Welspun Enterprises
474.25
+6.00(+1.28%)
Market Cap₹6,564.27 Cr
PE Ratio17.04
IndustryConstruction
Company Performance:
1D+1.28%
1M-7.00%
6M-1.97%
1Y-21.15%
5Y+432.87%
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More news about Welspun Enterprises
28Jan 26
CRISIL Revises Welspun Enterprises Credit Rating Outlook to Positive
CRISIL Ratings Limited has upgraded Welspun Enterprises Limited's credit rating outlook to 'Positive' from 'Stable' while reaffirming all existing ratings. The rating agency maintained the CRISIL AA- long-term rating and CRISIL A1+ short-term rating for Rs. 2600 crore bank loan facilities, and reaffirmed the A1+ rating for Rs. 200 crore commercial paper. The positive outlook revision indicates improved credit assessment and potential for future rating upgrades.
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01Dec 25
Welspun Enterprises Raises Rs. 249.99 Crores Through Convertible Warrants Allotment
Welspun Enterprises Limited (WEL) has allotted 1,90,47,619 convertible warrants at Rs. 525 per warrant to promoter and non-promoter investors. The company received an upfront payment of Rs. 249.99 crores. The warrants are convertible into equity shares within 18 months from December 01, 2025. The maximum issue size is Rs. 1,000 crores. Each warrant is convertible into one equity share at Rs. 525, including a premium of Rs. 515 over the face value of Rs. 10 per share.
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19Nov 25
Welspun Enterprises Secures NSE and BSE Approval for Equity Fundraising
Welspun Enterprises Limited (WEL) has obtained in-principle approval from NSE and BSE for issuing 1,90,47,619 equity shares at Rs. 525 per share on a preferential basis through warrant conversion. The approval, under SEBI regulations, follows shareholders' consent at an EGM. WEL must meet several conditions for final listing, including regulatory compliance and timely application filing.
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13Nov 25
Welspun Enterprises Maintains FY26 Revenue Target Despite Higher Current Margins
Welspun Enterprises has confirmed its FY26 consolidated revenue target of INR 4,000 crores, maintaining an EBITDA margin guidance of 18% despite currently exceeding this figure. The company expects a back-ended revenue distribution for FY26, indicating higher revenues in the latter part of the fiscal year. Management's decision to maintain original projections despite current outperformance suggests a conservative approach and focus on sustainable growth.
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12Nov 25
Welspun Enterprises Reports Strong EBITDA Growth in Q2FY26, Secures Major Water Treatment Project
Welspun Enterprises reported Q2 FY26 results with consolidated revenue of ₹784.00 crores, down 4% YoY. EBITDA increased 28% to ₹192.00 crores, with margin expanding to 23.9%. Net profit rose 59% to ₹98.00 crores. H1 FY26 saw revenue decline 7% to ₹1,629.00 crores, while EBITDA grew 17% to ₹399.00 crores. The company secured a ₹3,145.00 crore water treatment plant project, boosting its order book to ₹15,600.00 crores. Management remains confident about meeting the annual revenue guidance of ₹4,000.00 crores. The company is raising ₹1,000.00 crores through a preferential issue of warrants to capitalize on future opportunities.
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12Nov 25
Welspun Enterprises Announces Senior Management Restructuring and Reports Strong Q2 FY26 Results
Welspun Enterprises has restructured its senior management and reported impressive Q2 FY26 financial results. Key management changes include Asim Chakraborty becoming Executive Director, Abhishek Chaudhary taking over as CEO - Transportation Vertical, and Hardik Dhebar expanding his role. Financial highlights include consolidated revenue of ₹783.92 crores, EBITDA growth of 28% YoY to ₹192.00 crores, and PAT increase of 59% YoY to ₹98.00 crores. The company's order book stands at ₹15,600 crores, with a new ₹3,145 crore project secured in Maharashtra.
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11Nov 25
Welspun Enterprises Reports 25% Jump in Q2 Net Profit, EBITDA Margin Improves Significantly
Welspun Enterprises Limited (WEL) reported a 25% increase in Q2 consolidated net profit to 879 million rupees. EBITDA margin improved to 22% from 15.61% year-over-year, despite a slight decrease in absolute EBITDA. The company's three main segments - Transport, Water, and Tunneling and Rehabilitation - all contributed positively to revenue. Key financial ratios show a debt-equity ratio of 0.72 and a net profit margin of 12.19%. Management expressed satisfaction with the Q2 performance, highlighting improved profitability and operational efficiency.
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06Nov 25
Welspun Enterprises Secures ₹3,145 Crore Contract for Massive Water Treatment Plant in Maharashtra
Welspun Enterprises Limited (WEL) has been awarded a contract by the Brihanmumbai Municipal Corporation (BMC) to develop a 910 Million Litres per Day (MLD) Water Treatment Plant in Panjrapur, Maharashtra. The project, valued at approximately ₹3,145 crore, includes a 48-month design and construction phase followed by a 15-year operation and maintenance period. This contract significantly boosts WEL's order book to about ₹14,627 crore. Upon completion, WEL will be treating nearly 70% of Mumbai's freshwater requirements, strengthening its position in India's water infrastructure sector.
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23Oct 25
Welspun Enterprises Faces ₹9 Crore GST Tax and Penalty Order, Plans Appeal
Welspun Enterprises has received a GST order from Tamil Nadu State GST Authority for FY 2018-19, totaling ₹18 crore (₹9 crore tax demand and ₹9 crore penalty). The order alleges ineligible input tax credit claims. The company deems the demand unjustifiable and plans to appeal before the Tribunal. Welspun Enterprises states it doesn't foresee any material impact on its activities.
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15Oct 25
Welspun Enterprises Shares Surge on ₹1,000 Crore Fundraising Plan and Strong Q3 Results
Welspun Enterprises Limited's Board has approved raising ₹1,000 crore through a preferential issue of 1,90,47,619 warrants convertible to equity shares. The warrants, priced at ₹525 each, will be issued to both promoter (37.40%) and non-promoter investors (62.60%). The company's shares gained up to 10% following the announcement. Welspun's recent quarterly results show a 30% increase in net profit and a 24% rise in revenue year-on-year.
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11Oct 25
Welspun Enterprises Eyes Fund Raising, Secures L1 Status for Major Maharashtra Infrastructure Projects
Welspun Enterprises has announced L1 bidder status for two significant infrastructure projects in Maharashtra: a ₹7,300 crore Pune-Shirur highway project and a ₹3,145 crore water treatment plant for Mumbai. The company has scheduled a board meeting on October 15, 2025, to discuss fund raising through convertible equity warrants via preferential issue. The trading window for designated persons has been closed from October 1, 2025. The company has also submitted its regulatory compliance certificate for the quarter ended September 30, 2025.
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25Aug 25
Welspun Group Master Trust Boosts Stake in Welspun Enterprises to 49.33%
Welspun Group Master Trust acquired 40,000 equity shares of Welspun Enterprises through an open market transaction on August 21. This increased the trust's shareholding from 49.30% to 49.33%, and the overall promoter and PAC holding from 55.45% to 55.48%. The company has a paid-up equity share capital of Rs. 138.41 crores with 13.84 crore outstanding shares. The acquisition was reported in compliance with SEBI regulations.
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14Aug 25
Welspun Enterprises Reports 9% Revenue Decline in Q1, EBITDA Grows 8%
Welspun Enterprises Limited (WEL) reported a 9% year-on-year decline in Q1 consolidated revenue to INR845.00 crores, attributed to early monsoon onset and back-ended revenue guidance. Despite this, EBITDA grew 8% to INR208.00 crores, with margins expanding to 23.8%. The Water segment showed robust 38% growth, while Transport declined 43%. The company's order book stands at INR13,665.00 crores, with plans to secure INR10,000-11,000 crores in fresh orders over the next eight months. WEL maintains its FY26 revenue guidance of INR4,000-4,100 crores, expecting accelerated momentum in Q3 and Q4.
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06Aug 25
Welspun Enterprises Reports Record EBITDA Margin in Q1 Despite Revenue Dip
Welspun Enterprises reported Q1 consolidated revenue of ₹845.00 crore, down 9% year-on-year. However, EBITDA margin expanded to a record 23.9%, with EBITDA growing 8% to ₹208.00 crore. PAT decreased 8% to ₹101.00 crore. The company maintains a robust order book of ₹13,665.00 crore. Key projects received completion certificates, and the company is pursuing additional bids worth ₹12,000.00-13,000.00 crore. Management remains confident in achieving 15-20% full-year revenue growth.
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04Aug 25
Welspun Enterprises' Material Subsidiaries Appoint New Statutory Auditors
Welspun Enterprises Limited (WEL) announced changes in statutory auditors for two material subsidiaries. MGB & Co., LLP resigned as auditors for Welspun Michigan Engineers Limited and Welspun EDAC JV Private Limited, effective August 04, 2025. Suresh Surana & Associates LLP has been appointed as the new auditor for both subsidiaries, aligning with WEL's recent auditor change. The appointment is effective from August 04, 2025, with an initial term until the conclusion of FY 2024-25 AGMs, and a proposed extended term of 5 years subject to shareholder approval. This change aims to bring synergies within the group and maintain consistency in the audit process.
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08Jul 25
Welspun Enterprises Unit Secures OSRTC Bus Terminal Project, Claims ₹184.3 Million Compensation
Welspun Enterprises' subsidiary has entered into an agreement with the Odisha State Road Transport Corporation (OSRTC) for a bus terminal project. This follows a court ruling that led to OSRTC terminating its previous agreement with ABTPL. The subsidiary has claimed a compensation award of ₹184.30 million and expects to receive ₹230.00 million from OSRTC. This development marks a new venture in Odisha's transportation infrastructure for Welspun Enterprises.
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04Jun 25
Welspun Enterprises Achieves Milestone: Receives PCOD for Aunta-Simaria Project
Welspun Enterprises Limited has received a provisional certificate for Project Completion and Operationalization Date (PCOD) for its Aunta-Simaria infrastructure project. This milestone indicates that the project has met completion criteria and is now operational, potentially allowing the company to start generating revenue from it. The achievement demonstrates Welspun's capability in executing large-scale infrastructure projects and may strengthen its position in the sector.
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19May 25
Welspun Enterprises Surpasses FY25 Guidance, Sets Ambitious Targets for FY26
Welspun Enterprises reported 25% year-over-year growth in consolidated revenue, exceeding FY25 guidance. The company has a Rs 2,800 crore order book for the UP Jal Jeevan Mission. For FY26, Welspun targets 15-20% consolidated revenue growth, 50% growth for Welspun Michigan, and aims to secure orders worth Rs 10,000 crore. The company projects consolidated EBITDA growth of 20% or higher and targets an unexecuted order book of over Rs 20,000 crore by FY26 end.
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15May 25
Welspun Enterprises Reports Robust Q4 FY2024 Results, Declares Dividend
Welspun Enterprises announced impressive Q4 FY2024 results, showing significant year-over-year improvements. Revenue increased by 24% to ₹1,021.50 crore, while net profit rose 30.09% to ₹100.30 crore. EBITDA grew by 35.40% to ₹153.00 crore, with the EBITDA margin improving to 14.96%. The company also recommended a final dividend of ₹3.00 per share for FY2024.
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12May 25
Welspun Enterprises Considers ₹1,000.00 Crore Fundraising via Private Placement
Welspun Enterprises Ltd, an infrastructure development company, has announced plans to explore raising funds up to ₹1,000 crore through private placement of securities. The company's board will meet to discuss and potentially approve this significant fundraising initiative. While the specific use of funds is not disclosed, the capital could be directed towards financing new projects, expanding the existing portfolio, strengthening the balance sheet, or investing in new technologies.
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27Mar 25
Welspun Subsidiary Secures ₹79.29 Crore Drainage Project in Vadodara
Welspun Michigan Engineers Limited (WMEL), a subsidiary of Welspun Enterprises Limited, has been awarded a ₹79.29 crore contract by Vadodara Municipal Corporation. The project involves rehabilitating an 1800mm diameter drainage line in Vadodara's West Zone, to be completed within 12 months starting April 02, 2025. This contract increases WMEL's order book to ₹2,994.71 crore, with ₹2,756.81 crore in EPC and ₹237.90 crore in O&M segments.
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26Mar 25
Welspun Enterprise JV Secures ₹328.12 Crore BMC Contract for Haji Ali Storm Water Pumping Station
Welspun Michigan Engineers Limited (WMEL), a subsidiary of Welspun Enterprise Limited, has been awarded a ₹328.12 crore contract by the Brihanmumbai Municipal Corporation for upgrading the Haji Ali Storm Water Pumping Station. WMEL's 75% share amounts to ₹208.55 crore, including an EPC component of ₹93.59 crore and an O&M component of ₹114.96 crore. The project, to be executed over 18 months starting October 1, 2025, includes upgradation, supply, installation, and 15 years of maintenance. This contract increases WMEL's order book to ₹2,915.42 crore, reinforcing its position in urban infrastructure development and water management solutions.
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Welspun Enterprises
474.25
+6.00
(+1.28%)
1 Year Returns:-21.15%
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