Press Release and Investor Presentation
Awaiting price reaction for this filing.
Welspun Corp reported FY25 consolidated revenue of INR 14,167 Crore (down 19.4% YoY) but EBITDA rose 3% to INR 1,858 Crore, beating its guidance of INR 1,700 Crore. Net profit jumped 72% to INR 1,908 Crore, helped by exceptional items of INR 843 Crore (from stake sales in Nauyaan Shipyard and EPIC). Q4FY25 EBITDA grew 22% YoY to INR 502 Crore with PAT of INR 698 Crore (up 2.6x). The company has a strong order book of INR 19,553 Crore, with the US mill booked for the next 8 quarters. The board recommended a dividend of INR 5 per share (100%). FY26 guidance targets revenue of INR 17,500 Crore, EBITDA of INR 2,200 Crore, ROCE above 20%, and Net Debt/EBITDA below 1x.
Positive for shareholders — the company beat its EBITDA guidance, turned net cash (with INR 1,049 Crore net cash position), gave strong FY26 growth guidance, and declared a 100% dividend. The robust order book and capacity expansion across India, USA, and KSA support continued growth visibility.