Welspun Enterprises Limited

BSE: 532553 NSE: WELENT
Welspun Enterprises Limited - infrastructure and utilities in Anjar, Gujarat, India. FY 2026 financials & compliance.
CIN L45201GJ1994PLC023920 Incorporated 20 December 1994 ROC Ahmedabad HQ Anjar, Gujarat, India
Active Listed - NSE: WELENT · BSE: 532553 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹9,375 Cr
WELENT · NSE
Share Price
₹722.05
+6.61% today
Revenue
₹3,615 Cr
FY 2025-26 · -2.2% YoY
EBITDA
₹684 Cr
Margin 18.9%
Net Profit
₹384 Cr
FY 2025-26 · +19.2% YoY
P/E (TTM)
23.8x
P/B 3.1x
ROE
15.3%
ROCE 17.2%
Debt / Equity
0.62
Interest cover 31.3x

About Welspun Enterprises Limited

Data last updated:

Welspun Enterprises Limited is a public limited company based in Anjar, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 20 December 1994 and has been in existence for over 32 years.

Its director Balkrishan Goenka is #56 among India's richest people (2026). Its director Rajesh R Mandawewala is #1,750 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45201GJ1994PLC023920. Its GSTIN is 24AABCM4107C1Z7 (Gujarat). The company holds 11 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532553 and NSE: WELENT.

The company has an authorised share capital of ₹275 Cr and a paid-up capital of ₹138.41 Cr. It was formerly known as Welspun Projects Limited and Msk Projects (India) Limited. It is led by directors including Sandeep Garg (Managing Director) and Rajesh Mandawewala.

Its last annual general meeting (AGM) was held on 20 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Welspun City Village Versamedi Taluka Anjar, Gujarat, India – 370110.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,615.38 Cr, a decline of 2.2% compared to the previous year. For the same year it recorded a net profit of ₹383.89 Cr (net margin 10.6%) and EBITDA of ₹684.24 Cr (EBITDA margin 18.9%). The net worth stands at ₹3,044.11 Cr (up 19.8% YoY). Total assets are valued at ₹5,301.69 Cr (up 24.4% YoY).

Its group structure includes 16 subsidiaries.

The company is associated with 3 brands: Welspun Michigan, Welspun Enterprises and Welspun Group. As per MCA filings, the company has open charges of ₹5,130.04 Cr and satisfied charges of ₹16,116 Cr on record. Court records list 195 cases involving the company, including 54 filed by the company and 141 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welspunenterprises.com.

Company details

CIN L45201GJ1994PLC023920
Registration Number 023920
Incorporation Date 20 December 1994
ROC Ahmedabad
Listing Status Listed - Listed on NSE (WELENT); Listed on BSE (532553)
Company Status Active
Date of Last AGM 20 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Welspun Enterprises has undergone 2 name changes throughout its history. The company was previously known as Welspun Projects Limited, and Msk Projects (India) Limited. The current legal name is Welspun Enterprises Limited.

Company NameStatus
Welspun Enterprises LimitedCurrent
Welspun Projects LimitedPrevious
Msk Projects (India) LimitedPrevious

CIN history

Welspun Enterprises has one previous CIN (Corporate Identification Number): U45201GJ1994PLC023920. The current CIN is L45201GJ1994PLC023920, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45201GJ1994PLC023920Current
U45201GJ1994PLC023920Previous
Key People
Sandeep Garg Managing Director Rajesh Mandawewala Director Raghav Chandra Director

Recognitions & Rankings of Welspun Enterprises

Contact details

Welspun Enterprises Limited's registered office is in Anjar, Gujarat. Its website is welspunenterprises.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    welspunenterprises.com
  • Social Media
  • Registered Address
    Welspun City Village Versamedi Taluka Anjar, Gujarat, India – 370110
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Welspun Enterprises Limited, buy the company report.

Comprehensive company report
Welspun Enterprises Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Welspun Enterprises operates multiple associated brands including Welspun Michigan, Welspun Enterprises, and Welspun Group. Each brand links to its own profile.

BrandDescriptionWebsite
Welspun Michigan
Provides trenchless technologies for urban infrastructure projects in Indian cities.welspunmichigan.com
Welspun Enterprises
Investment solutions are provided across diverse sectors and needs.welspunenterprises.com
Welspun Group
Manufacturer of pipes, plates & coils, and home textile productswelspun.com

Business activity

The main business activity of Welspun Enterprises is construction. In detail, this covers civil engineering.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstruction42Civil engineering

To see the full business activity and turnover split of Welspun Enterprises Limited, buy the company report.

Financials of Welspun Enterprises Limited

FY 2025-26 filings available

Welspun Enterprises Limited reported revenue of ₹3,615.38 Cr (down 2.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,615 Cr
-2.2% YoY
EBITDA
₹684 Cr
+13.8% YoY
Profit After Tax
₹384 Cr
+19.2% YoY
Net Worth
₹3,044 Cr
+19.8% YoY
Total Assets
₹5,302 Cr
+24.4% YoY
Total Debt
₹1,987 Cr
+32.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,6153,6952,8742,7581,3421,5301,808
Revenue growth-2.2%+28.6%+4.2%+105.5%-12.2%-15.4%-
EBITDA684601397146147164191
EBITDA margin+18.9%+16.3%+13.8%+5.3%+11.0%+10.7%+10.6%
Profit before tax532490449783152180203
Net profit384322294270124129145
Net profit margin+10.6%+8.7%+10.2%+9.8%+9.2%+8.4%+8.0%
EPS (₹)25.8023.5921.6248.198.338.6710.03
Balance sheet
Total assets5,3024,2623,5063,4884,5353,9552,426
Net worth3,0442,5402,3232,3561,7911,6841,579
Total debt1,9871,4997627642,5262,237812
Cash & bank338643481542277214149
Net working capital8251,2841,103727199351341
Cash flow
Cash from operations112(273)(344)3452878.74(57.94)
Cash from investing(877)1.21(57.32)1,197(487)(918)(49.54)
Cash from financing426536(486)(204)125753106
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue7741,1997877848451,054867815
Revenue growth (YoY)-8.4%+13.8%-9.2%-3.9%-9.1%---
Other income35.0532.2419.5421.8625.5722.7752.0922.62
EBITDA116238103172169177122116
EBITDA margin+15.0%+19.9%+13.0%+22.0%+20.0%+16.8%+14.1%+14.2%
Depreciation10.5912.8313.0113.3311.4614.5213.6913.99
Interest53.2852.6251.5052.5441.5443.5849.9334.28
Profit before tax87.5920557.5812814114211189.93
Tax31.2342.3026.8430.0940.0936.6733.5928.37
Net profit56.3616330.7498.0810110577.0561.56
EPS (₹)3.2910.441.746.536.556.825.164.21
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,5952,8272,4502,6761,3071,4101,760
Revenue growth-8.2%+15.4%-8.4%+104.8%-7.3%-19.9%-
EBITDA363324337195144169206
EBITDA margin+14.0%+11.4%+13.7%+7.3%+11.0%+12.0%+11.7%
Profit before tax414413396815116141214
Net profit32030728423192.55107155
Net profit margin+12.3%+10.9%+11.6%+8.6%+7.1%+7.6%+8.8%
EPS (₹)22.7322.5120.8951.216.247.2210.73
Balance sheet
Total assets3,3712,8942,8043,1542,6082,4552,076
Net worth3,1522,6902,4222,4651,8941,8191,736
Total debt216199190483513607310
Cash & bank24055742747086.22167121
Net working capital6691,0871,137879753575496
Cash flow
Cash from operations354274(106)24.96222337104
Cash from investing(772)1.64(75.89)1,674(266)(717)(168)
Cash from financing99.68(67.29)(662)(243)(173)20777.73
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue543809589593604734683663
Revenue growth (YoY)-10.0%+10.2%-13.9%-10.5%-19.1%---
Other income37.4735.9823.7224.8131.9625.8626.0525.04
Total expenses481697522502512638604589
EBITDA61.9711367.0791.3892.1196.4478.9573.49
EBITDA margin+11.4%+13.9%+11.4%+15.4%+15.3%+13.1%+11.6%+11.1%
Depreciation2.893.143.143.712.032.362.192.59
Interest14.9816.3414.5517.095.387.727.638.65
Profit before tax81.5712973.1095.3911711295.1887.29
Tax21.1335.9417.9022.1529.8927.6125.7422.57

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue7741,1997877848451,054867815
Revenue growth (YoY)-8.4%+13.8%-9.2%-3.9%-9.1%---
Other income35.0532.2419.5421.8625.5722.7752.0922.62
EBITDA116238103172169177122116
EBITDA margin+15.0%+19.9%+13.0%+22.0%+20.0%+16.8%+14.1%+14.2%
Depreciation10.5912.8313.0113.3311.4614.5213.6913.99
Interest53.2852.6251.5052.5441.5443.5849.9334.28
Profit before tax87.5920557.5812814114211189.93
Tax31.2342.3026.8430.0940.0936.6733.5928.37
Net profit56.3616330.7498.0810110577.0561.56
EPS (₹)3.2910.441.746.536.556.825.164.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,6153,6952,8742,7581,3421,5301,808
Revenue growth-2.2%+28.6%+4.2%+105.5%-12.2%-15.4%-
Other income96.6898.03189769103142112
Total expenses2,9313,0942,4772,6121,1951,3651,617
Employee cost23220017314911082.8187.14
EBITDA684601397146147164191
EBITDA margin+18.9%+16.3%+13.8%+5.3%+11.0%+10.7%+10.6%
Depreciation50.6350.9027.5613.1015.9315.9922.54
Interest19815811011982.9011077.36
Profit before tax532490449783152180203
Tax13913613057.0125.6149.5451.61
Net profit384322294270124129145
Net profit margin+10.6%+8.7%+10.2%+9.8%+9.2%+8.4%+8.0%
EPS (₹)25.8023.5921.6248.198.338.6710.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital136137137150150149148
Reserves & surplus2,6582,4032,1872,2061,6411,5361,431
Shareholders' funds (net worth)3,0442,5402,3232,3561,7911,6841,579
Minority interest2171691675.972.681.280.10
Secured loans1,9721,4907527542,3032,141720
Unsecured loans14.618.659.639.9422495.8391.79
Total debt1,9871,4997627642,5262,237812
Total liabilities5,3024,2623,5063,4884,5353,9552,426
Assets
Gross block5124774411301,933150139
Net block28830328969.701,871103107
Capital work in progress7.438.576.726.5563.811,40363.81
Investments1,6507637651,558812804948
Inventories17416315786.4148.074.890.68
Sundry debtors510303456326138135187
Cash & bank balances338643481542277214149
Loans & advances1,7841,9121,4001,3421,068820695
Total current assets2,8053,0202,4932,2961,5311,1741,031
Total current liabilities1,9801,7371,3901,5691,332823691
Net working capital8251,2841,103727199351341
Total assets5,3024,2623,5063,4884,5353,9552,426
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5122491,616262337493494
Net cash from operating activities112(273)(344)3452878.74(57.94)
Net cash from investing activities(877)1.21(57.32)1,197(487)(918)(49.54)
Net cash from financing activities426536(486)(204)125753106
Net change in cash(338)264(888)1,338(75.33)(156)(1.53)
Closing cash338643481542277214149
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.2%+28.6%+4.2%+105.5%-12.2%-15.4%-
EBITDA growth+13.9%+51.3%+171.5%-0.6%-10.3%-14.0%-
PBT growth+8.5%+9.2%-42.7%+416.2%-15.6%-11.4%-2.1%
Net income growth+19.2%+9.6%+8.8%+118.2%-4.1%-11.0%-
Revenue CAGR (3Y)+9.4%+40.2%+23.4%+15.1%-9.1%+12.8%+80.9%
EBITDA CAGR (3Y)+67.2%+59.8%+34.3%-8.5%-6.3%+56.3%-
Profitability & leverage
Net income margin+10.9%+9.6%+11.1%+26.3%+9.4%+8.5%+8.4%
Return on capital employed+17.3%+17.4%+16.4%+9.3%+4.4%+9.1%+12.4%
Return on net worth+15.3%+14.6%+13.7%+13.2%+7.2%+8.0%+10.0%
Debt / equity0.620.460.330.791.370.930.46
Long-term debt / equity0.550.380.250.701.250.770.29
Interest cover31.2828.7029.6989.1163.1474.5545.98
Efficiency & per share
Fixed asset turnover7.318.0510.062.671.2910.5612.25
Inventory turnover21.4923.1523.6541.0250.69549.202,563.96
Debtors turnover8.909.747.3511.909.869.527.73
EPS (₹)25.8023.5921.6248.198.338.6710.03
Dividend per share (₹)3.003.003.008.501.501.502.00
Book value per share (₹)206.04185.81170.20157.09119.58113.16106.39
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue543809589593604734683663
Revenue growth (YoY)-10.0%+10.2%-13.9%-10.5%-19.1%---
Other income37.4735.9823.7224.8131.9625.8626.0525.04
Total expenses481697522502512638604589
EBITDA61.9711367.0791.3892.1196.4478.9573.49
EBITDA margin+11.4%+13.9%+11.4%+15.4%+15.3%+13.1%+11.6%+11.1%
Depreciation2.893.143.143.712.032.362.192.59
Interest14.9816.3414.5517.095.387.727.638.65
Profit before tax81.5712973.1095.3911711295.1887.29
Tax21.1335.9417.9022.1529.8927.6125.7422.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,5952,8272,4502,6761,3071,4101,760
Revenue growth-8.2%+15.4%-8.4%+104.8%-7.3%-19.9%-
Other income11613110270537.8028.9752.58
Total expenses2,2322,5042,1142,4811,1631,2411,554
Employee cost18616715814810980.7883.99
EBITDA363324337195144169206
EBITDA margin+14.0%+11.4%+13.7%+7.3%+11.0%+12.0%+11.7%
Depreciation12.028.749.719.5912.4212.2519.44
Interest53.3632.9833.4175.5253.4844.5225.37
Profit before tax414413396815116141214
Tax10610511146.9422.5633.6054.73
Net profit32030728423192.55107155
Net profit margin+12.3%+10.9%+11.6%+8.6%+7.1%+7.6%+8.8%
EPS (₹)22.7322.5120.8951.216.247.2210.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital136137137150150149148
Reserves & surplus2,7662,5532,2862,3151,7441,6701,587
Shareholders' funds (net worth)3,1522,6902,4222,4651,8941,8191,736
Secured loans201191181463354566189
Unsecured loans14.618.659.2619.6315941.34121
Total debt216199190483513607310
Total liabilities3,3712,8942,8043,1542,6082,4552,076
Assets
Gross block63.8840.7957.4763.0380.6266.3757.46
Net block27.0215.8015.9119.8232.5028.5631.57
Capital work in progress0.882.020.000.000.000.000.00
Investments2,5051,6331,5072,0241,4631,5111,433
Inventories12911210386.2948.004.890.68
Sundry debtors571660621569312209341
Cash & bank balances24055742747086.22167121
Loans & advances1,3811,1429029721,191926637
Total current assets2,3212,4712,0532,0971,6381,3071,099
Total current liabilities1,6521,3849171,218885732603
Net working capital6691,0871,137879753575496
Total assets3,3712,8942,8043,1542,6082,4552,076
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4342251,54976.74294467454
Net cash from operating activities354274(106)24.96222337104
Net cash from investing activities(772)1.64(75.89)1,674(266)(717)(168)
Net cash from financing activities99.68(67.29)(662)(243)(173)20777.73
Net change in cash(319)208(844)1,455(217)(174)13.55
Closing cash24055742747086.22167121
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-8.2%+15.4%-8.4%+104.8%-7.3%-19.9%-
EBITDA growth+12.2%-3.9%+72.7%+35.3%-14.7%-18.2%-
PBT growth+0.2%+4.4%-51.4%+602.6%-17.8%-34.1%-7.7%
Net income growth+4.3%+8.2%+22.9%+149.8%-13.9%-30.8%-
Revenue CAGR (3Y)-1.0%+29.3%+20.2%+15.0%-9.1%+12.2%+82.1%
EBITDA CAGR (3Y)+23.0%+31.0%+25.9%-1.9%-7.5%+43.9%-
Profitability & leverage
Net income margin+11.9%+10.9%+11.6%+28.7%+7.2%+7.6%+9.1%
Return on capital employed+14.9%+15.7%+14.4%+11.1%+6.7%+8.2%+12.4%
Return on net worth+10.6%+12.0%+11.7%+10.6%+5.0%+6.1%+9.6%
Debt / equity0.070.080.140.230.300.260.14
Long-term debt / equity0.000.000.060.150.220.130.00
Interest cover15.2010.4810.2240.7440.6128.4313.58
Efficiency & per share
Fixed asset turnover49.5857.5540.6737.2617.7822.7818.30
Inventory turnover21.5026.2925.8739.8649.42506.352,496.52
Debtors turnover4.224.414.126.085.025.135.16
EPS (₹)22.7322.5120.8951.216.247.2210.73
Dividend per share (₹)3.003.003.008.501.501.502.00
Book value per share (₹)213.97196.75177.44164.34126.46122.18116.90

To see the full year-wise statements and ratios of Welspun Enterprises Limited, buy the company report.

Board of directors of Welspun Enterprises Limited

Welspun Enterprises has 8 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Mandawewala
Also directs: Welspun Real Estate Ventures LLP, DBG Multiventures LLP, Welspun Living Limited and 5 more
Director06 Jul 201214 Years 4 MonthsCurrent
Raghav Chandra
Also directs: 1234 Intellitech LLP, Snowman Logistics Limited, JSW Cement Limited and 5 more
Director15 May 20197 Years 5 MonthsCurrent
Aruna Sharma
Also directs: Welspun Aunta-Simaria Project Private Limited, Hindustan Zinc Limited, Mannya Micky Consultancy Services LLP and 5 more
Director29 Jan 20197 Years 9 MonthsCurrent
Balkrishan Gopiram Goenka
Also directs: Welspun Real Estate Ventures LLP, DBG Multiventures LLP, Welspun Living Limited and 5 more
Director29 May 20206 Years 5 MonthsCurrent
Anoop Kumar Mittal
Also directs: Charming Developers LLP, Urban Garden LLP, Hindustan Zinc Limited and 5 more
Director16 Jun 20215 Years 4 MonthsCurrent
Sandeep Garg
Also directs: Welspun Michigan Engineers Limited, Adani Welspun Exploration Limited, Welspun Financial Services Limited
Managing Director08 Aug 20224 Years 2 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Welspun Enterprises Limited is audited by MGB & Co LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
MGB & Co LLPFY 2025101169W/ W-100035

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 56.10%, foreign institutional investors hold 3.90%, domestic institutional investors hold 9.30% and retail and other public shareholders hold 30.70%.

Promoters: 56.10%DII (Domestic Institutional): 9.30%FII (Foreign Institutional): 3.90%Retail & Others: 30.70%
Sep 2026
QUARTER
56.10% Promoters
9.30% DII (Domestic Institutional)
3.90% FII (Foreign Institutional)
30.70% Retail & Others
Promoter holding - history
Now 56.10% · Sep 2026High 56.10% · Mar 2026Low 55.50% · Dec 2025
54%55%56%57%58%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 55.50%Mar 2026: 56.10%Jun 2026: 56.10%Sep 2026: 56.10%56.10%55.50%56.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters56.10%56.10%56.10%55.50%
Public43.90%43.90%43.90%44.50%

Charges & borrowings

Open charges
₹5,130.04 Cr
Satisfied charges
₹16,116 Cr
Breakdown by lending institutions
Others₹5,130.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Nov 2025101192184Others₹152 CrOpen
10 Oct 2024100996018Others₹1,236.56 CrOpen
16 Mar 2019100252723Others₹3,000 CrOpen
13 Feb 2019100238500Others₹35.43 CrOpen
19 Feb 2018100158927Others₹706.05 CrOpen

To see the full charge records of Welspun Enterprises Limited, buy the company report.

Total charge records: 138 View all charges

MSME payment delays

Welspun Enterprises Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
Skyline Industries Pvt Ltd

To see the full MSME payment records of Welspun Enterprises Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Welspun Enterprises has 16 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

16
Subsidiary companies
2
Associated companies
Key subsidiaries
Company NameCINShares held
Welspun Projects (Himmatnagar Bypass) Private LimitedU08106GJ2005PTC045753
Welspun New Energy LimitedU40100DL2022PLC399468
Welspun Infraconstruct Private LimitedU41000GJ2018PTC141883
Welspun-Kaveri Infraprojects JV Private LimitedU41000GJ2021PTC141882
Welspun Build-Tech Private LimitedU45200MH2008PTC178766
Welsteel Enterprises Private LimitedU45201DL2018PTC335713

To see the full group structure of Welspun Enterprises Limited, buy the company report.

GST

Welspun Enterprises has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
9
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AABCM4107C1Z7GujaratActive01 Jul 2017
03AABCM4107C1ZBPunjabActive01 Jul 2017
09AABCM4107C1ZZUttar PradeshActive01 Jul 2017
23AABCM4107C1Z9Madhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Welspun Enterprises Limited, buy the company report.

Recent activity

Welspun Enterprises Limited has 75 board changes on record since 1994: 42 appointments and 33 cessations. The latest: Abhishek Chaudhary ceased to be CEO on 11 Nov 2025.

AGM
Welspun Enterprises Limited last Annual general meeting of members was held on 20 Aug 2026 as per latest MCA records.
Filing
Welspun Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 3,000.00 Cr registered on 16 Mar 2019 with Charge ID 100252723 was modified on 16 Jan 2026.
Ceased
Abhishek Chaudhary ceased to be CEO.
Charges
A charge with Others amounted to Rs. 152.00 Cr with Charge ID 101192184 was registered on 07 Nov 2025.
Charges
A charge registered on 20 Nov 2020 via Charge ID 100393021 with Axis Bank Limited was fully satisfied on 10 Oct 2025.
Charges
A charge with Others of Rs. 35.43 Cr registered on 13 Feb 2019 with Charge ID 100238500 was modified on 16 Sep 2025.
Charges
A charge registered on 14 Jan 2022 via Charge ID 100526563 with Others was fully satisfied on 10 Sep 2025.
Appointed
Deepak Chandrabhan Singh Chauhan was appointed as Director.
Charges
A charge registered on 06 Mar 2010 via Charge ID 10208738 with Axis Bank Limited was fully satisfied on 12 Nov 2024.
Appointed
Abhishek Chaudhary was appointed as CEO.
Charges
A charge registered on 28 Mar 2002 via Charge ID 90103523 with Idbi Bank Ltd. was fully satisfied on 25 Oct 2024.

366 earlier events are in the company report.

News

Welspun Enterprises: Gets Approval From NDMC For Sewer Rehab Project Worth About ₹66 Crore; Total Orders Now At Approximately ₹2,356.66 Crore.
07 Oct 2026 · Exchange Update
Welspun Enterprise: Projects 10%-20% Revenue Growth For FY27
24 Sep 2026 · Exchange Update
Welspun Enterprise: Co's Executive Reveals New Project Expected Margins Between 24-25%
24 Sep 2026 · Exchange Update
Welspun Enterprises: Co' Unit Gets 351.24 Crore Rupee Sewer Rehab Contracts From Ahmedabad Municipal Corporation.
21 Sep 2026 · Exchange Update

Frequently asked questions

Welspun Enterprises is an active public limited company based in Anjar, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 20 December 1994 (32+ years old) and is registered under CIN L45201GJ1994PLC023920. Listed on BSE: 532553 and NSE: WELENT.

Welspun Enterprises reported revenue of ₹3,615.38 Cr for FY 2025-26 (down 2.2% YoY) based on consolidated financials.

Welspun Enterprises has 8 current directors:

The latest financial statements of Welspun Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Welspun Enterprises is 24AABCM4107C1Z7, registered in Gujarat. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 03AABCM4107C1ZB (Punjab), 09AABCM4107C1ZZ (Uttar Pradesh), 23AABCM4107C1Z9 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Welspun Enterprises is L45201GJ1994PLC023920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Welspun Enterprises is a listed company as per MCA records. Its shares are listed on both BSE (code: 532553) and NSE (symbol: WELENT).

Welspun Enterprises has 195 court cases on record: 54 filed by the company and 141 filed against it. 6 are pending. Most are in the district courts.

Welspun Enterprises was incorporated on 20 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Abhishek Chaudhary ceased to be CEO on 11 Nov 2025. Deepak Chandrabhan Singh Chauhan was appointed as Director on 06 Aug 2025. Abhishek Chaudhary was appointed as CEO on 04 Nov 2024. Welspun Enterprises has 75 board changes on record in total.

Welspun Enterprises has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Sep 2020.