Welspun Living Ltd - Company Profile
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Welspun Living Ltd, formerly Welspun India Ltd (WIL) is a manufacturer and marketer of home textile products. The company’s product portfolio comprises towels, area rugs, bath rugs and mats, bath robes, utility bedding, bed sheets and fashion bedding. It also offers disposable products such as wipes, drapes and gowns, wound care, and hygiene such as fem care and diaper. The company provides products for industrial and consumer applications in medical, filtration, FMCG, automotive, aerospace and thermal insulation. WIL markets products under Christy, Martha Stewart, Welhome, Spaces, Kingsley, and WelSpun brand names. The company exports its products through distribution network to global retailers across the US, Canada, the UK, Europe, South East Asia and the Middle East. WIL is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Welspun House, 6th Floor, Senapati Bapat Marg, Kamala Mills Compound, Lower Parel, Mumbai, Maharashtra, 400013
Website
welspunindia.com
Telephone
91 22 66136000
No of Employees
18,950
Industry
Textiles
Ticker Symbol & Exchange
WELSPUNLIV (NSE)
Revenue (2023)
$1.2B
19.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
242.6%
(2023 vs 2022)
Market Cap*
$1.7B
Net Profit Margin (2023)
XYZ
186.2%
(2023 vs 2022)
* As of and is in US$
Welspun Living Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| - | Christy |
| Towels | Martha Stewart |
| Bath Rugs | Spaces |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In January, the company signed a brand licensing agreement with The Walt Disney Company to expand market presence in EMEA region. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company acquired 26% stake in Clean Max Thanos. |
| 2021 | Acquisitions/Mergers/Takeovers | In October, the company acquired Easygo Textiles Private Limited for INR 10.68 lakh. |
Competitor Comparison
| Key Parameters | Welspun Living Ltd | Alok Industries Ltd | RSWM Ltd | The Bombay Dyeing and Manufacturing Co Ltd | Nitin Spinners Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Noida | Mumbai | Bhilwara |
| State/Province | Maharashtra | Maharashtra | Uttar Pradesh | Maharashtra | Rajasthan |
| No. of Employees | 18,950 | 22,699 | 16,272 | 438 | 5,229 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Balkrishan Goenka | Chairman | Executive Board | - | - |
| Altaf Jiwani | Chief Operating Officer; Director | Executive Board | - | 55 |
| Vikram Bector | Group Chief Human Resources Officer | Senior Management | 2023 | - |
| Rajesh Mandawewala | Vice Chairman | Executive Board | - | - |
| Dipali Goenka | Chief Executive Officer; Managing Director | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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