Welspun Enterprises Limited — Investor Meet, 21-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Welspun Enterprises reported Q4 FY26 consolidated revenue of INR 1,199 Cr (+14% YoY) and EBITDA of INR 272 Cr (+31% YoY), with margins at 22%. Profit after tax grew 54% to INR 163 Cr. For FY26, revenue was INR 3,615 Cr, and EBITDA rose 16% to INR 845 Cr, yielding a 23% margin, exceeding prior guidance. The company maintains a strong cash balance of INR 1,728 Cr with low net debt.

The consolidated order book stands at approximately INR 20,000 Cr, with over INR 10,000 Cr added in FY26, including the Pune-Shirur Elevated Road (project cost ~INR 7,300 Cr, EPC value ~INR 5,400 Cr) and Panjarpur water treatment project. Management targets 15-20% revenue growth for FY27 and 18%+ EBITDA margins, noting potential near-term challenges from geopolitical situations and supply chain. Key projects like Dharavi WWTF and Bhandup WTP are progressing. The company plans to monetize Aunta-Simaria in H1 FY27, aligning with its asset-light strategy. An enabling resolution for a INR 1,000 Cr fundraise is in place, but no immediate fund-raise is planned. The management projects FY27 order inflows of INR 8,000-10,000 Cr. Management expressed confidence in its resilience and execution capabilities for sustained long-term value creation.