Grasim Industries Limited

₹1,59,663

ck record of consistent growth Q2Y26 Highlights Revenue (₹ crore) EBITDA (₹ crore) Revenue TTM ₹1,59,663 Cr. EBITDA TTM ₹22,873 Cr. PAT^ TTM ₹4,288 Cr. Consolidated Standalone Consolidated Standalo

₹22,873

wth Q2Y26 Highlights Revenue (₹ crore) EBITDA (₹ crore) Revenue TTM ₹1,59,663 Cr. EBITDA TTM ₹22,873 Cr. PAT^ TTM ₹4,288 Cr. Consolidated Standalone Consolidated Standalone Standalone % in Conso

₹4,288

Revenue (₹ crore) EBITDA (₹ crore) Revenue TTM ₹1,59,663 Cr. EBITDA TTM ₹22,873 Cr. PAT^ TTM ₹4,288 Cr. Consolidated Standalone Consolidated Standalone Standalone % in Consolidated Standalone %

20%

n Consolidated Standalone % in Consolidated 1,48,478 1,59,663 20,837 20,023 22,873 1,30,978 20% 25,847 21% 31,563 22% 35,880 17% 3,573 14% 2,857 14% 3,133 FY24 FY25 TTM FY24 FY25

21%

d Standalone % in Consolidated 1,48,478 1,59,663 20,837 20,023 22,873 1,30,978 20% 25,847 21% 31,563 22% 35,880 17% 3,573 14% 2,857 14% 3,133 FY24 FY25 TTM FY24 FY25 TTM MARKET

22%

% in Consolidated 1,48,478 1,59,663 20,837 20,023 22,873 1,30,978 20% 25,847 21% 31,563 22% 35,880 17% 3,573 14% 2,857 14% 3,133 FY24 FY25 TTM FY24 FY25 TTM MARKET LEADERSHIP I

17%

dated 1,48,478 1,59,663 20,837 20,023 22,873 1,30,978 20% 25,847 21% 31,563 22% 35,880 17% 3,573 14% 2,857 14% 3,133 FY24 FY25 TTM FY24 FY25 TTM MARKET LEADERSHIP INNOVATION SU

14%

478 1,59,663 20,837 20,023 22,873 1,30,978 20% 25,847 21% 31,563 22% 35,880 17% 3,573 14% 2,857 14% 3,133 FY24 FY25 TTM FY24 FY25 TTM MARKET LEADERSHIP INNOVATION SUSTAINABILITY

4.9%

26 Q2FY26 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 In IIP, Manufacturing sector grew at average of 4.9% in Q2FY26, higher than Q2FY25 growth rate of 3.3% India Merchandise Exports in Q2FY26 grew by 9%

3.3%

In IIP, Manufacturing sector grew at average of 4.9% in Q2FY26, higher than Q2FY25 growth rate of 3.3% India Merchandise Exports in Q2FY26 grew by 9% YoY to $108.7 bn › Textiles and Chemicals sector

9%

.9% in Q2FY26, higher than Q2FY25 growth rate of 3.3% India Merchandise Exports in Q2FY26 grew by 9% YoY to $108.7 bn › Textiles and Chemicals sector de-grew by ~1% each on YoY basis › › Export

1%

andise Exports in Q2FY26 grew by 9% YoY to $108.7 bn › Textiles and Chemicals sector de-grew by ~1% each on YoY basis › › Exports of Chemical & Related products grew by 6.3% YoY Exports of Texti

“This presentation does not solicit any action based on the material contained herein, and 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 should not be relied upon as a recommendation or forecast by the Company.”

“The Company cannot guarantee that these assumptions and expectations are accurate or will be realised.”

Product innovation highlights

1

Investments

1

Product innovation highlights

› Pivot Vault enabled with proactive risk insights and real- time decisioning › Pivot Edge interprets unstructured purchase enquiries, accelerating lead qualification and response velocity Ongoing enhancement of logistics platform to replicate B2C fulfillment excellence › Powered by real-time tracking and smart delivery modules Working capital and credit platforms scaling as per plans › Proprietary credit system offering tailored lending solutions in collaboration with Banks and NBFCs Grasim Industries Limited | Q2FY26 29 Building Materials Q2FY26 Financial Performance Revenue (₹ crore) EBITDA (₹ crore) 23,733 22,253 45,986 17,342 36,793 4,291 7,240 2,950 4,790 1,900 Q2FY25 ^ Q1FY26 Q2FY26 ^ H1FY25 H1FY26 ^ Q2FY25 Q1FY26 Q2FY26 ^ H1FY25 H1FY26 Revenue grew by 28% YoY to ₹22,253 Cr. led by all-round performance across Cement, Paints and B2B businesses Cement revenue grew by 20% YoY to ₹19,607 Cr. with incremental revenue from Paints and B2B Ecommerce businesses EBIDTA grew by 55% YoY to

Investments

UltraTech Cement (Subsidiary) AB Capital (Subsidiary) Solar Subsidiaries ABSLAMC, ABHI & ABW Other Equity Accounted Investees Liquid Investments Vodafone Idea Other Investments Investment of Insurance Business Assets held to cover Linked Liabilities Loans & Advances of Financing Activities Assets held for Sale Other Assets, Loans & Advances APPLICATION OF FUNDS Net Debt / (Surplus) Grasim Industries Limited | Q2FY26 30th Sep 2025 30th Jun 2025 22,134 22,198 3,314 1,374 3 42,215 2,636 18,847 1,253 - 613 5,302 2,697 10,866 - - - - 11,212 80,251 6,861 3,281 1,330 3 40,161 2,636 18,847 923 - 613 4,260 2,465 10,417 - - - - 11,243 78,216 7,153 30th Sep 2025 1,20,326 19,095 3,079 21,482 30th Jun 2025 1,18,805 18,308 3,096 21,374 1,10,319 1,09,371 - - - 8,847 1,163 10,532 2,697 21,392 65,688 39,595 1,69,130 154 46,922 530,102 38,596 - - - 9,049 1,126 11,429 2,465 20,584 64,718 39,928 1,59,256 150 45,945 5,16,233 35,138 40 Annexure Grasim Group Structure GRASIM INDUSTRIES LIMITED CELLULOSIC FIB