Automotive Axles Limited

35.5%

- 4 Manufacturing locations Mysore, Jamshedpur, Pantnagar, Hosur EQUITY SHARE: Meritor Inc, USA – 35.5%, Kalyani Group – 35.5%, Public – 29% WORKFORCE - 2,000+ employees CUSTOMERS – All major CV, spec

29%

mshedpur, Pantnagar, Hosur EQUITY SHARE: Meritor Inc, USA – 35.5%, Kalyani Group – 35.5%, Public – 29% WORKFORCE - 2,000+ employees CUSTOMERS – All major CV, specialty and defense OEMs PRODUCTS – Ax

70%

nergy Management Systems JIPM award • 2026 2024 Improvising Sustainable Parameters Achieving 70% reduction in CO2 • Emissions Journey towards Carbon Neutral Status Achieving HSPPD certification

30%

Eco-friendly products 2021 Initiatives for Basic Sustainability Achieving 70% Water Positive • 30% Energy Efficient from current levels • Solid Waste Reduction by 25% from current levels • 2019 •

25%

Achieving 70% Water Positive • 30% Energy Efficient from current levels • Solid Waste Reduction by 25% from current levels • 2019 • • • 15% Energy saving projects Raw materials optimization Logistica

15%

gy Efficient from current levels • Solid Waste Reduction by 25% from current levels • 2019 • • • 15% Energy saving projects Raw materials optimization Logistica –localization & optimization 2017 Gr

20%

w materials optimization Logistica –localization & optimization 2017 Green energy introduction – 20%Solar Zero discharge Plant initiatives • • • Water conservation programs D Digitalization Spare

10X

7 Pmprlet'.lry CMerttor, Inc., 2021 MOST COMPREHENSIVE Axle & Brake Offerings ■:ffli31 120 10X • 11X • 310 13X 360 14X 150 240 17X 160 EVO 18X 19X 610 394 410 / 22.5 AD

11X

prlet'.lry CMerttor, Inc., 2021 MOST COMPREHENSIVE Axle & Brake Offerings ■:ffli31 120 10X • 11X • 310 13X 360 14X 150 240 17X 160 EVO 18X 19X 610 394 410 / 22.5 ADB 41

13X

Merttor, Inc., 2021 MOST COMPREHENSIVE Axle & Brake Offerings ■:ffli31 120 10X • 11X • 310 13X 360 14X 150 240 17X 160 EVO 18X 19X 610 394 410 / 22.5 ADB 410G Light

14X

., 2021 MOST COMPREHENSIVE Axle & Brake Offerings ■:ffli31 120 10X • 11X • 310 13X 360 14X 150 240 17X 160 EVO 18X 19X 610 394 410 / 22.5 ADB 410G Light I Medium

17X

PREHENSIVE Axle & Brake Offerings ■:ffli31 120 10X • 11X • 310 13X 360 14X 150 240 17X 160 EVO 18X 19X 610 394 410 / 22.5 ADB 410G Light I Medium I Heavy I

“ Project & Grow revenue & profitability is our key focus strategy for M25.”

“ Commodity softening is on cards going forward  Continuous focus on Material cost & Variable cost efficiency and Fixed cost optimisation PBT & Cash :  No working capital borrowing Continuous focus on Industry 4.0 and digitisation initiatives Commodity price fluctuations – focus continues in settlement with customers & overall management.”

Revenue

1

EBITDA

1

Revenue

Values in INR Mn  FY23 Q1 revenue has grown by 96% as compared to FY22 Q1.  FY23 Q2 demand is estimated slightly higher than FY23 Q1

EBITDA

 Project & Grow revenue & profitability is our key focus strategy for M25.  Commodity softening is on cards going forward  Continuous focus on Material cost & Variable cost efficiency and Fixed cost optimisation PBT & Cash :  No working capital borrowing Continuous focus on Industry 4.0 and digitisation initiatives Commodity price fluctuations – focus continues in settlement with customers & overall management. GROWTH through Mission 25 Strategy AAL Vs MHCV Market Growth ₹ 683 225 2013-14 ₹ 462 286 2014-15 (6 months)* ₹ 1,088 ₹ 1,149 ₹ 1,558 360 363 375 ₹ 1,942 476 ₹ 960 ₹ 913 ₹ 1,494 251 197 297 372 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 F - M&HCV Production Volume in '000s Revenue in ₹ Cr Mission 25 Focus Grow Revenue Enhance Profitability New Business Wins Operations Excellence Customer Value Status On Track On Track On Track On Track On Track 12 Propnetar~ CM.irttor, Inc., 2021 KEY ACTIONS to Manage Business Successfully Business Growth Strategy Cost Me