WELSPUNLIVNSE27 April 2023

Welspun India Limited has informed the Exchange about Investor Presentation

Welspun Living Limited

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Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on audited financial results of the Company for the quarter and year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

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

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

23

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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24

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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25

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. 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

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

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

31

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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