G R Infraprojects Limited

9.02%

ons. Highlights: Q1 FY 23 Sidhi Ganeshpur - Sansarpur Project Q1 FY 23 Total Income (Rs in Mn) 9.02% 23,012 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 18.95% 20.66% 18.85% 5,183 4,361

18.95%

1 FY 23 Total Income (Rs in Mn) 9.02% 23,012 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 18.95% 20.66% 18.85% 5,183 4,361 Q4 2022 Q1 2023 Total Income Q4 2022 Q1 2023 EBITDA s t h g

20.66%

Total Income (Rs in Mn) 9.02% 23,012 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 18.95% 20.66% 18.85% 5,183 4,361 Q4 2022 Q1 2023 Total Income Q4 2022 Q1 2023 EBITDA s t h g i l i

18.85%

ncome (Rs in Mn) 9.02% 23,012 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 18.95% 20.66% 18.85% 5,183 4,361 Q4 2022 Q1 2023 Total Income Q4 2022 Q1 2023 EBITDA s t h g i l i h g H Q

11.52%

Income Q4 2022 Q1 2023 EBITDA s t h g i l i h g H Q o Q PAT Margin* (%) & PAT (Rs in Mn) 11.52% 12.80% 21.08% 3,211 2,652 Q4 2022 Q1 2023 PAT s t h g i l i h g H Y o Y Total Income

12.80%

Q4 2022 Q1 2023 EBITDA s t h g i l i h g H Q o Q PAT Margin* (%) & PAT (Rs in Mn) 11.52% 12.80% 21.08% 3,211 2,652 Q4 2022 Q1 2023 PAT s t h g i l i h g H Y o Y Total Income (Rs in M

21.08%

Q1 2023 EBITDA s t h g i l i h g H Q o Q PAT Margin* (%) & PAT (Rs in Mn) 11.52% 12.80% 21.08% 3,211 2,652 Q4 2022 Q1 2023 PAT s t h g i l i h g H Y o Y Total Income (Rs in Mn) 15.9

15.96%

.08% 3,211 2,652 Q4 2022 Q1 2023 PAT s t h g i l i h g H Y o Y Total Income (Rs in Mn) 15.96% 21,634 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 17.36% 20.66% 37.99% 5,183 3,756

17.36%

Y o Y Total Income (Rs in Mn) 15.96% 21,634 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 17.36% 20.66% 37.99% 5,183 3,756 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Total Income EBITDA Note : 1

37.99%

come (Rs in Mn) 15.96% 21,634 25,087 EBITDA Margin* (%) & EBITDA (Rs in Mn) 17.36% 20.66% 37.99% 5,183 3,756 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Total Income EBITDA Note : 1) Q1 FY 23, incl

Rs 1,328.52

Q1 2023 Q1 2022 Q1 2023 Total Income EBITDA Note : 1) Q1 FY 23, includes Bonus/claim amount of Rs 1,328.52 Mn (Q4 FY 22 Rs 825.14 Mn). Note: 2) All data on a Standalone basis. * Margins have been calculated

Rs 825.14

Total Income EBITDA Note : 1) Q1 FY 23, includes Bonus/claim amount of Rs 1,328.52 Mn (Q4 FY 22 Rs 825.14 Mn). Note: 2) All data on a Standalone basis. * Margins have been calculated basis of total income

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“In Million CONSOLIDATED DEBT Project loan* Standalone debt Mobilization Advance Total Debt #Cash and Bank #Cash and Bank Balance includes Lien Marked FDR’s valuing 42,743.41 10,548.89 2,083.44 55,375.74 8,872.58 7,147.72 *Includes AAA Rated Loans amounting to Rs.”

“36,401.90 Million 4% 19% PROJECT LOAN STANDALONE DEBT MOBILISATION ADVANCE 77% Development during the Year – Execution of Concession/ Share Purchase Agreements S.”

“* Share purchase agreement Robust Order Book Order book as on June 30, 2022 is Rs 1,70,056.74 Million* Project Mix 0% 2% 4% 12% EPC HAM Railways Transmission Others 82% Client Wise Distribution State Wise Distribution 4% 2% 2% 9% 3% 7% 10% 9% 20% 10% Andhra Pradesh Bihar 7% Chhatisgarh Gujarat Madhya Pradesh Maharashtra Punjab Rajasthan Uttar Pradesh 14% Others NHAI REC OTHERS RVNL *Order Book doesn’t include the value of one L-1 Project amounting to Rs.”

“2011- 2015 • Achieved PCOD for first NHAI HAM project, Phagwara – Rupnagar • Successful listing of the Company on BSE and NSE on July 19, 2021 • Entry into Transmission Segment 2021- 2022 Overview – GRIL Snapshot An Integrated EPC Company, with proven track record of timely project execution over last 25 years.”

CAGR

2

CORPORATE OFFICE

1

HEAD OFFICE

1

REGISTERED OFFICE

1

Other Developments

1

CORPORATE OFFICE

2nd Floor, Novus Tower Plot No. 18, Sector-18 Gurugram , Haryana-122015, India Ph . : +91 -124-6435000

REGISTERED OFFICE

Revenue Block No . 223 Old Survey No. 384/1, 384/2, Paiki and 384/3, Khata No. 464, Kochariya Ahmedabad , Gujarat-382220, India :&~ .. +=I- . ! i i'ii • • ~ew;•:..::ii ! -· -i· -· j ISO 9001:2015 Reg. No.:RQ91 / 6251 Email : info@grinfra.com 1 Website : www.grinfra.com G R Infraprojects Limited Getting People Places, Faster Investor Presentation Getting People Places, Faster Q1 FY 23 10th August 2022 Context 1 Disclaimer Page 3 2 3 Highlights: Q1 FY 23 Page 4 What we do and key milestones Page 13 4 Overview- Historical Data (Financial & Operational) Page 18 Imphal - Moreh Project Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by G R Infraprojects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatso

Other Developments

1. Bharat Highways InvIT, sponsored by the Company has been granted a Certificate of Registration as an Infrastructure Investment Trust by the Securities and Exchange Board of India. * Share purchase agreement Robust Order Book Order book as on June 30, 2022 is Rs 1,70,056.74 Million* Project Mix 0% 2% 4% 12% EPC HAM Railways Transmission Others 82% Client Wise Distribution State Wise Distribution 4% 2% 2% 9% 3% 7% 10% 9% 20% 10% Andhra Pradesh Bihar 7% Chhatisgarh Gujarat Madhya Pradesh Maharashtra Punjab Rajasthan Uttar Pradesh 14% Others NHAI REC OTHERS RVNL *Order Book doesn’t include the value of one L-1 Project amounting to Rs. 5,921.70 Mn 92% 11% Portfolio of HAM / Transmission Projects Operational (8) • Reengus-Sikar • Nagaur-Mukundgarh • Phagwara-Rupnagar • Porbandar-Dwarka • Handia-Varanasi • Akkalkot-Solapur • Sangli-Solapur • Gundugolanu-Devarapalli Under Construction / Development (8) Appointed Date awaited (8) • Dwarka-Devariya • Aligarh-Kanpur • Ena-Kim • Shirsad-Masvan

CAGR

22.57% 13,350 14,379 14,135 10,748 6,263 15.00% 10.00% 5.00% 0.00% FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Revenue From Operations EBITDA • Margin has been calculated basis total income • All data on Standalone basis Overview- Historical Financial Data PAT (Rs in Mn) / PAT Margin (%) Net Cash Flow (Used In)/ from operating Activities (Rs in Mn) 12.63% 11.87% 11.25% 5,957 6,888 3,992 10.59% 7,806 7,608 9.45% 8,312 6,516 5,606 4,199 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 (41) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 PAT PAT Margin Net Cash From Operating Activities • All data on Standalone basis Overview- Historical Financial Data Net Debt/ Equity & Net Debt /EBITDA Fixed Assets Turnover Ratio 6.54 6.26 6.35 6.27 5.73 0.88 0.36 0.83 0.82 0.42 0.42 0.33 0.20 0.70 0.23 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Net Debt/Equity Net Debt/EBITDA Fixed Assets Turnover Ratio • All data on Standalone basis Overview- His