Slide 1: Regulation 30 intimation to BSE
Ref No: MSAFE/SE/2026-27/12 Date: 11.05.2026 To, Corporate Relationship Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400001 BSE Scrip Code: 544695 Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Req
Slide 2: Built Strong. Built Safe. Investor Presentation
Built Strong. Built Safe. Investor Presentation www.msafegroup.com
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Msafe Equipments Ltd(The “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Msafe Equipments – A Scaffolding & Access Solutions Provider
Msafe Equipments – A Scaffolding & Access Solutions Provider Msafe Equipments, a Delhi-based Safety Equipment company with manufacturing operations located in Greater Noida, Uttar Pradesh. ₹ 103.5 Cr 39.49% Revenue in FY26 EBITDA Margin Engaged in the manufacturing, sale, and rental of scaffolding i
Slide 5: Integrated Manufacturing and Rental Business Model
Integrated Manufacturing and Rental Business Model Msafe designs, manufactures, sells, and rents access and height-safety equipment for industrial, construction, and infrastructure sectors, offering safe, reliable, and customizable solutions supported by robust design capabilities and timely deliver
Slide 6: Rental Business Model
Rental Business Model MS Scaffolding Aluminium Rental Yield Rental Yield 32-38% 60-66% Expanding rental business through ₹6 crore capex to build 748 tonnes of specialized rental equipment.
Slide 7: Promoter-Driven Management Team
Promoter-Driven Management Team About MSAFE The Company is led by a promoter-driven management team with experience across manufacturing, operations, finance, and business development Promoters are actively involved in strategic decision-making, operational execution, and business growth Pradeep Agg
Slide 8: Led by Experienced Professional Management
Led by Experienced Professional Management Rajani Ajay Kanoi Monika Agarwal Gaurav Ajay Kumar Kanoi Non- Executive Director Inside Sales Head GM Sales Sombir Bisla Vipin Kumar Jha Hitender Chief Financial Officer Finance Controller Chief executive officer
Slide 9: Led by Experienced Professional Management
Led by Experienced Professional Management Vibha Kapoor Ashish Rai Vansh Aggarwal Rahul Kandoi Infra Sales Head Operation Manager IT Head GM Steelsafe Renuka Uniyal Rajneesh Kumar Rachit Jain Pratyush Verma Company Secretary & President MRO & Ladder Business Head-Formwork Country Project Manager Com
Slide 10: Management Commentary
Management Commentry We are pleased to have successfully raised growth capital through our IPO, which is Timeline Multi-Model Strongdeployed being strategically Financial towards expanding our scaffolding capacity by nearly 2x. Perfromance Business I am also pleased to share that the MS scaffolding
Slide 11: Steel Scaffolding Projects
STEEL SCAFFOLDING PROJECTS SMCORE INDIA PRIVATE LIMITED Site — Reliance Greens, Jamnagar Dist. HINDALCO — TATA PROJECTS Micron Site - Sanand, Gujarat J J Sanand, Ahmedabad
Slide 12: Aluminium Scaffolding Projects
ALUMINIUM SCAFFOLDING PROJECTS 11
Slide 13: Diverse and Reputed Customer Base
Diverse and Reputed Customer Base The Company serves a diversified customer base across infrastructure, construction, industrial, HVAC, and interior fit-out segments. During FY26, over 2,500 customers were served through sales and rental channels, supporting stable, repeat business.
Slide 14: Key Financial Highlights
Key Financial Highlights Revenue EBITDA PAT (in ₹ Lakhs) (in ₹ Lakhs) (in ₹ Lakhs) 10,349.96 4086.75 2242.02
Slide 15: Key Financial Highlights
Key Financial Highlights PAT Margin (in %) EBITDA Margin (in %) 21.66% ROE (in %) ROCE (in %)
Slide 16: Revenue Mix by Product and Services
Revenue Mix by Product and Services Revenue Bifurcation The Company follows a balanced revenue model (₹ in lakh) comprising: Rental Services – the largest and most stable contributor 10,349.96 Sale of Products – growing contribution driven by in-house manufacturing Other Operating Income – ancillary
Slide 17: Capacity Expansion to Support Multi-Year Growth
Capacity Expansion to Support Multi-Year Growth Aluminium Scaffolding & Ladders MS Scaffolding (in units lakhs) (in units lakhs) Growth Bridge Capacity Expansion: MS scaffolding capacity has been expanded through temporary Overall manufacturing capacity to increase by ~Nearly 2× post rented faciliti
Slide 18: Expansion into Aluminium Formwork Solutions
Expansion into Aluminium Formwork Solutions • Aluminium Formwork is a modern construction system used for monolithic casting of walls, slabs, columns, and beams. • Enables faster construction, superior quality, and high structural strength with minimal finishing. • Ideal for high-rise buildings, mas
Slide 19: Key Investment Rationale
Key Investment Ratioanle Timeline Multi-Model Shift to Strong Financial Demand Tailwinds Organised Sector Perfromance Business CapacityShift from bamboo to Organised, pan-India ROE 36.27% Revenue comes from two metal scaffolding, rising player in a highly ROCE 24.32 Expansion sources sales and renta
Slide 20: Way Forward
Way Forward Capacity Already Capacity Expansion Expansion into Strengthening Geographic & Execution-Driven Expanded Plans Underway Formwork Solutions Rental-Led Model Customer Expansion Growth & Profitability Establishing an owned Enter formwork to evolve MS scaffolding Scale rental asset base Stren
Slide 21: Strategic updates since IPO: Where we stand today?
Strategic updates since IPO: Where we stand today? Capacity Expansion Underway Rental Asset Base Scaling Up Deployment of IPO proceeds is in progress, with Significant focus on building rental inventory and work initiated on the new manufacturing facility. enhancing recurring revenue visibility. Ent
Slide 22: Annexure: Profit & Loss Statement
Annexure: Profit & Loss Statement Amt (INR Lakhs) Particulars As at Mar 31, 2026 As at Mar 31, 2025 (YOY CHANGE) Revenue From Operations 10,349.96 7,134.07 + 45.08% Other Income 55.9 28.11 Total Revenue 10,405.86 7,162.18 + 45.29% Cost of Material Consumed 3,367.39 2,017.82 Changes in Inventories -1
Slide 23: Annexure: Profit & Loss Statement
Annexure: Profit & Loss Statement Amt (INR Lakhs) Particulars H2FY26 H2FY25 (YOY CHANGE) Revenue From Operations 5,448.88 3,924.43 + 38.84% Other Income 49.7 27.56 Total Revenue 5,498.58 3,951.99 + 39.14% Cost of Material Consumed 1,705.53 872.29 Changes in Inventories -546.93 98.24 Employee Benefit
Slide 24: Annexure: Balance Sheet
Annexure: Balance Sheet Amt (INR Lakhs) As at Mar 31, As at Mar 31, As at Mar 31, As at Mar 31, EQUITY AND LIABILITIES ASSETS 2026 2025 2026 2025 (1) Shareholder's Funds (1) Non-Current Assets Share Capital 2,040.00 100 Property, Plant & Equipment 4,871.11 3,935.52 Reserves and Surplus 7,760.78 2,46
Slide 25: Industry Outlook – Indian Scaffolding Market
Industry Outlook – Indian Scaffolding Market Market size was ₹7,208.97 crore in 2024 and is Indian Scaffolding Market expected to reach ₹12,811.78 crore by 2030 with (₹ in Crore) 10.06% CAGR. . 0 6% Growth driven by new highways, metro corridors, and R : 10 CAG ₹12,811.78 industrial parks. Rising ad
Slide 26: Industry Outlook - Indian Ladders Market
Industry Outlook - Indian Ladders Market India ladder market was ₹1,358.27 crore in Indian Ladders Market 2024 and expected to reach ₹2,233.90 crore (₹ in Crore) by 2030 with 8.65% CAGR. % Growth is driven by urbanization, 8. 6 5 R: construction, manufacturing, and CAG ₹2,233.90 infrastructure proje
Slide 27: Thank You
Address: A-57, 7th Floor, Sector-136, Noida, UP - 201301 Phone: +91-88822 07104 E-mail: cs@msafegroup.com Website: www.msafegroup.com CIN: U29309DL2019PLC353936 Thank You Moonwalk Capital IR Team Phone: +917014618970 E-mail: moonwalkventuresinfo@gmail.com