Hitachi Energy India Limited

12 Million

ity Solutions (substation execution business) Protect our people – three focus areas INCIDENTS 12 Million Manhours 135 Project Sites - YEARS AND COUNTING ... 89%+ of eligible employees have been va

rs 135

ubstation execution business) Protect our people – three focus areas INCIDENTS 12 Million Manhours 135 Project Sites - YEARS AND COUNTING ... 89%+ of eligible employees have been vaccinated through

89%

ree focus areas INCIDENTS 12 Million Manhours 135 Project Sites - YEARS AND COUNTING ... 89%+ of eligible employees have been vaccinated through concerted efforts of crisis team HITACHI ABB

INR 848.9

21. All rights reserved 3 Top-line stability despite COVID-19 headwinds HITACHI ,~II Orders INR 848.9 cr Revenue INR 1,023.8 cr PBT (before exceptional items) INR 53.7 cr PBT (after exceptional it

INR 1,023.8

3 Top-line stability despite COVID-19 headwinds HITACHI ,~II Orders INR 848.9 cr Revenue INR 1,023.8 cr PBT (before exceptional items) INR 53.7 cr PBT (after exceptional items) INR 53.7 cr PAT I

INR 53.7

s HITACHI ,~II Orders INR 848.9 cr Revenue INR 1,023.8 cr PBT (before exceptional items) INR 53.7 cr PBT (after exceptional items) INR 53.7 cr PAT INR 39.4 cr t • t • • 2.8% QoQ (1.9)%

INR 39.4

cr PBT (before exceptional items) INR 53.7 cr PBT (after exceptional items) INR 53.7 cr PAT INR 39.4 cr t • t • • 2.8% QoQ (1.9)% QoQ 16.6% QoQ (28.9)% QoQ (28.3)% QoQ • t t t t Rob

2.8%

items) INR 53.7 cr PBT (after exceptional items) INR 53.7 cr PAT INR 39.4 cr t • t • • 2.8% QoQ (1.9)% QoQ 16.6% QoQ (28.9)% QoQ (28.3)% QoQ • t t t t Robust cash collection despi

16.6%

BT (after exceptional items) INR 53.7 cr PAT INR 39.4 cr t • t • • 2.8% QoQ (1.9)% QoQ 16.6% QoQ (28.9)% QoQ (28.3)% QoQ • t t t t Robust cash collection despite challenging market

26.2%

spite challenging market Company remains debt-free at close of Q1-21 (9.1)% YoY Key order wins 26.2% YoY 29.5% YoY 35.4% YoY 34.9% YoY ▪ ▪ ▪ ▪ ▪ ▪ INR 117cr 400kV GIS substation order from

29.5%

enging market Company remains debt-free at close of Q1-21 (9.1)% YoY Key order wins 26.2% YoY 29.5% YoY 35.4% YoY 34.9% YoY ▪ ▪ ▪ ▪ ▪ ▪ INR 117cr 400kV GIS substation order from BALCO INR

35.4%

et Company remains debt-free at close of Q1-21 (9.1)% YoY Key order wins 26.2% YoY 29.5% YoY 35.4% YoY 34.9% YoY ▪ ▪ ▪ ▪ ▪ ▪ INR 117cr 400kV GIS substation order from BALCO INR 160cr order

“▪ Successful charging of bay extension project at cement major ▪ Successful completion GIS project involving 400 kV/220kV and 132 kV GIS for T&D operator”

Digital connect

1

Enabling business continuity

1

Market wins

1

Digital connect

▪ Order for 24/7 Phone Support for HVDC link in western India ▪ Real-time remote technical support to T&D operators

Enabling business continuity

▪ Successful charging of bay extension project at cement major ▪ Successful completion GIS project involving 400 kV/220kV and 132 kV GIS for T&D operator

Market wins

Exports reflecting dampening effect of COVID19 ▪ Supply of power transformers to Transeleca Colombia ▪ Substation package South African market including supply of 220kV and 66kV power transformers ▪ Order for 132 kV, 220 kV capacitor voltage transformers & 36 kV to 245 kV disconnectors for Nampower ▪ Capacitors orders for power quality from central Bangladesh utility ▪ Life Cycle Automation Service orders from Oil & Gas majors ▪ Transformer Repair Order from Sembcorp & Tata Steel ▪ Order for 220 kV altitude and tremor resistant circuit breakers & disconnectors for Isotron, Chile Service and export orders continue to range in 15-20% of total orders HITACHI ABB POWER GRIDS © Hitachi ABB Power Grids 2021. All rights reserved 11 Profit & Loss Statement HITACHI Jl 1111 111100 INR crore 12M 2020 Performance Indicator Q1, 2021 Q4, 2020 QoQ % Q1, 2020 YoY% 3,217.7 4,954.8 3,438.9 171.8 28.1 7.4 136.3 5.0% 4.0% 99.8 2.9% 194.5 5.7% Total Orders Received Order Backlog (end of period) Revenue Pro