Transcript of Conference call held on 14th August, 2026.

19th August, 2026 To, To, BSE Limited National Stock Exchange of India Limited, Listing Department Listing Department “Exchange Plaza,” Phiroze Jeejeebhoy Towers, C-1, Block G,Bandra –Kurla Complex, 25th Floor, Dalal Street, Bandra (E), Mumbai - 400 001 Mumbai - 400 051. Scrip Code: 531201 Scrip Code: SHILCTECH Sub: Transcript of the Conference Call/Invertor Meet held on 14th August, 2026. Dear Sir/Madam, In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we send herewith the Transcript of the Conference Call with analysts and investors held on 14th August, 2026, to discuss the Unaudited Financial Results for the quarter ended on 30th June, 2026. Further, in terms of Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the aforesaid Transcript of the Conference Call is also uploaded on the website of the Company (https://shilchar.com/upload/power_investor_relations/concall-shilchar-technologies-ltd-19082026.pdf) Please take the same on your record. Thanking you, For Shilchar Technologies Limited Vishnupriya Civichan Company Secretary & Compliance Officer NEAR MUVAL SUB STATION, PADRA JAMBUSAR H IGHWAY, GAVASAD, VADODARA – 391430, INDIA. PHONE:(+91) 7624090901/2E-MAIL: info @shilchar.com WEBSITE: shilchar.com CIN:L29308GJ1 986PLC008387 “Shilchar Technologies Limited Q1FY27 Earnings Conference Call” August 14, 2026 MANAGEMENT: MR. ALAY SHAH – MANAGING DIRECTOR – SHILCHAR TECHNOLOGIES LIMITED MR. PRAJESH PUROHIT – CHIEF FINANCIAL OFFICER – SHILCHAR TECHNOLOGIES LIMITED MODERATOR: MR. SAYAM POKHARNA – TIL ADVISORS PRIVATE LIMITED Page 1 of 13 Shilchar Technologies Limited Q1 FY'27 Earnings Conference Call August 14, 2026 Moderator: Ladies and gentlemen, good day and welcome to Shilchar Technologies Ltd Q1 FY2027 Earnings Conference Call hosted by TIL Advisors. 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. And now in the conference, over to Mr. Sayam Pokharna from TIL Advisors. Thank you and over to you sir. Sayam Pokharna: Thank you Neerav. Welcome everyone, good afternoon and thanks for taking out the time to join us today in the Q1 FY2027 Earnings Conference Call of Shilchar Technologies Ltd. The Investor Updates including the Investor Presentation have already been uploaded on the Stock Exchange and on the company website. To take us through today's Results, we have with us from the Management Team, Mr. Alay Shah – Managing Director and Mr. Prajesh Purohit – Chief Financial Officer. We will start with a brief opening remarks on the quarterly performance by Mr. Alay Shah followed by a Q&A session. I would like to remind you that anything and everything that is said on this call that represents any outlook for the future that can be construed as a forward-looking statement must be viewed in conjunction with the risks and uncertainties that we face. These risks and uncertainties have been mentioned in our annual reports. Over to you sir. Alay Shah: Thank you, Sayam and good afternoon, everyone and thank you for joining us today. Before we open the floor for questions, I would like to walk you through our performance for the 1st Quarter of 2027 and share some updates on our operations and ongoing projects. For Q1 FY27, Shilchar Technologies reported revenue for operation of Rs. 134.60 crores and EBITDA for the quarter stood at Rs. 29.23 crores. The profit after tax stood at Rs. 20.86 crores. Page 2 of 13 As you can see, the Financial Year 2027 has commenced on a softer note. The quarter was shaped largely by the continuing effects of the crisis in West Asia, which affected our Middle East exports directly and through a sudden increase of price for certain raw materials, which affected our domestic businesses. First on the export front, the recovery has taken longer than we had originally expected at the time of our Q4 call, preliminary on account of a persistent increase in shipping costs to the 1st Quarter. Container costs have risen between three to five times for certain geographies as compared to levels before the crisis. This has materially increased the landed cost of our customers and has led to a slower pickup in export dispatches. The increase in shipping costs is not limited to the Middle East and the costs to North America have also risen significantly on account of ongoing geopolitical uncertainty. I would like to emphasize that this is a cost and logistic issue and not a demand issue. And while most of our export terms are ex-works, there is a significant increase in the cost of procurement for our customers and hence the deferment in orders. Underlying customer demand in both regions remains firm, but customers are currently lifting the bare minimum volume they need. On the domestic front, passing on the sudden escalation in commodity price for existing orders arising from the West Asia crisis has taken longer than anticipated. Negotiations with customers extended through much of the quarter, which resulted in slower dispatches in Q1. The situation was more severe in April and May and has eased off in recent months. The profitability margins for the quarter reflect both. On the domestic front, passing on the sudden escalation in commodity price for existing orders arising from the West Asia crisis has taken longer than anticipated. Negotiations with customers extended through much of the quarter, which resulted in slower dispatches in Q1. The situation was more severe in April and May and has eased off in recent months. Profitability margins for the quarter reflect both. A lower export mix and partial pass- through of higher raw material prices. Looking ahead, we expect overall business momentum to be notably better in Q2 compared to Q1, while exports may continue to see some impact from elevated shipping costs if the situation in West Asia remains unchanged. We have better visibility on the domestic side, which should support our top line. Our CAPEX project, our expansion Phase-3, which will add about 6,500 MVA capacity, remains on track for commissioning in April 2027. Civil foundation work has been completed, PEB erection and utility infrastructure work are progressing well, and all equipment have been ordered. Our annual outlook remains unchanged for FY27, and we expect to operate our existing 7,500 MVA capacity at almost full utilization. The new facility will drive the next leg of growth for FY28 onwards. Page 3 of 13 We remain on track with our revenue ambitions for the year, although the geographic mix may change if the situation in West Asia persists. Demand across our key domestic and export markets remains strong, and our overall business outlook continues to be robust. Thanking you all, we can now open the floor for questions. Moderator: Ladies and gentlemen, we will now begin with the question-and-answer session. The first question is from the line of Venil Shah from Dalal and Broacha. Venil Shah: Sure. Hello. Yes, I just wanted to know that is there a manner to quantify the revenue loss for Q1 FY27 due to the shipment delays? And also, what is our revenue run rate for this year? We are well into this year, so we would like to revisit our guidance, if the management would like to revisit their guidance of Rs. 800 crores of revenue. Alay Shah: But like I said, once again I am repeating that for FY27, we are on track with, you know, whatever we have targeted in terms of the top line. And we don't anticipate any problem in achieving that. Venil Shah: Sir, and also, if you could quantify the revenue loss for this quarter due to the shipment delays? Alay Shah: I mean, I would not like to put it as a revenue loss, but we could have done [Showing first 8,000 characters — download PDF for full document]