Cyient DLM Limited

rs,

16 October 2023 BSE Limited PJ Towers, 25th Floor, Dalal Street, Mumbai 400001. Scrip Code: 543933 SUB: Investor Presentation Nation

106.4%

drop due to one-off PPV gains in FY23 and adverse Revenue mix in Q2 ▪ PAT growth YoY stands at 106.4% aided by Other Income ▪ Order Backlog is lower due to impact of seasonal orders expected in H2 (

₹ 2,918

sonal orders expected in H2 (primarily in Aero & Defense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoY

₹ 235

rs expected in H2 (primarily in Aero & Defense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEE

₹ 147

cted in H2 (primarily in Aero & Defense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPAT

71.5%

H2 (primarily in Aero & Defense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder B

0.5%

rily in Aero & Defense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEB

₹ 22,866

fense) 5 | © CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA MarginPAT Margin B

8.1%

© CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA MarginPAT Margin BUSINES

5.0%

CYIENT DLM 2023 | Confidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA MarginPAT Margin BUSINESS OV

571 bps

onfidential ₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA MarginPAT Margin BUSINESS OVERVIEW FINANCE UPDATE

85 bps

₹ 2,918 Mn₹ 235 Mn₹ 147 Mn71.5% YoY0.5% YoY106.4% YoY₹ 22,866 Mn8.1%5.0%- 2,601 Mn YoY-571 bps YoY85 bps YoYREVENUEEBITDAPATOrder BacklogEBITDA MarginPAT Margin BUSINESS OVERVIEW FINANCE UPDATES HIGHLIG

“Strategize entering disruptive industries like Electric vehicles and 5G Target inorganic expansion strategy for: • Client proximity and geographic footprint • Accessing target clients • Expanding our capabilities • Realigned sales structure to GTM strategy • Account specific strategy to tap opportunities • Focus to add new logos to defense portfolio.”

“New business to contribute towards Higher growth going forward ▪ Med Tech recorded de-growth of 18% YoY due to demand fluctuations • Expansion plans towards cable & Box build business have been initiated • Others (2%) share include Precision Machining Revenue ▪ Export share of business higher from increased demand in Industrial and Aerospace segment.”

Geographies

1

New Industries

1

New Industries

Strategize entering disruptive industries like Electric vehicles and 5G Target inorganic expansion strategy for: • Client proximity and geographic footprint • Accessing target clients • Expanding our capabilities • Realigned sales structure to GTM strategy • Account specific strategy to tap opportunities • Focus to add new logos to defense portfolio. • Tap into Make in India focus from Ministry of Defense • Building strategic engagements through large deals. 9 | © CYIENT DLM 2023 | Confidential Business Overview Finance Updates 10 | © CYIENT DLM 2023 | Confidential BUSINESS OVERVIEW FINANCE UPDATES FINANCIALS - DETAILED Q2 FY24: • Strong Q2 revenue growth at 71.5% YoY • EBITDA lower YoY due to: o One-off PPV gains in Q2 FY23 and higher revenue mix from low margin accounts o Higher employee costs towards planned investments in SG&A in Q2 FY24 • PAT growth of 106.4% YoY was contributed positively by Other income H1 FY24: • H1 Material costs inline with revenue growth while Employee costs