group, strengthening our two decades of business relationship with the Mitsubishi group and allowing us
recognition and access to customers based in or headquartered out of Japan and the East Asia region.

Our Promoter, Chairman and Managing Director, Srinivasan Ravi, is a mechanical engineer and a first-generation
entrepreneur with over 34 years of relevant industry experience. We have received funding from reputed global
investors, International Finance Corporation (“IFC”) in 2010 and 2012, and Standard Chartered Private Equity
(Mauritius) II Limited (“SCPE”) in 2012 (which transferred its stake to its Affiliate, Marina III Singapore Pte
Limited (“Marina”) in 2017). IFC and Marina presently have 12.06% and 13.50% shareholding, respectively, in
our Company.

Our total revenue was 2% 10,227.87 million, % 14,924.65 million, = 18,180.07 million and 2 15,115.31 million in
the nine months ended December 31, 2020 and Fiscals 2020, 2019 and 2018, respectively. Our net profit was =
506.60 million, = 410.73 million, = 973.67 million and % 315.34 million in the nine months ended December 31,
2020 and Fiscals 2020, 2019 and 2018, respectively.

Our EBITDA was % 2,946.39 million, = 4,065.51 million, = 4,566.80 million and = 3,051.81 million for the nine
months ended December 31, 2020 and Fiscals 2020, 2019 and 2018, having increased at a CAGR of 15.42%,
from Fiscal 2018 to Fiscal 2020. Our EBITDA Margin (EBITDA as a percentage of our total revenue) was
28.81%, 27.24%, 25.12% and 20.19%, respectively, in the same periods, having increased at a CAGR of 16.15%,
from Fiscal 2018 to Fiscal 2020.

The share of our three business segments within our revenue from operations has remained relatively stable during
this period, with the Automotive — Powertrain and Others, Automotive — Aluminium Products and Industrial and
Engineering segments accounting for 51.21%, 21.10% and 27.69% of our revenue from operations in the nine
months ended December 31, 2020 and 47.52%, 17.27% and 35.21% of our revenue from operations in Fiscal
2020, compared to these three segments accounting for 55.47%, 16.95% and 27.58% of our revenue from
operations in Fiscal 2019, and 57.62%, 15.57% and 26.82% of our revenue from operations in Fiscal 2018. In our
Automotive — Powertrain and Others segment and Industrial and Engineering segment, we undertake domestic
sales as well as exports to various customers. Our domestic sales in the Automotive — Powertrain and Others
segment contributed 49.58%, 45.35%, 53.55% and 55.05% of our revenue from operations for the nine months
ended December 31, 2020 and Fiscals 2020, 2019 and 2018, respectively, while export sales contributed 1.63%,
2.18%, 1.93% and 2.56%, respectively, in the same periods. In our Industrial and Engineering segment, domestic
sales contributed 17.63%, 26.14%, 18.88% and 19.46% of our revenue from operations for the nine months ended
December 31, 2020 and Fiscals 2020, 2019 and 2018, respectively, while export sales contributed 9.98%, 9.06%,
8.70% and 7.36%, respectively, in the same periods. We supply to various customers with global presence who
export our products to demand their business demand abroad.

We have also built-up a significant size of assets in our machining and manufacturing capacities to meet the
growing demand for products from our customers and to expand into new segments. As of the nine months ended
December 31, 2020 and Fiscals 2020, 2019 and 2018, the Gross Block was % 22,307.42 million, = 21,855.56
million, = 20,700.44 million and = 16,284.26 million. The significant capital expenditure in the earlier years have
positioned our Company well to take advantage of future growth opportunities. For the nine months ended
December 31, 2020 and Fiscals 2020, 2019 and 2018, our capital expenditure aggregated to = 507.29 million, =
1,206.01 million, = 4,559.86 million and 2 1,811.24 million, respectively, used to modernize and upgrade our
manufacturing facilities, infrastructure, machines, equipment and technology to allow us to offer a diverse product
suite, reduce operating costs and drive productivity. For the nine months ended December 31, 2020 and for Fiscals
2020, 2019 and 2018, our Return on Capital Employed (“ROCE”) (calculated as earnings before interest and tax
divided by the difference between our total assets and total current liabilities) was 10.55%, 13.80%, 18.66% and
14.00%. Our net worth was 2 7,161.88 million, 2 6,634.75 million, = 6,278.36 million and 2 5,412.34 million as
on December 31, 2020 and Fiscals 2020, 2019 and 2018, respectively, while our return on average net worth was
7.34%, 6.36%, 16.66% and 5.96% and our Return on Equity (“ROE”) was 7.07%, 6.19%, 15.51% and 5.83% for
the same periods.

We have been consistently recognized by customers for the high-quality of the products supplied by us. For further
details on our recent awards and accolades, see “~ Awards and Recognitions” on page 185. We are also certified
for international quality management systems ISO 9001:2008, ISO/TS 16949:2009, and SO 14001 2004 by TUV
Nord, and have implemented environmental management system ISO 14001:2004.

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