BOROS II:

August 06, 2019

Borosil Glass Works Limited CIN : L99999MH1962PLC012538

Registered & Corporate Office : 1101, Crescenzo, G-Siock, Opp. MCA Club, Sandra Kurla Complex, Sandra (E), Mumbai- 400 051, India. T +91 22 6740 6300 W www.borosil.com

The DCS- CRD BSE Limited Corporate Relationship Department 1st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street,

National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G, Sandra Kurla Complex, Sandra (East), Mumbai- 400 051

Mumbai- 400 001

Dear Sir /Madam,

Scrip Code: 502219 Symbol: BOROSIL Series: EQ

Sub: Presentation on Company's performance for the quarter ended June 30, 2019

Enclosed presentation on Company's performance for the quarter ended June 30, 2019.

You are requested to take the same on record .

Thanking you.

Yours faithfully, ForB rosil Glass Works Limited

noj Dere General Manager- Secretarial

Encl: as above

1

Brand with a

. 50t· yea~ ··legd(Jy ::

, M_prket Leader in . . ·Mte·rowQvdble · ._, . .:· . Kitchenware 1n India (Consumer Products).

BOROS It:

Market Leader in La t>oratory ·

GIQssware in India (Scif!ntifib &:: lnd ustrial -Products)

2

SIP

- Labware

- Klasspack

Total SIP

Consumerware - BGWL

- Larah

Total Consumerware

154.3

41.7

196.0

203.1

146.9

350.0

34.7

10.3

45.0

37.4

23.5

60.8

39.5

10.2

49.7

52.0

27.4

79.3

~

~

~

13.6%

-0.4%

10.4%

39.1%

16.6%

30.4%

BOROSIL:

3

EBITDA from O~erations

- BGWL * 51..0 - Larah 26.7 - Klasspack 2.7 Total 80.3 EBITDA% 14.7%

PAT {Including Income from Investments} - BGWL - Larah

- Klasspack

Total

EBITDA as per Result

Add:

57.7 -3.3 -1..8 52.7

1.0.2 9.8 2.4 7.3 0.0 0 .8

12.6 17.9 11.9% 13.9%

1.1..9 1.4.6 -4.8 -0.6 -0 .9 -0 .3 6.2 13.6

a) Other income shown in the results includes operational in come as well (Interest on overdue Debtors, Loans, Deposits and export ince ntives etc.)

b) Other expenses includes expenses relate d to other income as well.

BOROS II:

-4.5% 205.5%

42.0%

22.6%

117.9%

6 .5

2.2

1..14

4

® \·

Consumer Products Division {CPD)

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·-I rs 440 10%

700 15% to 20%

500 20%

400 (incl. 15%

ceramicware)

9000 10% .....

- -

STEADY . GROWTH

CURRENT TAILWIND .

BOROS II:

8

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D.-Mart Home Stop fo• you• kind of ho""o

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Scientific & Industrial Products (51

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IBOROSlL ) (

1QO 1ml

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BOROS II:

The market leader in Laboratory Glassware

17

BOROS I~

• Beakers

BOROS II: Test Tubes

Conical Flasks \ . Product range \

• BoHies • BureHes

• Volumetric Flasks Petri Dishes

• PipeHes • Cylinders

• Condensers

~i - Desiccators

- • Round BoHom Flask

I

18

BOROS II:

The market leader in Laboratory Glassware

19

BOROS II:

20

BOROS II:

LAB 0 UEST BOROSIL

21

BOROS It:

The market leader in Laboratory Glassware

22

BOROS I~

BOROSIL <LASS PAC< --- pharntac~uttcal pa<kaging

Glass Ampoules Tubular Glass Vaals

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RANBAXY LABORATORIES LI MITED

6 qlenma~k r\ lh.'W w.ty fnr :• new world

'iP~ 1 7d TEVA PHARMACEUTICALS

BOROS II:

.§. LUPIN ilC PHARIUCEUTICAlS. INC.

Zydus dedica•r:llje

24

BOROS I~

25

Sales {INR Cr.}

Operating EBITDA (INR Cr.}

1 4

135

12

546

80

BOROS II:

26%

37%

26

General Trade

Modern Trade

BOROS II:

27

BOROS I~

28

®

Gujarat Borosil Ltd. I I

Revenue From Operations (Rs.ln Crore) 43.82

EBITDA (Rs.ln Crore) 3.67

Interest (Rs. In Crore) 2.45

Depreciation & Amortization (Rs.ln Crore) 4.26

Profit Before Tax (Rs.ln Crore) {3.04)

Profit After Tax (Rs.ln Crore) {2.09)

49.26 216.76

12.11 45.37

3.23 13.30

4.40 17.89

4.48 14.17

3.27 10.01

Growth

(QoQ) in %

BOROSIL:

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BOROS II:

BOROS II:

BOROS II:

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BOROS II:

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BOROSIL:

35

Borosil Glass Works Limited

• Upon merger, shareholders of Gujarat Borosil (GBL) will receive 1 BGWL share for 2 GBL shares held

• On demerger into Borosil Limited (BL) , shareholders of BGWL will receive 1 BL share for 1 BGWL share held.

• BGWL will be renamed Borosil Renewables Ltd.

Consequently: • Shareholder with 100 shares in BGWL today will own 100 shares in Borosil Limited and 100 shares in Borosil Renewables Ltd.

• Shareholder with 100 shares in GBL today will own 50 shares of Borosil Limited and 50 shares of Borosil Renewables Ltd.

BOROSIL:

36

BOROS II:

37

Borosil Glass Works Limited

• Eliminates related party transactions

- Vyline & BGWL, GBL & BGWL

• Significantly simplifies holding structure & eliminates cross holding

• Gives shareholders the choice to own the Borosil Ltd and/or Borosil Renewables Ltd. businesses independent of each other

-Currently BGWL shareholders indirectly own a part of GBL's business

• Vyline comes into the company fold

- EBITDA in FY19: 14.4 crore

• Rationalizes some administrative costs

BOROSIL®

38

BOROSIL®

39

BOROSIL®

"This investor presentation has been prepared by Borosil Glassworks Limited ("Borosil") on a strictly confidential basis. Certain statements in this presentation may be 1orward looking statements' within the meaning of applicable laws and regulations. These forward-looking statements reflect our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside our control. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward looking statements. Important developments that could affect the Company's operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. The Company 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. This presentation cannot be copied and disseminated in ony manner. No person is authorized to give any information or to make any representation not contained ;n and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of Borosil. This should not be construed as an offer to sell or the solicitation of an offer to buy any securities or fresh issuance of any securities of the Company"

BOROS II:

41

Thank you

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