Bharat Wire Ropes Limited

rs,

ubject: Regulation 30 – Earnings Presentation – Q3-FY 2023-24 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. BSE Scrip Code: 539799 Pursuant to the regulation 30 of Securiti

72,000 MT

0+ countries Integrated state-of-the-art wire rope plants with a Total Manufacturing Capacity of 72,000 MTPA Employing over 1,000 people Latest Technologies like high speed Stranding Machine, Zero liqui

32%

ing Machine, Zero liquid discharge facilities from Germany, U.K. and Korea 3 year CAGR Revenues: 32% EBITDA: 69% 2 Company Overview Company Overview • Bharat Wire Ropes Limited (“BWR”) was origina

69%

Zero liquid discharge facilities from Germany, U.K. and Korea 3 year CAGR Revenues: 32% EBITDA: 69% 2 Company Overview Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorpor

6,000 MT

ashtra. • The company has two manufacturing plants, one in Atgaon, Maharashtra, with a capacity of 6,000 MTPA and one in Chalisgaon, Maharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA

66,000 MT

, Maharashtra, with a capacity of 6,000 MTPA and one in Chalisgaon, Maharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA Margins (%) 5,891 27.86% 4,747 4,107 23.56% • BWR is one of

27.86%

gaon, Maharashtra with a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA Margins (%) 5,891 27.86% 4,747 4,107 23.56% • BWR is one of the leading manufacturer of specialty steel wire, steel wire

23.56%

a capacity of 66,000 MTPA. Revenues (INR Mn) and EBITDA Margins (%) 5,891 27.86% 4,747 4,107 23.56% • BWR is one of the leading manufacturer of specialty steel wire, steel wire ropes, slings & stran

12.99%

el wire, steel wire ropes, slings & strands, with over thousands of varieties of products. 2,502 12.99% 15.12% • The Company has the capability of manufacturing wire ropes ranging from 6 mm to 90 mm an

15.12%

steel wire ropes, slings & strands, with over thousands of varieties of products. 2,502 12.99% 15.12% • The Company has the capability of manufacturing wire ropes ranging from 6 mm to 90 mm and Steel

15%

stralia, Middle East, Nepal, New Zealand, UK, US, Singapore, South Africa, Vietnam and many more. 15% • The company caters to government, semi-government organizations, private organizations and also

85%

vernment, semi-government organizations, private organizations and also multi-national companies. 85% Export Domestic 4 Exporting to 50+ countries across the Globe North America Canada USA Euro

Operational Highlights

1

Valorem Advisors Disclaimer

1

Operational Highlights

EBITDA INR 438 Mn +19.3% YoY EBITDA Margins 27.86% +243 Bps PAT Margins 16.73% +363 Bps Diluted EPS INR 3.88/Share +31.5% YoY • • • During Q3-FY24 the sales volume increased by 10% YoY EBITDA margin further improved from 25% in Q3-FY23 to 28% in Q3-FY24 driven by lower raw material and power and fuel cost. Power and Fuel Cost stood at 7% of sales in Q3-FY24 as against 10% in Q3-FY23 Improvement in profitability was mainly on account of: o Increase in sales realizations o Increase in volumes Q4-FY21 Financial Performance 9M-FY24 Financial Performance o Focus on high-value-added products EBITDA INR 1265 Mn +36% YoY EBITDA Margins 26.65% +485 Bps PAT Margins 15.69% +484 Bps Diluted EPS INR 10.97/Share +51.9% YoY o Reduction of interest-bearing borrowings o Accumulation of credential track record • • Current capacity utilization is approximately 58% Order book position equivalent to 3-4 months of operation 10 Key Operational Highlights – Q3-FY24 Volume (In MT) Operational Revenue (INR Mn)

Valorem Advisors Disclaimer

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. For further information please contact our Investor Relations Representatives: Valorem Advisors Mr. Anuj Sonpal, CEO Tel: +91-22-49039500 Email: bwr@val