Investor Presentation

WEL/SEC/2026 November 05, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 532553 NSE Symbol: WELENT Dear Madam / Sir, Sub: Investor Presentation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations, please find attached the Investor Presentation on the Un-audited Consolidated and Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026. The same is also available on the website of the Company at www.welspunenterprises.com You are requested to take the above information on record. Thanking you, For Welspun Enterprises Limited Nidhi Tanna Company Secretary ACS-30465 Encl.: As above Investor Presentation Q2 & H1FY27 5thNovember, 2026 DISCLAIMER TheinformationcontainedinthispresentationisprovidedbyWelspunEnterprisesLimited(the“Company”).Althoughcarehasbeentakentoensurethattheinformationinthispresentationisaccurate, and that the opinions expressed are fair and reasonable, the information is subject to change without notice, its accuracy, fairness orcompleteness is not guaranteed and has not been independently verifiedandnoexpressorimpliedwarrantyismadethereto.Youmustmakeyourownassessmentoftherelevance, accuracyandadequacyoftheinformationcontainedinthispresentationandmust makesuchindependentinvestigationasyoumayconsidernecessaryorappropriateforsuchpurpose.NeithertheCompanynoranyofitsdirectorsassumeanyresponsibilityorliabilityfor,theaccuracy or completeness of, or any errors or omissions in, any information or opinions contained herein. Neither the Company nor any of its directors, officers, employees or affiliates nor any other person acceptsanyliability(innegligence,orotherwise)whatsoeverforanylosshowsoeverarisingfromanyuseofthispresentationoritscontentsorotherwisearisinginconnectiontherewith. The statements contained in this document speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. By preparing this presentation, none of the Company, its management, and their respective advisers undertakes any obligation to provide the recipient with access to any additional information or to update this presentationor any additional informationortocorrect any inaccuracies inany suchinformationwhichmay become apparent.Thisdocument is for informational purposes anddoes not constituteor formpartofaprospectus,astatementinlieuofaprospectus,anofferingcircular,offeringmemorandum,anadvertisement,andshouldnotbeconstruedasanoffertosellorissueorthesolicitationof anofferoranofferdocumenttobuyoracquireorsellsecuritiesoftheCompanyoranyofitssubsidiariesoraffiliatesundertheCompaniesAct,2013,theSecuritiesandExchangeBoardofIndia(Issueof Capital and Disclosure Requirements) Regulations, 2009, both as amended, or any applicable law in India or as an inducement to enter into investment activity. No part of this document should be considered as a recommendationthat any investor shouldsubscribe to or purchase securities of the Company or any of its subsidiaries or affiliates and shouldnot form the basisof,or be relied on in connectionwith,anycontractorcommitmentorinvestmentdecisionwhatsoever.Thisdocumentisnotfinancial,legal,tax,investmentorotherproductadvice. This presentation contains statements of future expectations and other forward-looking statements which involve risks and uncertainties. These statements include descriptions regarding the intent, belieforcurrentexpectationsoftheCompanyoritsofficerswithrespecttotheconsolidatedresultsofoperationsandfinancialcondition,andfutureeventsandplansoftheCompany.Thesestatements canberecognizedbytheuseofwordssuchas“expects,”“plans,”“will,”“estimates,”orwordsofsimilarmeaning.Suchforward-lookingstatementsarenotguaranteesoffutureperformanceandactual results,performancesoreventsmaydifferfromthoseintheforward-lookingstatementsasaresultofvariousfactorsandassumptions.Youarecautionednottoplaceunduerelianceontheseforward lookingstatements,whicharebasedonthecurrentviewofthemanagementoftheCompanyonfutureevents.Noassurancecanbegiventhatfutureeventswilloccur,orthatassumptionsarecorrect. TheCompanydoesnotassumeanyresponsibilitytoamend,modifyorreviseanyforward-lookingstatements,onthebasisofanysubsequentdevelopments,informationorevents,orotherwise. Anyreferencehereinto"theCompany"shallmeanWelspunEnterprisesLimited,togetherwithitsconsolidatedsubsidiaries. PRESENTATION ROADMAP Management Insights Business Updates Financials ESG Update Awards Strategy led value creation BID SELECTIVE DEPLOY RIGHT MIX MANAGE, COMPLETE UNDERTAKE O&M, ASSET REMAIN PROJECTS OF EXECUTION AND STABILIZE THE CREATE CAPACITY MONETIZATION ASSET-LIGHT PARTNERS PROJECTS FOR LIFECYCLE Focus on opportunities Associate with right Disciplined project Build and strengthen Unlock value from Maintain an asset-light that align with our execution and technical management for timely O&M capabilities to mature assets through approach by strategic strengths partners to ensure the delivery within cost and ensure reliability, strategic monetization optimizing capital and offer long-term highest standards of stabilize operations for enhance asset life and to recycle capital and structure to drive potential. quality and safety. sustained performance. create recurring value. fuel future growth. higher returns. CLEAR IN FOCUS. TUNNELING, WATER TRANSPORTATION DISCIPLINED IN EXECUTION. PIPELINE CONSISTENT IN CREATING VALUE. REHABILIATION & PUMPING STATIONS Management Insights “Our Q2 FY27 revenue grew by 32% YoY and EBITDA by 122% YoY reflecting our business model of recognizing profits first during the construction phase and subsequently in the form of equity returns through monetisation. Overall, in H1FY27 revenue grew by 11%YoY which is in line with our stated guidance, led by disciplined execution and our focussed capital recycling strategy. The EBITDA grew by 53% YoY, with an EBITDA margin of 32.4%, well above our guidance. Our strong performance has further strengthened the Balance Sheet, with cash and cash equivalents of ₹1,432 crore and a net worth of ₹3,581 crore as at September 30, 2026. Further reinforcing our financial position, CRISIL upgraded our long-term credit rating from ‘AA-’ to ‘AA’, with a ‘Stable’ outlook. This upgrade underscores our disciplined financial management, stronger credit profile and resilient business model. With a diversified order book of ₹18,708 crore and a healthy pipeline of opportunities across our core segments, we remain confident of delivering on our medium-term growth and profitability guidance. In a significant strategic development, we are happy to inform that DGH has passed an Order approving the utilisation of ONGC’s existing facilities by AWEL to evacuate and process gas from its Mumbai block on toll basis. This will substantially reduce AWEL’s risk and capital investment and accelerate the milestone towards first gas production. Mr. Sandeep Garg, Managing Director, Welspun Enterprises Ltd BUSINESS UPDATES Strong platform for future growth Strong and Diversified Order Book across Segments Segment-wise Break-up Project type-wise Break-up Others, 6% HAM, 1% O&M, Tunnel, 11% Water, 54% ₹18,708 Cr. EPC, 42% Order Book as on 30th Sep 2026 Transport, 30% BOT, 29% Current order book provides strong growth visibility Water portfolio at a glance Project Names Contract Type Status Dewas Water BOT Operational Water/ UP State Water and Sanitation Mission EPC Under Execution Wastewater Bhandup Water Treatment Complex EPC Under Execution Treatment/ EPC Under Execution Distribution Dharavi Wastewater Treatment Facility Panjrapur Water Treatment faclity EPC Under Execution DGT-Water Conveyance Tunnel EPC Under [Showing first 8,000 characters — download PDF for full document]