Analysts/Institutional Investor Meet/Con. Call Updates

KPEL/MAT/AUG/2026/666 August 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 539686 Symbol: KPEL Sub.: Transcript of Analyst/ Investor Earnings Conference Call held on August 12, 2026 Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) Dear Sir/Madam, Further to our communication dated August 12, 2026, please find enclosed the transcript of the Earnings Conference Call held on Wednesday, August 12, 2026, at 03:00 P.M. (IST) to discuss the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The said Transcript is also available on the website of the Company at www.kpenergy.in. We request you to take the same on your record. Thanking you, Yours faithfully, For K.P. Energy Limited Affan Faruk Patel Whole Time Director DIN: 08576337 Encl.: a/a “KP Energy Limited Q1 FY’27 Earnings Conference Call” August 12, 2026 MANAGEMENT: MR. AFFAN FARUK PATEL – WHOLE-TIME DIRECTOR DR. ALOK DAS – GROUP CHIEF EXECUTIVE OFFICER MS. SHABANA BELIM – CHIEF FINANCIAL OFFICER MR. KAPIL KRIPLANI – INCOMING GROUP CHIEF FINANCIAL OFFICER. MR. VINOD JAIN – PRESIDENT – INVESTOR RELATIONS MODERATOR: MR. HARSH PATEL - SHARE INDIA SECURITIES LIMITED Page 1 of 23 KP Energy Limited August 12, 2026 Moderator: Ladies and gentlemen, good day and welcome to the KP Energy Limited Quarter 1 Financial Year ‘27 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 this conference call, please signal an operator by pressing “*” then “0” on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Harsh Patel from Share India. Thank you and over to you, sir. Harsh Patel: Thank you and good afternoon, everyone. I would like to congratulate Management on a decent set of numbers. On behalf of Share India Securities, I welcome you all for Quarter 1 Financial Year ‘27 Earnings Conference Call of KP Energy. We are pleased to have with us the Management Team represented by Mr. Affan Faruk Patel – Whole-Time director, Ms. Shabana Belim – Chief Financial Officer, Dr. Alok Das – Group CEO, Mr. Vinod Jain from IR team. We will have the opening remarks from the Management followed by Q&A session. Thank you and over to you, Vinod. Vinod Jain: Thank you, Harsh. Good afternoon everyone. Myself, Vinod Jain – Head of Investor Relations at KP Energy. On behalf of Management Team, I would like to extend a very warm welcome to all of our investors, analysts, stakeholders and other participants for today’s Quarter 1 FY27 Earnings Call and for your continued interest and support. Joining on call today are Mr. Affan Faruk Patel – the Whole-Time Director, Dr. Alok Das – Group CEO, Ms. Shabana Belim – CFO, and our incoming Group CFO – Mr. Kapil Kriplani. I would like to briefly touch upon two important leadership developments during this quarter. We are delighted to welcome Prof. Sunil Maheshwari as Vice Chairman. He carries four decades of experience across strategy, governance, business transformations, and organization leadership. Thereby further extending the depth and capability of our board as we enter the next phase of growth. He has advised organizations across power, energy, infra, banking, healthcare Page 2 of 23 KP Energy Limited August 12, 2026 on strategic transformation, leadership development, organizational effectiveness, and governance. We are also pleased to welcome Mr. Kapil Kriplani as our incoming Group CFO. His extensive experience in finance, capital market, and strategic growth initiative will be a valuable addition as we continue to scale the business and strengthen our institutional platform. Please note that the company has published its Results and already uploaded the Investor Presentation yesterday. I trust all of you have opportunity to review the same. Before we begin, I would like to remind everyone that certain statements made during this call may be forward-looking in nature. Such forward-looking statements are subject to risk and uncertainty, which may cause actual results to differ from those anticipated. While these statements are based on management current beliefs and assumptions, investors are cautioned not to place undue reliance on them while making their investment decisions. With that, I now hand over the call to Mr. Affan Patel – our Whole-Time Director for his opening remarks. Thank you and over to Mr. Affan. Affan Faruk Patel: Thank you, Vinod ji. Good afternoon, everyone. On behalf of KP Energy, I would like to thank all our investors, analysts, and stakeholders for joining us today. I would like to begin by putting our performance in the context of the larger opportunity we see in India’s renewable energy sector. India’s energy transition is no longer just about adding renewable capacity. It is increasingly about building the ecosystem required to support that capacity. With the country progressing towards its 2030 target, we see significant opportunities across wind, hybrid projects, transmission, evacuation infrastructure, and O&M. Wind, in particular, has an important role to play in complementing solar and supporting a balanced renewable generation profile. We believe the next phase of growth will be increasingly execution-led, and this is where KP Energy sees a strong competitive advantage. At KP Energy, we have built capabilities across the project lifecycle, from development and balance of plant execution to evacuation infrastructure, commissioning, and O&M. Our current order book of 2.16 Gigawatt, valued at over Rs. 2,250 crores, provides us with strong revenue visibility. For us, the opportunity is not simple about securing orders. It is about converting those orders into commissioned assets efficiently and on time. Our recent commissioning experience, Page 3 of 23 KP Energy Limited August 12, 2026 including the 50.4 MW Vanki Wind Project in Kutch in July 2026, is another demonstration of our execution capabilities. Coming to Quarter 1 Financial Year ’27: We delivered a consolidated total income of approximately Rs. 520 crores, reflecting strong year-on-year growth. We have seen some moderation in margins compared with certain earlier quarters. This is something we are conscious about, but we believe it is important to look at this in context of the scale and stage of execution, project mix, and the operating environment. Our priority is to execute projects well, control costs, improve predictability, and deliver sustainable returns over the project cycle. We remain confident that as execution efficiency improves and the project mix evolves, the scope for growth is tremendous. There is one area where we remain watchful – the pace of grid and transmission infrastructure development: As renewable capacity grows rapidly, evacuation and transmission infrastructure needs to keep pace. However, we see this more as a timing challenge rather than a structural concern. What gives us comfort is our strong order book. We have adequate execution visibility while the broader grid infrastructure continues to stabilize and expand. This allows us to sequence our projects appropriately and remain productive without being overly dependent on the commissioning timeline of any single project. In fact, we believe a strong order book at this stage of the industry cycle is a strategic advantage. Our confidence in the future comes from three things: • Industry growth. • Order book visibility. • Execution capability. We also see meaningful long-term potential in our upcoming IPP of 200-plus MW and O&M businesses, which can progressively add recurring and annuity-like revenue [Showing first 8,000 characters — download PDF for full document]