Slide 1: Cover letter to stock exchanges
May 12, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Subject: Presentation to be made to the Analysts and / or Institutional Investors Scr
Slide 2: Q4FY26 Financial Results
The World’s Leading Managed Learning Services Company Transform Your Learning. Turbocharge Your Business. Q4FY26 Financial Results May 2026 1
Slide 3: Environment
Environment Gartner April 2026: $2.52T AI spend (+44% YoY); IMF April 2026 WEO: global growth cut to 3.1% total IT $6.31T (+13.5%). Conversation shifting from (from 3.4%). Inflation at 4.4%- energy, supply AI inputs to outcomes, capability creation and disruptions and fiscal pressures all contributi
Slide 4: Q4 FY26: Highlights
Q4 FY26: Highlights Revenue: +22% EBITDA: +17% PAT: +58% Other highlights: 5,252 1,002 4,297 857 771 • AI-enabled offerings now contribute ~13% of revenue 487 • Added 5 new Annuity clients in Q4, renewed 2 contracts and expanded scope with 2 clients • 110 Annuity clients; Revenue Visibility Q4FY25 Q
Slide 5: FY26: Highlights
FY26: Highlights Revenue: +18% EBITDA: +5% PAT: +9% Other highlights: 19,520 3,957 16,533 3,763 2,477 • Added 21 new Annuity clients, 2,275 renewed 12 contracts and expanded scope with 4 clients • Acquired Munich based MST Group and SFO-based SweetRush Inc during the year FY25 FY26 FY25 FY26 FY25 FY
Slide 6: Revenue Mix: By Sector
Revenue Mix: By Sector Technology & Telecom Industrials Life Sciences & Healthcare BFSI Management Consulting & Professional Services Others 5
Slide 7: Customer Metrics
Customer Metrics Annuity Clients Revenue Visibility 5 New Annuity Clients 110 459 93 390 2 Contract Renewals 2 Scope Expansions USD million Q4FY25 Q4FY26 Q4FY25 Q4FY26 Customer Concentration Clients By Revenue Contribution Top 5 36% 31% 5 > USD 10 million Top 10 53% 47% 8 USD 5 million – USD 10 mill
Slide 8: People
People • Headcount up 113 QoQ and up 135 YoY • Includes 113 added to NIIT family from SweetRush in Q4 7 * excludes project retainers
Slide 9: Shareholding Pattern
Shareholding Pattern 26.1% 26.0% 24.6% 24.4% 24.7% 21.9% 22.2% 23.7% 24.3% 24.5% 17.6% 17.5% 17.4% 17.1% 16.8% * 34.4% 34.4% 34.2% 34.2% 34.1% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Promoters FPIs DIIs Individuals and Corporates 8 *Includes impact of exercise of ESOPs on holding percentages
Slide 10: Financials
Financials Net Other Income / (Expense) includes • Treasury Income of INR 36 Mn; lower because of MTM • Exceptional gain of INR 286 Mn on account of: • Gain of Rs 455 million due to Fair Value adjustment in Future Acquisition Liability or StC • Transaction Expenses of Rs 77 million (inorganic) • Pru
Slide 11: Company Overview
Company Overview 10
Slide 12: Managed Training Services - Trusted by the World's Best Companies
What We Do? Managed Training Services - Trusted by the Content & Curriculum World’s Best Companies The company’s specialized learning solutions Consulting Learning include AI-Powered L&D Transformation, Immersive & Advisory Administration Learning, Customer Education Services, HCM MANAGED * Technolo
Slide 13: NLSL At A Glance
NLSL At A Glance 40+ Years of pure play 32 Global presence in 3 Top 3 Global Learning 2.5K World-class learning learning experience 32 countries Outsourcing Company professionals 100+ 500+ 40M 21K * Global Industry Awards for Learners touched Hours of custom content Customers Innovation & Impact glo
Slide 14: We Have Spread Our Wings
We Have Spread Our Wings VANCOUVER DUBLIN TOULOUSE BERGEN SHANGHAI ROCHESTER MUNICH LONDON COSTA RICA * GURUGRAM ATLANTA MALAGA SHEFFIELD MUMBAI 3 2 CO UN T R I E S | 4 0 M I L L I O N L E AR N E R S | 1 0 0 + M T S C US TO M E R S 13
Slide 15: …to transform learning across a wide range of industries.
…to transform learning across a wide range of industries. TECHNOLOGY & GLOBAL CONSULTING AND LIFE SCIENCES AND ENERGY AND TELECOM PROFESSIONAL SERVICES HEALTHCARE COMMODITIES AEROSPACE BANKING AND FINANCIAL MANUFACTURING CONSUMER RODUCTS AND AVIATION SERVICES AND INDUSTRIAL AND RETAIL HUMANITARIAN A
Slide 16: Don't take our word for it. Here's what our customers say…
Don’t take our word for it. Here’s what our customers say… NET VALUE- Responsive and CUSTOMER PROMOTER ADD Dependable SATISFACTION Customer SCORE SCORE and Reliable Focused -10 10 0 5 0 5 Deep Customer Desire to Exceed 9.03 4.39 4.13 Service Ethos Expectations NIIT VOICE OF CUSTOMER SURVEY Receptive
Slide 17: And Recognized by Industry Experts
And •..And Recognized Don’tRecognized byIndustry by take our word Experts for Experts it. Here’s what our customers say… 480 BRANDON 25 CLO 10 LEARNING 2 ATD ACCREDITED GOLD NUMBER ONE IN HALL HCM AND LEARNING IN TECHNOLOGIES EXCELLENCE IN STANDARD BY LPI, INNOVATION AND TECH AWARDS PRACTICE AWARDS
Slide 18: Consistent Growth Track Record
Consistent Growth Track Record 5 Year EBITDA 19% +20% +30% ROCE CAGR Margin # of Annuity Clients 110 Revenue in Rs. Million 19,520 93 87 16,533 15,535 80 13,618 11,323 66 58 8,254 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 REVENUE VISIBILITY STRONG CUSTOMER ADDS CAPITAL EFFICIENCY U
Slide 19: Large Market Opportunity
Large Market Opportunity $370.3Bn Others 14% Global Corporate Training Training Learning Annual Spend Tuition, $ BLUE OCEAN Tech. Delivery 44.4 Bn 31% Internal, $ Mgmt. RED OCEAN LEARNING 226.5 Bn 10% SERVICES Courses, $ 78.5 Bn Training Admin. Content Dev. Learning Tech., 15% 30% $ 5.0 Bn Learning
Slide 20: Strong Right To Win
Strong Right To Win PROPRIETARY LEARNING END-END SERVICES METHODOLOGIES WITH DELIVERY CAPABILITY GLOBAL REACH PROVEN OUTCOMES CUSTOMER CENTRICITY POLE POSITION IN AI IN STRONG BALANCE SHEET RESULTING IN 100% LEARNING WITH MANDATE TO INVEST RENEWALS IN GROWTH 19
Slide 21: …And Investing In Growth
…And Investing In Growth INVESTMENTS IN S&M NEW MARKET INORGANIC AND NEW CAPABILITIES SEGMENTS AND EXPANSION GEOGRAPHIES 20
Slide 22: Office locations
ATLANTA | BERGEN | DEBRECEN | DUBLIN | GURUGRAM | LEIPZIG | LONDON | MUNICH | ROCHESTER | SAN JOSE | SHANGHAI | SHEFFIELD | TOULOUSE | VANCOUVER 21