In compliance of above, please find enclosed herewith copy of an Investors Presentation on Q1/FY2026-27 Unaudited Financial Results. Copy of this is being hosted on Company's Website: https://ifglgroup.com/ ....

1 thA0 ugu2s0t2,6 NationaElx cShtaoonfIcg nkedL itad BSEL imited 'ExchPalnagzCea- '1B,,l ocGk - PhirJoezeej eTeobwheorys Band-Kruar Cloam plex DalSatlr eet Band(rEMa)u ,m b4a0i00 5 1 Mumb4a0i00 0 1 Code: IFGLEXPOR Code:540774 DeaSri r/Madam, Re: DiscluonsduRerereg ula3t0oi fSo EnB (IL isOtbilnigg aatnidDo inssc losure RequireRmeegnutlsa)2t 0i1o5n s, Inc ompl oif aanbco pevleae,sfei enndc lohseewrdtie hco p oyfa nInsvoter Psersentaotni on Ql/FY20U2na6du-ie2td7F inanRceisauCllo tpsoy. ft hii sbse ihnsogt eodnC opmany's Websithet:t ps://ifgalngdr oshuapl.lcb oem /a avilabalte link https://ifglgsortro/uipn.vceosmt/ioiornn-v/pe.r esentat Thankyionug, Youfarist hfully, FoIrF GRLe fractLotrdi.e s (ManDsaim ani) CompaSneyc retary EM aimla:n sin.id(miniJa.ifo:l.in EncAlsa: b ove IFGRLE FRACTOLRIIMEIST ED wwwi.fglg.rcooump Hea&dC orpoOrffaitcMeec :L eHoodu se RegistOeffriecSdee :c 'tBoK'ra, l unga EIsntdautset rial 3N etSaujbih Raosa Kdo,l k-7a0t00a0 1I,n dia P.OK.a lu7n7g00a3 1D,i sStu.n derOgdairshIh,na d,i a Te+l9:31 3 4 0O16 10IE0m aiilf:g l.ho@ifgl.in Te+l9:61 6 216 601IE9 m5a iilf:g l.works@ifgl.in CINL:5 1909OR200207749P -5L-C- - --- - - -- -- - -- - --- - -- - - - - - - IFGL Refractories Limited Investor Presentation Q1FY27 - August 2026 Safe Harbor This presentation and the accompanying slides (the “Presentation”), prepared by IFGL Refractories Limited (the “Company”), are 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 document containing detailed information about the Company. This Presentation of the Company is based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the 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 respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. Table of Contents Q1FY27 Performance Highlights IFGL Refractories at a Glance Historical Performance Highlights Agenda Annexure Management Commentary Commenting on the Company’s Q1FY27 performance, Mr. Mihir Bajoria, Managing Director of IFGL Refractories Limited, said: “Q1FY27 was a quarter of resilient execution for IFGL, as we navigated a mixed operating environment across our key markets. While demand in domestic business remained robust and we continued to focus on maintaining customer relationships, protecting market share and driving operational efficiencies. Encouragingly, our export business witnessed a strong rebound during the quarter, despite continued geopolitical uncertainties, reflecting improving demand conditions across several international markets and the strength of our global customer franchise. Profitability during the quarter remained impacted by the prevailing pricing environment and the mix of business; however, our continued focus on cost optimization, operational discipline and improving efficiencies helped us navigate these challenges. We remain focused on strengthening margins and ensuring that the benefits of an improving demand environment translate into sustainable profitability as market conditions normalize. Our international businesses continued to show encouraging momentum during the quarter. The strong rebound in exports reflects improving business activity across key geographies, with opportunities emerging across both traditional and newer end-use sectors. We continue to leverage our global manufacturing footprint, technical capabilities and customer relationships to strengthen our position across international markets. The outlook for the refractory industry remains constructive over the medium term. While near-term demand conditions remain uneven, we are seeing encouraging signs of recovery in several international markets. Investments in steel capacity, plant modernization, infrastructure development and localization initiatives are expected to support demand for refractories over the medium to long term. We remain particularly encouraged by the improving activity in international markets, even as geopolitical uncertainties continue to warrant a measured approach. During the quarter, the new leadership team continued to focus on key strategic priorities, including operational excellence, technology, growth initiatives and disciplined capital allocation. We are evaluating opportunities to further strengthen our capabilities, improve competitiveness and Mihir Bajoria build a stronger foundation for sustainable growth. Managing Director Looking ahead, we remain optimistic of demand environment and the strong rebound in exports which provides us confidence in the underlying resilience of our business. With a diversified global presence, strengthening international operations, a focused leadership team and a strong balance sheet, we remain committed to improving operational performance, driving profitable growth and creating sustainable long-term value for all our stakeholders.” Q1FY27 Standalone Performance Highlights Total Revenue (Rs. Crs) EBITDA (Rs. Crs) Adj. PAT (Rs. Crs) Key Highlights +7% +7% ✓Revenue: Revenue for Q1FY27 -17% 299 38 16 grew by 7% YoY, compared with 278 15 31 Q1FY26, reflecting healthy overall business performance. ✓Gross Margin: Gross margins were impacted by an increase in input costs, primarily driven by Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 geopolitical uncertainties and supply chain disruptions during the quarter. Gross Margin (%) EBITDA Margins (%) Adj. PAT Margin (%) ✓EBITDA: EBITDA margin stood at 11% in Q1FY27. Margins were 47% 14% 5% 5% impacted by a significant increase in LPG prices during the quarter. ✓PAT: PAT for Q1FY27 stood at Rs. 16 crore, compared with Rs. 15 crore in Q1FY26, representing a 7% YoY growth. PAT margin for the quarter stood at 5%. Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY27 Standalone Geography wise Performance Standalone Revenue from Domestic Revenue (Rs. Crs) Exports Revenue (Rs. Crs) Key Highlights Operations (Rs. Crs) +7% +9% +8% ✓ Domestic revenue for Q1FY27 stood at Rs. 228 crore, compared with Rs. 228 69 297 213 63 275 213 crore in Q1FY26. Growth remained modest due to the sharp increase in raw material prices amid 69 the Middle East conflict, resulting in higher input costs. ✓ The Company has implemented Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 selective price increases to partially offset the impact of rising input costs and protect margins. Q1FY26 Geography Split Q1FY27 ✓ Export revenues [Showing first 8,000 characters — download PDF for full document]