SCHAEFFLERNSE27 April 2022

Schaeffler India Limited has informed the Exchange about Investor Presentation

Schaeffler India Limited

SCHAEFFLER

Schaeffler India Limited ■ Pune (cid:127) Maharashtra

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Company Code: 505790

National Stock Exchange of India Limited Exchange Plaza, C - 1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai-400051 Company Code: SCHAEFFLER

Sub: Investor Presentation

Dear Sirs,

27/04/2022

Phone: +912068198464

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Investor Presentation o n Financial Results of the Company for the quarter ended March 31 , 2022.

Kindly take the same on your record.

Thanking you.

Yours faithfully,

For Schaeffler India Limited

Ashish Tiwari, VP - Legal & Company Secretary

Encl.: As above

Schaeffler India Limited

Registered and Corporate Office: 15th Floor, (ASTP) Amar Sadanand Tech Park, Baner, Pune, Maharashtra, India - 411045 Tel: +91-20-68198400

| Fax: +91-20-68198405

CIN: L29130PN1962PLC204515, www.schaeffler.co.in, info.in@schaeffler.com,

Picture to be updated

Schaeffler India Limited Investor Presentation – Q1 2022

April 27, 2022

PUBLIC

Agenda

1 2 3

Economy & Industry

Business Highlights Q1 2022

Financial Highlights Q1 2022

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

PUBLIC

Agenda

1 2 3

Economy & Industry

Business Highlights Q1 2022

Financial Highlights Q1 2022

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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1 Economy & Industry 1 Economy & Industry

Economy | Growth moderates but strong economic fundamentals in place

GDP Growth % (YoY) 1)

0.5

1.6

20.1

8.4

5.4

IIP Growth % (YoY) 2)

134.0

27.6

24.2

-7.4

3.0 Q1

-24.4 Q2

2020

2021

Q3 Prov

Q4 Prov

-0.6 -3.2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Prov

Dec Prov

Jan Prov

2022

13.8 11.5 13.0

4.4 4.2 1.3 0.7 1.3

Inflation Rate % (CPI) 3)

5.0 5.5

4.2

4.1

6.3 6.3

5.6 5.3

4.4 4.5 4.9

5.6 6.0 6.1

Core Industry Growth % (YoY) 4)

62.6

12.6

16.4

9.4 9.9 12.2

5.4 8.7

3.2 4.1 4.0 5.8

-3.3

1.3

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Prov

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Prov

Jan Prov

Feb Prov

2021

2022

2021

2022

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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Key comments

• For 2021, GDP is expected to grow

by 8.1%

• IIP growth in FY22 Apr-Jan is registered at 13.7% compared to degrowth of 12.0% over the same period last year

• Global events causing inflationary pressure and disruptions in the supply chain

Note : Data is reinstated every quarter as per final reports released by Authorities Source of data : 1) Ministry of Statistics GDP at constant prices 2011-12

series : Data representation as per calendar year in above chart

2) Ministry of Statistics IIP 2011-12 series 3) 4)

Reserve Bank of India – 2012 indexed to 100 Office of Economic Advisor

1 Economy & Industry 1 Economy & Industry

Core sector performance | Infrastructure push to keep growth story intact

2020

2021

YTD CY2022 Growth

Cement Production (mn T)

9.6%

Steel Production (mn T) 11

4.7%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Coal Production (mn T)

7.4%

Electricity Generation (bn KWH)

2.4%

121 116

120

112

132 127

118 124

135 137

123 123

118

108

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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Key comments

Overall core sector performance for FY’22 YTD Feb’22 is 11.0% compared to degrowth of 8.1% over the same period last year

Sector weightage within eight core sectors

Sector

% weight

Cement

Steel

Coal

Electricity

5.4%

17.9%

10.3%

19.9%

Source of core sectors data: Office of Economic Advisor

1 Economy & Industry 1 Economy & Industry

Automotive production | 2Ws and Tractors slow, but CV maintains the growth momentum

2020

2021

YTD CY2022 Growth

Two and three wheelers (mn Units) 1)

-20.8%

Commercial vehicles (Th Units) 1)

24.0%

1.6

1.9

1.5

2.0

1.9

2.0

1.6

1.4

1.8

1.7

1.4

0.7

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Passenger vehicles (Th Units) 1)

3.2%

Agriculture tractors (Th Units) 2)

-30.2%

351

353

374

350

331

320

364

144

292

291

296

310

224

104

105

100

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

3) TW - Two-wheelers, CV - Commercial Vehicles, PV - Passenger Vehicles

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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Key comments

• Stress in the rural and semi- urban economy is causing degrowth in TWs3)

• CVs3) grew on account of

strong infrastructure push & fleet upgrades

• Semi-conductor shortage

hampers production ramp-up for PVs3)

• Tractor sales impacted by late monsoon - delayed harvest of Kharif crops impacting rural cash flows and the high base effect of last year

Source of data : 1) SIAM : Society of Indian Automobile Manufacturers 2) TMA : Tractor Manufacturers Association

Agenda

1 2 3

Economy & Industry

Business Highlights Q1 2022

Financial Highlights Q1 2022

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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2 Business Highlights Q1 2022 2 Q4 / 12M 2021 Performance

Q1 2022 | Consistent performance

Key Messages

Consistent improvement in performance aided by improved mix and sustained countermeasures

Continued wins businesses

in both Automotive and Industrial

Schaeffler India approved for PLI scheme (Component Champion Incentive Scheme)

Customer recognitions for Sustainability and Quality, Integrated Annual Report with enhanced disclosures

Headwinds due to geopolitical situations and increasing inflation

Sales growth 19.0% vs Q1’21 2.9% vs Q4’21 15,675 mn INR

PAT margin 13.2% Q1’22 10.6% Q1’21 2,071 mn INR

EBIT margin 16.6% Q1’22 13.0% Q1’21 2,602 mn INR

FCF -111.3% vs Q1’21 -111.2% vs Q4’21 -208 mn INR

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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2 Business Highlights Q1 2022 2 Q4 / 12M 2021 Performance

Q1 Business developments | Key business wins

Automotive Technologies

Automotive Aftermarket

Industrial

Reliability and emission reduction

Increased market coverage

Precision and Efficiency

Key wins in CVs1) for MHCV clutches for transmission solutions

Business win for wheel bearings for PV1) segment

Business wins in CVs1) for LV clutch systems

Introduction of wipers for PV1) segment

Business wins for the FEAD/ Timing Kit for PV1) segment

Diversification and penetration through range extension

Significant win for SRBs, CRBs and TRBs for the off-road sector

Key business win for Integrated Break and Slewing Ring for the industrial automation segment

Key business win in CRBs and SRBs for the raw material segment

1) TW - Two-wheelers, CV - Commercial Vehicles, PV - Passenger Vehicles

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

PUBLIC

Agenda

1 2 3

Economy & Industry

Business Highlights Q1 2022

Financial Highlights Q1 2022

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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3 Financial Highlights Q1 2022

Revenue from operations | Sustained performance

Total revenue

mn INR

15,675

13,168

12,329

14,876

15,232

2021

2022

Key aspects • Consistent growth on a YoY basis across all businesses

QoQ Growth

YoY Growth

2.9%

19.0%

Revenue Bridge mn INR

Growth

Automotive Technologies

Automotive Aftermarket

Industrial

Exports & others

• Exports continue to grow

Sales mix Q1 2022

Exports and Others1)

Q1 2022 vs Q1 2021

6.1%

15.5%

21.7%

61.4%

16%

39%

Industrial

37%

Automotive Technologies

Automotive Aftermarket

1) Exports & Others mainly includes exports to group companies, scrap sale and other operating income

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

3 Financial Highlights Q1 2022 2 Q1 2022 Highlights

Earnings Quality | Improved margins

EBIT1) mn INR

%Margin

2021

2022

Key aspects

2,602

1,708

1,604

2,216

2,451

6 0 8 , 1

• Significant YoY revenue growth across all businesses

• Consistently improving business mix coupled with sustained

13.0%

16.6%

13.0%

14.9%

16.1%

countermeasures

6.2%

52.4%

QoQ Growth

YoY Growth

EBIT Bridge mn INR

%Margin

PAT mn INR

% Margin

2021

2022

13.0%

16.6%

2,071

1,395

1,281

1,708

1,906

10.6%

13.2%

10.4%

11.5%

12.5%

6 0 8 , 1

8.6%

48.4%

QoQ Growth

YoY Growth

1) EBIT is before interest income (net) 169.9 mn INR Q1 ‘22 (152.1 mn INR Q1’21)

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

3 Financial Highlights Q1 2022

Working capital, Capex | Focus remains

Working Capital mn INR

11,413

6,485

8,713

2021

2022

Key aspects

10,101

9,869

• Higher working capital mainly due to inventory increases to improve on

service levels

• On track with our capex strategy, 4.8% of sales in Q1’22

• Focus remains on free cash flow generation

% to sales

3M’21

3M’22

6M’21

15.8%

19.9%

18.0%

9M’21

19.3%

12M’21

18.0%

Capex mn INR

751

2021

2022

Free Cash Flow mn INR

2021

2022

429

460

474

566

1,842

1,089

1,847

% to sales

3M’21

3M’22

6M’21

3.3%

4.8%

3.5%

9M’21

3.4%

12M’21

3.5%

YoY Change

-111.3%

(1,501)

(208)

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

3 Financial Highlights Q1 2022 2 Q4 / 12M 2021 Performance

Performance Indicators

Revenue

Revenue growth (YoY) Revenue growth (QoQ) EBITDA

EBITDA Margin

EBIT1)

EBIT Margin

EBT

EBT Margin

PAT

PAT Margin

Capex2)

FCF

Unit

mn INR

% % mn INR

mn INR

1) EBIT is before interest income (net) 169.9 mn INR Q1 ‘22 (152.1 mn INR Q1’21) 2) Capex includes CWIP

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

Q1 2022

15,675

Q4 2021

15,232

Q1 2021

13,168

41.8% 3.4% 2,186

16.6%

1,708

13.0%

1,860

14.1%

1,395

10.6%

429

1,842

19.0% 2.9% 3,107

19.8%

2,602

16.6%

2,772

17.7%

2,071

13.2%

751

(208)

19.6% 2.4% 2,962

19.4%

2,451

16.1%

2,569

16.9%

1,906

12.5%

566

1,849

PUBLIC

12M 2021

12M 2020

55,605

47.8%

9,950

17.9%

7,979

14.3%

8,431

15.2%

6,291

11.3%

1,929

3,277

37,619

-13.7%

5,402

14.4%

3,462

Focused efforts and our balanced business mix helped to deliver resilient performance

9.2%

3,972

10.6%

2,910

7.7%

2,126

4,572

3 Financial Highlights Q1 2022 Integrated Annual Report | Enhanced disclosures

2021

2017

2018

2019

2020

Together we grow

One Schaeffler. Stronger Together.

Integrate. Innovate. Create.

Resilient today. Empowering tomorrow.

Leading ahead

Annual Report - conventional

Annual Report <IR> framework

Integrated Annual Report

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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3 Financial Highlights Q1 2022 3 Stakeholder Value Creation

In Summary

Portfolio extension and key business wins contributed positively

Improved business mix and continued focus on deployed countermeasures helped deliver resilient performance

Investing in capacities and enhancing competencies

Focus on capital management remains

Q1’22 started well, treading cautiously for external challenges as we move ahead

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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Committed to sustaining performance while creating long-term sustainable value for our stakeholders

3 Financial Highlights Q1 2022

Thank you for your attention

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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3 Financial Highlights Q1 2022 3 Stakeholder Value Creation

Disclaimer

The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and neither this presentation nor any part thereof may be (i) used or relied upon by any other party or for any other purpose; (ii) copied, photocopied, duplicated or otherwise reproduced in any form or by any means; or (iii) re-circulated, redistributed, passed on, published in any media, website or otherwise disseminated, to any other person, in any form or manner, in part or as a whole, without the prior written consent of the Company. This presentation does not purport to be a complete description of the market conditions or developments referred to in the material.

This presentation contains forward-looking statements. The words “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, “plan”, “project”, “should” and similar expressions are used to identify forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about Schaeffler Group’s beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Schaeffler AG. Forward-looking statements therefore speak only as of the date they are made, and Schaeffler Group undertakes no obligation to update any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. These statements are based on Schaeffler AG management’s current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results may differ from those set forth in the forward- looking statements as a result of various factors (including, but not limited to, future global economic conditions, changed market conditions affecting the automotive industry, intense competition in the markets in which we operate and costs of compliance with applicable laws, regulations and standards, diverse political, legal, economic and other conditions affecting our markets, and other factors beyond our control).

This presentation is intended to provide a general overview of Schaeffler Group’s business and does not purport to deal with all aspects and details regarding Schaeffler Group. Accordingly, neither Schaeffler Group nor any of its directors, officers, employees or advisers nor any other person makes any representation or warranty, express or implied, as to, and accordingly no reliance should be placed on, the accuracy or completeness of the information contained in the presentation or of the views given or implied. Neither Schaeffler Group nor any of its directors, officers, employees or advisors nor any other person shall have any liability whatsoever for any errors or omissions or any loss howsoever arising, directly or indirectly, from any use of this information or its contents or otherwise arising in connection therewith.

The material contained in this presentation reflects current legislation and the business and financial affairs of Schaeffler Group which are subject to change

April 27, 2022

Schaeffler India Limited | Q1 2022 Investor Presentation

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