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Investor Presentaiton

Quarterly Performance Highlights - Pigment Business Income from Operations (In Cr) Gross margin % EBITDA* (In Cr & Margin%) 341 533 453 Q1FY21 Q4FY21 Q1FY22 +33% 43.9% 42.9% 47.1% 54 84 66 +23% 15.7% 15.8% 14.5% Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Capacity utilisation during Q1FY22 was at ~ 81% of operating capacity ➤ Impact from withdrawal of export incentive scheme (MEIS) on margins at ~ 1% YoY. Details of new scheme RODTEP yet to be released ➤ Intermediates price increase pass through continued through Q1FY22 * EBITDA as percent to Total Income from operations (excluding other income) 12 SUDARSHAN
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