WELENT Q4 FY26 Guidance vs Delivery (WELENT Management Mirror)

Revenue and Margins

Management maintained its FY27 consolidated revenue growth target of 15% to 20% YoY, noting only 8% to 10% remains uncovered by the current order book, and guided FY27 consolidated EBITDA margins conservatively at 18% or higher. Earlier in the Dec'25 Qtr, FY26 revenue guidance was downgraded to 3,600–3,700 crore due to project delays, while FY27 growth was anticipated at approximately 20%. The Sep'25 Qtr had originally targeted 4,000 crore for FY26 and established the 18% long-term margin framework. Subsidiary WMEL targets a >25% 3-year revenue CAGR, with 20% YoY growth and 21%–22% margins for FY27. [Status: Reaffirmed]