Press Release

SURYA ROSHNI LIMITED An IS/ISO 9001, An IS/ISO 14001 & IS: 18001 Company CIN -L31501HR1973PLC007543 Padma Tower-I, Rajendra Place, New Delhi-110 008 Ph.: +91-11-47108000 E-mail : cs@surya.in Website : www.surya.co.in SRL/se/yks/26-27/ l 7 November 07, 2026 The Secretary The Manager (Listing Department) The Stock Exchange, Mumbai The National stock Exchange of India Ltd MUMBAI -400 001 Mumbai - 400 051 Scrip Code: 500336 NSE Symbol: SURY AROSNI Re.: PRESS RELEASE- SURYA ROSHNI LIMITED ANNOUNCES Q2 & Hl FY27 RESULTS Dear Sir, This is with reference to our letter dated 29th October, 2026 intimating the date of the Board Meeting of Surya Roshni Limited, we wish to intimate the Outcome of Board Meeting held today i.e. 7th November, 2026, wherein the Company has approved the following: • Unaudited Financial Results (Standalone and Consolidated) for the quarter/ half year ended 30th September, 2026 along with the Limited Review Reports from the Statutory Auditors, Mis. Ashok Kumar Goyal & Co. on the aforesaid Standalone and Consolidated Financial Results. In this regard please find attached the Press Release titled: PRESS RELEASE : SURYA ROSHNI LIMITED ANNOUNCES Q2 & Hl FY27 RESULTS The meeting commenced at 2:00 P.M. and concluded at .. ~J~.~ P.M. You are requested to kindly take the same on your records. Thanking you, Yours faithfully, For Surya Roshni Limited B. B. Singal CFO & Company Secretary Enclosed: as above • Regd. Office : Prakash Nagar, Sankhol, Bahadurgarh, Haryana -124507 Surya Roshni Limited announces Q2 & H1 FY27 Results ➢ Consolidated revenue grew 33% YoY to ₹2,448 crore in Q2FY27; H1FY27 revenue up 30% YoY to ₹4,495 crore and PAT up 26% YoY to ₹136 crore ➢ Steel Pipes & Strips revenue grew 38% YoY to ₹1,941 crore, its highest-ever quarterly sales volume of 2.67 lakh tonnes, up 23% YoY ➢ Lighting & Consumer Durables revenue grew 17% YoY to ₹507 crore, its highest-ever Q2 revenue, driven largely by volume growth ➢ Total order book of ~₹1,400 crore across both businesses New Delhi, November 07, 2026: Surya Roshni Limited, the largest exporter of ERW Pipes, largest producer of ERW GI pipes and one of the largest Lighting Companies in India, has declared its unaudited financial results for the quarter and half-year ended September 30, 2026. Consolidated Financial Performance Highlights Particulars (In ₹ crore) Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 2,448 1,845 33% 2,046 20% 4,495 3,450 30% EBITDA 143 141 1% 120 19% 263 223 18% EBITDA Margin 5.8% 7.6% -180 bps 5.9% -10 bps 5.9% 6.5% -60 bps Profit before Tax (PBT) 103 100 4% 81 28% 184 145 27% Profit after Tax (PAT) 77 74 3% 60 29% 136 108 26% ➢ Q2FY27, consolidated revenue grew 33% YoY to ₹2,448 crore, while EBITDA stood at ₹143 crore and PAT at ₹77 crore, up 1% and 3% YoY, respectively. Sequentially, revenue, EBITDA and PAT grew 20%, 19% and 29%, respectively. ➢ EBITDA margin was stable sequentially at 5.8% but moderated from 7.6% in Q2FY26, a quarter that benefited from one-time pre-buying by European and Canadian customers in Steel Pipes ahead of CBAM and quota implementation. Margins were also affected by higher input costs, extended producer responsibility (EPR) payments and a planned step-up in brand investment. ➢ For H1FY27, consolidated revenue grew 30% YoY to ₹4,495 crore, EBITDA grew 18% YoY to ₹263 crore and PAT grew 26% YoY to ₹136 crore, driven by 22% YoY volume growth in Steel Pipes & Strips and 16% YoY revenue growth in Lighting & Consumer Durables. Lighting and Consumer Durables Segment Performance Highlights Particulars (In ₹ crore) Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 507 434 17% 456 11% 964 832 16% EBITDA 40 39 1% 36 11% 76 70 8% EBITDA Margin 7.8% 9.0% -120 bps 7.8% - 7.8% 8.4% -60 bps PBT 28 29 -6% 24 16% 51 51 1% ➢ In Q2FY27, the Lighting & Consumer Durables segment delivered its highest-ever Q2 revenue of ₹507 crore, up 17% YoY, even though the Diwali season falls in Q3 this year. ➢ Growth was broad-based, led by ceiling fans and water heaters (up 26% each in volume), mixer grinders (up 20%), table, pedestal and wall fans (TPW) (up 18%) and LED bulbs (up 11%, with higher-wattage bulbs up 24%). ➢ Wires & Cables revenue rose to ~₹50 crore in Q2FY27 from ~₹38 crore in Q1FY27, taking H1FY27 revenue to ~₹88 crore. ➢ EBITDA margin held steady sequentially at 7.8%, as backward integration helped absorb higher input costs, while EPR payments and higher brand investment weighed on the YoY comparison. ➢ Professional Lighting continued to strengthen its credentials with several prestigious projects and has an order book of over ₹200 crore, providing strong execution visibility for H2FY27. Steel Pipes and Strips Segment Performance Highlights Particulars (In ₹ crore) Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY Revenue 1,941 1,411 38% 1,590 22% 3,531 2,618 35% EBITDA 103 102 1% 84 22% 188 154 22% EBITDA/MT (Rs.) 4,105 5,013 -18% 4,006 2% 4,059 4,037 1% PBT 75 70 7% 57 33% 132 95 40% ➢ The Steel Pipes & Strips segment delivered its highest-ever quarterly sales volume of 2.67 lakh tonnes, up 23% YoY and 17% QoQ, ahead of its guidance of 2.60 lakh tonnes; H1FY27 volumes grew 22% YoY to 4.96 lakh tonnes. ➢ Export volumes rose 64% YoY to 64,408 tonnes, contributing ~24% of segment volumes; US volumes more than doubled QoQ. ➢ Value-added products contributed approximately 48% of segment volumes in Q2FY27; the share is expected to rise in H2FY27 as API export and domestic oil & gas orders been executed. ➢ Capacity utilisation improved to 84% in Q2FY27 from 82% in Q1FY27. ➢ Order book of ~₹1,200 crore, including ~1 lakh tonnes of export orders worth ~₹850 crore (of which ~80,000 tonnes are API pipes) for execution in H2FY27; the domestic API order book has built up to ~20,000 tonnes. Commenting on the results, Company’s Managing Director, Mr. Raju Bista, said “Q2FY27 has been a quarter of record performance for Surya Roshni. Consolidated revenue grew 33% YoY to ₹2,448 crore, with EBITDA of ₹143 crore and PAT of ₹77 crore. For H1FY27, revenue grew 30% YoY to ₹4,495 crore and PAT grew 26% YoY to ₹136 crore. The Lighting & Consumer Durables segment delivered its highest-ever Q2 revenue of ₹507 crore, up 17% YoY, with EBITDA of ₹40 crore. In Steel Pipes & Strips, volumes grew 23% YoY to a record 2.67 lakh tonnes and revenue grew 38% YoY to ₹1,941 crore, with EBITDA per tonne of ₹4,105 and capacity utilisation of about 84%. With a combined order book of over ₹1,400 crore across both businesses and the second half traditionally being our strongest period, we enter H2FY27 with strong visibility and remain on track to deliver our FY27 targets.” “In Lighting and Consumer Durables, Q2FY27 was our best-ever second quarter. Revenue grew 17% YoY to ₹507 crore and 11% QoQ, even though Diwali falls in Q3 this year. H1FY27 revenue grew 16% YoY to ₹964 crore. Input costs rose across copper, aluminium, steel and petroleum-based materials, and staggered price increases across the industry made it harder to bring distributors and retailers on board and raised our working capital needs. End-consumer demand, however, has not slowed; the challenge has been material availability and cost. LED bulb volumes grew 11% YoY in Q2 and 25% in H1. Our focus on higher-wattage bulbs, which grew 24% and carry better margins for us and our distributors, also lifted lower-wattage sales, so category profitability grew faster than volumes. Battens volume held steady in Q2 with 11% growth in H1, while premium downlighters, which add to both value and brand image, grew 4% in Q2 and 9% in H1. In Professional Lighting, our credentials have strengthened with several prestigious projects, and an order book of over ₹200 crore, our strongest in many quarters, gives clear visibility for H2. In consumer durables, our wider focus on products that sell year-round is paying off. In volume terms, ceiling fans and water heaters grew 26% each, mixer grinders 20% and table, pedestal and wall fans 18%. Fans a [Showing first 8,000 characters — download PDF for full document]