Investor Presentation

November 06, 2026 National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G Bandra Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Scrip Code: ELGIEQUIP BSE Scrip Code: 522074 Dear Sir/Madam, Subject: Presentation of Q2 - 2026-27 Analyst/ Investor Con-call In furtherance to our earlier intimation dated October 28, 2026, regarding the Schedule of Q2 2026-27 Analyst/ Investor Con-call and pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), please find enclosed herewith the presentation to be made at the ensuing Q2 2026-27 earnings conference meet for the Analysts/ Investors scheduled to be held today i.e. Friday, November 06, 2026, at 4:00 PM (IST) through Microsoft Teams Meeting. As prescribed under the Listing Regulations, the audio / video recording and transcript of the aforesaid Meet will be uploaded on the Company’s website and will be intimated to the Stock Exchanges in due course. The above is for your information and record. This information is also being hosted on the website of the Company. Thanking you, Yours faithfully FOR ELGI EQUIPMENTS LIMITED ROHIT GUPTE COMPANY SECRETARY & COMPLIANCE OFFICER MEMBERSHIP NO.: A12422 Encl.: as above Analyst Call Q2 FY27 06 November2026 Q2 FY27 Financial highlights INR Mn Revenue EBITDA Q2 FY27 11,343 Q2 FY27 1,850 Q1 FY27 10,622 Q1 FY27 1,553 Q4 FY26 11,126 Q4 FY26 1,742 Q3 FY26 10,034 Q3 FY26 1,440 Q2 FY26 1,442 Q2 FY26 9,680 EBITDA Revenue  Growth over Previous year by 17%  Growth over Previous year by 28%  Exchange driven +4% Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 2 Q2 FY27 Sales Mix Compressors Vs. Automotive 9% 8% 9% 8% 8% 91% 92% 91% 92% 92% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Compressors Automotive Compressors - India vs ROW 52% 48% 49% 51% 48% 48% 52% 51% 49% 52% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 India ROW Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 3 Q2 FY27 Geographical Sales trend INR Mn India (Standalone) North America 7,080 6,664 2,607 2,662 6,448 6,056 2,331 2,391 5,682 2,153 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Europe Australia 1,600 480 1,432 1,412 1,398 459 1,400 1,248 460 1,107 438 1,200 440 426 431 1,000 400 388 200 360 - 340 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Q2'26 Q3'26 Q4'26 Q1'27 Q2'27 Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 4 Q2 FY27 VS Q2 FY26 EBITDA reconciliation INR Mn (26) 1,850 (170) (159) 1,442 Q2 FY26 Volume Contribution Exchange Employee Cost Other exp Q2 FY27 Impact  Sales grew by 17%  Contribution impacted due to Cost increase, tariff & product mix  EBITDA should have been INR 1,921 Mn based on the contribution of increased sales  However, EBITDA is INR 1,850 Mn. This is on account of increase in  Employee cost – INR 26 Mn (1% increase)  Other expenses – INR 159 Mn (10% increase) Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 5 Consolidated financials INR Mn Particulars Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Sales 9,680 10,622 11,343 18,347 21,965 Material Cost 4,658 5,288 5,579 8,803 10,867 Employee Cost 1,944 2,085 2,072 3,800 4,157 Other Expenses 1,636 1,696 1,842 3,088 3,538 EBITDA 1,442 1,553 1,850 2,656 3,403 EBITDA % 14.9% 14.6% 16.3% 14.5% 15.5% Depreciation and amortisation 207 247 258 395 505 EBIT 1,235 1,306 1,592 2,261 2,898 EBIT % 12.8% 12.3% 14.0% 12.3% 13.2% Finance costs (70) (60) (49) (143) (109) Forex gain/(loss) 26 24 10 23 34 Other income 491 180 196 688 376 JV divestment loss (46) - - (46) - Share of profit/(loss) of joint venture 34 18 22 64 40 PBT 1,670 1,468 1,771 2,847 3,239 PBT % 17.3% 13.8% 15.6% 15.5% 14.7% Exceptional exp (Restructuring) - 73 37 - 110 Restructuring costs arising from organizational realignment PBT 1,670 1,395 1,734 2,847 3,129 PBT % 17.3% 13.1% 15.3% 15.5% 14.2% Income Tax 456 362 451 777 813 PAT 1,214 1,033 1,283 2,070 2,316 PAT % 12.5% 9.7% 11.3% 11.3% 10.5% Q2 PAT excluding exceptional at 11.6% Basic EPS 3.85 3.28 4.07 6.56 7.34 Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 6 H1 FY27 Net Cash Position INR Mn Net cash Apr 2026 - Sep 2026 Major movements 6,990 6,800 6,207 Cash Profit 6,058 5,316 +3,374 Net Working capital -336 -694 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Capex -705 Particulars Sep-25 Mar-26 Sep-26 Dividend Cash 9,568 10,256 10,550 Debt (4,252) (4,049) (3,560) -856 Net Cash 5,316 6,207 6,990 Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED 2026 | All Rights Reserved 7 Thank you