Welspun Corp Ltd. announced robust Q2FY26 results, highlighted by margin improvements and a record order book. EBITDA rose to ₹626 crore, marking six consecutive quarters of growth. The order book reached approximately ₹23,500 crore. Total income increased by 31% YoY and PAT grew by 53% YoY. The company maintains a strong balance sheet with net debt/EBITDA below zero.
Financial Highlights for Q2FY26
Welspun Corp Ltd. reported significant growth in its Q2FY26 results, driven by strong operational performance and strategic initiatives. Key highlights from the announcement include:
- EBITDA: Increased to ₹626 crore, demonstrating consistent growth over the past six quarters.
- Annualized ROCE: Achieved a rate of 24%.
- Order Book: Reached a record high of approximately ₹23,500 crore.
- Total Income: Grew by 31% YoY to ₹4,409 crore.
- EBITDA Growth: Increased by 36% YoY to ₹626 crore.
- PAT Growth: Increased significantly by 53% YoY to ₹440 crore.
- Finance Costs: Reduced by 41% YoY, contributing to improved profitability.
Segment Performance and Strategic Focus
The company’s strong performance was supported by its core products and strategic focus on key geographies, including India, the USA, and KSA. Key business updates include:
- East Pipes Integrated Company (EPIC): Associate company in KSA, delivered solid top-line growth and high profitability.
- Welspun Specialty Solutions Ltd (WSSL): Reported improved performance in stainless steel seamless pipes.
- Domestic Line Pipes: Maintained strong performance due to exports and better product mix.
- Sintex: Expanded footprint with new product launches and operational OPVC plant.
Consolidated Financial Performance
The following table summarizes the consolidated financial performance for Q2FY26:
Welspun Corp Ltd
reported Q2FY26 results, showcasing impressive growth and improved margins. EBITDA reached ₹626 crore, marking six consecutive quarters of consistent growth. The company’s strong order book and strategic focus on core products and key geographies contributed to the positive results.
Source: BSE
