General Updates

Behari Lal Engineering Ltd. Date: September 08, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange Phirozee Jeejeebhoy Towers, of India Limited Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001. Bandra (East), Mumbai – 400051 Scrip Code: 544870 Symbol: BLEL Dear Sir/Madam, Subject: Investor Presentation for Unaudited Financial Results for the quarter ended June 30, 2026 In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation for the Unaudited Financial Results for the quarter ended June 30, 2026. We request you to kindly take the above information on record. For Behari Lal Engineering Ltd Sanjeev Kumar Sehgal Company Secretary and Compliance Officer Membership No.: A68134 Corporate Office: Registered Office & Works Address Works Address Rolling Mill Division Email : cs@beharilalgrouP.com B-9, Surajmal Vihar, Vikas Marg Extn. Village Salani, Amloh Road, Village Turan, Amloh Road, Tel.:+ 01765-520694 New Delhi - 110092 Mandi Gobindgarh, Punjab -147301 Mandi Gobindgarh, Punjab -147301 +91 80549-98349 Behari Lal Engineering Limited INVESTOR PRESENTATION Q1 FY27 Quarter ended June 30, 2026 NSE: BLEL | BSE: 544870 SAFE HARBOUR This presentation and the accompanying slides (the "Presentation"), prepared by Behari Lal Engineering Limited (the "Company"), are intended solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis of or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward- looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the steel and engineering industry in India and worldwide, competition, the Company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Industry and market data in this Presentation (where marked) is derived from the industry report prepared by CRISIL Limited commissioned by the Company in connection with its initial public offering and has not been independently verified. Behari Lal Engineering Limited | Investor Presentation Q1 FY27 2 PRESENTATION ROADMAP Q1 FY27 PERFORMANCE HIGHLIGHTS First quarter as a listed company COMPANY OVERVIEW Integrated engineering across metal rolls, castings & alloy steel BUILDING SCALE & VALUE FY24 to FY26: mix upgrade driving margin expansion HISTORICAL FINANCIAL PERFORMANCE Three-year P&L, balance sheet and IPO capital allocation BEYOND FINANCIALS Governance, sustainability and recognition Behari Lal Engineering Limited | Investor Presentation Q1 FY27 3 Q1 FY27 PERFORMANCE HIGHLIGHTS First quarter as a listed company COMPANY OVERVIEW Integrated engineering across metal rolls, castings & alloy steel BUILDING SCALE & VALUE FY24 to FY26: mix upgrade driving margin expansion HISTORICAL FINANCIAL PERFORMANCE Three-year P&L, balance sheet and IPO capital allocation BEYOND FINANCIALS Governance, sustainability and recognition MESSAGE FROM THE WHOLE-TIME DIRECTOR Commenting on the results, Mr. Lovlish Garg, Whole-time Director, Behari Lal Engineering Limited, said: "Q1 FY27 marks our first quarter of reporting as a listed company. Revenue from operations for the quarter stood at Rs. 151.7 Cr, up 18.0% YoY and 15.6% sequentially, with sales volume of 22,095 MT (up 13.4% YoY). EBITDA of Rs. 29.7 Cr translated into an EBITDA margin of 19.6% (up 85 bps YoY), and PAT stood at Rs. 19.2 Cr, up 24.5% YoY, at a 12.7% margin. The share of high-value products (metal rolls, engineering castings and specialty alloy grades such as valve, tool and die steel) rose to 60.4% of revenue in the quarter, against 57.78% in FY26 and 55.7% in Q1 FY26, and EBITDA per MT rose to Rs. 13,457 against Rs. 11,495 in FY26. Demand remained robust across all our product lines, while raw material prices stayed largely range-bound through the quarter. Even amid global headwinds, India - and our sector in particular - has remained among the best-performing, supported by the Government's sustained focus on industrial growth and healthy end-user demand. Both capacity and demand are growing steadily across Mr. Lovlish Garg the sectors we serve, and we are a direct beneficiary of that growth. Whole-time Director Our IPO, which opened on August 12, 2026, received an overwhelming response with an overall subscription of 108.44x, and the shares listed on NSE and BSE on August 19, 2026. We are grateful for the trust placed in us and are committed to deploying the fresh issue proceeds of Rs. 93 Cr towards capacity and capability expansion at both our manufacturing facilities as planned. 13 years of experience in the steel industry; Bachelor of Arts and Post Graduate in Family Our order book stood at Rs. 162 Cr as of June 30, 2026, providing healthy revenue visibility. Looking ahead, we remain focused on Managed Business; fourth-generation improving our product mix, expanding our metal rolls share through import substitution and scaling exports, while maintaining a member of the promoter family leading a conservative balance sheet and creating sustainable long-term value for all our stakeholders." fourth-generation business Behari Lal Engineering Limited | Investor Presentation Q1 FY27 5 Q1 FY27: VOLUME-LED GROWTH WITH MARGIN EXPANSION Sales Volume (MT) Revenue (Rs. Cr) EBITDA (Rs. Cr) +13.4% +18.0% 18.75% +85 bps 19.60% +23.4% 22,095 151.7 19,482 128.5 29.7 24.1 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 PAT (Rs. Cr) EBITDA per MT (Rs.) High-Value Product Share (%) 12.00% +65 bps 12.65% +8.8% +463 bps +24.5% 13,457 60.4% 12,369 55.7% 19.2 15.4 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Behari Lal Engineering Limited | Investor Presentation Q1 FY27 6 VOLUME & UNIT ECONOMICS Q1 FY27 vs Q1 FY26 and Q4 FY26 Particulars Q1 FY26 Q4 FY26 Q1 FY27 YoY QoQ FY26 (full year) Sales Volume (MT) 19,482 22,538 22,095 13.4% -2.0% 88,152 Sales Volume - excl. job work (MT) 14,791 14,091 15,847 7.1% 12.5% 62,597 Revenue per MT - excl. job work (Rs.) 85,394 90,020 93,487 9.5% 3.9% - EBITDA per MT (Rs.) 12,369 13,556 13,457 8.8% -0.7% 11,495 Capacity Utilisation (%) - - 90.5% - - 87.7% High-Value Product Share (%) 55.7% 59.3% 60.4% +463 bps [Showing first 8,000 characters — download PDF for full document]