Intimation of Analyst/Investor Meet

Event Type: Q1 FY 2026-27 Earnings Call Webinar hosted by ICICI Securities Limited to discuss financial performance and business outlook.

Date and Time: Friday, 07th August, 2026, at 11:00 A.M. IST.

Purpose: Discussion of Q1 FY27 financial results announced on 5th August 2026, business performance, and growth outlook.

Management Participants:

  • Shri Burra Vamsi Rama Mohan, Chairman & Managing Director (with additional charge of Director (Projects))
  • Dr. Yatindra Dwivedi, Director (Personnel) (with additional charge of Director (Finance))
  • Shri Naveen Srivastava, Director (Operations)
  • Shri Venkata S.V., Chief Financial Officer
  • Smt. Anjana Luthra, Company Secretary & Compliance Officer
  • Other senior officials

Moderator: Shri Mohit Kumar from ICICI Securities Limited

Financial Period Discussed: 1st quarter ended 30th June, 2026 (Q1 FY 2026-27)

Presentation Availability: The webinar included a detailed presentation covering highlights, execution, operations, competition, order pipeline, sector outlook, financial performance, sustainability, and recognitions. The transcript was filed with exchanges as a regulatory disclosure.

Compliance Statement: The meeting was conducted as a standard investor engagement following results announcement. No specific statement about unpublished price sensitive information (UPSI) was made in the transcript.

Financial Highlights Discussed:

  • Gross Fixed Assets: Rs. 3.25 lakh crore+ (as of 30th June 2026)
  • Transmission Network: 1,86,000 circuit km lines, 6,34,516 MVA transformation capacity, 291 substations
  • System Availability: 99.8%
  • Shareholding: Govt. of India 51.34%, FII 24.33%, DII 20.70%
  • Market Cap: Rs. 2.66 lakh crore
  • Q1 Commissioning: 1,635 circuit km transmission lines (35% of previous year's Q1 achievement), 10,500 MVA transformation capacity
  • Major Projects Commissioned: 765 kV Kurnool III - Maheshwaram, 765kV Dausa - Beawar, 400 kV Navsari-Kala, 400 kV Kadapa - Ananthapuram
  • Capex Performance: Q1 capex exceeded 10% of previous year's achievement; capitalization at Rs. 5,277 crore vs guidance of Rs. 30,000 crore
  • Consolidated Financials:
  • Transmission charges: Rs. 10,905 crore (3% increase YoY)
  • Total income: Rs. 11,697 crore
  • PAT: Rs. 3,598 crore (1% decrease YoY)
  • Regulatory Impact: Rs. 560 crore drag from depreciation (Rs. 330 crore) and interest differential (Rs. 230 crore)
  • New Assets Revenue: Rs. 788 crore from newly commissioned assets
  • TBCB Success: Won 6 transmission projects (including 1 intra-state) with Rs. 2,200 crore annual tariff
  • New Venture: Maiden synchronous condenser project at Fatehgarh II
  • Project Pipeline: Rs. 1.75 lakh crore works in hand (TBCB: Rs. 1.46L cr, RTM: Rs. 25,000 cr, other business: Rs. 4,200 cr)
  • Bidding Pipeline: Rs. 1.19 lakh crore
  • Sector Outlook: National Electricity Plan targets 900+ GW by 2035-36 requiring Rs. 7.9 lakh crore transmission investment

Forward-looking Statements:

  • Strong growth trajectory in transmission sector driven by renewable integration, data centers, green hydrogen
  • International grid integration opportunities under "One Sun, One World, One Grid" initiative
  • BESS (Battery Energy Storage Systems) emerging as new business opportunity under regulatory framework
  • HVDC projects pipeline of 21 projects identified

Additional Notes Section

Attachments: The regulatory filing included the complete transcript of the webinar as enclosure.

Financial Data Disclosure: The announcement contained extensive financial data from Q1 FY27 results including revenue figures, PAT, capex, capitalization, and project commissioning details.

Operational Details: The summary includes material operational metrics like system availability, project commissioning status, and order pipeline details that were discussed during the webinar.

Tagging:

Note: The transcript included detailed Q&A session with analysts covering regulatory accounting impacts, equipment supply challenges, execution timelines, and specific project status updates.