Welspun Enterprises (WEL) announced its unaudited financial results for Q3 and the nine months of FY26, showcasing robust EBITDA margins. Consolidated EBITDA for 9MFY26 stood at ₹573 Cr with a margin of 23.1%. Despite some revenue setbacks due to weather and clearance delays, the company maintains a strong balance sheet with cash and equivalents of approximately ₹1,400 Cr. CRISIL also revised its outlook to Positive.
Financial Highlights for Q3 & 9MFY26
Welspun Enterprises reported its financial performance for the quarter and nine months ending December 31, 2025. Here are the key consolidated figures:
- Revenue from Operations: ₹787 Cr (Q3FY26) vs ₹896 Cr (Q3FY25)
- EBITDA: ₹573 Cr for 9MFY26, with a margin of 23.1%
- Strong Balance Sheet: Approximately ₹1,400 Cr in cash and cash equivalents
Despite some revenue setbacks, the company shows strong financial management and operational efficiency.
Management Outlook
Sandeep Garg, Managing Director, commented on the results, noting a 10% year-on-year growth in consolidated EBITDA for the nine-month period. He indicated that extended monsoons and statutory clearance delays have impacted revenue for FY26, now expected to be in the range of ₹3,600–3,700 crores. However, the company aims to achieve its full-year EBITDA target.
Order Book and Future Growth
Welspun Enterprises is targeting order book additions of approximately ₹12,000 crore in FY26. Expected projects, including the Panjrapur award and Pune-Shirur project, are anticipated to add over ₹10,000 crores, potentially leading to a total order book exceeding ₹20,000 crores by the end of FY26.
Standalone Financial Performance
The standalone financial results also reflect a solid performance:
- Revenue from Operations: ₹589 Cr for Q3 FY26
- EBITDA Margin: 17.74% for 9MFY26
- Net Worth: ₹3,113 Cr as of December 31, 2025
This data showcases a healthy financial position with strong profitability and efficient capital management.
Source: BSE
