Analysts/Institutional Investor Meet/Con. Call Updates

November 7, 2026 E-FILING To, To, National Stock Exchange of India Limited BSE Limited The Listing Department, Department of Corporate Services, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 051 Mumbai - 400 001 Scrip Symbol: OMPOWER Scrip Code: 544750 Sub.: Transcript of Earnings Conference Call with Analysts / Investors on Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30(6) read with Schedule III, Part A, Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of Earnings Conference Call with Analysts / Investors on the Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2026. This information shall also be made available on the website of the Company i.e. www.ompowertransmission.com. Thanking you, Yours faithfully, For, Om Power Transmission Limited (Formerly known as Om Power Transmission Private Limited) Hardik Patel Company Secretary and Compliance Officer Membership No.: A55828 Encl.: As Above “Om Power Transmission Limited Q2 & H1 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR. KALPESH PATEL – CHAIRMAN AND EXECUTIVE DIRECTOR – OM POWER TRANSMISSION LIMITED MR. KANU PATEL – MANAGING DIRECTOR – OM POWER TRANSMISSION LIMITED MR. FENIL PATEL – CHIEF OPERATING OFFICER – OM POWER TRANSMISSION LIMITED MR. CHETAN MODI – CHIEF FINANCIAL OFFICER – OM POWER TRANSMISSION LIMITED MODERATOR: MR. SAYAM POKHARNA – TIL ADVISORS PRIVATE LIMITED Page 1 of 13 Om Power Transmission Limited November 02, 2026 Moderator: Ladies and gentlemen, good day and welcome to Om Power Transmission Limited Q2 and H1 FY27 Earnings Conference Call. 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 Sayam Pokharna from TIL Advisors. Thank you and over to you sir. Sayam Pokharna: Thank you Steve. Welcome everyone, good evening and thanks for taking out the time to join us today in the Q2 and H1 FY27 Earnings Conference Call of Om Power Transmission Limited. The investor presentation has already been uploaded on the stock exchange and on the company website. To take us through today's results we have with us from the management team, Mr. Kalpesh Patel, Chairman and Executive Director. Mr. Kanu Patel, Managing Director. Mr. Fenil Patel, Chief Operating Officer, and Mr. Chetan Modi, Chief Financial Officer. We will start with a brief overview on the business performance from Mr. Patel, followed by opening remarks on financial performance by Mr. Modi, and then open the floor for a Q&A session. I would like to remind you all that anything and everything that is said on this call that can represent any outlook for the future and can be construed as a forward-looking statement, must be viewed in conjunction with the risk and uncertainties that we face. These risk factors have been detailed in our prospectus document and in our follow-on annual report. I would also like to request all the participants to ask their questions in Hindi for the purpose of this call as the preferable language. With that said, I would now like to hand over the call to Kalpesh sir, over to you sir. Kalpesh Patel: Good evening and a warm welcome to the Q2 and H1 FY27 earnings conference call of Om Power Transmission Limited. I will cover the business environment, recent order wins and revenue visibility, and the work we are doing on building our capabilities. Chetan will then take you through the financial performance in detail. Project execution in the second quarter and in the first half of FY27 has been healthy. The monsoon months are usually a slower period for site work in our industry, but our teams maintained the pace of execution across projects, and this is visible in our revenue booking during the period under review. Revenue from operations for the quarter stood at INR 128.29 crores, a growth of 56% over Q2FY26, and for the first half stood at INR 249.93 crores, a growth of 46%. The business environment remains healthy. The transmission and distribution capex cycle in Gujarat and across the country continues to be strong, with utilities investing in network strengthening, evacuation of renewable capacity which is growing rapidly, and the conversion of overhead distribution networks into underground cabling in urban and high-density areas. On our last call we had indicated that tender activity from GETCO was somewhat slow at the start Page 2 of 13 Om Power Transmission Limited November 02, 2026 of the financial year and that we expected it to pick up as the year progressed. That has played out, with a strong flow of awards in September and even more so in October. On the last call, we were also asked about the low share of underground cabling in our order book. We had said that a number of underground cabling tenders were in the pipeline and that we expected to recover this segment within a few months. I am happy to report that this has materialised. During the quarter, we received an 11 kV underground cabling order from PGVCL for Bhavnagar, and two 66 kV underground cabling orders from GETCO. More such orders are in the pipeline where we have submitted our bids or the tenders are about to open. In October, we also received an underground cabling order from UGVCL for Ambaji. Both the PGVCL and UGVCL orders are part of a much larger initiative. The Government of Gujarat is driving the Gujarat Wire-Free City Mission, under which the existing overhead power distribution network across all municipal corporations and municipalities in the state is to be converted into an underground cable network in a phased manner by 2030, with an initial provision of INR 500 crores for the first phase. Through these two orders, we are directly contributing to this mission, and we expect it to generate a steady flow of underground cabling tenders from the Gujarat DISCOMs over the coming years. Underground cabling is now a meaningful part of our order book again, and with this mission under way, we expect the segment to be a steady contributor going forward. Our closing order book as on 30th September 2026 stood at INR 565.99 crores. More importantly, the momentum in order wins has accelerated after the quarter close. In October alone, we have won orders worth INR 273.21 crores. These include two 220 kV transmission line orders from GETCO, Prantij-Jantral Package 2 and Chorania-Salejda, the 220 kV Kotda-Sanghani AIS substation order from GETCO, and the UGVCL Ambaji underground cabling order I mentioned earlier. Adding the October wins to our 30th September order book, our order book today stands at approximately INR 839 crores before adjusting for execution during October, which is around 1.9 times our FY26 revenue and considerably higher than where we closed the quarter. This order book gives us strong revenue visibility for the remainder of FY27 and well into the start of FY28. Our projects are typically executed over 12 to 24 months, and with the current order book and the pipeline of tenders under evaluation, we are confident of delivering the growth we have aimed for in FY27 and of sustaining the momentum beyond. A word on margins. EBITDA margin for the quarter was 15.2%, higher than our steady-state range. This was on account of the business segment mix and project mix specific to this quarter. As we have said before, individual quarters can show variance in either direction depending on which projects are at which stage of execution. I would also like to highlight a marquee project execution. We hav [Showing first 8,000 characters — download PDF for full document]