Welspun Corp share price gained in early trade on July 27 after the company announced a fresh order worth around ₹960 crore for the supply of coated line pipes from its manufacturing facility in Little Rock, US. The positive order announcement, coupled with a strong set of June quarter earnings, boosted investor sentiment. The company also said its consolidated order book has reached an all-time high, providing strong revenue visibility for the coming years.
Welspun Corp informed exchanges that it has secured a new export order valued at approximately ₹960 crore for coated line pipes. Following this win, the company's consolidated order book has expanded to around ₹25,750 crore, the highest in its history.
According to the company, the order book is scheduled for execution during FY27 and FY28, offering long-term revenue visibility and supporting capacity utilisation across its manufacturing facilities in India and the US. The order also reflects Welspun Corp's growing presence in the global pipeline infrastructure market.
The company reported a solid financial performance for the quarter ended June 2026. Revenue from operations rose 14.9% year-on-year to ₹4,081.1 crore, while EBITDA increased 31.8% to ₹692 crore.
Operating margin improved to 17%, compared with 14.8% a year earlier. Net profit surged 200% to ₹1,047.9 crore, aided by an exceptional gain of ₹548 crore from the sale of shares in an associate.
Welspun Corp also reported a 48.7% rise in its share of profit from joint ventures and associates to ₹72.8 crore. Management said the company delivered its highest-ever quarterly EBITDA while maintaining a strong balance sheet. Its annualised return on capital employed (ROCE) exceeded 23%, and the net cash position improved despite capital expenditure of ₹834 crore during the quarter.
Following the developments, Welspun Corp share price rose as much as 4% in early trade before trimming gains to around 2%, trading near ₹1,625.7. The stock has been a strong performer in 2026, delivering gains of over 103% so far this year.
Read more: Key Trends for August 2026: RBI MPC, Tax Deadlines, Q1 GDP and MSCI Review in Focus.
The combination of a record order book, robust quarterly earnings, and ongoing expansion projects in the US and Saudi Arabia has reinforced investor confidence in Welspun Corp. With execution of its sizeable order pipeline scheduled over the next two financial years, the company appears well-positioned to sustain growth, keeping the Welspun Corp share price in focus.
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Published on: Jul 27, 2026, 11:18 AM IST
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