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Welspun Corp Limited (welcorp) Q4 & FY26: Surpassed Full Year Guidance with Strong Performance

Welspun Corp Ltd (WELCORP) delivers strong Q4 & FY26 performance, surpassing full year guidance with robust order book and improved cash flow.

Deputy Editor, Equities for tradealone

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Welspun Corp Limited Welcorp Q4 FY26 Results

Welspun Corp Limited (WELCORP) has delivered a strong Q4 and full-year FY26 performance, surpassing its full-year guidance with robust operational and financial metrics. The company reported an EBITDA of Rs 2,371 crore, exceeding the guidance of Rs 2,200 crore. The EBITDA margin stood at 14%, and the Return on Capital Employed (ROCE) was 22%. The net cash position strengthened to Rs 1,627 crore despite capex investments of Rs 2,532 crore, with improved operating cash flow and free cash flow generation at Rs 3,204 crore and Rs 672 crore respectively for FY26.

Robust Order Book

The company maintained an all-time high order book of approximately Rs 25,350 crore, including line pipes in India and the USA, ductile iron pipes, and stainless steel bars and pipes. The USA spiral mill is booked through FY28, indicating sustained demand.

Profitability Surge

The company’s PAT after exceptional items increased by 28% and 42% year-on-year to Rs 370 crore and Rs 1,613 crore respectively for Q4 and full-year FY26. The board has recommended a dividend of Rs 5 per equity share (100%) of the face value of Rs 5 each. Looking ahead, the company has guided revenue at Rs 20,000 crore and EBITDA at Rs 2,850 crore for FY27.

Mr. Vipul Mathur, MD & CEO, Welspun Corp Ltd, said, “We delivered a strong operational and financial performance for the year, comfortably surpassing our full year EBITDA guidance, while maintaining a healthy balance sheet and improved cash generation. Our robust order book provides medium- to long-term visibility. The current global geopolitical environment has created near-term supply chain disruptions across markets; however, it is also opening new opportunities for globally diversified manufacturers like us. Further, our strategic global presence across key regions and strong execution capabilities provide us a competitive advantage in the evolving global landscape. We continue to integrate sustainability across our business approach with our improved ESG rankings, reinforcing our commitment towards sustainable growth and stakeholder value creation.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Welspun Corp Limited

Welspun Corp Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

WELCORP
Basic Materials › Steel
CONSOLIDATING DOWN
74
Fundamental
80
Technical
77
Overall

1W -3.21%
1M +2.04%
3M +81.05%
P/E: 29.5 Cap: Large
AI-Powered Analysis • TradeAlone
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Welspun gains 69.8% over three months and trades near its 52-week highs. The PEG of 0.29 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 28.2% and profits at 63.2% CAGR. Both numbers are exceptional. Buyers show up with 1.7x the volume of sellers. Moreover, they dominated on 22 of recent sessions versus 8 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 28.2%, profits at 63.2%, and the PEG sits at 0.29 — below its growth rate. That combination is rare. Check Fundamentals of Welspun Corp Limited.

Basic Materials

Sambahv Steel Tubes Limited (sambhv) Q2 FY27: Highest-ever Sales Volume for Value Added Products

Sambhv Steel Tubes Limited (SAMBHV) achieves highest-ever sales volume in Q2 FY27, driven by Structural Pipes and Tubes, GP Coils & Pipes.

Pranab Tyagi at TradeAlone

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Sambhv Steel Tubes Limited Sambhv Q2 FY27 Sales Volume

Sambahv Steel Tubes Limited (NSE: SAMBHV) has achieved its highest-ever sales volume in Q2 FY27 for Value Added Products, marking a significant milestone for the company. The robust performance was driven by strong growth in the Structural Pipes and Tubes and Pre-Galvanised (GP) Coils & Pipes segments. Notably, the company successfully scaled its portfolio of high-value products while maintaining overall volume stability despite global disruptions arising from ongoing conflicts, which adversely impacted the broader industry.

Sales Volume Growth

The company reported a substantial increase in sales volume across various product categories. In the Structural Pipes and Tubes segment, sales volume reached 67,020 tons in Q2 FY27, up from 56,617 tons in Q1 FY27 and 57,788 tons in Q2 FY26. Similarly, Pre-Galvanised (GP) Coils and Pipes saw a significant rise, with sales volume hitting 32,126 tons in Q2 FY27, compared to 29,814 tons in Q1 FY27 and 20,207 tons in Q2 FY26.

Product Category Performance

The sales volume for Stainless Steel Coils was 14,445 tons in Q2 FY27, slightly lower than the previous quarter’s 14,760 tons but still reflecting a healthy growth trend. The overall sales volume for Value Added Products totaled 1,13,591 tons in Q2 FY27, a notable increase from 1,01,191 tons in Q1 FY27 and 89,562 tons in Q2 FY26.

As a result, Sambahv Steel Tubes Limited continues to strengthen its market position and expand its portfolio of high-value products, ensuring sustained growth and stability in the competitive steel industry.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Sambhv Steel Tubes Limited

Sambhv Steel Tubes Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

SAMBHV
Basic Materials › Steel
BREAKOUT
76
Fundamental
96
Technical
86
Overall

1W +5.97%
1M +27.2%
3M +40.34%
P/E: 27.7 Cap: Small
AI-Powered Analysis • TradeAlone
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Sambhv gains 40.3% over three months and trades near its 52-week highs. Thin margins at 6.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 37.1% and profits at 33.0% CAGR. Both numbers are exceptional. The stock trades at 93% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 37.1%, profits at 33.0%, and the PEG sits at 0.84 — below its growth rate. That combination is rare. Check Fundamentals of Sambhv Steel Tubes Limited.

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Basic Materials

Indo Borax & Chemicals Limited (indoborax) Strengthens Operational Synergies with Kronox Lab Sciences Appoints Suresh Kalra as Managing Director and CEO

Indo Borax & Chemicals Limited (INDOBORAX) strengthens operational synergies with Kronox Lab Sciences, appoints Suresh Kalra as Managing Director and CEO.

Shruti singh - TradeAlone

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Indo Borax & Chemicals Limited Indoborax Appoints Suresh Kalra

Indo Borax & Chemicals Limited (INDOBORAX) has announced a significant leadership change in its recently acquired specialty chemicals company, Kronox Lab Sciences Limited. The company has appointed Mr. Suresh Kalra as Managing Director and CEO, marking a new phase in its growth strategy. This move follows the completion of the acquisition of a 64.26% stake in Kronox Lab Sciences on September 29, 2026. The new leadership aims to strengthen operations, expand capabilities, and pursue sustainable growth opportunities across India and global markets.

Leadership Transition at Kronox Lab Sciences

Mr. Kalra brings over 25 years of leadership experience in the chemicals industry, with expertise in global operations, P&L management, manufacturing, strategic planning, and international business expansion. His appointment is expected to leverage Kronox’s strong foundation in high-purity specialty chemicals, supported by its manufacturing capabilities, technical expertise, and growing presence in domestic and international markets.

New Board Brings Diverse Expertise

The new board at Kronox Lab Sciences brings together experience across chemicals, manufacturing, financial management, banking, legal, and corporate governance. The board has also reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee to ensure robust governance and strategic direction.

About Kronox Lab Sciences Ltd: Incorporated in 2008 and headquartered in Vadodara, Gujarat, Kronox Lab Sciences Limited manufactures high-purity specialty fine chemicals, including excipients, reagents, buffers, and intermediates, for various industries. The company operates multiple manufacturing units in Gujarat and markets a portfolio of more than 185 products across domestic and export markets. For FY2026, the company reported revenue of approximately INR 101 crore and profit after tax of approximately INR 28 crore.

About Indo Borax & Chemicals Ltd: Established in 1980, Indo Borax & Chemicals Ltd. is a manufacturer of boron-based chemicals and a producer of Boric Acid. The company operates manufacturing facilities at Pithampur, Madhya Pradesh, producing Boric Acid, Disodium Octaborate Tetrahydrate (D.O.T.), and Borax. Indo Borax also manufactures Pharma Grade Boric Acid as per the Indian Pharmacopoeia and was among the first companies in India to receive a BIS licence for manufacturing Technical Grade Boric Acid.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

INDOBORAX
Basic Materials › Chemicals
CONSOLIDATING DOWN
40
Fundamental
84
Technical
62
Overall

1W +3.77%
1M -9.02%
3M +19.69%
P/E: 26.7 Cap: Small
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Indo gains 19.7% over three months and trades near its 52-week highs. Margins at 23.3% are impressive but need to be sustained — any compression would be a red flag. Revenue contracts at -1.4% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 9.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock holds up despite -1.4% revenue growth and a PEG of 99.00. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Indo Borax & Chemicals Limited.

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APLAPOLLO

Apl Apollo Tubes Limited (aplapollo) Q2fy27: Sales Volume Reaches Record High of 963,143 Ton

APL Apollo Tubes Limited (NSE: APLAPOLLO) announced record-breaking sales volume of 963,143 Ton in Q2FY27, marking a 13% YoY increase.

jyoti sharma

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Apl Apollo Tubes Limited NSE Aplapollo Q2fy27 Sales Volume

APL Apollo Tubes Limited (APL Apollo), the world’s largest branded structural steel tube company, announced its sales volume for Q2FY27. The company registered its highest-ever sales volume of 963,143 Ton in Q2FY27, up from 855,037 Ton in Q2FY26. Notably, this marks a 13% year-over-year (YoY) increase and a 29% quarter-over-quarter (QoQ) surge.

Record-Breaking Q2FY27 Performance

The impressive Q2FY27 performance is a testament to APL Apollo’s robust growth trajectory. The company’s sales volume for H1FY27 stands at 1,707,966 Ton, reflecting a 4% YoY growth. The company’s diverse product range, including the APL Apollo Brand, SG Premium Brand, UAE Operations, and Roofing Products, contributed significantly to this milestone.

Strategic Expansion and Manufacturing Excellence

Headquartered in Delhi NCR, APL Apollo operates 11 manufacturing facilities with a total capacity of 5 Mn Ton. The company’s strategic expansion across India, with units in Hyderabad, Sikandarabad, Bangalore, Hosur, Raipur, Malur, Murbad, and Umm AI Quwain, ensures a wide distribution network. This extensive network, coupled with state-of-the-art manufacturing facilities, enables APL Apollo to cater to various industry applications, including urban infrastructure, real estate, rural housing, commercial construction, greenhouse structures, and engineering applications.

As a result, APL Apollo continues to solidify its position as India’s leading structural steel tube manufacturer, poised for sustained growth and innovation in the building material sector.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of APL Apollo Tubes Limited

APL Apollo Tubes Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

APLAPOLLO
Basic Materials › Steel
CONSOLIDATING DOWN
68
Fundamental
66
Technical
68
Overall

1W -3.16%
1M -5.3%
3M +18.33%
P/E: 47.9 Cap: Large
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

APL gains 22.5% over three months and trades near its 52-week highs. Thin margins at 5.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 2.12 makes it expensive versus peers. The premium needs earnings to catch up quickly. The stock gives back 1.5% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 22.5% in three months on 12.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of APL Apollo Tubes Limited.

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