Onward Technologies Limited

8.58%

edded • Mechanical Engineering • • Digital Transformation • Enterprise IT 2,610 2,715 2,404 8.58% 8.58% 7.20% 1,425 3.72% 2 Focused industry verticals FY19 FY20 FY21 H1-FY22 • Transportat

7.20%

anical Engineering • • Digital Transformation • Enterprise IT 2,610 2,715 2,404 8.58% 8.58% 7.20% 1,425 3.72% 2 Focused industry verticals FY19 FY20 FY21 H1-FY22 • Transportation & Mobility

3.72%

ring • • Digital Transformation • Enterprise IT 2,610 2,715 2,404 8.58% 8.58% 7.20% 1,425 3.72% 2 Focused industry verticals FY19 FY20 FY21 H1-FY22 • Transportation & Mobility • Industrial

8%

high- growth verticals: Healthcare & Medical Devices, Hi-Tech H1-FY22 Segmental Revenue Digital 8% ITS, 21% Strong Financial Turnaround • Net debt-free, sound balance sheet & cash reserves • 5

21%

owth verticals: Healthcare & Medical Devices, Hi-Tech H1-FY22 Segmental Revenue Digital 8% ITS, 21% Strong Financial Turnaround • Net debt-free, sound balance sheet & cash reserves • 5-year PAT

18.16%

Financial Turnaround • Net debt-free, sound balance sheet & cash reserves • 5-year PAT CAGR at 18.16% • 6-year track-record of consistent dividend payout ER&D, 71% H1-FY22 Segmental Revenue Heal

71%

eserves • 5-year PAT CAGR at 18.16% • 6-year track-record of consistent dividend payout ER&D, 71% H1-FY22 Segmental Revenue Healthcare 7% Others 21% Industrial Equipment & Heavy Machinery 46%

7%

ear track-record of consistent dividend payout ER&D, 71% H1-FY22 Segmental Revenue Healthcare 7% Others 21% Industrial Equipment & Heavy Machinery 46% Transportaion & Mobility, 26% 2 Who We

rs 21

k-record of consistent dividend payout ER&D, 71% H1-FY22 Segmental Revenue Healthcare 7% Others 21% Industrial Equipment & Heavy Machinery 46% Transportaion & Mobility, 26% 2 Who We Are – Some

46%

71% H1-FY22 Segmental Revenue Healthcare 7% Others 21% Industrial Equipment & Heavy Machinery 46% Transportaion & Mobility, 26% 2 Who We Are – Some Key Milestones • Pune city chosen for expan

26%

Healthcare 7% Others 21% Industrial Equipment & Heavy Machinery 46% Transportaion & Mobility, 26% 2 Who We Are – Some Key Milestones • Pune city chosen for expanding operations • Engineering De

53%

Mumbai Bengaluru Pune Hyderabad Chennai Tokyo FY21 Revenue Breakup – Client Location India 53% 6 Of global top-10 automotive companies 5 Of global top-8 heavy machinery companies USA 36% Eur

“• Over the last 5 years, this industry has witnessed a 75% growth in employee-base and a 11% CAGR in revenues, while significantly supporting their global organizations digital transformation journey.”

“Source: Nasscom, Zinnov, FutureFactor360 USD 1.2 Tn 2020 Global ER&D Spend Expected future CAGR of 7% USD 35.9 Bn 1.4 Mn+ Indian ER&D Exports 18-20% share of Indian IT industry revenue ER&D employees 12-13% share of industry workforce +1,430 Global Capability Centres in India ER&D Market Size (In USD Bn) 1,200 36 2020 2,200 85 E2025 India Global 12 Digital Transformation • • The covid-19 pandemic has accelerated the demand for hi-tech by shrivelling human activity into a world of apps.”

“Global digital penetration has been reset at lower levels in light of emerging realities, thereby resetting the high-growth phase for technology from up to FY24 to up to FY27 in the least.”

“Indian Digital Economy USD 200 Bn 2020 USD USD 1 Tn 200 Bn 2020 2025 Key Drivers • • Digital Engineering is accelerating across industries and is led by Software & Internet, which accounts for USD 160 Billion and is expected to grow at a 22% CAGR to reach USD 527 Billion by 2025.”

“Indian software industry body Nasscom forecasts 15-20% CAGR growth in digital transformation spend globally.”

Business Issue

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Business Issue

Effort intensive and manual review of 2D & 3D drawings Challenge/s: Errors due to absence of intuitive & automated tools Services & Benefits: Designed and developed container- based architecture on the cloud ML model that could learn test cell output and feedback to NPI programs Image processing and Image-based search Productivity doubled to 55% with 92% accuracy Product Re-design Value Engineering Business Issue A major healthcare facility was looking to revamp and re-design their hospital beds

Business Issue

Steadily increasing costs to build a locomotive engine Challenge/s Old Hospital beds were uncomfortable and posing risks to patients Services & Benefits Design specialists reverse engineered the entire hospital bed basis only photographs and w/o any CAD models/drawings Embedded new electronic parts to automate the bed for enhanced patient safety and comfort Compatible 3D printing designs developed for cost-effective production. Challenge/s Too many parts and suppliers across the globe Services & Benefits Consulting led by domain experts in the manufacturing and design process Cost engineered the client’s entire diesel locomotive engine Also supported the client in finding low-cost vendors >$4 mn in overall cost savings 10 INDUSTRY OVERVIEW 11 Engineering R&D Service Industry • In 2020, the global Engineering R&D spend was USD 1.2 Tn, with corporate Engineering R&D spend being USD 772 Bn. In 2021, Indian firms clocked USD 35.9 Billion in ER&D service exports, according to NASSCOM. • • A

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