INVESTOR PRESENTATION ON FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026.

November 03, 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 BSE Scrip Code: 544454 NSE Scrip Symbol: INDIQUBE SUBJECT: DISCLOSURE UNDER REGULATION 30 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 - PRESENTATION ON THE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Dear Sir/Ma’am, This is with reference to our intimation dated October 29, 2026, regarding intimation of Investors/ Analysts call of Indiqube Spaces Limited (the “Company”) scheduled to be held on Wednesday, November 04, 2026, at 02:00 P.M. (IST). In this regard, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed presentation to be made to Analysts/ Investors on Wednesday, November 04, 2026, at 02:00 P.M. (IST) on the financial results for the quarter and half year ended on September 30, 2026. Kindly take the same in your record. For Indiqube Spaces Limited Bhasker Dubey (Company Secretary and Compliance Officer) Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) info@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 I N V E S T O R P R E S E N T A T I O N H1 & Q2 FY27 ©2026 INDIQUBE SPACES LIMITED INDIQUBE’S GROWTH JOURNEY 2013 2015 2018 2021 2022 2025 2026 Sublets existing $15 Mn - Strategic Started our foray $30 Mn – Funding July 30, 2025 Sep 30, 2026 space to clients of investments by into Tier II cities with led by Promoters & Listed on NSE & BSE Group company Coimbatore WestBridge Capital Tenants request Incorporated to Expansion into 17 Cities additional address unmet BHARAT amenities needs for Tenants Ashish Gupta 138 Centers Expansion into Promoters identify Workspaces for Metros addressable gap in Everyone Commercial Real 10.86 M Sq.Ft. Estate ©2026 INDIQUBE SPACES LIMITED DRIVEN BY VISION. DEFINED BY EXPERIENCE. OUR VISION: Creating Workspaces for Everyone G R O W Customized Interiors, Consistent Experience OUR MISSION: D E S I G N Q U B E Elevating Experiences Across India’s Commercial Spaces Making Commercial Spaces Operate Better I N D I Q A R E Fostering Sustainable Spaces for the Future E C O Curating Smart and Integrated Spaces M I Q U B E ©2026 INDIQUBE SPACES LIMITED WE ARE INDIA’S INTEGRATED MANAGED SPACES PLATFORM! Grow DesignQube Plug & Play Workspaces Your Interiors, Crafted by Us Workspace Interiors Services Design Build Retrofit Within IndiQube properties Beyond IndiQube Properties IndiQare Eco Managed Services for Commercial Spaces Green Transformation Solutions Offices Retail F&B Outlets Renovation Solar Green Transition Within + Beyond IndiQube Properties Within + Beyond IndiQube Properties MiQube Enabling Technology Layer Across the Ecosystem ©2026 INDIQUBE SPACES LIMITED REFLECTIONS FROM LEADERSHIP Q2 FY27 has been another strong quarter for Our performance this quarter reflects the IndiQube, with our highest ever quarterly increasing depth and resilience of the IndiQube revenue of ₹475 crore, growing 34% year on platform. We now manage 10.86 million sq. ft. year. across 138 centers and 17 cities, with 241,000 seats and a healthy steady state occupancy of 91%. More importantly, growth continues to translate into stronger profitability, with EBITDA growing The quality of this demand is equally 40% to ₹105 crore and PAT growing 63% to ₹57 encouraging. We serve 884 clients, with GCCs crore. contributing 54% of revenue and multi center clients 41%, reflecting strong demand from large EBITDA margin improved to 22%, and PAT margin enterprises for scalable, distributed workspace expanded to 12%, reflecting the operating solutions. leverage inherent in our platform as we scale. Our customer relationships are also expanding For the first half of FY27, revenue reached ₹904 beyond workspace. Value Added Services crore while PAT grew 66% to ₹92 crore. revenue grew 74% to ₹154 crore in H1 FY27 and now contributes 17% of operating revenue. As We remain focused on growing with financial DesignQube, IndiQare and Eco scale alongside discipline, strengthening margins and our workspace network, we are deepening maintaining the right balance between scale, customer engagement and strengthening the profitability and capital efficiency. quality of our revenue mix. Rishi Das Meghna Agarwal Cofounder & CEO Cofounder 5 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED F I N A N C I A L H I G H L I G H T S Q2 FY27 ©2026 INDIQUBE SPACES LIMITED BEST QUARTERLY REVENUE, PAT GROWS BY 63%, STEADY MARGIN IMPROVEMENT Q2 FY27 Revenue EBITDA EBIT PAT ₹475 Crores ₹105 Crores ₹68 Crores ₹57 Crores ▲ 34% | ₹354 Cr in Q2 FY26 ▲ 40% | ₹75 Cr in Q2 FY26 ▲ 42% | ₹48 Cr in Q2 FY26 ▲ 63% | ₹35 Cr in Q2 FY26 EBITDA Margin EBIT Margin PAT Margin 22% 14% 12% Vs 21% in Q2 FY26 Vs 13% in Q2 FY26 Vs 10% in Q2 FY26 7 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED STRONG OPERATING LEVERAGE DRIVES GROWTH IN ADJUSTED CASH EBIT ₹ Cr Adjusted Cash EBIT PARTICULARS Q2 FY27 Q1 FY27 Q2 FY26 ₹ Cr Revenue from operations* 472 423 350 Less : Purchases of traded goods** 28 27 26 Less : Employee benefits expense** 24 24 25 Less : Other expenses** 122 113 91 Expenses 175 165 142 Less : Payment of lease liabilities *** 198 190 150 Cash EBIT 99 68 58 Add : Income on finance lease 4 6 4 Adjusted Cash EBIT 103 75 62 Q2 FY26 Q1 FY27 Q2 FY27 Adjusted Cash EBIT % Revenue from operations 22% 18% 18% YoY Growth Adjusted Cash EBIT grew 66% YoY to ₹103 crore in Q2 FY27, significantly outpacing revenue growth of 34% and demonstrating the operating leverage 8 | IND AS | * Refer slide 28 under ‘Income’ | ** Refer slide 28 under ‘Expense’ | *** Refer slide 30 under ‘Cashflow from financing activities’ ©2026 INDIQUBE SPACES LIMITED IND-AS VS IGAAP RECONCILIATION ₹ Cr Q2 FY27 Q1 FY27 Q2 FY26 PARTICULARS Ind AS Ind AS Adj. IGAAP Eq. Ind AS Ind AS Adj. IGAAP Eq. Ind AS Ind AS Adj. IGAAP Eq. Revenue from operations 472 (4) 475 423 (6) 428 350 (4) 354 Other income 20 14 6 26 18 8 16 11 6 Total Income 492* 11 481 449 13 436 367 7 360 Purchase of Traded Goods 28 0 28 27 0 27 26 0 26 Employee Benefit Expense 24 0 24 24 0 24 25 0 25 Other expenses 122 (196) 318 113 (177) 291 91 (138) 229 Total Expenses 175** (196) 371 165 (177) 342 142 (138) 280 EBITDA 297 192 105 258 172 87 208 133 75 EBITDA (%) 63% 22% 61% 20% 59% 21% Depreciation and amortization expense 195** 152 43 188 148 40 156 124 32 Property, Plant and Equipment 43 0 43 40 0 40 32 0 32 ROU (right of use- Ind As impact) 152 152 0 148 148 0 124 124 0 EBIT 123 55 68 97 42 55 68 20 48 EBIT (%) 25% 14% 22% 13% 19% 13% Finance costs 129** 123 6 127 116 11 107 96 10 Interest on Borrowings 6 0 6 11 0 11 10 0 10 Interest on Lease Liabilities - (Ind As impact) 123 123 0 116 116 0 96 96 0 PBT (7) (69) 62 (31) (74) 43 (39) (76) 38 PBT (%) (1%) 13% (7%) 10% (11%) 10% Tax expense (2)*** (7) 5 (7) (15) 8 (9) (12) 3 PAT (6) (64) 57 (24) (59) 35 (30) (64) 35 PAT (%) (1%) 12% (5%) 8% (8%) 10% 9 | IND AS | * Refer slide 28 under ‘Income’ | ** Refer slide 28 under ‘Expense’ | *** Refer slide 28 under ‘Tax expense’ ©2026 INDIQUBE SPACES LIMITED F I N A N C I A L H I G H L I G H T S H1 FY27 ©2026 INDIQUBE SPACES LIMITED HIGHEST HALF-YEARLY REVENUE, STRONG GROWTH IN PROFITABILITY H1 FY27 Revenue EBITDA EBIT PAT ₹904 Crores ₹191 Crores ₹122 Crores ₹92 Crores ▲ 35% | ₹668 Cr in H1 FY26 ▲ 37% | ₹139 Cr in H1 FY26 ▲ 48% | ₹82 Cr in H1 FY26 ▲ 66% | ₹55 Cr in H1 FY26 EBITDA Margin EBIT Margin PAT Margin 21% 14% 10% Vs 21% in H1 FY26 Vs 12% in H1 FY26 Vs 8% in H1 FY26 11 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED CONSISTENTLY PAYING INCOME TAXES WITH S [Showing first 8,000 characters — download PDF for full document]