WELSPUNLIVNSE3 February 2022

Welspun India Limited has informed the Exchange about Investor Presentation

Welspun Living Limited

WIL/SEC/2022

February 03, 2022

Bombay Stock Exchange Limited Department of Corporate Services, SP. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code-514162)

National Stock Exchange of India Limited ListingCompliance Department Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 (Symbol: WELSPUNIND)

Dear Sirs/ Madam,

Subject: Disclosure of information pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached investor presentation, inter alia, on unaudited financial results of the Company for the quarter ended December 31, 2021.

Please take the same on record.

Thank you,

For Welspun India Limited

Shashikant Thorat Company Secretary ICSI Membership No. : FCS-6505

Enclosed: Results Presentation as mentioned above

Earnings Presentation W e l s p u n I n d i a L i m i t e d

H o m e T e x t i l e | A d v a n c e T e x t i l e | F l o o r i n g

Q3 FY22 3rd Feb 2022

NSE: WELSPUNIND Bloomberg: WLSI:IN Reuters: WLSP.NS

Inside this Presentation

Executive Summary

Management Commentary

Awards & Recognition

Global Presence

Key Highlights

9MFY22 Summary

Quarterly Summary

Operational Highlights

Quarterly Segment Results

Enhancing Capacity; Catering to Growing Demand

Profit & Loss Summary

Financial Statements Summary

ESG at Welspun

Share Holding Summary

Annexures

Executive Summary

Diversified Brand & License Portfolio

Multipronged

E-Commerce Strategy to accelerate growth & capture larger share of the fast-growing market

ESG Focused organization with well-defined principles, roadmap and targets

Strong Emerging Businesses:  Flooring Solutions

disrupting the world of flooring

 Advanced Textiles

dealing with innovative product applications

Thought leader Collaboration with INFINICHAINS Tamper-proof Blockchain platform for state-of-the-art transparency for All Fibers & All Product Categories

A certified woman owned business with >25% women in a 20,000+ strong workforce

#1 Ranking Consistently as Home Textile Supplier to USA.*

1 in 4 Towels & 1 in 7 Sheets Sold in US made by Welspun**

Note: *Source: HTT Magazine ** Source: OTEXA data

Welspun India Ltd (WIL), part of $2.7 bn Welspun Group, is a global leader in the Home Textiles landscape. With a strong global distribution network and world- class vertically-integrated manufacturing facilities located in India, Welspun is strategic partners with top global retailers.

WIL is differentiated by strategy based on its Branding, Innovation and Sustainability.

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Management Commentary

We are delighted to share yet another resilient performance during the quarter despite unprecedented challenges faced by the World at large. Domestic Retail business achieved its highest ever 100 cr+ revenues during the quarter. Our emerging businesses have shown substantial growth momentum with Flooring achieving its highest quarterly revenues and Licensed Brand & E-Commerce business growing by over 66% in the US market.

The operating environment continued to remain trying with an unparalleled highest ever commodity price increase and global supply chain disruptions. The strong growth and improvement in sentiments that we have been witnessing during the year also got a bit impacted by the arrival of the third Covid wave, the effect of which has been mild, though, so far. We are, however, very focused to achieve sustainable growth in all our markets.

Sustainability and ESG remains at the core of what we do. I am happy to note that in our 2021 ESG rating with DJSI Sustainability Index, we achieved a score of 48, which is 62% higher than the industry average.

Ms. Dipali Goenka CEO & Joint Managing Director, Welspun India Limited

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Awards & Recognition

Dow Jones Sustainability Index rates Welspun’s with an ESG score of 48, 62% higher than the average industry score

Frost & Sullivan and TERI awarded Welspun’s under 2 categories at the Sustainability 4.0 Awards

Spun by Welspun recognized as one of the top 100 corporate-ready social enterprises, globally by WEF

Welspun Group’s new Corporate Ad film captured audience’s mind

Won National Water Award 2020 (1st prize) in Best Industry Category

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Strong Global Presence

Key Customer Partnership

North America

UK & Europe

India

#1 Ranking

In “Top 15 Home Textile Supplier Giants to USA”

Over50

Countries Presence

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ROW

Key Highlights

Q3FY22

Brands

E-Commerce

Innovation

Click t h e I co ns t o kno w mo re

Feathers in our cap

Total Income Q3 → up 19% YoY at ₹ 24,379 mn 9M → up 36% YoY at ₹ 71,303 mn

EBITDA Q3 → Stood at ₹ 3,305 mn 9M → up 11% YoY at ₹ 11,781 mn Textile Business EBITDA at ₹ 3,126 mn in Q3FY22 & at ₹ 11,707 mn in 9MFY22 up 5%

Branded business grew by 45% YoY and stood at ₹ 3,879 mn in Q3FY22

Innovation business up by 24% YTD and stood at ₹ 16,362 mn

Flooring Business grew by 95%YoY in Q3FY22 to reach ₹ 1,909 mn

Net Debt stood at ₹ 25,420 mn vs. ₹ 25,332 mn (September 2021)

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Dipali Goenka: Unstoppable Tycoon Featured in Business Today

W a t c h v id e o

Welspun has been recognized by Walmart as its trusted partner for 20 years in their recent corporate announcement & HT leadership summit

9MFY22 Highlights

Revenue

EBITDA

PBT

PAT

Cash Profit

71,303

11,781

7,642 5,490 8,786

(₹ Million)

Growth (YoY)

Margin (%) (y-o-y)

35.8%

11.0%

16.5%

30.0%

10.7%

34.0%

7.7%

9.2%

Margin Expansion/Contraction (y-o-y)

-369 Bps

-50 Bps

-10 Bps

EPS/CEPS

5.52

8.89

Note: 1. Prior period figures are restated wherever necessary

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Quarterly Highlights

Q3FY22

Growth (YoY)

Growth (QoQ)

Margin (%) (y-o-y)

(₹ Million)

Revenue

EBITDA

PBT

PAT

Cash Profit

24,379 3,305

1,671

1,324 2,739

19.0%

-2.5%

-21.0%

-22.0%

13.6%

-33.0%

-41.0%

6.9%

-27.0%

-33.5%

5.4%

-15.0%

-15.4%

Margin Expansion/Contraction (y-o-y)

-687 Bps

-529 Bps

-339 Bps

EPS/CEPS

1.34

2.77

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Quarterly Highlights

(₹ Million)

Particulars

31-Dec-21

31-Dec-20

30-Sep-21

Net Worth

39,371

35,324

37,917

Short Term Loans

20,449

16,374

18,704

Long Term Loans

12,130

14,633

12,348

of which Flooring Debt

7,677

6,799

7,634

Gross Debt

32,580

31,007

31,052

Cash & Cash Equiv.

7,160

6,321

5,718

Net Debt

25,420

24,686

25,332

Net Debt excl. Flooring debt

17,743

17,887

17,699

ROE (In %)

20.0

ROCE (In %)

15.0

10.0

5.0

0.0

1 7 . 2

1 4 9

1 8 4

1 5 . 7

1 2 9

1 6 8

Q3FY22

Q3FY21

Q2FY22

Q3FY22

Q3FY21

Q2FY22

Net Debt / Equity (x) 0.72

Net Debt / EBITDA (x) 1.90

0.70

0.68

0.66

0.64

0.62

0 6 5

0 7 0

0 6 7

1.80

1.70

1.60

1.50

1.40

1.30

1 . 6 2

1 . 8 2

1 . 5 3

Total Assets

96,095

85,446

91,940

Q3FY22

Q3FY21

Q2FY22

Q3FY22

Q3FY21

Q2FY22

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Note: 1. All quarterly chart figures are on TTM basis.

Quarterly Highlights

Revenue

Q3FY22 Sales Contribution (%)

Q2FY22 Sales Contribution (%) Q3FY21 Sales Contribution (%)

Growth YoY (%)

9MFY22 Sales Contribution (%) 9MFY21 Sales Contribution (%)

Growth YoY (%)

B2B

Global*

Innovation

Others

Domestic

5,102 23%

5,731 26% 6,060 34%

-16%

16,362 26% 13,214 29%

24%

11,805 54%

11,956 53% 8,225 46%

44%

33,225 53% 23,651 51%

40%

1,092 5%

1,153 5% 1,033 6%

3,179 5% 2,616 6%

21%

(₹ Million)

Branded#

Global*

Domestic

Online

Offline

Online

986 5%

1,403 6% 900 5%

10%

3,297 5% 2,934 6%

12%

1,554 7%

1,244 6% 873 5%

78%

4,378 7% 1,983 4%

121%

56 0%

53 0% 60 0%

-6%

154 0% 117 0%

22%

Offline

1,282 6%

861 4% 846 5%

52%

2,607 4% 1,435 3%

82%

Note: *Non-Domestic #Includes Innovation Revenue excludes Other Operating Income

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25% YoY Growth in Domestic Business

45% YoY

21% YoY

Growth in Brand business

Growth in Global Business

Quarterly Highlights

Revenue

Home Textile Business

Q3FY22 Sales Contribution (%)

Q2FY22 Sales Contribution (%)

Q3FY21 Sales Contribution (%)

Growth YoY (%) 9MFY22 Sales Contribution (%)

9MFY21 Sales Contribution (%)

Growth YoY (%)

HT - B2B

HT – Branded

HT - E-Comm

15,814 72%

16,855 75%

13,855 77%

14% 46,966 74%

35,954 78%

31%

2,619 12%

1,958 9%

1,509 8%

74% 6,495 10%

2,999 7%

117%

1,042 5%

1,456 7%

960 5%

9% 3,452 5%

3,060 7%

13%

Advanced Textiles 630 3%

674 3%

738 4%

-15% 1,929 3%

2,051 4%

-6%

(₹ Million)

Flooring Business

Flooring – B2B

Flooring – Branded

1,555 7%

1,310 6%

725 4%

114% 3,872 6%

1,476 3%

162%

217 1%

147 1%

210 1%

3% 490 1%

419 1%

17%

Note: HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income

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18% YoY

48% YoY

95% YoY

Growth in Textile business

Growth in HT Branded business (incl. E-Comm)

Growth in Flooring Business

Operational highlights (Quarterly)

Manufacturing Capacity & Utilization

Particulars

UOM

Annual Capacity

Q3FY22

Utilization (%)

85,400

18,387

Bath Linen

Bed Linen

Mn mtrs

Home Textile

Rugs & Carpets Mn sq mtrs

Advanced Textile

Spunlace

Needle Punch

Wet Wipes

Mn Packs

12.0

10,000

3,026

100

22.3

2.1

1,576

326

5.0

88%

99%

70%

80%

53%

34%

Q2FY22

19,769

23.9

2.7

1,706

343

4.9

Utilization (%)

95%

100%

89%

82%

54%

33%

Q3FY21

20,196

22.5

2.6

2,147

369

4.4

Utilization (%)

100%

88%

93%

55%

37%

Flooring

Particulars

UOM

Annual Capacity

Expected* Operational

Q3FY22

Utilisation (%)

Q2FY22

Utilization (%)

Q3FY21

Utilisation (%)

Flooring

Mn sq mtrs

1.7

38%

1.4

30%

0.7

26%

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Operational highlights (9MFY22)

Manufacturing Capacity & Utilization

Particulars

Bath Linen

Bed Linen

UOM

Mn mtrs

Home Textile

Rugs & Carpets

Mn sq mtrs

Advanced Textile

Spunlace

Needle Punch

Wet Wipes

Mn Packs

Annual Capacity

9MFY22

Utilization (%)

85,400

57,335

10,000

3,026

100

67.3

7.5

5,129

1,037

15.0

90%

100%

83%

82%

55%

33%

9MFY21

50,379

54.1

5.5

6,703

751

19.0

Utilization (%)

79%

80%

61%

96%

39%

49%

Flooring

Particulars

UOM

Annual Capacity

Expected*

Operational

9MFY22

Utilisation (%)

9MFY21

Utilization (%)

Flooring

Mn sq mtrs

4.0

30%

1.2

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Quarterly Profit & Loss

Particulars

Total Income

EBITDA

EBITDA Margin (%)

Finance Cost

Depreciation

PBT (after exceptional)

Tax

PAT (After Minority Interest)

PAT Margin

Cash Profit^

EPS (₹)

Note: 1. ^Cash Profit = PBDT (before exceptionals) less Current Tax 2. Prior period figures are restated wherever necessary

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Q3 FY22

Q3 FY21

YoY Change

9M FY22

9M FY21

YoY Change

(₹ Million)

24,379

3,305

13.6%

208

1,067

1,671

360

1,324

5.4%

2,739

1.34

20,497

4,187

20.4%

559

1,139

2,489

741

1,808

8.8%

3,217

1.80

18.9%

-21.1%

-687 bps

-62.8%

-6.3%

-32.9%

-51.4%

-26.8%

-339 bps

-14.8%

-25.5%

71,303

11,781

16.5%

1,050

3,090

7,642

2,086

5,490

7.7%

8,786

5.52

52,511

10,616

20.2%

1,333

3,394

5,889

1,725

4,096

7.8%

8,043

4.08

35.8%

11.0%

-369 bps

-21.3%

-8.9%

29.7%

20.9%

34.0%

-10 bps

9.2%

35.4%

Quarterly Segment Results

Particulars

Q3 FY22

Q3 FY21

YoY Change

Q2 FY22

QoQ Change*

9M FY22 9M FY21

Home Textile

Revenue

EBITDA

22,508

19,672

14% 23,749

-5%

67,181

50,760

3,126

4,348

-28%

4,135

-24%

11,707

11,176

(₹ Million)

YoY Change

32%

EBITDA Margin (%)

13.9%

22.1% -821 bps

17.4% -352 bps

17.4% 22.0% -459 bps

Flooring

Revenue

EBITDA

1,909

103

977

-240

EBITDA Margin (%)

5.4%

-24.5%

Note: 1.

Prior period figures are restated wherever necessary

95%

1,596

20%

4,719

2,002

136%

129%

-115

-808

2.8% 259 bps

-2.4%

-40.3%

Revenue Segmentation (%)

Q3 FY22

92.2%

7.8%

Legend

Home Textile

Flooring

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Enhancing capacity; catering to growing demand

 Rise of homebody economy & focus on hygiene driving increased consumption of Home textile products  Enhancing our capacity through de-bottlenecking & rebalancing facilities to cater to this demand  Capital light expansion in the areas of processing, cut & sew etc.

Towels

80,000 MT

85,400MT

Capacity in FY21

Current Capacity

102,000MT

Starting Q4FY23

Bed Linen

90 Mn. Meters

Capacity in FY21

Current Capacity

108 Mn. Meters

Starting Q4FY22

Rugs & Carpets

10 Mn. Sq. Meters

12 Mn. Sq. Meters

Capacity in FY21

Current Capacity

18 Mn. Sq. Meters

Starting Q4FY22

HOME TEXTILE:  Capacity expansion at Vapi and Anjar

underway

 Additional TT Capacity expansion for 16,600MT PA to be operational by Q4 FY23

ADVANCED TEXTILE:  Spunlace expansion to commence

operations in Q4 FY22

 Potential business topline: over

₹6,000 mn by FY23

FLOORING:

•

The planned capacity installation to be completed by Q4FY22

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Summary of Financial Statements

W e l s p u n E x p e r i e n c e C e n t r e , H y d e r a b a d

Profit & Loss Summary

Particulars

Total Income

Growth %

EBITDA

EBITDA Margin

Depreciation

Finance cost

PBT (Before exceptional)

Exceptional Items

PAT (After Minority Interest)

Cash Profit*

EPS (₹)

Note: 1. *Cash Profit = PBDT (before exceptionals) less Current Tax 2. Prior period figures are restated wherever necessary

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FY18

61,318

-8.8%

12,046

19.6%

5,042

1,408

5,597

3,850

9,413

3.83

FY19

66,084

7.8%

11,467

17.4%

4,358

1,593

5,516

(2,647)

2,098

8,977

2.09

FY20

68,362

3.4%

13,098

19.2%

4,811

1,777

6,510

434

5,074

9,702

5.05

FY21

74,080

8.4%

14,198

19.2%

4,536

1,975

7,686

5,397

10,197

5.37

(₹ Million)

9MFY22

71,303

35.8%

11,781

16.5%

3,090

1,050

7,642

5,490

8,786

5.52

Balance Sheet Summary

Particulars

Net Worth

Short Term Loans

Long Term Loans

of which Flooring Debt

Gross Debt

Cash & Cash Equiv.

Net Debt

Net Debt excluding Flooring debt

Capital Employed*

Net Fixed Assets (incl CWIP)^

Net Current Assets

Total Assets

31-Mar-18

31-Mar-19

31-Mar-20

31-Mar-21

31-Dec-21

(₹ Million)

26,057

12,580

20,228

32,807

2,538

30,269

62,962

33,641

23,734

72,249

27,793

14,080

19,024

2,870

33,104

2,821

30,283

27,412

65,456

36,154

22,210

77,423

29,721

17,717

16,704

6,378

34,421

4,803

29,618

23,064

68,825

38,105

21,828

83,103

36,447

17,452

10,962

7,112

28,414

5,087

23,327

16,215

71,305

38,042

24,536

86,778

39,371

20,449

12,130

7,677

32,580

7,160

25,420

17,743

78,968

40,121

25,933

96,095

Net Debt of Core business reduced by 46.4% in last 3 Years (FY 18 to FY21)

Note: *Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents

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Ratios Summary

Solvency ratios

Operational ratios

Return ratios

Net Debt/Equity

Net Debt/EBITDA

EBIT/Interest

Current ratio

Fixed asset turnover

Total asset turnover

Inventory days

Debtor days

Payable days

Cash conversion cycle

ROE

ROCE (Pre-tax)

FY18

1.16

2.51

4.98

1.42

1.80

0.84

15.4%

11.3%

FY19

1.09

2.64

4.46

1.25

1.81

0.84

15.2%

10.9%

FY20

1.00

2.26

4.66

1.19

1.77

0.81

16.1%

12.3%

FY21

0.64

1.64

4.89

1.33

1.93

0.85

16.3%

13.8%

Continuous Improvement in ROCE in last 3 years

Note: ▪ ROCE = EBIT / Average Capital Employed & ROE = Net Profit / Average Net worth ▪ ▪

Total asset turnover = Sales/ (Fixed assets + Gross current assets) FY17, FY19, FY20 & FY21 Return Ratios figures adjusted for Exceptional item

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(On TTM Basis) Q3FY22 0.65

1.62

6.79

1.33

2.31

0.96

17.2%

15.7%

Welspun ESG way: Encompassing all stakeholders

Welspun is going through a major transformation where we are embedding sustainability and circularity in every realm of our value chain.

We are striving to be the absolute benchmark and global leader in the use of ESG framework and compliance to sustainable practices. Our social and philanthropic initiatives are run through Welspun Foundation and are centered around 3E’s – Environment & Health, Education, Empowerment.

We have built a roadmap on Sustainability for WIL that enlists our goals under Sustainability till 2030.

Independent review of Welspun India's performance across 170+ ESG (Environmental, Social & Governance) parameters

Click here for more details

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Environmental

 Implemented ISO 14001

Environmental Management Systems at both manufacturing sites

 Flagship facility is fresh water positive: 30 mn liters per day sewage treatment plant enables use of treated sewage instead of Freshwater in production operations

 Successfully completed trials to

use Hazardous sludge from ETP as alternate fuel in Power Plant (coal replacement)

 Recognized with the prestigious National Water Award 2020 (1st prize in “Best Industry” category

Water Story

Social  Engaged with Cotton Farmers to

train & enable them grow sustainable forms of Cotton (Better Cotton Initiative and Organic Cotton) in an initiative spread over 350 villages, impacting 15,314 farmers.

 Focus on inclusion and gender diversity – large segment of women workers in Cut-&-Sew operations

 “SPUN” initiative: empowering

women in rural communities earn livelihood by making handicraft goods from Factory textile scrap  “SPUN” by Welspun recognized as one of the top 100 corporate- ready social enterprises, globally by World Economic Forum Sustainable Cotton Story

Governance

 Board Committee on ESG  Executive remuneration linked to

ESG goals

 Initiated a broad Enterprise Risk

Management framework  Implemented the ACCESS

module in SAP to enable access of relevant data to authorized users

 Robust Ethics framework in place  Compliance management tool in

place

 Innovation and intellectual property oriented culture reflected in 30+ innovations.

Governance Framework

ESG Journey till date …

Dow Jones Sustainability Index (DJSI): Welspun India rated 62% higher than industry average score in DJSI Corporate Sustainability Assessment 2021

Journey Till Date (nos. are on YTD basis)

100,000+ acres

3,278 million

1,38,419 GJEnergy

44%

Landbank of sustainable cotton farming

Liters of recycled water used in process

Saved through energy conservation

Of cotton used from sustainable sources

8,380 tons

Recycled cotton reused in process

Welspun is rated “Low Risk” on ESG factors by one of the top ESG rating agency

Welspun’s Sustainability journey now a case study on Ivey publishing website

ESG Rating

Sustainalytics

Score improved to 14.8 from 17.9

Dow Jones Sustainability Index

ESG Rating of 48 (62% higher than industry average)

Conducting Gap-assessment and identifying measures to move to "Negligible" risk rating

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Sustainability – Progress against Targets

Aspects

Q3 FY21-22 YTD FY21-22

Goal 2025

Key Highlight of Q3FY21

Carbon Neutral (measured as % RE)

WIP

20% RE

100% Sustainable Cotton

34%

44%

50%

Projects Under consideration: Solar PV on STP pumping stations (1MW), Floating solar PV @ Anjar (11MW)

Increase use of wood briquettes, Rice Husks and ETP dried sludge @Anjar, WFL.

Discussion with Guj. Govt. underway regarding solar power policy

On YTD basis sourcing of both Organic Cotton & BCI-cotton has increased (Due to increased customer demand). However, there is slight dip In Q3 on account of change in product mix

Fresh Water Positive in Production operations

10.8 KL/MT

10.4 KL/MT

5 KL/MT

Existing treated-municipal-sewage use in Anjar factory continues, while, Vapi factory continues to use Fresh water

Zero hazardous waste to Landfill (ETP chemical sludge)

Impacting 1 million lives in CSV

Farmers in Welspun sustainable farming project (cumulative)

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9.8 MT

17.8 MT

0 MT

Hazardous Waste used as Alternate Fuel in Anjar Power Plant (thus, reducing use of Coal). However, Vapi factory ETP sludge has been sent to landfill at TSDF site

1,73,532

5,00,000

Direct Beneficiaries reached through Wel Shiksha, We Netrutva, WSSW and We Suraksha, does not include Covid and Env. activities

15314

20,000

On track. Farmer Registrations are in process

Share Holding Summary

Shareholding Pattern (Dec 2021)

Promoter Group

FPIs

Mutual Funds/AIF

Insurance Co’s

Public

70.4%

9.1%

2.6%

2.4%

15.7%

Top Institutional Shareholders

LIC of India

L&T Mutual Fund

DSP Mutual Fund

Aditya Birla Sunlife MF

Tata Mutual Fund

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Disclaimer

The information contained in this presentation is provided by Welspun India Limited (the “Company”), although care has been taken to ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is subject to change without notice, its accuracy, fairness or completeness is not guaranteed and has not been independently verified and no express or implied warranty is made thereto. You must make your own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as you may consider necessary or appropriate for such purpose. Neither the Company nor any of its directors assume any responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein. Neither the Company nor any of its directors, officers, employees or affiliates nor any other person accepts any liability (in negligence, or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith.

The statements contained in this document speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. By preparing this presentation, none of the Company, its management, and their respective advisers undertakes any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent. This document is for informational purposes and does not constitute or form part of a prospectus, a statement in lieu of a prospectus, an offering circular, offering memorandum, an advertisement, and should not be construed as an offer to sell or issue or the solicitation of an offer or an offer document to buy or acquire or sell securities of the Company or any of its subsidiaries or affiliates under the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, both as amended, or any applicable law in India or as an inducement to enter into investment activity. No part of this document should be considered as a recommendation that any investor should subscribe to or purchase securities of the Company or any of its subsidiaries or affiliates and should not form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. This document is not financial, legal, tax, investment or other product advice.

This presentation contains statements of future expectations and other forward-looking statements which involve risks and uncertainties. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition, and future events and plans of the Company. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results, performances or events may differ from those in the forward-looking statements as a result of various factors and assumptions. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management of the Company on future events. No assurance can be given that future events will occur, or that assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise.

Any reference herein to "the Company" shall mean Welspun India Limited, together with its consolidated subsidiaries.

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Let’s connect

For further details please contact

Mr. Sanjay Gupta President (Finance) & CFO Welspun India Limited sanjay_gupta1@welspun.com

Mr. Abhinandan Singh Group Head – Investor Relations Abhinandan_singh@welspun.com

welspunindia.com

TheWelspunGroup

welspungroup

Mr. Vikash Verma Christensen Advisory Vverma@christensenir.com Mob: +91 - 96640 09029

Mr. Rohit Anand Christensen Advisory Ranand@christensenir.com Mob: +91 - 98119 41920

Annexure

Brands – Evolving into a dominant retail player

 B a c k

Owned Brands

Brand Presence

India

Global

Brand Presence: SPACES

Licensed Brands

India

Global

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 2,300+ outlets | 240+ shop-in-shops

Brand Presence: WELSPUN

 5,400+ outlets | 100+ cities & 450+ towns

Brands Highlights

SPACES

 No 1 brand in shop-in-shops  Best brand on Myntra in home

Welspun India Limited has informed the Exchange about Investor Presentation

Market Movers