Analysts/Institutional Investor Meet/Con. Call Updates

REF: SECT/08/2026/12 DATE: AUGUST 11, 2026 To, To, The Managing Director The General Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, P.J. Towers, Bandra Kurla Complex, Dalal Street, Bandra – East, Mumbai – 400 051 Mumbai - 400001 NSE Symbol – RSYSTEMS BSE Scrip Code – 532735; 977286 Dear Sir/ Madam, SUB: SUBMISSION OF TRANSCRIPT OF THE INVESTORS/ ANALYSTS CALL FOR THE QUARTER AND SIX MONTHS ENDED JUNE 30, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Investors/ Analysts Call held on Wednesday, August 5, 2026, in relation to the financial results of the Company for the quarter and six months ended June 30, 2026. Further, please note that the transcript of the aforesaid Investors/ Analysts Call is also being made available on the website of the Company at the following link: https://www.rsystems.com/investors-analysts-call/ This is for your information and records. Thanking you, Yours faithfully, For R Systems International Limited Piyush Jain Company Secretary & Compliance Officer R SYSTEMS INTERNATIONAL LIMITED Corporate Office Contact details Registered Office 3rd Floor, Tower No. 1, IT/ITES SEZ of Artha Infratech Pvt. Ltd. +91-120-4303500 GF-1-A, 6, Devika Tower Nehru Plot No. 21, Sector TechZone-IV, Greater Noida West rsil@rsystems.com Place New Delhi 110019, India Gautam Buddha Nagar, Uttar Pradesh, 201306, India www.rsystems.com CIN: L74899DL1993PLC053579 “R Systems International Limited Q2 & H1 2026 Earnings Conference Call” August 05, 2026 MANAGEMENT: MR. NITESH BANSAL – MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER MR. NAND SARDANA – CHIEF FINANCIAL OFFICER MR. TARUN KOTHARI – ASSISTANT VICE PRESIDENT (FINANCE AND ACCOUNTS) Notes: 1. Please note that no unpublished price sensitive information was shared/ discussed during or in pursuance to this Earnings Call. 2. This transcript has been edited for readability purpose and may contain errors. The Company takes no responsibility of such errors, although an effort has been made to ensure high level of accuracy. Page 1 of 18 R Systems International Limited August 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to the R Systems Q2 & H1 2026 Earnings Conference Call. As a reminder, all participant lines will remain 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 the operator by pressing ‘*’ then ‘0’ on your touchtone telephone. Please note that this conference is being recorded. I will now hand the conference over to Mr. Tarun Kothari – AVP (Finance & Accounts), for opening remarks. Thank you and over to you. Tarun Kothari: Thank you, Ryan. I welcome all participants to R Systems Q2 & H1 2026 Earnings Conference Call. Since R Systems follows calendar year as its financial year, April to June quarter is Quarter 2 for us. We have today with us Nitesh Bansal – Managing Director and CEO of R Systems and Nand Sardana, CFO of R Systems. We shared the Investor Presentation late evening yesterday as well as uploaded on Company and Stock Exchanges’ websites. Hope all of you have received that. We will start the call with opening remarks on the performance of the company by Nitesh, followed by financial overview by Nand. Thereafter, we will have a closer statement by Nitesh. Subsequently, we will open up for a Q&A session. Before I hand over, let me read out the customary disclaimer statement on behalf of the Company: Investors are cautioned that this presentation contains certain forward-looking statements that involve risk and uncertainties. Company undertakes no obligation publicly to update or revise any such statement. These statements may undertake revision because of new information, future events, or otherwise. Actual results, performance, and achievement could differ from those expressed or implied in such forward-looking statements. Now, I am handing over to Nitesh for his opening comments. Over to you, sir. Nitesh Bansal: Thank you, Tarun. And good morning and thank you everyone for joining our Q2 Earnings Call. And very proud to start with saying that this has been one of our strongest quarters with our revenues crossing Rs. 600 crores with a strong margin in EBITDA. Page 2 of 18 R Systems International Limited August 05, 2026 Just to let everyone know, for those of you who are referring to the slides, I will refer to the slide numbers, but if you are not, as I walk through the numbers and commentary, I am sure you will be able to follow. So, like I said, referring to Slide no. 4, it has been a strong quarter with Rs. 601.7 crores or $ 63.6 million in revenue, which is a 17.7% year-on-year growth in dollar terms and 30.2% in rupees, which shows a quarter-on-quarter growth of 1.2% in dollar terms and 4.7% in rupees. This also brings us to a record Rs. 120.7 crores in adjusted EBITDA, which is $12.8 million or a 20.1% as EBITDA percentage. This is a 51.4% year-over-year growth or 4.4% quarter-over- quarter growth. The adjusted net profit stood at Rs. 62.9 crores or $6.6 million, which is 10.5% of revenues, a year-over-year growth of 35.4%. The adjusted EPS stood at Rs. 5.3, which is again a year-over- year growth of 35.3%. As we have stated in the past as well, the adjustment to EBITDA is with respect to RSU expenses as part of non-recurring costs. We have given the adjusted EBITDA bridge just to explain the causes of increase and while there are certain numbers that probably do not come out in this, we have definitely benefited from rupee depreciation, which has given us a boost. As we have stated in the past, we continue to invest both in AI, AI-related sales and increase in sales and marketing. But overall within this, what is also hidden is an uptick in both revenue and margin, which comes because of the revenue mix change, the whole AI-compounded growth story, which is beginning to kick in and starting to show green shoots of better revenue per employee and a margin per employee story. Moving on to the next slide, because this is also our Q2 and H1 closing, looking at a half-year over half-year performance, we closed at a revenue of Rs. 1,176.5 crores or $126.4 million for H1, which is a 30.1% increase year-over-year and an adjusted EBITDA number of Rs. 236.4 crores or $25.4 million at 20.1% of EBITDA percentage, resulting in a 51% growth year-over- year. The adjusted net profit correspondingly was at Rs. 138.7 crores or $14.9 million or 11.8%, a year-over-year increase of 54.4% and EPS of Rs. 11.7, which is a corresponding increase of 54.3%. As the number shows, we have gone in revenue from Rs. 904 crores in H1 '25 to Rs. 1,176.5 crores with 20.1% EBITDA margins. Moving on, looking at Slide no. 6, the margin and EPS analysis, just to make the comparison side-by-side. This is a quarter-on-quarter number. We closed the quarter at Rs. 601.7 crores compared to the same quarter last year of Rs. 462 crores, which is a 30.2% increase in revenue. The corresponding number for Q1 was Rs. 574.8 crores, which is a 4.7% increase quarter-over- quarter. Page 3 of 18 R Systems International Limited August 05, 2026 The corresponding EBITDA stands at Rs. 120.7 crores, which compares to Rs. 79.7 crores in the same quarter last year, which is a 51.4% increase in adjusted EBITDA, compared to Rs. 115.7 crores in previous quarter, which is a 4.4% increase in adjusted EBITDA. So, from a percentage basis, we have gone from 17.3% to 20.1%, which is a 281 basis points increase or a 6 basis points increase on a quarter-on-quarter basis. The adjusted net profits stood at Rs. 62.9 crores compared to Rs. 46.4 crores in the same quarter last year, or a 35.4% increase compared to Rs. 75.8 crores in Q1, which is a decrease of 17.1%, if you refer to the notes below. This is largely due to a one-time benefit of currency hedging policy chang [Showing first 8,000 characters — download PDF for full document]