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Last 124.20 INR
Change Today +10.05 / 8.80%
Volume 7.2M
WLCO On Other Exchanges
Symbol
Exchange
Natl India
As of 7:06 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

welspun corp ltd (WLCO) Snapshot

Open
111.00
Previous Close
114.15
Day High
125.65
Day Low
110.65
52 Week High
07/6/15 - 125.65
52 Week Low
03/27/15 - 51.90
Market Cap
32.7B
Average Volume 10 Days
7.3M
EPS TTM
2.63
Shares Outstanding
263.2M
EX-Date
06/18/15
P/E TM
47.2x
Dividend
0.50
Dividend Yield
0.40%
Current Stock Chart for WELSPUN CORP LTD (WLCO)

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welspun corp ltd (WLCO) Details

Welspun Corp Limited, together with its subsidiaries, manufactures and sells steel pipes, plates, and coils in India and internationally. It provides submerged arc welded pipes; and hot rolled steel plates and coils for the ship building, line pipes, wind power, offshore rigs and platforms, boiler and pressure vessels, turbines and generation equipment, mining, earth moving equipment, pre-engineered buildings, infrastructure, defense, and industrial machinery industries. It is also involved in the trading of steel products; coating of pipes; oil and gas exploration; and power generation, as well as development of infrastructure facilities. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. Welspun Corp Limited was founded in 1995 and is headquartered in Mumbai, India.

Founded in 1995

welspun corp ltd (WLCO) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: 39.6M
Non-Executive Director, Member of Share Trans...
Total Annual Compensation: 830.0K
Compensation as of Fiscal Year 2014.

welspun corp ltd (WLCO) Key Developments

Welspun Corp. Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Welspun Corp. Limited reported unaudited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, on consolidated basis, the company reported total income from operations (net) of INR 22,622.8 million compared to INR 14,120.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,892.5 million compared to INR 459.0 million a year ago. Profit after tax was INR 1,437.7 million or INR 5.45 per diluted share compared to INR 128.2 million or INR 0.48 diluted share a year ago. Profit from ordinary activities after fiancé costs but before tax was INR 2,250.1 million compared to INR 355.0 million reported a year ago. EBITDA was INR 4,137 million against INR 1,955 million a year ago. Operational EBITDA was INR 2,838 million against INR 544 million a year ago. For the full year, on consolidated basis, the company reported total income from operations (net) of INR 80,711.2 million compared to INR 73,402.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,057.1 million compared to INR 2,634.1 million a year ago. Profit after tax was INR 690.4 million or INR 2.60 per diluted share compared to INR 733.8 million or INR 2.79 per diluted share a year ago. Profit from ordinary activities after fiancé costs but before tax was INR 2,312.7 million compared to INR 1,412.0 million reported a year ago. EBITDA was INR 9,508 million against INR 8,439 million a year ago. Operational EBITDA was INR 7,692 million against INR 7,742 million a year ago. Net debt as at December 31, 2014 was higher at INR 19,095 million, compared to INR 25,646 million as at December 31, 2013. The decrease in net debt was primarily due to reduction in net working capital. For the quarter, on standalone basis, the company reported income from operations of INR 17,829.1 million compared to INR 11,925.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,059.0 million compared to INR 1,278.2 million a year ago. Profit after tax for the period was INR 773.5 million or INR 2.92 per basic and diluted share compared to INR 982.5 million or INR 3.71 per basic and diluted share a year ago. For the full year, on standalone basis, the company reported total income from operations (net) of INR 49,489.4 million compared to INR 48,676.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 398.6 million compared to INR 217.5 million a year ago. Loss after tax for the period was INR 157.1 million or INR 0.60 per basic and diluted share compared to INR 175.4 million or INR 0.67 per basic and diluted share a year ago.

Welspun Corp Limited Recommends Dividend

Welspun Corp. Limited announced that the Board of Directors of the company at its meeting held on April 28, 2015, have recommended a dividend at the rate of 10% (INR 0.50 per share) on 263,176,080 equity shares of INR 5 each fully paid-up.

Welspun Corp Limited, Board Meeting, Apr 28, 2015

Welspun Corp Limited, Board Meeting, Apr 28, 2015. Agenda: To consider and approve standalone and consolidated audited financial statements of the company for the year ended March 31, 2015.

 

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Industry Average

Valuation WLCO Industry Range
Price/Earnings 43.2x
Price/Sales 0.4x
Price/Book 1.0x
Price/Cash Flow 5.8x
TEV/Sales NM Not Meaningful
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