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Welspun Special.Soln Overview

Welspun Specialty Solutions Ltd manufactures and sells steel and metal products in India. The business enterprise gives cast, billet, heat treated, bloom, ingot, rolled bar, bright bar, and other products, as well as presents seamless tubes and pipes. Its merchandise are utilized in energy, defense, automotive, nuclear power, and aerospace industries. The enterprise become formerly called RMG Alloy Steel Ltd and changed its call to Welspun Specialty Solutions Ltd in August 2019. Welspun Specialty Solutions Ltd was incorporated in 1980 and is ba...Read More

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Welspun Special.Soln Key Financials

Market Cap ₹2641 Cr.

Stock P/E -645.6

P/B 5.8

Current Price ₹39.9

Book Value ₹ 6.8

Face Value 6

52W High ₹43.3

Dividend Yield 0%

52W Low ₹ 28

Welspun Special.Soln Share Price

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Volume
Price

Welspun Special.Soln Quarterly Price

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Welspun Special.Soln Peer Comparison

Welspun Special.Soln Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 208 175 151 162 167 194 200 201 239 226
Other Income 6 7 5 6 6 6 8 10 4 3
Total Income 214 182 156 168 173 200 209 211 243 229
Total Expenditure 196 163 139 151 165 187 190 197 225 209
Operating Profit 18 19 17 17 8 13 18 14 18 20
Interest 9 9 7 10 11 12 11 11 4 6
Depreciation 4 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 6 6 3 -6 -4 3 -1 10 10
Provision for Tax 0 0 -34 1 0 0 -0 0 0 0
Profit After Tax 5 6 40 2 -6 -4 4 -1 10 10
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 5 6 40 2 -6 -4 4 -1 10 10
Adjusted Earnings Per Share 0.1 0.1 0.7 0 -0.1 -0.1 0.1 -0 0.1 0.1

Welspun Special.Soln Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 334 268 233 235 441 295 93 163 418 697 724 866
Other Income 12 2 6 5 4 5 2 19 15 22 25 25
Total Income 345 270 239 240 445 300 95 182 433 718 749 892
Total Expenditure 343 281 248 246 478 366 114 182 401 641 693 821
Operating Profit 2 -11 -9 -6 -34 -66 -19 1 31 77 56 70
Interest 50 46 45 47 9 15 11 19 30 33 44 32
Depreciation 12 7 7 7 7 10 14 14 15 15 16 16
Exceptional Income / Expenses 23 3 3 5 29 11 138 0 0 0 0 0
Profit Before Tax -37 -60 -58 -55 -20 -81 93 -32 -14 29 -4 22
Provision for Tax 0 0 0 0 0 0 0 0 0 -34 0 0
Profit After Tax -37 -60 -58 -55 -20 -81 93 -32 -14 62 -4 23
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -37 -60 -58 -55 -20 -81 93 -32 -14 62 -4 23
Adjusted Earnings Per Share -3.2 -5.2 -5.1 -4.7 -0.5 -1.6 1.7 -0.6 -0.2 1.1 -0.1 0.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 64% 20% 8%
Operating Profit CAGR -27% 283% 0% 40%
PAT CAGR -106% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% 29% 24% 29%
ROE Average -2% 88% 23% 10%
ROCE Average 10% 12% 15% 3%

Welspun Special.Soln Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -148 -180 -445 -326 -212 -105 39 44 29 93 434
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 200 291 496 485 258 218 153 232 219 122 21
Other Non-Current Liabilities 2 1 2 2 2 1 63 13 1 -26 -30
Total Current Liabilities 239 134 158 419 363 213 44 85 227 364 270
Total Liabilities 293 246 210 581 411 328 299 372 477 553 694
Fixed Assets 123 118 110 105 100 219 224 212 207 198 195
Other Non-Current Assets 4 3 2 12 91 15 5 8 3 8 10
Total Current Assets 167 126 98 464 220 94 70 152 267 347 489
Total Assets 293 246 210 581 411 328 299 372 477 553 694

Welspun Special.Soln Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 1 4 2 243 0 0 0 5 0 0
Cash Flow from Operating Activities -15 25 18 -5 -2 -27 43 -84 50 7 58
Cash Flow from Investing Activities -2 -1 4 -74 -18 -48 -9 -5 -5 -12 -39
Cash Flow from Financing Activities 14 -25 -24 320 -222 75 -34 93 -50 5 53
Net Cash Inflow / Outflow -3 -1 -2 241 -243 0 0 5 -5 -0 72
Closing Cash & Cash Equivalent 1 0 2 243 0 0 0 5 0 0 72

Welspun Special.Soln Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -3.18 -5.22 -5.08 -4.74 -0.55 -1.57 1.66 -0.58 -0.24 1.11 -0.06
CEPS(Rs) -2.16 -4.65 -4.5 -4.16 -0.37 -1.37 1.91 -0.32 0.02 1.39 0.18
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -17.31 -20.79 -38.66 -43.39 -6.38 -2.35 0.66 0.1 -0.15 0.98 5.99
Core EBITDA Margin(%) -2.46 -4.3 -5.89 -4.48 -8.56 -24.07 -22.11 -11.26 4 8.01 4.25
EBIT Margin(%) 3.56 -4.76 -5.09 -3.2 -2.43 -22.35 112.13 -8.42 3.97 8.88 5.52
Pre Tax Margin(%) -9.83 -20.02 -22.29 -22.7 -4.57 -27.57 99.85 -19.87 -3.29 4.11 -0.55
PAT Margin (%) -9.83 -20.02 -22.29 -22.7 -4.57 -27.57 99.75 -19.87 -3.29 8.97 -0.57
Cash Profit Margin (%) -6.67 -17.81 -19.77 -19.95 -3.05 -24.07 114.53 -10.99 0.28 11.19 1.67
ROA(%) -11.02 -22.27 -25.57 -13.78 -4.06 -22.04 29.74 -9.66 -3.24 12.13 -0.66
ROE(%) 0 0 0 0 0 0 0 -150.95 0 266.11 -1.81
ROCE(%) 6.08 -7.22 -7.83 -2.41 -3.18 -28.28 43.68 -5.55 6.06 20.11 9.9
Receivable days 86.99 80.11 74.44 92.49 62.68 50.48 39.91 28.47 24.74 23.54 43.42
Inventory Days 52.36 55.31 62.01 82.41 75.62 115.84 240.53 187.56 136.63 122.32 128.92
Payable days 140.56 137.94 122.88 147.45 134.34 131.77 184.67 156.74 64.27 33.92 68.8
PER(x) 0 0 0 0 0 0 7.13 0 0 26.66 0
Price/Book(x) -0.15 -0.18 -0.11 -0.28 -2.14 -2.04 17.9 137.5 -113.54 30.1 4.45
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.3 1.7 2.8 2.95 2.05 2.1 8.94 6.6 2.92 2.82 2.42
EV/Core EBITDA(x) 177.78 -42.11 -70.73 -114.23 -26.92 -9.35 -43.87 1457.25 38.81 25.37 31.15
Net Sales Growth(%) -19.99 -19.65 -13.17 1.04 87.35 -33.03 -68.35 74.77 155.88 66.74 3.88
EBIT Growth(%) -14.89 -207.62 6.45 42.47 -39.19 -517.03 258.82 -113.13 220.51 273.26 -35.38
PAT Growth(%) -7.33 -64.04 2.75 6.69 63.05 -304.02 214.54 -134.81 57.64 554.66 -106.55
EPS Growth(%) -7.33 -64.03 2.75 6.69 88.45 -186.47 205.8 -134.76 57.65 554.69 -105.55
Debt/Equity(x) -2.46 -1.99 -1.36 -1.6 -1.75 -3.07 4.63 5.52 7.94 2.79 0.05
Current Ratio(x) 0.7 0.94 0.62 1.11 0.61 0.44 1.58 1.8 1.17 0.95 1.81
Quick Ratio(x) 0.51 0.6 0.35 0.95 0.28 0.11 0.37 0.45 0.3 0.22 0.91
Interest Cover(x) 0.27 -0.31 -0.3 -0.16 -1.13 -4.28 9.13 -0.74 0.55 1.86 0.91
Total Debt/Mcap(x) 12.37 8.36 12.19 5.82 0.81 1.51 0.26 0.3 0.25 0.16 0.01

Welspun Special.Soln Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 55.17 55.17 55.17 55.17 55.17 55.17 55.17 55.17 55.17 55.17
FII 0 0 0 0.03 0.02 0.03 0.02 0.01 0.01 1.31
DII 0.01 0.01 0.01 0.01 0.01 0.22 0.01 0.01 0.04 0.01
Public 44.83 44.83 44.83 44.79 44.8 44.58 44.8 44.82 44.79 43.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Welspun Special.Soln News

Welspun Special.Soln Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 88%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 33.92 to 68.8days.
  • Stock is trading at 5.8 times its book value.
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