Please find enclosed herewith the transcript of the Earning Call held on October 27, 2026 on the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026

J.K. Cement Limited ~ JKcement CIN: L17229UP1994PLC017199 Corporate Office o Prism Tower, Ninaniya Estate, Gwal Pahari, Gurugram, Haryana - 122102, \; +0124-6919000 !Zi corpcom@jkcement.com ~ www.jkcement.com JKCL/SE/2026-27/62 October 28,2026 BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai-400001 Bandra (E), Mumbai-400051 Through: BSE Listing Centre Through: NEAPS Scrip Code: 532644 Scrip Code: JKCEMENT Dear Sir/ Madam(s), Sub: Transcript of the Earnings Call on Unaudited Financial Results of J. K. Cement Limited (“the Company”) for the Second Quarter and Half Year ended on September 30, 2026 In continuation to our earlier letter JKCL/SE/2026-27/61 dated October 27, 2026 and pursuant to the Regulation 30 and Regulation 46(2)(oa) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find attached the transcript of the Earnings Call held on Tuesday, October 27, 2026 on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the Second Quarter and Half Year ended on September, 2026. The above information is also available on the website of the Company: https://www.jkcement.com/transcript-report/ We request you to kindly take the above information on record. Thanking you, Yours faithfully For J. K. Cement Limited Bhumika Sood Company Secretary & Compliance Officer M. No. ACS19326 ~ waiiawax JKSUper LRQ/\ Registered Office - cement - White Cement Based Putty CERTIFIED O Kamla Tower, Kanpur-208001, U.P., India BUILD STRONG \; +91-512-2371478 to 85 Manufacturing Units at: OOSSO0',5O0O0l1•·IS1SO0U5O00Q0l1 Nimbahera, Mangrol, Golan (Rajasthan) I Muddapur (Karnataka) 'i' +91-512-2399854 Jharli (Haryana) I Katni, Panna, Ujjain (M.P.) I Prayagraj, Aligarh, Hamirpur (U.P.) Balasinor (Gujarat) I Buxar (Bihar) I Fujairah (UAE) I Ampavali, Choudwar (Odisha) ., JKcemen PhillipCapital Your Pa1rtner llln Financ,e “JK Cement Limited Quarter and Half Year ended 30th September 2026 Earnings Conference Call” October 27, 2026 •~ JKcemen PhillipCapital Your Partner I1In Finance MANAGEMENT: MR. AJAY KUMAR SARAOGI – DEPUTY MANAGING DIRECTOR AND CHIEF FINANCIAL OFFICER – JK CEMENT LIMITED MR. PRASHANT SETH – PRESIDENT - BUSINESS INFORMATION AND INVESTOR RELATIONS – JK CEMENT LIMITED MODERATOR: MR. VAIBHAV AGARWAL – PHILLIPCAPITAL (INDIA) PRIVATE LIMITED Page 1 of 19 ~ JKcement PhillipCapital Your Partner In Finance JK Cement Limited October 27, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Earnings Call of JK Cement Limited for Quarter and Half Year ended 30th September 2026 hosted by PhillipCapital (India) Private Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Vaibhav Agarwal from PhillipCapital. Thank you, and over to you, sir. Vaibhav Agarwal: Yes. Thank you, Neerav. Good afternoon, everyone. On behalf of PhillipCapital (India) Private Limited, we welcome you to the Q2 and H1 FY27 call of JK Cement Limited. On the call, we have with us Mr. Ajay Kumar Saraogi, Deputy Managing Director and Chief Financial Officer; and Mr. Prashant Seth, President, Business Information and Investor Relations at JK Cement. I would like to mention on behalf of JK Cement and its management that certain statements that may be made or discussed on today's conference call may be forward-looking statements related to future developments and statements which are based on current management expectations. These statements are subject to a number of risks, uncertainties, and other important factors which may cause actual developments and results to differ materially from the statements made. JK Cement Limited and the management of the company assume no obligation to publicly update or alter these forward-looking statements based on this as a result of new information or future developments or otherwise. I will now hand over the floor to the management of JK Cement for their opening remarks, which will be followed by an interactive Q&A. Thank you, and over to you, sir. Ajay Kumar Saraogi: Thank you, Vaibhav. Good afternoon, and welcome to Q2 and the six months ended 30th September call. The Board of Directors met on 24th of October to review the company's performance for the quarter ended 30th September as well as the half year ended 30th September. The major highlights. The net sale during this quarter increased by 21% year-on-year to INR3,561 crores as compared to INR2,932 crores. However, as compared to previous quarter, it was down by 9%. Half year, it was higher by 21% at INR7,457 crores as compared to INR6,167 crores. This net -- the increase in net sale is primarily because of increase in the grey cement volumes. For the half year, the grey cement volumes have increased by 19% -- 19.38% at 11.3 million Page 2 of 19 ~ JKcement PhillipCapital Your Partner In Finance JK Cement Limited October 27, 2026 tons as compared to 9.49 million tons. Also, the white cement the volume has increased by 19% at 10.32 lakh tons in the six-month period as compared to 8.62 lakh tons in the previous year. The EBITDA standalone -- sorry, I read the consolidated numbers last time. The -- I would repeat again. The standalone financial results quarter-on-quarter had actually increased by 28% at INR3,516 crores as compared to INR2,754 crores. And for the half-year period, it is higher by 25% at INR7,301 crores as compared to INR5,823 crores. The EBITDA during this quarter was INR500 crores as compared to INR440 crores in the previous year and INR639 crores in the previous quarter. For the six-month period, it is higher by 2% at INR1,138 crores as compared to INR1,113 crores. The Board while reviewing this also noted that during this period, we have commissioned the wall putty plant at Nathdwara of 0.6 million tons. So that increases our total white cement and putty capacity to 3.65 million tons. And they reviewed the working of the projects, basically at Jaisalmer. So at the integrated site, the work is in advance stage and it is on schedule. And we are confident to commission the plant in first half of FY28. Similarly, at the grinding stations, at Bikaner, the work is also is progressing and we are confident of commissioning in the first half of FY28. The Bathinda, we have received the approvals, and the work should shortly start. And there also, I think within September -- we are targeting within September 2027, we should commission the plant. The Board also noted and approved the JK Maxx proposal, which was to put up a white cement -- a paint plant of 75,000 KL and with the overall cost of INR130 crores, which is within the overall limit sanctioned for the paint business of INR600 crores. So with this investment, we would be just submitting the overall investment in the paint business. And as the working with the paint business is already on course of break-even in this fiscal, we do not see that going forward there would be any further requirement of any investment in the paint business. So with this and the future investment can be made by the paint business on their own. As regards the balance sheet, the gross debt position as on 30th September is INR6,255 crores as compared to INR5,136 crores. The cash available as on 30th September is INR1,684 crores as compared to INR1,755 crores. The net debt is INR4,571 crores as compared to INR3,370 crores. The net debt to equity is 0.63 and net debt to EBITDA is 1.95. These are the major highlights. If you have any question, I'll now take up the questions and answers. Thank you. Moderator: T [Showing first 8,000 characters — download PDF for full document]