Welspun Specialty SOL L

NSE: WELSPLSOL · Iron & Steel Products · sector

₹42.60NSE close 2026-10-26

Key numbers

Market cap₹2,823 cr

Price₹42.60

52w high / low₹63 / ₹36

P/E202.8xSector median 15.5x

P/B6.2xSector median 1.7x

Book value₹6.9

Dividend yield–Sector median 0.60%

ROE3.2%Sector median 11.1%

ROCE7.4%Sector median 11.9%

OPM4.7%Sector median 6.7%

Debt / equity0.00xSector median 0.21x

EV/EBITDA67.0xSector median 11.8x

Interest cover1.7x

Current ratio1.50x

Sales growth 3y+28.5%Sector median +2.1%

Profit growth 3y–Sector median +13.0%

PEG–

Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹156 cr vs borrowings ₹35 cr (FY26): cash is higher (net cash).
Operating profit covered interest 1.7x in the last 12 months.
Net loss in 2 of the last 7 quarters.
Other income was 70% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹42.60 on 2026-10-26: -32.6% from the 52-week high, +18.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹59.25 · low ₹25.99

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	200	201	239	226	220	194	240
EBITDA	10	4	14	17	11	11	3
OPM %	4.9%	2.1%	6.0%	7.5%	5.1%	5.4%	1.1%
Other income	8	10	4	3	2	4	2
Net profit	4	-1	10	10	4	5	-5
EPS (₹)	0.07	0.01	0.14	0.14	0.06	0.08	-0.07
Revenue YoY					+9.8%	-3.8%	+0.5%
Profit YoY					+19.7%	–	-146.7%

Standalone figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	163	418	697	724	886	880
EBITDA	-18	17	56	31	47	41
Net profit	-31	-14	62	-4	23	14
EPS (₹)	-0.58	-0.26	1.18	0.08	0.34	0.21
Revenue growth		+155.9%	+66.7%	+3.9%	+22.5%	–
Profit growth		–	–	-106.5%	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+28.5%	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	434	457
Borrowings	21	35
Cash & equivalents	97	156
Total assets	728	871
Fixed assets	195	200
Capital work in progress	2	49
Investments	0	0
Receivables	124	143
Inventory	243	258
Payables	258	360

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	58	128
Cash from investing	-39	-177
Cash from financing	53	-12
Capex	16	61
Free cash flow	42	67

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	-0.9%	5.0%
ROCE %	8.8%	9.8%
Debtor days	62	59
Inventory days	189	153
Payable days	201	214
Cash conversion cycle (days)	50	-2
Working capital days	111	71

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
WELSPLSOL	₹2,823 cr	202.8x	6.2x	3.2%	7.4%	4.7%	+28.5%	–

All 118 companies in Iron & Steel Products →

Dividends & corporate actions

Ex-date	Action	Detail
2002-09-04	Dividend	NIL Dividend

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	WELSPLSOL
BSE code	500365
ISIN	INE731F01037
Face value	₹6.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.