Financial Results for the quarter and year ended 31st March 2026
WELCORP · price
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Welspun Corp reported consolidated revenue of Rs 16,770 crore for FY2026, up 20% from Rs 13,978 crore in FY2025, driven by strong steel products segment growth. However, net profit declined 14.8% to Rs 1,620 crore from Rs 1,902 crore in the prior year, impacted by higher material costs and increased employee expenses. Operating EBITDA margin expanded from 14.1% to 15.6%, showing improved operational efficiency despite lower profitability. The Board declared a dividend of Rs 5 per share (100% payout) subject to shareholder approval. The company also completed its Anjar hybrid manufacturing facility and Bhopal coating capacity expansion, and sold its 26% stake in Clean Max Dhyuthi to promoter group entity.
The 20% revenue growth is positive but the 15% PAT decline may create near-term pressure on the stock despite margin expansion and dividend declaration. Completed capex projects could support future revenue growth.