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Investor Presentaiton

Consolidated Working Capital Movement Particulars (Rs. Crs) Inventory (A) Mar-21 Mar-20 Mar-19 Change (Mar-21 over Mar-19) 754.4 588.0 680.6 73.8 Inventory Days (Inventories/ COGS*365) (i) 166 134 170 Trade Receivables (B) 848.2 849.8 671.0 177.2 Trade Receivables Days (Trade Receivables / Revenue*365) (ii) 117 128 110 Trade Payables (C) 598.3 490.9 480.8 117.5 Trade Payables Days (Trade Payables/COGS*365) (iii) 132 111 120 Other Financial Liabilities (D) 349.8 235.4 179.2 170.6 Other Financial Liabilities Days (Other Current Liabilities/Revenue *365) (iv) 48 35 29 Net Working Capital (A+B-C-D) 654.5 711.4 691.6 -37.1 Net Working Capital Days (i + ii – iii – iv) 103 115 131 1. Given the seasonality in the business, it is best monitored on an annual basis 2. Appointed date for merger of ECC and SCIL is 1st Apr'18 32
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