Welspun Corp Limited — PPTs, 21-05-2026: Investor Presentation

Welspun Corp (WCL) delivered a strong Q4 & FY26, surpassing its full-year EBITDA guidance. FY26 Revenue grew 20% YoY to Rs 16,770 Cr, with PAT (excluding one-off items) up 42% to Rs 1,613 Cr. Key segments like DI Pipes (+26% volume) and Stainless Steel Bars (+44% volume) saw robust growth.

The company holds a strong order book of ~Rs 25,350 Cr, with its USA spiral mill booked through FY28. Growth is fueled by global energy security needs, higher oil prices boosting line pipe projects, and government focus on water infrastructure in India & KSA. Strategic capacity expansions for line pipes and a new DI plant in the US & KSA are set for FY27.

FY26 EBITDA reached Rs 2,371 Cr (14% margin), and ROCE hit 22.3%. WCL maintains a healthy net cash position of Rs 1,627 Cr despite significant capex, and improved operating cash flow to Rs 3,204 Cr. For FY27, WCL targets Revenue of Rs 20,000 Cr (+19%) and EBITDA of Rs 2,850 Cr (+20%), aiming for ROCE >20%.