Linc Limited

rs,

e, Kolkata – 700001 The Manager The Department of Corporate Services, BSE Limited, P. J. Towers, Dalal Street, Mumbai - 400001 The Manager, The Listing Department, National Stock Exchange of

1.81%

ndustry Opportunity. Global Stationery Products Market 217.9 n o i l l i B $ S U 192.2 CAGR 1.81% 2020 2027  The stationery industry is divided into paper and non- paper stationery, the latter

3.6%

e larger share  US Market estimated at US$52 Bn in 2020  China Market projected to grow @ CAGR 3.6%, to reach US$42 Bn during 2020-27 period  Japan to grow at 0.2%, Canada to grow at 1.3% and Ge

0.2%

Market projected to grow @ CAGR 3.6%, to reach US$42 Bn during 2020-27 period  Japan to grow at 0.2%, Canada to grow at 1.3% and Germany to grow at 0.7% during 2020-27 period Source: Globenewswire.c

1.3%

@ CAGR 3.6%, to reach US$42 Bn during 2020-27 period  Japan to grow at 0.2%, Canada to grow at 1.3% and Germany to grow at 0.7% during 2020-27 period Source: Globenewswire.com, IBEF, 6Wresearch, gr

0.7%

2 Bn during 2020-27 period  Japan to grow at 0.2%, Canada to grow at 1.3% and Germany to grow at 0.7% during 2020-27 period Source: Globenewswire.com, IBEF, 6Wresearch, grandviewresearch.com, kdmarket

3.9%

Share of Relevant Market Writing & Marking Instruments Market Size2 32.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at U

36%

uments Market Size2 32.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at US$4.7 Billion in the year 2022.  China is fo

9%

s Market Size2 32.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at US$4.7 Billion in the year 2022.  China is foreca

45%

rket Size2 32.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at US$4.7 Billion in the year 2022.  China is forecasted

41%

Size2 32.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at US$4.7 Billion in the year 2022.  China is forecasted to re

50%

.9 22.5 2022 2032F CAGR 3.9% Ball & Gel Pen Roller Total 2020 2027 36% 9% 45% 41% 9% 50%  The USA is estimated at US$4.7 Billion in the year 2022.  China is forecasted to reach a pro

“Linc plans to increase its existing capacity at Gujarat from 10 lacs pen per day to 15 lacs pen per day in FY’25 & to 20 lacs pen per day subsequently FY’24 demand would be met by the existing capacity & stepping-up outsourcing, which has already been tied up Revenue potential of the new facility at full capacity will be ~ ₹15,000 lacs Total Project cost ~ ₹5,000 lacs.”

“Infra Cost of ~₹1,700 lacs will be spent in FY’24 through internal accruals Phase 1 Plant & Machinery of ~₹,1,800 Lacs in FY’25 & Phase 2 ~₹1,500 Lacs subsequently New plant is at the existing location (Umbergaon) to rationalize logistics and economic synergies Capacity expansion being phased to align with demand and company’s capital allocation strategy 41 Typical Price Waterfall.”

Note

3

Note

1. Cash Profit = PAT + Depreciation 2. Prior period figures are restated wherever necessary ₹ Lacs FY23 H1 FY24 48,676 15,197 31.2% 6,136 12.6% 3,740 7.6% 5,151 25.15 24,309 7,427 30.6% 2,574 10.6% 1,509 6.1% 2,262 10.15 36 Balance Sheet Summary. Particulars​ Net Worth​ Gross Debt​ Cash & Cash equivalent​ Net Debt​ Capital Employed1 Net Fixed Assets (incl CWIP)​ Net Current Assets​2 Total Assets​ FY19 12,337 6,205 11 6,194 19,388 7,541 6,087 23,240 FY20 13,697 4,575 13 4,562 19,199 7,870 7,219 24,535 FY21 13,471 812 14 797 15,025 7,106 5,437 20,046 FY22 14,285 299 9 290 15,178 8,215 6,072 20,162

Note

1. Capital Employed = Net worth + Gross Debt + Other long-term liabilities + Lease Liabilities 2. Net current assets does not include Cash & cash equivalents ₹ Lacs FY23 H1 FY24 17,722 18,470 - 760 (760) 18,730 9,038 7,748 23,746 - 597 (597) 20,977 10,949 8,154 26,231 37 Ratios. Particulars​ Ratios​ FY19 FY20 Solvency Ratios Net Debt/Op EBITDA​ Net ​Debt/Equity EBIT​/Interest Current Ratio Fixed Asset Turnover ​Total Asset Turnover Operational Ratios Inventory Days​ Debtor Days Payable Days Cash Conversion Cycle ROE ROCE Return Ratios

Note

ROCE = EBIT / Average Capital Employed & ROE = Net Profit / Average Net worth YTD figures are annualized FY21 0.06 0.78 -0.39 1.92 3.43 1.15 154 56 86 124 FY 22 0.02 0.13 15.81 2.14 4.63 1.77 98 36 60 74 ₹ Lacs FY23 H1 FY24 (0.04) (0.12) 79.78 2.56 5.64 2.22 89 27 48 68 (0.03) (0.12) 18.24 2.65 4.87 1.95 100 27 48 79 0.50 2.44 2.76 1.68 5.15 1.56 107 44 40 111 0.33 1.19 5.26 1.85 5.15 1.66 113 39 45 107 4.22% 8.97% 14.79% 14.89% 0.03% -0.62% 5.86% 7.67% 23.37% 30.24% 16.68% 21.84% 38 Shareholding Pattern. 24.8% 2.2% 0.2% 13.5% 59.3% Promoters Mitshubishi Pencil Co Ltd IEPF NRI, FII, AIF etc. Other Public As on 30th September’23 39 Thank You. For further details please contact Director Finance & CFO N.K.Dujari Email: investors@linclimited.com Phone No.: +91 9830042353 Landline: +91 33 68262100 Investor Relations Advisor Sanjeev Sancheti Email: ss@uirtus.in Phone No.: +91 9836244222 40 Expansion Plan. Linc plans to increase its existing capacity at Gujarat from 10 lacs pen per day to 15