Ge Vernova T&d India Limited · NSE:GVT&D
Ge Vernova T&d India — Nuvama India Conference 2025
21 slides from Ge Vernova T&d India's conference presentation, Aug 4, 2025
Slide 1: Exchange cover letter: Investor Presentation
August 4, 2025 The Secretary The Manager GE Vernova T&D India Limited BSE Limited Listing Department (Formerly known as GE T&D India Limited) Phiroze Jeejeebhoy Towers, National Stock Exchange of India Ltd. L31102DL1957PLC193993 Dalal Street Exchange Plaza, Bandra Kurla Complex, Corporate Office: T-
Slide 2: GE Vernova T&D India Ltd Investor Presentation
GE VERNOVA T&D INDIA LTD INVESTOR PRESENTATION © 2025 GE Vernova and/or its affiliates. All rights reserved,
Slide 3: Disclaimer
DISCLAIMER @ se vernova This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations- * The forward-looking information and
Slide 4: Outline
(oN OUTLINE _—~ +— Overview of GE Vernova T&D India Ltd I— Electrification and Decarbonization I—— Market Opportunities t—— Strong Financial Performance -—— Way Forward © 2025 GE Vernova and/or its affiliates. All rights reserved,
Slide 5: Safety Moment
SAFETY MOMENT @B ce yernova Stop Work = Event Containment STARTING WORK i Systemic Solution Root Cause Implemented Analysis ~X Read "4 Across &, One Person... | fo One Process... | S) Global Impact... Guided by our life saving rules
Slide 6: Meeting Growing Demand With Disciplined Execution
Meeting Growing Demand With Disciplined Execution @® ce vernova Well positioned to capture accelerating market opportunities Enhancing capacity focusing on next-gen products, innovation and digitization Robust financial performance through disciplined order booking and strong execution Employees are
Slide 7: Overview of GE Vernova T&D India Ltd
Overview of GE Vernova T&D India Ltd ACCELERATING THE ENERGY TRANSITION As on 31/03/25 FY 24-25 Order Backlog Orders FY 24-25 FY 24-25 Revenue EBITDA Margin Manufacturing No of Employees Plants as of 31/03/25 GE VERNOVA As on 31/03/25 Net Cash FY 24-25 EBITDA Margin % No of Countries served To ~50%
Slide 8: Our Capabilities Aligned To Serve Our Target Markets
GE Vernova T&D India Ltd... our Capabilities Aligned To Serve Our Target Markets @ GE VERNOVA Fi 5 is + High Voltage Direct Current (HVDC) + Power Transformers (PTR) * Substation Automation Systems + GridOS™ - Grid Orchestration (SAS) Software + Alternating Current Systems (ACS) + Circuit Breakers (
Slide 9: Strong references in GIS, transformers and HVDC
▪ Strong reference of GIS Bays in all ~800 units of 765kV Power voltages from 765kV to 66kV transformers delivered in India ▪ Delivered for multiple applications like Transmission, Oil & Gas, Industry, Data Centers Turnkey project executed to ▪ 100+ units delivered contributing transfer 3000MW Champ
Slide 10: Building Capabilities To Serve Future
Building Capabilities To Serve Future @ GE VERNOVA NEW BREAKTHROUGH TECHNOLOGIES LEADING-EDGE GRID TECHNOLOGIES for grid expansion, stability, and sustainability SF6 Free Alternatives GRID SOFTWARE to modernize and orchestrate transmission sector for a secure and reliable grid 2 . Al powered GridOS®
Slide 11: Aligning GE Vernova's Business Success With Sustainability Success
ALIGNING GE VERNOVA’S BUSINESS B ce vernova SUCCESS WITH SUSTAINABILITY SUCCESS: OUR SUSTAINABILITY FRAMEWORK Catalyze access to more secure, sustainable, reliable, and affordable Invent, deploy, and service the technology to decarbonize electricity, and help drive global economic development and el
Slide 12: Global electrification and decarbonization trends
Coal supplies in Global electricity People lack access to electricity today generation Rise in data center demand; >900TWh by 2030 Of coal capacity outside of India & China EV share a/c all car sales by 2030; >20% YoY growth in EV sales Of capital to replace coal GW Annual investment required in cle
Slide 13: Indian power demand and transmission investment trends
In GW 220kV & above 90% of all transmission projects under TBCB Projected global GDP rank by 2030 Peak power demand in 2024 vs 2032 Investment under NEP II plan Rise in per capita energy consumption in last Projected coal-based generation by 2030, ISTS planned to connect RE by 2030 10 years down fro
Slide 14: Market Opportunities: Favorable Indian Markets
Market Opportunities eee Favorable Indian Markets @ se vernova Investment in electrification is accelerating, HVDC to account for 40% of the market $10.98 $9.0B GEVTDIL’s 2030 served segment — ——— 1 HVDC Opportunity | HVDC Opportunity | (projects completion | (projects completion | by 2032) __l by 2
Slide 15: Market Opportunities: Favorable Exports Markets
Market Opportunities... Favorable Exports Markets Expanding Global Markets -_ , $175 B lm Digital $80B - i i ower Grids Grid Distribution Power Grids I Grid Transmission - Power Conv. & Storage ll Power Gen & mfg. +3%cack 2023 2030 Leading to Higher Exports for GE Vernova T&D India In BINR 30% 46% c
Slide 16: Strong Financial Performance
Strong Financial Performance In BINR In BINR In BINR 107.8 19.1% EBITDA % 42.9 57.9 “ ” 31.7 “ 277 a 8.2 10.1% 27.4 ed . cu . 3.7% o" 3.2 FY 2022-23 FY 2023-24 FY 2024-25 FY 2022-23 FY 2023-24 ~—- FY 2024-25 FY 2022-23 FY 2023-24 —- FY 2024-25 Secured Future growth with significant © 2025 GE Vernova
Slide 17: Strong Financial Performance: Cash Efficiency
Strong Financial Performance... cash Efficiency @ ce vernova Cash Generation In BINR 45S -0.9 FY 2022-23 FY 2023-24 8.3 FY 2024-25 | 12.2 BINR Cash Balance” | 1.3 BINR — Proposed Dividend for FY 2025-26 1.4 BINR - New LCC & VSC Valve Line, Engineering & Test Lab Expansion Capacity Expansion 1.1 BINR
Slide 18: Q1 FY26 results highlights
126.6 129.6 13.3 16.2 3.9 9.6 10.3 1.8 Q1'25 Q1'26 Mar'25 Jun'25 Q1'25 Q1'26 Q1'25 Q1'26
Slide 19: Way Forward: Future Growth Avenues
Way Forward....ruture Growth Avenues Target DC Networks Localization Expand Capacity Boost Service Grow Exports Innovation & Digitization © 2025 GE Vernova andjor its affiliates. Al rights reserved. HVDC, STATCOM STATCOM/HVDC Valves, Bushings, SF6 Components Enhance capacity and expand engineering b
Slide 20: Way Forward: Uniquely Positioned To Electrify And Decarbonize
Way Forwa rd....uniquely Positioned To Electrify And Decarbonize GE VERNOVA Safety as #1 priority Sustainable operations World class products and technology Strong execution capabilities Strong team + © 2025 GE Vernova and/or its affiliates. All rights reserved,
Slide 21: GE Vernova
GE VERNOVA