๐ช๐ฒ๐น๐๐ฝ๐๐ป ๐๐ผ๐ฟ๐ฝ ๐๐๐ฑ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐ฆ๐๐ฟ๐ผ๐ป๐ด ๐๐ฌ26 ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ & ๐ฆ๐ฒ๐๐ ๐๐บ๐ฏ๐ถ๐๐ถ๐ผ๐๐ ๐๐ฌ27 ๐๐๐ถ๐ฑ๐ฎ๐ป๐ฐ๐ฒ ๐:
Welspun Corp Ltd (WCL), the flagship company of Welspun World, announced its consolidated financial results for the fiscal year ended March 31, 2026, showcasing a robust performance that surpassed its guidance and a healthy financial position.
๐๐ฒ๐ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
- ๐๐ฌ26 ๐๐๐๐ง๐๐: Reached โน2,371 crore, exceeding the guidance of โน2,200 crore, with an EBITDA margin of 14% and ROCE at 22%.
- ๐ก๐ฒ๐ ๐๐ฎ๐๐ต ๐ฃ๐ผ๐๐ถ๐๐ถ๐ผ๐ป: Strengthened to โน1,627 crore, demonstrating effective financial management despite significant capex investment of โน2,532 crore during the year. The company maintained a negative net working capital, supported by customer advances.
- ๐๐ฎ๐๐ต ๐๐น๐ผ๐ ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป: Operating Cash Flow (OCF) and Free Cash Flow (FCF) saw significant improvements, reaching โน3,204 crore and โน672 crore respectively for FY26.
- ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐ ๐๐ณ๐๐ฒ๐ฟ ๐ง๐ฎ๐
(๐ฃ๐๐ง): For FY26, PAT after exceptional items increased by 42% YoY to โน1,613 crore. For Q4 FY26, PAT grew 28% YoY to โน370 crore.
๐ฅ๐ผ๐ฏ๐๐๐ ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ผ๐ผ๐ธ & ๐๐๐๐๐ฟ๐ฒ ๐ข๐๐๐น๐ผ๐ผ๐ธ:
- ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ผ๐ผ๐ธ: WCL maintained an all-time high consolidated order book of approximately โน25,350 crore, encompassing line pipes (India & USA), ductile iron pipes, and stainless steel bars & pipes. Notably, the USA spiral mill's orders extend through FY28.
- ๐๐ฌ27 ๐๐๐ถ๐ฑ๐ฎ๐ป๐ฐ๐ฒ: The company has set ambitious targets for FY27, projecting revenue of โน20,000 crore and EBITDA of โน2,850 crore, representing a 19% and 20% growth respectively over FY26 actuals.
๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ ๐ฅ๐ฒ๐๐๐ฟ๐ป๐:
- ๐๐ถ๐๐ถ๐ฑ๐ฒ๐ป๐ฑ: The Board has recommended a dividend of โน5 per equity share (100%) of the face value of โน5 each.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐๐ถ๐ฟ๐ผ๐ป๐บ๐ฒ๐ป๐ & ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐๐ฑ๐๐ฎ๐ป๐๐ฎ๐ด๐ฒ๐:
- ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฒ๐บ๐ฎ๐ป๐ฑ: Higher oil prices and a renewed focus on energy security are expected to drive new investments in global line pipe projects. WCL's strategic global presence across key regions (USA, KSA, India) and strong execution capabilities provide a competitive edge.
โธ ๐จ๐ฆ๐: Strong multi-year demand visibility driven by LNG, AI data centers, and oil pipeline infrastructure.
โธ ๐๐ฆ๐: Significant investments in onshore/offshore fields, Hydrogen & CCUS ventures, and water infrastructure projects.
โธ ๐๐ป๐ฑ๐ถ๐ฎ: Robust export prospects complemented by domestic demand from O&G pipelines (PNG, LPG) & water infrastructure projects.
- ๐๐๐๐ผ๐ฐ๐ถ๐ฎ๐๐ฒ & ๐ฆ๐๐ฏ๐๐ถ๐ฑ๐ถ๐ฎ๐ฟ๐ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ:
โธ East Pipes Integrated Company (KSA) achieved its highest-ever profitability and margin performance.
โธ Welspun Specialty Solutions Ltd (WSSL) reported 52% YoY EBITDA growth, focusing on value-added products.
โธ Sintex is focusing on premiumisation and channel expansion, with OPVC pipes gaining traction.
Mr. Vipul Mathur, MD & CEO, highlighted the strong operational and financial performance, the robust order book providing medium- to long-term visibility, and the competitive advantage derived from WCL's global presence and execution capabilities in the evolving global landscape. He also emphasized the integration of sustainability across the business, reflected in improved ESG rankings. ๐
๐๐ฏ๐ผ๐๐ ๐ช๐ฒ๐น๐๐ฝ๐๐ป ๐๐ผ๐ฟ๐ฝ ๐๐๐ฑ:
WCL is a global leader in manufacturing large diameter line pipes, ductile iron pipes, stainless steel products, and water storage tanks (Sintex). The company serves customers across six continents with manufacturing facilities in India, the USA, and Saudi Arabia. WCL is recognized for its commitment to sustainable growth, ranking high globally and in India for its ESG performance. ๐
๐ WELSPUN CORP LTD | ๐ท๏ธ Press Release / Media Release
๐ Details:
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