General Updates

Corporate Office: Auras Corporate Centre, V Floor, 98-A, Dr. Radhakrishnan Salai, Mylapore, Chennai – 600 004, India. Phone: +91-44 28478666, Fax: +91-44 28478676 Web Site: www.ramcocements.in THE R A M C O C E M E N T S L I M I T E D Corporate Identity Number: L26941TN1957PLC003566 7 August 2026 National Stock Exchange of India Limited, Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051. Symbol : RAMCOCEM BSE Limited, Floor 25, “P.J.Towers”, Dalal Street, Mumbai – 400 001. Scrip Code : 500260 Dear Sirs, Sub: Investor Update Pursuant to Regulation 30, read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the Investor Update on the performance of the Company for 1QFY27. Thanking you, Yours faithfully, For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY Encl : As above Registered Office: “Ramamandiram”, Rajapalayam – 626 117. Tamil Nadu STRENGTH STRENGTH from to Investor Update | 1QFY27 Ariyalur Integrated Plant T H E R AM C O C E M E N T S L I M I T E D Contents Overview TRCL’s Market update Sales & Capacity Utilization Key Performance Financial Analysis & Key Ratios Capex & Borrowings update ESG Update Awards & Accolades Ariyalur Integrated Plant In v e s t o r U p d a t e | 1 Q F Y 2 7 Overview ▪ i ’ real GDP grew by 7.7% in FY26, but growth is projected to moderate to 6.6% in FY27, as weak private investment and elevated oil prices linked to the Iran conflict dampen domestic demand; industrial production expanded 5.1% YoY in May-26, a 5-month high ▪ CPI inflation rose for an eighth straight month to an 18-month high of 4.4% YoY in Jun-26 (3.9% in May-26), with food at 5.1% and fuel at 4.5%; RBI held the repo rate at 5.25% with a neutral stance ▪ India's overall monsoon rainfall deficit has improved from June's alarming 40% shortfall down to roughly 16% as of July 2026. Fuel price pass- through keep FY27 CPI forecast at 5.1%; crude has corrected to ~USD 73/bbl in Jul-26 from a May peak of over $114/bbl, while INR at record lows of ~96.5/USD raises imported input costs ▪ Cement production rose 9.8% YoY in Jun-26 (Index of Core Industries), reflecting resilient demand across infrastructure, housing and government capex ▪ Union budgeted capital expenditure of ` 12.2 lakh crores for FY27 and two straight months of double-digit Capital Goods growth anchor the pipeline. ▪ ` 20,000 crores CCUS outlay over 5 years strengthens long-term decarbonization economics for cement; ₹ 5 Crores per region under City Economic Regions targets Tier II/III cities and temple towns, driving cement demand via urban infra, housing & civic development. ▪ West Asia conflict and Strait of Hormuz disruption; Pass-through of higher energy, freight and insurance costs pressures kiln fuel (pet coke, coal), diesel-led logistics, polymer prices and imported capex equipment cost ▪ Volatility in USD, crude oil and other commodity prices; Weak El Niño conditions persist, keeping projections cautious for August and September; Major reservoirs across the country still report a 15% deficiency in storage compared to normal levels, with South India heavily impacted ▪ Sustainability of cement prices amid rising capacity additions / consolidation and competitive intensity; In v e s t o r U p d a t e | 1 Q F Y 2 7 TRCL’s Market update for 1QFY27 South East ▪ Volume from B2C & B2B have grown YoY ▪ Volume from B2C & B2B have grown YoY ▪ Share of premium products in 1QFY27: 28%; 1QFY26: 29% ▪ Share of premium products in 1QFY27: 23%; 1QFY26: 22% ▪ Volume share for 1QFY27: 73%; 1QFY26: 79% ▪ Volume share for 1QFY27: 27%; 1QFY26: 21% ▪ Trade prices have increased by 5% from exit price of Mar-26 ▪ Trade prices have improved by 6% from exit price of Mar-26 ▪ Due to state elections in Tamil Nadu & Kerala, demand disrupted ▪ Due to state elections in West Bengal, demand disrupted In v e s t o r U p d a t e | 1 Q F Y 2 7 Sales & Capacity utilization for 1QFY27 Cement Capacity Utilization % 68% 70% 83% Utilization Utilization Utilization 1QFY26 1QFY27 4QFY26 1QFY26: OPC 31%; B2B 30%; CC 1.45x 1QFY27: OPC 34%; B2B 33%; CC 1.39x 4QFY26: OPC 34%; B2B 33%; CC 1.43x Cement Sales (Lac Tons) Construction Chemicals Sales (Lac Tons) +12% -17% +13% -18% 1.64 53.89 1.35 44.80 1.20 39.98 1QFY26 1QFY27 4QFY26 1QFY26 1QFY27 4QFY26 In v e s t o r U p d a t e | 1 Q F Y 2 7 Key Performance for 1QFY27 ` in Crores Revenue Cash profit +10% -13% -24% -35% 2,618 349 2,276 299 2,077 1QFY26 1QFY27 4QFY26 1QFY26 1QFY27 4QFY26 Cash profit = PBT + Depreciation – Current Tax (including Exceptional Items) Profit Before Tax Profit After Tax (excluding Exceptional Items) -75% -72% -63% -78% 116 146 29 32 1QFY26 1QFY27 4QFY26 1QFY26 1QFY27 4QFY26 Total Sale volume increased by 12% YoY and down by 17% QoQ despite demand Average Cement prices have dropped by 2% YoY; however, improved by 6% QoQ; disruption due to state elections in Tamil Nadu, Kerala & West Bengal Power & fuel cost / T has increased by 9% YoY and 24% QoQ in view of West Asia War Profitability impacted due to levy of mineral bearing land tax @ ` 160 per ton of Profit on sale of non-core assets of ` 13 Crores recognized under Exceptional Items limestone in TN, amounting to ~ ` 39 Crores for 1QFY27 during 1QFY27 In v e s t o r U p d a t e | 1 Q F Y 2 7 EBITDA ` in Crores -22% -18% 1QFY26 1QFY27 4QFY26 EBITDA / Ton ` 981 / T ` 681 / T ` 693 / T Average Cement prices have dropped by 2% YoY; however, improved by 6% QoQ Rupee depreciation by 11% YoY during FY26 contributed further increase in the fuel cost Power and fuel cost of 1QFY27 up by ` 104 / Ton YoY and up by ` 254 / Ton QoQ, in view of West Asia War EBITDA impacted due to levy of Mineral bearing Land tax on limestone in TN from Apr-25. The impact is ~ ` 39 Crores for 1QFY27 Packing materials cost increased by 30% YoY in view of increase in polymer prices, due to West Asia War In v e s t o r U p d a t e | 1 Q F Y 2 7 Interest & Depreciation ` in Crores -9% Flat +4% +2% 200 16.00% 200 183 190 187 180 180 14.00% 160 160 12.00% 140 140 10.00% 120 105 120 96 95 100 8.00% 100 7.64% 80 80 7.03% 7.06% 6.00% 60 60 4.00% 40 40 2.00% 20 20 - 0.00% - 1QFY26 1QFY27 4QFY26 1QFY26 1QFY27 4QFY26 Depreciation increased due to commissioning of manufacturing facilities viz. WHRS Effective rate of interest decreased by 61 bps YoY & 3 bps QoQ due to repo rate at RR Nagar, Railway Siding at Kolimigundla during previous year cuts and reduction in borrowings In v e s t o r U p d a t e | 1 Q F Y 2 7 Standalone Revenue ` in Crores Particulars Q1FY27 Q1FY26 Variance % Cement 2,182.86 1,991.74 10% Construction Chemicals (Note) 86.11 78.39 10% Other Income 7.21 6.48 11% Total Revenue 2,276.18 2,076.61 10% Note: Revenue from Construction Chemicals does not include the below: Captive consumption used in cement division * 0.41 5.83 93% * Eliminated at company level for reporting purpose in accordance with Ind AS In v e s t o r U p d a t e | 1 Q F Y 2 7 Income Statement for 1QFY27 ` in Crores Standalone Consolidated Particulars 1QFY27 1QFY26 Variance % 1QFY27 1QFY26 Variance % 2,276.18 2,076.61 10% Revenue 2,279.79 2,080.00 10% 1,961.80 1,672.49 17% Less: Operating Expenses 1,966.60 1,676.49 17% 314.38 404.12 22% EBITDA 313.19 403.51 22% 95.58 104.74 9% Less: Finance Costs 95.58 104.74 9% 189.87 182.91 4% Less: Depreciation 189.84 183.90 3% 28.93 116.47 75% Profit Before Tax (before Exceptional Items) 27.77 114.87 76% Exceptional Items: 12.62 - 100% Add: Profit on sale of non-core assets 12.62 - 100% 41.55 116.47 64% Profit Before Tax 40.39 114.87 65% 3.45 - 100% Less: Current Tax Expenses 3.47 - 100% 6.24 30.46 80% Less: Deferred Tax Expenses 5.90 30.46 81% 31.86 86.01 63% Profit After Tax 31.02 84.41 63% 31.86 91.79 65% Total Comprehensive Income 31.09 90.80 66% In v e s t o r U p d a t e | 1 Q F Y 2 7 Cost of raw materials per ton -4% -2% 1,056 1,031 1,013 1QFY26 1QFY27 4QFY26 Raw material cost per ton include impact of on levy of mineral bearing land t [Showing first 8,000 characters — download PDF for full document]