Rain Industries Limited

rs,

d several other global industries. We have longstanding relationships with most of our major customers, including several of the largest companies in the global aluminium, graphite and specialty chemicals

₹41.01 billion

ons in supplier or customer operations. 2 Key Highlights – Q4 2023 • Revenue from Operations was ₹41.01 billion • Adjusted EBITDA was ₹2.78 billion • Due to increase in Weighted Average Cost of Capital (WACC),

₹2.78 billion

. 2 Key Highlights – Q4 2023 • Revenue from Operations was ₹41.01 billion • Adjusted EBITDA was ₹2.78 billion • Due to increase in Weighted Average Cost of Capital (WACC), the Company has taken Non- cash Goo

₹7.32 billion

hted Average Cost of Capital (WACC), the Company has taken Non- cash Goodwill Impairment Charge of ₹7.32 billion • Carbon segment performance impacted due to deferred shipments and margin contractions due to de

₹ 181.42 billion

lights – CY 2023 Industry Head-winds impacting revenues and margins • Revenue from Operations was ₹ 181.42 billion for the year • Adjusted EBITDA was ₹ 20.14 billion for the year Completed Refinancing, pushing ou

₹ 20.14 billion

ues and margins • Revenue from Operations was ₹ 181.42 billion for the year • Adjusted EBITDA was ₹ 20.14 billion for the year Completed Refinancing, pushing out maturities to 2028 and 2029 • Repayment of long-t

81 million

ompleted Refinancing, pushing out maturities to 2028 and 2029 • Repayment of long-term debt of US$ 81 million and short-term debt of US$ 50 million • Working capital release of US$ 199 million during the year

50 million

rities to 2028 and 2029 • Repayment of long-term debt of US$ 81 million and short-term debt of US$ 50 million • Working capital release of US$ 199 million during the year 2023 • Capital expenditure of US$ 72

199 million

term debt of US$ 81 million and short-term debt of US$ 50 million • Working capital release of US$ 199 million during the year 2023 • Capital expenditure of US$ 72 million for year 2023 • Liquidity of US$ 505

72 million

on • Working capital release of US$ 199 million during the year 2023 • Capital expenditure of US$ 72 million for year 2023 • Liquidity of US$ 505 million – including cash balance of US$ 268 million 4 Updat

505 million

ion during the year 2023 • Capital expenditure of US$ 72 million for year 2023 • Liquidity of US$ 505 million – including cash balance of US$ 268 million 4 Update on Pet Coke Restrictions in India Allocatio

268 million

ure of US$ 72 million for year 2023 • Liquidity of US$ 505 million – including cash balance of US$ 268 million 4 Update on Pet Coke Restrictions in India Allocation of Raw / Green Petroleum Coke (“RPC / GPC”

“All statements that address expectations or projections about the future, including our statements addressing our expectations for segment volumes and earnings, the factors we expect to impact earnings in each segment, demand for our products, our expected uses of cash, and our expected tax rate, are forward looking statements.”

“• Due to the relief granted by CAQM, there will be an increase in the overall capacity utilization of Company’s CPC Plants.”

Investor Relations Contact

1

Investor Relations Contact

India Email: investorrelations@rain-industries.com Main Phone: +91 40 4040 1234, Direct: +91 40 4234 9870 US Email: investorrelations@raincarbon.com Main Phone:+1 203 406 0535 RAIN is a leading vertically integrated global producer of a diversified portfolio of products that are essential raw materials for staples of everyday life. We operate in three business segments: Carbon, Cement and Advanced Materials. Our Carbon business segment converts the by-products of oil refining and steel production into high-value carbon-based products that are critical raw materials for the aluminium, graphite, carbon black, wood preservation, titanium dioxide, refractory and several other global industries. Our Cement segment consists of two integrated cement plants that operate in the South Indian market, producing two primary grades of cement: ordinary portland cement (“OPC”) and portland pozzolana cement (“PPC”). Our Advanced Materials business segment extends the value chain of our carbon processin