Welspun Corp Posts FY26 Results And FY27 Guidance

25 May 2026 CW Team

Welspun Corp Limited presented its results for the quarter and full year ended FY26, laying out operational metrics, financial performance and strategic guidance. The statement, prepared for investors, set out volumes across line pipes, ductile iron pipes and stainless steel products and reiterated expansion plans. All monetary amounts are expressed in billion (bn) after conversion from crore.

For the year ended FY26 the company reported revenue from operations of Rs 167.7 bn and EBITDA of Rs 23.71 bn, with an EBITDA margin of 14.0 per cent. Profit after tax after exceptional items was Rs 16.13 bn while profit without exceptional items was Rs 16.13 bn, reflecting underlying earnings growth. Free cash flow for FY26 was Rs 6.72 bn after capital expenditure of Rs 25.32 bn and the company reported net cash on the balance sheet.

Operationally line pipes volumes for the year were 954 KMT while ductile iron pipes rose to 342 KMT and stainless steel bars reached 27.2 KMT. TMT rebars volumes were 185 KMT, down 12 per cent year on year, and stainless steel pipes were 5.2 KMT. The company noted that capacity expansion projects in the United States and Saudi Arabia are planned for commissioning in FY27 to augment production.

Management issued guidance for FY27 with revenue targeted at Rs 200 bn and EBITDA guided at Rs 28.5 bn, implying growth of 19 per cent and 20 per cent respectively over FY26 actuals. The global consolidated order book stands at approximately Rs 253.5 bn, supporting near term visibility. The presentation also outlined sustainability goals including carbon neutrality and water neutrality by 2040 and highlighted the Sintex brand initiatives in tanks and pipes.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..