Welspun Corp Ltd (WELCORP) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Welspun Corp Ltd on NSE and BSE, with an AI summary of each filing.
Resignation of Mr. Rakesh Mehta, CHRO as Senior Management Personnel of the Company
Change in Management · 03 Nov 2026, 12:11 am
Welspun Corp Announces Resignation of CHRO Rakesh Mehta Welspun Corp Limited announced that Mr. Rakesh Mehta has resigned from his position as Chief Human Resource Officer (CHRO) and Senior Management Personnel (SMP) citing personal reasons. His resignation is effective from the close of business hours on 2nd Nov'26. The company confirmed that Mr. Mehta will assist with a smooth transition, and the formal disclosure has been filed under SEBI Listing Regulations.
The audio recording of the conference call for Q2 & H1 FY27 is available on the website of the Company.
Audio / Video · 30 Oct 2026, 10:52 pm
Welspun Corp Releases Earnings Conference Call Audio Recording for Q2 & H1 FY27 Welspun Corp Limited announced on 30th Oct'26 that the audio recording for its Q2 and H1 FY27 earnings conference call is available for investors. In compliance with SEBI Listing Regulations, the company has uploaded the complete earnings discussion to its official website under the Investor Relations financial results section.
Press Release is attached.
Press Release · 29 Oct 2026, 10:03 pm
Welspun Corp Reports Record Q2FY27 EBITDA and ₹50,000 Crore Order Book Welspun Corp reported Q2FY27 consolidated revenue of ₹4,644 crore, up 6% YoY, and record EBITDA of ₹782 crore, up 25% YoY. PAT rose 13% YoY to ₹499 crore with ROCE at 22.7%. Its global order book reached an all-time high of ~₹50,000 crore, while net cash strengthened to ₹3,887 crore post ₹1,616 crore capex. The company announced a 225 KMTPA USA HSAW pipe expansion ($115M) and a Jordan greenfield JV plant ($125M) with Perma-Pipe, further expanding its global manufacturing footprint.
Investor Presentation is attached.
Investor Presentation · 29 Oct 2026, 8:25 pm
Welspun Corp Reports Strong Q2FY27 Results and Record Rs 50,000 Cr Order Book Welspun Corp reported Q2FY27 revenue growth of 6% YoY to INR 4,644 cr, with EBITDA rising 25% YoY to INR 782 cr and PAT up 13% YoY to INR 499 cr. H1FY27 EBITDA reached INR 1,538 cr (+30% YoY), tracking toward full-year guidance of INR 2,850 cr. The order book reached a record INR 50,000 cr ($5.2B), bolstered by major US wins. Net cash stood at INR 3,887 cr with ROCE at 22.7% as of 30th Sep'26. Expansion continues via new facilities in the US and Jordan.
Setting up of Additional Spiral Facility in US and Perma-Pipe and Welspun Corp Announce Partnership in Jordan to establish Pipe Manufacturing and Coating Facilities.
Others (Uncategorized) · 29 Oct 2026, 8:16 pm
Welspun Corp Approves Global Expansion Capex and JV Partnerships Welspun Corp's Board approved a USD 115 million capex via internal accruals to add 225 KMTPA HSAW pipe capacity at its Little Rock, USA plant, targeting operational readiness by Mar'28. Additionally, the company approved a ~USD 125 million joint venture (50:50) with Perma-Pipe in Jordan for spiral pipe manufacturing and coating facilities (24"–120"). Domestically, it formed a 49:51 JV with Perma-Pipe Qatar in WSCPL with up to ~Rs. 110 crore investment to execute internal fusion-bonded epoxy coating projects.
Setting-up IFBE Plant in India: Acquisition of 49% direct stake in Welspun Special Coating Private Limited ("WSCPL"), a step down wholly-owned subsidiary of the Company.
Others (Uncategorized) · 29 Oct 2026, 8:13 pm
Welspun Corp Approves Major Global Capex and Strategic JV Investments Welspun Corp's Board approved a USD 115 million internal-accruals-funded capex to add 225 KMTPA HSAW capacity in Little Rock, USA, operational by Mar'28. It also approved a 50:50 JV with Perma-Pipe for a USD 125 million spiral pipe and coating plant in Jordan, alongside an India JV in WSCPL (49% stake, up to Rs 110 crore total investment) for IFBE coating. For Q2 ended 30th Sep'26, consolidated revenue rose 6.18% YoY to Rs 4,643.72 crore, with net profit at Rs 495.09 crore.
Re-appointment of Independent Directors of the Company.
Change in Management · 29 Oct 2026, 8:09 pm
Welspun Corp Approves Strategic Capex, Global JVs, and Re-Appoints Independent Directors Welspun Corp's Board approved the re-appointment of Independent Directors Manish Chokhani and Anjani Kumar Agrawal for four-year terms starting Feb'27 and Apr'27, respectively. The Board cleared a USD 115m internal accruals-funded capex to add 225 KMTPA HSAW pipe capacity at Little Rock, USA by Mar'28. It also approved a 50:50 USD 125m JV with Perma-Pipe in Jordan for spiral pipe and coating facilities, alongside a 49:51 Indian IFBE coating JV requiring up to Rs 110 crore total investment.
Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026
Financial Result · 29 Oct 2026, 8:05 pm
Welspun Corp Limited has submitted to the Exchange, the financial results of the Company for the quarter and half year ended September 30, 2026.
Outcome · 29 Oct 2026, 8:01 pm
Outcome of the Board Meeting
Outcome · 29 Oct 2026, 7:59 pm
Welspun Corp Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) ■ Revenue: 4,644 (+6.2% YoY | +13.8% QoQ) ■ EBITDA: 727 (+22.9% YoY | +5.0% QoQ) ■ EBITDA Margin (%): 15.6 (+213 bps YoY | -131 bps QoQ) ■ PAT: 499 (+13.4% YoY | -52.4% QoQ) ■ EPS (INR): 18.9 (+13.2% YoY | -52.4% QoQ) Welspun Corp Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) Segmental Performance Steel products ■ Revenue: 4,462 (+5.6% YoY | +14.2% QoQ) ■ EBIT: 572 (+3.4% YoY | -4.5% QoQ) ■ EBIT Margin (%): 12.8 (-28 bps YoY | -252 bps QoQ) Others (including plastic products) ■ Revenue: 181 (+21.1% YoY | +3.5% QoQ) ■ EBIT: -43.5 (-53.8% YoY | -17.4% QoQ) ■ EBIT Margin (%): -24.0 (-510 bps YoY | -283 bps QoQ)
Q2 & H1 FY27 Earnings Conference Call Invite
Intimation · 30 Oct 2026, 12:00 pm
Welspun Corp Schedules Q2 and H1 FY27 Earnings Call Welspun Corp Limited will host an earnings conference call on 30th Oct'26 at 12:00 Hrs IST to discuss its financial performance for Q2 and H1 FY27. Organized by 360 ONE Capital Market Research, the call will feature senior management, including MD & CEO Vipul Mathur, CFO Percy Birdy, and Sintex Director Yashovardhan Agarwal, alongside investor relations heads. The session will cover operational and financial updates for the period.
Welspun Corp Limited has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 29 Oct 2026, 5:30 am
Welspun Corp Limited has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 29 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 29 Oct 2026, 5:30 am
Welspun Corp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve the Standalone and the Consolidated ....
Intimation · 29 Oct 2026, 5:30 am
Welspun Corp Schedules Board Meeting to Approve Q2 and H1 FY27 Results Welspun Corp Limited has scheduled a meeting of its Board of Directors on 29th Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. In accordance with the company's Code of Conduct for Trading in Securities, the insider trading window remains closed for designated persons, connected persons, and their immediate relatives until 48 hours post-announcement, reopening on 1st Nov'26 after remaining shut through 31st Oct'26.
Welspun Corp awarded a very large and prestigious Order Valued at approx Rs. 5,500 crores to supply coated line pipes for a Natural Gas Pipeline Project in USA
Others (Uncategorized) · 23 Oct 2026, 2:41 pm
Welspun Corp Secures ₹5,500 Crore US Pipeline Order, Global Order Book Hits All-Time High Welspun Corp’s US subsidiary, Welspun Tubular LLC, secured a ~₹5,500 crore order from a major midstream company to supply coated line pipes for a Permian Natural Gas pipeline project in the US. The pipeline will serve a tier-one hyperscaler data center complex, aligning Welspun with energy transmission and AI data center expansion. The contract will be executed from its US facility during FY29. Following this win, Welspun Corp's global order book reached an all-time high of approximately USD 5.25 billion (~₹50,000 crore).
Press Release issued by CARE Ratings for the Company''s Credit Ratings
Others (Uncategorized) · 17 Oct 2026, 1:13 am
CARE Reaffirms Welspun Corp’s Debt Ratings with Stable Outlook CARE Ratings reaffirmed Welspun Corp’s ratings at CARE AA+; Stable for NCDs (₹40 crore) and CARE A1+ for short-term facilities (₹5,984 crore) and CP (₹600 crore). In FY26, consolidated TOI hit ₹16,749 crore with PBILDT of ₹2,207 crore, as PBILDT/tonne rose to ₹14,413/tonne, propelled by high-margin US line pipes. Financial risk profile strengthened to a net cash position of ₹202 crore as of 31st Mar'26. The confirmed order book exceeded ₹42,000 crore as of 20th Aug'26, offering robust 18–24 month revenue visibility.
Sustainability Report for the Financial Year 2025-26
Others (Uncategorized) · 17 Oct 2026, 12:48 am
Welspun Corp Publishes Annual Sustainability Report for FY25-26 Welspun Corp Limited announced the publication of its Sustainability Report for FY25-26 on 16th Oct'26. The full report has been made accessible to stakeholders and the public on the company's official website, reflecting its ongoing Environmental, Social, and Governance (ESG) disclosures and compliance initiatives.
Update on the incorporation of a new step down wholly owned subsidiary in Jordan.
Others (Uncategorized) · 14 Oct 2026, 2:13 am
Welspun Corp Incorporates New Step-Down Wholly Owned Subsidiary In Jordan Welspun Corp's wholly-owned subsidiary, Welspun Global Holdings Limited (WGHL), incorporated a step-down wholly-owned subsidiary named Welspun Global Jordan (WGJ) on 12th Oct'26. WGJ has an initial paid-up share capital of JOD 50,000, fully subscribed by WGHL. The entity will manufacture, process, and fabricate iron and steel wires, tubes, pipes, and tubular products primarily used for water, gas, and oil transportation, along with undertaking casting and related industrial component manufacturing.
Update on the incorporation of a new step down wholly owned subsidiary
Others (Uncategorized) · 01 Oct 2026, 3:00 am
Welspun Corp Incorporates Step-Down Subsidiary Welspun Special Coating Welspun Corp's wholly-owned subsidiary, Welspun DI Pipes Limited (WDI), has incorporated a step-down wholly-owned subsidiary named Welspun Special Coating Private Limited (WSCPL) effective 17th Sep'26. WSCPL holds an initial paid-up share capital of Rs. 1,00,000, divided into 10,000 equity shares of Rs. 10 each, fully subscribed by WDI. The newly incorporated entity will focus on protective and functional coating services, including polyolefin, polyurethane, fusion bonded epoxy, anti-corrosive, anti-rust, heat-resistant, and abrasion-resistant coating solutions.
Update on the acquisition of ~2.57% equity stake in Welspun Mauritius Holdings Limited from Welspun Pipes Inc., USA
Others (Uncategorized) · 30 Sept 2026, 11:25 pm
Welspun Corp Extends Timeline for WMHL Stake Acquisition to Mar'27 Welspun Corp has extended the completion timeline for acquiring an approximate 2.57% equity stake in subsidiary Welspun Mauritius Holdings Limited (WMHL) from its wholly-owned subsidiary, Welspun Pipes Inc., USA, from 30th Sep'26 to on or before 31st Mar'27 due to pending procedural formalities. Post-transaction, WMHL will become a direct wholly-owned subsidiary to streamline overseas holding structures. Since the acquisition is entirely between the parent and a wholly-owned unit, it carries no financial impact on Welspun Corp's consolidated financial statements.
Welspun Corp wins Largest-Ever Order for HFIW Pipes in Company''s History, Valued at approx USD 412.5 Million (approx. Rs. 4000 crors) , to be supplied from its USA Manufacturing Facility
Others (Uncategorized) · 25 Sept 2026, 1:59 pm
Welspun Corp Secures Record USD 412.5 Million HFIW Pipe Order in US Welspun Corp’s wholly owned US subsidiary, Welspun Tubular LLC, secured its largest-ever order for High-Frequency Induction Welded (HFIW) pipes valued at approximately USD 412.5m (~₹4,000 crore) on 25th Sep'26. The contract will be manufactured at its upgraded Little Rock facility in the USA and executed across FY28 and FY29. Following this win, Welspun Corp’s global order book reached a record high of USD 4.7b (~₹45,000 crore), reinforcing its international execution scale and manufacturing presence.
Intimation regarding Investor Meetings
Intimation · 22 Sept 2026, 9:27 pm
Welspun Corp Schedules Upcoming Investor Conference and Institutional Roadshow Welspun Corp has scheduled interactions with institutional investors in late Sep'26. Representatives will attend the Bharat Connect Conference, organized by Arihant Capital Markets, on 25th Sep'26 for group investor discussions. Additionally, the company will participate in a Non-Deal Roadshow featuring one-on-one institutional investor meetings organized by Investec Capital Services (India) from 28th Sep'26 to 30th Sep'26. The company confirmed that no unpublished price-sensitive information will be shared during these interactions.
Large Order win announced by the Company associate Company viz East Pipes Integrated Company for Industry, KSA
Others (Uncategorized) · 21 Sept 2026, 3:13 am
Welspun Corp Associate Secures Over SAR 771M Aramco Order Welspun Corp's KSA-listed associate company, East Pipes Integrated Company for Industry (EPIC), has signed a contract exceeding SAR 771 million (approx. INR 2,000 Crore, including VAT) with Saudi Aramco. The contract entails the manufacturing and supply of steel pipes over a six-month duration. Financial impact from this order is slated to reflect in performance from Q4 FY26-27 through Q1 FY27-28, reinforcing EPIC's position as a leading HSAW pipe manufacturer in the Saudi Arabian market under Vision 2030.
Intimation of Incorporation of a new step-down wholly owned subsidiary in Jordan
Others (Uncategorized) · 19 Sept 2026, 2:06 am
Welspun Corp Approves Incorporation of Step-Down Subsidiary in Jordan Welspun Corp Limited announced that its wholly-owned subsidiary, Welspun Global Holdings Limited (DIFC, UAE), approved the incorporation of a wholly-owned subsidiary in Jordan, proposed to be named 'Welspun Pipe Jordan, PSC', on 18th Sep'26. The entity will operate in iron and steel products manufacturing, focusing on fabricating pipes, tubes, and wires for water, oil, gas, and industrial transport, along with casting activities. Subscription will be 100% via cash consideration, subject to statutory approvals from Jordan authorities.