Welspun Corp Limited

NSEI:WELCORP Stock Report

Market Cap: ₹211.2b

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

₹71.8m

Total compensation

CEO salary percentage100.0%
CEO tenure7yrs
CEO ownership0.004%
Management average tenure6.8yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Welspun (NSE:WELCORP) Passed With Ease

Sep 20
We Ran A Stock Scan For Earnings Growth And Welspun (NSE:WELCORP) Passed With Ease

Return Trends At Welspun (NSE:WELCORP) Aren't Appealing

Sep 07
Return Trends At Welspun (NSE:WELCORP) Aren't Appealing

Results: Welspun Corp Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 10
Results: Welspun Corp Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Is Welspun (NSE:WELCORP) Using Too Much Debt?

Aug 01
Is Welspun (NSE:WELCORP) Using Too Much Debt?

Welspun Corp Limited (NSE:WELCORP) Shares Fly 30% But Investors Aren't Buying For Growth

Jul 05
Welspun Corp Limited (NSE:WELCORP) Shares Fly 30% But Investors Aren't Buying For Growth

Welspun (NSE:WELCORP) Is Paying Out A Dividend Of ₹5.00

Jun 17
Welspun (NSE:WELCORP) Is Paying Out A Dividend Of ₹5.00

Welspun Corp Limited's (NSE:WELCORP) Business And Shares Still Trailing The Market

Mar 30
Welspun Corp Limited's (NSE:WELCORP) Business And Shares Still Trailing The Market

We Ran A Stock Scan For Earnings Growth And Welspun (NSE:WELCORP) Passed With Ease

Feb 27
We Ran A Stock Scan For Earnings Growth And Welspun (NSE:WELCORP) Passed With Ease

Welspun Corp Limited Recorded A 11% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 09
Welspun Corp Limited Recorded A 11% Miss On Revenue: Analysts Are Revisiting Their Models

Welspun Corp Limited's (NSE:WELCORP) Low P/E No Reason For Excitement

Dec 28
Welspun Corp Limited's (NSE:WELCORP) Low P/E No Reason For Excitement

We Think Welspun (NSE:WELCORP) Can Stay On Top Of Its Debt

Dec 06
We Think Welspun (NSE:WELCORP) Can Stay On Top Of Its Debt

Here's Why Welspun (NSE:WELCORP) Has A Meaningful Debt Burden

Sep 05
Here's Why Welspun (NSE:WELCORP) Has A Meaningful Debt Burden

Is There An Opportunity With Welspun Corp Limited's (NSE:WELCORP) 46% Undervaluation?

Aug 18
Is There An Opportunity With Welspun Corp Limited's (NSE:WELCORP) 46% Undervaluation?

Is Welspun (NSE:WELCORP) Weighed On By Its Debt Load?

Mar 07
Is Welspun (NSE:WELCORP) Weighed On By Its Debt Load?

We Think Welspun (NSE:WELCORP) Has A Fair Chunk Of Debt

Nov 29
We Think Welspun (NSE:WELCORP) Has A Fair Chunk Of Debt

Does Welspun (NSE:WELCORP) Have A Healthy Balance Sheet?

Jun 22
Does Welspun (NSE:WELCORP) Have A Healthy Balance Sheet?

Is Welspun (NSE:WELCORP) A Risky Investment?

Dec 01
Is Welspun (NSE:WELCORP) A Risky Investment?

Shareholders Will Probably Hold Off On Increasing Welspun Corp Limited's (NSE:WELCORP) CEO Compensation For The Time Being

Aug 24
Shareholders Will Probably Hold Off On Increasing Welspun Corp Limited's (NSE:WELCORP) CEO Compensation For The Time Being

Here's Why I Think Welspun (NSE:WELCORP) Might Deserve Your Attention Today

Jun 07
Here's Why I Think Welspun (NSE:WELCORP) Might Deserve Your Attention Today

Welspun (NSE:WELCORP) Has A Pretty Healthy Balance Sheet

Mar 18
Welspun (NSE:WELCORP) Has A Pretty Healthy Balance Sheet

Welspun Corp Limited's (NSE:WELCORP) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Mar 03
Welspun Corp Limited's (NSE:WELCORP) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

How Much Is Welspun Corp Limited (NSE:WELCORP) CEO Getting Paid?

Feb 16
How Much Is Welspun Corp Limited (NSE:WELCORP) CEO Getting Paid?

Welspun (NSE:WELCORP) Share Prices Have Dropped 31% In The Last Year

Jan 26
Welspun (NSE:WELCORP) Share Prices Have Dropped 31% In The Last Year

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 ($USD840.71K) is above average for companies of similar size in the Indian market ($USD580.07K).

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

CEO

Vipul Shiv Mathur (54 yo)

7yrs

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 Director7yrs₹71.80m0.0042%
₹ 8.9m
Manish Pathak
President5.4yrs₹12.34mno data
Rupak Ghosh
Senior Vice President of Finance & MIS & Presidentno data₹11.49mno data
Percy Birdy
CFO & President6.5yrs₹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 Vertical8.4yrs₹45.32m0.0021%
₹ 4.4m
Tribhuwan Kathayat
President Head of Quality & Technical Services - Pipesno data₹22.83m0.00019%
₹ 401.3k
Suresh Darak
President of Indirect Taxationno data₹13.35mno data
Navin Agarwal
Senior Vice Presidentno data₹13.65mno data

6.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: WELCORP's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vipul Shiv Mathur
MD, CEO & Executive Director7yrs₹71.80m0.0042%
₹ 8.9m
Anuj Burakia
CEO & Wholetime Director of Welspun Specialty Steel Limitedno datano datano data
Manish Chokhani
Non Executive Independent Director1.8yrs₹580.00kno data
Rajesh Ramesh Mandawewala
Non-Independent & Non-Executive Director29.7yrsno data0.000080%
₹ 169.0k
Balkrishan Gopiram Goenka
Non-Executive Chairman29.7yrs₹30.70m0.000060%
₹ 126.7k
Dipali Sheth
Independent Director1.3yrs₹2.00mno data
Ravindra Pandey
Independent Directorless than a yearno datano data
Anjani Agrawal
Non-Executive Independent Director1.7yrs₹4.00mno data
Aneesh Misra
Non-Independent & Non-Executive Director1.3yrsno datano data

1.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: WELCORP's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 22:15
End of Day Share Price 2024/12/27 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

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 .

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