Welspun Corp Limited
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5turns
0analyst exchanges
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Key numbers — 40 extracted
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Guidance — 3 items
Ref.
opening
“ISIN: INE191B01025 This is reference to our letter dated November 10, 2025, attached is the investor presentation of the Company, which will be made during investor meeting.”
Ref.
opening
“These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “forecast,” “project,” “anticipate,” “likely,” “target,” “expect,” “intend,” “strategy,” “synergies,” “opportunities,” “trends,” “future,” “continue,” “seek,” “believe,” “plan,” “goal,” “could,” “should,” “would,” “may,” “might,” “will,” “potentially,” “outlook” or words of similar meaning.”
Credit Rating by CRISIL and CARE
opening
“DJ and Coating Impeccable quality track record *Upcoming Total potential of 8 to 9 pipelines: 8,000 to 9,000 Miles 15 USA: DATA CENTRES • Medium term requirement for NG - 8 to 10 bcfd • This will require dedicated 4 to 5 pipelines AI Data Centers Servers 16”
Speaking time
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Opening remarks
Ref.
Analyst / Institutional Investor meeting - Investor Presentation of the Company. a. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”) b. ISIN: INE191B01025 This is reference to our letter dated November 10, 2025, attached is the investor presentation of the Company, which will be made during investor meeting. The Welspun World Investor Day is scheduled from 9:00 a.m. to 5:00 p.m., wherein registration and breakfast will take place from 9:00 a.m. to 11:00 a.m., followed by the presentations commencing at 11:00 a.m. and subsequent sessions as per the event agenda. The same is for your information and record, please. Thanking you. Yours faithfully, For Welspun Corp Limited Kamal Rathi Company Secretary and Compliance Officer ACS - 18182 Investor Day Presentation 13th November, 2025 DISCLAIMER its accuracy, fairness or completeness is not guaranteed and has not been independently
Note
Only key line items of Consolidated P&L are shown above; Total income includes Other income 6 NET DEBT / (CASH) PARTICULARS (INR Cr) H1FY26 Gross Debt Cash & Bank Net Debt/ (Cash) Net Debt/ EBITDA 1,366 1,376 (11)* (0.0) FY25 924 1,973 (1,049) (0.6) *After Capex spent of ~INR 950 Cr in H1FY26 & ~INR 900 Cr in FY2025 7 EBITDA GROWTH WITH MARGIN IMPROVEMENT EBITDA (INR Cr) EBITDA Margin 626 560 462 478 502 416 15.0% 13.3% 10.4% 8.2% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 FY23 FY24 FY25 H1FY26 8 HEALTHY BALANCE SHEET Net Debt / (Cash) (INR Cr) Net Debt/ EBITDA 1,138 387 1.41 FY23 FY24 FY25 -11 H1FY26 FY23 0.21 FY24 -0.01 H1FY26 FY25 -0.56 -1,049 H1FY26 Net Debt post capex spent of ~INR 950 Cr & ~INR 900 Cr in FY2025 For H1FY26 Net Debt/ EBITDA- TTM EBITDA Considered 9 ROCE IMPROVEMENT 23.5% 20.0% 21.0% 7.9% FY23 FY24 FY25 H1FY26 *Annualized ROCE for H1FY26 10 FINANCE COST: SIGNIFICANT REDUCTION 83 82 88 66 63 49 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 (In INR Cr) 11 DELIVERY ON GUIDA
Credit Rating by CRISIL and CARE
Long term facility: AA+ with Stable Outlook Short term facility: A1+ (Highest Safety) 13 ORDER BOOK Businesses Line Pipes (India + USA) DI Pipes Stainless Steel Bars & Pipes Volume ~1,250 KMT ~355 KMT ~6,950 MT Total Order Book Value stands at ~INR 23,500 Cr Line Pipes figures are excluding EPIC, KSA; Order Book as on 30th October, considering execution till 30th September 14 PIPES: USA WCL STRENTGH GROWTH DRIVERS A. LNG Exports and Permian Play 350 HSAW + 350 HFIW + 300 = >1MN MT LSAW* TOTAL B. LNG Terminals Capacity (KMTPA) C. NGL (Natural Gas Liquids) Largest player in USA D. Data Centres Only player offering Pipes 6” to 60” OD incl. DJ and Coating Impeccable quality track record *Upcoming Total potential of 8 to 9 pipelines: 8,000 to 9,000 Miles 15 USA: DATA CENTRES • Medium term requirement for NG - 8 to 10 bcfd • This will require dedicated 4 to 5 pipelines AI Data Centers Servers 16
Value Chain
Line Pipes Power Plant & Turbines EPC PIPES: KSA Capacity (KMTPA) 500 + HSAW (EPIC) 350 LSAW* + 250 DIP* = >1MN MT TOTAL Largest player in KSA Greenfield projects: Both of them to be operational by Q1FY27 Impeccable track record with Aramco DIP size range up to DN 2600 (very few plants in the world) *Upcoming Map not to scale, only for representation purpose. Welspun Presence 17 KINGDOM OF SAUDI ARABIA: VISION 2030 New Energy: capture 25% of the global hydrogen demand by 2030 Oil for Exports and NG for Domestic Consumption Gas Production Water Transmission Water Distribution Export Opportunity 4,000 KM of Pipelines for O&G 2,000 KM of Large Dia Transmission Lines (HSAW) for Desalinated water Import Substitution of 200 KMT of DIP for Infra, Sewage and Water Distribution 18 PIPES: INDIA Capacity (KMTPA) 765 HSAW + 350 LSAW + 200 ERW + 600 DIP = ~2MN MT TOTAL i. Offering full range of pipes: 1.25” to 144” OD along with all types of coatings ii. Largest exporter o