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Investor Presentaiton

PI EXTERNAL Balance Sheet position remained strong showing resilience & growth appetite (Rs in Cr.) Shareholders' Funds FY20 FY21 2,619 5,342 Non Current Liabilities 505 403 Long-term borrowings 399 257 Other long-term liabilities 106 146 Current Liabilities 1,100 1,257 Short-term Borrowings 108 Trade payables 591 796 Other current liabilities 401 461 TOTAL 4,225 7,002 Non Current Asset 2,216 2,509 Net Fixed Asset 2,045 2,343 Good Will 83 83 Non-current investments 18 21 Other Assets 70 62 Current Asset 2,009 4,493 Inventories 799 1,053 Trade receivables 749 852 Cash, Bank & Investments 267 2,327 Other assets 194 Total 4,225 261 7,002 Key Ratios (%) FY20 FY21 Net Sales to Fixed Assets 1.65 1.95 ROCE 22% 26%* Total Debt/Equity 0.16 0.06 * Basis funds deployed into business (excl. QIP proceeds) Q4 & FY21 Earnings Presentation Pi Inspired by Science ✓ Net worth of the Company almost doubled over last year due to increased operating profits and QIP fund raise ✓ Sales to Net working capital improved to 4.13 from 3.52 as at March'21 ✓ Increased inventory levels in line with expected growth and proactive safety stock planning amid Covid Scenario ✓ Investment in capital expenditure at Rs. 459 Cr for FY21 ✓ Surplus Cash net of Debt as on March 21 stood at Rs 2070 Cr (Incl of QIP net proceeds of Rs. 1975 Cr) QIP funds invested with SLR philosophy while final deployment aligned with PI's longer term growth strategy is underway 5
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