Analysts/Institutional Investor Meet/Con. Call Updates

Date: 11th November 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Dalal Street, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Mumbai – 400001, Maharashtra, India Bandra (E), Mumbai – 400 051, Maharashtra, India BSE Scrip Code: 544888 NSE Scrip Symbol: AUGMONT Subject: Transcript of Earnings Conference Call with respect to Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026: Dear Sir(s) / Madam(s), Pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), as amended from time to time, please find enclosed the transcript of the virtual Earnings Conference Call held on Thursday, 05th November 2026. This information is also available on the Company’s website at https://augmont.com/investors. You are requested to take the above on record. For Augmont Enterprises Limited (formerly known as Augmont Enterprises Private Limited) Sunny Parekh Company Secretary and Compliance Officer Membership No.: ACS32611 Augmont Enterprises Limited Q2 & H1 FY27 Earnings Conference Call November 5, 2026 Management: Mr. Ketan Kothari – Whole-Time Director Mr. Mahendra Kumar Bafna – Whole-Time Director Mr. Amitkumar Solanki – Non-Executive Director Mr. Sachin Kothari – Non-Executive Director Investor Relations: Mr. Diwakar Pingle – Ernst & Young Ms. Runjhun Jain – Ernst & Young Page 1 of 19 Augmont Enterprises Limited November 5, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Augmont Enterprises Limited Q2 and H1 27 Earnings Conference Call. As a reminder, all participant lines will be in the listen only mode. There will be an opportunity for you to ask questions after the management's commentary concludes. Please note that this call is being recorded. I now hand the conference over to Mr. Diwakar Pingle from Ernst & Young. Thank you, and over to you, sir. Diwakar Pingle: Thank you very much, Inba. Good evening, everyone, and thank you for joining us today. On behalf of Augmont Enterprises Limited, it gives me great pleasure to welcome you to the company's first earnings conference call following its listing. We will discuss the performance for Q2 and H1 FY27. We are delighted to have you with us as we begin this new chapter in Augmont's journeys as a listed company. Joining us from the management team are Mr. Ketan Kothari, Whole-Time Director, Mr. Mahendra Kumar Bafna, Whole- Time Director, Mr. Amitkumar Solanki, Non-Executive Director, and Mr. Sachin Kothari, Non-Executive Director. Before we proceed, I would like to draw your attention to the safe harbor statement contained in the investor presentation. Certain statements made on today's call may be forward looking in nature, and the relevant safe harbor provisions will apply. We will start with the management's opening commentary, following which we will open the floor for questions and answers. With that, I would now like to hand over the call to Ketan. Over to you, Ketan. Ketan Kothari: Thank you, Diwakar. Good evening, everyone. Thank you so much for joining us today for our maiden earnings call following a listing in August. So we will be covering Q2 and H1 FY27, but before I begin, we would like to take a moment to thank all our shareholders and investors for this trust and confidence that you have placed in us. Our listing marks an important milestone in our journey, and we are very grateful to everyone who has supported us along the way. As we begin this new chapter as a listed company, we remain focused on executing our strategy, strengthening our business, creating sustainable long-term value for all our stakeholders. I would like to take some time to explain the entire business, because of the fact that this is the first call, and we do not really have a listed peer, so it is very important for me to explain the business and before I do that, I just want to wish all of you all a very Happy Diwali in advance. So what exactly is Augmont? This is Augmont at a glance. Augmont is India's completely integrated gold and silver platform. It is India's number one gold and silver platform. It is the platform which enables the entire life cycle of gold. So, just to give you a perspective, we did revenues of Rs.94,000 plus crores in FY26. We have a refining capacity of 284 metric tonnes. Our ROE for FY26 was 51%, and we are present across 24 states in India. We are a technology-led platform. We span the entire gold and silver value chain, right from procurement, refining, trading, digitizing, and distribution. We have two platforms. One is Page 2 of 19 Augmont Enterprises Limited November 5, 2026 called the Augmont SPOT platform, which is for the enterprise business. Basically, all the jewellers buy their large bar requirements from this platform. Besides gold and silver, obviously, we have other products as well, including diamonds. This is where all the jewellers, procure their physical gold requirement with physical delivery. There is no brokerage charge on the platform. The other is the consumer platform, which is called the Gold For All ecosystem. We enable millions of retail customers for their investments in gold, leveraging of gold, and monetization through products like digital gold and silver with SIPs, coins and bars, EMI Jewellery, gold loans, and old gold exchange. Just to give you a brief about our evolution, the company started in 2012. Why this company was incorporated is because before 2012, gold has always been traded on a phone-based system. It was very inefficient, very fragmented, and led to a lot of disputes. There were a lot of middlemen who used to default on their delivery obligations or price obligations to jewellers. In India, the derivatives exchanges started in 2003, but their avatar related to spot physical market did not take off. The very nature of this industry, if you go to see globally also, there are no exchanges for the spot market, it is mostly an OTC market. In fact, both these derivatives exchanges had their physical spot platform, where the liquidity never took off. Eventually, we realized that we should have a platform of our own. When we started in 2012, the idea was to solve all gold related problems using technology, and in 2012, when we started, we started with this SPOT platform. It immediately took off as India's most favourite platform for price discovery and physical delivery. The same year we started EMI Jewellery, which is a product which enables millions of retail customers to purchase basic investable Jewellery by paying, over a period of time and then taking delivery. So it is a forward booking product. In 2013, we were the first ones to start digital gold, enabling retail customers to buy gold in fractional quantity for physical delivery, because the feature of physical delivery was not available on ETFs. In 2016, we started our first refinery in Rudrapur, Uttarakhand. During COVID, we developed the Gold For All platform with the vision to enable the entire life cycle of gold to the customers. Basically, you have many platforms for financial services, but for gold management, there was no platform. Here, we integrated the EMI Jewellery and digital gold, and started other products, like gold loans, to complete the lifecycle. We have been ranked by Dun & Bradstreet among the top 150 unlisted companies, but now, obviously, in 2026, we have got listed. In 2023, we started, Sell Old Gold, again, as a part of Gold For All platform. Our second refinery came up in Navi Mumbai. Last year we started the LGD platform, and we have also added natural diamonds to this platform. This year, we got listed in August, and we also got the trading license for a subsidiary to trade directly on MCX. We have scale across the country, so just to give you an idea, in this quarter alone, the number of Gold For All stores that we have increased from 118 to 122. The number [Showing first 8,000 characters — download PDF for full document]