Welspun Living Limited · NSE:WELSPUNLIV
Welspun Living — Q2 FY26 Earnings Presentation
26 slides from Welspun Living's earnings presentation, Nov 12, 2025
Slide 1: Exchange filing cover letter under Regulation 30
WLL/SEC/2025 November 12, 2025 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 Welspun Living Limited Q2 FY26
Earnings Presentation Welspun Living Limited Home Textile | Advance Textile | Flooring Q2 FY26 12th November, 2025 NSE/BSE: WELSPUNLIV Bloomberg: WLSI:IN Reuters: WLSP.NS
Slide 3: Inside this Presentation
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 Profit & Loss 14 Quarterly Segment Results 15 Financial Statements Summary 16 ESG at Welspun 20 Share Holding S
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 “Q2FY26 remained challenging with continued tariff overhang in the US market, further dampening sentiment and retailer offtake. Consolidated revenue declined 16.4% YoY, as all business segments witnessed moderation on a high base, though sequentially improved by 7.3%. Margins c
Slide 6: Awards & Recognition
AWARDS & RECOGNITION Feathers in our cap Welspun Living’s Recognized among the Top 50 Best Workplaces for Women 2025 Welspun Living ranks 10th in India’s Best Companies to Work For 2025 Along with other three categories: Best Workplaces Building a Culture of Innovation by Al, India’s Best Workplaces
Slide 7: Strong Global Presence
STRONG GLOBAL PRESENCE KEY CUSTOMER PARTNERSHIP North America UK & Europe India ROW 60 Countries IKEA Over Presence welspunliving.com 6
Slide 8: Key Highlights
KEY HIGHLIGHTS Brands ESG C lick the Ico ns to k no w m o re Total Income in Q2 FY26 is ₹ 24,557 mn EBIDTA Q2FY26 ₹ 1,681 mn @ 60% down declined by 16.4% YoY 748 bps Home Textile Exports Business declined Overall Flooring Business in Q2 FY26 15.4% YoY in Q2FY26 with EBITDA margin recorded
Slide 9: Financials Highlights
FINANCIALS HIGHLIGHTS 12.6% 15.6% 4.8% 7.2% (₹ Million) Quarterly Highlights 1HFY26 Highlights 29,360 55,245 47,401 4,206 8,140 24,557 3,865 16.4% 14.2% 2,010 4,224 1,681 1,005 130 14.1% 15.5% 6.8% 14.3% 8.9% 14.7% 2.1% 6.0% 6.3% 7.0% 7.4% 0.5% 6.8% 3.8% Sales EBITDA PAT Sales EBITDA PAT Q2 FY26 Q2
Slide 10: Quarterly Highlights
QUARTERLY HIGHLIGHTS (₹ Million) Particulars 30-Sep-25 30-Jun-25 30-Sep-24 Net Worth 48,265 50,042 45,575 Short Term Loans 13,730 13,469 18,642 Long Term Loans 10,139 10,130 10,144 Gross Debt 23,869 23,599 28,786 Cash & Cash Equiv. 8,165 9,588 10,463 Net Debt 15,703 14,010 18,323 Total Assets 1,03,2
Slide 11: Sales Highlights – Channel Wise
SALES HIGHLIGHTS – CHANNEL WISE (₹ Million) B2B Branded# Revenue Global* Global* Domestic Domestic Innovation Others Online Offline Online Offline Q2 FY26 4,390 12,265 1,165 898 1,978 20 1,416 Sales Contribution (%) 20% 55% 5% 4% 9% 0% 6% Q1 FY26 5,494 9,917 1,201 629 1,742 41 1,188 Sales Contributi
Slide 12: 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 Q2 FY26 15,528 3,009 918 1,126 1,166 385 Sales Contribution (%) 70% 14% 4% 5% 5% 2% Q1 FY26 14,133 2,555 670 1,034 1,446 3
Slide 13: Operational Highlights
OPERATIONAL HIGHLIGHTS Manufacturing Capacity & Utilization Annual Utilization Utilization Utilization Particulars UOM Q2FY26 Q1FY26 Q2FY25 Capacity (%) (%) (%) Bath Linen MT 96,400* 18,334 76% 19,706 88% 21,676 96% Bed Linen Mn mtrs 108 20.2 75% 18.1 67% 25.7 95% Home Rugs & Carpets Mn sq mtrs 12 2
Slide 14: Operational Highlights
OPERATIONAL HIGHLIGHTS Manufacturing Capacity & Utilization Annual Utilisation Utilization Particulars UOM H1FY26 H1FY25 Capacity (%) (%) Bath Linen MT 96,400* 38,040 79% 42,731 95% Bed Linen Mn mtrs 108 38.3 71% 44.3 82% Home Rugs & Carpets Mn sq mtrs 12.0 4.8 80% 5.6 93% Textile Advanced Textile S
Slide 15: Quarterly Profit & Loss
QUARTERLY PROFIT & LOSS (₹ Million) Particulars Q2FY26 Q2FY25 YoY Change Q1FY26 QoQ Change Total Income 24,557 29,360 (16.4%) 22,895 7.3% EBITDA 1,681 4,206 (60.0%) 2,543 (33.9%) EBITDA Margin (%) 6.8% 14.3% (748 bps) 11.1% (426 bps) Finance Cost 434 549 (21.0%) 425 2.1% Depreciation 1,009 856 18.0%
Slide 16: Quarterly Segment Results
QUARTERLY SEGMENT RESULTS (₹ Million) Revenue Segmentation (%) YoY QoQ YoY Particulars Q2 FY26 Q2 FY25 Q1 FY26 1H FY26 1H FY25 Change Change Change Q2 FY26 Home Textile Revenue 23,216 27,128 (14.4%) 21,235 9.3% 44,451 51,001 (12.8%) EBITDA 1523 3742 (59.3%) 2232 (31.8%) 3754 7226 (48.0%) EBITDA Marg
Slide 17: Summary of Financial Statements
Summary of Financial Statements Welspun Experience Centre, Hyderabad 16
Slide 18: Profit & Loss Summary
PROFIT & LOSS SUMMARY (₹ Million) Particulars FY21 FY22 FY 23 FY 24 FY25 H1 FY26 Total Income 74,080 93,773 82,151 98,251 1,06,972 47,401 Growth YoY* % 8.4% 26.6% (11.4%) 19.6% 8.9% (14.2%) EBITDA 14,198 14,246 8,739 15,147 14,507 4,224 EBITDA Margin 19.2% 15.2% 10.6% 15.4% 13.6% 8.9% Depreciation 4
Slide 19: Balance Sheet Summary
BALANCE SHEET SUMMARY (₹ Million) Particulars 31-Mar-21 31-Mar-22 31-Mar-23 31-Mar-24 31-Mar-25 30-Sep-25 Net Worth 36,447 39,717 40,878 45,158 48,211 48,265 Short Term Loans 17,452 19,742 12,342 15,665 14,552 13,730 Long Term Loans 10,962 12,142 11,162 9,540 10,134 10,139 Gross Debt 28,414 31,884 2
Slide 20: Ratios Summary
RATIOS SUMMARY FY21 FY22 FY23 FY24 FY25 H1 FY26 Net Debt/Equity 0.64 0.56 0.38 0.30 0.33 0.33 Solvency Net Debt/EBITDA 1.64 1.56 1.76 0.90 1.10 1.48 ratios EBIT/Interest 4.89 7.65 3.32 7.30 4.95 3.31 Current ratio 1.33 1.37 1.66 1.72 1.68 1.61 Fixed asset turnover 1.93 2.33 2.14 2.63 2.50 2.33 Total
Slide 21: Welspun ESG Way: Encompassing All Stakeholders
WELSPUN ESG WAY: ENCOMPASSING ALL STAKEHOLDERS Environmental Social Governance Welspun is going through Implemented ISO 14001 Environmental Engaged with Cotton Farmers to Board Committee on ESG a major transformation where we are Management Systems at four grow sustainable Cotton (Better embed
Slide 22: Sustainability Initiatives – Growing Business Responsibly
SUSTAINABILITY INITIATIVES – GROWING BUSINESS RESPONSIBLY DJSI ratings Sustainalytics Eco Vadis Crisil ratings Welspun Living’s Sustainability case study is now a part of a curriculum Score improved from 59 to 66 to across universities in US, Canada, 83 (Feb’25) Score 44 to 74 (Oct’25) France, Europ
Slide 23: Sustainability – Progress Against Targets
SUSTAINABILITY – PROGRESS AGAINST TARGETS Aspects FY25 Q2 FY26 Goal 2025 Goal 2030 Carbon Neutral (measured as % RE) 30% 21% 20% 100% 100% Sustainable Cotton 76% 97% 50% 100% Fresh Water (+) in Production 11.3 12.3 5 0 operations (KL/MT) Zero hazardous waste to Landfill 66.1 16.4 0 0 (MT) Impacting
Slide 24: Shareholding Summary
SHAREHOLDING SUMMARY Shareholding Pattern (Sep 2025) Top Institutional Shareholders Promoter Group 66.2% SBI LIFE Insurance Co FPIs 5.0% LIC of INDIA Mutual Funds 2.6% Quant Mutual Fund Insurance Co’s 6.0% Vanguard Public 19.8% HSBC Mutual Fund Other 0.4% welspunliving.com 23
Slide 25: 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 26: Let's connect
Let’s connect For further details please contact Ms. Bharti Agarwal Welspun Living – Investor Relations Bharti_agarwal@welspun.com Mr. Salil Bawa Welspun Group – Investor Relations Salil_bawa@welspun.com Connect with us: /TheWelspunworld /WelspunWorld /welspungroup /company/welspunworld