Welspun Enterprises Ltd
About
Welspun Enterprises Ltd. is a leading Indian infrastructure and construction company. The company was founded in 1994 by Balkrishan Goenka. Welspun Enterprises is part of the Welspun Group. The company is currently led by Managing Director Rajesh R. Mandawewala. It has its headquarters in Anjar, Gujarat. Welspun Enterprises has a global presence in over 50 countries. The company operates in many sectors including oil and gas exploration, steel, energy, infrastructure etc. One of Welspun’s most notable achievements was the successful completion of the Delhi–Meerut Expressway 11 months ahead of schedule. Welspun Enterprises has entered into a joint venture with Adani Welspun Exploration Limited (AWEL) to expand its presence in the oil and gas exploration industry.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3063 -13.1% | 3527 144.0% | 1446 -13.5% | 1672 -12.9% | 1919 2.1% | 1880 57.1% | 1197 177.1% | 432 47.2% | 293 -75.3% | 1189 364.0% | 256 -41.5% | 438 28.1% | 342 21.6% | 281 -24.3% | 372 19.3% | 312 - |
| Net Operating Income (INR Cr) | 2872 4.14% | 2758 105.48% | 1342 -12.24% | 1530 -15.38% | 1808 1.17% | 1787 67.42% | 1067 249.37% | 305 61.28% | 189 -77.06% | 826 239.14% | 243 -42.22% | 421 23.49% | 341 42.95% | 239 -33.99% | 362 21.20% | 298 76.13% |
| Profit (INR Cr) | 295 -59.2% | 723 479.6% | 125 -3.3% | 129 -13.4% | 149 17.5% | 127 82.5% | 69 1299.8% | 5 687.3% | 1 -6.0% | 1 - | -61 - | 6 77.4% | 3 - | -32 - | 23 15.6% | 20 - |
| Assets (INR Cr) | 3506 0.5% | 3488 -23.1% | 4535 14.7% | 3955 63.1% | 2426 16.7% | 2078 13.6% | 1829 27.2% | 1438 -7.4% | 1552 -22.8% | 2010 156.1% | 785 -12.8% | 900 -1.0% | 909 -3.7% | 944 27.8% | 738 12.3% | 657 - |
| Net Worth (INR Cr) | 2323 -1.4% | 2356 31.5% | 1791 6.3% | 1684 6.7% | 1579 8.7% | 1454 8.6% | 1339 6.4% | 1258 -11.4% | 1421 -6.2% | 1515 230.4% | 459 -11.9% | 521 1.1% | 515 0.7% | 511 58.4% | 323 8.9% | 297 17.3% |
| Employee Cost (INR Cr) | 173 15.7% | 149 36.3% | 110 32.4% | 83 -5.0% | 87 7.8% | 81 56.5% | 52 72.8% | 30 3.0% | 29 -38.0% | 47 64.0% | 29 -13.8% | 33 16.1% | 29 28.2% | 22 11.4% | 20 15.5% | 17 - |
| Interest Cost (INR Cr) | 110 | 119 | 83 | 110 | 77 | 54 | 33 | 10 | 13 | 138 | 40 | 47 | 52 | 59 | 32 | 28 |
| Cash & Bank Balance (INR Cr) | 484 | 542 | 277 | 214 | 149 | 150 | 78 | 307 | 38 | 70 | 17 | 28 | 63 | 49 | 54 | 74 |
| Total Debt (INR Cr) | 762 | 764 | 2526 | 2237 | 812 | 592 | 460 | 150 | 94 | 447 | 325 | 378 | 393 | 432 | 416 | 361 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 9.6% | 20.5% | 8.6% | 7.7% | 7.8% | 6.7% | 5.8% | 1.2% | 0.2% | 0.1% | - | 1.3% | 1.0% | - | 6.3% | 6.5% |
| Profit As % Of Assets | 8.4% | 20.7% | 2.8% | 3.3% | 6.1% | 6.1% | 3.8% | 0.4% | 0.0% | 0.0% | - | 0.7% | 0.4% | - | 3.2% | 3.1% |
| Profit As % Of Networth | 12.7% | 30.7% | 7.0% | 7.7% | 9.4% | 8.7% | 5.2% | 0.4% | 0.0% | 0.0% | - | 1.1% | 0.6% | - | 7.2% | 6.8% |
| Interest Cost to EBITDA % | 27.8% | 81.1% | 56.3% | 67.3% | 40.6% | 30.0% | 77.1% | - | - | - | - | 45.4% | 93.5% | 183.3% | 42.6% | 49.4% |
| Debt to Equity Ratio | 0.33 | 0.32 | 1.41 | 1.33 | 0.51 | 0.41 | 0.34 | 0.12 | 0.07 | 0.30 | 0.71 | 0.73 | 0.76 | 0.84 | 1.29 | 1.22 |
| RONW | 13.7% | 13.2% | 7.2% | 8.0% | 10.0% | 9.0% | 5.9% | 0.8% | 0.0% | -15.5% | - | 1.1% | 0.5% | - | 7.5% | 7.4% |
| ROCE | 16.4% | 9.3% | 4.4% | 9.1% | 12.4% | 13.3% | 10.0% | 2.8% | 0.6% | -1.2% | 0.0% | 5.5% | 5.9% | 3.3% | 10.1% | 9.1% |