Analysts/Institutional Investor Meet/Con. Call Updates

Date: 19th August 2026 To To Secretary Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, C-1, Block G, Bandra Kurla Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – Complex, Bandra (E) Mumbai – 400 051 400 001 Scrip Code : 540902 Symbol : AMBER ISIN : INE371P01015 ISIN : INE371P01015 Subject: Transcript of Earnings Call held for discussion on Unaudited Financial Results (Standalone and Consolidated) of the Company for the 1st quarter (April to June) of the financial year 2026-27 (“Q1FY27) Ref.: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the transcript of the Earnings Call held on Friday, 14th August 2026 at 09:30 A.M. IST with investors and analysts. The call was conducted to discuss the Unaudited Financial Results (Standalone and Consolidated) of the Company for the 1st quarter (April to June) of the financial year 2026-27 (“Q1FY27”). The transcript is also being uploaded on the Company’s website and will be accessible at: https://www.ir.ambergroupindia.com/news-events/investor-events/. You are requested to take the same on record. Thanking You, Yours faithfully For Amber Enterprises India Limited (Konica Yaadav) Company Secretary and Compliance Officer Membership No. : A30322 “Amber Enterprises India Limited Q1 FY27 Earnings Conference Call” August 14, 2026 “E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on August 14, 2026 will prevail.” MANAGEMENT: MR. JASBIR SINGH – EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER AND WHOLE-TIME DIRECTOR MR. DALJIT SINGH – MANAGING DIRECTOR MR. SUDHIR GOYAL – GROUP CHIEF FINANCIAL OFFICER MR. SACHIN GUPTA – WHOLE TIME DIRECTOR MR. SANJAY ARORA – WHOLE TIME DIRECTOR – ILJIN ELECTRONICS MR. RAVI KHARBANDA – HEAD OF INVESTOR RELATIONS MR. ROHIT SINGH - HEAD OF CORPORATE AFFAIRS Page 1 of 17 Amber Enterprises India Limited August 14, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 Earnings Conference Call of Amber Enterprises India Limited. 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. I now hand the conference over to Mr. Jasbir Singh, Executive Chairman and CEO and Whole-Time Director of Amber Enterprises India Limited. Thank you, and over to you, sir. Jasbir Singh: Hello. Good morning and thank you all for joining the call. On the call today, I'm joined by Mr. Daljit Singh, our Managing Director; Mr. Sachin Gupta, Whole-Time Director; Mr. Sanjay Arora, Whole-Time Director of ILJIN Electronics; Mr. Sudhir Goyal, Group CFO. We have uploaded our presentation on the exchanges and I hope everyone had an opportunity to go through the same. Let me first briefly talk about the strategic initiatives during this quarter. Firstly, on our manufacturing collaboration agreement with Oppo. Laying a strong foundation for the future growth, our group is set to foray into mobile phone through a manufacturing collaboration agreement with Oppo Mobiles India, expanding our presence in the largest segment of the electronics industry. The scope covers 3 brands: Oppo, OnePlus, and Realme. I am pleased to update that the initial phase of the collaboration is progressing well. Through a series of joint working sessions, we are working closely on key priorities and execution milestones. We have also onboarded a Chief Operating Officer for the mobile vertical, bringing along extensive experience and deep expertise from the mobile industry. On timeline, we are on course to commence the trial production by quarter 4 of FY '27 and commercial production to begin quarter 1 of FY '28. On the scale front, we expect to begin with around 8 million units in the first year, followed by a calibrated phase-wise ramp-up and expect to double to almost about 15 million, 16 million in the second year of operations. To reiterate, we view this as a beginning of a longer relationship with Oppo, and we will explore additional avenues of collaborations aligned with the Government of India's vision of Atmanirbhar Bharat with a focus on increasing local value addition gradually. Secondly, on the Ascent-K Circuit Expansion front, I'm pleased to share that we recently conducted the groundbreaking ceremony of HDI PCB facility at Jewar, near new Noida Airport in Uttar Pradesh. The facility will bring together the complementary strengths of Amber Group and Korea Circuit Company to localize the production of HDI PCBs, which are currently heavily import dependent, leading to greater import substitution as well as creation of employment opportunities in the state of Uttar Pradesh. And the Ascent Circuits construction is progressing well for the multilayer PCB facility at Hosur in Tamil Nadu. Switching to performance. Consolidated revenue of Amber grew by 13% year-on-year reaching INR3,888 crores for the quarter. Operating EBITDA grew by 28% to INR337 crores, and Page 2 of 17 Amber Enterprises India Limited August 14, 2026 adjusted PAT of INR126 crores, recording growth of 19%. Adjusted PAT is before the exceptional losses. Let me now take you through the divisional performances. Firstly, on the Consumer Durable division. This division reported revenue growth of 8% Y-o-Y basis. Let me emphasize the growth to be viewed in the context of large base of previous year of Amber in quarter 1. The operating EBITDA grew by 12% despite the cost headwinds from the commodity prices and minimum wage revision. Looking ahead, for the full year, we expect the growth in tandem with the RAC industry growth. Coming to our Electronics division. The division reported revenue growth of 29% to touch INR985 crores. The operating EBITDA more than doubled to INR107 crores, and the margin has expanded to 10.8%. While the journey towards value-oriented business is yielding dividends, however, during the quarter, the bare printed circuit board business witnessed margin compression amid steep rise in the copper clad laminate cost. Typical of the bare PCB industry, second-tier suppliers experienced a time lag of around 2 quarters for price pass on. The gradual price pass through the customers is underway and progressing very well. On the Railway Sub-system & Defense division, revenue for the division grew by 18%, while the operating EBITDA declined by 26%, largely impacted by product mix, continued commodity inflation, particularly copper, along with currency depreciation and minimum wage revisions in Haryana. For the full year, we expect this division to deliver growth of about 30% to 35% for the full year, as informed earlier. On the expansion front, Sidwal's greenfield facility of heating, ventilation, air conditioners, pantry, doors, and gangways in Faridabad is now operational, positioning us well for scalable growth and business expansion. Overall, on the margin, let me reiterate, the business continue to face pressure from elevated commodity prices, currency depreciation and minimum wage revision and expect this to persist through H1, which is temporary in nature and expect to normalize as macro environment improves. Now let me hand over to Sudhir Goyal, our CFO, for the financial highlights. Sudhir Goyal: Hi. Good morning, everyone. And now let me take you through the consolidated financial highlights. Revenue for quarter 1 financial year '27 increased to INR3,888 crores compared to INR3,449 crores in the same quarter previous yea [Showing first 8,000 characters — download PDF for full document]