Analysts/Institutional Investor Meet/Con. Call Updates

SEDEMAC Innovative Controls November 11, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Corporate Relations Department, Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip code: 544723 NSE Symbol: SEDEMAC Dear Sir/Madam, Sub: Transcript of the earnings conference call on Unaudited Financial Results for the quarter and half year ended September 30, 2026 Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please find enclosed herewith the transcript of the conference call held on November 03, 2026, to discuss the Unaudited Financial Results for the quarter and half year ended September 30, 2026, conducted after the meeting of the Board of Directors held on November 03, 2026. This intimation will also be uploaded on the Company’s website at https://www.sedemac.com. You are requested to kindly take note of the same. Thanking you, For SEDEMAC Mechatronics Limited Prasad Rajendra Chavan Company Secretary and Compliance Officer Membership No.: A49921 Encl: As above SEDEMAC Mechatronics Limited Registered Office, Technical Center & Corporate Office: Survey No. 270/1/A/2, Pallod Farms, Baner Road, Baner, Baner Gaon, Haveli, Pune - 411045, Maharashtra, India. Tel: +91 20 6715 7200 Mfg. Facility I: G-1, MIDC, Phase- III, Chakan Industrial Area, Nighoje, Pune 410501, MH, India. Tel: +91 2135 623 200 Mfg. Facility II: Survey No.64/5, Bhide Baug Industrial Estate, Wadgaon Budruk, Pune 411041, MH, India. Tel: +91 20 6750 2200 e-mail: cs@sedemac.com Website: www.sedemac.com CIN: L29253PN2007PLC246956 SEDEMAC Mechatronics Limited Q2 FY27 & H1 FY27, Investor Earnings Call November 03, 2026 MANAGEMENT: Prof. Shashikanth Suryanarayanan - Managing Director Mr. Amit Arun Dixit - Joint Managing Director Mr. Rajesh Sheth - Chief Financial Officer INVESTOR RELATIONS: Mr. Don Devprakash - Head, Investor Relations SEDEMAC Q2FY27/H1FY27, Investor/Analyst Earnings Call (via MS Teams) 3 November 2026, 17:00 IST. Meeting Recording. 0:0:7.538 --> 0:0:26.338, Don Devprakash Hello All. Good afternoon and good evening wherever you are, in different parts of the world. We have Amit, the Joint Managing Director, and Mr Shashikanth, the Manging Director on the call today. Amit will be leading the call today, and Mr Shashikanth will come in during the Q&A session. Over to you, Amit. 0:0:30.858 --> 0:0:34.738, Amit Dixit Yeah, thanks, Don. Can you confirm that you can see my slides? 0:0:36.498 --> 0:0:37.218, Don Devprakash Yes, Amit. 0:0:37.978 --> 0:0:40.418, Amit Dixit Okay, good evening, everybody. So, I'll start with the slides. First, the usual disclaimer. There will be forward-looking statements. There may be forward-looking statements in the call, which are based on our belief today, and the actual results might be different. So, for those who are new to the company, we design and supply critical control intensive electronic control units, that is ECUs. So, our main products are ECUs. Many of the ECUs that we sell have some unique technologies, novel technologies that we have built in-house. So, the entire product development, technology development, as well as manufacturing, is all done in-house. We don't have any technical collaboration. And our customers are OEMs of vehicles or industrial equipment in India, US, and Europe. In the chart, you see the number of control intensive ECUs that we have sold over the past 12 months, trailing 12 months, ending at Q2 FY27 and for the three previous periods. We publish this information of the number of control intensive ECUs sold every quarter. So, at the start of the next quarter, towards the early start of next quarter, we publish this information. And since today, you know, pretty much all our revenue comes from the sale of ECUs. This number has a fairly strong correlation with our revenue. You know, those who have followed us for some time would be aware of this. So, if you look at the numbers for TTM Q2 FY27, we have sold nearly 4.6 million of this control intensive ECUs, and you know, of course, apart from this, we also sell other types of ECUs as well. This 4.6 million number, is 44% growth on a year-on-year basis. Okay, so with respect to this 3.2 million. So, it's a fairly strong growth. Coming to the Q2 and H1 numbers, from FY25 to FY26, we had very strong growth, about 60% revenue growth, and the growth has continued in FY27 as well, on the back of, you know, already what was a very strong growth. Both Q2 and H1 have been the highest ever for us. In both cases, 40% plus revenue growth is seen. In terms of percentage, EBITDA, there has been a bit of a dip. And the main reason for this is the raw material cost increase. As we would all know, we are in the middle of a, you know, sort of a high inflation of pretty much all commodities. For some commodities, it's effectively a hyperinflation sort of a stage. That is the primary reason for the dip in the EBITDA percentage. In fact, because of the strong revenue growth, we have had operating leverage kick in, which has offset some part of the raw material increase. Okay, and on the PAT, there is some unevenness, mainly because this financial year we have moved to the new tax regime, compared to the old tax regime that we had in the previous financial year. Now coming to the TTM numbers, for the last four years, so this gives a sort of a filtered view which takes out the sort of seasonal fluctuations and gives a sort of a longer view, longer term view. Our three-year strong revenue growth CAGR, has continued, so about 38% three-year CAGR and about 48% year on year. So, you can, see this 48% correlates with the 44% rise in the number of control intensive ECUs. So, we have a very strong CAGR on the revenue growth, three-year CAGR and even higher in the profitability matrix, obviously on account of the operating leverage. On the ROCE, there is a bit of a dip, and it is mainly happening because we are investing aggressively for the last few quarters on increasing our manufacturing infrastructure. So, we are investing in two new plants, and those plants are yet to become operational. So naturally, there is a dip in ROCE, but still, it's quite a healthy number. So today we continue to have a very strong combination of high revenue growth, very healthy profitability, and a very strong capital efficiency. Now coming to business updates for our current markets, on the mobility side. So, these are the updates from H1 FY27. On the mobility side, our ISG ECU for export ICE 3 wheelers have fully ramped up. This was launched in the last financial year. Now it has fully ramped up. So now there is widespread penetration of our ISG ECU in both domestic, as well as export ICE three-wheelers. Our electric two-wheeler MCU, which was also launched in FY26, has also fully ramped up. And as we will see later in the slides, the percentage revenue from EV is in keeping with the E2/3 wheeler penetration for us. Our ISG+EFI ECUs are also seeing a solid ramp up. Within 2 years of the first introduction, we have shipped more than 1 million in quantity. This is going to be a key product for us going ahead, since it creates the case for ISG adoption a lot more compelling. We had mentioned at the start of the year that we are expecting the introduction of our ISG on 3 top 10 motorcycle models, and two of them have already happened and are also fully ramped up. And one of these two models is expected to shift to ISG+EFI in the coming financial year, FY28. So, this is another example of value proposition of ISG+EFI, where we are able to get more business, in this case, the EFI portion of it, on account of having a strong product and a strong competitive position. We have also had a business win for the ISG ECU and the Electric Motor, that is the Magneto Kit from a European 2/3-wheeler OEM. And the start of production [Showing first 8,000 characters — download PDF for full document]