Investor Presentation

Ref: SEC/VDL/2026/009 October 06, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Investor Presentation on the Financial Results for the quarter ended June 30, 2026 Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose a copy of Investor Presentation being issued by the Company in this regard. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/investor-relations/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: U45201KL2007PLC021107 www.veegaland.com INVESTOR PRESENTATION Q1 FY27 Results Quarter ended 30 June 2026 Veegaland Developers Ltd Formerly known as VeegalandDevelopers Private Limited Corporate Profile Part of broader V-Guard Group Business legacy since 1977. 25 projects 10 completed · 12 ongoing · 3 upcoming 4 cities Presence across Kerala Great Place to Work Certified as a great place to work 692 994 212 units delivered units under construction units upcoming Veegaland Developers Ltd | Q1 FY27 Investor Presentation 02 Q1 FY27 AT A GLANCE Strong growth across every key metric PRE-SALES PRE-SALES AREA GROSS COLLECTIONS ₹129.85 Cr 1.47 lakh sq ft ₹70.97 Cr ▲ 64.8% YoY ▲ 40.4% YoY ▲ 72.5% YoY REVENUE EBITDA PAT ₹74.32 Cr ₹14.31 Cr ₹9.72 Cr ▲ 79.1% YoY ▲ 134.7% YoY ▲ 202.6% YoY ₹910 Cr total order value ₹431 Cr unrecognised revenue 0.26x debt-equity (from 0.32x) Veegaland Developers Ltd | Q1 FY27 Investor Presentation OPERATIONAL HIGHLIGHTS Pre-sales momentum accelerates Pre-sales value (₹ Cr) Pre-sales area (sq ft) ▲ 21.0% QoQ ▲ 64.8% YoY ▲ 22.7% QoQ ▲ 40.4% YoY 129.85 1,46,786 107.28 1,19,678 1,04,533 78.79 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Bookings value up nearly two-thirds year on year 1,46,786 sq ft booked in the quarter Veegaland Developers Ltd | Q1 FY27 Investor Presentation OPERATIONAL HIGHLIGHTS Collections and realisation Gross collections (₹ Cr) Average realisation (₹ per sq ft)* ▼ 21.4% QoQ ▲ 72.5% YoY ▼ 5.5% QoQ ▲ 17.5% YoY 90.28 8,886 8,527 70.97 7,301 41.15 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Collections up 72% YoY; Q4 FY26 was the high base Realisation up 17.5% year on year *Calculated based on agreements executed with Customers during the period. VVeeeeggaallaanndd DDeevveellooppeerrss LLttdd || QQ11 FFYY2277 IInnvveessttoorr PPrreesseennttaattiioonn OPERATIONAL HIGHLIGHTS Order book provides strong revenue visibility ₹910 Cr ₹431 Cr 18.58 lakh Total order value Unrecognised revenue sq ft under development Agreements executed with customers Yet to be recognised in P&L Across 12 ongoing projects Order book composition (₹ Cr) Recognised to date ~₹479 Cr (53%) Unrecognised ₹431 Cr (47%) Unrecognised revenue will flow to the P&L over time as construction progresses (percentage-of-completion method). Veegaland Developers Ltd | Q1 FY27 Investor Presentation 06 NEW LAUNCH · Q1 FY27 Veegaland Amora NEW LAUNCH Maradu, Kochi · Premium segment CONFIGURATION 3 BHK & 3 BHK + Study LAND AREA 89.65 cents SALEABLE AREA 1,59,923 sq ft EST. DEVELOPABLE VALUE ₹150 Cr Veegaland Developers Ltd | Q1 FY27 Investor Presentation GROWTH PIPELINE Upcoming projects and land reserves Upcoming projects · Kochi and Kozhikode DEVELOPABLE AREA (SQ FT) Project Units Saleable area (sq ft) 4,62,010 Sarovar 88 1,79,545 Fortune 72 1,79,288 East Fort 52 1,03,177 ESTIMATED GDV (₹ CR) ₹450 Total 212 4,62,010 Note: Upcoming projects are projects for which land has been acquired and approvals are in progress. LAND RESERVES Q1 ACQUISITION 6.51 acres 70 cents Veegaland Developers Ltd | Q1 FY27 Investor Presentation FINANCIAL HIGHLIGHTS Summary of financial performance +79.1% +134.7% +441 bps 3.0x Revenue growth YoY EBITDA growth YoY EBITDA margin expansion YoY PAT vs Q1 FY26 ₹ Crore Q1 FY27 Q4 FY26 Q1 FY26 QoQ YoY Revenue from operations 74.32 70.33 41.50 +5.7% +79.1% Gross profit 20.99 19.27 12.17 +8.9% +72.6% Gross margin 28.2% 27.4% 29.3% +85 bps −101 bps EBITDA 14.31 14.32 6.10 −0.1% +134.7% EBITDA margin 18.9% 19.9% 14.5% −100 bps +441 bps Profit before tax 12.99 12.59 4.29 +3.1% +202.6% Profit after tax 9.72 9.19 3.21 +5.8% +202.6% Veegaland Developers Ltd | Q1 FY27 Investor Presentation FINANCIAL HIGHLIGHTS Revenue, profitability and balance sheet Revenue (₹ Cr) EBITDA (₹ Cr) & margin PAT (₹ Cr) ▲ 5.7% QoQ ▲ 79.1% YoY ▼ 0.1% QoQ ▲ 134.7% YoY ▲ 5.8% QoQ ▲ 202.6% YoY 74.32 14.32 14.31 9.72 70.33 9.19 41.50 6.10 3.21 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 14.5% 19.9% 18.9% 0.26x 3.58% 4.05% Debt-equity ROE ROCE Lower leverage · Q4 FY26: 0.32x Not annualised · Q4 FY26: 3.50% Not annualised · Q4 FY26: 4.00% Veegaland Developers Ltd | Q1 FY27 Investor Presentation ANNEXURE · PROJECT PORTFOLIO 25 projects: completed, ongoing and upcoming Completed · 10 projects Ongoing · 12 projects Upcoming · 3 projects Project Units Sq. ft. Project Units Sq. ft. Project Units Sq. ft. Green Clouds 11 96,745 Lluvia Garden 163 3,23,700 Sarovar 88 1,79,545 Petunia & Begonia 114 1,76,955 Green Heights 141 2,77,907 Fortune 72 1,79,288 Kings Town 75 1,01,100 Casabella 84 1,70,852 East Fort 52 1,03,177 Bluebell 14 22,128 Green Capitol 88 1,51,778 Total 212 4,62,010 Kings Fort 108 1,61,928 Elanza 100* 1,51,354 Contracted order book at 30 June 2026 Zinnia 32 56,885 Maybell 84 1,48,860 ₹910 Cr Exotica 75 1,40,381 Symphony 56 1,21,800 Thejus 86 1,42,406 Serene 58 1,05,206 Upcoming: land acquired, approvals in progress Bliss 78 78,312 Flora 44 94,039 Springbell 99 1,28,169 Queens Park 44 89,639 Total 692 11,05,009 Green Fort 54 61,272 Amora 78 1,61,053 Total 994 18,57,460 Veegaland Developers Ltd | Q1 FY27 Investor Presentation 11 LEADERSHIP Directors and KMPs Kochouseph Thomas George Joseph Kurian Thomas Bijoy Ambattu Chittilappilly Bahuleyan CHAIRMAN & INDEPENDENT WHOLE TIME DIRECTOR DIRECTOR FOUNDER, VICE CHAIRMAN WHOLE TIME DIRECTOR 19+ years in sales, marketing & WTD 40+ years in banking; former and business development; 30+ years in civil engineering; Founder of V-Guard Industries Managing Chairman & Director, leads brand and growth oversees project delivery and and Wonderla Holidays; 48+ Syndicate Bank cost optimisation years of entrepreneurial leadership Veegaland Developers Ltd | Q1 FY27 Investor Presentation LEADERSHIP Directors and KMPs Dr. Varriam Kandi Jayaraj Sarala Devi Varun S. Kumar Akshay Anand Vijayakumar Balakrishnan Mecheriparambil CHIEF FINANCIAL COMPANY INDEPENDENT NON-EXECUTIVE INDEPENDENT OFFICER SECRETARY & DIRECTOR DIRECTOR DIRECTOR COMPLIANCE Chartered Accountant; OFFICER Economist; 15+ years in 39+ years of experience, 37+ years in banking; 9+ years in accountancy financial services and including 14+ years in formerly with Canara and finance 3+ years in secretarial investment strategy real estate Bank compliance Veegaland Developers Ltd | Q1 FY27 Investor Presentation 14 NOTES Definitions and disclaimer Pre-sales Units booked by customers by remitting a booking advance while the project is ongoing, irrespective of the status of execution of sale agreements. Order value Aggregate value of units for which agreements have been executed with customers. Unrecognised revenue Order value to the extent revenue is yet to be recognised in the Statement of Profit and Loss as per the accounting policy. Revenue recognition Revenue from sale of residential units under construction is recognised over time from [Showing first 8,000 characters — download PDF for full document]