Welspun India Limited has informed the Exchange about Investor Presentation
WIL/SEC/2023
April 27, 2023
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and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on audited financial results of the Company for the quarter and year ended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, 2023.
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 FY23 27th April 2023
NSE: WELSPUNIND Bloomberg: WLSI:IN Reuters: WLSP.NS
Inside this Presentation
Executive Summary
Management Commentary
Awards & Recognition
Global Presence
Key Highlights
Quarterly summary
FY23 summary
Operational Highlights
Quarterly Segment Results
Enhancing Capacity
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 24,000+ strong workforce
Welspun India Ltd (WIL), part of $2.3 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
“A relatively higher order flows from retailers and a stellar performance from all our Emerging businesses resulted in a QoQ revenue growth of 15% in Q4FY23. It is heartening to see our Domestic business reaching newer heights with a 31% Growth in FY23. We are fast progressing towards making ‘Har Ghar Welspun’ a reality with our continued focus and investment in Domestic Consumer business as well as in building our global brands. On cost side, we have seen a marked reduction in Cotton prices and ocean freights have levelled to about pre-pandemic levels. Coupled with this, our sharp focus on value engineering and cost rationalisation, resulted in better bottom line, with the highest EBITDA % in last six quarters. With global economy still reeling under the pressure of slowdown and customer sentiments relatively subdued, we believe it might take a couple of quarters for normal demand to come back. We are, however, committed towards our strategy of long term profitable growth and continue to differentiate ourselves through innovation, brands, unparalleled quality and highest standards of service. Welspun has come a long way in terms of sustainability and adapting global ESG trends and practices across its manufacturing facilities. The recent DJSI score of 59, which is 23% higher than our previous score and which places us among the Top 5 percentile of Global Textile companies, is a reflection of our robust ESG frameworks and implementation of policy at the operational level.”
w e l s p u n i n d i a . c o m
Ms. Dipali Goenka Managing Director & CEO , Welspun India Limited
4
AWARDS & RECOGNITION
Feathers in our cap
2022
2022
2022
Brand Welspun wins Prestigious Brand of Asia award (textile) out of 50 brands selected from various domains
Brand SPACES campaign wins ET Ascent Star Industry Award in the ‘best use of social media marketing" category for the Chief Style Officer 3.0 campaign.
SPACES featured in the 3rd edition of Femina Power Brands 2022-23
Read More
2022
WIL has been reckoned as one of the best managed companies 2022 by Deloitte Private
Sustainability 2022
Community Sustainable award for ESG efforts
2022
Welspun India received the Platinum Award in the "Sustainability" category at the “Apex Green Leaf Awards 2022”
Our CEO Ms. Dipali Goenka selected as Most Powerful Women in Business by Business Today and Most Influential Women 2023 by Business World
2022
Welspun Global Brands Ltd Domestic Business has been awarded Excellence in Supply Chain & Logistics in Textiles Category by CII at their SCALE Awards- 2022
Industry Performance 2021/2022
Outstanding performance for Textile category
Highest Exports 2010- 2021
Platinum award for Highest global exports. Winning for 11 years in a row
and many more…
Welspun Super Sport Women continue making us proud! World no. 1 para shuttler Manasi Joshi and to the list of boxer Nikhat Zareen made it prestigious Arjuna awardees.
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 the I co ns t o know mo re
Total Income Q4 ₹21,955 mn grew 15.3% QoQ FY 23 ₹ 82,151
Net Debt stood at ₹ 15,343 mn vs. ₹22,289 mn (FY 22), reduction of 6,946 Mn.
EBITDA Q4 ₹ 3,201 mn Margin @14.6% up by 40% QoQ FY 23 ₹ Margin 8,739 Mn @ 10.6%
Net Debt/Equity is 0.38 Vs. 0.56 (FY 22)
Domestic Consumer Business grew by 31% YTD
Advance Textile Business grew by 43% YTD
Branded Business is ₹ 15,837 Mn , as % of overall revenues has grown from 16% in FY22 to 22% in FY23
Emerging Business grew by 17% QoQ & 24% YoY in Q4 FY 23, contributing 34% of total sales in FY 23 vs.26% in FY 22.
w e l s p u n i n d i a . c o m
7
Quarterly Highlights
Growth (YoY)
Growth (QoQ)
Margin (%)
Revenue
EBITDA
21,955
3,201
(2.3%)
29.9%
15.3%
40.0%
14.6%
PBT
1,733
59.4%
120.7%
7.9%
(₹ Million)
PAT
Cash Profit
1,254
2,481
140.3%
195.9%
5.7%
29.4%
39.5%
Margin Expansion/(Contraction) (Y-o-Y)
361 bps
306 bps
339 bps
Margin Expansion/(Contraction) (Q-o-Q)
257 bps
377 bps
349 bps
EPS/CEPS
1.28
2.51
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8
FY23 Highlights
Revenue
EBITDA
82,151
8,739
PBT
3,019
PAT
Cash Profit
1,988
6,760
(₹ Million)
Growth (YoY)*
Margin (%)
(11.4%)
(33.8%)
10.6%
(60.7%)
(62.0%)
(31.9%)
3.7%
2.4%
Margin Expansion/Contraction (Y-o-Y)
(359 bps)
(943 bps)
(322 bps)
EPS/CEPS
2.02
6.84
*FY22 numbers adjusted for ROSCTL of Q4FY21 of 1.050 Mn
w e l s p u n i n d i a . c o m
9
Quarterly Highlights
Particulars
Net Worth
Short Term Loans
Long Term Loans
of which Net Flooring Debt
Gross Debt
Cash & Cash Equiv.
Net Debt
Net Debt excl. Flooring debt
Total Assets
31-Mar-23
31-Mar-22
31-Dec-22
(₹ Million)
40,878
12,342
11,162
7,878
23,504
8,161
15,343
7,465
86,501
39,717
19,742
12,142
8,300
31,884
9,595
22,289
13,989
94,368
39,416
17,051
11,511
8,967
28,562
9,470
19,092
10,125
89,669
Net Debt / Equity (x) 1.00
0.80
0.60
0.40
0.20
0.00
0.48
0.56
0.38
Q4FY23
Q3FY23
Q4FY22
Note: quarterly chart figures are on TTM basis.
w e l s p u n i n d i a . c o m
10
Revenue Highlights
Revenue
Q4FY23 Sales Contribution (%)
Q3FY23 Sales Contribution (%) Q4FY22 Sales Contribution (%)
Growth QoQ (%)
FY23 Sales Contribution (%) FY22 Sales Contribution (%)
Growth YoY (%)
Note: *Non-Domestic #Includes Innovation Revenue excludes Other Operating Income
w e l s p u n i n d i a . c o m
B2B
Global*
Innovation
Others
Domestic
1,394 7%
1,196 7% 1,123 6%
17%
4,970 7% 4,301 5%
16%
3,934 21%
3,718 23% 4,103 20%
6%
13,235 19% 20,466 25%
(35%)
9,222 48%
7,677 47% 11,832 58%
20%
37,420 52% 45,057 54%
(17%)
24% YoY Growth in Domestic Business
Online
1,088 6%
964 6% 885 4%
13%
3,841 5% 4,182 5%
(8%)
(₹ Million)
Branded#
Global*
Domestic
Offline
Online
Offline
2,353 12%
1,328 8% 1,277 6%
77%
6,942 10% 5,655 7%
23%
17 0%
22 0% 25 0%
1,111 6%
1,435 9% 1,019 5%
(23%)
(23%)
109 0% 179 0%
(39%)
4,945 7% 3,626 4%
36%
16% YoY Growth in Branded business
11
Revenue Highlights
Revenue
Home Textile Business
Q4 FY23 Sales Contribution (%)
Q3 FY23 Sales Contribution (%)
Q4 FY22 Sales Contribution (%)
Growth QoQ (%) FY23 Sales Contribution (%)
FY22 Sales Contribution (%)
Growth YoY (%)
HT - B2B
HT – Branded
HT - E-Comm
12,502 65%
10,683 65%
14,924 74%
17% 47,310 66%
61,890 74%
(24%)
3,138 16%
2,362 14%
2,070 10%
33% 10,643 15%
8,565 10%
24%
1,105 6%
986 6%
910 4%
12% 3,950 6%
4,362 5%
(9%)
Advanced Textiles 838 4%
761 5%
742 4%
10% 3,472 5%
2,671 3%
30%
Note: HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income
w e l s p u n i n d i a . c o m
74% YoY
Growth in Flooring Branded
(₹ Million)
Flooring Business
Flooring – B2B
Flooring – Branded
1,211 6%
1,148 7%
1,392 7%
6% 4,844 7%
5,264 6%
(8%)
326 2%
401 2%
226 1%
(19%) 1,244 2%
716 1%
74%
30% YoY
Growth in Advance Textiles
12
Operational highlights (Quarterly)
Manufacturing Capacity & Utilization
Particulars
UOM
Annual Capacity
Q4FY23
Utilization (%)
MT
90,000
14,948
Bath Linen
Bed Linen
Mn mtrs
Home Textile
Rugs & Carpets Mn sq mtrs
Advanced Textile
Spunlace*
Needle Punch
MT
MT
Wet Wipes
Mn Packs
108
12.0
27,729
3,026
100
14.7
2.1
2,811
264
4.7
66%
54%
70%
41%
35%
19%
Q3FY23
16,279
12.6
1.5
2,564
283
6.0
Utilization (%)
Q4FY22
Utilization (%)
72%
47%
51%
37%
37%
24%
14,360
15.5
1.7
2,010
318
6.5
67%
69%
57%
73%
50%
40%
Flooring
Particulars
UOM
Annual Capacity
Expected Operational
Q4FY23
Utilisation (%)
Q3FY23
Utilisation (%)
Q4FY22
Utilisation (%)
Flooring
Mn sq mtrs
27
18
1.5
34%
1.4
30%
1.5
37%
Additional Capacity of 17,729 MT, commenced effective 12th March 2022
w e l s p u n i n d i a . c o m
13
Operational highlights (FY 23)
Manufacturing Capacity & Utilization
Particulars
Bath Linen
Bed Linen
Home Textile
Rugs & Carpets
Advanced Textile
Spunlace*
Needle Punch
Wet Wipes
UOM
MT
Mn mtrs
Mn sq mtrs
MT
MT
Mn Packs
Annual Capacity
FY23
Utilization (%)
90,000
56,397
108
12.0
27,729
3,026
100
55.2
7.2
10,199
1,109
22
63%
51%
60%
37%
37%
22%
FY22
71,695
83.5
9.2
7,140
1,355
22
Utilization (%)
84%
93%
77%
65%
54%
35%
Flooring
Particulars
UOM
Annual Capacity
Expected
Operational
27 Additional Capacity of 17,729 MT, commenced effective 12th March 2022
Flooring
Mn sq mtrs
18
FY23
5.7
Utilisation (%)
34%
FY22
5.5
Utilisation (%)
34%
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14
Quarterly Profit & Loss
Particulars
Q4 FY23
Q4 FY22
YoY Change
Q3FY23
QoQ Change
FY23
FY22
Total Income
EBITDA
EBITDA Margin (%)
Finance Cost
Depreciation
PBT (after exceptional)
PAT (After Minority Interest)
PAT Margin
Cash Profit^
EPS (₹)
21,955
22,471
(2.3%)
29.9%
361 bps
26.6%
1.9%
2,464
11.0%
263
1,115
1,087
59.4%
522
2.3%
1,918
0.53
140.3%
339 bps
29.4%
142.4%
3,201
14.6%
333
1,135
1,733
1,254
5.7%
2,481
1.28
19,041
15.3%
2,286
40.00%
12.0%
257 bps
359
1,142
785
424
2.2%
1,778
0.43
(7.4%)
(0.6%)
120.7%
195.9%
349 bps
39.5%
197.7%
82,151
8,739
10.6%
1,299
4,421
3,019
1,988
2.4%
6,760
2.02
Note: 1. 2.
^Cash Profit = PBDT (before exceptionals) less Current Tax FY22 numbers adjusted for ROSCTL of Q4FY21 of 1.050 Mn
w e l s p u n i n d i a . c o m
(₹ Million)
YoY* Change
(11.4%)
(33.8%)
93,773
14,246
15.2%
(359 bps)
1,313
(1.0%)
4,205
5.2%
8,728
(60.7%)
6,012
(62.0%)
6.4%
(322 bps)
10,703
(31.9%)
6.06
(61.8%)
15
Quarterly Segment Results
Particulars
Q4 FY23 Q4 FY22
YoY Change
Q3 FY23
QoQ Change
FY23
FY22
Home Textile
Revenue
EBITDA
20,171
20,730
(2.7%)
17,575
14.8% 76,381
87,911
(12.1%)
2,930
2,404
21.9% 2,062
42.1%
7,984
14,111
(38.9%)
(₹ Million)
YoY* Change
Revenue Segmentation (%)
Q4 FY23
EBITDA Margin (%)
14.5%
11.6% 293 bps
11.7% 279 bps
10.5% 16.1% (458 bps)
Flooring
Revenue
EBITDA
2,083
1,892
10.07% 1,684
23.7%
7,057
87
(29)
-
31
184.7%
181
6,611
(143)
6.7%
-
EBITDA Margin (%)
4.2% (1.5%)
570 bps
1.8% 237 bps
2.6% (2.2%)
474 bps
90.6%
9.4%
FY23
*FY22 numbers adjusted for ROSCTL of Q4FY1 of 1.050 Mn
w e l s p u n i n d i a . c o m
Legend
91.5%
8.5%
Home Textile
Flooring
16
Enhancing capacity
Towels
80,000 MT
85,400MT
Capacity in FY21
Capacity in FY22
90,000MT
Starting Q2FY23
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 TEXTILES: Capacity expansions at Vapi and Anjar
operationalized in H1FY23
ADVANCED TEXTILES: Spunlace expansion commercialized
in Q4FY22
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 YoY* %
EBITDA
EBITDA Margin
Depreciation
Finance cost
PBT (Before exceptional)
Exceptional Items
PAT (After Minority Interest)
Cash Profit^
EPS (₹)
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
FY22
93,773
26.6%
14,246
15.2%
4,205
1,313
8,728
-
6,012
10,703
6.06
Note: *FY22 numbers adjusted for ROSCTL of Q4FY21 of Rs.1,050 Mn ^ Cash Profit = PBDT (before exceptionals) less Current Tax
w e l s p u n i n d i a . c o m
(₹ Million)
FY 23
82,151
(11.4%)
8,739
10.6%
4,421
1,299
3,019
-
1,988
6,760
2.02
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
31-Mar-23
(₹ 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
Net Debt of Core business reduced by 75% in last 5 Years (FY18 to FY23)
Note: *Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents
w e l s p u n i n d i a . c o m
40,878
12,342
11,162
7,878
23,504
8,161
15,343
7,465
72,389
37,777
23,135
86,501
20
Ratios Summary
Solvency ratios
Operational 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
Return ratios
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 Return Ratios figures adjusted for Exceptional item
Total asset turnover = Sales/ (Fixed assets + Gross current assets)
w e l s p u n i n d i a . c o m
FY22
FY23
0.56
1.56
7.65
1.37
2.33
0.99
78
39
36
80
15.8%
13.4%
0.38
1.76
3.32
1.66
2.14
0.94
89
43
39
93
4.9%
5.7%
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
w e l s p u n i n d i a . c o m
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
Replaced coal with Biomass for power generation and avoided over 12,000 tons of GHG emissions
Entered into long term PPA with CleanMax for renewable hybrid power Supply at Vapi. Enrolled with Sedex for a transparent supply chain
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 16,547 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
Among Top 100 Sustainable companies in
India by ET-Futurescape
Welspun India’s Sustainability case study is now a part of a curriculum across universities in US, Canada, France, Europe and Taiwan.”
Welspun India is amongst the top 5% textile companies
globally as per DJSI for 2022 , score improved from 48 to 59
Journey Till Date (Q4FY23)– Environmental Impact
Sustainalytics
DJSI ratings
Crisil ratings
Score improved from 17.9 to 14.4 (May’22)
Score improved from 48 to 59 (Apr’23)
Score 63 – Strong (May’22)
1,60,602 acres
675 million
68,867 GJ Energy
90%
891 tons
Landbank of sustainable cotton farming
Liters of recycled water used in process this quarter
Saved through energy conservation this quarter
Of cotton used from sustainable sources this quarter
Recycled cotton reused in process this quarter
Journey Till Date – Social Impact
Students reached ~100K FY22-23 Target: ~83K
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Livelihood Impact –
Total benefited 2053
To reduce road accidents on
WEL constructed road
Health Impact – Total beneficiaries ~166 K
Beneficiaries ~ 75 K Target ~60K
Welspun Super Sport Women
32 athletes supported Medals: 166
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Sustainability – Progress against Targets
Aspects
Q4FY 23 Goal 2025
Goal 2030
Carbon Neutral (measured as % RE)
WIP
20% RE
100% RE
100% Sustainable Cotton
90%
50%
100%
Fresh Water Positive in Production operations
15.08 KL/MT
5 KL/MT
0 KL/MT
Zero hazardous waste to Landfill (ETP chemical sludge)
15.68 MT
0 MT
0 MT
Impacting 1 million lives in CSV (YTD)
4,98,317 5,00,000
1,000,000
Farmers in Welspun sustainable farming project (YTD)
16,547
20,000
50,000
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Share Holding Summary
Shareholding Pattern (Mar 2023)
Promoter Group
70.4%
FPIs
Mutual Funds/AIF
Insurance Co’s
Public
Other
5.8%
2.0%
3.7%
17.1%
1.0%
Top Institutional Shareholders
LIC of India
HSBC Mutual Fund
Aditya Birla Sunlife MF
Nippon Mutual Fund
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. Salil Bawa Group Head – Investor Relations Salil_bawa@welspun.com
welspunindia.com
TheWelspunGroup
welspungroup
Annexure
Owned Brands – Domestic
Diversified Product Portfolio
Brand Positioning
Premium Thoughtfulness
Presence
Mass
2,400+ outlets 380 towns 240 Shop in Shop locations
11,170+ outlets (4500+ FY 23) 500+ towns 125 Distributors
Early Success
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
BED LINEN
B e d s h e e t s
C o m f o r t e r s
D o h a r s P i l l o w c o v e r s
BATH LINEN
T o w e l s
B a t h m a t s
B a t h r o b e s
RUGS
FLOORING SOLUTIONS
D o o r m a t s
Y o g a m a t s
B e d s i d e r u n n e r
G r a s s m a t s
C l i c k & L o c k t i l e s
C a r p e t T i l e s
W 2 W c a r p e t s
G r e e n s
CURTAINS & UPHOLSTERY
MATTRESSES
C u s h i o n c o v e r
C u r t a i n s
B l i n d s
W a l l p a p e r
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Note: * As per 3rd party research
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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
36 Patented Technologies
Filed globally
Key Innovations
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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WI NNER 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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