Investor Presentaiton

Capex and Operating Cash Flows The Company's financial position provides it with flexibility to expand its network in existing markets and MAHANAGAR expand to new markets in India Capex (INR Bn) Operating Cash Flow (INR Bn) GAS 2.7 2.5 3.6 4.3 6.5 9.9 9.0 8.1 6.8 6.5 3.4 5.3 3.0 4.8 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 H1 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 H1 Note: (1) Includes purchase of fixed assets, including intangible assets, capital work in progress and capital advances. (2) Net cash flow from operating activities as per the cash flow statement. MAHANAGAR GAS LIMITED 21

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