NDR Auto Components Limited — Earnings Release 2023

May 30, 2023

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NDR AUTO COMPONENTS LIMITED

Corporate office: Plot No.1, Maruti Joint Venture Complex, Gurugram, Haryana-122015 CIN: L29304DL2019PLC347460 Website: www.ndrauto.com Email id : contact@nacl.co.in Phone No. : 9643339870-74 30.05.2023

BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza, Plot No. C/1, G-Block Bandra Kurla PJ Towers, 25[th] Floor, Dalal Street, Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051. Scrip Code: 543214 Trading Symbol: NDRAUTO

SUB: GENERAL UPDATES FOR QUARTER (Q4) AND YEAR ENDED MARCH 31, 2023-EARNING RELEASE

Dear Sir/Madam,

Please find enclosed herewith earning release for quarter and year ended i.e., March 31, 2023.

Kindly take the same on your record.

Thanking You,

Yours Faithfully,

For NDR AUTO COMPONENTS LIMITED

RAJAT Digitally signed by RAJAT BHANDARI BHANDARI Date: 2023.05.30 17:28:11 +05'30'

Rajat Bhandari Executive Director and Company Secretary DIN: 02154950

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Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi 110037 Tel.: +91 011-6654 4976

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NDR Auto Delivers Remarkable Financial Performance in FY23 with 86% Net Profit Growth

The Company Has Recommend Dividend Of ₹ 5 Per Share & Announced 1:1 Bonus For Shareholders

Delhi 29[th] May 2023 – NDR Auto Component (NSE – NDRAUTO & BSE – 543214) , engaged in the business of manufacturing seating solutions like frames and trims to four wheelers and two wheelers vehicles, has announced its audited Financial Results for the Q4 & FY23.

Consolidated Financials at a Glance:

Q4 FY23:

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Particulars (₹ crore) Q4 FY23 Q4 FY22 YoY Change
Total Income 133.05 81.06 64.14%
EBITDA 13.64 7.18 89.97%
EBITDA Margin (%) 10.25 8.86 140 Bps
Net Profit 9.85 6.30 56.35%
EPS (₹) 16.76 10.20 64.31%
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FY23:

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Particulars (₹ crore) FY23 FY22 YoY Change
Total Income 399.10 240.25 66.12%
EBITDA 38.04 21.64 75.79%
EBITDA Margin (%) 9.53 9.01 52 Bps
Net Profit 28.20 15.17 85.89%
EPS (₹) 47.27 25.04 88.78%
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Net Cashflow from Operations is at ₹ 48.18 Crores.

Commenting on the performance, Mr. Pranav Relan – Whole Time Director of NDR Auto Component said, “I am pleased to report that we have experienced robust growth in Q4FY23 and for the full year FY23. The strong demand from our clients has been instrumental in maintaining the upbeat momentum and significantly improving our revenues.

Our relentless focus on cost control has yielded positive results, leading to enhanced EBITDA and net profit. As a testament to our financial strength, we are recommending a dividend of ₹5 per share and a 1:1 bonus, showcasing our commitment to rewarding our shareholders.

We are highly optimistic about the future as we anticipate continued robust demand for automobiles. This positive outlook bodes well for our company's performance going forward.

The successful year of FY23 has laid a solid foundation for our continued growth and profitability. We are confident that we are well-poised to capitalize on the opportunities that lie ahead."

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About NDR Auto Components Limited:

NDR Auto Component Ltd (NACL), a flagship company of the Rohit Relan Group, was incorporated in March 2019 with a view to demerge the automobile seating business of Sharda Motor Industries Limited (SMIL). The Company is engaged in the business of manufacturing seating solutions like frames and trims to four wheelers and two wheelers vehicles.

The management and the senior leadership team of the group have more than three decades of hands-on experience and expertise in this domain. The Company is supplying seating arrangements to Relan Group Company - Bharat Seats who is key supplier to the leading companies like Maruti Suzuki India Ltd, Suzuki Motorcycles.

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For Further Information Please Contact Corporate Communication Advisor:

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Sunil Mudgal – Director Kirin Advisors Private Limited sunil@kirinadvisors.com M – 9869275849

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