JKCEMENT

JKCL/SE/2026-27/44 July 18, 2026 BSE Ltd. National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai-400001 Bandra (E), Mumbai-400051 Through : BSE Listing Centre Through : NEAPS Scrip Code: 532644 Scrip Code: JKCEMENT Dear Sir/ Madam, Sub: Outcome of Board Meeting held today i.e. July 18, 2026 - Investor Presentation In continuation to our Letter No. JKCL/SE/2026-27/43 dated July 18, 2026, submitting the Un-audited Standalone and Consolidated Financial Results of J. K. Cement Limited (the “Company”) for the First Quarter and Three Months ended June 30, 2026 (“Financial Results”), please find enclosed herewith the Investor Presentation on Financial Results. The said Presentation shall also be uploaded on the website of the Company www.jkcement.com. You are requested to kindly take the above on record. Thanking you. Yours faithfully, For J. K. Cement Limited (Bhumika Sood) Company Secretary & Compliance Officer Encl: As above Q1 FY27 Investor Presentation Cementing the nation. Building a sustainable future. Agenda 01 50+ years 40+ years Macro and sectoral overview in grey cement in white cement 02 Company overview 03 Business highlights 04 Financial performance 05 ESG updates 06 CSR and awards Investor Presentation Q1 FY27 01 Macro and sectoral overview The landscape shaping growth Structural upward trajectory for the sector Macro and sectoral overview The landscape shaping growth Indian 6.6 Cement ~730 % MTPA economy industry GDP growth (projected for FY27) Installed capacity − Among fastest-growing economies − Demand growth 7- 8% annually − Infrastructure-led growth − Capacity expansion across India − Strong domestic demand − Healthy utilisation Demand Housing Infrastructure Industrial and drivers commercial Share in cement 57% 30% 13% consumption Key growth enablers − PMAY-U and PMAY-G − Increased capex by Government of India − Favourable policies like PLI in budget FY27 across core infrastructure segments − Strong rural demand − Strong private sector investments and projects − Favourable interest rates & Lower GST rates − Growing commercial real estate demand 4 Macro and sectoral overview Structural upward trajectory for the sector Infrastructure Segment Infrastructure capex for the upcoming Government capex push Housing Segment Infrastructure capex for FY ‘27 is estimated to be 17.7% higher than last fiscal, largely Continued focus on roads, railways, Recovery in rural demand and driven by the Government’s focus on urban infrastructure and energy stable urban real estate demand ensuring logistics efficiency projects & green energy Budget Allocation for Roads Budget 2026–27 PMAY- G Target for FY 27 Rs 3.10 Lakhs crores allocated for Road & Public infrastructure capital 20 million additional rural houses Highways , further Rs 1.22 Lakhs crores expenditure raised to ₹12.2 lakh construction to support rural allocated for Road infrastructure crore housing demand Rs 1.87 Lakhs crores allocated to NHAI including pending Bharatmala projects Execution pipeline Industrial Segment PMAY –U Target for FY 27 Average annual industrial capex to be Strong project pipeline ensuring 10 million additional houses around Rs 7.1 Lakhs crores with PLI & long-term demand visibility construction to support urban emerging sectors as major contributor housing demand 5 Investor Presentation Q1 FY27 02 Company overview Among India's top five cement manufacturers Progressing steadily towards 50 MTPA by FY30 Securing strategic raw material resources Projects in progress Company overview Among India's top five cement manufacturers 32.3 3.1 ~91,000 MTPA MTPA Grey cement capacity White cement and wall putty capacity Dealers and retailers (including 0.42 MTPA in subsidiary) (including 0.60 MTPA in subsidiary) 342.3 119.3 223.0 MW MWh MW Green power capacity Waste heat recovery system Captive solar and wind capacity PO RTFO LIO Grey cement White cement Wall putty Tile adhesives Gypsum plaster Construction Paints and grouts chemicals 7 S C A LE Company overview Progressing steadily towards 50 MTPA by FY30 Grey cement capacity 14.7 24.3 32.3 40 50 MTPA MTPA MTPA MTPA MTPA 2021* 2025* 2026* FY28 FY30 *As of 31st March 7 MTPA 10-12 MTPA − Greenfield expansion − Brownfield expansion at Jaisalmer at Muddapur and Panna (next leg of expansion) − Split grinding unit at Bikaner and Bhatinda − To be commissioned by H1 FY28 Planned capex of ₹5,000-6000 crore in the next two years 8 Company overview Securing strategic raw material resources Mahan Coal Block West of Shahdol Coal Block Dommarnandyala Block-3 Kishanpura Limestone Block Madhya Pradesh Madhya Pradesh Andhra Pradesh Rajasthan ~70 MT ~26 MT ~550 MT ~100 MT Reserve Reserve Reserve Reserve Parewar Sn-III Itauri -Jharkua Rajasthan Madhya Pradesh ~200 MT ~ 50 MT Reserve Reserve Mahan Coal block development work to start during this financial year 9 Company overview Projects in progress: 7 MTPA grey cement expansion in North India Jaisalmer 4 MTPA clinker and 3 MTPA cement capacity Rajasthan − Ordering & Engineering completed − Civil construction , mechanical and erection work is progressing as per schedule ₹3,630 crore Project cost ₹1162 crore Expenditure (YTD Jun-26) H1 FY28 Scheduled commissioning Kiln Line Work Preheater Cement Silo 10 Company overview Projects in progress: 7 MTPA grey cement expansion in North India Bikaner 2 MTPA split grinding unit Rajasthan − Ordering & Engineering work completed − Civil construction & mechanical work is progressing ₹565 crore Project cost ₹181 crore Expenditure (YTD Jun-26) H1 FY28 Scheduled commissioning Clinker Silo Cement Silo Cement Mill 11 Company overview Projects in progress: 7 MTPA grey cement expansion in North India Bhatinda 2 MTPA split grinding unit Punjab − 100% land has been acquired and approvals for EC/CTE excepted by Sep’26 − Major plant and equipment ordering completed ₹610 crore Project cost ₹85 crore Expenditure (YTD Jun-26) H1 FY28 Scheduled commissioning 12 Company overview Projects in progress: Wall putty capacity expansion in North India Nathdwara 6 lakh MT wall putty plant Rajasthan − Construction is nearing completion − Commissioning expected in this month ₹195 crore Project cost ₹140 crore Expenditure (YTD Jun-26) Q2 FY27 Scheduled commissioning Dolomite Silo Hopper Building 13 Investor Presentation Q1 FY27 03 Business highlights Q1 FY27 snapshot Robust growth across parameters Benchmark operational performance Strong sales volume Consistent growth Business highlights Robust volume growth , however reduced profitability due to cost pressure Q1 FY27 (Standalone) 5.96 0.54 MT MT Grey cement volume White cement volume 18% 29% 3,866 639 ₹ crore ₹ crore Revenue from Operations EBITDA 21% 5% 982 17 RMC Plant under operations ₹ Paints Business Net Revenue above EBITDA per tonne Rs 125 crores 20% VAP Business growing significantly YoY change 15 Business highlights Benchmark operational performance Q1 FY27 (Grey Standalone) 75 76 67 5,065 % % % ₹ / tonne Cement Clinker Blended cement Net sales realisation Capacity utilisation vs. 65% in Q4 FY26 vs. ₹4,841 / tonne in Q4 FY26 69 18 5 95 % % % % Trade mix Premium products Rail Road vs. 68% in Q4 FY26 of trade sales Dispatch mix 16 Business highlights Strong sales volume Grey business White business Combined (lakh tonne) (lakh tonne) (lakh tonne) 2% 19% 5% 11% 3% 18% QoQ YoY QoQ YoY QoQ YoY 0.3 0.4 0.7 1.5 6.5 6.1 0.1 1.3 5.5 61.3 59.6 5.4 61.5 60.1 50.6 5.0 50.6 4.2 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Standalone Subsidiary Grey White Double Digit Volume growth due to ramp up of 6 MTPA expansion , commissioned in H2FY26 and White business volumes also grew due to impact on imports from UAE 17 Business highlights Consistent growth (standalone) (₹ crore) Particulars Q1 FY27 Q4 FY26 QoQ (%) Q1 FY26 YoY (%) 3,020 2,965 2% 2,499 21% Grey net sales 652 572 14% 495 32% White net sales 3,672 3,537 4% 2,994 23% Total net sales 639 670 5% 673 5% Combined EBITDA Price increase and growth in White business due to lower imports have been able to neutralize the impact of cost increase on account of geopolitical situation. However, EBIDTA is marginally lower due to abnormally high maintenance activity during the quarter 18 Business highlights Consistent growth (consolidated) (₹ crore) Particulars Q1 FY27 Q4 FY26 QoQ (%) Q1Y26 YoY (%) 3,044 2,980 2% 2,502 22% Grey net sales 918 846 9% 740 24% White net sales 3,962 3,826 4% 3,242 22% Total net sales 648 682 5% 688 6% Combined EBITDA 19 Investor Presentation Q1 FY27 04 Financial performance Key cost variables Razor sharp focus on cost Financial statements Steady debt profile Financial performance Key cost variables Pet coke cost (6.5% Sulphur USA CFR) ($/MT) 162 156 137 135 124 118 118 118 117 117 112 110 109 107 102 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Imported pet coke price started declining from the peak in Apr’26 21 Financial performance Key cost variables Grey standalone Fuel cost Fuel cost (₹/kcal) (₹/MT) 3% Flat 3% 1% QoQ YoY QoQ YoY 1.53 1.53 1.48 778 771 753 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Increased due to Pet coke prices Impact of higher pet coke prices partly offset by mix change 22 Financial performance Razor sharp focus on cost Grey standalone Lead distance Logistics cost (kms) (₹/MT) Flat 4% 3% 2% QoQ YoY QoQ YoY 436.00 418.00 418.00 1,315 1,288 1,281 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 YOY Lead distance is lower on account of Increase in diesel price due to geopolitical situation commissioning of Bihar GU 23 Financial performance Razor sharp focus on cost Standalone Employee cost Other expenses (₹/MT) (₹/MT) Flat 3% 18% 20% QoQ YoY QoQ YoY 1,025 409 395 395 872 852 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 YOY - Employee cost is lower due to higher volumes Increased mainly due to higher maintenance and packaging cost 24 Financial performance Financial statement (Standalone) (₹ crore) Particulars Q1 FY27 Q4 FY26 QoQ (%) Q1 FY26 YoY (%) Net sales 3,786 3,614 5% 3,068 23% Revenue from operations 3,866 3,684 5% 3,190 21% Operating expenses 3,227 3,014 7% 2,517 28% EBITDA 639 670 5% 673 5% Margins % 16.9% 18.5% 1.6% 21.9% 5% Depreciation 144 157 8% 125 15% Finance cost 112 96 16% 106 6% Other income 40 43 6% 56 28% Profit before tax 423 460 8% 498 15% (after exceptional item) Provision for tax 132 115 15% 165 20% Profit after tax 291 345 16% 333 12% EPS (₹) 37.6 44.5 16% 43.0 12% EBITDA (₹/MT) 982 1,012 3% 1,229 20% 25 Financial performance Financial statement (Consolidated) (₹ crore) Particulars Q1 FY27 Q4 FY26 QoQ (%) Q1 FY26 YoY (%) Net sales 3,962 3,826 4% 3,242 22% Revenue from operations 4,032 3,888 4% 3,353 20% Operating expenses 3,384 3,205 6% 2,665 27% EBITDA 648 683 5% 688 6% Margins % 16.3% 17.8% 1.5% 21.2% 4.9% Depreciation 167 182 9% 146 14% Finance cost 114 98 17% 109 5% Other income 39 41 5% 56 30% Profit before tax 406 444 8% 489 17% (after exceptional item) Provision for tax 132 113 17% 165 20% Profit after tax 275 331 17% 324 15% EPS (₹) 35.9 43.1 17% 41.9 14% 26 Financial performance Steady debt profile Gross debt Cash Net debt Equity (₹ crore) (₹ crore) (₹ crore) (₹ crore) 8% 4% 15% 4% 5,551 1,765 7,252 3,864 6,961 1,686 3,370 5,136 31st March 2026 30th June 2026 31st March 2026 30th June 2026 31st March 2026 30th June 2026 31st March 2026 30th June 2026 1.69x 0.53x Net Debt / EBITDA Net Debt/ Equity as on 30th June 2026 as on 30th June 2026 27 Investor Presentation Q1 FY27 05 ESG updates ESG recognition and external validation Progressing towards our sustainability goals ESG updates ESG recognition and external validation 76/100 67 Member ESG score in S&P Global DJSI ESG score by NSE Sustainability in S&P Global DJSI Yearbook 2026 – CSA Assessment Ratings Analytics (JK Cement emerged as the highest rated cement company) A A- B CDP supplier engagement CDP water security score CDP climate change score assessment score 29 ESG updates Progressing towards our sustainability goals Specific Gross Scope 1&2 Green power mix Thermal substitution rate Water positivity CO emission 2 (%) (%) (times) (kg/tonne of cementitious material) 580 19 6 3 FY20 (Base year) 530 53.5 11.29 4.9x YTD June 26 Due to Lower Clinker Production 71% of Target achieved Improvement over base year Almost achieved 532 75 35 5 FY30 (Target) 30 Investor Presentation Q1 FY27 06 CSR and awards Driving inclusive growth Building resilient communities Awards and accolades CSR and awards Driving inclusive growth ₹11.7 crore CSR spend in YTD June26 Education Health Community development 44 ₹5.09 crore ₹5.34 crore ₹1.27 crore Spend Spend Spend CSR spend split (%) − Contribution to School for − Medical camps, mobile − Vocational training for secondary education medical units and safe women, livestock drinking water improvement, rural − Contribution to University for 45 entrepreneurship, community 11 higher education − Contribution to IIT-K for infrastructure and welfare setting up 500 bed super speciality hospital − Promoting green initiatives and plantation drive 32 CSR and awards Building resilient communities Education Health Social development Mobile medical units in nearby villages Medical camp in areas near plant Model school development, Panna Water Tanker provided for Locals Vocational skill development Construction of CC Road, Nimbahera Cattle breeding programme, Panna Adarsh Farming contribution, Aligarh 33 CSR and awards Awards and accolades Jt. MD Madhavkrishna Singhania ji was honoured at the 2026 ASK Nimbahera IU received Golden Peacock Award 2026 at India's 27th Private Wealth Hurun India Forum & Awards International Conference on Environment Management & Climate Change 34 Thank you Registered Office Kamla Tower, Kanpur, Uttar Pradesh, India 208001 Telephone: 0091-512-2371478 Email: investor.relation@jkcement.com Website: www.jkcement.com