Frog Innovations Limited · NSE:FROG
Frog Innovations — Investor Presentation (May 2026)
31 slides from Frog Innovations's investor presentation, May 21, 2026
Slide 1: Regulation 30 disclosure cover letter to NSE
May 21, 2026 To, The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai– 400051 Company Trading Symbol: FROG RE: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Slide 2: Frog Innovations Ltd. Investor Presentation May 2026
FROG INNOVATIONS LTD. (Erstwhile Frog Cellsat Ltd.) Investor Presentation May 2026 NSE – SME : FROG
Slide 3: Safe Harbour
SAFE HARBOUR This Presentation and the accompanying slides (the “Presentation”), which have been prepared by Frog Innovations Limited (Erstwhile Frog Cellsat Limited) (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 4: Contents
CONTENTS 01 BUSINESS UPDATES 02 BUSINESS OVERVIEW 03 VISION FY28 04 FINANCIAL HIGHLIGHTS
Slide 5: Business Updates
BUSINESS UPDATES
Slide 6: Management Commentary
MANAGEMENT COMMENTARY “FY26 has been a strategic transition year for the Company, marked by temporary industry-level challenges as well as expansion into multiple high- growth technology-led business verticals, strengthening the foundation for future growth. The year was impacted by moderation in te
Slide 7: Updates on New Products & Services (1/2)
UPDATES ON NEW PRODUCTS & SERVICES (1/2) PRODUCTS Electronic Status : Commercial operations Commenced CCTV Business Status : STQC approval Stage Manufacturing Services (EMS) • Successfully commenced EMS operations • CCTV product portfolio undergoing STQC with customer onboarding and deliveries appro
Slide 8: Updates on New Products & Services (2/2)
UPDATES ON NEW PRODUCTS & SERVICES (2/2) PRODUCTS Get Five Bars Status : Pilot testing phase Optical Network Status : Customer Engagement Stage Terminal (ONT) • Pilot testing underway for indoor mobile Products • Engaging with telecom operators and ISPs for connectivity enhancement solution ONT prod
Slide 9: Other Highlights
OTHER HIGHLIGHTS • Revenue from Operations in FY26 stood at Rs. 1,061 Million . • As on March 31st, 2026, the Company’s executable order book stood at Rs. 360 Million. • FY26 marked a strategic transition year with expansion into multiple growth-oriented business verticals alongside strengthening of
Slide 10: Business Overview
BUSINESS OVERVIEW
Slide 11: Frog Innovations: At a Glance
FROG INNOVATIONS : 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 LEGACY ENTERING INTO END OVERVIEW BUSINESS NEW HORIZONS USERS Expertise ac
Slide 12: Frog Innovations: A Transformative Journey
FROG INNOVATIONS : 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 system
Slide 13: 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 14: 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 15: Strong Leadership Team
STRONG LEADERSHIP TEAM KONARK TRIVEDI, SONAL TRIVEDI, UMESH SINGH, TARUN TULARAM CHARAN JEET MANAGING WHOLE TIME DEPUTY CEO SHARMA, KALRA, DIRECTOR & CO- DIRECTOR & CHRO WHOLE TIME CFO FOUNDER DIRECTOR & CTO • 29+ years of Experience in the • 21+ years of experience in • 18+ years of experience in •
Slide 16: 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 17: Vision FY28
VISION FY28
Slide 18: Vision FY28: Rs. 5,000+ Million Revenue
VISION FY28 RS. 5,000+ RS. 750+ MILLION MILLION REVENUE EBITDA www.froginno.com 17
Slide 19: Roadmap to Achieve Vision FY28
ROADMAP TO ACHIEVE “VISION FY28” Riding on the Digital Wave in India Client Base Diversification Expanding Portfolio Adding new products & service lines Exploring New Horizons www.froginno.com 18
Slide 20: Riding on the Digital Wave in India (1/2)
RIDING ON THE DIGITAL WAVE IN INDIA (1/2) DIGITAL REVOLUTION IN INDIA FIL 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 21: Riding on the Digital Wave in India (2/2)
RIDING ON THE DIGITAL WAVE IN INDIA (2/2) FIL IS THE ONLY INDIAN COMPANY WITH PROPRIETARY TECHNOLOGY TO MANUFACTURE AND DEPLOY DAS SYSTEMS Major DAS Projects executed by FIL DAS orders under Execution • Navi Mumbai International Airport • Chhatrapati Shivaji Maharaj Mumbai International Airport • No
Slide 22: Existing Portfolio Expansion
EXISTING 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 Foray into Electronic Manufacturing Services like smart meters, India Broadband $ 17.8 Bn 8.66% $37.7 Bn induction heaters, POE switches,
Slide 23: New Product Expansion (1/2)
NEW PRODUCT EXPANSION (1/2) AI E ye (Next -Gen AI vi deo analytics) Developing AI EYE – a powerful AI-driven platform designed to work with any brand of CCTV Camera, providing intelligent alerts for: ➢ Fire and smoke detection ➢ Object left/removed detection ➢ Perimeter intrusion detection ➢ PPE com
Slide 24: New Product Expansion (2/2)
NEW PRODUCT EXPANSION (2/2) G et Fi ve bars S OLUTIONS FOR DEFENCE S ECTOR In the final phase of launching Get Five Bars, a nationwide Expanding our presence in the growing Defense sector, service enabling individuals and businesses to resolve aiming to provide solutions that address the telecom ind
Slide 25: Entering into New Services
ENTERING INTO NEW SERVICES Digital connectivity rating agency ( dcra) 5G S i te I mplementation Expanded into telecom services, providing complete 5G Site FIL has been appointed by TRAI as one of the Digital Implementation services to mobile operators Connectivity Rating Agencies (DCRA) The services
Slide 26: 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.froginno.com 25
Slide 27: 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 28: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 29: Historical Profit & Loss Statement
HISTORICAL PROFIT & LOSS STATEMENT Rs. Million PARTICULARS FY24 FY25 FY26 Revenue from Operations 1,577.3 2,193.9 1,060.7 Other Income 31.9 28.4 34.2 Total Income 1,609.2 2,222.3 1,094.9 Total Exp. excl. D&A, Finance Cost & ESPS Cost 1,358.8 1,841.2 1,076.5 Adjusted EBITDA* 218.5 377.1 (10.0) Adjust
Slide 30: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Rs. Million EQUITY & LIABILITIES Mar-25 Mar-26 ASSETS Mar-25 Mar-26 Share Capital 155.3 155.5 Property, Plant & Equipment 799.0 857.4 Capital Work-in-Progress - 6.8 Reserves & Surplus 1,440.0 1,434.1 Intangible Assets* 53.6 92.3 Capital Reserve on Consolidation 4.1 - Defer
Slide 31: Thank You
THANK YOU FROG INNOVATIONS LIMITED ERNST & YOUNG LLP MR. RAJAT SHARMA ROHIT ANAND / DHRUV BANSAL / RIDDHANT KAPUR DEPUTY COMPANY SECRETARY & Rohit.anand4@in.ey.com COMPLIANCE OFFICER Dhruv.bansal1@in.ey.com cs@froginno.com Riddhant.kapur@in.ey.com Registered Office: Office No. 1 G.F, Old Gupta Colon