WELSPUNLIVNSE27 October 2021

Welspun India Limited has informed the Exchange about Investor Presentation

Welspun Living Limited

WELSPUN !NOIA HOME TEXTILES

WIL/SEC/2021

October 27, 2021

Bombay Stock Exchange Limited Department of Corporate Services, SP. J. Towers, Dalal Street, Mumbai - 400 001 (Serio 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 HI 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and Disclosure Requirements) Regulations, 2015 and the Company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached earnings presentation, inter alia, on unaudited financial results of the Company for the quarter ended September 30, 2021.

Please take the same on record.

Thank you,

India Limited

Sliashikant Tho rat Company Secretary ICSI Membership No. : FCS-6505 Enclosed: Earnings Presentation as mentioned above

Welspun India Limited We!spun House, 6th Floor, t<amala City, Senapat1 Bapat Marg, Lower Pa rel (West), Mumbai 400 013, India T • +·91 22 6613 6000 / 2490 8000 F · +91 22 2490 8020 / 2490 8021 E-mail: companysecretary_wil qwelspun.com Website. www.welspun1nd1a.com

Registered Address: Welspun City. Village Versamed1, Taluka AnJar, District Kutch. Gu1arat 370 110. India T • +91 2836 661 111 F . +91 2836 279 010

Wor!,s: Survey No. 76, Village Mora1. Vap1, D1stnct Va!sad, Gu1arat 396 191, India T : +91 260 2437437 F. +91 260 22437088

Corporate Identity Number: Li7110GJ1985PLC033271

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

Q2FY22 27th Oct 2021

NSE: WELSPUNIND Bloomberg: WLSI:IN Reuters: WLSP.NS

Inside this Presentation

Executive Summary

Management Commentary

Awards & Recognition

Global Presence

Key Highlights

Quarterly

Half Yearly

Operational Highlights

Quarterly Segment Results

Enhancing Capacity; Catering to Growing Demand

Quarterly Profit & Loss

Summary of Financial Statements

ESG at Welspun

Share Holding Summary

Annexures

Executive Summary

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

Thought leader Collaboration with INFINICHAINS 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 20,000+ strong workforce

#1 Ranking Consistently as Home Textile Supplier to USA.*

1 in 4 Towels & 1 in 7 Sheets Sold in US made by Welspun**

Note: *Source: HTT Magazine ** Source: OTEXA data

Welspun India Ltd (WIL), part of $2.7 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 strategy based on its Branding, Innovation and Sustainability.

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Management Commentary

We are delighted to share that our markets are continuously showing strong growth and improvement in sentiments, which is leading to strong retail demand and increased consumer spending globally.

I am happy to share yet another strong quarterly results, achieving highest quarterly revenues. We have improved our market share in US to 1 in 4 in towels and 1 in 7 in sheets. Closer home, Welspun is now the highest distributed brand in India.

We are mindful of the unprecedented commodity price increase and logistical challenges being faced worldwide, with a potential of generating headwinds in our businesses. However, we are optimistic that they would be short lived and transitory. We are very buoyant on the medium and long-term sustainable growth on both revenue and margin front for all our businesses.

We are committed to achieve our ESG goals we have set for ourselves and are making a good headway. World Economic Forum has selected SPUN, a Welspun initiative, as one top 100 global corporate ready social enterprises.

Ms. Dipali Goenka CEO & Joint Managing Director, Welspun India Limited

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Awards & Recognition

TEXPROCIL

1st Indian Company to get US FDA nod for 3 ply surgical masks

CLARIVATE South and South East Asia innovation award 2021

STeP-Sustainable Textile Product

Greenguard Gold Certification

One of the top 100 companies in India for sustainability and CSR

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Strong Global Presence

Key Customer Partnership

North America

UK & Europe

India

#1 Ranking

In “Top 15 Home Textile Supplier Giants to USA”

Over50

Countries Presence

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ROW

Key Highlights

Feathers in our cap

Brands

E-Commerce

Innovation

Click t he I co ns to kno w mo re

Total Income Q2 → up 25.5% YoY at ₹ 25,014 mn H1 → up 47.4% YoY at ₹ 47,282 mn

EBITDA Q2 → up 4.7% YoY at ₹ 4,237 mn H1 → up 37.4% YoY at ₹ 8,836 mn Core Business EBITDA at ₹ 4,135 mn in Q2FY22 & Margin stood at 17.4%

R e a d M o r e

Featured in ET- Futurescape as one of the top 100 companies in India for Sustainability and CSR

Branded business grew by 42% YoY and stood at ₹ 3,561 mn in Q2FY22

Innovation business grew by 52% YoY and stood at ₹ 5,731 mn in Q2FY22

Emerging Business grew by 45% YoY in Q2FY22

Net Debt stood at ₹ 25,332 mn vs. ₹ 22,495 mn (June 2021)

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W a t c h v id e o

Welspun has been recognized by Walmart as its trusted partner for 20 years in their recent corporate announcement & HT leadership summit

Quarterly Highlights

Growth (YoY)

Growth (QoQ)

Margin (%) (y-o-y)

(₹ Million)

Revenue

EBITDA

PBT

PAT

Cash Profit

25,014 4,237 2,832

1,991

3,237

25.5%

17.9%*

4.7%

19.4%*

17.0%

11.6%

35.6%*

11.3%

10.8%

38.2%*

8.0%

1.8%

6.8%*

Margin Expansion/Contraction (y-o-y)

-337 Bps

-141 Bps

-106 Bps

EPS/CEPS

2.01

3.28

Note: 1. 2. Q1FY22 numbers adjusted for ROSCTL of Q4FY21 of Rs. 1,050 mn

Prior period figures are restated wherever necessary

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Half Yearly Highlights

Revenue

EBITDA

PBT

PAT

Cash Profit

47,282 8,836 5,970 4,166 6,405

(₹ Million)

Growth (YoY)

Margin (%) (y-o-y)

47.4%

37.4%

18.7%

75.6%

12.6%

82.1%

8.8%

32.7%

Margin Expansion/Contraction (y-o-y)

-135 Bps

203 Bps

170 Bps

EPS/CEPS

4.18

6.48

Note: 1. Prior period figures are restated wherever necessary

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Quarterly Highlights (Cont.)

(₹ Million)

Particulars

30-Sep-21

30-Sep-20

30-Jun-21

Net Worth

37,917

33,195

38,471

Short Term Loans

18,704

14,181

17,956

Long Term Loans

12,348

15,608

11,774

of which Flooring Debt

7,634

6,798

7,656

Gross Debt

31,052

29,789

29,730

Cash & Cash Equiv.

5,719

6,046

7,236

Net Debt

25,332

23,743

22,495

Net Debt excl. Flooring debt

17,699

16,945

14,839

ROE (In %)

20.0

ROCE (In %)

15.0

10.0

5.0

0.0

1 8 4

1 3 4

1 8 9

1 6 8

1 0 4

1 6 4

Q2FY22

Q2FY21

Q1FY22

Q2FY22

Q2FY21

Q1FY22

Net Debt / Equity (x) 0.80

Net Debt / EBITDA (x) 2.50

0.60

0.40

0.20

0.00

0 6 7

0 7 2

0 5 8

2.00

1.50

1.00

0.50

0.00

1 . 5 3

2 0 2

1 . 3 7

Total Assets

91,940

79,733

92,025

Q2FY22

Q2FY21

Q1FY22

Q2FY22

Q2FY21

Q1FY22

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Note: 1. All quarterly chart figures are on TTM basis.

Quarterly Highlights (Cont.)

Revenue

Q2FY22 Sales Contribution (%)

Q1FY22 Sales Contribution (%) Q2FY21 Sales Contribution (%)

Growth YoY (%)

H1FY22 Sales Contribution (%) H1FY21 Sales Contribution (%)

Growth YoY (%)

B2B

Global*

Innovation

5,731 26%

5,529 29% 3,772 22%

52%

11,260 27% 7,154 24%

57%

Others

11,956 53%

9,465 50% 10,090 58%

18%

21,421 52% 17,062 58%

26%

Note: *Non-Domestic #Includes Innovation Revenue excludes Other Operating Income

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35% YoY Growth in Domestic Business

(₹ Million)

Branded#

Domestic

Global*

Domestic

Online

Offline

Online

Offline

1,153 5%

934 5% 1,052 6%

10%

2,087 5% 1,566 5%

33%

1,404 6%

908 5% 1,400 8%

2,312 6% 2,033 7%

14%

1,244 6%

1,579 8% 623 4%

100%

2,823 7% 1,110 4%

154%

42% YoY

53 0%

45 0% 41 0%

30%

98 0% 62 0%

861 4%

464 2% 437 3%

97%

1,325 3% 589 2%

59%

125%

52% YoY

Growth in Brand business

Growth in Innovation

Quarterly Highlights (Cont.)

(₹ Million)

Revenue

Textiles Business

Other Businesses

HT - B2B

HT – Branded

HT - E-Comm Advanced Textile

Flooring – B2B

Flooring – Branded

Q2FY22 Sales Contribution (%)

Q1FY22 Sales Contribution (%)

Q2FY21 Sales Contribution (%)

Growth YoY (%)

H1FY22 Sales Contribution (%)

H1FY21 Sales Contribution (%)

Growth YoY (%)

16,855 75%

14,297 76%

13,584 78%

24%

31,152 75% 23,718 80%

31%

1,958 9%

1,918 10%

919 5%

113%

3,876 9% 1,490 5%

160%

1,456 7%

954 5%

1,441 8%

2,410 6% 2,095 7%

15%

674 3%

625 3%

730 4%

-8%

1,299 3% 1,313 4%

-1%

1,310 6%

1,006 5%

601 3%

118%

2,316 6% 743 3%

212%

147 1%

126 1%

141 1%

273 1% 209 1%

31%

Note: HT - Home Textile HT-Branded includes sales from licensed brands Revenue excludes Other Operating Income

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27% YoY

45% YoY

Growth in Textile business

Growth in HT Branded business (incl. E-Comm)

Growth in Other Businesses

Operational highlights (Quarterly)

Manufacturing Capacity & Utilization

Home Textile

Particulars

UOM

Bath Linen Bed Linen Rugs & Carpets Mn sq mtrs

Mn mtrs

Advanced Textile

Particulars

Spunlace Needle Punch Wet Wipes

UOM

Mn Packs

Annual Capacity

85,400 90 10.8

Annual^ Capacity

10,000 3,026 100

Q2FY22

19,769 23.9 2.7

Q2FY22

1,705.8 343.2 4.9

Utilization (%)

95% 100% 99%

Utilization (%)

82% 54% 33%

Q1FY22

19,179 21.8 2.7

Q1FY22

1,847.9 367.6 5.1

Utilization (%)

95% 97% 100%

Utilization (%)

84% 58% 34%

Q2FY21

17,656 21.2 2.0

Q2FY21

2,429.1 261 6

Utilization (%)

91% 94% 85%

Utilization (%)

101% 43% 45%

Flooring

Particulars

UOM

Annual Capacity

Expected* Operational

Q2FY22

Utilisation (%)

Q1FY22

Utilization (%)

Q2FY21

Utilisation (%)

Flooring

Mn sq mtrs

1.4

30%

1.0

30%

0.3

Note: *Expected Capacity at Full Capex

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Operational highlights (Half Yearly)

Manufacturing Capacity & Utilization

Home Textile

Advanced Textile

Particulars

Bath Linen Bed Linen Rugs & Carpets

Particulars

Spunlace Needle Punch Wet Wipes

UOM

Mn mtrs

Mn sq mtrs

UOM

Mn Packs

Annual Capacity

85,400 90 10.8

Annual^ Capacity

11,000 3,026 100

H1FY22

38,948 45 5.4

H1FY22

3553.7 710.8 10

Utilization (%)

92% 100% 100%

Utilization (%)

71% 47% 20%

H1FY21

30,095 35.2 2.9

H1FY21

4,556.1 382 10.2

Utilization (%)

71% 78% 54%

Utilization (%)

91% 25% 20%

Flooring

Particulars

UOM

Annual Capacity

Expected*

Operational

H1FY22

Utilisation (%)

H1FY21

Utilization (%)

Flooring

Mn sq mtrs

2.3

26%

0.5

Note: *Expected Capacity at Full Capex

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Quarterly Profit & Loss

Particulars

Total Income

EBITDA

EBITDA Margin (%)

Finance Cost

Depreciation

PBT (after exceptional)

Tax

PAT (After Minority Interest)

PAT Margin

Cash Profit^

EPS (₹)

Note: 1. ^Cash Profit = PBDT (before exceptionals) less Current Tax 2. Prior period figures are restated wherever necessary

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Q2 FY22

Q2 FY21

YoY Change

H1FY22

H1FY21

YoY Change

(₹ Million)

25,014

4,237

16.9%

353

1,052

2,832

817

1,991

8.0%

3,237

2.01

19,926

4,048

20.3%

362

1,149

2,537

658

1,797

9.0%

3,179

1.79

25.5%

4.7%

-337 bps

-2.5%

-8.5%

11.6%

30.5%

10.8%

-106 bps

1.8%

12.6%

47,282

8,836

18.7%

842

2,023

5,971

1,726

4,166

8.8%

6,405

4.18

32,086

6,429

20.0%

774

2,225

3,400

984

2,288

7.1%

4,671

2.28

47.4%

37.4%

-135 bps

8.7%

-10.3%

75.6%

75.4%

82.1%

170 bps

32.7%

83.3%

Quarterly Segment Results

Particulars

Q2 FY22

Q2 FY21

YoY Change

Q1 FY22

QoQ Change*

H1FY22

H1FY21

Home Textile

Revenue

EBITDA

23,749

19,242

23%

21,284

17.4%

45,032

31,088

4,135

4,215

-2%

4,805

10.1%

8,940

6,828

(₹ Million)

YoY Change

45%

31%

EBITDA Margin (%)

17.4%

21.9% -449 bps

22.6% -115 bps

19.9% 22.0% -211 bps

Revenue Segmentation (%)

Q2 FY22

93.7%

6.3%

Flooring

Revenue

EBITDA

1,596

772

107%

-295

1,213

-263

32%

2,810

1,025

174%

Legend

-218

-568

Note: 1. 2.

Prior period figures are restated wherever necessary *Q1FY22 home textile numbers adjusted for ROSCTL of Q4FY21 of Rs. 1,050 mn

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Home Textile

Flooring

Enhancing capacity; catering to growing demand

 Rise of homebody economy & focus on hygiene driving increased consumption of Home textile products  Enhancing our capacity through de-bottlenecking & rebalancing facilities to cater to this demand  Capital light expansion in the areas of processing, cut & sew etc.

Towels

80,000 MT

85,400MT

Capacity in FY21

Current Capacity

102,000MT

Starting Q4FY23

Bed Linen

90 Mn. Meters

Capacity in FY21

Current Capacity

108 Mn. Meters

Starting Q4FY22

Rugs & Carpets

10 Mn. Sq. Meters

10.8 Mn. Sq. Meters

Capacity in FY21

Current Capacity

18 Mn. Sq. Meters

Starting Q4FY22

HOME TEXTILE:  Capacity expansion at Vapi and Anjar

underway

 Benefits will start accruing from Q2 FY22 and revenue potential from second year ~ ₹ 12,000 mn

 Additional TT Capacity expansion for 16,600MT PA to be operational by Q4 FY23

ADVANCED TEXTILE:  Spunlace expansion to commence

operations in Q4 FY22

 Potential business topline: over

₹6,000 mn by FY23

FLOORING: • Hard flooring capacity doubled in

January 2021

•

Further planned capacity enhancement to be completed by Q4FY22

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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

Profit & Loss Summary

Particulars

Total Income

Growth %

EBITDA

EBITDA Margin

Depreciation

Finance cost

PBT (Before exceptional)

Exceptional Items

PAT (After Minority Interest)

Cash Profit*

EPS (₹)

Note: 1. *Cash Profit = PBDT (before exceptionals) less Current Tax 2. Prior period figures are restated wherever necessary

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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

(₹ Million)

H1FY22

47,282

47.4%

8,836

18.7%

2,023

842

5,971

-1

4,166

6,405

4.18

Balance Sheet Summary

Particulars

Net Worth

Short Term Loans

Long Term Loans

of which 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

30-Sep-21

(₹ Million)

26,057

12,580

20,228

32,807

2,538

30,269

62,962

33,641

23,734

72,249

27,793

14,080

19,024

2,870

33,104

2,821

30,283

27,412

65,456

36,154

22,210

77,423

29,721

17,717

16,704

6,378

34,421

4,803

29,618

23,064

68,825

38,105

21,828

83,103

36,447

17,452

10,962

7,112

28,414

5,087

23,327

16,215

71,305

38,042

24,536

86,778

37,917

18,704

12,348

7,634

31,052

5,719

25,332

17,699

75,443

39,460

24,943

91,940

Net Debt of Core business reduced by 46.4% in last 3 Years (FY 18 to FY21)

Note: *Capital Employed = Net worth + Gross Debt + Other long term liabilities | ^Net current assets does not include Cash & cash equivalents

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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)

FY18

1.16

2.51

4.98

1.42

1.80

0.84

15.4%

11.3%

FY19

1.09

2.64

4.46

1.25

1.81

0.84

15.2%

10.9%

FY20

1.00

2.26

4.66

1.19

1.77

0.81

16.1%

12.3%

FY21

0.64

1.64

4.89

1.33

1.93

0.85

16.3%

13.8%

Continuous improvement in ROCE in last 3 Years

Note: ▪ ROCE = EBIT / Average Capital Employed & ROE = Net Profit / Average Net worth ▪ ▪

Total asset turnover = Sales/ (Fixed assets + Gross current assets) FY17, FY19 & FY20 Return Ratios figures adjusted for Exceptional item

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Q2FY22

0.67

1.53

6.02

1.34

2.25

0.96

18.4%

16.8%

The 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.

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

Environmental

Social

Governance

 Implemented the ISO 140001 EMS

at both manufacturing sites  “SPUN” business is empowering

women in rural communities earn livelihood by making handicraft goods from Factory textile scrap - thus circular economy

 Setup 30-MLD STP to collect

sewage from 3 municipalities and use the treated sewage instead of Freshwater in production operations

 Successfully completed trials to

use Hazardous sludge from ETP as alternate fuel in Power Plant (coal replacement)

 Focus on inclusion and gender diversity – large segment of women workers in Cut-&-Sew operations

 Welspun Foundation is

established to run the CSR and philanthropic programs

 Welspun CSR initiatives are based on 3E’s – Environment & Health, Education, Empowerment  Contributed to COVID-19 relief

efforts

 Working with Cotton Farmers to enable them to grow sustainable forms of Cotton

 Initiated putting in place a broad Enterprise Risk Management framework

 Implemented the ACCESS

module in SAP to enable access of relevant data to authorized users

 Ethics framework is in place  Compliance management tool is

in place

 Innovation and intellectual property is encouraged as evidenced in 30+ patents

Water Story

Sustainable Cotton Story

Governance Framework

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ESG Journey till date…

Featured among Top 100 Sustainable companies in India by ET-Futurescape

Journey Till Date

100,000+ acres

2,240 million

1,825 MWh of electricity

55%

4,312 tons

Landbank of sustainable cotton farming

Liters of water recycled in H1FY22

Saved through energy conservation in H1

Of cotton from sustainable sources

Recycled cotton reused in process

Welspun is rated “Low Risk” on ESG factors by one of the top ESG rating agency

Welspun’s Sustainability journey now a case study on Ivey publishing website

Way Forward

Sustaianalytics

DJSI (S&P Global)

ESG Score

Score improved to 14.8 from 17.9

Expected by Nov-21

Conducting Gap-assessment and identifying measures to move to "Negligible" risk rating

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Sustainability targets

Aspects

Q2FY22

Goal 2025

Goal 2030

Key Highlights of Q1FY22

Carbon Neutral (measured as % RE)

WIP

20% RE

100% RE

100% Sustainable Cotton

56%

50%

100%

Projects Under consideration: Solar PV on STP pumping stations (1MW), Floating solar PV @ Anjar (11MW)

Increase use of wood briquettes, Rice Husks and ETP dried sludge @Anjar, WFL. Discussion with Guj. Govt. underway regarding solar power policy Sourcing of both Organic Cotton & BCI-cotton has increased (Due to increased customer demand). Also consumption of recycled cotton has picked momentum.

Fresh Water Positive in Production operations

Zero hazardous waste to Landfill (ETP chemical sludge)

Impacting 1 million lives in CSV

Farmers in Welspun sustainable farming project

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10 KL/MT

5 KL/MT

0 KL/MT

Existing treated municipal sewage use in Anjar factory continues

0 MT

Hazardous Waste used as Alternate Fuel in Power Plant, (reducing use of Coal)

60,000

500,000

1,000,000

Direct Beneficiaries reached through Wel Shiksha, We Netrutva, WSSW and We Suraksha

14,000

20,000

50,000

On track. Farmer Registrations are in process

Share Holding Summary

Shareholding Pattern (Sep 2021)

Promoter Group

FPIs

Mutual Funds/AIF

Insurance Co’s

Public

70% 7% 5% 2% 16%

Top Institutional Shareholders

DSP Mutual Fund

L&T Mutual Fund

Aditya Birla Sunlife MF

LIC of India

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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. Lokesh Pareek (Investor Relations) Christensen Advisory Lpareek@christensenir.com Mob: +91-84249 55935

welspunindia.com

TheWelspunGroup

welspungroup

Annexure

Brands – Evolving into a dominant retail player

 B a c k

Owned Brands

Brand Presence

India

Global

Brand Presence: SPACES

Licensed Brands

India

Global

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 2,300+ outlets | 240+ shop-in-shops

Brand Presence: WELSPUN

 5,200+ outlets | 100+ cities & towns

Brands Highlights

SPACES

 No 1 brand in shop-in-shops  Best brand on Myntra in home

Welspun India Limited has informed the Exchange about Investor Presentation

Market Movers