Welspun Corp Ltd has announced a robust performance for the fiscal year ending March 31, 2026, delivering FY26 EBITDA of Rs 2,371 crore, which surpassed its initial guidance of Rs 2,200 crore. The company reported a strong 42% year-on-year growth in annual Profit After Tax (PAT) to Rs 1,613 crore. With an all-time high order book of approximately Rs 25,350 crore, Welspun remains well-positioned for continued growth in the global infrastructure sector.
Annual Financial Highlights
For the financial year 2026, Welspun Corp demonstrated strong operational efficiency and financial health. The company achieved Revenue from Operations of Rs 16,770 crore, representing a 20% year-on-year increase. EBITDA margins remained healthy at 14%, while the Return on Capital Employed (ROCE) reached 22%. Notably, the company strengthened its net cash position to Rs 1,627 crore, even after executing a significant capital expenditure of Rs 2,532 crore during the year.
Strategic Growth and Outlook
Looking ahead to FY27, the company has set ambitious guidance, targeting Revenue of Rs 20,000 crore and EBITDA of Rs 2,850 crore. Management noted that the current geopolitical environment, while presenting supply chain challenges, has opened new opportunities for growth in energy security projects globally. The board has also recommended a dividend of Rs 5 per equity share, reflecting a 100% payout of the face value.
Segment and Global Market Performance
Welspun’s business environment remains favorable across its key segments. The Line Pipes division benefits from strong multi-year demand in the USA due to LNG and AI-linked power requirements, and significant investments in KSA’s infrastructure. The company’s associate in KSA, East Pipes Integrated Company for Industry, delivered its highest-ever profitability during the year. Furthermore, the Sintex brand saw successful premiumization efforts with the launch of the 50-year warranty Eterno tank, alongside a broader expansion of its pipe business across 10 states in India.
Source: BSE
