Marshall Machines Limited

Rs. 61

g automation with or without use of robots. ✓ On an overall basis, the Company has a order book of Rs. 61 Cr for 245 CNC Machines as on 31st January 2019 ✓ Within CNC Machine segment, while Marshall have u

rs,

have developed patented designs including Double & Four spindle CNC lathes.  Over the last few years, Marshall has focused extensively on R&D and technology development and as a result of the same, has

Rs. 30.3

that makes your factory operate Smartly. 22 4. Financials 23 Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearl

60.2%

ur factory operate Smartly. 22 4. Financials 23 Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results

Rs. 2.5

operate Smartly. 22 4. Financials 23 Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statem

rs 32.6

martly. 22 4. Financials 23 Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs.

Rs. 6.3

ncials 23 Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs. Cr) H1FY19 H1FY18 %

39.6%

Half Yearly Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs. Cr) H1FY19 H1FY18 % change B

Rs. 1.8

Highlights Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs. Cr) H1FY19 H1FY18 % change Balance Sheet (

rs 44.8

ts Revenue Rs. 30.3 Cr 60.2% EBT Rs. 2.5 Crs 32.6% 24 EBITDA Rs. 6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs. Cr) H1FY19 H1FY18 % change Balance Sheet (Rs. Cr)

18 %

6.3 Cr 39.6% PAT Rs. 1.8 Crs 44.8% Half Yearly Results Income Statement (Rs. Cr) H1FY19 H1FY18 % change Balance Sheet (Rs. Cr) H1FY19 Total Revenue Operating Expenses Employee Expenses Other

20.7%

rgin Taxes PAT PAT Margin 25 30.3 17.2 4.2 2.6 24.0 6.3 18.9 10.9 2.0 1.5 14.4 4.5 20.7% 23.8% 1.7 4.5 1.1 3.4 15.0% 18.1% 2.1 2.5 1.6 1.9 8.1% 9.8% 0.7 1.8 0.6 1.2 5.9%

“His passion for design of machines and electronic integration & interfacing of systems, which was a successful project during his engineering studies helped him develop various types of machines, especially after the company shifted focus to manufacture of CNC machines.”

“Marshall showcased its 'TECHNOLOGY TRISHUL' comprising of 3 Technologies which will be your weapon in your fight for competitiveness and Profits.”

Triad of cutting-edge innovation n CNC Lathe

1

Current Assets

1

Corporate Headquarters

1

Regional Office

1

Triad of cutting-edge innovation n CNC Lathe

Citius, Fortius & Altius • Performance multiplier in speed, accuracy, and • rigidity Single piece structure with 30 degree slant angle and high cast iron for max rigidity • Marshall double head, double turret CNC Turning Centers • The 2 in 1 turning center results in savings in space, manpower and shop floor material movement 10 10 TWINTURN Company Overview Founders’ Profile  Gaurav Sarup has been passionate about designing innovative machine tools ever since he took over rein of Marshall in 1986. Gaurav is a Production Engineer by qualification. Gaurav’s passion has been designing innovative machine tools and his career has been filled with many milestones including being awarded with the prestigious FIE Foundation National Awards in 2009, 2013, 2015& 2017.  He is an ‘evangelist’ about ‘Smart’ manufacturing and is frequently invited to speak at events organised by CII, TIE & other institutions. He has also conducted awareness sessions about INDUSTRY 4.0 at forums like NIQR (National

Current Assets

Inventories Debtors Cash & Equivalents Other Assets Total Current Assets Application of Funds FY16 1.81 6.94 8.75 7.48 0.80 16.21 14.55 0.45 11.11 42.32 59.35 13.14 0.21 39.08 4.72 1.33 0.87 46.00 59.35 FY17 1.81 8.04 9.85 5.93 1.02 15.16 18.40 0.61 14.06 48.23 65.03 16.68 0.24 36.73 8.23 1.93 1.22 48.11 65.03 FY18 2.13 15.74 17.87 7.40 2.73 16.22 18.39 1.60 15.43 51.64 79.64 24.50 0.24 38.30 11.41 2.22 2.97 54.90 79.64 Financial Snapshot Ratio Analysis FY16 FY17 FY18 EBITDA Margin 12.7% 12.9% 21.7% EBIT Margin EBT Margin PAT Margin ROCE RONW Total Debt/Equity 9.9% 1.7% 1.0% 9.7% 18.0% 3.6% 12.6% 2.2% 8.4% 26.8% 31.1% 42.3% 4.8% 2.71 11.3% 28.0% 2.14 1.32 28 Index Disclaimer All data and information is provided for informational purposes only and is not intended for any factual use. It should not be considered as an offer of sale of services mentioned in this information memorandum. Neither Sarthi Capital Advisors Pvt. Ltd. (SCAPL) nor any of its group companies, directors, or employee

Corporate Headquarters

Mumbai 401, 4th Floor, Manek Plaza, 167, Vidya Nagari Marg, Kalina, Santacruz(E), Mumbai-400098 Landline: (022) 26528671-72, Fax: (022) 26528673

Regional Office

New Delhi 411, Pratap Bhawan, 5 Bahadurshah Zafar Marg, New Delhi - 110002 Landline: (011) 23739426 – 27, Fax: (011) 23739424 For Private Circulation Only 30