Analysts/Institutional Investor Meet/Con. Call Updates

Email: investor.relations@tracxn.com Ph: +91 90360 90116 Website: www.tracxn.com August 06, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 543638 Scrip Code: TRACXN Sub: Transcript of the Investor/Analyst Earnings Call held on Wednesday, August 5, 2026 Dear Sir/Madam, This is in continuation to our letter dated August 05, 2026 wherein we had informed regarding the video link of the earnings call with analysts/investors for the quarter ended June 30, 2026. In this regard, please find enclosed herewith the transcript of the said call. The transcript is also available on the Company’s website i.e. https://cdn.tracxn.com/investor-relations/financials/_Earnings_Call_Transcript_- _Q1_FY27_hrJJs_EqB6P92ctx5t3Bb Kindly take the above said information on record. Thanking You. Yours faithfully, For Tracxn Technologies Limited Megha Tibrewal Company Secretary and Compliance Officer Membership No: A39158 Encl. A/a TRACXN TECHNOLOGIES LIMITED | CIN: L72200KA2012PLC065294 Registered Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102 Tracxn Technologies Limited Q1 FY27 - Earnings Conference Call Aug 05th, 2026 Management: Ms. Neha Singh, Chairperson and Managing Director Mr. Abhishek Goyal, Executive Director Mr. Prashant Chandra, Chief Financial Officer Host and Moderator: Mr. Sidharth Agrawal, Systematix Shares and Stocks (India) Ltd Tracxn Technologies Limited – Q1 FY27 Earnings Call Transcript 1 Moderator Good evening, ladies and gentlemen. Thanks for joining us today on the first-quarter FY27 earnings call of Tracxn Technologies Limited. On behalf of Systematix, I would like to thank the management of Tracxn for giving us the opportunity to host this earnings call. Today on the call we have with us Ms. Neha Singh, co-founder, chairperson and managing director; Mr. Abhishek Goyal, co-founder, vice chairman and executive director; and Mr. Prashant Chandra, chief financial officer. I would now like to hand over the call to Neha to give her opening remarks and take us through the PPT, after which we will open it up for Q&A. Please use the raise-hand option to ask a question, or you can submit your questions in the Q&A box at the bottom of your screen. Thanks, and with that, over to you, Neha. Neha Thank you, Sidharth. Hello everyone, and a very warm welcome to all of you joining us today. We’re here to present the results for the first quarter of financial year FY27. We’re very excited to present our results for the quarter. As in previous quarters, the format will be a short presentation covering the key highlights - about 15 to 20 minutes - followed by a Q&A session. A quick recap for those joining us for the first time: Tracxn is a data and software platform for the global private markets. If you look at the parallel public markets, they have created multiple large companies, many of them highly profitable and cash-rich. As private markets become large and important, they will create similar platforms, and we are building a global platform in this space. Our customer base spans venture capital funds, private equity funds, investment banks, and the M&A and innovation teams of large Fortune 500 corporations. It’s a global platform - nearly half of our revenue is international, and we have customers in over 50 countries. I’ll begin by summarising the financial performance for Q1 FY27. Revenue from operations was 21.1 crore for the quarter, a 2.9% increase QoQ. On profitability, EBITDA was negative 4.2 crore and PAT was negative 3 crore. Please note this includes non-cash expenses, primarily ESOP expense - we’ll cover the adjusted figures on a subsequent slide. By segment, India revenue grew 4.4% QoQ to 10.6 crore, while international revenue grew 1.4% QoQ. Customer accounts grew 16% year-on-year to 2,350. Cash and cash equivalents stood at a healthy 88.2 crore. This slide also provides the historical numbers alongside the QoQ figures for reference. Another metric we like to share is what percentage of incremental revenue flows into the bottom line. In Q1 FY27 we did not see margin expansion because we are investing in growth. However, historically, when growth accelerates, margins improve fairly quickly - we have converted as high as 80% of incremental revenue into EBITDA. So once growth re-accelerates, we expect this pattern to repeat, driving non-linear EBITDA expansion. Tracxn Technologies Limited – Q1 FY27 Earnings Call Transcript 2 On expenses, total expense for Q1 FY27 was 25.4 crore, an 18% year-on-year increase. On the right-hand side we’ve given the key components, which are the same as in previous quarters. The bulk of our expense is team cost, about 87% of total expense for the quarter, and it’s worth noting that our entire team is in-house - there is no outsourced or contract workforce. One other point worth highlighting is that we do not have a large paid-marketing line item, neither digital nor offline, of the kind typically required for customer acquisition. Being a data company, we produce a lot of data and content in-house, which generates organic traffic and lets us acquire leads very efficiently without a large marketing spend. Moving to volume growth: both customer accounts and users continue to grow at a healthy pace. We closed June 2026 at 2,350 accounts, a 16% year-on-year increase. The number of users reached 6,534, up 22% year-on-year. So we continue to acquire customers as well as penetrate existing accounts at a good pace. On other financial metrics: free cash flow for the quarter was negative 2.2 crore, and cash and cash equivalents stood at 88.2 crore. Please note this is net of the cash utilised for the buyback, which was completed in Q2 of last year. On deferred revenue, it continued to grow both QoQ and year-on-year, reaching an all-time high of 38.8 crore in Q1 FY27 - a 6% QoQ increase. Moving to more detail on our customer base, starting with the split by type. At the end of the quarter, 50% of accounts were from the investment industry - private-market investors such as VC funds, PE funds, investment banks, family offices and so on. 45% were corporates, primarily corporate development, M&A, innovation, strategy and sales teams, as well as consulting companies. The remainder were others, including educational institutes, government agencies and so on. So we continue to have a healthy spread across the investment ecosystem and corporates. This next slide gives an expanded view of the titles within the investment ecosystem and the corporates we work with. This gives us a fairly large addressable market to tap into. As you can see, we cut across more than a dozen distinct customer segments, which is why we’ve been able to build specialised vertical teams for each - a playbook that’s working well, which we’ll cover in the subsequent slides. In terms of geographical split, 50% of Q1 FY27 revenue was from outside India. Our customers span over 50 countries, and our top five markets by customer accounts are India, US, UK, Singapore and Germany. On India versus international, we saw acceleration in both on a QoQ basis. India revenue grew 4.4% QoQ, annualising to nearly 19% growth - an acceleration over the 14% growth we saw in FY26. International revenue growth turned positive on a QoQ basis. We’ll cover the initiatives driving this in the subsequent slides. A quick word on the broad market environment: total dollars invested are rising. Global tech funding for 2026 is on track to be the highest in the decade, largely driven by mega AI rounds. Deal volume, however, is at a 10-year low, both in India and internationally. Global late-stage funding saw similar continued year-on-year improvement. On global M&A, the rebound is strong - 2026 year-to-date continues with strong momentum. The current run-rate suggests 2026 could [Showing first 8,000 characters — download PDF for full document]