TITAGARH RAIL SYSTEMS LIMITED

rs,

e: Poddar Point, 10th Floor, 113 Park Street, Kolkata 700016, India Corporate Office: Titagarh Towers, 756 Anandapur, E.M Bypass, Kolkata 700107, India Phone:+91 33 40190800 Fax: +91 33 40190823 Email:

30 %

ishment 4 Manufacturing Facilities Only Indian Company Manufacturing both wagons and coaches 25-30 % Market share in Wagon Manufacturing Wagons per year 12,000 300 Manufacturing Capacity Coaches pe

2.19%

erational Performance Financial Snapshot (Standalone) Net Revenue Net Revenue EBITDA PBT PAT +2.19% 2,862.18 2,800.89 -0.16% 331.32 331.86 +6.85% 304.57 285.05 +5.56% 225.37 213.49

0.16%

al Snapshot (Standalone) Net Revenue Net Revenue EBITDA PBT PAT +2.19% 2,862.18 2,800.89 -0.16% 331.32 331.86 +6.85% 304.57 285.05 +5.56% 225.37 213.49 954.68 902.18 110.67 1

6.85%

Net Revenue Net Revenue EBITDA PBT PAT +2.19% 2,862.18 2,800.89 -0.16% 331.32 331.86 +6.85% 304.57 285.05 +5.56% 225.37 213.49 954.68 902.18 110.67 100.08 100.11 95.10 7

5.56%

BITDA PBT PAT +2.19% 2,862.18 2,800.89 -0.16% 331.32 331.86 +6.85% 304.57 285.05 +5.56% 225.37 213.49 954.68 902.18 110.67 100.08 100.11 95.10 75.03 68.94 9MFY24 9MFY

₹ 902.18 Crore

5 9MFY24 9MFY25 Q3FY24 Q3FY25 *PBT before exceptional items 9 Financial Performance Highlights ₹ 902.18 Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01%

5.50%

ore exceptional items 9 Financial Performance Highlights ₹ 902.18 Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01% Y-o-Y ₹ 68.94 Crore PAT -8.11

₹ 100.08 Crore

l items 9 Financial Performance Highlights ₹ 902.18 Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01% Y-o-Y ₹ 68.94 Crore PAT -8.11% Y-o-Y Quarterly Reve

9.56%

erformance Highlights ₹ 902.18 Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01% Y-o-Y ₹ 68.94 Crore PAT -8.11% Y-o-Y Quarterly Revenue & Profitab

₹ 95.10 Crore

ghlights ₹ 902.18 Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01% Y-o-Y ₹ 68.94 Crore PAT -8.11% Y-o-Y Quarterly Revenue & Profitability metrics ₹ 2,86

5.01%

Crore Revenue From Operations -5.50% Y-o-Y ₹ 100.08 Crore EBITDA -9.56% Y-o-Y ₹ 95.10 Crore PBT -5.01% Y-o-Y ₹ 68.94 Crore PAT -8.11% Y-o-Y Quarterly Revenue & Profitability metrics ₹ 2,862.18 Crore

“are • New tracks added last year: 5,200 km, while 5,500 km has been planned for this year (about 15 km per day in new tracks) • Target of increasing annual passenger carrying capacity to 1,000 Cr in 4 to 5 years from ~800 Cr currently.”

“• Annual freight target expected to increase from current ~3.0 lakh to ~5.4 lakh in the next few years.”

“• Increased target of annual freight by ~80% will lead to incremental demand for Freight Wagons.”

“Source: National Rail Policy; Finance Bill 2024 27 Passenger Rail System on Track for Expansion & Innovation Increasing Demand for Passenger Rail system in coming years : • Target: Waitlist free railways over the next 4 - 5 years.”

Note

2

Note

1) Excludes TRSL’s share of the whee l set orde r of ₹ 6,300 cr which will be ex ecuted by TRSL and RKFL JV 2) Standalone financials 16 Passenger Rolling Stock Passenger Rail Systems: The Future Of Transportation Expanding Rolling stock Capacity Current 300 p.a Proposed FY27 850 p.a Proposed FY28 1,200 p.a Order Book2 (₹ in cr.) 3,481 Cr FY21 6,750 Cr FY24 Gross Revenue (₹ in cr.) 541 Cr FY21 436 Cr FY24 Rolling stock Propulsion, Electrical Equipment • Capabilities to produce every type of passenger coaches in India (Aluminum, Stainless steel & Carbon Steel) ▪ Design and Manufacturing of Traction Motors, , Traction Converters and Fully Driverless TCMS1 for metros.

Note

1) TCMS: Train Control & Management System 2) Excludes TRSL’s share of the JV orders amounting to Rs. 7026 crore for maintenance of Vande Bharat which will be e xecuted through a new JV with BHEL PBIT (₹ in cr.) 3.0% 13 Cr FY24 -00 Cr FY21 Services ▪ Annual maintenance of coaches providing Recurring revenue potential 18 Strategic Investment & Production Enhancement Plan Metro and Passenger Coaches Phase 1 May 24 • Metro Coaches – 25 cars / month Phase 2 March 25 • Mainline Coaches (VB) – 25 cars /month Phase 3 March 27 • Metro Coaches – Enhanced to 36 cars / month • Mainline Coaches (VB) - Enhanced to 36 cars / month Strategy for Propulsion Phase 1 March 25 • Traction Motors – 150 TM / month • Converter – 16 / Month • TCMS – EMU / MEMU Phase 2 March 26 • Traction Motors – 200 TM / month • Converter – 32/ Month • TCMS –750V DC for Metro and Vande Bharat Phase 3 Sept 27 • Enhanced capacity (fungible between systems) • Motor – 200 / month • Converter – 100 / month • TCMS – 25 kV AC for Me