Praj Industries Limited

40%

0+ countries 1200+ employees 90+ research scientists 4 manufacturing facilities 300+ patents 40%+ business from repeat customers ~10% Global ethanol production market share* 1000++ References

10%

arch scientists 4 manufacturing facilities 300+ patents 40%+ business from repeat customers ~10% Global ethanol production market share* 1000++ References/plants worldwide 400+ overseas ref

27%

references Net Debt Free company Praj Industries Limited * Excluding China 3-Year Revenue CAGR 27% 3-Year EBITDA CAGR 33% 3-Year PAT CAGR 30% FY22 ROCE 24% 2 Company Overview Order book As on

33%

e company Praj Industries Limited * Excluding China 3-Year Revenue CAGR 27% 3-Year EBITDA CAGR 33% 3-Year PAT CAGR 30% FY22 ROCE 24% 2 Company Overview Order book As on Q4-FY22 Order Intake i

30%

tries Limited * Excluding China 3-Year Revenue CAGR 27% 3-Year EBITDA CAGR 33% 3-Year PAT CAGR 30% FY22 ROCE 24% 2 Company Overview Order book As on Q4-FY22 Order Intake in Q4-FY22 INR 28,7

24%

* Excluding China 3-Year Revenue CAGR 27% 3-Year EBITDA CAGR 33% 3-Year PAT CAGR 30% FY22 ROCE 24% 2 Company Overview Order book As on Q4-FY22 Order Intake in Q4-FY22 INR 28,780 Mn Praj Ind

INR 28,780

CAGR 30% FY22 ROCE 24% 2 Company Overview Order book As on Q4-FY22 Order Intake in Q4-FY22 INR 28,780 Mn Praj Industries Limited INR 11,015 Mn • Incorporated in 1983 under the visionary leadership

INR 11,015

iew Order book As on Q4-FY22 Order Intake in Q4-FY22 INR 28,780 Mn Praj Industries Limited INR 11,015 Mn • Incorporated in 1983 under the visionary leadership of technocrat Operational Revenue (INR Mn

7.75%

critical process equipment, breweries and industrial wastewater treatment 23,333 11,411 11,024 7.75% 7.43% 13,047 9.13% 9,235 6.61% 8.82% • Focused on the environment, energy and farm-to-fuel

7.43%

al process equipment, breweries and industrial wastewater treatment 23,333 11,411 11,024 7.75% 7.43% 13,047 9.13% 9,235 6.61% 8.82% • Focused on the environment, energy and farm-to-fuel technol

9.13%

pment, breweries and industrial wastewater treatment 23,333 11,411 11,024 7.75% 7.43% 13,047 9.13% 9,235 6.61% 8.82% • Focused on the environment, energy and farm-to-fuel technology solutions,

6.61%

es and industrial wastewater treatment 23,333 11,411 11,024 7.75% 7.43% 13,047 9.13% 9,235 6.61% 8.82% • Focused on the environment, energy and farm-to-fuel technology solutions, with 1000++ cu

“• • • Strong revenue growth in Q4-FY22 on a YOY and QOQ basis on the back of strong order book and good project execution.”

“PHS: As Indian pharma industry transits to global size capacity build in biopharma space, we expect fermentation technologies to acquire centre stage.”

“Leveraging the parent organization’s prowess in fermentation and PHS’s deep understanding of sterile applications, we expect positive development on the business side.”

“• Cabinet has amended biofuels policy, by advancing 20% ethanol blending target to 2025-26, allowing additional feedstock and granting permission for export of biofuels in specific cases Ethanol blending in petrol in India has reached ~10% mark.”

“Praj’s 2G plant ranked as 5th Hottest while CBG plant ranked 7th Hottest project that are shaping the Advanced Global Bioeconomy • • IOCL’s advanced biofuels refinery project at Panipat Complex based on Praj’s proprietary 2G Ethanol technology was ranked 5th Hottest Project HPCL’s CBG project based on Praj’s Rengas technology was ranked 7th Hottest Project globally.”

Operational Highlights

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Industry Highlights

1

Valorem Advisors Disclaimer

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Operational Highlights

• • • Strong revenue growth in Q4-FY22 on a YOY and QOQ basis on the back of strong order book and good project execution. Rising raw material prices coupled with supply chain issues kept margins under pressure. Bioenergy: Business continued strong performance with a healthy order book exceeding INR 900 crores in this quarter with around 2/3 of these orders for ethanol based on starchy feedstock and nearly 30% of these orders are based on our new technology offerings. CBG: Government revised CBG prices from INR 46 per kg to INR 54 and indexed it to price of CNG enhancing financial viability of projects. Praj successfully commissioned and handed over two projects in Q4-FY22. CPES: Robust order book and a healthy prospect base as modularisation gaining acceptance with global customers. Almost 1/3 of the overall order booked in Q4-FY22 were for modules. To meet the increasing demand for CPES business, Company is adding capacity in Kandla facility. Brewery: Hospitality & tourism sectors sl

Industry Highlights

• Cabinet has amended biofuels policy, by advancing 20% ethanol blending target to 2025-26, allowing additional feedstock and granting permission for export of biofuels in specific cases Ethanol blending in petrol in India has reached ~10% mark. At present, India has a total ethanol production capacity of 8.5 billion liters, which includes 5.7 billion liters based on sugary feedstock while 2.8 billion liters based on starchy feedstock. Government has revised CBG prices from INR 46 per kg to INR 54; it will enhance financial viability of projects Praj Industries Limited 11 • • • • • • • • Other Highlights Dr. Pramod Chaudhari bestowed with the coveted 2022 William C. Holmberg Award • During the global flagship industry event - Advanced Bioeconomy Leadership Conference (ABLC) 2022 at Washington DC, USA, Dr. Pramod Chaudhari was bestowed with the coveted 2022 William C. Holmberg Award for ‘Lifetime Achievement in the Advanced Bioeconomy’. • This is first occasion when this award has come

Valorem Advisors Disclaimer

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. For further details please contact our Investor Relations Representatives: VALOREM ADVISORS Mr. Anuj Sonpal Tel: +91-22-49039500 Email:praj@valoremadvis