Investor Presentation

(‘\4 edvcate To To Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra - Kurla Complex Mumbai — 400 001 Bandra (E), Mumbai — 400 051 Scrip Code: 540403, Scrip Symbol: CLEDUCATE ISIN: INE201M01029 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation for the Quarter and Half Year ended September 30, 2026 Dear Ma’any/Sir(s), In compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance to our intimation dated October 30, 2026, please find enclosed herewith Analysts and Investors Earnings Call presentation on the Company’s Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. The presentation will be presented during the Earnings Call scheduled today, i.e., November 04, 2026, at 03:30 P.M. IST. The aforesaid information will also be hosted on the Company’s website at www.cleducate.com. Kindly take the above details on record. Thanking You For CL Educate Limited Arjun Wadhwa Chief Financial Officer Place: New Delhi Date: November 04, 2026 CL Educate Limited www.cleducate.com Registered Office: Office No. 201, CTS No. 39A & 39B, SV Road, Near Andheri compliance@cleducate.com Subway, Andheri (West), Mumbai, Maharashtra — 400 +91-11-41281100/0800 +91-11-41281101 Corporate Office: A-45, First Floor, Mohan Co-operative Industrial Estate, New CIN: L74899MH1996PLC477246 Delhi — 110044 C L E D U C A T E L I M I T E D ANALYST PRESENTATION H1 FY 2027 November 04, 2026 P LA TF O RM LED STRA TEGI C TRA NSF O RMA TI O N From Test Prep pioneer to Integrated Solutioning Platform DISCLAIMER Safe Harbour Please read in conjunction with the information presented in this document USE OF THIS PRESENTATION FORWARD-LOOKING STATEMENTS This presentation has been prepared by CL Educate Limited (the “Company”) solely for Certain statements in this document may be forward-looking statements. Such information purposes without any regard to any specific objectives, financial situations forward-lookingstatements aresubjectto certainrisks anduncertaintieslikeregulatory or information needs of any particular person. This presentation and its contents are changes, local political or economic developments, and many other factors that could confidential and should not be copied, distributed, disseminated, published or cause our actual results to differ materially from those contemplated by the relevant reproduced, in whole or part, or disclosed by recipients directly or indirectly to any forward-lookingstatements. other person. Data and comments contained in the presentation are basis what the Company believes are a reasonable representation of its businesses. The numbers represented at certain places are management estimations carried out on the basis assumption taken regarding the nature of business. By accessing this presentation, the LIMITATION OF LIABILITY person acknowledges and agrees that the information contained herein is not a substitute for their independent investigation, analysis, and judgment. The person should consult their own financial, legal, tax, and other advisors before making any CL Educate Ltd. will not be in any way responsible for any action taken based on such investment decisionsbased ontheinformationpresented. data or comments or statements and undertakes no obligation to publicly update thesedataor commentsor forward-lookingstatements toreflectsubsequent eventsor circumstances. CL EDUCATE LIMITED | INVESTOR PRESENTATION | H1 FY 2027 OVERVIEW 02 EXECUTIVE SUMMARY · H1 FY 2027 Cost Discipline Lifts EBITDA 13.2%; Margin Expands 289 bps Consolidated, H1 FY 2027 (A) vs H1 FY 2026 (A) · All figures in ₹ Cr unless stated TOTAL INCOME ▼4.4% EBITDA ▲13.2% EBITDA MARGIN ▲289 bps PROFIT AFTER TAX ▲341.4% ₹ 305.1 Cr ₹ 56.8 Cr 18.6% ₹ 6.6 Cr vs ₹ 1.5 Cr LY · after ₹ 3.2 Cr vs ₹ 319.1 Cr LY vs ₹ 50.2 Cr LY vs 15.7% LY impairment WHAT DROVE THE HALF-YEAR KEY WINS New contract wins in Digital Assessments ₹ 20.5 Cr Cost Optimizationmore than offset income decline IIT-GATE, EdCIL, GPSC, BTSC: ACV ₹ 39 Cr, multi-year TCV ₹ 172 Cr; DEX margin up 171 bps to 29.2%. ₹ 20.5 Cr of cost reduction —service delivery +₹ 8.1 Cr and other overheads +₹ 12.4 Cr —lifted EBITDA to ₹ 56.8 Cr. MarTech revenue ▲14.0%, EBITDA ▲26.7% Finance cost down 32.0% International revenue ▲35%, now 39.9% of MarTech revenue (LY 34.7%); Dell, Salesforce, Google scaling well. ₹ 17.8 Cr vs ₹ 26.1 Cr LY; depreciation & amortisation up 21.4% to ₹ 22.5 Cr. EdTech margin up 426 bps to 21.8% Network & Dubai at 78.0% of Test Prep billing (LY 74.5%); realisation per enrolment ▲ 9.0%. CL EDUCATE LIMITED | INVESTOR PRESENTATION | H1 FY 2027 OVERVIEW 03 SECTION 02 · EBITDA BRIDGE ₹ 20.5 Cr of Cost Reduction Absorbs a ₹ 13.9 Cr Income Decline Income and cost walk from H1 FY 26 to H1 FY 27 reported EBITDA · All figures in ₹ Cr Cost reduction + ₹ 20.5 Cr + 12.4 ₹ 56.8 ₹ 50.2 − 13.9 + 8.1 H1 FY 26 Total Service Other H1 FY 27 EBITDA Income Delivery Overheads EBITDA Net EBITDA uplift of + ₹ 6.6 Cr — a ₹ 13.9 Cr decline in total income has been more than offset by ₹ 20.5 Cr of cost reduction, lifting the EBITDA margin by 289 bps to 18.6%. CL EDUCATE LIMITED | INVESTOR PRESENTATION | H1 FY 2027 GROUP PERFORMANCE 05 SECTION 03 · H1 FY 27 BUSINESS-WISE PERFORMANCE Cost Optimisation Lifts Group EBITDA Margin to 18.6% Segment revenue and EBITDA · H1 FY 2027 (A) vs H1 FY 2026 (A) · All figures in ₹ Cr CONSOLIDATED REVENUE CONSOLIDATED EBITDA EBITDA MARGIN ₹ 305.1 Cr ₹ 56.8 Cr 18.6% vs ₹ 319.1 Cr ▼4.4% vs ₹ 50.2 Cr ▲13.2% vs 15.7% ▲289 bps REVENUE · ₹ Cr EBITDA · ₹ Cr H1 FY 26 (A) H1 FY 27 (A) H1 FY 26 (A) H1 FY 27 (A) 139.1 127.6 38.3 37.3 97.4 92.8 84.7 81.5 17.1 18.5 7.3 9.3 EdTech —L&D Digital Assessments MarTech EdTech —L&D Digital Assessments MarTech EdTech — Learning & Development Digital Assessments (DEX) MarTech REVENUE ▼13.0% EBITDA ▲8.0% REVENUE ▼8.2% EBITDA ▼2.5% REVENUE ▲14.0% EBITDA ▲26.7% Business-line EBITDA ▲12%; margin 21.8% vs 17.6% Base effect: NTA/DGAFMS & CCRAS ₹21 Cr in H1 FY 26, not EBITDA margin 10.0% vs 9.0%; International revenue ▲35%, now repeated 40% of the mix CL EDUCATE LIMITED | INVESTOR PRESENTATION | H1 FY 2027 GROUP PERFORMANCE 04 EDTECH -LEARNING & DEVELOPMENT SECTION 04 · EDTECH — LEARNING & DEVELOPMENT Margin Expands 426 bps to 21.8% as the Test Prep Mix Resets Business-line performance · H1 FY 2027 (A) vs H1 FY 2026 (A) · All figures in ₹ Cr SEGMENT REVENUE SEGMENT EBITDA EBITDA MARGIN ₹ 84.7 Cr ₹ 18.5 Cr 21.8% vs ₹ 97.4 Cr ▼13.0% vs ₹ 17.1 Cr ▲8.0% vs 17.6% ▲426 bps BUSINESS DEVELOPMENTS THIS HALF-YEAR REVENUE & EBITDA · ₹ Cr H1 FY 26 (A) H1 FY 27 (A) Test Prep headwinds Test Prep continues to face headwinds due to AI penetration and availability of free online resources. 97.4 84.7 Channel mix reshaped Test Prep revenue mix reshaped by increase in Network contribution, also had a positive impact on realization 17.1 18.5 per customer. Test Prep margin Revenue EBITDA EBITDA margin 19.5% vs 16.5%; cost rebase absorbing lower billing Platform Monetization Margin up 426 bps to 21.8% Change in admission cycle and seasonality change has led to H2 being revenue heavy EBITDA ▲8.0% on 13.0% lower revenue; business-line EBITDA ▲12%. CL EDUCATE LIMITED | INVESTOR PRESENTATION | H1 FY 2027 EDTECH — L&D 07 D I G I T A L A S S E S S M E N T S ( D E X ) SECTION 05 · DIGITAL ASSESSMENTS (DEX) Margin Expands 171 bps to 29.2% H1 FY 2027 (A) vs H1 FY 2026 (A) · All figures in ₹ Cr NEW TOTAL MULTI YEAR TOTAL INCOME ▼8.2% EBITDA ▼2.5% EBITDA MARGIN ▲171 bps CONTRACT VALUE ₹ 127.6 Cr ₹ 37.3 Cr 29.2% ₹ 172 Cr vs ₹ 139.1 Cr LY vs ₹ 38.3 Cr LY vs 27.5% LY New multi-year contracts, H1 FY 27 REVENUE BY BUSINESS LINE · H1 FY 27 CONTRACT MOMENTUM · H1 FY 27 Q1 FY 2 [Showing first 8,000 characters — download PDF for full document]