Investor Presentation

RAMKRISHNA FORGINGS LIMITED Date: 30 October 2026 National Stock Exchange of India Limited ~ BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street Mumbai 400 051 Mumbai 400 001 Symbol: RKFORGE Scrip Code: 532527 Dear Sir/ Madam, Sub: Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Q2 & H1 FY 2026-27 Investors Presentation Please find enclosed copy of the Q2 & H1 FY 2026-27 Investors / Earnings Presentation of the Company for the quarter and half year ended 30 September 2026. Copy of the same is being also made available on the website of the Company at www.ramkrishnaforgings.com. Request you to take the above information on record. Thanking you. Yours faithfully, For RamKrishna Forgings Limited Rajesh Mundra Company Secretary& Complial ACS12991 Encl.: As above REGISTERED & CORPORATE OFFIC! 23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA PHONE: {+91 33) 7122 0900, ERAIL: info@remkrishnaforgis com, WEB: www.ramkrishraforgi Forging the next frontier Investor Presentation – Q2 & H1 FY27 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ramkrishna Forgings Limited (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 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 industry in India and world-wide, 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 cashflows, 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. 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. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness Q2 & H1 FY27 Financial Overview About Ramkrishna Forgings Our Commitment Q2 & H1 FY27 Financial Overview MD’s Insights and Reflections “Against the backdrop of continued pressure in the global economic environment, we are pleased to report a solid performance this quarter. We have reported consolidated revenues of Rs. 1,405 crore in Q2 FY27, an increase of 55% YoY, accompanied by improved profitability and a stronger balance sheet. New contracts worth Rs.673 crore in Q2 FY27 across the various segments have further strengthened our order book and growth visibility. We are encouraged by the progress made during the first half of FY27, building on the recovery seen over recent quarters. Strong domestic demand, improving business in international markets and a focus on operational efficiency have supported this performance. Our investments in capacity expansion, new capabilities and a wider product portfolio are contributing to more sustainable and balanced growth. While global trade policies, geopolitical developments and supply chain uncertainties continue to create challenges, our diversified operations and longstanding customer relationships help us navigate this environment. We remain excited by the opportunities across commercial vehicles, passenger vehicles, railways and industrial applications, both in India and overseas. Our priorities are to achieve higher capacity utilisation, improve efficiencies and increase profitability from investments made over the past few years. We are making progress in scaling up casting and aluminium forging operations, while our Mexico facility strengthens our presence closer to international customers. Expansion in Railways, passenger vehicles and higher value-added products will further support growth. Looking ahead, we remain confident about our long-term prospects. With a strong order MR. NARESH JALAN pipeline and a more diversified business, we remain focused on sustaining growth momentum, improving cash flows, strengthening our balance sheet and enhancing return on capital, while creating long-term value for all stakeholders.” Key Performance Indicators (Standalone) Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)# Y-O-Y 56.7% Y-O-Y 99.1% Q-O-Q 14.4% Q-O-Q 11.1% Q-O-Q 28.4% 1,255 92 1,097 801 193 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 13.5% 17.6% 17.1% 0.1% 6.5% 7.3% 35.4% 68.2% 446.4% 2,352 1,737 163 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 14.0% 17.3% 1.7% 6.9% *Excluding Other Income; Note: Rounded off to the nearest whole number. # PBT is before exceptional Items Key Performance Indicators (Consolidated) Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)# Y-O-Y 54.9% Y-O-Y 109.1% Q-O-Q 15.5% Q-O-Q 17.3% Q-O-Q 47.1% 1,405 1,217 256 96 908 65 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 13.5% 18.0% 18.2% NM 5.4% 6.8% 36.4% 75.1% 770.0% 2,622 161 1,923 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 14.1% 18.1% 1.0% 6.2% *Excluding Other Income; Note: Rounded off to the nearest whole number. # PBT and PBT Margin is before exceptional Items, Volumes and Realisation Volume (tons) Forgings Realisation (₹ Lac/ton) k Y-O-Y 34.8% M 1,00,116 tro 53,104 83,580 p 47,012 E 30,686 39,409 16,056 26,003 14,630 2.42 2.52 2.47 s 12,646 2.19 2.29 M 32,382 37,048 57,577 69,430 c its 26,763 1.78 2.13 2.08 1.81 2.11 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Castings Volume (tons) Realisation (₹ Lac/ton) Y-O-Y 126.5% 11,583 20,176 1.27 1.31 1.33 1.29 1.32 te 8,593 c its 5,113 9,763 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Revenue Breakup Total Revenue Breakup (₹ Crores) Total Revenue Breakup (₹ Crores) Particulars Q2 FY27 Q2 FY26 YoY Q1 FY27 QoQ Particulars H1 FY27 H1 FY26 YoY Domestic 821.57 516.42 59.1% 735.07 11.8% Domestic 1,556.64 1,127.36 38.1% Export 424.52 277.97 52.7% 353.87 20.0% Export 778.39 5,96.72 30.4% Other Income & Export Other Income & Export 16.71 14.54 14.9% 12.74 31.2% 29.45 25.96 13.4% Incentive Incent [Showing first 8,000 characters — download PDF for full document]