#1EIL इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking) Investor Presentation Annual Results: FY 21-22 27th May 2022#2Contents 1 (EIL) Overview of Engineers India Limited ("EIL") Page # 3 2 Track Record and Credentials 11 3 Financials and Order Book Overview 19 4 Major Order secured in FY 2020-21 31 5 Orders in hand and Outlook Delivering Excellence through People 36 2#3EIL 1 Overview of Engineers India Limited ("EIL") इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#4Company Background • India's leading Engineering Consultancy & EPC -Navratna company • 1965 - Established as a JV between Gol and Bechtel. 1967 - Wholly owned Gol company • Over 7000 assignments and Project worth over $ 200 Bn executed ⚫ Significant track record across entire oil & gas value chain with experience of landmark projects ●In-house and collaborative R&D (33 active patents) • International presence: Middle East, Africa, South Asia & Central Asia Around 2700 employees • Focused diversification: Infrastructure, Strategic crude oil storage, Fertilizer, Ports, LNG, Non-ferrous Metallurgy, Water & Waste Water Management Delivering Excellence through People Marquee Projects Dangote Refinery & Petrochemical DANGOTE HRRL Integrated Refinery Complex HRRL (EIL GGSR Refinery & Cracker HMEL Indian Strategic Petroleum Reserve Ltd ISPRL 4#5Evolution & Key Milestones - Over 5 decades • Wholly owned Government of India (Gol) company Commenced first international assignment Entered Fertilizer and Non-ferrous metallurgical sector Expansion in Hydrocarbons value chain Offshore Pipelines Onshore oil and gas Diversified into Infrastructure in 2001 Commenced services in sub- surface crude storages (Vizag, Padur& Mangalore) in 2006 • Successful FPO of 3.36 Cr shares of Rs. 5 each in 2010 (EIL) Buy back of EIL Shares in 2017 - INR 658 Cr • Awarded first refinery consultancy project in Mongolia under LOC funding in 2019 ⚫ Acquisition of minority stake in NRL in 2021 1965 1967 1969 1970-72 1975-78 1989 1997 2000 - 2010 2011-16 2017-21 Incorporated pursuant to a formation agreement between Gol and Bechtel • Commenced work in refineries Expansion to Petrochem with IPCL (now Reliance Industries Ltd) R&D centre in Gurgaon Process Technologies in Refining and Gas Processing Delivering Excellence through People Listed on the BSE and NSE • Accorded the Mini Ratna status NSE SE NATIONAL STOCK EXCHANGE OF INDIA LIMITC • Diversification into water • Overseas expansion in fertilizer • Asset Ownership in Fertilizer • Largest overseas order from Nigeria • Awarded the Navratna Status in 2015 • 20% stake offloaded by Gol (FPO/OFS) in 2016 5 сл#6Lines of Business CO₂ Biofuel (EIL) Oil & Gas/ SPR Fertilizer & Gasification Mining & Metallurgy Bio-fuels Gas/LNG Infra Airports & Defence Water & Waste Water Ports & Harbour Urban Infra Clean Energy (H2) Diversified Portfolio: Involved in Nation Building since Inception Delivering Excellence through People 6#7Service Offering - From Concept to Commissioning Technology Licensing Conceptualization of Process Process Modelling & simulation Bench/Pilot Studies • Technology Development & Licensing Process Design Pre-feasibility studies • Technology and licensor selection • Conceptual design & feasibility Process design package Project Management (EIL) • Integrated Project Management services Project Control - Planning & Scheduling, Monitoring, Costing Engineering Residual engineering and FEED Detailed engineering Engineering for procurement Engineering for construction Construction Management Materials/warehouse management Quality assurance and health, safety & environment Progress monitoring/ Scheduling Mechanical completion Site closure Supply Chain Management Supplier and contractor management Expediting and inspection Vendor development Commissioning Pre-commissioning and commissioning assistance • Safety audit HAZOP and SIL studies Risk analysis Specialized Services Environment engineering Heat and mass transfer Plant operations and safety management Specialist materials and maintenance services Certification (through CEIL) EIL subsidiary - Certification Engineers International Limited (CEIL) Certification and re-certification services • Third party inspection Delivering Excellence through People 7#8Modes of Contracts Managed (EIL) Consultancy Contracts 2 1 Front-end Engineering & Design for complete definition of scope EPCM ⚫ Engineering, Procurement and Construction Management Services FEED for selection of EPC contractor 3 PMC Project Management Consultancy Services for managing EPC contractors Turnkey Contracts 11 LSTK • Fixed price Lump Sum Turnkey Contracts .... also referred to as EPC contracts 2 Open book estimate - Also known as Cost plus contracts OBE Asset Ownership JVC Acquisition of Assets through Equity Participation. Delivering Excellence through People#9Technology at the forefront of Consultancy Services R&D Center with multiple pilot and demo facilities at Gurugram O Developed more than 40 Process Technologies इंडियन ऑयल Indian Bharat Petroleum 33 active Patents, 35 pending grant Technology collaboration with Research Organizations of IOCL, BPCL, HPCL, GAIL and Research Institutes like CISR-IIP, CSIR-NCL, ICT, IITS >60% of process technologies in refineries already indigenized Tremendous technology absorption capacity has been successfully demonstrated 100% Engineering indigenization in high tech domain of oil & gas achieved Facilitating further development of indigenous capabilities through Start-up India (EngSUI)™ Delivering Excellence through People इंडियन ऑपल IndianOil इंडियनऑयल Bharat Petroleum Indi- Aromatic Extraction Light Naphtha Isomerization BRP इंडियनऑयल LPG Sweetening Delayed Coking & Vis- breaking EIL Process Technologies IndianOil BRP HMEL Bharat Petroleum NRL BRP Paraffin Wax NRL onge (EIL) MAPL CPCL Bharat Petroleum Sulphur Recovery & TGTU इंडियनऑयल UGSPC NRL Hydrogenation (DHDT) HMEL इंडियन ऑयल IndianOil IndianOil 9#10EIL 2 Track record and Credentials इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#11Strong Track Record with diverse client base 44 Oil & Gas Processing Projects 51 Pipeline Projects Fiicht NALCO National Aluminion Company Lite S PETRONAS BCPL 14 Ports & Terminals BCIO قطر للبترول BHARAT OMAN REFINERIES LIMITEC Qatar Petroleum 91 Major Refinery Projects incl 10 Green-field Projects aitearoffeff OnGc Cairn ONGC Bharat Petroleum इंडियनऑयल एमआरपीएल MRPL IndianOil أوربت 33 Mining & Metal Projects Strategic Storages 3 Locations ISPRL GP Orpic alba CGSPC hudco DANGOTE INDORAMA GROUP Chhatrapati Shivaji International Airport 191 GOVERNMENT OF MONGOLIA Насам DELHI GAR EIL delhi.gov.in Govt. of NCT of Delhi HMEL أدنوك wwwww (EIL) As of March 2022 12 Major Petrochemical Projects 213 Offshore Projects including Process Platforms 0 ADNOC OIL INDIA LIMITED بابكو INDO CULF Варсо सुरक्षा सहित सेवा HINDALCO PERTAMINA CAIRN ESSAR नेशनल फर्टिलाइजर्स लिमिटेड NATIONAL FERTILIZERS LATE Delivering Excellence through People INDAL NMDC LIMITED Kenya Petroleum Refineres Ltd IFFCO CPCL 11 Fertiliser Projects 40 Infrastructure Projects BRP NRL 24 Turnkey Projects Power Captive Power Projects 11#12Leadership Position in Refineries & Petrochemicals in India HMEL Petro Plant HMEL HMEL HMEL-GGSR Refinery Panipat Refinery Panipat Petro. Plant 1&2 Koyali Refinery Bongaigaon Petro. Plant BRP Pata Petro. Plant 1&2 PUNJAB Mathura Refinery IndianOil Guwahati Refinery Bongaigaon Refinery IndianOil HARYANA Barauni Refinery UP ASSAM Vadinar Refinery GUJARAT ESSAR India MPL BIHAR Digboi Refinery Brahmaputra Petro. Plant WB Bina Refinery BCPL Numaligarh Refinery NRL Haldia Petro. Plant Haldia Refinery Reliance Baroda Petro. Plant Reliance OPAL Gandhar Petro. Plant Dahej Petro. Plant S Mumbai Refinery Petroleum MAHAR- ASHTRA G Reliance Mumbai Refinery Nagothane Petro. Plant ANDHRA PRADESH Visakh Refinery KARNATAKA Mangalore Refinery Tatipaka Refinery DNOC K&L Kochi Refinery Manali Refinery TN K&L Kochi PDPP Petro. Plant Kerala Refinery Nagapattanam Refinery Mega Petrochemical Plant Delivering Excellence through People Chart is Indicative only (EIL) Milestones 20 out of 23 Refineries in India have EIL Footprints Installed 10 out of the 11 mega petrochemical complexes in India. Built combined refining capacity of more than 150 MMTPA (3 million BPD) in India Engineered 10 grass-root refineries. Forayed into new areas such as underground caverns for storages Product upgradation leapfrogging to BSVI product quality for MS and Diesel pan India • Integrated Refinery and Petrochemical Work in progress on Rajasthan Refinery & HMEL 12#13Increased Focus in Overseas Geographies Select Overseas Projects across various segments (EIL) Sector Refinery Country Client Sector Country Client Nigeria Dangote Fertilizers Nigeria Indo Rama Refinery Bangladesh ERL Fertilizers Indonesia PAU Fertilizer Refinery Algeria Sonatrach Fertilizers Bangladesh BCIC Refinery Kenya KPRL Petronas Fertilizer Fertilizers Malaysia Refinery Angola Sonangol (Kedah) Sdn. Bhd. Refinery Oman Sohar Non Ferrous Bahrain ALBA * Recently EIL has completed DFR for Mongol Refinery Sector Country Client Sector Country Client LNG Algeria Sonatrach Oil & gas UAE NPCC, ADCO Petrochemicals UAE BOROUGE Pipelines UAE GASCO Pipelines UAE NPCC, ADCO Petrochemicals Oman Petrochemicals Iran Orpic NPC Delivering Excellence through People 13#14Personnel Experience 9.9% EIL Manpower Resources Qualification Count Graduates in Engineering 2017 Post Graduates in Engineering 259 Doctorates in Engineering 13 20% Total Personnel with Engineering 2289 Qualification (Technical Manpower) Other Professionals 130 ■0 to 10 ■10 to 20 21% 48.8% (EIL) 20 to 30 ■30 & above (MBA/MCA/CA/ICWA/CS) Role Project Management and Control Count • 322 Engineering and Technology 1231 . Construction 587 • Commercial and Procurement 286 Company Mgmt, HR and Finance • 284 4.2 Million Man-hours are available annually in EIL offices. 1.4 Million Man-hours are available annually at various construction sites. Average Attrition Rate < 1% per year (Past 3 FYs) Approx 12% are Female employees. Out of these 73% are Technical Total 2710 • Average Age 40.6 years As on 31st March 2022 Delivering Excellence through People 14#15Board of Directors Board of Directors Functional Director Smt. Vartika Shukla C&MD and Addl. Charge D(F) & D(T) Director (Govt. Nominee) Non-official Independent Director Shri M Arulmurugan Shri Deepak Mhaskey Ms. Karuna Gopal Vartakavi Shri Sunil Kumar Shri R. K. Sabharwal, D(C) Shri S. K. Handa, D (P) Shri A. K. Kalra, D (HR) Delivering Excellence through People Dr. Prashant Vasantrao Patil Shri Jai Prakash Tomar Shri Harishkumar M Joshi Shri Ravi S Prasad Singh (EIL) 15#16Major Awards and Accolades (2021-22) Construction Industry Development Co (CIDC) 26th Cl Anal Day C D . na Awards alhi (EIL) 13th CIDC Vishwakarama Award 2022 for Best Construction Projects - Construction of Guru Gobind Singh Polymer Addition project of HPCL-MITTAL Energy Limited (HMEL) Bhatinda, Punjab Construction Industry velopment Council (CÍDC) CI Annal Day V 4& 13th CIDC Vishwakarama Award 2022 for Achievement Award for Construction HSE - Visakh Refinery Modernization project, VRMP Site, Vishakhapatnam, Andhra Pradesh th (EIL En neers India Limited Engin ng Se Consultar IEI Industry Excellence Award 2021 in Engineering and Service Consultancy Sector instituted by The Institution of Engineers (India) Delivering Excellence through People 16#17Major Awards and Accolades (2021-22) FIPI AWARDS 2021 Woman Executive o S Year in the Oil & Gas Industry Commendation P a Mand India Limit SKOCH AWARD PUBLIC SECTOR UNDERTAKING SILVER ENGINEERS INDIA LIMITED (EIL) DEVELOPMENT OF TECHNOLOGY FOR CONVERSION OF FURFURAL TO FURFURYL ALCOHOL www. . (EIL) FIPI Oil & Gas Industry Awards 2021 in category 'Woman Executive of the Year' to Ms. Papia Mandal, Deputy General Manager (Structural) SKOCH Order-of-Merit for R&D Project - ‘Development of Technology for Conversion of Furfural to Furfuryl Alcohol' 8th Governance Now 2021 Award in the categories of 'Re-skilling of Employees (Training & Development)' and 'CSR Commitment' Delivering Excellence through People 17#18EIL 3 Financials and Order Book Overview इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#19Financial and Operating Track Record - Consolidated Total Income (INR mn)* Revenue Segmentation* Consulting ■Turnkey INR mn (EIL 40,000 100% 80% 30,000 60% 20,000 40% 34,921 -78% 33,329 30,427 56% 26,981 20% 44% 49% 51% 55% 45% 51% 49% 10,000 20,005 22% 0% 2017-18 2018-19 2019-20 2020-21 2021-22 0 2017-18 2018-19 2019-20 2020-21 2021-22 ** Revenue does not include Other Income 16,500 16,000 = 15,500 Consultancy & Engineering Revenue (INR mn)* 15,000 14,500 14,000 13,500 14,160 13,809 13,000 12,500 2017-18 2018-19 . 15,988 2019-20 14,999 14,228 2020-21 2021-22 Note: All figures have been taken on a consolidated basis Delivering Excellence through People INR mn Turnkey Projects Revenue (INR mn)* 20,000 16,000 12,000 8,000 16,377 17,214 14,129 4,000 4,083 10,949 0 2017-18 2018-19 2019-20 2020-21 2021-22 19#20Financial and Operating Track Record - Consolidated INR mn 6,000 23% 4,000 EBITDA## Performance (INR mn)* 15% 14% 25% 20% 12% 15% 10% 4,532 4,275 6% 2,000 3,756 3,441 5% 1,949 0 2017-18 2018-19 2019-20 2020-21 2021-22 EBITDA (INR mn) - LHS EBITDA Margins (%) - RHS Note: All figures have been taken on a consolidated basis ## EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization (does not include Other Income) EBIDTA for FY 20-21 shown above include adjustment for exceptional items. EBIDTA excluding exceptional items is approx 11%. Delivering Excellence through People 0% 90 (EIL) 20#21Financial and Operating Track Record - Consolidated INR Mn 6,000 Profitability (INR mn)* INR 40% 20.0 Earnings per Share - EPS (INR)* INR mn 30,000 35% 18.0 16.0 3,833 4,238 30% 14.0 4,000 3,684 25% 12.0 21% 20% 10.0 2,489 15% 13% 2,000 6.7 410 15% 8.0 5.8 5.9 Return on Net Worth (%)* (EIL) 80% 70% 24,060 25,000 23,412 23,445 20,000 15,000 60% 17,507 17,700 50% 40% 30% 1,395 6.0 10% 00 8% 4.0 5% 10,000 18% 4.0 16% 16% 20% 14% 2.5 5,000 8% 10% 5% 2.0 0 2017-18 2018-19 2019-20 2020-21 2021-22 * Profit After Tax (INR mn) - LHS -PAT Margins (%) - RHS Note: All figures have been taken on a consolidated basis 90 0% 0.0 0 0% 90 2017-18 2018-19 2019-20 2020-21 2021-22 2017-18 2018-19 2019-20 2020-21 2021-22 EPS (Basic and Diluted) Net worth (INR mn) - LHS Return on Networth (%) - RHS Delivering Excellence through People 21#22Financial and Operating Track Record - Consolidated Dividend Distribution (INR mn)* INR Mn 7,500 6,000 103% 83% 88% 4,500 80% 79% 3,044 3,722 80% 3,047 3,000 1,500 0 2017-18 2018-19 Gross Dividend incl. tax (INR) - LHS Dividend Rate (%) - (RHS) * Note: All figures have been taken on a consolidated basis Dividend Payout calculated as a percentage of Profit After Tax (PAT) Consistent Dividend Track Record Delivering Excellence through People 2019-20 140% 121% 120% 100% 80% 60% 45% 60% 40% 40% 1,686 1,124 2020-21 -Dividend Payout (%) - RHS 20% 0% 2021-22 (EIL) 22#23Annual Performance Summary – Standalone - Rs Mn (EIL) TURNOVER 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 Consultancy 14,575 13,833 15,653 13,494 13,793 11,650 Turnkey 14,129 17,214 16,377 10,949 4,083 2,836 Consultancy + Turnkey 28,704 31,047 32,030 24,443 17,876 14,486 Other Income 1,367 1,949 2,580 2,251 1,795 2,237 Total Income 30,071 32,996 34,611 26,694 19,671 16,723 SEGMENT PROFITS 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 Consultancy 4,085 3,799 4,989 3,894 4,303 3,592 Turnkey 356 558 655 628 754 1036 Consultancy % 28% 27% 32% 29% 31% 31% Turnkey % 3% 3% 4% 6% 19% 37% PAT PAT PAT % 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 3,444 12% 2,595 4,302 3,701 3,779 3,250 8% 13% 15% 21% 22% Note: All figures are on standalone basis and rounded off to nearest digit Delivering Excellence through People 23 23#24Quarterly Performance Summary - Standalone (EIL) Rs Mn TURNOVER Q1 Q2 Q3 Q4 H1 H2 9 M Annual Consultancy - Domestic 2795.60 2841.71 3005.09 3078.77 5637.31 6083.86 8642.40 11721.17 Consultancy - Overseas 861.90 672.60 607.30 712.06 1534.50 1319.36 2141.80 2853.86 Consultancy Total 3657.50 3514.31 3612.39 3790.83 7171.81 7403.22 10784.20 14575.03 Turnkey 3691.45 2964.54 3203.33 4269.64 6655.99 7472.97 9859.32 14128.96 Consultancy + Turnkey 7348.95 6478.85 6815.72 8060.47 13827.80 14876.19 20643.52 28703.99 Other Income 224.70 283.71 381.84 477.07 508.41 858.91 890.25 1367.32 Total Income 7573.65 6762.56 7197.56 8537.54 14336.21 15735.10 21533.77 30071.31 SEGMENT PROFIT Q1 Q2 Q3 Q4 H1 H2 9 M Annual Consultancy 1100.21 895.21 860.61 1228.83 1995.42 2089.44 2856.03 4084.86 Turnkey 116.36 74.47 68.44 97.29 190.83 165.73 259.27 356.56 Total 1216.57 969.68 929.05 1326.12 2186.25 2255.17 3115.30 4441.42 • Note: All figures are on standalone basis and rounded off to nearest digit Delivering Excellence through People 24#25INR Mn Quarterly Performance Track Record - Standalone 10,000 8,000 6,000 4,000 2,000 4,445 5255 3,540 3697 4521 4,017 3,651 2904 583 655 657 685 ■Consultancy Total Income ■Turnkey ■ Other Income 7120 4785 4,047 4270 3,452 3382 3,583 3,658 3691 3,791 3,514 3,612 2,751 2965 3203 1927 497 533 480 440 225 284 382 (EIL) 477 0 Q1 19-20 Q2 19-20 Q3 19-20 Q4 19-20 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Revenue Mix (Consultancy Vs Turnkey) Consulting ■Turnkey 70% 60% 50% 40% 30% 60% 59% 59% 49% 51% 53% 57% 47% 51% 49% 20% 40% 41% 41% 43% 64% 54% 50% 50% 53% 53% 46% 47% 47% 36% 10% 0% Q1 19-20 Q2 19-20 Q3 19-20 Q4 19-20 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Note: All figures have been taken on a standalone for EIL Delivering Excellence through People 25#26Quarterly Performance Track Record - Standalone Segment Wise Operating Profit 1,500 1,745 968 1,000 902 500 1,373 393 285 160 130 79 ■Consultancy 30 ■Turnkey 933 910 63 65 1,564 400 1,100 895 861 1,229 116 74 68 97 0 Q1 19-20 Q2 19-20 Q3 19-20 Q4 19-20 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 50% 30% Segment Wise Profit % Consulting ■Turnkey 39% 39% 34% 27% 25% 27% 30% 32% 25% 25% 24% 10% 14% 3% 8% 3% 3% 2% 2% 1% 6% 3% 3% 2% 2% T Q1 19-20 Q2 19-20 Q3 19-20 Q4 19-20 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 -10% Note: All figures have been taken on a standalone for EIL Delivering Excellence through People (EIL) 26#27Business Secured and Order Book - Standalone Rs Mn Business Secured FY 21-22 FY 20-21 FY 19-20 FY 18-19 FY 17-18 100% Consultancy 16,515 14,550 8,119 14,942 13,572 22% (domestic) 80% Consultancy 356 1,011 8,053 911 60% 3,036 (overseas) 40% 78% Consultancy Total 16,871 15,562 16,172 15,853 16,608 20% Turnkey 0 130 0 43,052 4,797 0% Total Business secured 16,871 15,692 16,172 58,905 21,405 Rs Mn ■Consultancy ■Turnkey 070 (EIL) 1% 0% 73% 100% 99% 100% 27% 2017-18 2018-19 2019-20 2020-21 2021-22 ■Consultancy ■Turnkey Order Book March 22 March 21 March 20 March 19 March 18 100% Consultancy 48,983 45,816 44,561 43,124 41,739 80% 36% 47% 43% 53% 61% Turnkey 27,566 34,003 50,993 68,763 36,992 60% Total Order Book 76,549 79,819 95,554 1,11,887 78,731 40% 64% 53% 57% Consultancy % 64% 57% 47% 39% 53% 20% 47% 39% Turnkey % 36% 43% 53% 61% ☐47% 0% Note: Data on unconsolidated basis Delivering Excellence through People 2017-18 2018-19 2019-20 2020-21 2021-22 27#28Orders Secured Break up - Standalone Consultancy Vs LSTK ■Consultancy 1% LSTK Consultancy Domestic Vs Overseas Domestic 7% Overseas 3.02% 99% Consulting Segmental Break up 28.97% 2.94% Note: Data on unconsolidated basis 93% Total Orders Segmental Break up 28.73% HYDROCARBONS INFRA METAL, POWER & OTHERS 2.99% 2.91% CHEMICALS & 65.07% FERTILIZERS Delivering Excellence through People (EIL) HYDRO INFRA METAL, POWER & 65.36% OTHERS CHFER 28 20#29Order Book Break up - Standalone OBP: Consultancy Vs LSTK 36% Note: Data on unconsolidated basis Consultancy LSTK 64% Delivering Excellence through People OBP: Domestic Vs Overseas 11% 89% Domestic Overseas (EIL) 29#30Capital Investments - as on Q4 FY 21-22 Description Name Implemen- ting agency JV Partners / Share- holding State / Country Size / Capacity/ Area Investment 1 Ramagundam Fertilizer Project M/s Ramagundam Fertiliser & Chemical Ltd. NFL 26%; EIL - 26%; - FCIL 11%; GAIL- 14.3%; Telangana Govt - 11%; HTAS Consortium-11.7% Telengana Urea: 3850 MTPD Ammonia: 2200 MTPD Investment 2 NELP IX: Two Upstream Assets (CB-ONN-2010/8) M/s Bharat Petro Resources Ltd. (BPRL) BPRL-25%, GAIL - 25%, EIL -20%, BFIL - 20%, MIEL - 10% Gujarat CB-ONN-2010/11 M/s GAIL India Ltd. BPRL-25%, GAIL - 25%, EIL - 20%, BFIL – 15%, MIEL - 15% Gujarat Investment 3 Minority stake in Numaligarh Refinery Ltd. (EIL) Investment 4 LLC-BEO (Bharat Energy Office) EIL stake 4.37% Equal participation of 20% by OIL, OVL, GAIL, IOCL Assam Exploration Acreage 42 Sq. Km. Exploration Acreage 131 Sq. Km. 3 MMTPA Refinery (Currently undergoing expansion to 9 MMTPA) & EIL Moscow, Russia Approximate project cost/ investment at start Total Equity Investment by EIL Rs. 6388 Crore Rs. 491 Crores Delivering Excellence through People Rs. 300 Crore / USD 50 Million (During Bidding Stage) USD 500,000/- Rs. 100 Crores Rs 700 crores (approx) USD 100,000/- 30#31EIL 4 Major Order secured in FY 2021-22 इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#32Q4 FY 21-22 : Salient Orders Secured Service Type Domestic Project scope (EIL) Client Contract Value (Rs. Million) Award Date Completion Date Noida International Consultancy Independent Engineer (IE) Services for Noida International Airport, Jewar Consultancy Consultancy Third Party Assessment for Engineering review & Project Management for Construction of Fintech University, Jodhpur Third Party Inspection services for completing incomplete Unitech's pan-India Projects Project Management Consultancy Services Consultancy (EPCM) for proposed Krishnapatnam- Hyderabad Multiproduct Pipeline (Part-C) EPCM Services for Dahej Expansion Project Consultancy (17.5MMTPA to 20 MMTPA) of PLL Dahej Terminal Airport Limited (NIAL) Dept. of IT & 139 Jan 2022 Jan 2025 Communication 222 Mar 2022 Jan 2024 (DoIT&C) Unitech Ltd 450 Mar 2022 Sep 2026 Bharat Petroleum Corporation Limited (BPCL) 264 Mar 2022 Feb 2024 Petronet LNG Ltd 262 Mar 2022 Feb 2025 Overseas Consultancy FEED Studies for LNG Storage Tanks, Jetty Top-Side and Plant Process Piping for LNG liquefaction and Export Terminal at Eastern Obolo, Akwa Ibom State, Nigeria Padah LNG 52 52 Jan 2022 May 2022 Consultancy PMC services assignment under call off contract with Client (Contract No. 429493 - LZ E&I Projects) ADNOC Gas 16 Jan 2022 Oct 2023 Processing Delivering Excellence through People 32#33Q3 FY 21-22 Salient Orders Secured Service Туре Domestic Project scope Project Management Consultant for Two LNG Consultancy Storage tanks at Dahej LNG terminal (Gujarat) Overseas Consultancy Consultancy FEED Engineering related to Debottlenecking the existing produced Water Treatment Plant Capacity from 200 MBD TO 300 MBD For 1 MMBD Phase-1 Project Various engineering services assignments under empanelment agreement with Client (4 nos) Delivering Excellence through People (EIL) Client Contract Value (Rs. Million) Award Date Completion Date Petronet LNG Ltd (PLL) 275 Oct 2021 June 2025 ADNOC Offshore 67 Oct 2021 Mar 2022 ADNOC Offshore 62 Nov 2021 Oct 2023 33#34Q2 FY 21-22 : Salient Orders Secured (EIL) Service Type Domestic Project scope PMC Services for De-Bottlenecking and Consultancy Augmentation of Cryogenic Facilities of BPCL LPG Import Terminal at Uran Consultancy Consultancy Consultancy Supply of License, BDEP, Catalyst, Proprietary Equipment and other related Services for LPG Treating Unit (LPGTU-1&2) of Numaligarh Refinery Expansion Project Project Management Consultancy Services (EPCM) for proposed Krishnapatnam- Hyderabad Multiproduct Pipeline (Part-B Detailed Engineering) PMC / EPCM Consultancy Services for CPCL'S 9 MMTPA Cauvery Basin Refinery (CBR) Project at Nagapattinam, Tamilnadu, India EPCM 1 with MPMC Services • EPCM 3 Client Contract Value (Rs. Million) Completion Award Date Date Bharat Petroleum Corporation Limited (BPCL) 654 Jul 2021 Apr 2024 Numaligarh Refinery Limited (NRL) 129 Jul 2021 Dec 2026 Bharat Petroleum Corporation Limited (BPCL) 193 Sep 2021 May 2023 Chennai Petroleum 7404 (EPCM 1) Corporation Limited (CPCL) Sep 2021 Jul 2025 2986 (EPCM 3) Overseas Consultancy Various small assignments under call off contracts ADNOC Offshore 22 Sep 2021 2021-22 Consultancy FEED for Replacement of Waste Water Treatment Plant Absorption Chiller Bahrain Petroleum 12 Sep 2021 Jan 2022 Company (BAPCO) Delivering Excellence through People 34#35Q1 FY 21-22: Salient Orders Secured Service Туре Domestic Project scope Contract Value Client Award Date (Rs. Million) (EIL) Completion Date Assam Bio Refinery Consultancy EPCM Services for Bio-Refinery Project at Numaligarh (Change Order) Private Limited (ABRPL) 490 Change Order considered in May 2021 June 2022 EPCM for Upgradation of Facilities of Numaligarh-Siliguri Product Pipeline (NSPL) Consultancy for transportation of additional products (from existing 1.72 MMTPA to 5.5 MMTPA due to NREP) Consultancy Consultancy Licensing and EPCM Consultancy Services for Delayed Coker Unit (DCU) Revamp of Numaligarh Refinery Expansion Project Consultancy Services for Guru Gobind Singh Polymer Addition Project, Bathinda (Change Order) Overseas Oil India Limited (OIL) 562 June 2021 August 2024 Numaligarh Refinery Limited (NRL) 1,110 June 2021 August 2024 HPCL-Mittal Energy Limited (HMEL) 385 June 2021 December 2021 Consultancy Various small assignments under call off contracts ADNOC Offshore 97 May 2021/ June 2021 2021-22 Delivering Excellence through People 35#36EIL 5 Orders in Hand and Outlook इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) (EIL) ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#37Major Ongoing Projects Project Cauvery Basin Refinery (CBR) Project - 9 MMTPA (Package EPCM-1 with MPMC and EPCM-3 Services) Panipat Refinery Expansion (15 to 25 MMTPA) Visakh Refinery Modernization Project Rajasthan Refinery Project Bio Refinery Project Coker-B Revamp Project Delivering Excellence through People Client Project Location Refinery Projects CPCL Nagapattinam, Tamil Nadu IOCL Panipat HPCL Visakhapatnam HPCL Rajasthan Assam Bio Refinery Pvt Ltd Numaligarh IOCL Barauni 40 37 EIL#38Major Ongoing Projects (EIL) Project Client Project Location Petrochemical Project PP Unit Guru Gobind Singh Polymer Addition Project 500 KTPA Petrochemical Project Methanol & Formalin Plant HPG-2, Butene-1 and PSA Units GAIL Pata HMEL Bhatinda GAIL Usar APL Namrup, Assam BCPL Lepetkata Pipeline Projects Dobhi-Durgapur-Haldia Pipeline Project GAIL Dobhi-Durgapur-Haldia Kochi-Salem LPG Pipeline Project KSPPL Kochi Crude Oil Terminal (COT) at Paradip, Paradip Numaligarh Crude Oil Pipeline (PNCPL) and NRL Siliguri Product Pipeline (NSPPL) Paradip, Numaligarh, NRL Krishnapatnam Hyderabad Multiproduct Pipeline BPCL Siliguri Krishnapatnam, Hyderabad Delivering Excellence through People 38#39Major Ongoing Projects (EIL) Project Client Project Location LNG / LPG Cavern 80,000 MT LPG Cavern HPCL Mangalore LNG Import, Storage & Regasification Terminal Project De-Bottlenecking and Augmentation of Cryogenic Facilities - LPG Import Terminal HSEPL Chhara, Gujarat BPCL Uran Infrastructure Projects Entry Level Activities Under Namami Gange Programme, NMCG NMCG UP & Bihar UIDAI Data Centre Complex at Manesar and Bengaluru and Office Building at Delhi Different locations UIDAI across India Construction of New Domestic Terminal Building and associated works at Leh Airport ΑΑΙ Leh, J&K New Campus Design & Development of IIM Nagpur IIM Nagpur MAHSR C-4, MAHSR-C-6 and MAHSR-P-4 contract packages of Mumbai Ahmedabad High Speed Rail Project NHSRCL Mumbai, Ahmedabad Delivering Excellence through People 39#40Major Ongoing Projects (EIL) Project Client Project Location Overseas Projects Eastern Refinery Limited Unit -II Project BPC Bangladesh Dangote Refinery & Petrochemical Project DORC Nigeria Crude Oil Refinery in Mongolia Mongol Refinery Mongolia 40 Delivering Excellence through People#41Global Oil Outlook & Refining Capacity Outlook India (EIL) Globally Oil demand increased above its pre-COVID-19 level, continued investment in new upstream oil and gas is foreseen over next 30 years. Growth in liquefied natural gas plays a central role in increasing emerging markets' access to natural gas. Oil demand in India is projected to register a 2x growth to reach 11 million barrels per day by 2045 NG and Renewable share in Energy Mix to Rise to 15% by 2030. Low-carbon hydrogen opportunities rise as the energy system progressively decarbonizes. Diesel demand in India is expected to double to 163 MT by 2029-30, with diesel and gasoline covering 58% of India's oil demand by 2045. Consumption of natural gas in India is expected to grow by 25 billion cubic metres (bcm), registering an average annual growth of 9% until 2024. Delivering Excellence through People Source: BP Outlook, IBEF 2022 41#42India's Chemical industry: Unleashing the next wave of growth Bulk chemicals Petrochemicals & polymers Fertilisers Specialty chemicals Agrochemicals (EIL) The Indian chemicals industry is highly diversified, covering >80,000 products and employing >2 million people. The chemical industry is expected to contribute US$ 300 billion to India's GDP by 2025. A 2034 vision for the chemicals and petrochemicals sector has been set up by the govt to explore opportunities to improve domestic prodn, reduce imports & attract investments in sector. Govt plans to implement production-link incentive system with 10-20% output incentives for agrochemical sector; to create an end-to-end manufacturing ecosystem through growth of clusters. The Indian specialty chemicals sector is expected to increase at a CAGR of 12.4%, from US$ 32 billion in 2019 to US$ 64 billion by 2025(est). An investment of Rs. 8 lakh crore (US$ 107.38 billion) is estimated in the Indian chemicals and petrochemicals sector by 2025. Delivering Excellence through People 42#43Key Sectors Driving Growth (EIL 2. Increased demand being witnessed for wide range of cosmetic chemicals, health care products and hygiene products that use specialty chemicals, polymers and oleo chemicals. 1. Infrastructure projects - Low Cost Housing, Smart City Projects amongst the key drivers of chemical sector in India. Availability of essential raw materials at low cost is anticipated to increase demand for construction chemicals 1 3. Increasing urbanisation and population is driving the demand for safe drinking Water. Har Ghar Nal Se Jal Yojana by Gol is leading to increased pipeline network at Urban & Rural Centres. Rising awareness is driving growth for Water & Effluent Treatment, thereby directly increasing the sectoral share in Petchem and Chemicals. 2 3 4. Disruption in automotive sector with the emergence of driving, autonomous connected cars, electric vehicles and shared mobility will affect the value chain of Indian chemical companies chemicals to automotive applications. supplying 4 Delivering Excellence through People 43#44Opportunities In Diversified Sectors PMAY: Urban Housing Pradhan Mantri Aawas Yojana - Urban (PMAY- U), Housing for All by 2022 - has received a record-high allotment of Rs 28,000 Crore in BE for FY 2022-23 Institutional Buildings Enhanced Investment outlay owing to reforms Educational Sector: New IITs, IIMS Health Care Sector: New AIIMS & Speciality Hospitals in Tier 2 & Tier 3 Cities Data Centers Planned investment outlay in Data Centers expected to reach Rs 45,000 Cr by 2020 Digitization of records & adoption in Banking, Financial & Insurance sector Airports The expenditure of MoCivil Aviation for 2022-23 is Rs 10,667crore, UDAN Scheme launched New Low Cost Airports being announced. Ports & Terminals SAGARMALA Initiative to harness port led development along with coastal shipping and IWT. Mission Gatishakti to empower movement of cargoes. ⚫ LNG Ecosystem; Imperative for a Gas based Economy Delivering Excellence through People Renewables & Alternative Fuels (EIL) Indian Renewable Energy Market to exhibit a CAGR of >10% during the forecast period of 2022-2027. • 500 GW of renewable energy by 2030 GOI mandate to implement E5/E10/E20 by 2022 New BioFuels Policy aims at achieving 20 % blending of Fossil Fuels by 2030 Water & Waste Water Management India's wastewater treatment plants market stood at USD 2.4 billion in 2019 & is projected to reach USD 4.3 billion by 2025 ● Existing WWTP's, ETP's need refurbishment in Tier II & Tier III Cities Defence ● Modernization of Defence Installations To pursue "Make In India" initiative in Defence manufacturing process Railways The allocation towards capital expenditure in the railway sector is projected at Rs 2,45,800 Crores. Multimodal connectivity between mass urban transport and railway stations 44#45Avenues for Growth - Towards 5K25 (EIL) Creating Stakeholder Values through Sustainable Growth Expand in Middle East, Africa, Centr Consolidate core Hydrocarbon and Petrochemical al Asia Focused Diversification in Biofuels, Defense, Infrastructure, Por ts & Harbours Collaborative Technology Development Net Zero Green technologies ●Digitization O Alliances in Core and Diversified sectors for Growth Alliances to breach entry barriers Entry In new Sector geographies Value added solutions Target LoC projects Selectively diversify Maintain leadership Expand international operations Delivering Excellence through People Innovative Technologies Alliances 45#46Disclaimer (EIL) This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, except with respect to information concerning EIL's past performance, its subsidiaries and affiliates, nor is it intended to be a complete statement or summary of the future proposals, strategies and projections referred to in the report. EIL does not undertake that investors will obtain profits, nor will it share with investors any investment profits nor accept any liability for any investment losses. Investments involve risks and investors should exercise prudence in making their investment decisions. The report should not be regarded by recipients as a substitute for the exercise of their own judgment. Past performance is not necessarily a guide to future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. Any opinions expressed in this report are subject to change without notice and may differ or be contrary to opinions expressed by other business groups of EIL as a result of using different assumptions and criteria. This presentation report may contain certain "forward-looking statements". These forward-looking statements generally can be identified by words or phrases such as "aim", "anticipate", "believe", "expect", "estimate", "intend", "objective”, “plan”, “project”, “shall”, “will”, “will continue”, “will pursue" or other words or phrases of similar import. Similarly, statements that describe our strategies, objectives, plans or goals are also forward-looking statements. All forward-looking statements are subject to risks, uncertainties and assumptions about us that could cause actual results to differ materially from those contemplated by the relevant statement. These forward looking statements are based on our current plans and expectations. Actual results may differ materially from those suggested by the forward-looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, regulatory changes pertaining to the industries in which we have our businesses and our ability to respond to them, our ability to successfully implement our strategy, our growth and expansion, technological changes, our exposure to market risks, general economic and political conditions which have an impact on our business activities or investments, the monetary and fiscal policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, the performance of the financial markets in India and globally, changes in Indian laws, regulations and taxes and changes in competition in our industry etc. EIL reserves the right to alter, modify or otherwise change the presentation without notifying any person of such changes or revision. Neither the author or EIL shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from this presentation report. Further, EIL is under no obligation to update or keep current the information contained herein. The disclosures contained in this presentation report produced by EIL shall be governed by and construed in accordance with laws of India. EIL specifically prohibits the redistribution of this material in whole or in part without the written permission of EIL and EIL accepts no liability whatsoever for the actions of third parties in this respect. Images may depict objects or elements which are protected by third party copyright, trademarks and other intellectual property rights. All rights reserved. Delivering Excellence through People 46#47THANK YOU