Investor Presentation

Date: October 6, 2026 To, To, BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Corporate Relationship Department Exchange Plaza, C-1, Block G, P. J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Fort, Mumbai - 400 001 Mumbai – 400051 BSE Scrip Code: 544913 NSE Symbol: GLASSWALL Subject: Investor Presentation on the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026. Dear Sir/ Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), please find enclosed herewith a copy of the Investor Presentation or Communication, in connection with the Unaudited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended June 30, 2026. This presentation will also be available on the Company’s website at www.glasswallsystems.in in compliance with Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We request you to take the same on record. Thanking You, Yours faithfully, For and on behalf of Glass Wall Systems (India) Limited Sagar Lambole Company Secretary and Compliance Officer Membership No. A45005 Glass Wall Systems (India) Limited (Formerly Glass Wall Systems (India) Private Limited) 503-504,5th Floor, A Wing, Marathon Futurex, Mafatlal Mills Compound, N.M. Joshi Marg, Lower Parel (E), Mumbai 400013. | Tel./Fax No: +91 22 6103 3456 E: info@glasswallsystem.com | W: www.glasswallsystems.in AN ISO 9001: 2008 COMPANY| CORPORATE IDENTITY NUMBER: U74999MH2010PLC207187 GLASS WALL SYSTEMS Complete Solutions For Façade Works Q1FY27 INVESTOR PRESENTATION 06th OCTOBER 2026 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Glass Wall Systems (India) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and businessprospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materiallyand adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. LLiisstteedd oonn NNSSEE aanndd BBSSEE oonn 1166tthh SSeepptteemmbbeerr 22002266 Q1FY27 Financial Highlights Management Commentary Commenting on the results, Mr. Eshan Hemrajani, Managing Director & Chief Executive Officer, Glass Wall Systems(India)Limited,said: "Our listing marks an important milestone in the journey of Glass Wall Systems, and as we present our first set of results as a listed company, I would like to thank our shareholders, customers, partners and, above all, our team for theircontinuedtrustandcommitment. Q1FY27 performance reflects the strength of our integrated façade solutions platform, which brings together design and engineering, manufacturing and project execution under one roof. We continue to see encouraging opportunities acrossourdomesticfaçadebusiness,international façadeproductsupplyandpremiumfenestrationsegment. A key strategic priority for us is backward integration through an in-house Glass Processing Unit (“GPU”) at our Vile Mr. Eshan Hemrajani Managing Director & Chief Bhagad facility. Once operational, the GPU will reduce our dependence on external processed-glass suppliers, give us Executive Officer greatercontroloveroursupplychainandimproveourmanufacturing economics. Going forward, we will stay focused on disciplined execution of our robust project pipeline, deepening relationships with existing customers, expanding our international presence and strengthening our value-added manufacturing capabilities. Our order book of Rs. 982 crores as of 31st July gives us strong visibility, and our priority now is to convert it with the samedisciplinethathasdefinedourexecutiontrackrecord. For FY27, we expect revenue to grow significantly over FY26, with EBITDA margins in line with previous year. Backed by sustained demand for high-quality façade and fenestration solutions, a healthy order pipeline and growing capabilities,weremainconfidentofdeliveringsustainableandprofitablegrowth." Q1FY27: Performance Snapshot Figures (Rs. in Cr) REVENUE EBITDA & EBITDA% PAT & PAT% 2266..66%% 2211..33%% 2233..77%% 1166..11%% 36% 9% -8% 23 19 21 17 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 FinancialHighlights: (cid:1) Domestic Business:Revenue of Rs. 62 crores up 93% y-o-y, driven by strong project execution (cid:1) International Business:Revenue of Rs. 39 crores, down 12% y-o-y, reflecting the timing of order execution, with deliveries scheduled over the coming quarters (cid:1) Fenestration Business:Revenue of Rs. 6 crores, up 127% y-o-y, driven by rising demand from the luxury residential segment (cid:1) Orderbook:As of July,’26 is Rs. 982 crores (cid:1) Margins were impacted due to: (cid:1) Revenue Mix: A lower contribution from the international business, which typically carries higher margins, also impacted overall margin performance during the quarter (cid:1) Employee Costs: Increased manpower requirements for the expansion and operationalization of new capacity, coupled with periodic salary revisions, led to increase in employee costs (cid:1) Other Expenses: Other expense includes freight cost which is now being borne by company and is billed to the export customer as per the revised commercial agreement versus ex-factory billing during the same period last year. (cid:1) Adjusted for the change in contract terms, EBITDA would be 22.5% in Q1FY27 MMaarrggiinnss Consolidated Profit & Loss Statement Profit and Loss (Rs. Crs) Q1FY27 Q1FY26 YoY% FY26 FY25 YoY% Revenuefrom Operations 107.4 79.1 35.8% 457.0 278.3 64.2% Cost of Goods Sold 46.8 35.1 220.8 129.4 Gross Profit 60.7 44.0 37.9% 236.2 148.9 58.6% Gross Profit Margin 56.5% 55.6% 51.7% 53.5% Employee Cost 11.3 8.4 37.7 29.0 Other Expenses 26.4 14.5 93.2 46.9 [Showing first 8,000 characters — download PDF for full document]