#1ID: Investor Presentation | December 2021 aarvi. Engineering. Manpower. Outsourcing Talent on Demand aarvi#22 Snapshot Proven Management Experience of 34 years, Deputed more than 30,000 personnel Awarded Highest Creditworthiness rating from Crisil - SME-1 aarvi. Leading Indian technical manpower outsourcing company Servicing Diversified Sectors like Oil & Gas, Engineering, Power, etc. aarvi World class Engineering & Operational Standards with ISO 9001: 2015 and Safety ISO 45001: 2018 Flexible Business Model 150+ Esteemed Global Corporate Clients 3 Year Revenue CAGR: 5.11% & Low Gearing ratio of -0.24x End to End Solution Providers to renowned Industrial Clients#33 Company Overview aarvi.#44 Company Overview • • • Talent on Demand aarvi • • Incorporated in 1987, Aarvi Encon pioneered the concept of Technical staffing services in India. Starting from humble beginnings it is now one of the largest Technical staffing solutions company with more than 4,800 engineers/ technical personnel on payroll and working at the client location. Aarvi is India's leading technical staffing company, which specializes in providing expert engineering staffing solutions. Services Offered include Deputation of Technical Staffing, Project Management, Construction supervision, Inspection Services, Pre-Commissioning & Commissioning Assistance, Shutdown, Procurement Assistance and O&M Services. Aarvi offers services that are highly effective and affordable, giving significant cost savings to clients. aarvi. Operational Revenue (INR Mn) & EBITDA Margins (%) 2,181 2,060 2,018 1,735 1,239 VALUE 5.34% 4.76% 4.22% 4.68% FY18 FY19 FY20 FY21 H1-FY22 Manpower Deputation 5,060 4,394 4,119 The company has deployed over 30,000 personnel since inception and has a current deployed team strength of more than 4,800 professionals. 3,901 2,796 . It has leveraged its track record in India to successfully expand its operations internationally, providing a wide range of engineering services on various international projects, particularly in the UAE, and Kingdom of Saudi Arabia. The company has an esteemed clientele list including marquee names like, Larsen & Turbo Industries, Cairn, Reliance Industries Limited, Engineering India Limited, Indian Oil, Technip etc. FY18 FY19 FY20 FY21 H1-FY22#55 Board of Directors Mr. Virendra Sanghavi - Managing Director • More than 45 years experience and excellent track record in design, development, construction and operation of process plants in India and Internationally Previously working with various Engineering, Lubricant, Petrochemical, and Pharmaceutical companies such as Merck Sharp & Dohme India Ltd • Mr. Sanghavi recently was recognized in the list of India's Top 100 Great People Managers by the Great Manager Institute in association with the Forbes India. Jaydev Sanghavi - Executive Director and CFO • Chemical Engineering Graduate from Mumbai University and joined Aarvi 26 years ago Played a crucial role in developing strategic Business Tie-ups and delivering several large & complex projects successfully In 1996 he identified a niche Business Opportunity in the project consulting of HR and thus came about a Manpower (Temp) Supply division which he heads today He has been instrumental in growth of the Company. Under his leadership the company has become largest Technical Staffing company in India with offices at major location in India. He is also instrumental in various tie ups/ association in Saudi Arabia, Kuwait, and Malaysia Padma V Devarajan - Independent Director • PhD (Tech), is Professor in Pharmacy and former Head, Department of Pharmaceutical Sciences and Technology at the Institute of Chemical Technology (ICT), Mumbai • She is consultant to the Pharmaceutical and Allied Industry both national and international, and also on the Advisory board of Pharmaceutical Companies. • She has served as Board Member, Member on the Board of Scientific Advisors, and Chair of the Young Scientist Mentor Protégé Sub-committee of the Controlled Release Society Inc., USA and Chair- Outstanding Paper Award Committee, Drug Development and Translational research. aarvi. Devendra Jashwantrai Shrimanker - Independent Director • Devendra is a chartered accountant and a fellow member of Institute of Chartered Accountants of India. He has more than 28 years of experience in the field of accounting, auditing, taxation and advisory services. He has served as advisors to many PSU's and private ltd companies, HNI's and family managed business groups Sonal Nitin Doshi - Independent Director • A solicitor practicing mainly in civil and corporate laws since 1991 Part of the external committee of Larsen & Toubro Limited, L&T Infotech, Thyssenkrup India Pvt. Ltd and Macleods Pharmaceuticals Ltd to deal with complaints filed under the Sexual Harrassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 Mr. Sharad Sanghi - Independent Director • Mr. Sharad Sanghi is the Managing Director and CEO of Netmagic, an organization that he founded in July 1998, and now an NTT Communications Group Company • He is considered a pioneer in the Indian cloud computing space, and his vision has helped Netmagic become a leader in the Public Cloud services market in India •He is an industry veteran with over 20 years of extensive experience in developing Internet backbone infrastructure and providing Internet services. He is also Part time Non-official Director on the Board of Bharat Electronics Limited, appointed by the Government of India#66 Key Milestones 03 Reliance CRISIL An S&P Global Company NIM NSE aarvi. 1987 Incorporated and Started Engineering Consultancy Services 1997 Deputed More Than 300 Engineers to Reliance Petroleum 2007 Employee Strength crossed 1000 mark 2013 Rated "SME-1" by CRISIL/Crossed 2000 personnel in deputation 2017 IPO listing on NSE Deployed more than 3000 engineers 2020 Migrated on Main Board of NSE ∞∞ 1996 Started Technical Manpower Deputation 2005 DHDS & SRU Commissioning Contract from HPCL Refinery DO 11 Do HP A 2011 Operation & Maintenance Services started with HMP 2015 Marked Turnover over Rs 100 cr / Opened Subsidiary in UAE 2018 Marked Turnover over 200 cr / Partnered with Bon Accord Employment Services at UAE#77 Awards & Certifications aarvi NOCIL Award from Indian Institute of Chemical Engineers - 1993 CDC National Award for Excellence in Consultancy Services from Consultancy Development Centre - 1997 CFBP COUNCIL FOR FAIR BUSINESS PRACTICES MAR GRAHAK KI AWAAZ Business Today Yes Bank Star SME Award from Business Today - 2011 FRANCHISE INDIA Empowering Change Since 1999 Small Business Awards from Franchise India Holdings Limited - 2012 CRISIL SME 1 CAIRN HSE Excellence Award in recognition for Safe Contractor from Cairn India Limited - 2013 25 The CEO Magazine BPM Inc.500 SME Business Excellence Award 2014 from Times Group, Dun & Broadcasting and Federal Bank - 2014 CFBP Jamnalal Bajaj Award for Fair Business Practice for 2015 given by late President Dr. APJ Abdul Kalam WORLDWIDE Business Review India Business Excellence Award from Worldwide Business Review - 2017 Crisil SME-1 Rating indicates "Highest Creditworthiness" - 2013 Certificate of Excellence For "25 Fastest Growing BPM Companies in India" Industryoutbook CFBP CFBP COUNCIL FOR BUSINESS PRACTICES Fair Praction The Comel takes gt plas in conferring this abark on AAR ENCON PT.STD HOVSAI Serria Deterade SPI For the year 2014 in tropitice of their bistinguisheb rantnbation to the pramotion at the Cabe at Combat of the Counc ALL INGAR ACHIEVERS & DESCARCH ACADE Ben Burd 2015 Certificate Of Recognition PROUDY PRESENTED Forbes Virendra Sanghavi Aand Encon Led IS PROUD TO PRESENT Aarvi Encon AS ONE OF THE TOP 10 INDUSTRIAL OPERATION & MAINTENANCE SERVICE PROVIDERS 2021 of info and dam twie palydiny in the foll CFBP Jamnalal Bajaj Award for Fair Business Practices in 2014 - Presented by Shri Dr. APJ Abdul Kalam, Former President of India Mr. Sanghavi has received gold medal award from All India Achievers & Research Academy for outstanding Achievements & Excellence in chosen field of activity at Bangalore in the year 2019 Mr. Virendra D. Sanghavi was recognized in the list of India's Top 100 Great People Managers by the Great Managers Institute in association with the Forbes India in the year 2019 Aarvi Encon was recognized among the top 10 industrial operation & maintenance service providers 2021 by Industry Outlook#88 00 Industries We Serve D Engineering TI City Gas Distribution aarvi. Renewable Energy Metro/Rail Oil & Gas Refinery/Petrochemical Pipeline LNG/Tank Terminal Power#99 Esteemed Clientele इंडियन ऑयल Reliance IndianOil हिन्दुस्तान पेट्रोलियम HP GNFC DAELIM ESSAR TATA MOTORS Bharat Petroleum Jacobs vikramsolar wood. FLUOR. CREATING CLIMATE FOR CHANGE CAIRN GP CPCL TATA POWER eni saipem india projects Petrofac P + aarvi. HMEL Punj Lloyd TechnipFMC WAAREE KENTZ TATA STEEL & POWER TATA CHEMICALS LIMITED Engineers & Constructors TOYO SIEMENS Gamesa TASNEE JINDAL RENEWABLE ENERGYI EIL Tecnimont ENGINEERING ENGINEERS INDIA LIMITED#1010 Geographical Presence Kuwait Oman Algeria Saudi Arabia Sharjah, UAE Qatar Abu Dhabi, UAE Nigeria Kenya Tanzania Angola Mozambique Domestic Offices International Offices Agents Bhatinda New Delhi/ O Barmer NCR Jamnagar Baroda aarvi. Kolkata Visakhapatnam Mumbai Pune Bengaluru Chennai#1111 Aarvi Advantages Experienced Management Marquee Clientele - Reliance, Indian Oil, Cairn, TechnipFMC, Larsen & Tourbo, HMEL. Pan India Presence Catering to diversified sectors Providing Fast and Quality Manpower HSE Policy - Health Safety and Environment Policy aarvi. Asset Light Model Flexible Hiring Business Model Focus on core competencies Delivering Significant Cost Savings Government Statutory compliant#1212 Future Growth Strategy % Increase the wallet share of business from existing clients by supplying additional manpower and identifying cross selling and up selling opportunities Dedicated international sales team focusing on international deputation of 888 manpower to develop a stronger international presence Constant focus on meeting quality standards and compliance Digitalisation of various processes to have contactless operations management Venture into new industry verticals like Automobile, Marine, Airports, Ports, Defence, Healthcare. 8 Diversifying expertise and service offering across the engineering value chain Provide manpower services to new clients in existing verticals Constant efforts on better talent Acquisition to attract and retain talented professionals Improving efficiencies by enhancing domain knowledge and achieving operational excellence aarvi.#1313 Business Overview aarvi.#1414 Business Overview aarvi • . • • • Aarvi provides engineers/designers/technicians right from conceptualization of the project to Design to Construction to Pre-commissioning & Commissioning to Operations and Maintenance of the plant. It can also mobilize large manpower for shutdown assignment of 15 days to a few months Aarvi has a large in-house database i.e. more than 700,000 resume data base and a very strong referral program to attract talent from the industry Its recruiters are well trained and can identify the candidates meeting the client's project requirements. The company targets sectors like oil & gas, power, LNG, PNG, refinery, petrochemical, pipeline, wind power, solar power, offshore, E&P, infrastructure, ports & terminals, telecom, fertilizers, cement, automobile, metro & monorail, railway, metals and minerals, information technology. Niche Area of Service H1-FY22 Business Mix O&M 42.67% Manpower Outsourcing 57.34% H1-FY22 Industry Wise Revenue Manpower Outsourcing Operation and Maintenance LPG/LNG, 4% Others, 4% Renewable, 7% Chemicals, 6% CGD, 2% Pipelines, 2% Oil & Gas, 32% Refinery, 26% Engineering, 17%#1515 Technical Manpower Deputation & Placement aarvi Manpower Outsourcing Revenue (INR Mn) 1,224 1,345 1,398 1,150 710 FY18 FY19 FY20 FY21 H1-FY22 • • • Aarvi has completed manpower deputation for large requirements of engineers and technicians all over the world. Has accomplished trust and strong reputation from esteemed clients to garner long standing repeat business. Aarvi has deployed Technical Manpower of about 4,800 plus qualified and experienced engineers in various fields like project management, construction, planning, safety, procurement, inspection, testing and commissioning. Project & Engineering ■ Process ☐ ☐ ☐ Civil & Structural Electrical Instrumentation & Control Mechanical (Static & Rotary) Material Handling Equipment's Piping & Stress Project / Site Engineering Planning QA/QC (CSWIP/ AWS) Procurement & Expediting Construction Engineers Start up Pre- Commissioning, Commissioning " Commissioning Engineer Commissioning Supervisor DCS / Panel Operator Plant & Process Operator Shutdown/Turnaround ■ ☐ Managers/Coordinators Maintenance Engineers (M/E/I/C) Planners Safety Engineers / Officers Refractory Engineers QC/Painting / Coating/ API Inspectors Supervisors Operator Technicians (M/E/I/C) HSE#1616 Case Study: Manpower Outsourcing aarvi. Engineers were deputed having following background: Piping Design/ Construction Supervision / Inspection - ECC for L&T is India largest engineering contracting company. Aarvi was sole supplier of engineers to L&T Reliance Refinery Project. The company deputed 140 piping engineers to supervise pipe fabrication and erection work. Aarvi has also been associated for commissioning assistance of various refineries like CPCL, BPCL, IOCL Daelim Engineers & Constructors is one of the world's largest engineering, procurement and construction services organizations. Daelim E & C has given Aarvi Encon contract for supply of contract employees GAIL India is largest gas producing and distribution public sector company. Aarvi had deputed process Operators and technicians to operate and maintain LPG recovery plant at Usar and Vaghodia. Toyo Engineering is large engineering consultancy company. Aarvi had deputed Engineers to multiple project sites like Toyo, Chamabal Fertilizer, Manglore Refinery, Coromondal Fertilizer, Oswal Chemical & Fertilizer, Oswal Chemical & Fertilizer, GSPC LNG among others. DCS/Panel Operation Plant Operation Engineers (Mechanical / Safety) Mechanical Construction Supervision and Equipment erection Instrumentation Construction Supervision Process Operation Mechanical Maintenance work Electrical Engineers & Technicians#1717 Operations and Maintenance 0000 aarvi. Operations and Maintenance Revenue (INR Mn) 715 783 868 511 528 FY18 FY19 FY20 FY21 H1-FY22 . • Aarvi Encon is the leading O&M company in India for providing O&M Services & Solutions for Solar Energy, Pipeline & Oil & Gas industry. Presently, 42.67% of the business comes from O&M activities, which garners a higher margin. The company understands the specific requirements and challenges of various industries that it has experience in deploying manpower for and hence has become the preferred partner for O&M services for many of its clients. By continuously being updated on the latest technologies being implemented in the Solar Energy, Pipeline & Oil & Gas industry, so that we can successfully identify and hire professionals who have mastered these technologies and have implemented them in their previous projects. The Company's clientele in O&M services include esteemed companies like HPCL, GSPC, Cairn, GSPL among others. Operations and Maintenance ■Managers/Coordinators ■Maintenance Engineers (M/E/I/C) Planners ■Safety Engineers / Officers ▪ Refractory Engineers ■QC/Painting/Coating/ API Inspectors ■Supervisors ■ Operator ■Technicians (M/E/I/C)#1818 Case Study: HPCL Mittal - Crude Tank Terminal SULAIMAN RANGE Rahirbyar Khan Concer Multan Deri Ghazi Khan Sutlej Bahawalpur aarvi. Sahiwal Resur Firozpur Lu Ganganage BATHINDA DN 102 47 kn Rasan Sirwa Hisar Bhiwan IPS SFPS) 3395 Dikan N Ko HPCL Mittal Pipelines Limited operates Crude oil Terminal and Cross Country Transportation of oil from Mundra; Gujarat to Bathindia; Punjab for transporting the Crude Oil to HMPL Guru Gobind Singh Refinery of 9 MMTPA Mundra Terminal Consist of 8,40,000 KL Storage Capacity and Receiving Terminal, Bhatinda has a Storage Capacity of 2,40,000 KL with in between pumping station Aarvi has been Operating & Maintaining Terminals & Pumping stations: . . There has been zero spillage of crude oil 100% manpower at site to take care of O & M activities round the clock. Supported for localization of maintenance of imported pumps and motors Saved more than USD 40,000 More than 98% equipments are up & running Major Activities: • • Operation Support of Tank Farm, Pumping Station & Receiving station Station Equipment's & Tank Farm Maintenance Larkana Sukkur Hawabshah Mirpur Khas Hyderabad LEGEND: Pencken IPS-4 (FPS) Pokaran O DESERT Jodhpur PS JIPST 802 Moter Pali PROPOSED MUNDA BATHINDA PIPELINE (OPN) Benabor RECEIPT SERMINAL PS (FPS) PAMS STATIONE Palanpur C INTERMEDIATE PEGON STATION Santalpur Radhanpur PIPELINE ROUTE SHOWN INDICATIVE ONLY PSTFPS) Mahesana 28" NB PIPELINE, Anjar & CHANGES WOCATED ARE APROXIMATE MUNDRA (PS) Oh 20 Locations: • Mundra Tank farm . ⚫ IPS 2 • . IPS-3 Dhansa O&M hadabad Nadiad NB PIPELIN Udaipur A Ratlam IPS 4 Jodhpur Receiving Terminal - Bhatinda O&M In#1919 Industry Overview aarvi.#2020 Staffing Industry aarvi. • Temporary/Flexi Staffing • Firms which retain workers & supply temporary workforce to other companies for specific assignments. This is the largest segment with a market share of 75% primarily because of pass through salary costs included in the revenue of such firms. The staffing industry in India has grown to an extraordinary level, especially in the area of a third-party payroll service provider. Over the past five years, the industry has grown at a rate of 20-25% per year, and it is not showing any signs of slowing down as yet. The staffing industry in India essentially provides a platform for recognized employment, work choice, reasonable compensation, annual benefits, and health benefits for the temporary workforce. Temporary or contract-based work is on the rise as many of the top talents are taking up freelancing or on contract jobs, in this process, staffing firms will play a pivotal role in easing the relationship between freelancers & their clients. According to a report from the Indian Staffing Federation, India to employ approximately 6.1 Mn flexi workforce by end of 2021, 1.53 Mn jobs will be through Flexi Staffing in next 3 years, Andhra Pradesh, Telangana, Haryana, Gujarat and Madhya Pradesh are high growth potential states for Flexi Customer • Benefits to Customers • • Flexibility in Workforce Plan Focus on Core Business • Compliance Efficiency . Budget Efficiency Hiring Niche Skillset . Ad hoc availability Benefits to Flexi Workers • • Appointment Letter Standardized Pay . Digital Payment Statutory Benefits . Insurance and Medical Benefits • Experience Gain • Skill Improvement Benefits to Government • Less Unemployment Revenue from GST • Increased Formal Employment Staffing companies hire workers and send them as flexi workforce to meet client requirements. Staffing companies take care of the salaries and benefits of these workers • Improved Compliance • Skill Improvement Customers signs agreement with flexi staffing companies where the later supplies flexi workforce Flexi Staffing Companies#2121 Engineering Industry India's engineering sector has witnessed a remarkable growth over the last few years driven by increased investment in infrastructure and industrial production. India, on its quest to become a global superpower, has made significant stride towards developing its engineering sector. The Government has appointed Engineering Export Promotion Council (EEPC) as the apex body in charge of promotion of engineering goods, products, and services from India. The turnover of capital goods industry in India is expected to grow to Rs 8.05 lakh crore (US$ 115.17 billion) by 2025. Investments The engineering sector in India attracts immense interest from foreign players as it enjoys a comparative advantage in terms of manufacturing cost, technology, and innovation. The above, coupled with favorable regulatory policies and growth in the manufacturing sector, has enabled several foreign players to invest in India. aarvi The Foreign Direct Investment (FDI) inflow into India's miscellaneous mechanical and engineering industries between April 2000 and March 2020 stood at around US$ 3.63 billion, as per the data released by Department for Promotion of Industry and Internal Trade (DPIIT). Government Initiatives • • The Indian engineering sector is of strategic importance to the economy owing to its intense integration with other industry segments. The sector has been de-licensed and enjoys 100 per cent FDI. With the aim to boost the manufacturing sector, the Government has relaxed the excise duties on factory gate tax, capital goods, consumer durables and vehicles. Government has planned an investment of Rs 100 lakh crore (US$ 1.43 trillion) in infrastructure sector over the next five years. Road Ahead Turnover of capital goods industry is expected to increase to US$ 115.17 billion by 2025F. India's engineering R&D market will increase from US$ 28 billion in FY18 to US$ 42 billion by FY22F. India needs Rs 235 trillion (US$ 3.36 trillion) of investment in infrastructure in the next decade. The export of engineering goods is expected to reach US$ 200 billion by 2030.#2222 Engineering Services to Drive the Growth • • aarvi. Investments in India's oil and gas sector is likely to touch Rs 2.5-3 trillion (US$ 37.5-45 billion) over the next few years, which will help raise the share of gas in the country's primary energy mix to 15% by 2030, as per British multinational oil and gas company BP Group. Indian Oil Corporation (IOC) Indian Oil Corporation (IOC) plans to invest around Rs 40,000 crore (US$ 5.9 billion), ONGC to invest Rs 78,000 cr and ESSAR projects, • The engineering sector in India attracts immense interest from foreign players as it enjoys a comparative advantage in terms of manufacturing costs, technology and innovation. The engineering sector is a growing market. Spending on engineering services is projected to increase to US$ 1.1 trillion by 2020. • • India needs Rs 31 trillion (US$ 454.83 billion) to be spent on infrastructure development over the next five years, with 70 per cent of funds needed for power, roads and urban infrastructure segments. Government targets Rs 25 trillion (US$ 376.53 billion) investment in infrastructure over a period of three years, which will include Rs 8 trillion (US$ 120.49 billion) for developing 27 industrial clusters. India's manufacturing sector has the potential to touch US$ 1 trillion by 2025. There is potential for the sector to account for 25-30 per cent of the country's GDP and create up to 90 million domestic jobs by 2025. Business conditions in the Indian manufacturing sector continue to remain positive.#2323 Financial Overview DERR 85 1723 ук 9 BRKEVN 6 aarvi. X#2424 Consolidated Income Statement aarvi. Particulars (INR Mn) FY19 FY20 FY21 H1-FY22 Operational Income 2,060 2,181 2,018 1,239 Total Expenses 1,950 2,089 1,922 1,181 EBITDA 110 92 96 58 EBITDA Margins (%) 5.34% 4.22% 4.76% 4.68% Other Income 12 6 23 6 Depreciation 10 12 10 S Finance Cost 11 16 6 3 PBT 101 70 103 56 Tax 15 (2) (2) Profit After tax 86 72 PAT Margins (%) 4.17% 3.30% 105 5.20% 4.52% 56 Other Comprehensive 3 7 (3) 2 Income Total Comprehensive 89 79 102 58 Income Diluted EPS (INR) 5.84 4.86 7.08 3.78#2525 Consolidated Balance Sheet aarvi Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 EQUITIES & LIABILITIES ASSETS Shareholder Funds 763 851 886 Non-Current Assets 472 330 389 (A) Share Capital 148 148 148 (A) Property, Plant and Equipment 106 100 100 (B) Other Equity 615 703 738 (B) Goodwill on Consolidation 2 2 2 Non-Current Liabilities 19 16 16 (C) Right of Use Asset 6 (A) Financial Liabilities (D) Other Intangible Assets i. Borrowings 1 (E) Intangible Asset Under 1 2 1 ii. Lease Liability 5 Development iii. Others 10 13 13 (F) Financial Assets (B) Provisions i. Loans and Advances (C) Deferred Tax Liabilities 3 3 3 ii. Others 21 23 91 132 13 18 17 170 (D) Other Non Current-Liabilities (G) Deferred Tax Asset 2 2 2 Current Liabilities 398 335 331 (H) Other Non-Current Assets 241 74 97 (A) Financial Liabilities Current Assets 708 872 844 i. Borrowings 87 35 22 (A) Financial Assets ii. Lease Liability 2 i. Investments 3 3 4 iii. Trade Payables 95 54 70 ii. Trade Receivable 580 534 427 iv. Others 141 172 189 iii. Cash and Cash Equivalents 49 164 87 (B) Other Current Liabilities 72 74 50 iv. Other Bank Balances 16 72 41 (C) Provisions 1 v. Loans and Advances 3 3 4 (D) Liabilities for Current Tax vi. Others 46 78 267 GRAND TOTAL - EQUITIES & LIABILITIES (C) Other Current Assets 11 18 14 1,180 1,202 1,233 GRAND TOTAL-ASSETS 1,180 1,202 1,233#2626 Key Metrics Operational Revenue (INR Mn) EBITDA (INR Mn and EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) aarvi. 5.65% 2,060 2,181 5.20% 5.34% 4.76% 2,018 4.50% 4.17% 4.22% 4.68% 105 4.52% 1,735 98 110 78 86 96 1,239 3.30% 72 92 56 58 FY18 FY19 FY20 FY21 H1-FY22 FY18 FY19 FY20 FY21 H1-FY22 FY18 FY19 FY20 FY21 H1-FY22 Debt to Equity (x) Net worth (INR Mn) ROE and ROCE (%) 16.04 0.03 0.03 886 851 % 15.24 % 12.54 763 702 10.90 % FY18 FY19 FY20 FY21 H1-FY22 621 % 12.51 12.30 12.30 -0.08 % % % 9.36% -0.12 -0.24 FY18 FY19 FY20 FY21 H1-FY22 FY18 FY19 FY20 FY21 ⚫ROCE --ROE#2727 Capital Market Data 100% 80% Share Price Data as on 30th September, 2021 Aarvi Nifty aarvi. 60% 40% 20% 0% -20% прила Ара Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Price Data (30th September, 2021) Face Value Market Price 52 Week H/L Market Cap(Mn) Equity Share Outstanding (Mn) 1 Year Avg Trading Volume ('000) 10.0 59.8 78.4/33.75 884.08 14.7 39.51 Shareholding Pattern as on 30th September, 2021 Public 26.52% Promoter 73.47%#2828 Disclaimer aarvi. Aarvi Encon Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Aarvi Encon Limited, which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. Valorem Advisors Disclaimer: Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. 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. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. For further details, please feel free to contact our Investor Relations Representatives: XX VALOREM ADVISORS Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903 9500 Email: [email protected]#2929 Thank You aarvi.