Welspun Living Limited · NSE:WELSPUNLIV
Welspun Living — Q3 FY26 Earnings Presentation
28 slides from Welspun Living's earnings presentation, Feb 12, 2026
Slide 1: Regulation 30 disclosure cover letter to exchanges
WLL/SEC/2026 February 12, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department SP. J. Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 (Scrip Code-514162) (Symbol: WELSPUNLIV
Slide 2: Earnings Presentation Q3 FY26
Earnings Presentation Welspun Living Limited Home Textile | Advance Textile | Flooring Q3 FY26 12th February, 2026 NSE/BSE: WELSPUNLIV Bloomberg: WLSI:IN Reuters: WLSP.NS
Slide 3: Inside this Presentation
Inside this Presentation Executive Summary 03 Management Commentary 04 Operating environment 05 Awards & Recognition 07 Global Presence 08 Key Highlights 09 Quarterly summary 10 Operational Highlights 14 Quarterly Profit & Loss 16 Quarterly Segment Results 17 Financial Statements Summary 18 ESG at W
Slide 4: Welspun Living - Global Home Textiles Leader
WELSPUN LIVING - GLOBAL HOME TEXTILES LEADER Global leader in Home solutions • Highest export across the globe from India (Texprocil) • Market leadership - Rank 1 in Towels and Bath rugs and Top 2 in sheets. Welspun Living Ltd (WLL), part of $3.6 bn Welspun Group, is a global leader in the Home Text
Slide 5: Management Commentary
MANAGEMENT COMMENTARY “Q3 FY26 remained challenging, with US tariff headwinds and cautious customer ordering impacting demand visibility. Revenue declined 9.9% YoY, while EBITDA margin stood at 7.7%, expanding sequentially, supported by sustained cost actions and operational discipline. Domestic bus
Slide 6: The Tariff Tango: Dancing Through Shifting Trade Winds
THE TARIFF TANGO: DANCING THROUGH SHIFTING TRADE WINDS Reciprocal Tariff: relative advantage India: Strong, Stable, Sustainable Sourcing Hub Announced in Feb: India 18% 27.5% reciprocal potential tariff of 18% India-US Trade deal announced Pakistan 19% Economic Trade Strength Agreements Bangladesh 1
Slide 7: Expanding FTA Network: Improving India's Competitiveness
EXPANDING FTA NETWORK: IMPROVING INDIA’S COMPETITVENESS Canada CEPA UK FTA ~$ 1.5 Bn* $ 4-5 Bn* EU FTA $ 25-30 Bn* US BTA ~$ 35-40 Bn* UAE CEPA ASEAN $ 1-1.5 Bn* Regions ~$ 15 Bn* GCC/ ME $ 2-2.5 Bn* Australia ECTA $ 2-2.5 Bn* FTAs under active discussion New Zealand FTA $ 300 FTAs implemented/signe
Slide 8: Awards & Recognition
AWARDS & RECOGNITION Feathers in our cap Welspun Living Advanced Textiles clinches the prestigious Gold Award in the MediTech category at the MATEXIL Exports Awards 2025 WLL is recognised among the Top WLL received the prestigious IGBC 50 Companies at the CII Industrial Platinum Award, a recognition
Slide 9: Strong Global Presence
STRONG GLOBAL PRESENCE KEY CUSTOMER PARTNERSHIP North America UK & Europe India ROW 60 Countries IKEA Over Presence welspunliving.com 8
Slide 10: Key Highlights
KEY HIGHLIGHTS Brands ESG C lick the Ico ns to k no w m o re Total Income in Q3 FY26 is ₹ 22,766 mn EBIDTA Q3FY26 ₹ 1,747 mn @ 45.2% declined by 9.9% YoY down 493 bps Home Textile Exports Business declined 8.9% YoY in Q3FY26 with EBITDA margin of Overall Flooring Business in Q3 FY26 8.5% r
Slide 11: Financials Highlights
FINANCIALS HIGHLIGHTS 12.6% 15.6% 4.8% 7.2% (₹ Million) Quarterly Highlights 9MFY26 Highlights 25,277 80,491 70,167 11,326 22,766 3,185 5,073 9.9% 12.8% 1,208 5,971 1,747 1,007 14.1% 15.5% 7.7% 12.6% 2 8.5% 14.1% 1.4% 6.0% 6.3% 6.3% 7.4% 4.8% 0.01% 3.8% Sales EBITDA PAT Sales EBITDA PAT Q3 FY26 Q3 F
Slide 12: Quarterly Highlights
QUARTERLY HIGHLIGHTS (₹ Million) Particulars 31-Dec-25 30-Sep-25 31-Dec-24 Net Worth 48,434 48,265 46,581 Short Term Loans 11,623 13,730 17,691 Long Term Loans 10,350 10,139 10,274 Gross Debt 21,974 23,869 27,965 Cash & Cash Equiv. 8,653 8,165 11,381 Net Debt 13,321 15,703 16,584 Total Assets 1,02,6
Slide 13: Sales Highlights – Channel Wise
SALES HIGHLIGHTS – CHANNEL WISE (₹ Million) B2B Branded# Revenue Global* Global* Domestic Domestic Innovation Others Online Offline Online Offline Q3 FY26 4,528 9,965 1,481 721 1,734 53 1,672 Sales Contribution (%) 22% 49% 7% 4% 9% 0% 8% Q2 FY26 4,390 12,265 1,165 898 1,978 20 1,416 Sales Contributi
Slide 14: Sales Highlights – Business Wise
SALES HIGHLIGHTS – BUSINESS WISE (₹ Million) Flooring Business Home Textile Business Revenue Advanced HT - B2B HT – Branded HT - E-Com Flooring – B2B Flooring – Branded Textiles Q3 FY26 13,743 2,927 774 982 1,248 479 Sales Contribution (%) 68% 15% 4% 5% 6% 2% Q2 FY26 15,528 3,009 918 1,126 1,166 385
Slide 15: Operational Highlights
OPERATIONAL HIGHLIGHTS Manufacturing Capacity & Utilization Annual Utilization Utilization Utilization Particulars UOM Q3FY26 Q2FY26 Q3FY25 Capacity (%) (%) (%) Bath Linen MT 96,400* 17,827 74% 18,334 76% 17,747 79% Bed Linen Mn mtrs 108 20.5 76% 20.2 75% 21.0 78% Home Rugs & Carpets Mn sq mtrs 12 2
Slide 16: Operational Highlights
OPERATIONAL HIGHLIGHTS Manufacturing Capacity & Utilization Annual Utilisation Utilization Particulars UOM 9MFY26 9MFY25 Capacity (%) (%) Bath Linen MT 96,400* 55,867 77% 60,478 90% Bed Linen Mn mtrs 108 58.8 73% 65.3 81% Home Rugs & Carpets Mn sq mtrs 12.0 7.0 78% 8.1 90% Textile Advanced Textile S
Slide 17: Quarterly Profit & Loss
QUARTERLY PROFIT & LOSS (₹ Million) Particulars Q3FY26 Q3FY25 YoY Change Q2FY26 QoQ Change Total Income 22,766 25,277 (9.9%) 24,557 -7.3% EBITDA 1,747 3,185 (45.2%) 1,681 3.9% EBITDA Margin (%) 7.7% 12.6% (493 bps) 6.8% 83 bps Finance Cost 391 623 (37.3%) 434 -9.8% Depreciation 1,022 982 4.1% 1,009
Slide 18: Quarterly Segment Results
QUARTERLY SEGMENT RESULTS (₹ Million) Revenue Segmentation (%) YoY QoQ YoY Particulars Q3 FY26 Q3 FY25 Q2 FY26 9M FY26 9M FY25 Change Change Change Q3 FY26 Home Textile Revenue 21,752 22,818 (4.7%) 23,216 (6.3%) 66,203 73,819 (10.3%) EBITDA 1,597 2,864 (44.2%) 1,523 4.9% 5,351 10,090 (47.0%) EBITDA
Slide 19: Summary of Financial Statements
Summary of Financial Statements Welspun Experience Centre, Hyderabad 18
Slide 20: Profit & Loss Summary
PROFIT & LOSS SUMMARY (₹ Million) Particulars FY21 FY22 FY 23 FY 24 FY25 9M FY26 Total Income 74,080 93,773 82,151 98,251 1,06,972 70,167 Growth YoY* % 8.4% 26.6% (11.4%) 19.6% 8.9% (12.8%) EBITDA 14,198 14,246 8,739 15,147 14,507 5,971 EBITDA Margin 19.2% 15.2% 10.6% 15.4% 13.6% 8.5% Depreciation 4
Slide 21: Balance Sheet Summary
BALANCE SHEET SUMMARY (₹ Million) Particulars 31-Mar-21 31-Mar-22 31-Mar-23 31-Mar-24 31-Mar-25 31-Dec-25 Net Worth 36,447 39,717 40,878 45,158 48,211 48,434 Short Term Loans 17,452 19,742 12,342 15,665 14,552 11,623 Long Term Loans 10,962 12,142 11,162 9,540 10,134 10,350 Gross Debt 28,414 31,884 2
Slide 22: Ratios Summary
RATIOS SUMMARY FY21 FY22 FY23 FY24 FY25 9M FY26 Net Debt/Equity 0.64 0.56 0.38 0.30 0.33 0.28 Solvency Net Debt/EBITDA 1.64 1.56 1.76 0.90 1.10 1.46 ratios EBIT/Interest 4.89 7.65 3.32 7.30 4.95 2.92 Current ratio 1.33 1.37 1.66 1.72 1.68 1.64 Fixed asset turnover 1.93 2.33 2.14 2.63 2.50 2.26 Total
Slide 23: Welspun ESG Way: Encompassing All Stakeholders
WELSPUN ESG WAY: ENCOMPASSING ALL STAKEHOLDERS Environmental Social Governance Welspun is going through Achieves Global No. 1 Rank in DJSI Engaged with Cotton Farmers to Board Committee on ESG a major transformation where we are ESG Ratings (S&P CSA 2025) in the grow sustainable Cotton (Better
Slide 24: Sustainability Initiatives – Growing Business Responsibly
SUSTAINABILITY INITIATIVES – GROWING BUSINESS RESPONSIBLY DJSI ratings Eco Vadis CDP ratings Welspun Living’s Sustainability case study is now a part of a curriculum Score improved from 83 to 90 (Dec’25) Score 44 to 74 (Oct’25) across universities in US, Canada, Global Rank 1 in Textile, Apparel & W
Slide 25: Sustainability – Progress Against Targets
SUSTAINABILITY – PROGRESS AGAINST TARGETS Aspects FY25 Q3 FY26 Goal 2026 Goal 2030 Carbon Neutral (measured as % RE) 30% 22% 20% 100% 100% Sustainable Cotton 76% 89% 50% 100% Fresh Water (+) in Production 11.3 12.9 5 0 operations (KL/MT) Zero hazardous waste to Landfill 66.1 17.2 0 0 (MT) Impacting
Slide 26: Shareholding Summary
SHAREHOLDING SUMMARY Shareholding Pattern (Dec 2025) Top Institutional Shareholders Promoter Group 66.2% SBI LIFE Insurance Co FPIs 5.0% HSBC Mutual Fund Mutual Funds 4.4% LIC of INDIA Insurance Co’s 6.0% Quant Mutual Fund Public 18.0% Vanguard Other 0.4% welspunliving.com 25
Slide 27: Disclaimer
DISCLAIMER The information contained in this presentation is provided by Welspun Living 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
Slide 28: Let's connect
Let’s connect For further details please contact Mr. Manish Bansal President (Finance) & CFO Welspun Living Limited Manish_bansal@welspun.com Ms. Bharti Agarwal Lead Investor Relations Welspun Living Limited Bharti_agarwal@welspun.com Connect with us: /TheWelspunworld /WelspunWorld /welspungroup /co