TVS Supply Chain Solutions Limited

rs,

May 29, 2025 BSE Limited 1st Floor, New Trading Ring, Rotunda Bldg., P. J. Towers, Dalal Street, Fort, Mumbai 400 001 Scrip Code: 543965 National Stock Exchange of India Limited Excha

4%

T I A L 3 From the desk of MD Firmly on the path to achieving our previously committed target of 4% PBT “We delivered steady operational performance in FY25, achieving 9% revenue growth in a challen

9%

viously committed target of 4% PBT “We delivered steady operational performance in FY25, achieving 9% revenue growth in a challenging global environment. Our GFS business posted a robust 19% growth, dr

19%

, achieving 9% revenue growth in a challenging global environment. Our GFS business posted a robust 19% growth, driven by both price increases and higher volumes. The IFM segment recorded a strong turna

4.9%

swanathan Managing Director In the Integrated Supply Chain Solutions segment, overall revenue grew 4.9% with ISCS North America remaining strong, contributing consistently to the segment’s performance. I

Rs. 5,250

rmance. India operations drove stronger bottom-line margins. Our order pipeline remains healthy at Rs. 5,250 Crs from Rs. 4,500 Crs in the previous quarter. Our Fortune 500 customer count is showing a healthy

Rs. 4,500

tions drove stronger bottom-line margins. Our order pipeline remains healthy at Rs. 5,250 Crs from Rs. 4,500 Crs in the previous quarter. Our Fortune 500 customer count is showing a healthy expansion from 78 t

Rs. 9,996 crore

nathan, Global CFO said - “We delivered a steady performance in FY25 with revenue growing by 9% to Rs. 9,996 crores. Our Adjusted Profit Before Tax showed a clear improvement, turning positive at Rs. 18 crores in Q

Rs. 18 crore

to Rs. 9,996 crores. Our Adjusted Profit Before Tax showed a clear improvement, turning positive at Rs. 18 crores in Q4 FY25, up from Rs. 5 crores for same period last year. For the full year, it rose to Rs. 37 c

Rs. 5 crore

Profit Before Tax showed a clear improvement, turning positive at Rs. 18 crores in Q4 FY25, up from Rs. 5 crores for same period last year. For the full year, it rose to Rs. 37 crores from loss of Rs. 10 crores.

Rs. 37 crore

18 crores in Q4 FY25, up from Rs. 5 crores for same period last year. For the full year, it rose to Rs. 37 crores from loss of Rs. 10 crores. R Vaidhyanathan Global CFO Tighter working capital and efficient cas

Rs. 10 crore

om Rs. 5 crores for same period last year. For the full year, it rose to Rs. 37 crores from loss of Rs. 10 crores. R Vaidhyanathan Global CFO Tighter working capital and efficient cash management resulted in Rs

“revenue per contract by ~13% CAGR in FY25 over FY21 in ₹ Cr ISCS India business grew by 11.6% CAGR over the last 4 years, outperforming the India GDP growth”

“revenue per contract by ~33% CAGR in FY25 over FY21 in ₹ Cr ISCS North America business grew by 20.3% CAGR over the last 4 years, outperforming the US GDP growth”

“revenue per contract by ~16% CAGR in FY25 over FY21 in ₹ Cr ISCS Europe business grew by 14.4% CAGR over the last 4 years, outperforming the UK GDP growth”

“Setback in Q3 FY25 performance is a one-off event Industrial Automotive Consumer Rail and Utilities Others 29 GFS Performance Revenue from Operations with Impact due to Pricing World Container Index ($ per 40ft.”

“Container) 3,679 1,074 2,605 3,821 834 2,987 2,169 0 2,169 FY21 FY22 FY23 2,239 2,388 -149 FY24 2,793 195 2,599 FY25 Impact on account of Pricing Revenue (ex.”

“38.8% 20.3% 16.9% 9.7% 7.9% 6.4% FY21 42.0% 23.9% 10.1% 6.3% 12.4% FY25 5.4% Technology Logistics Services Telecom Industrial Financial Services Others ✓ New order wins for FY25 were strong, amounting to 36% of our FY21 revenues, reflecting continued growth momentum and successful customer acquisition.”

“length of relationships: of top 10 customers in FY25 Others 10.48% Healthcare 2.00% Rail and Utilities 7.89% Consumer 12.75% Industrial 29.14% 13.2 13.6 Tech and Tech Infra 12.82% Automotive 24.93% ISCS NS No.”

Outlook

3

PBT Margin

1

RoCE Profile

1

RoCE Profile

> 20% *Profile of Global Peers 22 Our Growth Vision Deep Domain Expertise Global Network Proprietary Technology 23 Region wise segmental historical Overview C O N F I D E N T I A L 24 Outperforming the GDP growth Regionally De-coupled to GDP growth Continued Revenue Momentum Our ISCS business has outperformed the GDP growth in the market we operate and has grown at a CAGR of 14.4% between FY21 & FY25 in ₹ Cr 25 In ₹ Cr ISCS Consolidated ISCS India Revenue ISCS North America Revenue ISCS Europe Revenue Consolidated ISCS Revenue +11.6% 2,042 2,145 2,067 1,617 1,331 474 376 +20.3% 706 796 992 +14.4% 2,348 2,437 1,770 1,874 1,423 3,741 3,204 +14.4% 4,581 5,240 5,497 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Industry Wise Breakup Industry Wise Breakup Industry Wise Breakup Consolidated Industry Wise Breakup 17% 44% 14% 19% 4% 2% FY21 Industrial 17% 46% 11% 18% 5% 4% FY25 Consumer Automotive Rail and Utilities Tech and Tech Infra Othe

Outlook

Strategic portfolio realignment marginally impacted top line, but drives stronger bottom-line margins; FY26 to see strong growth momentum 27 ISCS – North America Business ISCS North America Revenue US GDP & Manufacturing Growth +20.3% 706 796 992 474 376 FY21 FY22 FY23 FY24 FY25 PMI GDP 59.1 58.8 51.9 49.2 50.2 5.8% 1.9% 2.5% 2.7% 1.9% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 10 5 0 60 40 20 0 -20 De-Risking with Diversification Key KPI 11% 78% 10% 0% FY21 56% 40% 4% 0% FY25 Industrial Automotive Consumer Others Top 20 Customers Average length of contracts 4.2 Years in FY25 Addition of new contracts & wallet share addition has enhanced the avg. revenue per contract by ~33% CAGR in FY25 over FY21 in ₹ Cr ISCS North America business grew by 20.3% CAGR over the last 4 years, outperforming the US GDP growth

Outlook

We have witnessed strong and consistent growth in our North America business. With continued momentum, we expect this trajectory to sustain through FY26, further strengthening our global portfolio 28 ISCS – Europe Business ISCS Europe Revenue UK GDP & Manufacturing Growth +14.4% 1,874 2,348 2,437 1,770 1,423 FY21 FY22 FY23 FY24 FY25 PMI GDP 58.9 55.8 50.3 47.9 44.9 8.7% 4.8% 0.4% 1.1% 1.7% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 10 5 0 60 40 20 0 -20 De-Risking with Diversification Key KPI 5% 22% 19% 33% 21% FY21 4% 23% 26% 27% 21% FY25 Top 20 Customers Average length of contracts 7.0 Years in FY25 Addition of new contracts & wallet share addition has enhanced the avg. revenue per contract by ~16% CAGR in FY25 over FY21 in ₹ Cr ISCS Europe business grew by 14.4% CAGR over the last 4 years, outperforming the UK GDP growth

Outlook

Europe has consistently delivered growth every year. Setback in Q3 FY25 performance is a one-off event Industrial Automotive Consumer Rail and Utilities Others 29 GFS Performance Revenue from Operations with Impact due to Pricing World Container Index ($ per 40ft. Container) 3,679 1,074 2,605 3,821 834 2,987 2,169 0 2,169 FY21 FY22 FY23 2,239 2,388 -149 FY24 2,793 195 2,599 FY25 Impact on account of Pricing Revenue (ex. of pricing) 12000 10000 8000 6000 4000 2000 0 Mar-21 Sep-21 Mar-22 Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25 Volumes 95,678 1,07,576 1,07,278 83,504 91,608 20,946 24,707 30,598 26,458 22,709 FY21 FY22 FY23 FY24 FY25 Ocean (In TEU) Air (In Ton) Outlook 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 ✓ The GFS segment continues to be sensitive to broader macroeconomic fluctuations, which may impact pricing and demand dynamics ✓ Targeted cost reduction initiatives have been implemented to these challenges and will continue to be partially offset implemented, helping to preserv