Welspun Corp Q3 FY26: Revenue up 25% YoY, PAT dips on base effect

Revenue Growth 20pctEbitda Margin ExpansionResults View source PDF Explain this filing

WELCORP · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹741.25

prior close

₹744.90

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.9%-2.4% vs market

Iron & Steel Products peers, median of 93sector+0.0%-1.5% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Smallcap 250 and 1.5 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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Sessions after the filingfrom the prior close

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Reaction day

-1.5+0.9-2.4+0.0-1.5

Next day

+2.2-0.8+3.0-1.0+3.2

+9.1+2.1+7.0+1.0+8.1

+9.8+2.9+6.9+2.3+7.5

+12.9+1.8+11.0+1.4+11.5

+11.2+1.5+9.7+1.4+9.7

+12.6+4.6+8.0+3.6+9.0

15d

+6.0+2.1+3.9+0.5+5.5

+10.4-0.3+10.7-1.2+11.5

+9.3-8.6+17.9-9.0+18.3

+70.7+7.0+63.6+8.7+62.0

UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Consolidated revenue grew 25% YoY to Rs 4,532 cr in Q3 FY26. PAT fell 32% to Rs 456 cr vs Rs 672 cr in Q3 FY25, which had a one-time gain of Rs 378 cr from sale of EPIC shares. On a 9-month basis, revenue rose 24% to Rs 12,458 cr and PAT grew 4% to Rs 1,249 cr. EBITDA margin expanded to 15.77% from 14.18%. Debt to equity improved to 0.17 from 0.33.

Likely market impact

Strong revenue growth and margin expansion. PAT dip is due to absence of prior-year one-time gain. Balance sheet healthier. New Labour Codes added Rs 25 cr to costs.