Transcript of the earning call held on August 07, 2026 in respect of the financial results for the quarter ended June 30, 2026

August 13, 2026 Corporate Relationship Department Listing Compliance Department To, To, BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street Exchange Plaza, 5 Floor Plot No. C-1, Mumbai — 400 001 G-Block, Bandra-Kurla Complex, S c r i p C o d e : 5 3 2 8 7 5 BScarnidpr Say (mEabsotl):, AMDuSmLb ai- 400 051 Su b: Transcript of Earnings Conference Call pertaining to Financial Results for the quarter ended June 30, 2026 Dear Sir / Madam, In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting the Transcripts of Earnings Conference Call held on Friday, August 07, 2026, in respect of the financial results for the quarter ended June 30, 2026. The same can also be viewed at https://www.allieddigital.net/in/earning-conference-call This is for your information and records. Thanking you, Yours faithfully, For Allied Digital Services Limited Khyati Shah Company Secretary E ncl: as above Allied Digital Services Limited Q1 FY27 Earnings Conference Call August 07, 2026 Call Duration • 31 minutes and 05 seconds • Mr. Nitin D Shah, Founder, Chairman & Managing Director • Mr. Nehal Shah, Joint Managing Director Management Attendees • Mr. Paresh Shah, Chief Innovation Officer • Mr. Gopal Tiwari, Chief Financial Officer Participants during Q&A • Vishal Pandya – Individual Investor session • Shreya Mehra – Choice Equities Moderator: Ladies and gentlemen, good day, and welcome to Allied Digital Services Limited's Q1 FY27 Earnings Conference Call. 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 touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Mayank Vaswani from CDR India. Thank you and over to you, Mayank. Mayank Vaswani: Thank you, Rayo. Good afternoon, everyone and thank you for joining us on Allied Digital Services Limited's Earnings Call for the First Quarter of Financial Year 2026-27. We have with us on the call today, Mr. Nitin Shah, Founder and CMD; Mr. Nehal Shah, Joint Managing Director; Mr. Paresh Shah, Chief Innovation Officer and Mr. Gopal Tiwari, Chief Financial Officer. We will begin with comments from Mr. Nehal Shah, who will cover recent developments across the business. Mr. Paresh Shah, who was CEO for the quarter under review, will discuss the operational performance and order wins, followed by Mr. Gopal Tiwari, who will walk us through the financial highlights. Thereafter, we will open the call for the Q&A session. Before we begin, I would like to point out that some of the statements made in today's call may be forward-looking in nature, and a disclaimer to this effect has been included in the earnings documents that have been shared with all of you earlier. I would now like to hand over the call to Mr. Nehal Shah, for his opening remarks. Over to you, Nehal. Nehal Shah: Thank you, Mayank. Good afternoon, everyone, and thank you for joining us for Allied Digital Services Earnings Call for the First Quarter of FY27. I hope all of you had an opportunity to review our financial results and investor presentation that we have shared earlier. I will start with some recent developments. Last month, we announced augmentation of our senior leadership team, reflecting the company's evolution as we prepare for the next phase of growth. In the new role, I have been entrusted with the responsibility of Joint Managing Director. Paresh Shah has transitioned into a newly created role of Chief Innovation Officer to lead our AI and technology transformation agenda. And we are delighted to welcome Arun Pathak as CEO of Cloud Infrastructure Services for India and Middle East. Q1 FY2027 Earnings Call Transcript Page 2 of 11 Together, these changes are designed to sharpen execution, deepen customer engagement and strengthen our ability to capitalize on the significant opportunities emerging across AI, cloud, cybersecurity and managed services. The first quarter marks an important milestone in Allied Digital's journey. On a trailing 12-month basis, our revenues have crossed Rs. 1,000 crore mark, an aspiration we had set ourselves nearly 3 years ago. Achieving this milestone reflects the steady evolution of our business. And while we take satisfaction in reaching it, our focus is already on building the next phase of sustainable growth. Now coming to the quarter 1 numbers, we are pleased to report another quarter of resilient performance with revenues of Rs. 260 crore in quarter 1 FY27, representing growth of 19% year-on-year. EBITDA increased by 18%, while PBT, that is profit before tax grew by 19% to Rs. 17 crore. These results reflect disciplined execution, healthy customer engagement and the continued strength of our diversified business model. The global economic environment continues to evolve rapidly, while macroeconomic and geopolitical uncertainties have made customers more measured in their spending decisions. Investments in AI, Cloud, Cybersecurity and Digital Infrastructure remain strategic priorities. Procurement cycles have become longer and more rigorous with greater emphasis on governance, business outcomes and return on investment. However, we see this as a shift in the timing of decisions rather than underlying demand. Our opportunity pipeline remains healthy. Customer engagement is robust, and we are increasingly participating in larger and more strategic transformation programs, including opportunities beyond our traditional partner ecosystem. These trends play directly to Allied Digital's strength. Our integrated capabilities across managed services, cloud, cybersecurity, digital infrastructure and AI-enabled operations position us well to support customers through their end-to-end transformation journey. Whether it is enterprises accelerating automation and cloud adoption or governments investing in smarter and more connected infrastructure, we believe our addressable opportunity continues to expand. Accordingly, our priorities for FY27 remain clear. Alongside pursuing growth opportunities, we are also strengthening the foundations required for our next phase of expansion by growing a sales engine, refreshing our delivery organization, deepening customer relationships and embedding AI across our service portfolio. These initiatives are aimed to improve execution at scale, increasing our share of direct customer engagement, enhancing long-term competitiveness. Q1 FY2027 Earnings Call Transcript Page 3 of 11 Another important milestone this quarter is the completion of our governance transformation. For the first time since the comprehensive review commenced, the audit report carries no qualifications or observations. This reflects the successful resolution of all matters identified in earlier periods and reinforces the significant progress we have made in strengthening our governance standards, financial reporting framework and internal controls. As we augment our leadership team and continue to build a stronger institutional foundation, we believe Allied Digital is entering the next phase from a position of greater strength than ever before. While the near-term environment may remain dynamic, the long-term demand drivers for our industry remain compelling, and we remain focused on executing consistently, expanding our enterprise presence and creating sustainable long-term value for our stakeholders. With that, I will now hand over the call to Mr. Paresh Shah, our Chief Innovation Officer, who will take you through the operational developments, key order wins and strategic initiatives during the quarter. Over to you, Paresh. Paresh Shah: Thank you, Nehal. Before I speak about the progress we made during the quarter, I would like to take a moment to acknowledge my tr [Showing first 8,000 characters — download PDF for full document]