Analysts/Institutional Investor Meet/Con. Call Updates

August 05, 2026 (cid:373)ावण कृ (cid:705)प(cid:407), स(cid:593)मी िव(cid:354)म स(cid:646)त २०८३ National Stock Exchange of India BSE Limited Limited Corporate Relationship Department, “Exchange Plaza” 1st Floor, New Trading Ring, Rotunda Building, Bandra – Kurla Complex, P.J. Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mumbai – 400 001 NSE Code: GHCLTEXTIL BSE Code: 543918 Dear Sir/Madam, Subject: Filing of Transcript of Investors’ conference call held on July 30, 2026 In continuation to our earlier communication dated July 30, 2026 and pursuant to requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copy of the transcript of the earning conference call by Company’s senior management held on Thursday, July 30, 2026 at 04:00 PM(IST) for your reference and record. Please note that copy of this intimation is also available on the website of BSE Limited (www.bseindia.com/corporates), National Stock Exchange of India Limited (www.nseindia.com/corporates) and website of the Company (www.ghcltextiles.co.in ). You are requested to kindly note the same. Thanking you Yours faithfully For GHCL Textiles Limited Lalit Narayan Dwivedi Company Secretary and Compliance officer Membership No.: FCS10487 Encl: as above “GHCL Textiles Limited Q1 FY27 Earnings Conference Call” July 30, 2026 MANAGEMENT: MR. R.S. JALAN – NON-EXECUTIVE DIRECTOR MR. RAMAN CHOPRA – NON-EXECUTIVE DIRECTOR MR. MARSHAL SONAVANE – CHIEF EXECUTIVE OFFICER MR. M. PARASURAMAN – CHIEF FINANCIAL OFFICER MODERATOR: MS. MEHAL GOGIA – GO INDIA ADVISORS Page 1 of 18 GHCL Textiles Limited July 30, 2026 Moderator: Ladies and Gentlemen, Good Day and Welcome to the GHCL Textiles Limited Q1 FY27 Earnings Conference Call hosted by Go India Advisors LLP. 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 “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Mehal Gogia from Go India Advisors. Thank you and over to you, ma'am. Mehal Gogia: Thank you. Good evening, one and all. It is my pleasure to welcome you on behalf of GHCL Textiles Limited. Thank you for joining us today for the Q1 FY27 earnings call. Today, on the call, we are joined by Mr. R S Jalan – Non-Executive Director; Mr. Raman Chopra – Non-Executive Director; Mr. Marshal Sonavane – CEO; and Mr. M. Parasuraman – CFO. Please note that today's discussion may include certain forward-looking statements. Therefore, they must be viewed in conjunction with the risks that the company faces. I now, invite Mr. Marshal to Present his Opening Remarks after which we will open the floor for “Q&A.” Over to you, sir. Marshal Sonavane: Welcome to the GHCL Textiles Limited Earning Conference Call for the First Quarter-ended June 30, 2026. Our Results and Investor Presentations are available on the Stock Exchange. Let me begin with the operating environment before turning to our performance and the road ahead: The global backdrop continues to present a case of cautious optimism, and the US-Iran conflict remains a source of uncertainty. During the quarter, the conflict drove raw material volatility across both cotton and synthetic fibers, pushing prices higher and causing some delays in order execution at elevated price levels. Markets remain volatile and we are monitoring these developments closely. Despite this external turbulence, the demand environment has been encouraging. The yarn market remains on an upward trend as demand is steady and higher prices are being accepted, albeit with some lag. Domestically, cotton prices witnessed an upward trend during the quarter, rising from Rs.62,000 per candy in April '26 to Rs.67,000 per candy in May '26 and then dropping to Rs.64,000 per candy in June '26, prices have since risen again to Rs.68,000 per candy. Page 2 of 18 GHCL Textiles Limited July 30, 2026 On the global front, cotton markets, particularly in New York futures, have also increased, driven by the ongoing international trade situation, reaching to 80 cents per pound at the end of June '26. On trade policy, the execution of the India-UK free trade agreement and the upcoming execution of the India-Europe agreement represent meaningful structural tailwinds for the Indian textile value chain. The new duties imposed by the US on Indian exports replaces the erstwhile tariffs of similar magnitude. Clauses on treating a tariff data quota for the competing nations and for the potential conclusion on USTR Section 301 overcapacity probe needs to be evaluated further to assess overall impact. Turning to our own operations: We continue to maintain optimum utilisation and advance our operational excellence agenda. Of our total yarn production, 89% was sold directly to customers and the balance 11% was consumed in fabric production. Our share of fabric sales to total sales has increased to 16% in this quarter compared to 9% in the same quarter of last year. Our positioning as a preferred supplier has allowed us to strengthen relationship with global and domestic brands, optimise our product and customer basket, and sharpen our focus on value-added products. Our business has delivered robust performance and same is reflected in reported financials. In Q1 FY27, revenue came in at Rs.410 crores, up 52% on a year-on-year basis. EBITDA was Rs.70 crores and PAT was Rs.39 crores. On our project pipeline: The first 50 knitting machines were installed, with commercial production stabilised and quality acceptance from customers is good. We are going ahead with the remaining 25 knitting machines in phases, with part deliveries received by us and remaining to be completed during this year. Additional project pipeline includes additional 11 MW solar energy and land allotment under PM MITRA Park. These are under progress and we will share more details on these as they develop. Looking ahead, demand tailwinds appear to be strengthening on the back of FTA pipeline and domestic demand, which has been growing consistently. The evolving US-Iran situation remains a key headwind trigger, along with the US tariff policies and related investigations. Our strategic priorities are clear -- Expanding our value-added product portfolio, deepening engagement with key customers, driving operational excellence, and enhancing vertical integration Page 3 of 18 GHCL Textiles Limited July 30, 2026 to support sustainable growth. This will enable us to navigate the volatility and maintain our desired performance. GHCL Textiles is well-placed to capture these opportunities. We remain committed to creating long-term value for our shareholders and we thank you for your continued confidence and support. We are now happy to take your questions. Moderator: We will now begin the question-and-answer session. We take the first question from the line of Saransh Gupta from SVAN Investments. Please proceed. Saransh Gupta: Yes, thanks so much for the opportunity and congratulations on a really good set of results. Sir, I had a few questions that I wanted to ask. Firstly, what kind of cotton inventory do we have currently? Marshal Sonavane: So, Saransh, we maintain typically cotton inventory for the season. So, as of now, we are well- covered till the beginning of new season. Saransh, you had a few questions, right? Saransh Gupta: Yes, sir. So, it was that at what current level of cotton inventory are we at, like how many more months of cotton inventory do we have and so forth? Marshal Sonavane: Yes, so I answered that we are well-covered till the beginning of new season, which will be about November-December. Saransh Gupta: Okay, so November-December, understood. And, sir, currently, we saw volatile prices of raw materials, so, what are the spreads [Showing first 8,000 characters — download PDF for full document]