Analysts/Institutional Investor Meet/Con. Call Updates

Wednesday, 11th November, 2026 The Manager, Listing Department, National Stock Exchange of India Limited “Exchange Plaza”, C - 1, Block G, Bandra –Kurla Complex, Bandra(East), Mumbai– 400051 MH IN Scrip Code: MMP Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Dear Sir / Madam, With reference to the captioned subject, we wish to inform you that an earnings conference call was held on Tuesday, 3rd November, 2026 at 12.00 P.M. Please find attached herewith transcript of the earnings call details. The aforesaid information is also being hosted on the website of the Company viz., www.mmpil.com You are therefore, kindly requested to take note of the same and oblige. For MMP Industries Limited Madhura Singh CS & Compliance Officer “MMP Industries Limited Q2&H1 FY27 Earnings Conference Call” November 03, 2026 MANAGEMENT: MR. ARUN BHANDARI – MANAGING DIRECTOR – MMP INDUSTRIES LIMITED MR. MAYANK BHANDARI – DIRECTOR – MMP INDUSTRIES LIMITED MR. SHARAD KHANDELWAL – CHIEF FINANCIAL OFFICER – MMP INDUSTRIES LIMITED MODERATOR: MR. AKHILESH GANDHI – STELLAR INVESTOR RELATIONS Page 1 of 15 MMP Industries Limited November 03, 2026 Moderator: Ladies and gentlemen, good day, and welcome to MMP Industries Limited Q2 and H1 FY '27 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 this conference is being recorded. I now hand the conference over to Mr. Akhilesh Gandhi from Stellar Investor Relations. Thank you, and over to you, Mr. Gandhi. Akhilesh Gandhi: Thank you Nazeen. Good afternoon, everyone. I, Akhilesh Gandhi on behalf of Stellar Investor Relations, welcome you all to MMP Industries Q2 and H1 FY27 Earnings Conference Call. We shall be sharing the key operating and financial highlights for the second quarter and half year ended on September 30, 2026. Today, we have with us the management team of MMP Industries. Mainly we have Mr. Arun Ji Bhandari, he is the Managing Director. With him, we have Mr. Mayank Ji Bhandari, he is a Director. And along with them, we also have Mr. Sharad Ji Khandelwal, he is the Chief Financial Officer. But before we begin, I would like to state that this call may contain some of the forward-looking statements, which are completely based upon the company's beliefs expectations as of today. The statements made in today's call are not a guarantee of future performance and also involve unforeseen risks and uncertainties. The company also undertakes no obligation to update any forward-looking statements to reflect development that occurs after the statement is made. Documents relating to the company's financial performance, including the investor presentation and have already been uploaded on the stock exchange. With that, I now invite Mr. Arun Ji Bhandari to state his opening remarks on the company's performance for the second quarter. And after that, once the opening remarks are completed, we'll open the floor for Q&A session. Thank you, and over to you sir. Arun Bhandari: Thank you, Akhilesh. Thank you very much for arranging this earnings call on behalf of MMP Industries Limited, the Q2 as well as the H1 FY27 earnings conference call. Good afternoon, everyone. Welcome to this earnings call. We are pleased to connect with our investors, analysts and stakeholders once again. Today, I will share an overview of our business performance, key operational developments and growth priorities, following which our CFO, Mr. Sharad Khandelwal, will take you through the financial performance. Over the last 4 decades, MMPIL has evolved from an aluminum powder manufacturer into a diversified business, spanning aluminum powders, aluminum Foils, conductors and cables. We are now diversifying into polymer insulators. Our focus remains on strengthening our core businesses, increasing value addition and expanding our presence across the industrial and power transmission infrastructure sectors. Page 2 of 15 MMP Industries Limited November 03, 2026 The first half of FY27 has been encouraging with strong performance across our core businesses, supported by healthy demand, robust exports and improved plant utilization. Let me take you through the key developments across our businesses. Beginning with aluminum powders, which continues to be the foundation of our business, we witnessed strong performance during H1 FY27, supported by healthy domestic demand, robust exports and improved plant capacity working. During Q2 FY27, we successfully executed export orders at a very high scale despite the quarter traditionally witnessing seasonal moderation in business activity due to the monsoons. Building on this momentum, we expect exports to further strengthen in H2 FY27. Our continued focus on higher value-added products and optimized product mix and economies of scale is expected to support improved realizations and margins. Moving to aluminum foils. The business also delivered strong growth, supported by sustained demand across bare and printed foil categories. I can safely say that we are now one of the leading foil suppliers to the pharma sector in India. Despite pricing pressures, we maintained a positive EBITDA margin through continued operational efficiency and cost management. An important development has been the progress in our liding foil initiative. The manufacturing line is ready. Initial trials have been successfully completed. Product samples are currently undergoing evaluation by leading dairy companies, including Amul, Mother Dairy, Dinshaw's and a host of other companies in Maharashtra. With the liding foil season commencing in January, we are well positioned to pursue commercial opportunities subject to customer approvals, which we are confident of achieving fairly shortly, and this will further strengthen our value-added product portfolio. Turning to the Conductors and Cables business. Performance remained subdued during H1 FY27, primarily due to the monsoon-related slowdown in infrastructure project execution. However, with execution expected to improve, we anticipate a recovery in H2 FY27 with revenue projected to grow by approximately 40% to 50% compared to H1 FY27. Alongside this recovery, we continue to strengthen our manufacturing capabilities and product portfolio. We have received the BIS certification for LT power cables, while utility approvals are progressing. Initial production has commenced at our Bhandara facility, and we expect commercial sales to gain momentum from Q4 FY '27, subject to the necessary approvals. Our larger 6,000 metric tons per annum LTPC expansion at Umred is also progressing with trials targeted for Q4 FY '28. Another important initiative is our 18,000 metric tons per annum aluminum wire rod facility, where construction and machinery installation are at a very advanced stage. Commercial production is targeted for early Q4 FY27. Once operational, this facility will strengthen backward integration, reduce external sourcing requirements and support operating efficiencies along with margin improvements and smoothening out the supply chain. On the international front, we have received export orders worth approximately USD100,000 from Latin America, covering conductors, aluminum triplex cables and polymer insulators, Page 3 of 15 MMP Industries Limited November 03, 2026 marking progress in expanding our power sector business internationally. Alongside conductors and cables, polymer insulators represent a very important growth opportunity within our infrastructure portfolio. Through our wholly owned subsidiary, MMP Electricals Private Limited, we have developed a complete range of distribution and transmission insulators up to 765 kV. During FY27, factory in [Showing first 8,000 characters — download PDF for full document]