Analysts/Institutional Investor Meet/Con. Call Updates

November 10, 2026 The Lis(cid:415)ng Department The Lis(cid:415)ng Department BSE Limited Na(cid:415)onal Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Fort Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Code: 544917 Symbol: KARAMTARA Sub: Disclosure under Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 – Transcript of Earnings Conference Call Dear Sir/Madam, Pursuant to Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, please find enclosed the transcript of the earnings conference call held on November 06, 2026 with respect to the unaudited financial results of the Company for the quarter and half year ended September 30, 2026. The transcript is also available on the website of the Company at www.karamtara.com . Kindly take the above informa(cid:415)on on record. Thanking you, For Karamtara Engineering Limited (Formerly known as Karamtara Engineering Pvt. Ltd.) Manoj Kumar Srivastava Vice President-Legal Company Secretary & Compliance Officer FCS-7460 Karamtara Engineering Ltd. (Formerly known as Karamtara Engineering Pvt. Ltd.) Registered & Corporate Office: 902, 9th Floor, Ascent, Sudam Kalu Ahire Marg, Worli, Mumbai – 400030, India Tel: +91-22- 40710000 Email - info@karamtara.com CIN - L45207MH1996PLC099333 www.karamtara.com “Karamtara Engineering Limited Q2 FY27 Earnings Conference Call ” November 06, 2026 MANAGEMENT : MR. RAJIV SINGH - J OINT MANAGING DIRECTOR , KARAMTARA ENGINEERING LIMITED MR. SUNIL RUSTAGI – WHOLE -TIME DIRECTOR AND CEO, KARAMTARA ENGINEERING LIMITED MODERATOR : MR. MOHIT KUMAR – ICICI SECURITIES LIMITED Page 1 of 20 Karamtara Engineering Limited November 06, 2026 Moderator: Ladies and gentlemen, good day and welcome to Karamtara Engineering Limited Q2 FY27 Earnings Conference Call hosted by ICICI Securities 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 “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Mohit Kumar from ICICI Securities Limited. Thank you and over to you sir. Mohit Kumar: Thank you. Good morning to all. On behalf of ICICI Securities, I welcome you all to the Q2 FY27 earnings call of Karamtara Engineering Limited . T his is again strong, consecutive, strong results since listing by the company. Congratulations on a very, very strong quarter to the Management Team . To address the investor queries we have with us for the management, Mr. Rajiv Singh – Joint Managing Director, Mr. Sunil Rustagi – Whole Time Director and CEO. We will begin with the opening remarks from the management which will be followed by Q&A. Thank you and over to you sir. Rajiv Singh: Thank you. Wishing everybody a very Happy Dhanteras and a very Happy Diwali to everyone and their families. Thank you. Good morning, everyone and a warm welcome to the Q2 FY27 earnings conference call of Karamtara Engineering Limited. My name is Rajiv Singh, I am the Joint Managing Director. Our results and investor presentation have been uploaded to the stock exchanges and are available on our website. Let me begin by drawing the industry landscape : The global renewable energy sector continues to present a strong growth opportunity with both solar and wind energy remaining a key driver of capacity addition. At the same time, the global power transmission industry is entering a significant investment cycle, driven by growing adoption of renewable energy, rising electricity consumption, grid modernization and the inc reasing need of cross -border power connectivity. As of late 2026, global commitments aimed to triple renewable energy capacity to at least 11,200 gigawatts by 2030 and around 18,400 gigawatts by 2035, translating to a requirement of $7.2 trillion in incremental investment up to 2030. Currently, India has committed to Karamtara Engineering Limited November 06, 2026 achieving 500 gigawatts of non-fossil fuel capacity by 2030 and around 800 gigawatts by 2035 with incremental investments estimated at $400 billion by 2030. We believe that the continued expansion of renewable capacity supported by policy initiatives and investments in power transmission infrastructures provide the favorable long-term outlook for the industry and create opportunities across the renewable energ y value chain. H1 FY27 for us has been in line with our aspirations and has been historical high in terms of revenue despite the global issues and this performance reflects the benefits of capacity expansion and debottlenecking measures implemented over the last two years. At the end of the current quarter, our aggregated install ed capacity reached 8,79,800 metric tons per annum excluding rolling and galvanizing facilities used for captive consumption. This performance also reflects the collective efforts of our team in positioning Karamtara as a preferred partner and backward integ rated manufacturer. We play a critical role in the renewable energy and power transmission value chain by manufacturing the structural components that make these systems possible. We manufacture and supply structures for renewable energy projects that hold the panel and towers that support the wind turbine. Further, we supply the transmission towers and line hardware that transmit the energy to the customers. Our manufacturing strength lies in the fungibility of our facility , which allows us to deploy capacity , flexible scale operations in sectors offering attractive margins and allocate capital to opportunities with better returns. Our focus remains on strengthening our product led manufacturing business and this is the model we intend to build upon. Our approach to commodity risk is built around disciplined order backed procurement and contractual safeguards. As a policy, we mitigate the risk of raw material fluctuations by booking material on a back -to-back basis. This discipline approach enables us to protect margins and keep commodity price risk contained. Let me now take you through the three strategic growth engines that will shape Karamtara's next phase of growth : • First, transmission line towers is what Karamtara was born with and we have capabilities to design, manufacture and supply transmission line towers up to 1200 kV and we have supplied our products over 50 countries globally. This Karamtara Engineering Limited November 06, 2026 business again is a key growth priority for us supported by the commissioning of our large manufacturing facility a t Bhachau, which has recently commenced production. This increase d our production capacity and strengthens our manufacturing capabilities while positioning us to capitalize on the growing opportunities in the power transmission sectors. • Second, Saudi Arabia, our investment in Saudi Arabia is a strategic step towards building a local manufacturing presence in an important growth market. We are setting up a multiproduct facility catering to transmission line towers and solar products. The p rogress in this project is as per our timelines with trial production expected to begin in December and the galvanizing plant targeting commissioning by March. We anticipate a ramp up period of around 12 to 18 months with a meaningful initial revenue contribution next year and a large contribution in the following year. Local manufacturing is a must in the kingdom of Saudi Arabia due to the preconditions of local content in all energy infrastructure projects. Therefore, the local requirements cannot be served through exports from India or other country. The facility will also provide a platform to serve neighboring markets and North Africa creating opp [Showing first 8,000 characters — download PDF for full document]