Investors Presentation
WELCORP · price
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Welspun Corp Ltd delivered strong Q4 & FY26 results, surpassing full-year EBITDA guidance of Rs 2,200 crore with actual EBITDA of Rs 2,371 crore. The company achieved 14% EBITDA margin (up from 13.1% in FY25) and 22% ROCE. PAT after exceptional items grew 42% y-o-y to Rs 1,613 crore. The balance sheet remains healthy with net cash position of Rs 1,627 crore despite capex investment of Rs 2,532 crore. Free cash flow generation improved to Rs 672 crore. The company maintains an all-time high order book of ~Rs 25,350 crore across line pipes, ductile iron pipes, and stainless steel products. FY27 guidance projects revenue of Rs 20,000 crore and EBITDA of Rs 2,850 crore.
Strong operational performance with margin improvement and robust cash generation indicates healthy business trajectory. The Rs 25,350 crore order book provides medium-to-long-term revenue visibility. FY27 guidance of 19% revenue growth and 20% EBITDA growth signals management confidence. Net cash position and negative working capital demonstrate solid financial discipline.