Analysts/Institutional Investor Meet/Con. Call Updates

Date: August 18, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Ref: NSE Symbol- RUPA / BSE Scrip Code- 533552 Sub: Transcript of the Earnings Conference Call held on August 11, 2026 Dear Sir/ Madam, In continuation to our letter dated August 06, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the transcript of the Earnings Conference Call held on August 11, 2026, to discuss the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. The same is also available on the Company’s website at https://rupa.co.in/con-call-transcripts-audio . Kindly take the same on record. Thanking you. Yours faithfully, For Rupa & Company Limited Ramesh Agarwal Whole-time Director Encl: As above “Rupa & Company Limited Q1 FY-27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. VIKASH AGARWAL –WHOLE-TIME DIRECTOR, RUPA & COMPANY LIMITED MR. SUMIT KHOWALA –CHIEF FINANCIAL OFFICER, RUPA & COMPANY LIMITED MODERATOR: MS. PRADNYA SINGH – MUFG INTIME Page 1 of 10 Rupa & Company Limited August 11, 2026 Moderator: Ladies and gentlemen, good day and welcome to Rupa & Company Limited Q1 FY27 Earnings Conference Call hosted by MUFG Intime. 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 ‘*’ then ‘0’ on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Pradnya Singh from MUFG Intime. Thank you and over to you ma'am. Pradnya Singh: Thank you. Good afternoon, everyone. I welcome you all to the Earnings Conference Call to discuss Q1 FY27 Results of Rupa & Company Limited. To discuss our Results, we have with us from the management, Mr. Vikash Agarwal – the Whole-Time Director and Mr. Sumit Khowala – the Chief Financial Officer. They will take you through the results and then we will proceed to Q&A session. Before we proceed to the call, a small disclaimer. This conference may contain certain forward- looking statements about the company which are based on the beliefs, opinions and expectations, as on date of this call, the actual results may differ materially. These statements are not guarantee of future performance and involve risks and uncertainties that are difficult to predict. The detailed safe harbor statement is also given on the Page 2 of the company's investor presentation. Now I would like to hand the call over to Mr. Vikash Agarwal. Thank you and over to you sir. Vikash Agarwal: Thank you. Good afternoon, ladies and gentlemen. On behalf of Rupa & Company Limited, I extend a very warm welcome to all the participants joining us today for Q1 FY27 Results Conference Call. We appreciate your continued engagement with the company. The Financial Results and Investor Presentation have been uploaded on the Stock Exchanges for your review. Before I begin, I would like to take a moment to express our deepest condolences on the unfortunate demise of Mr. Ashok Bhandari – Non-Executive Independent Director of the company who passed away on August 3rd, 2026. Mr. Bhandari has been associated with the company since August 2018 and served as chairman of the Audit Committee and the Nomination and Remuneration Committee. He was a veteran finance professional and was widely respected for his knowledge, wisdom and integrity. His passing is a great loss to Rupa Family and we extend our heartfelt condolences to the family and loved ones. May his soul rest in eternal peace. Page 2 of 10 Rupa & Company Limited August 11, 2026 Coming to the business: We started FY27 on a positive note with revenue growing by 10% witnessing steady momentum across the portfolio. Healthy volume traction remained a key driver of growth during the quarter. While the value segment was a key contributor to the growth during the quarter, based on our historical revenue trend, we believed the momentum to broaden across other segments as we progressed through the year, translating into a broader and more balanced growth profile. Exports contributed 4% to overall revenue during the quarter while modern trade including e- commerce contributed 5% to the revenues. Both these channels continued to gain traction and provide meaningful opportunities to further scale our market presence and expand our reach. EBITDA stood at Rs 15.7 crores with EBITDA margin of 7.8% supported by stable operating performance. The company maintained a net cash surplus of Rs. 7 crores as at June, 2026 reflecting its continued focus on liquidity, discipline and financial flexibility. On the raw material side: Yarn prices are currently on an upward trajectory creating a favorable pricing environment for the company. While competitive intensity remains elevated, we continue to adopt the calibrated pricing approach with the objective of progressively translating the favorable pricing environment into improved utilizations and margins. With healthy volume momentum, expanding channels, disciplined cost management and an improving pricing environment, we remain optimistic about the outlook with revenue expected to grow by 10% to 12% in the coming quarter and EBITDA margin expected to remain in the range of 9% to 10%. With this I would like to handover to our CFO – Mr. Sumit Khowala to take through the financial highlights of the company. Thank you. Sumit Khowala: Thank you sir and good afternoon to everyone. Thank you for joining us on Quarter 1 FY27 Earnings Call. I will now take you through the key financial highlights for the quarter: For Q1 FY27, revenues from operations stood at Rs. 202.4 crores as compared to Rs. 183.9 crores in Quarter 1 FY26 registering a growth of 10.1% year-on-year basis. Gross margin remained stable during the quarter stood at 37.4% versus 37.7% corresponding quarter last year. EBITDA for the quarter stood at Rs. 15.7 crores as compared to Rs. 12.2 crores in the same period last year registering a growth of 29.1% year-on-year basis. EBITDA margin for the quarter stood at 7.8% improved by 120 basis point year-on-year. Net profit after tax for the quarter stood at Rs. 8.3 crores as against Rs. 5.5 crores in Quarter 1 FY26, registering a growth of 50.2% year-on-year basis. PAT margin for the quarter stood at 4.1% improving by 110 basis point year-on-year basis. Page 3 of 10 Rupa & Company Limited August 11, 2026 As on June 30th, 2026, company has maintained a net cash surplus position of INR 7 crores reflecting our continued focus on liquidity discipline and financial flexibility. We remain committed towards improving profitability through better product mix, efficient channel management, focused investment in high growth categories and disciplined cost optimization initiatives. With this, I conclude my remarks and open the floor for the question-and-answer session. Thank you. Moderator: Thank you very much. We will now begin the question-and-answer session. The first question is from the line of Pahal Sharma from DD Capital. Please go ahead. Pahal Sharma: Thanks for the opportunity. My question is that during the last quarter, you had guided for 10% to 12% revenue growth and also 9% to 10% of EBITDA margins. So, my question is that what are the key reasons for the shortfall in EBITDA margins versus your guidance? Sumit Khowala: During Quarter 1, the advertisement and marketing spend comes to around 10.5% of the total revenue and going forward, the same would be rationalized to 6% to 7%. So, this would help in achieving the desired level of EBITDA. Pahal Sharma: Thank you. That's all from my side. Moderator: Thank you. The next question comes from the line [Showing first 8,000 characters — download PDF for full document]