Presentation for the conference call

Ref No. 3386/26 30 October 2026 The Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai 400001 (Scrip code : 500245) Dear Sir / Madam, Subject : Presentation for the conference call Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of earlier communication vide letter No. 3381/26 dated 28 October 2026; this is to inform that the presentation to be discussed at the conference call has been enclosed herewith and also uploaded at the website of the Company viz. www.kirloskarferrous.com Please take the same on record. Thanking you, Yours faithfully, For Kirloskar Ferrous Industries Limited Mayuresh Gharpure Company Secretary Encl : a/a Kirloskar Ferrous Industries Limited A Kirloskar Group Company Registered Office : 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.com Website : www.kirloskarferrous.com CIN : L27101PN1991PLC063223 Presentation for Q2 FY 27 Investors Call 2nd November 2026 Disclaimer This presentation has been prepared solely for use at the investor/analyst presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. Previous year’s numbers in the presentation are restated post the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company. Integrated Iron & Steel KIRLOSKAR Pig Iron | Castings | Steel | Tubes FERROUS (₹ Cr) INDUSTRIES LTD. 2,047 10.9% Quarter & Year To Date Financial Q2 Revenue Q2 EBITDA Margin Highlights-Standalone 3,818 11.5% YTD Revenue YTD EBITDA Margin NSE: KIRLFER | BSE: 500245 Macro Environment & Business Context Sector tailwinds across KFIL's key end-user industries Macro Tailwinds — Key Sectors Demand environment across KFIL's primary end-user industries Market Demand RInepuft: CIonmtmeordnitaiels Market Report, Q1 FY27 • Iron Ore: Domestic supply ample, with NMDC output up strongly, • Domestic demand strong — Strong and sustained demand for castings NMDC pricing broadly stable • Tractors: Retail demand remains healthy, however wholesale growth is muted in view of a deficit monsoon • Coking Coal: Landed prices jumped sharply in September, then eased • Passenger Vehicles: Record quarter for wholesales, driven by SUVs and slightly but stayed volatile. Heavy import dependence keeps cost premiumization pressure on the blast-furnace route • Bearings & Industrial Machinery: Strong passenger and commercial • Policy & Infra: Infra capex expected to pick up in second half of the vehicle output. Strong pull for precision bearings and machinery year. Supportive actions towards duty safegurad - multi-year anti- • Alloy Steel: Production expanded strongly through the first half, driven by robust demand across the precision engineering and automotive dumping duty on low-ash met coke sectors • Rupee depreciation: Increased in imported coking coal prices Demand expected to stay healthy in the second half, backed by infra and construction activity Sources: SIAM; FADA; ICRA; ICEMA; Ministry of Steel; BigMint; NMDC; Kallanish; Business Standard. Financial and Operational Highlights Standalone & Consolidated — Q2 FY27 Standalone All amounts in INR Crores. Quarter ended Period Ended Year ended 30th September 30th September 30th September 30th September Particulars 2026 30th June 2026 2025 2026 2025 31st March 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Revenue from Operations 2,046.7 1,771.5 1,755.3 3,818.2 3,453.4 6,888.6 Other Income 19.3 17.4 4.4 36.8 12.9 62.4 Total income (1+2) 2,066.0 1,788.9 1,759.8 3,855.0 3,466.3 6,950.9 Expenses (a) Cost of Materials consumed 1,159.8 1,005.1 1,014.1 2,164.8 1,971.8 3,864.2 (b) Purchase of stock-in-trade - - 14.5 - 18.8 18.8 (c) Changes in inventories of finished goods, Stock-in - Trade and work-in-progress 20.8 (53.2) (59.4) (32.4) (27.1) 13.1 (d) Employee benefits expense 109.0 98.9 97.1 207.8 184.2 369.8 (e) Finance costs 34.0 29.5 32.6 63.5 66.6 125.4 (f) Depreciation and amortisation 70.6 69.3 66.4 139.8 130.5 266.9 (g) Other expenses 534.2 505.0 474.6 1,039.2 874.4 1,780.9 Total Expenses 1,928.2 1,654.5 1,639.9 3,582.8 3,219.2 6,439.1 Profit Before tax (before exceptional items) 137.8 134.4 119.9 272.2 247.1 511.8 Exceptional Items - 29.3 - 29.3 - 17.7 Profit Before tax (After exceptional items) 137.8 105.09 119.86 242.87 247.09 494.17 Profit After tax 97.6 82.3 88.5 179.9 324.0 504.7 EBITDA (excluding other income & before exceptional items) 223.0 215.7 214.4 438.7 431.3 841.8 5-Quarter Trend — Standalone Revenue (₹ Cr) | EBITDA % | PAT (₹ Cr) I Finance (₹ Cr) Revenue EBITDA Margin % PAT 235.5 12.8% 2,046.7 12.2% 12.4% 12.2% 1,755.3 1,817.2 1,771.5 11.5% 1,698.1 10.9% 1,618.0 125.7 97.6 88.5 82.3 55.0 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Finance Costs Material Costs % of Revenue Power Costs % of Revenue 58.6% 9.3% 34.0 34.0 57.1% 57.7% 8.7% 8.4% 32.6 8.0% 55.2% 7.7% 55.4% 53.7% 6.2% 29.9 29.5 28.8 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Sales Volume & Realisations — Standalone Sales Volume (MT) Sales Rs. Cr Product Q2 FY26 Q1 FY27 Q2 FY27 QoQ YoY Product Q2 FY26 Q1 FY27 Q2 FY27 QoQ YoY Pig Iron 484 546 581 6% 20% Pig Iron (MT) 1,30,431 1,28,737 1,34,940 5% 3% Castings 488 527 633 20% 30% Castings (MT) 39,980 41,345 47,888 16% 20% Steel 139 168 206 22% 48% Steel (MT) 19,916 22,633 26,606 18% 34% Tubes 565 475 568 19% 0% Tubes (MT) 49,588 41,512 48,547 17% -2% Others 79 55 59 7% -26% Realizations ₹/MT Q2 FY26 Q1 FY27 Q2 FY27 QoQ YoY Pig Iron 37,097 42,383 43,054 2% 16% Castings 1,22,003 1,27,535 1,32,192 4% 8% Steel 69,985 74,434 77,523 4% 11% Tubes 1,13,940 1,14,521 1,16,953 2% 3% YTD Update — Standalone Revenue (₹ Cr) | EBITDA % | PAT (₹ Cr) I Finance (₹ Cr) Revenue EBITDA Margin % PAT 14.2% 6,398.6 6,133.9 6,564.2 6,888.6 13.1% 12.2% 504.7 11.5% 11.5% 439.7 321.6 3,818.2 291.0 179.9 FY23 FY24 FY25 FY26 H1 FY27 FY23 FY24 FY25 FY26 H1 FY27 FY23 FY24 FY25 FY26 H1 FY27 Finance Costs Material Costs % of Revenue Power Costs % of Revenue 57.7% 8.8% 144.4 125.4 8.6% 120.1 56.8% 8.5% 56.6% 8.3% 95.0 55.9% 63.5 54.9% 7.7% FY23 FY24 FY25 FY26 H1 FY27 FY23 FY24 FY25 FY26 H1 FY27 FY23 FY24 FY25 FY26 H1 FY27 Consolidated All amounts in INR Crores. Quarter ended Period ended Year ended 30th September 30th September 30th September 30th September Particulars 2026 30th June 2026 2025 2026 2025 31st March 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Revenue from Operations 2,046.7 1,771.5 1,755.3 3,818.2 3,453.4 6,888.6 Other Income 19.3 17.4 4.4 36.8 12.9 62.4 Total income (1+2) 2,066.0 1,788.9 1,759.8 3,855.0 3,466.3 6,950.9 Expenses (a) Cost of Materials consumed 1,159.8 1,005.1 1,014.1 2,164.8 1,971.8 3,864.2 (b) Purchase of stock-in-trade - - 14.5 - 18.8 18.8 (c) Changes in inventories of finished goods, Stock-in - Trade and work-in-progress 20.8 (53.2) (59.4) (32.4) (27.1) 13.1 (d) Employee benefits expense 109.0 98.9 97.1 207.8 184.2 369.9 (e) Finance costs 34.0 29.5 32.6 63.5 66.6 125.4 (f) Depreciation and amortisation 70.6 69.3 66.4 139.8 130.5 266.9 (g) Other expenses 534.2 505.0 474.6 1,039.2 874.4 1,78 [Showing first 8,000 characters — download PDF for full document]