Analysts/Institutional Investor Meet/Con. Call Updates

VARROC/SE/INT/2026-27/31 June 22, 2026 The Manager- Listing The Manager – Listing The Listing Department, The Corporate Relation Department, National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai-400001. Bandra (East), Mumbai-400051 BSE Security Code: 541578 NSE Symbol: VARROC Sub.: Investor Presentation - Conference / Meeting/ Call with Analyst/ Institutional Investor(s) scheduled on June 22, 2026 Dear Sir/ Madam, With reference to our intimation dated June 17, 2026, please find enclosed a copy of Investor Presentation to be made at the Conference / Meeting / Call with Analyst / Institutional Investor(s) scheduled to be held on June 22, 2026, with Investec Capital. We request you to take this on record, and to treat the same as compliance with the applicable provisions of the Listing Regulations. The aforesaid information is also being placed on the website of the Company at www.varroc.com. Yours faithfully, For Varroc Engineering Limited Anil Ghatiya Company Secretary & Compliance Officer Presentation to Investors 22nd June 2026 Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events and involves known and unknown risks, uncertainties and other factors. The Company cannot guarantee that these assumptions and expectations are accurate or exhaustive or will be realised. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. No obligation is assumed by the Company to update the forward-looking statements contained herein. The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this document or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. The information and opinions contained in this presentation are current, and if not stated otherwise, as of the date of this presentation. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. The Company undertake no obligation to update or revise any information or the opinions expressed in this presentation as a result of new information, future events or otherwise. Any opinions or information expressed in this presentation are subject to change without notice. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Varroc Engineering Limited (the “Company”), nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or to be relied in connection with an investment decision in relation to the securities of the Company therefore any person/ party intending to provide finance / invest in the shares/businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision. Neither the delivery of this document nor any further discussions by the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date. This presentation is strictly confidential, unless distributed via a public forum, and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. By participating in this presentation or by accepting any copy of the slides presented, you agree to be bound by the foregoing limitations. Update on Financial Performance 22nd June 2026 Financials performance of Varroc Group ₹ in Millions Revenue Gross Profit EBITDA PBT before exceptional 8,364 88,905 31,889 7,767 81,541 29,449 7,590 28,186 3,814 75,519 68,912 24,607 5,966 3,129 58,658 20,164 2,705 3,892 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 -296 Gross Margin % EBITDA % PBT % 37.3% 10.1% 35.7% 36.1% 35.9% 9.5% 9.4% 34.4% 8.7% 4.3% 3.8% 3.6% 6.6% 1.1% FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 -0.5% Steady improvement in the absolute value of all the parameter of profit & loss in last 4 years. Operating leverage helping to improve the profitability with ~ 10% CAGR revenue growth Financials performance of Varroc Group Net Debt/EBITDA Interest Servicing Ratio 3.76 2.14 2.66 2.18 1.29 0.96 1.37 0.59 FY 2023 FY 2024 FY 2025 FY 2026 Strengthening the balance sheet FY 2023 FY 2024 FY 2025 FY 2026 over last few years and thus debt servicing ability improving along with the return ratio Net Debt Equity Ratio 1.27 ROCE 24.4% 20.8% 20.3% 0.64 12.0% 0.47 0.27 FY 2023 FY 2024 FY 2025 FY 2026 FY 2023 FY 2024 FY 2025 FY 2026 Reduction in Net Debt (Consol.) 10000 9,160 e 8,273 t 7,860 a 8000 7,480 6000 4,952 4,478 4,405 3,800 4000 e 2000 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Mar'26 31st Mar 2024 30th Jun 2024 30th Sep 2024 31st Dec 2024 31st Mar 2025 30th Jun 2025 30th Sep 2025 31st Dec 2025 31st Mar 2026 Net Debt 9,828 9,160 8,273 7,860 7,480 4,478 3,800 4,405 4,952 Equity 15,262 15,518 16,400 15,826 15,979 16,624 17,218 17,235 18,182 Annualised Adjusted 7,590 6,896 7,467 7,493 7,767 7,675 8,072 8,485 9,219 EBITDA Net Debt/Equity 0.64 0.59 0.5 0.5 0.5 0.3 0.22 0.26 0.27 Net Debt/EBITDA 1.29 1.33 1.11 1.05 0.96 0.58 0.47 0.52 0.54 Volume growth on top of inflation recovery to pave way for profitable growth Revenue Debt reduction, less capital-intensive Growth investments and prudent capital deployment in organic + inorganic growth opportunities to ensure compounding of value Sustainable improvement in contribution Prudent CM margins through economies of scale, Redeployment Improvement revenue management and cost Compounding efficiencies to magnify the benefit of Machine of revenue growth and make the business Value more robust Efficient conversion of growth in profits into growth in FCF to improve intrinsic value of G [Showing first 8,000 characters — download PDF for full document]