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Investor Presentaiton

Raw Material Cost Trend Raw Material cost (Rs./mt) Q1 18 501 Q3FY21 37 538 Q3FY22 Conversion ratio and Flyash Price Index 113 111 106 103 102 100 Q3 21 Q2 22Q3 22 Conversion Ratio Index (Clinker to cement) Flyash Price Index Above numbers are for Grey Cement - India YoY cost increase : 7% . • Increase in flyash, gypsum prices • Improved Clinker to Cement conversion ratio by ~1% YoY cost increase : 4% Increase in flyash, gypsum and HSD prices ADITYA BIRLA UltraTech 18
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