Mishra Dhatu Nigam Limited

rs,

ing Department/CRD Stock Exchange Mumbai, 1st Floor, New Trading Ring, Rotunda Buil.ding, P.J. Towers, Dalal Street, Fort, Mumbai- 400001 The Manager, Listing Department National Stock Exchange of India

9%

TERIALS CATERING TO HIGH END ENGINEERING APPLICATIONS Global Steel Production Speciality Steel - 9% Speciality Steel Market Ni(1) 0.2% MIDHANI’s area of focus <1% of global steel market Carbon

0.2%

ERING APPLICATIONS Global Steel Production Speciality Steel - 9% Speciality Steel Market Ni(1) 0.2% MIDHANI’s area of focus <1% of global steel market Carbon Steel – 91% Speciality Alloy < 2%

1%

Production Speciality Steel - 9% Speciality Steel Market Ni(1) 0.2% MIDHANI’s area of focus <1% of global steel market Carbon Steel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Be

91%

ity Steel Market Ni(1) 0.2% MIDHANI’s area of focus <1% of global steel market Carbon Steel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other

2%

0.2% MIDHANI’s area of focus <1% of global steel market Carbon Steel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other Alloy Steels 69% End

4%

us <1% of global steel market Carbon Steel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other Alloy Steels 69% End User Classification Oil & G

5%

obal steel market Carbon Steel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other Alloy Steels 69% End User Classification Oil & Gas & Processi

20%

teel – 91% Speciality Alloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other Alloy Steels 69% End User Classification Oil & Gas & Processing Industries 9% Aerospace

69%

lloy < 2% Stainless Steel – Longs 4% Bearings 5% Stainless Steel – Flats 20% Other Alloy Steels 69% End User Classification Oil & Gas & Processing Industries 9% Aerospace 50% 83,500 MT Industri

50%

Other Alloy Steels 69% End User Classification Oil & Gas & Processing Industries 9% Aerospace 50% 83,500 MT Industrial Turbines 11% Defence 22% Source: Frost & Sullivan Analysis (1) Ni-Nickel

83,500 MT

er Alloy Steels 69% End User Classification Oil & Gas & Processing Industries 9% Aerospace 50% 83,500 MT Industrial Turbines 11% Defence 22% Source: Frost & Sullivan Analysis (1) Ni-Nickel 4 ONE OF

“You will be solely responsible for your own assessment of the market and the market position of the Company and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.”

“Growth and modernization • Seeks growth (through both greenfield and brownfield) based on the development of technology for customers and product • Aim for geographical expansion of the Company and to operate from multiple locations • In process of setting up two new manufacturing facilities in Rohtak and Nellore • Seek to enter into the new markets of oil and gas, mining, power, railways and chemical and fertilizers 2.”

Sub

1

ASSETS

1

Current assets

1

Adjustments for

1

Working capital adjustments

1

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Investor Presentation Dear Sir, 1. to Regulation 30 of Pursuant India (Listing Obligations and Disclosure Requirements) Regulation 2015; please find attached below the Securities and Exchange Board of the Investor Presentation. 2. This is for information of the exchange and the members. Thanking You, Yours Faithfully, For Mishra Dhatu Niga Limited mpany Secretary & Compliance Officer — Pa I Antony Corporate Presentation May 2019 We are everywhere from Deep Sea to Space DISCLAIMER This Presentation may not be taken away, copied, published, distributed or transmitted or reproduced or redistributed or passed on directly or indirectly to any other person, whether within or outside your organization or firm, or published in whole or in part, for any purpose by recipients directly or indirectly to any other person without written confirmation from MIDHANI. The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has no

ASSETS

Non-current assets Property, Plant and Equipment Capital work-in-progress Intangible assets Financial Assets (i) Investments (ii) Loans Non-current tax assets (Net) Other non-current assets Total Non-Current Assets

Current assets

Inventories Financial Assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Other financial assets Other current assets Total Current Assets 2,614.63 66.90 14.94 21.01 0.07 637.11 16.64 3,371.30 3,264.39 62.05 9.38 21.01 0.04 293.41 93.71 3,743.99 3,427.75 649.93 16.58 21.01 0.01 202.12 681.77 4,999.17 4,236.70 1,750.47 12.77 21.01 - 106.52 480.51 6607.98 2,885.45 2,060.42 2,413.80 5,088.35 2,090.54 1,958.62 122.08 780.50 7,837.19 2,885.30 2,079.26 116.81 124.59 7,266.38 4,134.34 1,800.79 178.80 125.10 8,652.83 3,522.44 1,979.94 96.42 951.56 11,638.71 Total Assets 11,208.49 11,010.37 13,652.00 18,246.69 18 SUMMARY STATEMENT OF ASSETS & LIABILITIES (2/2) ₹ Mn ₹ Mn Particulars FY16 FY17 FY18 FY19 EQUITY AND LIABILITIES EQUITY Equity share capital Other Equity Total Equity LIABILITIES Non-current liabilities Financial liabilities (i) Borrowings (ii) Other Financial Liabilities Provisions Deferred tax liabilities (net) Other non-current liabilities Total Non-current liabilities

Working capital adjustments

(Increase) decrease in inventories (Increase) decrease in trade receivables and loans (Increase) decrease in other financial assets (Increase) decrease in other non-current assets (Increase) decrease in other current assets Increase (decrease) in trade payables Increase (decrease) in other financial liabilities Increase (decrease) in provisions Increase (decrease) in non-current liabilities Increase (decrease) in other current liabilities Cash generated from operating activities Income tax paid (net) Net cash from operating activities (A) FY16 FY17 FY18 FY19 1,626.45 1,878.50 1,967.78 1,917.97 140.65 41.86 (108.15) (0.02) 1,700.79 1,344.70 110.31 13.88 16.49 263.66 (422.21) (272.96) 93.97 180.80 (489.12) 2,540.31 (381.31) 2,159.00 176.64 46.76 (172.68) 0.24 1,929.46 825.03 (794.73) 5.27 (77.07) 655.91 130.80 112.79 6.41 (385.70) (611.48) 1,796.69 (607.27) 1,189.42 196.41 85.60 (213.19) (0.09) 2,036.51 (353.38) (1,249.01) (61.99) (588.06) (0.51) 291.29 468.90 (2.59) (348.50) 404.26 596.