Welspun Living Limited

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WLL/SEC/2025 July 30, 2025 BSE Limited Department of Corporate Services, SP. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code-514162) National Stock Exchange of India Limited Lis

28%

-art transparency for All Fibers & All Product Categories A certified woman owned business with 28% women in a 24,000+ strong workforce w e l s p u n l i v i n g . c o m 3 MANAGEMENT COMMENTARY

11.6%

s leading to market uncertainty and cautious retailer buying patterns. Overall revenue declined by 11.6% YoY to ₹2,289 crores with EBITDA margin at 11.1%, impacted by operating deleverage. Ourdomesticbu

₹2,289 crore

market uncertainty and cautious retailer buying patterns. Overall revenue declined by 11.6% YoY to ₹2,289 crores with EBITDA margin at 11.1%, impacted by operating deleverage. Ourdomesticbusinessshowedresilienc

11.1%

iler buying patterns. Overall revenue declined by 11.6% YoY to ₹2,289 crores with EBITDA margin at 11.1%, impacted by operating deleverage. Ourdomesticbusinessshowedresiliencewithgreenshootsacrosscategor

9.5%

by operating deleverage. Ourdomesticbusinessshowedresiliencewithgreenshootsacrosscategories,growing9.5% YoY.Welspun brandcontinuedstronggrowthmomentum, strengthenedour brandplay andflooringshowingstron

100%

drive sustainablegrowth. With ESG embedded in every aspect of our operations, our journey towards 100% renewableenergyand100%sustainablecottonby2030 continuestobea key strategic differentiator. w e l

₹ 22,895

A 6 KEY HIGHLIGHTS Brands ESG C lick the Ico ns to k no w m o re  Total Income in Q1 FY26 is ₹ 22,895 mn declined by 11.6% YoY  EBIDTA Q1FY26  ₹ 2,543 mn @ 11.1% down 409 bps  Home Textile Expor

₹ 2,543

o k no w m o re  Total Income in Q1 FY26 is ₹ 22,895 mn declined by 11.6% YoY  EBIDTA Q1FY26  ₹ 2,543 mn @ 11.1% down 409 bps  Home Textile Exports Business declined 11.8% YoY in Q1FY26 with EBITD

409 bps

ncome in Q1 FY26 is ₹ 22,895 mn declined by 11.6% YoY  EBIDTA Q1FY26  ₹ 2,543 mn @ 11.1% down 409 bps  Home Textile Exports Business declined 11.8% YoY in Q1FY26 with EBITDA margin of 12.6%  Adv

11.8%

oY  EBIDTA Q1FY26  ₹ 2,543 mn @ 11.1% down 409 bps  Home Textile Exports Business declined 11.8% YoY in Q1FY26 with EBITDA margin of 12.6%  Advance Textile Business declined by 11.6% YoY  O

12.6%

wn 409 bps  Home Textile Exports Business declined 11.8% YoY in Q1FY26 with EBITDA margin of 12.6%  Advance Textile Business declined by 11.6% YoY  Overall Flooring Business in Q1 FY26 recor

“c o m 7 FINANCIALS HIGHLIGHTS 12.6% 15.6% 4.8% 7.2% Quarterly Highlights 25,885 (₹ Million) 22,895 3,935 11.6% 2,543 11.1% 15.2% 1,855 14.1% 15.5% 7.2% 876 3.8% 6.0% 6.3% 7.4% Sales EBITDA PAT Q1 FY26 Q1 FY25 w e l s p u n l i v i n g .”

“c o m 9 SALES HIGHLIGHTS – CHANNEL WISE Revenue Q1 FY26 Sales Contribution (%) Q4 FY25 Sales Contribution (%) Q1 FY25 Sales Contribution (%) Growth YoY (%)”

“* FY 22 numbers adjusted for ROSCTL of Q4 FY 21 of Rs.1050 Mn ^ Cash Profit = PBDT less Current Tax (₹ Million) FY25 Q1 FY26 FY 24 98,251 19.6% 15,147 15.4% 3,945 1,534 9,668 6,811 1,06,972 8.9% 14,507 13.6% 3,734 2,175 8,598 6,392 12,398 10,624 7.06 6.70 22,895 (11.6%) 2,543 11.1% 879 425 1,240 876 1,721 0.92 w e l s p u n l i v i n g .”

Note

6

Strong Emerging Businesses

1

Connect with us

1

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 w e l s p u n l i v i n g . c o m 3 MANAGEMENT COMMENTARY “Q1FY26 witnessed a muted start amidst tariff headwinds leading to market uncertainty and cautious retailer buying patterns. Overall revenue declined by 11.6% YoY to ₹2,289 crores with EBITDA margin at 11.1%, impacted by operating deleverage. Ourdomesticbusinessshowedresiliencewithgreenshootsacrosscategories,growing9.5% YoY.Welspun brandcontinuedstronggrowthmomentum, strengthenedour brandplay andflooringshowingstrongtractionsinresidentialandhospitality. We remain committed to building our emerging businesses, the pillars of our future growth. While the near-term outlook remains cautious, our focus remains on cost op

Note

*Non-Domestic #Includes Innovation Revenue excludes Other Operating Income w e l s p u n l i v i n g . c o m B2B Global* Innovation 5,494 27% 5,929 25% 6,401 28% Others 9,917 49% 12,379 53% 11,439 50% Domestic 1,201 6% 1,017 4% 1,506 7% Branded# (₹ Million) Global* Domestic Online Offline Online Offline 629 3% 698 3% 466 2% 1,742 9% 2,098 9% 1,958 9% 41 0% 67 0% 29 0% (14%) (13%) (20%) 35% (11%) 42% 1,188 6% 1,244 5% 1,081 5% 10% 10 SALES HIGHLIGHTS – BUSINESS WISE Revenue Q1 FY26 Sales Contribution (%) Q4 FY25 Sales Contribution (%) Q1 FY25 Sales Contribution (%) Growth YoY (%) Home Textile Business HT - B2B HT – Branded HT - E-Com 14,133 70% 16,513 70% 16,454 72% (14%) 2,555 13% 2,893 12% 2,728 12% (6%) 670 3% 765 3% 495 2% 35% Advanced Textiles 1,034 5% 1,369 6% 1,165 5% (11%) (₹ Million) Flooring Business Flooring – B2B Flooring – Branded 1,446 7% 1,442 6% 1,727 8% (16)% 375 2% 449 2% 312 1% 20%

Note

HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income w e l s p u n l i v i n g . c o m 11 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 Q1FY26 19,706 18.1 2.4 4,145 373 5.9 Utilization (%) 88% 67% 81% 60% 49% 24% Q4FY25 20,448 20.1 2.3 4,577 355 3.0 Utilization (%) 91% 74% 76% 66% 47% 12% Q1FY25 21,055 18.6 2.6 4,612 376 4.9 Utilization (%) 94% 69% 85% 67% 50% 20% Flooring Particulars UOM Annual Capacity Installed Effective Q1FY26 Utilisation (%) Q4FY25 Utilisation (%) Q1FY25 Utilisation (%) Flooring Mn sq mtrs 27 18 1.9 43% 2.5 56% 2.9 64% Pillow, Ohio (USA) Particulars UOM Annual Capacity Installed Effective Q1FY26 Utilisation (%) Q4FY25 Utilisation (%) Q1FY25 Utilisation (%) Pillow MnPcs 13.5 4.7 0.6 47% 0.4 31% - - w e l s

Note

1. ^Cash Profit = PBDT less Current Tax w e l s p u n l i v i n g . c o m Q1FY26 Q1FY25 YoY Change Q4FY25 QoQ Change (₹ Million) 22,895 25,885 2,543 11.1% 425 879 1,240 876 3.8% 1,721 0.92 3,935 15.2% 434 968 2,533 1,855 7.2% 2,897 1.93 -11.6% -35.4% -409 bps -2.1% -9.2% -51.1% -52.8% -334 bps -40.6% -52.3% 26,482 3,181 12.0% 569 928 1,683 1,318 5.0% 2,108 1.40 -13.5% -20.0% -90 bps -25.4% -5.3% -26.3% -33.6% -115 bps -18.4% -34.3% 13 QUARTERLY SEGMENT RESULTS Particulars Q1 FY26 Q1 FY25 YoY Change Q4 FY25 QoQ Change (₹ Million) Home Textile Revenue EBITDA 21,235 23,873 (11.1%) 24,526 (13.4%) 2,232 3,484 (35.9%) 2,813 (20.7%) Q1 FY26 Revenue Segmentation (%) EBITDA Margin (%) 10.5% 14.6% (408 bps) 11.5% (96 bps) Flooring Revenue EBITDA EBITDA Margin (%) 1,935 162 8.4% 2,278 (15.1%) 1,958 210 (23.0%) 139 (1.1%) 16.7% 9.2% (86 bps) 7.1% 128 bps 91.6% 8.4% Home Textile Flooring w e l s p u n l i v i n g . c o m 14 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

Note

* FY 22 numbers adjusted for ROSCTL of Q4 FY 21 of Rs.1050 Mn ^ Cash Profit = PBDT less Current Tax (₹ Million) FY25 Q1 FY26 FY 24 98,251 19.6% 15,147 15.4% 3,945 1,534 9,668 6,811 1,06,972 8.9% 14,507 13.6% 3,734 2,175 8,598 6,392 12,398 10,624 7.06 6.70 22,895 (11.6%) 2,543 11.1% 879 425 1,240 876 1,721 0.92 w e l s p u n l i v i n g . c o m 16 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 Q1 FY26 (₹ 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 50,042 13,469 10,130 23,599 9,588 14,010 86,786

Note

*Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents Net Debt reduced by ~50% in last 5 Years w e l s p u n l i v i n g . c o m 17 RATIOS SUMMARY 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) Solvency ratios Operational ratios Return ratios FY22 FY23 FY24 FY25 Q1 FY26 FY21 0.64 1.64 4.89 1.33 1.93 0.85 88 59 54 93 0.56 1.56 7.65 1.37 2.33 0.99 78 39 36 80 16.3% 13.8% 15.8% 13.4% 0.38 1.76 3.32 1.66 2.14 0.94 89 43 39 93 4.9% 5.7% 0.30 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 0.28 1.07 4.37 1.74 2.44 0.99 74 53 39 88 15.8% 14.6% 13.7% 12.9% 11.1% 11.0%