Bharat Wire Ropes Limited

72,000 MT

0+ countries Integrated state-of-the-art wire rope plants with a Total Manufacturing Capacity of 72,000 MTPA Employing over 1,000 people Latest Technologies like high speed Stranding Machine, Zero liqui

32%

ing Machine, Zero liquid discharge facilities from Germany, U.K. and Korea 3 year CAGR Revenues: 32% EBITDA: 69% 3 Month order Book: Approx. INR 1,700 Mn 2 Company Overview Company Overview • Bhar

69%

Zero liquid discharge facilities from Germany, U.K. and Korea 3 year CAGR Revenues: 32% EBITDA: 69% 3 Month order Book: Approx. INR 1,700 Mn 2 Company Overview Company Overview • Bharat Wire Rope

INR 1,700

es from Germany, U.K. and Korea 3 year CAGR Revenues: 32% EBITDA: 69% 3 Month order Book: Approx. INR 1,700 Mn 2 Company Overview Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorp

6,000 MT

ashtra. • The company has two manufacturing plants, one in Atgaon, Maharashtra, with a capacity of 6,000 MTPA and one in Chalisgaon, Maharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA

66,000 MT

, Maharashtra, with a capacity of 6,000 MTPA and one in Chalisgaon, Maharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA Margins (%) 5,891 4,107 23.56% • BWR is one of the leading man

23.56%

aharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA Margins (%) 5,891 4,107 23.56% • BWR is one of the leading manufacturer of specialty steel wire, steel wire ropes, slings & stran

11.25%

el wire, steel wire ropes, slings & strands, with over thousands of varieties of products. 2,577 11.25% 2,502 12.99% 15.12% • The Company has the capability of manufacturing wire ropes ranging from 6

12.99%

wire ropes, slings & strands, with over thousands of varieties of products. 2,577 11.25% 2,502 12.99% 15.12% • The Company has the capability of manufacturing wire ropes ranging from 6 mm to 90 mm an

15.12%

pes, slings & strands, with over thousands of varieties of products. 2,577 11.25% 2,502 12.99% 15.12% • The Company has the capability of manufacturing wire ropes ranging from 6 mm to 90 mm and Steel

rs,

s of a vast array of industrial applications such as General Engineering, Aviation, Fishing, Elevators, Cranes, Material Handling, Onshore/ Offshore Oil Exploration, Ports & Shipping and Mining. FY20 FY

5%

BWR products are being exported to over 50 Countries including Australia, Middle East, Nepal, New 5% Zealand, UK, US, Singapore, South Africa, Vietnam and many more. • The company caters to governme

Profitability improved on account of

1

Valorem Advisors Disclaimer

1

Profitability improved on account of

o o o Increase in sales realisations Cost optimisation efforts Reduction of interest bearing borrowings The company has made an additional deferred tax provision (non cash item) of INR 83.5 Mn on account of change in tax structure, the Net profit would have been INR 706 Mn without this. 10 Key Operational Highlights Volume (In MT) Operational Revenue (INR Mn) +13% 38,536 34,261 +43% 5,891 4,107 FY22 FY23 FY22 FY23 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 1,388 +124% 621 23.56% 15.12% FY22 FY23 +354% 137 3.34% FY22 622 10.56% FY23 11 Quarterly Financial Performance Particulars (INR Mn) Revenue from Operations Total Expenses EBIDTA EBIDTA Margins (%) Depreciation and amortisation expenses Finance costs Other Income PBT Tax PAT PAT Margins (%) Other Comprehensive Income Total Comprehensive Income Diluted EPS Q4-FY23 Q4-FY22 1,623 1,166 457 1,345 1,133 212 28.16% 15.76% 52 62 2 345 186 159 53 62 3 100 23 77 Y-o-Y 20.7% 2.9% NA NA (1.9)% NA (33.3)% NA NA NA Q3-FY23

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 information please contact our Investor Relations Representatives: Valorem Advisors Mr. Anuj Sonpal, CEO Tel: +91-22-49039500 Email: bwr@val