SCODATUBESNSE12 August 2025

Scoda Tubes Limited has informed the Exchange about Investor Presentation

Scoda Tubes Limited

To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra East, Mumbai – 400051 Symbol: “SCODATUBES”

To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 BSE SCRIP Code – “544411”

Date: August 12, 2025

Dear Sir / Madam,

Subject: Investor Presentation on Q1 FY26 Earnings Update for the Unaudited Financial Results of the

Company for the Quarter ended June 30, 2025

With reference to the captioned subject, kindly find enclose Investor Presentation on Q1 FY26 Earnings Update for the Unaudited Financial Results of the Company for the Quarter ended June 30, 2025.

The above information will also be available on the website of the company at www.scodatubes.com

Kindly take the same on record and acknowledge.

For, SCODA TUBES LIMITED

Jagrutkumar Rameshbhai Patel Managing Director DIN: 06785595

Scoda Tubes Limited Survey no : 2442,2443,2446, Ahmedabad-Mehsana Highway, Village : Rajpur-382715. Tal: Kadi, Dist : Mehsana, Gujarat. India Phone : + 91 2764 278 278 | Email : info@scodatubes.com | sales@scodatubes.com Web : www.scodatubes.com THE BRAND YOU CAN TRUST CIN NO.: U28110GJ2008PLC055392

Investor Presentation

Q1 FY26 Earnings Update

Agenda

D T L S E B U T A D O C S

01

Performance Update

02

About Scoda Tubes Limited

03

Sustainable Moats

04

Growth Strategy

05

Industry Overview

06

Select Financial Information

07

Annexure

01

D T L S E B U T A D O C S

Performance Update

Performance snapshot – Q1 FY26

Performance

Revenue from operations

INR 97.4 crores (+6% y-o-y)

EBIDTA1

INR 14.2 crores (-3% y-o-y)

Domestic revenue

INR 65.5 crores (+7% y-o-y)

EBITDA margin

14.6% (vs 15.9% in Q1 FY25)

Export revenue

INR 31.9 crores (+3% y-o-y)

Profit after tax (PAT)

INR 7.1 crores (+48% y-o-y)

Gross profit

INR 28.4 crores (-7% y-o-y)

PAT margin

7.3% (+206 bps y-o-y)

Gross profit margin

29.2% (vs 33.2% in Q1 FY25)

EPS2

INR 1.4 / share (+19% y-o-y)

1. Earnings before interest, taxes, depreciation, and amortization | 2. The company went public in Jun ‘25

4

Revenue split across geographies – Q1 FY26

In INR crores

c i t s e m o D

s t r o p x E

e u n e v e R

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

65.5

31.9

61.0

30.9

91.9

97.4

+ 7 %

+ 3 %

+ 6 %

Performance

Revenue - mix

34%

33%

66%

67%

Q1 FY25

Q1 FY26

Domestic

Exports

5

Key financial highlights – Q1 FY26

Performance

Revenue from operations

EBITDA

+6%

97.4

91.9

14.6

14.2

In INR crores

Profit after tax (PAT)

+48%

7.1

4.8

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

Gross profit margin

EBITDA margin

33.2%

29.2%

15.9%

14.6%

PAT margin

+206 bps

7.3%

5.2%

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

Q1 FY25

Q1 FY26

6

02

D T L S E B U T A D O C S

About Scoda Tubes Limited

Scoda Tubes Limited at a glimpse

Fully integrated manufacturer of SS1 seamless and SS welded products

Particulars

Revenue from operations

These products are further categorised into: SS seamless pipes, SS seamless tubes, SS seamless "U" tubes, SS instrumentation tubes, SS welded tubes and "U" tubes

Supplies to customers engaging in multiple sectors like: Oil & gas, chemicals, fertilisers, power, pharmaceuticals, automotive, and transportation3

Dedicated seamless and welded divisions at its manufacturing facility in Gujarat

Certifications: ISO 9001:2015, ISO 14001:2015 and ISO 45001:20182

Follow internationally recognized standard manufacturing practises, incl. ASTM, ASME and EN standards

Products sold to Europe are certified under PED 2014/68/EU and ADW/AD 2000 - Merkblatt – WO

Additional accreditation: DNV-CP-0252, DNV Marine and Indian Boiler Regulation

Y-o-Y growth

Gross profit

Gross margin

EBITDA

EBITDA margin

PAT

PAT margin

About us

FY22

194.0

32.9

17.0%

10.0

5.2%

1.6

0.8%

FY23

305.1

57%

92.5

FY24

399.9

31%

137.9

In INR crores

FY25

484.9

21%

148.5

30.3%

34.5%

30.6%

34.8

11.4%

10.3

3.4%

58.8

14.7%

18.3

4.6%

78.1

16.1%

31.7

6.5%

3 YEAR CAGR (FY21-FY25)

Revenue from operations: 36%

EBITDA: 98%

PAT: 170%

21,199 sq. mtrs

10,068 MTPA2

1,020 MTPA

20,000 MTPA

18

2

Plot size of manufacturing facility

Seamless production capacity

Welded production capacity

Mother hollow capacity for seamless products

Production lines for seamless products

Production lines for welded products

1. Stainless steel | 2. Metric tonnes per annum | 3. Includes railways

8

A compounding story with significant milestones (1/2)

About us

Incorporated the company

2008

Received vendor approval from BHEL’s1 HEEP2 Haridwar facility for product supply

Received vendor approval from EIL7 for product supply

2012

2014

2010

Commenced exports of our products

2013

2017

• Received vendor approvals from

GNFC3 and IFFCO4 for product supply at their Kandla and Kalol units

• Registered as KRIBHCO’s5 approved

vendor for product supply

• Received HPCL’s6 approval for

product supply

• Started product supplies

to Department of Atomic Energy, GoI8

• Received vendor

approval from BHEL’s Hyderabad facility for product supply

1. Bharat Heavy Electricals Limited | 2. Heavy Electrical Equipment Plant | 3. Gujarat Narmada Valley Fertilizers and Chemicals Limited | 4. Indian Farmers Fertilizer Cooperative Limited | 5. Krishak Bharati Cooperative Limited | 6. Hindustan Petroleum Corporation Limited | 7. Engineers India Limited | 8. Government of India

9

A compounding story with significant milestones (2/2)

About us

• Started supplying products to NTPC3, Bilaspur • Started supplying products to key entities under Indian Railways:

Modern Coach Factory & Chittaranjan Locomotive Works

• Received certificate for implementing QMS4 in accordance with

ISO 9001:2015

• Received certificate for implementing EMS5 in accordance with

ISO 14001:2015

• Received certificate for implementing OHSMS6 in accordance

with ISO 45001:2018

2023

Trademarked ‘Scoda Tubes Limited’ to build brand equity and protect IP2

2019

• Listed on NSE &

BSE

• Raised INR 220 crores through public issue

2025

2018

2022

2024

• Started product supplies to Triveni

• Started supplying products to

Turbine

• Received BEML’s1 approval for

product supply

• Received vendor approval from

BHEL’s Bhopal and Jhansi facility for product supply

Laxmi Organics

• Started product supplies to key entities under Indian Railways: Banaras Locomotive Works, Rail Coach Factory, Western Railway and Central Railway

• Started supplying products to key entities under Indian Railways: Eastern and Northeastern Railways

• Achieved production

capacity of 11,088 MT/year

1. Bharat Earth Movers Limited | 2. Intellectual property | 3. National Thermal Power Corporation | 4. Quality management system | 5. Environmental management system | 6. Occupational health and safety management system

10

03

D T L S E B U T A D O C S

Sustainable Moats

Sustainable moats

Moats

04 Extensive and effective quality control

03 Strategic location of facility and fully integrated production

05 International accreditations and product approvals

02 Customer diversification and international presence

01 Specialized production of SS1 tubes and pipes

06 Experienced and qualified team

07 Consistent financial performance

1. Stainless steel

12

Specialized production of SS tubes and pipes

Moats

SS1 seamless pipes

SS seamless tubes

SS seamless “U” tubes

SS instrumentation tubes

SS welded tubes / “U” tubes

OD: 1/8” NB to 6” NB

THK: Sch10s to Sch80s

Length: Single random length and double random length

OD: 6.00mm to 101.6mm

THK: 0.70mm to 6.00mm

OD: 6.00mm to 50.80mm

THK: 0.70mm to 4.00mm

OD: 6.00mm to 50.80mm

THK: 0.80mm to 6.00mm

OD: 6.00mm to 60.30mm

THK: 0.80mm to 4.00mm

Length: Up to 22 Mtr

Length: Up to 22 Mtr

Length: Up to 18.000 Mtr

Length: Up to 18.000 Mtr

Application:

Application:

Application:

Application:

Application:

By industries having high pressure application

In heat exchangers, Air fin Coolers, Condensers, LP/HP heaters & boilers

In heat exchangers, Air fin Coolers, Condensers, LP/HP heaters & boilers

By industries having high pressure application

By industries having low pressure application

Razor sharp focus in SS segment has enabled Scoda Tubes to:

Build an expertise around production process, inventory management and sale of products Accurately assess and respond to customer preferences in terms of length, thickness, and grades Attract and retain customers with specialised and high-quality SS pipes and tubes requirements

1. Stainless steel

13

International accreditations and product approvals

Moats

AD WO

ISO 45001-2018

ISO 9001-2015

ISO14001-2015

PED

Norsok M650

DNV

IBR

BIS

EIL

Currently applied for Bureau Veritas Marine (France) and Rina Marine (Italy) standards Company’s capabilities and accreditations have enabled Scoda Tubes to cater to 349 clients globally till date

14

Customer diversification and international presence

Moats

Strong presence in 32 countries1

Catering to clients across multiple sectors

67%

5%

INR 97.4 crores

27%

India

Europe

Americas

Revenue split across geographies1

Oil & gas

Chemicals

Fertilizers

Power

Domestic

67.2%

Pharmaceuticals

Automotive

Transportation2

Exports

32.8%

Greater diversification has hedged Scoda from sector/geography specific risks

1. Based on Q1 FY26 nos. | 2. Includes railways | Note: Nos. might not add up due to rounding off

15

Extensive and effective quality control

Moats

Dedicated quality control division comprising of a team of 14 personnel capable of all mandatory tests and supplementary tests

Follow high quality standards across all the manufacturing stages, from raw material to cold rolling, until the final tubular product is ready to dispatch

MANDATORY TESTS

SUPPLEMENTARY TESTS

PMI

Chemical test

EDDY current test

Dye penetrant test

Hydrostatic test

Micro test

Ultrasonic test

Impact test

Tensile test

Hardness test

IGC practice “A”, “C” & “E”

Boroscopic examination

Mechanical test

Air under water test

16

Strategic location of facility and fully integrated production

Moats

Strategically located

Land available for future expansion

Sustainable production

On Ahmedabad-Mehsana highway, 360 kms from Mundra port and 23 kms from Inland Container Depot

Available land parcel of 74,699 sq. mts., with only 21,199 sq. mts. currently developed for manufacturing

15,957 sq. mts. reserved for seamless products and 30,064 sq. mts. reserved for welded products

Installed solar panels on our rooftops, generating 1 MW of clean energy to support manufacturing process

Continuously increasing efficiency through backward integration

1. Metric tonnes per annum

Hot piercing mill to produce mother hollow with a production capacity of 20,000 MTPA1

Focus on further adding production capacity by leveraging our strong execution capabilities in a capital efficient manner

17

Experienced and qualified team (1/2)

Moats

Samarth B Patel

Jagrut R Patel

Saurabh A Patel

Ravi R Patel

Vipul A Patel

Chairman & ED1

10+ years of Experience

Bachelor of Science

He oversees export sales and marketing in our Company

Managing Director

Non-Executive Director

Chief Financial Officer

President

10+ years of Experience

Bachelor’s degree in Computer Engineering

Oversees domestic sales and marketing in our Company

10+ years of Experience

Bachelor's degree in Commerce

Oversees project development processes in our Company

10+ years of Experience

Bachelor's degree in IT Engineering

Responsible for accounts, payments and banking operations in the company

10+ years of Experience

Bachelor's degree in Computer Science Engineering

Before joining the company, he was associated with Maxim Tubes Company Pvt. Ltd. as planning and production executive

Piyush Shah (CA)

Independent Director

Vipul Patel

Independent Director

Neha Soni (CS & LLB)

Independent Director

1. Executive Director

18

Experienced and qualified team (2/2)

Moats

Chirag Patel

Hardik Sanghvi

Dhaval Mistri

Vinod Patel

Dharmendra Patel

Export & Marketing Manager

Export & Marketing Manager

Domestic Sales & Marketing Manager

13+ years of Experience

10+ years of Experience

13+ years of Experience

Masters in Business Administration

Sales strategies & client relationship management for Europe

Masters in Business Administration

Sales strategies & client relationship management for USA & Middle East

Btech & MBA

Strategic planning & marketing along with customer relationships

Production Manager

19+ years of Experience

Diploma in Mechanical Engineering

Seamless manufacturing, quality control & standards, production targets

Quality Control Manager

12+ years of Experience

Diploma in Mechanical Engineering

Quality control & processes and ensuring accurate product standards

19

Consistent financial performance (1/2)

Moats

In INR crores

Revenue from operations

EBITDA

Profit after tax (PAT)

484.9

CAGR: 36%

399.9

305.1

194.0

CAGR: 98%

58.8

34.8

10.0

78.1

CAGR: 170%

31.7

18.3

10.3

1.6

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

Gross profit margin

EBITDA margin

PAT margin

34.5%

30.3%

30.6%

14.7%

16.1%

17.0%

11.4%

5.2%

6.5%

4.6%

3.4%

0.8%

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

20

Consistent financial performance (2/2)

Moats

Return on equity (RoE)

Net debt/equity

Inventory days

28.8%

22.8%

21.1%

4.7%

3.1

2.8

2.8

171

156

163

142

1.1

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

Return on capital employed (RoCE)

Debtor days

Cash conversion cycle

15.9%

16.6%

12.6%

66

62

82

76

151

162

164

189

5.8%

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

FY22

FY23

FY24

FY25

21

Historic income statement

INR crores unless otherwise mentioned

Particulars

Revenue from operations

Cost of materials consumed (incl. changes in WIP and finished goods)

Gross profit

Gross profit margin

Employee benefit expenses

Other expenses

EBITDA

EBITDA margin

Other income

Depreciation & amortization expenses

Finance costs

Profit before tax

Tax expenses

Profit after tax

PAT margin

EPS (INR)

Moats

FY22

194.0

161.1

32.9

FY23

305.1

212.6

92.5

FY24

FY25

3-year CAGR

399.9

484.9

36%

262.0

336.4

137.9

148.5

65%

17.0%

30.3%

34.5%

30.6%

2.9

20.1

10.0

5.2%

1.0

1.5

7.2

2.3

0.7

1.6

0.8%

0.7

5.5

52.3

34.8

11.4%

2.7

11.5

11.6

14.4

4.0

10.3

3.4%

2.6

7.4

71.7

58.8

8.1

62.4

78.1

14.7%

16.1%

2.6

16.4

19.1

25.9

7.6

18.3

4.6%

4.6

4.0

18.1

22.0

41.9

10.2

31.7

6.5%

7.6

98%

163%

170%

121%

22

Historic balance sheet

INR crores unless otherwise mentioned

Assets

Fixed assets

Other non-current assets

Inventories

Trade Receivables

Cash and bank balances

Other current assets

Total

Equity and Liabilities

Equity capital and reserves

Borrowings

Trade payables

Other non-current liabilities

Other current liabilities

Total

Moats

FY22

45.2

10.5

62.6

35.3

0.7

1.8

156.1

34.9

109.9

8.7

0.7

1.9

FY23

FY24

62.1

12.2

99.5

51.6

10.4

2.5

81.6

22.8

111.9

89.3

22.4

2.4

FY25

103.5

34.2

149.8

101.0

44.0

13.8

238.3

330.4

446.3

45.3

139.3

47.5

0.8

5.4

63.6

202.7

53.9

1.3

8.9

150.4

210.2

68.5

0.9

16.4

156.1

238.3

330.4

446.3

23

Historic cashflow statement

Moats

INR crores unless otherwise mentioned

Particulars

FY22

FY23

FY24

FY25

Net profit before tax

Adjustments for: Non-cash items and other investment/financial items

Operating profit before working capital changes

Changes in working capital

Direct taxes paid (net of refund)

Cashflow from operations

Cashflow from investing activities

Cashflow from financing activities

Change in cash and cash equivalents

Cash and cash equivalents at the beginning of the period

Cash and cash equivalents at the end of the period

2.3

8.7

11.1

-57.0

-0.9

-46.9

-33.4

80.2

-0.1

0.4

0.3

14.4

22.8

37.2

-15.0

-1.9

20.3

-38.5

17.9

-0.2

0.3

0.1

25.9

34.2

60.1

-54.5

-3.4

2.2

-46.6

44.3

-0.1

0.1

0.0

41.9

37.6

79.5

-54.6

-6.5

18.4

-43.9

40.6

15.1

-

15.1

24

04

D T L S E B U T A D O C S

Key Strategies

Key strategies

Strategies

Increase our existing production capacity

Geographic expansion of customer base

Strengthen our brand value

26

Increase our existing production capacity

Strategies

Seamless production capacity (MTPA1)

Capacity comparison

11x capacity expansion

0 0 8 , 1

+10,000

8 6 0 0 1

,

Product capacity

Existing capacity

Post expansion capacity

Seamless

10,068 MTPA

20,068 MTPA

Welded

1,020 MTPA

13,150 MTPA

Inception FY18

FY20

FY22

FY25

FY26

Mother hollow

20,000 MTPA

Benefits of large-scale production

Focus on high value-added products

Capitalize on backward integration

Leveraging existing customer-base

Targeting end-users

1. Metric tonnes per annum

27

Geographic expansion of customer base

Strategies

Curated a strategic plan by leveraging extensive network of distributors, robust back-end, sound track-record, key product approvals & registrations, wide product portfolio and domain expertise

Export revenue country split (Q1 FY26)

Germany

Netherlands

Italy

(INR crores)

9.2

6.4

5.9

United States

5.1

Spain

3.7

Others*

1.6

Revenue from exports

129.1

94.1

30.8%

83.2

20.8%

32.8%

26.6%

31.9

FY23

FY24

FY25 Q1 FY26

Export revenue (in INR crores)

% of the total revenue from operations

28

Exported to 32 countries in Q1 FY26

Exporting countries

Headquarter-India

Exclusive Distributor-USA

Future Expansion-Middle East, Kuwait, United Arab Emirates.

* includes Estonia, UK, Denmark, UAE, Romania, Czech Republic, Brazil, Sweden, Australia, Saudi Arabia, Poland, Qatar

Strengthen our brand value

Strategies

Participation in key exhibitions and expos

Chemtech – Mumbai

GSSE – Mumbai

Stainless Steel World - Maastricht, Netherlands

Tube & Wire - Dusseldorf, Germany

Heat Exchanger World - Rotterdam, Netherlands

Heat Exchanger World - Houston, Texas, USA

Stainless Show, Brno, Czech Republic

Trademarked “Scoda Tubes Limited” to build brand equity, increase market recognition, and protect IP 20 personnel in quality check and customer servicing team to further improve brand positioning and brand recall value, supporting overall growth strategy

29

05

D T L S E B U T A D O C S

Industry Overview

Global demand contribution

Overview

Stainless steel tubes and pipes – Global demand split

CY 2023

15-17%

23-26%

6-8%

6-8%

11-13%

18-21%

14-16%

Oil and gas

Process industries

ART

ABC

Water treatment

Pharmaceuticals

Others

CY 2028E1

15-17%

5-7%

6-8%

10-12%

14-16%

24-27%

19-22%

Global demand of SS tubes and pipes (in mn tonnes)

3.7

2.7

2.7

3

3

3.1

CY19

CY20

CY21

CY22

CY23

CY28E

Oil & gas and process industries continue to dominate global demand for SS pipes and tubes

ART2 and ABC3 industries are accelerating SS pipes and tubes consumption due to their high corrosion resistance, strength to weigh ratio and wide range of applications

Demand for SS pipes and tubes grew at a CAGR of ~3% from CY19-CY23 and is expected to grow at a CAGR of 3-4% between CY23-CY28

1. Estimates 2. Automobile, railways, and transportation 3. Architecture, building and construction

31

Stainless steel tubes and pipes – India outlook

Overview

Strong growth in end-user industries like building and construction, automobile, oil and gas, manufacturing and food and beverage will drive the demand of SS pipes and tubes

Stainless steel tubes and pipes demand (in 000’ tonnes)

450

Policy protection through imposition of anti-dumping duties on Chinese imports will provide further fillip to local producers

Indian exports of SS pipes and tubes continue to grow as domestic players compete at global prices, supported by efficiencies in their manufacturing process

Mirroring global end-user industries, India’s demand for SS pipes and tubes is driven by:

Process industry

28-32% of demand

Oil & gas

22-25% of demand

ART1

ABC2

20-23% of demand

18-21% of demand

CAGR: 6-8% (FY24-29)

CAGR: 6-8% (FY24-29)

CAGR: 8-10% (FY24-29)

CAGR: 6-8% (FY24-29)

226

208

263

300

322

FY20 FY21

FY22 FY23 FY24

FY29E

Import to India (in 000’ tonnes)

90

FY20

41

FY20

Export from India (in 000’ tonnes)

56

FY24

64

FY24

1. Automobile, railways, and transportation 2. Architecture, building and construction

32

06

D T L S E B U T A D O C S

Select Financial Information

Income statement

INR crores unless otherwise mentioned

Finance

Particulars

Q1 FY25

Q1 FY26

YoY change

Revenue from operations

Cost of materials consumed (incl. changes in WIP and finished goods)

Gross profit

Gross profit margin

Employee benefit expenses

Other expenses

EBITDA

EBITDA margin

Other income

Depreciation & amortization expenses

Finance costs

Profit before tax

Tax expenses

Profit after tax

PAT margin

EPS (INR)

91.9

61.3

30.5

97.4

69.0

28.4

6%

13%

-7%

33.2%

29.2%

-408 bps

2.0

13.9

14.6

2.4

11.8

14.2

21%

-15%

-3%

15.9%

14.6%

-137 bps

0.2

4.4

4.0

6.4

1.6

4.8

5.2%

1.21

1.8

1.6

5.1

9.3

2.2

7.1

7.3%

1.44

763%

-64%

28%

44%

33%

48%

206 bps

19%

34

07

D T L S E B U T A D O C S

Annexure

Process flow

Annexure

SS Round bars

Raw material

SS Coils

Inspection

Welded

Roll forming and TIG welding

Solution annealing

Straightening

Cutting

Deburring

Final pickling

Passivation

Hydrotesting

Inspection

Marking

Packing

“U” bending

“U” bending by cold process

Stress relieving at bend portion

Cutting and deburring

Cleaning

Hydrotesting

Inspection and marking

Packing

1

1

1 1

1

1

1

1

1

Seamless

Peeling process

Hot piercing process

Bright annealing

Hot finish pipe annealing

Straightening

Cutting

Deburring

Hydrotesting

Inspection

Marking

Packing

Coating & pickling process

Cold drawing & pilgering

Solution annealing

Straightening

Cutting

Deburring

Final pickling

VDI

Passivation

Marking

Packing

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

36

Safe harbor statement

This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities ("Securities") of Scoda Tubes Limited (“Scoda" or the "Company") in India or any other jurisdiction. This presentation should not, nor should anything contained in it, form the basis of, or be relied upon in any connection with any contract or commitment whatsoever. The information contained in this presentation is strictly confidential and is intended solely for your reference and shall not be reproduced (in whole or in part), retransmitted, summarized or distributed to any other persons without Company's prior written consent. The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify you or any person of such revision or changes. This presentation may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements are based on certain assumptions and expectations of future events. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements assumptions and assumptions and risks, uncertainties and assumptions. Although Company believes that such forward-looking statements are based on reasonable assumptions, it can give no assurance that your expectations will be met. Representative examples of factors that could affect the accuracy of forward-looking statements include (without limitation) the condition of and changes in India's political and economic status, government policies, applicable laws, the steel and pipes sector in India, international and domestic events having a bearing on Company's business, particularly assumptions and the regulatory changes that are applicable to our sector in India, and such other factors beyond our control. You are cautioned not to place undue reliance on these forward-looking statements, which are based on knowledge, experience and current view of Company's management based on relevant facts and circumstances. The data herein with respect to Scoda is based on several assumptions and is subject to several known and unknown risks, which may cause Scoda’s actual results or performance to differ materially from any projected future results or performance expressed or implied by such statements. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside Company's control. Past performance is not a reliable indication of future performance. This presentation has been prepared by the Company. No representation, warranty, expressor implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of Company or any of its directors, officers, employees, agents or advisers, or any of their respective affiliates, advisers or representatives, undertake to update or revise any forward-looking statements, whether and you new information, future events or otherwise and none of them shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. Further, nothing in this presentation should be construed as constituting legal, business, tax or financial advice or a recommendation regarding the securities. Before acting on any information you should consider the appropriateness of the information having regard to these matters, and you should seek independent financial advice.

For any further information/queries, please contact:

Company

Investor relations consultant

Scoda Tubes Limited

Capital Bridge Advisory Service Pvt. Ltd

Mr. Ravi Patel

Chief Financial Officer

cs@scodatubes.com

Mr. Rutul Shah

Mr. Raj Shah, CFA

rutul@capbridge.in

raj@capbridge.in

+91 82002 43766

+91 99259 11296

Scan to view state of the art production facility for stainless steel pipes,

tubes and U-Tubes by Scoda Tubes Limited

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