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Welspun Corp Limited

Profile data last updated: 13/03/2026

Welspun Corp Limited, formed in 1995, has been in existence for 3. Welspun Corp Limited holds the CIN L27100GJ1995PLC025609 and registration number 25609. This entity is incorporated as company limited by shares. Authorized capital of the company is recorded at ₹552.05 crore. Its paid up capital is ₹131.90 crore.

Its primary business activity involves manufacture of basic metals. It operates under Ahmedabad’s corporate registry. The official address of incorporation is Welspun City, Village Versamedi, Taluka Anjar, Kachchh, Anjar, Gujarat, India, 370110. Welspun Corp Limited remains active and operational. The firm is identified under PAN AAACW0744L. As per official records, the company’s LEI is 335800XKRIPYYRZNRQ31. The company’s official contact email is [email protected]. The company’s top executive team comprises Percy Birdy (CFO), Vipul Mathur (CEO), Percy Birdy (CFO) and Vipul Mathur (CEO).

Company Overview

CIN
L27100GJ1995PLC025609
Date of Incorporation
26/04/1995
Company Status
Active
RoC
Ahmedabad
Registration Number
025609
Balance sheet date
2025-03-31
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
335800XKRIPYYRZNRQ31
LEI Status
Issued
Authorized Capital
₹5,52,05,00,000.00
Paid up Capital
₹1,31,89,53,225.00
Activity
Manufacture Of Basic Metals
PAN
AAACW0744L

GST Numbers

StateGST NumberStatus
Andhra Pradesh37AAACW0744L3Z3Inactive
37AAACW0744L2Z4Inactive
37AAACW0744L1Z5Inactive
Assam18AAACW0744L1Z5Inactive
Bihar10AAACW0744L1ZLInactive
10AAACW0744L2ZKInactive
Delhi07AAACW0744L1Z8Active
Gujarat24AAACW0744L4Z9Active
24AAACW0744L3ZAActive
24AAACW0744L1DLActive

Balance Sheet

Metric31/03/202531/03/202431/03/202331/03/202231/03/2021
Total Non Current Liabilities Net Minority Interest₹1,18,606.00L₹2,13,892.00L₹2,33,003.00L₹1,68,545.00L₹0.00L
Investment Properties₹6,290.00L₹6,444.00L₹5,356.00L₹1,564.00L₹0.00L
Accumulated Depreciation-₹3,18,874.00L-₹2,85,962.00L-₹2,52,117.00L-₹2,17,941.00L₹0.00L
Total Liabilities Net Minority Interest₹7,50,817.00L₹6,11,576.00L₹10,49,522.00L₹4,64,133.00L₹0.00L
Tangible Book Value₹7,06,954.00L₹5,26,095.00L₹4,37,519.00L₹4,07,823.00L₹0.00L
Long Term Debt₹44,225.00L₹1,60,370.00L₹1,90,958.00L₹1,02,701.00L₹0.00L
Goodwill₹37,320.00L₹34,312.00L₹34,312.00L₹34,312.00L₹0.00L
Long Term Provisions₹2,633.00L₹1,495.00L₹2,771.00L₹589.00L₹0.00L
Current Debt And Capital Lease Obligation₹48,114.00L₹29,463.00L₹1,40,010.00L₹60,860.00L₹0.00L
Total Assets₹15,23,692.00L₹11,85,023.00L₹15,33,936.00L₹9,16,888.00L₹0.00L
Machinery Furniture Equipment₹4,91,407.00L₹4,81,305.00L₹4,64,489.00L₹2,64,797.00L₹0.00L
Total Equity Gross Minority Interest₹7,72,875.00L₹5,73,447.00L₹4,84,414.00L₹4,52,755.00L₹0.00L
Gross PPE₹8,34,020.00L₹7,40,094.00L₹7,12,584.00L₹5,59,207.00L₹0.00L
Common Stock₹13,117.00L₹13,083.00L₹13,077.00L₹13,048.00L₹0.00L
Total Capitalization₹7,90,497.00L₹7,21,999.00L₹6,64,163.00L₹5,45,533.00L₹0.00L
Goodwill And Other Intangible Assets₹39,318.00L₹35,534.00L₹35,686.00L₹35,009.00L₹0.00L
Total Debt₹1,08,264.00L₹1,92,990.00L₹3,34,509.00L₹1,65,451.00L₹0.00L
Other Equity Interest₹5,447.00L₹3,918.00L₹3,210.00L₹1,008.00L₹0.00L
Capital Stock₹13,117.00L₹13,083.00L₹13,077.00L₹13,048.00L₹0.00L
Additional Paid In Capital₹1,38,206.00L₹1,37,144.00L₹1,02,691.00L₹1,01,897.00L₹0.00L
Total Non Current Assets₹6,79,993.00L₹5,76,366.00L₹5,68,899.00L₹4,85,267.00L₹0.00L
Invested Capital₹8,36,551.00L₹7,50,549.00L₹8,03,160.00L₹6,04,735.00L₹0.00L
Cash Cash Equivalents And Short Term Investments₹1,75,840.00L₹1,47,327.00L₹2,07,234.00L₹2,13,339.00L₹0.00L
Net Tangible Assets₹7,06,954.00L₹5,26,095.00L₹4,37,519.00L₹4,07,823.00L₹0.00L
Prepaid Assets₹57,048.00L₹38,595.00L₹50,362.00L₹23,362.00L₹0.00L
Cash And Cash Equivalents₹1,14,712.00L₹81,873.00L₹1,01,634.00L₹64,021.00L₹0.00L
Stockholders Equity₹7,46,272.00L₹5,61,629.00L₹4,73,205.00L₹4,42,832.00L₹0.00L
Other Short Term Investments₹61,128.00L₹65,454.00L₹1,05,600.00L₹1,49,318.00L₹0.00L
Hedging Assets Current₹716.00L₹270.00L₹257.00L₹369.00L₹0.00L
Share Issued₹2,623.49L₹2,616.67L₹2,615.29L₹2,609.49L₹0.00L
Current Assets₹8,43,699.00L₹6,08,657.00L₹9,65,037.00L₹4,31,621.00L₹0.00L
Working Capital₹2,11,488.00L₹2,10,973.00L₹1,48,518.00L₹1,36,033.00L₹0.00L
Current Debt₹46,054.00L₹28,550.00L₹1,38,997.00L₹59,202.00L₹0.00L
Ordinary Shares Number₹2,622.63L₹2,615.80L₹2,615.29L₹2,609.49L₹0.00L
Long Term Debt And Capital Lease Obligation₹60,150.00L₹1,63,527.00L₹1,94,499.00L₹1,04,591.00L₹0.00L
Current Liabilities₹6,32,211.00L₹3,97,684.00L₹8,16,519.00L₹2,95,588.00L₹0.00L
Net PPE₹5,15,146.00L₹4,54,132.00L₹4,60,467.00L₹3,41,266.00L₹0.00L
Retained Earnings₹5,16,762.00L₹3,39,887.00L₹2,90,112.00L₹2,82,552.00L₹0.00L
Construction In Progress₹89,907.00L₹15,972.00L₹10,511.00L₹1,34,425.00L₹0.00L
Other Non Current Assets₹19,014.00L₹9,828.00L₹4,086.00L₹25,618.00L₹0.00L
Common Stock Equity₹7,46,272.00L₹5,61,629.00L₹4,73,205.00L₹4,42,832.00L₹0.00L
Other Intangible Assets₹1,998.00L₹1,222.00L₹1,374.00L₹697.00L₹0.00L
Inventory₹4,21,154.00L₹2,31,556.00L₹5,68,616.00L₹1,01,946.00L₹0.00L
Other Properties₹4,25,239.00L₹17,242.00L₹17,593.00L₹2,06,841.00L₹0.00L

Cash Flow

Metric31/03/202531/03/202431/03/202331/03/2022
Changes In Cash₹31,481.00L-₹20,340.00L₹30,697.00L₹46,212.00L
Financing Cash Flow-₹1,36,908.00L-₹1,87,679.00L₹90,876.00L₹45,274.00L
Net Income₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹44,417.00L
Free Cash Flow₹65,095.00L₹1,00,703.00L-₹1,37,931.00L-₹76,066.00L
Investing Cash Flow₹18,022.00L₹36,740.00L-₹41,666.00L-₹20,909.00L
End Cash Position₹1,14,712.00L₹81,873.00L₹1,01,634.00L₹64,021.00L
Other Cash Adjustment Outside Changein Cash-₹449.00L₹0.00L₹4,261.00L₹0.00L
Capital Expenditure-₹85,272.00L-₹29,896.00L-₹1,19,418.00L-₹97,913.00L
Beginning Cash Position₹81,873.00L₹1,01,635.00L₹64,021.00L₹16,980.00L
Issuance Of Capital Stock₹15,970.00L₹138.00L₹580.00L₹0.00L
Operating Cash Flow₹1,50,367.00L₹1,30,599.00L-₹18,513.00L₹21,847.00L

Income Statement

Metric31/03/202531/03/202431/03/202331/03/202231/03/2021
Rent Expense Supplemental₹1,457.00L₹1,168.00L₹1,333.00L₹275.00L₹0.00L
Income Tax Expense₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Total Operating Expenses₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Net Income From Continuing Operation Net Minority Interest₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹43,881.00L₹0.00L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
EBITDA₹2,92,394.00L₹2,05,700.00L₹86,253.00L₹1,00,937.00L₹0.00L
Total Unusual Items₹88,104.00L₹14,102.00L₹19,539.00L₹34,273.00L₹0.00L
Operating Revenue₹13,32,182.00L₹16,89,561.00L₹9,48,706.00L₹6,32,918.00L₹0.00L
Total Expenses₹11,98,685.00L₹15,61,303.00L₹9,26,261.00L₹6,09,017.00L₹0.00L
Ebit₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Tax Effect Of Unusual Items₹14,007.02L₹2,768.36L₹5,861.70L₹11,227.34L₹0.00L
Total Unusual Items Excluding Goodwill₹88,104.00L₹14,102.00L₹19,539.00L₹34,273.00L₹0.00L
Interest Income Non Operating₹9,163.00L₹9,509.00L₹9,224.00L₹16,474.00L₹0.00L
Interest Expense Non Operating₹31,099.00L₹29,565.00L₹22,593.00L₹9,406.00L₹0.00L
Interest Income₹9,163.00L₹9,509.00L₹9,224.00L₹16,474.00L₹0.00L
General And Administrative Expense₹17,199.00L₹15,581.00L₹13,010.00L₹10,107.00L₹0.00L
Net Income From Continuing And Discontinued Operation₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹43,881.00L₹0.00L
Reconciled Depreciation₹35,107.00L₹34,787.00L₹30,297.00L₹25,475.00L₹0.00L
Net Income Continuous Operations₹1,90,228.00L₹1,13,600.00L₹19,917.00L₹44,417.00L₹0.00L
Reconciled Cost Of Revenue₹9,35,721.00L₹12,56,841.00L₹7,41,899.00L₹4,89,077.00L₹0.00L
Net Income₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹43,881.00L₹0.00L
Operating Income₹1,33,497.00L₹1,28,258.00L₹22,445.00L₹23,901.00L₹0.00L
Diluted Average Shares₹2,634.16L₹2,624.10L₹2,620.30L₹2,616.09L₹0.00L
Selling And Marketing Expense₹5,563.00L₹9,959.00L₹4,792.00L₹464.00L₹0.00L
Normalized Income₹1,16,717.02L₹99,706.36L₹6,991.70L₹20,835.34L₹0.00L
Total Other Finance Cost₹866.00L₹873.00L₹1,723.00L₹783.00L₹0.00L
Net Non Operating Interest Income Expense-₹22,802.00L-₹20,929.00L-₹15,092.00L₹6,285.00L₹0.00L
EBIT₹2,57,287.00L₹1,70,913.00L₹55,956.00L₹75,462.00L₹0.00L
Gross Profit₹3,96,461.00L₹4,32,720.00L₹2,06,807.00L₹1,43,841.00L₹0.00L
Diluted NIAvailto Com Stockholders₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹43,881.00L₹0.00L
Cost Of Revenue₹9,35,721.00L₹12,56,841.00L₹7,41,899.00L₹4,89,077.00L₹0.00L
Net Interest Income-₹22,802.00L-₹20,929.00L-₹15,092.00L₹6,285.00L₹0.00L
Normalized EBITDA₹2,04,290.00L₹1,91,598.00L₹66,714.00L₹66,664.00L₹0.00L
Operating Expense₹2,62,964.00L₹3,04,462.00L₹1,84,362.00L₹1,19,940.00L₹0.00L
Net Income Common Stockholders₹1,90,814.00L₹1,11,040.00L₹20,669.00L₹43,881.00L₹0.00L
Pretax Income₹2,26,188.00L₹1,41,348.00L₹33,363.00L₹66,056.00L₹0.00L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Selling General And Administration₹22,762.00L₹25,540.00L₹17,802.00L₹10,571.00L₹0.00L
Total Revenue₹13,32,182.00L₹16,89,561.00L₹9,48,706.00L₹6,32,918.00L₹0.00L
Other Operating Expenses₹1,47,999.00L₹1,74,010.00L₹95,394.00L₹60,213.00L₹0.00L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Interest Expense₹31,099.00L₹29,565.00L₹22,593.00L₹9,406.00L₹0.00L
Basic Average Shares₹2,621.19L₹2,615.53L₹2,613.03L₹2,609.49L₹0.00L
Net Income Including Noncontrolling Interests₹1,90,228.00L₹1,13,600.00L₹19,917.00L₹44,417.00L₹0.00L
Tax Provision₹35,960.00L₹27,748.00L₹13,446.00L₹21,639.00L₹0.00L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L

Company Performance (FY22–FY25)

₹16.9 K Cr₹12.7 K Cr₹8.4 K Cr₹4.2 K Cr₹0
₹6.3 K Cr
₹9.5 K Cr
₹16.9 K Cr
₹13.3 K Cr
FY22FY23FY24FY25
Latest
₹13.32 K Cr
Growth (YoY)
-21.2%
Average
₹11.51 K Cr

Directors

AppointmentDirector nameDINDesignation
26/04/1995Balkrishan Gopiram Goenka00270175DirectorView other directorships
26/04/1995Rajesh Mandawewala00007179DirectorView other directorships
01/12/2017Vipul Mathur*****2125CCEO
01/12/2017Vipul Mathur07990476Managing DirectorView other directorships
11/06/2018Percy Birdy*****3987PCFO
02/02/2023Manish Chokhani00204011DirectorView other directorships
01/04/2023Anjani Agrawal08579812DirectorView other directorships
04/08/2023Dipali Hemant Sheth07556685DirectorView other directorships
04/08/2023Aneesh Misra10221598DirectorView other directorships
21/10/2024Ravindra Pandey07188637DirectorView other directorships
08/11/2024Kamal Rathi*****1683HCompany Secretary
09/12/2024Chandra Shekhar Verma00121756DirectorView other directorships
09/12/2024Raghupal Singh09583239Nominee DirectorView other directorships

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Direct/Ultimate Children

TypeLegal NameLEI code
DirectWelspun Pipes, Inc.2549005RRKTHKOPR8F35
DirectWelspun Tradings Limited335800J2VDWR1X5D1N59
DirectWelspun Di Pipes Limited9845009A1C0E09D2ID25
UltimateWelspun Tubular Llc2549008411AQ0QBJDX87

Address

Welspun City, Village Versamedi, Taluka Anjar, Kachchh, Anjar, Gujarat, India, 370110

Frequently Asked Questions

What is the incorporation date of Welspun Corp Limited?
The incorporation date of Welspun Corp Limited is 26/04/1995.
What is the authorized share capital and paid-up capital of Welspun Corp Limited?
The authorized share capital of Welspun Corp Limited is ₹5,52,05,00,000.00. The paid-up capital is ₹1,31,89,53,225.00.
Who are the current board members & directors of Welspun Corp Limited?

The current board member of Welspun Corp Limited are:

  • Balkrishan Gopiram Goenka
  • Percy Birdy
  • Manish Chokhani
  • Vipul Mathur
  • Vipul Mathur
  • Rajesh Mandawewala
  • Chandra Shekhar Verma
  • Raghupal Singh
  • Ravindra Pandey
  • Kamal Rathi
  • Dipali Hemant Sheth
  • Aneesh Misra
  • Anjani Agrawal
What is the registered address of Welspun Corp Limited?
The registered address of Welspun Corp Limited is Welspun City, Village Versamedi, Taluka Anjar, Kachchh, Anjar, Gujarat, India, 370110.
What is the Corporate Identification Number of Welspun Corp Limited?
The Corporate Identification Number of Welspun Corp Limited is L27100GJ1995PLC025609.