Pursuant to Regulation 30 of SEBI Listing Regulation, 2015, please find enclosed the Investor Presentation on Financial Results of the Company for the Quarter and half year ended September 30, 2026.

November 06, 2026 BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 507944 Sub: Investor/Result Presentation Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Investor/ Result Presentation on the Financial Results of the Company for the Quarter and Half year ended September 30, 2026. The said presentation is also being disseminated on the Company's website at https://bajajngp.com/ For Bajaj Steel Industries Limited Rachit Jain Company Secretary Encl: As Above BAJAJ STEEL INDUSTRIES LIMITED A Multi-Product Engineering Company Q2 & H1 FY27 INVESTOR PRESENTATION Disclaimer This presentation and the accompanying slides (the “Presentation”), has been prepared by Bajaj Steel Industries Limited (the “Company”), 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 documentcontainingdetailedinformationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon,thetruth,accuracy,completeness,fairnessandreasonablenessofthe 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 respectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded. CertainmattersdiscussedinthisPresentationmaycontainstatementsregardingtheCompany’smarketopportunityandbusinessprospectsthatareindividuallyand collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertaintiesandassumptionsthataredifficulttopredict.TheCompany’sactualresults,levelsofactivity,performanceorachievementscoulddiffermateriallyand adverselyfromresultsexpressedinorimpliedbythisPresentation.TheCompanyassumesnoobligationtoupdateanyforward-lookinginformationcontainedinthis Presentation.Anyforward-lookingstatementsandprojectionsmadebythirdpartiesincludedinthisPresentationarenotadoptedbytheCompanyandtheCompany is not responsible for such third-party statements and projections. The Company and/or its affiliated companies and/or their respective employees and/or agents havenoresponsibilityorliability(expressorimplied)whatsoeverandhowsoeverarising(including,withoutlimitationforanyclaim,proceedings,action,suits,losses, expenses,damagesorcosts)whichmaybebroughtagainstorsufferedbyanypersonasaresultofactinginrelianceuponthewholeoranypartofthecontentsofthis presentationandneithertheCompany,itsaffiliatedcompaniesnortheirrespectiveemployeesoragentsacceptsanyliabilityforanyerror,omissionormisstatement, negligentorotherwise,inthispresentationandanyliabilityinrespectofthepresentationoranyinaccuracythereinoromissiontherefromwhichmightotherwisearise isherebyexpresslydisclaimed. www.bajajngp.com 2 Table Of Contents 02 04 01 03 Company Annexure Overview Q2 & H1 FY27 Business Highlights Segments www.bajajngp.com 3 Q2 & H1 FY27 Highlights www.bajajngp.com 4 Q2& H1 FY27: Operational & Business Performance Update ◆ Sequential Recovery in Performance: Revenue grew 29% QoQ to Rs 155.2 Cr in Q2FY27, reflecting Net Revenue (Rs Cr) improved execution and dispatches. However, revenue remained 11% lower YoY, amid delays in order conversion,rawmaterialavailabilityconstraintsandvolatileglobaltradeconditions. Other Business Segment ◆ Diversified Business Portfolio: Other Businesses delivered 19% YoY growth to Rs 64.7 Cr, contributing 42% of Q2FY27 revenue, partially offsetting subdued performance inCotton Ginning Machinery, which wasimpactedbysofterexportdemandandexecutiondelays ◆ Strong Growth Across Key Divisions: During H1FY27, Infrastructure and Heavy Engineering recorded 64 65 ~30% and ~44% YoY revenue growth, respectively, reflecting continued momentum across the 54 Company'sdiversifiedengineeringbusinesses Q2FY26 Q4FY26 Q1FY27 Q2FY27 ◆ Margin Pressure and Sequential Recovery: Gross margin moderated to 45.7% from 52.5% in Q2FY26, as higher steel and other input costs could not be fully passed on in existing orders. Consequently, Cotton Ginning Machinery Segment EBITDA margin stood at 8.0% versus 18.2% last year. However, EBITDA margin improved 313 bps QoQ, supportedbyimprovedexecutionandgrossmarginrecovery ◆ Improving Profitability Outlook: With new orders being priced to reflect prevailing input costs, the Company expects progressive margin recovery over the coming quarters, supported by improved execution,operatingefficienciesandadiversifiedbusinessmix 90 60 56 ◆ Healthy Order Book: The Company maintains a Rs 560 Cr order book as of November 6, 2026, Q2FY26 Q4FY26 Q1FY27 Q2FY27 comprising Rs 350 Cr in Cotton Ginning Machinery and Rs 210 Cr across Other Businesses, providing revenuevisibilityacrossitsbusinessdivisions *Other business segments include Infrastructure, Electrical Panels, Heavy Engineering, and other product segments www.bajajngp.com 5 Q2 & H1 FY27:Consolidated Profit & Loss Statement Consolidated (Rs Cr) Q2FY27 Q1FY27 QoQ (%) Q2FY26 YoY (%) H1FY27 H1FY26 YOY (%) Revenue From Operations 155.2 120.4 29% 174.6 -11% 275.6 282.2 -2.3% Cost of Goods Sold 84.2 69.2 82.9 153.4 133.8 Employee Benefits Expense 24.5 20.8 22.5 45.3 42.9 Other Expenses 34.1 24.4 37.4 58.5 60.1 EBITDA 12.4 5.9 111% 31.8 -61% 18.3 45.3 -59.6% EBITDA Margin (%) 8.0% 4.9% 313 bps 18.2% -1019 bps 6.7% 16.1% -942 bps Depreciation and Amortisation Expenses 5.0 5.0 3.7 10.0 7.5 Other Income 3.0 1.4 1.5 4.4 2.9 EBIT 10.4 2.4 339% 29.6 -65% 13 40.8 -68.8% EBIT Margin (%) 6.6% 1.9% 462 bps 16.8% -1024 bps 4.6% 14.3% -977 bps Finance Cost 1.5 1.5 1.3 3.0 2.6 (+) Exceptional / extraordinary 0.0 0.0 0.0 0.0 0.0 Profit Before Tax 8.9 0.9 913% 28.3 -69% 9.8 38.2 -74.5% Tax Expense 1.2 1.1 7.0 2.3 9.5 PAT 7.7 -0.3 2967% 21.3 -64% 7.4 28.7 -74.1% PAT Margin (%) 4.9% -0.2% 509 bps 12.1% -721 bps 2.7% 10.1% -740 bps EPS (in Rs) 3.7 -0.1 10.2 3.6 13.8 www.bajajngp.com 6 Company Overview www.bajajngp.com 7 Bajaj Steel Industries –Key Strengths Incorporated in 1961 under the visionary leadership of Late Shri HargovindBajaj, BSIL has evolved from a Cotton Ginning Machinery Company to Multiproduct Engineering Company 64 Years Manufacturing Presence Across Strong Technology-Led & Financial Prowess of Legacy Prowess 60 + Countries Workforce Quality-Certified • World Leader in • 14manufacturing • 3,000+Cotton • 2,000+Strong • Technical 524 Cr 60 Cr C Mo at ct hon in eG ri ynning facilities with Ginning Plants Workforce Collaboration with Revenue EBITDA Supplied • 200+ Design & Circot(ICAR) in 2011 10 lakh + sq. ft. • Successfully Detailing 37 Cr 78 Cr E Sx ep ga mn ed ne td s Business ( b1 u l ia ltk -h u p+ asq re. am atr cs r. o) s s • 4 U gS au nb dsi ad , ia Brr aie zs il in USA, • S Enki gll ie nd e eIn ri- nh go use • C Sch ha nn in de el r P Ea lert cn te rir c O s f A BB PAT Cash Flow Operations • Listed on BSE Since 5 divisions Capabilities & Mitsubishi. 1986 • 50%+ Revenue from -0.1x Exports in FY25 Net Debt to Equity FY26 Division-wise Cotton Ginning Machinery Infrastructure (PEBs) Electrical Panels Heavy Engineering Other Products Revenue Share (Rs Cr) 22% 59% Cotton Processing M/c Infra Electrical Panels Heavy Engineering Others Products www.bajajngp.com 8 Our Journey To Becoming A Multiproduct Engineering Company 01Cotton 01 0Co1ntinental 01 01 Electrical Heavy Processing Infrastructure Eagle Panels Engineering Machinery Corporation Since1961 Since2010 Since2021 Since2018 Since2023 • Started w [Showing first 8,000 characters — download PDF for full document]