Analysts/Institutional Investor Meet/Con. Call Updates

effi NrrrrV SPTNNERS a Is$tBd iot h*rniu! $ilb5Jdnees o(cording lo Oeko_Iexe 5londord 100 REF: NSL/SG/2026-27/ Date: t3.08.2026 BSE Ltd. National Stock Exchange of lndia Ltd. Ph irozeJ eej eeb hoy Towers Exchange Plaza, C-1, Block G, Dalal Street BandraKurla Complex, Mumbai- 400 001 Bandra (E), Mumbai- 400 051. Company Code - 532698 Company lD - NITINSPIN Sub. : Transcript of Analvst/!nvestor Earnines Call held on 10.08.2025 Dear Sir/Madam, Pursuant to regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2OL5, please find attached transcript of the Company's Analyst/ investor Call held on Aug LO, 2026 on Operational and Financial Performance of the Company for the Quarter ended 30th June, 2026. The same is also available on the website of the Company i.e. www.nitihspin ners.com. Thanking you, Yours faithfully, For- Nitin Spinners Ltd. (Sudhir Garg) Company Secretary & VP (Legal) M.No. ACS 9684 ClN. : L17 1[1RJ1 992PLC006987 R^ei:oid . ,o ;f #fic ;e f i& p ill ia .n it ; : er lc ruJ iri 'iK nim lo. nS itt io nn se p, inch ni ett ro sr . cR oo mad , , H wa em bsir ig tea rh : , w wB whi .l nw ia tinra s p( iR nna ej. r) s 3 .c1 o1 m 025 SUPIMA USTERIZED' WORLD'S FINEST COTTONS intertek intortek COTTON USA “Nitin Spinners Limited Q1 & FY27 Earnings Conference Call” August 10, 2026 MANAGEMENT: MR. DINESH NOLKHA – CHAIRMAN AND MANAGING DIRECTOR – NITIN SPINNERS LIMITED MR. NITIN NOLAKHA – MANAGING DIRECTOR – NITIN SPINNERS LIMITED MR. P. MAHESHWARI – CHIEF FINANCIAL OFFICER – NITIN SPINNERS LIMITED MODERATOR: MR. AWANISH CHANDRA – SMIFS LIMITED “E&OE - This transcript is edited for factual errors and readability. In case of discrepancy, the audio recordings uploaded on the stock exchange on 11/08/2026 will prevail.” Page 1 of 19 Nitin Spinners Limited August 10, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Nitin Spinners Limited Q1FY27 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. Please note that this conference is being recorded. I would now hand the conference over to Mr. Awanish Chandra from SMIFS Limited. Thank you, and over to you. Awanish Chandra: Thanks a lot, Muskan, and thank you very much, everyone, for joining this call. On behalf of SMIFS Limited, I welcome you all to First Quarter Financial Year FY27 Earnings Conference Call of Nitin Spinners Limited. We are pleased to host the top management of the company. Today, we have with us Mr. Dinesh Nolkha, Chairman and Managing Director of the company; Mr. Nitin Nolakha, Managing Director of the company; and Mr. P. Maheshwari, Chief Financial Officer. We will start the call with initial commentary on the results, and then we will open the floor for question-and-answer. Now I will hand over the call to Mr. P. Maheshwari, CFO of the company. Over to you, Maheshwari, sir. P. Maheshwari: Thank you, Awanish. Good afternoon, and a warm welcome to all the participants to this Q1 FY27 earnings call of Nitin Spinners Limited. I hope you have had a chance to go through the financial results and investor presentation available on the company's website and stock exchanges. I will start with a brief overview on operational and financial performance for the quarter. Post that, our CMD, Shri Dineshji, will give you an overview of industry and business scenario. Coming to our financial and operational performance, Q1 FY27, the company has reported another quarter of strong allround performance with improvement in revenue, EBITDA and PAT. Revenue for Q1 stood at INR875 crores, which is a growth of 10.3% on a year-on-year basis and 1.8% on a quarter-on-quarter basis. It is our highest ever quarterly revenue for second time in a row, driven by improvement in yarn realizations and better demand scenario. EBITDA before other income for the quarter stood at INR155.6 crores, which is a growth of 39.85% on year-on-year basis and 19.3% on quarter-on- basis. EBITDA margin for this quarter stood at 17.78% against Q1 FY26 margins of 14.02% is an increase of 376 bps on a year-on-year basis and 261 bps on quarter-on-quarter basis. That is due to improved realization and cost saving initiatives. Profit after tax for the quarter stood at INR75.3 crores is a growth of 83.63% on year-on-year basis and 31.2% on quarter-on-quarter basis. EPS and cash EPS for the quarter stood at INR13.39 and INR20.08 per share, respectively. In terms of geographical split of revenue, export contributed nearly 65% and domestic 35% of the Page 2 of 19 Nitin Spinners Limited August 10, 2026 total revenues during the quarter. In FY27, our spinning capacity was operating at 98% utilization and woven fabric over 92% utilization. That is all from my side. I now request Shri Dinesh-ji to share his insights about the industry and business scenario. Thank you, and over to Shri Dinesh. Dinesh Nolkha: Thank you, Maheshwari-ji. Good afternoon, everyone. FY27 has commenced on a positive note for the textile industry. This positive momentum has been supported by an improvement in demand from the last quarter itself following the removal of the additional tariffs by the U.S. Cotton prices increased during quarter 1 by about 8% to 10%, primarily driven by overall lower global production, global supply chain and logistics challenges due to West Asia war. Government of India due to this has also removed the import duty on cotton so looking to the higher prices in the domestic as well as international markets. The price parity between international and domestic cotton improved, which was one of the factor for the improvement in the performance of the textile industry. The upstream textile industry also witnessed an improved market scenario with yarn prices increasing higher than the cotton prices, supported by healthy demand from both the domestic and export markets. The increased demand of cotton yarn in export market from China was one of the factors for a better demand scenario for the Indian spinners. The recently implemented India U.K. FTA is also expected to support India's exports by opening up new sourcing and export opportunities for the Indian textile sector. Other trade agreements like EU-FTA will also play an important role in creating a more level playing field for India against other competing textile nations. India's textile sector continues to have good long-term growth potential, supported by its large manufacturing base, raw material availability, increasing focus on value-added products, innovation and sustainability. Further favorable government initiatives and increasing global interest in diversified sourcing will contribute to the improved -- going forward, the improved demand. We anticipate that the demand for fabric and yarn will continue to be better, supported by demand coming from growth across the downstream sector and the consolidation of the spinning industry. Coming to the company's performance, we are pleased to announce our highest ever quarterly revenue for the second consecutive quarter at about INR875 crores, driven by improved yarn realizations with better demand environment and optimum capacity utilization. The fabric business witnessed a stable pricing environment compared to the previous quarter. Margins for the quarter improved on both a sequential and on a year-on-year basis as well. This improvement was primarily driven by higher realizations across our products and the cost saving initiatives. Going forward, our -- one of our future growth driver will be our capacity addition, which is going -- progressing as schedule with the expansion of our fabric capacity by another 35 million meters and spinning capacity by additional 74,000 spindles. We anticipate closing financial year Page 3 of 19 Nitin Sp [Showing first 8,000 characters — download PDF for full document]