SKIPPERNSE7 November 2023

Skipper Limited has informed the Exchange about Investor Presentation

Skipper Limited

9KIPPER

L4fnited

Date: 7th November, 2023

The Manager National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C-1, Block-G Bandra Kurla Complex, Bandra (E) Mumbai- 400 051 Symbol- SKIPPER

Subject: Investor Presentation

Dear Sir,

The Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400 001 Scrip Code- 538562

In compliance with the provisions of Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th September, 2023.

Kindly take the same on record.

Thanking you,

Yours faithfully, For Skipper Limited

Anu Singh Company Secretary & Compliance Officer

Encl: As above

SKIPPER LIMITED

CIN L40104\W81981 PLC033408

Regd. Office: 3A, Loudon Street, 1st Floor, Kolkata 700 017

Phc e 033 2289 5731/32

Fa. 0332289 5733

Email: mail@skipperlimited.com Website: www.skipperlimnited.com

Great Place To Work. Certified

DEC 2022 - DEC 2023

INDIA

Rediscovering Roots Embracing Triumph, Shaping Tomorrow

INVESTOR PRESENTATION Q2 & H1 FY’24 Results

7th November 2023

About Us

9KIPPER

Limited

Vision To produce world - class quality products ensuring robust National Infrastructure development and making India the preferred sourcing hub for Global Infrastructure needs

Mission 1 To continue to add value-added products and services to its portfolio

2 To continue to focus on sectors of power and water as per contemporary global demands

3 To continue to tap newer geographies to add to the existing market

To ensure the greater scale and technology, the greater longevity of product, and introduce more efficient technologies for a longer duration of existence

5 To reduce carbon footprints, and evolve towards reduced consumption of hydrocarbons and nonconventional and renewable energy sources

2 2

Core Strengths

9KIPPER

L4fnitet

41+

Years of Excellence

India’s largest and world's only Integrated T&D company having its own Structure rolling, manufacturing, Tower Load Testing Station & Transmission Line EPC

A ■ I I I I

Largest manufacturer of T&D structures in India

••• gr

2450+

Employees

Awarded as “Largest Tower Supplier” by PGCIL & "Best Industry in Water Resources sector" by Central Board Of Irrigation And Power

Exporting to

55+

countries

One of the largest & the fastest growing Polymer Pipes & Fittings in India

Inflection Point with Growth Ahead

Sustainable, diversified profitable businesses well- positioned to continue to generate compelling long- term growth

Confidence Boost with winning key projects puts us as front runner in key segments

International & domestic opportunities for growth in key segments – Power Transmission, Telecom, Railway and Polymer Pipes

Strong Balance Sheet and improving bottom-line profitability driving growth

Increase Export & Elevate Global position as preferred manufacturer of choice for our existing and new customers

Prudently-maintained balance sheet provides the foundation for future success

Outlook – Expecting 25 % CAGR revenue growth over next 3 years

Management

Independent

9KIPPER

-- Limited --

Mr. Amit Kiran Deb Chairman Independent Director

Whole Time

Mrs. Mamta Binani Independent Director

Mr. Raj Kumar Patodi Independent Director

Mr. Ashok Bhandari Independent Director

Sri Pramod Kumar Shah Independent Director

Sajan Kumar Bansal Managing Director

Sharan Bansal Director

Devesh Bansal Director

Siddharth Bansal Director

Yash Pall Jain Director

Core differentiators

9KIPPER

L4fnitet

Broad Based Portfolio

Exciting Opportunities Ahead

Our Ability to Win

Enhanced Profitability

Diversified Products delivering sustainable growth

Build on Long-Standing Relationships with our Customers

Transitioning with focus on global market

Integrated R&D for further competitiveness Strong Bidding Pipeline

Customization facilities

India’s largest and world's only end to end Integrated T&D company having its own Structure rolling, Design & Load Testing, Tower , Pole and fastener manufacturing and EPC

Our Plant Location in Eastern India and close proximity to port gives significant logistics cost advantage for both raw material as well as outward freight

Winning projects through competitive offerings

Operational efficiencies & margin expansion

Looking to Deleverage

Repeat and referral business from all our clients

Product Portfolio

@KIPPER

Limited

Engineering

Infrastructure

Polymer

Power Transmission Tower

Power Distribution Poles

Monopoles

Telecom Tower

Investor Presentation | May 2023

Railway Structures

MS & High Tensile Angles

Test Station and R&D Center

Fasteners & Tower Accessories

Transmission Line EPC

Telecom EPC

Railway Electrification

Water EPC

UPVC Pipes

CPVC Pipes

HDPE Pipes

Fittings

7 7

Core Competencies

@KIPPER

Limited

Modern Technology: Automated State-of-the-Art Equipment • The company utilizes cutting-edge automated equipment,

representing the latest advancements in technology.

Value Optimization: Engineering and Design Excellence • Engineering and design excellence are prioritized to optimize both

product quality and process costs. End-to-end (Inclusive) Solutions: In-House Availability of Products, Accessories, and Technical Services • The company offers a one-stop shop experience by providing a wide range of products, accessories, and technical services in-house.

Strategic Support: Proximity to Power, Port, and Skilled Labour • The company strategically locates its plants in the East, ensuring

access to adequate power supply, proximity to Kolkata port, and cost- effective labor.

Scalability: Power Grid Approved and ISO Certified Large Manufacturing

Capacities

• Power Grid approved and ISO certified plants possess significant manufacturing capacities, enabling participation in large-scale project orders.

Our Value Chain

Steel Billets & blooms as input

Wire Rod as Input

Manufacture MS & HT Angles

Manufacture Bolts & Nuts

Manufacture D- shackles & Hangars

Fabricate & Galvanize Complete Towers

EPC Line Construction

R&D Capabilities

$ &Pren

Limited

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R6D

Leading through innovation

• We have strengthened our

innovation capabilities backed by our talented designing and R&D teams. Our department is approved by DSIR, Govt. of India.

Tested towers & monopoles

• We are assuring our clients by conducting prototype tests in our state-of-art test centers.

765 kV S/C

Monopole

220 kV

D/C Tower

765 kV D/C

Tower

400 kV D/C

Monopole

500 kV D/C

Tower

Highest tower of 120m height with 1200kV in India

Optimum efficiency designs

Dedicated in-house R&D center

9 9

Performance & Financial Highlights – Q2 & H1’24

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Company registered its best ever revenue quarter of Rs 7,724 million on back of strong performance across all its major business segments; achieved growth of 67 % over previous year quarter period.

Engineering business segment achieved Revenue of Rs 5,959 million against Rs 3,798 million in the previous year quarter, registering a stupendous growth of 57% ; Export share in overall engineering revenue stood at 35 % in Q2 ‘24

Polymer business achieved its best ever second quarter revenue on back of exponential volume growth, Revenue increased to Rs 1,123 million against Rs 713 million, up by 58%

Polymer Sales Volume doubled to 7,872 MT against 3,924 MT previous year quarter, registering a growth of 101%

Revenue Performance Highlights

Business Update– Q2 FY’24 - - - - - - - - -

Operational & Financial Performance Highlights

Operating EBITDA margins stood at 9.4 % for the quarter

Focus continues on Bottom-line improvement ; Consolidated PBT increased to Rs 285 million against Rs 55 million in the previous year quarter; PBT margin for the current year quarter at 3.7 % of sales.

Consolidated PAT increased to Rs.198 million against Rs 30 Million in previous year qtr period, registering a stupendous growth of 560 %

Finance cost as % of sales improved to 4.5 % against 4.9 % over previous year quarter

Cash EPS per share increased to Rs 3.28 against Rs 1.71 previous year qtr, registering a growth of 92 %

Business Update– H1 FY’24

9KIPPER

-- Limited --

Revenue Performance Highlights

Revenue of H1 Fy’24 increased to Rs 13,270 million against Rs 8,781 million in H1 FY’23, registering a growth of 51 %

Engineering business segment achieved Revenue of Rs 10,124 million against Rs 6,895 million in the previous year first half period, registering a stupendous growth of 47% ; Export share in overall engineering revenue stood at 33 % in H1 ‘24

Polymer business achieved its best ever first half revenue performance ; Revenue increased to Rs 2,405 million against Rs 1,592 million, up by 51 %

Polymer Sales Volume doubled to 16,751 MT against 8,643 MT in previous year H1 period , registering a growth of 94 %

Operational & Financial Performance Highlights

Operating EBITDA margins stood at 9.7 % for H1 Fy’24

Focus continues on Bottom-line improvement ; Consolidated PBT increased to Rs 518 million against Rs 50 million in the previous year period; PBT margin of sales increased to 3.9 % of sales against 0.6% in previous half period.

Consolidated PAT increased to Rs.360 million against Rs 23 Million in previous year first half, registering a stupendous growth of 1,436 %. The PAT margin to sales improved to 2.7% against 0.3% in corresponding period.

Finance cost as % of sales improved to 4.7 % against 5.3 % over previous year first half period

Reduction in long term debt of Rs 61 million ; Net working capital days has been bought down by 17 days to 126 days as on Sep’23 vs 143 days in Sep’22.

Cash EPS per share increased to Rs 5.89 against Rs 4.40 in previous year period, registering a growth of 34 %

- - - - - - - - - -

Order Book Highlights – 30th Sep 2023

@KIPPER

L4fnitet

The company has secured new orders worth Rs 15,290 million, during the Quarter and Achieved its highest ever first half inflow of Rs 27,440 Million

The current closing order book stands at an All time high level of Rs 60,740 million. Order Book to Engineering & Infra segment Sales at 3.9 X of Fy’23 sales giving revenue visibility for the next 3-4 years

The company has a robust bidding pipeline, actively pursuing projects worth Rs 80,200 million on the international front and about Rs 46,000 million domestically.

Order Book Highlights

Engineering products exports made inroads into high potential developed markets of North America, Asia Pacific, West Africa and Middle East, which were earlier dominated by Chinese / Turkish players

Share of non-T&D products, including Railways and Telecom, in the overall order book stood at 42 %.

Secured new product approvals in MENA and LATAM market, the region holds tremendous power T&D opportunity

The company's strategic move to broaden its portfolio by increasing the proportion of non- T&D products, such as Railways and Telecom, has been yielding favorable results, helping to de-risk its exposure in T&D.

During the quarter secured large size contracts particularly from PGCIL for their Transmission Line works in state of Rajasthan and for several other T&D projects both domestic and international including Telecom

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Consolidated Financial Performance Q2 FY’24 Sl

Profit & Loss Summary

Q2 FY’23

Q2 FY’24

YoY Change %

Revenues

7,723.7

4,620.0

Operating EBITDA (without forex & JV)

Operating EBITDA Margins (%)

(+) Other Income

(-) Depreciation

(-) Finance Cost

Operating Profit Before Tax (2+3-4-5)

Operating PBT Margins (%)

Forex Gain / (Loss)

Share of Profit / (Loss) of JV

Profit Before Tax ( Reported PBT ) (6+7+8)

Tax

Profit After Tax (Reported PAT) (9-10)

724.1

9.4%

18.8

129.3

348.9

264.7

3.4%

12.8

8.0

285.5

87.7

197.8

9KIPPER

L4fnitet

QoQ Change %

39.3%

27.8%

Rs in Mn

Q1 FY’24

5,545.8

566.4

10.2%

14.6

124.3

281.0

67.2%

39.4%

519.6

11.2%

11.7

114.0

225.4

192.0

37.9%

175.7

50.6%

4.2%

(121.6)

(15.2)

55.2

25.3

29.9

3.2%

34.9

22.3

233.0

70.4

162.6

417.4%

561.2%

22.6%

21.7%

Consolidated Financial Performance H1 FY’24

Rs in Mn

9KIPPER

L4fnitet

Profit & Loss Summary

Revenues

Operating EBITDA (without forex & JV)

Operating EBITDA Margins (%)

(+) Other Income

(-) Depreciation

(-) Finance Cost

Operating Profit Before Tax (2+3-4-5)

Operating PBT Margins (%)

Forex Gain / (Loss)

Share of Profit / (Loss) of JV

Profit Before Tax ( Reported PBT ) (6+7+8)

Tax

Profit After Tax (Reported PAT) (9-10)

H1 FY’24

13,269.5

1,290.6

9.7%

33.4

253.6

629.9

440.4

3.3%

47.7

30.3

518.4

158.1

360.4

H1 FY’23

8,780.9

1,010.5

11.5%

23.2

240.2

465.7

327.8

3.7%

(254.1)

(23.8)

49.9

26.4

23.5

YoY Change %

51.1%

27.7%

34.4%

940%

1,436 %

Segment Report

9KIPPER

L4fnitet

Segment

Profit & Loşs Summary

Q2 FY'24

Q2 FY'23

Change %

H1 FY24

H1 FY'23

Change %

Net Sales

5,959.0

3,798.4

56.9%

10,124.1

6,894.6

46.8%

Engg Products

EBITDA - Operating

656.8

505.7

29.9%

1,125.6

926.7

21.5%

% of Sales

Net şales

PVC Products

EBITDA - Operating

%of şales

Net şales

11.0%

13.3%

11.1%

13.4%

1,123.0

712.8

57.5%

2,405.2

1,591.7

51.1%

45.1

4.0%

10.0

351.0%

140.2

1.4%

5.8%

99.4%

70.3

4.4%

641.7

108.8

489.8 %

740.3

294.7

151.2%

Infra Projects

EBITDA- Operating

% of şales

22.2

3.5%

4.0

455.0%

3.7%

24.8

3.3%

13.5

83.7%

4.6%

Net şales Total

7,723.7

4,620.0

67.2%

13,269.5

8,780.9

51.1%

Total

EBITDA Total

724.1

519.6

39.4%

1,290.6

1,010.5

27.7%

Infra 6%

Polymer 18%

Engg 76%

% of Sales

9.4%

11.2%

9.7%

11.5%

Revenue Mix – H1 FY’24

Note: Segment EBITDA is net of Forex and includes allocation of un-allocable expenditure in pro-rata share of Sales and Capital Employed in their respective segment

Performance highlights – Q2 Fy ’24

Strong Revenue Performance across major business segments

Stand Alone - Revenue

7,724

4,620

Rs in Mn

67 %

Segment - Revenue

5,959

+ 57 %

9KIPPER

L4fnitet

Rs in Mn

3,798

+ 58 %

1,123

713

642

+ 490 %

109

Q2 FY '24

Q2 FY'23

Engg

Polymer

Infra

■

Q2 Fy'24

■

Q2 Fy'23

Improvement Trends

9KIPPER

L4fnitet

Consistent & Improved Operating Margin Performance

15.0%

10.0%

5.0%

0.0%

12.7%

10.8%

9.8%

11.1%

4.1%

2.1%

Fy'19

8.8%

7.3%

3.3%

10.7%

8.7%

3.4%

12.8%

11.0%

4.8%

11.1%

9.7%

5.8%

Fy'20 Stand Alone

Fy'21

Fy'22

Engineering

Fy'23

Polymer

H1 FY'24

• Engineering Segment - Over the years, the average proportion of our H1 revenues in relation to the total annual revenues is close to 40%. Accordingly, with operating leverage coming into play historically our margin profiles see an improvement in H2 v/s H1. Going forward, we expect similar trend to continue and deliver consistent margin performance of 12-13 % in this business on back of newer contracts getting executed and rising share of international business

• Polymer segment - Margins got marginally impacted on account of seasonality and higher brand spend, Polymer segment attaining Scale and Size will get

benefited from fixed cost getting rationalized over larger revenue base in second half of the yea r and leading to margin expansion

• Stand Alone - Margins to get better with expected increase in engineering execution on both international and domestic front and stronger polymer & EPC

segment performance going forth

Debt Details

9KIPPER

L4fnitet

Standalone Debt Details

30.09.23

30.09.2022

Inc / (Dec) YoY

Long Term Debt

2,325

2,269

Current Maturities of Long Term Debt

Total Long Term Debt

Short Term Debt

Gross Debt Level

522

639

(117)

2,847

4,289

7,136

2,908

2,945

5,853

(61)

1,344

1,283

•

Long term debt reduced by Rs 61 million ; The short term working capital requirement has rose in tandem to significant increase in business volume and growth and better 2nd half prospects , the overall increase is significantly lower in compare to our growth in business revenue during the period

• Net working capital days has been bought down by 17 days to 126 days as on Sep’23 vs 143 days in Sep’22. •

Efforts continues on cash flow and balance sheet consolidation

Order Book Pie

9KIPPER

L4fnitet

Engineering Products – Current Order Book Composition

Total Order Book Rs 60,740 million

Segment Break up

Export 17%

Domestic 83%

Order Breakup

41%

17%

42%

■

Domestic

■

Export

■

T&D

■

Export

■

Non T&D Domestic

Non T&D Products includes - Telecom, Railways, Solar, Fasteners & other Steel Structural items

Order Inflow Trend

H1 ’24 Vs H1’23 Total inflows - Rs 27,440 Mn Vs Rs 8,630 Mn, Up 218% Export Inflow - Rs 6,020 Mn Vs Rs 3,560 Mn, Up 67%

Achieved highest ever order inflow for any quarter

28,630

n o

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M n

s R

Consistently clocked inflows in excess of 4,000 mn for the past many quarters

9KIPPER

L4fnitet

Achieved Best ever Second Quarter & H1 Inflow

15,290

12,150

2,200

2,300

440

3,810

4,530

5,010

4,230

2,710

4,030

4,610

4,100

Q1 Fy'21 Q2 FY'21 Q3 FY'21 Q4 FY'21 Q1 FY'22 Q2 FY'22 Q3 FY'22 Q4 FY'22 Q1 FY'23 Q2 FY'23 Q3 FY'23 Q4 FY'23 Q1 FY'24 Q2 FY'24

* In Q4 Fy’22 - Uncertainty towards international trade have loomed and commodity volatility were at its peak with Russia - Ukraine War, considering the situation company adopted a cautious in new order intake.

Strong Bidding Pipeline Strong Bidding Pipeline of 126,200 Million as on 30th Sep 2023;

International – 80,200 Mn & Domestic - 46,000 Mn

Expecting International Ordering & Execution to gain further pace in FY’24;

In advanced Stages of negotiation to secure some good size International contract

Large pent up demand in domestic & International T&D

INTERNATIONAL

9KIPPER

L4mite

• Growing global competiveness; Focusing on international markets to drive the ordering growth;

•

Post Covid India has emerged as a preferred sourcing location vis-a-vis other Asian Countries ; global supply chain now actively looking for reducing their dependence on China is a great positive outcome of this crisis ; bringing more opportunities on our way

• Majority of New Transmission lines are now getting built to cater renewables; leading to shorter execution cycle and faster supplies

to meet project deadlines.

DOMESTIC

•

The domestic T&D activities are showing signs of strong rebound, Tender Pipeline continues to stay strong.

Robust Bid Pipeline expected in domestic Power T&D up-to year 2030 on back of Government 500 GW renewable integration plan

Ahead of the rollout of the high speed 5G / 4G network, the government is set to give a massive push to telecom infrastructure across the country with plans to add 8 lac new mobile towers over the next 2 years

Emphasizing Export Expansion - - -

Increased Export Growth Potential Targeting a significant increase in Engineering exports volume

Established Market Presence Working with over 150 Global EPC players

Favorable Business Climate Post Covid India has emerged as a preferred sourcing location vis-a-vis other Asian Countries; creating new opportunities for us.

Global Recognition Receiving initial orders and inquiries from various countries including Europe, Australia, Dominican Republic, Iraq, Kuwait, Canada and others

Enhanced Brand Positioning Recent establishment of an R&D Centre and Tower Testing Station significantly improves brand positioning in export markets, positioning the company as a serious contender.

In-House Design Capability Leveraging in-house design expertise and skilled professionals to deliver value-added and cost- effective design solutions, enhancing project bids.

9KIPPER

L4fnitet

Confidence-Boosting Certifications Certified by prominent international organizations, enhancing confidence and credibility.

23 23

Global Footprints Global Footprints

South America • Peru • Brazil • Colombia • Chile • Paraguay • Panama • Uruguay • Bolivia • Dominican Republic • Trinidad and Tabago

$KIPPER

L4fnt(@t

Africa • Kenya Europe • Egypt • UK • Ghana • Spain • Nigeria • Finland • Zambia • Sierra Leone Africa • Guinea •Kenya • South Africa •Egypt • Botswana •Ghana • Burundi •Nigeria • Angola •Zambia • Liberia •Sierra Leone • Tanzania •Guinea • Togo •South Africa • Mali •Botswana • Uganda •Burundi • Senegal •Angola • Niger • Malawi Australia • Gambia • Benin • Cameroon • Mozambique • Rwanda • Central African

USA CANADA

Republic • Burkina Faso

Middle East • Jordan South America • Saudi Arabia • Peru • UAE • Colombia • Qatar • Chile • Oman • Paraguay • Kuwait • Panama Iraq • • Uruguay • Bahrain South and South East Asia Middle east • Jordan India • • Saudi Arabia • Nepal UAE • Bangladesh • Qatar • Sri Lanka • Israel Indonesia • • Philippines South and • Malaysia South East Asia • Myanmar • India Australia • Nepal New Zealand • Bangladesh Europe • Sri Lanka • Finland • Indonesia USA • Philippines • Malaysia Canada

Power T&D Lines – A Multi Decadal Opportunity

9KIPPER

--- Limited ---

Key Growth Drivers

Load growth and increased electrification

Generation capacity addition

Multilateral funding support

Reforming markets

Growth in demand for transmission equipment

Renewable energy development

Technology developments

Grid reliability

Ageing infrastructure

Importance of New Transmission lines for Renewables

@KIPPER

L4fnitet

Resource Location

• Many renewable sources are in remote areas • Transmission lines bridge the gaps to where energy is needed

Energy Reliability

• Renewables can be intermittent due to weather • New line help balance supply and demand

Grid Integration

• Existing grid infrastructure needs upgrading • Transmission lines aid renewable energy distribution

Capacity expansion

• Transitioning to renewables strains existing lines • New lines are vital for increased energy flow

Energy loss Reduction

• Modern lines are more efficient • Reducing losses makes renewables cost effective

Decentralization

• Lines enables bidirectional power flows • Rooftop solar and local sources need support

Grid Resilience

• Transmission upgrades enhances grid resilience • Make utilities better prepared for extreme events

New transmission lines are a crucial part of our renewables energy future – They ensure reliable, efficient and wide spread renewable power supply

Optimistic Sector Outlook

9KIPPER

-- Limited

The massive global and domestic focus and investment on building T&D infrastructure catering to Renewables will drive up the demand for setting up new transmission networks.

The aggregate technical and commercial (AT&C) losses of distribution companies (discoms) have declined to about 13.5 percent in FY23 from 16.4 % in Fy’22 and 22.3% in FY’21.

Post Covid India has emerged as a preferred sourcing location vis-a-vis other Asian Countries; creating new opportunities for us.

India‘s plans to generate and integrate 500 GW Of renewable energy sources by 2030 and construction of over 50,890 Ckm of new transmission lines with an capex outlay of Rs 2.4 Trillion

India’s Power Sector demand peaking at 236.6 GW in August -23 and reached a record high level of 239.97 GW on 1st Sep- 23

Nation wide initiative of Smart meter projects covering 250 million household will give a big boost to power consumption in the country

Indian government is backing telecom infrastructure with plans to add 8 lac new mobile towers over the next 2 years

The reinstatement of the RODTEP Scheme in our Engineering Product business will increase our export competitiveness and perhaps improve our operational performance

Our global presence puts us in an advantageous position to act upon such opportunities in the coming years.

Investor Presentation | May 2023

Polymer Products Business

Polymer Highlights -

Leading manufacturer of polymer pipes and fittings, catering to both plumbing and agricultural sectors.

Cumulative Production Capacity of 62,000 TPA

Largest manufacturer of PVC pipes in West Bengal and in Eastern India.

Leveraging Scale Economies in Procurement of PVC & CPVC Resin Locally and Internationally.

Company on boarded two renowned cricketers Mr. M.S.Dhoni and Mr. Chris Gayle as Brand ambassadors. The duo will be promoting the brand across Indian markets.

Only Polymer Pipe company in India to implement the Theory of Constraints (TOC) into its operation.

Growing National Presence with Over 31,000 Retail sales touch points and planning to double the same over the next 2 years.

Focusing on Plumbing Portfolio; 60:40 Revenue mix share of Plumbing: Agriculture.

Added more products into our portfolio offerings ; HDPE Pipes, CP Bath Fittings & Accessories and Water storage tanks, all of them garnered strong response from marketplace.

9KIPPER

-- Limited

One of the Country’s most organized channel structure , owing to its roots in the TOC way of working .

This has created a very good base for the brand to scale upon

Fastest growing Polymer India with in Brand expanding and reach consistent market share gains taking shape.

The business is set for rampant growth over the coming years.

Polymer Performance Highlights

@KIPPER

L4mite

Achieved Best ever 2nd Quarter & H1 Revenue performance on back of exponential volume growth

Q2 ‘24 vs Q2’23

H1’24 vs H1’23

Sales Tonnage (MT)

Revenue (Rs in Mn)

Sales Tonnage (MT)

Revenue (Rs in Mn)

7,872

1,123

3,924

713

16,751

2,405

'99 0 6

8,643

• 0

1,592

Q2 FY'24

Q2 FY'23

Q2 FY'24

Q2 FY'23

H1 FY'24

H1 FY'23

H1 FY'24

H1 FY'23

Management anticipates this fast growth to continue for the next few quarters making “Skipper Pipes” the fastest growing polymer piping brand in India by far

Polymer Growth Drivers

@KIPPER

L4fnitet

The PVC and Fittings market, estimated to be worth approximately Rs 300 billion in FY 2020, is predicted to reach Rs 500 billion by FY 2025, with a CAGR of 10.8%.

Growing PVC pipe demand in India fueled by government initiatives like "Housing for All," "Nal se Jal," AMRUT project, and Swachh Bharat Mission.

The Jal Jeevan Mission (JJM) initiative aims to provide tap water connections to all rural households by 2024, leading to a surge in demand for PVC pipes and fittings to facilitate water flow in every home.

The recent announcement of the National Infrastructure Pipeline by the government further strengthens the country's infrastructure, providing support for the increasing demand for pipes and fittings.

Formalization of economy accelerating the shift from unorganized to organized players.

Skipper Pipes – 100% Lead Free Campaign

9KIPPER

-- Limited

SKIPPER

--PIPES--

SKIPPER FOR LIFE

SKIPPER

CPVC PIPES -

700% LEAD FRE

Skipper Pipes have been certified with highest standard of NSF 14.

Toll Free: 1800 889 9779

www.skipperpipes.in

Skipper Pipes – 100% Lead Free Campaign

9KIPPER

L4fnitet

$KIPPER

Pp[S

$KIPP

• Skipper Pipes brand campaign as India’s safest pipes with Brand Ambassador MS Dhoni & Chris Gayle is paying rich dividends

• Higher growth witnessed in campaign markets indicating campaign effectiveness.

• Company intends to increase its campaign spread to other geographies as well as open new markets in the coming couple of quarters

9KIPPER

Limited

Future Performance Outlook - - - - - - - -

Company expects to clock revenue growth in excess of 25% CAGR for the next 3 financial year on back of buoyant market environment and future prospects, strong pending execution of engineering contracts and strong polymer segment performance

Foresee a robust bidding pipeline in India upto year 2030 on back of 500 GW RE integration plan ; The RE expansion and integration plan will also bring other business opportunities to the company

Robust International bidding pipeline for the next 10 years on back of global T&D spending increasing from US $ 274 billion/year to US$ 500 billion / Year by 2030.

Diversification into international markets and sectors will help us to pick choose higher margin order coming our way and provide us an opportunity to be spoilt for choices across the sectors, aiding to continued better margin performance, improved bottom- line profitability and capital return ratios.

Having built up the retail distribution network of Polymer business over the last few years, Skipper's Polymer pipes brand campaign is seeing excellent market acceptance and robust demand growth. Buoyed by the response company intends to increase its campaign spread to other geographies as well as open new markets in the next couple of quarters.

The high growth trend in the polymer is expected to get better in the second half of the year and will continue over the next few years.

Productivity and cost reduction initiatives at the plant and site level are expected to further improve efficiency in operations and aid to stable margins

Focus continues on bottom line profitability and improvement in capital return ratios

Shareholding Pattern

9KIPPER

L4fnitet

Shareholding pattern As on 30th Sep’ 23

Major Shareholders

Promoters 72%

Name

Baillie Gifford - Pacific Horizon Investment Trust

India Capital Growth Fund (ICGF)

Ajay Upadhyaya

Crux Global Fund

3.8%

3.0 %

1.7%

1.0 %

Foreign Portfliio Investors 8%

Others 20%

Social and Environment Initiatives

9KIPPER

L4fnitet

Skipper cares Our company's journey towards contributing to society began long ago, and we have always believed that it's an integral part of our ecosystem. To ensure that our efforts are focused and effective, we have developed a CSR Framework in line with Schedule VII of the Companies Act, 2013. A dedicated CSR committee oversees the implementation of these initiatives and monitors their progress.

Beti Padhao abhiyaan – Flagship Project In 2017, we launched the Beti Padhao Abhiyan, inspired by the government's Beti Bachao, Beti Padhao Yojana. It has now become a flagship project. We annually select underprivileged girls from schools in Kolkata & Howrah and provide them scholarships based on their individual needs.

Infrastructure support to schools We annually assist in school infrastructure development, including building maintenance, providing furniture for students and teachers, supporting electricity bill payments, hiring guest teachers, ensuring clean drinking water, and providing food for hostel children.

Environment sustainability The project includes supporting the maintenance of two cremation ghats in Kolkata to prevent water and air pollution. Additionally, the Company has adopted a Traffic Theme Park in Nibra, Howrah, covering an area of 1,224 sqmt., and is responsible for its overall maintenance.

Animal welfare The Company has partnered with the Calcutta Pinjrapole Society to provide care, maintenance, and food for old, sick, and abandoned cows. This includes the construction and upkeep of cow shelters and clinics.

Integrated village development The Company has identified 100 villages in and around Dumma and has set a goal to empower them towards self- sustainability within a period of 3-5 years. One Teacher School (OTS) Ekal on Wheel Arogyam Homeopathy clinic Training centres

Social and Environment Initiatives

9KIPPER

Limited

�

BETI PADHAO

, ABHIY

Environmental, Social and Governance (ESG)

9KIPPER

-- Limited

In April 2022, installed 90 KLD capacity STP to promote water conservation and explore opportunities for reusing of treated sewage water. Especially designed engineered bacteria have been used for treatment of generated sewage

Clean Fuel for Furnace Operation-FO replaced with LPG in Jangalpur, April 2022

Process Effluent Treatment facility (ETP unit Integrated with MBBR, Clarifier & Tertiary treatment Facilities) in April / May 2022

Encapsulated GI process with integrated APCD arrangement in July 2022

RO water from STP treated water(20 KLD) for GI operation in August 2022

Water recirculation through Chiller & Cooling tower units HDPE in August 2022

1.38 MW roof top solar plant in Uluberia is expected to generate 1605164 unit / Year (Average) and 40129109 KWH in 25 Years of clean energy. Set up in September 2022, is expected to reduce the carbon emissions of approx. 1360 MT/year

100s of Tree Plantation Initiatives at Skipper

Environmental, Social and Governance (ESG)

9KIPPER

--- Limited ---

TATA POWER SL AROOF

.r.

TATA

This is to certify and thank

Skipper Limited

Who by Installing 1.389 MWp of Tata Power Solar lnstallatlon have helped In shaping a better tomorrow

Total Carbon emission abated: 393520 tonnes

Equivalent to planting 62920 Teak trees

@) suPERGAs'

t .5

gs • ,

'1 ;-· f

,e;:,.. ~A

5 & B' .oz-[

ANNUAL CARBON SAVINGS CERTIFICATE

congratulations

M/s Skipper Limited

for

continuing your Carbon Reduction through LPG

Your carton oftset in this process is_508 MT_of Co, in 2022 Thank you for supporting our mission in Advancing Energy Together. Together we are committed to make this world Sustainable

lli--

ANNUAL CARBON SAVINGS CERTIFICATE

Congratulations

M/s Skipper Ltd ( Unitl Jangalpur)

for

continuing your Carbon Reduction through LPG

Your Carbon Offset in this process is _201MT_of Co, in 2022 Thank you for supporting our mission in Advancing Energy Together. Together we are committed to make this world Sustainable

" A '£ 5}

Recognition

Recognized Great place to work 2 years consecutively

Great Place To Work. Certified

Image to Come

DEC 2022 - DEC 2023

INDIA

9KIPPER

Limited

AWARD: THE LARGEST TOWER SUPPLIER FOR 3rd CONSECUTIVE YEAR GIVEN BY: POWER GRID CORPORATION OF INDIA LTD. (PGCIL)

AWARD: EMERGING POWER EPC PLAYER GIVEN BY: EPC WORLD

AWARD: GLOBAL HR EXCELLENCE GIVEN BY: WORLD HRD CONGRESS

AWARD: NO. 1 EMERGING BRAND IN POLYMER PIPES & FITTINGS GIVEN BY: WCRC

AWARD: MOST VALUABLE CONTRIBUTION TO POWER INDUSTRY GIVEN BY: ET EDGE

.Ann •... �----- bid

AWARD: STAR PERFORMER AWARD FOR THE YEAR 2015-16 GIVEN BY: EEPC INDIA

AWARD: THE BEST POLYMER BRAND GIVEN BY: CONSTRICTION TIMES

AWARD: MOST ETHICAL COMPANY GIVEN BY: WORLD CSR DAY

D I S C L A I M E R

This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this information. Skipper makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) regarding information contained in, or for any omissions from, this information or any other written or oral communications transmitted to the recipient in the course of its evaluation of the Company. This Information includes certain statements and estimates provided by the Company with respect to the projected future performance of the Company. Such statements, estimates and projections reflect various assumptions by management concerning possible anticipated results, which assumptions may or may not be correct. No representations are made as to the accuracy of such statements, estimates or projections. Prospective investors will be expected to have conducted their own due diligence investigation regarding these and all other matters pertinent to investment in the Company. This presentation may contain statements that are not historical facts, referred to as “forward looking statements.” The corporation’s actual future results may differ materially from those suggested by such statements, depending on various factors including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. The Company does not undertake to update any written or oral forward- looking statements that may be made from time to time by or on behalf of the Company

Thank you

For any queries please contact:

Aditya Dujari (Investor Relations)

Skipper Limited 3A, Loudon Street, 1St Floor, Kolkata 700 017

E-Mail: aditya.dujari@skipperlimited.com Tel: + 91 33 2289 2327/5731 Mobile: 9830806906

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