Welspun Corp Limited
2,434.50
INR
-128.60
(-5.02%)
ISIN
INE191B01025
Return %
Stock
S&P 500
1Y
186.50
14.20
3Y
454.24
81.12
5Y
1,678.95
68.34
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Vipul Shiv Sahai Mathur
- Full Time Employees
- 4,174
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Welspun House Mumbai MA India 400013
- IPO Date
- Jan 28, 1997
- Website
- welspuncorp.com
- Similar Companies
- Business
- Welspun Corp Limited (WELCORP.NS) manufactures and supplies a comprehensive range of steel pipes and related products for oil, gas, water transmission, and infrastructure applications worldwide. The company produces welded line pipes including high-frequency welded (HFW), high-frequency induction welded (HFIW), helical submerged arc welded (HSAW), and longitudinal submerged arc welded (LSAW) variants ranging from 1.5 inches to 143 inches in diameter with capabilities up to API 5L X-80 grade; ductile iron (DI) pipes for potable water transmission produced at a 400,000 MT greenfield facility in Anjar, Gujarat; stainless steel pipes, tubes, and bars; and thermo-mechanically treated (TMT) rebars from 8mm to 32mm with a planned capacity of 350,000 MT per annum at Welspun City, Anjar. It also offers ancillary services such as specialized coatings (3-layer polyethylene, polypropylene, fusion bonded epoxy), double jointing, bending, plate and coil mills, yard management, logistics including rail, barge, and vessel loading, and pig iron production. Founded in 1995 as Welspun Gujarat Stahl Rohren Limited and headquartered in Mumbai, India, the company rebranded to Welspun Corp Limited in 2010 and operates manufacturing facilities in Anjar and Mandya (Gujarat), Bhopal (Madhya Pradesh), Little Rock (Arkansas, USA), and Dammam (Saudi Arabia), with a combined installed capacity exceeding 2.2 million MT annually across five plants. Welspun Corp maintains a diversified global presence across six continents and more than 50 countries, serving oil and gas majors, infrastructure projects, and water utilities with over 50 approvals from leading energy firms; it targets onshore/offshore pipelines, gas distribution, commercial buildings, and institutional sectors through B2B and emerging B2C channels. In recent developments, the company secured additional export orders worth approximately Rs 1,600 crore for its India line pipe facility from a Middle East client since June 2025, boosting its consolidated global order book to Rs 18,000 crore for execution in FY26 and FY27; it approved the acquisition of an additional 4.11% stake (27.2 million shares) in subsidiary Welspun Specialty Solutions on October 30, 2025, increasing its holding to 55.17%; sold its remaining 6.1% stake in Nauyaan Shipyard in August 2025; received new US orders worth Rs 2,400 crore in March 2025 and earlier Rs 3,000 crore in February 2025 for coated natural gas pipeline pipes; inked a pact with Saudi Aramco in January 2025 for a new manufacturing facility; commenced a USD 100 million expansion at its Little Rock facility in early 2025; and earlier acquired Sintex water tanks and plastics business in 2023 along with ABG Shipyard assets to expand its building materials portfolio.