Please find enclosed the Transcript of the Earning Conference Call held on 10 February, 2026.

Simplex Castings reported 9M FY26 revenue of ~150 crore with PAT of ~15 crore, in line with last year. Current quarterly order book stands at over 100 crore, broken down as 50% steel plants, 30% fabrication/power (including BHEL and Gaja Engineering), 20% across gearbox/pumps/machine tools, and 5-6% from Mazgaon Dock (shipbuilding). Management highlighted completion of a 50.15 crore fundraise, with 50% earmarked for capex (railway bogie expansion) and 50% for working capital. Q3 had softer EBITDA margins due to product mix, but management guided for margin recovery and is targeting EBITDA improvement of a couple of percentage points this year, along with a 40-50% CAGR over three years and sustained ~10% PAT margins. Key growth drivers identified are railways (casted bogies awaiting final RDSO clearance, expected to scale in FY26-27), power sector (Adani's 16 and NTPC's 22 thermal plants coming up, with no new plants allowed post-2030), and selective defense/shipbuilding (10-15% of revenue). The company is also evaluating a potential aluminum foundry acquisition and a Vizag plant tie-up with Arcelor Mittal Nippon Steel.