Analysts/Institutional Investor Meet/Con. Call Updates

Date: October 05, 2026 National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 NSE Scrip Symbol: PRASOLCHEM BSE Scrip Code: 544912 Dear Sir/Madam, Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Transcript of Quarterly Earnings Conference Call held for Q1 FY27 results With reference to our letter dated September 24, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of the conference call with analysts and investors held on Tuesday, September 29, 2026 to discuss the Q1 FY27 results. The transcript is also being uploaded on the company’s website at https://www.prasolchem.com/investor- relations/ We request you to please take the same on record. Thanking You, Yours Sincerely, FOR PRASOL CHEMICALS LIMITED KIRAN RAJENDRA AGRAWAL Company Secretary & Compliance Officer Membership No. : A13188 Encl: a/a “Prasol Chemicals Limited Q1 FY27 Earnings Conference Call” September 29, 2026 “E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on 29th September 2026 will prevail.” MANAGEMENT: MR. NISHITH SHAH – CHAIRMAN AND WHOLE-TIME DIRECTOR MR. GAURANG PARIKH – MANAGING DIRECTOR MR. DHAVAL PARIKH – JOINT MANAGING DIRECTOR MR. PANKIL DHARIA – WHOLE-TIME STRATEGY AND BUSINESS DEVELOPMENT DIRECTOR MR. RAHUL SHROFF – CHIEF FINANCIAL OFFICER MODERATOR: MR. NITIN AGARWAL – DAM CAPITAL ADVISORS Page 1 of 22 Prasol Chemicals Limited September 29, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Prasol Chemicals Q1 FY27 Earnings Conference Call hosted by DAM Capital Advisors. Please note that this conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this conference call. These statements are not guarantee of the future performance and may involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need any assistance during this conference, please signal for an operator by pressing star followed by zero on your touchtone telephones. Please note that this conference call is being recorded. I now hand the conference over to Mr. Nitin Agarwal from DAM Capital Advisors. Thank you, and over to you, sir. Nitin Agarwal: Thank you, Farah. Good morning, everyone, and a very warm welcome to Prasol Chemicals Limited's Q1 FY27 post-earnings call hosted by DAM Capital Advisors Limited. On the call today, we have representing Prasol Chemicals Limited management: Mr. Nishith Shah, Chairman and Whole-Time Director; Mr. Dhaval Parikh, Joint Managing Director; Mr. Rahul Shroff, Chief Financial Officer; and other members of the management team. I will hand over the call to Mr. Nishith Shah for the opening comments, and then we will open the floor for questions. Please go ahead, sir. Nishith Shah: Thank you, Nitin, and the entire DAM Capital team for hosting this call. Good morning, everyone, and a very warm welcome to our first ever earnings call to discuss the operational and financial performance for Q1 FY27. Joining with me is our Managing Director, Gaurang Parikh; our Whole-Time Director and Business Leader, Mr. Pankil Dharia; our CFO, Mr. Rahul Shroff; and SGA, our Investor Relation Advisor. We are pleased today, just days after our listing on the stock exchange on 16th September 2026, a defining milestone in our journey. First, I would like to thank our employees whose commitment have built this organization brick-by-brick and taken it to a global footprint over the last three decades. I would also like to thank our partners, vendors, customers, and investors who have placed their trust in us and stood by us in good and in challenging times as well. We are grateful to all the stakeholders for the strong response to our IPO, which was listed recently. I would take this opportunity, as this being the first call, to run through the background of where we started so that everyone is on board. And then, I'll come to the to hand it over to Gaurang and Rahul to discuss on the financials of the company. But before that, I thought it's important, being the first call, that I run through the background of the company. Page 2 of 22 Prasol Chemicals Limited September 29, 2026 Basically, I'm Nishith Shah. I'm the Chairman and the Whole-Time Director. Our Managing Director, Mr. Gaurang Parikh. Dhaval Parikh is the Joint Managing Director. Pankil Dharia is the Whole-Time Strategy and Business Development Director. And Rahul Shroff is the CFO and the Finance Director. You'll be happy to know that all the Directors have been with the company -- like Gaurang has been for 25 years. He started as a summer intern and then went to US, came back to India, and has joined the company ever since and then went up the ladder based on his input to the organization. Dhaval Parikh has been with the organization for the last 19 years and growing. Pankil has been for 15-plus years. Rahul has been with the company for last three years. All of them are double graduates, have graduated from US, working in various multinationals before joining Prasol. So, they bring back the culture of a multinational and the value system thereof to Prasol. As this you would have seen in our presentation, that we are dealing with 150-plus specialty chemical products. We have 1,600-plus customers. The top 10% of our customers constitute to about 24%, 25% of our turnover. We export to 60-plus countries, 69-plus. We have two manufacturing units, one at Khopoli, one at Mahad. We have a small distribution setup which we are trying to do in Gujarat, in Saika. And our turnover, as of last year, was INR1,200 crores-plus with ROCE of 21-plus. And our debt-to-equity, which post-IPO as of today, we have paid off all the debt for which the IPO we had mentioned that we'll be using INR60 crores towards the debt repayment. This is just to give you a brief on the two sites. You know, we started with a four-acre land, years back when I started in 1992 and thereafter. And then, every year, with whatever money we earned, we kept on buying land because our previous MD, Mr. Guptaji, with whom I started this unit, always said, "If you have money purchase land. Projects will come if you have land." And adjoining connected land has been the biggest base on which Prasol has grown from where it is to where it is today. We also then decided to diversify and have one more location rather than putting all eggs in Khopoli itself. So, Khopoli grew from 4 acres to 32 acres. And Mahad also we started with 10 acres, then we bought another 10 acres. And only about less than a month back, we bought another 10 acres, all in a single row. So, now we have 20 acres surplus of land for our future expansion at Mahad, plus we have about 10, 12 acres in Khopoli for our expansion program, which is lined up. We as a company truly believe, and that has been our philosophy from day one. We have been blessed by Warren Buffett, I must say, that diversification is humility applied to uncertainty. And in today's time, you would have seen many multinationals also looking at more and more diversification for stability. Our company has been looking at diversification from day one, you know, from the time we started earning our first rupee. And it reminds me of the day when my first rupee, by doing a job work for Rallis India in the year around 2000, we earned the first INR6 lakh doing job work for Rallis India, where we had Page 3 of 22 Prasol Chemicals Limited September 29, 2026 no money for the raw material. We had bought the fac [Showing first 8,000 characters — download PDF for full document]