Investor Presentation

JKLC:SECTL:SE:26 4th November 2026 1 BSE Ltd. 2 National Stock Exchange of India Ltd. Department of Corporate Services “Exchange Plaza” Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Through: BSE Listing Centre Through: NEAPS Security Code No. 500380 Symbol: JKLAKSHMI, Series: EQ Dear Sir/ Madam, Re: Investor’s Presentation - Q2-FY2027 - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is further to our letter dated 23rd October 2026 regarding intimation of Schedule of Conference/Earnings Call for quarter and half year ended 30th September 2026. We are now enclosing herewith Investor Presentation for Q2-FY2027. The Presentation is also being posted on the website of the Company at https://www.jklakshmicement.com/. Thanking you, Yours faithfully, For JK Lakshmi Cement Limited (Amit Chaurasia) Company Secretary Encl: a.a. Operational & Financial Performance Q2 FY27 Contents Economy & Industry Financial Overview Performance Business Snapshot Highlights Economy Industry Overview Economy & Industry Overview India: Resilient Growth Amid Global Headwinds Q1 FY27 GDP FY27 GDP (RBI) CPI, SEP 2026 REPO RATE 7.8% 7.1% 5.54% 5.50% 7.3% estimated for Q2 FY27 Raised from 6.7% in August Food 7.7% · WPI 11.4% +25 bp on 7 Oct; first hike since Feb 2023 What is supporting growth What to watch • Resilient domestic demand and stronger net exports in • Food-led inflation; rural CPI already at 6.08% • Rupee near ₹95/$; Brent crossed $115 in Oct’26 • Centre, state Capex up 16% YoY Apr’26- August’26 • “Calibrated tightening” raises borrowing costs for • India's GST collections show strong upward momentum housing and capex with growth of ~12% YoY in H1 FY27 India continues to stand out as a bright spot in the global economy and is demonstrating remarkable resilience despite an increasingly uncertain international backdrop. Indian Cement Industry: Snapshot H1 FY27 VOLUME FY27 DEMAND UTILISATION +8-9 % ~8 % ~70% Estimated at 9-10% for Q2 PCC at ~330 Kg ,significant ~710 MTPA base; 42–50 MT FY27 headroom estimated to be added in FY27 Demand support Margin pressure • Housing (60–65% of demand) and infra keep the base • Elevated energy prices strong • El Niño risk; weaker rural demand, higher inflation • Public capex momentum; GST cut aids affordable and tighter money housing India, the world’s 2nd largest cement producer, remains underpenetrated, with rising per-capita cement consumption driving significant growth potential Business Snapshot Business Snapshot Future Growth Grey Cement Capacity (MTPA) r t h n t r e s t l I n : P r c t e d 6 F Y ( P ) F Y ( P ) F Y ( P ) 8 P F 9 P F Expansion Projects: Durg Line II - Status Durg: Aerial View of the Project including Silo, Preheater Durg: Pre-Heater & CF Silo Foundation Durg: Packing Plant Expansion Projects: Madhubani - Status Madhubani: Multi compartment Silo Volume Growth (Sales Lac Tonnes) - Quarterly Q O Q - 1 7 % Y O Y 5 % 35.98 29.83 28.43 Q2 FY'26 Q1 FY'27 Q2 FY'27 Capacity Utilisation Total Annual Cement Capacity 18.0 MT QOQ -14% YOY -3% Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY 27 Sales Performance N o n a d e Direct Road Rail 7% Depot Key Levers Trade Sales Premium Product (%) Blended Cement 58% 27% 53% 65% 24% 64% Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY'26 Q1 FY'27 Q2 FY'27 Green Power Green Power (%) M W G n e r g y W i n d T P P JKLC – Captive Power (252 MW) Q2 FY'26 Q1 FY'27 Q2 FY'27 Financial Performance Financial Performance Revenue Growth - Quarterly Revenue – Rs. in Crore Sales Realisation Rs./MT QOQ -15% YOY 6% QOQ 1% YOY Flat 1905 1617 1532 4895 4843 4885 Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY'26 Q1 FY'27 Q2 FY'27 Cost Trend Fuel Cost ₹ / K.Cal. Lead Distance (Kms.) 1.82 1.65 1.54 Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY'26 Q1 FY'27 Q2 FY'27 Power Consumption Kwh/MT of Cement 72 72 Q2 FY'26 Q1 FY'27 Q2 FY'27 Profitability - Quarterly EBIDTA* - ₹ in Crore EBIDTA* - ₹ / Ton * EBIDTA ~ excluding Other Income 23 Q O Q - 4 0 % Y O Y - 2 6 % Q O Q - 2 8 % Y O Y - 2 9 % 208 732 719 154 517 Q2 FY'26 Q1 FY'27 Q2 FY'27 Q2 FY'26 Q1 FY'27 Q2 FY'27 Financial Statement - Quarterly ₹ in Crore S . N o . P r s Q 2 F Y , 6 1 1 . 6 Q 1 F Y 2 1 , 9 Q 2 F Y 2 1 , 5 % I n Debt Profile ₹ in Crore Gross Debt Cash Net Debt 2638 1225 2491 2027 1266 31.03.2026 30.09.2026 31.03.2026 30.09.2026 31.03.2026 30.09.2026 Debt Profile Net Debt/EBIDTA Net Debt/Equity 2.31 0.51 1.12 0.32 31.03.2026 30.09.2026 31.03.2026 30.09.2026 ESG Highlights ESG Highlights Sustainability Progress H1 FY 2026-27 Consolidated Performance * Green Water GHG intensity Low Carbon power mix Positive (KGCO2e/ton cementitious) Product 65% 49% 4.66x 1% YOY 2% YOY 2% YOY FY30 Goal: 7x Water FY30 Goal: 60% Green FY30 Goal:Reduction of FY30 Goal: 75% Blended Positive power 44.9% by 2036 Cement *Unaudited ESG Ratings & Global Membership Water B- 69.1 66 58 Climate C- Global Climate Alliances: • RE100 • SBTi • UNGC • GCCA Net-Zero 2070