AksharChem India Limited

4%

third party statements and projections. 2 Result Update Result Highlights Total Volume (MT) +4% 2,255 2,355 1,843 +28% +10% 6,919 6,268 Q3 FY18 Q2 FY19 Q3 FY19 9M FY18 9M FY19 Our pr

28%

d projections. 2 Result Update Result Highlights Total Volume (MT) +4% 2,255 2,355 1,843 +28% +10% 6,919 6,268 Q3 FY18 Q2 FY19 Q3 FY19 9M FY18 9M FY19 Our product demand is intact so o

10%

ections. 2 Result Update Result Highlights Total Volume (MT) +4% 2,255 2,355 1,843 +28% +10% 6,919 6,268 Q3 FY18 Q2 FY19 Q3 FY19 9M FY18 9M FY19 Our product demand is intact so our bus

6.1%

Total Comprehensive Income Earnings Per Share (EPS) * As per Ind-AS 82.0 56.7 2.3 17.9 5.0 6.1% 1.9 1.4 5.5 58.8 34.4 2.7 12.8 8.9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0

15.1%

EPS) * As per Ind-AS 82.0 56.7 2.3 17.9 5.0 6.1% 1.9 1.4 5.5 58.8 34.4 2.7 12.8 8.9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0

6.7%

82.0 56.7 2.3 17.9 5.0 6.1% 1.9 1.4 5.5 58.8 34.4 2.7 12.8 8.9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y

16.7%

56.7 2.3 17.9 5.0 6.1% 1.9 1.4 5.5 58.8 34.4 2.7 12.8 8.9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39%

4.9%

1.9 1.4 5.5 58.8 34.4 2.7 12.8 8.9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39% -44% -44% -46% -52% -3

14.1%

9 15.1% 2.2 1.3 9.8 6.7% 16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39% -44% -44% -46% -52% -37% Comments • Revenue growth on the back

39%

16.7% 0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39% -44% -44% -46% -52% -37% Comments • Revenue growth on the back of high volumes and better r

44%

0.2 5.3 1.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39% -44% -44% -46% -52% -37% Comments • Revenue growth on the back of high volumes and better realiza

46%

.3 4.0 4.9% 1.3 5.4 4.88 0.1 9.7 1.4 8.3 14.1% 0.2 8.5 10.13 Y-o-Y 39% -44% -44% -46% -52% -37% Comments • Revenue growth on the back of high volumes and better realizations • Im

“Reduction in support by the Chinese government in terms of 3.1 +10% 4.9 -0.5 2009 2014 2019F Imports Exports Domestic Exports, expected to grow at a CAGR of ~ 15% over the next 5 years Source : Company Estimates +197% ▪ ▪ ▪ Tighter pollution control norms : China’s National Environmental Protection Law o Increased Penalty for Non-Compliance – Higher Fine and Imprisonment o Increased Disclosure Reduction in subsidies Appreciation of CNY 2.”

“Textile industry in India is projected to grow at over 10% CAGR over the next 5 years 3.”

Impact on margins was due

1

Investor Relations Advisors

1

Impact on margins was due

✓ Faced teething problems in the initial phase of H-acid manufacturing resulting in one off losses ✓ High volatility in crude prices ✓ Short supply in some of the key raw material due to China situation ✓ Increase in Other Expenses on the back of new capacity addition • Raw Material cost increases will be passed on to customers with a Quarter lag • Operating leverage to play out once utilization levels increases 5 Profit & Loss Statement* - 9M FY19 Particulars (In Crs.) Net Revenue from Operations Raw Material Employee Expenses Other Expenses EBITDA EBITDA % Other Income Depreciation EBIT EBIT % Finance Cost PBT Tax PAT PAT % Other Comprehensive Income Total Comprehensive Income Earnings Per Share (EPS) * As per Ind-AS 9M FY19 9M FY18 242.8 153.5 6.9 53.3 29.1 12.0% 3.3 3.7 28.7 11.8% 0.7 28.0 9.1 18.9 7.8% 0.7 19.7 23.09 187.7 112.0 5.7 38.0 32.0 17.1% 6.9 3.8 35.1 18.7% 1.2 33.8 8.1 25.7 13.7% 0.1 25.8 31.37 FY18 264.3 160.3 8.4 54.0 41.6 15.7% 7.1 4.6 44.1 16.7% 1.5 42.6 12.0 30.6 1

Investor Relations Advisors

AksharChem (India) Limited CIN: L24110GJ1989PLC012441 Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Meet Joshi cs@aksharchemindia.com www.aksharchemindia.com Ms. Neha Shroff / Ms. Khushbu Shah neha.shroff@sgapl.net / khushbu.shah@sgapl.net +91 22 61146603 / +91 22 61146607 www.sgapl.net 32