Welspun Corp Ltd - Company Profile
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Welspun Corp Ltd (WCL) is a conglomerate engaged in the production and supply of line pipes, home textiles, infrastructure, warehousing, oil and gas, steel, advanced textiles, and flooring solutions. The company offers a range of products including welded line pipes, ductile iron pipes, stainless steel pipes, tubes, and bars, with plans to expand into TMT bars. Its products serve a diverse customer base across industries such as oil and gas, construction, and infrastructure development, catering to the technical requirements of its clients. The company operates through a network of manufacturing facilities located in India, the USA, and Saudi Arabia. Its target markets include regions across Asia, North America, and the Middle East. WCL is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Welspun House, 5th Floor, Kamala City, Senapati Bapat Marg Lower Parel, Lower Parel, Mumbai, Maharashtra, 400013
Website
www.welspuncorp.com
Telephone
91 22 66136000
No of Employees
2,698
Industry
Construction
Ticker Symbol & Exchange
WELCORP (NSE)
Revenue (2025)
$1.9B
20%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-15.5%
(2025 vs 2024)
Market Cap*
$4.1B
Net Profit Margin (2025)
XYZ
-29.5%
(2025 vs 2024)
* As of and is in US$
Welspun Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| ERW pipes | Coating systems |
| HSAW pipes | Ancillary services |
| LSAW pipes | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In December, the company announced its US$100 million expansion plan to double the capacity of its Little Rock facility in the US to 3.5 lakh tons. |
| 2025 | Stake Sale | In August, the company sold its remaining 6.1% stake in Nauyaan Shipyard Private Limited to Nauyaan Tradings Private Limited for US$5.2 million. |
| 2025 | Stake Sale | In July, the company sold a 9.9% stake in Nauyaan Shipyard Private Limited to Nauyaan Tradings Private Limited for INR547 million. |
Competitor Comparison
| Key Parameters | Welspun Corp Ltd | Jindal SAW Ltd | Ratnamani Metals and Tubes Ltd | Man Industries (India) Ltd | Arabian Pipes Co |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | Saudi Arabia |
| City | Mumbai | New Delhi | Ahmedabad | Mumbai | Riyadh |
| State/Province | Maharashtra | Delhi | Gujarat | Maharashtra | - |
| No. of Employees | 2,698 | 7,565 | 3,160 | 742 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vipul Mathur | Director; Managing Director; Chief Executive Officer | Executive Board | 2017 | 55 |
| Percy Birdy | Chief Financial Officer | Senior Management | 2018 | 58 |
| Satish Patil | Chief Digital Officer | Senior Management | 2024 | - |
| Rakesh Mehta | Chief Human Resources Officer | Senior Management | 2025 | - |
| Balkrishan Goenka | Chairman | Non Executive Board | 1995 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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