Welspun Corp Ltd announced robust Q3FY26 results, demonstrating consistent EBITDA growth and a healthy balance sheet. The company reported EBITDA of ₹645 crore, marking eight consecutive quarters of growth, and an annualized ROCE of 24%. With a record order book of approximately ₹23,600 crore, Welspun Corp is poised to exceed full-year guidance for FY26, driven by strong demand and strategic expansions in core markets like India, USA, and KSA.
Financial Performance Highlights
Welspun Corp Ltd reported stellar Q3FY26 results, showcasing consistent growth and strong business performance:
- EBITDA reached ₹645 crore, marking eight consecutive quarters of consistent growth, with annualized ROCE at 24%.
- Total Income increased by approximately 25% year-over-year.
- EBITDA saw a significant rise of approximately 35% year-over-year.
- The company maintained a record high order book of approximately ₹23,600 crore.
Key Growth Drivers
The company’s performance was driven by the following key factors:
- Strong demand visibility in the USA, fueled by growing energy needs from AI data centers, creating new opportunities for line pipe applications.
- Continued focus on core products and geographies, specifically India, USA, and KSA.
- Improved performance from Welspun Specialty Solutions Ltd (WSSL), supported by strong customer engagement.
- Domestic Line Pipes business maintained strong performance.
Consolidated Financial Results
Here’s a summary of the consolidated financial performance for Q3FY26:
| Particulars (INR Cr) | Q3FY26 | Q3FY25 | YoY | Q2FY26 | QoQ |
| Total Income | 4,532 | 3,614 | +25% | 4,374 | +4% |
| EBITDA | 645 | 478 | +35% | 626 | +3% |
| Profit before tax and share of JVs | 502 | 305 | +65% | 493 | +2% |
| PAT after Minorities, Associates & JVs | 453 | 675 | -33% | 440 | +3% |
| EPS (Basic) | 17.2 | 25.7 | -33% | 16.7 | +3% |
Strategic Outlook
Welspun Corp remains committed to sustainability and creating value for stakeholders. The company’s strategic projects are progressing well, and it is focused on maintaining a strong balance sheet and prudent financial discipline.
Source: BSE
