Mumbai-listed pipe maker Welspun Corp Limited on July 14, 2026, informed stock exchanges that it has secured fresh large orders for the supply of pipes for Oil & Gas export projects from its India facility, cumulatively valued at approximately Rs 1,400 crore.
With this addition, the company’s consolidated global order book has scaled to Rs 23,650 crore (approximately US$2.5 billion), the company said Tuesday.
Welspun Corp: Order book to be executed over FY27, FY28
According to the filing, the enlarged order book is scheduled for execution over FY27 and FY28, which the company said would position it for “sustained growth momentum” over the next two fiscal years.
The disclosure noted that the order book reinforces revenue visibility and provides continuity of operations across both the company’s India and USA manufacturing assets.
A year of steady order additions to the company’s kitty
The latest win adds to a string of large order announcements through the ongoing fiscal year. Welspun Corp had reported its consolidated global order book at Rs 25,350 crore, or about US$2.6 billion, following results for the quarter and year ended FY26, with execution spread across FY27 and FY28 for its India and US operations.
Company management had earlier flagged that the order book kept its plants booked through FY27 and FY28, providing multi-year revenue visibility, with an EBITDA CAGR of 43% delivered over the four fiscal years to FY26.
For FY26, the company had posted an EBITDA of Rs 2,371 crore, ahead of its Rs 2,200 crore guidance, at a 14% margin and a 22% return on capital employed.
Speaking on the FY26 results, Managing Director & CEO Vipul Mathur had said the company delivered a strong operational and financial performance while comfortably beating its full-year EBITDA guidance and improving cash generation.
Welspun Corp is among the largest manufacturers of large-diameter pipes globally, with a footprint spanning six continents and fifty countries, serving both onshore and offshore applications.
Beyond line pipes, the group’s portfolio includes BIS-certified steel billets, TMT rebars, ductile iron pipes, and stainless steel pipes and tubes, and it has diversified into building materials through its Sintex-BAPL acquisition.
