Elgi Equipments Limited · NSE:ELGIEQUIP

Elgi Equipments — Q2 FY26 Earnings Presentation

9 slides from Elgi Equipments's earnings presentation, Nov 13, 2025

  1. Slide 1: Presentation of Q2 2025-26 Analyst/Investor Con-call (exchange letter)

    -- .- . ® I:: LI.I I November 13, 2025 Na onal Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G Bandra Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Scrip Code: ELGIEQUIP BSE Scrip Code: 522074 Dear

  2. Slide 2: Analyst Call Q2 FY26

    -- t:LLII .- . Always Better. Analyst Call Q2 FY26 13 November 2025

  3. Slide 3: Q2 FY26 vs Q2 FY25 EBITDA reconciliation

    Q2 FY 26 VS Q2 FY 25 EBITDA reconciliation INR Mn 521 (64) 1,419 (248) 1,442 (187) PY Volume Impact Contribution % Employee Cost Other exp CY  Sales grew by 11%  EBITDA should have been INR 1,876 Mn based on the contribution of increased sales  However, EBITDA is INR 1,442 Mn. This is on account

  4. Slide 4: Sales highlights

    Q2 FY 26 Sales highlights INR Mn 120+ Countries where ELGi does business 28 vs. Previous year Countries with direct presence INDIA NORTH AMERICA EUROPE 3 AUSTRALIA ATS Countries with manufacturing MIDDLE EAST presence BRAZIL SOUTH EAST ASIA ELGi Always Better. Confidential. For Internal Circulation O

  5. Slide 5: Financial highlights

    Q2 FY 26 Financial highlights INR Mn Revenue PBT FY26 Q2 9,680 FY26 Q2 1,670 FY26 Q1 8,667 FY26 Q1 1,177 FY25 Q4 9,929 FY25 Q4 1,403 FY25 Q3 8,476 FY25 Q3 1,106 [_ _ _ _ _) [_ _ _ _ _) FY25 Q2 8,689 FY25 Q2 1,307 Revenue PBT I  Growth over Previous year by 11% I l.=___ _ _ _I  Growth over Previous

  6. Slide 6: Sales Mix

    Q2 FY 26 Sales Mix Compressors Vs. Automotive 8% 8% 8% 7% 9% 8% 9% 8% 9% 92% 92% 92% 93% 91% 92% 91% 92% 91% T Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 ■ Compressors ■ Automotive Compressors - India vs ROW 52% 46% 51% 50% 51% 48% 51% 52% 55% 48% 54% 49% 50% 49% 52% 49%

  7. Slide 7: Consolidated financials

    Consolidated financials INR Mn INR Mn Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Sales 8,689 8,667 9,680 16,699 18,347 Material Cost 4,124 4,145 4,658 7,974 8,803 Employee Cost 1,696 1,856 1,944 3,380 3,800 Other Expenses 1,450 1,452 1,636 2,762 3,089 EBITDA 1,419 1,214 1,442 2,583 2,655 EBITDA % 16.3%

  8. Slide 8: Net Cash Position

    Q2 FY 26 Net Cash Position INR Mn Net cash 5,316 4,745 4,188 3,627 1,897 Sep-24 Dec-24 Mar-25 Jun-25 L__) Sep-25 Particulars Sep-24 Sep-25 Cash 6,434 9,568 Debt (4,537) (4,252) Net Cash 1,897 5,316 ELCi i Always Better. Confidential. For Internal Circulation Only | Copyright © ELGI EQUIPMENTS LIMITED

  9. Slide 9: Thank you

    ELCi i Always Better. Thank you

Elgi Equipments — Q2 FY26 Earnings Presentation on 6ix