Analysts/Institutional Investor Meet/Con. Call Updates

October 31, 2026 का(cid:467)तक(cid:91) – श(cid:200)ु ल प(cid:162), ष(cid:231)ठ(cid:548) (cid:874)व(cid:272)म स(cid:224)वत २०८३ National Stock Exchange of India BSE Limited Limited Corporate Relationship Department, “Exchange Plaza” 1st Floor, New Trading Ring, Rotunda Building, P.J. Bandra – Kurla Complex, Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mumbai – 400 001 NSE Code: GHCL BSE Code: 500171 Dear Sir/Madam, Subject: Investors’ Presentation – Q2FY27 Business Update As informed on October 16, 2026 that a conference call to discuss the Q2FY27 results of the company with Mr. R S Jalan, Managing Director and Mr. Raman Chopra, CFO & Executive Director (Finance) is scheduled to be held on Monday, November 2, 2026 at 3.00 PM (IST). In this regard, copy of the financial and other business details for Q2FY27 (i.e. Business Update), which is going to be circulated for the scheduled investors’ conference, is enclosed herewith for your reference & record. Please note that copy of this intimation is also available on the website of the Company (www.ghcl.co.in ). You are requested to kindly take note of the same. Thanking you Yours truly For GHCL Limited Bhuwneshwar Prasad Mishra Vice President - Sustainability & Company Secretary (Membership No.: FCS 5330) B-38, GHCL House, Institutional Area, Sector- 1, Naida, (U.P.) - 201301, India. Ph.: +91-120-2535335, 4939900, Fax: +91-120- 2535209 CIN: L24100GJ1983PLC006513, E-mail: secretarial@ghcl.co.in, ghclinfo@ghcl.co.in , Website: www.ghcl.co.in Regd. Office: GHCL House, Opp. Punjabi Hall, Near Navrangpura Bus Stand, Navrangpura, Ahmedabad, Gujarat - 380009, India GHCL LIMITED October 2026 Q2 & H1 FY27 Investor Presentation Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by GHCL Limited (the “Company” or “GHCL”), 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 cash flows, 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. Table of Contents 1 Performance Overview 2 Industry Overview 3 Company Overview Leading the way: Integrated, Efficient & Growing India projected to be one of the fastest Domestic Soda Ash demand to growing major economies in the world; remain healthy in medium to GDP forecast of 6%+ in the next few years long term Sector-leading Best-in-class operational manufacturing excellence efficiencies Unique customer Scripting next phase servicing of growth Leading soda ash player focused on India's growth market. Performance Overview Insights from the management “During the second quarter of FY27, the global soda ash industry continued to face pricing pressure, with realisations remaining soft amid ongoing global oversupply, a trend likely to persist over the next few quarters. While global oversupply and steady import pressure kept near-term realisations soft, our low-cost positioning, disciplined operational efficiencies and structural cost management enabled us to remain resilient through the quarter. We continue to strengthen our strategic diversification and backward integration. During the quarter, we successfully commenced commercial production of Vacuum Salt, powered by waste heat recovered from our soda ash operations. Subsequent to the close of the quarter, we commenced commercial production of Bromine, marking yet another milestone in our diversification journey. Looking ahead, our strategic focus remains firmly on operational excellence, optimizing our newly Mr. R. S. Jalan commissioned Vacuum Salt and Bromine capacities, and advancing our long-term greenfield Managing Director expansion plans. Backed by best-in-class operations, resilient domestic demand and a strong balance sheet, we remain confident in our ability to navigate near-term cyclicality and deliver sustainable, long-term value to all stakeholders.” Performance highlights – Q2 & H1 FY27 Revenue EBITDA PAT* Cash Profit* Q2 FY27 821 202 127 156 Y-o-Y 11% 16% 19% 16% % Change Q-o-Q 3% -13% -16% -12% % Change H1 FY27 1,619 435 278 334 Y-o-Y 4% 9% 10% 9% % Change (Rs. In Crore) *after adjusting the exceptional gain of 40cr, net of taxes, in Q1FY27 arising from one time settlement done by ESOS trust Key performance trends Quarterly Performance Trends 29.1% 23.7% 22.7% 23.9% 24.7% 739 773 808 798 821 175 175 194 233 202 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Revenue EBITDA EBITDA margin (Rs. In Crore) Performance trends: ⚫ Realisations improved marginally YoY, supported by partial pass-through of higher raw material costs, however experienced typical monsoon-led seasonal softness. ⚫ Margins moderated QoQ as the benefit of lower-cost inventory tapered and energy and raw material costs rose amid geopolitical volatility. ⚫ We continue to maintain operating resilience through strict cost discipline, structural efficiencies and progress on Vacuum Salt and Bromine. Profit & loss statement (Rs. In Crore) Q2 FY27 Q2 FY26 Y-o-Y Q1FY27 Q-o-Q H1 FY27 H1 FY26 Y-o-Y Revenue 821 739 11% 798 3% 1,619 1,562 4% Operating Expenses 619 564 10% 565 9% 1,184 1,163 2% EBITDA 202 175 16% 233 -13% 435 399 9% EBITDA Margins 24.7% 23.7% 100bps 29.1% -450bps 26.9% 25.6% 130bps Depreciation 29 28 4% 27 6% 56 55 2% EBIT 174 147 18% 205 -15% 379 345 10% Interest 2 2 -28% 2 -2% 3 5 -32% PBT before exceptional item 172 145 19% 204 -16% 376 340 11% Exceptional Loss/(Gain) - - - -54 - -54 - - PBT after exceptional item 172 145 19% 258 -33% 430 340 26% Tax 45 38 19% 66 -32% 111 88 26% Profit After Tax 127 107 19% 191 -33% 319 252 26% Adjusted Profit After Tax* 127 107 19% 151 -16% 278 252 10% *Exceptional gain of 54cr (40cr net of taxes) in Q1FY27 arising from one time settlement done by ESOS trust Balance Sheet statement (Rs. In Crore) Mar-26 [Showing first 8,000 characters — download PDF for full document]