Welspun Corp Limited — PPTs, 30-01-2026: Investor Presentation

Welspun Corp delivered solid Q3 FY26 results. Total income surged 25% YoY to INR 4,532 Cr. Sales volumes saw strong growth across Line Pipes (+13%), DI Pipes (+39%), and Stainless Steel Pipes (+50%). Profit after tax was INR 453 Cr; excluding a significant one-time gain last year, this marks robust underlying growth.

The company's order book stands strong at ~INR 23,600 Cr. Growth is powered by massive demand from US LNG exports & AI data centers, Saudi Aramco's capex, and India's infrastructure push (natural gas, water). New ventures like KSA's greenfield DI pipe project and Sintex's 'Eterno' water tanks with a 50-year warranty are key recent developments.

Financially, EBITDA jumped 35% to INR 645 Cr, with 9M FY26 EBITDA margin at 14.7%. A strong balance sheet shows Net Debt/EBITDA at -0.06, reflecting ample cash. Annualized Return on Capital Employed (ROCE) hit an impressive 24.4%.

Management is upbeat, anticipating continued strong demand. They are tracking well to meet or exceed FY26 financial targets and are strategically focused on new energy pipelines and global water projects. The firm is also committed to Carbon and Water Neutrality by 2040, alongside a top ESG ranking in the steel sector.