Slide 1: Modison Limited: Global Leadership in Silver Contacts
MANUFACTURER OF ELECTRICAL CONTACTS FOR LV, MV, HV & EHV SWITCHGEAR INDUSTRIES MfOJIDJDSfDJINI 33 - Nariman Bhavan, 227 - Narirnan Point, Mumbai - 400021 India T: +91-22-2202 6437 F: +91-22-2204 8009 \\ DNV·GL I} E: sales @modison.com W: www.modison.com � II LIMITED Cin No.: L51900MH1983PLC029783 tS
Slide 2: Global Leadership in Silver Contacts
Slide 3: Safe Harbour
SAFE HARBOUR Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result”, "would", "believe", "may", "expect", "will continue”, “anticipate”, "estimate", "intend", "
Slide 4: Management Commentary
MANAGEMENT COMMENTARY "We saw flat topline due to silver price variations. Our margins improved on account of cost and quality focus. We continue to place emphasis on cost savings, inventory reduction and are fully focused on quality improvement. We are seeing early signs of our customers wanting to
Slide 5: Modison Ltd.
MODISON LTD. STRONG GLOBAL A publicly listed company PRESENCE 2 MANUFACTURING ONLY PLAYER WITH PLANTS CAPABILITY Modison Ltd, Vapi Modison Copper Pvt Ltd, Silvassa LV, MV and HV switchgear contacts GLOBAL TECHNOLOGY INTEGRATION NABL DODUCO Accredited Lab ISO CERTIFICATIONS ISO 8001:2015, ISO CARE A
Slide 6: Vision and Core Values
VISION CORE VALUES Modision is committed to meet the expectations Modison shall foster continuous caring culture, olution in INDIA and of our customers, employees & the stakeholders while meeting the expectations of Stakeholders, ng under the gambit and continuously evolve ourselves in order to envi
Slide 7: Company Overview
Slide 8: About Modison
Established in 1975 by Mr. G. L. Modi as a silver refining company In 1978, recognizing the high potential for Electrical Contacts in switchgear industry Modison Ltd (ML) commenced manufacturing of silver and silver alloy wires, plates, strips and solid / bimetal contacts Only company globally manuf
Slide 9: Milestones: Continuous Innovation & Excellence
MILESTONES CONTINUOUS INNOVATION & EXCELLENCE Founded as a trading Started manufacturing Collaboration with All HV contacts type Major capex for Installed automatic unit for engineering electrical contacts and Doduco for AgW and tested and approved HV capacity increase contact welding and exports co
Slide 10: Global Presence
NORTH SOUTH EUROPE MIDDLE ASIA AMERICA AMERICA EAST CANADA BRAZIL AUSTRIA NETHERLANDS IRAN SOUTH KOREA USA CROATIA POLAND KUWAIT JAPAN MEXICO ESTONIA RUSSIA CHINA FRANCE SWEDEN VIETNAM GERMANY SWITZERLAND HUNGARY TURKEY ITALY
Slide 11: Management Team
Founder & Managing Joint Managing Director Joint Managing Director Executive Director — Sales CEO Director and Technical
Slide 12: Customers in T&D Industry
STOMERS IN T&D INDUS LARSEN & TOUBRO ¥ MITSUBISHI rtm Schneider ALSTOM BOMBARDIER oe. oll Re et clk GG - SIEMENS d TATA SE HYOSUNG da HYU NDAI fiHoneey VY po ell Leading Innovation >» (8) i 2s N electric pio 5 HITACHI 2a EB > E Panasonic = gi i Li Ps . Inspire the Next = z ii = | + 2 = = AVELLS FRII
Slide 13: Customers in Consumer Industry
USTOMERS IN CONSUMER JT.Baker ATANTOR Thermo Fisher LILA PERFORMANCE MATERIALS. TATA CHEMICALS LIMITED J ims efrac SINGE 1957 Grauer & Weil (India) Limited Edward Food Research <- Anglysis Centre Limited WY Memba Chem Industries y SDFCL 5 ; 3 COVENTYA Frivate Limited t nC Mis z : ~ MODISoN
Slide 14: Ne A
Fa q A od ST -_ 4 N = . Ee i, % 3 TY “a . -. - & - 2% "{g ; N A LN a \ Ja - : y 2 ; vg Ix. . & i he 7 =", Y A yl, Re A A \ N A | A a . _ i, Yi. “UE A> Pg Ty ph, i = py - oe - - es < Ne Ae A a yr Bi y hb 3 2 W y <xSke 4 = -hv = gE 3 SS S@ =
Slide 15: Product Portfolio
PRODUCT PORTFOLIO LOW MEDIUM HIGH PRECIOUS METAL VOLTAGE VOLTAGE VOLTAGE COMPOUNDS ® Semis (AgNi, Agcdo,Agsno2 wires) ® Silver Nickel ® Arcing Contacts (Tulips) ¢ Silver Cadmium Oxide ® CuCr with vacuum silver Non arcing contacts ® Silver Graphite brazing alloy Copper Tungsten Plugs (for Silver Nitr
Slide 16: Metal Compound
METAL COMPOUND ALTS WITH ABILITY TO PRODUCE CR,LR & AR CHEMICAL STRUCTURE CHEMICAL STRUCTURE CHEMICAL STRUCTURE Silver(l) Nitrate, Silver(l) Nitrate, Silver(l) Nitrate, IUPAC name [IUPAC name IUPAC name Silver Nitrate Silver Nitrate Silver Nitrate CAS Number 7761-88-8 CAS Number 7761-88-8 CAS Number
Slide 17: Wide Range of B2C Products Including Bullion and Cutlery
WIDE RANGE OF B2C PRODUCTS INCLUDING BULLION AND CUTLERY ENABLING CUSTOMER DIVERSIFICATION MOBISON
Slide 18: Manufacturing Expertise: Refining to End Product
Nariman Point MANUFACTURING EXPERTISE Mumbai SET UP FROM REFINING TO END PRODUCT a AREA: 20,998 sqmt BUILT UP :11,783 sq mt EMPLOYEES , AREA: 10,450 sg mt «CBR BUILT UP: 6,336 5q mt REVENUE MopisoN
Slide 19: LV, MV and HV Manufacturing Facilities
Fully equipped plant for silver Diversified product and copper refining range LV Fully automated processes with Shorter production capacity of 1000 MT times Clean room facility with vacuum Ultrafine and pure CuCR furnaces, packing and 400T M4 electrical contact range compacting press to instantly co
Slide 20: Certifications and Laboratories
DNV certification for manufacture and Research « SY STEM o St 2 sale of electrical contacts for HV and LV Laboratory certified by Ny switchgear industry: AN4G 7 oa” National Accreditation ove) Quality: oy ISO 9001 150 (2015 14001 version) (2015 version] Board for Testing and TN 4 nvironment: version
Slide 21: Modison
MODISON
Slide 22: Quarterly Financial Highlights
TOTAL INCOME (2 MN) EBITDA(2 MN) AND MARGIN (%)* 901 803 789 Q1FY23 Q2FY23 Q3FY23 Q4FYZ3 Q1FY24 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FYZ24 PROFIT AFTER TAX (Z MN) EPS (3) 11 2.36 51 55 1.57 1.70 0.14 -21 -0.63 Q1FY23 Q2FY23 Q3FY23 Q4FYZ3 Q1FY24 QIFY23 Q2FY23 Q3FY23 Q4FY23 QIFY24 ** Includes exceptional ite
Slide 23: Profit & Loss: Quarterly
ROFIT & LOSS PARTICULARS (In Mn unless stated) Q1FY24 Q4FY23 Q1FY23 Total Income 861 876 901 Operating Expenses™ 769 750 813 EBITDA 92 126 88 EBITDA Margin 11% 14% 10% Finance Cost 3 § 3 Depreciation 15 16 16 Profit Before Tax 74 104 69 Taxes 19 27 18 Profit after Tax 85 77 51 PAT Margin 6% 9% 6% EP
Slide 24: Annual Profit & Loss
L PROFIT & LOSS PARTICULARS (In Mn unless stated) FY2023 FY2022 FY2021 FY2020 FY2019 Total Income 3,362 3.412 2,936 2,222 2,210 Operating Expenses” 3,128 3,128 2,557 1,952 1,880 EBITDA 234 284 379 270 330 EBITDA Margin 7% 8% 13% 12% 15% Finance Cost 17 20 20 20 22 Depreciation 63 66 61 62 64 Profit
Slide 25: Balance Sheet
BALANCE SHEET PARTICULARS (In Mn) ASSETS Non-Current Assets 851 794 746 747 651 Current Assets 1,364 1,348 1,280 1,160 1,150 Cash & cash equivalents 5 41 2 12 1 Total Assets 2,215 2,142 2,026 1,907 1,801 EQUITY & LIABILITIES Total Equity 1,871 1,758 1,642 1,465 1,373 Revaluation Reserve 4 4 4 3 3 No
Slide 26: Growth Strategy
Innovation via Development of New Products for achieving Scale and Differentiation Focus on Automation and Digitalisation for Efficient Production with Precision and Quality Entry into new Geographies for Market Diversification * * % Lean Six Sigma and Execution excellence for IN Performance Improve
Slide 27: Investment Highlights
I 4 decades track record in India electrical contacts manufacturing industry resulting in market leadership in LV and HV segment Diverse presence in new and high growth sectors including pharmaceuticals, railways and renewable energy Global market presence through exports comprising ~20% revenues, s
Slide 28: Customer Engagement
* Participated in Siemens 50thYear Celebration at Kalwa « Schneider team visited to Modison Plant MODISoN
Slide 29: Employee Engagement
» Medical checkup camp « Active Employee Discussion on Growth « Safety training and 5S training for employee safety Empowering high performing employees with significant responsibilities » Kaizen evaluation done for employees and y | 4] notable staff rewarded
Slide 30: Community and CSR Initiatives
«Runs Modison Charitable Trust * Provides drinking water from its RO plant Runs Maternity Hospital * Contributes for pediatric heart surgeries » Contributes for pediatric cancer patients * Contributes for treatment of TB patients * Sponsors 160 students for primary education « Focus on girl child ed
Slide 31: Contact Information
MODISON For further information, please contact ¢ +91222202 6437 Mr. Ravi Udeshi == shareholder@modison.com EY ¢, +91 2261920000 ==] ravi.udeshi@in.ey.com © 2021 Modison Limited, All Rights Reserved. "Modison” and The Modison Logo are trademarks of Modison Limited. In addition to Company data, data
Slide 32: Investor Communication | Q1 FY24
Modison Limited MODISoN Investor Communication | Q1 FY24 Q1 FY24 Total Income at Rs. 861 Mn Mumbai, August 02, 2023 — Modison Ltd (BSE Code: 506261, NSE Code: MODISONLTD), manufacturer of electrical contacts announced financial results for the first quarter ended June 30, 2023. in Rs. Mn. QlFY24 Q1F
Slide 33: Investor Communication | Q1 FY24: Contact
Modison Limited MODISoN Investor Communication | Q1 FY24 For details, feel free to contact: Mr. Ravi Udeshi EY Tel: +91 22 2202 6437 Tel : +91 22 6192 0000 shareholder@modison.com ravi.udeshi@in.ey.com Registered Office 33 Nariman Bhavan, 227, Nariman Point, Mumbai, Maharashtra, 400021, Telephone: +