Welspun Corp Limited · NSE:WELCORP
Welspun — Q4 FY25 Earnings Presentation
21 slides from Welspun's earnings presentation, May 29, 2025
Slide 1: Cover letter to stock exchanges
WCL/SEC/2025 May 28, 2025 To, BSE Ltd. National Stock Exchange of India Ltd. Listing Department, Exchange Plaza, P. J. Towers, Dalal Street, Bandra-Kurla Complex, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. (Scrip Code: Equity - 532144), (Symbol: WELCORP, Series EQ) (NCD – 960491 and 973309) Dea
Slide 2: Investor Presentation Q4&FY25
Investor Presentation Q4&FY25 Date: 28th May, 2025 PIPE SOLUTIONS BUILDING MATERIALS © Copyright 2023. All Rights Reserved.
Slide 3: Disclaimer
Disclaimer For any financial disclosures, the information contained herein is provided by Welspun Corp Limited (the “Company”), although care has been taken t o ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is s
Slide 4: Agenda
AGENDA 1. BUSINESS VERTICALS 4. SINTEX PIPES LAUNCH 7. UPDATE ON INVESTMENTS 2. KEY HIGHLIGHTS 5. CONSOLIDATED 8. ESG FINANCIAL PERFORMANCE 3. BUSINESS 6. GUIDANCE FOR FY26 9. DIGITALIZATION ENVIRONMENT 10. OUR PEOPLE OUR STRENGTH
Slide 5: Business Verticals
Business Verticals Pipe Solutions Building Materials LARGE DIAMETER DUCTILE IRON STAINLESS STEEL WATER STORAGE TMT REBARS LINE PIPES PIPES BARS & PIPES TANKS, INTERIORS & PLASTIC PIPES Our position Amongst the Integrated Integrated National iconic Integrated producer Top 3 producer from producer fro
Slide 6: Key Highlights
KEY HIGHLIGHTS Consolidated Highlights Particulars Q4FY25 FY25 Total Income 3,967 14,167 Financial Performance EBITDA 502 1,858 (INR Crore) EBITDA Margin (%) 12.7% 13.1% Net Profit 698 1,908 Line Pipes 245 851 DI Pipes 76 272 Operational Performance SS Bars 5.2 18.9 (Sales Volume in KMT) SS Pipes 1.
Slide 7: Business Environment
BUSINESS ENVIRONMENT PIPE SOLUTIONS LOCATION UPDATE Exports • Continue to observe good demand for LSAW pipes for critical applications such as deep offshore, Sour Service where Welspun has an impeccable track record • Market Potential building up in Hydrogen Pipelines & Carbon Capture Pipelines glob
Slide 8: Business Environment
BUSINESS ENVIRONMENT PIPE SOLUTIONS LOCATION UPDATE • Crude Oil Production is likely to go up to 14.5 mbpd in CY30 with Permian production expected to increase from current 6.2 mbpd to ~8 mbpd USA • LNG exports likely to go up from 90 MTPA to 120 MTPA in next 2-3 years • Strong visibility for line p
Slide 9: Business Environment
BUSINESS ENVIRONMENT PIPE SOLUTIONS LOCATION UPDATE • JJM Has been extended to 2028 which will translate into increased consumption of DI pipes. • There was a slowdown in the release of funds under JJM in FY25 resulting in cash crunch in the market and the contractors have reduced their lifting off-
Slide 10: Business Environment
BUSINESS ENVIRONMENT BUILDING MATERIALS LOCATION UPDATE • Increased Pace of Channel Expansion: Healthy distributor appointment. Retailer & plumber loyalty programs are scaling up, supported by engagement and on-ground activation • Brand Building: Increased brand visibility through Brand Sponsorship,
Slide 11: Sintex: Pipe Launch at Chhattisgarh
SINTEX: PIPE LAUNCH AT CHHATTISGARH 7 Systems Launched +1: Anti-Microbial +1: Anti-Rodent Hot & Cold Water Potable Water Sewerage, Waste, Rain Drainage System Management System - Management System - Water Management System CPVC Pipes & fitting UPVC Pipes & fitting - PVC Pipes & Fittings Pipes & Fitt
Slide 12: Consolidated Financial Performance: Q4 & FY25
CONSOLIDATED FINANCIAL PERFORMANCE: Q4 & FY25 PARTICULARS (INR crore) Q 4 FY25 Q4FY24 YoY FY25 FY24 YoY Total Income 3,967 4,544 -12.7% 14,167 17,582 -19.4% Other income 42 83 -49.4% 190 242 -21.5% EBITDA 502 413 21.5% 1,858 1,804 3.0% Depreciation and Amortisation 87 87 0.0% 351 348 0.9% Finance Co
Slide 13: Balance Sheet
BALANCE SHEET PARTICULARS (INR crore) FY25 FY24 Gross Debt 924 1,908 Cash & Bank 1,973 1,521 Net Debt/ (Cash) (1,049) 387 Net Debt/ EBITDA (0.6) 0.21 Net Debt/ Equity (0.13) 0.07 Highlights: • Gross Debt reduction of ~INR 1,000 Crore in FY25, in spite of Capex spend of ~INR 900 Crore • Closing cash
Slide 14: Guidance: FY26
GUIDANCE: FY26 FY24 FY25 FY26 Particulars Growth (INR Crore) (over FY25 actual) Guidance Actual Guidance Actual Guidance Revenue 15,000 17,340 17,000 13,978 17,500 25% EBITDA 1,500 1,804 1,700 s 1,858 2,200 18% ROCE 16% 20% 20% 21% >20% Net Debt/ EBITDA 0.2 (0.6) <1.0 13 of 18
Slide 15: Update on Investments
UPDATE ON INVESTMENTS Earlier Approved Revised Target Sr No Project Location Capacity Investment Investment Progress/ Update Completion (INR Crore) (INR Crore) 1 HFIW Plant USA 350 KMTPA 840 840 Mar-26 On track LSAW Plant including DJ & 2 USA 350 KMTPA 0 1,075 Dec-26 New Coating DI Pipes Plant KSA 2
Slide 16: ESG
ESG 59 CRISIL Environment Social Governance 52 48 73 Across in Industrials & ESG Metals (Ferrous & RATINGS Non- Ferrous) sectors (as on 31st March, 2024) 6% over previous rating Environment Social Governance 72 67 77 75 S&P Global 6th Ranked among Top 10 ESG companies in RATINGS Steel Sector globall
Slide 17: Key Digital Interventions
KEY DIGITAL INTERVENTIONS Digital Transformation Highlights Customer Centric IT/OT Platform across full campus Centralized control Towers and Command Centers for each Plant MES/ AI Layer: Data Value Engineering Manufacturing Digital Dashboard to enable Objective and Qualitative Decision Maki
Slide 18: Our People Our Strength
OUR PEOPLE OUR STRENGTH 17 of 18
Slide 19: Thank You!
Thank You! Welspun Corp Limited CIN: L27100GJ1995PLC025609 For further queries, contact Name : Mr. Goutam Chakraborty Name : Mr. Salil Bawa Email : goutam_chakraborty@welspun.com Email : salil_bawa@welspun.com www.welspuncorp.com Connect with us: /TheWelspunGroup /WelspunGroup /welspungroup /company
Slide 20: Welspun Corp Ltd announces Q4&FY25 results
Welspun Corp Ltd announces Q4&FY25 results Record performance beating FY25 EBITDA guidance Robust Order book & Outlook; Strong Balance sheet; Focus on Core Products and Core Geographies May 28, 2025, Mumbai: Welspun Corp Ltd (WCL), the flagship company of Welspun World, announced its consolidated fi
Slide 21: About Welspun Corp Ltd
About Welspun Corp Ltd: Welspun Corp Ltd (WCL) is the flagship company of Welspun World, one of India's fastest-growing multinationals with a leadership position in line pipes and home solutions segments. Other lines of businesses within Welspun World include pipe solutions, building materials, infr