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Earnings Call

Welspun Corp Earnings Call: Key Takeaways

Welspun Corp achieved FY26 revenue of ₹17,000cr and EBITDA of ₹2,371cr, exceeding its guidance of ₹2,200cr. Growth is driven by a massive $2.5 billion order book and structural shifts in the US/Middle East energy sectors.

Why this was an Alfa AlertEBITDA beat: Guided ₹2,200cr, achieved ₹2,371cr (7.7% beat above upper end). Management explicitly confirmed surpassing guidance.
Highlights
Revenue growthFY26 revenue hit ₹17,000cr, meeting company guidance exactly.
MarginsEBITDA margins exceeded 14%, surpassing the guided 20% ROCE target.
Order bookMassive order book of ₹25,000cr ($2.5 billion) providing multi-year visibility.
Demand visibilityStrong visibility in US gas/LNG and Saudi water infrastructure sectors.
Management confidenceHighly confident, citing 'paradigm shifts' and a strong 5-7 year outlook.

Growth

Strong 42% YoY PAT growth; EBITDA margins exceeded 14%. 43% CAGR growth in margins indicates high-quality operational scale.

Outlook

FY27 guidance set at ₹20,000cr revenue and ₹2,850cr EBITDA, reflecting a 20% YoY growth target.

Risks

Muted short-term growth in India due to shifting government priorities; potential supply chain disruptions in Middle East projects.

Source

Earnings Call filed with BSE, NSE: WELCORP. Summary written with AI assistance from the document.

Read the document ↗

Welspun Corp Ltd: key numbers

Share price
₹2,832.40
Market cap
₹74,716 Cr
Revenue (annual)
₹16,770 Cr
Net profit (annual)
₹1,613 Cr
P/E (TTM)
32.4×Sector 19.0×
Promoter holding
49.73%+0.00% QoQ
FII holding
14.61%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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08:28 IST NSE
New Order Win

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
22:00 IST BSE
New Order Win

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
21:41 IST NSE
Business Update

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
20:13 IST BSE
Merger & Restructuring

Welspun Corp Merger & Restructuring

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