WELCORP NSE filing

Welspun Corp Q2FY27 EBITDA Surges 25% to ₹782 Cr; Order Book Hits Record ₹50,000 Cr

The RealCase readHigh impact Positive

Welspun Corp reported a record Q2FY27 EBITDA of ₹782 crore, up 25% YoY. H1FY27 EBITDA grew 30% to ₹1,538 crore, with PAT (excl. exceptional items) up 26% to ₹997 crore. The order book hit a record ₹50,000 crore. WCL is expanding USA pipe capacity by 225 KMTPA (US$115M) and setting up a Jordan plant (US$125M).

Why it matters

The announcement includes record financial performance metrics, a substantial increase in the order book, and significant capital expenditure plans for capacity expansion and new market entry, all of which are material to the company's future performance and valuation.

The market read

The company has reported record EBITDA, a significant increase in half-yearly EBITDA and PAT, a strengthened net cash position, and an all-time record high order book. Strategic expansions in the USA and Jordan further indicate positive future prospects.

Welspun Corp Ltd (WCL), the flagship company of Welspun World, announced its consolidated financial results for the quarter ended September 30th, 2026. The company reported a record EBITDA of ₹782 crore for Q2FY27, marking a 25% year-on-year increase. For the half-year ended H1FY27, EBITDA grew by 30% to ₹1,538 crore, and Profit After Tax (PAT) without exceptional items increased by 26% YoY to ₹997 crore. The Return on Capital Employed (ROCE) remained strong at 22.7%, and the net cash position further strengthened to ₹3,887 crore after incurring a capital expenditure of ₹1,616 crore.

The company's global order book reached an all-time record high of approximately ₹50,000 crore. To strengthen its manufacturing footprint and global presence, WCL is expanding its Spiral (HSAW) Pipe capacity by 225 KMTPA in the USA with a capital expenditure of US$115 million. Additionally, WCL is setting up a greenfield Spiral (HSAW) Pipe Plant along with a coating facility in Jordan through a joint venture with Perma Pipes Inc, at a total cost of US$125 million. The company is also acquiring a 49% direct stake in its step-down subsidiary Welspun Special Coating Private Ltd. for setting up an internal FBE coating plant in India, in partnership with Perma-Pipe.

Mr. Vipul Mathur, MD & CEO of Welspun Corp Ltd, highlighted the consistent performance in Q2FY27, with H1FY27 EBITDA growing by 30% against the full-year guidance of ₹2,850 crore. He noted the improvement in net cash position and strong ROCE, along with the record order book providing robust medium to long-term business visibility. Mathur also emphasized the strategic expansion in the USA and Jordan to capitalize on strong demand in these regions. The company remains focused on its core products, prudent capital allocation, customer relationships, innovation, and building organizational capabilities, with sustainability guiding its operations.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Welspun Corp Limited. Read the original for the full detail.

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