Analysts/Institutional Investor Meet/Con. Call Updates

August 26, 2026 Listing Department, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Bandra Kurla Complex, Mumbai-400051 Symbol: ANNAPURNA Dear Sir / Madam, Subject: Transcript of Analysts/Investors Earning Conference Call pertaining to the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026. Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”) In continuation to our letters dated August 19, 2026 and August 24, 2026, and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the transcript of the Analysts / Investors Earnings Conference Call held on Monday, August 24, 2026, at 11:00 A.M. (IST), in connection with the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, is enclosed herewith. The Earnings Conference Call was followed by an interactive Question-and-Answer session with the Analysts / Investors. In this regard, the transcript of the said earnings conference call has been uploaded on Company’s website and can be accessed at this link https://www.annapurnasnacks.in/investors/investor-presentation Further, please take note that no unpublished price sensitive information (UPSI) was discussed/shared during the call. You are requested to kindly take the above information on record. Thanking you. Yours Faithfully, For, Annapurna Swadisht Limited Mr. Shakeel Ahmed Company Secretary & Compliance Officer Membership No.: A46966 Encl.: as above Annapurna Swadisht Limited Q1 FY '27 Earnings Conference Call August 25, 2026 Moderator: Good morning, ladies and gentlemen, and welcome to the Q1 FY '27 Earnings Conference Call of Annapurna Swadisht Limited. At this moment, all participants are in listen-only mode. Later, we will conduct a question-and- answer session. At that time, you may click on the Q&A tab to ask a live question. Please note that this conference is being recorded. Annapurna Swadisht Limited was incorporated in 2015 by Mr. Shreeram Bagla and Mr. Ritesh Shaw and is one of the fastest growing FMCG companies in Eastern India, dedicated to making quality and affordable food products accessible across the rural heartlands of Eastern and Northeastern India. With state-of-the-art facilities in Asansol, Siliguri, Gurap, Dhulagarh and Indore and support from five white-label partners, the company ensures large-scale efficient production. Let us now begin with the introduction of the Management Team: We have with us today Mr. Shreeram Bagla – Chairman and Managing Director of the company, Mr. Ritesh Shaw – Whole-time Director, Mr. Pawan Jaiswal – Chief Financial Officer, and Mr. Manoj Sharma – Whole-time Director at Annapurna Swadisht Limited and Madhur Confectioners Private Limited. I would now like to request Mr. Shreeram Bagla – Chairman and Managing Director, to give his opening remarks. Thank you and over to you, Mr. Bagla. Shreeram Bagla: Thank you. Good morning, everyone, to attend this Investor Con Call. We are very happy that we had a great quarter and most of it we have completed our migration from SME platform to main platform. So, as other companies with a good corporate governance, we are now in a process to start the journey whereby we can address the investors' queries quarter-on-quarter. So, I assure all the stakeholders that from now onwards, every quarter on, we will do this kind of an Investor Con Call so that everybody can get a good amount of clarity on what management is doing and what your company is about to do according to the laws, by-laws set by the SEBI. Now I would request Mr. Ritesh Shaw to take over the chair and answer the queries of the investors. Page 1 of 21 Ritesh Shaw: Good morning, everybody, and welcome to the 1st Conference Call of Annapurna Swadisht Limited. We are all grateful that you all have taken time out of your schedule to be here today. I would just briefly make a presentation. I would request somebody from Fortuna PR to put the presentation on the screen. So, a brief snapshot of the company, we are amongst the fastest growing FMCG companies in Eastern India and over the last six years of our operation, we have managed to consolidate our position as a leading fryums manufacturing company over here with over 1,000 distributors now working with us. We are selling approximately 3.3 million packets a day. So, that is a huge accomplishment for us and we are confident that going forward, these numbers are only going to get better. If you see a comparison from last three years, we have increased our manufacturing facilities. The numbers would not justify it. It is not only three to five, it is the amount of square feet that we occupy which has almost doubled. We are having a manufacturing capacity of approximately 180 metric ton per day. Our product categories have grown from 6 to 13. We have about 180 SKUs right now with 250 stockists and 1,150 distributors. We are reaching a retail touchpoint of 8.5 lakh retail outlets with presence across 15 states but mostly concentrated in Eastern India with 33 lakh packets being sold every day. This year we completed a revenue of Rs. 521 crores on a consolidated basis and achieved a PAT of Rs. 30 crores. We have evolved from being just a fryums company in 2020 to now having a portfolio spanning namkeen, biscuits, cake, sweets, noodles and confectionery. So, we are basically looking to position ourselves as a collection of brands. So, one distribution network catering to the Eastern India market, a robust distribution which basically helps us push various categories of products in the mass consumption segment. We are focused on the Rs. 5 to Rs. 20 segment. And we have successfully managed to crack that business model. And after our initial success in fryums and namkeen, we are now focused on repeating the same performance with our noodles and biscuits category, both having the potential to be a Rs. 250 crores annually. If we look at the individual financial performance of the company, I would like to introduce Pawan to the call. Pawan is our CFO and he can just briefly explain the numbers to you. After which I will take you through the rest of the presentation. Pawan Kumar Jaiswal: So, hello everyone. This quarter we have generated a revenue of Rs. 127 crores in consolidated basis with EBITDA of Rs. 21 crores and PAT of Rs. 9.81 crores. If you see the standalone revenues, we have generated revenue of Rs. 108 crores with EBITDA of Rs. 17 crores and PAT Page 2 of 21 of Rs. 7.97 crores. So, we have achieved a growth of 17.74% in consolidated basis in our revenue, and 21% growth in our EBITDA and 50% growth in our PAT. Now, over to you, Ritesh sir. Ritesh Shaw: So, good quarter for us. The first quarter happens to be one of the slowest for us, for both the companies, for Madhur as well as Annapurna. From here onwards, things are only going to get better. So, speaking about our journey, the company was started in 2016 as a partnership firm. And it was in manufacturing of snacks products for other brands. In 2020, we basically metamorphosed the company into being our own brand company. And the first fryer was installed in Asansol with which we started our packaging. The Annapurna brand was launched at the Rs. 5 price point. And in the first year of our operation, we achieved about Rs. 13 crores revenue. Over the next two years, we expanded our distribution channel. We got into other product categories. And we commissioned our Siliguri plant in 2022. In March 2022, in September, we did our SME IPO. We listed on the SME Emerge. In '24, we acquired Madhur Confectionery. Completed the acquisition last year in November. And now we have also migrated to the main platform. And this year, we acquired Andri Agro, which is into the manufacturing of soya chunks, pasta, vermicelli, [Showing first 8,000 characters — download PDF for full document]