WELSPUNLIVNSE10 May 2022

Welspun India Limited has informed the Exchange about Investor Presentation

Welspun Living Limited

WIL/SEC/2022

May 10, 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and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on audited financial results of the Company for the quarter and year ended March 31, 2022.

Please take the same on record.

Thank you,

For Welspun India Limited

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

Enclosed: Earnings 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

Q4 FY22 10th May 2022

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

Inside this Presentation

Executive Summary

Management Commentary

Awards & Recognition

Global Presence

Key Highlights

FY22 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

03

04

05

06

07

08

09

13

16

17

19

20

22

25

28

Welspun India - Global Home Textiles Leader

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

w e l s p u n i n d i a . c o m

Thought leader

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

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 its strategy based on Branding, Innovation and Sustainability.

3

Management Commentary

I am pleased to share that in these challenging times, Welspun India Limited delivered a stellar 26.6% growth in revenues with strong performance demonstrated by all businesses. Our Home Textile Business became a US$1 bn revenue, Domestic business grew by over 60% in a challenging consumption environment and Flooring business more than doubled in FY22. While there are near term concerns around significant inflationary pressures, commodity price increases and slowing market growth, we are confident of sound margin profile in the medium to long term driven by sustained momentum in our brands, emerging businesses, B2C and D2C channels including retail and e-commerce.

Innovation and sustainability are core to our operations. On the ESG front, Welspun continues to set benchmarks for the industry through focused execution and results-oriented efforts, with several significant outcomes already achieved. We stay committed to upholding highest standards in ethical business practices and driving sustainable and profitable business growth in the medium to long term.

w e l s p u n i n d i a . c o m

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

4

Awards & Recognition – Testimony of Excellence

Best Community Sustainable award

2022

Nitori Product Development Award 2022

Platinum trophy for highest global exports 2022

National Water Award

2022

Ministry of Jal Shakti

Sustainability & CSR 2021

Amongst Top 100 Companies in India

Innovation Award 2021

Clarivate South and South East Asia Innovation Award 2021

Dow Jones Sustainability Index (DJSI)

DJSI rates Welspun with a rating of 48

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Global Textile Company of the Year 2021

US FDA 2021 1st Indian firm to get US FDA nod for 3 ply surgical masks

and many more…

Feathers in our cap

Read More

Dipali Goenka: Most Influential Women Featured in Business world

W a t c h v id e o

Read More

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

5

Strong Global Presence

Key Customer Partnership

North America

UK & Europe

India

Over50

Countries Presence

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ROW

6

Key Highlights

Brands

E-Commerce

Innovation

Click t he I co ns to kno w mo re

Total Income Q4 → up 3.4% YoY at ₹ 22,471 mn FY22 → up 26.6% YoY at ₹ 93,773 mn

EBITDA Q4 → Stood at ₹ 2,464 mn FY22 → ₹ 14,246 mn up by 0.3% YoY Textile Business EBITDA at ₹ 2,404 mn in Q4FY22 and ₹ 14,111 mn in FY22

Branded business at ₹13,643 mn in FY22, grew by 40.3% YoY

Innovation business up by 5.9% YoY and stood at ₹ 20,466 mn in FY22

Flooring Business grew by 107.4%YoY in FY22 to reach ₹ 6,611 mn

Net Debt stood at ₹ 22,289 mn vs. ₹ 23,327 mn (March 2021)

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7

Annual Highlights

Revenue

EBITDA

PBT

PAT

Cash Profit

93,773 14,246 8,728 6,012 10,703

(₹ Million)

Growth (YoY)

Margin (%)

26.6%

0.3%

15.2%

13.6%

9.3%

11.4%

6.4%

5.0%

Margin Expansion/Contraction (y-o-y)

(397 Bps)

(107 Bps)

(87 Bps)

EPS/CEPS

6.06

10.83

Note: 1. Prior period figures are restated wherever necessary

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8

Quarterly Highlights

Q4FY22

Growth (YoY)

Growth (QoQ)

Margin (%) (y-o-y)

(₹ Million)

Revenue

EBITDA

PBT

PAT

Cash Profit

22,471 2,464 1,087

522

1,918

3.4%

(31.2%)

(39.5%)

(59.9%)

(11.0%)

(7.8%)

(25.4%)

(34.9%)

(60.6%)

(30.0%)

11.0%

4.8%

2.3%

Margin Expansion/Contraction (y-o-y)

(551 Bps)

(343 Bps)

(366 Bps)

EPS/CEPS

0.53

1.94

Note: 1. Prior period figures are restated wherever necessary

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9

Quarterly Highlights

(₹ Million)

Particulars

31-Mar-22

31-Dec-21

31-Mar-21

Net Worth

39,717

39,371

36,447

Short Term Loans

19,742

20,449

17,452

Long Term Loans

12,142

12,130

10,962

of which Net Flooring Debt

8,300

8,088

6,959

Gross Debt

31,884

32,580

28,414

Cash & Cash Equiv.

9,595

7,160

5,087

Net Debt

22,289

25,420

23,327

Net Debt excl. Flooring debt

13,989

17,333

16,368

ROE (In %)

20.0

ROCE (In %)

20

15.0

10.0

5.0

0.0

1 5 . 8

1 7 2

.

1 6 3

.

15

10

5

0

1 3 . 4

1 5 7

.

1 3 8

.

Q4FY22

Q3FY22

Q4FY21

Q4FY22

Q3FY22

Q4FY21

Net Debt / Equity (x) 1.00

Net Debt / EBITDA (x) 1.80

0.80

0.60

0.40

0.20

0.00

0 . 5 6

.

0 6 5

.

0 6 4

1.60

1.40

1.20

1.00

1 . 5 6

1 . 6 2

1 . 6 4

Total Assets

94,368

96,095

86,778

Q4FY22

Q3FY22

Q4FY21

Q4FY22

Q3FY22

Q4FY21

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10

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

Revenue Highlights

Revenue

Q4FY22 Sales Contribution (%)

Q3FY22 Sales Contribution (%) Q4FY21 Sales Contribution (%)

Growth YoY (%)

FY22 Sales Contribution (%) FY21 Sales Contribution (%)

Growth YoY (%)

B2B

Global*

Innovation

Others

4,103 20%

5,102 23% 6,106 31%

-33%

20,466 25% 19,287 29%

6%

11,832 58%

11,805 54% 9,640 48%

23%

45,057 54% 33,372 51%

35%

(₹ Million)

Branded#

Domestic

Global*

Domestic

Online

Offline

Online

Offline

1,123 6%

1,092 5% 995 5%

13%

4,301 5% 3,612 5%

19%

885 4%

986 5% 811 4%

9%

4,182 5% 3,741 6%

12%

1,277 6%

1,554 7% 1,602 8%

-20%

5,655 7% 3,500 5%

58%

25 0%

56 0% 23 0%

9%

179 0% 176 0%

20%

1,019 5%

1,282 6% 811 4%

26%

3,626 4% 2,253 3%

61%

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

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35% YoY Growth in Domestic Business

40% YoY

26% YoY

Growth in Branded business

Growth in Global Business

11

Revenue Highlights

Revenue

Home Textile Business

Q4FY22 Sales Contribution (%)

Q3FY22 Sales Contribution (%)

Q4FY21 Sales Contribution (%)

Growth YoY (%) FY22 Sales Contribution (%)

FY21 Sales Contribution (%)

Growth YoY (%)

HT - B2B

HT – Branded

HT - E-Comm

14,924 74%

15,814 72%

14,993 75%

0% 61,890 74%

51,003 77%

21%

2,070 10%

2,619 12%

2,217 11%

-7% 8,565 10%

5,138 8%

64%

910 4%

1,042 5%

834 4%

9% 4,362 5%

3,918 6%

12%

Advanced Textiles 742 4%

630 3%

806 4%

-8% 2,671 3%

2,850 4%

-7%

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

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23% YoY

Growth in Textile business

(₹ Million)

Flooring Business

Flooring – B2B

Flooring – Branded

1,392 7%

1,555 7%

942 5%

48% 5,264 6%

2,418 4%

118%

226 1%

217 1%

196 1%

15% 716 1%

615 1%

16%

107% YoY

Growth in Flooring Business

12

Operational highlights (Quarterly)

Manufacturing Capacity & Utilization

Particulars

UOM

Annual Capacity

Q4FY22

Utilization (%)

MT

85,400

14,360

Bath Linen

Bed Linen

Mn mtrs

Home Textile

Rugs & Carpets Mn sq mtrs

Advanced Textile

Spunlace*

Needle Punch

MT

MT

Wet Wipes

Mn Packs

90

12.0

27,729

3,026

100

15.5

1.7

2,010

318

6.5

67%

69%

57%

93%

50%

40%

Q3FY22

18,387

22.3

2.1

1,576

326

5.0

Utilization (%)

Q4FY21

Utilization (%)

88%

99%

70%

80%

53%

34%

19,951

20.2

2.6

2,450

426

4.2

100%

90%

105%

99%

50%

21%

Flooring

Particulars

UOM

Annual Capacity

Expected Operational

Q4FY22

Utilisation (%)

Q3FY22

Utilisation (%)

Q4FY21

Utilisation (%)

Flooring

Mn sq mtrs

27

18

1.5

37%

1.7

38%

1.2

49%

*Additional Capacity of 17,729 MT, commenced effective 12th March 2022

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13

Operational highlights (Annual)

Manufacturing Capacity & Utilization

Particulars

Bath Linen

Bed Linen

UOM

MT

Mn mtrs

Home Textile

Rugs & Carpets

Mn sq mtrs

Advanced Textile

Spunlace*

Needle Punch

Wet Wipes

MT

MT

Mn Packs

Annual Capacity

FY22

Utilization (%)

85,400

71,695

90

12

27,729

3,026

100

77.8

9.2

7,140

1,355

22

84%

86%

77%

85%

54%

35%

FY21

70,406

69.2

8.2

9,152

1,176

23.1

Utilization (%)

88%

77%

82%

92%

34%

28%

Flooring

Particulars

UOM

Annual Capacity

Expected

Operational

Flooring

Mn sq mtrs

27

18

FY22

5.5

Utilisation (%)

FY21

Utilization (%)

34%

2.4

22%

*Additional Capacity of 17,729 MT, commenced effective 12th March 2022

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14

Quarterly Profit & Loss

Particulars

Q4 FY22

Q4 FY21

YoY Change

Q3FY22

QoQ Change

FY22

FY21

Total Income

EBITDA

EBITDA Margin (%)

Finance Cost

Depreciation

PBT (after exceptional)

PAT (After Minority Interest)

PAT Margin

Cash Profit^

EPS (₹)

22,471

2,464

11.0%

263

1,115

1,087

522

2.3%

1,918

0.53

21,736

3,582

3.4%

24,379

(7.8%)

(31.2%)

3,305

(25.4%)

16.5%

(551 bps)

13.6% (259 bps)

642

1,143

1,797

1,301

6.0%

2,154

1.30

(59.1%)

(2.5%)

(39.5%)

(59.9%)

(366 bps)

(11.0%)

(59.2%)

208

1,067

1,671

1,324

5.4%

2,739

26.3%

4.5%

(34.9%)

(60.6%)

(311 bps)

(30.0%)

1.34

(60.6%)

93,773

14,246

15.2%

1,313

4,205

8,728

6,012

6.4%

10,703

6.06

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

w e l s p u n i n d i a . c o m

(₹ Million)

YoY Change

26.6%

0.3%

74,080

14,198

19.2%

(397 bps)

1,975

4,536

7,686

5,397

7.3%

10,197

5.37

(33.5%)

(7.3%)

13.6%

11.4%

(87 bps)

5.0%

12.8%

15

Quarterly Segment Results

Particulars

Q4 FY22 Q4 FY21

YoY Change

Q3 FY22

QoQ Change*

FY22

FY21

Home Textile

Revenue

EBITDA

20,730

20,523

1.0% 22,508

(7.9%)

87,911

71,283

23.3%

2,404

3,687

(34.8%)

3,126

(23.1%)

14,111

14,863

(5.1%)

(₹ Million)

YoY Change

Revenue Segmentation (%)

Q4 FY22

EBITDA Margin (%)

11.6%

18.0% (637 bps)

13.9% (229 bps)

16.1%

20.9% (480 bps)

91.6%

8.4%

Flooring

Revenue

EBITDA

1,892

(29)

EBITDA Margin (%)

(1.5%)

(15.9%)

Note: 1.

Prior period figures are restated wherever necessary

1,185

59.7%

1,909

(0.9%)

(189)

-

-

103

5.4%

-

-

6,611

(143)

(996)

(2.2%)

(31.3%)

Legend

3,187

107.4%

FY22

-

-

93.0%

7.0%

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Home Textile

Flooring

16

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

Capacity in FY22

90,000MT

Starting Q1FY23

Bed Linen

90 Mn. Meters

90 Mn. Meters

Capacity in FY21

Capacity in FY22

108 Mn. Meters

Starting Q1FY23

Rugs & Carpets

10 Mn. Sq. Meters

12 Mn. Sq. Meters

Capacity in FY21

Capacity in FY22

18 Mn. Sq. Meters

Starting Q1FY24

HOME TEXTILE:  Capacity expansion at Vapi and Anjar

operationalized in Q1FY23

ADVANCED TEXTILE:  Spunlace expansion commercialized

in Q4FY22

FLOORING:

The planned capacity installation to be completed by Q2FY23

w e l s p u n i n d i a . c o m

17

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

18

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)

FY22

93,773

26.6%

14,246

15.2%

4,205

1,313

8,728

-

6,012

10,703

6.06

19

Balance Sheet Summary

Particulars

Net Worth

Short Term Loans

Long Term Loans

of which Net 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-Mar-22

(₹ Million)

26,057

12,580

20,228

-

32,807

2,538

30,269

30,269

62,962

33,641

23,734

72,249

27,793

14,080

19,024

2,797

33,104

2,821

30,283

27,486

65,456

36,154

22,210

77,423

29,721

17,717

16,704

6,526

34,421

4,803

29,618

23,092

68,825

38,105

21,828

83,103

36,447

17,452

10,962

6,959

28,414

5,087

23,327

16,368

71,305

38,042

24,536

86,778

39,717

19,742

12,142

8,300

31,884

9,595

22,289

13,989

79,053

39,881

24,839

94,368

20

Net Debt of Core business reduced by 49.1% in last 4 Years (FY 19 to FY22)

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

79

56

39

96

15.4%

11.3%

FY19

1.09

2.64

4.46

1.25

1.81

0.84

75

60

39

95

15.2%

10.9%

FY20

1.00

2.26

4.66

1.19

1.77

0.81

83

59

49

93

16.1%

12.3%

FY21

0.64

1.64

4.89

1.33

1.93

0.85

88

59

54

93

16.3%

13.8%

Improving Key Ratios, Continuous Reduction in Net Debt

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

w e l s p u n i n d i a . c o m

FY22

0.56

1.56

7.65

1.37

2.33

0.99

78

39

36

80

15.8%

13.4%

21

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

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

Water Story

Sustainable Cotton Story

Governance  Board Committee on ESG  Executive remuneration linked to

ESG goals

 Initiated a broad Enterprise Risk

Management framework

 ACCESS module in SAP to enable

access of relevant data to authorized users

 Launched ESG Compass- an

integrated ESG digital platform with automated data dashboards covering over 90 indicators and extending to all sites, locations and subsidiaries in India

 Robust Ethics framework in place  Compliance management tool in

place

 Innovation & intellectual property oriented culture reflected in 35 patents filled globally

Governance Framework

22

Sustainability Initiatives – Growing business responsibly (1/2)

Rated “Low Risk” on ESG factors by one of the top ESG rating agency

Among Top 100 Sustainable companies in India by ET-Futurescape

Sustainalytics

MSCI ESG Leaders Index

Tesco Sustainability & Community Award for exceptional focus on community initiatives and outstanding ethical performance

ESG 2020

Score improved to 14.8 from 17.9 (Mar’21)

Score improved to 8 from 48 (Nov’21)

Journey Till Date – Environmental Impact

164,730+ acres

Landbank of sustainable cotton farming

4,083 million Liters of recycled water used in process in FY’21-22

254,482 GJEnergy

45%

Saved through energy conservation in FY’21-22

Of cotton used from sustainable sources in FY’21-22

11,445tons Recycled cotton reused in process FY’21-22

Journey Till Date – Social Impact

 Students reached ~89K

Health Impact –  Total beneficiaries ~51K

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Welspun Super Sport Women

 31 athletes supported across India  Medals: 100

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Sustainability – Progress against Targets

Aspects

FY21-22

Goal 2025

Goal 2030

Carbon Neutral (measured as % RE)

WIP

20% RE

100% RE

100% Sustainable Cotton

45%

50%

100%

Fresh Water Positive in Production operations

11 KL/MT

5 KL/MT

0 KL/MT

Zero hazardous waste to Landfill (ETP chemical sludge)

42.5 MT

0 MT

0 MT

Impacting 1 million lives in CSV

1,95,375

5,00,000

1,000,000

Farmers in Welspun sustainable farming project (cumulative)

16,400

20,000

50,000

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Share Holding Summary

Shareholding Pattern (Mar 2022)

Promoter Group

FPIs

Mutual Funds/AIF

Insurance Co’s

Public

70.4%

8.5%

2.3%

2.9%

15.9%

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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26

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

Annexure

Owned Brands - Domestic

Festive Collection: Rangana Campaign

Launch of Healthy Life Campaign: Anti Viral

Brand Positioning

 Premium  Thoughtfulness

Presence

 2,402+ outlets  380 towns

Early Success

 Mass

 6,642+ outlets  482+ towns

 Leading brand on Myntra in

 #1 distributed Brand of HT

home category

 Improved brand awareness  Foray in mattress category with Yours’n’mine range

in Home Linen in the country*

 Significant improvement in

brand awareness

Click here to view

Click here to view

Regional Festive Campaign : Chalo Paltai

‘Welspun’ Campaign: Dono Taraf Khushiyan

Click here to view

Click here to view

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Note: * As per 3rd party research

29

E-Commerce – Multipronged strategy to drive growth

3

Geographies in focus

US

UK

India

Notes: • PIM –Product Information Management • GC3 –Global Command & Control Centre • COE –Center of Excellence

Ecommerce Channel Growth

Build & Grow Branded Business

Robust Supply Chain

Strong Technology Back-end

Brand.com Marketplaces Retailer.com

Own Brand License Brand

Inventory Planning Network Design

Tech-Stack: Middleware PIM Analytics – GC3

Right Organization

COE Org Model Capability

Value

Earth Friendly

Health & Wellness

Fashion

Luxury

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Innovation – Our strong suite

35 Patented Technologies

Key Innovations

Filed globally

WIL: 31

Advance Textiles: 2

Flooring: 2

WI NNE R 2 n d time in a row

C L A R I VA T E S O U T H A N D S O U T H E A S T A S I A I N N O V A T I O N A W A R D 2 0 2 1

Welspun India has been recently recognized as the most 'Influential Innovators' at the Clarivate South and South East Asia Innovation Award 2021

Global Collaborations with Top Universities, Technology Partners and Industry Associations

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HYGROCOTTON

Patented spinning technology makes towel softer loftier and sheet temperature regulating

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

Softer

Fluffier after wash

Temperature regulating

Building Trust

Digital Verification

Enhancing Transparency

Other Innovations

ORGANIC

 Wrinkle resist properties

NANOCORE

 Prevent Allergy & Asthma  Chemical-free

DRYLON

 Ultra soft  Dries super fast

CHARCOAL

 Odor-control  Hygienic & Detoxifying

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