Earnings Call Transcript

To, Date: 10.08.2026 BSE Limited, National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra- Kurla Complex, Mumbai-400001 Mumbai 400051 Scrip Code: 538920 Symbol: VINCOFE Sub: Transcript of the Earnings Conference Call on Un-audited Financial Results of the Company for the quarter ended June 30, 2026 Unit: Vintage Coffee and Beverages Limited Dear Sir/ Madam, In continuation to our Letter dated 03.08.2026 and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Earnings Conference Call on the un-audited financial results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. The transcript is also available on the website of the Company at https://vcbl.coffee/. This is for the information and records of the Exchanges, please. Thanking you. Yours sincerely, For Vintage Coffee and Beverages Limited Balakrishna Tati Chairman & Managing Director DIN: 02181095 Encl: as above “Vintage Coffee and Beverages Limited Q1 FY27 Earnings Conference Call” August 03, 2026 MANAGEMENT: MR. BALAKRISHNA TATI – CHAIRMAN AND MANAGING DIRECTOR – VINTAGE COFFEE AND BEVERAGES LIMITED MR. SAI TEJA TATI – EXECUTIVE DIRECTOR – VINTAGE COFFEE AND BEVERAGES LIMITED MR. KRANTHI KUMAR YARKALI – CHIEF FINANCIAL OFFICER – VINTAGE COFFEE AND BEVERAGES LIMITED MR. JAWAHAR CONJEEVARAM – HEAD, SALES AND MARKETING – VINTAGE COFFEE AND BEVERAGES LIMITED MODERATOR: MR. PALASH KAWALE – NUVAMA WEALTH Page 1 of 26 Vintage Coffee and Beverages Limited August 03, 2026 Moderator: Ladies and gentlemen, good day and welcome to Q1 FY27 Conference Call to discuss Operational and Financial Performance of Vintage Coffee and Beverages Limited, hosted by Nuvama Wealth. 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 star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Palash Kawale from Nuvama Wealth. Thank you, and over to you, Mr. Kawale. Palash Kawale: Thank you. Good morning, everyone. I welcome you all on behalf of Nuvama Wealth. I thank the management of Vintage Coffee and Beverages Limited for the opportunity to host their Q1 FY27 Earnings Call. We have with us today, Mr. Balakrishna Tati, Chairman and MD; Mr. Sai Teja Tati, Executive Director; Mr. Kranthi Kumar Yarkali, Chief Financial Officer; and Mr. Jawahar Conjeevaram, Head of Sales and Marketing. I will now hand over the call to Mr. Balakrishna Tati to take us through the quarter. Thank you all, and over to you, Bala sir. Balakrishna Tati: Thank you, Palash. Good morning. everyone. Welcome to Q1 FY27 Earnings Conference Call of Vintage Coffee and Beverages Limited. On behalf of the management, I would like to thank all investors, analysts, and stakeholders for joining us today for your continued trust and support. Q1 FY27 is an important quarter for us because this quarter we have achieved a great milestone marked by strong financial performance, successful capacity expansion, and disciplined execution. Just I'll give a small glance about the financial performance of Q1 FY27. Q1 was another strong quarter for the company, reflecting healthy demand for improved operating scale despite the seasonal lean period. Revenue for the quarter stood at INR161 crores, registering a robust year- on-year growth of 58.4% compared to INR101.6 crores in Q1 FY26. EBITDA increased to INR31.6 crores from INR18 crores in the corresponding quarter last year, representing a growth of 75.2%. Profit after tax stood at INR20.8 crores compared to INR14.2 crores in Q1 FY26, reflecting a healthy growth of 46.1%. Our PAT margin remained strong at 12.9%, demonstrating our ability to sustain profitability while continuing to invest in future growth initiatives. Alongside our strong financial performance, the company also made significant progress in expanding its manufacturing capacities. As many of you may recall, we commissioned an additional 2,000 metric tons of production capacity in January 2025, taking our total installed capacity to 6,500 metric tons. Further, we increased the capacity by another 4,500 tons at the end of FY26, taking the total installed capacity to 11,000 metric tons, representing an increase of approximately 69%. Page 2 of 26 Vintage Coffee and Beverages Limited August 03, 2026 The most important factor is that the entire expansion has been carried out completely through the internal accruals reflecting the company’s strong cash generation capabilities and disciplined capital allocation approach. The expanded capacity became fully operational in Q1 FY27 and positions us well to support future demand while enhancing operating leverage. We are pleased to inform our stakeholders, as we have already communicated, that the National Company Law Tribunal (NCLT) has approved the amalgamation of our wholly owned subsidiaries, Vintage Coffee Private Limited and Delecto Foods Private Limited, with Vintage Coffee and Beverages Limited, effective July 21, 2026. This strategic consolidation brings all business under a single corporate entity, enabling us to optimize manufacturing facility, equipment, and human resources. The merger is expected to improve operational efficiency, reduce administrative costs, strengthen the profitability, achieve greater economies of scale, and create long-term value for all stakeholders. With regard to the upcoming expansion of freeze-dried coffee, we continue to make steady progress on our proposed expansion plan, with an installed capacity of 5,500 metric tons per annum. The company has secured the land from the Telangana Government under the Food Processing Zone and has also paid substantial advance amounts to the equipment suppliers, and the construction operations are being started. With this additional 5,500 metric tons of freeze-dried coffee capacity, the company is going to have a significant increase in its total capacity, from 11,000 to 16,500 metric tons per annum. With regard to the coffee market, prices are now more or less stable at a level of around 3,500 to 3,800 per metric ton. Based on the current market outlook, we expect prices to remain broadly within this range during the current year. Brazil is expected to witness a healthy crop, which is a positive factor for supply. On the other hand, weather-related risks, including their potential impact, could affect production. Considering these offsetting factors, we believe green coffee prices are likely to remain relatively stable over the near term. On the logistics front, geopolitical tensions in the Middle East resulted in higher LPG and diesel prices and led to a modest increase in transit times during the disruption. However, the situation has stabilized to a considerable extent, and the overall impact on our business remained negligible, as our exposure to the Middle East market is relatively limited. Our continued focus on strategic expansion, customer-centric innovation, operational excellence, and disciplined execution continues to drive strong business performance. Thank you once again for joining us today. We will now open the floor for questions. Thank you. Moderator: Thank you very much, sir. Ladies and gentlemen, we will now begin the question-and-answer session. The first question is from the line of Priyanshu Jain from Growth X Infimity. Please go ahead. Page 3 of 26 Vintage Coffee and Beverages Limited August 03, 2026 Priyanshu Jain: Hi, am I audible? Moderator: Yes, you are. Please proceed. Priyanshu Jain: Hi sir, congratulations on a great set of results. So, I have a few questions. First will be on the utilization side. So, from the capacity which we have added recently, the 4,500 metric tons, so like from that capacity, we sta [Showing first 8,000 characters — download PDF for full document]