NDR Auto Components Limited — Earnings Release 2023

Jan 27, 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

27.01.2023

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 AND NINE MONTHS ENDED DECEMBER 31, 2022-EARNING RELEASE

Dear Sir/Madam,

Please find enclosed herewith earning release for Q3 i.e. December 31, 2022 of FY 2022-23.

Kindly take the same on your record.

Thanking You, Yours Faithfully,

For NDR AUTO COMPONENTS LIMITED

RAJAT Digitally signed by RAJAT BHANDARI BHANDARI Date: 2023.01.27 17:13:15 +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 Components 9M FY23 PAT doubled to ₹ 18.35 crore

• Consolidated Total Income for Q3 FY23 at ₹ 107.05 crore; a 83.5% YoY growth

• Consolidated EBITDA for Q3 FY23 at ₹ 8.78 crore; a 71.8% YoY growth

• Consolidated PAT for Q3FY23 at ₹ 5.75 crore; a 78.6% YoY growth

Delhi 27[th] January 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 unaudited Financial Results for the Q3& 9M FY23.

Consolidated Financials at a Glance:

Q3 FY23:

Particulars(₹ crore)	Q3 FY23	Q3 FY22	**YoY Change **
Total Revenues	107.05	58.35	83.46%
EBITDA	8.78	5.11	71.82%
EBITDA(%)	8.20	8.76	-55bps
PAT	5.75	3.22	78.57%
PAT(%)	5.37	5.52	-14 bps
EPS(Rs)	9.56	5.38	77.70%

9M FY23:

Particulars(₹ crore)	9M FY23	9M FY22	**YoY Change **
Total Revenues	266.05	159.20	67.12%
EBITDA	24.41	14.45	68.93%
EBITDA(%)	9.17	9.08	9.4 bps
PAT	18.35	8.87	106.88%
PAT(%)	6.90	5.57	132.6 bps
EPS(Rs)	30.51	14.83	105.73%

Commenting on the performance, Mr. Pranav Relan – Whole Time Director of NDR Auto Component said, “ Demand upbeat for automobiles kept the growth momentum very high for our quality products which is clearly reflecting in our topline. Further, strong demand and capacity addition will further add to our revenues in Q4FY23. We expect to close FY23 on a very strong note with impressive deliverable at our bottom-line. ”

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