Event Type: Q2/H1 FY27 earnings conference call

Event Date/Time: November 04, 2026, 14:00 Hrs IST

Event Duration: 58 minutes 01 second

Purpose: Discussion of quarterly results and operational performance for Q2 and H1 FY27

Management Participants:

  • Mr. Ronak Morbia - Chairman and Managing Director
  • Mr. Bhavik Khara - Whole-Time Director & Chief Financial Officer
  • Mr. Srinivasan Gopalan - Chief Executive Officer
  • Purvangi Jain - Valorem Advisors (Investor Relations)

Financial Period Discussed: Quarter and half year ended September 30, 2026 (Q2/H1 FY27)

Key Financial Highlights:

  • Q2 FY27 Revenue: INR 308 crores (28% YoY growth, 6% sequential growth)
  • Q2 FY27 EBITDA: INR 36 crores (58% YoY growth)
  • Q2 FY27 EBITDA Margin: 11.6% (220 bps expansion)
  • Q2 FY27 PAT: INR 23 crores (50% YoY growth)
  • Q2 FY27 PAT Margin: 7.4%
  • H1 FY27 Revenue: INR 599 crores (32% YoY growth)
  • H1 FY27 EBITDA: INR 66 crores (63% YoY growth)
  • H1 FY27 PAT: INR 43 crores (more than doubled from INR 20 crore in H1 FY26)

Business Segment Performance:

  • Contract manufacturing and DaaS together contribute 66% of Q2 revenue (vs 53% in Q2 FY26)
  • Contract manufacturing revenue increased 72% YoY to INR 329 crores in H1 FY27
  • DaaS Gross Development Value (GDV) under execution: INR 2,750+ crore (vs INR 1,839 crore in Q1, INR 1,267 crore at FY26 end)
  • DaaS portfolio: 15 active projects (vs 10 in previous quarter)

Operational Updates:

  • Manufacturing capacity expanded from 9.1 million tons to 11.7 million tons
  • Network spans 23 partner plants across 23 states and union territories
  • Current capacity utilization: 42-45%
  • Net working capital days improved to 54 days (from 84 days last September)
  • Operating cash flow for H1 FY27: INR 60 crores (91% of EBITDA)

Compliance Statement: The company confirmed that no unpublished price sensitive information (UPSI) was shared/discussed during the earnings call.

Availability of Materials: The transcript is available on the company's website under the Investors section at: https://aris.in/pages/investor-relations-financial-results

Additional Notes Section

The document includes a detailed transcript of the earnings conference call with Q&A session featuring 14 participants from various investment firms and family offices. No financial presentations or decks were attached to this specific filing. The announcement serves as a formal intimation of the earnings call transcript availability without disclosing new financial data beyond what was discussed in the call.