#1WELSPUN ENTERPRISES LIMITED BSE: 532553 | NSE: WELENT |ISIN: INE625G01013 WELSPUN ENTERPRISES INFRASTRUCTURE AND ENERGY Investor Presentation March 2023#2Safe Harbor The information contained in this presentation is provided by Welspun Enterprises 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 without notice, its accuracy, fairness or completeness is not guaranteed and has not been independently verified and no express or implied warranty is made thereto. You must make your own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as you may consider necessary or appropriate for such purpose. 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Any reference herein to "the Company" shall mean Welspun Enterprises Limited, together with its consolidated subsidiaries.#3Welspun Enterprises At a glance PAN INDIA PRESENCE Across UP, Bihar, Tamil Nadu, Haryana, Maharashtra and Uttarakhand DIVERSIFIED PORTFOLIO Specialise in Road, Water and Wastewater projects ASSET LIGHT MODEL Operational excellence through committed partners and recycling of capital base with value accretive exits STRONG EXECUTION Record completion time of 19 months (vs. 30 months) of Delhi - Meerut Expressway LANDMARK/ ACCLAIMED PROJECTS Delhi-Meerut Expressway Chikhali-Tarsod #After divestment of 6 road assets CURRENT PROJECT MIX # HAM - 2 EPC - 3 BOT-1 ~51% Revenue CAGR (FY2017-22) Among India's fastest growing infrastructure development companies * 108 Bn* Robust Order Book Focused on execution New order flows to be consistent with premium returns expectations * As on December 31st, 2022 and Including Rs 17,960 mn for O&M & asset replacement in MCGM STP project. WELSPUN ENTERPRISES LIMITED 3#4Creating Value through a Clear Strategy 01 Bid for selective projects ■ Lower competition ■ Better IRRS ■ Better EPC margin Ease of execution 06 Asset Monetization ■ Monetize completed Assets on a value- accretive basis to strengthen developer & EPC business ➤ 02 Leverage knowledge ■ Moving towards external orders (strengthening EPC) ◆ 05 03 Deploy right mix of contractors & support them for seamless execution ■ Reduce execution risk Minimal investment in Plant & Machinery < 04 Continuous Diversification Focus on Road and Water & Wastewater segments Exploring high potential sub- segments Project Management ■ Efficient monitoring to optimize cost and execution timeline WELSPUN ENTERPRISES LIMITED 4#5mm mn wwwwwwww ADVANTAGE WEL#6Proven track record ~570 km Experience of operating ~570 km of Toll projects * 39,000+ Mn ~70 km Robust road portfolio Capability to execute complex projects WEL has demonstrated high level of operational excellence with the execution of several complex projects. KeyNuRita Chowk - Panipat Chikhali-Tarsod Gagalheri-Saharanpur-Yamunanagar Chutmalpur-Ganeshpur & Roorkee-Chutmalpur- Gagalheri Delhi Meerut Expressway Welspun Enterprises' completed portfolio includes the Delhi-Meerut Expressway / National Expressway 3 which was featured as an Engineering Marvel of India India's FIRST 14-Lane Expressway ➤India's FIRST Green Expressway Received the "Gold Award" in the excellence in Project Management from MORTH India's FIRST HAM project to be awarded AAA (SO) credit rating India's FIRST HAM project to receive annuity India's FIRST HAM project to be re-financed post completion ➤India's FIRST Completed HAM project (332 Days ahead of schedule) 271 Mn Early completion bonus from NHAI Engineering Marvel of India Featured on History Channel 19 Months Record completion time ENGINEERING MARVELS EXTREME CONNECTS Engineering Marvels: Extreme Connects Watch Video WELSPUN ENTERPRISES LIMITED 6#7Strong platform set for future growth Robust portfolio of Road and Water projects 43% ROAD Segment Break-up Current order 1,08,410 Mn* book at (excluding GST) Order Book Break- up 80% EXTERNAL 57% WATER CAPTIV E Current Order Book provides strong revenue growth visibility * As on December 31 st, 2022 and Including Rs 17,960 mn for O&M & asset replacement in MCGM STP project. WELSPUN ENTERPRISES LIMITED 7#8Trends towards Diversification Trends in Order Book Break-up EPC of HAM, 96% FY17 Other EPC, 4% Water EPC, 57.3% Way forward Continuous focus on both development and EPC projects * As on December 31st, 2022 and Including Rs 17,960 mn for O&M & asset replacement in MCGM STP project. WELSPUN ENTERPRISES LIMITED EPC of HAM, 17.5% WEL Portfolio (in Mn) 1,08,410 Q3 FY23 EPC of BOT, 2.1% 39,000 90,490 Road EPC, 23.1% Development ■ EPC* ■Development (Divested) Continue approach of prudent bid strategy to strengthen portfolio Strategic positioning towards development (BOT & HAM) and EPC projects Water & Wastewater to be one of the key growth driver and focus area Apart from NHAI, evaluate road projects of State and local agencies 8#9Continuous Focus on Value Creation Focused on Execution excellence with Low Leverage Strong presence across segments: Development (HAM & BOT) and EPC ☐ Diversified roads & Water projects Leverage on Strong Parentage (Welspun Group) Focusing on Margin accretive projects De-risked execution model Building High-Value High- Margin Projects Construction completely outsourced; Project supervision by WEL Flexibility across geographies and infra sub-sectors Minimal Plant & Machinery; no investment blockage Minimal working capital Design capability & strengthening of supply chain management ☐ Value unlocking from assets Completed Projects - ready to monetize 。 Recently monetized 6 completed road assets Value creation through churning of assets WELSPUN ENTERPRISES LIMITED STRONG PARENTAGE Asset Light Model LOWER RISK CASH RECYCLED 9#10Through an experienced Management ☐ Sandeep Garg Managing Director Harvard graduate with ~40 years of experience in diverse roles in infrastructure and oil & gas sectors Member of the Board Lalit Jain Interim CFO ICWA: Costing & Accounting & ICAI: Accounting & Finance 28 years experience in Commercial, Accounts, Finance & Indirect Taxation ☐ Neeraj Gupta Vertical Head (ROADS) ■ 24 years of experience in Infrastructure operations including National Highways (in OSE), Township Projects Has completed more than Rs. 200 bn worth of projects Yogen Lal Vertical Head (Water) ■ Civil engineer with 33+ years experience in infrastructure ■ Extensive experience across various verticals in the field of infrastructure such as buildings, irrigation, underground metros and water Rajesh Jain Chief Human Resource Officer MBA (HR) and B.E. (Electronics) 30+ years of diverse experience across sectors such as Infrastructure, Office, Automation, Electrical Service & manufacturing, Renewable Energy, and Financial Services WELSPUN ENTERPRISES LIMITED 10#11WELSPUN ENTERPRISES LIMITED F.. 2,916 9,972 Standalone numbers # Figures in Rs Mn * Covid-impacted years 17,394 17,600 14,102 13,069 18,524 F.. 785 1,801 2,567 2,589 1,978 1,819 1,844 Revenues Robust Financial Metrics FY17 FY18 FY19 FY20 FY21 FY22 9MFY23 11 -0.69 EBITDA 0.02 0.02 0.04 Net Debt/ (Net Cash) / Equity (x) 0.11 0.24 0.22#12Favorable Industry Dynamics Budget 2022 ~1.99 tn NHAI Vision 2025 for Roads 60,000 Kms Development of 60,000 km of NH-2,500 km of Expressways, 9,000 km of Economic corridors, 2,000 km of coastal and port connectivity 68% In FY22 Total expenditure on the Ministry of Road Transport and Highways for FY23 Jal Jeevan Mission * 600 bn Allocated to provide tap water connections to 38 million household in 2022-23 ~ 1,340 bn 133% In FY22 Allocation towards NHAI has more than tripled from 2019-20 to 2022-23 Jal Shakti Ministry 860 bn Allocated to the Jal Shakti Ministry, as compared to *69,000 Cr In FY21 Bharatmala Pariyojana 550 Districts (NH Linkages) To optimise efficiency of movement by bridging critical infrastructure gaps Gati Shakti 100 tn Aimed at improving multi-modal connectivity and last- mile connectivity Central Road Fund 19 % Increase in allocation for the central road fund by 19% Railways ~ 1,400 bn 28% Allocation for Indian Railways WELSPUN ENTERPRISES LIMITED 12#13Industry dynamics - Roads Secto opportunities & Strong Policy Road Construction 18% support 18% of projected infrastructure investment of 111 trillion in NIP is in the Roads sector 18,000 Km National Highways to expand by 18,000 km in 2022-23 at a pace of 50 km per day Per Day (km) NHAI Awards and Execution (km)* 37 50 3,380 3,211 3,979 4,788 4,218 6,306 4,325 23 National Highways Government aims to construct 23 new national highways by 2025 Private Sector is expected to be largest contributor towards roads 27 27 30 28 2018-19 2019-20 2020-21 2021-22 2022-23 WELSPUN ENTERPRISES LIMITED 2,222 2018-19 2019-20 2020-21 2021-22 E Awards ■Execution *Source: MORTH (The Ministry of Road Transport and Highways) Annual Report FY 2021-22, Construction World.in 13#14Industry dynamics - Water & Wastewater Sector * 600 bn Allocated for piped water mission to extend tapped water coverage to 38 million households in 2022-23 12.6 tn capital expenditure to be spent in building Water Infrastructure (TN) 2.0 1.8 Households with piped-water supply in rural areas (IN %) Urban Water & Sanitation - Additional 3.3 tn Will be spent in building Water Infrastructure Vision 2025 for Water Infrastructure Wastewater treatment India's Waste Water treatment plants treat only 1/3rd of the waste water generated daily according to Central Pollution Control Board WELSPUN ENTERPRISES LIMITED 0.4 1.1 0.6 1.0 0.8 1.4 0.8 1.2 0.7 FY21 FY22 FY23 FY24 FY25 FY20 Rural Water &Sanitation Irrigation Government's Mission: 'Har Ghar Nal Se Jal' 13% 14% 16% 17% 18% 100% FY15 FY16 FY17 FY18 FY19 FY25E With India's water crisis nearing a tipping point, the government >>> announced the Jal Jeevan Mission to provide potable water to every rural household by 2024. ~100% Of urban and rural households connected to piped-water supply 000 Interlinking Of rivers to increase area under irrigation, domestic & industrial water supply 14#15Financials#16Highway Portfolio Monetization - Actis Deal Contrac Authority 23,090 Project Name Status t Type /Client In mn 17,150 Delhi-Meerut Expressway (Pkg 1) HAM NHAI Chutmalpur-Ganeshpur HAM NHAI COD achieved COD achieved 1.5x Gagalheri-Saharanpur- HAM NHAI COD achieved Yamunanagar Chikhali-Tarsod HAM NHAI COD achieved Maharashtra Amravati (Pkg AM 2) HAM MH PWD Mukarba Chowk - Panipat BOT (Toll) NHAI COD achieved PCOD achieved ■Equity Invested (Book Value) Proceeds from Divestment Obtained all necessary regulatory and statutory approvals for First Closing and divestment of 100% stake in HAM assets and 49% stake in BOT toll assets from NHAI, PWD and lenders. Expected Receivables 2,470 Mn link to certain milestones expected before March'23 2,690 Mn to be disbursed after achieving balance 51% equity approval from NHAI with respect to Mukarba highway project ~60,000 Mn Enterprise Value #Excl. ~ 30,000 Mn Construction linked milestone/grant payments received/receivable from NHAI and PWD - Government of Maharashtra ~ 35,440 Mn Debt* As on the date of First Closing *includes the undisbursed portion of * 590 mn WELSPUN ENTERPRISES LIMITED 16#17Income Statement Snapshot - Standalone Particulars (Mn) Q3 FY23 Q3 FY22 YoY % 9M FY23 9M FY22 YoY % Revenue from Operations 6,684 2,155 210% 18,524 8,397 121% Other Income 118 95 24% 390 274 42% Total Income 6,802 2,251 202% 18,914 8,671 118% EBITDA 774 223 247% 1,844 974 89% EBITDA margin 11.4% 9.9% 147 bps 9.8% 11.2% (149) Bps PBT Before Exceptional Item 551 58 843% 1,245 485 157% Exceptional Item 4,678 4,731 PBT 5,229 58 59 8,853% 5,976 485 1,131% PAT 5,109 63 8,010% 5,755 405 1,320% PAT margin 75.1% 2.8% 7,232 bps 30.4% 4.7% 2,575 bps Cash PAT 455 100 355% 1,063 518 105% Note: Cash PAT = PBDT (before exceptional) - Current tax + Non-cash ESOP expenses | Prior figures have been restated wherever necessary WELSPUN ENTERPRISES LIMITED 17#18Income Statement Snapshot - Consolidated Particulars (Mn) Q3 FY23 Q3 FY22 YoY % 9M FY23 9M FY22 YoY % Total Income 7,168 2,375 202% 19,852 9,053 119% EBITDA 929 276 237% 2,249 1136 98% EBITDA margin 13.0% 11.6% 135 bps 11.3% 12.6% (122) bps PBT Before Exceptional Item 587 27 2,110% 1,322 399 231% Exceptional Item 3,569 4,236 PBT 4,156 27 15,534% 5,558 399 1,292% Profit from discontinuing 108 558 315 77% operations* PAT Cash PAT 184 4,016 129 3,003% 5,837 611 855% 494 168% 2,333 772 202% Note: Cash PAT = PBDT (before exceptional) - Current tax + Non-cash ESOP expenses | Prior figures have been restated wherever necessary * - Refers to projects which are being monetized WELSPUN ENTERPRISES LIMITED 18#1903 Welspun Group and CSR WELSPUN ONE#20Welspun Group overview WELSPUN ENTERPRISES LIMITED USD 2.3 Bn USD 1.0 Bn Group Revenue Group Assets Net Fixed Assets 9 Manufacturing Facilities in India, USA. and Saudi Arabia 26,000+ Workforce WELSPUN INDIA WELSPUN CORP HOME TEXTILES PIPES AND PLATES WELSPUN ENTERPRISES Infrastructure & Energy WELSPUN ONE Logistics Parks Global leader in Home Amongst world's Textiles largest Line-Pipe manufacturers Robust portfolio of Roads & Water Infra projects Integrated Grade-A Warehousing Solutions 20#21CSR initiatives Our social mission is enshrined within the 3Es i.e. Education, Empowerment and Environment & Health WELSPUN ENTERPRISES LIMITED EDUCATION ENVIRONMENT EMPOWERMENT Brazil International Cara bimon 120 Project Gyankunj To enhance the teaching & learning process for teachers & students with the use of technology CURRENT REACH 03 Project Model Village To create a sustainable rural community that generates and maintains the resources to improve its level of well-being and happiness without depleting economic, social and environmental values. CURRENT REACH 116 05 Villages Districts 961 Teachers Trained Schools 55,750 Students Welspun Super Sports Womeify and support female athletes in achieving their sporting endeavors through scholarships CURRENT REACH 19,60 14 People Opple Sports Women 21#22Awards, Accreditation & Accolades Letter of appreciation by Prime Minister of India Shri Narendra Modi "Gold award" in excellence in Project Management under PPP mode from Appreciation by Shri Nitin Gadkari, Union Minister Shri B. K. Goenka Ji, New Delhi 23 May, 2018 I am delighted to know of your valuable contribution to the completion of Package I of Delhi-Meerut Expressway, which as you know got completed much before the target date. We, as a nation, are standing at the cusp of a wave of development that is driven by a young nation with great aspirations. The infrastructure we are building will create new pathways for India's all-inclusive development and open new vistas of opportunity for our people. It was our former Prime Minister Shri Atal Bihari Vajpayee's vision to connect each and every village and city with all-weather roads. He envisioned India's future built on a firm foundation of enhanced connectivity for people and businesses. Today, from highways to I-ways, we are ensuring that our nation is ahead of the curve in infrastructural development. The Delhi-Meerut expressway has showcased India's engineering capabilities that are well integrated with our goal of sustainable development. Also appreciable is the way in which the expressway has been converted into a green belt with initiatives such as drip water irrigation, solar plant and landscape development. It is a matter of immense joy to see pride in people's eyes when they experience seamless commute through these modern day marvels. The new expressway is one such marvel that will ease the lives of citizens by saving them time and money as well as ensuring that local economy flourishes. It is my firm belief that the highways built today will become runways for dreams of tomorrow to take flight. I, once again, congratulate everyone associated with this project for achieving a remarkable feat and delivering not just an expressway, but a roadway to progress and prosperity. I wish you success in all your future endeavours. Yours Sincerely, (Narendra Modi) VEL Fastest Growing Company - Annual Construction World 20 th CONSTRUCTION WORLD GLOBAL AWARDS 2022 BKT 2nd FASTEST GROWING CONSTRUCTION COMPANY AU SMALL ERI E सड़क परिवहन एवं राजमार्ग मंत्रालय (भारत सरकार) Ministry of Road Transport & Highways (Govt of India) Certificate of Appreciation AWARDED TO SHRI SANDEEP GARG Managing Director, Mis Welspun DME Pvt Ltd. In recognition of your valuable contribution towards the successful completion of Delhi-Meerut Expressway Project (Pkg. -D) well before the scheduled time and that laa with great efficacy. I really appreciate your efforts and professionalism by which you have been associated in completion of the project well before time. नितीन गडकरी Nitin Gadkari Union Minister of Road Transport & Highways Shipping and Water Resources, River Development & Ganga Rejuvenation Government of India May 31, 2018 Letter of appreciation by Honorable Parliamentarian RAKSHA NIKHIL KHADSE Member of Parlament Lok Sabha, Raver (Maharashtra) Member Standing Committee on Information Technology Standing Committee on Welfare of O. B.C Standing Commitee on Empowerment of Women Consulative Committee onMo Cuture and Mo Tourism Board of Governors National Institute of Fashion Technology No.: LS17-RV-MP/2021/DELL-157 Dellsi N-603, Narmada New MS Flats De Bisnamber Doas Marg New Delhi-110001 Telefax 011-23710733 Emal [email protected] Reside Muktinagar 426 306 District Jalgaon (MS) Telefax 02563-235050 Date: 30-06-2021 Letter of Appreciation I would like to appreciate that M/s. Welspun Enterprises Limited has completed Four laning work for the road stretch from Chikhali-Tarsod of National Highway No. 53 in Jalgaon District of Maharashtra State. Welspun Enterprises Limited has carried out quality work comprising right from the Earth work, GSB, WMM and Bituminous work. The finished road looks are well developed constructed as per the standard provisions. Welspun Enterprises Limited given importance to plantation in median as well as roadside. appreciable to see such great effort in beautifying and making the highway greener by turfing the median in Bhusawal bypass flyovers. The construction of underpasses and Railway bridges Bhusawal City have good quality of concrete finish and the approach roads have also been developed with easily readable road signages & streetlight for night driving, clearly marked with lanes. The Varangaon bypass section is also remarkably done with 500m long flyover which has greatly decongested traffic in Varangaon City. The toll plaza has been constructed in a staggered manner and all latest technologies & facilities have been provided. Adequate safety provisions have been implemented using Metal beam crash barrier in median and curvatures. During execution as well traffic was diverted in a very safe manner. This section will boost the socio-economic development of Chikhali-Tarsod section greatly, A new upgraded look has been given t highway and fast & safe travel is ensured. I highly appreciate how the work has been carried in the stretch by Welspun Enterprises Limited and convey my best wishes to them for their future projects. WELSPUN ENTERPRISES LIMITED IS UCTIO Place Muktainagar Date 30 June 2021 Raksha Nikhil Khadse 22#23APPENDIX Infrastructure Portfolio Existing Projects 1 HAM: Aunta - Simaria (Ganga Bridge with Approach Roads) 2 HAM: Sattanathapuram - Nagapattinam 3 EPC: Varanasi Aurangabad NH2 Project 4 EPC: UP State Water and Sanitation Mission 5 EPC: Dharavi Wastewater Treatment Facility (Mumbai) 6 BOT: Dewas Water 7 Investment in oil & gas blocks: potential value accretion#24Diversified Infrastructure Portfolio Road Assets Welspun Enterprise Water/Wastewater Treatment Project Names Contract Type Authority/Client Status Aunta-Simaria HAM NHAI Under Execution Sattanathapuram-Nagapattinam HAM NHAI Under Execution (SNRP) Varanasi Aurangabad NH2 Project (VARP) EPC SIVAPTL Under Execution Dewas Water BOT MPSIDC Operational UP State Water and Sanitation Mission Dharavi Wastewater Treatment Facility (Mumbai) EPC SWSM Under Execution EPC BMC Under Execution S Oil & Gas 4 Oil & Gas Blocks Revenue from first block expected in FY25- 26 Delhi-Meerut Expressway (Pkg 1) HAM NHAI COD achieved Chutmalpur-Ganeshpur & Roorkee- HAM NHAI COD achieved Chutmalpur-Gagalheri (CGRG) Road Assets Monetized Gagalheri-Saharanpur-Yamunanagar HAM NHAI COD achieved (GSY) Chikhali-Tarsod (CT) HAM NHAI COD achieved Maharashtra Amravati (Pkg AM 2) HAM MH PWD COD achieved Mukarba Chowk – Panipat (MCP). - BOT (Toll) NHAI PCOD achieved 24 WELSPUN ENTERPRISES LIMITED#25HAM Aunta-Simaria (Ganga Bridge with Approach Roads) SCOPE Six- Laning from Aunta-Simaria (Ganga Bridge with Approach Roads) Section from km 197.9 to km 206.1 of NH-31 in Bihar. Includes widest extradosed bridge on Ganga river STATUS NHAI declared the Appointed Date as 30th August 2018 Project details Project Length (Kms) Acquisition Date Financial Closure Appointed Date Scheduled Construction Period 08.15 Km Aug 2018 Achieved 30th Aug 2018 42 Months^ Concession Period after COD 15 Years ^ EOT up to 29th October 2024 approved by NHAI BARAUNI REFINERY Dihpur Barauni Refinery O Project cost & financing *(Mn) Harrakh Keshawe SIMARIA Simariya Mahna Bid Project Cost 14,477 Begusar MALHIPUR Means of Finance alhipur NHAI Debt Sponsor's Commitment 5,726 5,665 1,416 Simariya Ghat O&M Payment (First Year) Ramdin 99 99 AUNTA 31 The project is under execution Minapur unta WELSPUN ENTERPRISES LIMITED Musahar Maranchi * Forecasted figures 25#26HAM Sattanathapuram- Nagapattinam (SNRP) SCOPE 4 laning of Sattanathapuram to Nagapattinam (Design Ch Km 123.8 to Km 179.6) section of NH-45A (New NH -332) in Tamil Nadu aps Q Kuzhumoor (157) Perambalur 136 Sendurai செந்துறை SATTANATHAPURAM அரியலூர் Thirupattur திருபட்டூர் Kallakudi Paluvur பரூவூர் STATUS Received Appointed Date on 5th October 2020 with 4 lane road & 4 lane structures as against 4 lane road & 6 lane structures specified in the Concession Agreement The project is under execution. SIT mayapuram சமயபுரம் மண்டியூர் WELSPUN ENTERPRISES LIMITED 136 டால்மியாபுரம் GEL Lalgudi Poondi IGAM லால்குடி கம் பூண்டி Thiruvaiyaru திருவையாறு 122 136 rappalli ாப்பள்ளி Thanjavur தஞ்சாவூர் NAGAPATTINAM Keeranur கீரனூர் Project details Project Length (Kms) Award Date Financial Closure Appointed Date Scheduled Construction Period Concession Period after COD 55.755 Km July 2018 Achieved 5th Oct 2020 24 months^ 15 Years ^ EOT up to September 2024 is under finalisation 22,725 yarpalayam யற்பலயம் 140 32 Gangal Konda Cholapuram கங்கைச் Garden சோழபுரம் Kollidam R Sirkazhi சீர்காழி 36 Devanancheri தேவானஞ்சேரி Kumbakonam கும்பகோணம் Mayiladuthurai மயிலாடுதுறை Therazendur 2 தேரசன்தூர் 6147 23 22 Poompuhar பூம்புகார் Thiru daiyur திருக்கயூர் Tha gambadi தரங்ம்பாடி Kaikal Koothanur கூத்தனூர் காரைக்கால் 67 Alangudi ஆலங்குடி 23 65 Thiruvarur Project cost & financing *(Mn) Bid Project Cost Means of Finance NHAI Debt Sponsor's Commitment Gandharvakottai Vettikadu கந்தர்வகோட்டை வெட்டிகாடு 336 36 Thiruvonam Koothanallur கூத்தாநல்லூர் Mannargudi LD GST GST IT (14 (146) Ullikottal உள்ளிகொட்டை 29 Google 202 Kottur திருவாரூர் கோட்டூர் Thirukkuvalal Nagapattinam நாகப்பட்டினம் திருக்குவளை Thiruthuraipoondi திருத்துறைப்பூண்டி Velankanni Gauemmiac saf) Vettaikaraniruppu வேட்டைகாரணிருப்பு O&M Payment (First Year) *Forecasted figures 9,090 8,935 2,400 50 50 26#27EPC Varanasi Aurangabad NH2 Project (VARP) SCOPE Six laning of Varanasi - - Aurangabad section of NH-2 from km 786.00 to km 978.00 (length 192.400 km) in the state of Uttar Pradesh & Bihar vendranagar WELSPUN ENTERPRISES LIMITED Project details Project Length (Kms) Original Contract Commencement Date Construction Period Additional Contract Construction Start Date 192.4 30th Sep 2021 24 Months May 2022 Construction End Date Nov 2023 Status Total contract value of ~Rs 32,660 Mn (excl. GST) comprising original scope and order for additional scope & SAKHANIAN Mehnajpur Bilpon Dhondhadh A LEGEND: SIN Project Road Sadat, KERAKAT Sochan ahadev Chandwa Patrahi Aunrihar SAJOPUR Manihari Bhit GHAZIPUR 929 Karanda 197 UP-Bihar Border MUHAMMADABAD 19 Sherpury Existing Toll Plaza Phulpur Sindhora Reotipur Gahmar BUXAR Proposed Toll Plaza START OF PROJECT CH: 786+000 NDRA Babatpur VARANASI VARANASI Shivput Mirza Mura DELHI UP agapes Ganga Nagsar, ZAMANIA ITARHI BIHAR • Soma Camp Dildamagar RAJPUR NAWANAG ISOLUX CORSAN SAKALDIHA Amta obal Sarai Salvad UP-BIHAR Ra BORDER CHANDAULI DURGAUTI inpur Baburi Mo CHAND Ahraura PUR atkeshgarh Letifor CHAKIA CHANDAUL CHAIN Rajgam Macqupur Chandraprabha Naugah Barwadih Hindu ad Shahganj ROBERTSGANJ Markung PACKAGE-A BHABHUA BHAGWANPUR CHANARI Km 860+000 CH: H: 871+000 DAWATH DINARA TARARI BIKRAMGANJ KARGHAR KUDRA Km 907+100 NH2 OKHA KARAKAT HASPURA 88 NASRIGAN DAUDNAGAR SASARAM OBRA DEHRI CH: 871+000 END OF PROJECT AURANGABAD URA DEQ KOLKATA PACKAGE-B NAUHATTA 27#28EPC UP State Water and Sanitation Mission SCOPE Rural Water Supply project under Jal Jeevan Mission by State Water Sanitation Mission UP, scope includes Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for 10 years of various Rural Water Supply Projects in the State of Uttar Pradesh PRADESH SHAMLI 1 Saharanpuh BASHPA DELHI BUDDHA RAJASTHAN MUZAFFARNAGAR MEERUT HAZIABAD HAPUR 8 BIJNOR AMOHA UTTARAKHAND BULANDSHAH SAMBHAL Meerut MATHURA ALIGARH BUDAUN Aligarh KASGAN 9 HATHRAS ETAH Agra FIROZABAD AGRA (10 FARRUKHBAD HARDOI MAINPURI KANNAUJ 11 Kanpur AURAIYA WELSPUN ENTERPRISES LIMITED Project details Project Scope Est aggregate contract value Water Supply to Villages 25,000 Mn UTTAR PRADESH REGION/MANDAL MAP S No. Revenue Division District No of Villages IBET) INDIA MORADABAD Moradabad RAMPUR N E 1 Varanasi Jaunpur 747 BAREILLY PILIBHIT 3 Bareilly LAKHIMPUR KHERI Sant Ravidas SHAHJAHANPUR Lucknow 4) SITAPUR 2 SHRAVASTI Varanasi 877 BAHRAICH BALRAMPUR Nagar (5 Devipatan SIDDHART Basti AGAMAHARAJGAN, 7 GONDA LUCKNOW 6SANT KABR Gorakhpur KUSHINAGAR 3 Lucknow' STI Ayodhya Ambedkar Nagar 241 BARABANKI AYODHYA UNNAO GORAKHPUR AMBEDKAR DEHA Faizabad NAGAR DEORIA JALAUN Jhansi NAGAR RAEBARELI AMETHI SULTANPUR mgarh AZAMGARH AU MADHYA PRADESH JHANSI 14 FATEHPUR BALLIA 4 HAMIRPUR Chitrakoot BANDA PRATAPGARH Prayagraj JAUNPU Ayodhya Amethi 240 16 KAUSHAMBI 15 Varanasi SR NAG VARANASI (BHADOHI) GHAZI UR 17 BIHAR CHITRAKOOT PRAYAGRAJ ALLAHABAD) MIRZAPU GRANDAL 5 Meerut Bulandshahr 439 MADHYA Mirzapur LALITPUR Map not to Scale Copyright © 2020 www.mapsofindia.com O PRADESH LEGEND --- International Boundary State Boundary District Boundary Region/Mandal Boundary State Capital 18 SONBHADRAs JHARKHAND Total No of Villages 2,544 CHHATTISGARH 28#29*25,000 Mn worth order under Lead Partner in Joint Venture Limited, Hyderabad 70: 30 execution with Kaveri Infraprojects in EPC water segment Estimated aggregate contract value: 25,000 Mn. The final value will be determined on completion of preparation of Detailed Project Report (DPR) by the JV and its approval by the SWSM GPS Man Camera Empanelled by the UP-State Water and Sanitation Mission, Namami Gange and Rural Water Supply Department (SWSM) Preparation of DPR and Construction of the Project is to be progressively completed in 21 to 28 months and thereafter Operated and Maintained for a period of 10 years Execution of EPC Projects of 2,544 villages for the Project of Survey, Design, Preparation of DPR, Construction, Commissioning and Operation and Maintenance for 10 years of Rural Water Supply Execution of EPC Projects across Jaunpur and Sant Ravidas Nagar in Varanasi, Ambedkar Nagar and Amethi in Ayodhya & Bulandshahr in Meerut WELSPUN ENTERPRISES LIMITED 29#30EPC Wastewater Treatment Facility - Mumbai Sewage Disposal Project SCOPE Design, Build, Operation and Maintenance of 418 MLD Dharavi Wastewater Treatment Facility including 209 MLD Tertiary treatment facility under Mumbai Sewage Disposal Project, Stage II (Priority Works) WELSPUN ENTERPRISES LIMITED Project details 60 Months for Design Build, Contract period 15 years of operation and maintenance Welspun Enterprises share in JV 80% Jhu Airport) Sea Princess Khar West Pali Airport Mumbai Airport Santacruz Colibar Vakola Bandra East Bandra Bandra Wes Dharavi Maunga Mahim Bay Probria DJM Sion Anik Naga Kowada Kafem Exp Wadala Status LOA received on May 27, 2022 Project Commencement date - July 4, 2022 Total consideration of ~46,360 Mn (inclusive of GST) Preparatory technical studies and basic engineering in progress 30#31BOT Dewas Water Concession Sector Project Name Location COD End Water Supply Dewas Water* MP Apr-20 Jun-37 *Dewas Water - Modified Project ■ Modified project involves the supply of treated water of up to 23 MLD to industrial customers in Dewas FY22 revenue stands at 110 mn with EBITDA of 59 mn WELSPUN ENTERPRISES LIMITED 31#32Investment in Oil & Gas blocks: Potential value accretion Adani Welspun Exploration Ltd Block Name Location AWEL Stake WEL Effective Stake MB-OSN-2005/2 Mumbai 100.0% Offshore 35.0% GK-OSN-2009/1 Kutch Offshore 25.0% 8.75% (AWEL), a 65:35 JV between Adani Group & WEL, is the key investment vehicle CB-ONN-2005/4 Cambay Basin * 35.0% B9 Cluster (DSF) Mumbai 100.0% Offshore 35.0% Status AWEL drilled a well and had made a hydrocarbon discovery wherein three layers. have proven to be gas bearing, two layers have flown good amount of gas to surface. A discovery has been declared and plans are on for early monetization though development. The field development plan is currently being finalized. Estimated resources and reserves are under finalization. FDP (Field Development Program) is under revision and finalization by the Operator ONGC based on which the commercial viability will be decided. Ministry has turned down the request letter of the 90% consortium for allowing them to carry out operations in the Block. Other remedies are being explored. A well has been drilled and data evaluation studies are in progress following which, resource and reserve/ reserve estimation has been taken up and further Field Development studies are being carried out. Revenue from first block expected in FY25-26 WELSPUN ENTERPRISES LIMITED 32#33Thank You For further details please contact CORPORATE OFFICE WELSPUN ENTERPRISES LIMITED Welspun House, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India E-mail: [email protected] Mr Salil Bawa, Head - Group Investor Relations INVESTOR RELATIONS ADVISORS : Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Jigar Kavaiya / Mr. Pratik Shah [email protected]/[email protected] WELSPUN ENTERPRISES Infrastructure & Energy JANUARY 2023