Press Release

CIN: U26700KA2003PLC033043 www.tonboimaging.com Date: November 5, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Corporate Relationship Department Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: TONBO BSE Scrip Code: 544999 ISIN: INE0LDG01026 ISIN: INE0LDG01026 Subject: Press Release – Unaudited Standalone and Consolidated Financial Results (“Unaudited Financial Results”) for the quarter and half year ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release on the Unaudited Financial Results for the quarter and half year ended September 30, 2026. The above Press Release is also available on the Company’s website at www.tonboimaging.com. Kindly take the same on record. Thanking you, For Tonbo Imaging India Limited (formerly known as Tonbo Imaging India Private Limited) Ankita Agarwalla Company Secretary and Compliance Officer Membership No.: A61777 Encl.: As above Tonbo Imaging India Limited, (Formerly known as Tonbo Imaging India Private Limited) No. 3, Chikkayellappa Tower - II,1st C Main, Sarjapura Main Road, Jakkasandra Extension, Chikkayellappa Indl. Layout, Bangalore – 560034 T +91 80 41999555 F +91 80 41999777 Email: info@tonboimaging.com EARNINGS RELEASE Q2 & H1 FY 27 HIGHLIGHTS Tonbo Imaging India Limited Records H1 FY27 Revenue of ₹2,193 Mn, up 183% YoY; PAT Rebounds to ₹235 Mn in Q2 FY27 Order Book at ₹2,498 Mn with a Further ₹4,083 Mn Contracts Under Negotiation Bangalore, 5th November 2026: Tonbo Imaging India Limited (BSE: 544999, NSE: TONBO) is the intelligence stack for the modern battlefield. It designs and manufactures the subsystems that autonomous warfare needs: sensing, processing, communication, guidance and neutralisation. As of September 2026, over 28,000 systems were deployed across 24 countries. Consolidated Financials (₹ in Million) Particulars Q2 FY27 Q2 FY26 Y-o-Y % H1 FY27 H1 FY26 Y-o-Y % Revenue from 1,833 89 1,963% 2,193 776 183% Operations EBITDA 442 (32) N.A. 312 118 165% EBITDA Margin % 24% (36)% N.A. 14% 15% (96) bps Profit Before Tax 314 (107) N.A. 77 (30) N.A. Profit After Tax 235 (96) N.A. 58 (42) N.A. H1 FY27 Highlights • Half-yearly revenue at ₹2,193 million, up 183% YoY • EBITDA margin moved to 14%, driven by a sharp Q2 recovery, with Q2 FY27 EBITDA of ₹442 Mn (24.11% margin) more than offsetting the Q1 FY27 EBITDA loss of ₹(130) Mn • H1 FY27 PAT stood at ₹58 Mn against ₹(42) Mn in H1 FY26, an improvement of ₹100 Mn; PAT margin improved to 2.61% from (5.13)% Order Book & Bidding Pipeline • The confirmed order book stood at ₹2,498 million as of 30 September 2026, with an additional ₹4,083 million worth of contracts under negotiation. • Domestic orders accounted for ₹1,822 million, contributing approximately 73% of the confirmed order book, while export orders stood at ₹676 million. • Platform systems accounted for the majority of the order book at ₹2,053 million, while tactical systems contributed ₹445 million. • The order book reflects a strong platform-led project pipeline, alongside opportunities across domestic and international markets. Tonbo Imaging India Limited (formerly known as Tonbo Imaging India Private Limited) | CIN: U26700KA2003PLC033043 No. 3, Chikkayellappa Tower - II, 1st C Main, Sarjapura Main Road, Jakkasandra Extension, Chikkayellappa Indl. Layout, Bangalore – 560034 T +91 80 41999555 | info@tonboimaging.com | www.tonboimaging.com | Page 1 EARNINGS RELEASE Q2 & H1 FY 27 HIGHLIGHTS Other Business Update & Capacity Expansion • Platform revenue grew to ₹941 Mn in H1 FY27 (H1 FY26: ₹333 Mn) and Tactical revenue to ₹1,229 Mn (H1 FY26: ₹393 Mn); Platforms account for 82% of the order book • Scaling through a lean, fabless production model with multiple ISO 9001-certified CMH/EMH manufacturing partners • 15+ years of sustained R&D investment, with 100% proprietary IP across optics, sensor electronics, low power computer vision, inertial stabilization, RF and control; continued investment includes the development of a directed-energy system over the next 3–4 years • In October 2026, secured a strategic export order (~EUR 65,000) from a European state- owned company for FOPM units of its EO/IR stabilised seeker, marking its entry into an export loitering munition programme; on acceptance, the customer has an option to order up to ~EUR 13 million • The seeker combines day and thermal imaging with stabilisation and onboard target tracking in a compact package, designed for loitering munitions, precision-guided munitions and interceptor drones; supply is subject to an End User Certificate and Government of India export authorisation • The Company’s equity shares were listed on NSE and BSE on 23 October 2026, following an Initial Public Offering of ₹852 crore by way of an offer for sale, which was subscribed over 135 times overall, with strong demand from qualified institutional buyers Commenting on the results, Mr. Arvind Kondangi Lakshmikumar, Promoter, Managing Director and Chief Executive Officer, Tonbo Imaging India Limited, said: “H1 FY27 performance has met our expectations, with revenue reaching ₹2,193 million, supported by a strong second quarter and encouraging order inflows of ₹1,879 million. Our current order book of ₹2,498 million, together with contracts under negotiation of ₹4,083 million and a qualified pipeline of opportunities, support a positive outlook for FY27 and the medium term. Products based defence businesses like ours need to be looked at from the lens of a three to five year perspective and business performance tracked on an annual basis. Revenue volatility on a quarter- on-quarter basis has been seen historically and should be considered par for the course. Over the past 15 years, sustained investment in R&D has enabled us to build a broad portfolio across tactical systems and platforms. While tactical systems currently contribute 70–80% of our business, we expect platforms to account for a larger share over time. We will continue investing in proprietary technology, including the development of a directed-energy system over the next 3–4 years, while pursuing domestic and export opportunities. The recent strategic export order for our EO/IR stabilised seeker from a state-owned company in Europe reflects how this investment in imaging, stabilisation and tracking is carrying Tonbo from sensors into precision guidance. We expect the increased adoption of our platform subsystems and the directed energy platforms both domestically and globally to smooth out inter year volatility and provide sustained growth for the business.” Tonbo Imaging India Limited (formerly known as Tonbo Imaging India Private Limited) | CIN: U26700KA2003PLC033043 No. 3, Chikkayellappa Tower - II, 1st C Main, Sarjapura Main Road, Jakkasandra Extension, Chikkayellappa Indl. Layout, Bangalore – 560034 T +91 80 41999555 | info@tonboimaging.com | www.tonboimaging.com | Page 2 EARNINGS RELEASE Q2 & H1 FY 27 HIGHLIGHTS ABOUT TONBO IMAGING INDIA LIMITED Tonbo Imaging India Limited is an Indian defence technology company that designs and builds the sensing, processing, communication, guidance and neutralisation systems for tactical and autonomous warfare. Established in 2003, the Company reports in two lines: tactical systems, including thermal imaging cores, weapon sights, handheld thermal imaging binoculars and targeting systems; and platform systems, including missile seekers, fire control systems, stabilised gimbals and missile guidance systems. Directed energy is a third line, still in development. The Company follows a global-first approach: it proves its products with demanding international customers, then drives adoption in India. Its systems serve surveillance, reconnaissance, targeting and batt [Showing first 8,000 characters — download PDF for full document]