Welspun Corp details strong performance, growth outlook at investor day

Welspun Corp Limited (WCL) announced its participation in the Welspun World Investor Day on November 13, 2025, featuring an investor presentation detailing its Q2FY26 operational and financial performance, growth strategies, and sustainability commitments. The event included presentations covering various Welspun Group entities.

WCL reported significant Q2FY26 financial growth, with Total Income reaching INR 4,409 Cr (up 31% YoY) and EBITDA at INR 626 Cr (up 36% YoY). PAT after Minorities, Associates & JVs also surged by 53% YoY to INR 440 Cr, while EPS increased by 52% YoY to INR 16.7. The company maintained a healthy balance sheet, achieving a net cash positive position with a net debt of (INR 11) Cr for H1FY26.

Operationally, Q2FY26 saw strong sales volumes across its core segments, with Line Pipes (India + USA) at 252 KMT (up 22% YoY) and DI Pipes at 79 KMT (up 22% YoY). The company also noted robust performance in Stainless Steel Bars and Pipes, with 7.1 KMT (up 81% YoY) and 1.7 KMT (up 30% YoY), respectively. Welspun Corp highlighted its track record of surpassing guidance, projecting FY26 revenue of INR 17,500 Cr and EBITDA of INR 2,200 Cr, with an ROCE exceeding 20%. The company boasts strong credit ratings of AA+ with a Stable Outlook for long-term facilities and A1+ (Highest Safety) for short-term facilities from CRISIL and CARE.

Strategic growth drivers include large diameter line pipes for LNG exports, Permian Play, and data centers in the USA, alongside ambitious projects in KSA, including 4,000 KM of pipelines for O&G and 2,000 KM of HSAW transmission lines. In India, growth is driven by LSAW and DIP exports, gas grid expansion, hydrogen pipelines, and water infrastructure. Welspun Corp also emphasized its strong ESG performance, ranking 6th among steel companies globally in 2024 by S&P Global DJSI ESG Ratings, and its "Great Place to Work" certification for two consecutive years.