Q4 2026 Welspun Corp Ltd Earnings Call Transcript
Key Points
- Welspun Corp Ltd (BOM:532144) reported a significant year-on-year increase in PAT by 42%, reaching INR 1,613 crores.
- The company has a robust order book exceeding INR 25,000 crores, equivalent to $2.5 billion, indicating strong future revenue potential.
- Welspun Corp Ltd maintained its revenue guidance of INR 17,000 crores and surpassed its EBITDA guidance, achieving INR 2,371 crores.
- The company has a strong geographical presence, particularly in the US, Saudi Arabia, and India, which are experiencing strong demand for pipelines.
- Welspun Corp Ltd is a net cash company, demonstrating strong financial health despite ongoing capital expenditures.
- The Indian market has shown muted growth in the last two quarters, with expectations of continued slow growth due to shifting government priorities.
- There are concerns about overcapacity in the DI pipe business, which could impact profitability.
- Shipping costs have increased due to higher fuel and insurance costs, although existing contracts have mitigated the impact.
- The company faces competitive pressure in the Middle East from other Indian manufacturers entering the market.
- There is a lack of detailed order book breakdown in the presentation, which could limit transparency for investors.
Ladies and gentlemen, good day, and welcome to Welspun Corp Limited Q4 FY26 earnings conference call, hosted by 360 ONE Capital Market Private Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Sailesh Raja from 360 ONE Capital Market Private Limited. Thank you, and over to you, sir.
Yes. Thank you, Nitesh, and welcome, everyone, to the call. We would like to thank Welspun for giving 360 ONE capital, the opportunity to host this infection today.
Without taking much time, I would now like to invite Mr. Goutam Chakraborty to introduce the management team. Over to you, Goutam.
Thank you, Sailesh, and good afternoon to everyone. Welcome to Q4 and FY26 Earnings Call of Welspun Corp Limited. On this forum today, we have Mr. Vipul Mathur, Managing Director and CEO; Mr. Percy Birdy, Chief Financial Officer; and Mr.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
