Analysts/Institutional Investor Meet/Con. Call Updates

>::(< pncal PR/COL LIMITED Passion to Excel 109, Race Course, Coimbatore-641 018, India '- +91 422 433 6000 ;:; connect@pricol.com _ pricol.com CIN L34200TZ2011PLC022194 ;._ CUSTOMERS ;._ EMPLOYEES ;._ SHAREHOLDERS ;._ SUPPLIERS PL/SEC/TGT/2026-2027/067 Tuesday, 4th August 2026 Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited “Exchange Plaza’, C-1, Block G 1st Floor, New Trading Ring Bandra-Kurla Complex, Rotunda Building, P J Towers, Bandra (E), Mumbai - 400051 Dalal Street, Fort, Mumbai 400 001 Scrip Code: PRICOLLTD Scrip Code: 540293 Dear Sir, Sub: Con-call Transcript Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith submit the Transcript for the Con-call held on Friday, 31st July 2026 at 04:00 PM (IST) pertaining to Company’s unaudited financial results for the quarter ended 30th June 2026. This is for your information and records. Thanking you Yours faithfully, For Pricol Limited T.G.Thamizhanban Company Secretary ICSI M.No: F7897 Encl. As above PRICOL Limited Q1FY’27 Conference Call July 31, 2026 Moderator: Ladies and gentlemen, good day and welcome to the PRICOL Limited Q1-FY27 Earnings Conference Call. As a reminder, all participant lines will remain 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 the operator by pressing “*”, then “0” on your touchtone telephone. Please note that this conference is being recorded. I will now hand the conference over to Ms. Purvangi Jain from Valorem Advisors for opening remarks. Thank you and over to you. Purvangi Jain: Thank you. Good afternoon, everyone and a warm welcome to you all. My name is Purvangi Jain from Valorem Advisors. We represent the investor relations of PRICOL Limited. On behalf of the company, I would like to thank you all for participating in the Company's Earnings Conference Call for the 1st Quarter of the Financial Year 2027 Before we begin, let me mention a short cautionary statement. Some of the statements made in today's Earnings Call may be forward-looking in nature. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to the management. Audiences are cautioned not to place any undue reliance on these forward-looking statements in making any investment decisions. The purpose of today's Earnings Call is probably to educate and bring awareness about the company's fundamental business and financial quarter under review. Now let me introduce you to the management participating with us in today's earnings call and hand it over to them for their opening remarks. We have with us Mr. Vikram Mohan – Chairman and Managing Director, Mr. P. M.Ganesh – Chief Executive Officer and Executive Director, Ms. Madhura Mohan – Executive Director, Customer Relationship Management and ESG, and Mr. Priyadarsi Bastia – Chief Financial Officer. Without any delay, I request Mr. Vikram Mohan to start with his opening remarks. Thank you and over to you, sir. Vikram Mohan: Thank you, Purvangi, for the introduction. On behalf of my colleagues in this conference room, namaste, ladies and gentlemen, and welcome to the Q1 Earnings Call for the Financial Year ending 31st March 2027. On a consolidated basis, our revenue from operations has been about Rs.1083.58 crores with an EBITDA of Rs.123.69 crores with an EBITDA margin of 11.41%, resulting in a profit after tax of Rs.67.02 crores with a PAT margin of 6.19%, resulting in an EPS of Rs.5.50 per one rupee share. All our performance details have been uploaded, and I hope all of you have had a chance to see the same. Our revenue from operations in comparison to the same quarter for the last financial year has grown by 23.46%, which has been aided by strong industry growth as well as our new product introductions, which has helped us with this growth. The EBITDA has faced some headwinds, as I had already indicated earlier. Our EBITDA, on a quarter-on-quarter comparison between the same quarter for FY26 has grown by only 21.42%. We could have grown by a much higher percentage compared to our revenue, but there have been multiple headwinds caused by the West Asia crisis. Polymer prices have gone through the roof. LPG prices have gone sky high. Freight costs have increased. There has been surge pricing. There has been premium pricing. And minimum wages in three states that we are operating have also gone up very sharply because of the government intervention in the 1st Quarter. While these are not lost earnings, these earnings are delayed and will be recovered through indexation, not entirely, but a large part in the corresponding quarters. As the automotive industry typically has indexation for things like Forex commodity, which are indexed either quarterly or half yearly, we are endeavoring to make everything quarterly indexing. So, by the next two quarters, we will recover whatever earnings that we have lost this quarter on account of all these increases in costs and headwinds. Our PBT for the similar period against Quarter 1 FY26 versus Quarter 1 FY27 has grown by 32.23% and the PAT also has grown by 34.34%. In terms of industry outlook, demand continues to be robust, but the resumption of the war in Iran and those neighboring regions will continue to have an impact on the rupee, which is at an all-time low against the US dollar. And since we are dependent on a significant amount of imports of electronic child parts for our business, this will continue to hamper our profitability, not the top line, which of course we will recover in corresponding quarters. Crude oil prices have also firmed up, prices are increasing and expected to further increase in the coming quarters because of the ongoing crisis. Freight rates are also at a high and expected to remain high for the next few quarters at least from the shipping providers, the intelligence provided by them is at least for the next four quarters shipping rates and freight rates both inbound and outbound will continue to be very high. In addition, raw material prices other than basic raw materials like aluminums die casting and Polymer, even for memory controlled devices, which we are dependent on heavily, prices are increasing very, very sharply quarter on quarter because of the huge demand created by the AI revolution happening across the world. We are mitigating some of these increases through VAV, value analysis and value engineering and productivity enhancement activities and also requested customers for offsetting part of these costs, but some degree of cost will be unrecovered and there will continue to be impact on EBITDA till all these global crises resolve and there is some semblance of normalcy returning to the world. While we endeavor and promise to continue to grow the business with our revenue, EBITDA we believe will continue to remain under pressure for the next couple of quarters till normalcy returns. As I mentioned, it is not lost earnings, but delayed earnings which will come in the subsequent quarters. With this, I would like to move to the question answer session. As a matter of protocol, we would like to ask people to align in the question queue and restrict yourself to one question per person. If you have more than one question, we request you to rejoin the queue so that everyone is given a fair chance to ask their question. Thank you and over to you Purvangi. Moderator: Thank you. Ladies and gentlemen, we will now begin the question-and-answer session. We take the first question from the line of Chandramouli Muthiah from Goldman Sachs. Please go ahead. Chandramouli Muthiah: Hi, good evening and thank you for taking my questions. My first [Showing first 8,000 characters — download PDF for full document]