Analysts/Institutional Investor Meet/Con. Call Updates

Ref: SGL/Compliance/2026-27/105 October 27, 2026 Listing / Compliance Department Listing/Compliance Department BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 532993 Symbol: SEJALLTD Subject: Transcript of Earnings Call for quarter and half year ended September 30, 2026. Reference: Regulations 30 of SEBI (LODR) Regulations,2015 read with Schedule III to the SEBI (LODR) Regulations, 2015 and our intimation dated October 14, 2026, Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the transcript of Q2 and H1 FY27 Earnings Call hosted by the Company on Monday, October 19, 2026, at 03.30 PM (IST), to discuss the operational and financial performance for the quarter and half year ended September 30, 2026. The aforesaid transcript is also being made available on the website of the Company at https://www.sejalglass.co.in/investor-presentations.html This is for your information and records. Thanking you, Yours faithfully, For Sejal Glass Limited Ashwin S. Shetty Vice President Operations & Company Secretary - Compliance Officer Membership No.: A20942 Encl.: As Above “Sejal Glass Limited Q2 & H1 FY27 Results Conference Call” October 19, 2026 MANAGEMENT: MR. AMRUT GADA – PROMOTER – SEJAL GLASS LIMITED MR. CHANDRESH RAMBHIA – CHIEF FINANCIAL OFFICER – SEJAL GLASS LIMITED MODERATOR: MR. KARAN THAKUR – KIRIN ADVISORS PRIVATE LIMITED Page 1 of 16 Sejal Glass Limited October 19, 2026 Moderator: Ladies and gentlemen, good day and welcome to Sejal Glass Limited Q2 and H1 FY27 Results Conference Call hosted by Kirin Advisors Private Limited. 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 over to Mr. Karan Thakur from Kirin Advisors Private Limited. Thank you, and over to you, sir. Karan Thakur: Good afternoon, everyone. On behalf of Kirin Advisors, I welcome you all to the Q2 and H1 FY27 Earnings Conference Call of Sejal Glass Limited. We have with us the senior management of the company led by Mr. Amrut Gada, Promoter and Mr. Chandresh Rambhia, CFO. We will begin with the opening remarks from the management followed by a Q&A session. I would now like to hand over the call to Mr. Amrut Gada for his opening remarks. Over to you, sir. Amrut Gada: Yes, thank you, Karan. Good afternoon, everyone, and welcome to the Q2 and H1 FY27 Results Conference call of Sejal Glass Limited. On behalf of the management team, I would like to thank all our investors, analysts and stakeholders for their continued interest and confidence in the company. Sejal Glass has been steadily evolving from its traditional glass business into an integrated architectural glass manufacturing company with an expanding presence in specialized and value- added products with manufacturing facilities across Silvassa, Taloja and Erode in India, along with our operational in Ras Al Khaimah, UAE. We now have four state-of-the-art along with our manufacturing plant network with an annual production capacity of approximately 61.94 lakh square meters for all products put together that is, tempered, laminated and insulated glasses. Our focus remains on strengthening this platform by improving capacity utilization, expanding our product portfolio, enhancing operational efficiency and increasing our presence across domestic and international markets. Coming to our financial performance for the Q2 of FY27, on a consolidated basis, total income stood at INR139.86 crores compared with INR105.04 crores in Q2 of FY26, registering a year- on-year growth of 33.14%. Our consolidated EBITDA increased by 43.44% to INR25.66 crores from INR17.89 crores in the corresponding quarter of the previous year. Consolidated EBITDA margin improved to 18.35% from 17.03%, representing the expansion of 132 basis points. Consolidated net profit stood to INR14.42 crores compared with INR8.11 crores in Q2 FY26, registering year-on-year growth of 77.61%. The net profit margin improved to 10.31% from 7.73%, an expansion of 258 basis points. Page 2 of 16 Sejal Glass Limited October 19, 2026 Earnings per share increased to 12.52 from 7.95 in the corresponding year last quarter. For the first half of FY27, consolidated total income reached to INR259.29 crores compared to INR182.81 crores in H1 of '26, reflecting a growth of 41.84%. EBITDA increased by 43.79% to INR43.68 crores from INR30.38 crores, while EBITDA margin improved to 16.85% to 16.62%, an expansion of 23 basis points. Consolidated net profit for H1 FY27 stood to INR21.63 crores compared to INR12.53 crores in H1 of FY26, registering a growth of 72.6%. The net profit margin increased to 8.34% from 6.86%, an improvement of 148 basis points. Earnings per share increased to 18.79 from 12.28, representing growth of 53%. Overall, our Q2 and H1 FY27 performance reflects healthy growth in income and profitability, supported by improved margin and the continued development of our expanded manufacturing network. Operationally, our key priority is the continued integration and ramp-up of our Taloja and Erode facilities, acquired through the Glasstech business acquisition in April 2025. Following the initial integration and machine overhaul, our focus is on increasing utilization, improving production efficiency and generating a better operating leverage across the network. Our established Silvassa facility continues to provide a strong domestic manufacturing base, while our UAE operation remains an important contributor to the group's overall performance. Going forward, we expect improved capacity utilization across our facility and a more balanced contribution from India and the UAE to support sustainable growth. We have also continued to strengthen our order pipeline. In July 2026, our UAE subsidiary secured five significant architectural glass orders, aggregating approximate AED27.6 million, equivalent to around INR71 crores, for hospitality, residential and healthcare projects. In addition, we secured domestic architectural glass projects, aggregating approximately INR150 crores across commercial, residential and institutional applications. Our UAE order book reached approximately AED78 million in September 2026, providing visibility for execution over the following 6 to 9 months. This project reflects continued customer confidence and strengthen our presence in the GCC region. On the product development front, we are progressing towards a higher value product mix. Our digital printing capability has expanded our offering in decorative and specialized architectural glass. While our bullet-resin glass has progressed through the testing in India. We are also an approved vendor for railway-grade glass at three railway coach factories and are participating in the tender opportunities. Although this business is currently at an early stage, we expect it to develop progressively over the coming quarters. Another important initiative is our entry into fire-rated glass. The manufacturing line and associate technology has been imported and are being installed at our factory facility, with the trial production and approval progress towards the commercial production targeted to end of Q3 FY27. We see promising opportunity across real estate, healthcare, airports, infrastructure, defense and other applications where fire safety requirement are important. Page 3 of 16 Sejal Glass Limited October 19, 2026 As these specialized products scale up, we expect from them to contribute increasingly to our revenue and product mix, wh [Showing first 8,000 characters — download PDF for full document]