BSL Limited

rs,

or changes in factors affecting these statements. Given these risks, uncertainties, and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking stat

rs. 2

ain certain currency exchange rates and the same has been provided only for the convenience of readers. 2 Q3 & 9M FY25 Safe Harbor Presentation Content 01. Financial Performance 04. ESG Initiatives 02.

rs 05

Safe Harbor Presentation Content 01. Financial Performance 04. ESG Initiatives 02. Growth Drivers 05. Management Team 03. Company Profile 06. Annexure Thank You 3 Q3 & 9M FY25 Content Chairman

₹512

o seize opportunities across various segments. For 9M FY25, the company posted a total revenue of ₹512 Cr, registering a modest uptick of 0.3% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EB

0.3%

ments. For 9M FY25, the company posted a total revenue of ₹512 Cr, registering a modest uptick of 0.3% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹

₹510

M FY25, the company posted a total revenue of ₹512 Cr, registering a modest uptick of 0.3% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹8 Cr, with a P

₹48

evenue of ₹512 Cr, registering a modest uptick of 0.3% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹8 Cr, with a PAT margin of 1.5%. Looking forwar

9.3%

modest uptick of 0.3% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹8 Cr, with a PAT margin of 1.5%. Looking forward, we are enriching our product

₹8

% against ₹510 Cr in 9M FY24. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹8 Cr, with a PAT margin of 1.5%. Looking forward, we are enriching our product portfolio, ensuring w

1.5%

. EBITDA stood at ₹48 Cr, with EBITDA margins at 9.3%. PAT amounted to ₹8 Cr, with a PAT margin of 1.5%. Looking forward, we are enriching our product portfolio, ensuring we are well- equipped to navig

₹170

an Churiwal, Managing Director of BSL Limited said, “During Q3 FY25, the company revenue reached ₹170 Cr, reflecting a marginal decline of 4.6% & 0.7% on a QoQ & YoY basis respectively. This slight dip

4.6%

ted said, “During Q3 FY25, the company revenue reached ₹170 Cr, reflecting a marginal decline of 4.6% & 0.7% on a QoQ & YoY basis respectively. This slight dip was primarily driven by market-driven pr

“(22.4) 7 Q3 & 9M FY25 Financials Q3 FY25 Segment Wise Revenue Performance Fabric Furnishing Yarn Others 5% 46% 11% 38% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 4% 47% 12% 37% 4% 45% 13% 38% Q3 FY24 Q2 FY25 Q3 FY25 8 Q3 & 9M FY25 Financials 9M FY25 Financial Performance Revenue Gross Profit & Margin(%) EBITDA & Margin(%) PAT & Margin(%) 510 512 ₹ in Cr 220 227 49 48 43.2% 44.3% 9.7% 9.3% 8.7 7.9 1.7% 1.5% 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25”

“By 2026, the industry is likely to expand to $250 bn at 17-19% CAGR.”

“regain a Robust Demand 1 Government Support 2 China +1 Strategy 3 14 Q3 & 9M FY25 Growth Drivers Growth Driving Factors ▪ BSL Limited has commenced commercial operations in its Cotton Spinning Project from March 2023 at full capacity.”

“Countries and (SusTex) project by ▪ The Sustainable Textiles for Sustainable Development the United Nations Climate Change entity enhances the Employment and working circumstances of textile artisans while promoting the Sustainable Production and use of Environmentally Friendly Textiles.”

“segments ▪ Export account for ~57% in FY24 out of total turnover Investment Return 4 Sustainability 5 Aggressive Marketing 6 15 Q3 & 9M FY25 Growth Drivers 03.”

“Top, Fiber & Yarn Dying 2,352 MT Cotton Yarn 29,184 Spindles 17 Q3 & 9M FY25 Company Profile Milestone under Incorporated of name the “Raj General Udyog Private Limited”.”

“18 Q3 & 9M FY25 Company Profile in India First to venture into Suiting Export and today is the Leading Exporter of suiting fabric from India.”

“BSL has started its Cotton Spinning Project with 29,184 spindles, capable of producing ~700 tons per month.”

“March 2024 Annexure 21 Q3 & 9M FY25 Company Profile Yarns Business Verticals COTTON YARN The finest cotton, spun on the latest technology to create the best cotton yarn exquisite fabrics.”

“its Parentage ELECTRODES ▪ HEG Limited g n o r t S TEXTILES ▪ BSL Limited ▪ Maral Overseas Limited ▪ RSWM Limited ▪ Bhilwara Technical Textiles Limited ▪ BMD Private Limited IT SERVICES March 2024 Annexure ▪ Bhilwara Infotechnology Limited 22 Q3 & 9M FY25 Company Profile POWER CONSULTANCY ▪ Indo Canadian Consultancy Services Limited HIGHLIGHTS ▪ 5 Group companies listed on the Stock Exchanges.”

YoY

8

QoQ

4

YoY

(22.4) 7 Q3 & 9M FY25 Financials Q3 FY25 Segment Wise Revenue Performance Fabric Furnishing Yarn Others 5% 46% 11% 38% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 4% 47% 12% 37% 4% 45% 13% 38% Q3 FY24 Q2 FY25 Q3 FY25 8 Q3 & 9M FY25 Financials 9M FY25 Financial Performance Revenue Gross Profit & Margin(%) EBITDA & Margin(%) PAT & Margin(%) 510 512 ₹ in Cr 220 227 49 48 43.2% 44.3% 9.7% 9.3% 8.7 7.9 1.7% 1.5% 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25

YoY

(9.6%) 9 Q3 & 9M FY25 Financials Historical Financial Performance Revenue Gross Profit & Margin(%) EBITDA & Margin(%) PAT & Margin(%) ₹ in Cr 667 472 436 390 321 294 250 224 31 30 199 166 65 51 40 17 11 11 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 51.0% 51.6% 51.4% 52.9% 44.1% 7.9% 9.4% 9.2% 10.9% 9.8% 2.6% 3.6% 1.7% 2 4.0% 1 4.0% CAGR 11% CAGR 8% CAGR 16% CAGR 41% 10 Q3 & 9M FY25 Financials Historical Financial Segmental Performance Fabric Furnishing Yarn Others ₹18 Cr (3.8%) ₹21 Cr (3.1%) ₹98 Cr (20.8%) ₹98 Cr (20.8%) ₹258 Cr (54.6%) ₹303 Cr (45.5%) ₹77 Cr (11.6%) ₹265 Cr (37.8%) FY23 FY24 11 Q3 & 9M FY25 Financials Historical Financial Performance ROCE 10.9% 9.7% 8.7% 7.4% 7.3% RONW 16.3% 12.9% 2.2% 1.7% FACR(x) ₹ in Cr 3.1 10.0% 1.8 1.4 1.3 1.3 F Y 2 0 F Y 2 1 F Y 2 2 F Y 2 3 F Y 2 4 F Y 2 0 F Y 2 1 F Y 2 2 F Y 2 3 F Y 2 4 F Y 2 0 F Y 2 1 F Y 2 2 F Y 2 3 F Y 2 4 Net Working Capital Net Debt Net Debt to Equity(x) 45.7 37.2 37