Welspun Specialty Solutions Limited — Quarter and year ended March 31, 2026
| Sr. No. | Particulars | Quarter Ended | Year ended |
|---|---|---|---|
| Audited (refer note 8) 31-Mar-26 |
Unaudited 31-Dec-25 |
||
| 1 | Income | ||
| a) | Revenue from operations | 21,975 | 22,605 |
| b) | Other income | 185 | 281 |
| Total income (a+b) | 22,160 | 22,886 | |
| 2 | Expenses | ||
| a) | Cost of materials consumed | 14,640 | 15,010 |
| b) | Changes in inventories of finished goods and work-in-progress | 555 | (145) |
| c) | Employee benefits expense (Refer Note 5) | 1,310 | 1,283 |
| d) | Finance costs (Refer Note 7) | 475 | 590 |
| e) | Depreciation and amortisation expense | 431 | 436 |
| f) | Power and Fuel expense | 1,713 | 1,838 |
| g) | Consumption of stores and spares | 1,264 | 1,408 |
| h) | Other expenses | 1,377 | 1,515 |
| Total expenses | 21,765 | 21,935 | |
| 3 | Profit / (Loss) before tax (1-2) | 395 | 951 |
| 4 | Income tax expense/(credit) | ||
| a) | Current tax | – | – |
| b) | Deferred tax (refer note-4) | (31) | – |
| Total tax expense/(credit) | (31) | – | |
| 5 | Net profit/(loss) for the period/year (3-4) | 426 | 951 |
| 6 | Other comprehensive income, net of tax | ||
| a) | Items that will be reclassified to profit or loss (net) | ||
| Deferred gains/(losses) on cash flow hedges (net) | 17 | (60) | |
| b) | Items that will not be reclassified to profit or loss (net) | ||
| Remeasurements of post employment benefit obligations | (8) | (90) | |
| Total other comprehensive income/(loss), net of tax | 9 | (150) | |
| 7 | Total comprehensive income/(loss) for the period/year (5+6) | 435 | 801 |
| 8 | Paid up equity share capital (Face value of INR 6/- each) | 39,756 | 39,756 |
| 9 | Other equity | ||
| 10 | Earnings per equity share (not annualised for the period) | ||
| a) | Basic (In Rs.) | 0.06 | 0.14 |
| b) | Diluted (In Rs.) | 0.06 | 0.14 |
| Sr. No. | Particulars | As at 31-Mar-26 (Audited) | As at 31-Mar-25 (Audited) |
|---|---|---|---|
| 1 | Assets | ||
| Non-current assets | |||
| Property, plant and equipment | 19,760 | 19,253 | |
| Capital work-in-progress | 4,887 | 249 | |
| Right-of-use assets | 243 | 246 | |
| Intangible assets | 26 | 44 | |
| Intangible assets under development | 228 | – | |
| Financial assets | |||
| Other financial assets | 87 | 68 | |
| Deferred tax assets (net) | 3,388 | 3,340 | |
| Other tax assets (net) | 173 | 111 | |
| Other non-current assets | 66 | 606 | |
| Total non-current assets | 28,858 | 23,917 | |
| 2 | Current assets | ||
| Inventories | 25,751 | 24,268 | |
| Financial assets | |||
| – Investments | 14,356 | 2,431 | |
| – Trade receivables | 14,295 | 12,367 | |
| – Cash and cash equivalents | 1,125 | 7,213 | |
| – Bank balances other than cash and cash equivalents | 72 | 73 | |
| – Other financial assets | 221 | 75 | |
| Other current assets | 2,398 | 2,442 | |
| Assets held for sale | 14 | – | |
| Total current assets | 58,232 | 48,869 | |
| Total assets | 87,090 | 72,786 | |
| 1 | Equity and Liabilities | ||
| Equity | |||
| Equity share capital | 39,756 | 39,756 | |
| Other equity | 5,898 | 3,681 | |
| Total equity | 45,654 | 43,437 | |
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Financial liabilities | |||
| Borrowings | – | 2,092 | |
| Other financial liabilities | – | – | |
| Provisions | 509 | 306 | |
| Total non-current liabilities | 509 | 2,398 | |
| Current liabilities | |||
| Financial liabilities | |||
| Borrowings | 3,509 | – | |
| Trade payables | |||
| – total outstanding dues of micro enterprises and small enterprises; and | 3,008 | 1,470 | |
| – total outstanding dues other than above | 32,989 | 24,300 | |
| Other financial liabilities | 787 | 349 | |
| Other current liabilities | 332 | 627 | |
| Provisions | 302 | 205 | |
| Total current liabilities | 40,927 | 26,951 | |
| Total Equity and liabilities | 87,090 | 72,786 |
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| A) Cash flow from operating activities | ||
| (Loss)/Profit before tax | 2,236 | (400) |
| Adjustments for: | ||
| Depreciation and amortisation expense | 1,671 | 1,619 |
| Loss on sale/discarding of property, plant and equipment (net) | 2 | 7 |
| Finance costs | 2,581 | 4,397 |
| Gain on sales of investments | (130) | (42) |
| Fair valuation (gain)/loss on investment (net) | 35 | – |
| Bad debts expense | – | 40 |
| Loss allowance/(reversal) on trade receivables | (71) | 125 |
| Interest income | (359) | (95) |
| Unrealised (gain)/loss on foreign currency transactions and translations | 156 | (194) |
| Liabilities/provisions no longer required written back | (77) | (65) |
| Operating profit before changes in working capital | 6,044 | 5,392 |
| Working capital adjustments | ||
| (Increase)/Decrease in other non-current financial assets | (19) | 41 |
| (Increase)/Decrease in inventories | (1,483) | 2,588 |
| (Increase) in trade receivables | (1,967) | (7,584) |
| (Increase)/Decrease in other current financial assets | 39 | (2) |
| Decrease in other current assets | 44 | 406 |
| Increase in provisions | 160 | 159 |
| Increase in trade payables | 10,244 | 5,039 |
| Increase in other current financial liabilities | 101 | 13 |
| (Decrease) in other current liabilities | (295) | (208) |
| Net Working capital adjustments | 6,824 | 452 |
| Cash generated from operating activities | 12,868 | 5,844 |
| Income taxes (paid) (Net) | (55) | (67) |
| Net cash generated from operating activities (A) | 12,813 | 5,777 |
| B) Cash flow from investing activities | ||
| Payments for property, plant and equipment, and intangible assets (including capital work-in-progress and intangible assets under development) (net off of capital advance and payable for capital expenditure) | (6,097) | (1,594) |
| Proceeds from sale of property, plant and equipment | 22 | 30 |
| Purchase of investments | (73,887) | (12,264) |
| Proceeds from sale/redemption of investments | 62,057 | 9,875 |
| Proceeds from maturity of fixed deposits (net) | 1 | (18) |
| Interest received | 167 | 88 |
| Net cash (used in) investing activities (B) | (17,737) | (3,883) |
| C) Cash flow from financing activities | ||
| Proceeds from issue of equity share capital | – | 34,769 |
| Repayment of non-current borrowings | (2,092) | (10,140) |
| Proceeds from current borrowings | 8,734 | 10,000 |
| Repayment of current borrowings | (5,225) | (23,719) |
| Finance cost paid | (2,581) | (5,592) |
| Net cash generated from/(used in) financing activities (C) | (1,164) | 5,318 |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | (6,088) | 7,212 |
| Cash and cash equivalents at the beginning of the year | 7,213 | 1 |
| Cash and cash equivalents at the end of the year | 1,125 | 7,213 |
| Net increase/(decrease) in cash and cash equivalents | (6,088) | 7,212 |