RKFORGENSE1 May 2026

Ramkrishna Forgings Limited has informed the Exchange about Investor Presentation

Ramkrishna Forgings Limited

RAMHKRISHNA FORGINGS LIMITED

Date: 1 May, 2026

To The Listing Department BSE Limited PJ Towers Dalal Street Mumbai - 400 001

To The Listing Department National Stock Exchange of India Limited “Exchange Plaza” C-1, Block G Bandra- Kurla Complex, Bandra (E) Mumbai- 400051

BSE SCRIP CODE: 532527

NSE SYMBOL: RKFORGE

Dear Sir / Madam,

Sub: Announcement under Regulation 30 of the SEBI (Listing Obligati Presentation

Inve

Please find enclosed herewith the copy of the Q4 & FY26 Earnings Presentation of the Company for the Quarter and Year ended 31 March, 2026.

This is for your kind information and records.

Thanking You.

Yours truly, For Ramkrishna Forgings Limited

Rajesh Mundhra Company Secretary & Compliance Officer ACS: 12991

Encl.: As above

REGISTERED & CORPORATE OFFICE 23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA PHONE : (+91 33)4082 0900 / 7122 0900, FAX : (+91 33)4082 0998 / 7122 0998, EMAIL : info@ramkrishnaforgings.com, WEB : www.ramkrishnaforgings.com CIN NO. :L74210WB1981PLC034281

Innovation Engineered For Excellence

Investor Presentation

Q4 & FY26

Safe Harbor

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ramkrishna Forgings Limited (the “Company’), have been prepared 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 has been prepared by the Company 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.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward- looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness

Investor Presentation – May 2026

Contents

About Ramkrishna Forgings

Our Commitment

Update on Subsidiary and Joint Venture

Q4 & FY26 Financial Overview

Investor Presentation – May 2026

Q4 & FY26 Financial Overview

MD’s Insights and Reflections

We are pleased to report a strong performance in Q4 FY26, reflecting sustained momentum across key end-user industries

and a steady scale-up in newer business lines. We have reported consolidated revenues of ₹1,217 crore in Q4, higher by

11% on a QoQ basis and by 28% on a YoY basis. Profit Before Tax improved to ₹64 crore in Q4 as against ₹30 crore in the

previous quarter. Business conditions improved meaningfully during the quarter and are expected to strengthen further in

the coming periods. Domestic demand remains robust across key segments, supporting healthy capacity utilisation and

operational momentum. On the export side, we have witnessed a recovery notwithstanding disruption and volatility earlier

in the year. Customer demand is reviving steadily even after factoring in tariff-related developments and recent geopolitical

disruption.

Our core Commercial Vehicle business continues to remain resilient, while our diversification strategy is delivering tangible

results. Railways has emerged as a meaningful contributor, alongside oil & gas, off-highway, and mining segments. This

expanding presence across non-auto sectors is strengthening the quality and resilience of our earnings profile.

We have also concluded the consolidation of entities into RKCSL, with capacities now fully available for scale-up of

production, creating opportunities for greater operating efficiencies and economies of scale.

Looking ahead, FY27 is poised to be a strong year for the Company. A healthy order book provides strong revenue visibility,

while improving demand conditions, better operating leverage, continued diversification, and disciplined capital allocation

position us well for continued long-term value creation for all stakeholders.

MR. NARESH JALAN MR. NARESH JALAN

Investor Presentation – May 2026

Key Performance Indicators (Standalone)

Revenue*

EBITDA* & EBITDA Margin (%)

PBT & PBT Margin (%)#

Y-O-Y 33%

Q-O-Q 15%

1,07,785

80,962

93,960

Y-O-Y 107%

Q-O-Q 33%

18,509

13,868

8,936

Q4 FY25

Q3 FY26

Q4 FY26

Q4 FY25

Q3 FY26

Q4 FY26

3,63,430

3,75,492

11.0%

14.8%

17.2%

16%

56,643

48,934

Q-O-Q 151% 6,901

2,752

-1,766

Q4 FY25

(2.2%)

12,070

Q3 FY26

Q4 FY26

2.9%

6.4%

12,640

FY25

FY26

FY25

13.5%

FY26

15.1%

FY25

3.3%

FY26

3.4%

*Excluding Other Income; Note: Rounded off to the nearest whole number. # PBT is before exceptional Items

(₹ in lakhs) 6

Investor Presentation – May 2026

Key Performance Indicators (Consolidated)

Revenue*

EBITDA* & EBITDA Margin (%)

PBT & PBT Margin (%)#

Y-O-Y 28%

Q-O-Q 11%

1,21,678

94,721

1,09,852

Y-O-Y 111%

Q-O-Q 27%

20,819

16,337

9,850

Q-O-Q 117%

6,433

2,969

-2,338

Q4 FY25

Q3 FY26

Q4 FY26

Q4 FY25

10.4%

Q3 FY26

14.9%

Q4 FY26

17.1%

Q4 FY25

Q3 FY26

Q4 FY26

(2.5%)

2.7%

5.3%

4,03,411

4,23,808

15% 64,270

14,879

55,956

24%

11,258

FY25

FY26

FY25

13.9%

FY26

15.2%

FY25

3.7%

FY26

2.7%

*Excluding Other Income; Note: Rounded off to the nearest whole number. # PBT and PBT Margin is before exceptional Items, PBT and PBT Margin for the quarter was impacted by ₹10.4 crore due to elimination of profits of ₹5.9 crore from subsidiaries and loss of ₹4.5 crore from the Mexico subsidiary

(₹ in lakhs) 7

Investor Presentation – May 2026

Volumes and Realisation

Forgings*

Volume (tons)

Realisation (₹ Lac/ton)

Volume (tons)

Realisation (₹ Lac/ton)

Y-O-Y 36% 51,747

12,942

46,437

11,612

34,825

38,805

38,127

12,565

25,562

2.46

2.30

2.40

1.77

1.80

1.85

Y-o-Y 11%

1,82,746

50,557

1,32,189

1,65,251

58,900

1,06,351

Q4 FY25

Q3 FY26

Q4 FY26

Q4 FY25

Q3 FY26

Q4 FY26

FY25

FY26

2.52

1.86

FY25

2.32

1.82

FY26

Castings*

Volume (tons)

Realisation (₹ Lac/ton)

Volume (tons)

Realisation (₹ Lac/ton)

Y-O-Y 17%

Y-O-Y 12%

4,061

4,450

4,739

1.36

1.46

14,768

16,602

1.43

1.45

Q4 FY25

Q3 FY26

Q4 FY26

Q4 FY25

Q3 FY26

Q4 FY26

FY25

FY26

FY25

FY26

*Note: Forgings volumes and realisation is for RKFL Castings volumes and realisation is for RKCSL

Domestic Markets

Export Markets

Investor Presentation – May 2026

Revenue Breakup

Total Revenue Breakup (₹ Lakhs.)

Particulars

Q4 FY26

Q4 FY25

YoY

Q3 FY26

QoQ

FY26

FY25

YoY

Domestic Markets

75,208

49,346

52%

66,209

14%

2,54,153

2,12,053

20%

Export Markets

31,872

30,936

27,112

18%

1,18,655

1,48,209

20%

Other Income & Export Incentive

1,045

1,685

38%

940

11%

4,581

5,032

Total

1,08,125

81,967

32%

94,261

15%

3,77,389

3,65,294

Note: Data is on standalone basis unless stated otherwise.

Investor Presentation – May 2026

Capacity Utilization

Particulars

Installed Capacity

Production (MT)

Q4 FY26

Q3 FY26

Q4 FY25

FY26

Production (MT)

Utilization (%)*

Production (MT)

Utilization (%)*

Production (MT)

Utilization (%)*

Ring Rolling

24,000

26,372

7,268

121%

6,013

100%

7,349

122%

Forgings

70,350

43,626

12,241

Press

Casting

2,39,050#

124,257

35,504

62,400#

26,024

7,190

Total Capacity

3,95,800#

220,279

62,203

70%

68%

85%

74%

11,626

32,729

6,584

56,952

66%

74%

78%

74%

11,766

27,517

5,520

52,152

83%

65%

66%

73%

Utilization (%) has been calculated on installed capacity on Annualized basis; # Press Capacity of 217,050 MT is in Ramkrishna Forgings Limited and 22,000 MT is in Ramkrishna Casting Solutions Limited. Casting Capacity of 33,600 MT is in Ramkrishna Casting Solutions Limited and 28,800 MT is in Ramkrishna Forgings Limited. # Capacity increased in Ramkrishna Forgings Limited

• •

Added Press line Capacity of 3,000MT on January 20, 2026, and 40,000MT on March 06, 2026. Added Casting Capacity of 28,800 MT on March 31, 2026

# Capacity increased in Ramkrishna Casting Solutions Limited

•

Added Press line Capacity of18,000 MT on December 31, 2025

Investor Presentation – May 2026

Diversified Product Portfolio

Revenue Break-up

Domestic Auto

Railways

Mining, Earth Moving & Farm Equipment

Miscellaneous (Industrial Components, Steel, Cement & Power)

Total Domestic

Exports - Auto

Exports - Others

Of Which Oil & Gas

Total Export

Total Revenue

FY22

FY23

FY24

FY25

FY26

39.2%

41.9%

39.7%

40.8%

47.0%

1.7%

4.1%

9.8%

2.7%

4.5%

9.4%

3.6%

4.5%

9.7%

4.6%

4.8%

9.0%

7.5%

5.9%

8.0%

54.8%

58.5%

57.5%

59.2%

68.4%

39.1%

35.9%

37.4%

37.2%

26.7%

6.1%

0.9%

5.6%

1.3%

5.1%

1.3%

3.6%

0.4%

4.9%

0.2%

45.2%

41.5%

42.5%

40.8%

31.6%

100.0%

Rounded off to the nearest whole number. Numbers are on standalone basis unless stated otherwise.

Investor Presentation – May 2026

Export Break Up by Geography

Particulars (₹ in crores)

Q4 FY26

Q3 FY26

Q4 FY25

FY26

FY26 (%)

FY25

FY25 (%)

North America

Europe

Asia & others

Total

208.73

107.42

2.57

150.57

119.52

1.03

219.81

86.56

3.00

688.12

489.83

8.61

318.72

271.12

309.36

1,186.55

58.0%

41.3%

0.7%

100%

1,056.42

413.51

12.16

1,482.09

71.3%

27.9%

0.8%

100%

Numbers are on standalone basis unless stated otherwise.

Investor Presentation – May 2026

Cashflow Snapshot

Particulars (₹ in Crore)

EBITDA including Other Income

Less Interest paid

Change in Working Capital

Decrease in trade receivables

Decrease in inventories

Increase in Other assets

Increase in Other Liabilities

Net cash released from Working Capital

Net Capital Expenditure during the year

Investment in JV including loss

Proceeds from Issue of Warrants

Dividend and Tax Paid

Net Cash Outflow during the year

Opening Debt (net of Cash)

Closing Debt (net of Cash)

Closing Debt (net of Cash and net of bill discounting)

211

(57)

FY26

645

(210)

178

(879)

(87)

202

(28)

(180)

1,993

2,172

1,990

Peak debt (net of cash and bill discounting during the year was ₹ 2,407 crore as on 30th September 2025

Investor Presentation – May 2026

Order Wins in Q4 & FY26

Non Auto , 260

Q4- FY26 ₹ 594 Cr

Auto, 334

Railways - Casting, 200

Railways, 119

Non Auto, 632

FY26 ₹ 3,074 Cr

Auto , 2,123

Auto

Non Auto

Auto

Non Auto

Railways

Railways - Casting

During Q4, the Company secured new orders worth ₹594 crore, with a program life of 4 years.

Approximately 56% of these orders were from the automotive segment and the balance 44% from the non-automotive segment, reflecting continued progress in the Company’s diversification strategy.

In Q4FY26, Auto orders amounting to ₹323 Crores is in CV Segment and ₹11 Crores is in EV Segment.

In Q4FY26, Non-Auto orders amounting to ₹258 Cores out of ₹260 Crores is in Energy segment.

Investor Presentation – May 2026

New Order Wins in Standalone Business (in ₹ Crores)

Last 3 years New orders

3,897

2,664

3,074

New orders split over next 4 years

2,854

2,636

2,595

New Orders 9,635

Ramp up for new Orders

1,550

FY24

FY25

FY26

FY27

FY28

FY29

FY30

Note:- Projected sales is from new orders only

Investor Presentation – May 2026

Well Positioned to Capture Future Growth

Over the last four years, the Company has invested ₹3,676 crore across forging, casting, machining and new growth platforms. With major capacities now commissioned / nearing completion, the Company enters the next phase focused on utilisation ramp-up, operating leverage and profitable growth.

Strategic Platform Created

Capacity & Capability Expansion

FY27+ Earnings Drivers

Ramp-up of newly commissioned forging and casting capacities

333,400 MT forging capacity (incl. 43,000 MT added in Q4FY26)

Higher utilisation from domestic CV / PV / industrial demand / Oil & Gas

•

Aluminium forging operations commenced

78,600 MT casting capacity (incl. 28,000 MT added in Q4FY26, 16,200 MT to be added in Q1FY27)

Machining footprint strengthened

• Capital Deployment •

₹3,131 crore — Forging, Casting & Machining

•

₹300 crore — Acquisitions / Strategic Facilities

₹245 crore — Rail Wheel Platform

New product wins across domestic and export markets

Railways opportunity: Assembling Boogies for LHB and Vande Bharat

Operating leverage as new assets scale up

Margin improvement via richer product mix and scale efficiencies

Improving asset turns — stronger returns profile

Revenue Growth

Margin Expansion

ROCE Improvement

Stronger Free Cash Flow

Investor Presentation – May 2026

Poised for Stronger Cash Generation and Improved Return Ratios

Revenue Growth

Driven by 333,400 MT forging capacity, 62,400 MT casting capacity, and a strong order book.

Margin Expansion

Driven by RKCSL synergies, ACIL tax shields, and scale efficiencies.

ROCE Improvement

Stronger Free Cash Flow

Improving asset turns as heavy capex phase ends and greater focus on sweating of fixed assets.

With a phased deleveraging of balance sheet over next 2- 3 years, RKFL is set for robust cash generation.

Investor Presentation – May 2026

Track Record of Growth

Revenue CAGR: +18.4%

4,03,411

4,23,808

Export Revenue CAGR: +31.0%

1,48,788

1,21,225

28,496

75,206

1,21,647

FY10

FY15

FY20

FY25

FY26

35,124

43,882

1,604

FY10

FY15

FY20

FY25

FY26

EBITDA CAGR: +18.3%

64,270

55,956

PAT CAGR: +12.5%

20,729

13,010

4,366

FY10

FY15

FY20

FY25

FY26

1,089

FY10

7,541

FY15

970

FY20

41,503

** 18,737

* 8,347

14,419

7,180

FY25

FY26

Note: Revenue and EBITDA excluding Other Income. Figures in Lakhs unless mentioned otherwise. Rounded off to the nearest whole number. Data is on consolidated basis unless stated otherwise.

* Profit/gain on sale of Discontinued operations ** DTA on account of merger with ACIL during FY25.

(₹ in lakhs)

Investor Presentation – May 2026

Income Statement

Particulars (₹ in lakhs) Revenue from Operations Cost of Goods Sold Gross Profit Gross Profit Margin Employee Cost Power and Fuel Other Expenses EBITDA EBITDA Margin Other Income Depreciation EBIT EBIT Margin Finance Cost Profit before exceptional items and Tax Profit before exceptional items and Tax Margin Exceptional Items Profit before share of profit / (loss) of joint ventures and tax Share of loss of joint venture Profit before Tax Tax Profit After Tax Profit for the year from continuing operations Profit after tax for the period from discontinued operations Profit After Tax

FY22 2,32,025 1,16,073 115,952 50.0% 12,724 15,240 36,289 51,699 22.3% 146 16,935 34,910 15.0% 9,590 25,320 10.9% - 25,320 - 25,320 5,517 19,803 - 19,803

FY23 3,19,290 1,61,053 158,237 49.6% 15,772 18,792 54,441 69,232 21.7% 396 20,164 49,464 15.5% 12,020 37,444 11.7% - 37,444 - 37,444 12,633 24,811 - 24,811

FY24 3,70,454 1,86,156 184,298 49.7% 18,838 22,719 65,450 77,291 20.9% 2,807 25,721 54,377 14.7% 14,555 39,822 10.7% - 39,822 -69 39,753 11,465 28,288 833 29,121

FY25 4,03,411 1,99,955 203,456 50.4% 24,981 24,596 97,924 55,955 13.9% 2,639 27,128 31,466 7.8% 16,586 14,880 3.7% - 14,880 -111 14,769 -18,386 33,155 8,348 41,503

FY26 4,23,808 2,16,205 2,07,603 49.0% 25,883 24,686 92,764 64,270 15.2% 1,312 33,289 32,293 7.6% 21,035 11,258 2.7% -1,072 10,186 -1,785 8,401 1,221 7,180 - 7,180

Note: Rounded off to the nearest whole number Data is on consolidated basis unless stated otherwise.

Investor Presentation – May 2026

Balance Sheet

Particulars (₹ in lakhs) Net block (Tangible assets) Intangible assets Investments Right-of-use assets Other non-current assets Total non ‐ current assets Inventories Investments Trade receivables Cash and cash equivalents Other current assets Total current assets Total assets Total equity Borrowings Lease liabilities Other non-current liabilities Total non-current liabilities Borrowings Lease liabilities Trade payables Other current liabilities Total current liabilities Total equity & liabilities

FY22 1,56,577 628 - 3,063 7,446 1,67,714 70,912 5,500 89,061 3,842 11,334 1,80,649 3,48,363 1,07,839 86,907 2,283 9,058 98,248 72,205 432 60,818 8,821 1,42,276 3,48,363

FY23 1,74,772 608 - 2,963 9,661 1,88,004 90,691 - 77,522 4,730 12,097 1,85,040 3,73,044 1,32,176 75,759 2,054 16,034 93,847 54,974 553 79,151 12,343 1,47,021 3,73,044

FY24 2,33,411 12,720 6,306 18,313 22,677 2,93,427 1,04,995 5,207 84,994 17,703 19,454 2,32,353 5,25,780 2,63,388 76,665 7,564 22,843 1,07,072 35,172 1,253 1,01,663 17,232 1,55,320 5,25,780

FY25 3,15,712 12,271 17,928 21,011 38,052 4,04,974 1,25,429 887 97,535 2,018 24,886 2,50,755 6,55,729 3,03,737 1,08,269 8,640 7,585 1,24,494 93,007 2,733 1,08,022 23,736 2,27,498 6,55,729

FY26 3,77,636 11,935 23,719 20,250 39,480 4,73,020 1,24,615 359 79,493 16,290 24,018 2,44,775 7,17,795 3,29,040 1,61,557 7,573 6,459 1,75,589 71,947 3,801 1,14,463 22,955 2,13,166 7,17,795

Note: Rounded off to the nearest whole number; Data is on consolidated basis unless stated otherwise

Investor Presentation – May 2026

Cash Flow Statement

Particulars (₹ in lakhs) Cash Flow from Operating Activities Profit before share of profit / (loss) of joint venture and tax from continuing operations Profit before tax from discontinued operations Adjustment for Non-Operating Items Operating Profit before Working Capital Changes Changes in Working Capital Cash Generated from Operations Less: Direct Taxes paid Net Cash from Operating Activities – Continuing Operations Net Cash from Operating Activities – Discontinued Operations Net Cash from Operating Activities – Continuing & Discontinued Operations Cash Flow from Investing Activities – Continuing Operations Cash Flow from Investing Activities – Discontinued Operations Cash Flow from Investing Activities – Continuing & Discontinued Operations Cash Flow from Financing Activities – Continuing Operations Cash Flow from Financing Activities – Discontinued Operations Cash Flow from Financing Activities – Continuing & Discontinued Operations Net increase/ (decrease) in Cash & Cash equivalent – Continuing Operations Net increase/ (decrease) in Cash & Cash equivalent – Discontinued Operations Net increase/ (decrease) in Cash & Cash equivalent – Continuing & Discontinued Operations Add: Cash and cash equivalents as at 1st April Cash and cash equivalents as at closing

Note: Rounded off to the nearest whole number; Data is on consolidated basis unless stated otherwise

FY22

FY23

FY24

FY25

FY26

25,320 - 24,674 49,994 -40,938 9,056 -4,750 4,306 -

4,306

-35,442 - -35,442 28,019 - 28,019 -3,117 -

-3,117

6,735 3,618

37,444 - 27,992 65,436 15,926 81,362 -6,834 74,528 -

74,528

-29,919 - -29,919 -43,774 - -43,774 835 -

835

3,617 4,452

39,823 1,130 34,077 75,030 2,441 77,471 -13,127 63,146 -1,040

62,106

-1,11,861 116 -1,11,745 62,649 -149 62,500 13,934 -1,073

12,860

4,453 17,313

14,879 9,918 28,394 53,191 -36,204 16,987 -13,652 3,335 -80

3,255

-91,172 - -91,172 72,185 22 72,207 -15,652 -58

-15,710

17,313 1,603

8,401 - 52,873 61,274 23,720 84,994 -1,018 83,975 -

83,975

-92,859 - -92,859 23,504 - 23,504 14,620 -

14,620

1,603 16,223

Investor Presentation – May 2026

About Ramkrishna Forgings

One Stop Solution Provider

Warm forging

Gear Grinding

Fabrication

Casting

Hot Forging

Cold Forging

Machining

Aluminium Forging

Hammer & Upsetter Facilities

Ring Rolling

Press & Press Lines

Providing solutions to

Commercial Vehicles

Railways

Mining, Earth Moving & Farm Equipment

Industrial Components, Steel, Cement & Power

Electric Vehicles

Passenger Vehicles

Oil & Gas

Investor Presentation – May 2026

Our Global Presence

Revenue By Geography

Europe 13.0%

FY26

India 68.4%

North America 18.3%

Others 0.2%

% Share – FY26

Exports

31.6%

Domestic

68.4%

*Note: Data is on standalone basis unless stated otherwise

Investor Presentation – May 2026

Headquarters & Manufacturing facilities Headquarters – Kolkata 19 manufacturing facilities • Jamshedpur – 16 plants (RKFL – 7 plants, MAPL – 3 plants & RKCL – 6 plants)

• Howrah –West Bengal – 1 plant • Manesar – 1 plant • Monterrey – Mexico – 1 Plant

Sales & support services: • Detroit, USA • Sao Paulo, Brazil • Istanbul, Turkey • Monterrey & Toluca,

Mexico • Milan, Italy • Degerfors, Sweden

Warehousing facility: • Shelbyville, USA • Hagerstown, USA • Indianapolis, USA • Monterrey, Mexico • Turin, Italy

• Toluca, Mexico • Puebla, Mexico • Westerlo, Belgium • Riverside MI, USA • Verona, Italy

Update on Subsidiary and Joint Venture

Update on Rail Wheel Project

Ramkrishna Forgings & Titagarh Rail Systems Consortium has received an LOA for the manufacturing and supply of forged wheels to Indian Railways.

Ramkrishna Forgings holds a 51% stake in the JV and is the lead partner for the project.

The JV is setting up Asia’s 2nd largest wheel manufacturing facility in India with annual capacity of 228,000 forged wheels.

The ₹2,000 crore project is being funded through a mix of debt and equity. ₹480 crore of equity has been infused as of March 31, 2026.

The Chennai, Tamil Nadu facility is progressing as per schedule, with construction nearing completion.

All major machinery has been delivered, with final commissioning underway.

Key lines including the rotary hearth furnace, forging & rolling, and heat treatment are installed and ready for hot commissioning.

Installation of the Machining & Testing Line has been completed, with commissioning expected by the first week of May 2026.

Cold commissioning of the Forging Line has been completed, and hot trials are expected to commence by the first week of May 2026. Product samples are expected to be submitted by the end of May 2026.

Commercial operations are expected to commence by the end of June 2026.

Investor Presentation – May 2026

Update on Mexico Facility

Ramkrishna Forgings Limited has acquired a company in Mexico, now operating as Ramkrishna Forgings Mexico S.A. de C.V.

in The company has Monterrey, Mexico, where machining operations and warehousing activities have already commenced.

leased a manufacturing facility

Initial machining operations are being undertaken on equipment supplied by a North American customer, using forgings also sourced from the same customer.

All machines, fixtures and tooling for the project have been received and successfully installed at the facility.

Trial production has commenced and PPAP approvals for the products have been received.

Bulk commercial production is expected to commence from the second week of May.

Investor Presentation – May 2026

Our Commitment

Our ESG Vision - Delivering shared value to the planet and people

RKFL’s 5 Pillars of Sustainability

VALUABLE PARTNERSHIPS

ENVIRONMENTAL CONSCIOUSNESS

REWARDING WORKPLACE

EMPOWERED COMMUNITIES

ROBUST GOVERNANCE

We are aligned with 9 United Nations Sustainability Development Goals

Investor Presentation – May 2026

Key Sustainability Highlights

Where Growth Meets Green: Progress Update for FY20261

40% Increase in Recycled Wastewater

Increase in Renewable Energy Consumption

113%

Increase in rainwater harvesting

Increase in Energy Intensity

Decrease in waste intensity

Decrease in waste generated

Decrease in waste disposed

1 Note: The above is year-on-year update on ESG performance

Permanent employees trained on Human Rights

99.2%

Permanent employees trained on ESG

44.6%

Decrease in Scope 1 Emissions Intensity

6.9%

Marginal Increase in Scope 2 Emissions Intensity

0.2%

Marginal Increase in Emission Intensity

Signed a multi-year MoU to support our endeavor to reduce Scope 1 and Scope 2 by 50% by 2028 in alignment with European green deal and CBAM.

Investor Presentation – May 2026

Key Sustainability Highlights Where Growth Meets Green: Progress Update for Q4 FY20261

34% Increase in Recycled

Wastewater

11% Increase in Renewable Energy Consumption

100%

Increase in rainwater harvesting

8.3%

Decrease in Energy Intensity

48%

Decrease in waste intensity

Decrease in waste generated

Decrease in waste disposed

41%

16%

1 Note: The above is year-on-year update on ESG performance

99.2%

Permanent employees trained on Human Rights

Permanent employees trained on ESG

99.2%

Investor Presentation – May 2026

Our Goals and Initiatives Committed to preserving and protecting the environment and supporting the local community

Our Goals and Target Year

Achieve Net Zero

2040

Progress 2% increase in emissions intensity

GHG Emissions & Energy Management

Achieve 100% Renewable Energy

2033

16% increase In RE mix

Water Management

Achieve Zero Liquid Discharge (ZLD) across all plants

Achieve 100% water recycling

Waste Management

Reduce total waste generation by 50%

Employee Wellbeing

Train 100% employees on ESG

Train 100% employees on Human Rights

Community Support

Launch a flagship CSR program across all plants

2030

2025

2030

18% increase in wastewater recycling

46% decrease in waste intensity

99.2% Permanent employees trained

Community Upliftment through infrastructure, healthcare and waste management

Key Initiatives Power Quality & Energy Efficiency Enhancements:

HT-side RTPFC system commissioned, resulting in a significant improvement in power factor from 0.992 to 0.999, enhancing electrical efficiency and reducing reactive power losses.

Optimized contract demand to improve energy efficiency.

Higher solar electricity generation through better solar-panel management practices like regular cleaning cycles and robust maintenance protocols.

Reduction in Emissions Across Operations:

Electrification of Furnaces: Shifted to low-emission electric furnace operations, significantly reducing Scope 1 emissions while resulting in a marginal increase of Scope 2 emissions

RKFL is committed to reduce its overall Scope 1 and Scope 2 by 50% by 2028. As a part of this initiative, we plan to electrify majority of our furnaces, significantly lowering Scope 1 emissions. In parallel, to address Scope 2 emissions, we will progressively increase our procurement of renewable energy, ensuring a more sustainable and resilient energy mix in the coming years.

Key Water Management Initiatives:

Improved RO recovery efficiency from 42% to 46%, enhancing overall water-use efficiency.

Reuse of cooling tower blowdown by routing it to the ETP, resulting in freshwater savings of 4-5% on a yearly basis.

Optimized chemical dosing to reduce cooling tower blowdown, improving water efficiency and achieving water savings of 5-6% on an annual basis.

Installed an online Multi-Grade Filter (MGF) system in the open-loop cooling tower, improving water quality and enabling freshwater savings of 0.1-0.5% yearly

Pipeline modification improved STP efficiency, raising treated water recovery to 60% (from 50%).

Waste Reduction Initiatives Driving Efficiency:

Waste intensity per unit of production reduced by 46%, reflecting more sustainable manufacturing practices.

9R Waste Management framework across all plants.

Advancing Employee Well-being:

Trained contractual employees on ESG and Human Rights principles to foster responsible practices

Ongoing Human Rights Due Diligence to assess and strengthen ethical standards across Aluminium operations at plant

Earned ‘Great Place to Work’ certification for the second year in a row, with recertification in progress for current financial year, demonstrating sustained commitment to workforce excellence.

Strengthening Community Infrastructure and Well-being:

Ongoing installation of street lighting from Kandra Toll Plaza to Kharkhai Bridge and Adityapur, covering approximately 15.10 km, with an estimated cost of Rs. 320 lakhs

Conducted health camps to ensure accessibility of healthcare services to local and backward communities

Blood donation camp organized at Plant 1 enabling a total collection of 308 units of precious blood .

Installation and maintenance of dustbins to improve solid waste management and encourage responsible waste segregation in Jamshedpur

Implemented a road safety infrastructure initiative on the Kandra–Saraikela corridor, including installation of retro-reflective radium signage on road guardrails and controlled traffic regulation measures, along with marked crosswalks at seven high-traffic locations

Investor Presentation – May 2026

Conference Call Details

Q4 & FY26 EARNINGS CALL

Time

Pre-registration

HOSTED BY:

4 PM IST on Monday, 4th May 2026

To enable participants to connect to the conference call without having to wait for an operator, please register at the below mentioned link:

Investor Presentation – May 2026

Thank You

Mr. Lalit Kumar Khetan (Whole Time Director & CFO)

Ramkrishna Forgings Limited

Email: lalit.khetan@ramkrishnaforgings.com

Mayank Vaswani / Mit Shah

CDR India

Tel: +91 98209 40953 / +91 99201 68314

Email: mayank@cdr-india.com / mit@cdr-india.com

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