Welspun Corp Limited Q1 FY26 Results

Summary

Welspun Corp Ltd announced its consolidated financial results for the quarter ended June 30, 2025. The company reported a highest-ever quarterly EBITDA of Rs 560 Crore and a robust order book worth ~Rs 19,000 Crore. The financial performance is in line with the full year FY26 guidance. The company maintained a net cash position with Rs 600 Crore of Cash & Bank Balance.

Key Highlights

1. 1

   Q1FY26 EBITDA stood at Rs 560 Crore- highest ever quarterly EBITDA

2. 2

   Total Income grew by ~13% YoY, EBITDA rose by ~35% YoY while, PAT jumped by 41% YoY

3. 3

   Robust order book worth ~Rs 19,000 Crore including line pipes (India & US), ductile iron (DI) pipes and stainless steel bars & Pipes

4. 4

   US mill is booked for next 2 years

5. 5

   In spite of capex spend of ~Rs 450 Crore during Q1, maintained Net Cash position with Rs 600 Crore of Cash & Bank Balance

6. 6

   Strong focus on core geographies and core products continues

7. 7

   Associate company, East Pipes Integrated Company for Industry (EPIC) in KSA delivered strong performance

8. 8

   Market outlook in USA remains robust

9. 9

   Domestic line pipes business performance has been strong

10. 10

    Sintex: Pipes launched in May’25 at Chhattisgarh. Bhopal plant for OPVC pipes to be operational from Q2 FY26