Automotive Axles Limited

₹913

AUTOMOTIVE AXLES LIMITED August, 2021 SNAPSHOT FY21 FY21: REVENUE - ₹913 Cr; EBIDTA - ₹73 Cr (8.0%); PBT - ₹30 Cr (3.3%) MANUFACTURING LOCATIONS - 4 Manufacturing locations

₹73

AUTOMOTIVE AXLES LIMITED August, 2021 SNAPSHOT FY21 FY21: REVENUE - ₹913 Cr; EBIDTA - ₹73 Cr (8.0%); PBT - ₹30 Cr (3.3%) MANUFACTURING LOCATIONS - 4 Manufacturing locations Mysore, Jamshed

8.0%

AUTOMOTIVE AXLES LIMITED August, 2021 SNAPSHOT FY21 FY21: REVENUE - ₹913 Cr; EBIDTA - ₹73 Cr (8.0%); PBT - ₹30 Cr (3.3%) MANUFACTURING LOCATIONS - 4 Manufacturing locations Mysore, Jamshedpur, Pan

₹30

AXLES LIMITED August, 2021 SNAPSHOT FY21 FY21: REVENUE - ₹913 Cr; EBIDTA - ₹73 Cr (8.0%); PBT - ₹30 Cr (3.3%) MANUFACTURING LOCATIONS - 4 Manufacturing locations Mysore, Jamshedpur, Pantnagar, Hosur

3.3%

IMITED August, 2021 SNAPSHOT FY21 FY21: REVENUE - ₹913 Cr; EBIDTA - ₹73 Cr (8.0%); PBT - ₹30 Cr (3.3%) MANUFACTURING LOCATIONS - 4 Manufacturing locations Mysore, Jamshedpur, Pantnagar, Hosur EQUITY

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

95%

ON - #1 in Axles (independent) & #2 in Brakes 2 COVID Update Current Status Total Vaccination > 95%* employees vaccinated Key Initiatives ▪ Vaccination camps for employees and families ▪ Set up a

3 crore

employee morale ▪ Donated mobile labs for improving diagnostics reach to rural areas ▪ Donated 3 crores to PM cares fund ▪ Donating oxygen generation plant to the hospital 3 3 DIVERSE End Markets a

rs 4

to the hospital 3 3 DIVERSE End Markets and Major Customers Diverse End Markets Major Customers 4 MOST COMPREHENSIVE Axle & Brake Offerings 5 NEW AXLE ASSEMBLY PLANT ~ Industry V4.0 Enabled Axle

₹ 2,561

OGY Initiatives Welding Machining Gear Assembly 8 FINANCIAL RESULTS: Q1 Performance Sales ₹ 2,561 523 % ₹ 411 Q1 FY22 Q1 FY21 EBIDTA 6.5% 123 % -28.0% Q1 FY22 Q1 FY21 PBT 3.0% 105 % -60

523 %

atives Welding Machining Gear Assembly 8 FINANCIAL RESULTS: Q1 Performance Sales ₹ 2,561 523 % ₹ 411 Q1 FY22 Q1 FY21 EBIDTA 6.5% 123 % -28.0% Q1 FY22 Q1 FY21 PBT 3.0% 105 % -60.3%

FINANCIAL RESULTS

1

Revenue

1

EBITDA

1

PBT

1

FINANCIAL RESULTS

Q1 Performance Sales ₹ 2,561 523 % ₹ 411 Q1 FY22 Q1 FY21 EBIDTA 6.5% 123 % -28.0% Q1 FY22 Q1 FY21 PBT 3.0% 105 % -60.3% Q1 FY22 Q1 FY21 9 Values in INR Mn Key Highlights

EBITDA

▪ Protect and grow EBITDA ▪ Continuous focus on revenue improvement, cost reduction and new product development as part of Mission 25 Strategy

PBT

▪ No working capital borrowing ▪ PBT might get impacted due to depreciation and interest cost Continuous focus on Cost Control and Process Improvement KEY ACTIONS to Manage Business Successfully Business Growth Strategy Cost Measures Safety Practices ▪ New Business wins and opportunities in pipeline ▪ Product Development – Launch of New products ▪ Drive eMobility business ▪ Digitalization – Implementation of Industry 4.0 ▪ Geared up with capacity to cater to rising market demand ▪ Cost control measures in place for ▪ Regular and continuous audits led by the Conversion, Material and Manpower cost control ▪ Commodity price increases gives temporary pressure in reflecting the true cost reduction in the financials ▪ Significant savings expected through M2022 timeframe Management Team to ensure safety protocols ▪ Multi-shift operations continue across locations ▪ Monitoring Covid -19 tests, results and recovery within the company 10 GROWTH through Mission 25 Strategy AAL Vs MHCV Market Grow