Analysts/Institutional Investor Meet/Con. Call Updates

Date: November 11, 2026 Listing Department Corporate Relationship Department The National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra East, Mumbai – 400051 Dalal Street, Mumbai - 400 001 NSE Symbol – HARIOMPIPE BSE Scrip Code- 543517 Dear Sir/Madam, Sub: Submission of Transcript of the Post-Earnings Conference Call held on November 05, 2026: Pursuant to Regulation 30 and 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of the Post-Earnings Conference Call held with the Investors/Analysts on November 05, 2026, on the Unaudited Financial Results / Financial and Operational Performance of the Company for the quarter and half year ended September 30, 2026. The aforesaid transcript is also available on the Company’s website at https://www.hariompipes.com/presentations-made-to-analysts-or-institutional-investors. Kindly take the above information on record. Thanking You, Yours faithfully For Hariom Pipe Industries Limited Rekha Singh Company Secretary M. No. A33986 Encl: As above Hariom Pipe Industries Limited Q2 & H1 FY27 POST EARNINGS CONFERENCE CALL November 05, 2026 Management Team Mr. Rupesh Kumar Gupta - Managing Director Mr. Amitabha Bhattacharya - Chief Financial Officer Ms. Rekha Singh - Company Secretary Call Coordinator Strategy & Investor Relations Consulting Hariom Pipe Industries Limited Q2 & H1 FY27 Post Earnings Conference Call November 5, 2026 Presentation Vinay Pandit: Ladies and gentlemen, on behalf of Kaptify Consulting Investor Relations Team, I welcome you all to the Q2 and H1 FY27 Post Earnings Conference Call of Hariom Pipe Industries Limited. Today on the call from the management we have with us Mr. Rupesh Kumar Gupta, Managing Director; Mr. Amitabha Bhattacharya, Chief Financial Officer; and Ms. Rekha Singh, Company Secretary. As a disclaimer, I would like to inform all of you that this call may contain forward-looking statements which may involve risk and uncertainties. Also a reminder that this call is being recorded. I would now request the management to brief us about the business and performance highlights for the period ended September 2026, the growth perspective and vision for the coming years, post which we will open the floor for Q&A. Over to the management team. Rupesh Kumar Gupta: Good day everyone. On behalf of Hariom Pipe Industries Limited, I welcome you all, our post results conference call for the second quarter and a half year ended September 30, 2026. Thank you for joining us and for your continued interest in the company. We closed the first half with growth in revenue and profits supported by better sales realizations and a stronger second quarter. The recovery in operations at Perundurai was an important development during the quarter. Our focus on value-added products also continued to support earnings per tonne. I will first discuss our standalone performance and the progress in our steel business, followed by an update on our subsidiaries and priorities for the second half. For the second quarter, revenue from operations increased by 65% year-on-year to INR 554 crore, EBITDA increased by 58% to INR 68 crore, while profit after tax rose to INR 29 crore from INR 10 crores. In this corresponding quarter last year, the improvement was also visible compared with the June quarter revenue increased by 29%, EBITDA by 36% and profit after tax by 64%. Our EBITDA margin improved to 12.21% from 11.63% as operating activity recovered. For the half year, revenue stood at INR 983 crores, an increase of 23%, EBITDA was INR 118 crore, up 17% and profit after tax Page 2 of 19 Hariom Pipe Industries Limited Q2 & H1 FY27 Post Earnings Conference Call November 5, 2026 increased by 35% to INR 46 crores. These results show that the growth in our business is translating into higher absolute earnings. Turning to operations, second quarter sales volume reached 83,117 tonnes, an increase of 32% over the June quarter. Half year sales volumes were approximately 1.46 lakh tonnes, up 6% year-on-year. Perundurai resumed operations on July 13, following the temporary closure during the first quarter. Its return to production supported the recovery in volumes. Our focus now is stable operations, compliance and better utilization of the facilities already in place. Average selling price for the half year increased by 17% to 67,265 per tonne, EBITDA per tonne increased by 11% to INR 8,042. In the second quarter, EBITDA per tonne reached INR 8,140, an improvement of 15% over the corresponding quarter last year. Our stand-alone net worth increased to INR 705 crore at September 30, representing year-on-year growth of 17%. The debt to equity ratio improved to 0.62 times from 0.65 times a year earlier. I would now like to update you on Hariom Power and Energy. Our first 5 megawatt AC solar project was commissioned in July. Two additional projects of 5 megawatt AC each were commissioned in October. This takes operational capacity to 15 megawatt AC across three locations. The October additions are subsequent to the half-year reporting date. The overall portfolio comprises 60 megawatt across 13 locations in Maharashtra. We are targeting completion of 52 megawatt across 11 locations by January 27. Including the 15 megawatt already operational, the next phase, therefore, covers a future 37 megawatt AC across 8 locations. Metal Mart, our trading and distribution subsidiary, completed its documentation during the first half and has obtained GST registration. It is preparing for fuller operations during the current quarter with the aim of supporting market access of metal, steel and allied products. On a consolidated basis, including our subsidiaries, half-year revenue was INR 984 crores, EBITDA was INR 118 crores and profit after tax was INR 42 crores. Revenue grew by 24%, EBITDA by 18% and profit after tax by 23% year-on-year. As we enter the second half, our priority is to build on the improvement in operating activities seen during the September quarter. We have an established manufacturing base and better utilization of that base remains an important opportunity for the company. Page 3 of 19 Hariom Pipe Industries Limited Q2 & H1 FY27 Post Earnings Conference Call November 5, 2026 In the steel business, we will focus on consistent plant operations, value-added products and closer engagement with our dealers and institutional customers. Alongside volume growth, we will continue to pay attention to contribution burden and the working capital required to support sales. For the solar business, the focus is on completing the scheduled products and moving them into regular operations. We will continue monitoring project progress and funding requirements closely, with capital allocation guided by the needs of the core business and the process of these investments. The first half has given as a stronger base for the remainder of the year. We are engaged by the recovery in volumes, the improvement in earnings per tonne the process in solar commissioning. Our efforts will remain directed towards sustainable earnings, growth and long-term value for shareholders. I would like to thank our employees for their efforts, our customers and channel partners for their continued business and our lenders and shareholders for their support. With this, I conclude my opening remarks. We will now open the floor for questions. Thank you, everyone. Moderator: Thank you, sir. We will now begin the question and answer session. [Operator Instructions]. We will take the first question from Adi Jha. Please go ahead. Adi Jha: Thanks for the opportunity. Great set of numbers. My first question is this, what is the guidance for H2 and also how do you see Hariom doing in FY28 as well? Can you just share, throw some light in these two? Amitabha Bhattacharya: Good morning, Aditya. I am Amitabha, [Showing first 8,000 characters — download PDF for full document]