Welspun Corp Limited

BSE:532144 Stock Report

Market Cap: ₹218.1b

Welspun Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Vipul Shiv Mathur

Chief executive officer

₹78.8m

Total compensation

CEO salary percentage100.00%
CEO tenure8yrs
CEO ownership0.2%
Management average tenure6.4yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

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Expansions And New Products Will Create Future Opportunities In Saudi Arabia, Europe, And Australia

Expansion into new markets and infrastructure projects is expected to drive significant revenue growth and improved margins for Welspun Corp.

CEO Compensation Analysis

How has Vipul Shiv Mathur's remuneration changed compared to Welspun's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹22b

Jun 30 2025n/an/a

₹20b

Mar 31 2025₹79m₹79m

₹19b

Dec 31 2024n/an/a

₹15b

Sep 30 2024n/an/a

₹11b

Jun 30 2024n/an/a

₹12b

Mar 31 2024₹72m₹72m

₹11b

Dec 31 2023n/an/a

₹11b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹112m₹63m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹59m₹59m

₹4b

Dec 31 2021n/an/a

₹5b

Sep 30 2021n/an/a

₹6b

Jun 30 2021n/an/a

₹7b

Mar 31 2021₹55m₹55m

₹8b

Dec 31 2020n/an/a

₹5b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹6b

Mar 31 2020₹55m₹55m

₹7b

Dec 31 2019n/an/a

₹4b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹52m₹42m

₹682m

Compensation vs Market: Vipul Shiv's total compensation ($USD876.73K) is above average for companies of similar size in the Indian market ($USD593.57K).

Compensation vs Earnings: Vipul Shiv's compensation has been consistent with company performance over the past year.

CEO

Vipul Shiv Mathur (55 yo)

8yrs
Tenure
₹78,800,000
Compensation

Mr. Vipul Shiv Sahai Mathur is Managing Director at East Pipes Integrated Company for Industry and has been its Director since 2013 and served as its Chairman of the Board of Director since May 24, 2022. H...

Leadership Team

NamePositionTenureCompensationOwnership
Vipul Shiv Mathur
MD, CEO & Executive Director8yrs₹78.80m0.20%
₹ 443.5m
Percy Birdy
CFO & President7.5yrs₹21.90mno data
Kamal Rathi
Company Secretary1.1yrs₹3.40mno data
Manish Pathak
President6.4yrs₹12.34mno data
Rupak Ghosh
Senior Vice President of Finance & MIS & Presidentno data₹11.49mno data
Atul Trivedi
Presidentno data₹16.22mno data
Chintan Thaker
Head of Corporate Affairs & Strategic Planning Cell and Presidentno data₹5.18m0.0066%
₹ 14.5m
Harishchandra Gupta
Presidentno data₹11.13mno data
Debasish Mazumdar
Presidentno data₹10.89mno data
Lal Hotwani
Head- Corporate Accounts & Taxationno datano datano data
Goutam Chakraborty
Head of Investor Relationsno datano datano data
Rakesh Mehta
Chief Human Resource Officerless than a yearno datano data
6.4yrs
Average Tenure
56.5yo
Average Age

Experienced Management: 532144's management team is seasoned and experienced (6.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vipul Shiv Mathur
MD, CEO & Executive Director8yrs₹78.80m0.20%
₹ 443.5m
Anuj Burakia
CEO & Wholetime Director of Welspun Specialty Steel Limitedno datano datano data
Manish Chokhani
Non Executive Independent Director2.8yrs₹7.40mno data
Rajesh Ramesh Mandawewala
Non-Independent & Non-Executive Director30.7yrsno data0.000080%
₹ 174.5k
Balkrishan Gopiram Goenka
Non-Executive Chairman30.7yrs₹141.90m0.000060%
₹ 130.9k
Chandra Verma
Non-Executive Independent Director1yr₹1.20mno data
Raghupal Singh
Non-Independent & Non-Executive Director1yr₹1.20mno data
Dipali Sheth
Non-Executive Independent Director2.3yrs₹4.00mno data
Ravindra Pandey
Non-Executive Independent Director1.2yrs₹1.80mno data
Anjani Agrawal
Non-Executive Independent Director2.7yrs₹4.00mno data
Aneesh Misra
Non-Independent & Non-Executive Director2.3yrs₹6.70mno data
2.5yrs
Average Tenure
60yo
Average Age

Experienced Board: 532144's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/04 02:02
End of Day Share Price 2025/12/04 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Welspun Corp Limited is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBatlivala & Karani Securities India Pvt. Ltd.
Sailesh RajaBatlivala & Karani Securities India Pvt. Ltd.
Sanjaya SatapathyBofA Global Research