Analysts/Institutional Investor Meet/Con. Call Updates

November 11, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 543954/890228 NSE Symbol: ATL/ATLPP Subject: Transcript of the Earnings Conference Call for quarter and half year ended September 30, 2026. Dear Sir/Madam, Pursuant to Regulations 30(6) read with Schedule III 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 Earnings Conference Call for quarter and half year ended September 30, 2026, held on Thursday, November 05, 2026, at 11:00 a.m. (IST). The transcript is annexed for your reference which can also be accessed on the Company’s website from the below link: Q2FY27-Call-Transcript-ATL-uploading.pdf We request you to take the above on record. Yours faithfully, For Allcargo Terminals Limited Malav Talati Company Secretary & Compliance Officer Membership No: A59947 Place: Mumbai Encl: a/a ALLCARGO TERMINALS LIMITED 4th Floor, A Wing, Allcargo House, CST Road, Kalina, Santacruz (E), Vidyanagari, Mumbai - 400 098, Maharashtra, India. T: +91 22 6679 8110 | www.allcargoterminals.com | CIN: L60300MH2019PLC320697 | E: investor.relations@allcargoterminals.com “Allcargo Terminals Limited Q2 and H1 FY27 Earnings Conference Call” November 05, 2026 MANAGEMENT: MR. PRANAV CHOUDHARY – MANAGING DIRECTOR – ALLCARGO TERMINAL LIMITED MR. PRITAM VARTAK – CHIEF FINANCIAL OFFICER - ALLCARGO TERMINAL LIMITED MR. SANJAY PUNJABI – INVESTOR RELATIONS – ALL CARGO TERMINAL LIMITED MODERATOR: MR. SHARU GARG – STELLAR IR ADVISORS Page 1 of 8 Allcargo Terminals Limited November 05, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Allcargo Terminals 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 touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Sharu Garg from Stellar IR Advisors. Thank you, and over to you. Sharu Garg: Thank you. Good morning, everyone, and thank you for joining us today. We have with us the senior management team of Allcargo Terminals Limited, Mr. Pranav Choudhary, Managing Director; Mr. Pritam Vartak, Chief Financial Officer; and Mr. Sanjay Punjabi from Investor Relations. The management will be sharing operating and financial highlights for the quarter ended 30th September 2026, followed by a question-and-answer session. Please note that this call may contain some of the forward-looking statements, which are completely based upon the company's beliefs, opinions and expectations as of today. These statements are not a guarantee of the company's future performance and involve unforeseen risks and uncertainties. The company also undertakes no obligation to update any forward-looking statements to reflect the developments that occur after the statement is made. With that, I would now like to hand over the conference to Mr. Pranav Choudhary. Thank you, and over to you, sir. Pranav Choudhary: Thank you. Good morning to everybody, and a warm welcome to everyone joining us on the Allcargo Terminals Limited Q2 and H1 FY27 Earnings Call. The results, press release and the investor presentation have been uploaded on the stock exchanges and the company's website. I hope you've had an opportunity to go through them. During Q2 and H1 FY27, geopolitical instability continued to hover on to the global trade, leading to the pressures on freight rates, higher transit times and localized container imbalance. However, India's EXIM trade demonstrated strong value resilience, volume resilience. Both merchandise exports and imports maintained momentum. Core export momentum in engineering, pharma and electronics provided a fall in volume base for multimodal logistics handlers, while domestic industrial demand, pre-festive manufacturing inventory and elevated crude, electronics demand kept import volumes elevated. For H1 FY27, combined merchandise plus service exports and imports, total exports for April to September 2026 stood at around 476 billion, expanding 13.84% Y-o-Y over 418.31 billion in H1 FY26. Total imports for the first half stood at about $551 billion, growing about 15.68% Y- o-Y, over $476 billion in the last year H1. Page 2 of 8 Allcargo Terminals Limited November 05, 2026 Against this backdrop, Allcargo Terminals delivered a strong operational performance during the quarter. Our container volumes grew by 12.6% year-on-year. Revenue grew by 21.5% and PAT grew by 84.9%. As mentioned during the previous quarter call, our strategy remains centered around 5 priorities: first, expanding capacity to create headroom required to capture incremental container volumes and support long-term growth. Second, scaling volumes while protecting margins, while the continued focus on improving asset utilization, operational efficiency and commercial discipline. Third, leveraging technology to enhance terminal productivity, improve visibility and strengthen the overall customer experience. Fourth, expanding our footprint in locations and trade corridors where we see structural opportunities arising from the growth of India's containerized trade and evolving logistics infrastructure. Fifth, deepening customer relationship by delivering consistent service levels and becoming a large share of our customers' logistics requirement. Looking ahead, we remain constructive on the medium- to long-term opportunity. While global trade patterns may remain dynamic in the near-term, India's expanding trade base, improving port and logistics infrastructure and increasing integration with global supply chain provides a supportive backdrop for container terminal demand. With capacity expansion underway, continued investment in technology and a disciplined approach to execution, we believe Allcargo Terminals is well positioned to capture the next phase of growth while continuing to improve profitability and create sustainable long-term value for our stakeholders. With that, I now hand over the call to Pritam, who will take you through the financial performance. Pritam, please. Pritam Vartak: Good morning, everyone, and thank you, Pranav. Welcome to Q2 and H1 FY27 Earnings Call of Allcargo Terminals Limited. I will take you through the key financials and operating highlights for the quarter and the first half of the year. The company delivered a healthy operating performance during the quarter. Total volume handled in Q2 FY27 stood at 1,90,100 TEUs, registering a 12.6% year-on-year growth. For H1 FY27, total volume stood at 3,66,599 TEUs, reflecting a strong 10% growth over H1 FY26. Moving to the financial performance. Revenue for Q2 FY27 stood at INR252 crores, representing a growth of 21.5% year-on-year and 17.4% sequentially. For H1 FY27, revenue stood at INR466 crores compared to INR394 crores in H1 FY26. EBITDA, excluding other income, stood at INR59 crores in Q2 FY27, growing at 45.9% year-on-year and 24% sequentially. For H1 FY27, EBITDA stood at INR106 crores compared with INR75 crores in H1 FY26. Page 3 of 8 Allcargo Terminals Limited November 05, 2026 Importantly, EBITDA per TEU for the quarter stood at INR3,366, representing a robust growth of 40.8% year-on-year and 16.1% sequentially, reflecting continued improvement in realization, operating efficiency and gain from transshipment business. The EBITDA per TEU for Q1 and Q2 has an impact of transshipment volume, which benefited us due to geographical issues, which are prevailing. At the bottom line, net profit for Q2 FY27 stood at INR21 crores a strong 85% growth year-on- year and 228% gr [Showing first 8,000 characters — download PDF for full document]