Announced Thu, 21 May · 19:06 IST

Press Release and Investors Presentations on audited financial results for the quarter and year ended 31 March 2026

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsCfo Debt Reduction RoadmapInvestor Communications View source PDF

WELCORP · price

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Price reaction · full curve 14 horizons · vs prior close

-2.6%1-day move

₹1329.10

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₹1281.90

base price

After-mkt

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AI summary

Welspun Corp Ltd delivered strong FY26 results, beating its full-year EBITDA guidance of Rs 2,200 crore by reporting Rs 2,371 crore at 14% margin. PAT grew 42% YoY to Rs 1,613 crore. The company maintained an all-time high order book of ~Rs 25,350 crore covering line pipes, DI pipes, and stainless steel products, with USA spiral mill booked through FY28. Cash generation was robust with OCF of Rs 3,204 crore and FCF of Rs 672 crore despite capex of Rs 2,532 crore. The net cash position strengthened to Rs 1,627 crore. FY27 guidance targets revenue of Rs 20,000 crore and EBITDA of Rs 2,850 crore. The board recommended dividend of Rs 5 per share.

Likely market impact

The company surpassed guidance on all key metrics with a strong order book providing medium-term revenue visibility. FY27 targets imply ~19% revenue growth and ~20% EBITDA growth with ROCE above 20%.