Transcript of Conference Call on the Audited Financial Results (Standalone & Consolidated) for the year ended 31st March 2026

AI summary - Birla Opus paints revenue grew 52% YoY in Q4 FY26; FY26 revenue doubled vs FY25 - Birla Opus market share rose 370 bps in FY26; nearing #2 position in decorative paints - Birla Pivot B2B e-commerce revenue more than doubled YoY in Q4; targeting EBITDA breakeven by FY27 end - UltraTech Cement capacity reached 200 mn tons; EBITDA per ton INR1,253; dividend INR240/share - Cellulosic fiber revenue +14% YoY in Q4; EBITDA +2x; capacity expansion underway - Paints price hikes offset 20-25% input cost inflation; 10% free paint scheme continues - Management confident of double-digit industry growth in FY27; focus on distribution and throughput expansion - Capital allocation: reinvest core business cash flows; INR2,880 Cr investment in Aditya Birla Capital - Insulator business focusing on operational efficiency; no major capacity expansion planned - Dividend declared: final 500% (INR10/share), 63rd consecutive year