Welspun Living Profile
Key Indicators
- Authorised Capital ₹ 417.79 Cr
- Paid Up Capital ₹ 95.92 Cr
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4,411.20 Cr
- Satisfied Charges ₹ 7,973.77 Cr
- Revenue Growth -14.64%
- Profit Growth -61.32%
- Ebitda -55.43%
- Net Worth 1.82%
- Total Assets -3.58%
About Welspun Living
Welspun Living Limited (WLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 January 1985 and has a history of 40 years and two months. Its registered office is in Kachchh, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514162 and on the National Stock Exchange(NSE) under WELSPUNIND.
The Corporate was formerly known as Welspun Polyesters (India) Limited. The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 417.79 Cr and a paid-up capital of Rs 95.92 Cr.
The company currently has active open charges totaling ₹4,411.20 Cr. The company has closed loans amounting to ₹7,973.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Living Limited India are Shashikant Thorat as Company Secretary, Sanjay Gupta as Cfo, and Dipali Goenka as Ceo. Rajesh Mandawewala, Dipali Goenka, Sunil Duggal, and Five other members serve as directors at the Company.
Company Details
- Location
Kachchh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17110GJ1985PLC033271
- Company No.
033271
- Stock Symbol
BSE : 514162 NSE : WELSPUNIND
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1985
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Consumer Goods
What products or services does Welspun Living Limited offer?
Welspun Living Limited offers a wide range of products and services, including Bed Sheets, Welspun Bed Sheets, Environment Protection & Auditing, Environment Protection Services, Hand Sanitizers & Personal Hygiene, Wet Wipes, Carpets & Rugs, Carpets, Industrial Fabrics and Textiles, Industrial Fabric.
Welspun Living Limited
Explore comprehensive data for Welspun Living Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Welspun Living?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Gupta  | CFO | 15-May-2021 | Current |
| Dipali Goenka | Managing Director | 01-Apr-2013 | Current |
| Shashikant Thorat | Company Secretary | 01-Aug-2009 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Duggal | Director | 26-Feb-2024 | Current |
| Rajesh Mandawewala | Whole-Time Director | 26-Oct-1989 | Current |
| Naiyya Saggi | Director | 23-May-2024 | Current |
| Balkrishan Goenka | Director | 17-Jan-1985 | Current |
| Murali Sivaraman | Director | Current | |
| Altaf Jiwani | Whole-Time Director | 01-Apr-2023 | Current |
Financial Performance of Welspun Living.
Welspun Living Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.64% decrease. The company also saw a substantial fall in profitability, with a 61.32% decrease in profit. The company's net worth moved up by a moderate rise of 1.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welspun Living?
In 2022, Welspun Living had a promoter holding of 70.36% and a public holding of 29.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welspun Specialty Solutions LimitedBalkrishan Goenka is a mutual person
Welspun Captive Power Generation LimitedAltaf Jiwani is a mutual person
Organization Of Plastics Processors Of IndiaRajesh Mandawewala is a mutual person
Welspun Michigan Engineers LimitedRajesh Mandawewala is a mutual person
Huhtamaki India LimitedMurali Sivaraman is a mutual person
New Delhi Television LimitedDipali Goenka is a mutual person
Charges (Loans)
Open Charges
₹4,411.20 Cr
Satisfied Charges
₹7,973.77 Cr
Charges Breakdown by Lending Institutions
- Others : 1664.00 Cr
- Idbi Trusteeship Services Limited : 1545.36 Cr
- Statebankofbikanerandjaipur : 1193.15 Cr
- Axis Bank Limited : 4.50 Cr
- Canara Bank : 4.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2022 | Others | ₹88.00 Cr | Open |
| 15 Jun 2022 | Others | ₹150.00 Cr | Open |
| 28 Apr 2022 | Others | ₹200.00 Cr | Open |
| 29 Dec 2020 | Others | ₹156.00 Cr | Open |
| 28 Sep 2020 | Others | ₹255.00 Cr | Open |
How Many Employees Work at Welspun Living?
Welspun Living has a workforce of 11728 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welspun Living, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Welspun Living's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Welspun Living
Recent activity within the organization
- Charges
A charge registered on 02 Jul 2019 via Charge ID 100278520 with Yes Bank Limited was fully satisfied on 22 Oct 2024.
- Annual General Meeting
Welspun Living Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Ritu Niraj Anand was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 5 months 28 days .
- Director Appointment
Naiyya Saggi was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 9 months 27 days .
- Balance Sheet
Welspun Living Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Sunil Duggal was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 22 days .
Recent News, Updates & Announcement
- Welspun signs brand licencing deal with The Walt Disney Company for EMEA region | Mint.
With a distribution network in more than 50 countries Welspun is a strategic partner to several global retailers such as Ikea, JC Penny, Macy’s, Marks & Spencer, among others..
Frequently asked questions
What is the Incorporation or founding date of Welspun Living Limited?
Welspun Living Limited was incorporated on 17 Jan 1985.
What is authorized share capital and paid-up capital of Welspun Living Limited?
The authorized share capital of Welspun Living Limited is ₹ 417.79 Cr and paid-up capital is ₹ 95.92 Cr.
Who are the current board members & directors of Welspun Living Limited?
Currently 11 directors are associated with Welspun Living Limited.
- Rajesh Rameshkumar Mandawewala
- Dipali Balkrishan Goenka
- Sunil Duggal
- Balkrishan Gopiram Goenka
- Murali Sivaraman
- Naiyya Saggi
- Shashikant Bhausaheb Thorat
- Sanjay Gupta
- Dipali Balkrishan Goenka
- Altaf A Jiwani
- Ritu Niraj Anand
What is the registered address of Welspun Living Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Living Limited is Welspun City Village Versamedi India, Anjar, Gujarat, 370110.
What is the corporate identification number (CIN) and company number of Welspun Living Limited?
The corporate identification number (CIN) of Welspun Living Limited is L17110GJ1985PLC033271 and the company number is 033271 as per Ministry of Corporate Affairs (MCA).
Is Welspun Living Limited registered with any stock exchange in India?
Yes, Welspun Living Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): WELSPUNIND.
What is the official website of Welspun Living Limited?
The Official website of Welspun Living Limited is https://www.welspunindia.com
What has been the recent revenue trend for Welspun Living Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Living Limited has fallen by -14.64%.
How many employees does Welspun Living Limited currently have?
As Per 2023 financial reports, 11728 employees are currently employed by Welspun Living Limited.
What change has been observed in the net worth of Welspun Living Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Living Limited has experienced an upsurge of 1.82%.
What are the total open charges for Welspun Living Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welspun Living Limited amount to ₹ 4,411.20 Cr.
When was the last Balance Sheet of Welspun Living Limited filed with the ROC?
The most recent Balance Sheet for Welspun Living Limited was filed with the ROC on 31 Mar 2024.
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