Welspun Corp's US subsidiary Welspun Tubular LLC has secured its largest-ever order for High-Frequency Induction Welded (HFIW) pipes, valued at approximately ₹4,000 crore or $412.5 million. According to the latest exchange filing, this order represents the largest in the subsidiary's history in terms of volume, length and value. The pipes will be manufactured at Welspun Corp's newly upgraded HFIW mill at Little Rock in the US, which has enhanced manufacturing capabilities. The order is scheduled to be executed during FY28 and FY29, significantly boosting the company's global manufacturing capacity and reinforcing relationships with marquee international clients.
Welspun Corp's associate company East Pipes Integrated Company for Industry (EPIC) has secured a major contract with Saudi Arabian Oil Co. (Aramco) for steel pipe manufacturing and supply. As reported by LiveMint, the contract is valued at more than 771 million Saudi riyals, equivalent to approximately ₹2,000 crore, including value-added tax. The contract will be executed over six months, with financial impact expected from Q4 FY2026-27 through Q1 FY2027-28. EPIC is described as Saudi Arabia's leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes with fully integrated manufacturing facilities and a track record of executing large orders within timelines.
In a significant development, Welspun Corp secured the largest single order in its history valued at approximately $1.8 billion (nearly ₹17,200 crore) for the supply of pipes from its manufacturing facility in the United States of America. As reported by Business Standard, this record-breaking order is the single largest ever awarded to the Company and marks a defining milestone in its global growth trajectory, reaffirming its leadership position as a trusted, large-scale partner to the global energy and infrastructure sector. The order will be executed between FY 2027-28 & FY 2028-29, demonstrating the company's continued success in securing major international contracts.
Following the latest HFIW pipe order and major US contract win, Welspun Corp's global order book has risen to a record ₹45,000 crore or $4.7 billion, representing the highest in the company's history. As reported by the latest exchange filing, this achievement underscores the scale, quality and execution capability of the company's operations. The company stated that the contract reinforces its long-term strategy of expanding global manufacturing capacity and deepening relationships with marquee international clients. The combination of the HFIW order, major US contract, and previous contract wins demonstrates the company's successful strategy in specialized engineering segments across multiple infrastructure sectors.
Welspun Corp shares jumped over 5% in early trade on Friday, September 25, with the stock rallying as much as 5.3% to ₹2,837.50 on the BSE after the announcement of the record-breaking HFIW pipe order. As reported by NDTV Profit, the gains came despite a muted trend in the broader Indian stock market, as the equity benchmarks Sensex and Nifty 50 were trading flat. At 10:20 AM, Welspun Corp share price was trading 3.48% higher at ₹2,788.30 on the BSE. The stock has now extended its year-to-date advance to 250%, with the latest gains driven by the record order book achievement and continued contract wins. In Friday's trading session, the stock traded 4.9% higher at ₹2,825.45, significantly outperforming the BSE Sensex which rose only 0.11%. The company also reported strong Q1 FY27 results with consolidated net profit surging 198.64% to ₹1,046.49 crore on a 14.91% rise in revenue to ₹4,081.12 crore compared to Q1 FY26.
