ALFA Finder| Revenue growth | EBITDA grew 35% YoY; highest ever quarterly performance reported. |
|---|---|
| Margins | US margins exceptionally high; US guidance is $300 per ton. |
| Order book | Record order book of ₹25,750 crore provides robust visibility. |
| Demand visibility | Strong US data center demand; muted Indian domestic demand. |
| Management confidence | Balanced, highlighting global resilience vs domestic Indian headwinds. |
Growth
EBITDA grew 35% YoY. Profitability is skewed towards the US line pipe market, which commands significant margin premiums.
Outlook
Order book stands at a record ₹25,750 crore ($2.7B). Management expects robust demand visibility into FY28 and FY29 from US data centers.
Risks
Domestic demand for DI pipes is stalling due to fund constraints and industry overcapacity. Geopolitical issues in Saudi Arabia remain a friction point.
Earnings Call Transcript filed with BSE, NSE: WELCORP. Summary written with AI assistance from the document.
Welspun Corp Ltd: key numbers
- Share price
- ₹2,212.40
- Market cap
- ₹58,361 Cr
- Revenue (annual)
- ₹16,770 Cr
- Net profit (annual)
- ₹1,613 Cr
- P/E (TTM)
- 24.6×Sector 17.1×
- Promoter holding
- 47.46%-2.27% QoQ
- FII holding
- 23.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Welspun Corp Ltd
All →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.