Batliboi Ltd — Investor Presentation 2025

Feb 14, 2025

==> picture [593 x 270] intentionally omitted <==

Date : 14[th] February 2025

Subject: Investor Presentation

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith copy of Investor Presentation titled Batliboi Limited Investor Presentation Q3 & 9M FY25

The above information is also available on the website of the Company i.e. www.batliboi.com

Kindly take the same on your record.

Thanking you

Yours faithfully,

For Batliboi Limited

POOJA Digitally signed by POOJA ROHIT ROHIT SAWANT SAWANT Date: 2025.02.14 16:53:26 +05'30' Pooja Sawant Company Secretary ACS - 35790

Place: Mumbai

Encl: As above

==> picture [163 x 102] intentionally omitted <==

Batliboi Ltd

Investor Presentation 3Q & 9MFY25

Visit Our Website www.batliboi.com

==> picture [33 x 33] intentionally omitted <==

==> picture [461 x 471] intentionally omitted <==

1

==> picture [625 x 132] intentionally omitted <==

Disclaimer

==> picture [122 x 409] intentionally omitted <==

==> picture [83 x 52] intentionally omitted <==

This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Batliboi Ltd.'s (“Batliboi Ltd” or the Company) future business developments and economic performance.

While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.

These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

Batliboi Ltd undertakes no obligation to publicly revise any forward looking statements to reflect future/likely events or circumstances.

Note Numbers discussed in the presentation are consolidated and rounded off to nearest digit.

2

==> picture [84 x 52] intentionally omitted <==

Management Commentary on 3Q and 9MFY25 Results

==> picture [60 x 51] intentionally omitted <==

==> picture [207 x 218] intentionally omitted <==

Chairman of Batliboi Ltd

==> picture [32 x 26] intentionally omitted <==

The third quarter results on standalone basis were disappointing primarily due to foreign exchange losses, disruption in our foundry on account of the modernisation programme going on which resulted in loss of production in our machine tool activities, shifting of a large value imported machines planned for the third quarter having now shifted to the fourth quarter and the continuing poor performance of the textile industry both domestic and global specially in Bangladesh. Our Canadian Subsidiary, Quickmill, continues to do extremely well.

Inspite of this our nine months profit before tax on a consolidated basis is better than the previous year.

Nirmal Bhogilal

The Order book position continues to be healthy and robust and we are confident that going forward we should make up the lost ground of the third quarter and end the year with improved results over the previous year.

Our planned merger with Batliboi Environmental Engineering Limited is on track and we expect the merger to be completed by the end of this financial year. The merged results would also add to both the top line and bottom-line results.

The Board has also approved investment in a subsidiary for a new venture into the business of effluent and water treatment beginning with the textile industry and later venturing into other industries as well specially in the area of the zero liquid discharge. This revenue would also add to the results of our Company in the next financial year.

3

Note - Numbers discussed in the commentary are consolidated and rounded off to nearest digit.

==> picture [83 x 52] intentionally omitted <==

About Batliboi Ltd

Batliboi at a Glance Batliboi: A Well Diversified Business Group Batliboi Groups and Divisions

==> picture [114 x 115] intentionally omitted <==

==> picture [190 x 114] intentionally omitted <==

==> picture [109 x 115] intentionally omitted <==

==> picture [223 x 114] intentionally omitted <==

==> picture [160 x 118] intentionally omitted <==

==> picture [152 x 114] intentionally omitted <==

==> picture [129 x 105] intentionally omitted <==

==> picture [218 x 73] intentionally omitted <==

4

==> picture [123 x 52] intentionally omitted <==

==> picture [84 x 52] intentionally omitted <==

Batliboi Ltd at a Glance

INR 72 cr INR 4 cr INR 2 cr 3QFY25 Revenue 3QFY25 EBITDA 3QFY25 PBT INR 1 cr 0.25x 3QFY25 PAT Net debt to equity as at Sept, 2024

==> picture [375 x 228] intentionally omitted <==

==> picture [144 x 141] intentionally omitted <==

==> picture [86 x 443] intentionally omitted <==

==> picture [60 x 51] intentionally omitted <==

375 Number of employees

Exports in 15+ Countries

INR 221 Cr 9MFY25 Revenue High Growth Business Segments  Machine Tools  Air Engineering  Textile Machinery

Manufacturing location unit

 Surat, India  Peterborough in Canada(Quickmill Inc, Subsidiary of Batliboi Ltd.

5

Note – Number of employees include employees of Quickmill, Canada.

==> picture [84 x 52] intentionally omitted <==

Batliboi Ltd: A Well Diversified Business Group

==> picture [60 x 51] intentionally omitted <==

==> picture [83 x 52] intentionally omitted <==

Machine Tools

Textile Engineering

Air Engineering Textile Machinery Manufacturing Agencies Group Group Division Division

Leading manufacturer of

Agents of Leading Textile Machinery in:

  - Metal Cutting

• CNC Machines

• Humidification

Machines

• Conventional Machines

• Waste Collection

• Automatic Controls  Central Monitoring

• Metal Forming Machines

 Spinning

• Knitting

  • Workshop Machine Packages

• Processing

• Bale Press System

• Technical Textiles Machinery

• Energy Management

Subsidiary: Quickmill Inc, Canada

• Evaporative Air Cooling

• Ventilation and AirConditioning

• Effluent Treatment Plants

Design, Manufacture, Sale and Services of:

• Gantry Drilling and Milling Machines

• Oils and Consumables

Other Group Companies

• Batliboi Environmental Engineering Ltd (Air Pollution, Industrial Fans, Hydrogen Gas Solutions).

• Batliboi Impex Ltd (Logistics Business)

• Batliboi Renewable Energy Solutions Pvt Ltd (Wind Energy, Solar Energy)

• Spartan Electricals (Custom Built AC, PMAC and EV Motors for OEMS).

6

==> picture [84 x 52] intentionally omitted <==

Machine Tools

Manufacturing Division (India)

Agency Division

• Offers 2 to 3 axis CNC machines – Vertical Machining Centers, Turning Centers, Vertical Turning Lathes.

Represents state of the art Machine Tools for:

• Metal Cutting

• Metal Forming Applications

• General Purpose Machines - Radial Drilling Machines, Portable Drilling Machines with Universal Head.

• Workshop Machine Packages

• 60 trained engineers and technicians for both sales and services through a network of 15 offices.

Key Industries Catered

Auto Component

• Major customers from Auto Component, Tractors, Dies and Molds, Light Engineering and Infra Industries.

Tractors

Dies and Molds Light Engineering Infra Industries

==> picture [60 x 51] intentionally omitted <==

==> picture [344 x 184] intentionally omitted <==

----- Start of picture text -----

Revenue from Machine Tool Division (INR Cr)
167
148
124
104
91
83
FY20 FY21 FY22 FY23 FY24 9M FY25
----- End of picture text -----

Number of machines installed

==> picture [314 x 177] intentionally omitted <==

----- Start of picture text -----

310
278
225 225
203
165
8 6 7 8 12 10
FY20 FY21 FY22 FY23 FY24 9M FY25
----- End of picture text -----

==> picture [7 x 7] intentionally omitted <==

7

Batliboi Quickmill

Machine Tools Global Presence: Quickmill our Canadian Subsidiary

==> picture [84 x 52] intentionally omitted <==

Quickmill revenue contribution to Total Revenue (%)

==> picture [370 x 161] intentionally omitted <==

----- Start of picture text -----

44%
35%
32%
29%
23%
FY21 FY22 FY23 FY24 9M FY25
----- End of picture text -----

Quickmill is headquartered in Peterborough, Ontario, Canada and is engaged in the manufacture and sale of large size Gantry Drilling & Milling machines. It caters to the global market for the Energy, Structural Steel, Aviation, large equipment manufacturing and Job shop manufacturing sectors.

==> picture [691 x 207] intentionally omitted <==

==> picture [43 x 44] intentionally omitted <==

==> picture [47 x 51] intentionally omitted <==

==> picture [47 x 47] intentionally omitted <==

==> picture [32 x 34] intentionally omitted <==

==> picture [38 x 44] intentionally omitted <==

==> picture [45 x 50] intentionally omitted <==

==> picture [60 x 51] intentionally omitted <==

400+ Projects Installed

105 Satisfied Clients

130+ Customers Worldwide

Net Debt Free with adequate surplus FANUC America Authorized CNC Aggregator

Engineered and built in Canada with; sales to USA, Canada, Mexico, Saudi Arabia, India

8

==> picture [84 x 52] intentionally omitted <==

Textile Engineering

It consists of Air Engineering and Textile Machinery

Textile Machinery Group

Air Engineering Group

• Serves the Spinning, Knitting, Processing, and Technical textile industry.

Solutions for Air Engineering in:

• Textile and Para Textile

• Supplies latest generation of equipment and accessories from companies like:

• The production of Natural and Para Textile

==> picture [64 x 24] intentionally omitted <==

• The production of Natural and ManMade Fibres

==> picture [114 x 23] intentionally omitted <==

• Tobacco Industries

==> picture [82 x 24] intentionally omitted <==

==> picture [91 x 15] intentionally omitted <==

• Paper and Cellulose Industries

==> picture [52 x 35] intentionally omitted <==

==> picture [77 x 24] intentionally omitted <==

• Production of Glass Fibers

• Food Industries

==> picture [72 x 24] intentionally omitted <==

==> picture [68 x 24] intentionally omitted <==

• Tyre Industries

• Various other Industrial applications

==> picture [67 x 32] intentionally omitted <==

==> picture [42 x 32] intentionally omitted <==

==> picture [345 x 99] intentionally omitted <==

==> picture [113 x 21] intentionally omitted <==

==> picture [51 x 18] intentionally omitted <==

==> picture [49 x 18] intentionally omitted <==

==> picture [39 x 18] intentionally omitted <==

==> picture [69 x 23] intentionally omitted <==

==> picture [50 x 12] intentionally omitted <==

==> picture [60 x 51] intentionally omitted <==

Revenue from Textile Engineering Group (INR Cr)

==> picture [336 x 384] intentionally omitted <==

----- Start of picture text -----

129
118
104
92
72
68
FY20 FY21 FY22 FY23 FY24 9M FY25
Number of machines installed
270
230
178
113
94 92
FY20 FY21 FY22 FY23 FY24 9M FY25
----- End of picture text -----

9

==> picture [84 x 52] intentionally omitted <==

Our USP’s

Diverse Business Segments Extensive marketing network Large Manufacturing Base A Growing Orderbook

10

==> picture [84 x 52] intentionally omitted <==

Diverse Business Segments

Total Revenue (Inr cr)

Approximate Breakup (%)

==> picture [60 x 51] intentionally omitted <==

==> picture [409 x 208] intentionally omitted <==

----- Start of picture text -----

286
254
221
197
FY22 FY23 FY24 9M FY25
Amt (Inr cr)
----- End of picture text -----

==> picture [449 x 227] intentionally omitted <==

----- Start of picture text -----

1% 2%
41% 32%
58% 66%
FY24 9M FY25
Machine Tools Textile Engineering Others
----- End of picture text -----

Geographical Presence (%)

==> picture [376 x 163] intentionally omitted <==

==> picture [578 x 85] intentionally omitted <==

----- Start of picture text -----

39%
49%
61%
51%
FY24 9M FY25
----- End of picture text -----

==> picture [7 x 7] intentionally omitted <==

International Business

Domestic Business

11

==> picture [84 x 52] intentionally omitted <==

Widespread Sales and Distribution Network in India

==> picture [52 x 51] intentionally omitted <==

==> picture [848 x 441] intentionally omitted <==

----- Start of picture text -----

Ludhiana
Mohali
New Delhi 15
Faridabad
Branch Offices
Ahmedabad
Vadodara
Kolkata
Rajkot
Surat
Nashik
Aurangabad 15
Mumbai
Pune Number of country
Kolhapur
Guntur exports
Corporate Office
Manufacturing Facility
Sales & Service Offices
Chennai
Bengaluru
Resident Office
Mysuru
Puducherry
Coimbatore
Tirupur
Trichy
----- End of picture text -----

12

==> picture [84 x 52] intentionally omitted <==

Strong Manufacturing Base

==> picture [303 x 268] intentionally omitted <==

----- Start of picture text -----

Land
In Surat
----- End of picture text -----

4 Acres marked for sale waiting for right price, approximate value over INR40 crores 45 acres of land 02 01

==> picture [376 x 163] intentionally omitted <==

==> picture [60 x 51] intentionally omitted <==

8 acres could be developed for other than use by the company 03

13

==> picture [84 x 52] intentionally omitted <==

Healthy Backlog

==> picture [60 x 51] intentionally omitted <==

Order Backlog of INR 291 cr (as of December 2024)

Outstanding Value (%)

==> picture [521 x 260] intentionally omitted <==

----- Start of picture text -----

67.00%
33.00%
----- End of picture text -----

==> picture [7 x 8] intentionally omitted <==

Machine Tool Group Textile Engineering Group

14

==> picture [84 x 52] intentionally omitted <==

Strategic Initiatives

Proposed merger of Batliboi Ltd. and Batliboi Environmental Engineering Ltd. (BEEL) Key Structure of the deal Capex Tapping the opportunity in CNC space Emerging opportunities from Air Engineering (Textile & Non-Textile Industries) and Textile Machinery space New Subsidiary for effluent and water treatment Foraying in Green Hydrogen

==> picture [84 x 52] intentionally omitted <==

Proposed Merger of Batliboi Ltd and Batliboi Environmental Engineering Ltd (BEEL)

==> picture [60 x 51] intentionally omitted <==

Strengthen Balance Sheet

Endeavour to become Net Debt Free post merger

==> picture [100 x 63] intentionally omitted <==

Value unlocking by the merger

Focused Operations

Optimally leverage Manpower, Fixed Assets and Manufacturing Facilities

Leveraging customer relationship and expanding the customer base

16

==> picture [84 x 52] intentionally omitted <==

Batliboi Environmental Engineering Limited (BEEL)

==> picture [60 x 51] intentionally omitted <==

==> picture [85 x 56] intentionally omitted <==

Dry & Wet Pollution Control Equipment/ Systems

Air Pollution Control Division

Design, Engineering, Installation and Commissioning of:

• De-dusting System

• Dust and Fume extraction

• system

• TAR Separation Systems(WESP)

• Gas Cleaning ad Scrubbing System together with Auxiliary Equipment

Industrial Fans

Design, Manufacturing and Supply of Centrifugal Fans & Blowers of:

• Light Duty

• Medium Duty and

• Heavy Duty Constructions

Hydrogen Gas Solutions Hydrogen Solutions for Industrial Applications such as:

• On-site generation solution

• • Engineering Support Services for Green & Grey Hydrogen

• Nox and Sox removal from flue gases

17

==> picture [84 x 52] intentionally omitted <==

Key Structure Mechanics of the Deal

==> picture [60 x 51] intentionally omitted <==

Merger of Batliboi Environmental Engineering Limited (BEEL) with Batliboi Limited

The Company secured approval from BSE Limited for the Scheme of Amalgamation and obtained the initial order from NCLT. On December 19, 2024, as directed by NCLT, the Company held a shareholders' meeting, where the Scheme of Arrangement was unanimously approved. A petition was then filed with NCLT on December 24, 2024.In its second motion order, NCLT has listed the matter for a final hearing on March 12, 2025.

• Appointed Date: 1 April 2023 (i.e., date of vesting of assets/ liabilities)

• All investment held by BEEL to be vested with Batliboi Cancellation of 11% holding by Batliboi in BEEL

o Authorized Capital: Combination of authorized share capital of BEEL with that of Batliboi

o New Equity Shares of Batliboi Ltd to be issued to the shareholders of BEEL in swap ratio of 9:10

o RPS of Batliboi Ltd to be issued to the RPS holders of BEEL in swap ratio of 1:1

18

==> picture [84 x 52] intentionally omitted <==

Seizing Rising Opportunity Through Expansion Plans

==> picture [60 x 51] intentionally omitted <==

Machine Tools

==> picture [163 x 163] intentionally omitted <==

----- Start of picture text -----

INR 20cr
Capex
----- End of picture text -----

• Increase the capacity of Machine Tool Business from 25 machines per month to 50 machines in the next

• Double two years.

• Capacity • Revenues could increase by ~ INR80cr post capacity installation

• Upgrade the foundry from 90T/month to 200T/month (Castings)

• Upgradation • Upgradation of Energy Efficient Equipment and state –of-the-art Electric Furnace will help in reducing power consumption by around ~ 30% and cater to growing internal demand .

• Product Range • Extending existing product range and sub verticals

==> picture [82 x 67] intentionally omitted <==

~7.8% CAGR(FY23-FY32) Estimated Growth of Indian Machine Tool Market

==> picture [74 x 76] intentionally omitted <==

USD 229.46bn Estimated growth in market size by FY32

19

https://www.fortunebusinessinsights.com/industry-reports/machine-tools-market-101693

==> picture [84 x 52] intentionally omitted <==

Seizing Rising Opportunity Through Expansion Plans

==> picture [60 x 51] intentionally omitted <==

Textile Engineering

==> picture [170 x 170] intentionally omitted <==

----- Start of picture text -----

INR 5cr
Capex
----- End of picture text -----

• Capacity & • Increasing the capacity adding state-of-the-art Quality production machines

• Enhancement • Focusing on quality • Improving market share

• Tapping export markets

Exports

• Increasing export business

==> picture [82 x 67] intentionally omitted <==

~5.3% CAGR(FY23-FY32) Estimated Growth of Global Textile Machinery Market

==> picture [74 x 76] intentionally omitted <==

Product Range

• Extending existing product range to other industries

USD 41.2 bn Estimated growth in market size by FY31

20

==> picture [84 x 52] intentionally omitted <==

==> picture [613 x 230] intentionally omitted <==

----- Start of picture text -----

FY23 (USD 1.13bn)
FY27 (USD 1.71bn)
Others
Aerospace 7% Aerospace Others
5% 5% 4%
Automative
Manufacturers Defence Automative
Defence 41% 17% Manufacturer
15%
s
41%
General General
Engineering/ Engineering/
Industrial Industrial
32% 33%
----- End of picture text -----

==> picture [60 x 51] intentionally omitted <==

Massive Opportunity in CNC Machine Market Globally

==> picture [650 x 189] intentionally omitted <==

----- Start of picture text -----

Global CNC Machines Market (USD bn) 51.5
46.6
42
38.2
34.8
31.6
26 27.8 27.2 29.2
FY18 FY19 FY20 FY21 FY22 FY23 FY24F FY25F FY26F FY27F
Estimated Market (US bn)
----- End of picture text -----

https://www.fortunebusinessinsights.com/industry-reports/machine-tools-market-101693

21

==> picture [84 x 52] intentionally omitted <==

Emerging Opportunity from Textile Sector

==> picture [60 x 51] intentionally omitted <==

• The rising fast-fashion trend is driving up demand for innovative textile machinery used to create modern clothing with unique fabrics, patterns, styles, colors, and designs.

• To grab on the rising opportunity in textile sector Batliboi plans to focus on exporting Textile Machinery to textile major hubs like Bangladesh, Vietnam and Uzbekistan. Partner with LMW for project exports to Ethiopia, Kenya.

Textiles and Apparel exports from India (USD bn)

==> picture [455 x 163] intentionally omitted <==

----- Start of picture text -----

65
37 36
34
30
FY18 FY19 FY20 FY21 FY26F
----- End of picture text -----

Forecast Global Textile Market Size (USD bn)

==> picture [876 x 132] intentionally omitted <==

----- Start of picture text -----

755.58
711 718
682
647
573
FY22 FY23 FY24 FY25 FY26 FY27
----- End of picture text -----

22

https://www.seair.co.in/blog/textile-exports-from-india.aspx

==> picture [84 x 52] intentionally omitted <==

Opportunities in effluent and water treatment

==> picture [60 x 51] intentionally omitted <==

Why effluent and water treatment?

==> picture [184 x 184] intentionally omitted <==

==> picture [184 x 184] intentionally omitted <==

==> picture [185 x 185] intentionally omitted <==

==> picture [913 x 156] intentionally omitted <==

----- Start of picture text -----

2 3
1
Market Size Investment Catalysts
India has the 5th largest water and The sector is anticipated to grow Rising population, industrial activity, and
wastewater treatment market in the over by USD18 bn by 2026. climate change lead to water salination and
----- End of picture text -----

Rising population, industrial activity, and climate change lead to water salination and contamination, necessitating effluent and water treatment.

India has the 5th largest water and wastewater treatment market in the world, valued at USD11 bn.

23

https://www.trade.gov/market-intelligence/india-water-and-wastewater-treatment-sector

==> picture [84 x 52] intentionally omitted <==

Foraying on Sustainability Green Hydrogen Space

==> picture [60 x 51] intentionally omitted <==

==> picture [174 x 17] intentionally omitted <==

----- Start of picture text -----

Why Green Hydrogen?
----- End of picture text -----

==> picture [850 x 339] intentionally omitted <==

----- Start of picture text -----

Market Size Investment
5MMT of Green Hydrogen by FY2030 INR 8 trillion worth of
opportunities in Green
Hydrogen space.
Sustainability
50MMT of CO2 emissions are expected to be
averted
----- End of picture text -----

24

==> picture [84 x 52] intentionally omitted <==

Batliboi Ltd Roadmap

==> picture [60 x 51] intentionally omitted <==

• Expanding newer geographies of Gulf, Vietnam, Bangladesh and Uzbekistan

• Better realizations

• Endeavour to become net Debt free company post the merger with BEEL.

Way Forward

• Batliboi has entered the effluent and water treatment sector, with plans to expand into zero liquid discharge solutions. Revenue from this business will be recorded starting 1QFY26

• We aim to grow our Revenue on Consolidated basis.

25

Annexures

==> picture [84 x 52] intentionally omitted <==

Our Rapid Growth Milestone

==> picture [60 x 51] intentionally omitted <==

==> picture [835 x 188] intentionally omitted <==

----- Start of picture text -----

Net Revenue (INR cr)
EBITDA (INR cr) and EBITDA margins (%)
286
254
221
8%
197
8%
5% 8%
10 20 23 17
FY22 FY23 FY24 9M FY25 FY22 FY23 FY24 9M FY25
EBITDA Margins (%)
----- End of picture text -----

==> picture [858 x 203] intentionally omitted <==

----- Start of picture text -----

Leverage Ratios (x)
PAT (INR cr) & PAT margins(%) 6.25
4%
3%
3%
11 3.27
9
7 2.71
FY22 FY23 FY24 9M FY25
0.48 0.49 0.42
-2%
-5
PAT PAT Margins
FY22 FY23 FY24
----- End of picture text -----

27

Net debt to equity

Net debt to EBITDA

==> picture [84 x 52] intentionally omitted <==

Professional Management Team

==> picture [60 x 51] intentionally omitted <==

==> picture [960 x 178] intentionally omitted <==

Nirmal Bhogilal Chairman

Sanjiv Joshi Managing Director

Kabir Bhogilal Whole Time Director

• Mr. Nirmal Bhogilal is a B.Sc. (Engg.), Chemical Engineering from Imperial College, London University.

• He was Past President and Currently Committee Member of Indian Machine Tools Manufacturers Association (IMTMA).

• He has been Chairman of various committees in CII and was Chairman-WR.

• He was also past president of Indo German Chamber of Commerce (IGCC).

• Mr. Sanjiv Joshi is a B. E. Mechanical and Post Graduate in Marketing Management. He started his career with Batliboi as Graduate Engineer Trainee in 1984.

• He has worked in all the verticals of Batliboi Ltd. He was appointed as CEO of Environmental Engineering Group in 2008. He was appointed as Managing Director of Batliboi Limited in November 2020. He has an overall industry experience of more than 40 years.

• Mr. Kabir Bhogilal is a BA (Hons), Business Administration, De Montfort University, Leicester, UK.

• He joined Batliboi in 2007 as Divisional Manager – Business Development. He has spent his early years on the shop floor and all the business verticals.

• He is a Director of Batliboi Environmental Engineering Limited, Batliboi Impex Limited, Batliboi International Limited and Batliboi Renewable Energy Solutions Private Limited.

• He is currently a Director on Indian Machine Tool Manufacturers' Association (IMTMA) and Maharashtra Dyslexia Association (MDA).

28

==> picture [84 x 52] intentionally omitted <==

Consolidated 9MFY25 Income Statement

==> picture [60 x 51] intentionally omitted <==

Particulars (INR in Cr)	9M FY25	9M FY24	% YoY Chg
Revenue from Operations	221	211	5%
Gross Profit	98	89	10%
EBITDA	17	17	-2%
EBITDA Margin %	8%	8%	-53 bps
Depreciation	3	3	8%
Earnings Before Interest & Tax	14	14	-4%
Finance cost	2	4	-31%
Profit Before Tax	11	11	5%
Tax	4	3	42%
Net Profit	7	8	-8%
PAT Margin (%)	3%	4%	-44 bps
Earnings Per Share Basic (INR)	2.18	2.77	-21%
Earnings Per Share Diluted (INR)	2.16	2.73	-21%

29

Numbers are rounded off to nearest digit.

==> picture [84 x 52] intentionally omitted <==

Consolidated Income Statement

==> picture [60 x 51] intentionally omitted <==

Particulars (INR in Cr)	FY 22	FY 23	FY24
Revenue from Operations	197	254	286
Gross Profit	75	101	120
EBITDA	10	20	23
EBITDA Margin %	5%	8%	8%
Depreciation	4	4	4
Earnings Before Interest & Tax	6	16	19
Finance cost	8	5	5
Profit Before Tax	-2	11	14
Tax	2	1	5
Net Profit	-5	11	9
PAT Margin (%)	-2%	4%	3%
Earnings Per Share Basic (INR)	-1.64	3.67	3.16
Earnings Per Share Diluted (INR)	-1.64	3.57	3.11

30

==> picture [84 x 52] intentionally omitted <==

Consolidated Balance Sheet

==> picture [60 x 51] intentionally omitted <==

Particulars	FY22	FY23	FY24	1HFY25		Particulars	FY22	FY23	FY24	1HFY25
Current Assets:						NON-CURRENT LIABILITIES
Inventories Trade Receivables	34 19	33 32	45 38	43 46		LongTerm Borrowings Lease Liability Trade Payables	42 1 2	61 1 2	56 2 1	55 2 1
Cash And Cash Equivalents	12	7	15	10		Other financial liabilities	4	1	1	1
Loans	0	0	0	0		Deferred Tax Liabilities [Net]	13	13	15	15
Other Current Assets	4	3	5	7		Provisions	4	4	4	4
Current Tax Assets(Net)	0	-	-	-		Other Non-Current Liabilities	-	3	3	2
						Total Non-Current Liabilities	66	85	82	80
Investments Total Current Assets	- 69	- 75	- 103	20 126		Equity and Liabilities Equity Share Capital	14	14	15	17
Non Current Assets: PPE	191	191	192	192		Other Equity(includes share premium, Reserves and surplus) Total Equity CURRENT LIABILITIES	112 126	122 136	132 147	192 209
Capital Work in Progress	2	0	1	1		Short Term Borrowings	30	12	21	8
Right of use assets	2	1	2	2		Lease Liability	1	0	1	1
Other Intangible assets	0	0	0	0		Trade Payables	29	28	39	39
Financial Assets	4	3	2	23		Other Current Liabilities	33	25	26	19
Non-Current assets held for sale Other non-current assets	18 1	18 1	18 1	18 1		Short Term Provisions Current Tax Liabilities (Net) Total Current Liabilities	2 95	3 0 68	3 1 90	4 3 74
Total Non-Current Assets	218	214	216	237		Total Liabilities	161	152	174	154
Total Assets	287	289	319	363		Total Equity and Liabilities	287	289	319	363
										~~3~~1

==> picture [84 x 52] intentionally omitted <==

Recent Participations in Exhibitions

==> picture [60 x 51] intentionally omitted <==

ITMA 2023

Milan, Italy

8-14 Jun

Air Engineering

==> picture [159 x 102] intentionally omitted <==

IMTEX 2024

Bengaluru, India 19-23 Jan Machine Tools

==> picture [159 x 102] intentionally omitted <==

ITMA 2023

Milan, Italy 8-14 Jun

Textile Machinery

==> picture [159 x 102] intentionally omitted <==

Knitech 2024

Tripura, India 01-04 March Textile Machinery

==> picture [159 x 102] intentionally omitted <==

ACMEE 2023

Chennai, India 15-19 Jun

Machine Tools

==> picture [159 x 102] intentionally omitted <==

Pune Machine

Tool Expo 2024

Pune India 23-24 May Machine Tool

Wind Energy India 2024

Chennai India 23-24 October

Machine Tools

==> picture [159 x 102] intentionally omitted <==

==> picture [159 x 102] intentionally omitted <==

32

==> picture [84 x 52] intentionally omitted <==

Sample Customer Base

==> picture [60 x 51] intentionally omitted <==

Machine Tools

• Andritz Hydro Pvt. Ltd.

• Balkrishna Industries Ltd

• Bhabha Atomic Research Centre (BARC)

• Bharat Heavy Electrical Ltd

• Brahmos Aerospace Trivandrum Ltd.

• COFMOW

• Department Of Employment And Training

• Flender Drives Pvt. Ltd.

• IFGL Refractories Ltd.

• Indian Railways

• Inox Wind Ltd.

• J J Engineers & Fabricators

• Jaquar & Co Pvt Ltd

• Jindal Rail

• Jindal Steel & Power Ltd.

• JSW Steel

• Kartar Agro Industries Pvt Ltd

• L&T MHI Turbine Pvt Ltd.

• Larsen & Toubro

• SAIL

• Siemens Ltd.

• Space Applications Centre (SAC), ISRO

• Suzlon Towers & Structures Ltd.

• Tata Steel – TGS

• TEXMACO Limited

• Titagarh Wagons

• Torrent Power Ltd.

• Ultra Tech Cement Ltd .

• Walchandnagar Industries Ltd.

• Concurrent Technology Company, USA

• Cust-o- Fab, USA

• Kelvoin, USA

• Ohmstede, USA

• O’Neal Industries, USA

• Zamil Steel, Saudi Arabia

33

==> picture [84 x 52] intentionally omitted <==

Sample Customer Base

==> picture [60 x 51] intentionally omitted <==

Textile Engineering

• Aarati International Ltd.

• Anwar Group, Bangladesh

• GHCL Textiles Ltd

• Ha-meem Group, Bangladesh

• Indo Count Industries Ltd

• L. S. Mills Ltd.

• RSWM Limited

• Sanathan Textiles Ltd

• Sangam India Ltd

• Shanmugavel Group

• Shreedhar Spinners Pvt Ltd

• Sutlej Textiles & Industries Ltd

• Trident Group

• Wellknown Industries Ltd.

• Welspun Group

• Ambika Cotton Mils

• Arvind Mills

• Bhilosa Industries

• Birla Advanced

• Himatsingka

• Hunaram

• HYS Industries

• Jay Jay Mills

• Kitex Apparel Parks

• KPR Mills

• Mango Filaments (Kejriwal)

• Nahar Industrial Enterprises

• Shobikaa Impex

• Sky Textile India (Sky Spintex)

• Technocraft Industries

• Trident

34

==> picture [84 x 52] intentionally omitted <==

Sample Customer Base

==> picture [60 x 51] intentionally omitted <==

Batliboi Environmental Engineering Ltd

 Arcelor Mittal / Nippon Steel Ltd.  ATC

 CEAT

 Chloride Metals Ltd.  Dianelli India Pvt. Ltd.  Epsilon Carbon  Good Year  ISGEC  JSPL  JSW Ltd.  Larsen & Toubro  Megha Engineering Ltd  Nuclear Fuel Complex  SAIL  Thermax  Yokohoma

35

==> picture [146 x 91] intentionally omitted <==

Connect with us.

Saloni Ajmera Tel: +91-99305 77801 Email: saloni@goindiaadvisors.com

Pooja Sawant Tel: +91-22 6637 8200 Email: investors@batliboi.com w w w. b a t l i b o i . c o m

==> picture [191 x 186] intentionally omitted <==

Paridhi Jagnani Tel: +91-91020 24869 Email: paridhi@goindiaadvisors.com w w w. g o i n d i a a d v i s o r s . c o m