Welspun Enterprises Posts 54% Profit Jump, Warns on Future Margins

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AuthorVihaan Mehta|Published at:
Welspun Enterprises Posts 54% Profit Jump, Warns on Future Margins
Overview

Welspun Enterprises reported a 54% profit jump in Q4 FY26, fueled by strong infrastructure work and a ₹20,000 crore order book. However, management is cautious about future EBITDA margins, guiding for over 18% due to costs rising faster than inflation adjustments. The company is also developing its oil and gas venture with Adani Group, aiming for production by 2028.

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Strong Quarter Driven by Infrastructure and Large Order Book

Welspun Enterprises saw significant operational momentum in the January-March 2026 quarter, with consolidated net profit soaring 54% year-on-year to ₹162.8 crore. Revenue from operations increased by 14% to ₹1,199.5 crore, boosted by improved execution in its transportation and water infrastructure segments.

The company maintained a substantial consolidated order book of nearly ₹20,000 crore, which includes ₹5,000 crore dedicated to operations and maintenance projects. This provides strong revenue visibility for upcoming periods.

Collections also improved in the fourth quarter, with over ₹100 crore received from pending Jal Jeevan Mission projects. These projects are expected to be fully completed and accounted for by the end of the 2026 calendar year. Additionally, labor availability has gradually improved, helping to ease previous supply chain concerns.

For the full fiscal year FY26, Welspun Enterprises reported consolidated revenue of ₹3,615 crore and an annual EBITDA of ₹845 crore, resulting in an EBITDA margin of 22.8% for the year.

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