About Wapcos Limited
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Wapcos Limited is a public limited union government company based in New Delhi, Delhi, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 26 June 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1969GOI005070. Its GSTIN is 07AAACW0764A1ZR (Delhi). The company holds 74 GST registrations, of which 64 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹130 Cr. It was formerly known as Water and Power Development Consultancy Services (India) Limited and Water and Power Development Consultancy Services (India) Private Limited. It is led by directors including Shilpa Shinde (Managing Director) and Rajni Kant Agrawal (Managing Director).
Its last annual general meeting (AGM) was held on 29 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5th Floor Kailash 26 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,474.23 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Cr (net margin 0.4%) and EBITDA of ₹78.88 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 22% over five years.
The company has about 873 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Wapcos. As per MCA filings, the company has open charges of ₹451 Cr on record. Court records list 288 cases involving the company, including 64 filed by the company and 225 filed against it; 82 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 wapcos.co.in.
Company details
Name history
Wapcos has undergone 3 name changes throughout its history. The company was previously known as Water And Power Development Consultancy Services (India) Limited, Water And Power Development Consultancy Services (India) Private Limited, and Water And Power Consultancy Services (India)Ltd. The current legal name is Wapcos Limited.
| Company Name | Status |
|---|---|
| Wapcos Limited | Current |
| Water And Power Development Consultancy Services (India) Limited | Previous |
| Water And Power Development Consultancy Services (India) Private Limited | Previous |
| Water And Power Consultancy Services (India)Ltd | Previous |
CIN history
Wapcos has one previous CIN (Corporate Identification Number): U74899DL1969PTC005070. The current CIN is U74899DL1969GOI005070, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1969GOI005070 | Current |
| U74899DL1969PTC005070 | Previous |
Contact details
Wapcos Limited's registered office is in New Delhi, Delhi. Its website is wapcos.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Kailash 26 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Wapcos Limited, buy the company report.
- 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
Brands
Wapcos operates one associated brand: WAPCOS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering consultancy and construction services in water, power, and infrastructure sectors. | wapcos.co.in |
Business activity
The main business activities of Wapcos are professional, scientific and technical and construction. In detail, this covers architecture, engineering activities, technical testing and analysis activities and roads, railways, utility projects. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Wapcos Limited, buy the company report.
Financials of Wapcos Limited
FY 2023 filings availableWapcos Limited reported revenue of ₹1,474.23 Cr (up 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 9% growth in the latest year. EBITDA fell 43% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,474.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹78.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wapcos Limited, buy the company report.
Board of directors of Wapcos Limited
Wapcos has 9 current directors and 49 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Singh Also directs: Eepc India | Nominee Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Shilpa Shinde | Managing Director | 24 Sep 2025 | 1 Years 1 Months | Current |
| Pankaj Kapoor Also directs: National Projects Construction Corporation Limited | Whole-Time Director | 29 Sep 2015 | 11 Years 0 Months | Current |
| Jasbir Singh Thakur | Director | 15 Jan 2022 | 4 Years 9 Months | Current |
| Anand Mohan Also directs: National Projects Construction Corporation Limited | Nominee Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Pradeep Kumar Agarwal Also directs: National Projects Construction Corporation Limited | Nominee Director | 23 May 2025 | 1 Years 5 Months | Current |
Auditor
Wapcos Limited is audited by Serva Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Serva Associates | FY 2023 | 000272N |
Shareholding
The shareholding of Wapcos Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wapcos Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100914489 | Indian Overseas Bank | ₹200 Cr | Open | |
| 21 Apr 2022 | 100571699 | Others | ₹1 Cr | Open | |
| 22 Dec 2021 | 100519676 | State Bank of India | ₹200 Cr | Open | |
| 14 Jun 2019 | 100279182 | Hdfc Bank Limited | ₹50 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Wapcos Limited has 288 court cases on record: 64 filed by Wapcos, 225 filed against it. 82 cases are pending and 206 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 191 | 155 | 62 |
| District courts | 77 | 60 | 19 |
| Supreme Court | 7 | 3 | 1 |
| NCLT | 7 | 6 | 0 |
| NCLAT | 6 | 1 | 0 |
Cases on record (5 of 288)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Hardev Construction Pvt. Ltd | Pending |
| High Court of Kerala | Writ petition | Filed against the company by M/S. Grow Green Environmental Solutions Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed by the company against M/S Svarrnim Infrastructures Pvt Ltd | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against S and S Water and Power Projects Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against Ms C and C Energy Pvt Ltd | Pending |
To see the full case history of Wapcos Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Wapcos Limited was last rated by Care on 05 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2023 |
To see the full credit ratings and regulatory alerts of Wapcos Limited, buy the company report.
MSME payment delays
Wapcos Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 527 overdue payments to 54 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 (5 of 54)
To see the full MSME payment records of Wapcos Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Wapcos has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| National Projects Construction Corporation Limited | U45202DL1957GOI002752 |
To see the full group structure of Wapcos Limited, buy the company report.
Employees & EPFO
Wapcos Limited has a workforce of 873 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Wapcos has 74 GST registrations: 64 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACW0764A1ZR | Delhi | Active | 01 Jul 2017 |
| 07AAACW0764A1D0 | Delhi | Active | 05 Oct 2018 |
| 07AAACW0764A3ZP | Delhi | Active | 03 Apr 2025 |
| 04AAACW0764A1ZX | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wapcos Limited, buy the company report.
Recent activity
Wapcos Limited has 55 board changes on record since 2007: 9 appointments and 46 cessations. The latest: Pankaj Kapoor ceased to be CFO on 28 Sep 2025.
50 earlier events are in the company report.
Frequently asked questions
Wapcos is an active public limited union government company based in New Delhi, Delhi, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 26 June 1969 (57+ years old) and is registered under CIN U74899DL1969GOI005070.
Wapcos has 9 current directors:
- Shilpa Shinde - Managing Director
- Rajni Kant Agrawal - Managing Director
- Pankaj Kapoor - Whole-Time Director
- Amitabh Tripathi - Whole-Time Director
- Abhishek Singh - Nominee Director
- Jasbir Singh Thakur - Director
- Anand Mohan - Nominee Director
- Pradeep Kumar Agarwal - Nominee Director
- Gangadhar Puttaraju Saroja - Nominee Director
The latest financial statements of Wapcos on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Wapcos is 07AAACW0764A1ZR, registered in Delhi. The company has 74 GST registrations in all, of which 64 are active and 10 are cancelled or inactive. Other active GSTINs include 07AAACW0764A1D0 (Delhi), 07AAACW0764A3ZP (Delhi), 04AAACW0764A1ZX (Chandigarh).
The CIN (Corporate Identification Number) of Wapcos is U74899DL1969GOI005070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wapcos has 288 court cases on record: 64 filed by the company and 225 filed against it. 82 are pending. Most are in the high courts.
Wapcos was incorporated on 26 June 1969, making it 57+ years old. It is registered with the Registrar of Companies, Delhi.
Pankaj Kapoor ceased to be CFO on 28 Sep 2025. Shilpa Shinde was appointed as Managing Director on 24 Sep 2025. Rajni Kant Agrawal ceased to be Managing Director on 03 Sep 2025. Wapcos has 55 board changes on record in total.
Wapcos has 7 MSME Form 1 returns on record between 2022 and 2023, listing 527 overdue payments to 54 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Wapcos can be reached through the website wapcos.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Wapcos is at 5th Floor Kailash 26 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.