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← CockpitCompetitor Analysis › WELSPLSOL.NS Welspun Specialty Solutions LimitedOpen in the cockpit ↗

Welspun Specialty Solutions LimitedWELSPLSOL.NSCompetitor analysis, valuation and peers

India · INR·Metal & Mining›Steel
Momentum neutral 42
Mkt cap
$316M
US dollars, full cap
Free float
16%
of shares outstanding
$/day
$208,764
20-day average traded
Fwd P/E
20.7×
forward earnings
ROIC−WACC
-11.3 pp
WACC 15.6%
Hurdle
n/a
no reverse DCF
Next earnings
87 days
1 Feb 2027
Close · INR₹44.82
1D-1.6%
1W+9.7%
1M-12.7%
3M-10.4%
6M+4.6%
YTDn/a
1Yn/a
ATR %5.7%
52w lowhigh29.1% off high

What Welspun Specialty Solutions does

Employees: 1,067

Welspun Specialty Solutions at a glance

Size Welspun Specialty Solutions (WELSPLSOL.NS) is an India Materials company (Steel) with a market value of $316M, the 1037th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹44.82 on 6 Nov 2026.

Performance Over six months the shares gained 4.6%, against -3.0% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 20 in its peer set.

Growth Revenue grew 5.4% over the last twelve months (peer median +8.9%); the operating margin is 2.7% (peer median 2.7%).

Valuation It trades at 20.7× forward earnings against a peer median of 25.5× (5th cheapest of 12).

Capital Return on invested capital runs 11.3 points below its cost of capital (15.6% WACC).

Next results Next results expected around 1 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026WELSPLSOL.NS 102Peer median 98
Six months, rebased to 100: Welspun Specialty Solutions against the median of its 20 peers (local-currency closes).

Welspun Specialty Solutions financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹8.80B₹8.75B₹7.03B₹6.92B₹4.15B
Revenue growth—+24%+2%+67%—
Gross profit₹808M₹516M₹377M₹671M₹256M
EBITDA₹414M₹518M₹417M₹640M₹233M
Net income₹144M₹227M-₹40.9M₹625M-₹137M
Free cash flown/a₹430M-₹132M-₹247M₹46.5M
Capital expendituren/a₹610M₹159M₹127M₹55.4M
Total debt₹0₹351M₹209M₹2.66B₹2.33B

Quarterly statements and history in the cockpit →

Welspun Specialty Solutions competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%+20%+40%JTLIND460860RATNAVEER10470000303054456030280586505461016380TUBCOCKERILLVSSLVENUSPIPESKIRLOSINDSTEELCASWELSPLSOL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Welspun Specialty Solutions is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%0×25×50×75×JTLIND460860RATNAVEER6030282034016380TUB603878VSSLVENUSPIPESKIRLOSINDWELSPLSOL.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Welspun Specialty Solutions is the large dot.

Welspun Specialty Solutions competitors and peer comparison

How Welspun Specialty Solutions compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Welspun Specialty Solutions against its 20 peers (data as of 6 Nov 2026)
MeasureWELSPLSOL.NSPeer medianRank in peer set
1-month return-12.7%-6.4%6th lowest of 21
6-month return+4.6%-3.0%7th highest of 20
Distance from 52-week high-29.1%-22.3%8th lowest of 21
Revenue growth (TTM)+5.4%+8.9%9th lowest of 20
Operating margin2.7%2.7%10th lowest of 20
Forward P/E20.7×25.5×5th cheapest of 12
ROIC minus cost of capital-11.3 pp-4.2 pp3rd lowest of 19
Net debt / EBITDA-1.1×0.5×4th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Welspun Specialty Solutions WELSPLSOL.NSIndia$316M+5%+5%3%20.7×n/an/a
JTL Industries JTLIND.NSIndia$314M-8%+16%7%19.2×n/an/a
A-One Steels India AONESTEELS.NSIndia$323Mn/an/an/an/an/an/a
DONGKUK STEEL MILL 460860.KSSouth Korea$308M-45%+12%3%8.5×n/an/a
Ratnaveer Precision Engineering RATNAVEER.NSIndia$325M+106%+21%8%19.9×n/an/a
Kisco 104700.KSSouth Korea$302M+22%+2%-9%n/an/an/a
SeAH Steel 003030.KSSouth Korea$298M-58%+11%2%n/an/an/a
Tokyo Tekko 5445.TJapan$296M+3%-2%14%n/an/an/a
Jiangsu Safety 603028.SSChina$290M-22%-45%-17%84.8×n/an/a
YC Inox 2034.TWTaiwan$344M+4%-20%3%32.6×n/an/a
SeAH 058650.KSSouth Korea$346M-27%+16%4%n/an/an/a
Chubu Steel Plate 5461.TJapan$353M-3%+19%0%n/an/an/a
Kg Dongbusteel 016380.KSSouth Korea$354M-32%+6%2%3.6×-14.9%+6.4%
Tubacex TUB.MCSpain$358M-6%-7%-2%76.4×15.7%+9.3%
John Cockerill India COCKERILL.NSIndia$358M+23%+174%-1%n/a21.5%+0.4%
Jiangsu Wujin Stainless Steel Pipe 603878.SSChina$360M-46%-9%-4%22.5×6.6%-0.6%
Vardhman Special Steels VSSL.NSIndia$371M+31%+15%11%25.5×n/an/a
Venus Pipes & Tubes VENUSPIPES.NSIndia$377M+21%+22%14%25.9×n/an/a
Kirloskar Industries KIRLOSIND.NSIndia$381M+2%+4%8%73.3×3.2%+27.5%
Steelcast STEELCAS.NSIndia$387M+23%+9%24%n/a30.2%+22.2%
Kalyani Steels KSL.NSIndia$392M-5%-5%17%n/a19.1%+9.4%

Questions

Which companies are Welspun Specialty Solutions's closest peers?
The cockpit's peer set: JTL Industries (JTLIND.NS), A-One Steels India (AONESTEELS.NS), DONGKUK STEEL MILL (460860.KS), Ratnaveer Precision Engineering (RATNAVEER.NS), Kisco (104700.KS), SeAH Steel (003030.KS), Tokyo Tekko (5445.T), Jiangsu Safety (603028.SS).
Is Welspun Specialty Solutions expensive compared with its peers?
On forward p/e it trades at 20.7× against a peer median of 25.5×, 5th cheapest of 12 in its peer set.
How has Welspun Specialty Solutions stock performed?
Over six months to 6 Nov 2026 the shares returned +4.6% against -3.0% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.