Last 85.05 INR
Change Today -3.10 / -3.52%
Volume 121.9K
WLCO On Other Exchanges
Symbol
Exchange
Natl India
Singapore
As of 7:06 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

welspun corp ltd (WLCO) Snapshot

Open
88.05
Previous Close
88.15
Day High
88.85
Day Low
84.70
52 Week High
06/10/14 - 108.40
52 Week Low
08/21/13 - 24.99
Market Cap
22.4B
Average Volume 10 Days
159.1K
EPS TTM
2.79
Shares Outstanding
262.9M
EX-Date
06/19/14
P/E TM
30.5x
Dividend
0.50
Dividend Yield
0.59%
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. The company operates through Steel, Infrastructure, and Others segments. It provides submerged arc welded pipes, hot rolled steel plates and coils, and gas based sponge iron 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. The company is also engaged in the development, operation, and maintenance of basic infrastructure projects; toll collection; and development of urban infrastructure and provision of related advisory services. In addition, it is involved in the trading of steel products; coating of pipes; oil and gas exploration; energy and power generation; and development of jetty project. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in 2010. Welspun Corp Limited was founded in 1995 and is based in Mumbai, India.

Founded in 1995

welspun corp ltd (WLCO) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: 137.2M
Non-Executive Director, Member of Share Trans...
Total Annual Compensation: 830.0K
Compensation as of Fiscal Year 2013.

welspun corp ltd (WLCO) Key Developments

Welspun Corp. Limited Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Welspun Corp. Limited reported audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 15,344.9 million compared to INR 28,267.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 459.0 million against INR 1,900.3 million a year ago. Profit after tax of INR 126.2 million or INR 0.48 per diluted share compared to loss of INR 15.7 million or INR 0.05 per diluted share for the same quarter year ago. Reported EBITDA was INR 1,955 million against INR 3,375 million a year ago. For the year, on consolidated basis, the company reported net sales/income from operations of INR 77,047.2 million compared to INR 90,832.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,632.0 million compared to INR 3,700.8 million a year ago. Profit after tax was INR 733.9 million or INR 2.79 per diluted share compared to loss of INR 703.2 million or INR 3.03 per diluted loss share for the same quarter year ago. Reported EBITDA was INR 8,439 million against INR 9,191 million a year ago. Net debt was INR 24,821 million against INR 23,170 million a year ago. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 11,925.1 million compared to INR 16,054.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,278.2 million against INR 916.5 million a year ago. Profit after tax of INR 982.5 million or INR 3.71 per diluted share compared to INR 248.8 million or INR 1.02 per diluted share for the same quarter year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 48,676.1 million compared to INR 66,321.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 215.9 million compared to INR 1,435.9 million a year ago. Profit after tax of INR 530.9 million or INR 0.67 per diluted share compared to INR 530.9 million or INR 2.29 per diluted share for the same quarter year ago.

Welspun Corp Ltd Recommends Dividend, Payable on September 01, 2014

Welspun Corp. Ltd. announced that the Board of Directors of the company at its meeting held on April 29, 2014, inter alia, have recommended a dividend at the rate of 10% (that is INR 0.50 per share) on 262,948,299 Equity Shares of INR 5 each fully paid-up. The dividend payment date is September 01, 2014.

Welspun Corp Limited to Report Fiscal Year 2014 Results on Apr 29, 2014

Welspun Corp Limited announced that they will report fiscal year 2014 results on Apr 29, 2014

 

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Industry Average

Valuation WLCO Industry Range
Price/Earnings 30.5x
Price/Sales 0.3x
Price/Book 0.8x
Price/Cash Flow 4.7x
TEV/Sales NM Not Meaningful
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