Please find attached Investor Presentation on the Audited Financial Results for the quarter and year ended March 31, 2026
WELENT · price
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Welspun Enterprises reported strong Q4 FY26 consolidated results with revenue of ₹1,199 Cr (up 14% YoY) and EBITDA of ₹272 Cr (up 31% YoY), driving EBITDA margin to 22.0% versus 19.3% in Q4 FY25. For the full year FY26, consolidated revenue stood at ₹3,615 Cr (down 2% YoY) but EBITDA grew 16% to ₹845 Cr, with margin expanding by 350 bps to 22.8% — well above the ~19% range of the prior two years. PAT for FY26 was ₹393 Cr, up 11% YoY, with PAT margin at 10.6% vs 9.3% in FY25. The consolidated order book is ~₹19,739 Cr, providing strong multi-year revenue visibility. The balance sheet is healthy with net debt reduced to just ₹43 Cr (from ₹145 Cr in FY25) and standalone cash of ₹1,579 Cr with zero debt. The company has returned ~₹842 Cr to investors via buybacks and dividends over the last 8 years. Subsidiary Welspun Michigan Engineers (WMEL) posted 31% revenue growth at ₹874 Cr with 22% EBITDA margin.
Margin expansion of 350 bps and near-zero net debt reflect operational efficiency gains and a lean balance sheet. The ₹19,739 Cr order book (~5.5x FY26 revenue) provides multi-year revenue visibility, supporting continued earnings growth and potential re-rating of the stock.