Transcript of Analysts call held on 14th August 2026

AI summary - Q1 FY27 consolidated revenue 7.16bn INR (+12% y-y); PAT 116.1m INR (+117% y-y) - Bioenergy segment slowdown in greenfield projects; demand rising for brownfield and greenfield ENA plants - Received order for first commercial-scale Bio-IBA plant; 2% diesel blending could create 3,000 Cr INR opportunity - International order for 800 KLPD corn-to-ethanol plant in Brazil; active engagement in multiple global markets - GOBARdhan scheme (INR 23,000 Cr) to boost CBG production; Praj ready with multi-feedstock technology - Praj GenX secured USD 50m supply agreement for hyperscale data center infrastructure over 2.5 years - Margins subdued in Q1 due to volume mix; expect improvement from international mix and Praj GenX - Services business growing steadily; focus on digital and physical lifecycle services - Multiple analyst queries on Praj GenX growth trajectory and CBG margin outlook; management expects breakeven by FY27 end - Bio-isobutanol demo plant construction to complete by Dec 2026; awaiting government mandate timing