Slide 1: Cover letter: key operational performance highlights FY26
May 01, 2026 To, BSE Limited National Stock Exchange of India The Corporate Relationship Limited Department The Listing Department 1st Floor, P.J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 532799 Symbol: HUBTOWN Dear
Slide 2: Q3 & 9MFY26 Investor Presentation, April 2026
Q3 & 9MFY26 25 South Actual image April April 2026 2026
Slide 3: Disclaimer
Disclaimer This presentation Presentation does not constitute a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement, an offer document or an offering memorandum, disclosure document or private placement offer letter under the Companies Act, 2013, the Securities an
Slide 4: Table of Contents
Table of Contents Breach Candy 25 Downtown Site Location Artistic impression Company Overview Seasons Phase 2 25 South Key Growth Drivers Artistic impression Artistic impression Proforma Performance 25 Estates 25 West Artistic impression Artistic impression Key On-going & Forthcoming Projects Manage
Slide 5: Company Overview
Artisticimpression:
Slide 6: Hubtown Limited: At a Glance
Hubtown Limited: At a Glance One of the largest Real Estate Developer of Premium Residential Apartments based in Mumbai Metropolitan Region 1 Key Projects 35+ Years of Track Record Delivered 47 Developments 2 12.76 msf Completed Projects Established in 1989, listed on the 7.13 msf in Ongoing Project
Slide 7: Business Segments
Business Segments Presence Across Multiple Segments Residential Commercial / Industrial / Infrastructure 25 West Ackruti Star Ackruti Corporate Park Artistic impression Actual image Actual image Constructed 29 residential projects Constructed 15+ office spaces, industrial and infrastructure proj
Slide 8: Experienced in Slum Redevelopments (1/2)
Experienced in Slum Redevelopments (1/2) Artistic impression Actual image 25 West Artistic impression Based on SRA Data, 2024 7.58% of Hubtown has Delivered 6.69 msf 2 Ongoing & 2 Forthcoming Slum total land area in MCGM is under Slum Redeveloped slums across Mumbai Rehabilitation Projects clusters
Slide 9: Experienced in developing PPP Projects (2/2)
Experienced in developing PPP Projects (2/2) Hubtown participation in PPP Projects Municipal Corporation PPP PPP by Maharashtra Government Affordable Housing Experience in PPP project by Experience in real estate PPP project by PWD, Experience in project of affordable housing Municipal Corporation o
Slide 10: Key Growth Drivers
HUET SIM KEY GROWTH DRIVERS
Slide 11: Corporate Structure Merger, Project Pipeline, Balance Sheet Strengthening
Consolidation of Corporate Project Pipeline Focused Approach for Structure through Merger Strengthening Balance Sheet Develop Existing Land Reserve and Forth On-going Mergers 2 Coming Projects Continued Focus on Debt Reduction 4 Projects associated with Ongoing - Strategic Debt Reduction Hubtown Ltd
Slide 12: Merger Summary
Merger Summary Hubtown Limited Proposed Merger % 20.95% 100% ~100% 75% Saicharan Consultancy Pvt. 25 West Realty Twenty-Five South Twenty-Five Downtown 4 Ltd. Private Ltd. Realty Limited Realty Limited 2 (Rare Townships Pvt. Ltd.)1 Rising City 25 West 25 South 25 Downtown Approved by stock Approved
Slide 13: Snapshot of Key Projects Being Merged
Snapshot of Key Projects Being Merged Map of Mumbai (Geographic Location) Particulars Rising City 25 West 25 South 25 Downtown Project Launch Year 2011 2022 2015 2024 Carpet Area 0.65 msf 0.54 msf 0.96 msf 3.67 msf 1 tower delivered, 1 5 towers OC tower delivery received, 1 tower Construction and Co
Slide 14: Proforma Portfolio Overview Ongoing Projects
Proforma Portfolio Overview Ongoing Projects Balance Total Revenue to be Status Total Carpet Total Sales Collections till Unsold Area Ownership Sold Carpet Revenue recognized (Project Projects Market Format Area1 Value Date (Inventory) Stake Area (msf) Recognized from Sales Completion) (msf) (INR Mn
Slide 15: Upcoming Projects (Launch Pipeline)
Upcoming Projects (Launch Pipeline) Carpet Ownership Land Area Projects Project Type Location Format Area 2 Launch Timeline Stake (%) (Acres) * (msf) Breach Candy, Breach Candy Residential Residential Own 100% 0.24 0.04 Advanced stages of planning Mumbai 25 Vistas Residential Thane Own 100% 6.67 0.8
Slide 16: Listed Company Debt Overview
Listed Company Debt Overview The debt (principal) outstanding on the listed company is ~11.27 Bn as of Debt Reduction (INR Mn) 25,000 23,021 – INR 10. 52 Bn is self-liquidating debt (project backed) – INR 0.75 Bn is corporate (non-project backed), which shall have to be 20,000 serviced from corpor
Slide 17: Proforma Debt Overview
Proforma Debt Overview Listed Company (INR Mn) Key creditors in the outstanding debt (INR ~11.27 Bn) are: NBFCs: ~INR 6.00 Bn Special Window Fund: ~INR 1.99 Bn Others: ~INR 3.28 Bn Merger Entities Outstanding debt of INR ~39.47 bn 39,470 Operating cash flows of 25 South and 25 Downtown p
Slide 18: Proforma Performance
Rising City Artistic impression
Slide 19: Proforma Key Operational Highlights Q3 & 9MFY26
Proforma Key Operational Highlights Q3 & 9MFY26 Q3FY26 0.55 msf 224 units INR 20,859 Mn INR 6,182 Mn Area Sold Units Sold Pre-Sales Collections 9MFY26 0.88 msf 479 units INR 36,033 Mn INR 15,069 Mn Area Sold Units Sold Pre-Sales Collections 18 18
Slide 20: Operating Performance Track Record
Operating Performance Track Record Sales Value (INR Mn) Collections (INR Mn) 39,215 36,033 24,976 15,843 15,069 14,300 14,157 11,764 10,632 9,481 FY23 FY24 FY25 9MFY25 9MFY26 FY23 FY24 FY25 9MFY25 9MFY26 19 Details include post merger financials which comprise of 3 projects
Slide 21: Projects Summary (9M FY26)
Projects Summary (9M FY26) Sales / Booking Revenue Area Booked Units Collections Residential Projects Location Value Recognized (msf) Booked (INR Mn) (INR Mn) (INR Mn) Residential 25 Downtown Mahalaxmi 0.47 106 23,131 2,267 - 25 West Bandra 0.05 16 3,157 834 - 25 South Prabhadevi 0.06 21 5,424 8,760
Slide 22: Proforma Debt Overview
Proforma Debt Overview (INR Mn, except %) Total Proforma Debt Increase/ Sr No. Lender Facility Availed ~o/s Dec 2025 Decrease 756 As of 2017 1 Banks 9,085 - -100% 2 NBFCs / Domestic Funds 7,479 - -100% 3 HNIs / Private 5,666 756 -87% 4 Foreign Funds 789 - -100% As of 2021 5 NBFCs / Domestic Funds 11
Slide 23: Free Cashflows Ongoing Projects
Free Cashflows Ongoing Projects (INR Mn) Particulars FY23 FY24 FY25 9M FY25 9M FY26 Operating Cashflows attributable to only Hubtown's share Demand Raised during the year 10,876.25 9,375.45 19,608.02 13,128.86 16,407.18 Rental Income if any 96.84 81.99 79.05 51.45 43.73 Cash Inflows (A) 10,973.09 9,
Slide 24: Key On-going & Forthcoming Projects
Rising City Artistic impression
Slide 25: 25 South, Prabhadevi
25 South, Prabhadevi Premium project located between the Siddhivinayak temple and Prabhadevi beach 5.5 acres freehold land, with 3 towers of 57 story each Artistic impression Comprises of apartments, with average size of ~3,500 sq ft (carpet area) 1 msf- 90%+ sold | 1 Tower handed over and remaining
Slide 26: 25 Downtown, Mahalaxmi
25 Downtown, Mahalaxmi Large scale project in South Mumbai, in terms of revenue and area under development Total development of ~3.67 msf across 5 residential towers and a proposed commercial tower Artistic impression Project is part of an urban renewal scheme Launched 4 residential towers out of 5,
Slide 27: 25 West, Mount Mary, Bandra (W)
25 West, Mount Mary, Bandra (W) Premium project in Bandra (W), located between the Mount Mary church and Sea Link Comprises of 4 Towers with ~0.54 msf development Artistic impression 1 Tower launched (~0.18 msf), with ~65% sold till date 1 Tower under construction and rest of the towers in advance s
Slide 28: Sunstream City, Mulund-Thane
Sunstream City, Mulund-Thane ~141 acres of freehold land spread over Mulund and Thane Planned gated township with walk-to-work urban design Artistic impression ~26.63 msf development potential, between residential and commercial Located in proximity to Thane Station and Eastern Express Highway Unsol
Slide 29: Hubtown Seasons, Chembur
Hubtown Seasons, Chembur A ~10-acre land development in Chembur, with ~1 msf development potential across 2 phases The project comprises 11 residential towers and a commercial tower which will be launched in two phases Artistic impression The phase 1 of the project, consisting of six residential tow
Slide 30: Hubtown Rising City, Ghatkopar
Hubtown Rising City, Ghatkopar Artistic impression Phase 1 part of the larger project development on 5-acres of land comprising of 1-3 BHK apartments 6 Towers comprising ~0.65 msf, ~68% inventory sold Artistic impression Phase 1 5 Towers OC received; remaining tower targeted for completion by FY27 U
Slide 31: Management
HUBT Sw NMIAINAGEMENT Actual image
Slide 32: Board of Directors
Board of Directors Mr. Hemant M Shah Mr. Vyomesh M Shah Mr. Milin Ramani Chairman & Co-founder Managing Director and Co-founder Non-Executive - Independent Director Mr. Kartik Ruparel Ms. Bhakti Jaywant Kothare Mr. Jignesh Hansraj Gala Non-Executive - Independent Director Non-Executive Independent N
Slide 33: Management of the Company
Management of the Company Mr. Hemant M Shah Mr. Vyomesh M Shah Chairman & Co-founder Managing Director and Co-founder An eminent business entrepreneur and thought leader in the real estate sector Ex-President of MCHI-CREDAI (Maharashtra Chamber of Housing Industry) Has extensive industry exper
Slide 34: Definitions
Definitions Completed Projects: These include those developments where the Company and/or subsidiaries of the Company and/or associates/joint ventures/jointly controlled operation of the Company have completed development/re-development; and in respect of which the occupation/completion certificate/
Slide 35: Thank You
Thank You QUERIES: investorcell@hubtown.co.in 34