Analysts/Institutional Investor Meet/Con. Call Updates

Date: September 25, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phirozee Jeejeeboy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400001. Bandra (East), Mumbai – 400051 Scrip Code: 544891 Symbol: HTEL ISIN: INE0LEG01024 ISIN: INE0LEG01024 Dear Sir/ Ma’am, Subject: Earnings Call Transcript – Q1 FY2026-27 Dear Sir/ Madam, We are enclosing herewith a copy of the transcript of the Company’s Q1 FY2026-27 earnings conference call held on September 22, 2026. The transcript is also available on the Company’s website at https://www.hy-techengineers.com/investor-meet-earning-call.php We request you to kindly take the above information on record. Thanking you. Yours faithfully, For HY-TECH ENGINEERS LIMITED Sai Yashwant Ranadive Company Secretary & Compliance Officer Membership No.: A67683 CIN No. - L99999MH1978PLC020853 “Hy-Tech Engineers Limited Q1 FY27 Earnings Conference Call” September 22, 2026 CIN N o. - L99999 MH1978PL C 0 2 0 8 5 3 MANAGEMENT: MR. HEMANT MONDKAR – CHAIRMAN AND MANAGING DIRECTOR – HY-TECH ENGINEERS LIMITED MR. SUNIL SATWANI – CHIEF FINANCIAL OFFICER – HY-TECH ENGINEERS LIMITED Page 1 of 26 Hy-Tech Engineers Limited September 22, 2026 CIN No. - L99999MH1978PLC020853 Moderator: Ladies and gentlemen, good day and welcome to the Q1 FY27 Earnings Conference Call for Hy-Tech Engineers Limited. The management will be sharing the key operating and financial highlights for the quarter ended June 30, 2026, followed by a question and answer session. Please note that some of the statements made in today’s discussion may be forward-looking in nature and may involve risk and uncertainties. Documents relating to the company’s financial performance are available on the stock exchange and the company’s website. Trust you have been able to go through the same. As a reminder, all participant lines will be in the listen-only mode, 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 “*” and then “0” on a touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Hemant Mondkar, Chairman and Managing Director. Thank you, and over to you, sir. Hemant Mondkar: Thank you, Yusuf. Good morning and welcome, all of you. I am Hemant Mondkar, Chairman and Managing Director of Hy-Tech Engineers. First of all, I would like to extend warm welcome to all of you for the first earnings call as a listed company to discuss our Quarter 1 FY27 performance. I want to begin by thanking you, all shareholders, investors, and stakeholders, for the overwhelming response to our IPO and for the trust you have placed in Hy-Tech Engineers. We have successfully listed on NSE and BSE on 1st of September, marking an important milestone in our journey. While the listing represents a new chapter for the company, our focus remains firmly on the fundamentals that have been built over more than four decades. Before discussing the quarter, I would briefly tell you the history of Hy-Tech Engineers and the business that we have built. Hy-Tech Engineers was established in December 1978, and we started with a very small shop of 1,000 square feet with one lathe, one drill machine, one hacksaw. And over the last four decades, we have now developed into a very strong engineering company and manufacturing in hydraulic fittings, and we have extremely good, longstanding relationship with almost all the leading OEMs in India as well as few of them from USA and Europe. We are specializing in hydraulic fittings. Now, these hydraulic fittings are normally used in all the equipments like construction equipments, that is excavators, loaders, backhoe loaders, then it is also used in tractors, it is also used in injection molding machines. So, majority of equipments which are running on hydraulic systems, these fittings are consumed. Initially, these fittings were imported from Germany and other parts of Europe, like Italy and in India, we started this manufacturing this as an import substitute, so that gives us a tremendous amount of impetus for increasing the business, and it was an import substitute item, and that’s the reason why Hy-Tech is always enjoying a major share of domestic business. Page 2 of 26 Hy-Tech Engineers Limited September 22, 2026 CIN No. - L99999MH1978PLC020853 These components in the equipment are relatively very small, maybe 1% or 2% of the equipment cost will be our fittings. So, all OEMs say they are C-category items, but I always say that C stands for low-cost, at the same time, C stands for critical. These hydraulic fittings are extremely critical in nature, and you should not have any leakages or any problems. And it has to withstand very high pressures, so the criticality of manufacturing of this fitting is very, very important, and that is the reason we stand out in the market. Today, we have a portfolio of almost 11,000 SKUs, different, and different types of fittings we are manufacturing. Quite a few are DIN standard fittings, which are which are as per German standards, then we have SAE, JIC standard, which are American standards, and then we have ORFS, that is O-ring Face Seal fittings, which are required in the tractor element. Majority of them are standard, and 80% of our business is for standard fittings, and 20% are specifically made for OEMs. Key strength of our business is our manufacturing facility, which is ranging right from forging till final plating, and we don't have to depend anyone outside for manufacturing of fittings. So, it's an end-to-end integrated manufacturing facility that gives us flexibility of responding to our customers in time, and even our development time is hardly two weeks. Within two weeks, we can develop a new fitting and give it to our customers. This response is also helping us in getting more and more OEMs. Only thing what we purchase today is the steel procurement, which we are buying from majority of mills directly. We are not buying it from the trading market, and most of it is available domestically. We don't have to import any material. Our business got developed through patronage of OEMs. I would not like to name the companies, because I am not supposed to, but all the major customers manufacturing tractors, excavators, injection molding machines, all of them are our customers, and we are a leading company in Indian market, and our turnover is far, far higher than our competitors. Our next competitor is less than half our turnover. So, we are enjoying this leading position in the market. We have around 170 direct customers and more than seven active distributors, and we have got a presence across 11 countries for the export. Majority of that is in USA, and second number is Europe. And some part, we are supplying also to Dubai, very limited quantity, but that is the business which can grow over a period of time. The US business we started somewhere in 2012, and now, we have touched almost about 25% of our business is going to USA. And around 7% to 8% to Europe, and there is a tremendous amount of scope for increasing this business, especially in Europe, because Europe, there are no tariff restrictions like what we have in USA because of today's President. But in Europe, we have got plenty of chance to grow. The cost of manufacturing in Europe is very high, and we are almost about 25% cheaper on landed prices to Europe. So, that gives us a benefit, and a lot of people are coming from Europe to India, and they are coming to us. Second advantage what we have is the domestic OEMs what we have, they also have plants abroad. For instance, I'll give you an example. A company called John Deere, they have plants, Page 3 of 26 Hy-Tech Engineers Limited September 22, 2026 CIN No. - L99999MH1978PLC020853 almost 8 to 10 plants in Europe and about 47 plants in USA. And this business is goin [Showing first 8,000 characters — download PDF for full document]