Welspun Corp Ltd

Welspun Corp Earnings Call Transcript: Key Takeaways

Welspun Corp delivered record Q2 EBITDA despite domestic headwinds, shifting focus toward robust US and Saudi markets.

Welspun Corp Results Update

Welspun Corp posted Q2FY27 EBITDA of Rs 782 crore, up 25% YoY. Record order book of about Rs 50,000 crore and new overseas capacity were also announced.

Welspun Corp Acquisition Worth ₹0 Cr

Welspun Corp will buy 0.49% of Welspun Special Coating for Rs 49,000 cash, a related-party deal. It supports a pipe coating joint venture with Perma-Pipe.

Value

₹0.00 Cr

Execution

On or before 30 November 2026

Welspun Corp Acquisition

Welspun Corp will acquire 49% of Welspun Special Coating Pvt Ltd, a step-down subsidiary, for ₹49,000 in cash, to form a pipe-coating JV with Perma-Pipe. The deal is a related-party transaction, expected to complete by 30 November 2026.

Execution

On or before 30th November, 2026

Welspun Corp Management Change

Welspun Corp re-appointed two non-executive independent directors, Manish Chokhani and Anjani Kumar Agrawal, for 48-month terms. The re-appointments take effect in 2027.

Welspun Corp Investor Presentation: Key Takeaways

Q2 FY27 revenue INR 4,644 cr (+6%), EBITDA 782 cr (+25%), PAT 499 cr (+13%). H1 PAT 1,545 cr incl. one-time gain. Record INR 50,000 cr order book; USA and Jordan capacity expansion.

Welspun Corp Q2 FY27 Results: Net Profit ₹495.1 Cr, Up 11.6% YoY

Welspun Corp Ltd reported revenue from operations of ₹4,644 Cr (+6.2% YoY) and net profit of ₹495.1 Cr (+11.6% YoY) for Q2 FY27.

Key figure

Net profit ₹495.1 Cr · +11.6% YoY

Welspun Corp Board Meeting Date

Welspun Corp Limited intimated a board meeting on 29 October 2026 to consider unaudited standalone and consolidated quarterly results for September 2026. Trading window closes 1 to 31 October 2026.

Welspun Corp Bags ₹5,500 Cr Order from A major midstream company

Welspun Corp's US subsidiary secured a ~₹5,500 crore order to supply coated line pipes for a Permian natural gas pipeline in the USA. Execution scheduled during FY29.

Value

₹5,500 Cr

From

A major midstream company

Execution

FY29

Order book

₹50,000 Cr

Welspun Corp Other Announcement

The company has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31(1)(b) requirements.

Welspun Corp Credit Rating

CARE Ratings has reaffirmed the ratings for Welspun Corp's debt instruments and bank facilities. The long-term bank facilities rating has been withdrawn as requested.

Welspun Corp Merger & Restructuring

Welspun Corp's step-down subsidiary, Welspun Global Holdings, incorporated a new wholly-owned subsidiary named 'Welspun Global Jordan' in Jordan to expand its manufacturing operations.

Welspun Corp Merger & Restructuring Worth ₹0.01 Cr

Welspun Corp's subsidiary, Welspun DI Pipes Limited, has incorporated a new step-down wholly owned subsidiary named Welspun Special Coating Private Limited.

Value

₹0.01 Cr

Welspun Corp Merger & Restructuring

Welspun Corp Ltd has extended the timeline for its acquisition of a 2.57% stake in subsidiary Welspun Mauritius Holdings Limited to on or before 31 March 2027.

Welspun Corp Bags ₹4,000 Cr Order

Welspun Corp's subsidiary secured a record HFIW pipe order valued at ₹4,000 crore. The order will be executed from their US facility during FY28 and FY29.

Value

₹4,000 Cr

Execution

FY28 and FY29

Order book

₹45,000 Cr

Welspun Corp Bags ₹2,000 Cr Order

Welspun Corp Ltd secured an international order worth ₹2,000 Crore. The counterparty is confidential, and the contract falls within the ordinary course of business.

Value

₹2,000 Cr

Welspun Corp Business Update

Welspun Corp's associate, East Pipes Integrated Company, secured a contract from Saudi Aramco valued at approximately ₹2,000 Crore. This project will be executed over six months.

Value

₹2,000 Cr

From

Saudi Arabian Oil Co. (Aramco)

Execution

6 months

Welspun Corp Merger & Restructuring

Welspun Corp Ltd's subsidiary, Welspun DI Pipes Limited, is incorporating a new wholly owned subsidiary, 'Welspun Special Coating Private Limited', to undertake pipe coating business activities.

Welspun Corp Partnership

Welspun Corp signed an MOU with Perma-Pipe to establish an integrated pipe manufacturing and coating platform in Jordan. This partnership supports regional infrastructure projects.

Welspun Corp Merger & Restructuring Worth ₹7.6 Cr

Welspun Corp Limited has cancelled the previously proposed sale of its 26% stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited.

Value

₹7.60 Cr

Welspun Corp Merger & Restructuring

Welspun Corp Ltd has completed the incorporation of its associate company, 'Welspun Slagexcel Private Limited', which will manufacture Ground Granulated Blast Furnace Slag (GGBS).

Welspun Corp Promoter Selling

Welspun Investments and Commercials Limited disposed of 60,00,000 equity shares (2.27%) of Welspun Corp Limited via block deal. The transaction reduces the promoter group's stake to 47.46%.

Welspun Corp Announces New Order Win

Welspun Corp Limited announced the receipt of a new order from an international client. The order details, including value, remain confidential at this stage.

Welspun Corp Business Update

Welspun Corp Ltd has announced the receipt of a new order from an international client. The financial value and specific contract terms were not disclosed.

Welspun Corp Bags ₹17,200 Cr Order

Welspun Corp secured its largest-ever order valued at ₹17,200 Crore for pipe supply from its USA facility. Execution is planned between FY 2028 and FY 2029.

Value

₹17,200 Cr

Execution

FY 2028 & FY 2029

Welspun Corp Credit Rating

CARE Ratings has reaffirmed the long-term bank facilities and non-convertible debentures of Welspun Corp Limited at 'CARE AA+; Stable'. Short-term facilities and commercial paper are rated 'CARE A1+'.

Welspun Corp Merger & Restructuring

Welspun Corp completed the acquisition of an additional 51% stake in Welspun Captive Power Generation Limited. This entity is now a subsidiary of the company.

Welspun Corp Earnings Call Transcript: Key Takeaways

Welspun Corp achieved its highest ever quarterly EBITDA of ₹756 crore, driven by a global footprint that insulates it from a muted domestic Indian market where fund constraints are impacting projects.

Welspun Corp Announces New Order Win

Welspun Corp Ltd received a new order from a confidential international entity. The announced value of the contract is ₹0.00.

Welspun Corp Bags ₹960 Cr Order

Welspun Corp received a new order worth Rs. 960 Crore for supplying Coated Line Pipes. This contract boosts the company's total order book to Rs. 25,750 Crore.

Value

₹960.0 Cr

Execution

FY27 and FY28