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Investor Presentaiton

60000 00000 Our journey At the cusp of a turnaround Beginning 2008-2014 2014-2017 2018 onwards ESTD. 1933 ID T Founded in 1933 as Maharashtra Sugar Mills Ltd. (MSML) to manufacture sugar and allied products Tilaknagar Distilleries and Industries Ltd. (TDIL) promoted as 100% subsidiary of MSML to manufacture industrial alcohol, IMFL and sugar cubes TDIL merged with MSML after MSML exits sugar business and renamed to Tilaknagar Industries Acquired subsidiaries Vahni Distilleries (Karnataka), Prag Distilleries (Andhra), Kesarval Springs Distillers (Goa) and PunjabExpo (Punjab) Acquired seven brands from Alcobrew Distilleries for CSD segment and IFB Agro's IMFL business (Volga' vodka and 'Blue Lagoon' gin) for an entry into East Indian markets of West Bengal, Assam and Odisha Commissioned expansion of 50 KLPD molasses based distillery to 100 KLPD and 100 KLPD grain based distillery I At its peak, registered net revenue of Rs. 824 crs in FY14 Expansion project at Prag stalled I Defaults in repayment to banks and financial institutions I Sale of assets of Kesarval Springs Distillers to Indospirit Beverages Pvt. Ltd. in 2015 | Restructuring of debt completed with EARC One-time settlements reached with all lenders Enters into 10 yrs agreement to manufacture products for Pernod Ricard products at bottling plant in Maharashtra Achieved EBITDA margin of 10% for FY21 Growth in volumes from 4 mn cases in FY16 to 5.5 mn cases in FY21 Tilaknagar Industries | Investor Presentation 12 O 12
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