Analysts/Institutional Investor Meet/Con. Call Updates

Date: 21.10.2026 To To The Listing Department, The Corporate Relations Department, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra – Kurla Complex, Dalal Street, Bandra East, Mumbai – 400051. Mumbai – 400001. Scrip Code: CCL Scrip Code: 519600 Dear Sir/Madam, Subject: Transcript of the Conference Call held to discuss the results of Q2 FY 2026-27 as required under Regulation 30 of SEBI (LODR) Regulations, 2015 With reference to the above-mentioned subject, we wish to inform that, i) The copy of the Transcript of the Conference call held on Friday, 16th October, 2026, to discuss the results of the second quarter and half year ended September 30, 2026, is enclosed herewith. ii) The Transcript is also uploaded on the Company's Website and the web-link for the same is: https://www.cclproducts.com/wp-content/uploads/2026/10/Q2-Earnings-Call-Transcript- 2026-27.pdf iii) The List of Management attendees is stated in the transcript. iv) No Unpublished Price Sensitive Information was discussed in the call. This is for your information and necessary records. Regards, For CCL PRODUCTS (INDIA) LIMITED Sridevi Dasari Company Secretary & Compliance Officer CCL PRODUCTS (INDIA) LIMITED CORPORATE OFFICE: 8-2-269/4A, Road No. 2, Banjara Hills, Hyderabad- 500034, Telangana, India. +91 40 23730855 REGISTERED OFFICE: Duggirala, Guntur Dist. 522330, A.P., India. | CIN L15110AP1961PLC000874 +918644 277294 | info@continental.coffee | www.cclproducts.com | www.continental.coffee “CCL Products (India) Limited Q2 FY27 Earnings Conference Call” October 16, 2026 MANAGEMENT: MR. PRAVEEN JAIPURIAR – CHIEF EXECUTIVE OFFICER – CCL PRODUCTS (INDIA) LIMITED MR. CHAITHANYA AGASTHYARAJU – CHIEF FINANCIAL OFFICER – CCL PRODUCTS (INDIA) LIMITED MS. SRIDEVI DASARI – COMPANY SECRETARY AND COMPLIANCE OFFICER – CCL PRODUCTS (INDIA) LIMITED MODERATOR: MR. DIPAK SAHA – ASHIKA INSTITUTIONAL EQUITIES Page 1 of 19 CCL Products (India) Limited October 16, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the CCL Products (India) Limited Q2 FY27 Earnings Call hosted by Ashika Institutional Equities. 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 star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference call over to Mr. Dipak Saha from Ashika Institutional Equities. Thank you, and over to you, sir. Dipak Saha: Thanks, Ikra. Good morning, everyone. On behalf of Ashika Institutional Equities, it is indeed a great pleasure to host the Q2 FY27 Earnings Call of CCL Products Limited. Joining us today to discuss the earnings call for the quarter ended 30th September 2026 are Mr. Praveen Jaipuriar, Chief Executive Officer; Mr. Chaithanya Agasthyaraju, Chief Financial Officer; Ms. Sridevi Dasari, Company Secretary and Compliance Officer. We thank the management for giving us the opportunity to host this call. I would now like to hand over the call to Praveen sir for his opening remarks, post which we'll open the floor for Q&A. Thank you, and over to you, Praveen sir. Praveen Jaipuriar: Yes. Thank you, Dipak, and thanks for Ashika Securities team and Ikra for hosting us in this call. Good morning, everyone. I welcome you all to the second conference call of FY26-27. Now let me give a brief overview of the company's performance for the second quarter and the half year ended September 30, 2026. The group has achieved a turnover of INR1,215.99 crores for the second quarter as compared to INR1,128.21 crores for the corresponding quarter of the previous year, achieving a value growth of 7.8% on the back of a double-digit volume growth. The value growth because of the green coffee prices coming down, the value growth trails the volume growth, which stands at double-digit. The EBITDA stands at INR217.3 crores as against INR198.6 crores, which is a growth of 9.5%, while the profit before tax is INR150.86 crores, growing at 18.7% and the net profit stands at INR130 crores with a growth of almost 29%. As far as H1 is concerned, the group has achieved a turnover of INR2,419.58 crores as compared to INR2,186.25 crores, which is a growth of approximately 11.6%. The EBITDA stands at INR414 crores as against INR360 crores, which is a growth of almost 15%. And the PBT, which is at INR279.88 crores is growing at 26.48% and the net profit, which is at INR246.96 crores for the first half is growing at 42%. The domestic business has achieved a gross turnover of INR210 crores this quarter, out of which the brand sales is approximately INR140 crores. The good part is that the growth momentum for the branded business continues, and we are growing at 25%, and we look forward to maintain this kind of a growth momentum going forward as well. As far as the green coffee prices are concerned, while it is still fluctuating, but has been range bound in the region of USD3,400 to USD3,800 per ton. And the Vietnam crop, which is slated Page 2 of 19 CCL Products (India) Limited October 16, 2026 to come around November, December time is the time which will decide the future price trends for coffee. But the good thing is that even before the crop, the prices have held on to these levels, which is a good sign. The order position for Q3 and Q4 looks robust, and we expect to end the year exactly as per the guidance that we had given at the start of the year, which was around 15% volume growth and a similar EBITDA growth as well. That is a brief note from our side. Now I open the floor for questions. Moderator: Thank you very much, sir. We will now begin the question-and-answer session. The first question is from the line of Shirish Pardeshi from Motilal Oswal Financial Services Limited. Shirish Pardeshi: Praveen, starting with the volume growth what you have stated, is it significantly higher than 15% or is it in the range of 10% to 15%? Praveen Jaipuriar: No, it's in the range of 10% to 15%. Yes, it's in the range of 10% to 15%. Shirish Pardeshi: Okay. Sir, one follow-up here. I think we have been seeing coffee prices declining and the customers were also not stocking up. So is the inventory level -- I would assume that inventory level would have normalized now. And hence, the order book growth looks very strong at this time because coffee prices might further decline or remain stable? Praveen Jaipuriar: So Shirish, there are 2 views here. One is that the good thing was that every time before the crop, generally the coffee prices tend to increase because there is a lack of availability of coffee before the crop. But this time, as I was telling you in the opening remarks, it has been range bound. So while it is fluctuating every day, we see some USD50, USD100 of ups and downs that happen on a daily basis. But the good thing is that it has not broken away from the USD3,700, USD3,800 levels. Now we are expecting the crop to come by end of November, December. While there are news of El Nino and some pockets of floods as well. So there are conflicting reports that is coming from the market. But the fact that the pre-harvest prices are good, there is an expectation that there could be a further reduction. So during this time, what happens is that the customers also wait for that direction to evolve by November, December. And every year, we see that November, December is the time we start getting more contracts into the order book generally, and same is the case during June and July when the Brazil crop comes in. So I think that's how the things are. But as far as we are concerned, as I was telling that our quarter 3, quarter 4 order book looks robust, and we are well on track to get that 15% volume growth for the year. But let's say, some additions happen, then we'll keep updating you o [Showing first 8,000 characters — download PDF for full document]