Investor presentation for quarter and half year ended September 30, 2026

Date: October 22, 2026 Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 531859 Sub.: Investor Presentation Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, With reference to the captioned subject, please find enclosed Investor Presentation with regard to the announcement of the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter & half year ended September 30, 2026 (“Financial Results”). The Investor Presentation is hosted on the website of the Company i.e. https://www.orientalrail.com/ You are requested to take the same on your record. Thanking you, Yours truly, FOR AND ON BEHALF OF ORIENTAL RAIL INFRASTRUCTURE LIMITED HEMALI RACHH COMPANY SECRETARY & COMPLIANCE OFFICER Encl.: a/a ORIENTAL RAIL INFRASTRUCTURE LIMITED A Technology Driven Company Investor Presentation Q2 & H1FY27 Disclaimer This presentation and the accompanying slides (the “Presentation”), has been prepared by ORIENTAL RAIL INFRASTRUCTURE LIMITED (the “Company”), 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 bCindinog cormmeitme ntC whaatsoepver. Nao ofbferinig olf isecturiitiees of sthe 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. 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. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. The Company and/or its affiliated companies and/or their respective employees and/or agents have no responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this presentation and any liability in respect of the presentation or any inaccuracy therein or omission therefrom which might otherwise arise is hereby expressly disclaimed. Table of Contents 01 02 03 04 Q2 & H1FY27 Company Industry Historical Highlights Overview Overview Financials Q2 & H1FY27 Highlights Management Commentary The Company delivered strong performance in Q2 & H1FY27, supported by improved order execution and healthy business volumes. EBITDA margins strengthened, driven by a favourable product mix, improved operating leverage and better cost absorption, reflecting our continued focus on operational efficiency. Momentum remains healthy across both our core businesses. OFPL recorded 41% YoY revenue growth in H1FY27, while strong order inflows in the Seats & Berths business are expected to support higher revenue recognition in H2FY27, in line with scheduled deliveries. Our robust order book of Rs 1,571 Cr (2.74x FY26 revenue) provides strong visibility for continued execution. Alongside strengthening our core operations, we are expanding our capabilities across the railway value chain through smart wagon technologies with HUM International, next-generation wagon development with United Wagon Company and coach refurbishment opportunities through ABOR Projects LLP. Our proposed wagon leasing business further supports our long-term diversification strategy. Looking ahead, we expect stronger execution across both business verticals, supporting continued revenue growth and improved profitability. With a healthy order pipeline and multiple growth opportunities, we remain focused on sustainable growth and long-term value creation. Growth Momentum Sustained, Earnings Accelerate Revenue EBITDA & Margin PAT & Margin (Rs Cr) (Rs Cr) & (%) (Rs Cr) & (%) 173  29% 16% 16%  29%  44% Q2FY27 YoY YoY YoY 8% 8% 9% 133 28 Performance  25% 22 21  33% 15  42% QoQ QoQ 11 11 QoQ Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 H1FY27 251 8%  23%  35% 7%  58% YoY YoY YoY Performance 36 H1FY26 H2FY27 H1FY26 H1FY27 H1FY26 H1FY27 Strong Core Business, Expanding Growth Horizons Key Updates H1FY27 Revenue Mix (%) • Strong Financial Performance Revenue, EBITDA and PAT recorded healthy growth across both quarterly and half-yearly periods, supported by improved order execution, favourable product mix and stronger operating leverage. • Strong Cash Generation & Financial Position Rs 310 Cr Cash flow from operations improved YoY to Rs 42 Cr in H1FY27, with cash and cash equivalents of Rs 115 Cr. Long-term debt 5% reduced further to Rs 16 Cr, reflecting an improving financial position. • OFPL – Strong Wagon Business Momentum OFPL reported 41% YoY revenue growth in H1FY27 to Rs 250 Cr, supported by improved order execution. Wagon production increased by 30% QoQ to approximately 390 wagons in Q2FY27, reflecting improving manufacturing throughput. Wagons Seats & Berths Rexine Others • ORIL – Strong Order Inflows in Seats & Berths ORIL secured multiple Seats & Berths orders during Q2FY27 and H1FY27. Given the longer-duration nature of these contracts, scheduled deliveries are expected to drive higher revenue recognition in H2FY27 compared to H1FY27. Order Book (Rs Cr) • Railway Coach Refurbishment – ABOR Projects LLP The recently formed JV, ABOR Projects LLP, is actively participating in railway coach refurbishment and turnkey project tenders, positioning the Company to benefit from emerging railway modernisation opportunities. • Next-Generation Wagons – United Wagon Company Rs 1,571 Cr OFPL entered into a Technology Development Agreement with VNICTT, the design and engineering centre of Russia-based 12% United Wagon Company, for developing a 25-tonne axle-load bogie and solid-bottom gondola car, including engineering design and testing support. Strong Business Momentum Healthy order inflows, improved execution and a robust order book, coupled with expanding business OFPL ORIL across OFPL & ORIL opportunities, provide strong revenue visibility and position the Company for sustained growth. *Order Book as on 21st October, 2026 Consolidated Profit & Loss Highlights Consolidated (Rs Cr) Q2FY27 Q2FY26 YoY (%) Q1FY27 QoQ (%) H1FY27 H1FY26 YoY(%) Revenue from Operations 172.5 133.4 29.3% 137.6 25.4% 310.1 251.3 23.4% Cost of Raw Materials 124.1 91.5 97.7 221.8 178.3 Employee Benefit Expenses 8.6 9.0 [Showing first 8,000 characters — download PDF for full document]