Slide 1: Cover letter to stock exchanges
From Corporate Cffice: 510, A Wing, Kohinoor City C-} Kirol Road, Off L.B.S. Marg, Kurla (YW) Mumbai - 400 070, India T: +91 22 6708 2600 / 2500 IMPACT POSITIVE 11.08.2022 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dala
Slide 2: Investor Presentation August 2022
GRP? IMPACT POSITIVE GRP” IMPACT POSTIVE Investor Presentation August 2022 for GRP LTD’s Corporate Video
Slide 3: Safe Harbor
Safe Harbor GRP» IMPACT POSTIVE This presentation and the accompanying slides (the “Presentation”), which have been prepared by GRP Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: Performance Highlights
Performance Highlights GRP» IMPACT POSITIVE
Slide 5: Q1FY23 Performance (YoY)
Q1FY23 Performance ( YoY ) GRP» . (in Rs. Mn) Revenue Gross Profit EBIDTA PBT 1,241.4 54%) ~ 650.5 a 830.8 422.4 41.8 61.2 138% 13.8 5.8 i Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 QUFY23 Revenue / Profitability =" Robust growth in Revenue on the back of demand revival in reclaim and growth i
Slide 6: Operational Highlights
Operational Highlights GRP Pssces Volume growth in reclaim business is 25% Volume sales in non reclaim business is lower on account of material and container shortages Made inroads into export markets in engineering plastics business Employee benefit expenses include one time Moderation in ocean fre
Slide 7: Segment Wise Quarterly Performance Trend
Segment Wise Quarterly Performance Trend* GRP» IMPACT POSTIVE Reclaim Rubber Revenue Trend Non-Reclaim Revenue Trend 1,128 1,036 921 113 109 820 302 294 85 73 270 rey. 627 Pte - i QIUFY22 Q2FY22 Q3FY22 QAFY22 QI1FY23 QIFY22) Q2FY22 Q3FY22 QAFY22 QI1FY23 ma Domestic | Exports ! ¥ Substantial jump in
Slide 8: Segmental Financial Highlights
Segmental Financial Highlights* G RP» IMPACT POSTIVE strar lam adele) olay Non-Reclaim Rubber Particulars (in Rs. Mn)* Q1FY22 Q1FY23 Q1FY22 Q1FY23 Revenue : 761.3 1,128.3 66.2 109.3 . ¥ Revenue from reclaim rubber business increased on account of I oO Increase in selling price and favourable currenc
Slide 9: Industry Overview
Teele aA aaa GRP» IMPACT POSITIVE
Slide 10: Global & Indian Tyre Industry Performance
Global & Indian Tyre Industry Performance GRP» enn Global Tyre trends Passenger car/Light truck tire, H1 2022 CY (% change Y-o-Y, in no. of tyres) ¥ Global OE tire demand in PCLT segment is down by 2% Europe ved) with stable demand from American region OE tyres -7% 5% 6% -2% ¥ Decent Replacement sal
Slide 11: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement GRP» Profit & Loss (Rs. Mn) (okie ee) ohh ya Y-o-Y / Bps er py, Q-0-Q / Bps ees a PA Y-o-Y / Bps | Revenue 12414 8308 § 49% = 141123 = 12% = 3,884.2 | 2,797.7 — 39% _ Cost of Goods Sold 590.8 408.4 487.3 1,820.5 1,354.4 | Gross Profit 650.5 422.4 54% 625.0 4% 206
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet G Rp» IMPACT POSTIVE PNT} we Coma) Were WF Tea Liabilities (Rs. Mn) Non-Current Assets i : Equity Share Capital Right of use assets (i) Borrowings (ii)Lease Liabilities : Current Assets : Inventories {i) Investments {ii)Trade receivables {iv)Bank balances other than mentio
Slide 13: Capacity addition and capital expenditure
Capacity addition and capital expenditure GRP» IMPACT POSTIVE Industrial Polymers Polymers Composities Build up additional capacity for Reclaim Rubber and Y Y P Allied Business over the years (Installed capacity in MT) 3,400 72,000 7,800 moi 10,000 y 1,500 3,000 vo00 fi 21,000 ye ag00 7500 2,400 =z
Slide 14: Positive and sustainable outlook
Positive and sustainable outlook... GRP» IMPACT POSTIVE MoEFC has introduced EPR norms for waste tyres ‘Extended Producer Responsibility’ means responsibility of producer of tyres to ensure environmentally sound management of waste tyres as per the provisions of this regulation * The obligations to
Slide 15: Awards & Accolades
Awards & Accolades GR pd IMPACT POSTIVE OF Circular Solutions: Closing the loop (Fe 7 Great 25-26 November, 2021, Pla fed = To Work. CERTIFICATE OF ACHIEVEMENT ddl eten GRP Limited Category: Small and Medium Enterprise Best Tyre Recycler 2022: RUNNER UP EcoVadis CSR Rating Quality Circle Forum of In
Slide 16: Introduction
Introduction GRP» IMPACT POSITIVE
Slide 17: Tyre Graveyards are increasing across the Globe
Tyre Graveyards are increasing across the Globe GRP» IMPACT POSTIVE 7.6 Billion people 1.7 billion new Creating huge in the world tyres produced a year , at it Hi, ; f Ne thet i iti ith HL fier ¢ iM Na ti! TYRE iyne ni ! hit ‘ GRAVEYARDS... ‘ i "yi nna ' mt 1.4 Billion Over 1 billion waste vehicles
Slide 18: Presenting a HUGE OPPORTUNITY
..presenting a HUGE OPPORTUNITY GRP» IMPACT POSTIVE Huge tyre graveyards that canbe seen! ' GRP uses end-of-life tyres to ; Reclaim rubber, Engineering plastics, Die-cut from Space i i recycle and manufacture products & Polymer Composite Products — i GRPPpsuzes GRPDP SE ms GRPP REY GRPPLWHE ire
Slide 19: It is our raison d'etre
It is our raison d’etre GRP» Recover, Recycle, Reuse- is GRP’s raison d’etre as well as mantra for creating a clean planet = GRP is one of the leading producers of reclaim rubber = |t recycles end- of-life tyres, automotive inner tubes, automobile profiles and moulded rubber products to produce cons
Slide 20: To Reduce, Reuse & Recycle
..to Reduce, Reuse & Recycle GRP» IMPACT POSTIVE REDUCE Manufactured from 100% recycled rubber and plastics Product is environmental friendly, strong and durable as a substitute to wood & concrete Custom die forms engineered from end of life truck and bus bias tyres used in application where low cos
Slide 21: Our Business
Our Business GRP»IMPACT POSITIVE
Slide 22: Believing in possibility of better tomorrow
Believing in possibility of better tomorrow... GRP» IMPACT POSTIVE ~~ 7 Manufacturing Units with 81,200 Export presence in 60+ Countries tons/year capacity across 400+ customers » 18% share in Indian Market & 50% of ~1.2 Min End-of-Life tyres saved from India’s Export in reclaim rubber reaching land
Slide 23: Since Four Decades & Counting
... since Four Decade & Counting GRP» Gujarat Reclaim and 1 Unit at Got its first ever Rubber Products Ankleshwar export order Limited incorporated o ee, me, SNe eee” ~ < ‘s, oo o a ae nd SNe” wh 4% unit established 3'4 Unit established Ad Diversified in at Solapur at Panoli Custom Die Forms a ee, S
Slide 24: Serving the needs of Global Mobility Industry
.. serving the needs of Global Mobility Industry GRP» IMPACT POSITIVE 60+ ; 400+ Countries Customers 400+ — ow SE Oe Panoli @ indore Vendors across 20 - 5 Oo countries Ankleshwar ® Mumbai Solapur & Headquarters @ Reclaim Rubber 22. 7 M@ C-DF -_—= = ~1060 e Industrial Polymers = = = A . Manufacturing
Slide 25: With our R&D Capabilities
..with our R & D Capabilities GRP» IMPACT POSTIVE Product Process Si =" Developing New ® Continuous Development of New = Automation of Application across P Processes diversified Industries Products = Environment friendly = Products designed = Expansion in New P — Zero Discharge based on Customer Pro
Slide 26: With Diversified Product Applications
..with Diversified Product Applications GRP» IMPACT POSTIVE TYRE APPLICATION Nylon Overlay Steel Belts Tom Radial Body Piles Inner Liner Inner Tubes Tyre Side Walls Vv. Tyre Piles Tyre Treads & Retreads ) Inner Liner — co) 2 2 =) a £ fe oO NON - TYRE APPLICATION o oc Conveyor Belts Adhesives Automot
Slide 27: Across Business Verticals
..across Business Verticals GRP» IMPACT POSTIVE Industrial Polymers Custom Die Forms INDUSTRY APPLICATIONS APPLICATIONS Link Mats Door Mats Consumer Automotive Electrical & Electronics Industrial Industrial Mats Dock Bumpers Reprocessed Nylon Reprocessed Nylon «gs Dock Bumpers Glass Filled Unfilled
Slide 28: Across Business Verticals
..across Business Verticals GRP» IMPACT POSTIVE Polymer Composite INDUSTRY APPLICATIONS Commercial transportation Livestock transportation Military and Government Oil fields Transportation floor beds Oil rigs set back areas Air drop pallets GD 27
Slide 29: All Major Tyre and Non Tyre Customer Relationships
..all Major Tyre and Non Tyre Customer Relationships G RP» apollo -Ciy a 2 = GROWING TOGETHER loadstar se eebinttetens CH=AT = BSeldmedal = @ntinentals © DSM TATA STEEL t Go ° ° | => f- “ HORIZON HUTCHINSON a Sh @ rye « KORYO MARANGONI 555 melost, INitto ORIENTAL JVAIRE® fieecn CONVEY|ALL|THE|WAY Ni
Slide 30: Global Partnerships for Business Growth
..Global Partnerships for Business Growth GRP» IMPACT POSTIVE 4) ae Reclaim Rubber 2? Polymer Composite Successful in setting up a Contract Manufacturing with an reclaim rubber unit in American company since 2017 to Malaysia and handed over to manufacture polymer composite the local partner products
Slide 31: Distinguished Board of Directors
...Distinguished Board of Directors GRP» IMPACT POSTIVE Dr. Peter Philip Rajendra Gandhi Harsh Gandhi Chairman & Non-Executive Director Managing Director Joint Managing Director No. of Years of Experience : More than No. of Years of Experience : More No. of Years of Experience : 16 years 40 years in
Slide 32: Distinguished Board of Directors
...Distinguished Board of Directors GRP» IMPACT POSTIVE Mahesh Gandhi Rajeev Pandia Saurabh Shah Non-Executive Director Independent Director Independent Director No. of Years of Experience : More than No. of Years of Experience : More No. of Years of Experience : More than 30 years in General Manage
Slide 33: With Experienced Management Team
..with Experienced Management Team GRP» IMPACT POSTIVE Virendra Rathod President — Marketing Shilpa Mehta Sanjeeb Lahri and Business Kush Giramkar Chief Financial Officer Head HR & Development Operations Head Reclaim Ganesh Ghangurde Administration Rubber Head Chief Compliance Officer Procurement &
Slide 34: CSR - Impact Positive Initiatives
CSR - Impact Positive Initiatives GR p> IMPACT POSTIVE =" Our CSR vision — "to contribute towards social and economic development of the communities where we operate in. And while doing the same, we want to build a sustainable way of life for all sections of society”. = GRP believes in doing busines
Slide 35: Business Verticals
Business Verticals GRP» IMPACT POSITIVE
Slide 36: Manufacturer of sustainable products through Business Verticals
.. Manufacturer of sustainable products through 4 Business Verticals GRP» IMPACT POSTIVE | GRP Psy GRP» INDUSTRIAL POLYMERS GRP» DIE FORMS GRPY eots8ire GD 35
Slide 37: Reclaim Rubber - Industry Leading Technology
Reclaim Rubber - Industry Leading Technology GRP see 15T Company in India to design, fabricate and install an entire plant manufacture of reclaim rubber from complete indigenous components & machinery for GRPP sce ® VALUE PROPOSITION Strong focus on innovation and R & D with DSIR approved lab, 1S* c
Slide 38: Reclaim Rubber - Cost Effective Alternative
Reclaim Rubber — Cost Effective Alternative GR p> RUBBER PRODUCT OFFERI NG a aac (Natural Rubber Reclaim) Ee t Plhes (Natural Rubber Reclaim) NATURAL RUBBER RECLAIM : 9 Se Wall (Natural Rubber Reciaim) | * Whole Tyre Reclaim e * Ultra High & High Tensile Reclaim * Natural Tube Reclaim SYNTHETIC RUBB
Slide 39: Industrial Polymer - Valuable Engineering Plastic
Industrial Polymer - Valuable Engineering Plastic G RP dasezas INDUSTRY LEADING TECHNOLOGY TARGET MARKET & APPLICATIONS GR pb POLYMERS Fasteners, Clips, Bushes, Plugs, 1st Indian company to commercialize the concept of Cable Ties, Sleeves, Main fold f recovery and reuse of polyamide from end-of-life
Slide 40: Custom Die Forms - Diverse Product Portfolio
Custom Die Forms —- Diverse Product Portfolio GRP» CUSTOM DIE FORMS PRODUCTS GR pb DIE FORMS cK Converts end-of-life tyres to design products used for civil & agricultural applications Ck Custom Die Forms are meant to absorb vibrations in heavy equipment and for insulation against sound ce GRP — CDF
Slide 41: Polymer Composite
Polymer Composite GRPY 22828 GRP? 2288 ire ABOUT Polymer Composite Products = GRP is the exclusive manufacturer to a US based company for supply of composite products Additive =" The composite products are manufactured from 100% recycled rubber and plastics Rubber = The product is environmentally fr
Slide 42: Growth Drivers
Growth Drivers GRP» IMPACT POSITIVE
Slide 43: We have built Sustainable Business
We have built Sustainable Business GRP» IMPACT POSTIVE Brand GRP carries with it Upgradation of Process and Cost Effective by replacing 7 Manufacturing Units, 20 Trust of 4 Decades Products through innovation Virgin Rubber Polymer Distributors and 400 Vendors In-house Manufacturing ‘Cerys Brand GRP
Slide 44: Demand drivers for Reclaim Rubber
Demand drivers for Reclaim Rubber GR pb RUBBER Global Reclaim Rubber Demand Global Reclaim Rubber market is expected to reach USD 6.32 billion by 2025 . . Global Demand Drivers Global Reclaim Rubber Demand (Kilo Tonnes) >» Growing awareness regarding COST - EFFECTIVE and ECO - FRIENDLY alternatives
Slide 45: Strategic shift towards increasing Reclaim Rubber
With strategic shift towards increasing Reclaim Rubber GRP siuses ARIDGESTONE To Reduce, Reuse and Recycle the use of fossil fuels and strategic shift towards Reclaim Rubber. By 2050 companies envisages higher use of Recycled Rubber Resource use reduce raw material consumption increa resource {enhan
Slide 46: Major tyre manufacturers' use of recycled materials
By major tyre manufacturing companies GRP see Os MICHELIN apollo Break-Up of Recycled Raw Materials by Type— Our Eco & Safety strategy starts from raw materials We push innovation to FY22 increase bio-based and recycled materials while decreasing fossils / Ea OUR FOCUS ON 5R' CIRCULAR ECONOMY Re-thi
Slide 47: Contact Us
Contact Us GRP» IMPACT POSTIVE Company : Investor Relations Advisors : GRP» IMPACT POSTIVE SG A Strategic Growth Advisors CIN: L25191GJ1974PLC002555 CIN: U74140MH2010PTC204285 Mr. Ganesh Ghangurde Mr. Shrenik Shah / Mr. Vatsal Shah Chief Compliance Officer shrenik.shah@sgapl.net / vatsal.shah@sgapl.