Automotive Axles Limited

₹913

AUTOMOTIVE AXLES LIMITED May, 2021 SNAPSHOT FY21 FY21: REVENUE > ₹913 Cr; EBIDTA ₹73 Cr (8%); PBT ₹30.16 Cr (3.31%) Rebounded market and our improved performance Q4 MAN

₹73

AUTOMOTIVE AXLES LIMITED May, 2021 SNAPSHOT FY21 FY21: REVENUE > ₹913 Cr; EBIDTA ₹73 Cr (8%); PBT ₹30.16 Cr (3.31%) Rebounded market and our improved performance Q4 MANUFACTURING LOCA

8%

AUTOMOTIVE AXLES LIMITED May, 2021 SNAPSHOT FY21 FY21: REVENUE > ₹913 Cr; EBIDTA ₹73 Cr (8%); PBT ₹30.16 Cr (3.31%) Rebounded market and our improved performance Q4 MANUFACTURING LOCATIONS

₹30.16

TOMOTIVE AXLES LIMITED May, 2021 SNAPSHOT FY21 FY21: REVENUE > ₹913 Cr; EBIDTA ₹73 Cr (8%); PBT ₹30.16 Cr (3.31%) Rebounded market and our improved performance Q4 MANUFACTURING LOCATIONS - 4 Manufactur

3.31%

LES LIMITED May, 2021 SNAPSHOT FY21 FY21: REVENUE > ₹913 Cr; EBIDTA ₹73 Cr (8%); PBT ₹30.16 Cr (3.31%) Rebounded market and our improved performance Q4 MANUFACTURING LOCATIONS - 4 Manufacturing locat

35.5%

- 4 Manufacturing locations Mysore, Jamshedpur, Pantnagar, Hosur EQUITY SHARE: Meritor Inc, USA – 35.5%, Kalyani Group – 35.5%, Public – 29% WORKFORCE - 2,000+ employees CUSTOMERS – All major CV, spec

29%

mshedpur, Pantnagar, Hosur EQUITY SHARE: Meritor Inc, USA – 35.5%, Kalyani Group – 35.5%, Public – 29% WORKFORCE - 2,000+ employees CUSTOMERS – All major CV, specialty and defense OEMs PRODUCTS – Ax

80%

them and to boost their morale. Initiatives ▪ Arranged vaccination camp at AAL Mysore. More than 80% of 45+ employees got vaccinated as on date. ▪ Arranging more such camps to facilitate employees in

rs 5

rm system are made 4 DIVERSE End Markets and Major Customers Diverse End Markets Major Customers 5 MOST COMPREHENSIVE Axle & Brake Offerings 6 NEW AXLE ASSEMBLY PLANT ~ Industry V4.0 enabled Axle

₹ 4,267

OGY Initiatives Welding Machining Gear Assembly 9 FINANCIAL RESULTS: Q4 Performance Sales ₹ 4,267 149 % ₹ 1,712 Values in INR Mn Full Year Performance Sales ₹ 9,126 5 % ₹ 9,597 EBIDTA PBT

149 %

atives Welding Machining Gear Assembly 9 FINANCIAL RESULTS: Q4 Performance Sales ₹ 4,267 149 % ₹ 1,712 Values in INR Mn Full Year Performance Sales ₹ 9,126 5 % ₹ 9,597 EBIDTA PBT Q4 FY

₹ 1,712

Welding Machining Gear Assembly 9 FINANCIAL RESULTS: Q4 Performance Sales ₹ 4,267 149 % ₹ 1,712 Values in INR Mn Full Year Performance Sales ₹ 9,126 5 % ₹ 9,597 EBIDTA PBT Q4 FY21 459 10

FINANCIAL RESULTS

1

Revenue

1

EBITDA

1

PBT

1

FINANCIAL RESULTS

Q4 Performance Sales ₹ 4,267 149 % ₹ 1,712 Values in INR Mn Full Year Performance Sales ₹ 9,126 5 % ₹ 9,597 EBIDTA PBT Q4 FY21 459 10.8% Q4 FY21 362 8.5% Q4 FY20 200% 153 8.9% Q4 FY20 596 % 52 3% Q4 FY21 Q4 FY20 10 FY20-21 FY19-20 EBIDTA 729 27 % 1010 PBT 8% 10.5% FY20-21 FY19-20 302 49 % 3.3.% 600 6.2% FY20-21 FY19-20 Q4 Financial Highlights Q4 FY2021 Results REVENUE ₹4267 Mn EBITDA ₹459 Mn 10.8% PBT ₹362 Mn 8.5% Impact of Pandemic & Recovery Trend Sales 149% Increase ₹ 4,267 ₹ 1,712 Q4 FY20 Q4 FY21 Production Rate on Increasing Trend 45% 80% Key Highlights

EBITDA

▪ Commodity price increase ▪ Protect and grow EBITDA ▪ Continuous focus on revenue improvement, cost reduction and new product development as part of Mission 25 Strategy 300% (35 ~40%)

PBT

▪ No working capital borrowing Q1 Q2 Q3 Q4 Q1 FCST Continuous focus on Cost Control and Process Improvement COVID spread in May 2021, OEM not operating full in May 21 > impact revenue in Q1 2022. Market expected to be normal in Q2 11 KEY ACTIONS to Manage Business Successfully Business Growth Strategy Cost Measures Safety Practices ▪ New Business wins and opportunities in pipeline ▪ Improve operational performance & Increase share of business with OE ▪ Product Development – Launch of New products ▪ Drive e-mobility business ▪ Digitalization – Implementation of Industry 4.0 ▪ Geared up with capacity to cater to rising market demand ▪ Cost reduction measures at organization ▪ Regular and continuous audits led by the and plant level Management Team to ensure safety protocols ▪ Significant savings expected through M2022 ▪ Multi-shift operations continue across timeframe locations ▪ Further cost measures in place for ▪ Monitoring Covid -19 tests, results and Conversion, Material and Manpowe