Analysts/Institutional Investor Meet/Con. Call Updates

GPT Infraprojects Limited Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Phone : +91-33-4050-7000, Email : info@gptgroup.co.in , Visit us: www.gptgroup.co.in GPTINFRA/CS/SE/2026-27 November 11, 2026 The Department of Corporate Services, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot no. C/1, G Block Phiroze Jeejeebhoy Towers, Dalal Street Bandra-Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai - 400 051 Scrip Code: 533761 Scrip ID: GPTINFRA ISIN: INE390G01014 Dear Sir/Madam, Subject: Transcript of the conference call on Un-audited Financial Results for the 2nd quarter and half year ended on September 30, 2026: In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith transcript of conference call held on Thursday, November 5, 2026 on Un-audited Financial Results for the 2nd quarter and half year ended on September 30, 2026. Kindly take the aforesaid information on record and oblige. Thanking you, Yours Sincerely, For GPT Infraprojects Limited Sonam Lakhotia Company Secretary & Compliance Officer Mem No.: 41358 Encl: As above “GPT Infraprojects Limited Q2 & H1 FY27 Earnings Conference Call” November 05, 2026 MANAGEMENT: MR. ATUL TANTIA – JOINT MANAING DIRECTOR AND CHIEF FINANCIAL OFFICER – GPT INFRAPROJECTS LIMITED Page 1 of 11 GPT Infraprojects Limited November 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to GPT Infraprojects Limited Q2 and H1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded. To discuss this quarter's performance, we have from the management Mr. Atul Tantia, Joint Managing Director and CFO. Before we proceed with this call, I would like to mention that some of the statements made in today's call may be forward-looking in nature and may involve risks and uncertainties. For more details, kindly refer to the Investor Presentation and other filings that can be found on the company's website and stock exchanges. With that, I would like to hand over the call to Mr. Atul Tantia for his opening remarks. Thank you, and over to you, sir. Atul Tantia: Thank you. Good morning, everyone, ladies and gentlemen. First of all, I would like to wish you a very Happy Diwali in advance. I welcome you all to the GPT Infraprojects Limited Q2 and H1 FY27 earnings conference call. I hope you have had the opportunity to review our financial results and investor presentations which were uploaded on our website as well as the website of the stock exchanges yesterday. With me, I have Cygnus Partners, our new IR firm, who will be assisting us going forward. Coming to our H1 FY27 performance, execution across our projects remained broadly stable during the period. However, certain projects witnessed temporary moderation due to the West Bengal assembly elections during April and May, along with an extended monsoon across several parts of the country. These factors impacted workforce availability and project execution during the period. With workforce availability now normalized, execution is gaining momentum. Alongside this, improving order inflows and a healthy project pipeline are expected to support our growth outlook for the coming quarters. Despite these temporary hiccups, we continue to make steady progress in strengthening our project portfolio, expanding our presence in railway infrastructure, and diversifying our business through the addition of signaling capabilities and the expansion of our international operations. As we look ahead, we believe that the company is entering into an important phase. The opportunity before us is not merely to grow the scale of our existing operations, but to build on our established engineering and execution capabilities to participate in a wider range of infrastructure projects, improve the business mix, and enhance long-term profitability. Coming to our key business developments, our order book continues to provide a strong foundation for the company's growth. As on date, our outstanding order book stood at approximately INR5,373 crores, equivalent to around 4.3 times our FY26 revenues, providing strong revenue visibility. During the quarter, we secured a significant railway infrastructure order valued at INR484 crores from RVNL for the construction of an important 544-meter long open web steel girder bridge over Mahanadi in Odisha. This order further strengthens our railway infrastructure portfolio. Page 2 of 11 GPT Infraprojects Limited November 05, 2026 Alongside this, Alcon Builders & Engineers, the wholly-owned subsidiary of the company which was acquired in February 2026, has secured multiple signaling contracts aggregating to approximately INR428 crores. This takes Alcon's total outstanding order book as on date to approximately INR480 crores, its highest ever level, providing strong revenue visibility and strengthening our presence in the railway signaling segment. Some of the key contracts secured by Alcon include INR134 crores from Western Railway Ratlam Division for the survey, design, supply and installation, testing and commissioning of 4-Aspect Automatic Block Signaling, Electronic Interlocking, and associated works along various sections of Ratlam Division. INR114.82 crores from Northeast Frontier Railway Katihar Division for the provision of electronic interlocking at 10 stations along the HDN-HUN route. INR85.53 crores contract from Eastern Railway Asansol Division for the commissioning of the automatic signaling using MSDAC Electronic Interlocking at New Mugma and Mugma Yard, approximately 25 kilometers of the dedicated freight corridor section. As discussed in our earlier earnings call, our Africa business is also expected to deliver strong order inflows during the coming quarters, which are providing good visibility from this geography over the next 3 to 4 years. In this regard, I am pleased to share that our subsidiary GPT Concrete Products South Africa Private Limited has secured a significant 5-year contract valued at approximately INR385 crores from Transnet Freight Rail, the primary customer. This order further strengthens our presence in the African railway infrastructure market and provides long-term visibility. For FY27, we expect our African operations to contribute approximately INR80 crores in revenue, with South Africa and Ghana being the principal contributors. We continue to pursue opportunities across our established markets, targeting an order inflow of minimum INR3,000 crores in FY27. Recent order wins will support H2 performance and contribute towards achieving our revenue target. Supported by sustained public sector investments and a favorable infrastructure spending environment, we continue to evaluate opportunities selectively while maintaining a disciplined bidding approach with strong emphasis on project quality, risk management, execution timelines, and expected returns. Our order book strategy remains largely focused on balancing growth with execution quality. With a substantial order book and a healthy bidding pipeline, our priority is to convert these opportunities into timely execution and sustainable growth. Moving on to our financial performance for Q2 and H1 ended September 30th, 2026. Starting with revenue performance on a standalone basis, our revenue from operations for Q2 FY27 stood at INR275 crores compared to INR269 crores in the corresponding quarter of the previous year, registering a growth of approximately 2% year-on-year. For H1 FY27, standalone revenue from operations stood at INR557 crores. On a consolidated basis, revenu [Showing first 8,000 characters — download PDF for full document]