Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - H1 FY27 revenue 537.9 Cr +148% y-y; EBITDA 52.3 Cr +148%, margin 10%; PAT 29.8 Cr, margin 6% - Q2 FY27 revenue 266.7 Cr +161% y-y; EBITDA 30.3 Cr +235%, margin 11%; PAT 17.1 Cr, margin 6% - Oil & Gas segment Q2 revenue 239.8 Cr, operating profit 42.8 Cr; H1 revenue 484.5 Cr, profit 76.1 Cr - Mineral segment Q2 revenue 26.9 Cr, profit 4.3 Cr; H1 revenue 53.3 Cr, profit 8.4 Cr; growth expected in H2 FY27 - Merger with Oilmax approved by NCLT; final MoPNG approval awaited; merger to create integrated energy platform - Oilmax milestones: Kutch offshore block awarded, DNPL pipeline connection progressing, Pakro Vanadium & Graphite block LOI received - Kuiper international ops recovering; targeting USD 100 million revenue by FY30 - Vedanta project on schedule; capex completion expected FY27 - Robust order book and active bidding pipeline; 2 large integrated oil field tenders ongoing - CBM drilling in Chhattisgarh to start mid-Nov 2026; production expected in 2 years - Capex for Oilmax E&P expected moderate; production target 10,000 BOE/day by FY30 - Net debt nearly zero; gross debt-to-equity 0.25; strong financial discipline maintained