
Welspun Corp Ltd Announces Q3FY26 Results: Stellar Performance, Consistent EBITDA Growth, and Healthy Balance Sheet
Welspun Corp Ltd (WCL) announced its consolidated financial results for the quarter ended December 31, 2025. The company reported a consistent EBITDA growth for the eighth consecutive quarter, with EBITDA at Rs 645 crore. WCL maintained a record high order book of ~Rs 23,600 crore, including line pipes (India & US), ductile iron pipes, and stainless steel bars & pipes. The US mill booked through FY28, indicating strong demand visibility in the USA. Q3FY26 total income was up ~25% YoY and EBITDA was up ~35% YoY. Despite ~Rs 1,722 crore capex, the net cash position was maintained with Rs 132 crore cash balance. The company is focusing on core products and geographies- India, USA, & KSA, and all strategic projects are progressing well.
Key Highlights
- EBITDA at Rs 645 crore, marks eight consecutive quarters of consistent growth
- Maintained record high order book of ~Rs 23,600 crore, including line pipes (India & US), ductile iron pipes, and stainless steel bars & pipes
- US mill booked through FY28, indicating strong demand visibility in the USA
- Q3FY26 total income up ~25% YoY and EBITDA up ~35% YoY
- Net cash position maintained with Rs 132 crore cash balance