Welspun Enterprises Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

The Board of Welspun Enterprises at its meeting held on 27 March 2025 has approved the sale of its entire stake in its non-operative wholly owned subsidiary companies namely, Kim Mandvi Corridor [Formerly known as Welspun Project (Kim Mandvi Corridor)] and Buildtech Projects & Infra Private [Formerly known as Welspun Build-Tech] to Sherry Exports.

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The project involves the rehabilitation of the existing drainage line from Shrenik Park Circle to Akota-Dandiya Bazar Bridge Junction to Atladara STP in the West Zone of Vadodara, Gujarat.

The contract is valued at Rs 79.29 crore, and the project is scheduled for completion within 12 months (excluding monsoons).

The outstanding order book of WMEL as of 25 March 2025 was Rs 2,915.42 crore. With the addition of this project, the outstanding order book now stands at Rs 2,994.71 crore.

Saurin Patel, managing director of Welspun Michigan Engineers, said, ?This order for rehabilitating drainage lines in Vadodara using trenchless technology enables us to rejuvenate existing infrastructure while minimizing societal costs, disruptions, and the environmental impact of traditional construction methods. It also marks our entry into a new market and serves as a strategic step in WMEL?s plans to expand into new geographies for growth.?

The official announcement was made on Wednesday, 26 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, and industrial projects for coal mines, fertilizer plants, petrochemicals, and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

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The project involves the upgradation of the Haji Ali Storm Water Pumping Station in G/S Ward, Mumbai. The scope of work includes the supply, delivery, erection, and commissioning of mechanical, electrical, instrumentation, and automation systems, along with the repair of civil works. The project will also include comprehensive operation and maintenance of the pumping station.

The execution period is set for 18 months, starting from 1 October 2025 (excluding the monsoon seasons), followed by a 15-year operation and maintenance (O&M) phase.

WMEL?s share of the contract value amounts to Rs 208.55 crore, which is 75% of the total contract value. This includes Rs 93.59 crore for the engineering, procurement, and construction (EPC) phase and Rs 114.96 crore for the O&M phase.

With this new contract, WMEL?s outstanding order book has increased to ₹2,915.42 crore. This contract marks one of the largest projects secured by WMEL in the pumping station segment and follows a recent February 2025 contract for the design and construction of the Mogra Storm Water Pumping Station in Mumbai?s K/W Ward.

Saurin Patel, managing director of WMEL, stated, ? The Haji Ali Storm Water Pumping Station is a critical infrastructure project designed to provide significant relief to flood-prone areas in South and Central Mumbai while strengthening the city?s drainage system. This new order reaffirms WMEL?s commitment to sustainable water management solutions and highlights our continued growth and expertise in urban infrastructure development.?

The official announcement was made on Tuesday, 25 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

The scrip rose 0.82% to Rs 512.05 on the BSE.

Powered by Capital Market - Live News

The project involves the rehabilitation of the existing drainage line from Shrenik Park Circle to Akota-Dandiya Bazar Bridge Junction to Atladara STP in the West Zone of Vadodara, Gujarat.

The contract is valued at Rs 79.29 crore, and the project is scheduled for completion within 12 months (excluding monsoons).

The outstanding order book of WMEL as of 25 March 2025 was Rs 2,915.42 crore. With the addition of this project, the outstanding order book now stands at Rs 2,994.71 crore.

Saurin Patel, managing director of Welspun Michigan Engineers, said, ?This order for rehabilitating drainage lines in Vadodara using trenchless technology enables us to rejuvenate existing infrastructure while minimizing societal costs, disruptions, and the environmental impact of traditional construction methods. It also marks our entry into a new market and serves as a strategic step in WMEL?s plans to expand into new geographies for growth.?

The official announcement was made on Wednesday, 26 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, and industrial projects for coal mines, fertilizer plants, petrochemicals, and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

Powered by Capital Market - Live News

The project involves the upgradation of the Haji Ali Storm Water Pumping Station in G/S Ward, Mumbai. The scope of work includes the supply, delivery, erection, and commissioning of mechanical, electrical, instrumentation, and automation systems, along with the repair of civil works. The project will also include comprehensive operation and maintenance of the pumping station.

The execution period is set for 18 months, starting from 1 October 2025 (excluding the monsoon seasons), followed by a 15-year operation and maintenance (O&M) phase.

WMEL?s share of the contract value amounts to Rs 208.55 crore, which is 75% of the total contract value. This includes Rs 93.59 crore for the engineering, procurement, and construction (EPC) phase and Rs 114.96 crore for the O&M phase.

With this new contract, WMEL?s outstanding order book has increased to ₹2,915.42 crore. This contract marks one of the largest projects secured by WMEL in the pumping station segment and follows a recent February 2025 contract for the design and construction of the Mogra Storm Water Pumping Station in Mumbai?s K/W Ward.

Saurin Patel, managing director of WMEL, stated, ? The Haji Ali Storm Water Pumping Station is a critical infrastructure project designed to provide significant relief to flood-prone areas in South and Central Mumbai while strengthening the city?s drainage system. This new order reaffirms WMEL?s commitment to sustainable water management solutions and highlights our continued growth and expertise in urban infrastructure development.?

The official announcement was made on Tuesday, 25 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

The scrip rose 0.82% to Rs 512.05 on the BSE.

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Welspun Michigan Engineers (WMEL), formerly known as Michigan Engineers, a material subsidiary of Welspun Enterprises, has been awarded Work Order (WO) by the Brihanmumbai Municipal Corporation (BMC). This WO pertains to Engineering, Procurement, and Construction (EPC) contract followed by 7 years of Operations & Maintenance (O&M) of Mogra Storm Water Pumping Station in Mumbai, Maharashtra. The contract value including GST and O&M is Rs. 290.88 crore.

This Project is to be executed within a period of 20 months (excluding monsoon), which will start after obtaining statutory permissions from MoEF, Mangrove Cell and High Court.

The outstanding order book of WMEL as on 31 January 2025 was Rs. 2,546 crore. This includes the Dharavi to Ghatkopar Tunnelling order (DGT Project) of Rs ~1,150 crore from Welspun Enterprises. With the addition of Mogra Storm Water Pumping Station order, the outstanding order book of WMEL will be ~ Rs. 2,791.76 crore (excluding GST). This order book consist of Rs. 124.75 crore of O&M.

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The Board of Welspun Enterprises at its meeting held on 27 March 2025 has approved the sale of its entire stake in its non-operative wholly owned subsidiary companies namely, Kim Mandvi Corridor [Formerly known as Welspun Project (Kim Mandvi Corridor)] and Buildtech Projects & Infra Private [Formerly known as Welspun Build-Tech] to Sherry Exports.

Powered by Capital Market - Live News

The project involves the rehabilitation of the existing drainage line from Shrenik Park Circle to Akota-Dandiya Bazar Bridge Junction to Atladara STP in the West Zone of Vadodara, Gujarat.

The contract is valued at Rs 79.29 crore, and the project is scheduled for completion within 12 months (excluding monsoons).

The outstanding order book of WMEL as of 25 March 2025 was Rs 2,915.42 crore. With the addition of this project, the outstanding order book now stands at Rs 2,994.71 crore.

Saurin Patel, managing director of Welspun Michigan Engineers, said, ?This order for rehabilitating drainage lines in Vadodara using trenchless technology enables us to rejuvenate existing infrastructure while minimizing societal costs, disruptions, and the environmental impact of traditional construction methods. It also marks our entry into a new market and serves as a strategic step in WMEL?s plans to expand into new geographies for growth.?

The official announcement was made on Wednesday, 26 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, and industrial projects for coal mines, fertilizer plants, petrochemicals, and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

Powered by Capital Market - Live News

The project involves the upgradation of the Haji Ali Storm Water Pumping Station in G/S Ward, Mumbai. The scope of work includes the supply, delivery, erection, and commissioning of mechanical, electrical, instrumentation, and automation systems, along with the repair of civil works. The project will also include comprehensive operation and maintenance of the pumping station.

The execution period is set for 18 months, starting from 1 October 2025 (excluding the monsoon seasons), followed by a 15-year operation and maintenance (O&M) phase.

WMEL?s share of the contract value amounts to Rs 208.55 crore, which is 75% of the total contract value. This includes Rs 93.59 crore for the engineering, procurement, and construction (EPC) phase and Rs 114.96 crore for the O&M phase.

With this new contract, WMEL?s outstanding order book has increased to ₹2,915.42 crore. This contract marks one of the largest projects secured by WMEL in the pumping station segment and follows a recent February 2025 contract for the design and construction of the Mogra Storm Water Pumping Station in Mumbai?s K/W Ward.

Saurin Patel, managing director of WMEL, stated, ? The Haji Ali Storm Water Pumping Station is a critical infrastructure project designed to provide significant relief to flood-prone areas in South and Central Mumbai while strengthening the city?s drainage system. This new order reaffirms WMEL?s commitment to sustainable water management solutions and highlights our continued growth and expertise in urban infrastructure development.?

The official announcement was made on Tuesday, 25 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

The scrip rose 0.82% to Rs 512.05 on the BSE.

Powered by Capital Market - Live News

The project involves the rehabilitation of the existing drainage line from Shrenik Park Circle to Akota-Dandiya Bazar Bridge Junction to Atladara STP in the West Zone of Vadodara, Gujarat.

The contract is valued at Rs 79.29 crore, and the project is scheduled for completion within 12 months (excluding monsoons).

The outstanding order book of WMEL as of 25 March 2025 was Rs 2,915.42 crore. With the addition of this project, the outstanding order book now stands at Rs 2,994.71 crore.

Saurin Patel, managing director of Welspun Michigan Engineers, said, ?This order for rehabilitating drainage lines in Vadodara using trenchless technology enables us to rejuvenate existing infrastructure while minimizing societal costs, disruptions, and the environmental impact of traditional construction methods. It also marks our entry into a new market and serves as a strategic step in WMEL?s plans to expand into new geographies for growth.?

The official announcement was made on Wednesday, 26 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, and industrial projects for coal mines, fertilizer plants, petrochemicals, and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

Powered by Capital Market - Live News

The project involves the upgradation of the Haji Ali Storm Water Pumping Station in G/S Ward, Mumbai. The scope of work includes the supply, delivery, erection, and commissioning of mechanical, electrical, instrumentation, and automation systems, along with the repair of civil works. The project will also include comprehensive operation and maintenance of the pumping station.

The execution period is set for 18 months, starting from 1 October 2025 (excluding the monsoon seasons), followed by a 15-year operation and maintenance (O&M) phase.

WMEL?s share of the contract value amounts to Rs 208.55 crore, which is 75% of the total contract value. This includes Rs 93.59 crore for the engineering, procurement, and construction (EPC) phase and Rs 114.96 crore for the O&M phase.

With this new contract, WMEL?s outstanding order book has increased to ₹2,915.42 crore. This contract marks one of the largest projects secured by WMEL in the pumping station segment and follows a recent February 2025 contract for the design and construction of the Mogra Storm Water Pumping Station in Mumbai?s K/W Ward.

Saurin Patel, managing director of WMEL, stated, ? The Haji Ali Storm Water Pumping Station is a critical infrastructure project designed to provide significant relief to flood-prone areas in South and Central Mumbai while strengthening the city?s drainage system. This new order reaffirms WMEL?s commitment to sustainable water management solutions and highlights our continued growth and expertise in urban infrastructure development.?

The official announcement was made on Tuesday, 25 March 2025, after market hours.

Welspun Enterprises is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multi-storied buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water-retaining structures.

The company?s consolidated net profit shed marginally to Rs 71.49 crore in Q3 FY25 as against Rs 71.55 crore recorded in Q3 FY24. However, revenue from operations jumped 22.7% YoY to Rs 866.87 crore posted in the quarter ended 31 December 2024.

The scrip rose 0.82% to Rs 512.05 on the BSE.

Powered by Capital Market - Live News

Welspun Michigan Engineers (WMEL), formerly known as Michigan Engineers, a material subsidiary of Welspun Enterprises, has been awarded Work Order (WO) by the Brihanmumbai Municipal Corporation (BMC). This WO pertains to Engineering, Procurement, and Construction (EPC) contract followed by 7 years of Operations & Maintenance (O&M) of Mogra Storm Water Pumping Station in Mumbai, Maharashtra. The contract value including GST and O&M is Rs. 290.88 crore.

This Project is to be executed within a period of 20 months (excluding monsoon), which will start after obtaining statutory permissions from MoEF, Mangrove Cell and High Court.

The outstanding order book of WMEL as on 31 January 2025 was Rs. 2,546 crore. This includes the Dharavi to Ghatkopar Tunnelling order (DGT Project) of Rs ~1,150 crore from Welspun Enterprises. With the addition of Mogra Storm Water Pumping Station order, the outstanding order book of WMEL will be ~ Rs. 2,791.76 crore (excluding GST). This order book consist of Rs. 124.75 crore of O&M.

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