Investor Presentation

Ref: SEC/VDL/2026/022 November 07, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Submission of Investor Presentation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit Investor Presentation on Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/investor-relations/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com INVESTOR PRESENTATION Q2 & H1 FY27 Results Quarter ended 30th September 2026 Veegaland Developers Ltd Formerly known as VeegalandDevelopers Private Limited Corporate Profile Part of broader V-Guard Group Business legacy since 1977. 25 projects 10 completed · 12 ongoing · 3 upcoming 4 cities Presence across Kerala Great Place to Work Certified as a great place to work 692 994 212 units delivered units under construction units upcoming Geographical Presence BIOPHILIC URBAN HOMES Nature designed into city living Veegaland’s signature concept blends nature with sustainable design across its projects. Green spaces Light and air Landscaped gardens, balcony Natural light and maximum and vertical greenery ventilation in every home Resource saving Waste handling Porotherm bricks, rainwater Complete waste management harvesting, solar-powered with bio-bins and incinerators common areas Q2 FY27 AT A GLANCE Strong growth across every key metric PRE-SALES PRE-SALES AREA GROSS COLLECTIONS ₹174.34 Cr ₹1.89 lakh sq ft ₹125.22 Cr ▲ 37.56% YoY ▲ 19.62% YoY ▲ 88.22% YoY REVENUE FROM OPS EBITDA* PAT ₹106.34 Cr ₹22.78 Cr ₹15.99 Cr ▲ 28.66% YoY ▲ 77.76% YoY ▲ 92.34% YoY ₹1086.79 Cr total order value ₹501.35 Cr unrecognised revenue 0.15x debt-equity (from 0.32x) *EBITDA is calculated including Other Income OPERATIONAL HIGHLIGHTS Pre-sales momentum accelerates Pre-sales value (₹ Cr) Pre-sales area (sq ft) ▲ 34.3% QoQ ▲ 37.6% YoY ▲28.6% QoQ ▲ 19.6% YoY 174.3 1.89 1.58 129.9 1.47 126.7 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Bookings value up 37.6% year on year 1.89 lakh sq ft booked in the quarter OPERATIONAL HIGHLIGHTS Collections and realisation Gross collections (₹ Cr) Average realisation (₹ per sq ft)* ▲ 76.4% QoQ ▲ 88.2% YoY ▲ 1.3% QoQ ▲ 17.3% YoY 9,002 125.22 8,886 7,673 70.97 66.53 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Collections up 88.2% year on year Realisation up 17.3% year on year *Calculated based on agreements executed with Customers during the period. OPERATIONAL HIGHLIGHTS Order book provides strong revenue visibility ₹1086.79 Cr ₹501.35 Cr 18.58 lakh Total order value Unrecognised revenue sq ft under development Agreements executed with customers Yet to be recognised in P&L Across 12 ongoing projects Order book composition (₹ Cr) Recognised to date ~₹585.44 Cr (54%) Unrecognised ₹501.35 Cr (46%) Unrecognised revenue will flow to the P&L over time as construction progresses (percentage-of-completion method). ‘Amora’s strong start, about a third of H1 FY27 pre-sales, shows how new launches sustain our momentum’ GROWTH PIPELINE Upcoming projects and land reserves Upcoming projects · Kochi and Kozhikode DEVELOPABLE AREA (SQ FT) Project Units Saleable area (sq ft) 4,62,010 Sarovar 88 1,79,545 Fortune 72 1,79,288 East Fort 52 1,03,177 ESTIMATED GDV (₹ CR) ₹450 Total 212 4,62,010 Note: Upcoming projects are projects for which land has been acquired and approvals are in progress. LAND RESERVES Q1 ACQUISITION 6.46 acres 97 cents FINANCIAL HIGHLIGHTS Summary of financial performance Q2 FY27 +28.66% 77.76% +550bps +92.34% Revenue growth YoY EBITDA* growth YoY EBITDA margin expansion YoY PAT growth YoY H1 FY27 +45.51% +96.10% +500 bps +123.08% Revenue growth YoY EBITDA* growth YoY EBITDA margin expansion YoY PAT growth YoY ₹ Crore Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue from operations 106.34 82.66 28.66% 180.66 124.16 45.51% Gross profit 32.88 21.88 50.26% 53.87 34.05 58.23% Gross margin 30.9% 26.4% 445 Bps 29.8% 27.4% 240 Bps EBITDA* 22.78 12.82 77.76% 37.09 18.92 96.10% EBITDA margin 20.9% 15.4% 550 Bps 20.1% 15.1% 500 Bps Profit before tax 21.47 11.38 88.60% 34.45 15.67 119.82% Profit after tax 15.99 8.31 92.34% 25.71 11.53 123.08% PAT margin 14.7% 10.0% 470 14.2% 9.3% 490 EPS 4.46 2.88 54.86% 7.38 4.28 72.43% *EBITDA is calculated including Other Income FINANCIAL HIGHLIGHTS Revenue, profitability and balance sheet Revenue (₹ Cr) EBITDA* (₹ Cr) & margin PAT (₹ Cr) ▲ 43.08% QoQ ▲ 28.66% YoY ▲ 59.18% QoQ ▲ 77.76% YoY ▲ 64.43% QoQ ▲ 92.34% YoY 15.99 106.34 22.78 9.72 82.66 14.31 8.31 12.82 74.32 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Debt-equity 0.15x ROE (H1 FY27) 6.85% ROCE (H1 FY27) 6.66% Lower leverage · FY26: 0.32x Not annualised Not annualised *EBITDA is calculated including Other Income ANNEXURE · PROJECT PORTFOLIO 25 projects: completed, ongoing and upcoming Completed · 10 projects Ongoing · 12 projects Upcoming · 3 projects Project Units Sq. ft. Project Units Sq. ft. Project Units Sq. ft. Green Clouds 11 96,745 Lluvia Garden 163 3,23,700 Sarovar 88 1,79,545 Petunia & Begonia 114 1,76,955 Green Heights 141 2,77,907 Fortune 72 1,79,288 Kings Town 75 1,01,100 Casabella 84 1,70,852 East Fort 52 1,03,177 Bluebell 14 22,128 Green Capitol 88 1,51,778 Total 212 4,62,010 Kings Fort 108 1,61,928 Elanza 100 1,51,354 Contracted order book at 30 September2026 Zinnia 32 56,885 Maybell 84 1,48,860 ₹1086.79 Cr Exotica 75 1,40,381 Symphony 56 1,21,800 Thejus 86 1,42,406 Serene 58 1,05,206 Upcoming: land acquired, approvals in progress Bliss 78 78,312 Flora 44 94,039 Springbell 99 1,28,169 Queens Park 44 89,639 Total 692 11,05,009 Green Fort 54 61,272 Amora 78 1,61,053 Total 994 18,57,460 LEADERSHIP Directors and KMPs Kochouseph Thomas George Joseph Kurian Thomas Bijoy Ambattu Chittilappilly Bahuleyan CHAIRMAN & INDEPENDENT WHOLE TIME DIRECTOR DIRECTOR FOUNDER, VICE CHAIRMAN WHOLE TIME DIRECTOR 19+ years in sales, marketing & WTD 40+ years in banking; former and business development; 30+ years in civil engineering; Founder of V-Guard Industries Managing Chairman & Director, leads brand and growth oversees project delivery and and Wonderla Holidays; 48+ Syndicate Bank cost optimisation years of entrepreneurial leadership LEADERSHIP Directors and KMPs Dr. Varriam Kandi Jayaraj Sarala Devi Varun S. Kumar Akshay Anand Vijayakumar Balakrishnan Mecheriparambil CHIEF FINANCIAL COMPANY INDEPENDENT NON-EXECUTIVE INDEPENDENT OFFICER SECRETARY & DIRECTOR DIRECTOR DIRECTOR COMPLIANCE Chartered Accountant; OFFICER Economist; 15+ years in 39+ years of experience, 37+ years in banking; 9+ years in accountancy financial services and including 14+ years in formerly with Canara and finance 3+ years in secretarial investment strategy real estate Bank compliance Profit & Loss Statement Particulars (INR Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue from Operations 106.34 82.66 28.66% 180.66 124.16 45.51% Total Income 108.77 83.13 30.84% 184.39 125.14 47.35% Operating Expenses 85.99 70.32 22.28% 147.30 106.22 38.67% EBITDA* 22.78 12.82 77.76% 37.09 18.92 96.10% EBITDA (%) 20.9% 15.4% 550 Bps 20.1% 15.1% 500 Bps PAT 15.99 8.31 92.34% 25.71 11.53 123.08% PAT (%) 1 [Showing first 8,000 characters — download PDF for full document]