India's Richest People 2026 edition · 1 director · Source: Hurun India
- #56 Balkrishan Goenka ₹49,300 Cr
Revenue · FY 2025
₹32.16 Lakh
▲ 28% YoY
Net profit · FY 2025
₹1.76 Lakh
Net margin 5.5%
EBITDA · FY 2025
₹2.25 Lakh
EBITDA margin 7%
Authorised capital
₹2.2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Welspun Logistics Limited
Data last updated:
Welspun Logistics Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mgn Agro Properties Private Limited. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 30 October 2006 and has been in existence for over 20 years.
Its director Balkrishan Goenka is #56 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63012MH2006PLC165280. Its GSTIN is 27AAACW6681N1ZM (Maharashtra).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Welspun Logistics Private Limited. It is led by directors including Dipali Balkrishan Goenka and Hardik Vinay Dhebar.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Welspun House Kamala Mills Compound Senapati Bapat Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.16 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Lakh (net margin 5.5%) and EBITDA of ₹2.25 Lakh (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welspunlogistics.com.
Company details
CIN U63012MH2006PLC165280
Registration Number 165280
Incorporation Date 30 October 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mgn Agro Properties Private Limited
Compliance Status Active Compliant
CIN history
Welspun Logistics has one previous CIN (Corporate Identification Number): U63012MH2006PTC165280. The current CIN is U63012MH2006PLC165280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63012MH2006PLC165280 | Current |
| U63012MH2006PTC165280 | Previous |
Key People
Dipali Balkrishan Goenka Director Hardik Vinay Dhebar Director Balkrishan Gopiram Goenka Director Recognitions & Rankings of Welspun Logistics
Contact details
Welspun Logistics Limited's registered office is in Mumbai, Maharashtra. Its website is welspunlogistics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7th Floor Welspun House Kamala Mills Compound Senapati Bapat Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Welspun Logistics Limited, buy the company report.
Comprehensive company report
Welspun Logistics 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Welspun Logistics is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Welspun Logistics Limited, buy the company report.
Financials of Welspun Logistics Limited
FY 2025 filings availableWelspun Logistics Limited reported revenue of ₹32.16 Lakh (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹32.16 Lakh ▲ 28%
Net profit · FY 2025
₹1.76 Lakh margin 5.5%
EBITDA · FY 2025
₹2.25 Lakh margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 36%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 56%
5 years · compounded
▲ 1%
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.25 Lakh | ||||
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| Net Profit (PAT) | ₹1.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Welspun Logistics Limited, buy the company report.
Board of directors of Welspun Logistics Limited
Welspun Logistics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipali Balkrishan Goenka Also directs: DBG Estates Holdings LLP, Welspun Living Limited, New Delhi Television Limited and 5 more | Director | 30 Oct 2006 | 19 Years 11 Months | Current |
| Hardik Vinay Dhebar Also directs: DBG Estates Holdings LLP, Balkrishan Goenka Foundation, Vivarta Realcon LLP and 5 more | Director | 16 May 2025 | 1 Years 5 Months | Current |
| Balkrishan Gopiram Goenka Also directs: DBG Estates Holdings LLP, Welspun Living Limited, Balkrishan Goenka Foundation and 5 more | Director | 15 Jan 2010 | 16 Years 9 Months | Current |
Auditor
Welspun Logistics Limited is audited by SUREKA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUREKA ASSOCIATES | FY 2022 | 110640W |
Shareholding
The shareholding of Welspun Logistics Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welspun Logistics Limited, buy the company report.
Legal cases
No court or tribunal cases involving Welspun Logistics Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welspun Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welspun Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW6681N1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welspun Logistics Limited, buy the company report.
Recent activity
Welspun Logistics Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Hardik Vinay Dhebar ceased to be Additional Director on 31 Aug 2025.
AGM
Welspun Logistics Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Ceased
Hardik Vinay Dhebar ceased to be Additional Director.
Ceased
Akhil Jindal ceased to be Director.
Appointed
Hardik Vinay Dhebar was appointed as Director.
Filing
Welspun Logistics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Balkrishan Gopiram Goenka ceased to be Additional Director.
Ceased
Jigar Pankaj Shah ceased to be Company Secretary.
Ceased
Lalchand Tekchand Hotwani ceased to be Director.
Appointed
Balkrishan Gopiram Goenka was appointed as Director.
Ceased
Braja Kishore Mishra ceased to be Director.
Appointed
Dipali Balkrishan Goenka was appointed as Director.
Incorporation
30 Oct 2006
Welspun Logistics Limited was registered on 30 Oct 2006 with Roc Mumbai I & aged 19 years 11 months as per MCA records.
News
Frequently asked questions
Welspun Logistics is an active public limited company based in Mumbai, Maharashtra, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 30 October 2006 (20+ years old) and is registered under CIN U63012MH2006PLC165280.
Welspun Logistics has 3 current directors:
- Dipali Balkrishan Goenka - Director
- Hardik Vinay Dhebar - Director
- Balkrishan Gopiram Goenka - Director
The latest financial statements of Welspun Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Welspun Logistics is 27AAACW6681N1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welspun Logistics is U63012MH2006PLC165280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welspun Logistics was incorporated on 30 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardik Vinay Dhebar ceased to be Additional Director on 31 Aug 2025. Akhil Jindal ceased to be Director on 16 May 2025. Hardik Vinay Dhebar was appointed as Director on 16 May 2025. Welspun Logistics has 9 board changes on record in total.
Welspun Logistics can be reached through the website welspunlogistics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Welspun Logistics is at 7th Floor Welspun House Kamala Mills Compound Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.
Welspun Logistics operates in the transport and logistics industry, in the air transport services segment.