Analysts/Institutional Investor Meet/Con. Call Updates

CMR GREEN TECHNOLOGIES LIMITED REGD. OFFICE: 7TH FLOOR, TOWER 2, L & T BUSINESS PARK, 12/4 DELHI MATHURA ROAD, FARIDABAD, HARYANA-121003 CIN: L00337HR2005PLC085675, PH: +91-129-4223050 E-MAIL: COMPLIANCEOFFICER@CMR.CO.IN WEBSITE: WWW.CMR.CO.IN Ref. CMRG/Reg30/Transcript-Investor Meet/Q1-FY- 2026-27 Date: 17th August, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Department of Corporate Services Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Equity Scrip Code CMRGREEN Equity Scrip Code 544777 ISIN INE00WV01027 ISIN INE00WV01027 Dear Sir/Madam, Subject : Transcript of Earnings Conference Call for Investors and Analyst for the quarter ended 30th June, 2026 Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of Analysts/Investors conference call held on August 10, 2026, on the financial results of the Company for the quarter June 30, 2026. The said transcript is also available on the Company’s website at https://www.cmr.co.in/press-release/ . Please receive the above in order and acknowledge Thanking You, For CMR Green Technologies Limited Srishti Saxena Company Secretary & Compliance Officer M. No: A40576 CMR Green Technologies Limited Q1 FY27 Earnings Conference Call” August 10, 2026 MANAGEMENT: MR. MOHAN AGARWAL – CHAIRMAN AND MANAGING DIRECTOR – CMR GREEN TECHNOLOGIES LIMITED MR. ANKUR SINGH – DIRECTOR, BUSINESS DEVELOPMENT – CMR GREEN TECHNOLOGIES LIMITED MR. YUGAL GARG – CHIEF FINANCIAL OFFICER – CMR GREEN TECHNOLOGIES LIMITED Page 1 of 14 CMR Green Technologies Limited August 10, 2026 Moderator: Ladies and gentlemen. Good day and welcome to CMR Green Technologies Limited Q1 FY27 Earnings Conference Call. From the management side we have with us today, Mr. Mohan Agarwal, Chairman and Managing Director, Mr. Ankur Singh, Director and Business Development, Mr. Yugal Garg, Chief Financial Officer. 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 touchtone phone. Please note that this conference is being recorded. Before we begin, a brief disclaimer. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of future performance and it may involve risks and uncertainties that are difficult to predict. I now hand the conference over to Mr. Mohan Agarwal from CMR Green Technologies Limited. Thank you and over to you sir. Mohan Agarwal: Yes, thank you Palak. Good evening, everyone and thank you for joining us for CMR Green Technologies Q1 FY27 Earnings Conference Call. I welcome you to our second earning calls as a listed company. I also thank all our stakeholders, our shareholders, investors, analysts for the continued trust they have placed in CMR. Since listing our focus has remained unchanged, to build an institution that consistently delivers profitable growth, creates long-term value, and contributes meaningfully to India's circular economy. We began FY27 on a strong note, despite an uncertain global environment marked by geopolitical tensions, supply chain disruptions, and price volatility. During the quarter revenue from operations grew 65% year-on-year to INR3,122 crores. EBITDA increased 27% to INR139 crores, and profit after tax rose 22% to over INR68 crores. In volume terms, sales grew 25% year on year with aluminium business growing at 32%, supported by strong automotive demand and growing non-auto traction. Billets volume increased 149%. UBC volumes grew 333%. This is because both of them are in ramp up mode and they are successfully ramping up. CMR's key strengths is our ability to perform consistently across commodity cycles. Since aluminium prices are largely a pass through in nature, we believe that EBITDA per ton or per kg is a more meaningful performance indicator than percentage margins. So, in this quarter earning and also in future we may see that the EBITDA as a percentage has gone up or gone down. That should not be taken as a real measure of our performance. Our per ton EBITDA is a greater measure of the performance. So now to maintain our margins, during the quarter, wehave followed a strong hedging strategy, have diversified scrap sourcing network, and have practiced a prudent risk management policy. And the EBITDA with all this improved slightly to INR12.40 per kg or INR12,400 per ton. Coming to CMR's positioning, so CMR is India's largest secondary aluminium recycling company with installed alloy capacity more than four times that of our nearest domestic competitor. Over the past two decades, we have built an integrated platform supported by Page 2 of 14 CMR Green Technologies Limited August 10, 2026 strategically located plants, one of the most diversified scrap sourcing networks, joint ventures with three large Japanese companies, and long-standing partnership with leading automotive OEMs and their Tier 1 suppliers and also with non-auto companies like Hindalco and Jindal Stainless. So, these strengths continue to differentiate us through consistent quality, reliable delivery, and operational excellence. During the quarter we invested Rs. 53 crores in greenfield projects at Shoolagiri and Bawal, while also advancing brownfield projects and technology led initiatives at Tirupati and other locations. These projects are progressing as planned and are expected to take our installed recycling capacity beyond 7 lakh tons per annum by the end of FY27, significantly strengthening our leadership position and our ability to serve our customers better. Alongside capacity expansion, innovation and diversification remain central to our strategy. Our liquid aluminium business continues to deliver value through lower melting losses, reduced energy consumption, and significantly lower carbon emissions, and the liquid metal business is growing. Our recycled billet and UBC businesses are gaining strong customer acceptance across construction, renewable energy, electrical, and industrial applications, further expanding our addressable market beyond automotive. The automotive sector continues to be a key growth driver for CMR with passenger vehicles and two-wheeler sales growing nearly 26% and 20% year-on-year respectively in Q1 FY27, while India's EV penetration reached 8.26% of total vehicle registrations in FY26.We are well positioned to participate in this transition with Ather Energy, one of India's leading pure play electric two-wheeler manufacturers, as one of our new customers. Importantly, several of our existing automotive customers are also transitioning from ICE to EV production, allowing CMR to grow alongside its established customers while adding new EV focused customers and strengthening our long-term exposure to the growing aluminium demand from electric mobility. Our non-ferrous metals business also continues to evolve in line with our strategy. We maintained our targeted aluminium to other non-ferrous sales mix of approximately 80-20. While automotive remains our core end market, we are steadily expanding into non-automotive applications. In FY26 our volume mix stood at 66% automotive alloys, 10% non-automotive, and 24% other metals. And we actually aim to rebalance it to 60-20-20 over the coming year creating a more diversified and resilient earnings profile. Favourable regulatory trends are supporting the growing adoption of recycled aluminium and strengthening its long-term demand outlook. India's proposed EPR framework is expected to encourage higher recycled content across metals. For aluminium, minimum recyc [Showing first 8,000 characters — download PDF for full document]