Analysts/Institutional Investor Meet/Con. Call Updates

Date: June 24, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai-400051 Mumbai-400001 Sub: Update on Earnings call for the Quarter and year ended March 31, 2026- Transcript. Ref: Kotyark Industries Limited | ISIN: INE0J0B01017 | NSE Symbol: KOTYARK | BSE Scrip Code: 544726 ===================================================================================== Respected Sir/ Madam, In continuance of our earlier intimations dated June 15, 2026 and Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find enclosed the Transcript of the Company’s Earning Call held on Thursday, June 18, 2026 at 04:00 pm IST to discuss the Company’s financial results for the Quarter and Year Ended on March 31, 2026. The transcript has also been made available on the website of the Company at https://www.kotyark.com/schedule-of-analysts Kindly take the same on record. For and on behalf of, Kotyark Industries Limited Bhavesh Nagar Company Secretary & Compliance Officer Mem. No. A62546 Place: Vadodara Encl. A/a Event Date / Time: 18/06/2026, 4:00 PM. Event Duration: 39 Mins 30 Secs CORPORATE PARTICIPANTS: Mr. Gaurang Shah Chairman & Managing Director Ms Vijeeta Dave Confideleap Partners Kotyark Industries Limited Q4 & FY26 Earnings Conference Call Transcript Host: Ladies and gentlemen, good evening and welcome to Q4 and FY26 Earnings Call of Kotyark Industries Limited hosted by Confideleap Partners. As a reminder, all participant lines will remain in listen only mode and there will be an opportunity for you to ask questions after the management's opening remark and presentation. Please note that this earnings conference call is recorded. Before we begin, I would like to mention that certain statements made during this conference call may be forward looking in nature. These statements are based on the current expectations, assumptions and estimates of the management and are subjected to various risks and uncertainties. Actual results may differ materially from those expressed or implied due to several factors. The company undertakes no obligation to publicly update or revise any forward looking statements. We present the investor relations for Kotyark Industries Limited and on behalf of Confideleap Partners, I extend a warm welcome to all the investors, analysts and participants for joining the earnings call for Q4 and FY26. We have with us Mr. Gaurang Shah, who is the Chairman and Managing Director of the company. Gaurang sir, you may now proceed. Gaurang Shah: Hello. Good evening everyone. Am I audible? Host : Yes sir, you are audible. Gaurang Shah: Good evening everyone and warm welcome to Kotyark Industries Limited earnings conference call. We are pleased to report another year of steady operation progress of Kotyark, continued strengthening its position in India’s rapidly growing biodiesel and renewable energy ecosystem during FY26. The company reported revenue of rupees 314.9 crore, EBITDA of rupees 48 crore and PAT of rupees 19.4 crore despite operating at relatively low capacity utilization level of around 7 to 8%. This result reflects the strength of our integrated business model and our ability to build a scalable platform for long term growth. FY26 was a transformation year from a capacity creation perspective. We proactively expanded our biodiesel production capacity at our Rajasthan facility from 500 KLPD to 1500 KLPD, taking our cumulative annual biodiesel production capacity to approximately 4,80,000 KL. This positions as well to capitalize on rising biodiesel blending mandates, increasing procurement by OMCs and growing industrial demand. Management remains confident of improving utilization level gradually over the next few years towards 60 to 70%, supported by stronger participation in OMCs tender and expansion across industrial and retail channels. One of the Kotyark’s key strengths continues to be its flexible multi feedstock platform capable of processing nearly 10 to 15 feedstock depending upon availability and procurement economics. Combined with our integrated sourcing capability and internally conceptualized manufacturing infrastructure, this provides strong supply chain rising, operating effective and cost competitive. Another important pillar of our business model is value extraction through byproducts. Our glycerin business reinforces our circular economy approach and creates additional monetizing opportunity across pharmaceuticals, foods, cosmetic, personal care and paint industry. In addition, our sustainability initiative have enabled Kotyark to become the first Indian biodiesel company to receive Vera carbon certification and generate over 57,000 carbon credits, further strengthening our ESG credential. From a growth standpoint, we currently have an executable order book of approximately 80 crore, comprising orders from OMCs and other customers with execution expected over the next three months. In addition, we have actively pursuing a pipeline of nearly 215 crore, providing strong revenue visibility going forward. Looking ahead, we are also setting two new biodiesel manufacturing facility at Jhajjar in Haryana and Kanpur in Uttar Pradesh, each with a capacity of 200 KLPD. These facilities expected to be commissioned by December 2026, will add 400 KLPD of capacity and further strengthen our presence across North India while supporting rising OMC and industrial demand. The projects are being funded through internal accruals reflecting our prudent capital allocation philosophy. Supported by strong industrial tailwinds, improving plants utilization capacity addition, increasing customer presentation and growing contribution from a value added products, we remains committed to building a sustainable, integrated and scalable green energy platform and contributing meaningfully to India’s clean energy transition. Thank you. We would now be happy to take your questions. Host: Thank you. Participants who would like to ask questions may raise hands and also may post questions on the Q&A box. I will wait for two minutes for a queue to form. Host: We have a question from Mr. Himanshu Agarwal. Kindly unmute yourself and introduce yourself. Himanshu Agarwal: Hello, am I audible? Gaurang Shah: Yes. Himanshu Agarwal: Yes, good afternoon, sir. Sir, I have two questions. Sir, my first question is: Why are the OMCs not increasing the tender quantity? Sir, even last year, the tender quantity was around 5 crore liters per month, and this time as well, a tender of 15 crore liters for three months has been issued. So, sir, even after crude oil prices had increased significantly earlier, the OMCs are still not increasing biodiesel blending. What could be the reason behind this, sir? Gaurang Shah: Sir, this is based on government policy and the requirements of the OMCs. It keeps happening accordingly. However, they will continue to increase it gradually like this. Himanshu Agarwal: Okay, sir. And sir, my second question is regarding the new allocation policy in the tender. Earlier, it used to be location-based, but now it is based on the total quantity. So, sir, will this benefit Kotyark, since we have a plant in Rajasthan where the quantity is large? Gaurang Shah: Sir, in this case, obviously we only have to fulfill the quantity now; we do not have to focus on the location. So, you can understand that earlier we used to participate in those locations as well, but we were not becoming the L1 (lowest bidder) there. Himanshu Agarwal: Yes. Gaurang Shah: So, if they allocate our quantity somewhere else, then this will be beneficial for Himanshu Agarwal: Okay sir. Thank you sir. Host: Thank you. Participants who would like to ask questions may raise hands and also may post questions on the Q&A box. We have the next question from Mr. Shubham Mehtre [Showing first 8,000 characters — download PDF for full document]