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Investor Presentaiton

Historical Performance Highlights Revenue (Rs Crs) EBITDA (Rs. Crs) & EBITDA Margin (%) PAT (Rs Crs) +11% 2,645 2,425 2,228 1,913 487 +31% 333 291 217 345 +34% 205 166 145 18.4% 11.3% 13.0% 13.7% FY18* FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Networth (Rs Crs) +17% 1,541 1,222 1,048 954 FY18 FY19 FY20 FY21 ROCE (%)^ 29.1% 25.2% 26.6% Net Working Capital Days 45.5% 131 119 115 103 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 1. Given the seasonality in the business, it is best monitored on an annual basis since a significate portion of revenue & PAT is recorded in the first half of the year 2. Appointed date for merger of ECC and SCIL is 1st Apr'18 *Revenue is Net of Excise Duty. ^ ROCE - {EBIT/ (Net Worth + Borrowings - Cash and Cash Equivalent)} ✓ Good monsoon and availability of water boosted farmer sentiment and resulted in good growth in rabi season 2020 as well as upcoming Kharif season in 2021 in the Indian domestic market ✓ Combined entity ~2x in size ✓ Net debt free balance sheet ✓ Strong margin profile maintained ✓ PAT number is after adjusting one time merger costs Additional upside to be realized on account of synergies 29
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