Dreamfolks Services Limited · NSE:DREAMFOLKS
Dreamfolks Services — Q2 & H1 FY26 Earnings Presentation
30 slides from Dreamfolks Services's earnings presentation, Nov 14, 2025
Slide 1: Cover letter to stock exchanges
Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 November 14, 2025 To, To, The Secretary, Listing Department The Listing Manager, Listing De
Slide 2: Q2 & H1 FY26 Investor Presentation
DreamFolks Services Limited Q2 & H1 FY26 | Investor Presentation November 2025
Slide 3: Contents
Global travel and lifestyle services aggregator Contents 1. Q2 & H1 FY 26 | Pe r f orm ance Highlights About DreamFolks and 2. The Way For ward 3. Key Strengths 4. Financial Highlights 5. Annexures
Slide 4: Q2 & H1 FY26 Performance Highlights
Global travel and lifestyle services aggregator Q2 & H1 FY26 Performance Highlights 1
Slide 5: Leadership Message
Leadership Message “This quarter marked a phase of strategic transformation and realignment for DreamFolks, as we adapted to evolving industry dynamics with forward-looking decisions. While these actions may reflect temporarily in our numbers, they have strengthened our foundation. We are now firmly
Slide 6: H1FY26 Performance Highlights
H1FY26 Performance Highlights Revenue * Gross Profit & Margin Adjusted EBITDA & PAT & Margin Net Worth*** Margin** H1FY26 Rs. 5,545 Mn Rs. 757 Mn Rs. 461 Mn Rs. 325 Mn Rs. 3,331 Mn ↑ 25.8% Y-o-Y Margin 13.7% Margin 8.3% Margin 5.9% H1FY25 Rs. 6,377 Mn Rs. 768 Mn Rs. 511 Mn Rs. 332 Mn Rs. 2,648 Mn Ma
Slide 7: Trend for the last three years
Trend for the last three years Revenue from Operations Gross Profit (Rs. Mn) (Rs. Mn) 5,488 6,377 5,545 635 768 757 H1FY24 H1FY25 H1FY26 H1FY24 H1FY25 H1FY26 PAT Net Worth (Rs. Mn) (Rs. Mn) 306 332 325 1,952 2,648 3,331 H1FY24 H1FY25 H1FY26 H1FY24 H1FY25 H1FY26 Page 6
Slide 8: Profit & Loss Statement Q2 FY26
Profit & Loss Statement Q2 FY26 Quarter ended Year-ended Particulars (Rs. Mn) 30/09/2025 30/09/2024 31/03/2025 31/03/2024 Revenue from operations 2,055.2 3,168.6 12,918.8 11,350.1 Other income 41.1 7.7 85.6 33.3 Total income 2,096.3 3,176.3 13,004.4 11,383.4 Cost of Services 1,763.3 2,776.4 11,417.8
Slide 9: DreamFolks acquires Ten Eleven Hospitality
DreamFolks acquires Ten Eleven Hospitality Backward Integration into Hospitality DreamFolks’ gets entry into the hospitality and railway lounge operations business Reduced External Dependency Ten11 Hospitality LLP is engaged in: to acquire, construct, By vertically integrating, we strengthen our own
Slide 10: Recent Launches & Partnerships
Recent Launches & Partnerships Launched 3 Products at the Global Fintech Fest 2025 1. Launched DreamFolks Club 2.0 A membership that defines access. You can choose the package that suits your lifestyle and open doors to curated privileges across travel, lifestyle and leisure 2. DreamFolks x Global P
Slide 11: About DreamFolks and The Way Forward
Global travel and lifestyle services aggregator About DreamFolks and The Way Forward 2
Slide 12: DreamFolks: Travel & Lifestyle Experience Company
DreamFolks : Travel & Lifestyle Experience Company DreamFolks is India’s leading Travel & Lifestyle Experience Company providing services through an in-house proprietary technology platform ensuring scalability and customized solutions to clients such as Banks, Card Networks, Airlines, OTAs and Ente
Slide 13: Increasing Wallet Share across services with Clients
Increasing Wallet Share across services with Clients Identifying cross-selling opportunities within our diversified set of services Our services cover the entire consumer journey… From doorstep to the airport, and beyond And House Airport Check-in Security Immigration To beyond Destination Lounge Ac
Slide 14: Expanding Footprints in New Geographies
Expanding Footprints in New Geographies 100+ 3,000+ Strategic Focus Countries Covered Touchpoints • As part of our Global Expansion Strategy, we have been focusing on South-East Asia and the Middle East • Have covered major locations across these regions • Forming strategic partnerships to expand qu
Slide 15: Diversifying Client Base to reduce Customer Concentration (1/2)
Diversifying Client Base to reduce Customer Concentration (1/2) Card Network Card Issuers Enterprises 5 20+ 50+ Client Ecosystem Page 14 Not an exhaustive List of clients
Slide 16: Diversifying Client Base to reduce Customer Concentration (2/2)
Diversifying Client Base to reduce Customer Concentration (2/2) Balanced Business Mix Consistent Client Growth Focused Team for Enterprise Clients Increasing non-banking enterprise Over 30 enterprise and banking clients DreamFolks is building a dedicated team focused on share, diversifying existing
Slide 17: Key Strengths
Global travel and lifestyle services aggregator Key Strengths 3
Slide 18: Robust Business Model backed by State-of-the-art Technology Platform
Robust Business Model backed by State-of-the-art Technology Platform Robust Business Model State-of-the-art Technology Platform Clients (Card Issuers/ Card Network Providers/ Airlines/ OTAs/ Enterprises) tie-up with DreamFolks …to enable their end-Consumers access services via In-house proprietary O
Slide 19: Experienced & Able Leadership Team
Experienced & Able Leadership Team Liberatha Peter Kallat Mukesh Yadav Dinesh Nagpal Balaji Srinivasan Sandeep Sonawane Shekhar Sood Promoter, Chairperson and Promoter & Non-Executive Promoter & Non-Executive Chief Technology Officer & Chief Business Officer Chief Financial Officer Managing Director
Slide 20: Strong Industry Tailwinds (1/2)
Strong Industry Tailwinds (1/2) 1 2 2 Domestic Passenger Traffic Credit Cards in Circulation (As at end of Quarter) Average Spend Per Credit Card (Count in Mn, YoY growth in %) (Count in Mn, YoY growth in %) (Rs. Thousand, YoY Growth in %) 10.4% 7.9% 7.1% 6.9% 14.1% (0.7%) 9.2% 9.2% 10.4% 4.4% 5.9%
Slide 21: Strong Industry Tailwinds (2/2)
Strong Industry Tailwinds (2/2) Infrastructure Development in India’s share of Railway Government Catapult for Railways* Indian Railways* Passengers** Budget 2025-26 approved 200 Vande INR 2400 Bn Capex allocated to 7.15 bn passengers in FY 24-25, India Bharat, 100 Amrit Bharat & 50 Namo Railways in
Slide 22: Financial Highlights
Global travel and lifestyle services aggregator Financial Highlights 4
Slide 23: Annual Key Financial Highlights
Annual Key Financial Highlights Revenue from Operations Gross Profit (Rs. Mn) (Rs. Mn) 7,733 11,350 12,919 1,279 1,368 1,501 FY23 FY24 FY25 FY23 FY24 FY25 Adjusted EBITDA * PAT (Rs. Mn) (Rs. Mn) 1,046 1,033 1,021 725 686 651 FY23 FY24 FY25 FY23 FY24 FY25 *After adjusting for non-cash ESOP expenses P
Slide 24: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Mn) FY2023 FY2024 FY2025 Revenue from operations 7,732.5 11,350.1 12,918.8 Other income 33.0 33.3 85.6 Total income 7,765.5 11,383.4 13,004.4 Cost of Services 6,453.8 9,981.7 11,417.8 Employee benefits expenses 178.3 284.8 425.7 Other expenses 111.2 145.1 187
Slide 25: Balance Sheet
Balance Sheet As at As at As at As at Particulars (Rs. Mn) Particulars (Rs. Mn) 30/09/2025 31/03/2025 30/09/2025 31/03/2025 ASSETS EQUITY AND LIABILITIES Share capital 106.54 106.54 Property, plant and equipment 18.84 19.02 Other equity 3,228.09 2,903.00 Intangible assets 1.15 1.70 Total equity attr
Slide 26: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Mn) Period ended 30/09/2025 Year ended 31/3/2025 Cash Flow from Operating Activities Profit / (loss) before tax 435.19 898.85 Adjustments for Non-Operating Items (29.19) 66.52 Operating Profit before Working Capital changes 406.00 965.36 Changes in Working Capita
Slide 27: Annexures
Global travel and lifestyle services aggregator Annexures 5
Slide 28: Journey to being the Leading Travel & Lifestyle Experiences Enabler
Journey to being the Leading Travel & Lifestyle Experiences Enabler DreamFolks’ Membership card unveiled as part of the 2023 2024-25 Global lounge program with Expanded our Global footprint by a prominent Card Issuer 2019 Launched Self check-in entering the Malaysia Market 2018 Kiosks at major
Slide 29: Awards and Accolades
Awards and Accolades Excellence Most Best in Premium Customer Best User CEO of The Innovative Banking Experience Iconic Experience Business Year Travel & Emerging Card Service Solution of Brands of Solution Leadership 2025 Lifestyle Technology Provider of the Year India 2024 Provider Award 2024 Solu
Slide 30: Safe Harbour
“ Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by DreamFolks Services Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
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