Ashima Ltd — Investor Presentation 2023

May 16, 2023

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16[th] May, 2023

To, BSE Limited Corporate Relationship Department, 25[th] Floor, P J Towers, Dalal Street, Fort, Mumbai – 400001 SECURITY CODE NO. 514286

To,

National Stock Exchange of India Ltd Exchange Plaza 5[th] Floor, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 SECURITY CODE NO. ASHIMASYN

Dear Sir/ Madam,

Sub: Investor Presentation for the Financial Year 2022-23

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to the captioned subject matter and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation of the Company for the Financial Year 2022-23

This is for your information and records.

Thanking you,

Yours faithfully, For Ashima Limited

Digitally signed by SHWETA SULTANIA DN: c=IN, o=Personal, SHWETA pseudonym=15E92D174FBF210DD1525EB2B4B54047AAE6E221, 2.5.4.20=3773c076ef0163b5656e1803e4086aa591e2 70c11fb2ca81ccbc10ce9cc0b102, postalCode=380055, st=Gujarat, serialNumber=5988C6AC8A761CA9A45C62B8D07A SULTANIA 0E8CCD50129BC3A36104135D915AEB1FF57A, cn=SHWETA SULTANIA Date: 2023.05.16 14:06:16 +05'30' Shweta Sultania Company Secretary & Compliance Officer

Encl: As above

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Ashima Limited

Investor Presentation For The Year 2022-23

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Disclaimer
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• The material that follows is a Presentation of general background information about the Company’s activities as at the date of the Presentation or as otherwise indicated. This Presentation is not an offer to sell any securities or solicitation to buy any securities of Ashima Limited (The Company). This Presentation is for general purpose only and given in summary and does not purport to be complete and accurate. By accessing this Presentation, you are agreeing to be bound by the trading restrictions. Certain statements contained in this document may be statements of future expectations or may be deemed as “forward-looking statements” and other forward-looking statements that are based on management ‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. You are urged to view all statements contained herein with caution. Ashima Limited does not undertake any obligation to update or revise forward look statements, whether as a result of new information, future events or otherwise.”

Business Segments

• A. Textiles • B. Real Estate • C. Treasury

Textiles

• As Per change in policy of AMC and Gujarat high court order we were unable to run water based (wet) processes in the plant due to lack of discharge point.

• Divisions using water in their processes, including Fabric Processing, Garment Washing and Denim were stopped. Few of the dry processes, however, continued in these divisions.

• Despite these challenges, the Company managed to improve the operational performance during the year by adopting various measures including outsourcing.

• We have received in-principle statutory permission and have started trial operations of its newly installed Effluent Treatment Plant (ETP) and Zero Liquid Discharge (ZLD) plant for effluent treatment. Final permission from GPCB is expected soon.

• Once this transition is completed, the Company will resume normal operations of its textile activity, which is likely lead to improved operational performance.

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• Division wise performance of Textile :

• Segment

• Note: Previous year figures are not comparable as wet process manufacturing was not operational last year.

Textiles : Sales Volumes

	Division 2022-23 2021-22 Change % Denims 32.31 35.21 -8% Piece Dyed Fabrics(Dyecot) 48.31 81.19 -40% Garments 10.92 10.14 8% Others 8.29 8.61 -4% (Inter-divisional sales) (4.15) (6.76) Total 95.67 128.39 -25% • Qty in lac mtrs, and in case of Garment Division in lac pcs

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• Division wise performance of Textile Segment:

Textiles : Sales Value

• Note: Previous year figures are not comparable as wet process manufacturing was not operational last year.

	Division 2022-23 2021-22 Change % Denims 6 148 5 539 11% Piece Dyed Fabrics(Dyecot) 8 128 10 490 -23% Garments 4 873 3 611 35% Others 2 077 1 994 4% (Inter-divisional sales) (726) (977) Total 20 499 20 657 -1% • Amount in Rs lacs

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Textiles

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• Value additions achieved during the year have improved significantly compared to the previous year.

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Denims: Value additions up by 34% Processed Fabrics (Dyecot): Value additions up by 36% Garments: Value additions up by 17%

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Real Estate

• The Company is well poised to take advantage of the fast-growing Real Estate market of Ahmedabad.

• Total investment of about Rs 6150 lacs in this division so far.

• Currently the Company has two projects:

• (1) “Swan Lake”, a week-end homes project

• (2) Yet to be launched high-end, high -rise luxurious residential units project

Real Estate –Swan Lake

a. Swan Lake: No more weak ends. Only great weekends!

i. Ashima Limited’s maiden project: This is a premium weekend homes project, currently offering 110 Units admeasuring net plot area of about 1.50 lac sq yards. ii.Excellent market response: Already received applications for 100 units with net plot area as 1.87 lacs sq yards, having expected revenue of more than Rs. 150 Crores.

iii.Project execution is going on well and has picked up pace during the year: 1.The construction of the club house and the lake has started. 2.The compound wall and the required road work has also begun. 3.The work on a sample villa is at the finishing stage and shall be completed soon. iv.Expected to generate revenues from the next year, i.e., 2023-2024.

Treasury

• The Company makes investment in equity shares with a long-term perspective.

• As per accounting norms, periodic performance is reported based on market value of shares held at the end of the period, apart from profit/loss on sale of investments and dividend income during the reporting period.

• The Company has outperformed the benchmark indices in both the years in terms of XIRR.

Treasury - Performance

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Year Portfolio Sensex Nift Nift 500
y y
FY 2021-22
(annualised) 17.31% 12.44% 11.75% 10.40%
FY 2022-23 14.77% 1.07% -0.61% -2.77%
Performance - Investment Division & Benchmark Indices
20.00%
17.31%
14.77%
15.00%
12.44%
11.75%
10.40%
10.00%
5.00%
1.07%
0.00%
-0.61%
FY 2021-22 (annualised) FY 2022-23
-2.77%
-5.00%
Portfolio Sensex Nifty Nifty 500
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• Thank You