Investor Presentaiton

1,500 TATA POWER Comfortable debt position for sustainable growth NET DEBT MAINTAINED AT FY 21 LEVELS TATA BUS AS USUAL DEBT DOWN WITH ROBUST CF FROM OPERATIONS 37,347 39,649 39,719 Q2 FY 21 Q1 FY 22 Q2 FY 22 ■Net Debt Perpetual Debt SUSTAINABLE DEBT PROFILE Net Debt to Equity Net Debt to Underlying EBITDA (on rolling 12 month basis) Average Interest Cost of H1 FY 22 Average LT Debt Maturity 1.63 v 1.54 in Q2 21 4.29 v 4.07 in Q2 21 7.25% v 8.18% in H1 21 7 years Q1FY22 Net Debt Cash from operations Income from JVs & assoc 39,649 859 38,053 (1,529) 491 (534) (883) WC changes Dividend Payment Interest Payment Bus as usual debt Capex & Acquisition Q2FY22 Net Debt 14 1,666 39,719

View entire presentation