Investor Presentation

November 02, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (East) 21st Floor, Dalal Street Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: SURAJEST BSE Scrip Code: 544054 Dear Sir/Madam, Sub.: Investor presentation unaudited financial results for the quarter and half year ended September 30, 2026 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR) Regulations, 2015’) as amended (“Listing Regulations”) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation on the unaudited financial results for the quarter and half year ended September 30, 2026 Kindly take the aforesaid information on record and oblige. Thanking you, Yours sincerely, For Suraj Estate Developers Limited Mukesh Gupta Company Secretary & Compliance officer ICSI Membership No.: F6959 SURAJ ESTATE DEVELOPERS LIMITED Aman Chambers, 3rd Floor, Century Bazaar, Prabhadevi, Mumbai, Maharashtra 400025 Call +91 022 2437 7877/+91 022 2436 0802/ +91 022 2432 7656/ +91 022 2436 3471 CIN No. L99999MH1986PLC040873 www.surajestate.com Investor Presentation November 2026 surajestate.com Safe Harbor This presentation has been prepared by and is the sole responsibility of Suraj Estate Developers Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes. Message from the Director Mr. Rahul Thomas Whole-Time Director • Commenting on the performance for Q2 FY27, Mr. Rahul Thomas, Whole Time Director, Suraj Estate Developers, said, "The Company continued to make steady progress across its business operations during the first half of FY27, recording a sales value of Rs. 206 crore in Q2 FY27 and taking the cumulative sales value for H1 FY27 to Rs. 347 crore. Collections stood at Rs. 104 crore during the quarter, taking the H1 FY27 collections to Rs. 190 crore. This performance reflects the contribution of our residential and commercial developments and the continued traction across our project portfolio. One of the key highlights has been the encouraging response to Suraj One Business Bay at Mahim, with approximately Rs. 500 crore worth of inventory sold since its launch, with the expanded project having a GDV potential of around Rs. 2,000 crore. In addition, we have completed the acquisition of development rights for the adjoining land parcel, enabling us to expand the scale of the development. With this addition, the combined project will have an estimated saleable area of approximately 3.59 lakh sq. ft. This expansion further enhances the potential of the project and strengthens our presence in the commercial real estate segment. • Going forward, our focus will remain on advancing ongoing projects, bringing upcoming developments to market and maintaining healthy sales and collection momentum. We will continue to leverage our redevelopment expertise to identify opportunities that complement our existing portfolio. With a strong understanding of our core markets and a growing pipeline of development opportunities, we remain confident of achieving our FY27 pre-sales guidance of Rs. 700 crore while continuing to build a sustainable business." Strategic Project Expansion of Suraj One Business Bay Commercial Project Launch Strategic Acquisition Expanded GDV Potential o Successfully launched o Completed acquisition of o Develop a larger land Suraj One Business Bay, development rights of parcel of ~5,941 sq m our marquee commercial adjoining land parcel development in Mahim o Saleable Area: spread across a ~3,000 sq o Size of Land Parcel: ~3.59 lakhs sq ft m land parcel with a ~2,941 sq m saleable area of 2.09 lakh o GDV because of the new sq ft and an estimated o Saleable Area : plan went up to Rs 2,000 GDV of ~Rs 1,200 crore ~1.50 lakhs sq ft crs from Rs 1,200 crs o The project has received o Expected GDV: a strong market Rs 800 crores response, with ~48 % of inventory already sold o Agreed Consideration: post launch ~ Rs 75 crores Q2 FY27 Financial and Operational Highlights surajestate.com Operational Performance For Q2 & H1FY27 Sales Area (Sq. Ft) Sales Value (₹ Cr) 70,321 347 41,487 206 22,271 106 34,875 9,484 51,399 47 32,003 160 241 48,050 Q2FY26 Q2FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 H1FY26 H1FY27 Residential Commercial Collections (₹ Cr) Average Realisation (₹ /Sq ft) 186 190 49,065 47,537 43,885 49,921 45,515 50,221 5 8 12 24 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2 & H1FY27 Financial Performance Total Income (₹ Cr) EBITDA (₹ Cr) PAT (₹ Cr) 171 66 33 145 56 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Total Income (₹ Cr) EBITDA (₹ Cr) PAT (₹ Cr) 317 116 54 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 Note : Total income and EBITDA include other income Consolidated Profit & Loss Statement In ₹ Crs Particulars Q2FY27 Q2FY26 Y-o-Y (%) Q1FY27 Q-o-Q (%) H1FY27 H1FY26 Y-o-Y (%) FY26 Revenue from operations 170.0 144.6 144.7 314.8 277.0 555.9 Other income 1.0 0.9 1.5 2.6 1.5 5.1 Total income 171.1 145.4 18% 146.2 17% 317.3 278.6 14% 561.0 Expenses Operating and project expenses 77.3 69.6 92.9 170.2 143.3 327.7 Changes in Inventory of CWIP 20.0 -3.6 -10.0 10.0 -5.2 -41.2 Employee benefit expenses 6.5 5.8 6.0 12.5 11.6 25.0 Other expenses 10.9 8.0 2.6 13.5 [Showing first 8,000 characters — download PDF for full document]