Aimtron Electronics Limited · NSE:AIMTRON
Aimtron Electronics — Merger or Acquisition (January 2026)
20 slides from Aimtron Electronics's merger presentation, Jan 28, 2026
Slide 1: Cover letter to National Stock Exchange
Date: 28th January, 2026 To, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: - AIMTRON ISIN: - INE0RUV01018 Sub: Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (List
Slide 2: Expands Global Presence with Acquisition of International Control Services Inc.
Expands Global Presence with Acquisition of Decatur-Based ESDM Provider, International Control Services Inc. INVESTOR PRESENTATION
Slide 3: Management representatives
Aimtron International Controls, LLC Management representatives: Mukesh Vasani – Chairman & Managing Director Nirmal Vasani – Chief Operating Officer Sneh Shah – Whole Time Director Pinkesh Parikh – Finance Director Chris Espinoza – VP Sales
Slide 4: Aimtron Acquires ICS - USA
Aimtron Acquires ICS - USA Headquartered in Decatur, Illinois, USA, International Control Services, Inc. (ICS) is a well-established player in the low-to-medium volume Electronics Manufacturing Services (EMS) industry. Based on CY 2025 estimates, ICS has achieved USD 16.9 million in revenue. Through
Slide 5: Aimtron's Acquisition Strategy
Aimtron’s Acquisition Strategy • Accelerate growth by accessing new customers, adjacent segments, and emerging geographies • Select acquisitions that strategically complement and strengthen existing capabilities • Focus on small and mid-sized businesses with strong operational improvement potential
Slide 6: Acquisition vs Building Organically
Acquisition vs Building Organically Why ICS acquisition? Immediate US customer access + credibility in Midwest industrial ecosystem Experienced engineering + program team already embedded in customer programs Specialized infrastructure: Agrotech product testing, cleanroom, rugged/harsh exposure test
Slide 7: ICS Assets Overview (What's acquired)
ICS Assets Overview (What’s acquired) Land for Technology Manufacturing Expansion Planform Facility 3.9 acres available for 4 SMT Lines with end-to- future expansion end capabilities 58,000 sq. ft. (including future box-build (testing, wave, mechanical box scale-up) build)
Slide 8: Commercial Momentum (Current Visibility)
Commercial Momentum (Current Visibility) New Current Order RFQ Enquires Book Pipeline ₹ 325 Crores ₹ 98 Crores ₹ 155 Crores (Potential to convert to RFQ within ~90 days)
Slide 9: Company's Subsidiary Structure
Company’s Subsidiary Structure India USA Aimtron Electronics Ltd Aimtron Electronics LLC Aimtron International Controls LLC (100% subsidiary of (100% subsidiary of Aimtron Electronics LLC, USA) (Holding Company) Aimtron Electronics Ltd, India) International Control Services Inc. (Acquired by Aimtron
Slide 10: Customer Concentration & Sector Mix
Customer Concentration & Sector Mix Top 5 Customers 40% of Revenue Others Hardened / 28.0% Rugged Electronics 26.0% Top 3 Customers Sector 25% of Revenue Mix Aerospace 5.0% Strategy Oil Industry Agrotech Broaden Customer base while 10.0% 19.0% increasing wallet share in Medical 12.0% existing accoun
Slide 11: Aimtron Acquires ICS - USA
Aimtron Acquires ICS - USA International Controls ICS is now Aimtron Stellar performance Services Inc International Controls • Established in 1992; • Aimtron raised INR 945.7mn From EMS to ODM-ESDM: Operations in Decatur, Illinois, through preferential • Acquisition brings access to USA warrants to
Slide 12: Scaling global ESDM Platform
Scaling global ESDM Platform • Publicly listed in India • US based ESDM and ODM • Wholly-owned subsidiary with strong operations in company USA • At cost of Engineering • Revenue 16.9 USD million and technology force- • Design manufacturing multipliers and lifecycle support • Deep engineering teams
Slide 13: Growth and Returns
Growth and Returns The transaction has been evaluated on This is aligned with Aimtron’s strategy to both trailing and forward financials. With strengthen its delivery model and add margin improvement initiatives, the brick-and-mortar on US soil. acquisition is expected to be EPS accretive from the f
Slide 14: Margin Expansion Plan (US high-mix reality)
Margin Expansion Plan (US high-mix reality) Aimtron approach is margin-first Mix Improvement: Procurement Synergy: • More engineered assemblies • BOM optimization 01 • Vendor consolidation • Cost-down initiatives 03 • Ruggedization • Test • Higher value-added box build Quote Discipline: Operations:
Slide 15: Utilization Ramp & Incremental Investment
Utilization Ramp & Incremental Investment Utilization Plan Existing Base Incremental Working Scale from ~54% to ~90% 4 SMT lines + end-to-end Capital over ~3 years (phased, manufacturing and test ~INR 5–6 crore award-led) capability Incremental Capex Total Incremental Fund Plan Expansion Headroom (A
Slide 16: Returns Framework and EPS Accretive
Returns Framework and EPS Accretive ROCE/ROE EPS accretive from Year 1 Underwritten to meet Aimtron’s internal Driven by customer footprint, geography, ROCE/ROE benchmarks from Year 1 based operating leverage, procurement synergy, on opportunity + available infrastructure + and mix/value-added growt
Slide 17: Aimtron – Snapshot with ICS
Aimtron – Snapshot with ICS Automotive Hardened Aerospace & IOT/ Medical & Industrial Agrotech Power Telecommunications BMS Defense Robotics Healthcare 9 150+ 900+ 350+ SMT Lines Design Engineers Driving Customers Satisfied Embedded Design Innovations Globally Projects Completed Aimtron Electronics
Slide 18: Snapshots from the acquisition journey
Snapshots from the acquisition journey
Slide 19: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Aimtron Electronics Limited (“AEL”, “Aimtron”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in conn
Slide 20: Thank You
THANK YOU Aimtron Electronics Limited - 201, Brigade IRV, Nallurhalli Road, Whitefield, Bengaluru - 560 066 (Karnataka) - Plot No. 1/A, GIDC Estate, Waghodia, Vadodara, Gujarat, 391760 cfo@aimtron.com/ cs@aimtron.com www.aimtron.in KAPTIFY® Consulting Strategy & Investor Relations | Consulting conta
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