Aaron Industries Limited

rs,

entation Leading Manufacturer:Aaron Industries Limited is a prominent manufacturer producingelevators, elevator components, and stainless-steel polishing,design, and color sheets.OEM Expertise:The compan

50%

nufacturing byAaronComponent Manufacturing byAaronAaron’s Supply Chain ProcessAaron manufactures 40-50% of elevator components in-house, customized to project needs.Key products like Auto Door Systems an

1.5 lakh

nufacturing Footprint: in Surat, Three advanced production units Gujarat, with a combined area of 1.5 lakh sq. ft. delivering robust elevator and stainless-steel solutions. Technology & Automation: Facili

13%

) emerging due to rapid urban expansion ~75,000 units (2025) to ~155,000 units by 2030CAGR of ~12–13% USD 10.08 billionby 2030USD 5.6 billion in2025Top Segments (2025)Urbanization & High-riseDevelopmen

10.08 billion

ng due to rapid urban expansion ~75,000 units (2025) to ~155,000 units by 2030CAGR of ~12–13% USD 10.08 billionby 2030USD 5.6 billion in2025Top Segments (2025)Urbanization & High-riseDevelopment Rising Demand fo

5.6 billion

pansion ~75,000 units (2025) to ~155,000 units by 2030CAGR of ~12–13% USD 10.08 billionby 2030USD 5.6 billion in2025Top Segments (2025)Urbanization & High-riseDevelopment Rising Demand for Energy-efficient & S

18.5 billion

Industry Overview The Stainless Steel Industry Analysis in India is estimated to be valued at USD 18.5 billion in 2025 and is projected to reach USD 33.8 billion by 2035, registering a compound annual growth ra

33.8 billion

alysis in India is estimated to be valued at USD 18.5 billion in 2025 and is projected to reach USD 33.8 billion by 2035, registering a compound annual growth rate (CAGR) of 6.2% over the forecast period. Top Se

6.2%

is projected to reach USD 33.8 billion by 2035, registering a compound annual growth rate (CAGR) of 6.2% over the forecast period. Top Segments (2025) Regional Leader Growth Drivers Austenitic grades:

28.4%

ver the forecast period. Top Segments (2025) Regional Leader Growth Drivers Austenitic grades: 28.4% revenue share (corrosion resistance for auto/construction/chemicals). West India dominates throug

55.6%

nization Make in India Auto expansion Exports — despite raw material volatility. Flat products: 55.6% share (versatile for infrastructure/appliances) 22 | Aaron Industries Ltd. Investor Presentation

17.81%

oY % Revenue from Operations Other Income Total Income Total Expenditure EBITDA 27.33 23.20 17.81% 24.11 92.00 77.93 18.06% 0.06 27.39 23.78 5.14 0.04 23.24 20.00 4.88 32.17% 17.84% 1

“Investor Presentation SERVING ACROSSJodhpurRajkotAhmedabadNashikMumbaiBelgaumHyderabadPuneIndorePatnaKolkataKENYANEPALCITIESEXPORT ACROSS60+02+COUNTRIES Global Target Market The Company is steadily strengthening its international presence and has identified clear growth opportunities beyond India: Nepal Africa We are already receiving encouraging orders from in Nepal, our established channel partners reinforcing our brand acceptance and product reliability in this market.”

Trusted Sourcing

1

In-House Expertise

1

Internal Consumption

1

External Sales

1

Value Addition

1

Operational Efficiency

1

Quality Assurance

1

Strategic Business Model

1

Footprint

1

Expanded Capacity

1

Trusted Sourcing

Procures premium stainless-steel coils from established, reliable suppliers ensuring consistent quality.

In-House Expertise

Performs comprehensive processing including cutting, polishing, embossing, and advanced finishing treatments under strict quality control.

Internal Consumption

Majority of processed SS sheets are utilized within Aaron's own elevator manufacturing segment, contributing to core elevator product quality.

External Sales

Supplies high-grade stainless-steel sheets to other elevator manufacturers and various industries, enhancing revenue diversification. 7 | Aaron Industries Ltd. Investor Presentation

Value Addition

Specialized processing capabilities enable customized surface finishes and designs tailored to client specifications.

Quality Assurance

Ensures superior standards for both functional performance and aesthetic appeal in stainless steel products.