Welspun India Limited has informed the Exchange about Investor Presentation
WIL/SEC/2023
July 31, 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and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on Unaudited financial results of the Company for the quarter ended June 30, 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 Welspun India Limited
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
Q1 FY24 31st July 2023
NSE/BSE: WELSPUNIND Bloomberg: WLSI:IN Reuters: WLSP.NS
Inside this Presentation
Executive Summary
Management Commentary
Awards & Recognition
Global Presence
Key Highlights
Quarterly summary
Operational Highlights
Quarterly Segment Results
Profit & Loss Summary
Financial Statements Summary
ESG at Welspun
Share Holding Summary
Annexures
03
04
05
06
07
08
12
14
16
17
19
22
25
2
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
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.
Strong Emerging Businesses: Flooring Solutions
disrupting the world of flooring
Advanced Textiles dealing with innovative product applications
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
WIL is differentiated by its strategy based on Branding, Innovation and Sustainability.
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Management Commentary
“ I am very delighted to share that the Company has achieved highest EBITDA% in last seven quarters, clocking 15.4% in Q1, nearly doubling and up by 97% YoY. With the relatively increased order inflows from big box retailers with de-stocking being over at their end we have recorded revenue growth of 12% for Q1 FY 24. Similarly all our emerging business are also on a growth path with Flooring business growing by 33%.
Our Domestic consumer brand Welspun continued to be the most widely distributed Home Textile brand in the country with presence in 500+ towns and 13,265+ outlets (up by 2092 in Q1), a reach not hitherto achieved by any home textile player in India.
Welspun has remained at the forefront in its ESG practices with world and industry leading metrices. Welspun India’s endeavour to keep ESG at the core of all operations has improved its “Sustainalytics” rating to 11.3. The rating elevated WIL into TOP 10 of the 202 participating companies worldwide in the “Sustainalytics” rating.
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Ms. Dipali Goenka Managing Director & CEO , Welspun India Limited
4
AWARDS & RECOGNITION
WIL as the 'Most Preferred Workplace of 2023-24' by Team Marksmen Network
Golden Peacock Eco Innovation award, 2023 for Welspun Flooring Ltd
Excellent Supplier Award, 2023: Excellence in Product Development by Nitori
Feathers in our cap
Ms. Dipali Goenka Chaired advisory board of the 10th edition of The Economic Times SCM & Logistics Summit, 2023
Welspun Indian Tops Home Textile Manufactures in Sustainalytics Rating
Domestic - Business Excellence 2023 Award by Outlook Business
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.
WIL has been reckoned as one of the best managed companies 2022 by Deloitte
Welspun India received the Platinum Award in the "Sustainability" category at the “Apex Green Leaf Awards 2022”
Platinum award for Highest global exports. Winning for 11 years in a row
Highest Exports 2010- 2021
Welspun Indian’s endeavour to keep ESG at the core of all operations has improved its sustainability rating to 11.3. The rating elevated WIL into TOP 10 of the 202 participating companies worldwide in the Sustainalytics rating.
and many more…
5
STRONG GLOBAL PRESENCE
KEY CUSTOMER PARTNERSHIP
North America
UK & Europe
India
Over50
Countries Presence
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ROW
6
KEY HIGHLIGHTS
Brands
ESG
Innovation
C lick the Ico ns to k no w m o re
Total Income in Q1 FY 24 is ₹ 22,149 mn grew
11.9% YoY
EBITDA in Q1 FY 24 ₹ 3,415 mn @ 15.4%
margin grew 96.7% YoY
Flooring Business grew by 33% YoY in Q1 FY 24 to reach Highest ever Revenue of ₹ 2,251 Mn
EBITDA of Flooring Business in Q1 FY 24 is
₹ 183 Mn @ 8.1% margin
Advance Textile Business grew by 11% YoY
Net Debt stood at ₹ 18,153 mn vs. ₹15,343
(March 2023)
Innovation Sales grew by more than 100%
YoY
BuyBack of ₹ 2,400 mn (incl. Tax Exp.)
completed during the Q1 Fy24.
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QUARTERLY HIGHLIGHTS
Growth (YoY)
Growth (QoQ)
Margin (%)
Margin Expansion (Y-o-Y)
Margin Expansion (Q-o-Q)
EPS/CEPS
(₹ Million)
Revenue
EBITDA
22,149
3,415
PBT
2,162
PAT
Cash Profit
1,616
2,522
11.9%
96.7%
495.5%
621.6%
0.9%
6.7%
15.4%
24.8%
9.8%
28.9%
7.3%
91.5%
1.7%
665 bps
793 bps
616 bps
84 bps
187 bps
158 bps
1.66
2.60
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QUARTERLY HIGHLIGHTS
Particulars
Net Worth
Short Term Loans
Long Term Loans
Gross Debt
Cash & Cash Equiv.
Net Debt
of which Net Flooring Debt
Net Debt excl. Flooring debt
Total Assets
30-June-23
31-Mar-23
30-June-22
(₹ Million)
40,302
13,803
10,469
24,272
6,119
18,153
8,160
9,993
88,698
40,878
12,342
11,162
23,504
8,161
15,343
7,878
7,465
86,501
39,666
17,264
12,163
29,426
8,035
21,392
8,358
13,034
91,929
Net Debt / Equity (x)
1.00
0.80
0.60
0.40
0.20
0.00
.
0 4 5
.
0 3 8
.
0 5 4
Q1FY24
Q4FY23
Q1FY23
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Sales Highlights – Channel wise
Revenue
Q1 FY24 Sales Contribution (%) Q4 FY23 Sales Contribution (%) Q1 FY23 Sales Contribution (%)
Growth YoY (%)
B2B
Global*
Innovation
Others
5,653 29% 3,934 21% 2,398 14%
136%
8,832 46% 9,222 48% 9,689 56%
(9%)
(₹ Million)
Branded#
Domestic
1,464 8% 1,394 7% 1,131 6%
29%
Global*
Domestic
Online
Offline
Online
Offline
775 4% 1,088 6% 811 5%
1,594 8% 2,353 12% 2,290 13%
34 0% 17 0% 28 0%
(4%)
(30%)
22%
1,037 5% 1,111 6% 1,086 6%
(5%)
Note: *Non-Domestic #Includes Innovation Revenue excludes Other Operating Income
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136 % YoY Growth in innovation Business
11% YoY Growth in Global business
10
Sales Highlights – Business wise
Revenue
Home Textile Business
(₹ Million)
Flooring Business
HT - B2B
HT – Branded
HT - E-Com
Advanced Textiles
Flooring – B2B
Flooring – Branded
Q1 FY24 Sales Contribution (%) Q4 FY23 Sales Contribution (%)
Q1 FY23 Sales Contribution (%) Growth YoY (%)
13,370 69% 12,502 65%
10,967 63%
22%
2,350 12% 3,138 16%
3,156 18%
(26%)
810 4% 1,105 6%
838 5%
(3%)
937 5% 838 4%
898 5%
4%
1,642 8% 1,211 6%
1,353 8%
21%
281 1% 326 2%
219 1%
28%
Note: HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income
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22% YoY
Growth in Flooring Business
10% YoY
Growth in Home Textiles
11
Operational highlights
Manufacturing Capacity & Utilization
Particulars
UOM
Annual Capacity
Q1FY24
Utilization (%)
MT
90,000
18,181
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
15.4
2.7
27,729
3,509
3,026
100
305
7.2
81%
57%
90%
51%
40%
29%
Q4FY23
14,948
14.7
2.1
2,811
264
4.7
Utilization (%)
66%
54%
70%
41%
35%
19%
Q1FY23
11,632
14.0
1.8
2,386
246
5.0
Utilization (%)
54%
52%
60%
34%
32%
20%
Flooring
Particulars
UOM
Annual Capacity
Installed
Effective
Q1FY24
Utilisation (%)
Q4FY23
Utilisation (%)
Q1FY23
Utilisation (%)
Flooring Mn sq mtrs
27
18
2.3
50%
1.5
34%
1.5
34%
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Quarterly Profit & Loss
Particulars
Total Income
EBITDA
EBITDA Margin (%)
Finance Cost
Depreciation
PBT
PAT (After Minority Interest)
PAT Margin
Cash Profit^
EPS (₹) (Not Annualised)
(₹ Million)
Q1 FY24
Q1 FY23
YoY Change
Q4FY23
QoQ Change
22,149 19,790
3,415
15.4%
258
994
2,162
1,616
7.30%
2,522
1.66
1,736
8.8%
323
1,049
363
224
1.1%
1,317
0.23
11.9%
96.7%
665 bps
(20.0%)
(5.3%)
495.5%
621.6%
616 bps
91.5%
632.4%
21,955
3,201
14.6%
333
1,135
1,733
1,254
5.7%
2,481
1.28
0.9%
6.7%
84 bps
(22.4%)
(12.4%)
24.8%
28.9%
158 bps
1.7%
29.7%
Note: 1. ^Cash Profit = PBDT less Current Tax
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Quarterly Segment Results
Particulars
Q1 FY24
Q1 FY23
YoY Change
Q4 FY23
QoQ Change
(₹ Million)
Revenue Segmentation (%)
Q1 FY24
Home Textile
Revenue
EBITDA
EBITDA Margin (%)
Flooring
Revenue
EBITDA
EBITDA Margin (%)
20,376
3,123
15.3%
2,251
183
8.1%
18,521
10.0%
1,716
82.0%
9.3% 606 bps
20,171
2,930
14.5%
1,694
32.9%
2,083
21
766.8%
87
1.0%
6.6%
80 bps
8.1%
109.3%
90%
10%
Legend
Home Textile
1.2% 688 bps
4.2%
393 bps
Flooring
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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
15
Profit & Loss Summary
Particulars
Total Income
Growth YoY* %
EBITDA
EBITDA Margin
Depreciation
Finance cost
PBT
PAT (After Minority Interest)
Cash Profit^
EPS (₹) (Not Annualised)
FY20
68,362
3.4%
13,098
19.2%
4,811
1,777
6,944
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: * FY 22 numbers adjusted for ROSCTL of Q4 FY 21 of Rs.1050 Mn ^ Cash Profit = PBDT less Current Tax
(₹ Million)
FY 23
Q1 FY 24
82,151
(11.4%)
8,739
10.6%
4,421
1,299
3,019
1,988
6,760
2.02
22,149
11.9%
3,415
15.4%
994
258
2,162
1,616
2,522
1.66
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31-Mar-20
31-Mar-21
31-Mar-22
31-Mar-23
30-June-23
(₹ Million)
Balance Sheet Summary
Particulars
Net Worth
Short Term Loans
Long Term Loans
Gross Debt
Cash & Cash Equiv.
Net Debt
29,721
17,717
16,704
34,421
4,803
29,618
36,447
17,452
10,962
28,414
5,087
23,327
of which Net Flooring Debt
6,526
6,959
Net Debt excluding Flooring debt
Capital Employed*
Net Fixed Assets (incl CWIP)^
Net Current Assets
Total Assets
23,092
68,825
38,105
21,828
83,103
16,368
71,305
38,042
24,536
86,778
39,717
19,742
12,142
31,884
9,595
22,289
8,300
13,989
79,053
39,881
24,839
94,368
40,878
12,342
11,162
23,504
8,161
15,343
7,878
7,465
72,389
37,777
23,135
86,501
40,302
13,803
10,469
24,272
6,119
18,153
8,160
9,993
72,916
37,109
25,642
88,698
Note: *Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents
Net Debt reduced by 48% in last 3 Years (FY20 to FY23)
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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)
ROCE (Pre-tax) (Annualised)
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%
FY22
FY23
Q1 FY24
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%
0.45
1.74
4.90
1.56
2.24
0.94
90
51
41
100
8.3%
8.3%
13.3%
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)
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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.
Transparent Reporting of Welspun India's performance across 170+ ESG (Environmental, Social & Governance) parameters
Click here for more details
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Environmental
Social
Implemented ISO 14001
Environmental Management Systems at both manufacturing sites
Flagship facility is fresh water positive: 30 MLD sewage treatment plant enables use of treated sewage
Utilizing waste heat and blast furnace waste gas for power and steam generation
Renewable power from
CleanMax has started at Vapi from June’23.
Building up 27 MW solar power plant at Anjar
Working Suppliers for on- boarding on Sedex for a transparent supply chain
Engaged with Cotton Farmers to grow sustainable Cotton (Better Cotton Initiative and Organic Cotton) in an initiative spread over 350 villages, impacting 18,000 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
CSV programs aims to impact 1
Mn lives by 2030. In FY 23, reached over 5 lacs community members.
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 extended 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
19
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 CSA for 2022 , score improved from 48 to 59
Journey Till Date (Q1 FY24)– Environmental Impact
Sustainalytics
DJSI ratings
Crisil ratings
Score improved from 14.4 to 11.3 (June ’23)
Score improved from 48 to 59 (Apr’23)
Score 63 – Strong (May’22)
1,65,000 + acres
Landbank of sustainable cotton farming
924 million
68,946 GJ Energy
Liters of recycled water used in process this quarter
Saved through energy conservation this quarter
82%
1389 tons
Of cotton used from sustainable sources this quarter
Recycled cotton reused in process this quarter
Journey Till Date – Social Impact
Students reached ~41.5K
FY22-23 Target: ~47.5K
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Livelihood Impact –
Total benefited 1,144
Health Impact – Total beneficiaries ~10.3 K
17 athletes supported
Medals: 14
20
Sustainability – Progress against Targets
Aspects
Q1FY 24 Goal 2025
Goal 2030
Carbon Neutral (measured as % RE)
WIP 20% RE
100% RE
100% Sustainable Cotton
82%
50%
100%
Fresh Water Positive in Production operations
11.6 KL/MT 5 KL/MT
0 KL/MT
Zero hazardous waste to Landfill (ETP chemical sludge)
15.3 MT
0 MT
0 MT
Impacting 1 million lives in CSV (YTD)
1,71,531 5,00,000
10,00,000
Farmers in Welspun sustainable farming project (YTD)
18,000
20,000
50,000
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Share Holding Summary
Shareholding Pattern ( June 2023)
Promoter Group
FPIs
Mutual Funds/AIF
Insurance Co’s
Public
Other
70.5%
6.4%
2.0%
3.7%
16.4%
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.
w e l s p u n i n d i a . c o m
23
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
Connect with us:
/TheWelspunGroup
/WelspunGroup
/welspungroup
/company/welspun-group
Annexure:
Owned Brands – Domestic
Diversified Product Portfolio
Brand Positioning
Premium
Thoughtfulness
Presence
2,400+ outlets
380 towns
240 Shop in Shop locations
Early Success
Mass
13,265+ outlets (2092+ in Q1
24)
500+ towns
125 Distributors
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
Leading brand on Myntra in
#1 distributed Brand of
home category
Improved brand awareness
Foray in mattress category with Yours’n’mine range
HT in Home Linen in the country*
Significant improvement
in brand awareness
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
26
Retail Journey
Launched Spaces brand
Reached Rs 100 Cr
Turnover
CSO Campaign launched for consumer engagement (SPACES)
Campaign with Akshay Kumar
Brand Welspun - most distributed brand,
HT
Re-launch of EBO
2004
2008
2016
2018
2019 3%
2022 5%
2023
7%
Launched Welhome Stores
Launched Welspun Brand
Welspun Brand crosses 100
Campaign with Amitabh
Bachchan
Scaled up visibility of SPACES
Launch of Rangana & Hygro
Cr
HT: 350 Cr+; Flooring: 50
Cr+
27
Domestic Consumer Business Buildup
n u p s l e W d n a r B
Highest Distributed Brand in HT Share of shelf: >=15% MBO; >= 40% Large format
Presence: 13k+ Outlets FY26 (e): 50,000 outlets
75% Districts Presence in ~500/640
Most Visible Brand of Home Textile Branding in ~7k stores.
Innovation: • 2-in-1 Sheet • Quik Dry Towel • Wonderful sheet
Make in India: Highest Scale up in commercial & hospitality segment
Last mile technology implementation: SFA & DMS
High pitch campaigns with celebrities
Spontaneous awareness
Awards
Welspun’s Quik Dry Towel ad wins Kantar’s Global Creative Effectiveness Awards for its Messaging & relevance
30%
100%
Brand Welspun wins Prestigious Brand of Asia award (textile) out of 50 brands selected from various domains
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Innovation – Our strong suite
36 Patented Technologies
Filed globally
Key Innovations
WINNER 2 n d tim e in a ro w C L A R I V A TE S O U TH A N D S O U TH E A S T A S I A I N N O V ATI O N AWAR 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
w e l s p u n i n d i a . c o m
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
DRYLON
Prevent Allergy
Ultra soft
CHARCOAL
Odor-control
& Asthma
Chemical-free
Dries super fast
Hygienic & Detoxifying
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