Integrated Filing — IndAS
General information about company
| Scrip Code |
532144 |
| NSE Symbol |
WELCORP |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE191B01025 |
| Name of company |
WELSPUN CORP LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
30-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
23-10-2025 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
30-10-2025 11:00:00 |
| End date and time of board meeting |
30-10-2025 15:35:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Not applicable |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
4,37,361.00 |
7,92,510.00 |
|
Other income |
3,505.00 |
7,008.00 |
|
Total income |
4,40,866.00 |
7,99,518.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
2,76,741.00 |
5,52,876.00 |
| (b) |
Purchases of stock-in-trade |
1,191.00 |
2,432.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(7,738.00) |
(82,041.00) |
| (d) |
Employee benefit expense |
30,938.00 |
59,443.00 |
| (e) |
Finance costs |
4,938.00 |
11,256.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
8,420.00 |
16,898.00 |
| (f) |
Other Expenses |
| 1 |
Other Expenses |
77,119.00 |
1,48,189.00 |
|
Total other expenses |
77,119.00 |
1,48,189.00 |
|
Total expenses |
3,91,609.00 |
7,09,053.00 |
| 3 |
Total profit before exceptional items and tax |
49,257.00 |
90,465.00 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit before tax |
49,257.00 |
90,465.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
14,672.00 |
26,001.00 |
| 8 |
Deferred tax |
(174.00) |
(314.00) |
| 9 |
Total tax expenses |
14,498.00 |
25,687.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
34,759.00 |
64,778.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
9,592.00 |
14,489.00 |
| 16 |
Total profit (loss) for period |
44,351.00 |
79,267.00 |
| 17 |
Other comprehensive income net of taxes |
7,841.00 |
6,941.00 |
| 18 |
Total Comprehensive Income for the period |
52,192.00 |
86,208.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
43,968.00 |
79,010.00 |
|
Total profit or loss, attributable to non-controlling interests |
383.00 |
257.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
51,800.00 |
85,907.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
392.00 |
301.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
13,180.00 |
13,180.00 |
|
Face value of equity share capital |
5 |
5 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
16.7 |
30.01 |
|
Diluted earnings (loss) per share from continuing operations |
16.68 |
29.98 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
16.7 |
30.01 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
16.68 |
29.98 |
| 24 |
Debt equity ratio |
0.1600 |
0.1600 |
| 25 |
Debt service coverage ratio |
18.700 |
6.4900 |
| 26 |
Interest service coverage ratio |
23.4100 |
20.7900 |
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
4,76,304.00 |
|
Capital work-in-progress |
95,162.00 |
|
Investment property |
6,279.00 |
|
Goodwill |
37,320.00 |
|
Other intangible assets |
1,721.00 |
|
Intangible assets under development |
219.00 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
79,275.00 |
|
Non-current financial assets |
|
|
Non-current investments |
2,234.00 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
4,472.00 |
|
Total non-current financial assets |
6,706.00 |
|
Deferred tax assets (net) |
3,481.00 |
|
Other non-current assets |
34,166.00 |
|
Total non-current assets |
7,40,633.00 |
| 2 |
Current assets |
|
|
Inventories |
5,15,272.00 |
|
Current financial asset |
|
|
Current investments |
54,233.00 |
|
Trade receivables, current |
1,62,925.00 |
|
Cash and cash equivalents |
57,645.00 |
|
Bank balance other than cash and cash equivalents |
25,857.00 |
|
Loans, current |
47.00 |
|
Other current financial assets |
5,612.00 |
|
Total current financial assets |
3,06,319.00 |
|
Current tax assets (net) |
0.00 |
|
Other current assets |
90,297.00 |
|
Total current assets |
9,11,888.00 |
| 3 |
Non-current assets classified as held for sale |
1,345.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
0.00 |
|
Total assets |
16,53,866.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
13,180.00 |
|
Other equity |
8,06,290.00 |
|
Total equity attributable to owners of parent |
8,19,470.00 |
|
Non controlling interest |
26,905.00 |
|
Total equity |
8,46,375.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
33,863.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
|
|
Total non-current financial liabilities |
33,863.00 |
|
Provisions, non-current |
3,100.00 |
|
Deferred tax liabilities (net) |
34,192.00 |
|
Deferred government grants, Non-current |
25,128.00 |
|
Other non-current liabilities |
15,404.00 |
|
Total non-current liabilities |
1,11,687.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
1,02,741.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
5,727.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
2,59,283.00 |
|
Total Trade payable |
2,65,010.00 |
|
Other current financial liabilities |
22,799.00 |
|
Total current financial liabilities |
3,90,550.00 |
|
Other current liabilities |
2,21,447.00 |
|
Provisions, current |
10,617.00 |
|
Current tax liabilities (Net) |
67,687.00 |
|
Deferred government grants, Current |
5,503.00 |
|
Total current liabilities |
6,95,804.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
0.00 |
|
Total liabilities |
8,07,491.00 |
|
Total equity and liabilites |
16,53,866.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting
period |
30-09-2025 |
30-09-2025 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
a. Steel products |
4,22,394.00 |
7,61,700.00 |
| 2 |
b. Others (including plastic products) |
14,967.00 |
30,810.00 |
|
Total Segment Revenue |
4,37,361.00 |
7,92,510.00 |
|
Less: Inter segment revenue |
0.00 |
0.00 |
|
Revenue from operations |
4,37,361.00 |
7,92,510.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
a. Steel products |
55,281.00 |
1,01,852.00 |
| 2 |
b. Others (including plastic products) |
(2,829.00) |
(3,695.00) |
|
Total Profit before tax |
52,452.00 |
98,157.00 |
|
i. Finance cost |
4,938.00 |
11,256.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(11,335.00) |
(18,053.00) |
|
Profit before tax |
58,849.00 |
1,04,954.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
a. Steel products |
13,00,932.00 |
13,00,932.00 |
| 2 |
b. Others (including plastic products) |
1,28,137.00 |
1,28,137.00 |
|
Total Segment Asset |
14,29,069.00 |
14,29,069.00 |
|
Un-allocable Assets |
2,24,797.00 |
2,24,797.00 |
|
Net Segment Asset |
16,53,866.00 |
16,53,866.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
a. Steel products |
5,44,484.00 |
5,44,484.00 |
| 2 |
b. Others (including plastic products) |
23,232.00 |
23,232.00 |
|
Total Segment Liabilities |
5,67,716.00 |
5,67,716.00 |
|
Un-allocable Liabilities |
2,39,775.00 |
2,39,775.00 |
|
Net Segment Liabilities |
8,07,491.00 |
8,07,491.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Remeasurements of post employment benefit obligations |
(11.00) |
(126.00) |
| 2 |
Share of other comprehensive income of joint venture and associates accounted for using the equity method |
(59.00) |
(38.00) |
|
Total Amount of items that will not be reclassified to profit and loss |
(70.00) |
(164.00) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(2.00) |
(29.00) |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Effective portion of gains on hedging instruments in cash flow hedges reclassified to profit and loss |
(2,193.00) |
(4,604.00) |
| 2 |
Exchange differences on translation of foreign operations (including non-controlling interests) |
9,482.00 |
10,367.00 |
|
Total Amount of items that will be reclassified to profit and loss |
7,289.00 |
5,763.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
(620.00) |
(1,313.00) |
| 5 |
Total Other comprehensive income |
7,841.00 |
6,941.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
90,465.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
11,256.00 |
|
Adjustments for decrease (increase) in inventories |
(94,118.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
14,616.00 |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
(28,464.00) |
|
Adjustments for decrease (increase) in other non-current assets |
189.00 |
|
Adjustments for other financial assets, non-current |
(3.00) |
|
Adjustments for other financial assets, current |
(830.00) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(60,100.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
49,015.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
16,898.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
370.00 |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
575.00 |
|
Adjustments for other financial liabilities, non-current |
153.00 |
|
Adjustments for unrealised foreign exchange losses gains |
2,931.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
2,478.00 |
|
Adjustments for share-based payments |
318.00 |
|
Adjustments for fair value losses (gains) |
(225.00) |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
3,446.00 |
|
Other adjustments for non-cash items |
0.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(86,451.00) |
|
Net cash flows from (used in)
operations |
4,014.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
13,896.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
(9,882.00) |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
0.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
2,965.00 |
|
Purchase of property, plant and equipment |
1,00,115.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
7,82,996.00 |
|
Purchase of other long-term assets |
7,65,792.00 |
|
Cash advances and loans made to other parties |
1,760.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
3,130.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
9,387.00 |
|
Interest received |
964.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
250.00 |
|
Net cash flows from (used in)
investing activities |
(67,975.00) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
385.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
1,86,542.00 |
|
Repayments of borrowings |
1,42,363.00 |
|
Payments of lease liabilities |
2,086.00 |
|
Dividends paid |
13,166.00 |
|
Interest paid |
10,419.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
financing activities |
18,893.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(58,964.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
1,897.00 |
|
Net increase (decrease) in cash
and cash equivalents |
(57,067.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
1,14,712.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
57,645.00 |