Final Dividend on equity shares of the Company for the financial year ended 31 March 2026

Corporate Actions View source PDF Explain this filing

WELCORP · price

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Price reactionminutes from the announcement price · days from the prior close

-4.2%Reaction day

₹1329.10

prior close

₹1281.90

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-4.1% vs market

Iron & Steel Products peers, median of 97sector+0.7%-4.9% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Smallcap 250 and 4.9 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-1.6

15m

-1.5

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-0.1-4.1+0.7-4.9

Next day

-2.6+1.1-3.6+1.6-4.2

-0.7+1.3-2.0+0.8-1.5

+3.4+1.8+1.5+1.4+2.0

+3.8+1.2+2.7+0.6+3.2

+3.1+0.4+2.8-0.3+3.4

+6.9+0.9+6.0+0.2+6.7

15d

+3.9+3.0+0.9+1.3+2.6

+5.7+6.3-0.6+3.5+2.2

+21.3+6.4+14.9-0.2+21.5

+80.7+9.4+71.3-0.2+80.9

UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Welspun Corp's Board recommended a final dividend of Rs. 5 per equity share (100% on face value of Rs. 5) for FY2026, subject to shareholder approval at the ensuing AGM. For FY2026, consolidated revenue grew 20% to Rs. 16,770 crore, though net profit declined 15% to Rs. 1,620 crore compared to FY2025. Basic EPS stood at Rs. 61.23. The company also announced completion of capability enhancement at its Anjar plant (hybrid Spiral/LSAW facility) and additional coating capacity at Bhopal (3 million sq.mt p.a.). Additionally, the company sold its 26% stake in Clean Max Dhyuthi Private Limited to promoter group entity Welspun Living Limited for Rs. 760 lakhs.

Likely market impact

The dividend recommendation signals stable cash flows and profitability, though the decline in net profit may warrant attention. Shareholders should note this is subject to AGM approval and no record date has been specified yet.