Welspun Corp Limited announced its financial results for Q2FY27, reporting its highest ever quarterly EBITDA of ₹782 crore, a 25% increase YoY. The company also achieved an all-time record order book of ~₹50,000 crore. Significant investments are being made in expanding global manufacturing capacities, including new facilities in the USA and Jordan, signaling robust growth ambitions.
Welspun Corp Achieves Record Financial Milestones
Welspun Corp Limited (WCL) has announced a strong performance for the quarter ended September 30, 2026, delivering its highest ever quarterly EBITDA of ₹782 crore. This represents a substantial 25% year-on-year growth, underscoring the company’s sustained momentum. For the first half of FY27 (H1FY27), EBITDA surged by 30% to ₹1,538 crore.
Record Order Book and Global Expansion
The company’s global order book has reached an all-time record high of approximately ₹50,000 crore, providing significant medium to long-term business visibility. To capitalize on this demand, WCL is actively expanding its manufacturing footprint. This includes adding a new spiral pipe facility in the USA and establishing a greenfield spiral pipe plant along with a coating facility in Jordan through a joint venture with Perma-Pipes Inc. The total investment for the Jordan project is estimated at US$125 million.
Key Financial Highlights (Q2 & H1 FY27)
In addition to the record EBITDA, WCL reported other key financial achievements:
- PAT without exceptional items for H1FY27 grew 26% YoY to ₹997 crore.
- ROCE remained strong at 22.7%.
- The net cash position improved to ₹3,887 crore after incurring capital expenditure of ₹1,616 crore.
The company also announced the acquisition of a 49% direct stake in its step-down subsidiary, Welspun Special Coating Private Ltd., for setting up an internal FBE coating plant in India.
Strategic Vision
Mr. Vipul Mathur, MD & CEO of Welspun Corp Ltd., commented on the results, stating, “We have delivered a consistent performance during Q2FY27, with sustained progress across key financial parameters.” He highlighted the strong demand visibility in the USA and the Middle East and emphasized the company’s focus on prudent capital allocation, customer relationships, and innovation.
Source: BSE
