Maithan Alloys Limited

rs,

porate Relationship Department BSE Limited 1't Floor, New Trading Ring, Rotunda Building, P.J. Towers,Dalal Street, Fort, Mumbai 400 001 Script Code: 590078 Works : Unit-l . P. O. Kalyaneshwan - 713 36

20.1%

ning Sustainable Margins ₹ Crs Revenues Demand of our product continues to be robust EBITDA % 20.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1

16.6%

le Margins ₹ Crs Revenues Demand of our product continues to be robust EBITDA % 20.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1% FY16 FY17^

15%

continues to be robust EBITDA % 20.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1% FY16 FY17^ FY18 9MFY19 Performance improved on the ba

17%

tinues to be robust EBITDA % 20.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1% FY16 FY17^ FY18 9MFY19 Performance improved on the back o

16.3%

s to be robust EBITDA % 20.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1% FY16 FY17^ FY18 9MFY19 Performance improved on the back of effic

11.1%

0.1% 1,879 16.6% Long-term sustainable EBITDA margin range 15%-17% 16.3% 1,342 1,151 1,439 11.1% FY16 FY17^ FY18 9MFY19 Performance improved on the back of efficient cost measures and bet

Rs. 50.7 crore

inue to Outperform Industry trends Revenue are net of GST/Excise duty ^ Excludes Power Subsidy of Rs. 50.7 crores 3 Strengthening Balance Sheet ₹ Crs Total Debt Cash & Cash Equivalents Financial Flexibility

22.5%

• Announced Greenfield project in West Bengal • Working on other expansion plans 4 Sep-18 22.5% 309 65 27.5% 446 104 52.4% 512 251 69.7% 525 361 70.4% 421 297 FY15 FY16 FY17 FY18

27.5%

Greenfield project in West Bengal • Working on other expansion plans 4 Sep-18 22.5% 309 65 27.5% 446 104 52.4% 512 251 69.7% 525 361 70.4% 421 297 FY15 FY16 FY17 FY18 9MFY19@ EBIT

52.4%

t in West Bengal • Working on other expansion plans 4 Sep-18 22.5% 309 65 27.5% 446 104 52.4% 512 251 69.7% 525 361 70.4% 421 297 FY15 FY16 FY17 FY18 9MFY19@ EBIT Capital Employed

69.7%

• Working on other expansion plans 4 Sep-18 22.5% 309 65 27.5% 446 104 52.4% 512 251 69.7% 525 361 70.4% 421 297 FY15 FY16 FY17 FY18 9MFY19@ EBIT Capital Employed Higher Return R

“CARE AA CRISIL AA- CARE/CRISIL A1+ 7 Visible in Financial Performance “A Culture of Outperformance” CAGR from FY2012 to FY2018 Increase in Stake Holder Return’s ▪ ROCE Increased by + 3,290 bps ▪ ROE Increased by + 2,390 bps Revenue increased by +21% CAGR EBIDTA increased by +34% CAGR PAT increased by +37% CAGR Net Cash position of Rs.”

“from IIM Bangalore • At age of 40 years is the Whole Time Director and CEO and strengthens the operational activities of the Company • 30 years of rich experience in Ferro Alloys industry • • Has a strong understanding of business processes and excellent communication and people management skills Focuses on project setup, corporate planning and business development, human resource development, planning & budgeting and related functions • A M.B.A.”

“Our promise to our stakeholders is a hard-ironed commitment and we aim to exhibit this value in everything that we do.”

Smelters

3

Raw Material

3

Credit Rating

1

Investor Relations Advisors

1

Credit Rating

CARE AA CRISIL AA- CARE/CRISIL A1+ 7 Visible in Financial Performance “A Culture of Outperformance” CAGR from FY2012 to FY2018 Increase in Stake Holder Return’s ▪ ROCE Increased by + 3,290 bps ▪ ROE Increased by + 2,390 bps Revenue increased by +21% CAGR EBIDTA increased by +34% CAGR PAT increased by +37% CAGR Net Cash position of Rs. 575 Crores as on September 2018 8 Product Offerings Ferro alloys enhance steel strength, durability, anti-corrosion and anti-stain properties and acts as de-oxidant for Steel Manufacturing Ferro Manganese - An alloy of iron and manganese • Used in steel products wherein to be silicon content needs controlled at low levels • Used in flat steel, manganese-rich steel stainless and steel manufacturing Silicon Manganese- An alloy of silicon and manganese • Cost-effective blend silicon and manganese of • Consumed all steel in products. Used in higher series quantities stainless steel, alloy steel and manganese steel in 200 Ferro Silicon - An alloy of iron and s

Raw Material

Manganese Ore, Coke, Coal Sourcing: Imports 90%,Domestic 10% User Industry: Steel Visakhapatnam (SEZ) 72.0 MVA

Smelters

• 2 x 5.0 MVA • 1 x 6.5 MVA • 1 x 8.25 MVA • 2 x 12.0 MVA Products: Ferro Manganese/ Silicon Manganese

Raw Material

Quartz, Coke, Coal 16.5 MVA Sourcing: Domestic 100% User Industry: Steel Byrnihat • • Kalyaneshwari and Byrnihat source Coke & Coal from Domestic Market, because it is logistically feasible Vishakhapatam and Kalyaneshwari imports Manganese Ore. Advantage of importing are ✓ Quality Product ✓ Variety of Grades Leading to better Product Mix ✓ Logistic Advantage 11 Self-Sustaining Business Model Input of sized and graded Raw Material Feed in day bins through conveyors Automated Batch preparation and Charge into Furnace Reaction in furnace and discharge of molten metal Discharge of Slag Pouring in cast iron and cooling of ingots Sizing, Grading and Packing Inspection and Dispatch We have an ability to generate a Larger Throughput from our manufacturing facilities Ferro Manganese Slag Silico Manganese Slag Land Filling 12 Strong Client Relationships Shift of focus from ‘Stable’ Europe to ‘Growing’ Asia helping in better realizations ~100% of Domestic clients are associated with the Company f

Investor Relations Advisors

Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Ms. Neha Shroff/ Mr. Deven Dhruva neha.shroff@sgapl.net / deven.dhruva@sgapl.net +91-7738073466 / +91-9833373300 www.maithanalloys.com www.sgapl.net 29