The Ramco Cements Limited

rs,

Code: RAMCOCEM BSE Limited, Floor 25, "P.J.Towers", Dalal Street, Mumbai —400 001. Dear Sirs, Scrip Code: 500260 Sub: Investor Update Pursuant to Regulation 30, read with Schedule III of LOD

6.5%

stor Update 4QFY23 Overview 1 Overview of Economy • India's GDP growth for FY24 is projected at 6.5%. CPI inflation has gradually declined from 7.8% in April 2022 to 5.7% in March 2023 and is project

7.8%

nomy • India's GDP growth for FY24 is projected at 6.5%. CPI inflation has gradually declined from 7.8% in April 2022 to 5.7% in March 2023 and is projected to ease further to 5.2% in 4QFY24. • Repo Ra

5.7%

owth for FY24 is projected at 6.5%. CPI inflation has gradually declined from 7.8% in April 2022 to 5.7% in March 2023 and is projected to ease further to 5.2% in 4QFY24. • Repo Rate increased by 250 bp

5.2%

adually declined from 7.8% in April 2022 to 5.7% in March 2023 and is projected to ease further to 5.2% in 4QFY24. • Repo Rate increased by 250 bps during FY23 and tops pre-pandemic levels. In April 202

250 bps

o 5.7% in March 2023 and is projected to ease further to 5.2% in 4QFY24. • Repo Rate increased by 250 bps during FY23 and tops pre-pandemic levels. In April 2023, RBI paused repo rate hike. • The Indian ru

8%

mic levels. In April 2023, RBI paused repo rate hike. • The Indian rupee depreciated during FY23 by 8%. Inflation and the US Federal Reserve’s sharp interest rate hikes have put the rupee under pressur

15%

cement in both rural and infra • Good rabbi production to strengthen rural demand • Home loans grew 15% in FY23, as against 12.9% in FY22, according to data from the Reserve Bank of India (RBI) • Increas

12.9%

infra • Good rabbi production to strengthen rural demand • Home loans grew 15% in FY23, as against 12.9% in FY22, according to data from the Reserve Bank of India (RBI) • Increased allocation in Budget 20

66%

from the Reserve Bank of India (RBI) • Increased allocation in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outl

79,000 crore

Reserve Bank of India (RBI) • Increased allocation in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: `

33%

in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: ` 2.4 lakh crores, out of which south has go

“WHRS capacity of 8 MW in Kurnool was commissioned during FY 2022-23 and the balance 4 MW will be commissioned in May 2023.”

“TPP of 18 MW and railway siding will be commissioned in FY24.”

“The remaining two units in AP & Odisha will be commissioned during FY24.”

Corporate Office

2

Cement demand from

1

Corporate Office

Auras Corporate Centre, V Floor, 98-A, Dr. Radhakrishnan Salai, Mylapore, Chennai - 600 004, India. Tel : +91 44 2847 8666 Fax: +91 44 2847 8676 Website : www,ramcocements.in Corporate Identity Number: 126941TN1957PL0003566 THE RAMCO CEMENTS LIMITED 18 May 2023 National Stock Exchange of India Limited, Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai —400 051. Scrip Code: RAMCOCEM BSE Limited, Floor 25, "P.J.Towers", Dalal Street, Mumbai —400 001. Dear Sirs, Scrip Code: 500260 Sub: Investor Update Pursuant to Regulation 30, read with Schedule III of LODR, we enclose a copy of the Investor Update on the performance of the Company for the quarter and year ended 31st March 2023, being shared at the Investors' Meets. Thanking you, Yours faithfully, For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY End l : As above Registered Office: `Ramamandiram% Rajapalayam - 626 117, Tamil Nadu INNOVATE DIFFERENTIATE SUSTAINABLE FOR A BETTER TOMORROW Chengalpattu Grinding Plant, Tamil Nadu

Cement demand from

 B2C segment remained flat;  B2B segment has grown  Overall demand improved Share of premium products in 4QFY23 & FY23: 28% Share of premium products in 4QFY23 & FY23: 16% Margins were under pressure Prices have improved in East / North East Volume share for 4QFY23: 76%; FY23: 75% Volume share for 4QFY23: 24%; FY23: 25% Company’s strategy of right cement for right applications yielding positive results. The company continue to focus on this to make its brand more stronger While long term prospects of profitability look promising, the short term outlook is expected to improve from 2QFY24 The Ramco Cements Limited Investor Update 4QFY23 Sales & Capacity utilization 66% Utilization 4QFY22 Sales (Lac Tons) +46% +29% 47.00 32.27 36.37 4QFY22 4QFY23 3QFY23 85% Utilization 4QFY23 OPC % for FY22: 29%; B2B % for FY22: 29% OPC % for FY23: 30%; B2B % for FY23: 34% 57% Utilization FY22 +35% 150.25 111.40 73% Utilization FY23 Sales include Dry Mortar Products The Ramco Cements Limited FY22 FY23