Arisinfra Solutions Limited · NSE:ARIS
Arisinfra Solutions — Q2 FY27 Earnings Presentation
29 slides from Arisinfra Solutions's earnings presentation, Nov 3, 2026
Slide 1: Cover letter to stock exchanges: Investor Presentation
CIN: L 51909MH2021 PLC354997 ~ ARIS Tel: 022 69112000 Email: legal@aris.in Web: www.aris.in November 03, 2026 To To The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jee
Slide 2: Earnings Presentation Q2&H1 FY27
EARNINGS PRESENTATION Q2&H1 FY27 Arisinfra Solutions Limited I November 2026
Slide 3: Key Highlights Q2 FY27
KEY HIGHLIGHTS • Q2 FY27 ~ ARIS Highest quarterly PAT and EBITDA margin EBITDA Profit after tax EBITDA margin ~35.6Cr ~22.8Cr 11.6% +58%YoY +50%YoY +220 bpsYoY Net working capital, 30 Sep Operating cash flow, H1 CM + DaaS share of Q2 revenue 54days ~60.1 Cr 66% -36%YoY 1.4x PAT +13 ptsYoY Revenue ~3
Slide 4: Year-on-year growth, quarter and half year
FINANCIAL PERFORMANCE • YEAR ON YEAR ~ ARIS Year-on-year growth, quarter and half year Revenue EBITDA margin Profit after tax CM + DaaS share ~ Cr % ~ Cr of reven ue, % Q2 +28% +220 bps +50% +13 pts vs Q2 FY26 307.7 11.6% 22.8 66% 241.2 9.3% 15.3 53% H1 +32% +210 bps +110% +13 pts vs H1 FY26 598.5 1
Slide 5: Progress since our Q1 update
PROGRESS • Q1 TO H1 FY27 ~ ARIS Progress since our 01 update Revenue growth Capacity DaaSGDV Asphalt/Bitumen Net debt Q1 OUTLOOK AT 30 JUN AT 30 JUN Q1 OUTLOOK Q1 OUTLOOK 35-40% 9Mnt+ ~1,839 Cr ~80-100Cr ~75-80Cr in 12-18 months H1ACTUAL AT 30 SEP TODAY H1ACTUAL AT 30 SEP +32% 11.7 Mnt f2,750Cr+ f73
Slide 6: PAT trajectory and FY27 outlook
PROFITABILITY • FY27 OUTLOOK ~ ARIS PATtrajectory and FY27 outlook HALF-YEARLY PROFIT AFTER TAX, f CR FY27 PAT GUIDANCE +110% YoY ~57 ~,,oocr Consolidated, up 66% on ~60 Cr in FY26 42.9 39.9 f43Cr Delivered in H1 ~~57 Cr in H2E 20.4 43% of the year done in the lighter half Last year, H1 was 34 % H1
Slide 7: One integrated business across three segments
SEGMENTAL PERFORMANCE • H1 FY27 ~ ARIS One integrated business across three segments Revenue Segment EBITDA* 9.6% 35.8% 46.3% 55.0% 44.0% ---- .. Materials (B2B supply) ■ Contract manufacturing ■ DaaS - ~ Cr Revenue Revenue share EBITDA Margin EBITDA share I Materials (B2B supply} 214.2 I 35.8 % I 7
Slide 8: A large market, and a model that takes years to build
MARKET OPPORTUNITY ~ ARIS A large market, and a model that takes years to build THE OPPORTUNITY WHAT IT TAKES TO BUILD THIS BUSINESS ,21 lakh crore 05 Experience and relationships Construction materials market in India, 04 Goodwill with developers, 2024; about ~28 lakh crore by 2029 Developer as lan
Slide 9: How ARIS compares with industry business models
COMPETITIVE POSITIONING ~ ARIS How ARIS compares with industry business models CAPABILITY ARIS Traders Manufacturers PMC & EPC Software Multi-category materials supply Every category, from quarry to finishes • () () 0 0 Exclusive manufacturing capacity Contracted output from partner plants • 0 Asset
Slide 10: Proprietary technology and its impact
TECHNOLOGY ~ ARIS Proprietary technology and its impact r Pricing intelligence DELIVERY CHALLAN Maps every buy and sell price across 100% automated [ vendors and customers. Delivery automation PROPRIETARY 64 % auto-created; 14 lakh+ documents 3.6 lakh deliveries on the system Q ➔ A~!~-~:~h digitised
Slide 11: Materials across every stage of construction
PRODUCT PORTFOLIO ~ ARIS Materials across every stage of construction CONTRACT MANUFACTURING B2B SUPPLY AND B2B SUPPLY Structure Services Finishes Frame and walls MEP services Interiors Aggregates ~ Steel Electricals • Tiles Ready-mix concrete Cement @) Wires and cables Sanitaryware Asphalt/Bitumen
Slide 12: 11.7 Mn t of reserved capacity across four markets
CONTRACT MANUFACTURING ~ ARIS 11.7 Mn t of reserved capacity across four markets Plants by market Capacity by product Chennai Mumbai 4.72 Mn t 3.67 Mn t •• •••• • •• ••••• I Aggregates 63% 7.33 Mn t • 9 plants Bengaluru Jharkhand 2.17 Mn t 1.15 Mn t ••• I Ready-mix 27% 3.22 Mn t • 11 plants Asphalt/
Slide 13: How DaaS works and earns
DEVELOPER AS A SERVICE (DAAS) ~ ARIS How DaaS works and earns What ARIS takes on for the developer, at any stage of the project 01 02 03 04 05 Plan Money Material Management Handover Plan the land's best use Arrange and track project Source and deliver every Run execution, contractors Support sales
Slide 14: DaaS order book: live order book up 117% since March
DAAS ORDER BOOK ~ ARIS Live order book up 117% since March GOV, f CR 31 Mar 1,267 LIVE ORDER BOOK (GOV) 30 Jun 1,839 ,2, 750 Cr+ 3 ,oct 2,817 ,2,567 Cr 15 projects Fee+ supply Order book at 30 Sep Under DaaS mandate How ARIS earns on GDV Ramdev Plaza Phase II (~250 Cr) added Up from 10 at 30 Jun A f
Slide 15: Cash conversion and working capital efficiency
CASH FLOW AND WORKING CAPITAL ~ ARIS Cash conversion and working capital efficiency Operating cash flow vs profit, H1 FY27, f Cr Net working capital days 66.2 97 60.1 42.9 66 56 54 PAT EBITDA Operating cash flow Q1FY26 Q2 Q3 Q4 Q1 FY27 Q2 1.4x 4.6x 16.1% Operating cash flow to PAT, H1 Interest cover
Slide 16: Key priorities for the next 18 months
STRATEGIC PRIORITIES ~ ARIS Key priorities for the next 18 months 01 02 03 Scale the Grow secured Expand into new DaaS business partner capacity geographies Win more mandates, with every Add exclusive partner plants and Take materials supply, contract project also buying its materials move more aggr
Slide 17: Where we are headed: FY30
OUTLOOK • FY30 GUIDANCE ~ ARIS Where we are headed: FY30 First time Our first multi-year outlook, built on the business as it runs today ,. REVENUE,FY30 EBITDA MARGIN, FY30 PAT,FY30 ~,3,000 Cr 12-13% ~,22scr From ~1,068 Cr in FY26 From 9.4 % in FY26 From ~60 Cr in FY26 ~180% t ~29% 260-360 bps t ~27
Slide 18: Revenue to about ₹3,000 Cr by FY30
OUTLOOK • GROWTH PATH ~ ARIS Revenue to about ~3, 000 Cr by FY30 REVENUE, f CR EBITDA MARGIN, % ... 3,000 CAGR~29% ,--------------, +35-40% 1,068 768 FY25 FY26 FY27 FY28 FY29 FY30 actual actual guidance guidance 6.5% 9.4% 11.5-12% 12-13% Note: Revenue from operations, ~ Cr; FY25-FY26 audited. FY27 b
Slide 19: PAT to about ₹225 Cr by FY30
OUTLOOK • PROFIT PATH ~ ARIS PATto about ~225 Cr by FY30 PAT, f CR PAT MARGIN, % CAGR-39% ~100 60 6 FY25 FY26 FY27 FY28 FY29 FY30 actual actual guidance guidance 0.8% 5.6% ~7% ~7.5% Note: Consolidated PAT,~ Cr, before non-controlling interest; FY25-FY26 audited. FY28-FY29 for direction only. FY27 an
Slide 20: CM and DaaS to 75% of revenue by FY30
OUTLOOK • FY26 TO FY30 ~ ARIS CM and DaaS to 75% of revenue by FY30 REVENUE MIX BY SEGMENT CM and DaaS • 56% of revenue FY26 Contract manufacturing 47% 9% B2B supply 44% ~1,068 Cr • actual FY30 Contract manufacturing 65% 10% B2B supply 25% ~~3,000 Cr • guidance CM and DaaS • 75% of revenue REVENUE E
Slide 21: Appendix: Financials
~ ARIS APPENDIX A1 Income statement: quarter and half year 01 A2 A3 Income statement: annual trend Condensed consolidated balance sheet Key ratios Financials A4
Slide 22: Income statement: quarter and half year
APPENDIX· FINANCIALS ~ ARIS Income statement: quarter and half year fCr Q2 FY27 Q1FY27 QoQ Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue from operations 307.7 290.8 +6 % 241.2 +28 % 598.5 453.3 +32 % EBITDA 35.6 30.5 +17% 22.5 +58 % 66.2 40.7 +63 % EBITDA margin 11.6% 10.5% +110 bps 9.3% +220 bps 11.1% 9.
Slide 23: Income statement: half-year and annual trend
APPENDIX • FINANCIALS ~ ARIS Income statement: half-year and annual trend - f Cr H1FY27 H1FY26 FY26 FY25 FY24 I Revenue from operations 598.5 I 453.3 I 1,067.5 I 767.7 I 696.8 EBITDA 66.2 40.7 100.7 50.1 12.8 EBITDA margin 11.1% 9.0% 9.4% 6.5% 1.8% Depreciation and amortisation 3.9 1.5 4.1 3.3 2.9 F
Slide 24: Condensed consolidated balance sheet
APPENDIX· FINANCIALS ~ ARIS Condensed consolidated balance sheet -- -- -- - fCr 30 Sep 2026 31 Mar 2026 31 Mar2025 31 Mar 2024 I Property, plant, right-of-use and intangibles 92.1 I 80.1 I 46.9 I 28.4 Loans and advances (non-current} 167.4 168.5 0.5 - I Other non-current assets 81.1 81.5 17.4 21.7 T
Slide 25: Key ratios
APPENDIX • FINANCIALS ~ ARIS Key ratios Ratio H1FY27 Q1FY27 FY26 FY25 FY24 I Net working capital days 54 I 56 I 66 I 110 I 120 Net debt/ equity 0.10x 0.02x (0.07)x 0.97x 1.45x ROCE 16.1% 16.0% 15.8% 12.3% 9.7 % ROE 11.5% 10.5% 12.2% 3.2 % (14.1)% Operating cash flow, ~ Cr 60.1 -l 142.0 (21 .3) 3.5 D
Slide 26: Appendix: Company
~ ARIS APPENDIX 02 AS Board of directors and leadership team Company
Slide 27: Board of directors and leadership team
APPENDIX • COMPANY Board of directors and leadership team BOARD OF DIRECTORS Ronak Morbia Bhavik Khara Siddharth Shah Ramakant Sharma Gitanjali Mirchandani Renganathan Bashyam Chairman and Whole-Time Director Vice Chairman, Independent Director Independent Director Independent Director Managing Dire
Slide 28: Disclaimer
APPENDIX ~ ARIS Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions cont ained in this presentation. Such information and opinions are in all events not cu
Slide 29: Thank you
ARIS Thankyou INVESTOR RELATIONS Mr. Anuj Sonpal, Valorem Advisors Tel: +91-22-3507 5100 • Email: aris@valoremadvisors.com Investor kit: valoremadvisors.com/arisinfra aris.in