Investor Presentation March 2023

Investment Rationale حمه ✓ ✓ CAPEX COMPLETED ☐ Completed a significant CAPEX between 2018-21, taking manufacturing capacity to *250 crores in Sales from erstwhile *75 crores in 2017. Potential to do 25% EBITDA Margins on the same. OPPORTUNITY SIZE ☐ Huge potential of Affordable Automation and Industry 4.0 offerings EMERGING OPPORTUNITIES IN MANUFACTURING Emerging opportunities in sectors such as Electronics, Aero Space and Medical Equipment FOCUSED ON DELEVERAGING The company is focusing on debt repayment through a) higher internal accruals and b) reducing working capital cycle SEASONED MANAGEMENT ■ 3rd generation of Innovators and Engineers at helm 26 MARSHALL MACHINES LIMITED

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