Analysts/Institutional Investor Meet/Con. Call Updates

August 20, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai- 400051 Mumbai- 400 001 NSE Symbol : AXISCADES BSE Scrip code: 532395 Dear Sir/Madam, Sub: Transcript of the Earnings Webinar – Q1 FY27 Further to our intimation dated August 14, 2026, please find enclosed the transcript of the Earnings Webinar – Q1 FY27, which is available on the website of the Company at https://www.axiscades.com/investor-relation/ We request you to kindly take the above on record in compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours truly, For AXISCADES Technologies Limited Sonal Dudani Company Secretary & Compliance Officer Encl: A/a AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies Limited) CIN No.: L72200KA1990PLC084435 Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com AXISCADES Technologies Limited Q1FY27 Earnings Webinar Transcript August 13, 2026 MANAGEMENT: MR. SHASHIDHAR S. K. – GROUP CHIEF FINANCIAL OFFICER MR. MUKUND SANTHANAM – CHIEF STRATEGY & GROWTH OFFICE AND HEAD – INVESTOR RELATIONS MR. KP MOHANAKRISHNAN – DEPUTY CHIEF EXECUTIVE OFFICER & PRESIDENT (AEROSPACE) MR. D. MURALI KRISHNAN – CHIEF OPERATING OFFICER & CHRO MR. SHARADHI BABU – PRESIDENT (DEFENCE) MR. MANIKANDAN C – PRESIDENT (ESAI) MODERATOR: MS. SHANKHINI SAHA – DIRECTOR OF INVESTOR RELATIONS, DICKENSON Safe Harbour and Forward-Looking Statement Certain statements made in this call may be forward-looking in nature. These statements are based on management's current expectations, assumptions and understanding of the business environment and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Investors are requested to refer to the company's filings, investor presentation, press release and disclosures available on the company website and the recognised stock exchange(s). This transcript has been prepared from the recording of the Earnings Webinar. It has been edited only for readability, grammar, formatting and obvious transcription errors. It should be read together with the official audio/video recording of the call. AXISCADES Technologies Limited | Q1FY27 Earnings Webinar Transcript | Page 1 of 21 Shankhini Saha: Good evening, everybody. Welcome to AXISCADES Technologies Limited Q1 FY27 earnings webinar produced by ElevEase. So I'm Shankhini. I'm the director of investor relations at Dickenson and I'll be moderating our call today. So joining us from the AXISCADES management team is the senior management group. I'll hand over to Mukund later to introduce the members who will be on the call today. To all our participants, please note that this conference is being recorded and that some statements in this call may be forward-looking based on current expectations and subject to risk that could cause results to differ materially. You can download the AXISCADES investor deck and press release from the company website or the NSE. I'll now hand over to Mukund. He is the Chief Strategy & Growth Officer and Head of IR from the AXISCADES management team. I'll hand over to him for opening remarks. Over to you, Mukund. Mukund Santhanam: Thank you, Shankhini. Good evening, everyone. Welcome to the AXISCADES Q1 FY27 earnings call. Thank you for joining us today. I hope all of you have the opportunity to review our results which have been filed with the exchanges. I am the Chief Growth and Strategy Officer for AXISCADES and also Head of Investor Relations. On the call today, we have Shashidhar SK, our Group CFO. I also have members of the senior management team across the key business areas, aerospace, defence, electronics, finance, operations and strategy. On behalf of the Chairman and Managing Director, I will begin the call. I will then hand over to Shashi who will take us through the financial performance and the key numbers related to this quarter. I will then call for the business heads to present their respective businesses and will close the formal presentation with the guidance for FY27. We will then open the floor for questions. On behalf of the chairman, I’ll read out the speech. Our Chairman had requested the management team in our last investor call, to take on the role of presenting to investors. So, let me just read the speech of the chairman: Dear shareholders, thank you for continued trust. Since I took on the role in February 2025. Our focus has been constant Sharpen the strategic direction, strengthen the execution, and rebuild the company's position for sustainable, high-quality growth. Six months in, we are firmly on course. Six quarters in, we are firmly on course. A sharper, more focused portfolio. The divestment of the non-core and services business is largely complete, only ADD solutions remain and its exit is under way. Shankhini Saha: Looks like we've lost the line. Just give us a moment. We'll just get the management group back online. Shankhini Saha: Hi, everybody. We're just dealing with a technical problem. Just give us a couple minutes. We'll just get it sorted. Please stay on the line. Thank you. Mukund Santhanam: Can you hear me now? Shankhini Saha: Hi, Mukund. We can hear you loud and clear. So thanks to all our participants for your patience. Mukund, you can go ahead and I think maybe restart with our opening remarks. That would be great. Thanks. Hi, Mukund, are you on mute? Can you go ahead? Mukund Santhanam: Hi, everyone. AXISCADES Technologies Limited | Q1FY27 Earnings Webinar Transcript | Page 2 of 21 Shankhini Saha: Yes, go ahead, Mukund. Mukund Santhanam: Hi, everyone. Just testing. Is it echoing? Shankhini Saha: Yes. Shashidhar SK: Thank you. In the interest of time, should I talk about the financials? And by the time, probably this technical issue would have been addressed. Shankhini Saha: Shashi, you can go ahead. We'll get this sorted. Shashidhar SK: Uh, sorry for that, and good evening again, uh, to everyone for joining, uh, the AXISCADES Ltd Q1 FY27 earnings call. Uh, DR SRN and Mukund, of course, will take you, uh, through, uh, the, the strategy and the, the position with respect to the various verticals, especially with respect to the retained business. And my task is to take you through the numbers what is reported, what sits inside it, and what tells you about the business we are building. So this quarter, uh, we have delivered the highest revenue in the company's history, and we also reported a net loss. This is nothing but the arithmetic of doing two things inside the same quarter divesting one business and building another while the costs overlap. This is the first quarter of that transition, and it is the quarter in which the cost of transition is most visible and the benefit of it is least visible. The consolidated revenues for the quarter was 346 crores, up 42% year on year and 27% sequentially, the highest in the company’s history. Of the 140 crores of revenue that shifted out of FY26 on supply chain and operational grounds, approximately 40% got converted in Q1, and the balance is planned across Q2 and Q3. The Q1 FY27 results and the financial statements, as what you see, is a direct reflection of the treatment of divestment transaction under accounting standard Ind AS 105, where the Engineering Services business being divested to Akkodis is now shown as discontinued operations, splitting the quarter into 163 crores of discontinued operations and 183 crores of retained or continuing, uh, business, with comparative periods of Q4 FY26, Q1 FY26, and the full year FY26 are carved out on a like-for-like basis. So just to talk about the retained business or the continu [Showing first 8,000 characters — download PDF for full document]