Welspun Living Limited has informed the Exchange about Investor Presentation
WLL/SEC/2025
May 29, 2025
BSE Limited Department of Corporate Services, SP. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code-514162)
National Stock Exchange of India Limited Listing Compliance Department Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 (Symbol: WELSPUNLIV)
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and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on audited financial results of the Company for the quarter and year ended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, 2025.
Please take the same on record.
Thank you,
For Welspun Living Limited (Formerly known as Welspun India Limited)
Shashikant Thorat Company Secretary ICSI Membership No. : FCS-6505
Enclosed: Earnings Presentation as mentioned above
Earnings Presentation Welspun Living 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
Q4 FY25 29th May, 2025
NSE/BSE: WELSPUNLIV Bloomberg: WLSI:IN Reuters: WLSP.NS
Inside this Presentation
Executive Summary
Management Commentary
Awards & Recognition
Global Presence
Key Highlights
Quarterly summary
Operational Highlights
Quarterly Profit & Loss
Quarterly Segment Results
Financial Statements Summary
ESG at Welspun
Share Holding Summary
03
04
05
06
07
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12
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15
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20
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WELSPUN LIVING - GLOBAL HOME TEXTILES LEADER
Diversified Brand & License Portfolio
Global leader in Home solutions • Highest export across the globe from
India (Texprocil)
• Market leadership - Rank 1 in Towels and
Bath rugs and Top 2 in sheets.
ESG Focused
83 / 100 Global Rank Top 4 India: Rank 1
8 2021
48 2022
59 2023
66 2024
83 2025
Well-defined principles, roadmap and targets
Welspun Living Ltd (WLL), part of $3.6 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.
WLL is differentiated by its strategy based on Branding, Innovation and Sustainability.
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 28% women in a 24,000+ strong workforce
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MANAGEMENT COMMENTARY
“FY25 was a landmark year—Welspun Living crossed the ₹10,000 crore revenue mark,
delivering ₹10,697 crore in consolidated revenue, up 8.9% YoY. We are proud to be
certified a Great Place to Work for the second year in a row, with 96% employee
participation—reflecting our strong employee-centric culture.
Home Textiles exports grew 10.8%, with strong traction across the US, Europe, UK, and
RoW, and continued momentum in our Global Brands. Emerging businesses—pillars of
our future growth continued to contribute 30%+ to overall revenues, underscoring the
strength of our diversified portfolio. We remain committed to building Our Domestic
Retail business; building affordability through ‘Welspun’ brand and providing complete
home experience through ‘SPACES’.
ESG remains at the core of everything we do. We were ranked 4th globally in the Textiles,
Apparel & Luxury Goods sector in the S&P Global Corporate Sustainability Assessment,
with an ESG score of 83—a recognition we’re truly proud of.
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Ms. Dipali Goenka Managing Director & CEO , Welspun Living Limited
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AWARDS & RECOGNITION
Feathers in our cap
Welspun Advanced Textiles won the Gold Award for Export Performance in SRTEPC’s Technical Textiles category for Blended Fabrics of Synthetic and Natural Fibres.
Welspun Living earned the Platinum Vision Award at the LACP Annual Report Competition
The Architect’s Diary recognized Ms. Goenka as one of the 30 Powerful Women In India.
Welspun Living Limited is certified as a Great Place to Work® for the second year in a row and recognized among "2025: India’s Best Workplaces in Manufacturing."
Welspun Living Limited, Telangana, received the prestigious Diamond Award for excellence in health and safety practices in the textiles sector.
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Ms. Dipali Goenka receives D&B Dynamic Women Business Leader 2025 by dun & bradstreet.
Ms. Dipali Goenka is recognized as MOST INFLUENTIAL WOMEN 2025 by BusinessWorld magazine
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STRONG GLOBAL PRESENCE
KEY CUSTOMER PARTNERSHIP
North America
UK & Europe
India
Over 60 Countries
Presence
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ROW
IKEA
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KEY HIGHLIGHTS
Brands
ESG
C lick the Ico ns to k no w m o re
Total Income crossed significant milestone,
reaching ₹1,06,972 Mn — up 8.9% YoY
EBIDTA FY25 ₹ 14,507 mn @ 13.6% down
186 bps
Home Textile Exports Business surged 10.8% YoY in FY25 with strong EBITDA margin of 14.7%
Advance Textile Business grew by 7.8% YoY
in FY25
Domestic Consumer Business grew by 5.1%
YoY in FY25
Flooring Business in FY25 recorded
revenue of ₹ 8,891 mn
EBITDA of Flooring Business in FY25 is
₹ 738 Mn @ 8.3% margin
Innovation sales grew by 4% YoY and
stood at 22,667 mn in FY25
Net Debt stood at ₹ 16,025 mn vs.
₹13,542 mn (Mar 24)
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FINANCIALS HIGHLIGHTS
(₹ Million)
Quarterly Highlights
26,482
26,167
1,06,972
98,251
FY25 Highlights
1.2%
4,001
3,181
12.0% 12.6%
15.3% 15.6%
8.9%
1,318
1,460
4.8% 5.0%
7.2% 5.6%
14,507
15,147
6,392
6,811
13.6% 14.1%
15.4% 15.5%
6.0% 6.3%
6.9% 7.4%
Sales
EBITDA
PAT
Sales
EBITDA
PAT
Q4FY25 A
Q4FY24 A
FY25 A
FY24 A
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QUARTERLY HIGHLIGHTS
Particulars
Net Worth
Short Term Loans
Long Term Loans
Gross Debt
Cash & Cash Equiv.
Net Debt
Total Assets
31-Mar-25
31-Dec-24
31-Mar-24
(₹ Million)
48,211
14,552
10,134
24,686
8,661
16,025
46,581
17,691
10,274
27,965
11,381
16,584
1,03,071
1,03,549
45,158
15,665
9,540
25,205
11,663
13,542
95,500
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SALES HIGHLIGHTS – CHANNEL WISE
Revenue
Q4 FY25 Sales Contribution (%) Q3 FY25 Sales Contribution (%) Q4 FY24 Sales Contribution (%)
FY25 Sales Contribution (%) FY24 Sales Contribution (%)
Growth YoY (%)
Note: *Non-Domestic #Includes Innovation Revenue excludes Other Operating Income
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B2B
Global*
Innovation
5,929 25% 4,340 19% 6,902 30%
22,667 24% 21,873 25%
4%
Others
12,379 53% 12,780 57% 9,100 40%
49,716 52% 41,891 49%
19%
(₹ Million)
Branded#
Domestic
Global*
Domestic
Online
Offline
Online
Offline
1,017 4% 1,216 5% 1,309 6%
5,297 6% 5,593 6%
(5%)
698 3% 708 3% 495 2%
2,651 3% 2,536 3%
5%
2,098 9% 1,824 8% 3,918 17%
8,929 9% 9,029 10%
(1%)
67 0% 81 0% 10 0%
232 0% 114 0%
104%
1,244 5% 1,598 7% 1,255 5%
5,301 6% 5,173 6%
2%
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SALES HIGHLIGHTS – BUSINESS WISE
Revenue
Q4 FY25 Sales Contribution (%) Q3 FY25 Sales Contribution (%)
Q4 FY24 Sales Contribution (%)
FY25 Sales Contribution (%) FY24 Sales Contribution (%) Growth YoY (%)
Note: HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income
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Home Textile Business
(₹ Million)
Flooring Business
HT - B2B
HT – Branded
HT - E-Com
Advanced Textiles
Flooring – B2B
Flooring – Branded
16,513 70% 15,708 70%
14,660 64%
66,161 70% 58,111 67% 14%
2,893 12% 3,004 13%
4,728 21%
12,692 13% 12,800 15% (1%)
765 3% 789 3%
505 2%
2,884 3% 2,650 3% 9%
1,369 6% 1,146 5%
1,215 5%
4,995 5% 4,492 5% 11%
1,442 6% 1,482 7%
1,440 6%
6,524 7% 6,770 8% (4)%
449 2% 417 2%
445 2%
1,538 2% 1,388 2% 11%
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OPERATIONAL HIGHLIGHTS
Manufacturing Capacity & Utilization
Home Textile
Particulars
UOM
Bath Linen Bed Linen Rugs & Carpets Mn sq mtrs
Mn mtrs
MT
Advanced Textile
Spunlace Needle Punch Wet Wipes
MT
MT
Mn Packs
Annual Capacity
90,000 108 12
27,729 3,026 100
Q4FY25
20,448 20.1 2.3
4,577 355 3.0
Utilization (%)
91% 74% 76%
66% 47% 12%
Q3FY25
17,747 21.0 2.5
4,332 332 4.0
Utilisation (%)
79% 78% 84%
62% 44% 16%
Q4FY24
19,877 21.3 2.3
4,018 401 5.8
Utilization (%)
88% 79% 76%
58% 53% 23%
Flooring
Particulars
UOM
Annual Capacity
Installed
Effective
Q4FY25
Utilisation (%)
Q3FY25
Utilisation (%)
Q4FY24
Utilisation (%)
Flooring Mn sq mtrs
27
18
2.5
56%
2.4
53%
2.3
52%
Pillow, Ohio (USA)
Particulars
UOM
Annual Capacity
Installed
Effective
Q4FY25
Utilisation (%)
Q3FY25
Utilisation (%)
Q4FY24
Utilisation (%)
Pillow
MnPcs
13.5
4.7
0.4
31%
0.3
24%
-
-
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OPERATIONAL HIGHLIGHTS
Manufacturing Capacity & Utilization
Particulars
UOM
Annual Capacity
FY25
Utilisation (%)
MT
90,000
80,926
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
85.4
10.4
17,829
1,458
18.2
90%
79%
86%
64%
48%
18%
FY24
78,003
74.5
10.5
16,483
1,465
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Utilization (%)
87%
69%
88%
59%
48%
21%
Flooring
Particulars
UOM
Annual Capacity
Installed
Effective
FY25
Utilisation (%)
FY24
Utilisation (%)
Flooring Mn sq mtrs
27
18
10.6
59%
10.1
56%
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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)
Note: 1. ^Cash Profit = PBDT less Current Tax
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Q4FY25
Q4FY24
YoY Change
Q3FY25
QoQ Change
(₹ Million)
26,482
3,181
12.0%
569
928
1,683
1,318
5.0%
2,108
1.40
26,167
4,001
15.3%
518
962
2,521
1,460
5.6%
4,296
1.52
1.2%
-20.5%
-328 bps
9.8%
-3.5%
-33.2%
-9.7%
-60 bps
-50.9%
-7.9%
25,277
3,185
12.6%
623
982
1,580
1,208
4.8%
2,578
1.27
4.8%
-0.1%
-59 bps
-8.7%
-5.5%
6.6%
9.1%
20 bps
-18.2%
10.2%
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QUARTERLY SEGMENT RESULTS
Particulars
Q4 FY25 Q4 FY24
YoY Change
Q3 FY25
QoQ Change
FY25
FY24
(₹ Million)
YoY Change
Revenue Segmentation (%)
Q4 FY25
Home Textile
Revenue
EBITDA
24,526
24,217
1.3%
22,818
7.5%
98,344
90,630
8.5%
2,813
3,640
(22.7%)
2,864
(1.8%)
12,903
13,827
(6.7%)
EBITDA Margin (%)
11.5%
15.0%
(356 bps)
12.5% (108 bps)
13.1%
15.3% (214 bps)
92.4%
7.6%
Flooring
Revenue
EBITDA
1,958
2,129
(8.1%)
2,157
(9.3%)
8,891
9,269
(4.1%)
139
182
(23.8%)
169
(17.8%)
738
766
(3.7%)
FY25
EBITDA Margin (%)
7.1%
8.6%
(147 bps)
7.8%
(74 bps)
8.3%
8.3%
04 bps
91.7%
8.3%
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Home Textile
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
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PROFIT & LOSS SUMMARY
Particulars
Total Income
Growth YoY* %
EBITDA
EBITDA Margin
Depreciation
Finance cost
PBT
PAT (After Minority Interest)
Cash Profit^
EPS (₹) (Not Annualised)
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
FY 23
82,151
(11.4%)
8,739
10.6%
4,421
1,299
3,019
1,988
6,760
2.02
FY 24
98,251
19.6%
15,147
15.4%
3,945
1,534
9,668
6,811
12,398
7.06
(₹ Million)
FY25
1,06,972
8.9%
14,507
13.6%
3,734
2,175
8,598
6,392
10,624
6.70
Note: * FY 22 numbers adjusted for ROSCTL of Q4 FY 21 of Rs.1050 Mn ^ Cash Profit = PBDT less Current Tax
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BALANCE SHEET SUMMARY
Particulars
Net Worth
Short Term Loans
Long Term Loans
Gross Debt
Cash & Cash Equiv.
Net Debt
Capital Employed*
Net Fixed Assets (incl CWIP)^
Net Current Assets
Total Assets
31-Mar-21
31-Mar-22
31-Mar-23
31-Mar-24
31-Mar-25
(₹ Million)
36,447
17,452
10,962
28,414
5,087
23,327
71,305
38,042
24,536
86,778
39,717
19,742
12,142
31,884
9,595
22,289
79,053
39,881
24,839
94,368
40,878
12,342
11,162
23,504
8,161
15,343
72,389
37,777
23,135
86,501
45,158
15,665
9,540
25,205
11,663
13,542
80,767
36,737
27,450
95,500
48,211
14,552
10,134
24,686
8,661
16,025
86,037
42,110
29,393
1,03,071
Note: *Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents
Net Debt reduced by 54% in last 5 Years
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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) (TTM)
Note: ROCE = EBIT / Average Capital Employed & ROE = Net Profit / Average Net
worth
Total asset turnover = Sales/ (Fixed assets + Gross current assets)
FY21
0.64
1.64
4.89
1.33
1.93
0.85
88
59
54
93
FY22
FY23
FY24
FY25
0.56
1.56
7.65
1.37
2.33
0.99
78
39
36
80
0.38
1.76
3.32
1.66
2.14
0.94
89
43
39
93
4.9%
5.7%
0.30
0.90
7.30
1.72
2.63
1.01
78
47
34
91
0.33
1.10
4.95
1.68
2.50
1.02
76
57
39
94
15.8%
14.6%
13.7%
12.9%
16.3%
13.8%
15.8%
13.4%
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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 WLL that enlists our goals under Sustainability till 2030.
Transparent Reporting of Welspun Living'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 three manufacturing sites
Flagship facility is fresh water positive: 30 MLD sewage treatment plant enables use of treated sewage
Utilizing biomass (Agri-Pellets)
for steam generation
30 MW solar power plant at
Anjar commissioned
18 MW Additional solar plant
near Vapi is likely to be commissioned in June 25
Received CII national award for
excellence in water management. (Nov 24)
Engaged with Cotton Farmers to grow sustainable Cotton (Better Cotton Initiative and Organic Cotton) in an initiative spread over 350 villages, impacting 29,500+ farmers.
Also initiated special program for ELS (Extra long staple) cotton with over 4000 farmers enrolled.
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
In FY 25, reached over 11 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
ESG performance monitoring and reporting through an IT platform – ‘Credibl’
ESG performance data assured by third
party for 3 consecutive years
Robust Ethics framework in place
Compliance management tool in place
Innovation & intellectual property
oriented culture reflected in 47 patents filled globally
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SUSTAINABILITY INITIATIVES – GROWING BUSINESS RESPONSIBLY
DJSI ratings
Sustainalytics
Eco Vadis
Crisil ratings
Welspun Living’s Sustainability case study is now a part of a curriculum across universities in US, Canada, France, Europe and Taiwan.”
Score improved from 59 to 66 to 83 (Feb’25) Rank 1 in India in Textile, Apparel & Luxury goods. 4th Rank Globally
Q4 FY25 – Environmental Impact
Top 16 in 217 Companies
Score 44 to 66 (Sep’24) Wins Silver Badge Top 15%ile
ESG rating Improved from “D” to “B”
2,23,069+ acres
1028 Million Litres
33,128 GJ Energy
1632 tons
Landbank of sustainable cotton farming
Liters of recycled water used in process
Saved through energy conservation
Recycled cotton reused in process
Q4 FY 25 – Social Impact
Students reached ~63,189+
Livelihood Impact
beneficiaries ~ 15,522+
Health Impact
beneficiaries ~1,04,195+
20 athletes supported
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SUSTAINABILITY – PROGRESS AGAINST TARGETS
Aspects
FY24
Q4 FY25
FY25
Goal 2025 Goal 2030
Carbon Neutral (measured as % RE)
8.4%
29%
30%
20%
100%
100% Sustainable Cotton
81%
89%
76%
50%
100%
Fresh Water (+) in Production operations (KL/MT)
11.2
11.3
11.3
5
Zero hazardous waste to Landfill (MT)
62.8
20.09
66.13
0
0
0
Impacting 1 million lives in CSV (cumulative)
8,43,960
3,31,139
11,16,232
5,00,000
10,00,000
Farmers in Welspun sustainable farming project (cumulative)
26,723
29,528
29,528
20,000
50,000
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SHAREHOLDING SUMMARY
Shareholding Pattern (Mar 2025)
Promoter Group
FPIs
Mutual Funds/AIF
Insurance Co’s
Public
Other
66.2%
5.4%
3.2%
5.7%
18.5%
1.0%
Top Institutional Shareholders
SBI LIFE Insurance Co
LIC of INDIA
Vanguard
Aditya Birla Sun life MF
HSBC Mutual Fund
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DISCLAIMER
The information contained in this presentation is provided by Welspun Living 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 Living Limited, together with its consolidated subsidiaries.
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For further details please contact
Mr. Sanjay Gupta President (Finance) & CFO Welspun Living Limited sanjay_gupta1@welspun.com
Ms. Bharti Agarwal Welspun Living – Investor Relations Bharti_agarwal@welspun.com
Mr. Salil Bawa Welspun Group – Investor Relations Salil_bawa@welspun.com
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