Welspun Living : Investor Presentation April 2024

Investor 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

APRIL 2024

NSE/BSE: WELSPUNLIV

Bloomberg: WLSI:IN

Reuters: WLSP.NS

Inside this Presentation

Welspun Group	03
Welspun Living	04
Market Opportunity	13
Welspun 2.0	18
Brands	21
Advanced Textile	28
Flooring Solution	29
Innovation	31
Digitalization	32
ESG	34
Robust Financial Performance	38
Prudent Capital Allocation Strategy	43
Investment Rationale	46

2

Global Conglomerate

The USD 3 Bn Welspun Group is one of India's fastest growing global conglomerates with business interests in Line Pipes, Home Textiles, Infrastructure, Steel, Advanced Textiles, Warehousing and Flooring solutions.

The group has a strong foothold in
50+ countries and its clientele
includes Fortune 500 companies.
USD 3.6Bn	USD 1.8Bn
Revenue	Net Fixed Assets
30,000+	9
Workforce	Manufacturing
	Facilities in India,
	USA, and Saudi
	Arabia.

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Global leader in Home Textiles

Amongst world's largest Line-Pipemanufacturers

Robust portfolio of Roads & Water Infra projects

Integrated Grade-AWarehousing Solutions

3

Welspun Living - Who are we?

WELSPUN LIVING - GLOBAL HOME TEXTILES LEADER

	Multipronged
	E-Commerce
	Strategy to
	accelerate
	growth & capture
Diversified Brand & License Portfolio	larger share of the
	fast-growing market

Strong Emerging

Businesses:

ESG Focused

organization with well-defined principles, roadmap and targets

A certified

woman owned

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

• 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

business

with >25% women in a 24,000+ strong workforce

by its strategy based on Branding, Innovation and Sustainability.

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5

STRONG GLOBAL PRESENCE

KEY CUSTOMER PARTNERSHIP

North America

UK & Europe

India

	ROW
Over50	IKEA
Countries
Presence
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360 degrees capabilities from Farm to Shelf

6. Environment,	1. Consumer
Social,	Research &
Governance	Innovation
(ESG)

5. Sales &	3600 Value Chain	2. Integrated
Management
Marketing
Manufacturing
Support

4. Digital	3. SCM &
& Analytics	Warehousing

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1. Well Researched Innovative Offerings backed by deep Consumer understanding
2. Vertically integrated facilities with seamless connectivity to Global Supply chains
3. Global Distribution footprint
4. Digital Transformation across the organization
5. Strengthening Brand portfolio & Omni-channel capabilities
6. Socially Responsible, Sustainability Focused

7

Vertically Integrated presence with Significant Capabilities

Particulars	UOM	Annual Capacity

Bath Linen

MT

90,000

			Bed Linen			Mn mtrs			108
Home Textile Rugs & Carpets			Mn sq mtrs	12
			Advanced Textile
			Spunlace			MT			27,729
			Needle Punch			MT			3,026
			Wet Wipes			Mn Packs			100
			Particulars	UOM			Annual Capacity
Flooring				Installed	Effective
Solutions
	Flooring	Mn sq mtrs		27		18

New Capex

• Jacquard & Fashion Towel: Brownfield investment of ₹326 crore at Anjar, increasing towel capacity by 6400 MTPA to 96400 MTPA
• Pillow Factory: Greenfield investment of US $12.5 mln to set up a fully automated pillow mfg unit at Ohio, USA of annual capacity of 6.7 mln pillows, tapping near shore opportunities.

Watch Welspun Manufacturing

Facility Tour

8

ENHANCING CAPACITY; TAPPING OPPORTUNITY

JACQUARD TOWEL FACILITY

BROWNFIELD

Location	Anjar
Additional Capacity	6400 MTPA
Additional Revenue Potential - FY 26	₹ 400 cr
Operational	1st November
2024

1. Increased Market penetration in Beach & Fashion Category

1. Category Expansion in Kitchen and Bath robes to offer one stop solution

o Beach & Fashion Towels US Market - $3 bn

PILLOW

GREENFIELD

Location	Ohio (USA)
New Capacity	6.7 Mn Pillows
Revenue Potential - FY 27	US $ 50 Mn
Operational	30th September
2024

1. 2nd most sold category after bath towels under Home Textile

1. 250 Mn units sold in 2022 est.

1. US Market Sales roughly $2.8 Bn in 2022

1. Projected growth to $ 3.6 Bn by 2026

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o Tapping nearshoring opportunities

9

AWARDS & RECOGNITION

Feathrs in our cap

Welspun Living Limited has been	Won "Supplier of the year"
certified as a Great Place to Work!
award 2023 from JYSK

Won GOLD Vision Awards in LACP's AR	Honored with Federation of
Indian Export Org. (FIEO) Export
Competition for FY23	Excellence Award

Best Managed Company by Deloitte - won in 2 years in a row

Platinum Award by Apex India

Foundation Award'23 for Excellence

in Corporate Ethics in textile sector

Ms. Dipali Goenka	Ms. Dipali Goenka featured
featured among the list	amongst the most influential
of 2024 CNBC's	women 2024 by Business
Changemakers: Women	World under Industry
transforming business	Captains Category

Brand Welspun wins Prestigious Brand of Asia award (textile) out of 50 brands selected from various domains

WLL as the 'Most Preferred Workplace of 2023-24' by Team Marksmen Network

Highest Exports 2010- 2021

Platinum award for Highest global exports. Winning for 11 years in a row

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and many more…	10