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
Q3 FY22
3rd Feb 2022
NSE: WELSPUNIND
Bloomberg: WLSI:IN
Reuters: WLSP.NS
Inside this
Presentation
Executive Summary
03
Management Commentary
04
Awards & Recognition
05
Global Presence
06
Key Highlights
07
9MFY22 Summary
08
Quarterly Summary
09
Operational Highlights
13
Quarterly Segment Results
16
Enhancing Capacity; Catering to Growing Demand
17
Profit & Loss Summary
19
Financial Statements Summary
20
ESG at Welspun
22
Share Holding Summary
25
Annexures
28
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
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-integratedmanufacturing facilities located in India, Welspun is strategic partners with top global retailers.
Strong Emerging
Businesses:
Flooring Solutions disrupting the world of flooring
Advanced Textiles dealing with innovative product applications
w e l s p u n i n d i a . c o m
Thought leader
Collaboration with
INFINICHAINS Tamper-proof Blockchain platform for state-of-the-art transparency for All Fibers & All Product Categories
#1 Ranking
A certified
Consistently as
woman owned
Home Textile
business
Supplier to USA.*
with >25% women
in a 20,000+ strong
1 in 4 Towels &
workforce
1 in 7 Sheets Sold
in US made by Welspun**
Note:
*Source: HTT Magazine
** Source: OTEXA data
WIL is differentiated by its strategy based on Branding, Innovation and Sustainability.
3
Management Commentary
We are delighted to share yet another resilient performance during the quarter despite unprecedented challenges faced by the World at large. Domestic Retail business achieved its highest ever 100 cr+ revenues during the quarter. Our emerging businesses have shown substantial growth momentum with Flooring achieving its highest quarterly revenues and Licensed Brand & E-Commerce business growing by over 66% in the US market.
The operating environment continued to remain trying with an unparalleled highest ever commodity price increase and global supply chain disruptions. The strong growth and improvement in sentiments that we have been witnessing during the year also got a bit impacted by the arrival of the third Covid wave, the effect of which has been mild, though, so far. We are, however, very focused to achieve sustainable growth in all our markets.
Sustainability and ESG remains at the core of what we do. I am happy to note that in
our 2021 ESG rating with DJSI Sustainability Index, we achieved a score of 48, which is 62% higher than the industry average.
Ms. Dipali Goenka
CEO & Joint Managing Director, Welspun India Limited
w e l s p u n i n d i a . c o m
4
Awards & Recognition
Dow Jones Sustainability Index rates Welspun's with an ESG score of 48, 62% higher than the average industry score
Spun by Welspun recognized as one of
the top 100 corporate-ready social
enterprises, globally by WEF
w e l s p u n i n d i a . c o m
Frost & Sullivan and TERI awarded
Welspun's under 2 categories at the
Sustainability 4.0 Awards
Welspun Group's
new Corporate Ad
Won National Water Award 2020 (1st
film captured
prize) in Best Industry Category
audience's mind
5
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Disclaimer
Welspun India Limited published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2022 12:05:06 UTC.
Welspun Living Limited is an India-based company, which is engaged in the textile business. The Company manufactures a range of home textile products, primarily terry towels, bed linen products, rugs, and flooring products. The Company operates through two segments: Home Textiles, and Flooring. Home Textiles segment includes towels, bathrobes, bath rugs/mats, area rugs, carpet, bedsheets, utility bedding and fashion bedding. The Flooring segment includes tiles and Grass tiles. The Company provides a range of solutions, including flooring solutions, advanced textiles, e-commerce, hospitality, and wellness. The Company's flooring products include Silver Striped Oak, Aged Oak, Brown Elm, Baked Terracotta. The Company's brands include Christy, Spaces, Welspun, Welspun Health, Martha, Welhome, SPUN and Scott Living. The Company's subsidiaries include Welspun Mauritius Enterprises Limited, CHT Holdings Limited, TILT Innovations Inc, Welspun Nexgen Inc, and Welspun Flooring Limited.