Sudarshan Annual General Meeting Awards Presentation

Pigment Business: Overseas geographies continue to have steady growth Domestic Revenue Cr +9% 856 806 756 +2% 1,033 1,055 Export Revenue Cr +9% 987 897 783 721 +4% 1,024 Mix % 51% 51% 49% 51% 51% 49% 49% 51% 49% 49% FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 ➤ With the investment in infrastructure and sales force in the international geographies, share of exports will continue to grow. Export business achieved milestone crossing annual revenue mark of 1,000 Cr ➤ A strong focus on product quality and supply chain management practices continues to serve demand opportunities in both the markets. Revenue includes Revenue from Operations and Other operating income of Pigment business 18 SUDARSHAN

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