Analysts/Institutional Investor Meet/Con. Call Updates

CIN: L55101WB1999PLC090672 Email : corporate@speciality.co.in Morya Land Mark – 1, 4th Floor, B-25, Veera Industrial Estate, Off New Link Road, Andheri (W), Mumbai 400 053 Tel. No. (022) 62686700 Website-www.speciality.co.in August 13, 2026 General Manager, Vice President, Listing Operations, Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P.J. Tower, Dalal Street, 'Exchange Plaza', Bandra Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Scrip Code : 534425 Scrip Code : SPECIALITY Dear Sir/ Madam, Sub: Transcript of Earnings Conference Call pertaining to financial results for the quarter ended June 30, 2026. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Earnings Conference Call held on August 11, 2026, in respect of the financial results for the quarter ended June 30, 2026 The above information is also being made available on the website of the Company at www.speciality.co.in. We request you to kindly take the above on record. Yours sincerely, For Speciality Restaurants Limited Avinash Kinhikar Company Secretary and Legal Head Encl.: As above Registered Office: ‘Uniworth House’ 3A, Gurusaday Road, Kolkata – 700019. “Speciality Restaurants Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. AVIK CHATTERJEE -- WHOLE TIME DIRECTOR AND CHIEF EXECUTIVE OFFICER – SPECIALITY RESTAURANTS LIMITED MR. RAJESH KUMAR MOHTA – EXECUTIVE DIRECTOR, FINANCE AND CHIEF FINANCIAL OFFICER - - SPECIALITY RESTAURANTS LIMITED MODERATOR: MR. ASHUTOSH JOYTIRADITYA – ICICI SECURITIES Page 1 of 24 Speciality Restaurants Limited August 11, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Speciality Restaurants Q1 FY27 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 this 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 now hand the conference over to Mr. Ashutosh Joytiraditya. Thank you, and over to you, sir. Ashutosh Joytiraditya: Thank you, Huda. Hello and good afternoon, everyone present on the call. I on behalf of ICICI Securities, welcome you on the Speciality Restaurants Limited Q1 FY27 earnings call. I would like to thank the management to give this opportunity of hosting the call to us. From the management, we have with us Mr. Avik Chatterjee, Whole- Time Director and CEO; and Mr. Rajesh Kumar Mohta, Executive Director of Finance and CFO. I now hand the call over to the management for their opening remarks, and post which we'll open the floor for the Q&A. Thank you, and over to you, sir. Rajesh Kumar Mohta: Thank you, Mr. Ashutosh. Thank you, Madam. Huda. On behalf of the management of Speciality Restaurants Limited, myself Rajesh Kumar Mohta, CFO of the company, welcome all the participants to the investors' call of the company after the approval of the results for Q1 FY27 by the Board of Directors and submission to the stock exchanges as per the LODR guidelines. We had already submitted our investors' presentation as well, which we hope may have been seen by yourselves. I would just like to bring 3-quarter highlights for your ready reference. One, this has been the Page 2 of 24 Speciality Restaurants Limited August 11, 2026 company's 20th profitable quarter, which means we are, for last 5 years, into profits. Second, the same-store sales growth has been at 11.35% precise during quarter one FY27 as compared to quarter one of FY26, with like-and- like stores operating during both the quarters. Third, there have been improvement in gross margins by 1.2% to 71.1% from 69.9% previous year, primarily because of managing the portions, inefficiencies and continued negotiations with our vendors because of volumes. This has been achieved despite the inflationary trend witnessed during the quarter of the current financial year. This concludes my opening remarks. I now welcome all the participants to the Q&A. Thank you. Moderator: Thank you very much. We will now begin the question-and-answer session. The first question is from the line of Zaki Abbas, an Individual Investor. Zaki Abbas: Sir, good afternoon and I think congratulations to the entire team for a fantastic set of numbers despite the cost pressures. Sir, my question would be seeing a strong start to the quarter. How do you expect the balance of the year to pan out? Do you think we can cross that INR600 crores top line, with I think 15 new stores opening, like we spoke last time? Rajesh Kumar Mohta: Yes. Good evening, Mr. Zaki. Thank you for your support. If I may see, the trend has been very positive, as we have seen now in this particular quarter, and we wish and we hope we are working hard toward maintaining this kind of numbers going forward as well. And let's say, for instance, your question of primarily asking about the total revenues of INR600 crores. I would like to refrain, but yes, we are Page 3 of 24 Speciality Restaurants Limited August 11, 2026 working hard to see good percentage growth going forward, with Q3 of the financial year going to be the good quarter for us. Zaki Abbas: And sir, how did we expand the margin, sir, despite the cost pressures? I believe I think first quarter was also slightly tough in terms of gas availability and input pressures. I mean, still we had a reasonable margin quarter. How is that possible? Rajesh Kumar Mohta: See, there have been -- I would say there are two parts to this question, sir, from an answer perspective. One, we generally get into rate contracts, etc., for the financial year or 6 months basis, number one. Number two, like gas crisis was all across; like in Mumbai, we had pipe gas, so we did not suffer much from a cylinders availability point of view. But the biggest change what we witnessed was the management's proactive decision of converting from oil-fired, gas- fired ranges to induction processes. So which saved us from the crisis of availability of gas. So now we are operating on a hybrid mode wherein we can immediately switch over to induction that is electricity-based from the gas ranges, which we were having earlier. So this was one. And as a result of that, when there is a crisis, that becomes an opportunity. So we worked on, in case of any efficiencies, we improved upon all those with respect to correct portion size, etc., which led to benefits on raw material cost or neutralize the inflationary increase, sir. Zaki Abbas: Sir, and one question, if I may add is, sir. See, if we see our investor presentation, our brands -- we have a number of brands which are not very visible, and I think it's a large number of brands now. How do you wish to handle this going forward? Do you wish to rationalize the brands or may be drop some of them? That is part one of the question. Page 4 of 24 Speciality Restaurants Limited August 11, 2026 Part two of the question, as I have been asking you in the previous calls also, what do you want to do with Sweet Bengal, sir? Because that's a I mean, independent -- it can become an independent kind of a vertical. So I would like you to throw some light on that also? Avik Chatterjee: Sure. Thank you for that question. This is Avik Chatterjee, Whole- Time Director and CEO of Speciality Restaurants. I would like to take that question up. So the company has been creating brands and has created brands over the past 35 years. Luckily and thankfully, because of the entire team's effort, we have managed to have every store currently that operates in the company is profitable. Having said that, moving forward, we have done an analogy of what are the power brands and the brands to be focused on to power our growth. So we are going to be having thr [Showing first 8,000 characters — download PDF for full document]