Earnings Call Transcript for Q1 of FY 27.

Manorama Industries Limited KHASRA No. - 2449-2610, Parswani Road, Near Birkoni Industrial Area, Mahasamund (C.G.)- 493445 August 18,2026 To, To The Manager The Manager, Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Exchange Plaza, Plot No. C/1, G Block, Bandra- Mumbai 400 001 Kurla Complex, Bandra (East), Mumbai 400 051 Scrip Code: 541974 Symbol: MANORAMA ISIN: INEOOVMO01036 ISIN: INEOOVMO01036 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Transcript of Q1 of FY27 Earnings Conference Call held on Friday, August 14, 2026. Dear Sir/Madam, In reference to our intimation dated August 10, 2026, and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company had organised an Earnings Conference Call with respect to QI of FY 27 Results on Friday, August 14, 2026 at 01:30 p.m. (IST). A copy oft ranscript of Q1 of FY 27 earnings conference call is enclosed herewith and the same has also been uploaded on the Company's website at the below mentioned link: hnps:/fmmmmmauroun,co.in/invcstors-comnum'—flnnnunccmcnts#almj‘vst meet This is for your information and records. Thanking You, For Manorama Industries Limited Deepak Sharma Company Secretary and Compliance Officer Membership No: A48707 Encl: As Above Corporate Office: Certifications: Registered Office: F-6, Anupam Nagar, 1SO 9001, ISO 14001 & ISO 45001, Certified Company 701,7th Floor, Bonanza Building, Raipur-492007, Chhattisgarh, India Manufacturing & Supplying different products Sahar Plaza, Complex E-mail: info@manoramagroup.co.in Certified for RSPO, Kosher, Halal (MUI), Andheri Kurla Road, Andheri Tel.: +91-771-2283071, 2282457 Telefax: +91-771-4056958 EcoVadis Committed badge certified & Sedex SMETA 4-Pillar Certified ‘Mumbai-400059, Maharashtra, India CIN: L15142MH2005PLC243687 A Government of India Recognized Star Export House Tel. 02249743611, 02267088148 MSME ZED GOLD Www.manoramagroup.co.in GSTIN: 22AAECM3726C1Z1 GSTIN-27AAECM3726C1ZR “Manorama Industries Limited Q1 FY27 Earnings Conference Call” August 14, 2026 MANAGEMENT: MR. ASHISH SARAF – CHAIRMAN & MANAGING DIRECTOR – MANORAMA INDUSTRIES LIMITED MR. ASHOK JAIN – DIRECTOR & CHIEF FINANCIAL OFFICER – MANORAMA INDUSTRIES LIMITED MR. PANKAJ RATHI – DEPUTY GENERAL MANAGER, ACCOUNTS AND FINANCE – MANORAMA INDUSTRIES LIMITED MS. EKTA SONI – ASSOCIATE VICE PRESIDENT, INVESTOR RELATIONS – MANORAMA INDUSTRIES LIMITED MR. DEEPAK SHARMA – COMPANY SECRETARY & COMPLIANCE OFFICER – MANORAMA INDUSTRIES LIMITED MODERATOR: MR. HIRAL KENIYA– E&Y LLP Page 1 of 17 Manorama Industries Limited August 14, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Manorama Industries Limited 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 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 now hand the conference over to Mr. Hiral Keniya from EY LLP. Thank you, and over to you, sir. Hiral Keniya: Thank you, Huda. Good afternoon, everyone. On behalf of Manorama Industries Limited, I welcome you all to the company's Q1 FY27 conference call. To discuss the performance of the company and to answer your questions, we have with us the management team comprising of Mr. Ashish Saraf, Chairman and Managing Director; Mr. Ashok Jain, Director and CFO, Mr. Pankaj Rathi, DGM - Accounts and Finance, Ms. Ekta Soni, AVP - Investor Relations and Mr. Deepak Sharma, Company Secretary and Compliance Officer. Before we proceed this call, I would like to draw your attention to the fact that today's discussion may contain forward-looking statements that are subject to various risks, uncertainties and other factors, which will be beyond management's control. We kindly request to bear in mind that there might be uncertainties while interpreting such statements. Please note that this conference is being recorded. We would now like to start the session with opening remarks from the management team. Afterwards, we will open the floor for an interactive Q&A session. I would now hand over the conference call to Ashishji for his opening remarks. Thank you, and over to you, sir. Ashish Saraf: Thank you, Hiralji. Good afternoon, everyone, and thank you for joining Manorama Industries Limited Quarter 1 Financial Year 2027 Earnings Conference Call. We appreciate the continued trust and encouragement of our investors, analysts, stakeholders. As we continue to strengthen our market position and expand our global presence, we remain focused on executing our long-term strategy, driving innovation and delivering consistent, sustainable value creation for all our stakeholders. We have entered financial year '27 with strong conviction and momentum delivering a 39.5% year-on-year revenue growth in quarter 1 financial year 27 and crossing the INR4,000 million quarterly revenue and EBITDA milestone for the first time. Our profitability grew by 67.6% year-on-year, reflecting sustained demand across the end use industries, deeper customer relationships and the increasing contribution of our value-added specialty fats and butters portfolio. These results underscores the strength of our integrated business model, robust sourcing network and our ability to capitalize on the expanding opportunities in the global specialty fats market. Page 2 of 17 Manorama Industries Limited August 14, 2026 During the quarter, we achieved several strategic milestones that further strengthen our long- term growth platform. We expanded our sourcing footprint in West Africa through the incorporation of Manorama Savannah Agro Chad Sarl in Chad, our wholly owned subsidiary in Chad. In addition, we acquired approximately 10 hectares, 24 acres of land in Burkina Faso for a shea nut and mango nut processing facility with regulatory approvals currently in the progress. These initiatives enhance sourcing security, traceability, supply chain resilience and proximity to key customers, while reinforcing our leadership across the shea value chain. Innovation remains at the core of our growth strategy. Our MILCOA Research and Development Center recognized by the Department of Scientific and Industrial Research, DSIR, Government of India, continues to drive product innovation and strengthen our competitive advantage. Beyond product development, our R&D capabilities are playing a pivotal role in shaping our integration strategy as we advance both backward and forward integration initiatives. The upcoming seed processing and extraction facilities in Raipur and Burkina Faso together with our exploration of downstream value-added opportunities are expected to enhance value capture, improve margins and drive sustainable growth across the value chain. The successful completion of our qualified institutional placement, QIP, marks another important milestone, strengthening our balance sheet and providing the financial flexibility to accelerate growth across manufacturing, sourcing and high value-added segments. These investments align with our vision of building a globally integrated specialty ingredients platform with a scalable and resilient supply chain. Looking ahead, we remain highly confident in the long-term prospects of our business. With an expanding portfolio of specialty ingredients, growing customer partnerships and increasing presence in cocoa butter alternatives and continued investments across sourcing, processing, innovation and manufacturing, we are well-positioned to deliver profitable growth and strengthen our global market presence. Business is busi [Showing first 8,000 characters — download PDF for full document]