Analysts/Institutional Investor Meet/Con. Call Updates

Ref: CE/NSEBSE/10112026 November 10, 2026 Listing Department, Department of Corporate Services – Listing, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Re: Scrip Symbol: CENTUM/ Scrip Code: 517544 Dear Sir/ Madam, Sub: Transcript of the conference call with Analysts/Investors In continuation to our letter dated 5th November 2026 and pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Transcript of the conference call that was organized with the Analysts / Investors on Thursday, 5th November 2026 at 16:00 hours IST is enclosed. Yours faithfully, For Centum Electronics Limited Indu H S Company Secretary & Compliance Officer Encl: as above Centum Electronics Limited # 44, KHB Industrial Area, Yelahanka New Town, Bangalore - 560 064, Karnataka, India Tel +91-(0)80-4143-6000 Fax +91-(0)80-4143-6005 Website www.centumelectronics.com E-mail info@centumelectronics.com CIN - L85110KA1993PLC013869 “Centum Electronics Limited Q2/H1-FY27 Earnings Conference Call” November 05, 2026 MANAGEMENT: MR. NIKHIL MALLAVARAPU – JOINT MANAGING DIRECTOR – CENTUM ELECTRONICS LIMITED MR. SUNDARARAJAN PARTHASARATHY – CHIEF FINANCIAL OFFICER – CENTUM ELECTRONICS LIMITED MODERATOR: MR. TANAY SHAH – DAM CAPITAL ADVISORS LIMITED Page 1 of 16 Centum Electronics Limited November 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Centum Electronics Second Quarter and First Half of Financial Year 2027 Earnings Conference Call hosted by DAM Capital Advisors Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch- tone phone. I now hand the conference over to Mr. Tanay Shah from DAM Capital Advisors Limited. Thank you, and over to you, sir. Tanay Shah: Thank you, Vaishnavi. Good afternoon, everyone, and welcome to Centum Electronics Q2 and H1 FY27 Earnings Call. Today, we have the meeting being represented by Mr. Nikhil Mallavarapu, Joint Managing Director, and Mr. Sundararajan Parthasarathy, Chief Financial Officer. At this time, I will hand over the call to Nikhil for his opening remarks, post which we will open up the floor for Q&A. Thank you, and over to you, sir. Nikhil Mallavarapu: Thank you, Tanay, and good evening, everyone. Welcome to Centum Electronics Earnings Conference Call to discuss our performance for the second quarter and first half of FY27. Let me also extend a special thanks to our hosts at DAM Capital. I will begin with an overview of the company's performance, followed by updates for our Build to Spec or BTS business and our Electronic Manufacturing Services or EMS business. Our CFO, Mr. Sundararajan Parthasarathy, will then take you through financial performance in greater detail. Overall, the company delivered a strong performance during the quarter, supported by robust execution across both BTS and EMS. Q2 revenue increased by 52% year-on-year to INR312 crores. For the first half, revenue increased by 32% year-on-year to INR517 crores. Profitability also strengthened with quarterly EBITDA growing by 63% and PAT by 77% year-on-year. Our order book stood at approximately INR2,000 crores as of September 2026, representing growth of about 38% year-on-year. This provides a strong visibility for future execution and reflects a continued customer confidence across defense, space, semiconductor equipment, transportation, industrial, and medical applications. Let me first start by speaking about our BTS business. BTS delivered a strong quarter with revenue increasing by 84% year-on-year. For the first half, BTS revenue increased by 33% year- on-year, and this was supported by improved execution across key radar electronics and space programs. The BTS order book increased by 47% year-on-year at the end of Q2 and stood at INR959 crores. Among the key wins, we secured a prestigious export order of approximately INR30 crores for the design, development, and supply of advanced electronic warfare subsystem. Page 2 of 16 Centum Electronics Limited November 05, 2026 The technology being developed leverages the latest technologies, creating a meaningful platform for follow-on opportunities. We also secured our second order for tactical air navigation systems, valued at approximately INR51 crores. This follows the initial order of approximately INR30 crores and is an important validation of our strategy to increase the contribution of system-level programs. Other major wins during the quarter included satellite payload electronics. Execution on our strategic programs also progressed well. We achieved important design milestones on our radar programs, which represent an important step forward in strengthening our indigenous design and engineering capabilities in advanced systems. During the quarter, Centum's contribution to India's space program also received recognition following the successful GISAT-1A or EOS-05 mission. More than 200 Centum subsystems and modules were aboard the mission, reflecting our longstanding contribution to the country's space capabilities. Overall, the strong order book, improved execution, specific systems wins, and healthy opportunity pipeline reinforce our confidence in the BTS growth outlook. Turning now to EMS, the business also delivered strong performance, growing 41% year-on-year and approximately 42% sequentially. For the first half, revenue increased by 32% year-on-year. The EMS order book grew by 30% year-on-year, supported by healthy demand, improving delivery execution, and the ramp-up of new customer programs. In semiconductor equipment, we continue to see strong traction, with deliveries ramping up and demand increasing across both existing and new products. This is a strong validation of our manufacturing quality, execution capability, and competitiveness against established global EMS companies in a technically demanding supply chain. We also secured three new marquee customer wins across defense, transportation, and industrial segments. These wins broaden our customer base and reduce dependence on any single end market. A major focus for us in the next quarters is the prototyping qualification of these new product wins. Our teams are working with customers to complete the engineering validation, industrialization, qualification, and initial production builds. This will position us for the sustained growth over the coming years. We continue to see attractive opportunities in the industrial, automotive, and medical, particularly as global customers pursue localization in India and diversify their supply chains. We are also advancing our design-led manufacturing strategy with some of our strategic customers. Supply chain, however, remains the principal near-term bottleneck. Shortages in selected memories, controllers, MLCCs, and PCBs are extending lead times and increasing component prices, inventory requirements, and working capital. We are working closely with supply partners, component manufacturers, and customers to mitigate these impacts. Page 3 of 16 Centum Electronics Limited November 05, 2026 During the quarter, we also received the CII National Energy Management Award for 2026 for the second consecutive year. This also reinforces our commitment to our ESG and continuous improvement programs. To summarize, we delivered strong first-half performance with robust growth across BTS and EMS, a large order book, important systems and customer wins, and increasing deliveries across key programs. As we move into the second half, our priorities are clear, is execute the existing order book, secure material availability, convert the opportunity pipeline, complete prototype and qualification milestones, [Showing first 8,000 characters — download PDF for full document]