Analysts/Institutional Investor Meet/Con. Call Updates

Ref: BIRLANU/SE/2026-27/34 August 12, 2026 To To BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street, 5th Floor, Exchange Plaza, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 509675 Scrip Symbol: BIRLANU Through: BSE Listing Centre Through: NEAPS Sub: Transcript of Investors’ Conference Call on Q1&FY27 Financial Results Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, In continuation to our letters dated August 3, 2026 and August 7, 2026, please find attached transcript of the Analyst/Investors’ Conference Call held on August 7, 2026 on the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026. The copy of the said transcript is also available on the website of the Company at www.birlanu.com. Kindly take the same on record. Yours faithfully, For BirlaNu Limited (formerly HIL Limited) Nidhi Bisaria Company Secretary & Compliance Officer Membership No. F5634 Encl. as stated PIPES CONSTRUCTION CHEMICALS PUTTY ROOFS WALLS FLOORS BirlaNu Limited (formerly HIL Limited) Corporate Office: BirlaNu Limited, 6th Floor, Birla Tower, 25 Barakhamba Rd, New Delhi - 110001 Registered Office: Office No. 1 & 2, L7 Floor, SLN Terminus, Sy. No. 133, Near Botanical Gardens, Gachibowli, Hyderabad - 500032, Telangana, India. CIN: L74999TG1955PLC000656 +91 40 6824 9000 customercare@birlanu.com www.birlanu.com BirlaNu Limited Q1 FY27 Earnings Conference Call Transcript August 07, 2026 Moderator: Ladies and gentlemen, good day, and welcome to BirlaNu Limited Earnings Conference Call. 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 touch-tone phone. I now hand the conference over to Mr. Mit Shah from CDR India. Thank you, and over to you, Mr. Shah. Mit Shah: Thank you, Danish. Good afternoon, everyone, and welcome to BirlaNu Limited's Q1 FY27 Earnings Conference Call for investors and analysts. Today, we have with us Mr. Akshat Seth, Managing Director and CEO of the company, and Mr. Ajay Kapadia, Chief Financial Officer. We will first have Mr. Akshat Seth making his opening comments, and he will be followed by Mr. Ajay Kapadia, who will take you through the financial perspectives that lie ahead. Before we begin, I would like to point out that certain statements made in today's call could be forward-looking in nature, and details in this regard are available in the earnings presentation, which has been shared with you earlier. I would like to invite Mr. Seth to present his views on the performance and strategic imperatives. Thank you, and over to you, Sir. BIRLANU LTD’S Q1 FY27 EARNINGS CALL TRANSCRIPT Page 1 of 24 Akshat Seth: Thank you, and good afternoon, everyone. It is a pleasure to welcome you all to BirlaNu's Quarter 1 FY27 Earnings Call. Amidst one of the most volatile external environment headlined by the Middle East conflict and its impact on global supply chains and pricing, I am happy to say BirlaNu has delivered a strong quarter, delivering on both growth and profitability. This performance was enabled by the efforts over the last couple of years to strengthen our product portfolio, sharpen our execution engine to drive operational efficiency and to build brand salience. Quarter 1 performance, as it was for quarter 4 last year, is a visible impact of these strategic initiatives, and we will only intensify the pace of this transformation in coming quarters. The India business has been off to a great start in FY27. We grew our revenue base by about 11% to Rs. 833 crores, while EBITDA grew by 71% to reach Rs. 98 crores. As you can see, margins have improved by about 410 basis points over last year. This is headlined by the Pipe segment, where our margins expanded by 660 basis points, nearly 7%, and Roofs by nearly 4%. With double-digit margins and growth, this quarter demonstrates our stated objective of value-building growth. The key highlight of this performance includes In the Roofs segment, we broke all previous records, crossing the Rs. 500 crores mark for the quarter. In fact, we did Rs. 517 crores to be precise, which represents a growth of 17% over last year. We reinforced our leadership position and increased our market share by about 1%. From a cost perspective, despite inflation, disciplined cost management and operating leverage translated into a margin expansion of nearly 4%. The Walls business continued its strong momentum with revenue growth of over 14%, led by robust demand across both panels and blocks. Focused market development initiatives and stronger sales BIRLANU LTD’S Q1 FY27 EARNINGS CALL TRANSCRIPT Page 2 of 24 execution across customer segments supported improved realizations, which together with disciplined cost management drove margin expansion by nearly 3%, 270 basis points to be precise. The Pipes business navigated an exceptionally challenging market environment during the quarter with sharp swings in resin prices. You recall, in March, there was a price rise of nearly 60%. This was followed by a decline of about 30% in April, which resulted in sharp decline in demand, particularly in the month of April. Despite these headwinds, the business demonstrated strong execution, delivering one of the strongest margin improvements within the portfolio with EBITDA margins expanding by over 660 basis points, while sales rebounded strongly through May and June on the back of disciplined pricing, focused market execution and cost management. Construction Chemicals was the business that was most adversely impacted by the Middle East conflict. Our key raw material prices increased by over 50%, while disruptions across customer industries, for instance, tile industry was badly impacted and project execution led to a temporary slowdown in demand across several application segments. Despite these headwinds, we delivered 11% revenue growth, supported by focused sales acceleration initiatives and a significant expansion in our portfolio. This strengthened our presence across high-growth application segments and broadened our customer reach. Moving on to Parador, where despite the Middle East crisis and the demand slump that was introduced or induced by that crisis in our core European markets, we did well to sustain revenue at last year's levels. The order book is healthy. It is up over 10% over last year, and the pipeline indicates a strong recovery in H2. BIRLANU LTD’S Q1 FY27 EARNINGS CALL TRANSCRIPT Page 3 of 24 Profitability was impacted due to cost pressures and less than projected revenue trajectory. We are confident of an improved margin profile for the rest of the year with a slew of value enhancement initiatives in place, including a focused cost-out program being led by BCG. You recall, last year, we had done a similar program with BCG for the India business, and now we are doing the same thing for Parador. This short-term turbulence aside, Parador is making rapid strides in its strategic build of new markets, especially U.S. and India. New customers, especially in the commercial channel and deepening its core, the DIY and retail in Europe. At a consolidated level, the revenue for quarter 1 grew by just short of 12% to Rs. 1,174 crores, and the EBITDA improved significantly to INR 80 crores, which is about 35% higher compared to previous year. Before I close, I also want to share the progress on some of our strategic initiatives. Our strategic capacity expansion program will add a new chapter with the approval of a new Boards plant near Hyderabad to supplement the greenfield plant being constructed in Nellore. This reflects our confidence in the long-term growth opportunity within the premium board’s category. Our inno [Showing first 8,000 characters — download PDF for full document]