This disclosure, addressed to BSE Limited and the National Stock Exchange of India Ltd., informs that the audio recording of a conference call with analysts and investors held on November 03, 2026, to discuss the unaudited financial results for Q2 FY27 (quarter ended September 30, 2026) has been uploaded to the company's website. The filing is made pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transcript of the call will be shared with the exchanges and uploaded on the website in due course.

The attached investor presentation provides an overview of the company and its Q2 FY27 performance.

Industry Overview

The global shift to renewables is a key growth driver, with renewables expected to constitute 70% of world electricity generation by 2050. The presentation cites a global GDP of $113.7 Tn as of 2025 (IMF) and notes that electricity from renewables has a 7% energy share (IEA). Growth is driven by energy without depletion of natural resources, competitive cost versus conventional fuels, reduced oil/coal imports saving foreign exchange, and climate change mitigation. Global and India wind installation growth charts are presented but without specific numerical data. The company is diversifying into non-wind castings for automobile dies, plastic injection, mining, and power sectors, citing demand from various industrial consumers.

Company Profile

Synergy Green Industries Ltd is part of the Shirgaokar Brothers Group (established 1913) with major businesses in Sugar, Foundry, General Engineering, IT, and Hospitality. The group's annual turnover is ₹2,700 Crores. The company's state-of-the-art facilities produce wind castings (70% of business) and gearbox castings (15%), along with non-wind products like cone crushers, coal pulverizers, and turbine casings.

A SWOT analysis highlights:

  • Strengths: Ability to produce large castings up to 30 MT; established products with top global OEMs; ability to build large capacities with capital efficiency.
  • Weaknesses: Limited capacity compared to peers (scaled to 45,000 TPA); dependency on outsourced machining (~20,000 TPA in-house machining established).
  • Opportunities: Growth in renewables with high entry barriers; India becoming a manufacturing hub offers growing casting demand; trade wars/global sentiments favor Indian demand; INR depreciation against USD and CNY favors Indian foundries.
  • Threats: 80% of business from wind industry (though facilities can produce for other industries); volatile commodity prices can impact profitability (key commodities are hedged with customers on a quarterly basis).

Business Performance & Financial Results

Unaudited Financial Results for Q2 FY 2026-27 (All figures in ₹ Crore):

Income Statement Highlights:

  • Q2 FY27 (30.09.26) Total Income: ₹116.31
  • Q2 FY27 PBDIT: ₹11.84 (Margin: 10.2%)
  • Q2 FY27 Profit/(Loss) after Tax: (₹5.08)
  • H1 FY27 (30.09.26) Total Income: ₹192.02
  • H1 FY27 PBDIT: ₹17.13 (Margin: 8.9%)
  • H1 FY27 Profit/(Loss) after Tax: (₹15.19)

YoY Comparison (Q2 FY27 vs. Q2 FY26):

  • Total Income increased from ₹74.37 to ₹116.31.
  • PBDIT was nearly flat (₹11.84 vs. ₹11.71), but PBDIT Margin contracted from 15.7% to 10.2%.
  • Profit after Tax turned from a profit of ₹2.36 to a loss of (₹5.08).
  • Depreciation & Amortization increased significantly to ₹9.97 from ₹3.66.
  • Finance Costs increased to ₹7.15 from ₹4.70.

Key Factors of Performance:

  • For H1FY27, Revenue grew by 20.2% over H1 FY26 (₹192.02 Cr vs. ₹159.76 Cr).
  • Production increased by 25.8% YoY during H1 FY27.
  • FY27 margins are impacted primarily due to steep input cost escalation.

Balance Sheet (All figures in ₹ Crore):

| Item | 30.09.26 (Q2 FY27) | 31.03.26 (FY26) |

| Total Equity & Liabilities | 485.76 | 473.25 |

| Net Worth | 95.10 | 111.48 |

| Long Term Borrowings | 176.21 | 163.21 |

| Short Term Borrowings | 81.99 | 87.19 |

| Trade Payables | 101.91 | 70.90 |

| Total Assets | 485.76 | 473.25 |

| Non-Current Assets | 293.91 | 299.76 |

| Inventories | 97.90 | 62.72 |

| Trade Receivables | 47.84 | 64.97 |

| Cash & Bank Balances | 10.35 | 11.96 |

Outlook and Guidance:

  • FY27 revenue is expected to grow by approximately 33% over FY26, supported by additional capacity and revenues from new customers.
  • Export revenues are projected to grow by ~50% over FY26, contributing around 32% of total revenue.
  • PBDIT margins are expected to expand by around 100 basis points year-on-year in FY27.
  • Over the next 3-4 years, there is an opportunity for one more greenfield expansion to increase capacity to over 100,000 MT.