Analysts/Institutional Investor Meet/Con. Call Updates

Date: 21.08.2026 To, To, Sr. General Manager, The Manager, Listing Department, Corporate Relationship Department, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. Scrip Code: 544547 Trading Symbol: JKIPL Sub: Transcript of the Analysts/ Institutional Investors Meeting/ Call on Financial Results for the quarter ended June 30th, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the conference call on Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30th, 2026 held on Wednesday, 19th August, 2026 at 11:00 A.M. (IST). The above information is also available on the website of the Company https://www.jkipl.in/investors/ Thanking you, Yours faithfully, For Jinkushal Industries Limited (Formerly Known as Jinkushal Industries Private Limited) Manish Tarachand Pande Company Secretary and Compliance Officer Membership No.: A48185 “Jinkushal Industries Limited Q1 FY27 Results Conference Call” August 19, 2026 MANAGEMENT: MR. ABHINAV JAIN – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER– JINKUSHAL INDUSTRIES LIMITED MR. SUMEET BERLIA – EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER – JINKUSHAL INDUSTRIES LIMITED MODERATOR: MS. DHRUVI – EQUIBRIDGEX Page 1 of 13 Jinkushal Industries Limited June 12, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Q1 FY27 Results Conference Call of Jinkushal Industries 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 the 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 Ms. Dhruvi from EquiBridgeX. Thank you, and over to you. Dhruvi: Thank you. A very good morning to everyone. Welcome to the Q1 FY27 earnings call of Jinkushal Industries Limited. From the management team, we have with us Mr. Abhinav Jain, the Managing Director and Chief Executive Officer, Mr. Sumeet Berlia, the Executive Director and the Chief Financial Officer. We will have opening remarks from the management team, post which we will open the floor for Q&A. With that, I would like to hand over the call to Mr. Abhinav Jain for opening remarks. Over to you, sir. Abhinav Jain: Good morning, ladies and gentlemen. Thank you for joining us for Jinkushal Industries Limited's quarter one FY27 earnings call. I am Abhinav Jain, Managing Director and CEO of the company, and I am pleased to share with you the developments during the quarter and the direction in which we are building the business. We began FY27 on a positive note. The quarter reflected healthy revenue growth alongside continued progress across our international markets. Further strengthening of the organization and ongoing investments in areas that we believe will support the company's next phase of growth. Beyond the reported numbers, I would like to use today's call to give you a clearer picture of what is happening within the business. The market we are prioritizing, how our international operations are evolving, how we are positioning ourselves closer to our customers, where we are directing our investments, and how we expect these initiatives to contribute to the business over the longer term. There are a few developments during the quarter that I would like to speak to in particular. Before turning to the specifics of the quarter, I would like to briefly touch upon the broader operating environment. The ongoing geopolitical developments across various regions have continued to create operational and logistical challenges, particularly for the businesses with significant international exposure, such as ours. These developments have contributed to an increase in freight and shipping costs during the quarter. We continue to closely monitor these developments and are taking proactive measures to mitigate their impact, while maintaining our focus on operational efficiency and disciplined scaling of our international operations. JKIPL has steadily expanding -- has been expanding its Page 2 of 13 Jinkushal Industries Limited June 12, 2026 presence across international markets, and we are currently developing businesses across Africa, Latin America, the Middle East, and other geographies. One of the most visible developments during this quarter has been the contribution from Africa. Africa accounted for approximately 32% of our revenue in Q1 FY27 compared with around 4.47% in Q1 FY26, a significant shift in the geographical mix of our business that reflects the relationships we have built and the stronger presence we have established in the region. We view this expansion with long-term perspective. International markets are inherently dynamic. Infrastructure and mining activity, customer buying cycles, import conditions, freight costs, currency movements, and the timing of individual equipment transactions can all influence performance from one quarter to another. Accordingly, we do not view the contribution from any single geography in isolation. Our objective is to build a broader international business and create opportunities across multiple markets. This geographic diversification remains central to our strategy, as it broadens our customer base, reduces dependence on any one market, and allows us to direct resources towards the markets offering the strongest opportunities. The second area I would like to highlight is the organization we are building behind the business. As JKIPL grows and becomes increasingly international, the complexity of running the business also increases, requiring the right talent across operations, procurement, execution, finance, marketing, international sales, and business development. Over the last several quarters, we have consciously strengthened these functions, adding experienced professionals across key areas and geographies. While this represents an investment that may not immediately translate into revenue in any single quarter, we believe it is essential to building a larger and more professionally structured organization. One capable of improving execution, strengthening customer coverage, and managing higher business volumes as we scale. Another important development during the quarter relates to our inventory positioning. As of June 30, 2026, our consolidated inventory stood at about INR96.8 crores, with around INR84.4 crores positioned at our overseas subsidiaries. This is a deliberate part of our international strategy in the used equipment and refurbishment construction equipment business. Availability is the key differentiator, and having machines positioned closer to our customers allows us to respond faster to requirements, improve product availability, and reduce delivery timelines. At the same time, we recognize that this involves capital being deployed into inventory. Inventory conversion, working capital efficiency, and capital utilization therefore remain key management priorities, and we will continue to monitor them closely as we expand the business. The other initiative I would like to highlight is HexL, our proprietary construction equipment brand. During the quarter, we continued to invest in this product development, international marketing, customer engagement, and dealer and distribution development across geographies. HexL continues to gain strong momentum, and we remain confident in its long-term potential. Page 3 of 13 Jinkushal Industries Limited June 12, 2026 The investments we are making today in product development, market development, and distribution reflect our belief that a proprietary equipment brand can become an important part of the business over time, complementing our [Showing first 8,000 characters — download PDF for full document]