Investor Presentation for the Analyst/Investor Meet to be held on 06.11.2026

Date: 05-11-2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited The Calcutta Stock Exchange Limited Phiroze Jeejeebhoy Towers Lyons Range, Dalal Street, Mumbai- 400001 Kolkata – 700 001 Scrip Code: 542669 Scrip Code: 12141- CSE SYMBOL: BMW Dear Sir / Madam, SUBJECT: INVESTOR PRESENTATION Please find enclosed herewith the Investor Presentation on the Unaudited Standalone and Consolidated Financial Results for the Second Quarter and Half Year ended September 30, 2026. The above information is being uploaded on the website of the Company at www.bmwil.co.in. You are requested to take the aforesaid information on your record. Yours faithfully, For BMW INDUSTRIES LIMITED Neha Jain Company Secretary & Compliance Officer Membership No.: A29956 Encl: As Above BMW Industries Limited Q2 FY27 Investor Presentation Inside this Presentation 01 02 03 COMPANY PROCESS VALUE PRODUCT PORTFOLIO SNAPSHOT CHAIN & OFFERINGS 04 05 KEY INVESTMENT ESG THESIS CONSIDERATIONS BMW Industries Limited ▪ BMWIL operates in the downstream value-added steel products segment, building on its legacy conversion business while expanding into higher value-added offerings such as Colour-Coated and Alloy-coated steel products ▪ Legacy Conversion Business o Core offerings: HRPO, CR, Pipes & Tubes, TMT o Conversion-driven economics: Stable processing spreads with limited raw material risk o Broad end-user linkage: Infra, construction, engineering o Established distribution and customer stickiness enabling long term contracts ▪ Bokaro Expansion o Core offerings: Galvanized, Galvalume, ZAM, Colour-Coated Coils o Premium product mix: Higher value-addition and margin accretion o Strategic adjacency: Proximity to major raw material suppliers leading to RM security and logistics efficiency ₹ 34,750 ₹ 6,850 ₹ 4,074 10.0% o Scalable platform aligned to rising demand for Value Added/ Coated steel/products H1 FY27 Revenue H1 FY27 Op. EBITDA H1 FY27 PAT2 H1 FY27 ROE 3,4 ▪ Integrated Value Chain Advantage (Lakhs) (Lakhs) (Lakhs) (%) o Seamless forward integration: HR/CR → downstream coated products o Operating leverage: Shared infrastructure, utilities, and logistics backbone 40 19.7% 10.9% 9.7% o Blended margin architecture combining a legacy, price-resilient base business with a high-margin overlay Years’ Legacy H1 FY27 Op. EBITDA1 H1 FY27 PAT2 H1 FY27 ROCE 3 o Risk-mitigated portfolio: Product and end-use customer diversification (%) (%) (%) Note: 1.Operating EBITDA Margins calculated on Operating Income; 2. PAT attributable to the owners of the company; 3. Annualized; 4: ROE excludes Non-Controlling Interest Key Milestones Commenced Steel Service Commissioned a coil-to-coil Commenced CGL Commissioned High-Speed Greenfield steel facility in Center in Jamshedpur and pickling line at Complex including Tube Mills with a view to Bokaro (₹803 crore), under Jamshedpur Business Relationship with continuous expanding capacity from PLI 1.1 with MoU signed in galvanizing line at 200K to 700K by FY26 TATA Steel March Jamshedpur 1992 2007 2013 2023 2025 1981 2000 2008 2015 2024 2026 BMWIL Incorporated Joint Venture withSAIL for CommissionedTMT Increased offerings to include Commissioned Rooftop Strategic partnership with IOCL steel Service Center, first plant Rolling Mill at Calcutta Logistics Solutions, Solar Plant for in-house for PNG Formation ofSteel at Bokaro commissioned in Positioned as end-to-end consumption Service Center 2002 Service to customers Total Commissioned Capacity of Tubes at 7,32,000 TPA Commissioned Phase 1 of Colour Coating Line at Bokaro Steel Plant BMWIL’s Process Value Chain VERTICAL FACILITY PROCUREMENT PROCESS & FINISHED PRODUCTS BILLETS FROM ROLLING MILL TMT BARS CUSTOMER Legacy/ HR COILS FROM PICKLING & CGL COLD ROLLING CR COILS GI COATED COILS CUSTOMER TRIMMING Conversion Business GI COATED PIPES GC HRPO COILS FHCR COILS & TUBES SHEETS HR/ CR COILS MS / CR PIPES & TUBES SLITTING FROM CUSTOMER PIPES & TUBES Bokaro/ HR COILS FROM PICKLING & COLD ROLLING ALLOY COATING COLOUR COATING MARKET TRIMMING DOWNSTREAM Proprietary STEEL COMPLEX Business ALLOY COATED COLOUR COATED HRPO COILS FHCR COILS COILS COILS BMWIL’s Product Portfolio & Capacity CGL COMPLEX ROLLING MILL PIPES & TUBES Installed Capacity 10,14,000 MT Installed Capacity 1,80,000 MT Installed Capacity 7,32,000 MT • HRPO Coils: Pickled & oiled hot rolled steel with a • Rolling Mill: Converts billets into finished rebar steel • Hot Rolled and Cold Rolled round, square and clean surface; strong and cost-efficient for auto frames, rectangular hollow sections tubes, and fabrication • Produces TMT bars for construction & infrastructure • Production across Jamshedpur and Howrah • HR Slit Coils: Precision-cut narrow HR strips; strong • Enhances strength, surface finish, and dimensional and cost-efficient for pipes, frames, and fabrication precision • Amongst the largest single-location capacities and • GP Coils: Zinc-coated steel with high corrosion capabilities in the country resistance; used in roofing, appliances, and auto • Enables high-volume production with consistent components quality • GC Sheets: Corrugated, galvanized sheets; durable and stiff for roofing, cladding, and fencing BMWIL’s Bokaro Proposed Offerings & Capacity COLD ROLLED FULL HARD COILS GA/ GI/ ZAM COILS COLOUR COATED COILS Capacity 5,50,000 TPA Capacity 5,40,000 TPA Capacity* 2,00,000 TPA • Cold reduction of hot rolled steel to achieve precise • Steel coated with Zinc/Aluminium/Magnesium • Pre-painted steel with protective and decorative thickness and high strength without annealing Alloys for superior corrosion resistance coatings applied over galvanized base • Produces sheets/coils used as base material for • Produces Galvanized (GI), Galvalume (GA), and Zinc • Produces ready-to-use sheets/coils with aesthetic finish galvanizing, coating, and forming applications Aluminum & Magnesium (ZAM) products for longer and corrosion protection service life • Offers superior surface finish, tight tolerances, and • Improves longevity, UV resistance, and reduces need enhanced hardness for downstream processing • Enhances durability, weather resistance, and for post-painting performance in harsh environments • Enables consistent quality for automotive, appliances, • Used extensively in roofing, facades, appliances, and and engineering uses • Widely used in roofing, cladding, appliances, and pre-engineered buildings infrastructure applications *BMWIL successfully commissioned the first phase of the Greenfield Downstream Steel Complex, with the Colour Coating line commencing operations on 5th October 2026 Key Investment Thesis Experienced Team Leveraging 40 years of Management expertise to expand steel processing capabilities Strong Financials Location Advantage & Logistics Edge Underpinned by conservative Balance Sheet Key industrial hub with robust infrastructure, management and a strategic move towards skilled workforce and efficient connectivity Specialty Steel products Strong Industry Growth Drivers Manufacturing Capabilities Strong growth potential fueled by rising demand Integrated manufacturing backbone enabling & capacity for value-added steel margin expansion, and scalable growth Bokaro Capacity Expansion Diversified revenue base with capacity expansion driving margin expansion and returns Strong Board Governance & Experience Ram Gopal Bansal Harsh Bansal Vivek Bansal Joginder Pal Dua Chairman & WTD Managing Director Managing Director Independent Director ▪ Founder, with 50 + years of ▪ 25+ years of experience ▪ Graduate from Calcutta university ▪ Over 30 years with Oriental Bank of experience ▪ Executive MBA - Harvard Business with experience of 19+ years Commerce; former CMD of ▪ Under his vision & leadership School ▪ Exec. Education from ISB Allahabad Bank and Chairman of BMWIL is now one of the leading ▪ Exec. Education from ISB Hyderabad, Hyderabad. BIFR manufacturers/service providers in the & LBS London Iron & Steel [Showing first 8,000 characters — download PDF for full document]