Greaves Cotton Limited

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and changes in the foreign exchange control regulations in India. Neither Greaves, nor our directors, or any of our subsidiaries/associates assume any obligation to update any forward-looking statement

100%

and inaugurated an automated motor and controller conveyor line at the Shendra plant, operated 100% by women workforce. TRUSTED FUTURE-READY INNOVATIVE Engineering Solutions Company 4 1. Our Sto

78%

Transformed Revenue mix at H1FY26 with a balanced multi-business portfolio 100% 100% Engines 78% Aftermarket 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7

22%

nue mix at H1FY26 with a balanced multi-business portfolio 100% 100% Engines 78% Aftermarket 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7% H1FY26 1% • P

51%

th a balanced multi-business portfolio 100% 100% Engines 78% Aftermarket 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7% H1FY26 1% • Pioneer in single-cyl

rs 19

% Engines 78% Aftermarket 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7% H1FY26 1% • Pioneer in single-cylinder diesel engines • Focused largely on automoti

7%

% Aftermarket 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7% H1FY26 1% • Pioneer in single-cylinder diesel engines • Focused largely on automotive engines

1%

et 22% FY16 Engines 51% Retail / Aftermarket E-Mobility Excel Others 19% 22% 7% H1FY26 1% • Pioneer in single-cylinder diesel engines • Focused largely on automotive engines Multi-prod

INR 2,600

1. Our Story Trusted future-ready Engineering Company 165+ yrs Rich Engineering Excellence INR 2,600Cr+ Revenue 1 INR 380Cr+ EBITDA 60 lakh+ Engines in use 13% International Business Revenue1

INR 380

uture-ready Engineering Company 165+ yrs Rich Engineering Excellence INR 2,600Cr+ Revenue 1 INR 380Cr+ EBITDA 60 lakh+ Engines in use 13% International Business Revenue1 1 lakh+ Gensets in use

60 lakh

ring Company 165+ yrs Rich Engineering Excellence INR 2,600Cr+ Revenue 1 INR 380Cr+ EBITDA 60 lakh+ Engines in use 13% International Business Revenue1 1 lakh+ Gensets in use 1. FY 26 – for Co

13%

Rich Engineering Excellence INR 2,600Cr+ Revenue 1 INR 380Cr+ EBITDA 60 lakh+ Engines in use 13% International Business Revenue1 1 lakh+ Gensets in use 1. FY 26 – for Core Businesses (ie agg

“Synthesis Greaves.Next: growing in scale while diversifying in mix Deliberate multi-segment expansion to a future-ready, diversified engineering company 14% 59% 27% FY25 Revenues 5 year CAGR 10-15% 15-20% 25-30% 16-20% overall 10-15% 50-55% 35-40% FY 30 Revenues Note: Please read this slide in conjunction with the slide on Disclaimers (ie slide no.”

“Synthesis Greaves.Next: Way ahead Focused on sustained organic growth, complemented by selective inorganic opportunities Organic Growth Engine 16-20 CAGR % Priority on execution discipline, portfolio mix optimization and capital efficiency EBITDA margins 13 - 15% Investing in product development, capability improvement, automation, and modernization Prudent Investment Plan ₹ 500 – 700 cr.”

Products targeted

2

Products targeted

• Energy Solutions • Large Industrial engines for firefighting Expanding global OEM partnerships • Microcar engine supply partnership with European OEMs-Ligier • Machined Components supply to a large US OEM Reliable & cost-efficient delivery model • Strong global logistics partnerships enabling seamless worldwide connectivity • Proven ability to deliver at scale across global markets 25 Agenda Our Story Our businesses What powers us • R&D • Manufacturing operations • Other enablers What we are building ahead Synthesis 26 R&D 27 3. What Powers Us – R&D R&D Strengths & Capabilities Manpower Product development Certification Centre of excellence • 120+ trained team • Developed gensets • Member of • Design and members with Biodiesel, Ethanol capabilities • Advanced Engineering team for technology and incubate projects • Development of engines for Tractor application meeting Trem V and Euro V regulations • End to End Solution provider for Automotive Powertrain - ICE / EV Simulation, Proto b