Analysts/Institutional Investor Meet/Con. Call Updates

August 11, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (East), Mumbai - 400 051. Scrip Code: 500350 Scrip Code: RSWM CIN: L17115RJ1960PLC008216 Subject: Transcript of Q1 FY27 Earnings Conference Call held on Wednesday, August 5, 2026. Dear Sir, Please refer to our Earnings Conference Call, scheduled for Wednesday, August 5, 2026, at 5:30 PM (IST), as intimated in our letter dated July 29, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Q1 FY27 Earnings Conference Call transcript. The transcript is also uploaded on the company's website: www.rswm.in. You are requested to take the same on record. Thank you. Yours faithfully, For RSWM LIMITED SURENDER GUPTA CHIEF COMPLIANCE OFFICER & COMPANY SECRETARY FCS-2615 rswm.investor@lnjbhilwara.com (Formerly Rajasthan Spinning & Weaving Mills Limited) Corporate Office: Registered Office: Bhilwara Towers, A-12, Sector-1, Kharigram, Post Office Gulabpura - 311021, Noida - 201301, NCR-Delhi, India Dist. Bhilwara, Rajasthan, India Tel: +91-120-4390300 (EPABX) Tel: +91-1483-223144 to 223150, 223478 Fax: +91-120-4277841 Fax: +91-1483-223361,223479 W: www.rswm.in W: www.lnjbhilwara.com GSTIN: 09AAACR9700M1Z1 GSTIN: 08AAACR9700M1Z3 Page 0 of 17 RSWM Limited Q1 FY27 Earnings Conference Call Transcript Wednesday, August 05, 2026 Management Team  Mr. Rajeev Gupta, JMD  Mr. Manoj Bansal, CTO & CRO  Mr. Nitin Tulyani, President & CFO  Mr. Surender Gupta, Chief Compliance Officer & CS  Mr. Rakesh Jain, Senior General Manager - Corporate Finance 1 | Page Moderator: Ladies and gentlemen, good evening and welcome to the RSWM Limited Q1 FY27 Earnings Conference Call hosted by Rik Capital. 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 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. Richa Singh. Thank you and over to you, ma'am. Richa Singh: Thank you, Reyo. Good evening and welcome everyone to RSWM Limited Q1 FY27 Earnings Conference call. Today from the management, we have Mr. Rajeev Gupta – Joint Managing Director, Mr. Manoj Bansal – Chief Transformation and Chief Risk Officer, Mr. Nitin Tulyani – President and CFO, Mr. Surendra Gupta – Chief Compliance Officer and Company Secretary, Mr. Rakesh Jain – Senior General Manager (Corporate Finance). Before we proceed with this call today, I would like to take this opportunity to remind everyone about the disclaimer related to this conference call. Today's discussion may be forward-looking in nature based on management current beliefs and expectations. It must be viewed in conjunction with the risk that our business faces that could cause or differ from future results and performance, which is expressed or implied by such forward-looking statements. I now hand over the conference to Mr. Rajeev Gupta for the industry outlook following that Mr. Nitin Tulyani will take over the financial overview. Thank you and over to you, Sir. Rajeev Gupta: Thank you. Good evening, everyone. So, it is my pleasure to welcome you all to the RSWM Limited Q1 FY27 Earnings Conference Call. Let me take you through the industry outlook and the business environment for the quarter ended June 30, 2026. Our Financial Results, Investor Presentation and Press Releases for the quarter have already been uploaded in the Stock Exchange. I hope you got an opportunity to have a look on these. 2 | Page The global textile industry continues to operate in a gradually improving yet uncertain environment with the demand across the pre-international markets showing sign of stabilization as the inventory correction has already largely moderated. Discretionary consumer spending in the several developed economies remains subdued resulting in a gradual rather than broad-based recovery in textile apparel demand. At the same time, sourcing strategy of global brands continues to evolve with increasing efficiencies on supply chain resilience, sustainability and value-based products. However, on micro level, operating environment during Q1 was influenced by mixed demand trends across geographies with increasing domestic demand while export markets continue to witness a major recovery with the select customers of ordering patterns. Demand from certain export markets, including parts of Middle East, remains subdued during the quarter. Global brands increasingly focus on reliable suppliers capable of delivering quality, sustainability and product innovation, reinforcing India's position as a preferred sourcing destination. The quarter also witnessed India governments encouraging policy developments including continued progress on international trade agreements and initiatives aimed at improving round table availability. At the same time, geopolitical developments including the West Asia conflict contributed to supply chain disruptions and volatilities in energy costs as well. Elevated crude oil prices have influenced input costs for synthetic yarn particularly. In addition, the evolving global trade landscape including the recent US tariff developments may lead to shifts in global sourcing patterns, creating selective opportunities for competitive Indian textile manufacturers over the medium term. Overall volatility in raw material prices, geopolitical uncertainties and evolving global trade dynamics continue to require prudent planning and operational agility. Now, sharing the outlook that we feel, for the Indian textile industry, the long-term outlook remains encouraging despite the near-term volatility supported by a strong manufacturing ecosystem, vertically integrated value chain, skilled workforce and improving policy support. Structured developments including recently concluded India-UK free trade agreement, ongoing discussions on India-EU free trade agreement and increasing diversification of global sourcing from concentrated manufacturing hubs are expected to create meaningful opportunities for Indian textile exporters over the medium to long term, particularly for the value-added and forward-integrated products. Improved cotton availability and softer cotton 3 | Page prices, supported by a favorable policy environment and a better crop outlook are also expected to benefit our cotton value chain. Our strategic priorities of RSWM remains unchanged, strengthening the product portfolio, improving operational excellence, expanding our presence in value-added segments and maintaining disciplined cost management under RSWM 2.0 initiative. At RSWM, we remain focused on factors within our control by increasing the share of value-added products, improving manufacturing efficiencies and strengthening customer relationships across domestic and international markets. We continue to leverage our diversified product portfolio and integrated manufacturing capabilities to respond effectively to changing customer requirements while maintaining discipline on cost and capital allocation. Further, as India-UK free trade agreement opens new opportunities for the Indian textile sector, we are actively exploring forward integration activities to maximize our potential arising from this FTA. This aligns our long-term strategy of increasing value addition, strengthening customer relationships and expanding our presence in the high-value textile manufacturing products. As we all have been discussing, sustainability remains to be an integral part for RSWM in our long-term strategy through increasing use of renewable energy, resource efficacy and circular economy init [Showing first 8,000 characters — download PDF for full document]