Welspun Corp Limited

BSE:532144 Stock Report

Market Cap: ₹192.9b

Welspun Management

Management criteria checks 2/4

Welspun's CEO is Vipul Shiv Mathur, appointed in Dec 2017, has a tenure of 7.17 years. total yearly compensation is ₹71.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ₹8.08M. The average tenure of the management team and the board of directors is 6.9 years and 1.7 years respectively.

Key information

Vipul Shiv Mathur

Chief executive officer

₹71.8m

Total compensation

CEO salary percentage100.0%
CEO tenure7.2yrs
CEO ownership0.004%
Management average tenure6.9yrs
Board average tenure1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vipul Shiv Mathur's remuneration changed compared to Welspun's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹15m₹15m

₹2b

Compensation vs Market: Vipul Shiv's total compensation ($USD828.50K) is above average for companies of similar size in the Indian market ($USD491.33K).

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

CEO

Vipul Shiv Mathur (54 yo)

7.2yrs

Tenure

₹71,800,000

Compensation

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

Leadership Team

NamePositionTenureCompensationOwnership
Vipul Shiv Mathur
MD, CEO & Executive Director7.2yrs₹71.80m0.0042%
₹ 8.1m
Manish Pathak
President5.6yrs₹12.34mno data
Rupak Ghosh
Senior Vice President of Finance & MIS & Presidentno data₹11.49mno data
Percy Birdy
CFO & President6.7yrs₹22.80mno data
Atul Trivedi
Presidentno data₹16.22mno data
Harishchandra Gupta
Presidentno data₹11.13mno data
Debasish Mazumdar
Presidentno data₹10.89mno data
Hukumchand Lakhotiya
Presidentno data₹10.00mno data
Godfrey John
Chief Executive Officer of Pipe Vertical8.6yrs₹45.32m0.0021%
₹ 4.1m
Tribhuwan Kathayat
President Head of Quality & Technical Services - Pipesno data₹22.83m0.00019%
₹ 366.6k
Suresh Darak
President of Indirect Taxationno data₹13.35mno data
Navin Agarwal
Senior Vice Presidentno data₹13.65mno data

6.9yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 532144's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vipul Shiv Mathur
MD, CEO & Executive Director7.2yrs₹71.80m0.0042%
₹ 8.1m
Anuj Burakia
CEO & Wholetime Director of Welspun Specialty Steel Limitedno datano datano data
Manish Chokhani
Non Executive Independent Director2yrs₹580.00kno data
Rajesh Ramesh Mandawewala
Non-Independent & Non-Executive Director29.8yrsno data0.000080%
₹ 154.4k
Balkrishan Gopiram Goenka
Non-Executive Chairman29.8yrs₹30.70m0.000060%
₹ 115.8k
Chandra Verma
Independent Directorless than a yearno datano data
Raghupal Singh
Non-Executive Director & Representative of LICless than a yearno datano data
Dipali Sheth
Independent Director1.5yrs₹2.00mno data
Ravindra Pandey
Independent Directorless than a yearno datano data
Anjani Agrawal
Non-Executive Independent Director1.8yrs₹4.00mno data
Aneesh Misra
Non-Independent & Non-Executive Director1.5yrsno datano data

1.7yrs

Average Tenure

59yo

Average Age

Experienced Board: 532144's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:10
End of Day Share Price 2025/02/01 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Welspun Corp Limited is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sailesh RajaBatlivala & Karani Securities India Pvt. Ltd.
Sanjaya SatapathyBofA Global Research
Niraj ShahCentrum Broking Limited