Transcript of the Earnings call held on Tuesday, 11th August, 2026

W Clastr rom— 14t August, 2026 BSE Limit imited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Sn:eet, Fort Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Scrip Code - 544822 Symbol - LASERPOWER Sub.: Transcript of Earnings Conference Call for Financial Performance for the Q1 FY 2027 held on Tuesday, 11 August 2026 Dear Sir / Madam, In furtherance to our letter dated 11t August, 2026 and pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, we are enclosing herewith the transcript of Earnings Conference Call for Financial Performance for the Quarter ended 30 June 2026 held on Tuesday, 11 August 2026. The above information is made available on the Company’s website We request you to kindly take the aforesaid information on record. Thanking you. Yours faithfully, For Laser Power & Infra Limited Debendra Banthiya Company Secretary & Compliance Officer a Limited (L Fa ors mee rtr y KP noo wnw ae s r La s& or I Pn OR EC 3 ita o\c TaP y; , pi oL c1 kd ) N orth Wing, 19th Floor, Saltlke, Secto ¢ -V, Kolkata - 700091 s £ Corporate Office: Adventz \WRAT 1 oyjiqck Street, 3rd Floor, Kolkata - 700001 T T L ® Registered Office: |S @w iai nk fa o @ aserpowerin!\fra.com | CIN: ufiZZDWBWEBPLCDABSW +9133 4822 9195 | @ in! “Laser Power & Infra Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. DEEPAK GOEL – CHAIRMAN AND MANAGING DIRECTOR, LASER POWER & INFRA LIMITED MR. AMIT KUMAR GOEL – CHIEF FINANCIAL OFFICER, LASER POWER & INFRA LIMITED MODERATOR: MR. ANIRUDDHA JOSHI – ICICI SECURITIES LIMITED Page 1 of 19 Laser Power & Infra Limited August 11, 2026 Moderator: Ladies and gentlemen, good day and welcome to Laser Power & Infra Limited Q1 FY27 Earnings Conference Call, hosted by ICICI Securities Limited. 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. Aniruddha Joshi from ICICI Securities Limited. Thank you and over to you, sir. Aniruddha Joshi: Yes, thanks, Anushka. On behalf of ICICI Securities, we welcome you all to Q1 FY27 Results Conference Call of Laser Power & Infra Limited. We have with us today senior management represented by Mr. Deepak Goel, Chairman and Managing Director, and Mr. Amit Kumar Goel, CFO. I congratulate the entire team of Laser for a stellar listing. And now hand over the call to the management for initial comments on the quarterly performance. Post that, we will have Q&A session. Thanks, and over to you, Deepak, sir. Deepak Goel: Good morning, everyone. On behalf of the entire Laser Power & Infra Limited team, I welcome you to our first Earning Call as a listed company. Our listing in July 2026 marked an important milestone in our journey that began more than more than three decades ago. I would like to thank all shareholders for the confidence placed in our IPO. We value this trust, and we recognize the responsibility that comes with it. As we begin this new chapter, our focus remains on disciplined execution, prudent capital allocation, strong cash generation, and sustainable value creation for all shareholders. Since this is our first earning call, I would like to spend some time explaining how our business works, how our manufacturing and EPC capabilities come together, and where we see the next phase of opportunity. I will then cover the key operating developments for the quarter, following which Amit will take you through the quarter 1 financial performance and the IPO capital structure. Laser Power operates across power transmission and distribution value chain. We have two principal business segments. The first is manufacturing. We produce cables, conductors, and specialty products used across transmission and distribution network. Second is our EPC. We undertake power distribution infrastructure projects covering supply, installation, testing, and commissioning, and final handing over. Over the years, we have steadily expanded our capability across this value chain. We source key inputs directly from established primary producers, undertaking significant processing and manufacturing in-house, and supply our products both to third-party customers and to our own EPC projects. This integrated model is central to the way we operate. It gives us greater control over quality, material availability, and delivery schedules. Page 2 of 19 Laser Power & Infra Limited August 11, 2026 It allows our project team direct access to products manufactured within the company, helping us coordinate with procurement execution more effectively. For our customer, this means dealing with a partner that understands both product and its final application in the network. For Laser Power, it means participating across a large part of the value chain rather than operating in only one product supplier or only as an EPC. Our manufacturing operations are supported by three manufacturing units, with an aggregate installed capacity of around 85,000 metric tons. Their locations give us access to major sources of raw material like aluminum, steel, and polymers, along with proximity to port and transport infrastructure. While our manufacturing footprint is in Eastern India, our business is not limited to the region. We supply products and execute projects across the country for state electricity distribution companies, utilities, Indian Railways, and the private sector EPC players, in addition to international customers. Our manufacturing and EPC business have different operating cycles, but they complement each other. Manufacturing is a shorter cycle in nature. Existing orders are manufactured, dispatched, while new orders continue to replenish the pipeline. This cycle generally ranges between 3 to 6 months and through the actual period depends on product specification, customer inspection, and delivery schedule. In the manufacturing, the closing order book is only one part of the picture. As we execute and dispatch existing orders, fresh orders continue to enter the pipeline. It is, therefore, important to consider order inflow and execution together rather than looking at the closing order book in isolation. Our EPC business has a longer execution cycle. A project progresses through procurement, supply, followed by installation, testing, and commissioning, and final handover. The timing of the revenue billing and collection, therefore, depends on the project's progress, achievement of contractual milestone, and customer certifications. EPC project can also run between 18 to 36 months depending on their scale, geography, and complexity. Based on our current portfolio, the broad execution cycle is around 2 years, through individual project timelines may vary. The working capital requirement of the two businesses are also different. In the manufacturing, we fund our raw material through work-in-progress and finished goods until dispatched and collection. In EPC, the procurement and the initial mobilization often takes place before the corresponding installation, certification, and collection milestones are completed. Working capital requirement can, therefore, be higher during the early stage of a project and beginning to moderate as the project moves through to execution and billing. Understanding these operation cycles is important when evaluating our order book, quarterly revenue, and margins, and working capital movement. Page 3 of 19 Laser Power & Infra Limited August 11, 2026 The addressable market for our business is significant and continues to expand. According to CRISIL's Intelligence, India's conductor market increased [Showing first 8,000 characters — download PDF for full document]