Welspun Enterprises Reports Record EBITDA Margin of 23.9% in Q2 FY26; Secures Rs 3,145 Cr Water Project & Rs 7,300 Cr Highway Contract
Additionally, Welspun Enterprises has been declared the lowest bidder (L1) for the Pune–Shirur elevated highway corridor by MSIDC, with a project cost of Rs 7,300 crore. The company also reported a strong balance sheet with consolidated cash reserves of Rs 1,043 crore.
Sandeep Garg, Managing Director, Welspun Enterprises Limited, said, “We continue to sustain strong growth momentum, delivering a 17% year-on-year rise in EBITDA and achieving a record-high consolidated EBITDA margin of 23.9% in H1 FY26. We remain on track to meet our annual revenue guidance of INR 4,000 crore.
Our recent win of the landmark 910 MLD Water Treatment Plant project at Panjrapur, Maharashtra, marks another milestone in our journey to become a leading player in the water sector. Together with the ongoing 2,000 MLD Bhandup project, we will soon be treating nearly 70% of Mumbai’s freshwater requirement.
On the industry front, we are witnessing strong traction in BOT (Toll) and HAM projects in transportation, as well as in water projects across river interlinking, treatment and desalination. Expanding opportunities in the tunnelling segment for both transport and water are also on the horizon. We continue to evaluate these prospects and will bid selectively for projects that meet our return benchmarks.
To capitalise on upcoming opportunities, we are creating a war chest of INR 1,000 crore through a preferential issue of warrants via private placement, including to the promoter group, reflecting continued confidence in our long-term growth strategy.
With these efforts, we continue to advance our 3G strategy - Growth, Governance, and Green, with an unwavering focus on delivering sustainable value to all stakeholders.”
Published on:
12 November 2025
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