Slide 1: Investor presentation filing cover letter under Regulation 30
EXCELSOFT TECHNOLOGIES LIMITED Formerly known as Excelsoft Technologies Private Limited. CIN: U72900KA2000PLC027256 1-B, Hootagalli Industrial Area, Mysuru - 570 018, Karnataka, India Mail: info@excelsoftcorp.com | www.excelsoftcorp.com December 13, 2025 To To The Listing Department, The Listing Dep
Slide 2: Q2FY26 Earnings Presentation
Technologies Limited Q2FY26 Earnings Presentation
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by Excelsoft Technologies Limited (“Company”), solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completenes
Slide 4: Table of Contents
TABLE OF CONTENTS FINANCIAL Highlights COMPANY Overview BUSINESS Overview Historical ANNUAL FINANCIALS Way Ahead
Slide 5: Q2FY26 Financial Highlights
Q2FY26 FINANCIAL HIGHLIGHTS
Slide 6: Management Comment
MANAGEMENT COMMENT ” “The First Half of FY26 has been a milestone period for us, underscoring the expanding scale and maturity of our business. Our performance reflects healthy, broad-based momentum across key segments, supported by enduring client relationships, sharper execution, and continued inv
Slide 7: Achievements in H1FY26
ACHIEVEMENTS IN H1FY26 Brandon Hall Gold 2025 LearnX Platinum Award 2025 Education Excellence Award 2025 STPI IT Export Awards 2024-25 Brandon Hall Bronze 2025 LearnX Diamond Award 2025 Cyber Essential Plus (CE+) Certified ISO 27001:2022 Certified
Slide 8: Q2 FY26 Financial Highlights
Q2 FY26 FINANCIAL HIGHLIGHTS Revenue from Operations EBIDTA* & EBIDTA Margins 27.10% 200 30. 00% 180 25.90% 25. 00% 160 646 140 18.02% 538 557 120 20. 00% 100 15. 00% 80 175 60 139 10. 00% 40 100 5.0 0% 20 0 0.0 0% Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 PAT & PAT Margins Earnings Per Share (Rs) 1
Slide 9: H1 FY26 Financial Highlights
H1 FY26 FINANCIAL HIGHLIGHTS Revenue from Operations EBIDTA* & EBIDTA Margins 280 24. 20% 24.07% 24. 00% 1,203 275 23. 80% 23. 60% 270 23. 40% 275.51 265 23. 20% 23. 00% 1,085 260 22. 80% 22.90% 261.14 22. 60% 255 22. 40% 250 22. 20% H1FY25 H1FY26 H1FY25 H1FY26 PAT & PAT Margins Earnings Per Share (
Slide 10: Key Financial Ratios
KEY FINANCIAL RATIOS Return On Equity (%) Return On Capital Employed (%) Net Worth (Rs. Mn) 4.34% 5.62% 3877 1.46% 5.42% 3412 H1FY25 H1FY26 H1FY25 H1FY26 Sept '24 Sept '25 Net Debt (Rs. Mn) Net Debt to Equity (In Times) 252 0.07 0.02 55 Sept '24 Sept '25 Sept '24 Sept '25
Slide 11: Region Wise Revenue Contribution
REGION WISE REVENUE CONTRIBUTION Q2 FY25 Q2 FY26 6.20% 0.77% 1.05% 1.30% 5.19% 8.18% 22.25% 22.52% 63.05% 69.48% North America UK & Europe India Asia Other than India Australia H1 FY25 H1 FY26 6.92% 0.76% 6.73% 0.98% 6.82% 6.87% 21.55% 23.45% 61.96% 63.95%
Slide 12: Revenue Split as per Business Offering
REVENUE SPLIT AS PER BUSINESS OFFERING Q2 FY25 Q2 FY26 1.52% 5.40% 28.45% 37.31% 55.64% 53.61% 12.53% 5.53% Assessment & Procuring Solutions Learning & Student Success Solutions Education & Technology H1 FY25 H1 FY26 6.37% 6.31% 22.80% 29.61% 9.92% 52.70% 60.91% 11.38%
Slide 13: Statement of Profit and Loss Account
STATEMENT OF PROFIT AND LOSS ACCOUNT Particulars (In Rs. Mn) Q2 FY26 Q2 FY25 Y-o-Y (%) H1 FY26 H1 FY25 Y-o-Y (%) Revenue from Operation 646.07 538.13 20.06% 1,203.25 1,084.99 10.90% Other Income 40.18 35.54 84.40 64.74 Total Income 686.25 573.67 19.62% 1,287.65 1,149.73 12.00% Employee Expenses 337.
Slide 14: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (In Rs. Mn.) Sept-25 Mar-25 Particulars (In Rs. Mn.) Sept-25 Mar-25 ASSETS EQUITY AND LIABILITIES Non-Current Assets EQUITY Property, Plant & Equipment and Intangible 64.25 66.76 Equity Share Capital 1,000.84 1,000.84 Other Equity 2,876.10 2,712.10 Right of use
Slide 15: Company Overview
COMPANY OVERVIEW
Slide 16: Excelsoft: A Vertical SaaS Player
EXCELSOFT || A VERTICAL SAAS PLAYER Company Overview Key Business Highlights A global vertical SaaS company focused on learning and assessment market Over two decades of experience, providing technology-based solutions across diverse learning and assessment segments through long-term contracts
Slide 17: Journey So Far
JOURNEY SO FAR • Developed AI-levate • Acquisition of Enhanzed Education Pvt. Ltd. as a WOS • Won esteemed awards including ones from • Acquisition of partnership firm e-Assessment Association, Brandon Hall M/s Sudhanva Enterprises • Acquisition of Freedom To Learn Group, Karnataka State, STPI IT Ex
Slide 18: Experienced Promoters
EXPERIENCED PROMOTERS… • Established the company as a technology company focusing on innovative technology- enabled solutions in the education space • Over 32 years of experience in the field of IT • Holds a degree in Bachelor of Engineering in Instrumentation Technology and a degree in Master of En
Slide 19: Backed by a Professional and Experienced Management Team
…Backed by A PROFESSIONAL AND EXPERIENCED MANAGEMENT TEAM Jambardi Ramanna Maheshkumar Venkatesh Dayananda Adarsh M S Chief Operating Officer CS & Compliance Officer VP - Products & Innovation • Over 27 years of experience • Over 20 years of experience • Over 12 years of experience • Holds a degree
Slide 20: Business Overview
© EXCELSOFT oS TTY BUSINESS OVERVIEW
Slide 21: Vertical SaaS: A Dominant Trend Promising Specialized Solutions
VERTICAL SAAS || A DOMINANT TREND PROMISING SPECIALIZED, INDUSTRY-TAILORED SOLUTIONS Global Learning & Development (L&D) Market ($ Billion) Global Assessment & Proctoring Market ($ Billion) 640 ~7.06% CAGR 588 25 ~11.90% CAGR 600 545 21 508 560 520 474 20 19 480 443 416 17 390 440 400 15 13 15 360 1
Slide 22: Comprehensive Suite of Products and Services
COMPREHENSIVE SUITE OF PRODUCTS AND SERVICES Created product catalogue based on innovative research and technology to cater to client requirements in the field of vertical SaaS, learning and assessment market Products Services Assessment and Learning and Student Education Technology Learning Design
Slide 23: Products: Assessment and Proctoring Solutions
PRODUCTS: ASSESSMENT AND PROCTORING SOLUTIONS Saras E-Assessments • Offers end-to-end assessment capabilities including test creation, delivery, proctoring, on-screen marking, and advanced analytics to professional sectors, awarding bodies, test publishers, educational publishers, universities, coll
Slide 24: Products: Learning & Student Success Solutions
PRODUCTS: LEARNING & STUDENT SUCCESS SOLUTIONS • Promotes sustained • End-to-end digital publishing • Unified SaaS-based LMS • Activity-based Early Childhood • AI-driven student success engagement between students, platform helping publishers and supporting organisations in Care and Education (ECCE)
Slide 25: Products: AI Levate
PRODUCTS: AI LEVATE Steadily integrating AI across its offerings, with select AI-powered features already launched and more under continuous evaluation and development Flexible LLM Stack & Enterprise Deployment Utilizes best-fit open-source and commercial LLMs (e.g., Mistral, GPT-4o), with options f
Slide 26: Services Offered
SERVICES OFFERED Learning Design & Content Solutions Educational Technology Services High-end technology stack and deep domain knowledge enables Delivered by a team of professionals experienced in instructional company to provide services like design, learning experience design, content design and g
Slide 27: Key Competitive Strengths
KEY COMPETITIVE STRENGTHS Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities Long term relationships with global customers Expertise in delivering fully compliant digital learning and
Slide 28: Expertise in Product Engineering, Development and Implementation
EXPERTISE IN PRODUCT ENGINEERING, DEVELOPMENT AND IMPLEMENTATION Core Engineering Expertise Full Lifecycle Offerings Expertise in product engineering, development and implementation across assessments, digital learning, and …across assessments, Offering products and services that encompass the entir
Slide 29: Robust Operating Parameters
ROBUST OPERATING PARAMETERS Standardized Processes for Quality Delivery Standardized processes reduce errors and variability, ensuring reliable outcomes for customers, stakeholders, and employees Clear Guidelines and Workflows Accountability through KPIs and Metrics Set well-defined goals, responsib
Slide 30: Flexibility to Work with Diversified Technologies
FLEXIBILITY TO WORK WITH DIVERSIFIED TECHNOLOGIES Diversified Tech Expertise Interoperability & Integration Work across multiple technology stacks, not limited Their products integrate seamlessly with client to any one platform, enabling us to deliver optimal systems and are built to be interoperabl
Slide 31: Expertise in Delivering Fully Compliant Digital Solutions
EXPERTISE IN DELIVERING FULLY COMPLIANT DIGITAL SOLUTIONS… The demand for upskilling and reskilling is a significant trend reshaping the global Learning & Development (L&D) market, driven by rapid technological advancements, shifting workforce needs, and evolving business models Technology-Driven Ef
Slide 32: With Global Reach Across Diverse Markets
…WITH GLOBAL REACH ACROSS DIVERSE MARKETS
Slide 33: Long Term Relationships with Global Customers
LONG TERM RELATIONSHIPS WITH GLOBAL CUSTOMERS STRONG GLOBAL TRUST & CONSISTENT CONSULTATIVE & STRATEGIC ADVANTAGE LOYALTY, FEEDBACK & CLIENTELE VALUE DELIVERY CUSTOMER-CENTRIC & GROWTH ENABLER MARKET ALIGNMENT Have clientele spread across Global customers trust in their products APPROACH Long-term r
Slide 34: Way Ahead
WAY AHEAD
Slide 35: Key Growth Strategies
KEY GROWTH STRATEGIES PURSUE STRATEGIC ACQUISITIONS IN EDTECH Identify acquisition opportunities to accelerate growth, gain scale, reduce operational costs, and broaden service capabilities. INCREASE REVENUE FROM EXISTING & DEVELOP AI-LED PRODUCTS & ENTER ACQUIRE NEW CUSTOMERS THE AI SPECTRUM Grow p
Slide 36: Historical Annual Statements
HISTORICAL ANNUAL STATEMENTS
Slide 37: Statement of Profit and Loss Account
STATEMENT OF PROFIT AND LOSS ACCOUNT Particulars (In Rs. Mn) FY23 FY24 FY25 Revenue from Operation 1,951.04 1,982.97 2,332.91 Other Income 28.69 23.99 155.09 Total Income 1,979.73 2,006.96 2,488.00 Employee Expenses 930.13 1,082.14 1,197.17 Other Expenses 339.12 351.1 411.01 Total Expenditure 1,269.
Slide 38: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (In Rs. Mn) Mar-23 Mar-24 Mar-25 Particulars (In Rs. Mn) Mar-23 Mar-24 Mar-25 ASSETS EQUITY AND LIABILITIES Non-Current Assets EQUITY Property, Plant & Equipment and 312.87 305.50 66.76 Equity Share Capital 15.94 15.96 1,000.84 Intangible 2,027.97 1,941.47 Othe
Slide 39: Thank You
THANK YOU Prashanth H M – Head - Strategy Yash Sanghavi Tejpal Singh prashanth@excelsoftcorp.com Yash.sanghavi@adfactorspr.com Tejpal.singh@adfactorspr.com