| Revenue growth | EBITDA grew 35% YoY; highest ever quarterly performance reported. |
|---|---|
| Margins | US margins exceptionally high; US guidance is $300 per ton. |
| Order book | Record order book of ₹25,750 crore provides robust visibility. |
| Demand visibility | Strong US data center demand; muted Indian domestic demand. |
| Management confidence | Balanced, highlighting global resilience vs domestic Indian headwinds. |
Growth
EBITDA grew 35% YoY. Profitability is skewed towards the US line pipe market, which commands significant margin premiums.
Outlook
Order book stands at a record ₹25,750 crore ($2.7B). Management expects robust demand visibility into FY28 and FY29 from US data centers.
Risks
Domestic demand for DI pipes is stalling due to fund constraints and industry overcapacity. Geopolitical issues in Saudi Arabia remain a friction point.
Earnings Call Transcript filed with BSE, NSE: WELCORP. Summary written with AI assistance from the document.
Welspun Corp Ltd: key numbers
- Share price
- ₹2,704.60
- Market cap
- ₹71,345 Cr
- Revenue (annual)
- ₹16,770 Cr
- Net profit (annual)
- ₹1,613 Cr
- P/E (TTM)
- 30.9×Sector 18.2×
- Promoter holding
- 49.73%+0.00% QoQ
- FII holding
- 14.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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