Copyright © 2013 Escorts Limited

Escorts Limited

June 2013

Page 2 Escorts Ltd.

Contents

Escorts Agri Machinery 7

Escorts Construction Equipments 8

Escorts Railway Products 9

Corporate Overview 3

Escorts Auto Products 10

Financial Highlights 12

Recent Developments 17

Page 3 Escorts Ltd.

Escorts Ltd

Escorts Ltd is one of India's leading engineering conglomerates

Over six decades of experience in engineering innovation

Strong focus on customer centric innovation

Presence across growth sectors of Agri-machinery, Construction & Material Handling Equipment, Railway Equipment

and Auto Components

Escorts Agri Machinery

(EAM)

EAM’s advanced agri-machinery &

crop solutions help enhance

agricultural productivity and add

value to a farmer’s life

Escorts Railway Products

(ERP)

ERP’s wide array of

railway products aids the

modernization of Indian Railways

Escorts Construction

Equipment

(ECE)

ECE’s vast range of construction &

material handling equipment

supports India’s infrastructure

growth

Escorts Auto

Products

(EAP)

EAP’s auto suspension products

leverage the high potential of the

auto component industry

Escorts Ltd

Page 4 Escorts Ltd.

Management Team

Board of Directors Rajan Nanda

CMD Chairman of Escorts Group

Active member of several apex trade and industry bodies and

member of CII National Council

Nikhil Nanda

JMD Alumnus of Wharton Business School, Philadelphia

Responsible for driving Escorts’ growth initiatives to strategically

position it in the global arena

Dr M.G.K.Menon

Director

A scientist of international

repute

Recipient of Padma Shri, Padma

Bhushan and Padma Vibhushan

Dr. S.A.Dave

Director

The first Chairman of

SEBI

Acting chairman of Centre for

Monitoring Indian Economy, Mumbai

Dr. P.S.Pritam

Director

Retired as Executive

Director of LIC India

Over 40 years of expertise in large

financial institutions

S.C.Bhargava

Director

Senior Fellow member

of ICAI

Worked as a Technical Advisory

Committee member for RBI

Hardeep Singh

Director

Chairman - Monitoring

committee on minimum

support price (Planning Commission) &

Food security Task force (CII)

Bu

sin

ess

Head

s

Co

rpo

rate

Head

s

G. B. Mathur EVP, Law & Company Secretary

GVR Murthy CEO, Escorts Construction Equipment

Lalit K Pahwa CEO, Escorts Auto Products

S Sridhar CEO, Escorts Agri Machinery

Ishan Mehta Executive VP – HR & ER

Dipankar Ghosh Business Head, Escorts Railway Products

35 years experience in secretariat & legal matters. Responsible for all

Company law related matters and is also the custodian of the shareholder

related matters at Escorts.

26 years of experience in engineering, automotive & manufacturing

32 years experience in aligning HR/ER strategies to business,

enhancing organizational effectiveness and work place improvement

30 years of experience in engineering, manufacturing & automation 22 years of experience in systems & process, manufacturing operations and engineering

32 years of experience across sectors such as construction, cement products and mineral processing

Page 5 Escorts Ltd.

Highlights

Headquarters Faridabad, Haryana, India

Initial public offering 1991 (BSE and NSE(India))

Workforce* ~ 9000

FY12 Earnings

Revenue INR Crore 4,049.5 (USD 736.3mn)

Net Profit INR Crore 73.8 (USD 13.4 mn)

Book Value Per Share 135.33

EV/EBIDTA 6X

H1 FY13 Earnings

Revenue INR 2,028.8 Crore (USD 368.8 mn)

Net Profit INR 65.6 Crore (USD 11.9 mn)

EPS 5.50

Market Share tractors 11.6% Escorts Ltd. follows October – September financial year

*Direct + Indirect workforce

1 USD = 55 INR

Page 6 Escorts Ltd.

Rs. 70.10

Rs. 853.5 Crs.

12.26 Crs. Shares Outstanding

Current Market Price

Current Market Cap

Stock Market Info.

As on 3.06.2013

Page 7 Escorts Ltd.

Escorts Agri Machinery (EAM)

Comprehensive range of

tractors with over 45

variants

Farmtrac (European Range)

Powertrac 25-50HP (Midsize, Efficient Range)

Farmtrac 34-65HP (Premium Range)

Four plants - Farmtrac, Powertrac, Component, Crankshaft & Hydraulic - covering manufacturing area of 134,000 sq.m., with

production capacity of 100,000 tractors p.a.

Poland plant, a 100% subsidiary, has an installed manufacturing capacity of 2,500 tractors p.a.

Leading Revolution in Agricultural Mechanization

A move from being a "Tractor Manufacturer" to a complete "Farm Solutions Provider"

An industry first,

Escorts’ ‘Jai Kisan Series’

tractors address the

differentiated needs of

the modern Indian

farmer

Valuemaxx For basic agricultural

purposes

Loadmaxx For heavy haulage &

commercial

applications

Supermaxx For all applications,

agriculture/ haulage

Inframaxx For infrastructure

based applications

Agmaxx For special PTO

operated agri

equipment

Page 8 Escorts Ltd.

Escorts Construction Equipment (ECE)

Escorts entered into the field of Material Handling Equipment in 1971 and introduced the concept of

Pick-n-Carry Hydraulic Mobile crane.

Material Handling

Equipment

Road Construction

Equipment

Earth Moving

Equipment

Utility

Equipment

Pick-n-Carry Cranes

Truck

Crane

Tower Crane

Vibratory soil

Compactor

Backhoe

Loader

Motor Grader

Telescopic

Handlers

Forklift Truck

Arial Work Platform

Crawler Crane

Tandem Compactor

Wheel Loader

Slew

Cranes

State-of-the-art manufacturing and assembly facility sprawling 250,000 sq.ft. of space, Capacity of 14,000 units p.a.

Page 9 Escorts Ltd.

Composite Material

Suspension Systems

Couplers Brake Systems

Escorts Railway Products (ERP)

With over 40 years of rich experience in manufacturing of critical railway systems, Escorts has played a

major role in the modernization of Indian Railways and is the market leader across all its product

offerings

Vestibule

Fire Retardant

Vestibule

Electro Pneumatic Brakes • CBB for Freight application

• CBB for Coaching application

• CBB for EMU application

• CBB for Loco application

• Disc Pads for LHB / Metro

Coaches

• Air Brake System -

Passenger - Conventional &

Axle Mounted

• Air Brake System - Freight

- Conventional & Bogie

Mounted

• Electro Pneumatic Brake

System -

EMU/MEMU/DEMU

• Pneumatic Brake System -

EMU- AC/AC

Dampers

• TV Type Shocker -

Conventional Coaches

• NTa Type Shockers – EMU

Coaches with Air Suspension

• Ta Type Dampers -

Conventional Locos

• Dampers for LHB

Coaches, ABB Locos, EMD

Loco, Self Propelled Cars

• AAR H Centre Buffer Coupler -

LHB / Main line Coaches

• Semi Permanent Coupler -

Schaku Type-

EMU/MEMU/DEMU

• Automatic Coupler - Kolkata

Metro

• AAR H Transition Coupler -

Locos – EMD/ALCO

AARH CBC

The manufacturing plant spread across an area of over 12,500 sq. meters, Houses superior production and testing facilities,

inclusive of a research and development centre; ISO 9001:2008

Page 10 Escorts Ltd.

Escorts Auto Products (EAP)

EAP pioneered the manufacturing of automotive shock absorbers in India and it continues to be one of

the leading manufacturers of auto suspension products

Shock Absorbers Two & Three Wheelers

Passenger cars

& utility

vehicles Commercial Vehicles

McPherson

Struts

Steering Components

Telescopic

Front

Forks

Railway & Defence

Dampers

Four Wheelers

Light

Commercial

Vehicles

Two & Three Wheelers

Plant spread across in an area of 2,25,000 sq.ft., Capacity to produce 3.2 million shock absorbers and struts

and 0.3 million front forks

Page 11 Escorts Ltd.

EAP Key Customers

Page 12

Financials Highlights

Page 13 Escorts Ltd.

Half Yearly Results Update

Particulars 6 Months Ended 6 Months Ended

March 31, 2013 March 31, 2012

Sales & Operating Income 2,028.8 2,056.7

Material Cost 1,467.7 1,512.3

Personnal Cost 224.9 210.6

Other Cost 229.1 252.3

EBIDTA 107.3 81.6

EBIDTA as a % to Sales 5.3% 4.0%

Other Income 24.7 28.4

Finance Cost 43.2 50.7

Exceptional Items 0.2 (1.2)

Depreciation & Amortization 26.1 23.2

PBT 62.5 37.4

PBT as a % to Sales 3.1% 1.8%

PAT 65.6 32.3

Page 14 Escorts Ltd.

Segment Performance

1,818.9 1,899.9

2,473.8

2,950.0 2,911.8

1,491.1 1,601.7

FY08 FY09 FY10 FY11 FY12 H1FY12 H1FY13

EAM Revenue

6.0%

8.0%

9.0%

6.4%

7.8%

6.8%

9.0%

FY08 FY09 FY10 FY11 FY12 H1FY12 H1FY13

EAM EBIT Margin

In Rs. Cr.

469.2

799.0 817.3 748.6

454.8

296.4

FY09 FY10* FY11 FY12 H1FY12 H1FY13

ECE Revenue

3.6%

3.0% 3.3%

0.2%

2.6%

-2.2%

FY09 FY10 FY11 FY12 H1FY12 H1FY13

ECE EBIT Margin

Page 15 Escorts Ltd.

Segment Performance

EAM 78.01%

ECE 14.43%

EAP 3.98%

ERP 3.57%

H1FY13 Revenue

EAM 73.67%

ECE 18.94%

EAP 3.62%

ERP 3.76%

FY12 Revenue

Page 16 Escorts Ltd.

Shareholding Pattern

As on 31st March 2013

Promoters, 41.98%

FII's, 13.02%

DII's, 3.86%

Body Corporates, 6.92%

Public & others, 34.22%

Page 17 Escorts Ltd.

Recent Developments

The New Farmtrac ‘Executive’ Series

• Tractors that are designed with help from a leading European engineering

company.

• The new Farmtrac Executive series tractors comes with new style,

improved operator ergonomics, and a host of world-class features.

Powertrac Diesel-Saver Plus

The new Diesel-Saver Plus series enhances power of the

current engines by about 10%, and at the same time reduces

their fuel consumption by 10%.

Page 18 Escorts Ltd.

Recent Developments Glamour & Sophistication to the “World of Tractors”

• Ferrari™ Orchard Tractor – a revolutionary new machine and a technology wonder, for the high value

Orchard Farmers.

• All four equal-sized wheels.

• Oscillating chassis system

• All-time 4 wheel-drive.

• Front-engine mounting for super-low turning radius and an ideal weight

distribution.

Backhoe Loader offering has been strengthened with few developments

- the extendible dipper developed for Digmax, which is a useful option

where reach requirement is high – such as ditch cleaning application in

Municipal Corporations etc.

The GPS based telematics have been incorporated in Digmax as option,

providing diagnostic assistance and help keep a tab on the key performance

parameters

Backhoe Loader

Page 19 Escorts Ltd.

Recent Developments

RT 40 Slew Crane

•40T Class – 4 wheel drive 4 Wheel Steer- Rough Terrain

Crane

• Ergonomically designed controls for smooth and precision

handling of loads

Haulage Tractor M 1000 Multi loader Safe Cranes

Page 20 Escorts Ltd.

Safe Harbor

Certain statements in this document may be forward-looking statements. Such

forward-looking statements are subject to certain risks and uncertainties like

regulatory changes, local political or economic developments, and many other

factors that could cause our actual results to differ materially from those

contemplated by the relevant forward-looking statements. Escorts Limited will not

be in any way responsible for any action taken based on such statements and

undertakes no obligation to publicly update these forward-looking statements to

reflect subsequent events or circumstances.

www.escortsgroup.com

Corporate Centre: 15/5, Mathura Road, Faridabad-121003, India

Tel: +91-129-2250222, Fax: +91-129-2250009

Email: investorrelation@escorts.co.in