#1GE GE T&D India Limited L31102DL1957PLC193993 T-5 & T-6, Plot I-14, Axis House, Jaypee Wishtown, sector-128, Noida-201304, Uttar Pradesh T +91 120 5021500 F +91 120 5021501 https://www.ge.com/in/ge-td-india-limited August 8, 2023 The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400 001 The Manager Listing Department National Stock Exchange of India Ltd Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai- 400 051 Code No. 522275 Dear Sir, Sub: Analyst Presentation Symbol: GET&D Please find a copy of the analyst presentation in respect of earnings conference call with analysts/ institutional investors. You are requested to take note of the same. Thanking you, Yours faithfully, For GE T&D India Limited ANUPRIYA GARG GARG Anupriya Garg Digitally signed by ANUPRIYA Date: 2023.08.08 16:15:41 +05'30' Company Secretary & Compliance Officer Encl: A/a Regd Office: A 18, First Floor, FIEE Complex, Okhla Industrial Area, Phase II, New Delhi - 110020 (India). T +91 11 41610660#2GE GE T&D India Limited POWERING THE NEW INDIA Analyst Presentation Q1 Financial Year 2023-24#3DISCLAIMER This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations- • • . • The forward-looking information and statements can generally be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use terminology such as "targets", "believes", "expects", "aims", "assumes", "intends", "plans", "seeks", "will", "may", "anticipates", "would", "could", "continues", "estimate", "milestone" or other words of similar meaning and similar expressions or the negatives thereof. GE T&D India Limited cannot give assurance to the correctness of such information and statements. By their nature, forward-looking information and statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements that may be expressed or implied by the forward-looking information and statements in this presentation. Should one or more of these risks or uncertainties materialize, or should any underlying assumptions prove to be incorrect, the Company's actual financial condition or results of operations could differ materially from that or those described herein as anticipated, believed, estimated or expected Given the aforementioned uncertainties, prospective or present investors are cautioned not to place undue reliance on any of these forward-looking statements No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investments decision whatsoever. Investor/prospective advisors must be sought on specific situation from well-informed legal, investment, tax, financial, and management professionals This presentation and its contents are confidential and must not be distributed, published or reproduced. This presentation does not constitute a recommendation regarding the securities of the Company. gε © GE T&D India Limited#4Executive Summary GE GE T&D India Limited POWERING THE NEW INDIA Annual Report 2022-23 3313 gε Annual Report for Financial year 2022-2023 released - available here The sixty-seventh (67th) Annual General Meeting of the members of GE T&D India Limited will be held on Monday, the 21st day of August, 2023 at 3:00 PM (IST), through Video Conferencing/ Other Audio Visual means Q1 FY 23-24 Orders booking at 10.1 BINR vs 6.0 BINR in Q1 FY 22-23, up by 68% YoY Q1 FY 23-24 Sales at 7.2 BINR vs 5.9 BINR in Q1 FY 22-23, up by 21% YOY Q1 FY 23-24 Profit before tax & exceptional items at 386 MINR vs Profit before tax & exceptional Items of 103 MINR in Q1 FY 23-24 Order backlog of 39.4 Billion Net debt improved by 560 MINR in Q1 FY 23-24 (1,170 MINR vs 1,730 MINR in Q4'23) O GE T&D India Limited#5Creating the Grid of Future | Key Commissioning DOOSAN 1st e DOOSAN SUPER THERMAL POWER STATION Congratulation Comption of 780V GIS itial Charging Extension of 400 kV Gas Insulated Substation for Koppal-Narendra project. The Koppal-Narendra project is expected to play a significant role in evacuating power from the upcoming renewable energy projects in Karnataka. The project will also help to improve the reliability and efficiency of the power grid in the region. Supply of fourteen 765 kV GIS bays for Doosan at Jawaharpur. Doosan Jawaharpur project is a Thermal power project in Uttar Pradesh. Installation of 765/400kV Air Insulated Substation, including 24 Reactors and 500MVA Interconnected Transformers (ICTs) Bays for Warora Kurnool Transmission Limited (WKTL). The 765 kV project at WKTL Warangal is a major infrastructure project that will benefit the state of Telangana and the country as a whole. The project will help to increase the share of renewable energy in the power mix and improve the reliability and efficiency of the power grid Expansion of 220/66kV Gas Insulated Switchgear (GIS), along with 2X63MVA transformers, for Himachal Pradesh Power Transmission Corporation Limited (HPPTCL) at Gumma. The project consists of the construction of two 220kV GIS bays and one 66kV GIS bay at the HPPTCL Gumma substation. The GIS bays will be used to connect the 220kV transmission line from the Wangtoo hydropower project to the 66kV distribution network in the Gumma area Construction of a 110 kV Gas Insulated Substation for Kerala State Electricity Board (KSEB) at Shoranur. This substation at Shoranur is an important part of the KSEB's network and helps to ensure that electricity is reliably transmitted and distributed to the region. O GE T&D India Limited#6Order Intake Q1 2023-24 (GE) 5,995 Q1 2022-23 +68% 10,066 (in millions) Q1 2023-24 Key Orders booked during Q1, FY 23-24 Supply of 765 kV GIS & 400 KV GIS with Bus Duct for Power Grid Corporation of India Limited (PGCIL) at Raigarh and Kotra Supply of 12 x 765 kV, 110 MVAR Shunt Reactors and 4 x 400 KV, 41.67 MVAR Bus Reactors from a private transmission company Supply of 400 kV & 220 KV GIS for Karnataka Power Transmission Corporation Limited at Dommasandra and Mylsandra from a private transmission company Supply of 220 kV GIS for Gujarat Energy Transmission Corporation Limited at Radhanesda from a private transmission company Extension of 132 kV AIS & 220 kV Gas Insulated Substation (GIS) with Substation Automation for Hindalco at Lapanga and Hirakud Implementation of SACDA/ADMS control center in the Colombo region Western Province from Ceylon Electricity Board (CEB) in Sri Lanka © GE T&D India Limited#7Financial Data Q1 FY 2023-24 (GE) (in millions) Q1 Q1 FY Change 2023-24 2022-23 2022-23 Sales 7,176 5,930 21.0% 27,732 EBITDA 628 311 1,355 % of Sales 8.7% 5.2% +3.5 pts 4.9% Profit Before Tax & exceptional Items 386 103 381 % of Sales 5.4% 1.7% +3.7 pts 1.4% Profit Before Tax & after exceptional 386 103 267 Items % of Sales 5.4% 1.7% +5.3 pts 1.0% Profit After Tax 282 64 -15 % of Sales 3.9% 1.1% +2.8 pts -0.1% Net Debt** 1,170 1,899 1,730 * EBIDTA includes other income of +120 MINR in Q1'2023-24 & +87 MINR in Q1'2022-23 (+339 MINR in FY 2022-23) **Net of Cash & Bank Balance is 394 MINR as on Jun'23 & 530 MINR as on Jun'22 (468 MINR as on Mar 31, 2023) OGE T&D India Limited#8Orders, Sales and Backlog Details (in millions) Q1 Orders 2237, 22% ■ Domestic ■ Exports 7829, 78% Q1 Sales ■ Domestic ■ Exports 2162, 30% 5014, 70% Order in Hand 6768, 17% ■ Private ■State Utilities 4228, 11% ■ Central Utilities & PSU 28413, 72% OGE T&D India Limited#9Related Party Transactions for Approval Borrowings from cash pool - taken/ to be taken excluding interest Inter-corporate deposits/lending in cash pool - given/ to be given excluding interest (in millions) New/ Existing Borrowing Inter Corporate Deposits Project, Sale/ Purchase Other Services Legal/facility agreement Existing* 5,000 Existing* 1,500 Sale and purchase of goods and/or materials, including project related services Existing* Entering into contract(s)/arrangement(s) for availing or rendering of any services (other than project related services), including -support/shared services Existing* - information technology assets related services - travel related services on actual reimbursements, - cost of shared services & resources - manpower training and development services -sharing if of registered office by way of sublease Entering into contract(s)/arrangement(s) for lease/rental/sub-lease/administrative and supporting facilities sharing agreement(s)/license/sub-license of movable as well as immovable properties Total for GE India Industrial Private Limited (GEIIPL): Resolution No 4, 5, 6* Sale or purchase of materials and components Rendering and receipt of services Total for Grid Solutions SAS: Resolution No 7** Sale or purchase of materials and components Rendering and receipt of services Total for UK Grid Solutions Limited: Resolution No 8** * RPT approval taken in AGM dated 10th Aug 22 ** Transactions in FY 22-23 were below materiality limit 90 Existing* Existing ** Existing** Existing Existing *** *** 1,000 1,350 150 5,000 1,500 1,000 1,350 150 4,400 1,600 4,400 1,600 11,500 500 11,500 500 *** RPT approval taken in AGM dated 6th Aug 21 OGE T&D India Limited#10THANK YOU Contact us: Anshul Madaan Head Communications & PR - [email protected] http://www.ge.com/in/ge-td-india-limited gε Il ne m 200