Welspun's Profit in March Quarter Up More Than Twofold; Declares Rs. 5 Per Share Dividend
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
Mumbai, May 29, 2025: Welspun Corp Ltd (BSE: 532144, NSE: WELCORP), a leading global pipe and building materials manufacturer, announced its audited financial results for the fiscal year and Q4 ended March 31, 2025. The company delivered a strong performance, with net profit soaring to ₹1,908 crore for FY25 and a final dividend of ₹5 per equity share being declared.
Consolidated Financial Performance
| Particulars | Q4 FY25 | Q4 FY24 | YoY % | FY25 | FY24 | YoY % |
|---|---|---|---|---|---|---|
| Total Income (₹ Cr) | 3,967 | 4,544 | -12.7% | 14,167 | 17,582 | -19.4% |
| EBITDA (₹ Cr) | 502 | 413 | 21.5% | 1,858 | 1,804 | 3.0% |
| Net Profit (₹ Cr) | 698 | 268 | 2.6x | 1,908 | 1,110 | 71.8% |
| EBITDA Margin (%) | 12.7% | – | – | 13.1% | – | – |
| EPS (₹) | 26.5 | 10.2 | 2.6x | 72.4 | 42.3 | 71.2% |
Welspun exceeded its EBITDA target of ₹1,700 crore, achieving ₹1,858 crore, with ROCE reaching 21% for the second year. Exceptional gains of ₹843 crore were recorded from stake sales and asset revaluations.
Segment-Wise Sales Volumes (FY25)
| Segment | Sales Volume |
|---|---|
| Line Pipes | 851 KMT |
| Ductile Iron Pipes | 272 KMT |
| Stainless Steel Bars | 18.9 KMT |
| Stainless Steel Pipes | 4.8 KMT |
| TMT Rebars | 211 KMT |
Robust Order Book
Welspun holds a consolidated order backlog of over ₹19,500 crore, including 1,093 KMT of line pipes, 353 KMT of DI pipes, and 9,025 MT of stainless steel bars and pipes.
Strategic Updates
- Dividend: ₹5 per equity share (100% of face value)
- Debt: Net cash position of ₹1,049 Cr; gross debt reduced by ₹1,000 Cr despite ₹900 Cr capex
- FY26 Guidance: Revenue of ₹17,500 Cr; EBITDA of ₹2,200 Cr; Net Debt/EBITDA to stay below 1.0x
Market Presence & Projects
Welspun strengthened its operations across India, the USA, and KSA:
- India: Driven by government spending on oil & gas, water, and gas distribution
- USA: Secured ₹12,000 Cr in orders, 8 quarters of capacity booked
- KSA: Pipeline and DI pipe demand supported by Vision 2030
Ongoing projects include:
- ₹1,075 Cr LSAW & DJ Coating plant (USA)
- ₹1,660 Cr DI & LSAW plant (KSA)
- Bhopal coating & spiral plants
- Expansion in Sintex plastic pipes and OPVC product lines
ESG Achievements
- Ranked top 10 globally in steel sector ESG (S&P score: 72)
- Targets carbon and water neutrality by 2040
- Named among India’s Best Workplaces in Manufacturing 2025
Management Statement
The company highlighted strong execution across all verticals, attributing its success to focused strategies, digital transformation, and ESG alignment, positioning itself for sustainable growth.
Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. Please read the offer documents carefully before investing. Investments are subject to market risks and other risks. There is no guarantee of the actual returns that will be given.
https://nsearchives.nseindia.com/corporate/WELCORP_28052025210157_PressReleaseAndPresentation.pdf
