RHI MAGNESITA INDIA LIMITED

13%

incident records, and promoting a strong safety culture. LTIF: 0.01 Q4 FY26 TRIF: 0.14 Q4 FY26 ~13% QoQ 13,000+ Hours of Safety Trainings LTIF: Loss time injury frequency TRIF: Total recordable in

rs,

with operations set to commence in Q1 FY27 ▪ Robotics deployment gaining interest from major customers, with feasibility studies underway across multiple sites ▪ Revenue Growth- Achieved 9% YOY growth an

9%

ajor customers, with feasibility studies underway across multiple sites ▪ Revenue Growth- Achieved 9% YOY growth and record revenues crossing benchmark of ₹4,000 Cr, driven by market share gains in St

₹4,000

multiple sites ▪ Revenue Growth- Achieved 9% YOY growth and record revenues crossing benchmark of ₹4,000 Cr, driven by market share gains in Steel and Iron-making segments ▪ Margins at 12% in FY26 despit

12%

nchmark of ₹4,000 Cr, driven by market share gains in Steel and Iron-making segments ▪ Margins at 12% in FY26 despite a challenging geopolitical environment and persistent inflationary pressures ▪ Reco

₹ 409

llenging geopolitical environment and persistent inflationary pressures ▪ Record cash generation of ₹ 409 Cr during the year strengthened the balance sheet, with Net Debt/EBITDA turning to Net Cash Positiv

₹ 401,995

s FY 2026 vs FY 2025 Revenue from Operations Adjusted EBITDA* Operating Cash Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14

₹ 47,689

FY 2025 Revenue from Operations Adjusted EBITDA* Operating Cash Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14% Working C

₹ 40,910

venue from Operations Adjusted EBITDA* Operating Cash Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14% Working Capital Inte

6%

ations Adjusted EBITDA* Operating Cash Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14% Working Capital Intensity 38

5%

d EBITDA* Operating Cash Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14% Working Capital Intensity 38% 1% Net Debt/

₹ 13,490

Flow Shipment ₹ 401,995 L ₹ 47,689 L ₹ 40,910 L 9% 6% 9% 523 KT 5% Capex Adjusted EPS** ₹ 13,490 L 15% ₹ 8.4 14% Working Capital Intensity 38% 1% Net Debt/EBITDA -0.1X 0.4x Delivering gr

“Receivables: Trade receivables + Contract Assets – Contract Liabilities Particulars Q1 FY26 Q4FY25 Diff Q1FY25 Diff Raw Material 43,978.43 45,703.25 (1,724.82) 35,893.11 8,085.32 96 €109m Sep-25 17% 72,426 75 €66m Sep-25 118,426 114,717 97 €105m Dec-25 100,759 105 €92m Mar-26 Payable days Payable intensity 17% 72,980 78 €67m Dec-25 18% 67,807 86 €62m Mar-26 12 Net Debt Bridge FY26 vs.”

“such as energy The evaluation focuses on key areas conservation, water utilization, reduction of carbon emissions, and overall efforts to minimize environmental impact while promoting sustainable development 32 Customer Validation & Industry Recognition SAIL Award for Social Governance Excellence | FY26”

“We aim to stay No.1 by driving positive change in our industry, and the industries that rely on us.”

Success Highlights

4

Impact delivered

2

Production

1

Shipment

1

Revenue

1

Adjusted EBITDA margin

1

Exceptional Item

1

Slide Owner

1

Data Source

1

Approved by

1

Revenue

▪ -15% vs Q3 FY’26 Other expenses 20,078 21.5% 18,821 17.2% 74,621 18.6% 62,750 17.1% ▪ +9% vs FY’25 Adjusted EBITDA 11,306 12.1% 14,996 13.7% 47,689 11.9% 50,515 13.7% 3,012 3.2% 2,848 2.6% 11,279 2.8% 11,144 3.0%

Adjusted EBITDA margin

Depreciation Adjusted EBITA Amortisation Adjusted EBIT Finance Cost 8,294 8.9% 12,149 11.1% 36,410 9.1% 39,371 10.7% ▪ -25% vs Q3 FY’26 2,104 2.3% 2,099 1.9% 8,424 2.1% 8,848 2.4% 6,189 6.6% 10,050 9.2% 27,987 7.0% 30,523 8.3% 782 0.8% 1,140 1.0% 3,700 0.9% 4,257 1.2% -6% vs FY’25 ▪

Exceptional Item

Profit before exceptional items 5,407 5.8% 8,909 8.2% 24,287 6.0% 26,266 7.1% ▪ Recognition of Impairment of Goodwill on acquired Assets of ₹ Exceptional item 55,710 59.8% 554 0.5% 56,264 14.0% - - 55,624 Lakhs, Profit before Tax -50,303 -54.0% 8,355 7.7% -31,977 -8.0% 26,266 7.1% ▪ Additional Impact of Labor code ₹ 86 lakhs in Q4 FY 26 and ₹ 640 Tax Profit After Tax 11 1,508 1.6% 2,199 2.0% 6,316 1.6% 6,015 1.6% lakhs in FY 26 -51,811 -55.6% 6,156 5.6% -38,294 -9.5% 20,251 5.5%

Approved by

Azim Syed Finance Working Capital intensity and Cash Conversion Geopolitical Disruptions Drive Inventory Build-Up Working capital (₹Lakhs) 39% 37% 38% 38% 32% 156,231 Inventories (₹Lakhs) Inventory days Inventory intensity 29% 107,355 116 €98m Mar-25 28% 27% 105,761 113 €97m Jun-25 110,231 106 €101m Sep-25 23% 98,715 101 €91m Dec-25 29% 109,886 112 €101m Mar-26 142,009 141,411 140,451 142,838 Receivables (₹Lakhs)1 Receivables days Receivables intensity 26% 26% 29% 26% 27% 133 131 127 120 131 €130m €130m €143m €129m €131m 96,819 99 €89m Mar-25 100,024 93 €92m Jun-25 Payables (₹Lakhs) Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 17% 17% Cash conversion intensity Cash Conversion days 62,165 82 €57m Mar-25 64,375 75 €59m Jun-25 1. Receivables: Trade receivables + Contract Assets – Contract Liabilities Particulars Q1 FY26 Q4FY25 Diff Q1FY25 Diff Raw Material 43,978.43 45,703.25 (1,724.82) 35,893.11 8,085.32 96 €109m Sep-25 17% 72,426 75 €66m Sep-25 118,426 114,717 97 €105m Dec-25 100,759 105 €92m Mar

Operational Success

 Ladle Shroud Change  Sampling and temperature  Shroud cleaning  Powder Feeding in Tundish measurements  Open frozen Ladle (O2 Lancing) Commercial Momentum  Successfully operating 2 robots at largest Integrated Steel Plant of India  Expansion discussions underway for new deployments  Technical evaluation with 4-5 big customers in steel industry with multiple robotic solutions  Flexible Purchase / 5-Year Lease model improving customer adoption  Strong execution track record enhancing customer confidence 4PRO is setting new benchmarks in Safety, Automation and Productivity in India. 19 + Safety: Reduced human exposure + Productivity: Faster, uninterrupted operations + Reliability: Consistent execution of repetitive tasks + Innovation: Customized automation Lining Evaluation Scan (LES) Digitalizing kiln Inspections ▪ Rotary kilns are often regarded as a “black box“ ▪ Evaluating the lining thickness is key for optimizing the kiln’s performance. However, this task is regularly don

Record Achievement

 756 heats in EAF, surpassing previous highs of 714 at one of the customer sites  Achieved 377 heats with 100% RHIM bricks and monolithic, a significant improvement over prior cycles (342, 349, 337) Financial & Strategic Impact on our customers:  Enhanced Asset Utilization: Longer furnace life reduced downtime  Cost Efficiency: Lower maintenance and production costs  Operational