Indian Hume Pipe Co. Ltd. — Earnings Release 2021

Feb 11, 2021

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HP/SEC/ 11[th] February, 2021

1. BSE Ltd. 2. National Stock Exchange of India Ltd. Corporate Relationship Department, Exchange Plaza, 5[th] floor, 1[st] Floor, New Trading Ring, Plot No. C/1, G Block, Rotunda Building, P. J. Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai - 400 001 Mumbai - 400 051

BSE Scrip Code: 504741 Symbol – INDIANHUME; Series EQ

Dear Sirs, Sub : Regulation 30 of SEBI (LODR) Regulations, 2015

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Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we are enclosing herewith Press Release on the Unaudited Quarterly Financial Results for the 3[rd] quarter ended 31[st] December, 2020.

Thanking you,

For The Indian Hume Pipe Company Limited SUBHASH Digitally signed by SUBHASH MADHUSUDAN MANDKE DN: c=IN, o=Personal, postalCode=400604, st=MAHARASHTRA, MADHUSUDAN serialNumber=a9e37039ec4bff678f4b395fac6a497efb260 84f15e4d45457aea1acb023d822, cn=SUBHASH MADHUSUDAN MANDKE MANDKE Date: 2021.02.11 16:29:01 +05'30'

(S. M. Mandke) Company Secretary FCS-2723

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PRESS RELEASE

- Third Quarter (FY 2020 21)

The Indian Hume Pipe Company Ltd (IHP) reported total revenue of Rs.282.12 Crores, for the 3rd quarter of the financial year 2020-21 as against Rs . 394.96 Crores, in the corresponding quarter of the previous year.

The Company has reported an EBIDTA of Rs.31.15 Crores and a Net Profit of Rs.4.43 Crores as against Rs.42.78 Crores and Rs.12.91 Crores reported respectively in the corresponding quarter of the previous year.

- Nine Month Period (FY 2020 21)

The Company reported total revenue of Rs.787.61 Crores for the 9 months period of the current financial year as against Rs.1230.45 Crores in the corresponding period of the previous year.

The Company has reported an EBIDTA of Rs.78.98 Crores and the Net Profit of Rs.3.55 Crores as against an EBIDTA of Rs.135.88 Crores and a Net Profit of Rs. 48.07 Crores in the corresponding period of the previous year.

The operations in this period were impacted. Due to nationwide lockdown imposed to control COVID-19 pandemic in Q1 and subsequently it took time to gather momentum in project execution and supply chain management. Though gross margins were stable, net profit is lower due to non-absorption of fixed cost on 36% lower volume of turnover.

Order Book

The estimated balance value of the work as at 31st January, 2021 is Rs.4691.57 Crores as against Rs.3661.73 Crores as at 31st January, 2020.

The Company is L1 in one project having value of Rs.162.23 Crores as at 31st January, 2021.

Place : Mumbai Date : 11[th] February, 2021

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For THE INDIAN HUME PIPE CO. LTD.,

Digitally signed by RAJAS RATANCHAND DOSHI RAJAS DN: c=IN, o=Personal, 2.5.4.20=460654c1e49c4afa7d4ac8dbe2b49a3706 6c8eecbfb7a5a991ba7d29470abf4c, RATANCHAND postalCode=400006, st=Maharashtra, serialNumber=817a8cacb941d670cdb69aa7f8c6f 6734e4e79ef563d1c442668b00a928b104c, DOSHI cn=RAJAS RATANCHAND DOSHI Date: 2021.02.11 16:28:09 +05'30'

RAJAS R DOSHI

CHAIRMAN & MANAGING DIRECTOR