In accordance with Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith submit the Transcript of the Earnings Call, held on May 15, 2026, as annexed.

Aether Industries reported FY26 revenue of INR11,601 million (up 38% YoY) with EBITDA of INR3,547 million (margin 31%) and PAT of INR2,195 million (margin 19%). Q4 saw sequential decline due to one-off items including INR70 million fire-related inventory write-off and absence of INR200 million FLOP claim income from Q3. Management highlighted strong pricing in large-scale manufacturing (LSM) with 20%+ YoY and 18% QoQ price increases sustained in April-May due to geopolitical disruptions affecting global oil capacities. Site 5 commissioning is imminent with 3 new products (2 pharma, 1 agro), while Site 4 revenue grew 4x to INR220 crores. The company added 19 new marquee clients and completed 50+ audits. Management targets 70% revenue from CRAMS and CEM by FY30, with semiconductor opportunity expected to triple by 2030.