Welspun Living Limited has announced its financial performance for Q4 FY26, reporting revenue of ₹2,451 crore, marking a 7.7% sequential growth. Amidst global challenges, the company maintained a strong EBITDA margin of 10.8% and significantly reduced its net debt by 52% YoY. Furthermore, the board has recommended a dividend of 10% and approved a share buyback of up to ₹252 crore to enhance shareholder value.
Financial Performance Overview
Welspun Living Limited concluded FY26 with a resilient performance, reporting a total revenue of ₹2,451 crore for the fourth quarter. Despite external headwinds, including global supply chain disruptions, the company successfully reduced its net debt to ₹775 crore, representing a significant 52% decrease compared to the previous year. EBITDA for the quarter stood at ₹265 crore, reflecting an 10.8% margin.
Strategic Shareholder Initiatives
The Board of Directors has demonstrated a commitment to shareholder returns through two major announcements. First, the company recommended a dividend of Re. 0.10 per equity share (10% of the face value) for FY26, subject to approval at the upcoming Annual General Meeting. Second, the company has approved a share buyback program to purchase 1,44,00,000 equity shares at a price of ₹175 per share, with a total outlay not exceeding ₹252 crore. The record date for the buyback is set for May 22, 2026.
Expansion and Leadership Changes
To bolster its sustainability efforts, the company has approved the acquisition of a 26% stake in CleanMax Dhyuthi Private Limited for ₹7.6 crore, aiming to secure renewable energy supply for its Vapi manufacturing facility. Additionally, the company announced leadership transitions: Mr. Keyur Parekh will assume the role of Whole-time Director effective June 1, 2026, succeeding Mr. Altaf Jiwani, who is stepping down as Whole-time Director and Chief Operating Officer.
Source: BSE
