Welspun Corp FY26 EBITDA at ₹2,371 Crore Surpasses Guidance; Recommends ₹5 Dividend
Welspun Corp's FY26 EBITDA reached ₹2,371 crore, exceeding its ₹2,200 crore guidance. Net cash stood at ₹1,627 crore, despite ₹2,532 crore in capex. The order book is approximately ₹25,350 crore. Q4 PAT increased 28% to ₹370 crore, and full-year PAT rose 42% to ₹1,613 crore. The Board recommended a dividend of ₹5 per share. FY27 revenue is guided at ₹20,000 crore and EBITDA at ₹2,850 crore.
The strong financial results, positive future guidance, and dividend announcement are likely to have a positive impact on the company's stock and investor confidence.
The announcement highlights strong financial performance, exceeding EBITDA guidance, a healthy order book, and increased PAT, along with a dividend recommendation.
Welspun Corp Limited (WCL) announced its consolidated financial results for the quarter and year ended March 31, 2026. The company's FY26 EBITDA stood at ₹2,371 crore, surpassing the guidance of ₹2,200 crore, with an EBITDA margin of 14% and ROCE at 22%. The net cash position strengthened to ₹1,627 crore despite capex investment of ₹2,532 crore. Operating Cash Flow (OCF) and Free Cash Flow (FCF) generation improved to ₹3,204 crore and ₹672 crore respectively for FY26. The company maintained an all-time high order book of approximately ₹25,350 crore, including line pipes, ductile iron pipes, and stainless steel bars & pipes. Q4 & full-year FY26 PAT after exceptional items increased by 28% and 42% y-o-y to ₹370 crore and ₹1,613 crore respectively. The Board has recommended a dividend of ₹5 per equity share (100%) of the face value of ₹5 each. For FY27, the company provided guidance of revenue at ₹20,000 crore and EBITDA at ₹2,850 crore.
Mr. Vipul Mathur, MD & CEO, Welspun Corp Ltd., stated that the company delivered a strong operational and financial performance for the year, surpassing its full-year EBITDA guidance while maintaining a healthy balance sheet and improved cash generation. He added that their robust order book provides medium- to long-term visibility and that the current global geopolitical environment has created near-term supply chain disruptions across markets but is also opening new opportunities for globally diversified manufacturers like them.
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Welspun Corp Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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