Welspun Corp Ltd shares rose by up to 6 percent in today’s trading after the company secured a large export order. The order is for supplying 50 kilometers of LSAW pipes and bends with anti-corrosion and concrete weight coatings for an offshore project in the Middle East.
The shares traded at Rs 949.90, up 4.22 percent from the previous closing price of Rs 911.45. Welspun Corp has a market capitalization of Rs 25,003.45 crore. The company is known for manufacturing diameter pipes and has a strong presence in the steel industry.
This new order strengthens Welspun’s position in the global steel pipe market. The pipes and bends will be used in a key offshore infrastructure project in the Middle East. Welspun uses advanced technology and high-quality coatings to protect pipes in tough offshore conditions.
In its latest financial results, Welspun’s revenue dropped 12 percent from Rs 4,461 crore in Q4 FY24 to Rs 3,925 crore in Q4 FY25. Despite this, net profit rose sharply by 143 percent, increasing from Rs 287 crore to Rs 699 crore. This shows the company’s ability to manage costs and improve profits.
Welspun currently holds a large order book valued at Rs 19,553 crore. This includes 1,093 KMT of Line Pipes, 353 KMT of Ductile Iron Pipes, and 9,025 MT of Stainless Steel Bars and Pipes. The order book reflects strong demand across multiple product categories.
For the financial year 2026, Welspun targets revenue of Rs 17,500 crore and EBITDA of Rs 2,200 crore. These targets represent growth of 25 percent and 18 percent respectively over the previous year. The company expects its return on capital employed to be above 20 percent. It also plans to keep its net debt-to-EBITDA ratio below 1.0 to maintain financial health.
Welspun Corp Limited produces steel and plastic products. It focuses on making and coating high-grade submerged arc welded pipes, hot-rolled steel plates, and coils. The company supplies welded line pipes, ductile iron pipes, stainless steel pipes, tubes, and bars to various industries.
