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PRESENTATION INVESTOR

DISCLAIMER The communication may contain statements relating to future business developments, company’s performance and economic performance that may constitute ‘forward looking statements’. While these forward looking statements represent the company’s judgments and future expectations, a number of factors could cause actual developments and results to differ materially from expectations. The company undertakes no obligation to publicly revise any forward-looking statements to reflect future events or circumstances. CUMI @ 2014 2

Murugappa Group An Overview CUMI @ 2014 3

MURUGAPPA GROUP INR 243 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business groups CUMI @ 2014 4

The Philosophy w e cherish The fundam ental principle of econom ic activity is that No m an you transact w ith w ill lose; then you shall not. CUMI @ 2014 5

Murugappa Group Today ~ INR 243 Billion Conglomerate One of the largest family promoted, professionally managed, diversified business Groups… CUMI @ 2014 6

7 CUMI @ 2014 The Spirit of the Murugappa Group

Corporate Social Responsibility AMM Foundation  1 % of PAT from Group companies to AMM Foundation  4 Schools, a polytechnic ; approximately 11,000 students  4 Hospitals - over 8,00,000 patients treated last year  Scholarships for needy meritorious Students  Research centre for technology for the rural & urban poor  The GROUP will meet new CSR norms CUMI @ 2014 8

Carborundum Universal 9 CUMI @ 2014

Birth Of CUMI • 1954 1954 Incorporated as a joint venture between Carborundum Company USA, Universal Grinding Wheel Company, UK and the Murugappa, UNIVERSAL CARBORUNDUM India UK USA • Acquired a coated abrasives facility from Ajax products Pvt Ltd • Bonded abrasives facility set up in Chennai India CUMI @ 2014 10

Business Portfolio PBIT Share CUMI – FY 14 Sales Share  Revenue :Rs. 20.9 bn  EBIT :Rs. 1.8 bn  Capital Employed :Rs. 19.9 bn Ceramics Electro-minerals Abrasives  Revenue : Rs 8.6bn  Revenue : Rs 4.7 bn  Revenue : Rs 8.1bn  EBIT : Rs 0.6 bn  EBIT : Rs 0.6 bn  EBIT : Rs 0.8bn  Capital Employed : Rs 6.1bn  Capital Employed : Rs 3.9 bn  Capital Employed : Rs 5.0 bn Super Refractories Industrial Ceramics Wear Resistance Heat and Corrosion Abrasion Electro Minerals Resistance Electro Resistivity CUMI @ 2014 11

CUMI Consolidated – Exports its products to 50 countries – Over 20000 varieties of Products – 30 manufacturing locations – 7 countries – Over 5000+employees – 2000+ outside India – Consolidated Gross Sales Rs 2206 cr (FY 13 ‐ 14 ) – Market Cap~ Rs. 3500 cr CUMI @ 2014 12

CUMI World Wide- By Business Verticals RUSSIA Abrasives Ceramics Electro minerals CHINA USA Abrasives Abrasives Ceramics THAILAND Abrasives S. AFRICA EUROPE UAE INDIA AUSTRALIA TRI Foskor Zirconia Abrasives Electro Minerals Electro Minerals Abrasives Abrasives Ceramics Electro minerals Ceramics Ceramics Electro minerals Abrasives l Ceramics l Electro Minerals CUMI @ 2014 13 Manufacturing Base Marketing & Distribution Base

OUR VISION/MISSION We will be an Admired Company in VISIO N VISIO N Abrasives & Technical Ceramics, driven by Innovation, to create Stakeholder Wealth. MISSIO N MISSIO N Become one of the largest Abrasives (including Super Abrasives) / Technical Ceramics in the Company in the World by 2020. CUMI @ 2014 14

15 CUMI @ 2014 ABRASIVES

ABRASIVES – Products & Application Bonded Products and other applications …. For Rough Grinding and Cutting applications:- General Engineering Fabrication Foundry and other applications …. Rolling Mills Projects Thin Wheels and other applications …. Coated Products CUMI @ 2014 16

ABRASIVES – Products & Application and other applications …. Wood working Metal working Construction Power Tools Rotary Tools Creep Feed grinding Cutting Tool industries Notch and Slot grinding and other applications …. Printing and Paper Roll grinding Tungsten Carbide Roll grinding Ceramic and Tile grinding Ceramic and Refractory grinding Wood Working Tools Glass Industry Super Abrasives Products CUMI @ 2014 17

ABRASIVES – Facilities Manufacturing Marketing & Distribution Thiruvottriyur, Chennai Hosur, Tamil Nadu Sriperumbudur, Chennai Uttarkhand CUMI Middle East India VAW, Russia CACCL, China Overseas Venlo Netherlands CUMI USA Wendt, India Wendt, Thailand/CME Sterling Abrasives, Gujarat Subs / JV’s CUMI @ 2014 18

ABRASIVES - Market & Strategy GLOBAL Market – 12.9 Billion $ India – $ 0.49 billion Product wise Region wise Current Standing Point • ~ 43,000 tones bonded abrasives capacity • • Our Sales in FY13-14 is $ 145 million ; Market Share ~ Coated abrasives capacity at 16 mil square meter. • 1-2% globally Super abrasives through Wendt India. • • In India, our share stands at 23-25%, highest being in Power Tools – CUMI Metabo • Bonded @ 38-40% Metal working Fluid – CIMCOOL, CUMI Lube • • Abrasive being a ‘LOCAL’ business. We are currently Leadership in Indian market, at a consolidated basis. • INDIA centric and our market share will go up only Leaders in Russian market in the Vitrified • through setting up production facilities in the target Leadership through Application Engineering • regions by way of organic/ inorganic route. Strong R&D team for new product development • Comprehensive systems solution provider CUMI @ 2014 19

ABRASIVES – Performance Rs. Mil Consolidated Net Sales - Annual -2.5% 6.3% +18.7% +26.7% +3.6% + 6.4% + 29% + 24.7% % sales in India 87% 83% 75% 70% 78% 74% 74% 74% 73% CUMI @ 2014 20

21 CUMI @ 2014 INDUSTRIAL CERAMICS

INDUSTRIAL CERAMICS Product Range Wear Protection IC Engineered Metallized Ceramics Ceramics CUMI @ 2014 22

INDUSTRIAL CERAMICS A ceramic is an inorganic, non metallic solid prepared by the action of heat and subsequent cooling. CUMI is into Alumina based Industrial ceramics. There are broadly three product categories, which CUMI is into – Wear Resistant products (Tiles) : These are weldable and pastable alumina ceramic tiles that can be bonded onto the surface to be protected from wear. They are used in industries where bulk material movement causes heavy wear of the equipment and thus these products are used to protect equipment from heavy abrasion and wear. – Lined Equipments - these are fabricated steel lined with ceramics as per customers' requirement. They are also used in industries for Wear and corrosion resistance application – Engineered Ceramics : These come in different types: - Ceramic Seals, Customized Ceramics, Insulators & Ignitors, Textile components and Zirconia components. – Metz Cylinders and Devices : They are used in industries for Electrical resistivity application. The products come in three different types:- – Metallized Ceramics for vacuum interrupters – Metallized Ceramics for electrical and electronic devices – Metallized ceramic brazed components CUMI @ 2014 23

INDUSTRIAL CERAMICS Applications  Power Generation  Coal Mill (Inner Cone, Multiport Outlet Valve, Mill Discharge Valve, Mill Inner Dia Lining, Orifices, Ventury Vanes)  Bends (Tranisitions & Y- Pieces)  Ash Handling (Bends & Slurry Pipes)  Cement Industry – Coal and Raw Mill Wear Resistant Products  Coal washeries and Material Handling  Pulverized Fuel Bends  Cement Industry Lined Equipment  Boiler industry  Textile industry  Pump Shaft Sleeves  Electronics  Pump plungers  Pump Cylinder Liners Engineering Ceramics  Electrical transmission and distribution  Medical Electronics  Electronics industry  Solid Oxide Fuel Cells  Textile machinery  Defense Metalized Products CUMI @ 2014 24

INDUSTRIAL CERAMICS Metz Plant CUMI @ 2014 25