Elecon Engineering Company Limited

rs 2022

r completeness. 2 Safety and Wellness Period Q3 FY24 Q2 FY24 Q1 FY24 Last 3 Financial Years 2022-23 2021-22 2020-21 Minor Major Fatal 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0

rs,

0 At Elecon, safety and well-being take precedence as our utmost concern. Over the last three years, we have not experienced any Major and Fatal incidents. Our commitment involves continuous efforts

rs 35

ientation Global MNC with Strong Distribution Network Overseas Market 100+ Distributors & Dealers 35+ Customer representatives 4 Manufacturing & Assembly Centers 11 Sales Offices Domestic Market

rs 11

et 100+ Distributors & Dealers 35+ Customer representatives 4 Manufacturing & Assembly Centers 11 Sales Offices Domestic Market 65+ Distributors & Dealers 55+ Customer representatives Pan In

rs 55

s 4 Manufacturing & Assembly Centers 11 Sales Offices Domestic Market 65+ Distributors & Dealers 55+ Customer representatives Pan India Presence Serving to 75+ Countries MANUFACTURING FACILITIE

28%

SSEMBLY & SERVICE CENTRE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 25% 9MFY24 All Maps used in the presentation are not to s

35%

ERVICE CENTRE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 25% 9MFY24 All Maps used in the presentation are not to scale. All d

34%

RE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 25% 9MFY24 All Maps used in the presentation are not to scale. All data, inform

29%

FFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 25% 9MFY24 All Maps used in the presentation are not to scale. All data, information, and

25%

ES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 25% 9MFY24 All Maps used in the presentation are not to scale. All data, information, and maps are p

39%

Power, Cement, Sugar, Steel etc. In-house manufacturing capabilities with 700+ machine tools 39%* Market Share in the Domestic Organized Market Best in class Gear Solutions Strong Brand Name

Rs. 132

and Mining Initiation of Power Sector crisis Acquisition of Benzlers & Radicon with Debt of Rs. 132 crs. MHE Division witnessed remarkable turnaround becoming profitable with focus on Products &

“Commercial production expected to start from FY25”

Development on Overseas OEM Business

1

Arbitration awards

1

MHE division Order Wins

1

Arbitration awards

❖ As of December 2023, we have successfully realized Rs. 37.2 Crs from the arbitration award, out of the total award amount of Rs. 63.0 Crs. Negotiations for the remaining amount are currently in progress ❖ Fresh arbitration proceedings initiated having the value of Rs. 31.0 Crs during Q1FY24, optimistic of favorable outcomes Capex incurred Rs. 26.0 Crs upto 9MFY24 out of the Rs. 70.0 Crs planned for FY24

MHE division Order Wins

❖ Steel Sector: Secured orders valued at Rs 134.2 Crs. for supply of equipment from a single customer ❖ Cement Sector: Received an order for supply of equipment from a single customer of Rs. 39.0 Crs Improvement in Credit Ratings: LT - [ICRA] AA- (Stable); ST: [ICRA] A1+ in June-23 (Previous Credit Ratings: LT- [ICRA] A+ (Stable); ST: [ICRA] A1) 26 Strong Consolidated Quarterly & Nine Monthly Performance Revenue (Rs Crs.) EBITDA (Rs Crs.) EBITDA Margin (%) +24.2% 1,373 1,105 +37.8% 339 246 +265 bps +240 bps 22.8% 25.4% 22.3% 24.7% +21.8% 389 474 +36.0% 89 120 Q3FY23 Q3FY24 9MFY23 9MFY24 Q3FY23 Q3FY24 9MFY23 9MFY24 Q3FY23 Q3FY24 9MFY23 9MFY24 PAT (Rs Crs.) PAT Margin (%) +48.6% 252 170 +300 bps 19.1% +300 bps 18.4% 16.1% 15.3% +44.1% 90 63 Q3FY23 Q3FY24 9MFY23 9MFY24 Q3FY23 Q3FY24 9MFY23 9MFY24 27 Consolidated Profit & Loss Statement Profit and Loss (Rs. Crs.) Revenue from Operations Operating Expenses Gross Profit Gross Profit Margin Employee Cost Other Expenses EBITDA EBITDA Margin Ot