Welspun Enterprises Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2026, for taking enabling approval in order to undertake fund raising
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Welspun Enterprises reported FY26 consolidated revenue of Rs. 3,615 Cr (down 2% YoY) but EBITDA grew 16% to Rs. 845 Cr with margins expanding 350 bps to 22.8%. PAT grew 11% to Rs. 393 Cr despite an exceptional loss of Rs. 49 Cr from Kutch oil block write-off. Q4FY26 showed strong momentum with 14% revenue growth and 31% EBITDA growth. The Board approved an enabling resolution for fund raising up to Rs. 1,000 Crore via private placement or QIP. Mr. Balkrishan Goenka was re-designated as Non-Executive Chairman (from June 1, 2026) and Mr. Sandeep Garg was re-appointed as Managing Director for 3 years. A final dividend of Rs. 3 per share is recommended. The order book stands at approximately Rs. 20,000 Crore (including O&M) with cash reserves of Rs. 1,728 Crore. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
Strong margin expansion and clean audit indicate healthy operational performance despite modest revenue decline. Fund raising approval provides capital for growth opportunities while the robust order book supports future revenue visibility.