Investor Presentaiton

Business Drivers ☐ Precision Steel Tubes (CDW) largely used in Automobile applications of Two Wheelers/ Passenger Cars and Commercial Vehicles for applications like Front Forks, Side impact beams, steering columns etc. CDW tubes also used in Hydraulic Cylinders and Off-Road Vehicles Range and adherence to tolerance are the key factors Variety of products due to new models introduced by all auto makers Customer preference to Value added products murugappa Business Mix 2018-19 Non Auto, 25% Auto, 75% Gear Shift Lever Rear Axle for Commercial Vehicle Cost competitiveness efficiencies through internal Steering shafts 17

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