WELENTBSEWelspun Enterprises LtdMediumNeutral
Announced Thu, 14 May · 20:27 IST

Please find attached Investor Presentation on the Audited Financial Results for the quarter and year ended March 31, 2026

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

WELENT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹516.50
prior close
₹528.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-3.2-3.0-2.8-5.5-5.0-5.5-4.1-2.2-1.2+2.7+8.8+21.4
Up moveDown movePending
AI summary

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.

Likely market impact

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.