Investor Presentation on financial results of the Company for the quarter ended June 30, 2026

August 12, 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 – 400 051 BSE Scrip Code: 544454 NSE Scrip Symbol: INDIQUBE Subject: Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Presentation on the Financial Results This is with reference to our intimation dated August 05, 2026, regarding intimation of Investors/ Analysts call of Indiqube Spaces Limited (the “Company”) scheduled to be held on Thursday, August 13, 2026, at 2:00 pm (IST). In this regard, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed presentation to be made to Analysts/ Investors on Thursday, August 13, 2026, at 02:00 PM (IST) on the financial results for the quarter ended on June 30, 2026. This information is also published on the website of the Company at: https://indiqube.com/ Kindly take the same on your record. Thanking You. For Indiqube Spaces Limited Bhasker Dubey (Company Secretary & Compliance Officer) Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) nfo@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 ©2026 INDIQUBE SPACES LIMITED IndiQube’s Growth Journey 2 | ©2026 INDIQUBE SPACES LIMITED ©2026 INDIQUBE SPACES LIMITED We Are India’s Integrated Managed Spaces Platform! ©2026 INDIQUBE SPACES LIMITED Reflections from Leadership Q1 FY27 marks a very strong start to the year, with IndiQube delivering its highest ever quarterly revenue of ₹428 crore, reflecting 37% YoY growth. What is equally encouraging is the quality of this growth, with profitability strengthening across every key metric. EBITDA increased 34% to ₹87 crore, EBIT grew 59% to ₹55 crore, and PAT grew 91% to ₹35 crore. EBITDA margins remained healthy at 20%, while EBIT and PAT margins improved to 13% and 8% respectively, demonstrating the operating leverage inherent in our platform as we continue to scale. With this momentum, we remain focused on maintaining a healthy balance of scale, profitability & capital efficiency. -Rishi Das, Cofounder & CEO Our operating performance in Q1 FY27 reflects the increasing depth and efficiency of the IndiQube platform. Steady state occupancy strengthened to 90% and overall occupancy improved to 86%, underscoring healthy customer demand and improved utilization across the portfolio. Value Added Services also continued to scale rapidly, with VAS revenue reaching ₹72 crore and its contribution to operating revenue increasing from 11% to 17%. The combination of a growing physical network, improving occupancy and a richer services mix gives us confidence in the operating trajectory of the business, and we remain optimistic about sustaining this momentum. -Meghna Agarwal, Cofounder 5 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED ©2026 INDIQUBE SPACES LIMITED Highest Quarterly Revenue, Strong Growth in Profitability Q1 FY27 Revenue EBITDA EBIT PAT ₹428 Crores ₹87 Crores ₹55 Crores ₹35 Crores ▲ 37% | ₹313 Cr in Q1 FY26 ▲ 34% | ₹65 Cr in Q1 FY26 ▲ 59% | ₹34 Cr in Q1 FY26 ▲ 91% | ₹19 Cr in Q1 FY26 EBITDA Margin PAT Margin EBIT Margin 20% 8% Vs 21% in Q1 FY26 Vs 6% in Q1 FY26 Vs 11% in Q1 FY26 7 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED Key Financial Indicators Net Worth (₹ Cr) Net Debt (₹ Cr) EPS (Annualized) PARTICULARS Q3 QFY1 2FY526 Q3Q F1Y F2Y627 Gross Debt 377 278 1300 9 1194 Bank Balances 0 325 Other than Cash & Cash Equivalent 1100 Cash & Cash Equivalents 0 18 900 Net Debt (A)* 377 (66) Net Worth (B) 395 1194 4.1 5 Debt–to-Equity Ratio = A / B 0.95 0.05 Debt-to-Equity Ratio 0.95 -100 Q1 FY26 Q1 FY27 0.05 -300 -1 Q1 FY26 Q1 FY27 8 | IGAAP Equivalent | Net Debt : (Gross Debt – Bank Balances other than Cash & Cash Equivalents – Cash & Cash Equivalents) ©2026 INDIQUBE SPACES LIMITED Profit & Loss Statement ₹ Cr PARTICULARS Q1 FY27 Q4 FY26 Q1 FY26 Revenue 428 407 313 Recurring Revenue 395 372 307 One Time Revenue 33 35 7 Expenses 342 327 248 Purchase of Traded Goods 27 26 10 Employee Benefit Expense 24 24 20 Other expenses 291 276 218 EBITDA 87 80 65 EBITDA Margin % 20% 20% 21% Less : Finance Cost 11 9 10 Less: Depreciation & Amortization 40 41 30 Add: Other Income 8 8 0 Profit Before Tax 43 38 25 PBT Margin % 10% 9% 8% Less: Tax Expenses 8 9 6 PAT 35 30 18.5 PAT Margin % 8% 7% 6% 9 | IGAAP Equivalent ©2026 INDIQUBE SPACES LIMITED Reconciliation of IGAAP Equivalent & Ind AS ₹ Cr Q1 FY27 Q4 FY26 Q1 FY26 PARTICULARS IGAAP IGAAP IGAAP Ind AS Ind AS Adj. Ind AS Ind AS Adj. Ind AS Ind AS Adj. Eq. Eq. Eq. Revenue from operations 423 (6) 428 401 (5) 407 309 (4) 313 Other income 26 18 8 24 16 8 15 15 0 Total Income 449 13 436 426 11 415 324 11 313 Purchases of traded goods 27 0 27 26 0 26 10 0 10 Employee benefit expense 24 0 24 24 0 24 20 0 20 Finance costs 127 116 11 119 111 9 110 100 10 - Interest on borrowings 11 0 11 9 0 9 10 0 10 - Interest on lease liabilities 116 116 0 111 111 0 100 100 0 Depreciation & Amortization expense 188 148 40 177 136 41 143 113 30 - Property, Plant, Equipment & 40 0 40 41 0 41 30 0 30 Intangible Asset - ROU (Right-of-use Assets) 148 148 0 136 136 0 113 113 0 Other expenses 113 178 291 103 (173) 276 91 (127) 218 Total expenses 479 86 393 450 73 376 374 86 289 Profit / (loss) before tax (30) (74) 43 (24) (62) 38 (50) (74) 25 Tax expense (7) (15) 8 (1) (10) 9 (13) (19) 6 Profit / (loss) after tax (24) (59) 35 (23) (52) 30 (37) (55) 19 10 | In addition to our financial results prepared in accordance with Ind AS, we have provided IGAAP-equivalent (IGAAP Eq.) results, which exclude the impact of key Ind AS adjustments (Ind AS Adj.). We believe this supplementary financial information offers investors a clearer view of our underlying business performance, enabling a better understanding of our historical results. It also provides greater transparency into the key metrics that our management relies on for strategic, financial, and operational decision-making. By presenting these IGAAP-equivalent results, we aim to equip investors with an additional, consistent benchmark for evaluating our performance over multiple period ©2026 INDIQUBE SPACES LIMITED Reconciliation of IGAAP Equivalent & Ind AS ₹ Cr Q1 FY27 Q4 FY26 Q1 FY26 PARTICULARS IGAAP IGAAP IIGGAAAAPP Ind AS Ind AS Adj. Ind AS Ind AS Adj. Ind AS Ind AS Adj. Eq. Eq. Eq. Revenue from operations 423 (6) 428 401 (5) 407 309 (4) 313 Other income 26 18 8 24 16 8 15 15 0 Total Income (A) 449 13 436 426 11 415 324 11 313 Purchases of traded goods (B) 27 0 27 26 0 26 10 0 10 Employee benefit expense (C) 24 0 24 24 0 24 20 0 20 Depreciation & Amortization expense (D) 188 148 40 177 136 41 143 113 30 - Property, Plant, Equipment & 40 0 40 41 0 41 30 0 30 Intangible Asset - ROU (Right-of-use Assets) 148 148 0 136 136 0 113 113 0 Other expenses (E) 113 178 291 103 (173) 276 91 (127) 218 Total expenses 479 86 393 450 73 376 374 86 289 EBIT (A – B – C – D – E) 96 41 55 95 48 47 60 26 34 RECONCILIATION SUMMARY Q1 FY27 Q4 FY26 Q1 FY26 EBIT (Ind AS) 97 95 60 Add: Depreciation on ROU* 148 136 113 Less: Other Income* 13 11 11 Less: Other Expenses ** 178 173 127 EBIT (IGAAP Equivalent) 55 47 34 11 | *Depreciation on ROU and Other Income are Ind AS related non-cash and notional items | **Other Expenses are cash based and mainly rental expenses paid to landlords. ©2026 INDIQUBE SPACES LIMITED Cash EBIT & Adjusted Cash EBIT ₹ Cr PARTICULARS Q1 FY27 Q4 FY26 Q1 FY26 Revenue from operations 423 401 309 Less : Purchases of traded goods 27 26 10 Less : Employee benefits expense 24 24 20 Less : Other expenses 113 103 91 Expenses 165 153 121 Less : Payment of lease li [Showing first 8,000 characters — download PDF for full document]