Welspun Corp Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
WELCORP · price
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Welspun Corp reported consolidated revenue of Rs 16,770.14 crores for FY2026, up 20% from Rs 13,977.54 crores in FY2025, driven by strong steel products segment performance. However, net profit after tax declined to Rs 1,620.49 crores from Rs 1,902.28 crores (down 14.8%) due to absence of exceptional items recorded in FY2025 (Rs 476.50 crores from NSPL divestment). EBITDA margin expanded from 14.08% to 15.63%, showing improved operational efficiency. Finance costs reduced significantly from Rs 319.65 crores to Rs 212.17 crores. The board declared a final dividend of Rs 5 per share (100%). Completed capability enhancement at Anjar (hybrid facility) and additional coating capacity at Bhopal (3 million sqm p.a.). Sold 26% stake in Clean Max Dhyuthi to promoter group for Rs 760 lakhs. Auditor gave unmodified (clean) opinion.
Revenue growth of ~20% YoY is positive, but PAT decline due to non-recurrence of prior year exceptional gains may disappoint near-term investors. Improved EBITDA margins and lower debt costs indicate better operational health. Dividend declaration shows board confidence.