High Energy Batteries Ltd. · BSE:HIGHENE
High Energy Batteries — Shareholder Meeting (June 2024)
43 slides from High Energy Batteries's shareholder meeting presentation, Jun 8, 2024
Slide 1: Letter to BSE: Proceedings of 63rd AGM
pNCTHENAT S v HIGH ENERGY BATTERIES (INDIA) LIMITED SINCE 197? Registered Office : 5 5 201 r ified Compan Esvin House, ISO 9001 : 2015, ISO 14001 ; 2015 & ISO 45001 : 2018 Certified Company ; ; 061PLC004606 PB. No.5068, Perungudi, CIN L36999TN15 Chennai - 600 096. Indio Ref: SECY/2024 - 25/030 08.06
Slide 2: AGM Proceedings: Directors, KMP and Auditors Present
63" AGM — 08.06.2024 High Energy Batteries (India) Limited HIGH ENERGY BATTERIES (INDIA) LIMITED Proceedings of the 63% Annual General Meeting of the Company through Video Conference (VC) / Other Audio Visual Means (OAVM) on Saturday, the 08" June, 2024 at 11.00 A.M. Present through Video Conference
Slide 3: Scrutinizer, Attendance, Quorum and Introduction
63rd AGM – 08.06.2024 High Energy Batteries (India) Limited Scrutinizer Name Particulars Participated from Mr A S Kalyanaraman Practicing Chartered Accountant Chennai Special Invitee – Mr M Natarajan, participated from Tirunelveli. In Attendance Members Present: 93 representing 4468595 shares. (A) C
Slide 4: Notice, Board's Report and General Information
63" AGM — 08.06.2024 High Energy Batteries (India) Limited (D) Notice & Board’s Report The Chairman informed that the 63 Annual Report for the FY 2023 — 24 containing the AGM Notice, Board’s Report and Financial Statements were circulated through email to all shareholders. With the consent of member
Slide 5: E-voting and Meeting Instructions
63" AGM — 08.06.2024 High Energy Batteries (India) Limited (vii) (viii) (ix) the number of shareholders asking questions depending on the availability of time at the AGM. Shareholders can also post their views or questions on the ‘chat box’ of the Video Conference screen at any time during the meeti
Slide 6: Auditors' and Secretarial Audit Reports
63" AGM — 08.06.2024 High Energy Batteries (India) Limited and included in page 64 to 75 of the Annual Report. The Managing Director confirmed that there were no qualifications, observations or comments on financial statements or other remarks by the Auditors which have adverse effect on the functio
Slide 7: E-Voting, Scrutinizer, Queries and Reply
63" AGM — 08.06.2024 High Energy Batteries (India) Limited (N) E-Voting during e-AGM The Chairman informed the Shareholders that the Company is also offering the E-voting facility at the e-AGM. Only those shareholders who are present in the e-AGM and who have not cast their E-voting through Remote E
Slide 8: Conclusion and Scrutinizer Report
63" AGM — 08.06.2024 High Energy Batteries (India) Limited (S) Conclusion of Meeting Chairman thanked the shareholders for their participation, views and suggestions. He declared the meeting closed at 1.00 P.M. (T) Scrutinizer Report Post completion of the e-AGM and conclusion of E-voting, the scrut
Slide 9: Voting Results and Chairman's Declaration
63rd AGM – 08.06.2024 High Energy Batteries (India) Limited (U) Voting Results The Chairman noted that all the three Resolutions proposed as Ordinary / Special Resolutions, as mentioned in the Notice for the 63rd Annual General Meeting have been duly passed with requisite majority and in due complia
Slide 10: Dividend Resolution and Director Reappointment
63rd AGM – 08.06.2024 High Energy Batteries (India) Limited (ii) the dividend be paid to the shareholders whose names appear in the Register of Members of the company in the case of Physical holding and to the beneficial owners of shares recorded with the Depositories in the case of demat holding as
Slide 11: Speech by Chairman, 63rd Annual General Meeting
High Energy Batteries (India) Limited Speech delivered by Sri N Gopalaratnam, Chairman 63rd Annual General Meeting June 08, 2024
Slide 12: Chairman's Speech
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 Chairman’s Speech Dear Shareholders. | extend a warm welcome to all of you to this 63 Annual General Meeting of the Company. As | had said earlier, | welcome this opportunity to reach Shareholders, far and wide,
Slide 13: Chairman's Speech: New Energy Programs and Dividend
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 Underwater Vehicle (AUV) and Satellite Launch Vehicles (SLV). Our Company is currently equipping itself through development programs initiated to meet the requirements of the upcoming areas like Fuel Cell for In
Slide 14: Chairman's Speech: Economy and Defence
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 are assessing trade-offs and sequencing for careful policy calibration.” The economic backdrop is marked by protracted weakness in global growth and widening divergence. The International Monetary Fund (IMF) for
Slide 15: Defence Allocation and Performance Review
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 THRUST IN DEFENCE ALLOCATION Government is planning to impose restrictions on import of arms and ammunitions in a phased manner and such imports shall be substituted through the procurement from Domestic Industr
Slide 16: CSR and R&D
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 Our efforts towards the revival of operations of Lead Acid Battery Division are yet to bear fruits. CSR The Company, by framing its CSR policy, is committed to the upliftment of rural area surrounding the factor
Slide 17: R&D: EV Charging and Fuel Cell
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 or Three-Wheeler (3W) EV — “a 24*7 Charging Station” as an application, is presently in progress. The inside of wrapper for our 63 Annual Report contains the image of Integrated Solar with Vanadium Battery (VRFB
Slide 18: Dividend, Current Year and Diversification
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 DIVIDEND As you are aware, Board of Directors have recommended payment of dividend at 150% for this year 2023-24, quite notably for the fourth year in succession. CURRENT YEAR (2024-25) The company, it is hoped,
Slide 19: Directors and Acknowledgement
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 are grateful to these retiring directors for the guidance and counsel received from them, which helped the Company to steer clear of difficult situations. Cmde Saroj Kumar Patel and Dr. Subrahmaniya Sivam were a
Slide 20: Closing Remarks and Thanks
HIGH ENERGY BATTERIES (INDIA) LIMITED 63 Annual General Meeting Saturday — June 08, 2024 | further wish to place on record my sincere appreciation to all the employees of the company for their continued involvement and contribution towards the improved performance of the company. And to you, our Sha
Slide 21: Performance and Operational Highlights 2023-2024
HIGH ENERGY BATTERIES (INDIA) LIMITED Performance and Operational Highlights 2023 — 2024
Slide 22: Performance Highlights 2023-24
OS. oe Performance Highlights 2023-24 . Turn over Rs.77.53crs . PBT 30% same as last year. Dividend of 150% for the year 2023-24. Outlook for 2024-25 is positive. Debt free company. Lower Bank interest rates.
Slide 23: Operational Highlights
ik pod yay & Operational Highlights 3 Dev. of 330kW Silver Zinc Battery for HWT Working on a new Battery for Sonobuoy. Order received for the development of two new Battery types. Navy initiated dev. of High power (Mg Based) Battery. VRFB unit 5kW demonstrated for EV Charging. Scale-up work on Flow
Slide 24: 330kW Torpedo Propulsion Battery
330kW Torpedo Propulsion Battery o Application - Underwater motive power o Requirement - High power needed for short period. “+ Development completed to meet the specified requirements “+ Further optimization of the system (size and weight) in progress
Slide 25: Battery for Sonobuoy (Long Endurance Type)
Battery for Sonobuoy (Long Endurance Type) o Application - Underwater Mapping & Surveying o Requirement — Using Acoustic signals transmitted “+ Proto stage development completed. “+ Full stage assembly in progress. “* Will undergo evaluation under simulated sea condition
Slide 26: Development of New Batteries for Russian Torpedoes
Development of New Batteries for Russian Torpedoes INTE-234(S) INMG-174(S) “ Silver Zinc Secondary type batteries for 2 different platforms — Import substitution «+ Application : HWT Propulsion and for Decoy
Slide 27: OSBC and CNS Commendation
OSBC and CNS Commendation “+ Simulated testing of a Mg based battery, to generate technical parameters.
Slide 28: CNS Commendation
CNS Commendation In appreciation of the dedication & commitment Commendation from Chief of The Naval Staff (CNS) was received by Mr. M. Ignatius, Director (Ops.) — 31st Jan. 24
Slide 29: PEMFC (Fuel Cells)
PEMFC (Fuel Cells) 500 W PEMFC SYSTEM TKAEFEMFC SYSTEM sia “* Design, dev. and assembly of 1kW stack completed “+ Dev. of 2.5 kW unit using Hydrogen as fuel, in progress “* Scaling up to 5kW and 10kW will be pursued later
Slide 30: VRFB for EV Charging
VRFB for EV Charging o Power & Energy decoupled system o More than 4-8 h Energy backup / EV charging o For Stationary Long Duration Energy Storage (LDES)
Slide 31: VRFB for EV Charging
VRFB for EV Charging Circulating system Demonstrated at India Energy Week (IEW) Feb 2024
Slide 32: VRFB Scale-up 10 kW / kWh
VRFB Scale-up -10 kW / 100 kWh © End Plate Bipolar electrode Proposed design A scale up program for IITM & OECT is in progress since March 2024.
Slide 33: Financial Highlights 2023-2024
Financial Highlights 2023 — 2024
Slide 34: Financial Highlights
Financial Highlights Rs. In Crores
Slide 35: Financial Highlights
Financial Highlights 19 49 Yo '%o
Slide 36: Financial Highlights
Financial Highlights pace 22' 9%
Slide 37: Financial Highlights: Bank Borrowing
Financial Highlights Rs. In Crores BANK BORROWING 31.07 28.58 27.90 24.53 20.85 4.77 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Efforts made to reduce utilisation of Bank borrowings.
Slide 38: Financial Highlights: Other Liabilities
Financial Highlights Rs. In Crores OTHER LIABILITIES 38.58 35.80 23:76 — 20.53 18.18 15.83 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
Slide 39: Financial Highlights: Net Worth
Financial Highlights NET WORTH 41,94 aS 23.76 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Net Worth increased by 6 times in the last 8 years.
Slide 40: Financial Highlights
Ls | Financial Highlights REVENUE EBITDA PBT PAT NET WORTH
Slide 41: Thanks to shareholders
of shareholders
Slide 42: Agenda 2024-25
4. R yay S Agenda -2024-25 ~ 3 Production orders Expected Based on successful development during 2023-24. a) 270 kW Twin cell Secondary Battery Production order from NSTL. b) 100 kW Sea water activated Battery Production order from NSTL. . 270 kW Primary Battery development cum supply order from NST
Slide 43: Thank You
High Energy Batteries (India) — Shareholder Meeting (June 2024) on 6ix