Earnings Presentation Welspun India 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
Q1 FY24
31st July 2023
NSE/BSE: 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 |
Quarterly summary | 08 |
Operational Highlights | 12 |
Quarterly Segment Results | 14 |
Profit & Loss Summary | 16 |
Financial Statements Summary | 17 |
ESG at Welspun | 19 |
Share Holding Summary | 22 |
Annexures | 25 |
2
Welspun India - Global Home Textiles Leader
Multipronged | ||
E-Commerce | ESG Focused | |
Strategy to | organization with | |
accelerate | ||
well-defined | ||
growth & capture | ||
principles, | ||
Diversified Brand & License Portfolio | larger share of the | |
roadmap and | ||
fast-growing market | targets | |
Welspun India Ltd (WIL),
part of $2.3 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.
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
Tamper-proof Blockchain platform for state-of-the- art transparency for All Fibers & All Product Categories
- certified woman owned business
with >25% women in a 24,000+ strong workforce
WIL is differentiated by its strategy based on Branding, Innovation and Sustainability.
3
Management Commentary
- I am very delighted to share that the Company has achieved highest EBITDA% in last seven quarters, clocking 15.4% in Q1, nearly doubling and up by 97% YoY. With the relatively increased order inflows from big box retailers with de-stockingbeing over at their end we have recorded revenue growth of 12% for Q1 FY 24. Similarly all our emerging business are also on a growth path with Flooring business growing by 33%.
Our Domestic consumer brand Welspun continued to be the most widely distributed Home Textile brand in the country with presence in 500+ towns and 13,265+ outlets (up by 2092 in Q1), a reach not hitherto achieved by any home textile player in India.
Welspun has remained at the forefront in its ESG practices with world and industry leading metrices. Welspun India's endeavour to keep ESG at the core of all operations has improved its "Sustainalytics" rating to 11.3. The rating elevated WIL into TOP 10 of the 202 participating companies worldwide in the "Sustainalytics" rating.
w e l s p u n i n d i a . c o m
Ms. Dipali Goenka | 4 |
Managing Director & CEO , Welspun India Limited |
AWARDS & RECOGNITION
Feathers in our cap
Ms. Dipali Goenka Chaired advisory board of the 10th edition of The Economic Times
WIL as the 'Most Preferred Workplace of 2023-24' by Team Marksmen Network
Domestic - Business Excellence 2023 Award by Outlook Business
Golden Peacock Eco Innovation award, 2023 for Welspun Flooring Ltd
Brand Welspun wins Prestigious Brand of Asia award (textile) out of 50 brands selected from various domains
Excellent Supplier Award, 2023: Excellence in Product Development by Nitori
Brand SPACES campaign wins ET Ascent Star Industry Award in the 'best use of social media marketing" category for the Chief Style Officer 3.0 campaign.
SCM & Logistics
Summit, 2023
Welspun Indian Tops Home Textile Manufactures in Sustainalytics Rating
WIL has been reckoned as one of the best managed companies 2022 by Deloitte
Welspun India received the Platinum Award in the "Sustainability" category at the "Apex Green Leaf Awards 2022"
Highest Exports 2010- 2021
Platinum award for Highest global exports. Winning for 11 years in a row
and many more…
Welspun Indian's endeavour to keep ESG at the core of all operations has improved its sustainability rating to 11.3. The rating elevated WIL into TOP 10 of the 202 participating companies worldwide in the Sustainalytics rating.
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Welspun India Limited published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 10:52:01 UTC.