TINNARUBR

Date: July 21, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-1, Block G, Dalal Street, Mumbai-400001 Bandra Kurla Complex, Bandra (E), Mumbai-400051 BSE Scrip: 530475 NSE Symbol: TINNARUBR ISIN: INE015C01016 SUBJECT: INVESTOR AND EARNINGS CALL PRESENTATION Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, and in continuation to our letter dated July 15, 2026, please find enclosed Investor & Earnings Presentation of Tinna Rubber And Infrastructure Limited (“the Company”), on the financial and operational performance of the Company for the first quarter ended on June 30, 2026 (Q1-FY27). The aforesaid presentation shall also be available on Company’s website at https://tinna.in/notices- announcements/ You are requested to take the same on your records Thanking you Yours faithfully For TINNA RUBBER AND INFRASTRUCTURE LIMITED ______________ Sanjay Kumar Rawat Company Secretary ICSI M. No. : ACS23729 Enclosure: as above Tinna Rubber and Infrastructure Limited Investor & Earnings Presentation Q1-FY27 Rubber Gym Crumb Rubber Conveyor Rubber Polymer Moulded Tyres Masterbatches Recovered Pyrolysis Tiles Infill Belt Mat Composite Goods Carbon Black Oil Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Tinna Rubber and Infrastructure Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. Certain statements in this presentation concerning our future growth prospects are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to the statements include, but are not limited to, risks and uncertainties regarding fiscal policy, competition, inflationary pressures and general economic conditions affecting demand / supply and price conditions in domestic and international markets. The company does not undertake to update any forward- looking statement that may be made from time to time by or on behalf of the company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable. 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. The Company does not make any promise to update/provide such presentation along with results to be declared in the coming years. https://tinna.in/ 2 Table of Contents Performance Highlights – Q1 FY27 Company Overview Key Investment Highlights Annexures Q1 FY27 - Financial Highlights Revenue from Operations EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 50 22.0% 25.0% 50 20.0% 18.3% 40 15.6% 20.0% 40 13.3% 15.0% e n 30 15.0% 30 8.6% 11.0% o 10.0% l a 155 151 20 33 10.0% 20 d 127 28 5.0% n 10 20 5.0% 10 20 17 a 11 t S 0 0.0% 0 0.0% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 EBITDA EBITDA Margin PAT PAT Margin (%) 50 21.7% 25.0% 50 20.0% 18.2% d 40 16.0% 20.0% 40 13.2% 15.0% e t a 30 15.0% 30 9.0% 10.5% d 10.0% i 157 156 20 10.0% 20 l o 130 29 34 s 10 21 5.0% 10 21 5.0% n 17 12 o C 0 0.0% 0 0.0% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 EBITDA EBITDA Margin PAT PAT Margin (%) Figures are in INR Cr. unless otherwise stated https://tinna.in/ 5 Management Analysis on Q1 FY27 Results Achieved record quarterly profitability, with EBITDA exceeding Rs. 30 Cr, PAT surpassing Rs. 01 20 Cr, EBITDA margins above 21%, and PAT margins above 13% on both a standalone and consolidated basis. At the standalone level, Q1FY27 revenues increased by 18% and EBITDA & PAT margins 02 expanded by ~638 bps and ~471 bps, on a YoY basis, respectively. which is a further validation of our robust performance. 03 At the consolidated level, Q1FY27 Revenues increased by 20%, and EBITDA & PAT margins improved significantly by ~575 bps and 416 bps on YoY basis. Global Recycle LLC (Oman) reported a PAT of Rs. 0.34 crore in Q1FY27, marking a 31% increase over FY26. While profitability had been impacted in recent quarters by elevated raw 04 material costs, the implementation of corrective measures, including raw material imports into Oman, led to a meaningful improvement in profitability during the quarter. 05 Mbodla Investment Pty Ltd. (South Africa) and Tinna Rubber Arabia Ltd. (Saudi Arabia) reported a combined loss of Rs. 0.53 crore owing to initial start-up costs. TP Buildtech recorded revenue of Rs. 19 Cr. and EBITDA of Rs. 3 Cr. in Q1 FY27, while 06 continuing to scale its Construction Chemicals business through capacity expansion, marquee project execution, and improving plant utilization. 07 Renewable energy (Solar Power) has contributed savings of INR 1.19 Cr for Q1FY27. 08 The inventory of accrued EPR credits up to 31 March 2026 was fully monetized in Q1 FY27. https://tinna.in/ 6 TP Buildtech Q1 FY27 Financial Performance Financial Performance (INR Cr) Operational & Strategic Highlights Annual Performance - Trend Analysis In advanced stages of acquiring land in Western India 100 20% for a new manufacturing facility to expand 17% 01 80 construction chemicals capacity and new products 15% 14% under the construction systems applications. 60 9% 10% 87 40 75 8% 61 7% 64 Supplying construction chemicals to marquee 47 15 5% 20 9 infrastructure and industrial projects, including 4 4 6 Dhirubhai Ambani Green Energy Giga Complex, 0 0% Jamnagar (New Energy Project) Polyvinyl FY22 FY23 FY24 FY25 FY26 02 Alcohol (PVA) Plant, Nagothane, Maharashtra, Kalpataru Projects – DLF Privana West, Sales EBITDA EBITDA Margin Gurugram (Betongrouts M90) Quarterly Performance The Kolkata plant commenced 25 15% 03 production in Q4FY26 and is 21 12% 14% 19 progressing well, with utilization 20 expected to improve over the coming 10% 15 quarters. The three new construction 10 chemical product lines - grout repair, 5% mould release agents, and 5 2 3 accelerators are also expected to 0 0% scale up in the near term, further Q1FY26 Q1FY27 enhancing FY27 performance. Sales EBITDA EBITDA Margin https://tinna.in/ 7 Q1 FY27 Key Segment Performance - Infrastructure & Industrial Infrastructure Segment (INR Cr) Industrial Segment (INR Cr)* Q1FY27 62 Q1FY27 46 Q1FY26 58 Q1FY26 29 The Infrastructure segment recorded 33% volume growth and 7% revenue Achieved remarkable YoY volume growth of 27% and revenue growth of 58% in growth in Q1 FY27 on a YoY basis. While overall road construction activity Q1 FY27. remained subdued, contractors accelerated bituminous road surfacing layer works, supporting growth in the segment. The continued momentum in value-added products like MRP and RR was the key driver of revenue growth. The West Asia conflict causing bitumen supply shortages and elevated prices, created stronger demand for rubberized bitumen in road infrastructure projects Delivered robust export volume growth of 46% despite global economic due to rubberized bitumen being an inexpensive option. headwinds, supported by a healthy order pipeline. The Bitumen Emulsion business was impacted by temporary bitumen supply Rising raw material costs due to the West Asia conflict and the increasing focus shortages and subdued market demand, while the long-term outlook for on ESG goals within the tyre manufacturing industry continue to drive demand in Rubberized Bitumen remains strong, supported by the Government's focus on the industrial segment. reducing import dependence. Secured a 15,000 MT rubberized bitumen processing order, scheduled for execution during FY27. *EPR worth Rs. 6.75 Cr is included in the Industrial Segment in Q1FY27 https://tinna.in/ 8 Q1 FY27 Key Segment Performance - Consumer & Steel Consumer Segment (INR Cr) Steel Segment (INR Cr) Q1FY27 6 Q1FY27 26 Q1FY26 7 Q1FY26 26 Consumer segment volumes declined by 20% during the quarter due to three key Revenue remained stable on a YoY basis despite a slight decline in volumes, factors: supported by improved realizations following price corrections. o Sharp increase in raw material prices following the West Asia conflict. Steel abrasive sales maintained steady performance during the quarter. o Import-export disruptions caused delays in the availability of imported raw materials to the turfing industry. Appointed as the Exclusive Authorized Distributor for Zibo TAA Metal Technology Co., Ltd., China for steel abrasives distribution across India. o Nearly threefold increase in binder and synthetic grass prices, resulting in a Transition of customers will start from Q4FY27. slowdown in track and turfing project execution. The steel abrasives business is expected to achieve ~30% volume growth in FY27. This segment will bounce back once these scenarios stabilize. https://tinna.in/ 9 Key Operational Performance Quarterly Performance Annual Capacity Volume of Tyres Processed (MT) Tyre Crushing Capacity (‘000 MT) 60,000 235 49,382 50,000 44,238 185 170 40,000 32,786 30,000 90 80 20,000 72 10,000 10 15 15 15 3,465 2,523 2,912 - Q1FY26 Q4FY26 Q1FY27 FY22 FY23 FY24 FY25 FY26 FY27E India Oman India Oman Q1FY27 actual capacity utilization stood strong at 88% India recorded a strong 35% growth in tyre crushing volumes for India and 78% for Oman. on a YoY basis, while tyre crushing volumes in Oman remained temporarily subdued due to the West Asia conflict. Figures are in Metric Tons (MT) unless otherwise stated; E = Estimated https://tinna.in/ 10 Key Q1 FY27 Operational Highlights India's tyre crushing volumes grew by a robust 35% YoY to 44,238 TPA in Q1 FY27. Sequential volumes 01 moderated by 10% due to lower crumb requirements following softer consumer segment demand. 02 Crumb rubber production remained stable, with a higher proportion utilized for value-added products such as Micronized Rubber Powder (MRP) and Reclaimed Rubber (RR). Q1 FY27 production volumes demonstrated strong momentum, with MRP and RR volumes growing 28% and 03 37% YoY, respectively, supporting the Industrial segment's strong performance. 04 The ongoing 3,500 MTPA MRP capacity expansion is progressing as planned and remains on track for commissioning by Q3 FY27, increasing the Company's total MRP capacity to 20,000 MTPA. Over the last two years, Tinna has expanded its capability to process all types of ELT tyres, enhancing 05 feedstock flexibility and resulting in 10–15% raw material cost savings. The Tyre Pyrolysis Oil (TPO) facility at Varale commenced trial runs in Q1 FY27 and is expected to commence 06 commercial sales in Q2 FY27, with operations stabilizing by Q3 FY27. Recovered Carbon Black (rCB) production is scheduled to commence in Q3 FY27, followed by operational stabilization and commercial sales in Q4 FY27. The Polymer Composite & Masterbatch (PCMB) business, with an initial capacity of 6,000 TPA, is currently 07 operating at 82% capacity utilization. Additional capacity of 12,000 TPA at Gannaur (Sonipat), Haryana, has been commissioned in Q1FY27. This business vertical is expected to contribute around 10% to FY27 revenue. https://tinna.in/ 11 Key Q1 FY27 Strategic Highlights & ESG Initiatives Established a wholly owned subsidiary, Tinna Rubber Chile SpA, in Santiago, Republic of Chile, to strengthen the Company's global ELT sourcing 01 network and expand its international recycling footprint. 02 Completed Rs. 27 Cr. of capex in Q1 FY27 against the planned ~Rs. 100 Cr. investment over FY27–FY28. The Varale plant achieved ISO 9001, ISO 14001, and ISO 45001 certifications, reaffirming its commitment to global quality and sustainability 03 standards. Fully Integrated Tyre Recycling Complex with FY26 TÜV-verified Life Cycle Assessment (LCA) validated over 10.37 million kg of CO₂ emissions reduction across the Company's two Rooftop Solar at Varale (Maharashtra) 04 fully integrated manufacturing locations. Renewable energy integration lowered emissions by up to 58.7% and delivered improvements across nearly all environmental impact parameters, with further gains expected through higher captive renewable energy usage. Commissioned rooftop solar installations at Gummidipoondi, Tamil 05 Nadu (999 kWp) in June 2026 and Varale, Maharashtra (2,218 kWp) in July 2026, further strengthening the Company's renewable energy footprint. Renewable energy contributed 51% of the Company's total power 06 consumption in Q1 FY27, backed by a 3x+ expansion in renewable capacity (1.23 MW to 4.48 MW) and strategic third-party solar sourcing initiatives. https://tinna.in/ 12 Priority R&D Initiatives 01 Rs. 5 Cr. was allocated to R&D for FY27. An R&D team has been constituted to aggressively work on 02 technology for high-performance, new-generation recycled rubber materials and engineered plastics. The company is aggressively pursuing for the value-addition 03 to the recovered fibre from passenger car tyres. 04 Continued efforts to further upgrade TPO quality for value- added applications. https://tinna.in/ 13 Update on International Projects (1/3) CEO Waste Bureau of South Africa and his Team visited Tinna’s Facility South Africa Phase 1 capex is completed, with breakeven expected by end 01 of Q2FY27 onwards, and operations have begun, and subsequently, export of the semi-processed material has started. The second phase of the project, focused on full-scale tyre 02 South Africa Plant recycling, has been initiated. Commencement of crumb rubber production is expected in Q2 FY27, with timelines impacted by supply chain disruptions arising from the West Asia conflict. Initial crumb rubber production line planned with a capacity of 03 9,000 MTPA. https://tinna.in/ 14 Update on International Projects (2/3) Indian High Commissioner visited our plant in Oman Oman 01 Plant is running successfully at 78% capacity utilization. Tinna hosted a delegation from the Environment Authority of Oman 02 Q1FY27 Revenue contributed by Oman is approx INR 9 Cr. Higher inventory at Global Recycle was driven by elevated 03 shipping freight costs impacting exports and lower raw material consumption by GCC customers due to subdued export activity. 04 Performance was impacted by elevated raw material costs, putting pressure on revenue and margins in the last few quarters. Following corrective actions, including raw material imports into Oman, profitability improved in Q1 FY27. 05 The initiatives undertaken were reflected in the improved EBITDA margin of 8.53% achieved in Q1 FY27. https://tinna.in/ 15 Update on International Projects (3/3) Saudi Arabia https://tinna.in/ 16 emaps om • 01 Tinna has outlined plans to set up a tyre recycling plant in Saudi Arabia, and accordingly, the company has been formed with the name Tinna Rubber Arabia Ltd. • 02 Initial plan is to set up a capacity of 24,000 MT per annum of tyre recycling. • 03 A 13,000-square-metre plot has been allocated to Tinna, with construction expected to begin in mid-FY27, subject to normalization of the situation in the Middle East. • 04 Management has prudently revised the project implementation timeline in light of evolving geopolitical uncertainties in West Asia and the GCC region, as ongoing supply chain and logistics disruptions continue to impact the broader industry. Polymer Composite & Masterbatch (PCMB) Business – Project Update Sales Volume Growth & Utilization Improvement Sales Volume (in Metric Ton) Sales Milestone Achieved – Revenue grew 01 threefold, rising from Rs. 4 Cr. in Q1 FY26 to 1,085 1076 Rs. 12 Cr. in Q1 FY27. Revenue Outlook - The division contributed 02 363 around 8% to Q1FY27 turnover and is targeting an annual revenue contribution of approximately 8-10% in FY27. Q1FY26 Q4FY26 Q1FY27 PCMB Capacity Expansion Commissioned - 03 Expanded PCMB capacity to 18,000 MTPA PCMB plant at Gannaur through the commissioning of a new facility near Panipat at Gannaur. EPR Credit Generation Enabled - 04 Successfully registered on the Government portal as an authorized recycler, allowing the Company to generate EPR credits from plastic recycling from 1st April 2026. https://tinna.in/ 17 Tyre Pyrolysis Oil (TPO) & Recovered Carbon Black (rCB) - Project Update Inaugural Dispatch from rCB & TPO Facility at Varale The Tyre Pyrolysis Oil (TPO) facility at Varale commenced trial runs in Q1 FY27 and is expected to commence commercial 01 sales in Q2 FY27, with operations stabilizing by Q3 FY27. Recovered Carbon Black (rCB) production is scheduled to commence in Q3 FY27, followed by operational stabilization and commercial sales in Q4 FY27. The company is aggressively pursuing the value addition to the 02 tyre processing oil by upgrading its specifications so that the application areas can be widened. Undertaken major equipment upgrades and enhancements to 03 rCB & TPO Project Process deliver the highest-quality rCB in the country. Full end-to-end integration has been planned, from tyre recycling 04 to powdered and pelletized rCB production. https://tinna.in/ 18 Vision 2029 : Powering the Next Phase of Growth Locations - 10 OUR PRIORITIES Revenue - INR 1,000 Cr Shareholder Value Creation | Strong Corporate Revenue (3 Yrs CAGR) - 25%+ Governance | Judicious Use of Capital Profitability Growth (3 Yrs CAGR) - 33%+ EBITDA Margin – 18%+ Vision 2029 ROCE - 30%+ Locations - 8 Revenue - INR 546 Cr Revenue (3 Yrs CAGR) – 23% Profitability Growth (3 Yrs CAGR) – 34% EBITDA Margin - 17% ROCE - 23% FY26 hhttttppss::////ttiinnnnaa..iinn// 1199 Among the Largest ELT Recyclers Globally Expanding tire crushing capacity, diverse ELT sourcing, …have helped Tinna achieve a strong financial performance* & global operations… Source of ELT tyres 17.13% 9.68% Europe Manufacturing presence EBITDA Margin (%) PAT Margin (%) Planned expansion FY26 FY26 Middle Eastern USA countries Oman 0.39x 7.49x Net Debt to Equity Interest Coverage FY26 FY26 South Africa Chile Australia 22.56% 18.71% Tyre-crushing capacity of Plans to expand installed Return on Capital Return on Equity (%) 2,00,000 MT at the end of FY26 capacity going forward Employed(%) FY26 FY26 Market Leadership Industry Experience Diverse Product Portfolio Integrated Operations Among the largest ELT 45+ Years of Industry One of the most diverse product portfolios globally, Fully Integrated operations from ELT collection Recyclers Globally Experience; Founded in 1977 among companies using waste tyre as a feedstock to recycled material production * Figures & metrics as per Consolidated Financial statements; EBITDA : Earnings before interest, taxes, depreciation and amortization; PAT : Net Profit After Tax https://tinna.in/ 21 Waste to Wealth - 400% Value Addition to Waste Automobile Rubber Parts 80, 120, 140, 170 MESH (MRP) Conveyor Belts Reclaim Rubber RUBBER D i v e Roads r s 30/40 MESH e s e t o Sports Turfs f CRUMB RUBBER CRMB a p End of Life Tyres MODIFIER (CRM) for CRM + Bitumen p l road top layer application c i (ELT) a t i o n Gym Tiles BEAD WIRES Steel Abrasives STEEL Rubber Pipes SCRAP New Tyres https://tinna.in/ 22 Tinna’s Business Model is Unique with Strong Moats Most Diversified Geographical Base With Global & Pan India Presence Most Diversified Customer Base Diversified Product Applications Most Diversified Raw Material Sector Agnostic Applications Base Long-standing 45+ years of Exceptional Product Customization industry experience OEM Approvals Multinational Procurement Network https://tinna.in/ 23 Strong Focus on Sustainability Circular Economy Make Use Collect Transform Reuse 8* 1,67,000* 2,50,000* Recycling Tonnes of tyres - Tonnes of CO2 Plants yearly recycling emissions - yearly saving TRIL recovers ~99% material This recycled material is further 10 million** 4,50,000** 1,50,000** from ELT, converting them into supplied to various customers specialized and high quality and help them to reduce Tyres back in Tonnes recycled Tonnes of steel back recycles material consumption of virgin polymers circular economy rubber products in economy *Data for FY26; ** Cumulative Data for the last 12 years https://tinna.in/ 24 Our Journey so Far 1977 1980 1982 1987 1990 Group founded under the Tie-up with Japan synthetic Introducing light weight TRIL was incorporated Commenced export of Thermo visionary leadership of Rubber for footwear rubber slippers under the and commissioned leather Plastic Rubber compounds Mr. Bhupinder Kumar Sekhri soling sheets brand name “Tinna” footwear manufacturing unit to Russia and Europe 2013 2010 2001 1995 Set up waste Tyre recycling Entered Bitumen Set up CRMB plant at TRIL was listed on plant at Mumbai and Panipat Emulsion Business Panipat, Mathura & Haldia Bombay Stock Exchange 2014 2017 2023 2024 Set up waste Tyre recycling Commenced export Completed acquisition Set up passenger car radial plant at Gummidipoondi, of Recycled of tyre recycling plant at Varale Chennai Rubber Materials Global Recycle, Oman and Polymer Composites/ TPR/TPV plant at Panipat 2026 2025 New tyre recycling facility planned in Saudi New facility commissioned in South Africa. Ventured Arabia. New Polymer Compounding facility into TPO & Recovered Carbon Black and the plant is starting in Ganaur, Haryana. commissioned. Got listed on NSE. https://tinna.in/ 25 Well positioned to capitalize on strong tailwinds Play on a large market with Diverse product portfolio Global operational scale Experienced board Strong performance drives a strong focus on across a breadth helps build a truly supported by a strong industry-leading financial and circular economy of industries de-risked business model management team operational metrics Tinna is well-positioned to Tinna caters to diverse sectors Tinna's growing tire crushing capacity Tinna’s promoters bring de ades Demonstrated strong revenue capitalize on the large market with a well-balanced portfolio: positions it well in a growing market of expertise in rubber recycling, growth 3-year CAGR of 23% opportunity for recycled rubber Infrastructure (38%), Industrial positioning the company strongly between FY23-FY26 Future-ready manufacturing with (30%), Consumer (8%), Steel in a growing domestic market. Rising natural rubber prices are expanding capacity, supported by Steady state EBITDA (20%) and PC & MB (4%) * driving manufacturers to adopt overseas facilities and planned capex Their efforts are complemented by margins >17% recycling, which is boosting the Strong R&D focus has a professional management team Expansion into Saudi Arabia and South High return ratios and capital global recycled rubber market. enabled Tinna to diversify that drives operational excellence Africa to help diversify sourcing and efficiency ratios > 23% its product portfolio. and supports strategic execution. tire recycling globally while giving Tinna the ability to cater to a growing global and domestic market. * Revenue contributions are for FY26 https://tinna.in/ 27 Tinna's Industry Diversity Boosts Stability and Lowers Risk 222 205 190 145 Infrastructure Infrastructure segment sales 01 Segment (38%)* (INR Cr) Crumb Rubber, CRM, CRMB Bitumen Emulsion FY23 FY24 FY25 FY26 163 135 Industrial 98 Industrial 81 02 segment sales Segment (30%)* Micronized Rubber Powder Hi-Tensile Ultrafine Reclaim (INR Cr) Rubber FY23 FY24 FY25 FY26 102 103 Steel Segment 03 48 49 Steel segment (20%)* sales (INR Cr) Steel Abrasives Carbon Cut Wire Shot FY23 FY24 FY25 FY26 42 Infrastructure 34 04 Consumer 21 26 segment sales Segment (8%)* Coated Rubber Crumb (CRC) Crumb Rubber / Tyre Crumb (INR Cr) FY23 FY24 FY25 FY26 22 PC & MB 05 PC & MB 6 Segment (4%)* (INR Cr) Polypropylene Copolymer (PPCP) Black Master batch FY25 FY26 *Segment-wise revenue contribution for FY26; all nos. are on Consol basis https://tinna.in/ 28 Well-positioned to serve the infrastructure segment with products like CRM, CRMB, and bitumen emulsions… Product Portfolio Demand for Recycled rubber in Infrastructure segment is expected to grow Indian Market Breakup by End-User Industry (In Million metric tons) A blend of waste tire rubber, & hydrocarbons, with bitumen forms stable, high-performance binders for durable, cost-effective road paving 0.23 0.12 0.08 0.06 0.04 0.03 Road Construction and Cement and Concrete Infrastructure 2019 2024 2030F Crumb Rubber Modifier Bitumen Emulsion 02 01 03 Key growth drivers for the infrastructure GOI working towards mandatory Government Outlay : Large capital With the increasing focus on segment Modified Bitumen Use : GOI is outlay for the Ministry of Road Transport environmentally friendly road working towards making modified and Highways. construction, CRMB adoption is bitumen mandatory for wearing expected to rise. surfaces for national highways. https://tinna.in/ 29 …complemented by its presence in the industrial segment, offering products for a variety of applications Product Portfolio Indian Recycled Rubber products Market poised for growth by 2030 Indian Recycled Rubber Product Manufacturing Market (In USD Million) 100% strained, devulcanized rubber, free from impurities and has a superior finish, meeting REACH, PAH, and RoHS standards 115 60 38 16 18 21 7 6 2 Conveyor Belt Automobile Rubber Parts Rubber Pipes Micronized Rubber Powder Hi-Tensile Ultrafine Reclaim Rubber 2019 2024 2030F 02 01 03 Key growth drivers for the infrastructure Growing collaboration among tyre Natural rubber price : Rising natural The demand for recycled rubber segment manufacturers, recyclers, and rubber prices are driving manufacturers and other by-products from tyre policymakers is facilitating the toward recycling, boosting the global recycling has increased significantly development of a more structured and recycled rubber market across multiple industries efficient tyre recycling ecosystem in India. https://tinna.in/ 30 Further diversifying its portfolio, the company serves the consumer segment as well Product Portfolio Indian Recycled Rubber products market poised for significant growth by 2030 Indian Recycled Rubber Product Manufacturing Market (In USD Million) Ideal for low-tensile compounds, solid, and It is 100 % REACH, PAH & RoHS Compliant. As a agricultural tires, offering excellent abrasion high structure crumb, it retains excellent resistance reinforcing properties in high-quality compound 77 48 23 13 8 5 Rubber Mats & Tiles Sports Turfs Coated Rubber Crumb (CRC) Crumb Rubber / Tyre Crumb (<80 mesh) 2019 2024 2030F 02 01 03 Key growth drivers for the infrastructure The US Environmental Protection The increasing adoption of recycled The Sports Ministry’s flagship program segment Agency has released its largest rubber in sports turfs is driven by its ‘Khelo India’ has been allocated INR 1,000 study which confirms ‘ Recycled superior shock absorption, crore, a significant increase from the previous Rubber is safe for athletes’* resilience, and sustainability. year’s allo ation of INR 800 crores. *Synthetic Turf Field Recycled Tire Crumb Rubber Characterization Research Final Report : Part 2 – Tire Crumb Rubber Exposure Characterization, April 2024 https://tinna.in/ 31 Strategically located facilities… Map of Oman not drawn to scale Map of India not drawn to scale Manufacturing presence Source of ELT tyres Panipat Mathura (Haryana) (Uttar Pradesh) Europe Middle Eastern USA countries Oman Saham Haldia (Al Batnah) Oman (West Bengal) Varale | Wada (Maharashtra) South Africa Chile Australia Gummidipoondi (Tamil Nadu) Legend Bitumen Emulsion Plant (1) Reclaim Rubber Plant (2) PCMB Plants (3) Rubber Crumbing Plant (7) Operation Mgmt CRMB (2) Cut Wire Shots / Steel Shots (4) Upcoming Facilities (1) All our products are Global Certifications REACH, PAH and RoHS compliant https://tinna.in/ 32 Operations led by an experienced board and management team Mr. Bhupinder Kumar Sekhri Mr. Gaurav Sekhri Mr. Subodh Kumar Sharma Mr. Abhay Kumar Chairman & Managing Director Joint Managing Director Whole-time Director & COO Chief Financial Officer Mr. Sanjay Jain Mr. Vaibhav Dange Mr. Krishna Prapoorna Biligiri Mrs. Bharati Chaturvedi Independent Director Independent Director Independent Director Independent Director https://tinna.in/ 33 Business for a Cause Tinna dedicated INR 91 lakh in FY26 to CSR programs - driving meaningful change across sports, education, and healthcare sectors. Governance CSR activity framework available through Social Accountability Policy Community Donations provided for hostel redevelopment in local communities for the underprivileged Education Support extended for school development in the vicinity Environment Tree plantation initiatives carried out at both plant locations Students Provision of educational stationery to local school students https://tinna.in/ 34 Tinna’s strategies are in place to achieve growth going forward Expanding tire crushing Tinna leverages its global Tinna aims to pursue Tinna’s strategy fo uses on capacity enhances Tinna's operational scale to de-risk its organic and inorganic achieving strong revenue revenue potential by meeting business and enhance ELT opportunities to drive growth while maintaining the rising demand for sourcing. By diversifying ELT growth, leveraging its strong stable EBITDA margins and recycled rubber. procurement across multiple financial performance and high return ratios. With its regions, the company is improved credit rating to upgraded CARE BBB- credit focused on ensuring a capitalize on strategic rating, the company stable supply chain while investments and expand its showcases an improved optimizing costs and margins. market presence. financial risk profile. https://tinna.in/ 35 C reated y m etam i se tiana from oun ro ect C reated y m etam i se tiana from oun ro ect C reated y m etam i se tiana from oun ro ect C reated y m etam i se tiana from oun ro ect 01 02 03 04 Consolidated Financial Performance Q1 FY27 Particulars (INR Cr.) Q1FY27 Q4FY26 QoQ Q1FY26 YoY FY26 FY25 YoY Operational Income 156 157 0% 130 20% 546 505 8% Total Expenses 122 128 -5% 109 12% 452 429 5% EBITDA 34 29 18% 21 63% 94 76 23% EBITDA Margin (%) 21.7% 18.2% 16.0% 17.1% 15.1% Other Income 1 1 -23% 0 74% 2 4 -56% Depreciation & Amortization Expenses 4 3 26% 3 51% 12 10 27% Interest 3 3 2% 3 -5% 11 11 -1% Exceptional Items N/A N/A 1 N/A Share of Profit / loss of an associate 0 0 -177% 0 -53% 0 4 N/A Profit Before Tax 28 23 20% 16 76% 72 63 14% Taxes 7 6 9% 4 78% 19 15 29% Profit after tax 21 17 24% 12 75% 53 48 9% PAT Margin (%) 13.2% 10.6% 9.0% 9.7% 9.6% Other Comprehensive Income 0 -2 0 -1 4 N/A Total Comprehensive Income 21 15 39% 12 78% 52 52 0% Diluted EPS (INR) 11.41 9.28 23% 6.83 67% 29.67 28.19 5% https://tinna.in/ 37 Historical Consolidated Income Statement Particulars (INR Cr.) FY23 FY24 FY25 FY26 Operational Income 295 363 505 546 Total Expenses 259 300 429 452 EBITDA 37 63 76 94 EBITDA Margin (%) 12.4% 17.2% 15.1% 17.1% Other Income 6 1 5 2 Depreciation & Amortization Expenses 7 6 10 12 Interest 8 7 11 11 Exceptional Items (Loss) - - 1 Share of Profit / loss of an associate 1 2 4 0 Profit Before Tax 29 53 63 72 Taxes 7 12 15 19 Profit after tax 22 40 48 53 PAT Margin (%) 7.4% 11.1% 9.6% 9.7% Other Comprehensive Income 0 1 4 -1 Total Comprehensive Income 22 41 52 52 Diluted EPS (INR) 12.73 23.52 28.19 29.67 https://tinna.in/ 38 Historical Consolidated Balance Sheet Statement Assets (INR Cr.) FY23 FY24 FY25 FY26 Equity and Liabilities (INR Cr.) FY23 FY24 FY25 FY26 Non-current assets Equity share capital 9 17 17 18 Property, Plant and Equipment 68 123 179 235 Other equity 87 111 161 282 Capital work-in-progress 0 7 11 42 Total Equity 96 128 178 300 Right-of-use assets 1 1 1 8 Non-current liabilities Investments property 5 5 5 5 Financial liabilities Intangible assets 0 0 0 0 Financial assets Borrowings 24 47 66 38 Investments in associates 5 7 12 14 Lease liabilities 1 1 1 8 Investments 24 25 22 20 Provisions 2 3 4 5 Loans 1 - 0 0 Deferred tax liabilities (net) 3 4 6 9 Other financial assets 2 2 3 4 Other non-current liabilities - - - 0 Other non-current assets 0 4 4 12 Total non-current liabilities 31 55 77 60 Total non-current assets 106 174 237 341 Current liabilities Current assets Inventories 38 44 63 76 Financial liabilities Financial assets Borrowings 35 38 68 82 Investments - - 6 0 Lease liabilities 0 0 0 1 Trade receivables 32 30 41 67 Trade payable 22 34 47 61 Cash and cash equivalents 2 0 2 1 Other financial liabilities 2 4 7 7 Other bank balances 2 1 2 3 Other current liabilities 4 6 4 9 Loans 1 1 0 0 Provisions 1 1 2 2 Other financial assets 2 1 3 3 Other current assets 10 15 31 38 Current tax liabilities (net) 2 2.4 3 6 Total current assets 87 93 148 188 Total current liabilities 66 85 130 169 Assets Held for Sale - 1 - Total Liabilities 97 140 207 229 Total assets 193 268 385 529 Total equity and liabilities 193 268 385 529 https://tinna.in/ 39 Healthy Financial Ratios Highlight Robust Fundamentals ROCE (%) ROE (%) Working Capital Days 30.84% 31.53% 60 40 42 55 26.09% 27.14% 22.56% 22.71% 18.29% 18.71% 51 40 47 44 46 45 41 34 34 27 30 30 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Receivable Days Inventory Days Payable Days Fixed Asset Turnover (x) Net Debt to Equity (x) Debt (INR Cr) & Interest Coverage Ratio (x) 4.37 0.73 150 6.09 7.49 10 0.65 8.03 0.57 8 2.95 2.82 100 2.32 0.39 3.89 6 134 121 4 50 85 59 2 0 0 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Debt Interest Coverage Ratio https://tinna.in/ 40 Through TP Buildtech, Tinna can capitalize on the growth in the construction chemicals industry The positive outlook for the construction chemicals market presents growth opportunities for TP Buildtech India Construction Chemicals Market* Growth Drivers (Market Size in USD Bn) Rapid Urbanization and Infrastructure Development 12.06% CAGR India is experiencing rapid urbanization, leading to increased demand for housing and industrial infrastructure. This growth is supported by Established in 2012, TP Buildtech specializes in concrete 01 government initiatives such as the waterproofing admixture, cement Admixture, superplasticizer Smart Cities Mission and expansion of admixture, etc with Tinna owning 49.42% in the Company. transportation networks, which require advanced construction materials. 4.47 02 Manufacturing units in Wada and Bawal, supported by exclusive R&D Centers in Navi Mumbai, New Delhi, and Kolkata. Government Initiatives and Policy Support 2.53 Created y metami se tiana from oun ro ect Initiatives like the National Infrastructure 03 The manufacturing at Kolkata commenced in July’25 & got stabilized in the end of FY26. Spending is being done on business Pipeline (NIP), Pradhan Mantri Awas developments. Yojana (PMAY), and AMRUT are boosting the demand for high-quality construction chemicals. These Company introduced new range of products like curing compound, 2026 2031 04 programs focus on developing resilient shuttering oil, SNF Admixtures for concrete and is adding 3 new product lines in construction chemicals space such as grout repair, structures and modernizing 2026 2031 mould releasing agents and accelerators. urban landscapes *Source – Mordor Intelligence https://tinna.in/ 41 Capital Market Data Number of Public Shareholders 1 year share price performance 90% 43,546 43,002 42,886 80% 70% 60% 50% 40% 21,701 30% 14,797 20% 10% 6,231 0% 4,639 -10% -20% 31st March'21 31st March'22 31st March'23 31st March'24 31st March'25 31st March'26 30th June'26 Tinna BSE Shareholding Pattern Shareholding Pattern (As on 30th June 2026) (As on 31st March 2026) Price Data (As on 30th June, 2026) Non- Share Non- Share Institutio Holding Face Value (INR) 10.00 Institutio Holding ns (Other Compani ns (Other Compani Public), es/Bodie Public), es/Bodie 26.12% s Market Price (INR) 953.3 27.80% s Corporat Corporat e, 0.31% e, 0.31% FPI, 52 Week H/L (INR) 1,070/529 0.36% FPI, Domestic 0.48% Promote Institutio Promoter rs & Market Cap (INR Cr) 1,717.144 Domestic ns, s & Promote Institutio 5.62% Promoter rs Group, ns, 4.18% s Group, 67.58% Equity Shares Outstanding (Cr) 1.8 67.22% https://tinna.in/ 42 Contact Us Investor Relations Contact: Go India Advisors Sana Kapoor Sakshi Narvekar Associate Vice President Research Associate +91 81465 50469 +91 87792 63625 sana@goindiaadvisors.com sakshiN@goindiaadvisors.com