Elecon Engineering Company Limited

rs 2022

eliness or completeness. 2 Safety and Wellness Period Q2 FY24 Q1 FY24 Last 3 Financial Years 2022-23 2021-22 2020-21 Minor Major Fatal 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0

rs,

0 At Elecon, safety and well-being take precedence as our utmost concern. Over the last three years, we have not experienced any Major and Fatal incidents. Our commitment involves continuous efforts

rs 35

rientation Global MNC with Strong Distribution Network Overseas Market 100+ Distributors & Dealers 35+ Customer representatives 4 Manufacturing & Assembly Centers 10 Sales Offices Domestic Market

rs 10

rket 100+ Distributors & Dealers 35+ Customer representatives 4 Manufacturing & Assembly Centers 10 Sales Offices Domestic Market 65+ Distributors & Dealers 55+ Customer representatives Pan In

rs 55

es 4 Manufacturing & Assembly Centers 10 Sales Offices Domestic Market 65+ Distributors & Dealers 55+ Customer representatives Pan India Presence Serving to 75+ Countries MANUFACTURING FACILITIE

28%

SSEMBLY & SERVICE CENTRE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 23% H1FY24 All Maps used in the presentation are not to scale.

35%

SERVICE CENTRE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 23% H1FY24 All Maps used in the presentation are not to scale. All data,

34%

NTRE SALES OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 23% H1FY24 All Maps used in the presentation are not to scale. All data, informati

29%

S OFFICE SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 23% H1FY24 All Maps used in the presentation are not to scale. All data, information, and ma

23%

SALES REPRESENTATIVE Contribution from Overseas Market 28% FY20 35% FY21 34% FY22 29% FY23 23% H1FY24 All Maps used in the presentation are not to scale. All data, information, and maps are pro

76%

gar, Gujarat The facility is spread over 335,000 Square Meter Capacity utilization for H1FY24 is ~76% Bird’s eye view of the Facility 10 Gear Division – Providing a wide variety of solutions Widest

39%

Power, Cement, Sugar, Steel etc. In-house manufacturing capabilities with 700+ machine tools 39%* Market Share in the Domestic Organized Market Best in class Gear Solutions Strong Brand Name

“❖ Signed-off Six OEM Business in European market, having annual estimated business volume of ~Euro 5.5 Million ❖ Prototype is under development and to be supplied to the OEMs by Q3FY24, commercial production expected to start from FY25”

“37 Consolidated Segment Wise Performance Revenue (Rs Crs.) EBIT (Rs Crs.) Order Intake (%) Margins (%) 23.9 26.0 21.8 25.4 +26.8% 784 r a e G +26.9% 618 333 423 +47.3% 199 +38.2% 80 110 135 Q2FY23 Q2FY24 H1FY23 H1FY24 Q2FY23 Q2FY24 H1FY23 H1FY24 Revenue Guidance of Rs 1,700 crores in FY24 22% 43% H1FY24 7% Steel Sugar Cement Power MHE Marine 10% Const.”

“& Engineering Steel Others Cement Q2FY23 Q2FY24 H1FY23 H1FY24 Q2FY23 Q2FY24 H1FY23 H1FY24 Revenue Guidance of Rs 300 crores in FY24 38 Consolidated Order Book Order Intake (Rs Crs.) Open Order as on 30th Sep’23 (Rs Crs.) +8.9% +16.8% 838 744 913 821 -3.7% 432 383 416 375 49 Q2FY23 41 Q2FY24 94 92 H1FY23 H1FY24 Gear MHE Key Highlights 632 520 112 H1FY23 738 615 123 H1FY24 ❖ Gear Division: The order intake for H1FY24 stood at Rs 821 Crs., up by 10% on Y-o-Y basis.”

Development on Overseas OEM Business

1

Arbitration awards

1

Development on Overseas OEM Business

❖ Signed-off Six OEM Business in European market, having annual estimated business volume of ~Euro 5.5 Million ❖ Prototype is under development and to be supplied to the OEMs by Q3FY24, commercial production expected to start from FY25

Arbitration awards

❖ As of September 2023, we have successfully realized Rs. 30.9 Crs from the arbitration award, out of the total award amount of Rs. 63.0 Crs. An additional Rs. 1.0 Cr is expected to be realized in October 2023. Negotiations for the remaining amount of Rs. 31.1 Crs are currently in progress ❖ Fresh arbitration proceedings initiated having the value of Rs. 31.0 Crs during Q1FY24, optimistic of favorable outcomes Capex incurred Rs. 24.0 Crs upto H1FY24 out of the Rs. 70.0 Crs planned for FY24 Improvement in Credit Ratings: LT - [ICRA] AA- (Stable); ST: [ICRA] A1+ in June-23 (Previous Credit Ratings: LT- [ICRA] A+ (Stable); ST: [ICRA] A1) Declared an Interim Dividend of Re 1.00/- (i.e. 50%) per Equity Share of Rs. 2/ - each 1 2 3 4 5 32 Strong Consolidated Quarterly & Half Yearly Performance Revenue (Rs Crs.) EBITDA (Rs Crs.) PAT (Rs Crs.) +25.5% 899 +38.9% 219 +51.2% 162 +24.8% 716 485 389 +28.2% 157 119 93 +37.3% 89 65 107 Q2FY23 Q2FY24 H1FY23 H1FY24 Q2FY23 Q2FY24 H1FY23 H1FY24 Q2FY23 Q2