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Earnings Call

Welspun Corp Earnings Call: Key Takeaways

Welspun Corp reported strong FY26 performance with ₹17,000 cr revenue and ₹2,371 cr EBITDA, surpassing initial guidance. Growth is driven by US energy pipelines and Middle East water infrastructure.

Why this was an Alfa AlertNot a filter event. FY26 EBITDA beat guidance by 7.7%, falling below the 10% materiality threshold.
Highlights
Revenue growthFY26 ₹17,000 cr; FY27 guidance ₹20,000 cr (17.6% growth).
MarginsEBITDA margin >14%; targeting margin accretion from new US/Saudi assets.
Order book₹25,000 cr ($2.5 billion); 2/3rd US, 1/3rd India.
Demand visibilityStrong 5-7 year pipeline for US LNG/Oil and Saudi water projects.
Management confidenceHigh; cited dominant US/Saudi positions and booked capacity through FY28.

Growth

FY26 PAT grew 42% YoY to ₹1,613 cr. EBITDA margin exceeded 14% with a 43% 4-year CAGR.

Outlook

FY27 guidance: ₹20,000 cr revenue and ₹2,850 cr EBITDA. Order book stands at ₹25,000 cr ($2.5 billion).

Risks

Geopolitical disruptions causing supply chain issues; muted near-term growth in India; overcapacity and payment delays in DI pipes.

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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