Welspun Enterprises , a part of the Welspun Group, has seen an increase in shareholding by one of its key promoters, Welspun Group Master Trust. The trust, represented by trustee Balkrishan Goenka, acquired 40,000 equity shares of the company through an open market transaction on August 21, as disclosed in a regulatory filing.

Stake Increase Details

The acquisition resulted in a marginal increase in the trust's shareholding:

• Previous shareholding: 49.30%
• New shareholding: 49.33%

This transaction also affected the overall promoter and Persons Acting in Concert (PAC) holding:

• Previous promoter and PAC holding: 55.45%
• New promoter and PAC holding: 55.48%

Company Overview

Welspun Enterprises has a paid-up equity share capital of Rs. 138.41 crores, consisting of 13.84 crore outstanding shares. The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.

Shareholding Structure

The LODR data provides a detailed breakdown of the promoter and PAC shareholding after the transaction:

Regulatory Compliance

The acquisition was reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made by Hardik Dhebar, the authorized signatory for Welspun Group Master Trust, on August 25.

This move by the Welspun Group Master Trust underscores the promoter group's continued confidence in Welspun Enterprises. While the increase in stake is modest, it reflects ongoing interest in consolidating the promoter's position in the company.

Welspun Enterprises Limited (WEL) reported a 9% year-on-year decline in consolidated revenue to INR845.00 crores for Q1, primarily due to early monsoon onset and a back-ended revenue guidance. Despite the revenue drop, the company saw an 8% growth in EBITDA to INR208.00 crores, with margins expanding to 23.8% from 20.1% in the same quarter of the previous year.

Key Financial Highlights

• Consolidated revenue: INR845.00 crores (down 9% YoY)
• EBITDA: INR208.00 crores (up 8% YoY)
• EBITDA margin: 23.8% (up from 20.1% in Q1 of previous year)
• Profit before tax: INR154.00 crores (broadly stable)

Segment Performance

The Water segment registered robust 38% year-on-year growth, while the Transport segment declined by 43% due to the completion of two major projects. The Tunneling and Rehabilitation segment grew by 53% year-on-year.

Order Book and Future Outlook

WEL's consolidated order book stands at INR13,665.00 crores, including O&M contracts worth INR4,400.00 crores. The company is actively pursuing new projects worth INR12,000.00 to INR13,000.00 crores, expected to be bid over the next 30 to 45 days.

Sandeep Garg, Managing Director and CEO, stated, "We are confident that over the next eight months, we will book fresh orders in the range of INR10,000.00 crores to INR11,000.00 crores."

Project Updates

• Aunta-Simaria bridge project: Received provisional completion certificate
• Mukarba Chowk-Panipat project: Received completion certificate
• Varanasi Aurangabad road project: Expected completion by this financial year
• SNRP project: 70% physical progress achieved

Strategic Initiatives

Abhishek Chaudhary, CEO, highlighted the company's focus on digitalization, operational efficiency, and ESG principles. Key initiatives include:

• Implementation of S/4HANA and digitized project management system
• Adoption of 3D, 4D, 5D building information systems
• Focus on decarbonization and sustainable practices

Guidance for FY26

Welspun Enterprises maintains its revenue guidance of INR4,000.00-4,100.00 crores for FY26, representing approximately 15% growth over FY25. The company expects a back-ended execution cycle, with momentum accelerating in Q3 and Q4 of FY26.

Welspun Enterprises remains well-positioned for long-term value creation, focusing on high-return segments, disciplined execution, and leveraging its robust order book to drive sustainable growth.