RattanIndia Enterprises Limited has informed the Exchange about Investor presentation.
November 11, 2025
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code- 534597
Bandra (East),
Mumbai-400 051
RTNINDIA
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex
Sub: Investors Presentation
Dear Sir/Ma’am,
Please find attached herewith a copy of the Investors Presentation.
Please take the same on your records.
Thanking you,
Yours faithfully, For RattanIndia Enterprises Limited
Rajesh Arora Company Secretary
Encl : as above
RattanIndia Enterprises Limited CIN: L74110DL2010PLC210263 Registered Office: H. No. 51, Village Hauz Khas, Delhi – 110016 Website: www.rattanindia.com, E-mail: rel@rattanindia.com
Investor Presentation
Nov 11, 2025
Disclaimer
This document contains certain forward-looking statements based on current expectations of RattanIndia Enterprises (REL) management. Actual results may vary significantly from the forward- looking statements in this document due to various risks and uncertainties.
These risks and uncertainties include the effect of economic and political conditions in India, and outside India, volatility in interest rates and in securities markets, new regulations and government policies that might impact the business of RattanIndia Enterprises, the general state of the Indian economy and the management’s ability to implement the company’s strategy. RattanIndia Enterprises doesn’t undertake any obligation to update these forward-looking statements.
This document does not constitute an offer or recommendation to buy or sell any securities of RattanIndia Enterprises or any of its subsidiaries or associate companies. This document also doesn’t constitute an offer or recommendation to buy or sell any financial products offered by RattanIndia Enterprises.
2
RattanIndia is a Fortune 500 Company
Moving up 25 spots to grab the 363rd place !!
3
Key Quarterly & H1 Highlights
❖ H1 FY26 Revenue from Operations*: Rs. 3,827 Cr vs Rs. 3,276 Cr H1 PY (Increase of 17%); Q2 FY26* : Rs. 2,124 Cr vs Rs 1,801 Cr Q2 PY (Increase of 18%) ❖ H1 FY26 PAT : Rs. 106 Cr; Q2 FY26 Loss of Rs. 397 Cr primarily driven by unrealized notional loss of Rs. 458 Cr (on MTM movement in investment on RPL )
❖ Q2 FY26 Revenue from Ops : Rs. 2,072 Cr vs Rs. 1,764 Cr in Q2 FY25 ( 17% growth )
❖ +50% YoY growth in units sold in H1 FY26 (6,071 units) over last year H1
❖ H1 FY26 Revenue from Ops : Rs.3,735 Cr vs Rs 3,204 Cr in H1 FY25 ( 17% growth )
❖ Global geographies picking up with decent number of units exported to Sri Lanka & Nepal
❖ ~3.7 Cr orders served in Q2 FY26 (~4.4 orders per second), ~38 Cr orders till date
❖ GST 2.0 impact (rates reduced on Apparel, Shoes, Books , Musical Instruments)
❖ Number of dealer stores rose to 217, up from 154 in Q2 FY25, establishing a vast pan-India
network across 194 cities and 24 states & UTs
❖ Revolt attracts top auto sector talent with Mr. Roy Kurian joining as President and Mr. Raghav
❖ Served more than 20,000 pin codes & 359 fulfilment centers across the country
Rao joining as Chief business officer
❖ 1,500+ active vendors in Q2 FY26 (Q2 FY25 : 1100+ vendors)
❖ Consistently achieved 4.7-star rating on Amazon platform
❖ ~85 lakhs unique items offered.
❖ Our House of Gen Z brands grew by more than 31 % from Q2 last year
❖ Kaari (Ethnic Premium Wear), brand store @ amazon.in/kaari
❖ Kalaanj (Ethnic Economy Wear), brand store @amazon.in/kalaanj
❖ Akkord (Musical Instruments) , brand store @ amazon.in/akkord
❖ Neomate (Stationery), brand store @ amazon.in/neomate
❖ Fyltr (Western Clothing), brand store @ amazon.in/fyltr
❖ GST 2.0 impact with rates reduction and easing working capital ( rates reduced for auto
components & simplified refund procedure under inverted duty structure )
❖ NeoSky successfully delivered 60 Tavas AI drones to the Karnataka police & the state police
went through a class room & flying hands-on training on Tavas
❖ Indian Defence forces aggressively looking to source drones and Neosky also participating in
many RFQ’s
❖ GST 2.0 impact, GST on all kind of drones reduced to 5% from 18% earlier
❖ NeoSky is a leading player in Drones manufacturing partnering with armed, paramilitary &
❖ Inkd (denim), brand store @ amazon.in/inkd
defense forces, forestry, and premier institutes
❖ Pump’d (athleisure), brand store @ amazon.in/pumpd
❖ Revolt (merchandise), brand store @ amazon.in/revolt
❖ NeoSky is leading specialized drone training for agricultural universities in Karnataka through
government –awarded skilling initiatives
* excluding unrealized notional gain (on MTM movement on Investment in shares of RattanIndia Power Ltd)
4
Digital ecosystems will be key drivers in India’s aspirations to be $5 trillion economy
Enablers of India’s digital economy
1.4 billion
86%
2.2 billion
1 billion
People onboarded on Aadhaar stack
Estimated Smartphone Penetration
Bank Accounts
Aspiring Indians
Aadhaar has evolved into a world-class digital service delivery platform
Majority of the population will have a smartphone by 2028
Led by largest financial inclusion scheme in the world
Large population in income range of Rs. 2.5 – 14 lac per annum
REL will capitalize on businesses with cutting edge technologies which have the potential to transform the lives of billion plus Indians
Note: 1. https://www.ibef.org/industry/banking-presentation 2. https://www.ibef.org/news/india-likely-to-have-900-million-active-internet-users-by-2025-report 3. Care Industry Report
5
Our business interests
REL_Entp
Invested in the future
E-commerce 100% subsidiary
Electric Vehicles 100% shareholding
Drones 100% subsidiary
A picture containing dark, lit, night, night sky
Description automatically generated
REL_Power
Residual equity holding - RattanIndia Power 19.81% shareholding
6
Our governance
50% of Board is independent
Statutorily audited by Walker Chandiok & Co LLP (GT)
Governance committees headed by Independent Directors
Audit, Nomination and Remuneration, Corporate Social Responsibility (CSR) Stakeholders’ Relationship
Robust regulatory compliance
Guided by qualified and competent Advisory Board
7
Our philosophy on business
⚫ New Age businesses
⚫ ESG compliant
⚫ Direct to consumer engagement
⚫ Staying away from debt-heavy businesses
⚫ Low capex
⚫ Clean tech focus
⚫ Rapid scalability
⚫ Aiming to be amongst the leaders
REL is a family of strategic growth platforms
8
Advisory Board of eminent professionals
Mr. Arun Duggal
Chairman of ICRA (A Subsidiary of Moody's USA) and ex-Chief Executive Officer of Bank of America – India
)
Mr. Yashish Dahiya
Co-founder and Group CEO of Policybazaar
Mr. Ranu Vohra
Co-founder and Executive Vice Chairman, Avendus Capital
Mrs. Anjali Rattan Nashier
Co-founder & Co- Chairperson, RattanIndia Enterprises
Mr. Rajiv Rattan
Co-founder & Chairman, RattanIndia Enterprises
Advisory board entrusted with:
⚫ Building investment strategy ⚫ Reviewing investment proposals ⚫ Monitoring performance of investee companies and subsidiaries ⚫ Assisting the management with external relationships
9
A highly experienced management team
Mr. Mouli Venkataraman
Mr. Ashok Kumar Sharma
CEO- Ecommerce
• Alumnus of prestigious IIT Madras and IIM Lucknow
• Previously
Category Leader at a leading retail house
• Vast experience in retail companies like Cloudtail India, Arvind Lifestyle Brands, Nokia and Asian Paints
Chief Financial Officer
• Rich experience of more than 30 years in Finance, Operations & Compliance in diverse verticals like Financials, Tax, Due- Diligences, FDI, SEBI, RBI Compliances, and many more.
• Has been associated with
the group for more than 23 years
10
Mr. Rajesh Arora
Company Secretary
• A qualified Company
Secretary as well as Law Graduate from University of Delhi, Mr. Arora brings over 28 years of Secretarial and Legal experience across different industries
• Previously associated with large conglomerates such as Brittania Industries, M&M ltd etc
Mr. Davinder Dogra
Head – Investor Relations
• Over 25 years of
experience in sectors like FMCG, Telecom & Retail Sector with expertise in partnering with business to achieve corporate goals
• Previously worked in
renowned organisations like DLF, Future Group, Airtel, PepsiCo and Pernod Ricard
GST 2.0 poised to further provide tailwinds across our new-age business portfolios
GST Rate Cut - Apparel & Footwear priced up to ₹2,500 now to attracts 5% GST Instead of 12%. Musical instruments now attract 5% GST instead of 12% & 18%. Books now exempts from GST to make education more affordable. Logistics Costs reduced from 12% to 5%. GST on packaging materials cut to 5%.
(multimodal)
- Freight
taxes
GST Rate Cut - Auto components GST on major auto components has been rationalized from 28% to 18%, enhancing affordability, strengthening supply chains, and simplifying compliance across the EV ecosystem.
GST Rate Cut - Drones A uniform 5% GST rate has been fixed for all (commercial, personal use, camera- drones equipped) . A 13% reduction from 18% earlier .
Further, certain items in the drone ecosystem (e.g., flight simulators, motion simulators) have been exempted training and supporting infrastructure.
to promote
from GST
GST Refund - Additionally, the provision of 90% provisional inverted duty structure will further strengthen industry liquidity.
refunds under
the
11
Businesses of the future Smarter take on opportunities
12
12
13
Universe of possibilities: E-commerce platform
Partnering vendors in their growth
Helping MSME’s go online
Seller on Amazon.in
Other online marketplaces
Private Brands
Licensing of brands
Capitalizing on full potential of e-commerce universe through multi-faceted foray Drivers of growth: a) Robust IT infrastructure, b) Strong physical setup, c) 1100+ brands
14
Opportunity of a lifetime
20%
15%
10%
5%
0%
300
250
200
150
100
50
0
16%
7%
500
200
600
500
400
300
200
100
0
263
120
300
200
100
0
2022
2028
2023
2030
2018
2026
E-Commerce Market Penetration
E-Commerce User Base (In millions)
Online Shoppers (In millions)
276
75
86%
66%
100%
80%
60%
40%
20%
0%
2022
2030
2022
2028
1400 1200 1000 800 600 400 200 0
1236
760
2022
2028
E-Commerce Market Size (In $Billions)
Smartphone Penetration
Indian Retail Market Size (In $Billions)
Source : Care Industry Report, Invest India
15
16
Company growth : Journey so far
Revenues
EBITDA
Vendors
Orders
In Rs. Crore
FY25 6,528
In Rs. Crore
FY24 5,490
FY24 5,490
Growth% 19%
In Rs. Crore
FY25
180
In Rs. Crore
FY24
149
Growth%
21%
FY25
1,200
FY24
Growth%
1,000
20%
FY24
10.7
Growth%
19%
In Crore
FY25
12.7
In Crore
FY23 4,066
Growth% 35%
FY24 149
FY23 93
Growth% 60%
FY24
1,000
FY23
Growth%
880
14%
FY24
10.7
FY23
7.55
Growth%
42%
Over 20,000 pin codes served, covering >99% of the pin codes in the country
EBITDA positive since inception
Tie-ups with 359 Amazon fulfilment centres
~38 Cr orders served till date ~3.4 orders served per second
Ambition: To continue growing at a pace similar to that which we have demonstrated
17
Stronger growth compared to other new age businesses
Cocoblu Retail has achieved the rare feat of reaching revenues of Rs 5,500+ Crores within only 2 years of operations, much faster than other new age businesses
Cocoblu Retail
Brand #1
Brand #2
Revenues
Rs 5,506 Cr
Rs 6,386 Cr
Rs 7,079 Cr
Years of Operation*
2 years
12 years
15 years
Sector
E-Commerce
*Years of operation to reach Rs 5500+ cr revenues
E-Commerce
Food Delivery
Brand #3
Rs 7,098 Cr
10 years
Online Supermarket
Total Income (In Rs Cr)
Rs. 4,079 Cr
FY23
Rs 5,506 Cr
FY24
18
Rs 6,540 Cr
FY25
Key Operational Metrics – Experiencing Strong Growth
❖ H1 FY26 Revenue : Rs. 3,735 Cr vs Rs. 3,204 Cr in H1 FY25 (Increase of 17%)
6.9
❖ H1 FY26 Average daily sales run rate of Rs 20.5 Cr in vs. Rs 17.5 Cr in H1 FY25 (Increase of 17%)
6.2
❖ Q2 FY26 Revenue : Rs. 2,072 Cr vs Rs. 1,764 Cr in Q2 FY25 (Increase of 18%)
❖ ~6.9 Cr orders served in H1 FY26 (~4.4 orders served every second)
❖ Serviced ~ 38 Cr orders since inception
❖ Have tied up with ~359 Amazon fulfilment centres which enables to deliver across the country
❖ More than 20,000 pin codes served across the country
❖ 1,500+ active vendors in H1 FY26 (H1FY25 1,100+ Vendors)
❖ Achieved 4.7-star review ratings on Amazon Platform (255k reviews)
❖ Robust processes built on best-of-breed tech tools help in managing the details of retail
❖ Big data and advanced ML algos keep Cocoblu on top of the complexity that comes with dealing
with an assortment of ~85 lakh unique items
Revenues
in Rs. Crore
H1 FY26
H1 FY25
Growth%
3,735
3,204
17%
19
H1 FY25
H1 FY26
No. of Orders (In Crores)
20.5
17.5
H1 FY25
H1 FY26
Daily Sales Run Rate (In Rs. Crores)
Great Place to Work Certified
❖ Cocoblu Retail has been Certified by Great Place To Work® for the year
2025-26.
❖ This prestigious recognition is based entirely on real-time feedback from
current employees about their workplace experience.
❖ Great Place To Work® is the global authority on workplace culture,
employee experience, and leadership behaviours.
❖ With its roots in the USA, Great Place To Work® has been working with over 5,500 organizations representing more than 10 million employees for over 30 years.
❖ The Great Place To Work Certification is the only recognition based entirely on what employee's report about their workplace experience— particularly how consistently they experience a high-trust environment.
❖ Every year, more than 10,000 companies across 60 countries apply for this globally benchmarked recognition, making it one of the most definitive "employer-of-choice" awards.
20
Partner Brands
and many more……
21
Led by expert retail professionals
Mr. Mouli Venkataraman, CEO ⚫ Alumnus of prestigious IIT Madras and
IIM Lucknow
⚫ Previously Category Leader at a
leading retail house
⚫ Vast experience in retail companies like Cloudtail India, Arvind Lifestyle Brands, Nokia and Asian Paints
Housed in 32,712 sq. ft. office space in Bangalore
255+
Team members With 950+ years of experience in retail
With deep expertise in scaling up brands in e-commerce
Top B- Schools/ Firms
Rich execution capabilities
Deeply proficient in technology
Strong team, IT and other infrastructure in place to support growth
22
Mr. Archit Patwari, CFO ⚫ A qualified Chartered Accountant and
Company Secretary
⚫ 15 years of rich experience having worked at organizations like Deloitte, Goldman Sachs, Cloudtail, Jumbotail ⚫ In his last stint, he was heading the finance function for Jumbotail, leading a 50-member team
New Brands, New Beginnings
23
Musical Instruments Launch - Akkord
Available exclusively on Amazon at the brand store :
amazon.in/akkord
24
Stationery Launch - Neomate
❖ Neomate offers innovative, premium-quality
stationery at accessible prices.
❖ Product range includes workspace essentials and creative tools, designed to boost productivity, creativity, and organization
❖ Exclusively available on Amazon.in with prices
starting from INR 160.
❖ Explore the collection: www.Amazon.in/neomate
❖ Offerings include desk organizers, high-
performance markers, and more.
25
About Our Brands - INKD
❖ Achieved the status of an “Amazon Top Brand” within a short span of time
❖ Lifestyle denim- wear brand with ~140 style colors
❖ For Men and Women
❖ Range of denim bottoms with a wide range of fits, denim jackets, shirts,
skirts & dresses
❖ Priced between INR 599 to 1299
❖ Available exclusively on amazon at amazon.in/inkd
26
INKD – Women’s Denim Shirts & Jackets
Women’s denim shirts and jackets with Price Range: ₹899-1199
27
INKD – Women’s Denim Shirts & Jackets
Women’s denim shirts and jackets with Price Range: ₹899-1199
28
INKD – Women’s Skirts & Dress
Women’s denim skirts & dresses with Price Range: ₹799-1199
29
INKD – Jackets, Shackets and Shirts
30
Men’s jackets, Shackets & shirts with Price Range: ₹799-1199
About Our Brands - KAARI
KAARI is a line of Indian ethnicwear for women, celebrates the legacy of varied Indian embroidery forms. Blending India’s traditional craftsmanship with timeless elegance, Kaari offers intricately designed collection tailored for Indian women. The collection features a range of embroidery artforms, from stunning Chikankari to Handcrafted Dabka work – carefully woven in beads & pearls each showcasing the true artistry of Indian Craftsmanship. Whether for special occasions or daily wear, Kaari’s versatile designs & inclusive silhouettes ensure a perfect fit. With intricate details and a palette of rich festive hues as well as chic soft pastels, this collection is ideal for festivals, celebrations, as it is for every day.
Everyday Ethnic with Embroidery & Select Festive Drop
40+ style color options
Price range : Rs 999-1899
Available exclusively on Amazon at the brand store : amazon.in/kaari
31
Kaari – Ethnic Premium
32
Kaari – Kurta Sets – Festive Collection
Women’s Festive Ethnic Kurta Sets with Price Range: 1199-1899
33
Kaari – Sarees – Festive Collection
Women’s Festive Sarees with Price Range: 899-1299
34
About Our Brands - Fyltr
❖ Achieved the status of an “Amazon Top Brand” within a short span of time
❖ A Western wear brand offering a wide range of options in solid colours
❖ A range of T-shirts, Shirts, Tops, Shorts, Khakis, Winter Wear and more for
both men and women with more than 220 style colors
❖ Colours and fits tailored to Indian consumers’ palette and body types
❖ Priced between INR 399 to 1699
❖ Available exclusively on amazon at the brand store amazon.in/fyltr
35
Fyltr – New collection inspired by Thar Desert
Men’s and women’s solid casuals with Price: 499-999
36
Fyltr – New collection inspired by Thar Desert
Men’s and women’s solid casuals with Price: 499-999
37
Fyltr – New collection inspired by Thar Desert
Men’s and women’s solid casuals with Price: 499-999
38
Fyltr – New collection inspired by Thar Desert
Men’s and women’s solid casuals with Price: 499-999
39
Fyltr – New collection inspired by Thar Desert
Men’s and women’s solid casuals with Price: 499-999
40
About Our Brands – Pump’d
❖ Achieved the status of an “Amazon Top Brand” within a short span of time
❖ Active wear brand with over 50 style colors
❖ Tank tops, workout t-shirts, leggings, track pants, capris and more for men
and women
❖ Made with new age fabrics that are both soft & lightweight
❖ Priced between INR 349 to 899
❖ Available exclusively on amazon at the brand store amazon.in/pumpd
41
Pump’d – New active collection
Men’s and women’s active tops and bottoms with Price: 399-799
42
Pump’d – New active collection
Men’s and women’s active tops and bottoms with Price: 399-799
43
Pump’d – New active collection
Men’s and women’s active tops and bottoms with Price: 399-799
44
Pump’d – New active collection
Men’s and women’s active tops and bottoms with Price: 399-799
45
About Our Brands - KALAANJ
Everyday Ethnic in all-over prints
Economy Range
Price ranges : Rs 499-699
Available exclusively on Amazon at the brand store :
amazon.in/kalaanj
46
Kalaanj – New collection – Printed Sarees
Women’s Sarees with Price: 599-799
47
Kalaanj – New collection – Men’s Festive Kurtas
Men’s Kurta Price Range: 749 Launched in : Aug ‘25
These men’s kurtas, adorned with intricate embroidery, are perfect for the upcoming festive season. Crafted with attention to detail, they offer a blend of traditional elegance and contemporary style, making them ideal for celebrations and special occasions.
48
Official Revolt Merchandise
Licensing – Range of Biking Lifestyle Inspired t-shirts
49
India’s No.1 ELECTRIC MOTORCYCLE
Revolt Motors : Attracting Top Talent
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Mr. Roy Kurian President
Mr. Raghav Rao Chief Business Officer
in building
Mr. Kurian’s rich experience of 31 years, he has been instrumental iconic brands and delivering sustainable growth contributing significantly to EV product development, network expansion. At Yamaha, he spearheaded a remarkable turnaround, growing sales from 2 lakh units in 2010 to +1 million units by 2016. This milestone positioned Yamaha as a formidable player in the highly competitive Indian motorcycle market.
Mr. Rao’s rich experience of over 25 years across the automotive sector, spanning two-wheelers, tractors, three- in wheelers, and commercial vehicles. His expertise lies channel sales, customer support, customer experience, business development, network expansion, and vendor ecosystem management will be in bringing industry-leading practices to Revolt as the company enters a high-growth phase.
instrumental
51
Revolt Motors initiatives : India’s Motorsport Revolution
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
• Revolt Motors Fuels India’s Racing Future with Sponsorship of Young Racer Ethan Joy at F4 India Championship
• Sharing his excitement, Ethan Joy said, “Racing in Formula 4 is a dream come true and having Revolt Motors’ support makes it vision of even more special. innovation empowering youth and driving aligns perfectly with my own goals. This experience motivates me to continue working towards representing India on global circuits.”
Their
“Accelerating the EV Revolution on the Track”
52
Revolt Motors : Powering Festivities
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Revolt Diwali Double Dhamaka
Revolt Navratri Dhamaka
Azadi From Petrol Independence day
Revolt Motors ushering Motorcycle customers
53
Revolt’s Current lineup
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
RV1
Price: Rs. 94,990
Battery: 2.2 kwH
Range: 100 kms
Segment : Commuter
RV1+
Price: Rs 1,04,990
Battery: 3.24 kwH
Range: 160 kms
Segment : Commuter
RV BlazeX
Price: Rs 1,19,990
Battery: 3.24 kwH
Range: 150 kms
Segment : Commuter
54
RV400
Price: Rs 1,39,950
Battery: 3.24 kwH
Range: 150 kms
Segment : Sports
RV400 BRZ
Price: Rs. 1,29,950
Battery: 3.24 kwH
Range: 150 kms
Segment : Sports
RV BlazeX : Key Features
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Battery
3.24 kwH
Fast Charger Option available – Charges 80% in 80 mins
Mobile App Connectivity
Chain Drive System
Live Location Tracking Real-time range Battery Status Update
• • • • Geofencing • Over the air Updates
Premium Chain Drive system, for better lubrication and less maintenance
4.1 Kw
More speed, more Power – Every ride every time !!
Motor
55
150 Kms
Rs. 1,19,990 (ex-showroom)
Range
Price
RV1 & RV1+ : Key Features
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Strong Frame
Superior Battery
Fast Charger Option
LED Lights
250 Kg Payload Capacity – Highest in the segment
2 options – 3.24 kwh & 2.2 kwh
Only bike to have Portable Battery feature
No charging infrastructure needed
Fast charger option of charging 80% in 80 mins
RV1’s round LED headlight improves visibility and adds a striking, stylish element to the overall design
Broader Tyres
Front Tyre: 90/80 R17 Rear Tyre :110/80 R17
Disc Brakes
Dual Disc Brakes – Unlike any other in the segment
Chain Drive System
O ring type Chain system for longer life, better lubrication and less maintenance
Longest Seat
Ergonomically designed seat for better comfort and riding
Front Visor
Our bike’s front visor is a striking styling element that enhances its modern look.
Storage Box
Built-in storage box so you can always carry your charger with you
LCD Display
6” LCD Display
More Stylish, more features, & Enhanced functionality
Reverse Mode
India’s only premier bike which provides reverse mode option
56
RV 400 : India’s most advanced AI enabled, nextgen electric motorcycle
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Mobile touch-based operations: Start, Stop, Locate, Lock, Unlock, Hazard alert
Voice command-based bike operations - start, stop, find my bike, hazard alert
Key technical features
Geofencing alerts
Historical ride data – past rides, kilometres, routes, battery usage etc.
High strength cradle frame
Centre of Gravity & Weight distribution/ strategically positioned battery pack
Battery status on mobile app
Customized 4 Engine Sounds to suit your mood
USD (Upside Down) front forks suspension used only in premium bikes.
State of art Ergonomics and Adjustable riding positions
Entire remote key is now on mobile
Charging status on mobile app
Artificial Intelligence
Adjustable rear monoshock
Ground clearance of 215 mm highest in the segment
More than 850 million+ kms driven on Revolt RV400
57
RV400 BRZ : Key Features
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Battery
Lithium Ion (removable) NMC – Pouch (removable) 3.24 kwh
Charging time
0-80% in 3.5 hours Detachable battery, charging does not require a docking station
Range 150 kms
Price
Attractively priced at Rs. 1.30 lakhs (ex showroom)
Motor
4.1 KW (Peak) 85 kmph with max torque of 45Nm 3 modes (Eco, Normal, and Sports)
Colors
Pacific Blue (Matte Finish)
Cosmic Black
Rebel Red
Dark Silver
Rebel Red
58
The Revolt Advantage : Lower Total Cost of Ownership
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Cost Item
Revolt RV1
Revolt RV1 +
RV BlazeX RV400 BRZ
RV400
Petrol Motorcycle
Price Ex. Showroom ( Rs .)
₹ 94,990
₹ 1,04,990
₹ 1,19,990
₹ 1,29,990
₹ 1,39,950
₹ 1,00,000
Monthly Electricity/Fuel Expense (Rs.)
₹ 200
₹ 250
₹ 250
₹ 250
₹ 250
₹ 4,500
1 Year Electricity/Fuel Expense (Rs.)
₹ 2,400
₹ 3,000
₹ 3,000
₹ 3,000
₹ 3,000
₹ 54,000
5 Year Electricity/Fuel Expense (Rs.)
₹ 12,000
₹ 15,000
₹ 15,000
₹ 15,000
₹ 15,000
₹ 2,70,000
Total Cost of Ownership (5 Years)
₹ 1,06,990
₹ 1,19,990
₹ 1,34,990
₹ 1,44,990
₹ 1,54,950
₹ 3,70,000
With up to 70% lower Total Cost of ownership, Revolt motorcycles offer significant cost benefits compared to Petrol counterparts
59
The Revolt RV BlazeX advantage : TCO & Monthly Running Cost
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
RV BlazeX is 60% cheaper than a Petrol Bike over a 5-year period
Cost Item
Price Ex. Showroom ( Rs .)
Monthly Electricity/Fuel Expense (Rs.)
1 Year Electricity/Fuel Expense (Rs.)
5 Year Electricity/Fuel Expense (Rs.)
Total Cost of Ownership (5 Years)
Revolt RV BlazeX
₹ 1,19,990
₹ 250
₹ 3,000
₹ 15,000
₹ 1,34,990
Running Cost for RV BlazeX is 50% less than Petrol Bikes
Cost Item
EMI
Running Cost (Rs.)
Monthly Cost
Revolt RV BlazeX ₹ 3,500
₹ 250
₹ 3,750
60
Petrol Motorcycle
₹ 1,00,000
₹ 4,500
₹ 54,000
₹ 2,70,000
₹ 3,70,000
Petrol Motorcycle
₹ 2,800
₹ 4,500
₹ 7,300
Aggressive Pan India dealer network growth & expanding Global footprint
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Chandigarh
Sirsa
Dehradun
Haridwar
Gurgaon
Noida
Bikaner
Churu
Jaipur
Agra
Lucknow
Barmer
Ajmer
Kota
Morena
Dhar
Bhopal
Panna
Sirodhi
Rajkot
Anand Vadodara Surat
Bhavnagar
Ujjain
Indore
Chhindwara Amravati
Nashik
Kolhapur Pune Mumbai
Nagpur
Solapur
Sangli
Hyderabad
Hubballi
Mahabubnagar
Raipur
Baleswer
Cuttack
Gajapati
Vizag
Patna Gaya
Siwan
Begusarai
Guwahati
Kolkata
South parganas
North parganas
Goa
Mangalore
Bengaluru
Lakshadweep
Nellore Visakhapatnam
Chennai
Tiruchirappalli
Palakkad
Coimbatore
Cochin
Madurai
Thiruvananthapuram
No of Stores
North 77 South 42 East 47 West 51
Total
217
61
❖ The number of dealer stores is now 217, up from
154 in H1FY25
❖ Reach has now expanded to 194 cities, with
presence in 24 states & UTs across the country
❖ With the growing demand for electric vehicles across the country, there is potential to add 5 times more dealerships that can cater to the needs of the ever-expanding customer base
❖ Expanding globally – exported 520 units in H1
FY26
❖ Operating dealerships in Sri Lanka & Nepal
❖ Plan to enter other geographies in current year
Revolt’s Company owned, Company operated experience hubs
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Karol Bagh, New Delhi
Location
Revolt COCO stores for an unparalleled customer experience
Gujranwala Town, New Delhi Location
62
Revolt Motors secured approval for EV subsidy from Govt. of India
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
❖ Revolt Motors, India's top electric motorcycle company, announced on
August 1, 2024, that it has received official approval for the Government of India’s EV subsidy schemes from the Ministry of Heavy Industries
❖ All past issues related to FAME II subsidies stand fully resolved
❖ Revolt Motors, as a responsible corporate citizen, had earlier proactively
paid back the previously availed subsidies in August 2023 under the FAME-II subsidy regime
❖ As part of current PM-E Drive subsidy scheme Revolt Motors receives Rs.
5,000 per motorcycle as subsidy from Govt. of India
Revolt Motors joins a select group of manufacturers dedicated to driving the nation towards a greener and more energy-efficient future
63
Industry Dynamics
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
A picture containing dark, lit, night, night sky A picture containing dark, lit, night, night sky
Description automatically generated Description automatically generated
Unit 2W Sales – Historical Volumes
Global EV 2W Penetration – India is lagging behind
17 Mn
20 Mn
19 Mn
EV %
<1 %
<1 %
5.3 %
FY2017 A
FY2020 A
FY2024 A
90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
47%
80%
10%
8%
4%
5%
FY22CY22
Indian Electric Two-Wheeler Market (Projected)
Mature Market trends of rapid adoption
Units sold
103% CAGR
75% CAGR
<0.05 Mn (FY19)
0.95 Mn (FY24)
22 Mn (FY30)
An inflection point for massive EV adoption has been observed at 3-5% globally
29% 26% 19% 17%
5% inflection point
35%
30%
25%
20%
15%
10%
5%
0%
Source : Economic times, Industry Reports, NITI Aayog, Redseer, Vahan Portal, IEA
64
2018
2019
2020
2021
2022
China
Germany
France
United Kingdom
Sweden
Your go-to partner for ‘Security & Skilling’
Drones the modern peace & warfare technology
A picture containing text, clipart
Description automatically generated
▪ Global conflict events ( Russia – Ukraine & Israel – Palestine) which started last year and the more recent ( India – Pakistan
& Israel – Iran ) conflict has changed the warfare dynamics
▪ Drones are playing a critical role as a potent armoury & bringing a whole new dimension to defence sector
▪ The events indicate that the volumes of drones required will be exponential
▪ Drones are also playing critical role in sensitive areas of security, surveillance & intelligence gathering
▪ Drones will play a major role in consumer delivery, agricultural sector using spraying capabilities & industrial sector in the areas
of surveillance, security & mapping
▪ Central & State governments are encouraging Drones training in a bigger way seeing the need and potential in this field
▪ Neosky is strategically positioned having established competencies & capacities in drone manufacturing, R&D and drone
training
- Having licence to manufacture drones with manufacturing and R&D facilities in Bangalore
- Actively engaging with Indian armed, paramilitary & defence forces
- Having drones training licence and training centres
66
NeoSky aims to be a full-line drone player
A picture containing text, clipart
Description automatically generated
Purpose
Consumer drones
A Drone in every Indian house.
A picture containing text, clipart
Description automatically generated
Enterprise drones
Enhance productivity & safety.
Defence drones
Serving the nation, saving precious lives.
Drone Pilot Training
Upskill the Indian youth
Drone services
Tech and Data driven, Customised solutions
NeoSky’s vision is to provide full 360-degree drone solutions to customers with Drones as a Product (DAAP - drone hardware), Drone As a Service (DAAS – drone service solutions) and Software as a service (SAAS – drone software)
67
Building Strong Credentials
A picture containing text, clipart
Description automatically generated
• Neosky has emerged as a strong player having built a very strong credentials - Defence license (DIPP) + ISO
India’s first DGCA approved Drone
India’s first company to do BVLOS trails
DGCA Type Certified drones
DGCA approved drone training
Having license to make Drones for Defence
Qualified for Govt of India PLI scheme
ISO Certification ISO – 9001-2015 & ISO 9100D
68
DGCA: Directorate General of Civil Aviation BVLOS :Beyond Visual Line of Sight PLI : Production linked Incentive
Credentials of TAS also included. TAS is a subsidiary of NeoSky
ISO Certified
A picture containing text, clipart
Description automatically generated
• With our endeavor to be the best Neosky received ISO certification ( ISO – 9001- 2015 & ISO 9100D)
69
NeoSky delivered Tavas AI drones to Karnataka Police
A picture containing text, clipart
Description automatically generated
❖ NeoSky recently won tenders to supply 60
Tavas AI drones from Karnataka Police
❖ Tavas was
successfully delivered
to
Karnatak Police force
❖ Tavas is a Micro drone which is foldable,
comes with swappable payload, on-board
AI, six side collusion avoidance, over 30
minutes of endurance
❖ Tavas adds to the list of other drones like
Nimble, DOPO and NS01 which are
inducted into the state police earlier
❖ The state police went through a class room
& flying hands-on training on Tavas
70
Drone training program for College students
A picture containing text, clipart
Description automatically generated
❖ NeoSky conducted drone training for Armed
forces, Paramilitary
forces, Rural women,
students from Schools & colleges students and
many more
❖ As part of the business expansion, NeoSky is
conducting drone training program for college
students
❖ Students
from VIT
(Vellore
Institute of
Technology) – Bhopal have been getting trained
at NeoSky
❖ These students are trained on Drone rules, Drone
flying along with their industrial visit to the
NeoSky campus
❖ NeoSky is a pioneer in Drone training, having a
DGCA approved Drone training centre
71
Drone training for Women police
A picture containing text, clipart
Description automatically generated
❖ Women police has been upskilled by NeoSky
with Drone flying
❖ A DGCA certified drone training program
was successfully conducted for the women
recently
❖ NeoSky drones are also getting deployed by
the police forces, so that the women police
can start operating them on a regular basis
for their surveillance missions.
❖ Beyond Women police, NCC students also
joined this training program
❖ This is an initiative taken up by NeoSky along
with FICCI Flo.
72
NeoSky in Action (1/2)
A picture containing text, clipart
Description automatically generated
Clockwise: Team NeoSky at Sonmarg, J&K for the Indian Army trails, Security & Surveillance trails with ‘JCB’ tracking, Police trails
73
NeoSky in Action (2/2)
A picture containing text, clipart
Description automatically generated
Clockwise: Team NeoSky with the Honourable CM & DCM of Karnataka, Ex- DRDO chief Dr. Sateesh Reddy, Defence minister of Nigeria, West Bengal police
trails, Centre for Counter terrorism trails
74
NeoSky Drone solutions for Defence
A picture containing text, clipart
Description automatically generated
❖ Range : 2 Kms ❖ Payload :
200gms ❖ Endurance : 15 mts ❖ Manual,
Autonomous, Self-Drive
❖ Range : 3 Kms ❖ Payload :
500gms ❖ Endurance : 15 mts ❖ Manual,
Autonomous, Self-Drive
❖ Range : 3 Kms ❖ Weight : 550gms, Endurance : 30 mts
❖ 1080P Camera, Live feed on NeoSky app
❖ 15 Kg payload ❖ Endurance : 35mts
❖ Range : 7kms one way ❖ Payload dropping
FPV 5” Screen
FPV 7” Screen
NS01 - Videography
L15 Cargo
❖ AK-47 Firing drone ❖ Endurance: 50mts ❖ Range : 7 - 10kms ❖ Aim & Fire
Weaponized drone
❖ Swappable
payload. Day & Night camera ❖ Endurance: 30mts, Range: 3kms ❖ 6-Side Lidar
❖ Single
Grenade dropping ❖ Day & Night surveillance ❖ Range : 3kms ❖ Endurance: 20 – 30mts
❖ 6-Grenade
dropping ❖ Day & Night surveillance
❖ Range : 5 kms ❖ Endurance: 20 mts
❖ 6-Grenade
dropping
❖ Auto –
Dropping ❖ 7 – 10km Range ❖ Endurance: 50mts
Grenade dropping - Small
Grenade dropping - Medium
Grenade - Large
❖ Swappable payload ❖ Day & Night Surveillance ❖ Range : 10kms ❖ Endurance : 50-
60mts
❖ Autonomous
drone operations ❖ Precision landing , Wireless charging
❖ Crowd ❖ Vehicle ❖ Foreign Objects ❖ Number Plate Recognition
Tavas - Surveillance
SWAT – Surveillance
Autonomous Surveillance
AI-ML solutions
75
NeoSky Drone Solutions: Non-Defence
A picture containing text, clipart
Description automatically generated
DOPO Mapping
➢ DGCA-Type Certified. ➢ Survey, Mapping,
Inspection, Disaster management. ➢ MTOW of 4.7kgs. ➢ Endurance up to 60mts. ➢ Mapping 1.5 sq kms in a
single flight.
➢ Operational temperature from -10°C up to 50°C.
➢ 32,000mAh battery. ➢ ADTi camera.
Drone-in-a-box
Inspection
Waste Management
Forests
Agriculture
Drone training
76
Drones: Sunrise Industry
A picture containing text, clipart
Description automatically generated
In Rs Cr
Market Size : Drone market is projected to be Rs. 1.66, lacs cr by FY2028.
Global Hub: Govt. aims to create India a global hub by 2030 for not only drone manufacturing, but also drone service sector.
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
2020
2028E
Drone Market Growth
Exports: Drone Market (including exports) is projected to be Rs 1.94 lacs cr by FY 2028.
Preference: Drones from China pose data related security concerns. Hence sourcing from alternative countries is expected to increase
Revenue Projection: Civil aviation ministry expects the industry to achieve Rs 120-150 billion turnover cumulatively by 2026.
Non Defence Applications: Drone applications in non- defence sectors is on the rise due to govt. initiatives
Source: Care Industry Report
77
REL_Power
Residual equity in historical business
78
Best-in-class operations
REL_Power
Fully functional, Amravati asset running profitably
Robust operational metrics
Current position in MOD stack ensures high PLF
Assured raw material linkages offer insurance against fluctuations
79
About RattanIndia Power Limited
REL_Power
❖ Installed capacity of 1350 MW (270 MW X 5 units) thermal power plant with capacity to produce 11,826 MUs annually, at Amravati, Maharashtra
❖ 1200 MW Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL)
❖ Additional 28 MW is being sold in open market
❖ Plant was successfully commissioned in March 2015
❖ The Company has Fuel Supply Agreement (FSA) with South Eastern Coalfields Limited (SECL) , for 6.10 MMT of coal
❖ The power project has been allocated 87.60 MM3 (Million Cubic Meter) water from the Upper Wardha Dam
❖ Dedicated railway siding of 35 Km from Walgaon station to plant
80
Key Highlights for Q1 FY 26
REL_Power
❖ The Company continues to demonstrate strong financial performance
❖ The company reported an EBITDA of Rs.337 crore in H1 FY26.
❖ Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 79% PLF and 85% Availability
in H1 FY26.
❖ During H1 FY26, the company sold 12.09 MUs on the power exchange, generating revenue of ₹9.36 crore, in addition to
revenue earned through the PPA.
❖ During the quarter, Crisil Ratings has upgraded rating on the short-term bank facilities availed by the Company to
‘CrisilA3+’ from ‘Crisil A3’.
81
Investor connect
Investor-relations@rattanindia.com davinder.dogra@rattanindia.com
82
Thank You