Investor Presentaiton

Consolidated Financial Snapshot MBL Creating Highways to Success Revenue 24% 23,424 EBITDA 18% 19,618 17,663 12,653 13,554 Rs. 23,424mn 10,016 2,523 2,369 1,882 1,679 1,365 1,434 Rs.2,523 mn 914 6,370 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY10 FY11 FY12 FY13 FY14 FY15 FY16 PAT 883 16% 816 Cash PAT 18% 770 725 617 567 1,215 1,018 910 840 710 680 Rs.883 mn 370 Rs.1,215 mn 440 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY10 FY11 FY12 FY13 FY14 FY15 FY16 D/E ratio* 1.91 1.70 1.66 1.69 1.35 1.00 1.91 x 0.79 FY10 FY11 FY12 FY13 FY14 FY15 FY16 * - Equity Includes Minority Interest CAGR ^ - Fixed Assets excludes Assets under development 20 20

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