ARE&MNSE29 May 2025

Amara Raja Energy & Mobility Limited has informed the Exchange about Investor Presentation

Amara Raja Energy & Mobility Limited

May 29, 2025

National Stock Exchange of India Limited Listing Compliance Department “Exchange Plaza” Bandra – Kurla Complex Bandra East, Mumbai – 400 051 NSE Symbol: ARE&M

BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400 001 BSE SCRIP CODE: 500008

Sub: Intimation under Regulation 30 of

SEBI

(Listing Obligations and Disclosure

Requirements) Regulations, 2015 - Investor Presentation

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation for Q4 - FY25.

This is for your kind information and record.

Thank You

For Amara Raja Energy & Mobility Limited (Formerly known as Amara Raja Batteries Limited)

Vikas Sabharwal Company Secretary

Encl: a/a

A m a r a R a j a E n e rg y & M o b i l i t y L i m i t e d ( f o r m e r l y K n o w n a s A m a r a R a j a B a t t e r i e s L i m i t e d )

I N V E S TO R P R E S E N TAT I O N

M a y 2 0 2 5

S n a p s h o t

BUSINESS

OPERATIONS

FINANCIALS

4 decades of experience

12 Manufacturing Facilities(including 2 plastic units and 2 New Energy Plants)

Market Cap ~ INR 184 Bn+(As on Mar 31, 2025

Leading Automotive Battery Brand

65+ Million units annualized Capacity for Automotive batteries

Minimal debt in the books

Market Leader in Telecom and Data Centre Industry

3.2 Billion AH - Total Industrial batteries capacity

10-year Revenue CAGR ~12%

Strong Brand recall

Exporting to 60+ Countries

~16% ROCE (1)

First AGM battery manufacturer for 2W

~11000+ employees

First VRLA battery manufacturer

12X Water positive & 19% reduction in Scope 1&2 absolute carbon emissions in FY25 against FY22

AA+ Credit Rating by CRISIL

Rank 1 in S&P Global ESG rating in respective sector in India

~35%+ Institutional Shareholding

(1) As on FY25 end

Overview

▪ Amara Raja Energy & Mobility Limited, (ARE&M), formerly known as Amara Raja

Batteries Limited, is one of the largest manufacturers of lead-acid batteries in

India.

▪ Name change in 2023 reflects, the broader vision to lead India’s Energy

Transition, in the Energy & Mobility space by providing comprehensive energy

solutions

▪

Exports to over 60+ countries across the globe

▪ Strong brands like ‘Amaron’, ‘PowerZone’, ‘Elito’, ‘Quanta’

▪ All plants recognized with highest level awards in International level Quality

Circle Competitions(ICQCC) held in Beijing, China

▪ TPM is being implemented in all manufacturing facilities, currently all plants

certified for sustenance level

▪

Forayed into the New Energy business in 2022 with ambitious capex plan of INR

95 Bn over next five years for setting up a Giga Corridor in Telangana.

▪ High emphasis on protecting the environment with focus on Renewable Energy

and recycling of Lead

1,40,000

1,20,000

1,00,000

80,000

60,000

40,000

20,000

1,40,000

1,20,000

1,00,000

80,000

60,000

40,000

20,000

CONSOLIDATED INCOME (INR Mn) & EBITDA MARGIN(%)

13.8%

14.2%

1,03,920

1,17,084

12.6%

1,28,463

14,320

16,585

16,165

FY23

FY24

FY25

Revenue

EBITDA

EBITDA Margin

STANDALONE INCOME (INR Mn) & EBITDA MARGIN(%)

13.8%

14.4%

1,03,897

1,12,603

13.1%

1,24,049

14,350

16,214

16,291

▪

Long-standing & successful joint venture with a global technology giant,

FY23

FY24

FY25

Johnson Controls for over 2 decades till 2019

Revenue

EBITDA

EBITDA Margin

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

Q 4 / F Y 2 5 F I NA N C I A L H I G H L I G H T S

Q4 FY25/FY25 Key Financial Highlights

Q4-FY25 FINANCIAL PERFORMANCE-CONSOLIDATED

FY25 FINANCIAL PERFORMANCE - CONSOLIDATED

REVENUE FROM OPERATIONS

INR 30,601 Mn

EBITDA

EBITDA MARGIN

REVENUE FROM OPERATIONS

EBITDA

EBITDA MARGIN

INR 3,409 Mn

11.1%

INR 128,463 Mn

INR 16,165 Mn

12.6%

PAT

PAT MARGIN

DILUTED EPS

PAT

PAT MARGIN

DILUTED EPS

INR 1,616 Mn

5.3%

8.83 INR

INR 9,447 Mn

7.4%

51.62 INR

Q4-FY25 FINANCIAL PERFORMANCE-STANDALONE

FY25 FINANCIAL PERFORMANCE-STANDALONE

REVENUE FROM OPERATIONS

INR 29,739 Mn

EBITDA

EBITDA MARGIN

REVENUE FROM OPERATIONS

EBITDA

EBITDA MARGIN

INR 3,422 Mn

11.5%

INR 124,049 Mn

INR 16,291 Mn

13.1%

PAT

PAT MARGIN

DILUTED EPS

PAT

PAT MARGIN

DILUTED EPS

INR 1,668 Mn

5.6%

9.11 INR

INR 9,639 Mn

7.8%

52.66 INR

Diluted EPS is after considering exceptional income

Q4/FY25 Segment Highlights - Consolidated

Q4-FY25

LEAD ACID BATT. REVENUES (INR Mn)

OTHER BUSINESS REVENUES (INR Mn)

27,915

31,548

29,030

1,164

1,177

1,571

Q4 FY24

Q3 FY25

Q4 FY25

Q4 FY24

Q3 FY25

Q4 FY25

GEOGRAPHICAL REVENUE SPLIT (INR Mn)

1,12,501

1,02,367

FY25

14,717

15,962

LEAD ACID BATT. REVENUES (INR Mn)

OTHER BUSINESS REVENUES (INR Mn)

1,11,862

1,23,451

5,223

5,012

FY24

FY25

Domestic

Exports

FY24

FY25

FY24

FY25

Quarterly Consolidated Financial Performance

PARTICULARS (INR Mn)

Operational Revenue

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

Profit Before Exceptional Items & Tax

Exceptional Income/(Expense)

PBT

Tax

PAT

PAT Margin (%)

Other Comprehensive Income

Total Comprehensive Income

Diluted EPS (INR)

Q4-FY25

Q4-FY24

Y-O-Y

Q3-FY25

Q-O-Q

30,601

27,192

3,409

11.1%

258

1,441

100

2,126

29,079

24,975

4,104

14.1%

333

1,234

109

3,094

5.2%

8.9%

(16.9%)

( 297) bps

(22.5%)

16.8%

(8.3%)

(31.3%)

2,126

510

1,616

5.3%

(1,079)

537

8.83

3,094

796

2,298

7.9%

(39)

2,259

12.55

(31.3%)

(35.9%)

(29.7%)

(262)bps

(1,318)

(76.2%)

(29.6%)

1,666

16.30

32,725

28,667

4,058

12.4%

347

1,315

113

2,977

1,111

4,088

1,104

2,984

9.1%

(6.5%)

(5.1%)

(16.0%)

(126) bps

(25.6%)

9.6%

(11.5%)

(28.6%)

(48.0%)

(53.8%)

(45.8%)

(384) Bps

(67.8%)

(45.8%)

* Exceptional income of FY 25 of INR 1,111 Mn relates to insurance claim towards tubular plant

C o n s o l i d a t e d F i n a n c i a l Pe r f o r m a n c e

PARTICULARS (INR Mn)

Operational Revenue

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

Profit Before Exceptional Items & Tax

Exceptional Income/(Expense)

PBT

Tax

PAT

PAT Margin (%)

Other Comprehensive Income

Total Comprehensive Income

Diluted EPS (INR)

FY25

1,28,463

1,12,299

16,165

12.6%

1,156

5,257

443

11,621

1,111**

12,732

3,285

9,447

7.4%

(1,639)

7,808

51.62

FY24*

1,17,084

1,00,499

16,585

14.2%

1,104

4,843

344

12,502

3,158

9,344

8.0%

(60)

9,283

51.05

* Amara Raja Power systems limited became wholly owned subsidiary effective September 29, 2023 ** Exceptional income of INR 1,111 Mn pertaining to FY25 relates to insurance claim on TBD plant/Diluted EPS is after considering the exceptional income

Y-O-Y

9.7%

11.7%

(2.5%)

( 158) bps

4.7%

8.5%

28.9%

(7.0)%)

1.8%

4.0%

1.1%

(63) bps

(15.9)%

1.1%

O p e r a t i o n a l H i g h l i g h t s ( L A B ) – Q 4 / F Y 2 5

Automotive

➢ After market – Healthy late single–digit volume growth in 4W segment & consistent

doubt digit growth in 2W segment on Y-O-Y basis

➢ OEM - 2W and 3W segment registered robust growth during Q4 reflecting industry

growth momentum

➢ Other Applications- Uptick in volumes in Lubes during the quarter. HUPS and

Inverter Batteries registered healthy growth of 15%+ on Y-O-Y basis

➢ Exports – Demand softened during the quarter and we anticipate it to rebound

➢ Trading Revenue: Over all Share of revenue is ~15%.

Industrial

➢ Volumes excluding Telcom registered healthy growth in volumes

during Q4- FY25 on Y-O-Y basis

➢ Telecom volumes declined by ~ 15% during the quarter

Capex Project Update- Lead Acid Battery

Battery Recyling Plant at Cheyyar- TN

Tubular Battery Plant at ARGC- Chittoor

•

1.5 Lac MTPA (Phase I and Phase II) State-of-the-art Advanced Green field

Lead Acid Battery Recycling plant

Phase I with 50K MTPA refinery capacity (eventual capacity of 1 Lac MTPA)

•

1.5 Mn+ Battery/ Annum Advanced Tubular Manufacturing plant

Plant Redesigned with improved Fire Safety Measures

Commercial production to commence in Q1- FY26

commercial production commenced in December 2024.

Battery breaking expected to commence from Q2- FY26

O p e r a t i o n a l H i g h l i g h t s ( N E B ) – Q 4 / F Y 2 5

Business Performance

Mobility

➢ Uptick in EV charger volumes post completion of Localization of Portable EV chargers

for 2W and 3W electric Vehicles

➢ Muted Revenue growth in EV battery packs due to lower OEM offtake

➢ Focused approach to onboard new customers across other mobility segments

Stationary applications

➢ Leveraging existing relationships and partnered with telecom players for li-on

requirements

➢ Consistent growth observed in telecom volumes during Q4- FY25

Capex Project Update- New Energy Business Customer Qualification Plant- Divitipally

Giga-Cell Factory- Divitipally

E-Hub, Hyderabad

•

Foundation stone laid on August 10, 2024

Operations expected to commence from Q2/Q3- FY26

Supports diverse form factors & multiple cell chemistries

•

Foundation stone laid on March 2, 2025

16 GWh Capacity by FY30

•

Expected to commence operation in Q2/Q3-FY2026

Capability to build both EV and Stationary products

Construction commenced- Phase 1 of 4 GWh

and solutions

Rendering Views

BU S I N E S S OV E RV I E W

Overview of business & Subsidiaries

Amara Raja Energy & Mobility Limited

100%

Amara Raja Batteries Middle East (FZE)- ARBME

Amara Raja Circular Solutions Private Limited- ARCSPL

Amara Raja Advanced Cell Technologies Private Limited- ARACT

Amara Raja Power Systems Limited- ARPSL

Lead Acid Business

New Energy Business

Lead Acid Business

ARE&M:

o One of the largest manufacturers of lead-acid batteries in India

o Catering to both automotive & industrial applications

ARCSPL:

Incorporated in 2022 to promote circular economy

Eventual capacity of 1.5 LPTA towards lead recycling in Tamil Nadu

ARBME:

o Marketing arm for lead acid batteries catering to middle east geography

o Incorporated in 2022 to

New Energy Business

ARACT:

revolutionize the way we handle waste and promote sustainable practices.

•

Incorporated in 2022 to take forward the New Energy Business of

the Amara Raja

Lithium Cell and Pack manufacturing

Energy Storage Solutions

o The Company is in process of setting up of a Battery Recycling Plant in Cheyyar, Tamil Nadu

ARPSL:

First company to be established in the Amara Raja group in the year 1984.

Known as a pioneer in designing Power Chargers and manufacturing

of Power Electronics, Distribution Panels

Became a wholly owned subsidiary of ARE&M from FY24

Operations At A Glance

LEAD ACID BATTERIES

AUTOMOTIVE • Applications – 2W, 3W, 4W & CV’s

• First AGM battery manufacturer for 2W

• Largest Exporter of automotive Batteries

INDUSTRIAL • Pioneers in VRLA batteries in India

• Application - Telecom, Railways, Power Control, Solar, UPS

• Market Leader in Telecom sector/Largest exporter for VRLA batteries

• Largest Integrated Facility for MVRLA Batteries

AUTOMOTIVE | INDUSTRIAL

• Li Cell and Pack Manufacturing

• EV Charging Products

• Energy Storage Solutions

• Developed India’s First 21700 Cylindrical Cell (NMC 811)

• Setting up E Positive Energy Labs: a unique innovation &

research facility

Lead Recycling plant

Lead

recycling

facility,

showcasing commitment

to the circular economy

NEW ENERGY BUSINESS

APPLICATIONS

AGM- Absorbent Glass Mat

VRLA/MVRLA- Valve regulated lead acid/Medium valve regulated lead acid

ARE&M : Journey So Far

• ARE&M introduces VRLA technology in India •

Launched VRLA batteries in Indian Railways for rolling stack application

• Goes public

• ARE&M incorporated • Technology agreement with GNB Batteries Inc

diversified • ARE&M into automotive batteries and signed a Johnson JV Controls Inc.

with

• Supply of 1st batch of automotive batteries to Ford India Pvt. Ltd.

2000

• AMARON - Automotive brand

• Quanta - UPS Batteries brand

1995

1990

VRLA- Valve regulated lead acid JV- Joint Venture MVRLA- Medium Valve regulated Lead Acid

•

2nd Inauguration battery pack plant in new energy business

• PowerZone Brand launched • ARE&M launched 2 Wheeler

battery plant

• 2nd automotive battery plant

inaugurated

• ARE&M inaugurated Tubular

battery plant

2025

2020

2015

• New Amaron Logo unveiled • World’s

largest MVRLA in launched

Battery plant Chittoor

2010

2005

• A new SBU

- New Energy

Business(NEB) was set-up

• Amara Raja Group featured by Forbes in World’s Best Employers for 2020 and 2021 list

• Elito- Launch of Automotive Brand • Allied Business – Launch of Lubes

Marquee OEM Clientele

Lead Acid Business- LAB

New Energy Business- NEB*

Automotive

Industrial

Mobility & Stationery

Airtel

EicherLogo

*New Energy Business- Other than Lead acid batteries(including lithium-ion batteries)

State Of Art Manufacturing Facilities- LAB

KARAKAMBADI PLANTS

AMARA RAJA GROWTH CORRIDOR

4W Battery

LVRLA Battery

2W Battery

Two 4W Plants & one 2W Plant

MVRLA Battery

Tubular Plant

Plastic Component Plant

2 Plastic component plants are towards captive consumption

Manufacturing Capacities - LAB

Capacities- Prior to Throughput efforts

Capacities- Post Throughput efforts

Institutionalised Amara Raja Operating System (AROS) Structured approach to unlock the value potential by optimising existing processes

Industrial

3.1 Bn Ah

Throughput Enhancement during FY2025 owing to efficiency programs

Automotive

59 Mn units

Programs undertaken during FY25

Improving cycle times

Eliminating down time

Eliminating Speed loss in production

Industrial

3.2 Bn Ah

Automotive

66 Mn units

State Of Art Manufacturing Facilities - NEB

Pack Assembly Plant- Stationery- Tirupathi Capacity ~ 1 GWh

Pack Assembly Plant- Mobility- Divitipally Capacity ~ 1.5 GWh

Products across EV & Stationary space

Telecom battery

3W Battery

2W Battery

Awards And Customer Recognitions

Overall Excellence Award from BOSCH India Limited

AGM First time supplies shield from Hyundai

Excellence in customer delight- in QCDM parameters from Hyundai

Quality Award for Outstanding Commitment to Quality & Excellence at the Vertiv Supplier Meet

Best mould maintenance practices from Maruti Suzuki

Lead Acid Batteries

Lead Acid Battery - Industry Outlook

INDIAN LEAD-ACID BATTERY MARKET (USD Bn)

5.8

4.6

❑ India’s Lead acid battery market is projected to reach USD 5.8 billion by FY2030

❑ Global Lead acid battery market is projected to reach USD 61.2 billion by FY2030

❑ Asia- Pacific is the largest & fastest growing market

KEY GROWTH DRIVERS FOR LAB

2025

2030E

Cost efficient energy solutions

GLOBAL LEAD-ACID BATTERY MARKET (USD Bn)

61.2

Cost effective compared to many other solutions in the market

49.4

Recyclable

KEY APPLICATIONS

TELECOM

Automotive

Passenger Vehicles/Commercial vehicles

H-UPS/Other Allied business

Stationery

Most product with reported recycling rate of over 90%

recycled

Robust Technology

Telecom

UPS

2025

2030E

Mature and reliable technology

Battery Energy storage applications

Source: Mordor Intelligence, IMARC, internal assessment

Automotive- Multifold Applications With Strong Brand Recall

Products for multiple applications

Automotive

4-W

3-W

2-W

Bus

Farm Vehicles

E-Rick

Home Energy

Allied Business

H-UPS

Lubes

Strong Brand Recall

• Caters to both domestic and international Markets

• Zero Maintenance, Extended Warranty, High Cranking Power, and Enhanced Safety

• Pioneered VRLA batteries for two-wheelers in India

• Amaron, most preferred battery brand in the domestic and various overseas markets

• Pioneer in launching charged and ready-to-use batteries for automobile applications

• Developed India’s first AGM (Absorbent Glass Mat) two-wheeler and car battery

• Widest range of batteries for international markets (JIS,DIN,BCI,AGM,EFB,Deep cycle, L&G)

Expanding brand presence in EU & Americas

Consistent growth in both 2W & 4W

Exploring mfg./ /quasi mfg. facilities in new geographies

New technologies for efficient LABs

JIS- Japanese Industrial Standards/ DIN – German Industry standard/BCI- Battery Council Internationals/ EFB- Enhanced Flooded Batteries/ L&G- Lawn & Garden

Growth Drivers For Automotive Segment

Growing Demand:

▪ Rise in middle class income, gender diversity and young population resulting in growing demand for PV

▪ Commercial Vehicle may increase due to high level of activity in infrastructure

Policy Support to the sector

▪

Initiatives like Make in India , Automotive Mission Plan will give huge boost to the sector

Better financing options-

▪ Greater availability of credit and financing options

the Supports company’s approach to reduced carbon emissions and green energy initiatives

▪ Original Equipment Manufacturers(OEM’s) are introducing instant loan products for

enabling the tech savvy customers

Home Energy

▪

Increase in demand from semi- urban and rural areas

▪ Growing importance of uninterrupted work from home setups

▪ Reduced tolerance to power outages and voltage fluctuations

Automotive- Domestic Distribution Network

Increasing the presence through Amaron franchise network

DISTRIBUTION POINTS

HAR

RUD

DEL

GZB

JAM

ZRK

GUR

JAI

LKN

VAR

RAI

SIL

GAU

PAT

RAN

JMD

KOL

AMD

MAND

JAB

IND PITH

NAG

BHU

BWD

NSK

PUNE

AUR

HYD

VJD

ANT

HUB

COC

BLR

CHE

COI

BRANCHES

DISTRIBUTION POINTS

POINTS OF SALE

DIRECT PARTNERS

1,00,000+

1500+

Automotive- Domestic Distribution Network

Digital initiatives to enhance the experience for esteemed partners

Go Paperless with new AMARON KONNECT APP

Lubes

Digital Warranty card

Quick & seamless REWARDS FOR LUBES PARTNERS : •

Improving market outreach in lubes business

•

Improving trust and relationship with partners

Host of other valuable benefits: •

Latest Product Information

• Navigate to your nearest AMARON pitstop

•

Excellent user interface/experience

Introduction of payment gateway options for facilitating E-COMMERCE BUSINESS for our channel partners

• Direct reach out to B2C customers

• One stop shop for Automotive battery solution

Partnered with financial institutions to provide financing options to channel partners

Enhancing product portfolio with range of new products…

New Range of Lubricants in domestic business

Expanding Automotive range Internationally

Automotive Lubricants

Industrial Lubricants

A new range of lubricants to cater to both automotive

Advanced batteries for Marine, Trucks, and Lawn Movers

and industrial sectors within the domestic market.

for increased market fit

Addressing local market needs with enhanced product

Our new battery range is set to penetrate the international

offerings

market, focusing on durability and performance.

Automotive- Reaching Out To International Markets

Enhancing brand image and strengthening global supply chain Initiatives and Expo Participation in international markets

Dubai Automechanika & Dubai Boat Show

Product Training

Auto Show at Manila

Growing Automotive Footprint

Presence in 60+ countries

Establish Presence in 80+ Countries by FY’30

~13% Of ARE&M Sales is from International Business

Leading brand in APAC and MEA

UNITED STATES A

Caucedo

Antigua

HONDURAS A A

GUATEMALA

GUYANA A

SURINAME

397

RUSSIA

Netherlands

Poland A

Italy

Greece

MOROCCO

LEBANON A

Burkina Faso A

GHANA NIGERIA

SUDAN A

YEMEN A

ETHIOPIA

Somalia A

GCC ~ 403

DRC A

KENYA A

UGANDA A

RWANDA

TANZANIA

ZAMBIA

MALAWI

MOZAMBIQUE

SEYCHELLES

MAURITIUS

IRAQ A

KUWAIT A

EGYPT A

JORDAN

SAUDI ARABIA A

BAHRAIN

UAE A

QATAR

OMAN A

AFGHANISTAN A

221

NEPAL A

BHUTAN A

624

INDIA A

MYANMAR A

BANGLADESH

MACAU A

TAIWAN A

THAILAND A

HONG KONG

VIETNAM

MALDIVES A

SRILANKA

PHILLIPINES A

CAMBODIA

MALAYASIA A

SINGAPORE

INDONESIA

PAPUA NEW GUINEA

AUSTRALIA

782

FIJI ISLAND

NEW ZEALAND

Lead Acid Batteries – Industrial

Products across verticals

Telecom

UPS

❑ Pioneers in Valve Regulated Lead-Acid(VRLA) batteries in India

❑ UPS and telecom contribute a dominating share of revenue

❑ Market leader in Telecommunication batteries in domestic market

Railways

Solar

Exports

❑ First and only company worldwide to implement VRLA technology in

railway rolling stock applications

❑ Most preferred battery in over 32 countries in the Middle East & South

east Asia, Africa, and Australia

Most preferred brand in industrial segment

Amaron Quanta

Amaron Volt

Power Stack

Amaron Sleek

Amaron Brute

Amaron Solar

Growth Drivers For Industrial Segment

UPS

▪ Witnessing steady growth in Data Centers on account of digitization and rising demands for data localization in India.

▪

The Growth in Industrial UPS market in India was led by growth in manufacturing sector and overall economic progress

Growth expected from developments in manufacturing data centers and infrastructure projects

Railways

▪

Focus Technology developments in signaling and telecommunication

Building new metros and new railways will drive the demand for batteries

Headwind from diminishing demand of air conditioning coach batteries due to non production of fresh Self Generation AC coaches

Renewable Energy

India’s RE target to 500 GW by 2030/Focus on solar energy

the Supports company’s approach to reduced carbon Enhanced channel partner network to capitalize on solarization push by the government emissions and green energy initiatives

▪

Regulations aimed at reducing carbon emissions are pushing industries to adopt cleaner and more efficient energy storage solutions.

Telecom sector ▪

5G roll outs, 4G expansion are expected to drive the domestic demand

▪

LiB adoption is picking pace backed by falling prices and ESG push in general by the industry

LAB may see a declining demand however a good opportunity in LiB demand growth is clear

Exports

▪

Growth in global UPS/ Data center and other applications will spur export demand

Poised to take China +1 strategy for supplies to global OEM/pvt label opportunities

N ew E n e rg y B u s i n e s s

Lithium-Ion Batteries - Industry Outlook

Projected LiB Demand in India (GWh)

Mobility outlook- EV

• Strong thrust on Electrification, the demand for LiB is expected to be 100 to 110 GWh

100-110

• Envisaged EV penetration by FY30

by 2030.

35-40%

10-15%

60-65%

7-10%

2030E

•

EV Transition is majorly happening through e2W,e3W & eBus

~10

2025

Projected demand from applications (2030)

• Price parity/TCO will drive penetrationlevelsin4Wgoing forward

15%-20%

Stationery outlook

• OEMs are working towards reduced exposure to ICE vehicles.

80%-85%

Stationary

• Projected LiB demand in Stationery is expected to be ~20 GWh by 2030

• Demand driven by continued investments coupled with the need for efficient energy

storage solutions

• Key application areas include Grid Support, UPS, Telecom, Data Centers

Source: BNEF; CRISIL; CEA, internal assessment

New Energy Business

PRODUCT PORTFOLIO

PAVING THE WAY FOR THE FUTURE

Battery Packs

3-W

2-W

Chargers

Portable

• Amara Raja Advanced Cell Technologies (ARACT) was incorporated to focus on

developing advanced cell chemistries , battery packs and chargers

• Lithium Battery packs currently being supplied to leading 3W, 2W OEM’s & for

Developed

4-W

Developed

Stationery

AC/DC

• Offering Battery pack solutions based on both LFP and NMC chemistry

• Successfully designed and developed a Nickel-rich 21700 NMC cylindrical cell

stationary applications

• Scaling up the pack assembly capacities to cater to 2W, 3W & stationery applications

Under Development

Developed

• Ramped up in-house R&D capabilities and made strategic investments in companies

working on these technologies

Cells

Cylindrical

Prismatic

3W Battery

2W Battery

Portable chargers

DC/AC Fast Charger

Long term growth drivers - for Lithium-Ion Battery market Segment

Policy push

▪ PLI ACC scheme announced to encourage domestic production of cells

▪

Financial subsidies including manufacturing subsidies valued 50000 cr+

Telecom sector

▪ Advent of 5G leading to growth in telecom towers

▪

Secondary demand for replacement of existing LAB batteries with LiBs

Renewable Adoption

▪ Net zero by 2070

the Supports company’s approach to reduced carbon emissions and green energy initiatives

▪ Meeting 50% power capacity from renewables

▪

50 GW RE by 2030…Need storage(BESS)

Digital Economy

▪

800 Mn internet users

125 lakh crore UPI transactions

This may lead to more storage, data centers and reliable connectivity

PLI ACC- Production Linked Incentive Advanced Chemistry cells RE- Renewable energy

New Energy Business going forward….

Focus on Pack business and build state of art manufacturing facilities….

Pack Assembly plant:

Tirupathi & Divitipally

Giga cell plant:

Capacity of 16 GW by FY30

Customer Qualification

plant (CQP)

•

Scale pack business by entering into new mobility applications and building

sustainable customer base

Fully operational 1.5 GWh pack capacity at Divitipally to cater to 2W and 3W segments

1 GWh capacity to cater to stationary segment through its Tirupathi plant

Operations commencement shifted to Q2/Q3 of 2027

Phase 1 – Cylindrical capacity of 4 GWh/ Chemistries offered- NMC and LFP

Further capacity to be set up in phased manner by FY2030

Offering pilot production run & product optimization to meet customer requirements

To validate industrial scale production & improve quality

Focus On R&D For Innovative Technologies

R&D LAB FOR DEVELOPING LI-ION CELLS AND BATTERY PACK ASSEMBLY

1st in INDIA

Achieved IATF 16949:2016 & ISO 9001:2015 certification for Li-Ion Batteries

Facility will be equipped with advanced laboratories and testing infrastructure

Development of innovative clean storage technologies

energy

Capability to build both EV Stationary products and solutions

and

In-house manufacturing capabilities key components

for

Trained work force with adequate technical competence

NABL certified lab

Battery Packs

Proposed E+ Energy Labs at Hyderabad, Telangana

Demonstrating its unwavering commitment towards the New Energy Business initiative

NABL: National Accreditation Board for Testing and Calibration Laboratories

New Energy Business Thought Leadership

UNIQUE CONCLAVE on Advanced battery Technologies

❑ To foster enriching exchange of ideas among industry leaders, policymakers, energy and mobility experts, manufacturers, and delegates.

❑ It aims to develop a consensus on the way forward in the Battery Storage Technology space for the country.

S T R AT E G I C OV E RV I E W

Growth Strategy- LAB

AUTOMOTIVE- DOMESTIC (DRIVE EFFICIENCY)

Existing Auto business-

• Focus on market share protection and geographical dispersion of existing brand & channel strength

Robust new product pipeline-

• Solar, Lithium HUPS, Advanced Home Energy Solutions & Other Ancillaries

• Leverage the channel network for penetrating into other allied products

AUTOMTOVE INTERNATIONAL (EXPAND PRESENCE)

• Focus on establishing geographic outposts with volume potential

• Expand presence to Europe & American Markets

• Deepen presence in APAC and MEA regions with enhanced marketing investment

• Wide range of products for maximum market fit including Allied business Lubes

• Explore growth opportunities including tapping new markets

INDUSTRIAL (ENERGY SOLUTIONS)

• Focus on sustaining market share in Telecom and UPS

• Build Capabilities for offering Chemistry Agnostic Solutions

• Explore targets for market access in Europe and North America

Growth Strategy- NEB

TECHNOLOGY

• Build strategic technology partnerships

• Create best-in-class product portfolio for both EV and ESS

• Establish E Positive Energy Labs, enhance in-house competency in cell technology

CUSTOMERS

• Capitalize CQP facility to partner with new customers

• Ensure quality and expectation management

• Leveraging ongoing customer relationships and codevelop custom built products

• Build strategic vendors base for Equipment and Raw Materials resulting in competitive costing

SUPPLY CHAIN

• Diversified sourcing to ensure supply security

•

Implement green initiative within Supply Chain both through partners and self

Initiatives for strengthening domestic Supply Chain- Diversify away from China

TALENT

• Recruitment of global talent including subject matter experts

• Build deep tech expertise in Technology, Supply Chain and Operations

• To promote Diversity & Inclusion

• To promote continuous learning through upskilling and reskilling

E S G

Sustainability At Amara Raja

Energy and Carbon

• Committed to Net Zero by 2050, net zero plan aligned with SBTi limiting to 1.5 deg increase as per Paris agreement • Reduced intensity of Scope 1&2 emissions by 43% over FY22. • 27.6% Renewable energy share with captive renewable at 66.9 MW

Water Management

• All manufacturing plants are zero liquid discharge and facilities not in water-stressed areas • Reduced absolute water consumption by 10% and intensity by 18% • We are a 12X water positive organisation.

Waste to Wealth

• 94% of manufacturing waste is recycled • Reduced waste generation intensity by 11% • Battery recycling rate is in compliance with Battery Waste Management Rules, 2022

Product Stewardship

• Life cycle assessment for key products • Design for sustainability – reduce resource consumption, longer life and ease of recycling • Setting up 16 GwH of Lithium Cell and 5 GwH of pack assembly. E-hub for R&D in New Energy (AR-ACT)

Sustainable sourcing and circularity

• 1.5 LTPA of lead recycling facility (ARCSPL) operational. • 85%+ of lead and lead alloys from recycled sources • Covered 70%+ suppliers by value for supplier engagement, capability building, target setting & assessments

Sustainability At Amara Raja

People and Community

• Roll out of Amara Raja Sustainability Academy • All Amara Raja Group companies recognized as Best Place to Work awards from the Great Place to Work Institute • Safety by Design in our state-of-the-art manufacturing & maintaining zero fatality status. • CSR initiatives in thematic areas of education, primary health care, water, rural infrastructure, social forestry and skilling India. 30,000+

beneficiaries

• Targets to improve Diversity, Equity, Inclusion and Belongingness. Included in BSC and KRAs of leaders

Governance & Transparency

• Monthly Sustainability committee led by Executive director and dedicated Group Sustainability vertical • ESG framework & ESG reporting portal for progress monitoring • Integrated report in FY24. • Manufacturing certified for ISO 14001 (EMS), ISO 45001(OHSMS) and ISO 50001 (EnMS) • Disclosures against Climate Disclosure Project (CDP) for Climate Change and internal report on Taskforce for Climate-related Financial

disclosures (TCFD)

Ratings & Awards

• B Rating CDP “Climate change” 2024” • CSA- S&P Global ESG rating- No.1 in India in Electrical components & Equipment Sector • ICAI- Award for Sustainability reporting in ‘MidCap’ category • CII CAP 2.0- Climate Action Award ‘Resilient’ Category • CII Gold award for HSE performance and CII award for Water excellence • ASSOCHAM award for excellence in Climate Change Mitigation • Silver Award – Asia Best Sustainability report (First time) by Asia Sustainability reporting Awards (ASRA) • Golden Peacock Award for Sustainability and many more

Sustainability At Amara Raja

School at Diguvamagham

Check Dams Social Forestry

Zero Liquid Discharge Units Solar panels (ground mounted) Fume and Dust extraction systems

Sustainability At Amara Raja

Recognition for our ESG efforts

S&P Global ESG rating

ARE&M HO & ARGC bagged the Gold and Bronze Awards respectively for Excellence in Environment, Health and Safety (EHS), CII

Our ranking in Electrical Components & Equipment Sector:

▪ ▪ ▪

#1 in India #2 in Asia Pacific #6 Globally

ICAI Sustainability Reporting Award under the Mid-Cap Manufacturing Sector category

Excellence in Climate Change Mitigation by ASSOCHAM

Policy Framework – Sustainability

Environment

Social

Governance

Environmental Management Circularity Value Chain Engagement 5S Energy Management Sustainable Sourcing Conflicts Minerals

Occupational Health & Exposure Control Critical safety standards Road safety Corporate Social Responsibility Human Rights Equal Opportunities & Discrimination Prevention of Sexual Harassment Supplier Code of Conduct Community Grievance Management

Code of Ethics Board Diversity Anti Bribery & Anti-Corruption Vigil Mechanism/ Whistle Blower Materiality Information Security

F I NA N C I A L OV E RV I E W

Historical Consolidated Income Statement

PARTICULARS (INR Mn)

Operational Revenue

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

Profit Before Exceptional Items & Tax

Exceptional Income/(Expense)

PBT

Tax

PAT

PAT Margin (%)

Other Comprehensive Income

Total Comprehensive Income

Diluted EPS (INR)

* Exceptional income of INR 1,111 Mn during FY25 relates to insurance claim on TBD plant

FY23

1,03,920

89,600

14,320

13.8%

924

4,504

296

10,444

(477)

9,967

2,659

7,308

7.0%

1,093

8,401

39.93

FY24

1,17,084

1,00,499

16,585

14.2%

1,104

4,843

344

12,502

3,158

9,344

8.0%

(61)

9,283

51.05

FY25

1,28,463

1,12,299

16,165

12.6%

1,156

5,257

443

11,621

1,111*

12,732

3,285

9,447

7.4%

(1,639)

7,808

51.62

Consolidated Balance Sheet

PARTICULARS (INR Mn) Assets (1) Non-Current Assets (A) Property, Plant And Equipment (B) Right Of Use Asset (C) Capital Work-in Progress (D) Goodwill (E) Other Intangible Assets (F) Intangible Assets Under Development (G) Financial Assets Investments (i) (ii) Other Financial Assets (H) Deferred Tax Assets (Net) (I) Income Tax Assets (Net) (J) Other Non-current Assets Total Non-current Assets (2) Current Assets (A) Inventories (B) Financial Assets (i) Investments (ii) Loans (iii) Trade Receivables (iv) Cash And Cash Equivalents (v) Bank Balances Other Than Cash And Cash Equivalents (vi) Other Financial Assets (C) Other Current Assets Total Current Assets Total Assets (1+2)

FY23

FY24

FY25

28,555 3,966 2,487 4,280 669 8

2,617 1,252 9 15 1,251 45,107

29,095 4,081 6,255 4,358 538 154

3,608 132 17 131 2,714 51,083

31,164 4,154 12,975 4,358 465 7

3,521 151 72 182 2,168 59,216

17,340

19,484

21,954

1,653 887 8,866 949

104

3,222 1,494 34,513 79,621

3,531 - 11,358 983

195

919 2,225 38,695 89,778

3,294 - 12,631 1,578

168

209 2,632 42,467 1,01,683

PARTICULARS (INR Mn) Equity And Liabilities

(1) Equity

(A) Equity Share Capital

(B) Other Equity

(2) Non-Current Liabilities

(A) Financial Liabilities

(i) Borrowings

(ii) Lease Liabilities

(B) Provisions

(D) Other Non-Current Liabilities

Total Non-Current Liabilities

(3) Current Liabilities

(A) Financial Liabilities

(i) Borrowings

(ii) Lease Liabilities

(iii) Trade Payables

(iv) Other Financial Liabilities

(B) Provisions

(D) Other Current Liabilities

Total Current Liabilities

Total Equity And Liabilities (1+2+3)

* Numbers for FY2023 are restated considering acquisition of Plastic division of Mangal Industries

FY23

FY24

FY25

60,070

67,987

171

183

59,900

67,804

73,891

183

73,708

800

635

1,463

1,040

830

4,768

311

268

7,577

2,537

1,417

2,670

14,782

79,621

260

751

1,838

906

785

4,540

273

283

8,565

3,614

1,328

3,188

17,251

89,778

814

2,106

743

996

4,658

1,446

349

10,866

5,106

1,767

3,599

23,133

1,01,683

Consolidated Financial Charts

REVENUES (INR Mn)

EBITDA (INR Mn) & EBITDA MARGIN (%)

1,17,084

1,28,463

1,03,920

22,000

17,000

12,000

7,000

2,000

(3,000)

13.8%

14.2%

12.6%

14,320

16,585

16,165

FY23

FY24

FY25

10,000

9,000

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

20.0%

18.0%

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

PAT (INR Mn) & PAT MARGIN (%)

8.0%

7.0%

7,309

FY23

7.4%

9,344

FY24

9,447

FY25

9.0%

8.0%

7.0%

6.0%

5.0%

4.0%

3.0%

2.0%

FY23

FY24

FY25

EBITDA (INR Mn)

EBITDA MARGINS (%)

PAT (INR Mn)

PAT MARGINS (%)

NETWORTH (INR Mn)

67,987

60,070

73,891

2.3

CURRENT RATIO

2.2

1.8

FY23

FY24

FY25

FY23

FY24

FY25

ROCE (%) & ROE (%)

13.8%

14.6%

19.5%

19.2%

13.3%

16.2%

FY23

FY24

FY25

ROCE %

ROE %

Standalone Financial Charts

REVENUES (INR Mn)

1,24,049

1,12,603

1,03,897

EBITDA (INR Mn) & EBITDA MARGIN (%)

PAT (INR Mn) & PAT MARGIN (%)

22,000

17,000

12,000

7,000

2,000

(3,000)

13.8%

14,350

FY23

14.4%

16,214

FY24

10,000

9,000

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

19.0%

17.0%

15.0%

13.0%

11.0%

9.0%

7.0%

5.0%

13.1%

16,291

FY25

8.0%

7.0%

7.8%

7,307

FY23

9,059

FY24

9,639

FY25

FY23

FY24

FY25

EBITDA (INR Mn)

EBITDA MARGINS (%)

PAT (INR Mn)

PAT MARGINS (%)

NETWORTH (INR Mn)

CURRENT RATIO

ROCE (%) & ROE (%)

67,687

73,783

2.2

2.1

13.8%

14.2%

60,056

1.6

19.5%

18.6%

13.6%

16.6%

FY23

FY24

FY25

FY23

FY24

FY25

FY23

FY24

FY25

ROCE %

ROE %

Capital Market Data

NSE: ARE&M | BSE: 500008 | Bloomberg: AMRJ:IN | Reuters: AMAR.NS / AMAR.BO

1 YEAR STOCK PERFORMANCE

140% 120% 100% 80% 60% 40% 20% 0% -20%

Apr-24

May-24

Jun-24

Jul-24

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24

Jan-25

Feb-25

Mar-25

PRICE DATA (AS ON 31st MARCH, 2025)

Face Value

CMP

52 Week H/L

Market Cap (INR Mn)

Shares O/S (Mn)

Avg. Vol. (‘000)

Amara

Sensex

INR

1.0

1,003.0

1,774.9/767.6

1,83,574.4

183.0

1,482.8

SHAREHOLDING PATTERN (AS ON 31st MARCH, 2025)

DIIs, 14.58%

Public, 31.86%

FIIs, 20.70%

Promoter, 32.86%

Disclaimer

This presentation by Amara Raja Energy and Mobility Limited (including its subsidiaries) is general background information about the Company’s activities at the date of this presentation. Said information is provided in summary form only and does not purport to be complete, does not contain all the information that is or may be material to investors or potential investors and contents of this presentation should not be considered to be legal, tax, investment or other advice, or a recommendation to investors or potential investors in respect of the holding, purchasing or selling of securities or other financial instruments and does not take into account any investor’s particular objectives, financial situation or needs. By attending the presentation or by reading the presentation slides, you agree to be bound as follows:

This presentation solely for information purposes. This presentation may be amended and supplemented as the Company sees fit, may not be relied upon for the purpose of entering into any transaction and should not be construed as, nor be relied on in connection with, any offer or invitation to purchase or subscribe for, underwrite or otherwise acquire, hold or dispose of any securities of the Company, and shall not be regarded as a recommendation in relation to any such transaction whatsoever.

This presentation and its contents are confidential and proprietary to the Company. No part of it or its subject matter may be reproduced, redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (excluding the relevant person’s professional advisers) or published in whole or in part for any purpose without the prior written consent of the Company. The communication of this presentation may be restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. The information in this presentation has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the presentation and the information contained herein and no reliance should be placed on it. Information in this presentation (including market data and statistical information) has been obtained from various sources (including third party sources) and the Company does not guarantee the accuracy or completeness of such information. All projections, valuations and statistical analyses are provided for information purposes only. They may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results and to the extent they are based on historical information, any they should not be relied upon as an accurate prediction of future performance.

This presentation contains forward‐looking statements. These statements may include the words “believe”, “expect”, “expected”, “opportunity”, “market expansion”, “commercialization”, “anticipate”, “intend”, “plan”, “growth strategy”, “road map”, “future growth engine”, “estimate”, “will”, “may”, “targeting” and similar expressions as well as statements other than statements of historical facts including, without limitation, those regarding the financial position, business strategy, plans, targets and objectives of the management of the Company for future operations (including development plans and objectives). Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors which may affect the Company's ability to implement and achieve the economic and monetary policies, budgetary plans, fiscal guidelines and other development benchmarks set out in such forward‐looking statements and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward‐looking statements and are based on numerous assumptions regarding the Company’s present and future policies and plans and the environment in which the Company will operate in the future.

Any financial data in this presentation are solely for your information, as background to the Company and may not be relied upon for the purpose of entering into any transaction whatsoever. The financial information set out in this presentation is based on certain important assumptions and adjustments and does not purport to represent what our results of operations are on an audited basis or actually will be in any future periods. All information, opinions and estimates contained herein are given as of the date hereof and are subject to change without notice. The Company, and its Subsidiaries, affiliates, directors, representatives, officers or employees cannot guarantee that the assumptions underlying such forward-looking statements are free from errors, nor do they accept any responsibility for the future accuracy or actual occurrence of any forward-looking statements contained in this document. Company or its Subsidiaries, affiliates, directors, key managerial persons, advisors, representatives, officers or employees accept no responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors or omissions in this presentation/document or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents, and make no representation or warranty, express or implied, for the contents of this document. Neither the Company nor any other person is under any obligation to update or keep current the information contained herein.

This document is not a prospectus or a statement in lieu of a prospectus or an offering circular or an invitation or an advertisement or an offer document under the Companies Act, 2013, together with the rules and regulations made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable laws and regulations. By accessing this document, you accept that this document and any claims arising out of the use of the information from this document shall be governed by the laws of Republic of India.

Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903 9500 Email: amara@valoremadvisors.com Investor Kit Link: http://www.valoremadvisors.com/amara

Tel: +91-40-2313 9000 Email: investorservices@amararaja.com

THANK YOU

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