Audited Financial Results for the quarter and year ended March 31, 2026 is attached
WELSPLSOL · price
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Welspun Specialty Solutions reported strong FY26 results with revenue from operations growing 22.4% to Rs 88,620 lakhs from Rs 72,372 lakhs in FY25. The company swung from a net loss of Rs 409 lakhs in FY25 to a net profit of Rs 2,267 lakhs in FY26. Quarterly Q4 FY26 revenue was Rs 21,975 lakhs with net profit of Rs 426 lakhs. EBITDA margin compressed slightly year-on-year from approximately 7.5% to 7.2%. Finance costs decreased significantly from Rs 4,397 lakhs to Rs 2,581 lakhs due to early redemption of preference shares. The company raised Rs 34,986 lakhs via a rights issue and redeemed Rs 5,090 lakhs of preference shares. Deferred tax assets stand at Rs 3,388 lakhs with no current tax paid. Statutory auditors BSR & Co. LLP issued an unmodified (clean) audit opinion with no qualifications.
The company returned to profitability with robust 22%+ revenue growth indicating strong demand for stainless steel products. Shareholders should note the clean audit opinion and debt reduction through rights issue proceeds, though EBITDA margin compression warrants monitoring.