SANDHARNSE7 August 2025

Sandhar Technologies Limited has informed the Exchange about Investor Presentation

Sandhar Technologies Limited

Ref: STL/SE/2025-2026/Regulation 30/32

Dated: 07th August, 2025

To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra-Kurla Complex Mumbai – 400 001

To, Listing Department, National Stock Exchange of India Limited

Bandra, (E), Mumbai – 400 0051

BSE Code: 541163; NSE: SANDHAR

Sub: Intimation to Stock Exchange - Investor Presentation in connection with Un-audited (Standalone & Consolidated) Financial Results for the Quarter ended on the 30th June, 2025

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Un-audited (Standalone & Consolidated) Financial Results for the Quarter ended on the 30th June, 2025.

The above www.sandhargroup.com

information will

also be

available on

the Company’s website

Kindly take the above on your record.

Thanking you,

For Sandhar Technologies Limited

Yashpal Jain (Chief Financial Officer & Company Secretary) M. No. A13981

Encl: As above

Sandhar Technologies Limited

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900

Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800

E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553

Sandhar Technologies Limited

INVESTOR PRESENTATION Q1 FY 2025-26

SAFE HARBOUR

This presentation and the accompanying slides (the “Presentation”), has been prepared by Sandhar Technologies Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks the Indian economy and of the economies of various international and uncertainties include, but are not limited to, the performance of markets, the performance of the auto ancillary industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

Revenue Growth Y-o-Y for Q1

(fig. in ₹ Crs.)

Standalone

India Business

Consolidated

644

674

728

571

795

694

577

913

829

675

967

1,090

13%

20%

15%

22%

23%

10%

19%

Q1, FY23

Q1, FY24

Q1, FY25

Q1, FY26

Q1, FY23

Q1, FY24

Q1, FY25

Q1, FY26

Q1, FY23

Q1, FY24

Q1, FY25

Q1, FY26

Q1, FY’26 Revenue Snapshot – Consolidated – Y-o-Y

Geographical Breakup

Category Wise

Standalone, 66.8%

Q1, FY 26

India – 88.7% Overseas – 11.3%

Standalone 75.0%

FY 24-25

India – 88.4% Overseas – 11.6%

Total Revenue 1,090 Crs.

Indian Subsidiaries, 21.9%

Overseas Subsidiaries, 11.3%

Total Revenue 3,885 Crs.

Indian Subsidiaries 13.4%

Overseas Subsidiaries 11.6%

2W 65.8%

Q1, FY 26

Others 6.1%

CV 1.6%

OHV 11.8%

PV 14.7%

2W 64.0%

FY 24-25

Others 3.1% CV 1.7%

OHV 14.5%

PV 16.7%

Product Wise

Cabins & Fabrication 11.3%

Vision Systems 5.1%

Locking Systems 17.2%

Others 5.6%

Q1, FY'26

Assemblies 9.5%

Sheet Metal 17.5%

ADC Overseas 11.3%

ADC Domestic 22.5%

Vision Systems 5.6%

Cabins & Fabrication 13.6%

Locking Systems 19.6%

Others 6.4%

FY 24-25

Sheet Metal 19.0%

Assemblies 10.9%

ADC Overseas 11.7%

ADC Domestic 13.2%

Q1-FY 26 Financial Snapshot

(fig. in ₹ Crs.)

Consolidated Revenue

19%

EBITDA EBITDA

EBT* EBT

PAT* PAT

13%

-2%

-4%

Standalone

Revenue

EBITDA

EBT*

PAT*

* Reasons for variations given in separate sheet.

Profit & Loss Statement – Consolidated

(fig. in ₹ Crs)

Particulars

Q1 FY 26 Q1 FY 25

YoY (%)

Q4 FY 25 QoQ (%)

FY 2024-25

Revenue from operations Other income Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation Profit before exceptional item, share of loss in joint ventures and tax (EBT) Exceptional item Profit from JV Profit after exceptional item, share of loss in joint ventures before tax EBT % Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)* Cash Earning Per Share (CEPS)*

*Not annualised for quarter

1090.09 19.43 1109.52

686.07 100.11 45.94 175.58 1007.69 101.83 9.34% 15.79 1.41 50.20

912.57 4.69 917.25

551.73 84.29 47.12 143.76 826.91 90.35 9.90% 12.75 1.56 40.75

19.45%

20.96%

24.35% 18.76% -2.51% 22.13% 21.86% 12.70%

23.87% -9.62% 23.19%

1014.08 5.31 1019.40

7.49%

8.84%

631.20 88.34 42.05 148.69 910.28 109.12 10.76% 13.23 1.41 43.92

8.69% 13.33% 9.24% 18.08% 10.70% -6.68%

19.37% -0.34% 14.29%

3884.50 16.53 3901.04

2384.36 347.29 182.04 587.55 3501.25 399.79 10.29% 50.68 5.93 170.60

34.42

35.29

-2.45%

50.55 -31.91%

172.58

0.00 1.89

0.00 1.85

2.24%

2.32 2.68 -29.50%

36.31

37.14

-2.22%

55.55 -34.63%

3.33% 8.30 28.01 2.57% 5.07 33.08 3.03% 79.39 4.65 13.19

4.07% 8.08 29.06 3.18% -0.55 28.51 3.12% 71.79 4.83 11.93

-3.61%

- 16.04%

10.59% -3.61% 10.59%

5.48% 12.94 42.61 -34.26% 4.20% 1.86

44.47 -25.61% 4.39% 88.15

-9.95% 7.08 -34.26% -9.95%

14.65

2.32 9.70

184.59

4.75% 42.95 141.64 3.65% 0.63 142.27 3.66% 318.79 23.53 52.96

Profit & Loss Statement – Standalone

(fig. in ₹ Crs)

Particulars

Q1 FY 26 Q1 FY 25

YoY (%)

Q4 FY 25

QoQ (%)

FY 2024-25

Revenue from operations Other income Total Income Expenses Cost of materials Labour cost Personnel expenses Other expenses Total expenses EBITDA EBITDA % Finance costs Interest on lease liabilities Depreciation Profit before exceptional item and tax (EBT) Exceptional item Profit after exceptional item and before tax EBT % Tax Expenses Net profit Net Profit % Other comprehensive income Total comprehensive income Comprehensive Income % Cash Profit Earnings Per Share (EPS)* Cash Earning Per Share (CEPS)*

*Not annualised for quarter

728.12 8.91 737.03

491.51 60.02 29.85 89.78 671.16 65.86 9.05% 5.32 0.62 25.37 34.56 - 34.56 4.75% 9.16 25.40 3.49% 1.27 26.67 3.66% 50.77 4.22 8.43

674.11 5.15 679.26

454.09 55.18 26.97 81.27 617.52 61.74 9.16% 4.04 0.68 23.14 33.88 0.00 33.88 5.03% 9.21 24.67 3.66% -0.18 24.49 3.63% 47.80 4.10 7.94

8.01%

8.51%

8.24% 8.76% 10.70% 10.47% 8.69% 6.68%

31.46% -8.20% 9.65% 1.99%

1.99%

2.97%

- 8.90%

6.21% 2.93% 6.21%

758.62 6.48 765.11

503.19 57.96 28.58 94.31 684.04 81.07 10.69% 5.26 0.56 25.10 50.14 3.04 53.19 7.01% 10.18 43.01 5.67% -0.14 42.86 5.65% 68.11 7.15 11.32

-4.02%

-3.67%

-2.32% 3.55% 4.45% -4.80% -1.88% -18.75%

1.14% 10.78% 1.05% -31.08%

-35.03%

-40.94%

- -37.79%

-25.46% -40.98% -25.46%

2913.04 23.24 2936.28

1946.35 230.29 107.48 351.71 2635.83 300.45 10.31% 18.01 2.48 96.86 183.10 3.04 186.14 6.39% 46.52 139.63 4.79% -1.15 138.48 4.75% 236.49 23.20 39.29

Analysis of Reasons and Normalized Margins

(fig. in ₹ Crs)

Adjusted Capital Employed

(fig. in ₹ Crs)

Particulars

Consolidated

Standalone

Total Assets Current liabilities Capital Employed Less: New Projects at initial Stage and yet to achieve volumes Adjusted Capital Employed

2,985.58 792.36 2,193.22

405.66 1,787.56

1,861.13 448.59 1,412.54

124.12 1,288.42

Particulars Revenue From Operations Profit as per Financials Exceptional/One time Expenses Overseas Business Foreign Currency Translation Loss (Notional) Commodity price impact due to quarter lag Increase in Power cost in Mexico - One time India Business Business Loss due to lower volumes Total of Exceptional/One time Expenses Loss in new projects that yet to achieve volumes (Total Investment Rs. 405.66 Crs.) Total Impact on the Profit Normalized Profit EBT % Finance Cost Normalized EBIT

Consolidated 1,090.09 34.42

Standalone 728.12 34.56

4.50 2.91 2.03

6.91 16.35

10.65 27.01 61.43 5.64% 17.20 78.63

- - -

6.91 6.91

3.30 10.22 44.78 6.15% 5.94 50.71

Adjusted Capital Employed

1,787.56

1,288.42

Normalized ROCE (Annualized)

17.60%

15.74%

Debt Profile

(fig in ₹ Crs.)

821

862

Standalone

Indian Subsidiaries

Overseas Subsidiaries

Consolidated

625

322

177

126

* 380

* 427

255

186

233

201

Particulars

Rating Agency

Credit Rating

Assigned till

Debt to Equity

Debt Service Coverage Ratio

Debt-to-EBITDA ratio

FY 2023-24

FY 2024-25

YTD Jun'25

CareEdge Ratings

India Ratings & ICRA

A1+ (ST) and AA- (LT) Stable

Oct-24

0.61

1.46

1.78

Mar-26

0.72

1.43

2.05

Mar-26

0.74

1.08

2.12

* Overseas outstanding loan is increased due to foreign currency Translation of Rs. 28 Cr. and conversion of bill discounting facility into loan of Rs. 20 Cr.

Overseas Performance

 Improvement in Financial performance of the overseas business

Financial Performance

(fig in Mn Euro)

Debt Status

(fig in Mn)

Particulars

Revenue from operation

Growth in Revenue % PAT Exceptional / One time Expenses Foreign Exchange Translation Loss (Notional)* Commodity Price impact due to quarter lag Increase in power cost in mexico - one time Normalized Profit Growth in Profit %

* Ron to Euro for Romanian Operations USD to Euro for Mexican Operations

Q1 FY 26 12.66

Q4 FY 25 12.38

0.02 (1.06)

0.46 0.30 0.21 (0.09) 80%

0.04 (0.45)

0.01 - - (0.44) 23%

Q3 FY 25

11.89

(0.05) (0.81)

0.23 - - (0.58) -249%

Q2 FY 25 12.50

(0.05)

(0.12) - - (0.17)

34.27

34.89

30.96

7.43

9.02

5.27

Euro

USD

31st March 2024

31st March 2025

30th jun 2025

Sandhar’s EV Product Profile

EV Product Profile

Design & Manufacture of Motor Controller, Battery Charger and DC-DC Converter for Electric Vehicle OEMs across India.

◆ Customers

Date of Incorporation Project Started First Commercial Sale done

: Jan’ 2022 : April’ 2023 : July’ 2024

◆ Parts Developed

Part Name

Battery Charger 750w)

Pilot Lot MCU (2kW)

Pilot Lot DC-DC (15Amp)

Pilot Lot MCU (250w)

SOP

9th Aug’24 20th Dec’24

Pilot Lot – 20 Qty sent in June 2025 Pilot Lot – 100 Qty sent in June 2025

Pilot Lot MCU (6kW)

Pilot Lot under development

MCU – Motor Controller

DC-DC Converter

◆ Future Products

3 in 1 Motor Controller (MCU+ OBC + PDU)

Battery Charger with DC-DC Convertor + PDU

THANK YOU

Sandhar Technologies Limited Corporate Office: Plot No. 13, Sector 44, Gurugram-122001, Haryana- India CIN: L74999DL1987PLC029553 Website: www.sandhargroup.com Email: investors@sandhar.in (For Retail Investors) Investor.relations@sandhar.in (For Institutional investors)

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