Mumbai: Steel pipes manufacturer Welspun Crop now has a long pipeline of orders that gets it a multi year revenue up to FY 2028. After September 2025, the company now has an order book worth $2.6 billion or ₹ 23,460 crore. Strong demand from the Americas and other international markets has helped the company grow its order books significantly.
The company currently has manufacturing operations in India and the United States, with orders coming in for its large-diameter coated steel pipes used for transporting commodities like water, liquid or gases.
Last month, Welspun strengthened its ownership in its subsidiary Welspun Specialty Solutions Ltd by acquiring 4.11% additional stake from MGN Agro Properties Pvt Ltd and Welspun Group Master Trust. Another subsidiary, East Pipes Integrated Company (EPIC) had secured a ₹1,165 crore contract in Saudi Arabia.
As the flagship company of Welspun World, Welspun Corp Ltd (WCL) manufactures large diameter pipes, with its products exported across six continents and 50 countries.
Welspun’s shares were trading at ₹792.50 on January 7. The company’s shares have remained stagnant on a year-to-date basis. Will this surge in orders offer better returns? That’s a question for time to answer.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
