borrowings 2,174 1,979 2,662 3,006 2,998 2,638 2,139 1,872 1,477 697 749 822 Other Liabilities - 4,070 2,077 2,570 4,463 3,000 1,407 2,983 2,414 3,006 2,893 2,012 2,487 Trade Payables 609 813 1,435 398 196 115 123 141 208 341 146 312 Advance from Customers 0 0 0 0 0 0 0 178 0 0 0 0 Other liability items 3,461 1,263 1,135 4,066 2,805 1,293 2,861 2,095 2,798 2,552 1,865 2,175 Total Liabilities 7,823 6,795 8,285 11,032 10,401 5,999 6,992 5,916 6,293 5,506 4,397 4,870 Fixed Assets - 2,291 2,463 2,505 3,053 2,984 2,984 2,808 2,596 2,370 2,198 773 817 Gross Block 2,653 2,969 3,174 3,906 4,075 4,294 4,380 2,843 2,860 2,922 1,216 1,371 Accumulated Depreciation 362 506 670 853 1,091 1,310 1,572 247 490 724 442 554 CWIP 380 401 495 198 178 94 23 25 32 14 40 67 Investments 172 280 1,770 3,404 3,650 1,481 1,030 953 738 567 616 506 Other Assets - 4,980 3,650 3,515 4,377 3,588 1,440 3,132 2,342 3,153 2,726 2,968 3,479 Inventories 2,324 1,304 1,316 1,650 1,474 529 827 792 1,327 1,020 301 1,387 Trade receivables 584 804 884 1,093 977 389 1,741 982 1,323 1,103 723 572 Cash Equivalents 919 921 616 641 427 50 198 146 115 196 172 163 Loans n Advances 1,157 630 390 503 466 441 400 655 473 422 1,767 1,376 Other asset items -4 -10 308 490 244 31 -34 -234 -85 -15 6 -19 Total Assets 7,823 6,795 8,285 11,032 10,401 5,999 6,992 5,916 6,293 5,506 4,397 4,870 Cash Flows
Rs. Crores
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Cash from Operating Activity - 1,262 -186 979 827 -80 415 256 336 266 792 253 16 Profit from operations 725 918 741 395 265 323 307 207 694 441 494 333 Receivables -4 -207 -60 -247 129 640 -1,290 951 -505 226 180 233 Inventory -1,036 1,019 -11 -334 176 945 -298 35 -535 307 285 -761 Payables 1,633 -1,732 442 1,038 -635 -1,479 1,541 -808 529 -108 -514 -421 Other WC items 0 0 0 0 0 0 0 -47 50 -116 -189 700 Working capital changes 593 -920 370 457 -331 106 -47 131 -461 308 -238 -249 Direct taxes -55 -184 -132 -25 -15 -14 -4 -2 33 43 -3 -68 Cash from Investing Activity - -553 15 -1,796 -2,054 178 -8 557 95 350 188 -236 359 Fixed assets purchased -300 -359 -397 -260 -131 -95 -30 -46 -90 -43 -30 -142 Fixed assets sold 1 0 1 3 1 2 1 3 1 4 1 1 Investments purchased 0 -2 -1,178 -653 0 -38 -1 -3 0 0 -26,721 -8,016 Investments sold 225 0 0 0 368 0 483 174 226 187 26,455 8,080 Interest received 80 43 56 54 217 106 100 88 74 56 72 57 Dividends received 7 9 10 40 25 23 3 2 0 0 0 275 Invest in subsidiaries -0 -105 -308 -959 -188 -1 0 0 0 0 0 0 Loans to subsidiaries -423 0 -94 -15 -50 0 0 -142 -10 -10 0 0 Investment in group cos 0 -0 0 0 0 0 0 -15 0 0 0 0 Other investing items -143 429 114 -265 -63 -5 0 34 148 -5 -14 104 Cash from Financing Activity - 90 172 512 1,251 -312 -772 -732 -488 -594 -902 -39 -374 Proceeds from shares 0 469 3 508 1 0 0 0 0 0 0 0 Proceeds from debentures 155 1,184 1,000 788 337 0 0 0 0 250 0 0 Redemption of debentures -155 -490 -130 0 -518 0 0 -49 -300 -704 0 0 Proceeds from borrowings 539 0 136 155 550 44 0 0 41 0 800 837 Repayment of borrowings -229 -785 -318 -2 -436 -584 -512 -233 -124 -330 -749 -798 Interest paid fin -188 -174 -131 -151 -232 -216 -204 -190 -195 -102 -74 -70 Dividends paid -33 -33 -48 -48 -13 -15 -15 -16 -16 -16 -16 -274 Financial liabilities 0 0 0 0 0 0 0 0 0 0 0 -10 Other financing items 0 0 0 0 0 0 0 0 0 0 0 -59 Net Cash Flow 799 2 -305 24 -214 -365 81 -56 22 78 -23 1
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Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 ROCE % 17% 24% 13% 5% 4% 3% 4% -1% 12% 11% 4% 23% Debtor Days 37 44 51 69 54 29 128 95 111 100 64 49 Inventory Turnover 2.40 2.56 3.48 3.00 3.27 3.66 6.08 3.57 3.06 2.67 4.98 3.52 Announcements & News
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