Analysts/Institutional Investor Meet/Con. Call Updates

ARDEE POWERING TOMORROW WITH RECYCLED RESOURCES Certifi ied 3rd September, 2026 To To Sr. General Manager Sr. General Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street Exchange Plaza, C-1, Block G Mumbeai - 400 001 Bandra Kurla Complex Bandra (E), Mumbai - 400 051 BSE Scrip Code: 544860 NSE: ARDEE Dear Sir/Madam, Subject: Transcript of Earnings Conference Call for Investors and Analyst Meet for the quarter ended 30t June, 2026 Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of Analysts/Investors conference call held on August 31 2026, on the Un-audited financial results of the Company for the quarter June 30, 2026. The said transcript is also available on the Company’s website at https:/ /ardeeindustries.com/investors Please receive the above in order and acknowledge. Thanking you, For Ardee Industries Limited MANISH i Een KUMAR RAI Do Manish Rai Company Secretary & Compliance Officer Membership No. A17173 Email: cs@ardeeindustries.com ARDEE INDUSTRIES LIMITED (formerly known as ARDEE INDUSTRIES PRIVATE LIMITED) Registered office: Khasra No. 340, 1st & 3rd Floor, Village Sultanpur, Mehrauli, Gadaipur, New Delhi, South West Delhi, DL-110030 INDIA Faclory AddreP sh so :n Pe l: o t0 81 A1 &- 4 87 B,6 0 (0 Bl2 o1 c4 k B| ) E I- nm da ui stl r: i ai ln f Po a@ ra k r Nd ae ie di un pd eu ts ,t r Mi ee ns a.c ko um r | V iC lI lN a: ge ,U 2 Ti4 r2 up9 a4 tiD L A1 nd9 h9 r3 aP L PC ra4 d0 e5 s8 h 0 54 2 4126 INDIA Emoil ID: inquiry@rdeeindusiries.com | Website: www.ardeeindustries.com ARDEE \OWERING TOMORROW WITH RECYCLED RESOURCES “Ardee Industries Limited Q1 FY27 Earnings Conference Call” August 31, 2026 MANAGEMENT: MR. SANDEEP AGGARWAL — CHAIRMAN & MANAGING DIRECTOR MR. NIKUNJ AGGARWAL — WHOLE-TIME DIRECTOR MR. ARUN KUMAR MALLIK — CHIEF FINANCIAL OFFICER MODERATOR: MS. AASHVI SHAH - ADFACTORS PR (INVESTOR RELATIONS) Page 1 0f13 ARDEE Ardee Industries Limited August 31, 2026 Ladies and gentlemen, good day and welcome to the Q1 FY27 Eamings Conference Call of Moderator: Ardee Industries Limited. As a reminder, all participant lines will be in the listen-only mods, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then Zero on your touchtone phene. Tnow hand the conference over to Ms. Aashvi Shah from Adfactors PR. Thank you, and over to you, Aashvi. Good evening, everyone. On behalf of Ardec Industries, I welcome you to the Earnings Aashvi Shah: Conference Call for Q1 FY27. Joining us today from the management are Mr. Sandecp Aggarwal, Chairman and Managing Dircetor; Mr. Nikunj Aggarwal, Whole-Time Director; and M. Arun Kumar Mallik, CFO. The carnings presentation has been uploaded on the exchanges as well as the company website. You may refer to it as we walk you through the opening remarks and discussion during the call. ‘We will begin today's call with opening remarks from the management, following which we will open the floor for Q&A. Before we begin, I would like to remind cveryone that certain statements made during this call may be forward-looking in nature. These statements are based on certain risks and wncertainties, and management is not compelled to give any undertaking basis these statements. With that, I would now like to hand over the call to Mr. Sandeep Aggarwal to share his opening remarks. Thank you, and over to you sir. Sandeep Aggarwal: Thank you for joining Ardee Industries Limited's first camings call following our successful listing on the BSE and NSE. On behalf of the entire Ardee team, [ would like to welcome all our sharcholders, investors, analysts, and other stakeholders. The listing is an important milestone for us, but we sce it more as the beginning ofa new phase in our journey. T would like to begin the call by giving an overview of the company. Ardee Industrics has been in the sccondary metal industry with a focus on recycling lead and manufacturing refined lead and specialized lead alloys. We have built our business around three principles: quality, reliability, long-term customer relationships. Today, we are one of the leading players in the circular conomy with a focus on recovering the recycling end-of.life storage-battery products and non-ferrous serap. Our operations are built around an integrated recycling model where we source recyclable lead-based serap and used lead acid batterics, process and refine these materials, and manufacture high-purity lead and customized lead alloys for a wide range of applications. Our manufacturing capability has also expanded significantly. As of June 30, 2026, our installed capacities stood at 1,56,950 MTPA, expansion from 1,04,025 MTPA. The expansion became cffective from May 29, 2026, and provides us with a substantially larger platform to support our future growth. Page 2 0f 13 ARDEE Ardee Industries Limited August 31, 2026 We belicve the long-term opportunity for recycled lead remains attractive because the underlying demand is broad-based and structural. A significant portion of recycled lead is used in lead acid batterics, which have applications across automobiles, backup power, telecom, and renewable energy storage. The circular nature of our business also provides an cconomic and environmental advantage. From perspective, this is not simply a commodity opportunity, it is an opportunity built around recurring end-market demand, availability of recyeled raw material, and economic advantage of circular production model. Our export revenue has grown significantly from approximately Rs. 81.6 crores in FY24 to Rs. 465 crores in FY26. We currently export to cight countries. Our recent empanelment of Ardee lead 99.97 brand with London Metal Exchange is an important step in this dircction. The IME listing strengthens our global eredibility, provides access to transparent intemational pricing benchmarks, and enhances our ability to engage with new international customers. We also have the Ardee brand listed on MCX in India, which further strengthens our domestic market presence. We sce these platforms as important enablers as we continue to deepen our existing international relationships and expand our presence in global markets. Finally, we will continue to invest in sustainable recycling infrastructure and technology with a focus on improving recovery rates, scaling our operations, and maintaining the circular cconomy foundations of our business. Our objective is to build Ardee into a leading global player in the circular cconomy, while continuing to remain disciplined on quality, customer relationships, operational efficiency, and financial performance. With that, I would like to hand over to our CFO, Mr. Arun Kumar Mallik, who will take you through our financial performance for the quarter in greater detail. Thank you, sir. Good evening, everyone, and thank you for joining us. I will take you through Arun Kumar Mallik: Ardee Industries' financial performance for Q1 FY27, followed by key operational developments during the quarter. Let me begin with the headline financial performance. For Q1 FY27, we reported revenue of Rs. 338.8 crores, representing YoY growth of 35.2% compared with Rs. 250.6 crores in Q1 FY26. The growth was supportebdy healthy demand across our product portfolio and a strong customer offtake. EBITDA for the quarter stood at Rs. 33.8 crores, compared with Rs. 33.9 crores in Q1 FY26. EBITDA margin was 10%. Profit before tax stood at Rs. 26.7 crores, registering growth of 5% YoY. Profit after tax was Rs. 19.9 crores. Growth is 6% YoY, with a PAT margin of 5.9%. Sales volume during the quarter stood at 17,645 metric tons, compared with 15,529 metric tons in Q1 FY26. This reflects the continued growth in cu [Showing first 8,000 characters — download PDF for full document]