Slide 1: Frog Cellsat Limited Investor Presentation
FROG CELLSAT LIMITED Investor Presentation May 2025 NSE – SME : FROG
Slide 2: Safe Harbour
SAFE HARBOUR This Presentation and the accompanying slides (the “Presentation”), which have been prepared by Frog Cellsat Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 3: Contents
CONTENTS 01 BUSINESS OVERVIEW 02 VISION FY28 03 FINANCIAL HIGHLIGHTS
Slide 4: Business Overview
BUSINESS OVERVIEW
Slide 5: Frog Cellsat: At a Glance
FROG CELLSAT : AT A GLANCE A leading Indian Design House and Manufacturer providing advanced wireless coverage enhancement solutions, ensuring seamless connectivity and reliability to millions of users worldwide CORPORATE BUSINESS END ROBUST OVERVIEW VERTICALS USERS FINANCIALS Expertise across the e
Slide 6: Frog Cellsat: A Transformative Journey
FROG CELLSAT : A TRANSFORMATIVE JOURNEY A leading manufacturer of advanced radio frequency equipment in India 2004 - 2009 2010 - 2020 2021 - 2024 2025 & Beyond • Started as a marketing agent for a • Started BTS related services • Company listed on NSE – SME • Successful delivery of OneDAS systems re
Slide 7: Leading End-to-End Telecom Solutions Provider
LEADING END-TO-END TELECOM SOLUTIONS PROVIDER ACTIVE DAS SYSTEMS REPEATERS IBS ACCESSORIES NETWORK ACCESSORIES ANTENNAS • Active DAS systems deliver • Advanced digital repeaters • Seamless integration for in- • An extensive selection of • Offering extensive coverage robust and reliable wireless whic
Slide 8: State-of-the-Art Manufacturing and R&D Set-up
STATE-OF-THE-ART MANUFACTURING AND R&D SET-UP State-of-the-art manufacturing facility in Noida spread across 1.6 lakh sq. ft., equipped with the latest technology to ensure the highest quality standards Centralised operations resulting in overall efficiency and better quality control Noida facility
Slide 9: Strong Leadership Team
STRONG LEADERSHIP TEAM KONARK TRIVEDI, SONAL TRIVEDI, UMESH SINGH, TARUN SHARMA CHARAN JEET MANAGING EXECUTIVE DEPUTY CEO EXECUTIVE KALRA, DIRECTOR & CO- DIRECTOR & CHRO DIRECTOR & CTO CFO FOUNDER • 29+ years of Experience in the • 21+ years of experience in • 18+ years of experience in • 32+ years
Slide 10: Core Competencies
CORE COMPETENCIES Economical Product Pricing helps in retaining existing State-of-the-art Manufacturing Facility at Noida allows customers and attracting new customers efficient manufacturing of a wide range of products Extensive client base includes industry leaders like Airtel, Robust R&D Capabili
Slide 11: Vision FY28
VISION FY28
Slide 12: Vision FY28: Rs. 5,000+ Million Revenue
VISION FY28 RS. 5,000+ RS. 750+ MILLION MILLION REVENUE EBITDA www.frogcellsat.com 12
Slide 13: Roadmap to Achieve Vision FY28
ROADMAP TO ACHIEVE “VISION FY28” Riding on the Digital Wave in India Client Base Diversification Product Portfolio Expansion Exploring New Horizons www.frogcellsat.com 13
Slide 14: Riding on the Digital Wave in India (1/2)
RIDING ON THE DIGITAL WAVE IN INDIA (1/2) DIGITAL REVOLUTION IN INDIA FCL IS STRATEGICALLY POSITIONED TO CAPTURE OPPORTUNITY Surging Demand for India’s position as A leading organisation having a strong focus on diversifying its Advanced wireless the 2nd largest portfolio to offer a wide range of bo
Slide 15: Riding on the Digital Wave in India (2/2)
RIDING ON THE DIGITAL WAVE IN INDIA (2/2) FCL IS THE ONLY INDIAN COMPANY WITH PROPRIETARY TECHNOLOGY TO MANUFACTURE AND DEPLOY DAS SYSTEMS Major DAS Projects executed by FCL DAS orders under Execution • Navi Mumbai International Airport • Chhatrapati Shivaji Maharaj Mumbai International Airport • No
Slide 16: Product Portfolio Expansion
PRODUCT PORTFOLIO EXPANSION ADDITION OF S URFACE MOUNT T ECHNOLOGY (SMT) LI NE OPPORTUNITY / G ROWTH DRIVERS IN PRODUCTS UNDER S MT LINE Opportunity in Broadband Marks foray into Manufacturing-As-A-Service India Broadband $ 16.34 Bn 9.12% $35.85 Bn Services Market (Source) 2024 CAGR 2033 SMT line wi
Slide 17: Client Base Diversification
CLIENT BASE DIVERSIFICATION Domestic Mobile Operators In-building Coverage Infra Providers SI & Telecom Equipment Providers Large Project Developers Government & Defence International Mobile Operators & SI www.frogcellsat.com 17
Slide 18: Exploring New Horizons
EXPLORING NEW HORIZONS PRESENCE ACROSS GEOGRAPHIES GLOBAL EXPANSION STRATEGY Forming collaborations with partners, system integrators and resellers globally International Sales & London Support Centre Headquarter, R&D & Current focus geographies include Europe and Africa Manufacturing Units Gibralta
Slide 19: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 20: FY25 Key Financials
FY25 KEY FINANCIALS Rs. Million REVENUE ADJUSTED EBITDA* EBITDA PAT MARGIN % FY25 FY25 FY25 FY25 2,193.9 39.1% 377.1 72.6% 352.7 72.8% 235.5 51.7% 1,577.3 YOY% 218.5 YOY 204.1 YOY 155.2 YOY FY24 FY24 FY24 FY24 ADJUSTED EBITDA* EBITDA PAT ORDER BOOK Margin Margin Margin FY25 FY25 FY25 31st Mar 2025 1
Slide 21: Q4 & FY25 Profit & Loss
Q4 & FY25 PROFIT & LOSS Rs. Million PARTICULARS Q4FY25 Q4FY24 FY25 FY24 Revenue from Operations 484.8 445.0 2,193.9 1,577.3 Other Income 2.6 24.3 28.4 31.9 Total Income 487.4 469.3 2,222.3 1,609.2 Total Exp. excl. D&A, Finance Cost & ESPS Cost 416.8 369.6 1,841.2 1,358.8 Adjusted EBITDA* 68.0 75.4 3
Slide 22: Historical Profit & Loss Statement
HISTORICAL PROFIT & LOSS STATEMENT Rs. Million PARTICULARS FY23 FY24 FY25 CAGR (FY23-25) Revenue from Operations 1,351.9 1,577.3 2,193.9 27.4% Other Income 10.9 31.9 28.4 Total Income 1,362.8 1,609.2 2,222.3 27.7% Total Exp. excl. D&A, Finance Cost & ESPS Cost 1,111.1 1,358.8 1,841.2 Adjusted EBITDA
Slide 23: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Rs. Million EQUITY & LIABILITIES Mar-24 Mar-25 ASSETS Mar-24 Mar-25 Share Capital 154.4 155.3 Property, Plant & Equipment 786.8 799.0 Capital Work-in-Progress - - Reserves & Surplus 1,173.3 1,440.0 Intangible Assets 29.5 53.6 Capital Reserve on Consolidation 4.1 4.1 Deferr
Slide 24: Thank You
THANK YOU FROG CELLSAT LIMITED ERNST & YOUNG LLP MR. RAJAT SHARMA ROHIT ANAND / RIDDHANT KAPUR DEPUTY COMPANY SECRETARY & Rohit.anand4@in.ey.com COMPLIANCE OFFICER Riddhant.kapur@in.ey.com cs@frogcellsat.com Registered Office: Office No. 406, D-35, Third Floor, Old Plot No. 2-A, Delhi – 110092 Corp.