Analysts/Institutional Investor Meet/Con. Call Updates

VARMORA GRANITO LIMITED (Formerly known as Varmora Granito Private Limited) Registered Office: 8-A, National Highway, Dhuva, Taluka Wankaner, Morbi, Gujarat – 363641, India Email: cs@varmora.com | CIN: L26914GJ2003PLC043194 | Tel.: +91 - 9909913657 Date: October 20, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Bandra Kurla Corporate Relationship Department C omplex Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers, D alal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: VARMORA BSE Scrip Code: 544942 ISIN: INE0M5301040 ISIN: INE0M5301040 Subject: Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Presentation on operational and financial performance for Q1 FY 2026-27, Q2 FY 2026-27 & H1 FY 2026-27. Dear Sir/Madam, The presentation on the operational and financial performance for Q1 FY 2026-27, Q2 FY 2026-27 & H1 FY 2026-27, to be made on Friday, October 23, 2026 at the analyst meet, is attached and also available on the website of the Company i.e. www.varmora.com For and on behalf of Varmora Granito Limited Bhavesh Vallabhdas Varmora Managing Director DIN: 02718600 Encl: As above H1 FY27 Earnings Presentation 20 October 2026 Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Varmora Granito Ltd. (the “Company”), have been prepared 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 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 containingdetailedinformationabouttheCompany. 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 isexpresslyexcluded. Certain matters discussed in this presentation may contain certain forward-looking statements concerning the Company’s future business prospects and business profitability. Such forward-looking statements are not guarantees of future performance and are subject to a number ofrisks and uncertainties that are difficult to predict. These risks and uncertainties include, but are not limited to, the Company’s ability to manage growth, the fluctuations in earnings, competition (both domestic and international),economicgrowthinIndiaandabroad,abilitytoattract and retain highly skilled professionals, time and cost overruns on contracts, the Company’s ability to manage its international operations, Government policies, and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statementsmadefromtimetotimebyoronbehalfoftheCompany. © Varmora Granito Ltd. (Varmora, the “Company”). Reproduction and distribution of thispresentationwithoutthepermissionofVarmoraGranitoLtdisprohibited. Chairman's Message Performance –H1 FY27 In H1FY27, The Company (excluding Simola), registered revenue from operations growth of 11.5% YoY led bydomestic growth of more than 20% YoY, reflecting sustained growth in its core domestic operations despite adverse geopolitical headwinds leading to limited availability of fuel. Additionally, the Company’s reported EBITDA grew by 17% YoY and reported PAT increasedby 5.98x YoY.The Company divested Simolain H1FY27 Varmora has continued toprogress on our strategic priorities in H1FY27:Expansion intoEast and Northeast Indiaandproductinnovation & premiumization KeyBusiness Updates 1. Commencement of Production and Sales at Allemby Ceramics Private Limited – Our new state of the art manufacturing facility at Tezpur, Assam: First major tile manufacturing unit in Northeast India and is expected to strengthen the Company’s market position in Northeast. It was inaugurated by the Chief Minister of Assam, Shri. Himanta BiswaSarma 2. Solaris Unit – Planned Upgrade to GVT Manufacturing: The Company discontinued ceramic tile manufacturing operations at its Solaris unit. The facility is planned to be upgraded to manufacture Glazed Vitrified Tiles (GVT), in line with the Company’s strategic focus on innovating and upgradingits product portfolio 3. Divestment of Simola Tiles LLP (“Simola”): The Company divested its stake in Simola, a subsidiary. The divestment is aligned with the Company’s strategic focus on its core product portfolio Our Management Mr. Bhavesh Varmora Chairman & Managing Director Mr. Amit Doshi Chief Strategy Officer Mr. Bhavesh Koshti Chief Financial Officer Financial Highlights H1 FY27 Financial Performance Highlights 1,013 17% 537 498% 7,142 3.3% mn | mn | EBITDA4| YoYGrowth PAT2 | YoY Growth Revenue1 | YoY Growth 14.0% EBITDAMargin4 7.4% PATMargin2 5,507 9% 80% 30% GVT Revenue |YoY Growth Share of Manufactured Revenue EBO Revenue Contribution3 GVT & Tech Products Rev Cont. – 87% Notes: 1. Refers to revenue from operations. 2. PATmarginpercentage calculatedfromPATincludingnon-controllinginterest 3. Exclusive Brand Outlet (EBO) revenue contribution is calculated based on total domestic tile revenue 4. EBITDA –Earning before Interest, tax, depreciation & amortization is calculated as profit before share of profit of associates & joint venture and tax plus finance cost and depreciation & amortization expenses Q2 FY27 Financial Performance Highlights 683 19% 440 206% 3,990 9% mn | mn | EBITDA4| YoYGrowth PAT2 | YoY Growth Revenue1 | YoY Growth 16.9% EBITDAMargin4 10.9% PATMargin2 2,982 12% 79% 30% GVT Revenue |YoY Growth Share of Manufactured Revenue EBO Revenue Contribution3 GVT & Tech Products Rev Cont. – 84% Notes: 1. Refers to revenue from operations. 2. PATmarginpercentage calculatedfromPATincludingnon-controllinginterest 3. Exclusive Brand Outlet (EBO) revenue contribution is calculated based on total domestic tile revenue 4. EBITDA –Earning before Interest, tax, depreciation & amortization is calculated as profit before share of profit of associate &joint venture and tax plus finance cost and depreciation & amortization expenses 77 Q2 & H1 FY27 Financial Update H1 FY27 Financials Production Volume Sales Volume 1Revenue by Segment 1Revenue by Geography (in msm) (in msm) (in ₹mn) (in ₹mn) (18%) (15%) 3% 3% 15.8 17.6 6,915 7,142 6,915 7,142 Simola & Solaris Prod. 3.1 12.9 Simola 1.5 15.0 109 607 102 632 Exp 1,519 (18%) 1,245 2% (7%) Adhesive Bathware 12.7 16.1 6,199 6,408 Tile Dom 5,396 9% 5,897 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 o Geopolitical conflicts disrupted the o Slowdown in exports due to non- o Overall Tile business grew by 3% o Strongdomesticmarketgrowth(key availability of fuel, resulting in plant availability/highercostoffreight. (Dom- 12%); BW business grew by businesspriority). shutdownduringApril2026. 4%. o Company divested its subsidiary, o Simola divestment impacted SimoladuringH1FY27. revenueby~₹520mn. o Varmora Standalone business grew o Solaris plant, which previously by11%YoY. manufactured ceramic products, shut down. Plan to convert the facilityintoaGVTunit. Notes: 1. Refers to revenue from operations H1 FY27 Financials Numbersin₹mn EBITDA PBT 1PAT 17% 367% 498% 1,013 653 537 12.0% 14.0% 1.9% 9.0% 1.2% 7.4% H1 FY26 H1 FY27 H1 FY2 [Showing first 8,000 characters — download PDF for full document]