Investor Presentaiton

MRP Description of the Asset Tangible (Owned Assets) : Factory - Other than factory buildings Building Plant and Equipment Moulds Furniture and Fixtures Computer Servers Computers Office Equipment Other Assets, viz., Electrical Fittings, Fire Fighting/Other Equipments and Canteen Utensils Renewable Energy Saving Device - Windmills Vehicles Aircraft Right of Use Assets (Leased Assets) : Buildings - Other than factory buildings Vehicles - Land Leasehold Intangible (Owned Assets): Software Estimated Useful life (On Single shift working) 30 Years 60 Years 5-21 Years 6 Years 5 Years 5 Years 3 Years 5 Years 10 Years 2) 22 Years 5 Years 10 and 20 Years 1-21 Years 2 Years Primary period of lease 5 Years Depreciation on the property, plant and equipment, is provided over the useful life of assets based on management estimates which is in line with the useful life indicated in Schedule II to the Companies Act, 2013. Depreciation on all assets except Renewable Energy Saving Devices is provided on straight line basis whereas depreciation on renewable energy saving devices is provided on reducing balance basis. Plant and Machinery, Moulds, Vehicles, Furniture and Fixtures and Computer Servers are depreciated based on management estimate of the useful life of the assets, and is after considering the nature of the asset, the usage of the asset, expected physical wear and tear, the operating conditions of the asset, anticipated technological changes, manufacturers warranties and maintenance support. Depreciation on property, plant and equipment added/ disposed off during the year is provided on pro rata basis with reference to the date of addition/disposal. The assets' residual values, useful lives and methods of depreciation are reviewed at each financial year end and adjusted prospectively, if appropriate. Further, the Company has identified and determined separate useful life for each major component of Property, Plant and Equipment, if they are materially different from that of the remaining assets, for providing depreciation. Intangible Assets: Intangible assets acquired separately are measured on initial recognition at cost. After initial recognition, intangible assets are carried at cost less any accumulated amortisation and accumulated impairment losses. Software (not being an integral part of the related hardware) acquired for internal use are treated as intangible assets. An item of Intangible asset is derecognised on disposal or when no future economic benefits are expected from its use or disposal. Any profit or loss arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognised in the Statement of Profit and Loss when the asset is derecognised. Intangible Assets are amortised over 5 years on straight- line method over the estimated useful economic life of the assets. The Company undertakes Research and Development activities for development of new and improved products. All expenditure incurred during Research and Development are analysed into research phase and development phase. The Company recognises all expenditure incurred during the research phase in the profit or loss whereas the expenditure incurred in development phase are presented as Intangible 105

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