Welspun Living Limited

Manufactures and exports home textiles and flooring solutions in Gujarat.

1985 | Kachchh, Gujarat (India) | Active
Last Updated: November 16, 2024

Welspun Living Profile

Key Indicators

  • Authorised Capital ₹ 417.79 Cr
  • Paid Up Capital ₹ 95.92 Cr
  • Company Age 40 Year, 16 Days
  • 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. 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
  • 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.

Who are the key members and board of directors at Welspun Living?

Executive Team (3)

Name Designation Appointment Date Status
Sanjay Gupta Country flag representing In CFO 15-May-2021 Current
Dipali Goenka Country flag representing In Managing Director 01-Apr-2013 Current
Shashikant Thorat Company Secretary 01-Aug-2009 Current

Board Members (7)

Name Designation Appointment Date Status
Sunil Duggal Country flag representing In Director 26-Feb-2024 Current
Rajesh Mandawewala Country flag representing In Whole-Time Director 26-Oct-1989 Current
Naiyya Saggi Country flag representing In Director 23-May-2024 Current
Balkrishan Goenka Country flag representing In Director 17-Jan-1985 Current
Murali Sivaraman Country flag representing In Director Current
Altaf Jiwani Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-14.64%
Revenue from Operations
-15.65%
Total Assets
-3.58%
Profit or Loss
-61.32%
Net Worth
1.82%
EBITDA
-55.43%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    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.

    26 Sep 2024

  • 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 4 months 14 days .

    21 Sep 2024

  • 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 8 months 12 days .

    23 May 2024

  • Balance Sheet

    Welspun Living Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • 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 11 months 8 days .

    26 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Welspun Living Limited was incorporated on 17 Jan 1985.

  • The authorized share capital of Welspun Living Limited is ₹ 417.79 Cr and paid-up capital is ₹ 95.92 Cr.

  • 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
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Living Limited is Welspun City Village Versamedi India, Anjar, Gujarat, 370110.

  • The corporate identification number (CIN) of Welspun Living Limited is L17110GJ1985PLC033271 and the company number is 033271 as per Ministry of Corporate Affairs (MCA).

  • Yes, Welspun Living Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): WELSPUNIND.

  • The Official website of Welspun Living Limited is https://www.welspunindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Living Limited has fallen by -14.64%.

  • As Per 2023 financial reports, 11728 employees are currently employed by Welspun Living Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Living Limited has experienced an upsurge of 1.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Welspun Living Limited amount to ₹ 4,411.20 Cr.

  • The most recent Balance Sheet for Welspun Living Limited was filed with the ROC on 31 Mar 2024.

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