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Welspun Corp Limited operates as Welspun World’s flagship company under the name WCL while maintaining its position as a worldwide leader in Pipe Solutions and Building Materials which serves more than 50 nations across six continents in essential sectors including Oil & Gas and Water Transmission and Infrastructure Development.
The company started operations in 1995 as a steel pipe manufacturer before it evolved into a multi-material business through the establishment of HSAW and LSAW mills in India and the United States and its acquisition of KSA mill ownership followed by the 2013 HFIW mill in the US and the 2019 HSAW mill in Bhopal. The company offers HSAW/LSAW/HFIW welded line pipes with bends and coatings as well as Ductile Iron (DI) Pipes and Stainless Steel Bars and Pipes & Tubes and TMT rebars and water storage tanks and plastic pipes through Sintex for B2B and B2C sectors and OPVC pipes.
The company operates manufacturing facilities at Anjar and Jhagadia in Gujarat and Bhopal in Madhya Pradesh and Mandya in Karnataka and seven Sintex units throughout India and two international facilities in Little Rock Arkansas (USA) and Dammam (KSA). The Company operates through 16 subsidiaries according to its most recent disclosure statements. The company expanded its product range through the addition of Stainless Steel Bars and Pipes & Tubes and TMT rebars in 2021 and DI Pipes facility start-up in 2022 and Sintex brand acquisition in 2023 to achieve its goal of market leadership across materials and categories and geographic regions.
Welspun Corp entered the Stainless Steel and TMT market in 2021 followed by DI Pipes production in 2022 and the acquisition of Sintex in 2023.
The company now offers a wide range of products that include line pipes and DI pipes and stainless steel solutions and TMT rebars and plastic pipe systems which include OPVC under Sintex.
Welspun Corp Limited Board actions (FY 24-25)
Order book: The consolidated order book reached Rs 19,553 crore through its operations in India and USA Line Pipes and India DI Pipes and Stainless Steel Bars and Pipes & Tubes.
WCL operates as a company which delivers Pipe Solutions and Building Materials through its product range of line pipes (HSAW/LSAW/HFIW) and DI Pipes and Stainless Steel Bars and Pipes & Tubes and TMT rebars and water storage tanks and plastic pipes under Sintex. The company operates in 50+ countries across six continents while serving the Oil & Gas and Water Transmission and Infrastructure markets.
The company operates its main manufacturing sites at Anjar and Jhagadia in Gujarat and Bhopal in Madhya Pradesh and Mandya in Karnataka and seven Sintex units throughout India. The company operates manufacturing facilities in Little Rock Arkansas (USA) and Dammam (KSA) through its international operations.
WSSL finished a rights issue that increased WCL's ownership to 51.06% while WCL bought Weetek Plastics to enhance its plastic pipes operations. The Company launched a Rs 5,482 crore capital expenditure program and established plans to introduce OPVC pipes during FY 2025-26.