Integrated Annual Report for the Financial Year 2025-26 is attached

Across the Pages Corporate Overview Statutory Reports About the Report 4 Notice 44 About Ramco 6 Board’s Report 53 Product Offerings 8 Business Responsibility and Sustainability Report 110 Key Financial Highlights for 15 Years 14 Financial Statements Value Creation Model 16 Message from Managing Director 18 Separate Financial Statements 157 Message from Chief Executive Officer 19 Consolidated Financial Statements 253 Risk Management 20 Strategic Priorities 22 Stakeholder Engagement 24 Materiality Assessment 26 Scan this QR Code to Manufactured Capital 28 access the Investor Financial Capital 30 Relations page Intellectual Capital 32 Human Capital 34 Natural Capital 36 Social and Relationship Capital 38 Governance 40 Awards and Recognition 42 Corporate Information 43 Disclaimer This document contains statements about expected future events and financials of The Ramco Cements Limited (‘The Company’), which are ‘forward-looking’. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions, and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report. Investor Information Market Capitalisation (as of 31st March 2026) Rs. 21,939 crores CIN L26941TN1957PLC003566 BSE Code 500260 NSE Symbol RAMCOCEM Dividend Rs. 2.50 per Share AGM Date 20th August 2026 AGM Mode Video Conference Guided by His Values Shri P.A.C. Ramasamy Raja Founder 1894-1962 Built by His Vision ‘Gurubakthamani’ Shri P. R. Ramasubrahmaneya Rajha Sridharmarakshakar - Former Chairman 1935-2017 Leadership is not about being in charge. It is about taking care of those in your charge. - Simon Sinek from STRENGTH TO STRENGTH 62-5202 tropeR launnA detargetnI Corporate Overview Progress is built on strong foundations. Rooted in a legacy of operational discipline and enduring trust, Ramco Cements continues to advance with a clear focus on long-term value creation. As India’s infrastructure and housing requirements gather momentum, the Company is reinforcing its capabilities across manufacturing, sustainability, product innovation, and market reach to remain aligned with the country’s growth aspirations. During 2025-26, Ramco Cements strengthened the quality of its business through higher premium product penetration, greater integration of green power across operations, and the expansion of its construction chemicals portfolio with the launch of the Hard Worker range. Together, these initiatives underscore the Company’s commitment to building a more resilient and future-ready organisation. Guided by responsible growth and process excellence, Ramco Cements continues to evolve with purpose. It is strengthening its foundations, expanding its relevance across the construction ecosystem, and creating sustainable value for stakeholders. Ramco Cements Limited SR FS About the Report Our Reporting Approach Reporting Period and Scope At Ramco Cements, we recognise that financial This report provides a pan-Indian perspective of metrics offer a snapshot of the past. Through the Company’s ecosystem, spanning our Cement, this Integrated Annual Report for 2025-26, the Construction Chemicals, and Wind Farm divisions. Company goes beyond conventional statutory This report covers the financial year from reporting. It presents a cohesive account 1st April 2025 to 31st March 2026 and incorporates of how industrial ambition is balanced with significant corporate developments occurring up environmental stewardship and social equity. to the Board Meeting on 22nd May 2026. By embedding integrated thinking across our organisation, we connect strategy, governance, and resource stewardship to every decision we make. This approach allows us to convert Capitals, Stakeholder Engagement challenges into a legacy of enduring, long-term impact. and Materiality Our business model is anchored in six capitals: Manufactured, Financial, Intellectual, Human, Natural, and Social & Relationship. These capitals Reporting Frameworks are deeply interconnected and collectively shape and Standards how value is created over time. To strengthen this value creation process, This report is anchored in the International we engage continuously with our employees, Integrated Reporting (‹IR›) Framework to provide customers, and partners. Their input directly our stakeholders with a narrative built on informs our materiality assessment and ensures global benchmarks. We further reinforce our we remain aligned with the needs of the commitment to transparency by adhering to: communities we operate in. Global Reporting Initiative (GRI) Standards, providing a transparent lens into our sustainability footprints United Nations Sustainable Development Board Oversight and Assurance Goals (UN SDGs), mapping our local actions to global aspirations The Board of Directors acts as the custodian 4 Our statutory disclosures and financial of this report’s integrity. Through meticulous statements comply with key Indian regulatory collective oversight, the Board ensures that this requirements, including: document is a fair and honest reflection of our Companies Act, 2013 integrated performance. Indian Accounting Standards (Ind AS) Statutory and Financial Integrity: Audited SEBI (LODR) Regulations, 2015 by independent statutory experts to ensure accuracy Secretarial Standards issued by the Institute of Company Secretaries of India Non-Financial Reliability: Strengthened by robust internal controls and external Business Responsibility and Sustainability assurance, ensuring our sustainability data is Reporting (BRSR) framework reliable and verifiable 62-5202 tropeR launnA detargetnI Corporate Overview Highlights of the Year Financial Performance ESG Rs. 9,055.92 9 crores kgs/tonne Total Income of Cementitious Material Reduction in Scope (1+2) GHG Emission Intensity Rs. 1,481.56 crores EBITDA Average Hours of Rs. 693.62 crores Training Per Employee Rs. 9.40 crores CSR Expenditure Operational Performance 188.45 13 1.93 lakh tonnes lakh+ Production Volume Cement Products Lives Touched [Cement and Construction Chemicals] 188.06 20 lakh tonnes Credit Ratings Sales Volume Construction [Cement and Construction Chemical Products AA+ 5 Stable Chemicals] ICRA/CRISIL – Long-term Borrowings 26.44 3,890 MTPA Cement Employee Strength A1+ Manufacturing Capacity ICRA/CRISIL – 74% Short-term Borrowings Cement Capacity Utilisation Ramco Cements Limited SR FS About RAMCO Strengthening Our VISION Build. Legacy since 1961 Strengthen. Nurture. Ramco Cements is one MISSION of India’s leading cement manufacturers. From a single Becoming the most trusted plant in Tamil Nadu, we have construction solution partner by creating innovative products which built a strong presence across are most preferred for each type of application without compromising our South and East India. Guided commitment to ethics, environment, by operational efficiency, our people, society and responsibly building long-term relationships with market proximity, and every one of our stakeholders. long-term competitiveness, the Company has expanded its scale to create enduring value. Today, Ramco Cements operates an integrated and regionally diversified manufacturing network of integrated units, grinding facilities, renewable energy assets, and construction chemicals operations. This network enables us to serve residential, commercial, 6 industrial, and infrastructure demand across key markets. At the same time, our growing construction c [Showing first 8,000 characters — download PDF for full document]