Expo Engineering And Projects Ltd · BSE:EXPOEAPL
Expo Engineering And Projects — Q2 FY26 Earnings Presentation
35 slides from Expo Engineering And Projects's earnings presentation, Oct 30, 2025
Slide 1: Cover letter to Bombay Stock Exchange
Expo Expo Engineering and Projects Ltd. (Formerly known as Expo Gas Containers Ltd.) Expo House, 150 Sheriff Devji Street, Mumbai 400 003, India Tel.: +91 22 6131 9600 Website: www.expogas.com CIN NO.: L40200MH1982PLC027837 Ref: C:/ Expo/Bse/2025-26 30t October,2025 To, Bombay Stock Exchange Departm
Slide 2: Presentation Q2 & H1 FY26
.Xpo PRESENTATION Q2 & H1 FY26
Slide 3: Disclaimer
Expo DISCLAIMER This presentation and the accompanying slides, prepared by Expo Engineering and Projects Ltd. (the "Company”- formally known as Expo Gas Containers Ltd), are intended solely for informational purposes and do not constitute an offer, recommendation, or invitation to purchase or subscr
Slide 4: Table of Contents
COMPANY Overview © 0O BUSINESS Overview FINANCIAL Highlights SE TABLE or CONTENTS INDUSTRY Opportunity Q WAY Ahead
Slide 5: Company Overview
» i -t ‘ J" 1 '- : - COMPANY /19| overview 3
Slide 6: About Us
ABOUT US Expo Established in 1982 under the visionary leadership of the late Mr. Shaukatali Mewawala, a passionate engineer and IIT Bombay alumnus. We began by manufacturing LPG cylinders at our facility in Murbad, Thane. Over the years, we have evolved into a prominent heavy engineering company spe
Slide 7: Journey So Far
0 JOURNEY SO FAR Expo 2003-2009 Overcoming Financial Struggles 2024 * 2003-04 Faced execution A New Era of Growth delays; exited 240 Cr 10CL Panipat order due to rising * Raised %7.52 Cr via equity infusion 1992 input costs. (37.6 lakh shares to promoters & investors). Entered process plant 1994—-20
Slide 8: Key Management
KEY MANAGEMENT Murtuza s. Mewawala R ECENET M AETELE] Sajjadhussein m. Nathani Chairman Managing director Executive director He pursued production engineering at Somaiya With 20+ years of experience in engineering, A seasoned finance professional with over 30+ College. Later, he earned a Bachelor's
Slide 9: Management Comment
MANAGEMENT COMMENT Expo “l' am pleased to share that we delivered a resilient performance in Q2 FY26, marked by stable revenues and improved profitability despite a challenging macro environment. EBITDA grew 11.7% year-on-year with margins expanding to 13.3%, driven by operational efficiencies and p
Slide 10: Business Overview
overview {|7 BUSINESS
Slide 11: Business Segments
BUSINESS SEGMENTS Xpo Process Plant Equipment On-Site Engineering Projects Maintenance & Inspection Services Manufacturing specialize in on-site engineering projects, Our services also include the * Specializes in high-pressure vessels, including fixed and floating roof storage maintenance, inspecti
Slide 12: Process Plant
PROCESS PLANT Pressu re Vessel Column / Towers Heat Exchanger |- N TY NN ‘ . 4™ ’ \\ ¢ t " : -h;yk_@i:\v e Ae;fl"
Slide 13: On-Site Engineering Projects
ON-SITE ENGINEERING PROJECTS Cone / Dome Roof Tanks | Floating Roof Tanks Horton Spheres Column Internals & Revamp | —,. Maintenance, Sh wn / Revamp Fabrication & Erection of Equipments Bullets — Mounded Storage & Above Ground Bullets
Slide 14: Industries Catered
INDUSTRIES CATERED Expo GREEN HYDROGEN REFINERIES LNG PETROCHEMICALS FERTILIZER
Slide 15: Key Strengths
KEY STRENGTHS Xpo Experienced Management Strong Geographical Footprint Over 5 decades of experience in this Exporting tailor-made equipment to business - supported by team of Indonesia, Russia, Israel, USA, professionals with more than 2 decades Bangladesh and other countries of experience Strong Br
Slide 16: Manufacturing Capabilities
MANUFACTURING CAPABILITIES Expo * Our manufacturing facility is strategically located in Murbad, Thane, Diameter of equipment Up to 9 Mtrs approximately 90 kms north of Mumbai, covering a total plot area of nearly Length of equipment Up to 120 Mtrs 5 acres (20,234.3 Sq. M) Weight of equipment Up to
Slide 17: Marquee Clients
MARQUEE CLIENTS 2 THERMAX IndianQil IGI?E!& b, “—~ & () A Reliance Industries Limited & ENGINEERNG Navin Fluorine International Limited Hitz Hitachi Zosen @D SHV (©)] ENERGY STORI fldia Gypsum’” uuuuuuuuuuuuuuu
Slide 18: Pressure Vessel for Gulf Farabi Saudi Arabia
ptha Hydrotreating ISOM Unit Il i N ‘ 3 Refinery e A Storage Tanks for RIL 7 PRESSURE VESSEL FOR GULF FARABI SAUDI ARABIA DIA 5.5M LENGTH 25M WEIGHT 83MT
Slide 19: Financial Highlights
Slide 20: Q2 FY26 Consolidated Financial Highlights
Q2 FY26 CONSOLIDATED FINANCIAL HIGHLIGHTS Expo 15 OO ZEBQP ( 2\ 125.20. Order book
Slide 21: Revenue Breakup - Q2 FY26
REVENUE BREAKUP- Q2-FY26 Xpo By Product Revenue Bifurcation By Product PARTICULARS (RS IN CR) AMOUNT % Storage Tanks 13.99 93% Vessels 1.00 7% Total | 1499 | 100% Vessels 7% By Geography Gujarat 498 33% Rajasthan 1.10 7% West Bengal 3.09 21% Ladakh 2.55 17% Tripura 0.00 0% Orissa 221 15% Storage Tan
Slide 22: Order Book Split - Q2 FY26
ORDER BOOK SPLIT- Q2-FY26 Xpo By Product Order Book Bifurcation By Product PARTICULARS (RS IN CR) AMOUNT % Storage Tanks 123.05 98% Vessels 2.15 2% Vessels Total | 12520 | 100% 2% By Geography Bihar 3.08 2% Gujarat 15.33 12% Ladakh 9.40 7% Maharashtra 35.93 29% Orissa 19.81 16% Tripura 0.25 0% Uttar
Slide 23: Significant Developments
SIGNIFICANT DEVELOPMENTS Expo N~ Order info for this quarter Fund utilization & strategic fund raising Received a work order worth X5.61 crore (inclusive of taxes) * The Company has issued 31,45,715 convertible warrants on a from Bharat Petroleum Corporation Limited, Vadinar, for preferential basis
Slide 24: Consolidated Quarterly Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE- Xpo QUARTERLY Revenue from Operations (Rs in Cr) EBITDA (Excluding OI) (RS IN CR) PAT (Rs in Cr) 31.9 2 1.04 0.85 1.91 0.66 17.85 15 1.79 Q2 Fv26 Q1FY26 Q2 FY25 Q2 FY26 Q1FY26 Q2 FY25 Q2FY26 QlFY26 Q2 FY25 Profitability Ratio Earnings per Share (EPS) (in Rs) 13.33
Slide 25: Quarterly Consolidated Profit & Loss Statement
0 Expo QUARTERLY CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Cr) Q2 FY26 Q2 FY25 Q1 FY26 Revenue from Operations 15.00 31.90 (52.98)% 17.85 Other Income 0.00 0.00 0.00 Total Revenue 15.00 31.90 (52.98)% 17.85 Cost of Raw Materials 2.89 18.40 4.61 Employee Benefit Expenses 2.56 2.42 2.15 Ot
Slide 26: Half Yearly Consolidated Profit & Loss Statement
0 Expo HALF YEARLY CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Cr) H1 FY26 H1 FY25 Revenue from Operations 32.85 49.60 Other Income 0.00 0.00 Total Revenue 32.85 49.60 (33.78)% Cost of Raw Materials 7.44 21.72 Employee Benefit Expenses 4.70 4.36 Other expenses 16.73 20.35 EBITDA (Excl. Oth
Slide 27: Consolidated Annual Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE- Xpo ANNUAL Revenue from Operations (Rs in Cr) EBITDA (Excluding OI) (Rs in Cr) os PAT (Rs in Cr) 3.18 114.74 6.40 577 80.22 75.70 0.76 I FY24 FY25 2.21 FY23 FY24 FY25 FY23 Fv24 FY25 Profitability Ratio Earnings per Share (EPS) (in Rs) 1.37 7.97% 7.62% 7.26% 0.44 2
Slide 28: Consolidated Profit & Loss Statement
0 CONSOLIDATED PROFIT & LOSS STATEMENT Expo Particulars (Rs. Cr) FY25 FY24 FY23 Revenue from Operations 114.74 75.70 80.22 Other Income 0.15 0.13 0.13 Total Revenue 114.89 75.83 80.35 Cost of Raw Materials 40.57 22.43 25.65 Employee Benefit Expenses 10.53 10.36 9.07 Other expenses 55.31 37.14 39.10
Slide 29: Consolidated Balance Sheet
0Xpo CONSOLIDATED BALANCE SHEET Liabilities Rs. In Cr. As on 30t Sept’ 25 As on 31st Mar’'25 Assets Rs. In Cr. As on 30t Sept’ 25 As on 31st Mar'25 39.24 31.84 Non-current assets 9.49 9.27 Equity Equity Share Capital 9.12 9.12 Property, Plant and equipment 531 4.90 Other Equity 24.61 22.72 Intangibl
Slide 30: Industry Opportunity
Industry Opportunity
Slide 31: Industry Opportunity
INDUSTRY OPPORTUNITY Egpo SOARING ENERGY REQUIREMENTS ACCELERATING REFINING & STORAGE EXPANSION * Oil demand to double to 11 million barrels/day by 2045. * Refining capacity rose from 215.1 to 256.8 MMTPA, projected * Diesel demand expected to reach 163 MT by 2029-30, covering 58% to 309.5 MMTPA by
Slide 32: India's SPR Expansion Plans
INDUSTRY OPPORTUNITY Xpo INDIA’S SPR EXPANSION PLANS WHY THIS MATTERS India imports 85% of crude oil; disruptions (e.g., Strait of Hormuz risks) can cripple supplies. 6 new strategic reserve sites planned, . Recent West Asia tensions highlight the need for larger reserves. targeting 90 days of crude
Slide 33: Way Ahead
WAY Ahead
Slide 34: Way Ahead
WAY AHEAD Xpo Continue bidding for projects aligned with our strengths and capacity, sustaining our track record in tender wins. Upgrade qualifications to participate in large-value tenders, targeting the elite bracket with less competition and higher value addition. Leverage upgraded manufacturing
Slide 35: Contact Us
Contact us Investor Relations Advisors = C Q Adfactors PR PVT LTD T . Ms. Shrusti Jain https://expogas.com/ compliance @expogas.com (022) 6131 9600 Expo House,150, Sheriff shrusti.jain@adfactorspr.com Devji House, Mumbai - 400 003. Mr. Suraj Shinde suraj.shinde@adfactorspr.com
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