Analysts/Institutional Investor Meet/Con. Call Updates

BHAGYANAGAR INDIA LIMITED 1S0-9001-2008 Certified Company Ragistersd Offica : Surana Group Plot No. 9/13/1 & P-9/14, I.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +91 40 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L27201TG1985PLC012449 BIL/SECT/34/2026-27 Date: 30" July, 2026 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Limited, BE ax nc dh ra an g Ke rP ll aa z Ca o, mC p- l1 e, B ,l o Bc ak dG r, a E); DP ah li ar lo z Se rJ ee ee t,j eebhoy Towers, Mumbai- 400 051, Mumbai- 400 001. Serip Code: BHAGYANGR |__Serip Code: 512296 Dear Sir/Madam, Sub: Transcript of Earnings call / Investor meet Ref: BIL/SECT/33/2026; Dated: 28th July, 2026 (IRpP Inr eu d So qr i Tv us a )iu i sa r tLin e oio t m mn e is it n t so t e o s d ufR ’) g R S tu ee ( hl c g “ eua u C rt l foi ai it mto ni pi an e nos as cn n is3 y a,a0 l” n )2d rr 0 e s1 E ua E 5 a ld x , r c n sw a ih si fna ot gn rah g m tce e a hP l ena l dr /B ea io I da snA ,r tv d e qw so ue tf ao o f ra tP t ea mtI rr ean t ecd e h ni tA a h eheo de( rf L le 3i d w 0s S it "oc ti n h hn J,e g ud t n2u h e8Ol e ,tb e hl t i r 0I Jg a 2I unaI 6ls t .c yia r on i 2nd ps 0t 2o oa 6t fnh de aBr th aD 0a i g 4p s yp :c al 0li n 0oc asa g Pub arl Mree wT eh be s ia teu :d i ho t ta pn s:d / /v bi had ge :o fr ae nc ao gmr nd di in ag , ca ol mo /n ig n vw ei st th o rt -h re e lt ara tn is oc nr si /p it n vis e sa tl os ro — mu ep el to ia md ge [,d in the Company’s Kindly take the above information on records. Thanking you, Yours truly For BHAGYANAGAR INDIA LIMITED DEVENDRA SURANA MANAGING DIRECTOR DIN 00077296 Encl/A FINPORTAL EARNINGS CALL Q1FY27 TRANSCRIPT BHAGYANAGAR INDIALTD BH 28thJuly, 2026 @ 4:00 PM Onwards SPEAKER: Devendra Surana Advait Surana | Surendra Bhutoria Rahul Surana l Anusha Devi Managing Director Business Development | Chief Financial Officer Finance Manager Accounts Manager Manager FINPORTAL LET'S CONNECT » B ir@finportalin.com ; 28th July, 2026 | 4:00 PM IST BHAGYANAGAR INDIA LIMITED BHAGYANAGAR INDIA LIMITED Q1 FY27 Earnings Conference Call Transcript | 28th July, 2026 | 4:00 PM IST MANAGEMENT DISCUSSION Moderator: Good afternoon, everyone, and welcome to the Q1 FY27 earnings call of Bhagyanagar India Limited. We sincerely thank you for joining us today. During today's call, the management will discuss the company's operational and financial performance for the first quarter of FY27, followed by an update on key business developments, strategic priorities and the outlook ahead. This will be followed by an interactive Q&A session. Before we begin, | would like to remind everyone that certain statements made during this call may be forward-looking in nature. These statements are based on the management's current expectations and assumptions and are subject to various risks and uncertainties. Actual results may differ. Please also note that this conference call is being recorded for compliance purposes. We request all the participants to note that this call will last for an hour and we appreciate your support in keeping the discussion within the allotted time. Representing the management today, we have with us o Mr. Devendra Surana - Managing Director e Mr. Advait Surana - Business Development Manager e Mr. Surendra Bhutoria - Chief Financial Officer e Mr. Rahul Surana - Finance Manager e Ms. Anusha Devi - Accounts Manager. | now invite the management team to deliver their opening remarks. Following their address, we will open the floor for the Q&A session. Thank you and over to you. Devendra Surana: Thank you. | once again welcome all of you to this investor conference call after the Q1 FY27 results. | am glad to announce that we have had a very good quarter again, with a turnover of 700 crores. Before | hand over to Advait to take you through the detailed presentation which has been prepared, | just wanted to say a couple of things. In the first two months, because of the disruption of all the trade routes and the shortage of material all over the country, while the turnover came down, we could take advantage of the situation by increasing our margins. However, for the whole quarter, our volume has come down to 5,200 tons. But the good part of this is that 2,200 tons of the 5,200 tons has come only in the month of June. So, with this run rate, we should well achieve the goals and targets which we have set for the year. | will now hand it over to Advait to take you through the presentation. Advait Surana: Hello, everyone. These are some of our financials for this quarter. e We achieved a revenue of over 700 crores. We have had our highest EBITDA margin of recent times at 5.43%, our highest PAT margin of 2.87%. e We have achieved sales volumes of 5,200 tons. We have also had our highest share of value-added products sold this quarter, which is 63% and our highest EBITDA per kg of 72 rupees. These are some of the timelines of what has happened with some of our products. The products which were launched recently, like the transformer products, the tin-coated bus bars and the Page10f14 ; 28th July, 2026 | 4:00 PM IST BHAGYANAGAR INDIA LIMITED data center products, have all been successful and we have seen large dispatches in these areas. We have also finished adding our capacity of 35,000 metric tons, which is online now. A little bit about the restructuring of the companies. We are going to form a new company called Tieramet Limited, which will be a wholly owned subsidiary of Bhagyanagar India. All the copper business will move from Bhagyanagar Copper to Tieramet and then Bhagyanagar Copper will be merged with Bhagyanagar India, while Tieramet is demerged outside. So, what will be left in Bhagyanagar India will be the three land parcels, which are in the heart of the city and our windmill project, while Tieramet will have all our copper infrastructure and businesses. Currently, the NCLT hearing is scheduled for the 7th of August, after which we should soon be able to complete this restructuring. The purpose of this restructuring is mainly value unlocking and to have a focus purely on the copper business. This is some of the market research done by a third party. As we can see, India is actually one of the fastest growing copper users in the world, with around 2.4 million metric tons projected to be consumed in India by 2030. Out of this, if you look at the secondary copper demand, it is expected to double in the next 5 years, from 0.7 million metric tons to 1.4 million metric tons. These are some of the things that give us a competitive advantage. We have the most diverse product profile in India and we are present in multiple very high-growth sectors like EVs, Al data centers, transformers and electrification. So, we are positioned in the perfect way to take advantage of this growing demand. These are some of the products that we are doing. We have also expanded our export portfolio. In the last quarter itself, we have exported more than 100 tons of bus bars to North America and we are also exporting a lot of transformer products all over the world. These are some of our key financial metrics. e We have achieved a PAT of 20 crores this quarter, which is a 9.5% growth from the last quarter and a 167% growth from the first quarter of last year. e We have achieved an EBITDA margin of 5.43%, which is a 10.38% growth over the last quarter and a 63% growth over the first quarter of last year. e We have achieved a PAT margin of 2.87%, which is a 14% growth from the last quarter and an 84% growth from last year. e Our sales volumes have dropped, though; they have gone to 5,278 tons, which is a 9.5% decrease from the last quarter and a 6.5% decrease from last year. e These are some of the key financial metrics and how they have changed over time. This quarter, we have achieved an ROE of 29%, an ROCE of 18.5% and our highest value-added product share yet, of 63%. This is how o [Showing first 8,000 characters — download PDF for full document]