Hi-green Carbon Limited · NSE:HIGREEN
Hi-green Carbon — H1 FY26 Earnings Presentation
29 slides from Hi-green Carbon's earnings presentation, Nov 15, 2025
Slide 1: Schedule for Investor Conference Call notice to NSE
Date:- 15.11.2025 To, National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra Kurla Complex Mumbai-400051 Script Name: HIGREEN (ISIN: INE0PIC01017) Subject: Schedule for Investor Conference Call for Hi-Green Carbon Limited. Dear Sir, Pursuant to Regulation 30
Slide 2: Invitation to Earnings Conference Call for H1 FY26
Hi – Green Carbon Limited Cordially invites you to its Earnings Conference Call To discuss the Operational and Financial performance for H1 FY26 On Tuesday, November 18, 2025 The management team will be represented by Mr. Amitkumar Bhalodi, Managing Director and CFO Pre-register for the call and get
Slide 3: The Real Green Carbon Black
The Real Green Carbon Black Pioneering Sustainable Waste Recycling Solutions Hi-Green Carbon Limited - A leader in sustainable waste management, recycling end-of-life tyres with proprietary continuous pyrolysis technology and large-scale facilities in India.. Investor Presentation! Sep’25 www.higree
Slide 4: Radhe Group of Energy - Powering India's Green Future
Radhe Group of Energy - Powering India’s Green Future ED ‘The Ral Green Carbon Black Radhe Group is one of India’s fastest-growing renewable energy enterprises with 30+ years of expertise, offering integrated and innovative solutions for sustainable industries. @ R&D Excellence Government of India (
Slide 5: Radhe Group of Companies
Radhe Group of Companies ED ‘The Ral Green Carbon Black Adiversified business house with strong presence in renewable energy, sustainable recycling, precision castings, and industrial solutions, driven by innovation and long-term value creation. Radhe Group of Companies Vv . 4 t= Radhe Renewable Hi-
Slide 6: Hi-Green Carbon Limited - A Radhe Group Company
Hi-Green Carbon Limited - A Radhe Group Company => ‘The Ral Green Carbon Black Aleader in tyre recycling through proprietary continuous pyrolysis technology, operating large-scale plants in Rajasthan and Maharashtra with a strong focus on sustainability and innovation. Legacy & Experience Over 15 ye
Slide 7: Business Philosophy
Business Philosophy Our Mission To deliver high-quality recovered carbon black with minimal environmental impact, becoming a trusted partner for industries seeking sustainable solutions and promoting a cleaner, circular economy. Our Vision To be a global leader in recovered carbon black manufacturin
Slide 8: Our Journey
Our Journey ED ‘The Ral Green Carbon Black From a small beginning in 2011 to becoming a listed company and one of the largest tyre recycling operators in India, Hi-Green Carbon has consistently grown through innovation, expansion, and sustainability. O © 2023 2011 2012 IPO launched; Incorporated as
Slide 9: Leadership Team
Leadership Team ED ‘The Ral Green Carbon Black Guided by a visionary leadership team with decades of combined expertise in renewable energy, finance, and industrial innovation, steering the company towards global growth. a Dr. Shailesh Makadia Mr. Amit Bhalodi Chairman MD & CFO Founder and guiding f
Slide 10: Product Portfolio
Product Portfolio ED ‘The Ral Green Carbon Black Hi-Green offers a diverse portfolio of value-added products derived from tyre recucling, delivering sustainable alternatives to fossil-based materials and supporting a circular economy. Sodium Silicate Produced from syngas, used across detergents, adh
Slide 11: Diverse Range of User Applications Across Industries
Diverse Range of User Applications Across Industries ED ‘The Ral Green Carbon Black Aleader in tyre recycling through proprietary continuous pyrolysis technology, operating large-scale plants in Rajasthan and Maharashtra with a strong focus on sustainability and innovation. Applications by Product:
Slide 12: Sustainable Tyre Recycling Process
Sustainable Tyre Recycling Process ED ‘The Ral Green Carbon Black We employ a continuous pyrolysis method to recycle end-of-life tyres (ELIs), ensuring higher efficiency, cleaner operations, and recovery of valuable resources compared to batch processes. H Or Pyrolysis Method i } 4 Oxygen-free therm
Slide 13: Manufacturing Facilities
Manufacturing Facilities ED ‘The Ral Green Carbon Black State-of-the-art plants across India with large tyre processing and sodium silicate capacities. With 30+ years of expertise and patented pyrolysis technology, the company is driving sustainable recycling growth. - 4 Facilities Overview 72,000 M
Slide 14: Capacity & Revenue Mix
Capacity & Revenue Mix => ‘The Ral Green Carbon Black Capacity is expanding with stronger utilization. TPO is emerging as the largest revenue driver, supported by rCB, Sodium Silicate, and Steel Scrap. Sodium silicate: 14,400 MT, 84% utilization Particulars FY20-21 | FY2i-22 | FY22-23 | FY23-24 | FY
Slide 15: Acquisition of Samsara Recycling Pvt. Ltd
) Acquisition of Samsara Recycling Pvt. Ltd SES Tho Real Green Carbon Black Astrategic move to strengthen faw material security and expand global reach. 100% stake acquired in crumb rubber producer Ensures seamless raw material procurement Strategic location at Mundra Port for imports & exports Enha
Slide 16: Cost Optimization Strategy - Syngas Utilization
Cost Optimization Strategy - Syngas Utilization ED ‘The Ral Green Carbon Black Innovative syngas applications driving energy savings, new revenue streams, and operational efficiency. = Zero energy cost for silicate operations Bhilwara: = Syngas used for sodium silicate production = Ongoing fuel opti
Slide 17: Key Strengths
Key Strengths ED ‘The Ral Green Carbon Black Building a leadership edge in tyre recycling through scale, innovation, and sustainability. Strategic Locations Plants near tyre sources & end-user industries for cost efficiency. Industry Leadership Among few large-scale organized players; early mover wi
Slide 18: Hi-Green Carbon: Capitalizing on EPR Guidelines
Hi-Green Carbon: Capitalizing on EPR Guidelines ED ‘The Ral Green Carbon Black Extended Producer Responsibility (EPR) strengthens India’s tyre recycling ecosystem, giving Hi-Green supply security, cost edge, and sustainable growth alignment @ Policy Boost d EPR mandates structured collection & recyc
Slide 19: Global Certifications
Global Certifications ED ‘Th Ral Green Carbon Black Hi-Green holds globally recognized certifications that validate its commitment to quality, safety, and sustainability. 1SO 14001 ISO 9001 ISO 45001 REACH ISCC Plus GMP Environmental Quality management Occupational health & European regulation Inter
Slide 20: Indian Tyre Recycling Industry
Indian Tyre Recucling Industry SES Tho Real Green Carbon Black India is the world’s 2nd-largest ELT generator with fast-growing recycling opportunities, driven by regulations, exports, and industry consolidation. Scale & Growth: 3.5+ Mn tonnes ELs annually; ¥8,000-10,000 Cr market, 7-9% CAGR.. Regul
Slide 21: Carbon Black Sector Analysis
Carbon Black Sector Analysis SES Tho Real Green Carbon Black The carbon black industry faces challenges with virgin carbon black (VCB) due to cost, emissions, and ESG concerns, while recovered carbon black (rCB) is rapidly emerging as a sustainable, cost-effective alternative with growing industrial
Slide 22: TPO (Tyre Pyrolysis Oil) Market in India
TPO (Tyre Pyrolysis Oil) Market in India ED ‘The Ral Green Carbon Black India’s TPO market is expanding as a sustainable fuel substitute, driven by industrial demand, technology upgrades, and regulatory frameworks, though challenges remain around compliance and price volatility. Market Scale = India
Slide 23: Growth Drivers in Tyre Recycling Industry
Growth Drivers in Tyre Recycling Industry a is) = s x u 0 a c 9 2 = 9 S) a) @ = @ > 6 u q a => ‘The Ral Green Carbon Black Global sustainability trends, regulatory frameworks, and technology innovation are reshaping the tyre recycling industry, creating opportunities in fuel, materials, and exports
Slide 24: P&L Snapshot - Standalone
P&L Snapshot - Standalone ED ‘The Ral Green Carbon Black P&L reflects consistent growth momentum with improving revenue trajectory, operational efficiency gains, and stronger bottom-line performance. 9 For Half Year ended For Year ended Particulars (Rs. In Lakh) 30-09-2025 31-03-2025) 30-09-2024 31-
Slide 25: P&L Snapshot - Consolidated
P&L Snapshot - Consolidated ED ‘The Ral Green Carbon Black P&L reflects consistent growth momentum with improving revenue trajectory, operational efficiency gains, and stronger bottom-line performance. . For Half Year ended For Year ended Particulars (Rs. In Lakh) 30-09-2025 31-03-2025) 30-09-2024 3
Slide 26: Balance Sheet Snapshot - Standalone
Balance Sheet Snapshot - Standalone SES ‘The Ral Green Carbon Black I. EQUITY AND LIABILITIES (Rs. In Lakh) I. ASSETS (Rs. In Lakh) (1) Total Shareholders’ Funds 9,272.33 8,609.22 (1)Non-currentassets 8,361.18 7,789.08 (a) Share Capital 2,499.00 2,499.00 (a) Property, Plant & Equipment & IntangibleA
Slide 27: Balance Sheet Snapshot - Consolidated
Balance Sheet Snapshot - Consolidated SES ‘The Ral Green Carbon Black *Asat Asat *Asat Asat ll. EQUITY AND LIABILITIES 30-09-2025 3-2025 Il. ASSETS 30-09-2025 | 31-03-2025 (2) Total Shareholders’ Funds 9,137.61 8,664.89 —(1)Non-currentassets 11,330.29 10,003.85 (a) Share Capital 2,499.00 2,499.00 (a
Slide 28: Key Business Highlights
Key Business Highlights ep ‘The Rsal Green Carbon Black Focused on expanding capacity and strengthening utilization. Driving efficiency, product quality, and innovation for sustainable growth. New Capacity: Dhar plant to commence from Nov ‘25. Operational Excellence : Process optimization, energy ef
Slide 29: Thank You
HI-GREEN CARBON The Real Green Carbon Black Thank You Mr. Sagar Siyani, Hi-Green Carbon Ltd Email: compliance@higreencarbon.com Website: www.higreencarbon.com Mr. Harshil Sutaria, Kairovest Advisors Email: harshil@kairovestadvisors.com Phone: +91 9821044089