Welspun Living earnings calls.

Welspun Living navigated a challenging FY26 marked by US tariff volatility and geopolitical disruptions, delivering FY26 consolidated revenue of ₹9,468 croreCurrent reported value: ₹9,468 crore. No comparable prior figure is available in the source record. (down 11.5% YoY) with EBITDA margins at 9.1% versus 13.6% prior year. Q4 marked a decisive inflection pointCurrent reported value: Q4 marked a decisive inflection point. No comparable prior figure is available in the source record. with sequential revenue growth of 7.7% and EBITDA margins improving 313bps to 10.8%. The company generated strong pre-cash flows of ₹956 croreCurrent ₹956 crore. Reported change: +8.5x YoY. (up 8.5x YoY) and reduced net debt by 52% to ₹775 crore, demonstrating operational resilience. Management targets double-digit revenue growth and teen EBITDA margins for FY27Current reported value: double-digit revenue growth and teen EBITDA margins for FY27. No comparable prior figure is available in the source record., supported by FTA tailwinds (UK by June 2026, EU by January 2027), US pillow business doubling to $60 million, and India domestic momentum (29.2%Current 29.2%. Reported change: +29.2% YoY. YoY growth in Q4). Key risks include raw material inflation (cotton +10Current reported value: 10. No comparable prior figure is available in the source record.%, MMF +20%, crude +40%), ongoing tariff uncertainty, and weak global flooring demand. The company's 15,000 crore revenue aspirational target remains intact with a three-year horizon.