Welspun Living Limited (WLL) announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a robust 16.9% year-on-year revenue growth to ₹2,870 crore. Key highlights include an improved EBITDA margin of 12.9% and the achievement of a net-cash position, a significant improvement from a net debt of ₹775 crore in March 2026.
Welspun Living Reports Strong Q2 FY27 Performance
Welspun Living Limited (WLL), a global leader in Home Textiles, has announced its financial results for the second quarter and half year ended September 30, 2026. The company demonstrated significant year-on-year growth, with revenues increasing by 16.9% to ₹2,870 crore. Sequentially, revenues saw a 1.5% rise.
Key Financial Highlights
The company’s EBITDA stood at ₹370 crore, with the EBITDA Margin improving to 12.9%. This represents a substantial increase of 600 basis points year-on-year and 40 basis points sequentially. Profit After Tax (PAT) experienced a remarkable surge, growing 13 times year-on-year to ₹169 crore. Furthermore, Welspun Living has strengthened its balance sheet, achieving a net-cash position, a notable turnaround from a net debt of ₹775 crore as of March 2026.
The cash conversion cycle saw significant improvement, shortening to 44 days from 82 days in March 2026. Capital efficiency, measured by ROCE, improved to 12.7%, reflecting enhanced capital utilization and returns.
Business Performance Overview
In Q2 FY27, home textile exports grew by 18.3% YoY. The US pillow business showed a strong performance, growing 2.4x YoY, with manufacturing facilities operating at full capacity. The domestic business delivered substantial growth of 28.2% year-on-year, driven by the strong performance of the ‘Welspun’ brand, which grew by 37%. Flooring revenue also increased by 19.3% year-on-year, with an improved EBITDA margin of 10.8%.
Operational restoration at the Vapi facility is progressing as planned, with full restoration anticipated within the year. The Anjar facility has successfully transitioned to operating on 100% green power, marking a significant step in the company’s sustainability journey.
Management Commentary
Ms. Dipali Goenka, Managing Director & CEO, Welspun Group, commented, “Q2 FY27 reflects our continued progress in driving profitable growth and strengthening our financial position. We delivered 16.9% revenue growth, expanded EBITDA margins to 12.9% and achieved a net-cash position, supported by a significant improvement in cash conversion. These milestones reflect our focus on operating discipline, capital efficiency and the quality of our growth.”
Looking ahead, the company remains focused on sustaining double-digit growth, maintaining margins in the low teens, improving returns on capital, and generating strong cash flows amidst a dynamic external environment.
Source: BSE
