What we do Welspun Enterprises Ltd specializes in infrastructure development, focusing on road, water, and tunneling projects through EPC and BOT models in India. |
Founded in 1,994 |
Market share Leading player in India’s infrastructure sector with a robust portfolio in roads, water, and tunneling; part of USD 2.7 billion Welspun Group. |
Problem solved Addresses infrastructure gaps in transportation and water supply with sustainable, technologically advanced projects improving urban and rural connectivity and water management. |
Top clients or who we serve Serves government agencies (NHAI, municipal corporations), industrial sectors, and urban as well as rural populations across India; operates B2G and B2B segments. |
Key management Led by Executive Chairman Balkrishan Goenka and Managing Director Sandeep Garg, with an experienced team driving infrastructure and ESG excellence. |
Our journey and innovations Started in 1976; transitioned from MSK Projects to Welspun Enterprises; pioneered large BOT road projects and advanced water infrastructure including India’s first multi-storeyed wastewater facility. |
Where we operate Across major Indian states including Maharashtra, Madhya Pradesh, Bihar, and urban centers like Mumbai and Delhi; expanding tunneling and water projects nationwide. |
Top products or what we offer Core offerings include EPC and BOT road projects, water treatment and distribution systems, and tunneling and pipeline rehabilitation services. |
Top brands Key infrastructure projects: Delhi-Meerut Expressway (India’s first 14-lane expressway), Dharavi Wastewater Treatment Facility, Bhandup Water Treatment Plant; WMEL tunneling division. |
Raw materials needed Construction materials like cement, steel, pipes, and water technology components; industrial inputs for EPC projects. |
Raw materials supplier Supplied by multiple domestic and international vendors adhering to quality and sustainability standards. |
Recurring vs cyclical contribution Revenue driven by a mix of recurring O&M contracts in water and toll collections, and cyclical EPC project executions. |
Our industry position Among top infrastructure developers in India, with pioneering HAM and BOT road projects and growing dominance in urban water infrastructure solutions. |
Financial highlights FY25 Consolidated revenue ₹3,584 crore with EBITDA of ₹730 crore and net profit of ₹384 crore; steady revenue and profitability growth over recent years. |
Geographical revenue split Revenue primarily from Indian infrastructure projects across various states; no significant overseas operations reported. |
Order book Robust consolidated order book over ₹14,354 crore as of Dec 2025, diversified across water, transport, and tunneling segments. |
Whats driving growth Strong government infrastructure push, expanded water and tunneling portfolio, technological innovation, and strategic partnerships drive growth. |
Our future plans Focus on expanding water infrastructure including large-scale treatment plants, urban tunneling, and selective transportation projects under NHAI’s pipeline. |
Our green promise Committed to ESG with energy efficiency, carbon footprint reduction, and waste management; recognized for sustainability and community water projects. |
Our people and values Emphasizes strong governance, safety, diversity, employee training, and ethical business practices fostering innovation and accountability. |
Key challenges ahead Managing project execution risks, regulatory changes, competition, and ensuring sustainable returns amidst evolving infrastructure policies. |
Interesting facts Completed India’s first 14-lane expressway and first multi-storey wastewater facility in Mumbai; strong presence in innovative urban tunneling. |
Risks and strategy Focus on risk management in finance, operational execution, regulatory compliance, and market dynamics with mitigation via strong governance and project selection. |
