Synopsis:
A major order upgrade at Welspun’s Little Rock facility has increased the deal size by Rs. 735 crore, pushing its order book to nearly Rs. 19,000 crore.
During Tuesday’s trading session, shares of one of the largest manufacturers of large diameter pipes globally moved up by nearly 4.6 percent on BSE, following the announcement of a Rs. 737 crore upsizing to an existing order.
At 01:23 p.m., shares of Welspun Corp Limited were trading in the green at Rs. 895.35 on BSE, up by nearly 4 percent, as against its previous closing price of Rs. 862.5, with a market cap of Rs. 23,568 crores. The stock has delivered positive returns of around 39 percent in the last one year, but has fallen by over 3 percent in the last one month.
What’s the News
According to the latest regulatory filings on the stock exchanges, Welspun Corp Limited has announced a significant upgrade to an existing order for coated spiral pipes at its Little Rock facility located in the US. The order, originally for 36-inch pipes, has now been upsized to 42 inches, boosting its total value by around Rs. 735 crore.
With this addition, Welspun Corp’s consolidated order book now stands at nearly Rs. 19,000 crores. The majority of these orders are scheduled for execution across FY26 and FY27.
Commenting on the development, the company highlighted that these consistent order wins further boost its strong position in the U.S. oil and gas transmission sector. Welspun remains optimistic about continued growth in the US market and is well-positioned to capitalise on upcoming opportunities.
Financials & more
Welspun Corp reported a decline in its revenue from operations, showing a year-on-year decrease of around 12 percent from Rs. 4,461 crores in Q4 FY24 to Rs. 3,925 crores in Q4 FY25.
In contrast, its net profit increased during the same period from Rs. 287 crores to Rs. 699 crores, representing an impressive rise of about 143 percent YoY. The company’s financial results for Q1 FY26 will be announced today, that is, 29th July 2025.
Welspun Corp Limited (WCL) is the flagship company of Welspun World, one of India’s fastest-growing multinationals with a leadership position in line pipes and home solutions segments. WCL is primarily engaged in the business of manufacturing and distributing steel products and other products (including plastic products).
The company also manufactures Ductile Iron (DI) Pipes, TMT (Thermo-Mechanically Treated) Rebars, BIS-certified Steel Billets, Stainless Steel Pipes and Tubes & Bars.
It has advanced manufacturing facilities in Anjar (Gujarat), Bhopal (Madhya Pradesh), Mandya (Karnataka) and Jhagadia (Gujarat) in India. Overseas, WCL has a manufacturing presence in Little Rock, Arkansas, USA, and an upcoming manufacturing location in the Kingdom of Saudi Arabia for both Line Pipes and DI Pipes.
Written by Shivani Singh
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