Rain Industries Limited - Earnings Presentation on the Un-Audited Financial Results of the Company (Standalone, Consolidated and Segment) for the second quarter ended and half year ended June 30, 2026

RAIN INDUSTRIES LIMITED RIL/SEs/2026 August 6, 2026 The General Manager The Manager Department of Corporate Services Listing Department BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra East Mumbai-400 001 Mumbai – 400 051 Dear Sir/ Madam, Sub: Earnings Presentation on the Un-Audited Financial Results of the Company (Standalone, Consolidated and Segment) for the second quarter and half year ended June 30, 2026.–Reg. Ref : Scrip Code: 500339 (BSE) & Scrip code : RAIN (NSE) With reference to the above stated subject, please find enclosed herewith Rain Industries Limited Earnings Presentation on the Un-Audited Financial Results of the Company (Standalone, Consolidated and Segment) for the second quarter and half year ended June 30, 2026. This is for your information and records. Thanking you, Yours faithfully, for Rain Industries Limited S. Venkat Ramana Reddy Company Secretary Regd. Office: Rain Center Phone : +91 (40) 40401234 34, Srinagar Colony Fax: + 91 (40) 40401214 Hyderabad 500073 Email:secretarial@rain-industires.com Telangana, India Website: www.rain-industries.com CIN:L26942TG1974PLC001693 RAIN INDUSTRIES LIMITED Earnings Presentation – Q2 2026 A leading vertically integrated global producer of carbon, cement and advanced Investor Relations Contact: materials. RAIN converts by-products of oil refining and steel production into high-value carbon-based products for the aluminium, graphite, carbon black and specialty chemicals India Email: investorrelations@rain-industries.com industries, and produces cement for the South Indian market. Longstanding customer and Main Phone: +91 40 4040 1234 supplier relationships, an integrated global logistics network and process flexibility position us to capitalize on opportunities across established and emerging markets. US Email: investorrelations@raincarbon.com Main Phone:+1 985 635 3400 Related image Forward-Looking Statement This presentation contains forward-looking statements based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including our statements addressing our expectations for segment volumes and earnings, the factors we expect to impact earnings in each segment, demand for our products, our expected uses of cash, and our expected tax rate, are forward looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict. If known or unknown risks materialize, or should underlying assumptions prove inaccurate, our actual results could differ materially from past results and from those expressed in the forward-looking statement. Important factors that could cause our results to differ materially from those expressed in the forward-looking statements include, but are not limited to lower than expected demand for our products; the loss of one or more of our important customers; our failure to develop new products or to keep pace with technological developments; patent rights of others; the timely commercialization of products under development (which may be disrupted or delayed by technical difficulties, market acceptance, competitors' new products, as well as difficulties in moving from the experimental stage to the production stage); changes in raw material costs; demand for our customers' products; competitors' reactions to market conditions; delays in the successful integration of structural changes, including acquisitions or joint ventures; the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries where we do business; and severe weather events that cause business interruptions, including plant and power outages or disruptions in supplier or customer operations. Safety Performance 0.24 0.18 0.16 0.13 0.11 2022 2023 2024 2025 H1 2026 TRIR Note: Total Recordable Incident Rate (“TRIR”) is reported in accordance with OSHA guidelines. Until 2023, reporting covered only Carbon and Advanced Materials segments. Beginning in 2024, TRIR reporting includes all three business segments. Key Highlights – Q2 2026 EARNINGS PERFORMANCE — Q2 2026 REVENUE FROM ADJUSTED EPS ADJUSTED EBITDA ADJUSTED PAT OPERATIONS ₹9.43 ₹9.94 Bn ₹3.17 Bn ₹51.67 Bn Earnings Per share ▲ 61% vs Q2’25 Net profit after tax ▲ 17% vs Q2’25 not annualized BALANCE SHEET & LIQUIDITY TOTAL LIQUIDITY CAPITAL EXPENDITURE DEBT MATURITY RUNWAY US$313 Mn US$26 Mn Oct 2028 Cash US$172 Mn + Undrawn US$141 Mn Six months ended June 2026 No significant term maturities until then Aluminium Market Update Primary Aluminium Production Growth in Thousand Tonnes Not to Scale 29,636 30,340 29,275 31,555 43,109 43,671 44,253 44,474 2024 2025 2026 (F) 2027 (F) China Rest of World LME AL Inventory (Million MT) vis-à-vis LME AL Quote (000 US$ per MT) T M) 3.5 )T M n1.5 3 re illiM Y R O N0.1 1122 .. 55 $ 0 0 0 ( V 0.5 U 0 0 E Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 L Inventory LME Quote • Supply tightness persists amid Middle East disruptions. Recovery dependent on de-escalation and logistics normalization. • Elevated LME and energy costs are supporting restarts but may pressure downstream demand. • Long-term fundamentals remain constructive, driven by electrification, lightweighting and energy transition. Price Trend of Key Products and Natural Gas 1,338 1,376 Not to Scale 1,239 1,026 899 864 851 916 882 Benzene quotations 700 709 704 678 738 at 12-quarters high 635 663 625 612 610 853 559 562 685 455 498 480 450 460 435 440 411 498 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Fuel Oil 1% $/Ton Benzene $/Ton Naphtha $/Ton 200 85 82 85 100 78 74 74 73 71 68 Brent Oil & Natural Gas are stabilizing 50 46 53 36 36 43 45 37 27 34 37 33 37 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Brent Oil $/bbl Natural Gas €/MWh Consolidated Revenue and EBITDA Q2 2026 (₹ in Billions) ₹ 2.55 ₹ 51.40 ₹ 0.91 ₹ 9.94 ₹ 5.79 -₹ 0.29 -₹ 0.10 ₹ 2.96 ₹ 43.35 ₹ 6.17 Q2 CY25 Carbon Advanced Cement Q2 CY26 Q2 CY25 Carbon Advanced Cement Q2 CY26 Materials Materials Revenue (excluding other operating income) Adjusted EBITDA Note: Charts not to scale Carbon: Revenue and EBITDA Q2 CY26 Q1 CY26 Q2 CY25 CY 2025 2,593 Q2 2026 vs Q2 2025 124.98 ▪ Revenue increase driven by 19.97 o Increased prices supported with appreciation of Euro and USD against Indian Rupee. o Offset with lower volumes in Calcination due to shipment timing and shift of some sales to other geographies ▪ EBITDA increase driven by 8.11 o Raw material blend optimization improvements 6.45 37.70 627 664 33.52 5.15 o Reduced operating costs due to 594 31.91 capacity utilisations and cost savings initiatives implemented in 2025 Volumes (MT 000) Revenue Adj EBITDA (₹ in Billions) (₹ in Billions) Advanced Materials: Revenue and EBITDA Q2 CY26 Q1 CY26 Q2 CY25 CY 2025 Q2 2026 vs Q2 2025 31.62 ▪ Revenue increase driven by 2.20 o Pricing increases related to reduced supplies in the market and appreciation of Euro and USD against Indian Rupee. 1.68 o Higher volumes in Engineered Products offset with lower volumes in Resins and Chemical Intermediates subsegments ▪ EBITDA increase lead by 0.77 o Higher margins driven by the 0.65 timing of raw material purchases 71 68 70 10.73 coupled with cost saving 8.63 8.18 initiatives implemented in 2025 Volumes (MT 000) Revenue Adj EBITDA (₹ in Billions) (₹ in Billions) Cement: Revenue and EBITDA Q2 CY26 Q1 CY26 Q2 CY25 CY 2025 Q2 2026 vs Q2 2025 ▪ Revenue decrease driven by 11.31 o Lower volumes due to 2,575 increased competition and decrease in net sales price 0.57 realisations. ▪ EBITDA decreased due to o Lower volumes and increased operating costs 0.25 3.26 2.97 651 633 699 2.74 0.15 0.06 Volumes (MT [Showing first 8,000 characters — download PDF for full document]