Welspun Corp · forward-looking guidance across the available source record.
Guidance tracker
Management declined to increase full-year guidance despite strong Q1 performance, citing a policy of providing realistic, conservative guidance based on order book visibility rather than revising targets upward.
Both Saudi facilities (ELSA and DI pipes) are progressing despite minor geopolitical disruptions, with commissioning now expected by Q3 FY27 rather than the originally guided Q2 FY27.
The ELSA plant in the US is on track for commissioning by end of FY27, complementing the already operational ERW facility, providing full US product portfolio capability.
Order book of $2.7 billion provides clear revenue and EBITDA visibility for FY28, with management seeing FY29 discussions beginning but not yet committed.
H1 achieved Rs 1,186 crore with confirmed order book and execution capability on track; management confident of meeting or exceeding full-year target.
New longitudinal mill in US expected to commission by FY27-end with full utilization targeted by FY28, supported by LNG export and data center demand.
Both Saudi facilities (DI pipe plant and longitudinal submerged arc welding mill) on track for March 2026 commissioning.
9-month EBITDA of Rs. 1,831 crore already achieved; company expects to comfortably exceed full-year guidance
Seven capex projects including Saudi DI greenfield, US LSAW mill, and ERW 24-inch expansion will start operating from June 2026 through December 2026
Rs. 70,000 crore allocated in Budget 2026; audit of JM schemes completed; government committed to completing ongoing projects
Management will provide specific guidance for next financial year during Q4 FY26 earnings call as per standard practice