SANDHARNSE10 November 2022

Sandhar Technologies Limited has informed the Exchange about Investor Presentation

Sandhar Technologies Limited

Ref: STL /SE/2022-2023/Investor Presentation/54

Dated: 10th November, 2022

To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Bandra, (E), Mumbai – 400 051

Listing Department, National Stock Exchange of India Limited

C-1, G-Block, Bandra-Kurla Complex

To,

BSE Code: 541163; NSE: SANDHAR

Sub: Intimation to Stock Exchange- Investor Presentation in connection with Un-Audited Standalone & Consolidated Financial Results for the quarter and half year ended 30th September, 2022

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Un-Audited Standalone & Consolidated Financial Results for the quarter and half year ended 30th September, 2022, the same is uploaded on the website of the Company www.sandhargroup.com

Kindly take the same on record.

Thanking you,

Yours Faithfully,

For Sandhar Technologies Limited

Komal Malik Company Secretary & Compliance Officer

Encl.: As above

Sandhar Technologies Limited

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900

Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800

E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553

INVESTOR PRESENTATION H1 & Q2 FY-2022-23

SAFE HARBOUR

This presentation and the accompanying slides (the “Presentation”), has been prepared by Sandhar Technologies Limited (the “Company”), 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 whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but 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.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks the Indian economy and of the economies of various international and uncertainties include, but are not limited to, the performance of markets, the performance of the auto ancillary industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

KEY HIGHLIGHTS

Strong performance in H1 FY 22-23 despite various challenges faced during the period. Total Income stood at ₹1429 Crs. registering an impressive growth of 38% over H1 FY 21-22

FINANCIAL HIGHLIGHTS – H1 FY 2022-23

Total Income

₹ 1429 Crs.

EBITDA

₹ 120 Crs.

as compared to ₹ 1032 Crs. in H1 FY22 (Y-o-Y 38%)

as compared to ₹ 95 Crs. in H1 FY22 (Y-o-Y 27%)

PBT

₹ 41 Crs.

as compared to ₹ 31Crs. in H1 FY22 (Y-o-Y 32%)

Total Comprehensive Income

₹ 29 Crs.

as compared to ₹ 22 Crs. in H1 FY22 (Y-o-Y 30%)

 Industry registered a growth of 23% where as Sandhar has achieved an impressive growth of 38% on YoY basis.

 Profitability for H1 – FY 2022-23 is lower as compared to H1 – FY 2021-22, due to initial commissioning & other one-time startup expenses of new projects.

KEY HIGHLIGHTS

Strong performance in the Q2 FY 22-23 despite various challenges faced during the period. Total Income stood at ₹ 751 Crs.. registering an impressive growth of 21% over Q2 FY 21-22

FINANCIAL HIGHLIGHTS – Q2 FY 2022-23

Total Income

₹ 751 Crs.

EBITDA

₹ 63 Crs.

as compared to ₹ 620 Crs.. in Q2 FY22 (Y-o-Y 21%)

as compared to ₹ 62 Crs. in Q2 FY22 (Y-o-Y 1%)

PBT

₹ 23 Crs.

as compared to ₹30 Crs. in Q2 FY22 (Y-o-Y-23%)

Total Comprehensive Income

₹ 16 Crs.

as compared to ₹ 21 Crs. in Q2 FY22 (Y-o-Y -20%)

 Industry registered a growth of 12% where as Sandhar has achieved an impressive growth of 20% on YoY basis.

 Profitability for Q2 – FY 2022-23 is lower as compared to Q2 – FY 2021-22, due to initial commissioning & other one-time startup expenses of new projects.

CHALLENGES FACED

Rising inflation supported by continues increase in various input costs like Power, Fuel, Wages Etc.

Worldwide shortage of semi-conductor chips still continues.

Upcoming BSVI Phase 2 Regulations and transition to EV’s.

Increase in REPO Rates leading to overall increase in Cost of Debt.

Start of Production (SOP) of new projects extended by Customers & Price Negotiation still under discussion.

GLOBAL & DOMESTIC PRESENCE

Strategically Located Plants across all major auto hubs

Overseas: 4 Plants

India: 38 Plants

R&D

R&D Centre: 01

CO Corporate Office

India: 38

Haryana

Tamil Nadu

Karnataka

Himachal

Rajasthan

Maharashtra

Gujarat

Uttarakhand

Overseas: 4

Spain

Poland

Mexico

Romania

TC & JVs

South Korea

Japan

Taiwan

Sandhar’s EV Readiness and Product Profile

Company’s Overseas operations are already catering to 4W EV’s.

has Company already started supplying various products to major EV OE’s

Sandhar has largely geared up a play to dominant role in the EV transition.

Company has marked its presence in 2W and 3W EV Space by developing various products fitted in the EV’s.

EV Readiness

Detailed Product Profile and Customers follows in Next Slide

Sandhar’s Present Product Profile Compatible with EV’s

PROPRIETARY- AUTOMOTIVES- 28%

SHEET METAL & ALLIED- 22%

CASTING, MOULDING, TOOLING – (Domestic – 11% & Overseas – 13%)

CABINS & FABRICATION-14%

Others – 12%

Proprietary Business: Locking Systems I Rear View Mirrors I Door Handles I Latches & Hinges I Relays & Flashers I Painting of Plastic Parts

Sheet Metal & Allied Business: Sheet Metal & Tubular Parts I Handle Bar and Wheel Assemblies I Wheel Rims, Alloy Wheels and Spokes I Fenders & Mufflers I Clutch Assembly I Fabricated parts.

CMT Business: Zinc Die Casting Parts I Non Ferrous Metal –Stamping I Injection Moulded Plastic Parts & Aluminum Die Casting.

Cabins & Fabrication Business: Operator Cabins for Excavator I Backhoe Loader I Wheel Loader I Motor Grader I Dozer I Compactor I Canopies I Doors I Floor Plates I Buckets I Shovels I Guards I Hyd. & Fuel Tanks.

Products: New Products Developed- Compatible for both EV & Non-EV Vehicles

Electronic Steering Column Lock

Ambient Air Pressure Sensor

OFF/ LOCK Indication for Key

Foldable Key

e-PCV

Vehicle Location & Security System (VLSS)

Tyre Pressure Monitoring Sensor (TPMS)

CBS for Motorcycles

Roll Over Valve

USB Charger

Mobile Holder with Charger

Detent Foldable Mirror

Mirror with Turn Indicator

Keyless Smart Lock

4 in 1 Lock

Shutter Lock

Seat Latch Actuator

Products Supplied to EVs

2 Wheelers

450 X

Zeal

Magnus

D15

I Qube

Booma Innovative

Anav 1200

Products

Smart Lock

Seat Latch

Flap door Lock

4 in1 lock

Plastic Components

Mirror Assembly

Ignition Lock

Seat Lock

Cam Seat Lock

Products Supplied to EVs

Commercial Vehicles

Alfa E mini

Treo Yari

Treo Zor

ACE EV

Products

Mirror Assembly

Key-set Assembly

Expected Timeline of New EV Products

Product

Proto Readiness

Performance Validation

Product Validation

iCAT approval

Development Status

Hub Motor

Dec’22

Feb’23

Jun’23

July’23

Mid Drive Motor (With Konmos)

Done

Nov’22

Mar’23

Apr’23

Motor Controller

Dec’22

Nov’22 -Dec’22 Mar’23 – Apr’23

Mar’23 – Apr’23

DC Controller

Nov’22 – Dec’23

Dec’22

Dec’22 - Feb’23

Jan’23 - Mar’23

EV Charger

Jan’23- Jul’23

Feb’23-Aug’23

May’23-Nov’23

Battery Management System

Done on POC Level (Put on Hold)

Nov’23

Feb’24

Segment wise Revenue* Share (₹ 1421 Crs.) - H1 FY 2022-23

*Revenue from operations excluding other income.

Segment wise Revenue* Share (₹ 746 Crs.) - Q2 FY 2022-23

4 W 4-W

₹ 435 Crs. – 58%

₹ 156 Crs. – 21%

CV& OHV CV, OHV & Other ₹ 155 Crs. – 21%

*Revenue from operations excluding other income.

FINANCIAL INFORMATION & RECENT UPDATES

H1-FY 23 Financial Snapshot

Consolidated

(fig. in ₹ Crs.)

Standalone

38%

27%

41%

35%

32%

30%

34%

35%

* PAT Inclusive of Other Comprehensive Income  Losses (EBT) from New Projects in H1-23 is ₹ 20.25 Crs.  EBT after eliminating losses of new projects is ₹ 61.71 Crs. being 4.32% of total income.  Price Settlement with customers is under discussion for new projects.

 Losses (EBT) from New Projects in H1-23 is ₹ 7.97 Crs.  EBT after eliminating losses of new projects is ₹ 52.20 Crs. being 4.33% of total income.  Price Settlement with customers is under discussion for new projects.

Q2-FY 23 Financial Snapshot

Consolidated

(fig. in ₹ Crs.)

Standalone

GR Vs LY 21%

GR Vs Q1 11%

GR Vs LY 1%

GR Vs Q1 9%

GR Vs LY 18%

GR Vs Q1 11%

GR Vs LY -1%

GR Vs Q1 9%

GR Vs LY -23%

GR Vs Q1 21%

GR Vs LY -20%

GR Vs Q1 32%

* PAT Inclusive of Other Comprehensive Income

GR Vs LY -29%

GR Vs Q1 4%

GR Vs LY -29%

GR Vs Q1 10%

 Losses (EBT) from New Projects in Q2-23 is ₹ 12.21 Crs.  EBT after eliminating losses of new projects is ₹ 34.92 Crs. being 4.65% of total income.  Price Settlement with customers is under discussion for new projects.

 Losses (EBT) from New Projects in Q2-23 is ₹ 4.08 Crs.  EBT after eliminating losses of new projects is ₹ 26.65 Crs. being 4.20% of total income.  Price Settlement with customers is under discussion for new projects.

Profit & Loss Statement – Consolidated

(fig. in ₹ Crs)

Particulars Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation

Profit before exceptional item, share of loss in joint ventures and tax

PBT % Exceptional item** Losses from JV Profit after exceptional item, share of loss in joint ventures before tax* Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)*** Cash Earning Per Share (CEPS)***

Q2 FY 23 Q2 FY 22 620.36 750.81

YoY (%) 21.0%

Q1 FY 23 QoQ (%) 10.7% 678.09

H1 FY23 1428.90

H1 FY22 1032.04

HoH(%) 38%

FY 22 2330.68

480.37 56.04 41.03 110.70 688.15 62.66 8.3% 7.29 0.98 29.07

372.67 48.68 34.51 102.49 558.34 62.03 10.0% 2.70 0.90 24.69

28.9% 15.1% 18.9% 8.0% 23.2% 1.0% -1.7% 170.2% 9.4% 17.7%

425.63 52.54 38.07 104.31 620.54 57.55 8.5% 6.07 1.05 28.83

12.9% 6.7% 7.8% 6.1% 10.9% 8.9% -0.1% 20.0% -6.2% 0.8%

906.00 108.58 79.10 215.01 1308.69 120.21 8.4% 13.36 2.03 57.91

603.17 76.44 76.26 181.46 937.33 94.70 9.2% 4.10 3.36 48.55

25.32

33.74

-25.0%

21.60

17.2%

46.92

38.69

3% 1.10 1.50

22.71

6.35 16.37 2.2% -0.03 16.34 2.2% 47.34 2.72 7.87

5% - 4.10

-2.1%

-63.4%

3.19% - 2.84

0.2%

-47.2%

29.64

-23.4%

18.76

21.1%

8.42 21.21 3.4% -0.70 20.51 3.3% 48.19 3.53 8.01

-24.7% -22.8% -1.2% 95.8% -20.3% -1.1% -1.8% -22.8% -1.8%

6.05 12.71 1.9% -0.38 12.34 1.8% 43.41 2.11 7.21

4.9% 28.7% 0.3%

92.1%

32.4% 0.4% 9.1% 28.9% 9.1%

3.3% 1.10 4.34

41.47

12.39 29.08 2.0% -0.40 28.68 2.0% 90.76 4.83 15.08

3.7% -

7.29

31.40

8.08 23.33 2.3% -1.20 22.13 2.1% 75.71 3.88 12.58

50% 42% 4% 18% 40% 27% -0.8% 226% -39% 19%

21%

-0.5%

-40%

32%

53% 25% -0.2%

66.3%

30% -0.1% 20% 25% 20%

1415.84 180.73 137.64 383.47 2117.67 213.01 9.1% 13.74 3.97 100.03

95.27

4.1% 1.11 12.72

81.44

25.51 55.93 2.4% 4.90 60.83 2.6% 176.11 9.29 29.26

* Losses (EBT) from New Projects in H1-23 is ₹ 20.25 Crs. Price Settlement with customer is under discussion for new projects. ** An impairment charge of ₹ 3.04 Crs towards investment made in Sandhar Whetron Pvt. Ltd. *** Not Annualized

Profit & Loss Statement – Standalone (fig. in ₹ Crs)

Particulars Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation Profit before exceptional item and tax PBT % Exceptional item** Profit after exceptional item and before tax* PBT % Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)*** Cash Earning Per Share (CEPS)***

Q2 FY 23 Q2 FY 22 538.05 634.03

YoY (%) Q1 FY 23 QoQ (%) 10.9% 571.96 17.8%

H1 FY23 1205.99

H1 FY22 857.10

HoH(%) 41%

FY 22 1946.17

439.97 45.12 27.11 70.96 583.15 50.87 8.0% 3.82 0.34 21.09 25.61 4.0%

3.04 22.57 3.6% 5.95 16.62 2.6% 0.05 16.67 2.6% 37.71 2.77 6.26

358.14 39.66 23.37 65.34 486.50 51.55 9.6% 1.30 0.38 18.21 31.67 5.9% - 31.67 5.9% 7.98 23.69 4.4% -0.11 23.58 4.4% 41.90 3.94 6.96

22.8% 13.8% 16.0% 8.6% 19.9% -1.3% -1.6% 194.9% -10.0% 15.8% -19.1% -1.8%

-28.7% -2.3% -25.4% -29.9% -1.8% 149% -29.3% -1.8% -10.0% -29.8% -10.0%

392.90 41.86 25.47 64.94 525.17 46.79 8.2% 3.25 0.36 21.53 21.66 3.8% - 21.66 3.8% 5.86 15.80 2.8% -0.66 15.14 2.6% 37.33 2.62 6.20

12.0% 7.8% 6.5% 9.3% 11.0% 8.7% -0.2% 17.7% -3.7% -2.0% 18.3% 0.3%

4.2% -0.2% 1.6% 5.2% -0.1% 108% 10.1% 0.0% 1.0% 5.3% 1.0%

832.87 86.99 52.57 135.90 1108.32 97.66 8.1% 6.05 1.73 42.62 47.27 3.9%

3.04

44.23 3.7% 11.81 32.42 2.7% -0.61 31.81 2.6% 75.04 5.39 12.47

564.89 66.34 44.92 108.55 784.70 72.40 8.45% 1.99 1.69 35.71 33.02 3.85% - 33.02 3.9% 8.33 24.68 2.9% -1.12 23.56 2.75% 60.39 4.10 10.03

47% 31% 17% 25% 41% 35% -0.3% 204% 2% 19% 43% 0.1%

34% -0.2% 42% 31% -0.2% 46% 35% -0.11% 24% 31% 24%

1308.71 144.10 90.06 232.18 1775.06 171.11 8.8% 7.70 1.73 74.26 87.42 4.5% 1.10 86.32 4.4% 24.89 61.43 3.2% -2.20 59.22 3.0% 135.69 10.21 22.54

*Losses (EBT) from New Projects in H1-23 is ₹ 7.97 Crs. Price Settlement with customer is under discussion for new projects. ** An impairment charge of ₹ 3.04 Crs towards investment made in Sandhar Whetron Pvt. Ltd. *** Not Annualized

Balance Sheet

Particulars

Application of Funds

Consolidated

Standalone

30-Sep-2022 31-Mar-22 30-Sep-2022 31-Mar-22

(fig in ₹ Crs)

Gross Fixed assets

1,649 1,523 1,058 1,033

Less: Acc. Depreciation

508 453 383 343

Net Fixed assets with CWIP

1,142 1,070 675 690

Non-current investments

41 47 176 164

Other non-current assets

57 62 16 17

Inventories

291 260 162 156

Trade receivables

470 445 442 407

Other Current Assets

123 94 36 27

Total Application of Funds

2,124 1,978 1,507 1,461

Sources of Funds

Share capital

60 60 60 60

Reserves and surplus

814 799 818 800

Shareholders' Funds

874 859 878 860

Minority Interest

4 4 - -

Other Non-current liabilities

92 99 15 20

Long Term Secured Loans (A)

293 247 98 90

Short Term Loans (B)

284 269 117 148

Total Loans (A+B)

577 516 216 238

Current liabilities & Provisions

577 500 397 343

Total Sources of Funds

2,124 1,978 1,507 1,461

Credit Rating A1+ (ST) and AA- (LT) Affirmed till Oct 23 (India Ratings)

Cash Flow Statement (fig in ₹ Crs)

Particulars

Consolidated

Standalone

YTD Sep'22 Mar'22

Cash Flows from Operating Activities Profit before tax Depreciation and amortization expense Other adjustments Operating profit before working capital changes Movements in working capital: Cash generated from operations Taxes Paid Net cash inflow from operating activities ( A ) Cash Flows from Investing Activities Capital Expenditure Purchase/Investments in joint ventures / subsidiaries (Purchase) / Proceeds from Sale of investments in Joint Ventures Other Reciepts Net cash used in investing activities ( B ) Cash Flows from Financing Activities Borrowings Proceeds Payment of lease liabilities including lease interest Dividend Paid Interest paid Net cash flow used in financing activities ( C ) Foreign currency translation gain Net increase/(decrease) (A+B+C) Opening Cash Balance Cash and equivalents at the end of the year

in cash and cash equivalents

41 58 19 118 (1) 117 11 106

(133) (0) 1 3 (129)

61 (7) (14) (13) 28 (1)

4 7

81 100 29 210 (141) 69 20 49

(297) (15) -

1 (312)

295 (16) (6) (14) 260 1

(3)

6 4

44 43 9 96 8 104 11 93

(32) (17) 1 3 (45)

(22) (5) (14) (7) (47) -

0 1

86 74 8 169 (132) 37 19 18

(143) (50) -

2 (191)

195 (9) (6) (7) 173 -

(1)

1 0

Subsidiaries Performance

(fig in ₹ Crs.)

40%

101%

Sandhar Barcelona Sandhar Tooling Sandhar Automotive Systems Sandhar Engineering Total Revenue

15% 52%

H1 FY 23 H1 FY 22 Growth 171.10 197.06 4.19 6.39 - 32.65 - 8.45 175.29 244.55

40%

Sandhar Barcelona Sandhar Tooling Sandhar Automotive Systems Sandhar Engineering Total EBITDA

2% 83%

H1 FY 23 H1 FY 22 Growth 21.76 0.79 - - 22.55

22.23 1.45 1.80 (2.56) 22.93

Sandhar Barcelona* Sandhar Tooling Sandhar Automotive Systems Sandhar Engineering Total EBT

* Including initial commissioning and startup expenses of New Project Romania ₹ 5.18 Crs.

H1 FY 23 H1 FY 22 Growth -18% 272%

5.13 0.71 0.91 (6.81) (0.06)

6.26 (0.41) - - 5.84

-101%

Status of New Projects as on 30th September 2022

S. No.

Name of Company

Location

Business Division

SOP

Land & Building Status

Domestic

Products

Project Status

Sandhar Technologies Limited Nalagarh, (HP)

Jan-22

Leased

Muffler and frame for two wheelers

Sandhar Engineering Private Limited

Halol, (Guj)

May-22

Leased

Guard Saree, Chain case and fender

Dispatches started on 27th January 2022 Dispatches started on 2nd May 2022 - Phase I, Phase II - 5 Acres Land has been alloted and construction started soon

Sheet Metal

Hosur, (TN)

Sep-22

Leased

Muffler and frame for two wheelers

Supply started on 8th September 2022

Sandhar Engineering Private Limited Sandhar Engineering Private Limited

Mysore, (KTK)

Feb-23

Owned

Sandhar Technologies Limited Pathredi, (Raj)

Proprietory (SMT)

Jan-23

Existing

Sandhar Auto Castings Private Limited

Hosur(TN) & Mysore(KTK)

Machining for Casting

Jan-23

Leased

Muffler, frame for two wheelers and fuel tank. Smart Handle, Parking Sensor, Shark Fin Antenna, USB Charger, Electric Steering Lock Machining and Painting of Aluminum Die Casting Parts on Job Work Route (Crankcase Casting R & L, Cover Clutch, Hub Comp Rear Wheel Casting, Cover Variator Casting, Cover Magneto Casting & Cover Clutch Casting etc)

Construction is in progress

1.Machine installation and testing completed. 2. DAN 0 event parts sent to Honda Car

1. Site development is in progress 2. Major Machinery and equipment are in final stage for Order.

Sandhar Technologies Ro SRL Romania, Spain

Aluminium Die Casting

Dec-22

Owned

Supports, Brackets and Pivots.

Construction finished, awaiting activity permits

Overseas

Building 3D View

Sandhar Engineering Private Limited- Mysore Project

Products

Muffler

Fuel Tank

Swing Arm

Frame

SOP:- Feb-23

Sandhar Engineering - Mysore Project - Construction

SOP:- Feb-23

Sandhar Engineering Private Limited- Attibele Project

Products

Muffler

Plant Inside View

Frame

Dispatch Already Started

Surface Mount Technology (SMT Line) Project

Plant Inside View

Product Printed Circuit Board Assembly (PCBA)

PCBA-Applications

Smart Handle

Shark Fin Antenna

Parking Sensor

Electric Steering Lock

USB Charger

SOP:- Jan-23

Machining Project (fig in ₹ Crs)

Highlights / New Developments

Mysore – Project

•

Secured new business of Machining for Castings from TVSM on Job Work Basis. 1st Year business value is expected to be ₹ 77 Crs with an assured margin (EBT) of 8 %. The project will have a capital outlay of ₹ 75 Crs (estimated) in form of Plant & Machinery & Other Assets Expected EBITDA is 27.27% (based on 1st Year’s Revenue Estimates). Expected ROCE is 15%. (based on 1st Year’s Revenue Estimates). Both Manufacturing facilities at rented premises.

Hosur – Project

SOP:- Jan-23

Romania Project Construction Completed & Permits Awaited

SOP:- Dec-22

Major Products

Supports

Brackets

Pivots

THANK YOU

Sandhar Technologies Limited Corporate Office: Plot No. 13, Sector 44, Gurugram-122001, Haryana- India CIN: L74999DL1987PLC029553 Website: www.sandhargroup.com Email: investors@sandhar.in (For Retail Investors) Investors.relations@sandhar.in (For Institutional investors)

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