Investor Presentation

AEL/BSE/NSE/2026-27 November 04, 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 – 400 001 Bandra (E), Mumbai – 400 051 Company Code No.: 511076 Trading Symbol: AEROENTER Sub.: Investor Presentation for the quarter and half year ended September 30, 2026 Dear Sir/Ma’am, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith the Investor Presentation for the quarter and half year ended September 30, 2026. You are requested to kindly take the same on your record. Thanking you, Yours faithfully, For Aeroflex Enterprises Limited Alka Gupta Company Secretary & Compliance officer M.No: A35442 Encl.: As above AEROFLEX ENTERPRISES LIMITED (Formerly Sat Industries Limited) Business Updates Q2 & H1 FY27 NSE: AEROENTER | BSE: 511076 Safe Harbor This presentation and the accompanying slides (the "Presentation"), which have been prepared by Aeroflex Enterprises Limited ("AEL") (Formerly Sat Industries Limited) 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 AEL will be made except by means of a statutory offering document containing detailed information about AEL. This Presentation has been prepared by AEL based on information and data which AEL considers reliable, but AEL 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 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 overruns on contracts, our ability to manage our international operations, government policies and actions, regulations, interest and other fiscal costs generally prevailing in the economy. AEL does not undertake to make any announcement in case any of these forward- looking statements become materially incorrect in the future or update any forward-looking statements made from time to time by or on behalf of AEL. All brands, logos, trademarks, names or any intellectual properties included in this Presentation are owned by their respective owners and are used here for representation purposes only. AEL or any of its group companies or related parties do not claim any right or ownership to these brands, logos, trademarks, names or any intellectual properties. aeroflexgaroup.ine | Businress Uopdates – fQ2 Hl1 FYe27xgroup.in | Business Updates – Q2 & H1 FY27 02 Consolidated Financial Highlights IN ₹ CRORE Particulars FY26 FY25 FY24 FY23 FY22 FY21 5yr CAGR Total Income 726.10 606.09 778.42 481.78 351.48 205.10 29% Operating EBITDA* 149.81 129.95 94.71 70.37 63.45 26.16 42% Total Income CAGR EBITDA 149.81 129.95 350.73 70.37 63.45 26.16 42% EBITDA margin 21% 21% 45% 15% 18% 13% PAT 85.33 80.73 274.22 45.06 38.71 9.44 55% PAT margin 12% 13% 35% 9% 11% 5% Cash PAT 118.29 96.01 283.38 52.23 44.52 15.67 52% Operating EBITDA CAGR Cash PAT margin 16% 16% 36% 11% 13% 7% Total Income Operational EBITDA PAT 778.42 726.1 PAT CAGR 606.09 481.78 351.48 52% 274.22 205.1 149.81 129.95 Cash PAT CAGR 85.33 80.73 94.71 70.37 45.06 63.45 38.71 26.16 9.44 FY26 FY25 FY24 FY23 FY22 FY21 *Operational EBITDA for FY24 excludes proceeds received from the sale of stake in Aeroflex Industries Limited by Aeroflex Enterprises Limited ("Promoter") aeroflexgaroup.ine | Businress Uopdates – fQ2 Hl1 FYe27xgroup.in | Business Updates – Q2 & H1 FY27 03 Strategic Capital Allocation and Exit AEL’s demonstration of Creating AI Infra Platform acquire, scale and monetise Strategic Exit Strategic Investment On 30th April, 2026, Aeroflex Enterprises Limited As of 23rd Oct 2026, Aeroflex Neu Limited (ANL) (AEL) completed the transfer and sale of its entire completed 51% stake acquisition in Stilonn Valves 68% equity stake in MRO to Ingersoll-Rand and Controls Private Limited in two tranches. Industrial US, Inc for a sale consideration of ₹227.42 Crores, subject to the customary closing conditions. aeroflexgaroup.ine | Businress Uopdates – fQ2 Hl1 FYe27xgroup.in | Business Updates – Q2 & H1 FY27 04 Exit Highlights Financial Highlights AEL Successfully Exits MRO – Q2 FY27 H1 FY27 From acquisition to strategic exit Consolidated Consolidated 100+ in less than two years Countries Presence ₹227.42 Cr ₹277.34 Cr ₹610.50 Cr Total Income Total Income1 +53.74% YoY Growth +89.34% YoY Growth 2,000+ Deal Value – 68% stake sold to Ingersoll-Rand ₹59.91 Cr ₹221.34 Cr Industrial US, Inc. on 30 Apr 2026 Workforce EBITDA EBITDA2 21.60% Margin3 36.26% Margin3 +59.01% YoY Growth +248.62% YoY Growth Multiple Months XIRR ₹38.24 Cr ₹141.46 Cr PAT PAT Startup Investments made till date 13.79% Margin 23.17% Margin +87.11% YoY Growth +305.83% YoY Growth Subject to customary closing conditions 1 MRO has been consolidated for only one month in Q1 FY27, as the Company divested its stake in MRO effective 30 April 2026 2 EBITDA for Q1FY27 includes proceeds from sale of AEL’s stake in MRO 3 EBITDA margin is calculated based on total income aeroflexgaroup.ine | Businress Uopdates – fQ2 Hl1 FYe27xgroup.in | Business Updates – Q2 & H1 FY27 05 Strategic Investment I Valves and Controls Creating Critical Engineering Ecosystem Strategic Rationale Business Key Transaction • Founded in 2014, Stilonn Valves & Controls Details is engaged in the business of manufacturing of precision engineering products. As of 23rd Oct 2026, Strengthening Valve Capabilities • The company designs and manufactures a Aeroflex Neu Limited (ANL) completed • Adds specialised valve manufacturing wide range of valves and fittings such as 51% stake acquisition in Stilonn Valves butterfly valves, ball valves, check valves, etc. capabilities to ANL’s engineering and Controls Private Limited in two portfolio • It is widely used in the high-growth AI infra tranches. and data centre space along with critical • Expands product depth across critical pharmaceutical and healthcare sector. industrial applications • It has two manufacturing unit in Maharashtra. Building Engineering Ecosystem • Creates opportunities to integrate complementary engineering products and capabilities This acquisition forms part of ANL’s • Enables cross-selling and deeper initiative to build an AI infra and data customer engagement across industrial centre platform, by offering high-tech applications and critical engineering solutions aeroflexgaroup.ine | Businress Uopdates – fQ2 Hl1 FYe27xgroup.in | Business Updates – Q2 & H1 FY27 06 Strategic Investment I Specialised Cables Expanding Power Connectivity & Cable Manufacturing Capabilities Strategic Rationale Business Key Transaction • Founded in 2005, Aerolex Cables is a Details manufacturer and exporter of specialised wires, cables and conductors catering to On 30th Oct 2026, Expanding Certified Capabilities technically demanding ap [Showing first 8,000 characters — download PDF for full document]