Deriving Value from Waste through Modern Recycling and Recovery

RETURN ON CAPITAL EMPLOYED 18% 16% FY20 *on Average Capital Employed 29% 29% 26% FY21 FY22 FY23 H1 FY24 3 Years Capital Allocation policy for new projects Maximum Payback period GRAVITA We recycle to save environment Target ROCE 25% + Consolidated Drivers of ROCE Improving industry dynamics Resultant reduction in working capital Improving demand- supply Value added products 25% + ROCE 8+ 11 Asset turns

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