MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

New Technologies Battey pack with Lean Module technology, leveraging multipleemerging technologies, including EVs, Electric Power Train for Tractor, connected applications for Tractors, Connected LED Tail-Lamps, Aluminum Battery frame with Colt metal transfer welding technology, Printed GPS Antenna (on Glass), LFP Blade cell for High voltage Battery application Cumulative Patents Granted as of F24 (nos.) 1,185 RISE TO CREATE VALUE 35 OUTPUT INPUT-OUTPUT MODEL FINANCIAL CAPITAL Total Segment Capital Employed (J Cr) Gross Debt to Equity Ratio Net Capital Expenditure (J Cr) MRV-led R&D centres, Pininfarina, MANA, M.A.D.E., MIDS, MAM, Sampo Rosenlew Steel, Iron, Rubber, Glass, Aluminium, Copper, etc. 36,580 0.03 4,833 MANUFACTURED CAPITAL Number of Plants in India Material Cost (J Cr) Key Raw Materials 23 74,006 INTELLECTUAL CAPITAL R&D Nodes Patents Applied (nos.) Patents Granted (nos.) Design Registrations Granted (nos.) 193 674 115 FINANCIAL CAPITAL Income from operations (J Cr.) EBITDA (J Cr.) Net profit (before EI) (J Cr.) Dividend from group companies (J Cr.) 1,01,219 15,122 10,718 1,860 MANUFACTURED CAPITAL Total Automotive Vehicles Sold (nos.) Ÿ Passenger Vehicles (nos.) Ÿ Commercial Vehicles (nos.) Ÿ ree-Wheelers (nos.) Ÿ Automotive Exports (nos.) Total Tractors Sold (nos.)* 8,24,939 4,59,877 2,62,810 77,589 24,663 3,78,386 INTELLECTUAL CAPITAL New Products Launched Auto: new global Pik Up, Bolero Neo+ Ambulance, ar E, Supro Profit Truck Excel series, Jeeto strong, ‘Scorpio-N Z8 Select, Bolero MaXX Pik-UpFarm: OJA series, CNG mono fuel tractor on its Yuvo tractor platform, Swaraj 855 FE, 744 FE tractors, Swaraj 8200 Wheel Harvester, a new Compact Light Weight tractor range ‘Swaraj Target’ INPUT Human Resources | Accounts | Finance & Compliance | IT | Customer Safety, Health & Environment | Corporate Communications | Mark GOVERNANCE | MISSION, VISION, VALUES, CO Key Aspects Stakeholder Engagement Risks and Opportunit New Features, Technologies, Upgrades and Variants R&D, Design and Development Testing, Proof of Concept and Finalisations Raw Materials and Other Input Procurement Manufac Assemb Final Pro Business Model showing Principal Activities Support F

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