#1PPTC INDUSTRIES ASPIRE INNOVATE ACHIEVE AEROLLOY TECHNOLOGIES PTC Industries Limited TOWARDS PARITY INVESTOR PRESENTATION JUNE 2023#2Safe Harbor • . . This presentation and the following discussion may contain "forward looking statements" by PTC Industries Limited ("PTC" or the Company) that are not historical in nature. These forward- looking statements, which may include statements relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of PTC about the business, industry and markets in which PTC operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond PTC's control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of PTC. In particular, such statements should not be regarded as a projection of future performance of PTC. It should be noted that the actual performance or achievements of PTC may vary significantly from such statements. PPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 2#3Current Macro Themes 1 2 Global Supply Chain Disruption (China Plus one) War PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Russia Ukraine MAKE IN INDIA Implications © 2023 ptcil.com 3 Aatmanirbhar Bharat (Make in India) 3#4Global Supply Chain Disruption (China Plus One) တ Changes in global commerce Trade tensions rose around the world, particularly between USA & China Global supply chain continues to shift away from China, but it remains the top sourcing location American and European companies are gradually reducing their reliance on China, and its popularity as a sourcing market among Western buyers took a hit during the pandemic In 2019, 96 per cent of US-based companies and 100 per cent of Europe-based companies listed China as one of their top-three sourcing countries, but those proportions respectively dropped to 77 and 80 per cent in the first quarter of this year, according to Qima, a provider of supply-chain-compliance solutions that conducted the survey. Source: World Exports.com | *According to United Nations Statistics Division a Exchange rate: 82.85 (USD -NR) PTC PC INDUSTRIES AEROLLOY TECHNOLOGIES COVID-19 COVID-19's Effects Huge Reliance on China: Post-Covid Recognition of the Need for Reorientation and Diversification The long-term Chinese closure has disrupted supply chains & purchasing from China INDIA has a huge opportunity The government's push to boost manufacturing © 2023 ptcil.com Many countries, especially India, have a huge opportunity to benefit from re- alignment for export Most businesses recognized their reliance on China & diversified their supply chains to countries such as India 4#5Russia-Ukraine War Implications Russian Defence Exports (Figures are SIPRI Trend Indicator Values (TIVS) expressed in INR Crores) 12,055 11,118 6,404 6,023 2,287 1,864 572 597 597 % of Total Defence Exports by Russia ווייי 31.0% 31.7% 31.9% 15.3% 14.1% 15.8% 12.0% 9.6% 0 India China Myanmar Belarus Viet Nam Engines Aircraft 2021 2022 Source: World Economic Forum | World Exports.com Exchange rate: 82.85 (USD -NR) PTC PC INDUSTRIES AEROLLOY TECHNOLOGIES Missiles 2021 2022 Armoured vehicles Air defence systems © 2023 ptcil.com 5#6Titanium - An Untapped Opportunity MARKETSHEABO ON THE STREET The West Must Wean Itself Off Russian Titanium Aerospace companies like Airbus need alternative sources of titanium sponge to diversify their supply chains and bolster national security Airbus says to decouple from Russian titanium 'in months' MUNICH, Dec 1 (Reuters) - Airbus (AIR.PA) will halt its reliance on Russia for titanium supplies within months, a senior executive said on Thursday. Russia is the largest producer of titanium, a strategic metal prized for its strength relative to its weight. It is used mainly in aircraft engines and landing gear for large planes. Aerospace & Defense 3 mande read-March 8, 2022 4:12 AM CMT-530 Last Updates a year a Boeing suspends Russian titanium as Airbus keeps buying By Aishwarya Nair and Tim Hepher Russia produced roughly a fifth of global stanium sponge supplies before the pandemic PHOTO: DONAT SOROKINITASS/ZUMAPRESS By Jon Sindreu Follow Aug 5, 2022 7:35 am ET Europe's natural gas crisis shows the problem with industrial strategies that rely on Vladimir Putin. Some Western governments and companies still haven't CLICK HERE CLICK HERE BOEING (Annual Report Comments) Most important raw materials required for our aerospace products are aluminium (sheet, plate, forgings and extrusions), titanium (sheet, plate, forgings and extrusions) and composites (including carbon and boron) We suspended maintenance and support for Russian customers, & then in spirit of doing the right thing, we had suspended titanium import PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES AIRBUS (Annual Report Comments) Part of the titanium used is sourced from Russia, both directly and indirectly through Company's suppliers While geopolitical risks are integrated into Company's titanium sourcing policies, impact of Russia's invasion of Ukraine on Company's ability to source materials and components and any future expansion of sanctions is being reviewed#7Aatmanirbhar Bharat (Make in India) Indian Defence Imports by DPSUs (Rs. Cr) 12,749 Defence Production Value (Rs. Cr) 6,551 2020-21 2021-22 1,06,813 94,845 78,820 81,120 79,071 84,643 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Defence Export Value (Rs. Cr) MAKE IN IMBER 35,000 173% 15,918 12,815 10,746 9,116 8,435 4,682 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2025E The Government of India is focused on "Make in India" in Defence Sector to Reduce Imports and Boost Exports | Opportunity of Indian Private Players The Government to ban the import of more than ~400 Platforms/ Weapon/Systems/ Equipment by 2032 Indigenisation Rising in India The Government is setting up Defence Corridors to push domestic manufacturing Indian vendors (Rs. Cr) Foreign vendors (Rs. Cr) % ind egenisation UP Corridor 80% Tamil Nadu Corridor INVESTMENT IN UP CORRIDOR TILL DATE Rs. 3,732 crores Investment by PTC Industries Rs. 500 crores KEY HIGHLIGHTS OF THE POLICY FOR INDIGENIZATION OF COMPONENTS AND SPARES USED IN DEFENCE PLATFORMS (8th MAR 2019) Value of components (including alloys & special materials) imported by Defence PSUs & Ordnance Factories: ~Rs. 13,810 crores (2017-18) According to an estimate nearly 1 Lakh components used for various Defence & Aerospace related platforms are being imported 600 500 60% 400 300 40% 200 20% 100 0 0% FY16 FY17 FY18 FY19 FY20 FY21 Source: Defence Ministry Home | Department of Defence Production | MOD | Government Of India | India (ddpmod.gov.in) PINCUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 7#8Increase in Defence Capital Expenditure Globally the Defence Spending is on Rise France will increase defence spending by a third MAKE IN INDI India's defence Capital Expenditure ($ Billion) Desk 22nd Jan, 2023. 11:24 am France will increase defence Davos 2023 Egypt experiences Elon Musk's trial Link Link Link SHARE f in Emmanuel Macron to increase France's defence budget by one-third over the next seven years. ■France is intending to increase its air defences by 50%. ⚫The new defense bill for 2024-2030 hoped to boost military equipment production. Macron stated that he would ask parliament to approve a new budget of more than €400 billion ($430 billion) for 2024-2030, an increase from €295 billion for 2019-2025. Indian Defence spending in 2045E $654 Billion Indian Defence spending in 2030E $183 Billion World military expenditure and weapons trade | Knowledge for policy (europa.eu) Source: European Commission Lowey Institute for 2030 figures and UK study for 2045 figures AEROLLOY P. CINDUSTRIES TECHNOLOGIES 12023-24 ■2030 E 2045 E 22 22 2023-24 55 2030E 196 2045E Indian Defence Spending in 2023-24 $74 Billion Based on 30% of Defence Budget *Out of total Defence Spending ~30% is the capital expenditure Indian defence companies will get orders worth Rs 8 lakh crore over next 7 yrs, says Army chief Discerning that the Russia-Ukraine war has shown the need to cut dependence on foreign suppliers, Army chief Gen Manoj Pande Thursday said indigenous weapon system is the way forward and that orders worth Rs 8 lakh crore will be placed with Indian companies in the next 7-8 years. © 2023 ptcil.com 8#9Technology driven opportunities 9235 1 Global Supply Chain Disruption Opens a huge opportunity for PTC in Industrial as well as Aerospace and Defence Sector PTC Building cutting edge Technology INDUSTRIES AEROLLOY TECHNOLOGIES 2 Russia Ukraine War Implications Have opened gates for supply of Titanium Recently acquired Technologies Vacuum Arc Remelter Electron Beam Cold Hearth Remelting furnace Pioneer to bring this technology to Indial Widening Offerings © 2023 ptcil.com 3 Defence Spending and Indigenisation in India is on rise PTC's vision of PARITY gives opportunity. Investing in the UP Defence Industrial Corridor to develop cutting-edge technology Proven track record 6#10Our Dharma achieving Parity - + इहैव तैर्जितः सर्गो येषां साम्ये स्थितं मनः । निर्दोषं हि समं ब्रह्म तस्माद् ब्रह्मणि ते स्थिताः Therefore, It Is Our Dharma To Work Towards Building Equality In Respect of Capability, Technology, Skill Workmanship,Talent, Knowledge, Quality, Productivity, Efficiency, & Sustainability in the country to allow us to become a nation that is at par with the world. PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 10#11Technology Pyramid. Design & Engineering Technology DOO 528 Platforms & Equipment Assembly Integration & Testing Technology Systems & Products D Core Manufacturing Technology PTC AEROLLOY PC INDUSTRIES TECHNOLOGIES Critical Materials Processing Technology © 2023 ptcil.com Components Processed Materials 11#12Air Defence Systems PTC INDUSTRIES AEROLLOY TECHNOLOGIES Aircrafts | Helicopters | UAV & Drones 600 Platforms Airframe, Propulsion | Landing Gear | Weapon Systems Dynamic Parts Aero engine parts for low temperature & hot section | Small Turbo Fan Engine parts for UAV | Starters for Turbo Engine Titanium Alloys | Aluminium Alloys | Cobalt Alloys | Super Nickel Alloys | Controlled Microstructure Alloys Sub-systems Components Processed Materials © 2023 ptcil.com 12#13Technology Pyramid - Air Defence Sensors and Nose Kevlar Canopy Fuselage Engine ⚫ Special glass electronics Gallium • Carbon Epoxy Composite • Nickel • Cobalt • Cadmium • Tellurium Mercury Rare Earths Elements Beryllium Silver Electro-optical systems . Cadmium • Tellurium Mercury • • Germanium Neodymium • Yttrium • Aluminium Landing gear • Aluminium Titanium Copper Aluminium • Beryllium • Vanadium • Indium • • Tantalum • Cobalt • Special steels Rubbers Composites Wings Carbon Epoxy Composite Titanium • Aluminium • Copper • Magnesium Manganese Source: European Commission PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Propulsion • Aluminium Wings • Aluminium Magnesium Manganese Taill Carbon Epoxy Composite • Aluminium Zinc Magnesium Copper ⚫ Zirconium • • Chromium Molybdenum Aluminium ⚫ Titanium • Hafnium • Vanadium • Ceramics • Tantalum Tungsten • Magnesium • • Manganese • • Yttrium Cobalt ⚫ Nickel • Tungsten . Chromium • Niobium . Molybdenum Titanium • Copper • Titanium • Vanadium Nozzle and post-combustion • Carbon carbon composite Flaps • Iron • Chromium ⚫ Nickel • Molybdenum • Aluminium • Titanium Taill • Carbon Epoxy Composite • Titanium • Aluminium • Vanadium • Copper Magnesium Manganese © 2023 ptcil.com • Aluminium . Magnesium • Manganese • Fuselage • Aluminium Zinc Magnesium Copper Ziroonium • Copper Titanium • Vanadium • Beryllium • Cadmium • Germanium Sensors • . Gallium arsenide Gallium nitrite Beryllium . Silver • • • • Barium titanate Lithium Mercury Cadmium telluride Neodymium yttrium aluminium garnet Indium Carbon composites Landing gear Copper Beryllium Aluminum ⚫ Titanium Nickel ⚫ Chromium . • Molybdenum • Nickel • Tantalum • Tungsten Molybdenum 13#14Indian Air Defence Opportunities HAL GETTING ENQUIRIES FROM VARIOUS COUNTRIES FOR ITS ADVANCED HELICOPTERS Thursday, January 19, 2023 by Indian Defence News INDIA'S LIGHT COMBAT ATTACK HELICOPTER 'PRACHAND' IN LIMELIGHT FOR GLOBAL EXPORT COMPETITION Wednesday, December 07, 2022 by Indian Defence News INDIA IS AN IDEAL CANDIDATE FOR IMPROVING ARMENIA'S SU-30SM FIGHTER JETS WITH ASTRA AND BRAHMOS MISSILES Friday, January 13, 2023 by Indian Defence News 1 2 3 4 5 6 7 8 AMCA Aircraft Initial development cost is estimated to be close to Rs. 25,000 crore The engine development program is Rs. 15,000 crores PC PTC INDUSTRIES India's Ministry of Defence (MoD) in July 2022, indigenous content levels of HAL Tejas Mk1/Mk1A fighter (slightly more than 53%) Airframer's Dhruv utility helicopter (almost 56%) Light Combat Helicopter (54%) Light Utility Helicopter (52%) AEROLLOY TECHNOLOGIES India's air force to acquire nearly 20 squadrons, with 18 aircraft in each, of 3 indigenously developed fighter types Tejas Mk1A, Tejas Mk2 Advanced Medium Combat Aircraft (AMCA) More than 350 of the aircraft manufactured by 2045 Air Force chief said the service will procure enough aircraft to equip seven AMCA squadrons and six with Tejas Mk2s. Air force has placed orders for 83 Tejas Mk1As single-seat Tejas Mk1A was approximately USD 42 million © 2023 ptcil.com HAL received an $850 million contract for 70 HTT- 40s in October 2022 2 The Air Force has - 260 Su-30MKIS in use, from a total procurement of 272, and is seeking to upgrade 84 of the aircraft Indigenization of spares: Su 30, MiG 29, Mi Series of Helicopter, Rafael 14#15Strategic Defence Systems PTC OLLOY PINDUSTRIES CHNOLOGIES = BRAHMOS Missiles Rockets | Aerial Bombs DOO Platforms Warhead | Propulsion | Frame | Bomb Shells Sub-systems Cannisters | Rocket Motors | Jet Vanes High Pressure Bottles | Titanium Wings | Penetrators Components Titanium Alloys | High Strength Steel Alloys | Tungsten Processed Materials 15#16Technology Pyramid - Strategic Systems Guidance . Niobium • Lithium Niobate • Warhead Cupper Molybdenum • • Tantalum Source: European Commission PCPTC INDUSTRIES Hangers ⚫ Carbon • Nickel • Chromium Molybdenum • Aluminium • Titanium Wings & Structural Parts Copper ⚫ Nickel • Chromium • Molybdenum • Niobium • Tungsten Warhead Casing • Nickel Chromium Molybdenum Silica Ceramics Control Actuator Section • Samarium AEROLLOY TECHNOLOGIES . Cobalt • Boron • • Propulsion Lithium Chromium • Nickel Neodymium Praseodymium Dysprosium • Molybdenum • Titanium • Aluminium Samarium • Fuselage Aluminium Cupper • Magnesium Chromium . Silicon . Zinc • Zirconium Titanium Booster Motor case ⚫ Nickel • Chromium • Molybdenum Tail • Carbon ⚫ Nickel • • Chromium Molybdenum Manganese • Cobalt • Titanium tries © 2023 ptcil.com 16#17Indian Strategic Systems Opportunities. ARMY TO GET INDIGENOUSLY DEVELOPED HELINA ANTI-TANK MISSILES, VSHORAD MISSILE SYSTEM WORTH RS 4,276 CR Wednesday, January 11,2023 by Indian Defence News PRODUCTION OF QRSAM TO START WITHIN SIX MONTHS FOR INDUCTION IN INDIAN ARMY Thursday, January 05, 2023 by Indian Defence News YEAR ENDER 2022: BRAHMOS, AGNI, PRITHVI II: LETHAL MISSILES INDIAN TESTED THIS YEAR AMID TWIN BORDER THREATS Friday, December 30, 2022 by Indian Defence News Successful test firing of a highly advanced version of BRAHMOS air-launched missile from Su-30MKI New Brahmos Manufacturing Center in Lucknow will produce from 80 to 100 Brahmos missiles per year (Indian Defence Ministry's press office) Philippines accepted Indian BrahMos Aerospace proposal worth $374.9 million to supply a Shore-based Anti-Ship Missile System Acquisition for navy BRAHMOST PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 17#18Land Defence Systems PTC INDUSTRIES AEROLLOY TECHNOLOGIES Battle Tanks | Artillery Guns 600 528 Running gear | Armour Structural parts for ULH | Light Weighting. of Tanks & Armoured Vehicles | Armour Plates & Muzzles High strength steel | Titanium Alloys © 2023 ptcil.com Platforms Sub-systems Components Processed Materials 18#19Technology Pyramid - Land Defence SIT Optic-mechanic devices (frames) Carbon Infrared vision binoculars Lazer range finder Night vision Communication binoculars Gallium Arsenide Gallium Nitrite Beryllium Silver Germanium Carbon composites Beryllium Cupper Copper Tantalum Mercury cadmium telluride Neodymium yttmium- aluminium gamet Indium XM777 ASSEMBLIES Cannon Muzzle Brake and Towing Eye Firing Mechanism Screw Breech Glass and mirrors, lens, optical windows Quartz Ceramics Hull Beyllium Light aluminum alloys Very high hardness steel Armour Tungsten Composites Titanium Source: European Commission PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Gun barrels and accessories (breech rings, breech blocks, muzzle brakes) Carbon | Manganese | Chromium | Nickel | Molybderium | Vanadium © 2023 ptcil.com Body Saddle Elevating Gear Sighting System (UK) Traverse Gear Stabilizers Wheels, Suspension and Brakes Trails, Spades and Dampers Cradle Accumulator Recoil Cylinders Balancing Gears 19#20Land Defence Opportunities. M777 Howtizer (Domestic & Global) 000 Spares, Fabrication and Assembly of sub systems New guns requirement for India >50% ~ It is now the part of negative list of GOI BAE SYSTEMS IN INDIGENIZATION OF INDIAN DEFENCE MANUFACTURING TUESDAY, MARCH 10, 2020 BY INDIAN DEFENCE NEWS India ordered 145 howitzers from the US for $750 million in November 2016. As part of the deal, M777 manufacturer BAE Systems will supply 25 ready-built howitzers and the remaining 120 guns are being built locally WATCH: INDIAN ARMY'S ARTILLERY GETS MORE FIREPOWER WITH INDUCTION OF VAJRA & M777 HOWITZERS SATURDAY, NOVEMBER 10, 2018 BY INDIAN DEFENCE NEWS The decks for the Indian army's proposal for 814 155mm/52 calibre mounted guns systems (MGS), at a cost of Rs 15,750 crore ($2.55 billion) were cleared by the former defence minister Manohar Parrikar at DAC meeting a couple of years ago. PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 20#21Naval Defence Systems Corvettes | Frigates | Warships & Submarines IN Hull, Propulsion | Armament PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES OOO 522 Platforms Valves, Pumps | Water Jet Engine | Propellers | On-line Fittings | Sub-systems Components Titanium Alloys | Duplex & Super Duplex Stainless Steel | Nickel Aluminium Bronze Processed Materials © 2023 ptcil.com 21#22Technology Pyramid - Naval Defence Decks Aluminium Hanger, habitations, pipes Radar Hull Torpedoes Periscope, Propulsion Hull Composites Chromium Tungsten Nickel Gold Gallium Aluminium Nickel Chromium Lithium Aluminium Molybderum Magnesium Nickel Molybderum Titanium Chromium Molybderum Aluminium Titanium Manganese Zirconium sensors Carbon composite Piezoelectric ceramics Lithium Cobalt Samarium Barium Titanium Nickel Chromium Chromium Nickel Aluminium Copper Molybdenum Copper Molybdenum Titanium Manganese Silicon Vanadium Niobium Propulsion Lithium Cobalt Samarium Barium Titanium Nickel Aluminium Copper Gun Nickel Molybderum Chromium Manganese Vanadium Source: European Commission PC PTC INDUSTRIES Bow sonar Carbon AEROLLOY TECHNOLOGIES © 2023 ptcil.com 22#23Indian Naval Defence Opportunities INDIAN NAVY MAY REPEAT KALVERI CLASS ATTACK SUBMARINE ORDER: REPORT TUESDAY, JANUARY 24, 2023 BY INDIAN DEFENCE NEWS On July 20, 2021, the Ministry of Defence floated a request for proposal (RFP) for AIP equipped six Project 75 I class submarines at the cost of 40,000 crore. Since it is normal for Indian military-civilian bureaucracy to take at least 10-15 years to complete any big acquisition, it means that the current Scorpene submarine line at MDL will go to seed with the next set of 75 I class being built in late 2030s with a fresh massive investment on submarine line. All this appears to be set for a change. | Rs 48,000-cr orderbook nominated primarily by Navy; margins pegged at 7.5-8%: Mazagon Dock Shipbuilders Cochin Shipyard (CSL) link According to ICICI Securities, CSL's Q2FY23 performance was impacted mainly on account of slower than expected execution; possibly in its major active projects. Order backlog is estimated to be at around Rs. 21,000 crore post the recent vessels contract of Rs 1,000/- crore from Europe. The majority of the large contracts in order-book is expected to witness meaningful execution from FY24 onwards (like 6 NG Missile Vessels, ASW corvettes, export order of vessels). Moreover, Ship repair segment, which is already doing better, would see more good opportunity in the future post the expansion of facilities at Mumbai, Kolkata and Port-Blair, it said. CNBC TV18 By Mangalam Maloo | Nigel D'Souza | Nov 11, 2021 9:02 PM IST (Published) With record *22,930-cr order book, Garden Reach Shipbuilders eyesdouble turnover November 25, 2022-Updated 07:47 pm IST | November 25 The MD said he was "eagerly looking forward" to the company's riverine electric passenger vessel being built for West Bengal govt, as electric vessels are the need of the hour BY BL CHENNAI BUREAU Government of India owned naval shipbuilder, Garden Reach Shipbuilders & Engineers Ltd, has a record order book of *22,930 crore. This is for seven shipbuilding projects, two of which are expected to be completed in the current year. The other five will be executed in 2024-25. PTC PC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 23#24Global Civil Aerospace Source: European Commission PC PTC INDUSTRIES (8 Wing Engine mount Tail AEROLLOY TECHNOLOGIES Engine disc Fuselage © 2023 ptcil.com O Airfoil Landing gear 24#25Global Civil Aerospace Opportunities. 42,700 Value in USD 6.3 trillion New aircraft in next 20 years (2043) Airplane Deliveries: 42,700 2%5% New Airplane Value: USD 6.3 Tn 3480 44% Will replace older aircraft in service Global Aerospace & Defense Market (USD Bn) 941 1,006 1,076 843 722 778 2021 2022 2023 2024 2025 2026 The Indian Aerospace & Defence market to reach ~US$ 70 billion by 2030 Source: Titanium USA Report | IBEF PTC INDUSTRIES AEROLLOY TECHNOLOGIES 19% 73% Regional Jet Single-aisle Widebody ■Freighter 2480 110 280 ■Regional Jet Single-aisle Widebody ■Freighter Tapping the opportunity in Aerospace and Defence Market (A&D) 34 (888) مرافقة 0000 Industry is facing supply-chain disruptions amid geopolitical issues Creating opportunity for Asian players (along with the China plus one policy India is a bigger beneficiary in Aerospace and Defence Market) The Government's push for Make in India and exports to thrust domestic demand in A&D sector PTC's technological advantage is setting stage to cater to opportunities in this market © 2023 ptcil.com 25#26Aero Engines & Gas Turbines Low Pressure Turbine Combustor Superalloys Low Pressure Compressor Titanium Superalloys y weight High Pressure Turbine Superalloys/Powder Alloys High Pressure Compressor Titanium/Superalloys Engine Shaft Fan High-strength steels Titanium/Composites Source: European Commission PPTC INDUSTRIES AEROLLOY TECHNOLOGIES Aluminium Titanium Steel Nickel Air Exhaust Low pressure turbine Power shaft Combustors High pressure compressor Low pressure compressor © 2023 ptcil.com Air High pressure turbine Turbine blade 26#27Indian Aero Engines Opportunities MT30 Marine Gas Turbine World's most powerful in service marine gesturbine 21ST CENTURY PROPULSION FOR INDIAN NAVY WARSHIPS: ROLLS-ROYCE AND HAL MOU FOR MT30 MARINE ENGINES Sunday, May 8, 20121 by Indian Defence News www.indiandefensenews.in DEFENCE EXPERTS URGED THE INDIAN GOVERNMENT TO MAKE AERO ENGINES IN INDIA FOR SELF RELIANCE Sunday, July 21, 2019 by Indian Defence News Greater use of lightweight materials DRDO'S TURBO FAN ENGINE FOR UAVS WILL MAKE INDIA SELF-RELIANT IN THIS COMPLEX AND CRITIVCAL TECHNOLOGY: G. SATHEESH REDDY, SECRETARY DDR&D & CHAIRMAN DRDO Thursday, November 25, 2021 by Indian Defence News +30% of Titanium per Leap Engine Titanium main parts for leap • Fan Disk and Fan Blade Leading Edge • Fan Hub Frame and LPC Vanes & Blades Fan Frame Shroud, Struts & Shroud Link Fan Frame LPC Vanes & Blades Fan Hub Frame Fan Frame Shroud Fan Blade • Bearing Housing and Supports • Kit Engines, Tubes, Struts.. AMCA Aero Engines: The project's initial development cost is estimated to be close to Rs. 25,000 cr, out of which engine development program is Rs. 15,000 cr PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 27#28Medical Implants Source: European Commission PTC PC INDUSTRIES AEROLLOY TECHNOLOGIES Knee Femoral Component Knee Replacement Market Size Total Knee Replacement Market Size was valued over USD 9 Billion in 2019 and is expected to grow at over 4.5% CAGR up to 2026. Total Knee Replacement is a surgical procedure to resurface a damaged knee due to arthritis. Growing trend among doctors for using robotics technologies to treat knee arthroplasty is booming. TOTAL KNEE REPLACEMENT MARKET Polyethylene Articulating Surface Stemmed Tibial Plate 2019 2021 2022 2023 2024 2025 2020 2028 CAGR (2020-26): 4.0% > $9.0BN CAGR (2020-26) 6.0% 9.0% Technology Assisted Surgery Segment Revision Knee Replacement System 4,7% Ceramic on Plastic Segment 6.1% ASC Segment Regional Insights >$12.0BN APAC Market Value (2019): >$1.7 BN UK Market CAGR (2020-26): 4.3% Germany Market Value (2019): > $430 MN NA Market Value (2026): > $5.8 BN Total Knee Replacement Market Share - Industry Size Report 2018-... Gwww.gminsights.com/industry-analysis/total-knee-replacement-market © 2023 ptcil.com 28#29Platform Independent Core Manufacturing Technologies. Established Capabilities to Cater to entire Spectrum of A&D Sector 360° PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Civil Aviation Torque tubes airframe structural engine mounts turbine frames engine liners swirlers and injectors Air Defence Airframe Structures Intermediate casings Bearing Housings Re-fuelling nozzles Turbine oil-tanks Engine Gearboxes Land Defence Suspension arms Muzzle Brakes Lightweight artillery structures Armour Protection Naval Defence Pump components valves on-line fittings radar structures propellers and propulsion components Space Propellant tanks Propulsion nozzles bulkheads liquid fuel pump casings and impellers lightweight structurals Aero Engines Turbine frames blades, buckets and vanes bearing housings inlet and outlet structures Strategic System Propellant tanks Propulsion nozzles bulkheads Pressure bottles lightweight structural © 2023 ptcil.com 29#30PTC & Aerolloy Technology Verticals 圓 TO OOO) W Industrial Castings Machining & Assembly Titanium Castings Super Alloy Castings Controlled Microstructure Titanium Alloy Mill Replicast, CNC 5-Axis Rapidcast, Investment Casting Machines; Assembly shop INDUSTRIAL CASTINGS & MACHINING PC PTC INDUSTRIES AEROLLOY Investment Casting; VAR; HIP Investment Casting; VIM; HIP AEROSPACE CASTINGS GROUP © 2023 ptcil.com TECHNOLOGIES Super Alloy Mill Investment Casting; SX, DS, EQ VAR, EBCHR, PACHR; Forging Masteralloy VIM, VAR; Forging AEROSPACE MATERIALS GROUP 30#31Technology Development Process Readiness Phase MRL Product Development Cycle Stage owner Definition for PTC MRL 1 Pre development MRL 2 decision MRL 3 Gate 4 Critical for PTC Low-rate initial production MRL 9 Initial Production R&D team under CTO Solution Analysis MRL 4 Concept Initiation Gate 1 Critical for PTC MRL 5 Technology Maturation & Risk Reduction Concept & Technology Development MRL 6 Gate 2 Critical for PTC MRL 7 Product Development Engineering & Mfg. Development Gate 3. MRL 8 Product Development Technology Development team under CTO Documentation of basic idea and identified potential applications and identification of basic mfg. implications Technology concept and/or application formulated, and mfg. concept developed Manufacturing proof of concept developed Capability to produce the technology in a laboratory environment Capability to produce prototype components in a production relevant environment Capability to produce a prototype systems or subsystem in a production relevant environment. Capability to produce systems, sub systems or components in a production representative environment. Pilot line capability demonstrated. Ready to begin low-rate production Low-rate production demonstrated. Critical milestone #1 Critical milestone #2 Technology adoption decision Technology Solution Analysis Technology maturation & risk reduction Engineering & Manufacturing Development Production & Deployment Operations & Support Technology Acquisition Technology Absorption Technology adoption decision 2 Technology solution Analysis 3 5 Critical Milestone #1 Tech. maturation & risk reduction Critical Milestone #2 To be decided Technology adoption decision Technology Solution Analysis Technology maturation & risk reduction Technology Acquisition Critical milestone #3 Critical milestone #4 Engineering & Manufacturing Production & Deployment Operations & Support Development Technology Absorption Gate 5 Full-rate production MRL 10 CFT invoicing Technical team (under CTO), BE and Ops. Capability in place to begin Full Rate Production. 2 Rate Production Operations Team only Full rate production demonstrated and lean production practices in place. Engineering & Mfg. Development Critical Milestone #3 3 Production & Deployment Critical Milestone #4 5 Operations & Support PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 31#32PTC INDUSTRIES AEROLLOY PTC INDUSTRIES Towardsparity © 2023 ptcil.com TECHNOLOGIES AER 32#33Developing Cutting-Edge Technologies REPLICAST RAPIDCAST INVESTMENT CASTING TICAST PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com FORGECAST POWDERFORGE PRINTCAST TITANIUM POWDER 33#34INDUSTRIAL CASTINGS Air melt High Alloy & High Precision Castings AEROLLOY TECHNOLOGIES po PTC INDUSTRIES 34 © 2023 ptcil.com#35Technology - Rapidcast, Replicast, Investment Casting RAPIDCAST Quality Value - Speed - up to 5,000 kgs single piece 7-Axis CNC machining robots to machine patterns R REPLICAST Near net shape casting solutions using ceramic shells with weight range up to 2,500 kg INVESTMENT CASTING Microstructure controlled castings (Single Crystals and Directionally Solidified) for Aeroengines PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 35#36PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 36#37Application of Technology (Industrial) Oil & Gas Segment Ball Ball Valve Body Ball Valve Body Pump Casing LNG Butterfly Valve Body Globe Valve Body Buttweld Valve Body Butterfly Valve Flange Body ollo Food Processing Valve Housing Tunnel Rotary Valve Body Rotary Valve Body Pulp & Paper Housing Feed Screw CINDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com Valve Box 37#38AEROSPACE CASTINGS GROUP Titanium and Super Alloy Castings AEROLLOY TECHNOLOGIES PTC PC INDUSTRIES 0000000000 38 © 2023 ptcil.com#39Technology - Ti Cast, Controlled Microstructure, ForgeCast As Cast Forged or Wrought ForgeCast 10 1 10 ✓ TICAST Vacuum melt casting of Reactive alloys Investment casting, PrintCast, Replicast Controlled Micro-Structure Technology helps to control both the cast microstructure and defect formation FORGECAST Where castings and forgings converge Near net shape castings with forging properties Hot Isostatic Press (HIP) Used to eliminate pores in metal components A must technology for critical components like Aerospace PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 39#40TiCast Titanium and Super Alloy Castings. - PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES e 40 © 2023 ptcil.com 40#41Controlled Microstructure Castings (EQ, DS, SX) PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 41#42ForgeCast - Hot Isostatic Pressing (HIP) PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 42#43New Aerospace Castings Facility DIC Campus Aerospace Castings New Aerospace Castings facility of 15,000 sqm at the new 50 acre land in Lucknow in the UP Defence Industrial Corridor PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES 43 © 2023 ptcil.com#44New Large Titanium Casting VAR PTC AEROLLOY INDUSTRIES TECHNOLOGIES 10. I Total Liquid Metal (kgs) Annual Casting Capacity Maximum Dimensions 400Kgs 300 Tonnes 1,700mm Minimum wall thickness 3mm Furnace type Vacuum Arc Remelter (VAR 44 © 2023 ptcil.com#45New Large Super Alloy Casting VIM -8250- PTC AEROLLOY INDUSTRIES TECHNOLOGIES KG Total Liquid Metal Annual Casting Capacity Maximum Dimensions Minimum wall 1000 Kgs 300 Tonnes 1,800 mm thickness 3 mm T Furnace type Alloys Vaccum Induction Melting (VIM) Inconel 718, 706, 713 LC, 738 LC; M247 LC © 2023 ptcil.com 45#46New Large Vacuum Heat Treatment Furnace Total Loading Weight (kgs) 1500 Kgs Furnace Dimensions (WXH) 1200X1200 mm Maximum Dimensions (L) 1,500 mm Minimum wall thickness 3 mm Furnace type Vacuum Heat Treatment PTC INDUSTRIES TECHNOLOGIES AEROLLOY © 2023 ptcil.com Installed by Mid 2024 Commissioned by End 2024 Status Ordered Alloys All Titanium and Super Alloy grades 46#47AEROSPACE MATERIALS GROUP UPDIC Campus - Aerospace Materials Mill Titanium and Super Alloy Mill Ingots, Billets, Rods, Bars, Slabs, Plates PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES 47 © 2023 ptcil.com#48New Aerospace Materials Mill - Acquired Electron Beam Cold Hearth Remelting (EBCHR) furnace and Vacuum Arc Remelter (VAR) through its wholly owned subsidiary "Aerolloy Technologies Limited (ATL)" Manufacturing Titainum (Ti) Ingots One of the few global players to have capabilities to manufacture Titanium Ingots Manufacture Ti Ingots from Recycled / Scrap Titanium Titanium alloy ingots manufactured by recycling & remelting of scrap have equal acceptability compared to ingots manufactured using Titanium sponge (from ore) Capacity The EBCHR furnace will have an installed capacity of 5,000 tonnes p.a. and VAR Furnace will have capacity of 1,500 tonnes p.a. for manufacturing Titanium ingots. Recent Supply Chain Disruption Global supply chain, gives strategic advantage of having a facility to manufacture titanium alloy ingots with up to 80% of readily available & cost-effective Titanium scrap is a highly profitable proposition for PTC PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES 15% PTC will possess a market share of over 15% of the world recycled Titanium Material production World's largest single site Titanium recycling facility in India © 2023 ptcil.com Phase 1: Investment ~Rs. 150 $ crores At full capacity: Potential Revenue multiple of 10- 15x with robust margins 48#49Titanium & Super Alloy Metal Manufacturing PPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 49#50TechnologyTitanium & Super Alloy material manufacturing 阎 Vacuum Arc Remelter (VAR) A secondary melting process for the production of metal ingots with elevated chemical and mechanical homogeneity for highly demanding applications Electron Beam Cold Hearth Remelting (EBCHR) This process is of great importance for the processing and recycling of scrap and waste of reactive metals, especially Titanium Plasma Arc Cold Hearth Melting (PAM) Used for melting and remelting of Alloys (e.g. Titanium Alloys) which contain larger amounts of alloying elements with high vapor pressure that would evaporate under deep vacuum conditions Vacuum Induction Melting (VIM) A primary melting process for the production of Super Alloy metal ingots with elevated chemical and mechanical homogeneity for highly demanding applications 阍 PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 50#51Masteralloy Vacuum Induction Melting Furnace (VIM) VIM [] wwwww Maximum Ingot Weight (kgs) Annual Maximum Annual Maximum Melting Capacity Ingot Diameter Melting Ingot Length Capacity 1,000 Kgs 600 Tonnes 400 mm 1,000 mm 1,200 Tonnes PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com CONSARC 51#52Vacuum Arc Remelting Furnace (VAR) VAR 80 [] wwwww Maximum Ingot Weight (kgs) Minimum Ingot Diameter Maximum Annual Maximum Ingot Diameter Melting Ingot Length Capacity 12,000 Kgs 600 mm 1,020 mm 3,300 mm 1,500 Tonnes PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com STAND 125 STAND 52#53Plasma Arc Cold Hearth Refining Furnace (PACHR) PACHR 80 [] wwwww Maximum Ingot Weight (kgs) Minimum Ingot Diameter Maximum Ingot Diameter Maximum Ingot Length Annual Melting Capacity 250 Kgs 100 mm 150 mm 3,000 mm 200 Tonnes PTC AEROLLOY INDUSTRIES TECHNOLOGIES 53 © 2023 ptcil.com#54Electron Beam Cold Hearth Refining Furnace (EBCHR). EBCHR [] wwwww Maximum Ingot Weight (kgs) Min Ingot/(Slab) Dia/(TXW) Max Ingot/(Slab) Annual Maximum Melting Ingot Length Dia/(TXW) Capacity 12,500 Kgs 600/(500X1 050) mm 840/(500X1 300) mm 5,000 mm 5,000 Tonnes PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 3 2 alp 54 54#55Metals Recycling 3 ماه 2 Shows that Green Titanium® will avoid 26.4 tonnes CO2 per tonne of Titanium produced by recycling compared to traditional methods. The volume of emissions avoided is expected to increase in the future as operations reach their nominal production rate. Using this benchmark at full capacity, Titanium ingots produced by PTC's newly acquired EBCHR further would reduce 132,000 tonnes of CO₂ emissions. PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 55#56Sustainability Sponge Turnings & Scraps ATL TITANIUM MILL Forging bars / Slabs VAR ATL FORGING & PROCESSING PTC PC INDUSTRIES AEROLLOY TECHNOLOGIES Turnings & Scraps Ingots EBCHR & PAM CNC Machining Processing:Billets, Bars, Tubes, Rods, Sheets, Blooms... Quality & Testings Hot Isostatic Pressing (HIP) & Vaccum Heat Treatment Vaccum Arc Remelting Design & Simulation Pattern Making 7 ATL CASTINGS Robotic Shelling CASTINGS © 2023 ptcil.com MILL & PROCESSED PRODUCTS 56#57Open Die Forging Press. Open Die Forge Forge Press rating (Tonnes) 4,000 Tonnes Min Billet/(Plate) Dia/(WXT) 80/(1,500X20) mm Max Billet Diameter 600 mm Maximum Ingot Length 4,000 Tonnes Maximum Annual Billet Weight Forging Capacity Installed by 12,500 kg 8,000 Tonnes Mid 2024 ODODO Commissioned 園 Status by Under End 2024 procurement AEROLLOY TECHNOLOGIES Alloys Titanium & Super Alloys HBE P+PTC INDUSTRIES 57 © 2023 ptcil.com#58Products PTC AEROLLOY INDUSTRIES TECHNOLOGIES Titanium and Super Alloy Wrought Products Ingots, Billets, Rods, Bars, Slabs, Plates © 2023 ptcil.com 58#59MACHINING & ASSEMBLY GROUP CNC & 5-Axis Machining & Assembly AEROLLOY TECHNOLOGIES p.c PTC INDUSTRIES © 2023 ptcil.com 59#60CNC Machining. ElectroM 0 AMTC PLMC 10038 ELLIGENT/MULTI-TASKING wwwww © 2023 ptcil.com TECHNOLOGIES PC PTC INDUSTRIES AEROLLOY Mazak 60#61PTC at a Glance PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com C 61#62Our Journey THE ORIGINS 1960s New Capabilities Satish Chandra Agrawal Begun with a dream of creating a new capability in the country 1970s Indigening technology Import replacements for Import replacements for First step towards self-relience First investment Costing Foundry in India 1965 Established Plasma arc melting capability For manufacture of metal components in such metallurgies that the country had never produced Vacuum melting technology PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 62#63Our Journey Make in India Make for the world Venture into exports EXPORT 1981 Set up of in house research labs 1988 Bringing technology Technical col abenions or enhancing capability further 2007 Introducting automotion 1980s GOING GLOBAL At par with the world PTC became capable of replacing import of industrial components 1986 Winning Accolades Recognition by Departmen of science & Technology PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 2006 Award winning technologies-Rapidcast First ever Robotic-Shell Coating system developed and installed Award the National Award for R&D by Government of India 63#64Our Journey 2014 One of 16 Hidden Gems Time India Special Innovator of the Year ΤΙΜΕ WITH INDIA AWARDS EDGEAR THE LEAP 2010s Harnessing intrinsic capability CHOSSTRES CASTING WASC 2623 Over 6,C single pie Near-Ne e casting PTC AEROLLOY INDUSTRIES TECHNOLOGIES Over 6,000 single piece Near-Net-Shape castings 2011 DSIR approved project - for Rapid Cast Technology Forbes HIDDEN GEMS Identified as fast growing company with constant innovation © CII Industrial Innovation Awards Rolls Royce Cost Leadership Award Uttar Pradesh Gomti Gaurav Award © 2023 ptcil.com 64#65Our Journey 2015 Titanium Casting Capability FIRST time ever in India Exotic & Hignor Alloy Powder Add five Menufacturing Exotic & Hignor Alloy Powder PC PTC INDUSTRIES Robotics and automation 2017 Building a new Advanced manufacturing capability from Global ground up Latest methodologies best practices and processes 換機 Forbes HODEN CONS MY Best in class technologies State of the art/infrastructure Cleans & Green Sustainable manufacturing technologies Reuse & Recycle Clean energy from solar solar Passive Cooling Design and simulation techniques Rainwater Harvesting 65 AEROLLOY TECHNOLOGIES © 2023 ptcil.com#66Our Journey 2019 TOWARDS PARITY Experimentation of development through automation and robotics PTC MAKE IN INDIA AEROLLOY P. INDUSTRIES TECHNOLOGIES A path to excellence, enrichment, prosperity © 2023 ptcil.com 2021 Profound and long lasting benefits for the nation दृष्टानां दृष्टप्रयोजनानां दृष्टाभावे प्रयोगो ऽभ्युदयाय ॥ १०.२.८ ॥ drstānām drstaprayojanānām dṛṣṭābhāve prayogah 'bhyudayāya || 10.2.8 || The path to prosperity is by the way of 'Prayogah, experimentation and technological development - Vaisheshika Sutra 99 66#67It's the proficient team which are the strong pillar of the company MBA in Operations - University of Tulsa, Oklahoma & M. Sc in Finance - Boston College, Massachusetts Industry Experience of 25+ years Responsible for new technologies & continuous R&D efforts Sachin Agarwal Chairman & MD Mr. Priya Ranjan Agarwal Director, Marketing Bachelor of Engineering (Mechanical) Industry Experience of over 35+ years Responsible for BD in key infrastructure projects & domestic marketing activities PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Mr. Alok Agarwal Director, Quality & Technical B.E. in Metallurgy from IIT, Kanpur Industry Experience of over 33+ years Responsible for improving quality standards in Plant & obtaining various ISO & quality certifications Ms. Smita Agarwal Director & CFO Qualified CA & DISA (ICAI) Industry Experience of 20+ years Led multiple strategic financial initiatives in PTC while implementing best practices for good governance and transparency © 2023 ptcil.com James Collins Head Technology & Innovation Qualified Metallurgist with a number of patents in his name Industry Experience of 15+ years Leading technical expert in field of Investment Casting, Vacuum Melting, Single Crystal & Directional casting & Powder Metallurgy Stephane Bras Head of Sales - Europe Master degree in international Sales Industry Experience of 20+ years Responsible for developing the International Sales of the group, and to manage development projects. 67#68Certification CERTIFICATE Management system as per EN 9100:2018 of 150 9001:2015) Aerolloy Technologies LTD. NH-25A Sarai Sahjadi Lucknow, UP 224101 India TUV NORD AEROLLOY TECHNOLOGIES Manufacture of As-Cast and Machined investment casting in air and vacuum melt for Steel and Titanium alloys TOVNOCEN TOV NORD CERT G DAKKS BDLI Tawn 201-10-08 PPTC INDUSTRIES RDTIA AEROLLOY TECHNOLOGIES CERTIFICATE Management system as per ISO 9001:2015 TUV NORD AEROLLOY TECHNOLOGIES LIMITED Lucknow 224 101 ABROLLOY TECHNOLOGIES Uttar Pradesh India Manufacture of as Cast and Machined stent Casting Air & Vac Met for Steel&Titanium Aloys IAF TUV IVE © 2023 ptcil.com AS 9100 AS/EN 9100 Approved since 2021 QIAI ATL is an Approved Supplier to Israel Aerospace Industries (IAI) Honeywell ATL Is an Approved Supplier to Honeywell after completion of NSI Audit and Compliance BAE SYSTEMS ATL is an Approved Supplier to BAE Systems SAFRAN Safran Aircraft Engines Approval 68#69Our Core Values aspire PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES ACILITY SUSTAINABILITY agility sustainability passion Agility is a key value for PTC driving success in today's ever-changing, globally competitive environment with the capacity for rapid change and flexibility Focus on sustainability is extremely important at PTC in protecting our environment and ensuring long-term sustainability for future generations Our thrust for passion is an internal motivator, a following of one's values, of one's intrinsic, unique desires constantly driving us to achieve higher standards PASSION INTEGRITY RESPECT EMPATHY integrity Our core value of integrity permeates all levels of our company and reflects our commitment to fostering a culture of ethics, transparency and good governance respect One of our foremost values is to treat our customers, partners, suppliers and team members, with mutual respect and sensitivity, recognizing the importance of diversity. empathy With an empathic approach, we work towards improving teamwork and relationships to build a productive and enjoyable working environment © 2023 ptcil.com 69 69#70Our focus on Human Resource Development Training and Competency Development Framework. PC PTC INDUSTRIES AEROLLOY Create (L4) Evaluate (L4) Analyse (L3) Apply (L2) Understand (L1) Remember (L1) This relates to ability to manage job and develop interaction with the other persons. For example- Problem solving. LEADERSHIP COMPETENCY This relates to functional capacity of work. It mainly deals with the technical aspects of the job. For example- market research, financial analysis etc. JOB/ TECHNICAL COMPETENCY Common to every one in the organization COMMON COMPETENCY- (core values) TECHNOLOGIES © 2023 ptcil.com 70#71Current & Future Renewable Energy Sources GREENHOUSE GAS PROTOCOL PTC Industries and Aerolloy is committed to comply to Carbon footprint reduction and GHG protocols, in accordance with International standards, meeting the Paris Agreement targets PCPTC INDUSTRIES COCH OMG PARIS2015 CURRENT 750kW Roof Top Solar (AMTC) 750kW Wind Turbine (Mehsana) FUTURE 10-12MW Solar Plant SCIENCE (Aerolloy Metals) BASED TARGETS DRIVING AMATOUS CORPORATE CLIMATE ACTION >50% Energy consumption from renewable sources 71 AEROLLOY TECHNOLOGIES © 2023 ptcil.com#72Roadmap for Carbon Footprint Reduction A:Environments leader ( 1,5° C /SBTi Validated Supplier & customers involved A Scope 3 action plan : B: Scope 3 Measured B: Action plan in progess on scope 1&2 C: Action plan defined on scopes 1 & 2 with objectives, schedule, organization, resources& budget C: Targets on scope 1 &2 defined & communication done D: Measures on scope 1 & 2 done with validated protocole (as GHG protocol),&verified by third party D: Engaged in decarbonization approach with regular measures E: No structured approach but wants to implements E: No structured approach 2025 Supply-chain involved / Low carbon freight ... 2024 Green energy source implemented &/or energy reduction solution deployed ... Carbon reduction strategy defined and targets in line 2023 with the Paris agreement Land at UP Defence Corridor 2PTC INDUSTRIES AEROLLOY © 2023 ptcil.com TECHNOLOGIES 72#73Our efforts are getting recognised. a Mantri's Award For 1 Raksha Srijan Ratn (2021-2022) Raksha Excellen Awarded to M/s PTC Industries Ltd, Lucknow Indigenisation/Import substitution Under Category-Medium Scale Enterprise DrAjay Kumar (Shri Rajnath Singh Defence Secretary PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES Raksha Mantri's Award at #DefExpo2022 HANDING OUED AERO-C SAFRAN BAE Systems, PTC sign MoU for making M777 Howitzer parts The first sub-systems will be made by end of 2022 BAE SYSTEMS PO Handover by SAFRAN AIRCRAFT ENGINES at #AeroIndia 2023 TO ABOLLOY ECHNOLOG SH NATH S MoU Signing with DASSAULT AVIATION at #AeroIndia 2023 MOU SIGNING BETWEEN I AEROLLOY TECHNOLOGIES & DASSAULT B AEROLLOY / PTC will exhibit at Paris Air Show 2023 © 2023 ptcil.com SHR Heg ATH SIM Defense Minista 54th INTERNATIONAL PARIS AIR SHOW LE BOURGET JUNE 19-25, 2023 54 SALON INTERNATIONAL DE L'AÉRONAUTIQUE & DE L'ESPACE PARIS LE BOURGET 19-25, JUIN 2023 the the the them the UP to excel in aerospace, defence sectors: Rajnath Opens First Pvt Manufacturing Unit In Corridor "Age of chur a The hers run by Mica Tepesasitory of PTC 73#74Aerolloy Inauguration Nov 2021 PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 74#75Financials PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 75#76Q4FY23 & FY23 Highlights Particulars INR Cr Q4FY23 Q4FY22 YOY Q3FY23 QoQ FY23 FY22 YOY Total Income EBITDA 62.7 52.7 19.0% 60.9 2.9% 226.7 185.2 22.4% 18.9 13.8 36.8% 16.1 17.4% 66.1 48.4 36.6% EBITDA Margin% 30.2% 26.3% 26.5% 29.2% 26.1% Profit Before Tax 11.4 6.1 88.7% 7.9 45.7% 33.7 18.6 81.1% 00 Profit After Tax 9.2 4.6 99.1% 6.1 51.0% 25.8 12.8 101.5% PAT Margin% 14.7% 8.8% 10.0% 11.4% 6.9% PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 76#77Key Financial Highlights (FY23) Total Income Consolidated 227 Cr CAGR Growth % 9.9% Consolidated € 66 Cr EBITDA EBITDA Margin (%) CAGR Growth % Consolidated 23.6% 18.2 % 29.2% In FY23 Increased by 22% FY22 CAGR (FY19-FY23) Increased by 37% FY22 CAGR (FY19-FY23) In FY19 Profit After Tax Consolidated 26 Cr CAGR Growth % 24.0% Property, Plant & Equipment Consolidated * 226 Cr CAGR Growth % 15.0% Consolidated Networth CAGR Growth % * 307 Cr 21.6% CAGR (FY19-FY23) Increased by 102% FY22 CAGR (FY19-FY23) As on March 2023 CAGR (FY19-FY23) As on March 2023 PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 77#78Key Financial Highlights Total Income 226.7 175.3 185.2 168.5 155.5 EBITDA 66.1 48.4 40.1 35.5 28.4 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 PAT 12.8 10.9 10.5 4.4 25.8 FY19 FY20 FY21 FY22 FY23 PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com EBITDA Margin % 29.2% 26.1% 23.8% 20.2% 18.2% FY19 FY20 FY21 FY22 FY23 In Rs. Cr 78#79ACCOUNTING RATIOS Particulars As at March 31, 2020 As at March 31, As at March 31, As at March 31, 2021 2022 2023 35.0% Profitability Ratios 30.0% EBITDA Margin 20.2% 23.8% 26.1% 29.2% 25.0% Operating Profit 15.04% 15.75% 18.86% 22.55% Margin [EBIT] 20.0% PBT Margin 8.27% 7.53% 9.51% 15.35% 15.0% PAT Margin 6.25% 2.67%* 7.16% 11.56% 10.0% Return on Equity 6.97% 2.80%* 7.60% 8.26% 5.0% PTC AEROLLOY P. INDUSTRIES TECHNOLOGIES © 2023 ptcil.com Profitability Ratios 0.0% Mar-20. Mar-21. EBITDA Margin PBT Margin Return on Equity Mar-22. Mar-23 Operating Profit Margin [EBIT] PAT Margin 79#80Key Financial Highlights 129.1 Gross Property, Plant & Equipment 234.4 225.5 209.5 208.4 Debt to Equity (x) Total Equity 140.4 150.7 155.3 168.5 306.7 1.17 1.16 1.02 1 0.57 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com In Rs. Cr 80#81ACCOUNTING RATIOS Particulars) As at March 31, 2020 As at March 31, As at March 31, 2021 2022 9 5 As at March 31, 2023 4 3 Leverage Ratios 2 Long Term Debt / 3.04 1 Operating EBITDA 2.69 2.22 1.64 0 Jan-20 Total Bank Loan / 5.32 4.75 4.66 Operating EBITDA 3.01 Total Debt to 1.00 1.07 Equity Ratio 1.16 0.58 Liquidity Ratios Leverage Ratios Jan-21 Jan-22 Long Term Debt / Operating EBITDA Total Bank Loan / Operating EBITDA Total Debt to Equity Ratio Liquidity Ratios Jan-23 3.5 3 2.5 Current Ratio 1.07 1.12 1.11 1.60 2 1.5 Interest Service 1 Coverage 2.22 1.92 2.23 3.13 Ratio (ISCR) 0.5 0 Jan-20 Jan-21 ⚫Current Ratio Jan-22 Jan-23 ISCR PTC AEROLLOY INDUSTRIES TECHNOLOGIES © 2023 ptcil.com 81#82REALISATION OVER THE YEARS Particulars PTC Industries Limited Unit FY18 FY19 FY20 FY21 FY22 FY23 Total Revenue* Rs Crs 104.2 155.5 175.3 168.6 185.8 226.7 EBITDA Rs Crs 18.3 28.4 35.5 40.1 44.1 58.6 EBITDA/kg Revenue per kg Rs/kg Rs/kg 149 168 204 268 281 380 849 922 1005 1126 1183 1480 * Includes revenue from sale of products, pattern development, tooling, waste and scraps, export incentives, income from power generation, gain on foreign exchange fluctuation (net) and other income The uptrend in realizations is likely to continue as it focuses on higher sales of high value-added product segments Company has in-house pricing mechanism which helps to determine price of the finished products Regular and repeat parts (supplied for many years) - made with dies using RepliCast or Investment casting technologies For prototyping or small quantities - made with virtual tooling using RapidCast/PrintCast PCPTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 82#83Successful Fund Raise to Fund the Expansion Me Mode of Fund Raise Rights Issue Instrument Aggregate Fund Raise The company offered 78,58,594 Fully Paid-Up Equity Shares for cash at a price of Rs 10/- each, totalling Rs. 7.9 crores, and the transaction has been successfully completed Rights Preferential Issue ~222 Crores Preferential Issue Issue and allotment of 2,89,600 Equity Shares and 6,30,170 Fully Convertible Warrants convertible into an equal number of Equity Shares, on a Preferential basis, both at an issue price of Rs. 2,349/- per share/warrant, aggregating to a total of approximately Rs. 214 crores PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES The Raised Funds will be utilized towards CAPEX funding © 2023 ptcil.com 83#84PASSION & COLLABORATION Contact Us PTC Industries Limited Smita Agarwal, CFO [email protected] Ernst & Young LLP Vikash Verma [email protected] Abhishek Bhatt [email protected] PC PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 84