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WELCORPNSEWelspun Corp Limited· Industrial ProductsHighNeutral
Announced Thu, 21 May, 2026 · 18:13 IST

Welspun Corp Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue growth above 20%EBITDA margin expansionNet loss reportedRelated-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 reported consolidated revenue of Rs 16,770.14 crores for FY2026, up 20% from Rs 13,977.54 crores in FY2025, driven by strong steel products segment performance. However, net profit after tax declined to Rs 1,620.49 crores from Rs 1,902.28 crores (down 14.8%) due to absence of exceptional items recorded in FY2025 (Rs 476.50 crores from NSPL divestment). EBITDA margin expanded from 14.08% to 15.63%, showing improved operational efficiency. Finance costs reduced significantly from Rs 319.65 crores to Rs 212.17 crores. The board declared a final dividend of Rs 5 per share (100%). Completed capability enhancement at Anjar (hybrid facility) and additional coating capacity at Bhopal (3 million sqm p.a.). Sold 26% stake in Clean Max Dhyuthi to promoter group for Rs 760 lakhs. Auditor gave unmodified (clean) opinion.

Likely market impact

Revenue growth of ~20% YoY is positive, but PAT decline due to non-recurrence of prior year exceptional gains may disappoint near-term investors. Improved EBITDA margins and lower debt costs indicate better operational health. Dividend declaration shows board confidence.