Slide 1: BSE disclosure letter: Regulation 30 presentation on results
Date: 18.05.2026 To, BSE Limited Listing Department, Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code: 504028 Symbol: GEE Ltd SUB: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regul
Slide 2: GEE Limited
GEE LIMITED JOINING THE WORLD AROUND YOU FOR OVER 60 YEARS 1
Slide 3: Disclaimer
DISCLAIMER This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of GEE Ltd (the “Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or inves
Slide 4: Contents
CONTENTS 1) Key Highlights – Q4 & FY26 2) About Us 3) Business Overview 4) Engineered to Outperform 5) Way Forward 6) Industry Growth Drivers STRICTLY CONFIDENTIAL 3
Slide 5: Key Highlights Q4 & FY26
06 KEY HIGHLIGHTS Q4 & FY26 STRICTLY CONFIDENTIAL 4
Slide 6: Key Business Highlights – Q4 & FY26
KEY BUSINESS HIGHLIGHTS – Q4 & FY26 Specialized Product Development OperationalRecovery Operational Recovery in FY26 in FY26 • Developed creep-resistant electrode for P91/P92 thermal power applications, • Achieved sequential improvement in sales and sharp rebound in successfully substituting imports
Slide 7: Key Financial Highlights - Q4FY26
KEY FINANCIAL HIGHLIGHTS- Q4FY26 Revenue from Operation EBITDA PAT 1,121.6 27.5% YoY 111.3 168.9% YoY 35.4 123.5% YoY Rs. Mn Rs. Mn Rs. Mn Gross Margin (%) EBITDA Margin (%) PAT Margin (%) 29.1 % 1,962 bps YoY 9.9 % 2,827 bps YoY 3.2 % 2,030 bps YoY 6
Slide 8: Key Financial Highlights - FY26
KEY FINANCIAL HIGHLIGHTS- FY26 Revenue from Operation EBITDA PAT 3,691.4 10.6% YoY 334.0 3,928.6% YoY 130.0 240.7% YoY Rs. Mn Rs. Mn Rs. Mn Gross Margin (%) EBITDA Margin (%) PAT Margin (%) 26.5 % 531 bps YoY 9.0 % 880 bps YoY 3.5 % 629 bps YoY 7
Slide 9: Income Statement – Q4 & FY26
INCOME STATEMENT – Q4 & FY26 Particulars (INR Mn) Q4FY26 Q3FY26 Q4FY25 YoY% QoQ% FY26 FY25 YoY% Revenue from Operations 1,121.6 923.5 879.7 27.5 21.5 3,691.4 3,338.4 10.6 Material Consumed 794.7 678.9 795.9 -0.1 17.1 2,713.7 2,631.3 3.1 Gross Margin (%) 29.1 26.5 9.5 1,962 bps 266 bps 26.5 21.2 531
Slide 10: About Us
01 ABOUT US 9
Slide 11: About Us
ABOUT US Legacy of Innovation: Founded in 1960 as General Electrodes and Extensive Market Reach: Serving domestic and international markets via Equipment Limited in collaboration with Griesheim GmbH of Germany; 500+ dealers across India and 25+ distributors in 20+ countries; balanced acquired by cur
Slide 12: GEE at a Glance
GEE AT A GLANCE 500+ 20+ 25+ ~59,000 MT Dealers across Countries Distributors Capacity the country 500+ ~50% ~50% 50+ Employees B2B Business B2C Business R&D Team 11
Slide 13: Our Journey
OUR JOURNEY 1960: 2006: 2013: Company incorporated as “General Kolkata plant operations begin Breakthrough in Inconel Series Electrodes And Equipment Limited” Operations started in collaboration with 2008: 2014: Greisham GmbH Kalyan plant operations begin SAW Wire facility was installed 1960 1996 -
Slide 14: Key Management Team
KEY MANAGEMENT TEAM Om Prakash Agarwal Joint Managing Director B.COM(H) 30+ years experience in Sales & Marketing University of Calcutta alumni Umesh Agarwal Joint Managing Director B.SC, PGDMA 25 years in Operations, Technical, Sales (Domestic & International) holds an MBA in Marketing Possessing a
Slide 15: Business Overview
02 BUSINESS OVERVIEW 14
Slide 16: Manufacturing Facilities – Kalyan Plant
MANUFACTURING FACILITIES – KALYAN PLANT Total Area- 6,700 m2 High-volume production of welding electrodes, wires, and fluxes with fully Accreditation- ISO 9001 : 2008 integrated systems for manufacturing, packing, and dispatch Capacity- ~21,000 MT 15
Slide 17: Manufacturing Facilities – Kolkata Plant
MANUFACTURING FACILITIES – KOLKATA PLANT Total Area- 16,000 m2 (15,905.33 Sq.Mtrs.) Accreditation- ISO 9001 : 2008; ISO 14001 : Supports eastern and pan-India operations with High-volume production of 2004; OHSAS 180001 : 2007 welding electrodes, wires, and fluxes with fully integrated systems Capac
Slide 18: Research and Development – A Core Competitive Strength
RESEARCH AND DEVELOPMENT – A CORE COMPETITIVE STRENGTH In-house R&D capability remains a key differentiator and driver of long-term growth. Notable Innovations and Achievements: Led by Chief Technical Officer Mr. Madhusudan P. Dhanuka, with over 40 years of Developed Created E9015 B91 Engineered Sup
Slide 19: Product Categories
PRODUCT CATEGORIES SMAW Electrodes Low Heat Input SAW Wires & Flux Cored Wires Brazing Wires & GMAW/MIG Wires GTAW/TIG Wires Shielded Metal Arc (LHI) Electrodes Fluxes For semi-automatic and Fluxes Gas Metal Arc Welding Gas Tungsten Arc Welding (SMAW) GEMET series for For heavy-duty automatic weldin
Slide 20: Global Presence
GLOBAL PRESENCE Russia Canada Eastern Europe Turkey U.S.A Middle East Iran Bangladesh India Vietnam African Continent Sri Lanka Brazil Australia 19
Slide 21: Key Clientele
KEY CLIENTELE ony 6 wane qe LARSEN & TOUBRO TATA atearstet Qa i) ¢ . Reliance oncc Industries Limited ri ENERCON ENERGIE FUR DIE WELT adani yN (EIL) \ 4 ENGINEERS INDIA LIMITED IndianOil
Slide 22: Accreditations & Approvals 1/2
ACCREDITATIONS & APPROVALS….1/2 Kalyan Kalyan Kolkata Kolkata 21
Slide 23: Accreditations & Approvals 2/2
ACCREDITATIONS & APPROVALS….2/2 22
Slide 24: Certifications
CERTIFICATIONS Golden Jubilee Year - 2008 COMMENDATION CERTIFICATE awarded to GEE Limited, Thane ® Weld Consumables for Shielded Metal Arc Welding Submerged Arc Welding Flux based on DRDO Technology in recognition of valuable contribution in productionisation of Dr. A. Sivathanu Pillai Distinguished
Slide 25: Engineered to Outperform
03 ENGINEERED TO OUTPERFORM 24
Slide 26: GEE Welding Solutions That Deliver Strength and Precision
GEE WELDING SOLUTIONS THAT DELIVER STRENGTH AND PRECISION Ocean-Tough Welding for Shipbuilding & Offshore Marine welding solutions engineered for extreme durability, classification-society compliance, and lifecycle cost reduction: • Full-spectrum expertise: commercial vessels to aircraft carriers, P
Slide 27: Engineered for Superior Edge: GEE Competitive Moat
ENGINEERED FOR SUPERIOR EDGE: GEE COMPETITIVE MOAT Strategic Backward Integration: • Owned processes (stainless steel wire drawing, ferroalloy powders, silicates) reduce costs & boost margins Market Positioning & Diversification: • Balanced revenue (~50% high-margin B2B tenders, ~50% B2C via 500+ de
Slide 28: Way Forward
04 WAY FORWARD STRICTLY CONFIDENTIAL 27
Slide 29: Way Forward
WAY FORWARD Outlook: Secured approvals driving 30–40% revenue from PSUs/infrastructure, coupled with robust export and dealer Holistic Vision: growth post-restructuring, position GEE • Evolve into a comprehensive for 25–30% revenue CAGR through FY29 solutions provider through in-house with EBITDA ma
Slide 30: Unlocking Profitability: Roadmap to 13%+ EBITDA Margins by FY29
UNLOCKING PROFITABILITY: ROADMAP TO 13%+ EBITDA MARGINS BY FY29 • 3-4% Savings in Material Cost: ➢ Leveraged through strategic backward integration (e.g., in-house stainless steel wire drawing and ferroalloy powders) ➢ Improved sourcing strategies and vendor optimization to further reduce material c
Slide 31: Margin of Safety: Non-Core Monetization
MARGIN OF SAFETY: NON-CORE MONETIZATION Monetization of the Thane Land Bank Wagle Estate Deal (Nov 24, 2025): 13,391 Sq m. of Land Parcel • Transferred development rights (13,391 sq m leasehold land) to Fen- kin Infinity LLP for modern Commercial land in the heart of Thane commercial/IT park. • GEE
Slide 32: Strategic Sector Exposure and Growth Outlook
STRATEGIC SECTOR EXPOSURE AND GROWTH OUTLOOK GEE Ltd leverages empanelment with top players in India's high-growth sectors, ensuring competitive advantage in regulated markets with high barriers and switching costs. Its welding consumables are vital for metal fabrication across infrastructure, defen
Slide 33: Growth from Organic and Inorganic Expansion
GROWTH FROM ORGANIC AND INORGANIC EXPANSION Organic Expansion: New Product Lines Inorganic Growth: Targeted Acquisition Map Prioritize scale, Adjacency launches with low capex and rapid channel fit margin, channel, and technology with tickets of 50-100 cr 1. Stainless Steel Wires: 1. Scale: Welding
Slide 34: Capacity and Utilization
CAPACITY AND UTILIZATION 57% 53% 50% 48% 71,339 MTPA Targeted Installed Capacity by FY27 59,075 59,075 59,075 59,075 ~91% Targeted Utilization by FY29 FY23 FY24 FY25 FY26 Installed Capacity (MTPA) Capacity Utilization (%) 33
Slide 35: Industry Growth Drivers
INDUSTRY 05 GROWTH DRIVERS STRICTLY CONFIDENTIAL 35
Slide 36: The Indian Welding Market
THE INDIAN WELDING MARKET The Indian Welding Industry Industry Structure • Fragmented Market: Over 50% of the market is Consolidated Market – $2.2bn - By 2034 held by unorganized, smaller players; the rest is dominated by 15 major dominated by a few branded manufacturers. players The India welding c
Slide 37: Industry Tailwinds Aligned with Our Growth Strategy
INDUSTRY TAILWINDS ALIGNED WITH OUR GROWTH STRATEGY Industry Trends What this means for Gee Limited Infrastructure Growth Capacity Ramp-Up • ₹1.4T National Infra Pipeline • Utilization scaling from current 48% to ~90% of the existing capacity • Metro, power, railways fueling welding demand • Doublin
Slide 38: Annual Income Statement
ANNUAL INCOME STATEMENT Particulars (INR Mn) FY22 FY23 FY24 FY25 FY26 Revenue from Operations 3,234.1 3,956.6 3,691.4 3,388.4 3,691.4 Material Consumed 2,440.3 3,066.9 2,834.1 2,631.3 2,713.7 Gross Margin (%) 24.5 22.5 23.2 21.2 26.5 Total Expenditure 2,951.0 3,723.0 3,396.3 3,330.1 3,357.4 EBITDA 2
Slide 39: Annual Balance Sheet
ANNUAL BALANCE SHEET Equity & Liabilities (INR Mn) FY25 FY26 Assets (INR Mn) FY25 FY26 Share Capital 52.0 104.0 Fixed Asset 847.4 578.4 Reserves & Surplus Capital Work In Progress 3.2 16.1 1,883.5 2,046.2 Investment Property 125.5 125.5 Total Equity 1,935.5 2,150.1 Other Intangible Asset 0.3 7.2 Bor
Slide 40: Thank You
THANK YOU GEE LIMITED contactus@geelimited.com KAPTIFY CONSULTING Strategy & Investor Relations | Consulting +91-845 288 6099 www.kaptify.in contact@kaptify.in