Greaves Cotton Limited

Arup Basu

MD

Sanjay Behl

ED & CEO

Narasimha Jayakumar

CEO

Rs. 569 crore

resentation Aug 10, 2023 1 Q1 FY24 Financial Highlights Company reported consolidated revenue of Rs. 569 crore for Q1FY24 GCL Revenue Rs. 396 Cr GCL+ Excel Revenue Rs. 435 Cr GCL Group Revenue Rs. 569 Cr

Rs. 396

nancial Highlights Company reported consolidated revenue of Rs. 569 crore for Q1FY24 GCL Revenue Rs. 396 Cr GCL+ Excel Revenue Rs. 435 Cr GCL Group Revenue Rs. 569 Cr Greaves Electric Mobility Rs 13

Rs. 435

ted consolidated revenue of Rs. 569 crore for Q1FY24 GCL Revenue Rs. 396 Cr GCL+ Excel Revenue Rs. 435 Cr GCL Group Revenue Rs. 569 Cr Greaves Electric Mobility Rs 135 Cr GCL+ Excel EBITDA Rs 59 Cr

Rs. 569

569 crore for Q1FY24 GCL Revenue Rs. 396 Cr GCL+ Excel Revenue Rs. 435 Cr GCL Group Revenue Rs. 569 Cr Greaves Electric Mobility Rs 135 Cr GCL+ Excel EBITDA Rs 59 Cr GCL+ Excel Margin 13.5% Q

Rs 135

396 Cr GCL+ Excel Revenue Rs. 435 Cr GCL Group Revenue Rs. 569 Cr Greaves Electric Mobility Rs 135 Cr GCL+ Excel EBITDA Rs 59 Cr GCL+ Excel Margin 13.5% Q1 FY24 highlights • GCL + Excel reve

Rs 59

Rs. 435 Cr GCL Group Revenue Rs. 569 Cr Greaves Electric Mobility Rs 135 Cr GCL+ Excel EBITDA Rs 59 Cr GCL+ Excel Margin 13.5% Q1 FY24 highlights • GCL + Excel revenue at Rs. 435 Cr, up by 16 %

13.5%

Rs. 569 Cr Greaves Electric Mobility Rs 135 Cr GCL+ Excel EBITDA Rs 59 Cr GCL+ Excel Margin 13.5% Q1 FY24 highlights • GCL + Excel revenue at Rs. 435 Cr, up by 16 % y-o-y • Greaves Engines + E

16 %

59 Cr GCL+ Excel Margin 13.5% Q1 FY24 highlights • GCL + Excel revenue at Rs. 435 Cr, up by 16 % y-o-y • Greaves Engines + Excel revenue growth of 18% • Greaves Retail revenue growth of 13% • N

18%

• GCL + Excel revenue at Rs. 435 Cr, up by 16 % y-o-y • Greaves Engines + Excel revenue growth of 18% • Greaves Retail revenue growth of 13% • New Acquisition Excel Revenue at Rs 39 Cr • Ampere Ele

13%

by 16 % y-o-y • Greaves Engines + Excel revenue growth of 18% • Greaves Retail revenue growth of 13% • New Acquisition Excel Revenue at Rs 39 Cr • Ampere Electric Scooter crosses cumulative 2 lakh

Rs 39

l revenue growth of 18% • Greaves Retail revenue growth of 13% • New Acquisition Excel Revenue at Rs 39 Cr • Ampere Electric Scooter crosses cumulative 2 lakh customers milestone. Q1FY24 Revenue at Rs

2 lakh

of 13% • New Acquisition Excel Revenue at Rs 39 Cr • Ampere Electric Scooter crosses cumulative 2 lakh customers milestone. Q1FY24 Revenue at Rs 135 Cr • Net Cash position Rs. 739 Cr Q1 FY24 INVEST

Engine vertical integration

1

Engineering integration

1

Engineering integration

Electric Powertrains and Cables and Sensors 8000+ RETAILE RS 150+ AUTOEVMART Service and spares: Aftermarket B2B and B2C customers: Dealerships and AutoEVMart B2B and B2C customers Q1 FY24 INVESTOR’S PRESENTATION 16 Greaves Engineering: Bespoke fuel-agnostic solutions represent current and future profit pools Customer-Centricity at the Core Mobility Industrial Infrastructure s n o i t a c i l p p A l s e u F s n o i t u o S l Single Cylinder Engines Multi Cylinder Engines Q1 FY24 INVESTOR’S PRESENTATION Gensets ePowertrain Cables; Steering & Transmission Systems; Levers; Engine Components, Electronic Sensors Components Greaves Electric Mobility Existing E2Ws Upcoming E2Ws April 2023 Magnus EX City Speed ZEAL Ex City Speed Primus High Speed NXG High Speed Electric Cargo Electric Passenger Other Fuel Types Upcoming E3Ws l s r e e e h W 2 l s r e e e h W 3 Q1 FY24 INVESTOR’S PRESENTATION 18 Designed, Developed, Engineered – MADE IN INDIA Greaves Retail: Asset-light Business Spanning E3W a