Operating margin improved to 20% from 17.6% in the year-ago quarter.
Ahead of the earnings announcement, shares of Welspun Enterprises closed 2.6% higher at ₹516.50 on the NSE.Managing Director Sandeep Garg said the company delivered a “strong and resilient” performance despite external headwinds such as extended monsoons and project clearance delays during FY26. He added that EBITDA for the full year grew 16% year-on-year, underlining the resilience of the company’s operating model.
Welspun Enterprises said its consolidated order book has strengthened to around ₹20,000 crore, including operations and maintenance contracts, following the addition of the Pune–Shirur Road project. The project carries a total value of ₹7,300 crore, including an EPC scope of nearly ₹5,400 crore.The company said it continues to maintain a strong balance sheet, with consolidated cash and cash equivalents of around ₹1,728 crore. It also highlighted that it has returned nearly ₹842 crore to shareholders through buybacks and dividends over the last eight years.
Looking ahead, management said the bid pipeline remains robust, providing visibility for sustained 15-20% growth along with medium-term EBITDA margins of over 18%.
The board recommended a final dividend of ₹3 per equity share for FY26, subject to shareholder approval at the upcoming AGM. The company has fixed July 3, 2026 as the record date for determining shareholder entitlement to the dividend.
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The board also approved a proposal to raise up to ₹1,000 crore through private placement of securities in one or more tranches. Additionally, Balkrishan Goenka will transition from Executive Chairman to Non-Executive Chairman effective June 1, 2026, while Sandeep Garg has been re-appointed as Managing Director for another three-year term, subject to shareholder approval.
