Investor Presentation for the quarter ended June 30, 2026.

July 27, 2026 To, To, The General Manager, The Listing Department. Department of Corporate Services, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, C-1, Block G P.J. Towers, Dalal Street, Bandra Kurla Complex Mumbai – 400001 Bandra (E), Mumbai – 400 051 Scrip Code: 543972 Trading Symbol: AEROFLEX Sub: Investor Presentation for the Quarter ended June 30, 2026. Dear Sir/Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclosed herewith the Investor Presentation for the quarter ended June 30, 2026. Kindly take the same on your record. Thanking you, Yours faithfully, FOR AEROFLEX INDUSTRIES LIMITED Ruthu Parampogi Company Secretary & Compliance Officer Mem No: A60982 Encl: As above Aeroflex Industries Limited Engineering the next intelligence Investor Presentation – July 2026 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aeroflex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe to 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. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over-runs on contracts, our ability to manage our international operations, government policies and actions, regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. Q1 FY27 Performance Highlights Key Financial Highlights - Consolidated Highest Ever Quarterly Performance Particulars (Rs. In Crs) Q1FY27 Q1FY26 YoY (%) Total Income 145.97 84.67 72.41% EBITDA 33.49 15.48 116.38% EBITDA Margin (%) 23.04% 18.35% 468 bps Profit After Tax 18.79 7.17 162.22% PAT Margin (%) 12.87% 8.46% 441 bps Cash Profit 26.64 13.09 103.42% Cash Profit Margin (%) 18.25% 15.47% 278 bps MD’s Commentary Commenting on the performance, Managing Director Mr. Asad Daud stated, “We are pleased to report yet another highest-ever quarterly performance with revenue of Rs. 145.97 crore, YoY growth of 72.41% , reflecting strong execution, broad-based growth across all product segments, and sustained demand from both domestic and international markets. The quarter marked a significant acceleration in our liquid cooling solutions business, with SFN skid assemblies generating revenue of Rs. 32.4 crore in Q1FY27. Our core business also delivered strong results: stainless-steel flexible hoses grew 40.53% YoY, while assemblies and other value-added products grew 36.96% YoY. The rapid growth of AI workloads is driving higher rack densities and significantly greater heat generation, accelerating the industry-wide shift from conventional air cooling to advanced liquid cooling systems. Globally, hyperscalers and technology companies continue to announce large-scale data center investments, creating sustained demand for reliable, leak-proof, and precision-engineered cooling infrastructure. India is emerging as a key data center market, supported by rising cloud adoption, data localisation, growing digital consumption, and increasing investment from both domestic and global operators. To meet this growing demand pipeline, we have expanded our skid assembly capacity from 6,000 skids to 9,000 skids per annum, and remain on track to scale further to 15,000 skids per annum. With an established core business, growing expertise in value-added assemblies, and a rapidly scaling presence in liquid cooling solutions, the Company is strategically positioned at a critical point in the data center cooling value chain. We remain confident in sustaining our growth momentum and capturing the multi-decade opportunity arising from the global transition to liquid-cooled AI infrastructure.” Key Operational Highlights - Consolidated Product Segment Domestic : Export Mix 39% 43% + 42.52% YoY 37% + 40.52% YoY Absolute Growth 41% 61% 52% Absolute Revenue Growth 41% + 33.60% YoY 42% + 162.98% YoY 34% 28% Absolute Revenue Growth Absolute Growth Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q4FY26 Q4FY25 FY26 FY25 SS Flexible Hoses with & without Braiding Exports Domestic Assemblies & Others* SFN Skid Assemblies Geographical Split : Exports + 35.91% YoY Absolute Growth 59% 57% + 108.27% YoY Absolute Growth 12% - 10.09% YoY 5% 2% 7% 1% Absolute Growth Q1FY26 Q1FY27 Americas (North + South) Europe Asia Africa Others *Others include fittings, metal bellows 6 Standalone Profit & Loss Statement Quarterly Y-o-Y Performance Q-o-Q Performance Profit & Loss (Rs. Crs) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 Revenue from Operations 139.01 79.19 75.55% 118.82 17.0% 412.47 Other Income 0.76 0.33 0.72 1.55 Total Income 139.78 79.52 75.78% 119.54 16.93% 414.02 Cost of Material Consumed 80.15 50.95 70.68 242.55 Changes in Inventories (3.24) (5.21) (4.21) (12.42) Employee Benefit Expenses 13.30 8.32 9.64 38.02 Other Expenses 15.76 9.60 13.41 46.83 EBITDA# 33.03 15.53 112.60% 29.30 12.72% 97.49 EBITDA Margin# 23.76% 19.62% 414 bps 24.66% (90 bps) 23.64% Depreciation* 7.28 5.48 7.22 24.13 Finance Cost 0.35 0.18 0.28 0.94 Profit before Tax 26.16 10.21 22.52 73.98 Tax 7.10 2.58 4.84 18.69 Profit After Tax 19.06 7.62 150.02% 17.69 7.76% 55.28 PAT Margin 13.64% 9.59% 405 bps 14.80% (116 bps) 13.35% Cash Profit 26.34 13.11 100.96% 24.90 5.77% 79.41 Cash Profit Margin 18.84% 16.48% 236 bps 20.83% (199 bps) 19.18% EPS (in Rs.) 1.44 0.59 1.36 4.26 Figures for the previous periods have been re-grouped / re-classified to conform to the figures of the current periods *Depreciation increased due to higher capital expenditure undertaken compared to the previous year #EBITDA and EBITDA margin are calculated based on revenue from operations Consolidated Profit & Loss Statement Quarterly Y-o-Y Performance Q-o-Q Performance Profit & Loss (Rs. Crs) Q1FY27 Q1FY26 YoY Q4FY26 QoQ FY26 Revenue from Operations 145.38 84.33 72.38% 125.84 15.5% 441.94 Other Income 0.60 0.33 0.62 1.36 Total Income 145.97 84.67 72.41% 126.46 15.43% 443.29 Cost of Material Consumed 84.23 53.38 72.15 259.60 Changes in Inventories (3.53) (3.94) (0.26) (8.67) Employee Benefit Expenses 13.94 9.06 10.11 41.31 Other Expenses 17.25 10.35 13.81 49.96 EBITDA# 33.49 15.48 116.38% 30.03 11.54% 99.74 EBITDA Margin# 23.04% 18.35% 468 bps 23.86% (82 bps) 22.57% Depreciation* 7.84 5.93 7.79 26.08 Finance Cost 0.35 0.18 0.28 0.94 Profit [Showing first 8,000 characters — download PDF for full document]