Batliboi Ltd — Earnings Release 2024

Aug 16, 2024

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Scrip Code: 522004

16[th] August, 2024

Dear Sir / Madam,

Subject: Press release on financial results of the Company for the quarter ended 30[th] June, 2024

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are forwarding herewith a copy of press release on financial results of the Company for quarter ended 30[th] June, 2024.

The same is also available on the Company’s website at http://www.batliboi.com/ in compliance with Regulation 46 of the SEBI Listing Regulations.

Yours faithfully,

For Batliboi Limited

POOJA Digitally signed by POOJA ROHIT ROHIT SAWANT Date: 2024.08.16 SAWANT 15:18:51 +05'30'

Pooja Sawant Company Secretary ACS 35790

Place: Mumbai

Encl: As above

Batliboi Limited announces its Q1FY25 Results

One of India’s Leading Engineering Company Delivers Strong Performance Consolidated EBITDA up by 37%, PBT up by 90% and PAT up by 45%

Mumbai;16[th] August 2024 : Batliboi Limited (“Batliboi”, “BL” or the “Company”), an Engineering company with strong legacy with interest in Machine Tools, Air Engineering and Textile Machinery, announced its results for 1QFY25 on 13[th] August, 2024.

Batliboi Ltd has commenced FY25 with a strong performance

Consolidated Financial Highlights – 1QFY25 :

• Revenue increased 16% from INR 63.3 cr to INR 73.4 cr

• EBITDA increased 37% from INR 4.4 cr to INR 6.0 cr

• PBT increased 90% from INR 2.1 cr to INR 4.0 cr

• PAT increased 45% from INR 1.9 cr to INR 2.8 cr

The gross value of pending orders of the consolidated business including agency business was as on end of the quarter INR 243 cr

Planned capex for current financial year of INR 20 cr in the manufacturing facilities in India.

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Batliboi Environment Engineering (BEEL) (Company proposed to be merged with Batliboi Limited)

• A leading supplier of Air Pollution Control Equipment and Centrifugal fans to some of the largest Indian corporates like Nuclear Fuel Complex, JSW, Thermax, ISGEC, L&T, Megha Engineering, Adani Group, Rungta Mines, Graphite India Limited etc.

• Approved by Leading Consulting Engineering Companies viz EIL, MECON, CET, Lummus Novolen Technology GmbH etc.

The value of pending orders was as on end of the quarter INR 120 cr.

Merger of BEEL with Batliboi is progressing and is expected to be completed by Q4FY25 . The rationale for merger is to ensure optimal utilisation of assets in both the entities as well as leverage on the excellent customer relationships of both companies.

Commenting on the Results, Mr Sanjiv Joshi, Managing Director: “For the last many decades, Batliboi Limited has been committed to strengthen its leadership position as an engineering company. Our Continuous introduction of modern and appropriate technology, High Quality products and superior after-sales service makes us a preferred partner for many leading names in the engineering sector not only in India but also overseas . As always, we remain dedicated to our customers and creating shareholder value. The business will be further strengthened by the Capital Expenditure of INR 20 cr planned for the current year.

Disclaimer

Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Batliboi Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For Further Information, please contact:

Ms. Pooja Sawant Company Secretary Pooja.sawant@batliboi.com	Mrs. Saloni Ajmera Go India Advisors saloni@goindiaadvisors.com

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