WELSPUN INDIA LTD. - 514162 - Re-Opening Of Trading Window
With reference to our letter no. WIL/SEC/2022 dated March 31, 2022, please note the trading window for dealing in the securities of the Company by the Insiders, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015 shall re-open from Friday, May 13, 2022. WELSPUN INDIA LTD. - 514162 - Date Of Closure Of Transfer Book As Per Regulation 42 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015.
Book Closure: Monday, June 27, 2022 to Tuesday, June 28, 2022 (both days inclusive) Purpose: For the purpose of determining the shareholders eligible for dividend, if any, declared by the shareholders of the Company at the Annual General Meeting and for the purpose of Annual General Meeting. WELSPUN INDIA LTD. - 514162 - Record Date Declaration Of Dividend
Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, it is further notified that the Company has fixed June 28, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for declaration of dividend. WELSPUN INDIA LTD. - 514162 - Corporate Action-Board approves Dividend
Welspun India Ltd has informed BSE that the Board of Directors of the Company at their meeting held on May 10, 2022, have recommended Dividend of Re. 0.15 per equity share of the face value of Re.1 each at the rate of 15% on the equity shares for the financial year 2021-22. WELSPUN INDIA LTD. - 514162 - Outcome Of The Meeting Of The Board Of Directors Of Welspun India Limited (The Company) Held On May 10, 2022
(A) Audited Financial statements for the year ended March 31, 2022. (B) Recommendation of Dividend. WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Investor Presentation
In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on audited financial results of the Company for the quarter and year ended March 31, 2022. Q4FY22 Quarterly Result Announced for Welspun India Ltd.
Textiles company Welspun India declares Q4FY22 result: Total Income of Rs 93,773 mn in FY22, up 26.6% YoY Home Textile revenue at Rs 87,911 mn, up by 23.3% YoY; flooring revenue up by 107.4% YoY to Rs 6,611 mn EBITDA at Rs 14,246 mn with margin at 15.2%; PAT up 11.4% YoY at Rs 6,012 mn in FY22 Dividend announced at Rs 0.15 per share Total Income: Total revenue at Rs 93,773 mn in FY22, up by 26.6% YoY Textile business revenue at Rs 87,911 mn reported sharp increase in FY22 on account of higher sales volume of Terry Towels by 1% YoY, Bed Sheets by 6% YoY and Rugs by 19% YoY Revenue at Rs 22,471 mn in Q4FY22, registering a growth of 3.4% YoY EBITDA: Rs 2,464 mn in Q4FY22 with an EBITDA Margin of 11.0% Core business EBITDA stood at Rs 2,404 mn and EBITDA Margin stood at 11.6% PAT (after minority and exceptional loss): PAT at Rs 522 mn in Q4FY22 EPS: EPS up by 12.8% YoY at Rs 6.06 in FY22, Q4FY22 EPS at Rs 0.53 Net Debt: Net Debt at Rs 22,289 mn as on 31st March 2022 vs. Rs 23,327 mn as on 31st March 2021 Net debt excluding Flooring business stood at Rs 13,989 mn (as on 31st March 2022) vs Rs 16,368 mn (as on 31st March 2021). Speaking about the performance, Mr. B.K. Goenka, Chairman, Welspun Group, said “The global economy is going through unprecedented times currently - Ukraine-Russia conflict, logistical challenges, unseen levels of increases in commodity prices and decades’ high inflation in western economies - have all come on the back of an extended pandemic and resulted in dampened business sentiments across industries worldwide. Against this backdrop, it is very heartening to see that our Home Textile revenues continued its upward trajectory to cross $1bn mark this fiscal, growing by 23% and total revenue growing by 27% to reach Rs 9,377 crore. This demonstrates the ability of scaled-up, quality-led, and highly differentiated players to maintain an edge even during challenging times. The recently announced Free Trade Agreements with Australia and Middle-East countries would bring in additional advantage for the Indian Home Textiles industry and players like Welspun. Our Emerging Businesses of E-commerce, Brands, Flooring, and Advanced Textiles have cumulatively grown by 44% during the fiscal year under review with all the businesses touching record revenues. The share of these businesses in the overall revenue has steadily increased to 26% from 23% last year. Domestic Retail top-line has grown by 66% in FY22 and the Welspun brand has become the largest distributed health textile brand in the country. Flooring continued its upward trajectory and has grown by 107% this fiscal. The investment in all of our Emerging businesses is starting to reap the desired results to drive our growth plans for the future. Historic highs in cotton and coal prices, global logistics disruptions and related impacts continue to put further pressure on the margin front. We, however, remain focused on our medium to long term strategic priorities and growth pillars by laying emphasis on our long term goal of sustainable growth, profitability, and deleveraging our balance sheet. On the sustainability front, Welspun has set benchmarks for the industry through its differentiated efforts in all areas of Environmental, Social, and Governance (ESG) where several significant outcomes have already been achieved. In Home Textiles, we have been recognized by Tesco and awarded with their Sustainability & Community Award for exceptional focus on community initiatives and for outstanding ethical performance. I am also delighted to share that in our Flooring plant, 15% of total energy currently being used is from renewable energy and the target is to reach 25% by 2025 and 50% by 2030.” Result PDF WELSPUN INDIA LTD. - 514162 - Board recommends Dividend
Welspun India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2022, inter alia, have recommended Dividend of Re. 0.15 per equity share of the face value of Re.1 each at the rate of 15% on the equity shares for the financial year 2021-22. WELSPUN INDIA LTD. - 514162 - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Welspun India Limited (The Company) Held On May 10, 2022.
(A) Audited Financial statements for the year ended March 31, 2022, (B) Recommendation of Dividend,