Investor Presentation

Q2 FY2022
25th October 2021
Disclaimer
This presentation has been prepared solely for use at the investor/analyst presentation. By attending the meeting where this presentation is

made, or by reading the presentation slides, you agree to be bound by the following limitations:

Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives,

projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations.

Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update

forward-looking statements to reflect actual results, changed assumptions or other factors.

2
KFIL Vision, Mission
and Values

Financial Highlights

Other Updates

3
Vision & Mission
VISION

Be a sustainable growing organisation creating value to all stakeholders

MISSION
To become a Billion $ company by 2030
❖ Pig Iron ❖ Casting
• To be a lowest cost producer • Exceed customer expectation in Product development, Quality & Delivery
• Expand in to value added products • Expand into new segments of casting and value addition by machining.
• To achieve 0.7 Million Tons of liquid metal by 2022 • To achieve 0.2 Million Tons casting sales by 2025

• Expand into new products beyond iron castings.

To be a preferred Employer & responsible neighbor.

4
Values

5
KFIL Vision. Mission
and Values

Financial Highlights

Other Updates

6
P&L Highlights - Quarterly
REVENUE EBITDA & % TO SALES
250.0 30%
212.5
958.4 200.0 186.9 25%
822.8 23% 20%
150.0 26%
110.2 20%
486.2 15%
100.0
10%
50.0 5%

0.0 0%
Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22

PBT & % TO SALES PAT & % TO SALES

250.0 30%
250.0 30%
200.0 186.4 25%
160.6 200.0 25%
17% 20%
150.0 23% 139.5 17% 20%
15%
150.0 13% 119.9
100.0 84.8 17% 15%
100.0 13%
10% 65.6 10%
50.0 50.0
5% 5%

0.0 0% 0.0 0%
Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22

All amounts in INR Crores.

7
 Volume and Sales Update - Quarterly
VOLUME (MT) SALES (INR Crore)
958.4
30,107 Pig Iron 822.8
27.9
27,282
486.2 44.7
333.0
24,388 Casting 282.3
1,39,326 11.8
1,17,681
81,467 222.1 597.4
By Products 495.9
252.4
Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22

Volume Pig Iron Castings Sales Pig Iron Castings

Q-o-Q 18% 10% Q-o-Q 20% 18%
Y-o-Y 71% 23%
Y-o-Y 137% 50%

REALISATION

Q2 FY21 Q1 FY22 Q2 FY22

Pig Iron (INR PMT) 30,978 42,135 42,880

Castings (INR Per Kg) 91.08 103.47 110.62

8
P&L Highlights - YTD
Revenue EBITDA & % TO SALES
450.0 399.4 25%
1,781.2 22%
400.0
350.0 17% 20%
300.0
15%
250.0
200.0
699.3 122.4 10%
150.0
100.0 5%
50.0
0.0 0%

H1 FY21 H1 FY22 H1 FY21 H1 FY22

PBT & % TO SALES PAT & % TO SALES

400.0 25% 300.0 16%
346.9 259.4
350.0 14%
20%
250.0 15%
300.0 19% 12%
200.0
250.0 10%
15%
200.0 10% 150.0 7% 8%

150.0 10% 6%
100.0
100.0 72.4 48.5 4%
5% 50.0
2%
50.0
0.0 0%
0.0 0%
H1 FY21 H1 FY22
H1 FY21 H1 FY22

All amounts in INR Crores.

9
 Volume and Sales Update - YTD
VOLUME (MT) SALES (INR Crore)

Pig Iron
72.6
57,390 615.3

Casting
35,060 2,57,007 16.6
317.8
1,21,478 By Products 1,093.3
364.9
H1 FY21 H1 FY22 H1 FY21 H1 FY22

Volume Pig Iron Castings Sales Pig Iron Castings

Y-o-Y 112% 64% Y-o-Y 200% 94%

REALISATION
H1 FY21 H1 FY22
Pig Iron (INR PMT) 30,038 42,539
Castings (INR Per Kg) 90.64 107.22

10
P&L
Quarter Ended Half Year Ended Year Ended
Particulars 30-Sep-21 30-Jun-21 30-Sep-20 30-Sep-21 30-Sep-20 31-Mar-21
Unaudited Audited Unaudited Unaudited Unaudited Audited
Revenue from Operations 958.38 822.83 486.24 1,781.21 699.28 2,038.08
Other Income 0.73 1.01 0.67 1.74 1.28 2.83
Total income (1+2) 959.11 823.84 486.91 1,782.95 700.56 2,040.91

Expenses
(a) Cost of Materials consumed 575.18 451.89 250.78 1,027.07 367.63 1,048.79
(b) Purchase of stock-in-trade - - - - - -
(c) Changes in inventories of finished goods,
3.04 -9.58 0.93 -6.54 10.51 3.45
Stock-in - Trade and work-in-progress
(d) Employee benefits expense 32.25 29.34 24.16 61.59 43.71 106.62
(e) Finance costs 5.05 5.34 6.43 10.39 13.25 25.16

(f) Depreciation and amortisation 21.27 20.84 19.02 42.11 36.67 75.98

(g) Other expenses 161.74 139.66 100.84 301.40 156.35 417.72

Total Expenses 798.53 637.49 402.16 1,436.02 628.12 1,677.72

Profit Before tax 160.58 186.35 84.75 346.93 72.44 363.19

Profit After tax 119.91 139.50 65.55 259.41 48.46 302.11
EBITDA 186.90 212.53 110.20 399.43 122.36 464.33
All numbers in INR Crores.
11
Key Ratios
Quarter Ended Half Year Ended Year Ended

Particulars 30 Sep 2021 30 Jun 2021 30 Sep 2020 30 Sep 2021 30 Sep 2020 31 Mar 2021

Material Costs 60.3% 53.8% 51.8% 57.3% 54.1% 51.6%

Power Costs 2.5% 2.7% 4.5% 2.6% 5.3% 4.0%

Employee Benefit Expenses 3.4% 3.6% 5.0% 3.5% 6.3% 5.2%

Finance Costs 0.5% 0.6% 1.3% 0.6% 1.9% 1.2%

PBT 16.8% 22.6% 17.4% 19.5% 10.4% 17.8%

PAT 12.5% 17.0% 13.5% 14.6% 6.9% 14.8%

EBITDA 19.5% 25.8% 22.7% 22.4% 17.5% 22.8%

12
KFIL Vision. Mission
and Values

Financial Highlights

Other Updates

13
 End User Profile
Pig Iron Castings Castings Customer Base

Off Q2 FY 22 10 9 4 2 25
Machine Tool Engines Highway
1% Pipes 7% 3%
8% Auto (PV &
UV) Tractor
FY 21 9 9 4 2 24
9% Industry
Auto 47%
Steel
34%
11%
Domestic FY 20 8 9 3 2 22
CV
14%
Pump FY 19 9 7 3 2 21
10%

FY 18 9 5 3 2 19
General Engg Deemed
36% Export CV
20%
Auto UV & CV Tractor
Diesel Engine Construction Equipment

Updates for Q2 FY 2021-22.

14
Key Project Updates
Projected timeline for
Sr. No Project Key Objective
completion
Coke Oven: Reduction in imported coke
Coke oven 2 Lac TPA & 20 MW Power dependency
1 FY 2022-23
Plant Phase-II Power Plant: Power cost reduction & self
sufficiency

Mini Blast Furnace-2 Up gradation and Capacity enhancement, reduction in coal/coke

2 FY2021-22
Bell less top for MBFs’ consumption

3 Machining capacity enhancement Ramping up machine shop capacity Ongoing

4 Pulverized Coal Injection Reduction in coke consumption FY2022-23

5 Sinter Plant at Hiriyur Cost Reduction FY 2021-22

6 Expansion of Fettling & Finishing capacity Capacity Enhancement Ongoing

High pressure module; for auto sector
7 New Foundry Line at Solapur FY 2022-23
opportunity

▪ Project Work for Coke Oven and Power Plant Phase II commenced during the quarter

15
Thank You

KFIL Company Secretary:

Mr. Mayuresh Gharpure

Tel: (020) 66084664

Email: kfilinvestor@kirloskar.com

Group Investor Relations:

Ms. Mayura Bhusari

Tel:020 29704348
Email: mayura.bhusari@kirloskar.com
16