Investor Presentation

RHI MAGNESITA INDIA LTD. 19th & 20th Floor, DLF Square, M-Block, Phase II, Jacaranda Marg, DLF City, Gurugram, Haryana 122002 T +91 124 4299000 E corporate.india@rhimagnesita.com www.rhimagnesitaindia.com 11 August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai – 400 001, India Mumbai – 400 051, India BSE Scrip Code: 534076 NSE Symbol: RHIM Dear Sir/ Ma’am, Sub: Presentation of Earning Conference Call for quarter ended 30 June 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and further to our earlier intimation dated 6 August 2026, the presentation of the conference call to be held on 12 August 2026, is enclosed herewith and the same is also be uploaded on website of the Company at https://www.rhimagnesitaindia.com/investors/investor-meet Kindly take the same on record. Thanking you, Yours faithfully For RHI Magnesita India Limited Sanjay Kumar Company Secretary (ICSI Membership No. -A17021) Registered Office: Unit No.705, 7th Floor, Lodha Supremus, Kanjurmarg Village Road, Kanjurmarg (East), Mumbai-400042, T +91 22 49851200 CIN: L28113MH2010PLC312871 RHI Magnesita India Limited Investor Presentation Q1 FY27 11th August, 2026 Safety Key Highlights Financial Highlights Strategy Updates ESG Update RHIM India at a Glance Health & Safety Safety remains our highest priority, without exception LTIF: 0.13 TRIF: 0.20 ✓ Expanded Safety Culture Transformation program across manufacturing facilities, customer sites, and Q1 FY27 Q1 FY27 warehouses through Wave-2 of the Area of Transformation (AoT) program and Visible Felt Leadership (VFL) sessions. ✓ Strengthened leadership capability with DSS+ led Local Leadership Engagement sessions for Plant Heads and 27,000+ functional leaders ✓ Enhanced employee engagement through targeted HSE Manhours of Safety awareness campaigns promoting a proactive safety Trainings culture. LTIF: Loss time injury frequency TRIF: Total recordable injury frequency DSS+: operational Consultants who are leaders in safety transformation programs Safety Excellence Recognition Recognition of our Secured 3rd Position at Safety Excellence Awards commitment to zero-harm workplace 2026 by Government of Odisha Celebration our people and our culture Award Overview Recognition Highlights Rajgangpur plant secured III position Demonstrates the effectiveness of our at the Divisional level safety safety management system Excellence Awards 2026 Reflects continued focus on zero harm Organized by the Directorate of culture and operational excellence factories and boilers, Government of Odisha Recognition reinforces our commitment to safe reliable and Recognized among leading industrial sustainable manufacturing companies for excellence in operations workplace safety This recognition reinforces our unwavering focus on safety, people well-being and operational excellence Safety excellence continues to be a core pillar of RHI Magnesita’s operational and ESG strategy Q1 FY27 Key Highlights Market Update ▪ Refractory industry is facing pricing pressure and rising competition from Global & regional entrants with brownfield and greenfield expansion. Industry is navigating through rising raw material, energy and logistics costs ▪ Steel producers reported a strong operational quarter marked by ongoing capacity expansions, blast furnace ramp-ups and higher utilization levels with continued focus on maximizing production and Cost efficiency ▪ Cement industry continued to demonstrate robust growth, supported significant capacity additions and sustained investments in expansion projects, while companies are under margin pressure due to higher fuel and raw material cost Strategy Update ▪ Scaling 4PRO contracts as per plan, backed by positive customer sentiment ▪ Gained Flow Control market share, secured future Pellet orders, and drove growth across non-cement industrial segments (Oil & Gas and Glass) ▪ Launched RHIM Khemka MINPRO, a strategic mineral processing joint venture / subsidiary of RHIM IN with Khemka Refractories to create circular refractory ecosystem ▪ Trials done for flow control for exports which will be served from Jamshedpur plant Financial Performance ▪ Revenue Growth- Achieved 9% QOQ growth driven by strong performance in the Steel segment with favorable increase in Price and volume ▪ Adjusted EBITDA increased 30% QoQ to ₹147 crore, with EBITDA margin improved to 14.5%, reflecting pricing discipline and operational performance ▪ Working Capital Intensity at 36% driven by Inventory build up to support future growth outlook in FY27 ▪ NET Cash to EBITDA improved from 0.1x to 0.3x through cash conversion Efficiency Operation Update • Backward integration through advancement in quartzite mines ▪ Diversified energy sourcing to improve supply security and minimize business disruption ▪ Advanced automated drying technology implemented to improve capacity,productivity and product quality ▪ Achieved ~7% reduction in energy consumption and ~6% reduction in CO₂ emissions year-on-year Financial Highlights Building performance Shaping progress Q1 FY27 Vs Q4 FY26 Revenue from Operating EBITDA Operating EBITDA % Shipment Operations ₹ 1,014 Cr ₹ 147 Cr 14.5% 122 KT 9% 30% 237Bps 5% Working Capital Net Cash/EBITDA Operating Cashflow Adjusted EPS* Intensity 0.3X ₹ 81 Cr ₹3.1 213 Bps 0.1x -7% 66% Consistent Value Creation in a Dynamic Environment *Before exceptional item (Statutory impact of new labor code) and Impairment in Q4 Performance Highlights Navigating Volatility with Improved Growth Revenue and Profitability ▪ Revenue increased quarter-over-quarter, driven by market share gain in the Steel segment Revenue from Operations (₹ Crores) ▪ Improved net realization through significant price increases across Steel through focused commercial discipline Shipment (kt) 129 117 122 ▪ Maintenance-led demand supported higher Cement volumes this quarter 960 932 1,014 ▪ Partially offset by one-off Iron Making project orders in Q4 € 89m € 86m € 94m EBITDA Q1 FY 26 Q4 FY 26 Q1 FY 27 ▪ EBITDA improvement was driven by disciplined execution of self- Adjusted EBITDA (₹ Crores) help initiatives and effective recovery of input cost inflation EBITDA Margin ▪ Market share gains in high-margin applications further 10.8% 12.1% 14.5% contributed to EBITDA expansion +30% 147 ▪ Partially offset by one time gain on Dalmia BTA closure recorded 113 in Q4 € 10m € 10m € 14m Q1 FY 26 Q4 FY 26* Q1 FY 27 11 *Before exceptional item (Statutory impact of new labor code) Profit and Loss Snapshot ₹Crores Production: Q1 FY27 Q4 FY26 Q1 FY 26 Production -KT 81 79 85 ▪ +2%vs Q4 FY’26 Shipment -KT 122 117 129 ▪ -5% vs Q1FY’26 Avg realisation/MT 83,175 79,948 74,317 Shipment: Income 1,023 957 961 Revenue from operations 1,014 932 960 ▪ +5%vs Q4 FY’26 Other Income 9 25 1 ▪ -6% vs Q1FY’26 Expenses 876 86.4% 844 90.5% 858 89.4% Revenue: Material Cost 590 58.2% 542 58.2% 601 62.5% Employee Benefits expense 101 10.0% 101 10.8% 87 9.0% ▪ +9%vs Q4 FY’26 Other expenses 185 18.3% 201 21.5% 171 17.8% ▪ +6%vs Q1 FY’26 EBITDA 147 14.5% 113 12.1% 103 10.8% Depreciation 29 2.9% 30 3.2% 26 2.7% Adjusted EBITDA margin: EBITA 118 11.6% 83 8.9% 77 8.0% Amortisation 21 2.0% 21 2.3% 21 2.2% ▪ +30% vsQ4 FY’26 EBIT 97 9.6% 62 6.6% 56 5.9% ▪ +42% vsQ1 FY’26 Finance Cost 10 1.0% 8 0.8% 8 0.9% Exceptional Item: Profit before exceptional 87 8.6% 54 5.8% 48 5.0% Exceptional item - - 557 59.8% - - ▪ Recognition of Impairment of Goodwill on acquired Assets of Profit before Tax 87 8.6% (503) -54.0% 48 5.0% ₹556Crores, Tax 23 2.2% 15 1.6% 13 1.3% ▪ AdditionalImpact ofLabor code₹0.9 Crores in Q4FY 26 Profit After Tax 65 6.4% (518) -55.6% 35 3.7% Slide Owner: Geeta Azim Syed Data Source: FP&A LE DB Working Capital intensity and Cash Conversion Finance Checked by: Cash Conversion Efficiency Sustained Ap [Showing first 8,000 characters — download PDF for full document]