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WELCORPBSEWelspun Corp Ltd· Industrial ProductsHighNeutral
Announced Thu, 21 May, 2026 · 18:12 IST

Outcome of the meeting of the Board of Directors

Revenue growth above 20%Net loss reportedEBITDA margin expansionRelated-party transactionsResults View source PDFExplain this filing

WELCORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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
5m
-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
2d
-0.7+1.3-2.0+0.8-1.5
3d
+3.4+1.8+1.5+1.4+2.0
4d
+3.8+1.2+2.7+0.6+3.2
5d
+3.1+0.4+2.8-0.3+3.4
1w
+6.9+0.9+6.0+0.2+6.7
15d
+3.9+3.0+0.9+1.3+2.6
1m
+5.7+6.3-0.6+3.5+2.2
2m
+21.3+6.4+14.9-0.2+21.5
3m
+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 Ltd reported audited consolidated FY26 results with revenue from operations of Rs 16,770.14 crores, up 20% from Rs 13,977.54 crores in FY25. Net profit declined to Rs 1,620.49 crores from Rs 1,902.28 crores (including exceptional gains of Rs 465.68 crores in FY25). Operating EBITDA margin expanded to 15.63% from 14.08%. The Board recommended a final dividend of Rs 5 per share (100%) for FY26. The company completed two expansion projects: hybrid Spiral/LSAW facility at Anjar and additional 3 million sqm coating capacity at Bhopal. The Board approved sale of 26% stake in Clean Max Dhyuthi Private Limited to promoter group entity Welspun Living Limited for Rs 7.60 crores. The auditor gave an unmodified (clean) opinion on the financial statements.

Likely market impact

The 20% revenue growth and margin expansion are positive indicators, though the PAT decline is partly due to exceptional gains in the previous year. The dividend declaration provides shareholder returns. Sale of associate stake to promoter group is a related party transaction but reduces complexity in the group structure.