Welspun Living Limited – Investor Presentation Summary

Key Operational Highlights

  • Total workforce: 24,000+ employees with 28% women representation
  • Global innovation leadership with 50 patents
  • US market position: Rank 1 in Towels & Bath Rugs, Top 2 in Sheets
  • Certified Woman Owned business

Key drivers of operational performance: Vertically-integrated manufacturing facilities, strategic partnerships with top global retailers, focus on branding and innovation

Segment-wise Performance

  • Home Textiles: Revenue ₹2,689 Cr (15.8% YoY growth), EBITDA ₹323 Cr, Margin 12.0% (+546 bps YoY)
  • Flooring: Revenue ₹216 Cr (19.3% YoY growth), EBITDA ₹23 Cr, Margin 10.8% (+876 bps YoY)
  • Pillow Business: Grew 2.4X YoY
  • Advanced Textiles: Includes Spunlace, Needle punch and Wet wipes

Explanation of significant changes in segment performance: Home Textiles growth driven by strong export performance (18.3% YoY growth) and domestic business growth (28.2% YoY). Flooring margin expansion reflects strategic realignment, operational improvements and focus on profitable growth.

Financial Highlights

Revenue: ₹2,870 Cr

EBITDA: ₹370 Cr

PAT: ₹169 Cr

EPS: ₹1.80 (Not Annualized)

Margins: EBITDA Margin 12.9%, PAT Margin 5.9%

YoY/QoQ comparison: Revenue up 16.9% YoY and 1.5% QoQ; EBITDA up 120% YoY and 4.5% QoQ; PAT up significantly YoY and 5.2% QoQ

Drivers of financial performance: Higher revenue growth, operational efficiencies, working capital efficiency

Cash Profit: ₹273 Cr (up 148% YoY)

Finance Cost: ₹34 Cr (down 21.8% YoY)

Depreciation: ₹103 Cr (up 1.8% YoY)

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not Specified in detailed breakdown

Overall business shows Home Textiles exports growing 18.3% YoY and Domestic business growing 28.2% YoY

Balance Sheet Snapshot

Net Worth: ₹5,066 Cr (Sep-26)

Gross Debt: ₹1,905 Cr (Short Term: ₹902 Cr, Long Term: ₹1,003 Cr)

Cash & Equivalents: ₹1,906 Cr

Net Debt: (₹2) Cr (net cash position)

Total Assets: ₹11,041 Cr

Net Debt/Equity: 0.00x (vs 0.16x in Mar'26)

Cash Conversion Cycle: 44 days (vs 82 days in Mar'26)

ROE: 13.4% (vs 4.2% in Mar'26)

ROCE: 12.7% (vs 5.6% in Mar'26)

Financial Health Insights: Strong cash flow generation, improved liquidity, movement to net-cash position enhances financial flexibility

Capex & Cash Flow Health

Capital Expenditure: Not Specified

Free Cash Flow: Not Specified

Operating Cash Flow: Not Specified

Net Debt Movement: Improved from net debt of ₹775 Cr in Mar'26 to net cash of (₹2) Cr in Sep-26

Strategic & R&D Initiatives

Investments in Innovation: 50 patents globally, 46% growth YoY in innovation contribution

Expected impact on growth: Innovation contributes 25% to revenue

Strategic Rationale: Building a resilient, diversified, sustainability-led home solutions company

Industry Trends & Business Environment

Macro/Industry Trends: India is the largest exporter of cotton terry towel and sheets to US; West Asia conflict keeps Brent volatile; fibre & freight costs a swing factor; India-US BTA in advanced talks; India-UK FTA LIVE (Jul'26); India-EU FTA concluded Jan'26; India-NZ FTA LIVE (Oct'26)

Impact on Company: India's competitive position as strong, stable, sustainable sourcing hub; expanding FTA network covering markets exceeding $85 Bn

Management Commentary & Growth Outlook

Strategic Outlook: "We have achieved a significant milestone in strengthening our balance sheet, moving to a net-cash position. This reflects our continued focus on cash generation, working capital efficiency and disciplined capital allocation, enhancing our financial flexibility and capacity to invest in strategic growth opportunities." - Ms. Dipali Goenka, Managing Director & CEO

FY Guidance: Priorities include sustaining double-digit revenue growth, maintaining EBITDA margins in the low teens, improving returns on capital and generating strong cash flows

Risks and Opportunities: Evolving global operating environment; raw material and freight cost volatility

Sustainability Updates

ESG Leadership: Global Rank 1 in S&P Global ESG Ranking for Textile, Apparel & Luxury Goods (Score 90/100)

Environmental Targets: Carbon Neutral (% RE) at 34% (Goal 2030: 100%); 100% Sustainable Cotton at 90% (Goal 2030: 100%); Fresh Water in Production operations at 10.0 KL/MT (Goal 2030: 0); Zero Hazardous Waste at 38.15 MT (Goal 2030: 0)

Social Impact: Impacting 515,000 lives in CSV (cumulative); 25,266 farmers in sustainable farming (cumulative)