RTNINDIANSE9 November 2023

RattanIndia Enterprises Limited has informed the Exchange about Investor Presentation

RattanIndia Enterprises Limited

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November 09, 2023

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code- 534597

Bandra (East),

Mumbai-400 051

RTNINDIA

National Stock Exchange of India Limited

Exchange Plaza, Bandra Kurla Complex

Sub: Investors Presentation

Dear Sirs/Madam,

Please find attached herewith a copy of the Investors Presentation.

Please take the same on your records.

Thanking you,

Yours faithfully, For RattanIndia Enterprises Limited

Rajesh Arora Company Secretary

Encl: as above

RattanIndia Enterprises Limited CIN: L74110DL2010PLC210263 Registered Office: 5th Floor, Tower-B, Worldmark 1, Aerocity, New Delhi -110037 Website: www.rattanindia.com, E-mail: rel@rattanindia.com, Phone: 011 46611666

Investor Presentation

November 9, 2023

Disclaimer

This document contains certain forward-looking statements based on current expectations of RattanIndia Enterprises (REL) management. Actual results may vary significantly from the forward-looking statements in this document due to various risks and uncertainties.

These risks and uncertainties include the effect of economic and political conditions in India, and outside India, volatility in interest rates and in securities markets, new regulations and government policies that might impact the business of RattanIndia Enterprises, the general state of the Indian economy and the management’s ability to implement the company’s strategy. RattanIndia Enterprises doesn’t undertake any obligation to update these forward-looking statements.

This document does not constitute an offer or recommendation to buy or sell any securities of RattanIndia Enterprises or any of its subsidiaries or associate companies. This document also doesn’t constitute an offer or recommendation to buy or sell any financial products offered by RattanIndia Enterprises.

Key Quarterly Highlights

❖ H1 FY24 Revenue is Rs. 3,090 Cr vs. H1 FY23 of Rs. 1,872 Cr (Increase of 65%), PAT for H1FY24 is Rs. 319 Cr ❖ Q2 FY24 Revenue is Rs. 1,618 Cr vs. Q2 FY23 of Rs. 1,281 Cr, PAT for Q2FY24 is Rs. 141 Cr

❖ Achieved Q2 FY24 Revenue Rs.1,395 Cr vs Q2 FY23 Revenue of Rs. 1178 Cr

❖ H1 FY24 Revenue Rs. 2,607 Cr vs H1 FY23 Revenue of Rs. 1,869 Cr

❖ H1 FY24 Revenue increased by 40% from H1 FY23

❖ 951 active vendors in Q2 FY24 (Q2 FY23 600+ Vendors)

❖ Over 2.5 Cr orders served in 20,000+ PIN codes (1 order every ~3.2 seconds)

❖ Achieved an avg 5 star rating on Amazon Platform (52k reviews)

❖ 40 lakhs+ unique items offered

❖ “Deloitte Touche Tohmatsu India LLP” is the Internal Auditor for Cocoblu

❖ House of brands (D2C) scaled up further launching Revolt merchandise (both

online & offline) in addition to existing casual wear, athleisure and denims

❖ Fyltr (smart casual wear), brand store @ www.amazon.in/fyltr

❖ Pump’d (athleisure), brand store @ www.amazon.in/pumpd

❖ Inkd (denim), brand store @ www.amazon.in/inkd

❖ Revolt (merchandise), brand store @ www.amazon.in/revolt

❖ India’s no. 1 electric motorcycle company for 6 years

❖ REL acquired 100% stake in Jan 2023

❖ First company to resolve old FAME issues by paying due amount of Rs. 50 Cr to govt.

❖ Increased the dealer stores from 58 to 92, another 61 dealerships underway, aggregating to

153 stores

❖ Also selling on leading e-commerce platforms: Flipkart, Amazon, BikeDekho

❖ Revolt introduced 2 new color options for RV400 – Galaxy Blue and Stealth Black

❖ Received DGCA Type Certification approval for DOPO

❖ Launched a new product L07 Cargo drone

❖ Signed an MOU with leading aviation institute IIA for drone training

❖ Key focus on driving synergies between Manufacturing & Training

❖ Lender Partners 37+ comprising of Top Banks and NBFC’s offering personal and two-

❖ Initiated a pilot program of selling apparel, shoes and handbags on

wheeler loans

Amazon.com to service US, Canada and Mexico

❖ Disbursed 30,100+ loans till date with a value of Rs 438+ Cr

❖ We continue to partner with multiple insurance companies in India

Digital ecosystems will be key drivers in India’s aspirations to be $5 trillion economy

Enablers of India’s digital economy

1.4 billion

86%

2.2 billion

1 billion

$354 billion

People onboarded on Aadhaar stack

Estimated Smartphone Penetration

Bank Accounts

Aspiring Indians

Estimated fintech market opportunity

Aadhaar has evolved into a world-class digital service delivery platform

Majority of the population will have a smartphone by 2028

Led by largest financial inclusion scheme in the world

Large population in income range of Rs. 2.5 – 14 lac per annum

Fintech industry is expected to grow at 42% CAGR from 2022 -28

REL will capitalize on businesses with cutting edge technologies which have the potential to transform the lives of billion plus Indians

Note: 1. https://www.ibef.org/industry/banking-presentation 2. https://www.ibef.org/news/india-likely-to-have-900-million-active-internet-users-by-2025-report 3. Care Industry Report

Our business interests

E-commerce 100% subsidiary

Electric Vehicles 100% shareholding

Drones 100% subsidiary

Fintech 100% subsidiary

Invested in the future

Matternet2

Residual equity holding - RattanIndia Power 19.81% shareholding

Note: 1. NeoSky holds 60% stake in TAS 2.

Strategic investment approved by Shareholders

Our governance

50% of Board is independent

Statutorily audited by Walker Chandiok & Co LLP (GT)

Governance committees headed by Independent Directors

Audit, Nomination and Renumeration, Corporate Social Responsibility (CSR) Stakeholders’ Relationship

Robust regulatory compliance

Guided by qualified and competent Advisory Board

Our philosophy on business

⚫ New Age businesses

⚫ ESG compliant

⚫ Direct to consumer engagement

⚫ Staying away from debt-heavy businesses

⚫ Low capex

⚫ Clean tech focus

⚫ Rapid scalability

⚫ Aiming to be amongst the leaders

REL is a family of strategic growth platforms

Advisory Board of eminent professionals

Mr. Arun Duggal

Chairman of ICRA (A Subsidiary of Moody's USA) and ex-Chief Executive Officer of Bank of America – India

)

Mr. Yashish Dahiya

Co-founder and Group CEO of Policybazaar

Mr. Ranu Vohra

Co-founder and Executive Vice Chairman, Avendus Capital

Mr. Jan Preiss

Co-founder and CEO of Oxford Latinitas, UK

Mrs. Anjali Rattan Nashier

Co-founder & Business Chairperson, RattanIndia Enterprises

Mr. Rajiv Rattan

Co-founder & Chairman, RattanIndia Group

Advisory board entrusted with:

⚫ Building investment strategy ⚫ Reviewing investment proposals ⚫ Monitoring performance of investee companies and subsidiaries ⚫ Assisting the management with external relationships

A highly experienced management team

Mr. Vijay Nehra

Mr. Ashok Kumar Sharma

Mr. Rajesh Arora

Mr. Davinder Dogra

Chief Operating Officer

Chief Financial Officer

Company Secretary

Deputy Chief Financial Officer

• A seasoned professional with 26

years of experience in various sectors such as FMCG, Real Estate, Financial Services and Real estate Investing In his last stint, served as the CEO of Indiabulls Asset Reconstruction Company

•

• Rich experience of more than 30 years in Finance, Operations & Compliance in diverse verticals like Financials, Tax, Due-Diligences, FDI, SEBI, RBI Compliances, and many more.

• Has been associated with the group

for more than 23 years

• A qualified Company Secretary as

• Over 24 years of experience in

well as Law Graduate from University of Delhi, Mr. Arora brings over 28 years of Secretarial and Legal experience across different industries

• Previously associated with large conglomerates such as Brittania Industries, M&M ltd etc

sectors like FMCG, Telecom & Retail Sector with expertise in partnering with business to achieve corporate goals

• Previously worked in renowned

organisations like DLF, Future Group, Airtel, PepsiCo and Pernod Ricard

Businesses of the future Smarter take on opportunities

Universe of possibilities: E-commerce platform

Partnering vendors in their growth

Helping MSME’s go online

Seller on Amazon.in

Other online marketplaces

Private Brands

Licensing of brands

Capitalizing on full potential of e-commerce universe through multi-faceted foray Drivers of growth: a) Robust IT infrastructure, b) Strong physical setup, c) 880+ brands

Opportunity of a lifetime

20%

15%

10%

300

250

200

150

100

16%

500

200

600

500

400

300

200

100

220

120

250

200

150

100

2022

2028

2023

2030

2018

2025

E-Commerce Market Penetration

E-Commerce User Base (In millions)

Online Shoppers (In millions)

276

86%

66%

100%

80%

60%

40%

20%

2022

2030

2022

2028

1400 1200 1000 800 600 400 200 0

1236

760

2022

2028

E-Commerce Market Size (In $Billions)

Smartphone Penetration

Indian Retail Market Size (In $Billions)

Source : Care Industry Report

Key Operational Metrics – Experiencing Strong Growth

❖ Achieved Q2 FY24 Revenue of Rs. 1395 Cr vs Q2 FY23 Revenue of Rs. 1178 Cr

❖ Achieved H1 FY24 Revenue Rs. 2,607 Cr vs H1 FY23 Revenue of Rs. 1,869 Cr

❖ Increase of 40% in Revenue over H1 FY23

❖ Achieved average daily sales run rate of Rs 14.2 Cr in H1 FY24 vs. Rs 10.2 Cr in H1 FY23

❖ 2.5 Cr+ orders served for Q2FY24 (Avg. order frequency of 1 order every ~3.2 seconds)

❖ Have tied up with ~143+ Amazon fulfilment centres that enables it to deliver across 99% of the PIN

codes in the country

❖ Already served 20,000+ PIN Codes across India

❖ 951 active vendors in Q2 FY24 (Q2 FY23 600+ Vendors)

❖ Achieved an avg. 5 star review ratings on Amazon Platform (52k reviews)

❖ Robust processes built on best-of-breed tech tools help in managing the details of retail

❖ Big data and advanced ML algos keep Cocoblu on top of the complexity that comes with stocking 45

lakh+ unique items

3.4

H1 FY23

H1 FY24

No. of Orders (In Crores)

14.2

10.2

Revenues

Q2 FY24

Q2 FY23

Growth %

H1 FY24

H1 FY23

Growth %

in Rs. crore

1,395

1,178

18%

2,607

1,869

40%

H1 FY23

H1 FY24

Daily Sales Run Rate (In Rs. Crores)

Partner Brands

and many more……

Led by expert retail professionals

Mr. Mouli Venkataraman, CEO ⚫ Alumnus of prestigious IIT Madras and

IIM Lucknow

⚫ Previously Category leading retail house

Leader

⚫ Vast experience in retail companies India, Arvind Lifestyle

like Cloudtail Brands, Nokia and Asian Paints

Housed in 26,000 sq. ft. office space in Bangalore

245+

Team members With 950+ years of experience in retail

With deep expertise in scaling up brands in e-commerce

Mr. Soumik Bhusan, CFO ⚫ Alumnus of prestigious IIM Bangalore and qualified Chartered Accountant from India as well as from England & Wales

organizations

⚫ 18 years of experience having worked at Amazon, Bloomingdales (Al Tayer), Macmillan, Titan, Reliance, Goldman Sachs, and CMIE.

⚫ Held various leadership and academic

positions

Top B- Schools/ Firms

Rich execution capabilities

Deeply proficient in technology

Strong team, IT and other infrastructure in place to support growth

New Brands, New Beginnings

House of Digital First Brands

Active Wear

Casual Clothing

Denim Wear

Biking Lifestyle Inspired Official Merchandise

House of Digital First Brands

About Our Brands - INKD

❖ Achieved the status of an “Amazon Top Brand” within a short span of time

❖ Lifestyle denim- wear brand with ~90 style colors

❖ For Men and Women

❖ Range of denim bottoms with a wide range of fits, denim jackets & shirts

❖ Priced between INR 599 to 999

❖ Available exclusively on amazon at amazon.in/inkd

About Our Brands - Fyltr

❖ Achieved the status of an “Amazon Top Brand” within a short span of time

❖ A casual brand offering a wide range of options in solid colours

❖ A range of T-shirts, Shirts, Tops, Shorts, Khakis and more for both men and

women with more than 220 style colors

❖ Colours and fits tailored to Indian consumers’ palette and body types

❖ Priced between INR 399 to 999

❖ Available exclusively on amazon at the brand store amazon.in/fyltr

Fyltr – New Winter Collection Launched

About Our Brands – Pump’d

❖ Achieved the status of an “Amazon Top Brand” within a short span of time

❖ Active wear brand with over 150 style colors

❖ Tank tops, workout t-shirts, leggings, track pants, capris and more for men

and women

❖ Made with new age fabrics that are both soft & lightweight

❖ Priced between INR 299 to 899

❖ Available exclusively on amazon at the brand store amazon.in/pumpd

Official Revolt Merchandise

Licensing – Range of Biking Lifestyle Inspired t-shirts

Neobrands : New brands, new beginnings

India’s no. 1 electric motorcycle company for 6 years

Special Limited Edition Stealth Black launched on 6th anniversary

Cricket World Cup Edition, latest launch

Revolt Ad on Disney + Hotstar – Cricket World Cup 2023

amazon. Click Here in/fyltr

Industry Dynamics

India’s EV penetration

2-wheelers

4-wheelers

EV sales in India recorded Y-o-Y 93% growth in FY2023 to reach 8.3 lakhs unit

⚫ Domestic Market for 2Ws is huge, and expected to double by 2030E; 70% of

80%

all 2Ws sold are Motorcycles

<1%

2020

30%

2030E

⚫ EV Penetration is expected to reach 80% by FY’30E – translating to ~17

million units' sales

⚫ Upfront costs of EV continue to go down with advancements in battery

technology and economies of scale

India tracking tremendous scale up in electric two-wheeler sales during this decade

Source: Industry Reports, Vahaan Portal, NITI Aayog

Hugely favorable Total cost of ownership

Make & Model

On Road Price

Comparable Petrol Bike

Rs. 1,00,217

Range (Per litre & per full charge)

Fuel Cost(Per litre petrol and per unit power)

Per km Fuel Cost

Range covered in 5 years (in kms) - Assuming 50 kms per day

Fuel Cost for 5 years

Total Cost

Rs. 105

2.1

91,250 km

Rs. 1,91,625

Rs. 2,91,842

Revolt RV400

Rs. 1,56,398

150

Rs. 32.4

0.22

91,250 km

Rs. 20,075

Rs. 1,76,473

Total Cost of ownership of petrol bike is 65% more expensive than Revolt RV400

Source: Industry reports

Further bolstered by favourable govt. policies

State and central govt. subsidies on EVs to churn sales volumes

FAME

State Govt subsidies

Volumes leading to cost advantages

▪ Central Govt Subsidy directly to OEM

▪ Key incentive mechanisms include upfront

▪ Central and state govt. subsidies allow for

▪ Lower of either 15% of vehicle price OR 10k

subsidy, waiver of registration charges,

significant discounts to customers triggering

per KWH of battery capacity

▪ Vehicle price is capped at 1.5L

▪ Revolt to receive a substantial subsidy per

vehicle sold

▪ The first OEM to have paid Govt. of India

against the demand raised for FAME subsidy

claimed along with Interest

▪ This step clears the path ahead for Revolt to

be a part of Govt subsidy schemes

road tax, SGST, electricity duty etc.

for higher sales momentum

▪ Higher volumes will lead to supply chain

efficiencies to OEMs

▪ Revolt benefits from increasing volumes,

considering India is a price sensitive market

Source: Industry reports, press releases

RV 400, India’s most advanced AI enabled, nextgen electric motorcycle

Mobile touch-based operations: Start, Stop, Locate, Lock, Unlock, Hazard alert, Geofencing

Voice command-based bike operations - start, stop, find my bike, hazard alert

Key technical features

Geofencing alerts

Historical ride data – past rides, kilometres, routes, battery usage etc.

High strength cradle frame

Centre of Gravity & Weight distribution/ strategically positioned battery pack

Battery status on mobile app

Customized 4 Engine Sounds to suit your mood

USD (Upside Down) front forks suspension used only in premium bikes.

State of art Ergonomics and Adjustable riding positions

Entire remote key is now on mobile

Charging status on mobile app

Artificial Intelligence

Adjustable rear monoshock

Ground clearance/ 215mm highest in the segment

More than 15.7 million data points captured and processed on AI engine from more than 332 million+ kms driven on Revolt bikes

Aggressive growth in dealerships

❖ Increased the dealer stores from 58 to 92, signed up another 61

dealerships which are in the process of being activated – A total of 153 stores

❖ Reach increased by 17 cities

❖ Dealer Stores increased by 34

❖ With the growing demand for electric vehicles across the country, there is potential to add > 100 stores that can cater to the needs of the ever-expanding customer base, as well as offer a platform for prospective buyers to explore and experience Revolt Motors' cutting-edge products first hand.

HQ and Factory : Manesar, Haryana

Patna

Lucknow Agra

Guwahati

Kolkata

Bhubaneshwar

Raipur Durg

Faridabad

Delhi

Noida

Jaipur

Rajkot

Surat

Bhopal

Indore

Hyderabad

Nanded

Mumbai Pune Aurangabad Sangli

Hubballi

Mangalore

Bengaluru

Vizag

Nellore

Chennai

Tiruchirappalli

Thrissur Kochi

Coimbatore

Madurai

Presence in 64 cities with 92 stores

The Revolt Advantage

Eco-friendly

Cost-effective

Low maintenance

Regenerative braking

Customizable riding modes

Strong brand recall

AI enabled data analytics

No special charging infra required

Achieved 100% localization

Highly responsive customer service

With presence in 64 cities, Revolt now offers superior customer experience

Revolt official merchandise launched

Official merchandise Range of casual tees

Biking lifestyle inspired tees in 14 style options

Tees made with premium fabrics, versatile enough to double up as casual wear

Revolt (merchandise), brand store @ www.amazon.in/revolt

Strong Management Pedigree

Mr. Sandeep Roperia

Business Head

Mr. Manav Mehra Head Sales

Mr. Ajay Dhiman Head Operations

Mr. Kuldeep Mathur Head Production

Mr. Sandeep Roperia has gained valuable experience working with esteemed global impact private equity firms including TPG Rise, Abraaj Capital and Aureos Capital. Passionate about making societal impact while meeting business objectives, Sandeep Roperia possesses a strong foundation for current role.

Mr. Manav is an accomplished executive having 24+ years of hands-on automobile business experience in all spheres - Sales, After Sales, Parts, Network Appointment & Activation, Safety and Worked across geographies in India. He was previously associated with IFB & Hero MotoCorp.

Mr. Ajay leads all Operations at Revolt Motors with 20 years of experience in the automotive domain. He has vast experience of Manufacturing, Quality, Sourcing, Supply chain, plant setup and Product Development in Leadership roles. He was previously associated with Honda, Nissan & EV industry of India.

Mr. Kuldeep, comes with total experience of 33 years in the automotive domain. He oversees Production at Revolt Motors with hands on experience in production, new model development, human relations, warranty claim reduction & customer satisfaction strategies. He was previously associated with Hero MotoCorp

Sky-High Opportunity

Drones: Sunrise Industry

s e r o r C

. s R

1,80,000 1,60,000 1,40,000 1,20,000 1,00,000 80,000 60,000 40,000 20,000 -

1,66,500

71,000

2,900

2020

2025E

2028E

Drone Market Growth

Market Size : Drone market is projected to be Rs. 1,66,500 by FY2028.

Global Hub: Govt. aims to create India a global hub by 2030 for not only drone manufacturing, but also drone service sector.

Exports: Drone Market (including exports) is projected to be Rs 1,94,000 crores by FY 2028.

Preference: Drones from China pose data related security concerns. Hence sourcing from alternative countries is expected to increase

Revenue Projection: Civil aviation ministry expects the industry to achieve Rs 120-150 billion turnover cumulatively by 2026.

Non Defence Applications: Drone applications in non- defence sectors is on the rise due to govt. initiatives

Source: Care Industry Report

NeoSky aims to be a full-line drone player

Purpose

Consumer drones

A Drone in every Indian house.

Enterprise drones

Enhance productivity & safety.

Defence drones

Serving the nation, saving precious lives.

Drone Pilot Training

Upskill the Indian youth

Drone services

Tech and Data driven, Customised solutions

NeoSky’s vision is to provide full 360-degree drone solutions to customers with Drones as a Product (DAAP - drone hardware), Drone As a Service (DAAS – drone service solutions) and Software as a service (SAAS – drone software)

Received DGCA-Type Certification

❖ DOPO received DGCA approval for Type Certification (TC).

❖ TAS is India’s first company to receive DGCA approval for

drones, before Drone rules 2021 came into effect

❖ DOPO’s TC is a strong certification of the quality &

Performance of our drones

❖ DOPO supports Survey, Mapping, Inspection, Disaster

management

DOPO

Launched L07 Cargo drone for low altitude

❖ Cargo payload: 7kg (Max up to 10kg)

❖ MTOW (Max Take off weight): 35 kgs

❖ Endurance: Up to 30 minutes

❖ Maximum Launch altitude (MSL): 2000 meters above MSL

❖ Communication range: 5 kilometres

❖ Wind resistance: 43.2 Kms / hr (12 meters / second)

❖ IP52 resistance

L07

NeoSky signs MOU with IIA for Drone training

❖ IIA (International institute of Aviation) is an expert on aviation

training

❖ IIA will offer Drone pilot training to their students, along with other

courses like BBA (Aviation), MBA(Aviation), Airhostess training etc.

❖ NeoSky will conduct training for the students of IIA on Drone pilot

training

❖ This association will help make the students of IIA industry ready

Our team in action

Drone Shakti event, Ghaziabad. DOPO in action, Power plant inspection

Product Portfolio

TACT

DOPO

L07, L10, L15, L20

Defender

❖ Surveillance, Disaster

management

❖ Endurance of up to 60

minutes

❖ Live transmission is

15 kilometres

❖ Cruise speed of 24 meters /

second

❖ Customisable payloads

(Camera, Sensors) up to 2kg

❖ DGCA-Type Certified. ❖ Survey, Mapping, Inspection,

Disaster management. ❖ 4.7kgs. Endurance up to

49mts.

❖ Mapping 1.5 Sq kms in a

single flight.

❖ Temperature up to 50* C.

32,000mAh battery. ❖ ADTi camera.

❖Cargo delivery ❖Payload of up to 20 kgs ❖ Endurance up to 30 minutes. ❖ Max launch altitude 3500

meters above MSL ❖Live transmission of 15 kilometre Autonomous- mode option ❖In-built fail-safe features ❖Pre-flight checks

❖Defense Drone ❖Anti-drone with a soft-kill approach ❖Lock-Track-neutralise rogue drones ❖Endurance of up to 45 minutes. ❖Communication range of 20 kilometers ❖ IP45 resistance ❖ Max speed 26 meters / second. ❖Operating temperature -5*C to +55*C

India’s premier, all-digital, one-stop financial solution provider

Fintech Market opportunity

❖ Fintech industry is expected to grow at 42% CAGR from 2022 -28, crossing USD

350 billion

❖ India’s Fintech industry has significant market potential due to low penetration

of financial services in remote areas, rise in digital adoption and government

initiatives

❖ The retail credit market for new to credit customers has crossed 550 USD

Billion and is expected to continue to grow in the coming years on the back of

financial inclusion initiatives, quick credit approvals and customised loan

products

❖ This growth is supported by an increase in availability of smartphones and

internet connectivity, which has expanded access to digital platforms, making

it easier for consumers to avail digital credit services

❖ In FY2022, digital retail credit crossed 250 USD billion indicating CAGR of

) n o

i l l i

B D S U

(

400

350

300

250

200

150

100

354.3

257.8

179.4

118.3

82.8

61.0

11.9 16.1 20.6

44.0

31.0

46.2% over CY2018. The total addressable market for digital retail credit is

Fintech Market Growth

substantial and continues to grow.

Source : Care Industry Report

Digital penetration in India

1.40bn

845 mn

236 mn

Population of India

Population of India on Digital

Population of India on Digital 25-54 yr.

78.5Mn 78.5 mn

Population of India on Digital 25-54 yr. who have explored Digital Retail Lending Products online

India uniquely poised to realize democratization in Financial Services

Source: Statista& DV360

Opportunity is ripe for digital first models

2W loans (in INR Cr.)

23%

49,688

40,306

Personal Loan (in INR Cr.)

Credit Card Issuances (in Lakhs)

5,24,224

243%

2,15,602

47%

160

109

FY18

FY22

FY18

FY22

FY18

FY22

Home loans (in INR Cr.)

34%

7,35,842

5,48,899

Business loans (in INR Cr.)

1,73,104

10%

1,57,000

FY18

FY22

FY21

FY22

Continued traction in traditional segments of lending to underline growth for Wefin

Source: CRIF Highmark–How India lends 2022 report

Opportunity is ripe for digital first models

Consumer credit to grow at approximately 13% CAGR, partially contributed by growth in Fintech

NBFCs* & Fintechs^ to play role in increasing share of formal credit across MSME segments

Consumer credit - split by lender type ($B)

MSME credit - split by lender type ($B)

Consumer credit growth by lender type CAGR 21-26E

Fintech Players

~50-60%

Traditional NBFCs*

~15-20%

Banks

~11-14%

$460B-$490B 2%

$550B-$580B 1% 9%

20%

363.4

FY19

90%

FY21

$1,050B-$1,100B 6% 10%

84%

FY26E

$200B-$250B 2% 20% 158

FY19

$300B-$350B 3%

25%

73%

FY21

$750B-$800B

10%

32%

58%

FY26E

MSME credit growth by lender type CAGR 21-26E

Fintech Players

~50-60%

Traditional NBFCs*

~20-25%

Banks

~10-12%

*Non-Banking Financial company ^Fintech NBFC lenders such as Lendingkart

Sources: India Fintech Report 2022, Bain & Co

Wefin - One stop solution for every financial need

Marketplace for anything one needs from a financial institution

• Access via App/

Website • Real-time

Personalized Offers • Real time approval

and disbursal

• Free Credit Score

Check

• Check real time

banking transactions with 13 top banks through Account Aggregator network

• Banks, NBFCs and

FinTech’s

• Existing lending

relationships – 30+

Current Products

• Personal Loans • Two-wheeler loans • Credit Cards • Bill discounting • Account Aggregator • Free Credit Score

Check

• Housing Loans/Loan Against Property

Next phase of products

• Business Loans • Insurance Sales and onboarded large insurance companies

• Expanding

partnerships with NBFC’s for vehicle financing

Wefin will identify up-selling and cross selling opportunities for a wide customer base and create financial ecosystem opportunities with enhanced customer experience

Actualizing the opportunity

❖ 37+ relationships with banks, NBFCs and Fintech integrated with Wefin

❖ Wefin provides two-wheeler loans for 34 OEMs having 1,444 models

❖ Registered Customers : 4,23,250+

❖ Number of Loans Disbursed till date: 30,100+

❖ Number of Credit Score Checks till date : 2,31,580+

❖ Loan Disbursal Value till date: Rs. 438 crores+

❖ Number of credit score checks till date: 231.5k+

❖ Integrated with Account Aggregator Network 7385 Real

time banking

transactions with 16 banks already live

Strengths of Wefin’s business model

• No Capital at risk

• Progress at the speed of a click

• Built for sustained scale up

• Web aggregation at core

Partners for Success

and many more……

Residual equity in historical business

Best-in-class operations

Fully functional, Amravati asset running profitably

Robust operational metrics

Current position in MOD stack ensures high PLF

Assured raw material linkages offer insurance against fluctuations

Strong Performance

❖ The Company continues to demonstrate strong financial performance.

❖ Company clocked total income of Rs. 891 Cr in Q2 FY 24 Vs Rs. 722 Cr in Q2 FY 23

❖ Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 80% PLF and 84%

Availability till June 2023.

❖ Successfully completed Capital Overhauling of one of the unit during the quarter

❖ In aggregate, Company has paid Rs 3671 Cr (Principal and Interest) since Jan 2020

❖ Company continues to successfully realize regulatory receivables; Rs 376.51 Cr collected during the quarter

❖ Current Standalone Net worth is Rs 5,628 Cr as on 30th September 2023

❖ There are one time expenses which occurred in Q2FY24

Brief update on 1350 MW Sinnar, Nasik Power Plant

❖ STPL is working closely with the Government, various departments and lenders to work out a potential resolution

plan

❖ Accordingly, Sinnar Thermal Power Limited (STPL), a subsidiary of RPL, is in active discussions with all the stakeholders of the Project, including the agencies appointment by state government and lenders, to work a detailed business plan and operationalizing strategy.

❖ Lenders have indicated to support the project operations

❖ NCLT (New Delhi), on 19th September 2022, admitted the application filed by an operational creditor which it had filed in October 2019 under section-9 of IBC. The same was challenged at NCLAT. The NCLAT has directed the Interim Resolution Professional (‘the IRP’) to abstain from taking any steps and has allowed STPL to participate further with the Ministry of Power in continuation of the earlier meetings/ discussions for making the plant operational

Investor connect

Investor-relations@rattanindia.com davinder.dogra@rattanindia.com

Thank You

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