Welspun Corp Ltd has announced its consolidated financial results for the quarter and year ended March 31, 2026. The company achieved a strong performance, surpassing its full-year EBITDA guidance with a reported Rs 2,371 crore in EBITDA. With an all-time high order book of approximately Rs 25,350 crore and a strengthened net cash position, the company is well-positioned for sustained growth in the global infrastructure and energy sectors.
Financial Performance Highlights
For the fiscal year 2026, Welspun Corp reported a 20% year-on-year revenue growth to Rs 16,770 crore. The company’s EBITDA rose to Rs 2,371 crore, representing a 28% increase compared to the previous year, while the profit after tax (PAT) reached Rs 1,613 crore, marking a 42% growth on a year-on-year basis without exceptional items. The Board has recommended a dividend of Rs 5 per equity share.
Strategic Growth and Operational Milestones
The company continues to maintain a healthy balance sheet, achieving a net cash position of Rs 1,627 crore despite a substantial capex investment of Rs 2,532 crore. The net working capital remained negative, reflecting strong cash generation capabilities. A key highlight is the record-high order book of ~Rs 25,350 crore, which provides robust medium-to-long-term visibility across its diverse business verticals, including line pipes, ductile iron pipes, and stainless steel bars and pipes.
Market Outlook and Future Guidance
Welspun Corp remains optimistic about the global demand for energy security and water infrastructure. The company has provided guidance for FY27, projecting revenue of Rs 20,000 crore and EBITDA of Rs 2,850 crore. Key growth drivers include rising LNG demand, power requirements for AI data centers, and significant investments in water infrastructure projects across India, the USA, and the Middle East.
Focus on Sustainability and Innovation
The company continues to prioritize sustainable growth, underscored by its ranking as 5th globally and 2nd in India among steel companies in the S&P Global Corporate Sustainability Assessment. Innovations such as the 50-year warranty Sintex Eterno tank and digital investments in AI highlight the company’s focus on premiumization and operational efficiency as it scales its operations globally.
Source: BSE
