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WELCORPNSEWelspun Corp Limited· Industrial ProductsHighNeutral
Announced Thu, 21 May, 2026 · 19:07 IST

Welspun Corp Limited has informed the Exchange regarding a press release dated May 21, 2026, titled "Press Results on the Audited Financial Results of the Company for the quarter and year ended March 31, 2026".

Management guided margin improvementOrder pipeline disclosedMulti-year targets at an analyst dayInvestor Communications 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 FY26 EBITDA of Rs 2,371 crore, beating its own guidance of Rs 2,200 crore, with EBITDA margin expanding to 14% (from 8% in FY23). Revenue grew 20% y-o-y to Rs 16,770 crore, while PAT (without exceptional items) rose 42% to Rs 1,613 crore. The company generated strong operating cash flow of Rs 3,204 crore and free cash flow of Rs 672 crore, ending with a net cash position of Rs 1,627 crore despite heavy capex of Rs 2,532 crore. Order book reached an all-time high of ~Rs 25,350 crore, covering line pipes, DI pipes, and stainless steel, with the US spiral mill booked through FY28. For FY27, management guided revenue of Rs 20,000 crore and EBITDA of Rs 2,850 crore. The Board recommended a dividend of Rs 5 per share (100% face value).

Likely market impact

Strong beat on guidance, expanding margins, and record order book provide multi-year revenue visibility. The FY27 guidance implies ~19% revenue and ~20% EBITDA growth, reinforcing a positive outlook. The healthy balance sheet and cash generation reduce financial risk.