SURAJEST

Current scenario - Healthy sales momentum witnessed in Q2 FY27 with sales value at INR206 crores (up 35% YoY) and collections at INR104 crores (up 46% YoY). - H1 FY27 sales value reached INR347 crores, marking a 48% YoY growth. - Total income for Q2 FY27 stood at INR171 crores, while EBITDA stood at INR56 crores with a 33% margin and PAT at INR23 crores. Management Guidance & Outlook - Reaffirmed FY27 presales guidance of INR700 crores. - Targeting to bring net debt down from INR710 crores to around INR600 crores by the end of the financial year. - Expects commercial segment to contribute larger share to profitability and cash flows due to large project sizes like One Business Bay. Growth Drivers & Capex - Strong traction in Suraj One Business Bay in Mahim, with an expanded GDV potential of around INR2,000 crores. - Planned launches in Q3 FY27 include Suraj Nova (Lobo Villa/Ellis Villa) and Suraj Madonna, totaling INR250 crores in combined GDV. - Continued focus strictly on South Central Mumbai through value luxury residential and commercial redevelopment opportunities.

- Suraj Estate Developers Limited has issued a notice of postal ballot dated October 31, 2026, to seek shareholder approval for special business. - The agenda includes the reappointment of Mr. Satyendra Shridhar Nayak as an Independent Director for a second term of five consecutive years, starting from December 3, 2026, up to December 2, 2031. - The remote e-voting period begins at 9:00 a.m. (IST) on Tuesday, November 3, 2026, and concludes at 5:00 p.m. (IST) on Wednesday, December 2, 2026. - The cut-off date for determining eligible shareholders for voting is Friday, October 30, 2026. - Results of the postal ballot will be declared on or before Thursday, December 3, 2026.

- Suraj Estate Developers Limited submitted the audio recording of the analyst/investors conference call held on November 02, 2026. - The call discussed the performance for the quarter and half year ended September 30, 2026. - The audio recording has been made available on the company website.

- Q2 FY27 sales value reached ₹206 Cr; collections stood at ₹104 Cr - Revenue from operations rose 18% YoY to ₹170 Cr, while PAT declined 30% YoY to ₹23.1 Cr - Reaffirmed FY27 pre-sales guidance of ₹700 Cr - Expanded Suraj One Business Bay GDV potential to ~₹2,000 Cr via adjoining land acquisition

- Q2 FY27 Sales Value increased 35% YoY to ₹206 Cr; Collections grew 46% YoY to ₹104 Cr. - Total Income rose 18% YoY to ₹171 Cr, while PAT declined 30% YoY to ₹23 Cr. - Management reiterated confidence in achieving its FY27 pre-sales guidance of ₹700 Cr.

Q2 FY27 Consolidated Revenue ₹170.04Cr vs ₹144.56Cr (▲18% YoY) EBITDA ₹55.41Cr vs ₹64.75Cr (▼14% YoY) PAT ₹23.07Cr vs ₹33.01Cr (▼30% YoY) EBITDA Margin 32.6% vs 44.8% (▼1220bps)

Q2 FY27 Consolidated Revenue ₹170.04Cr vs ₹144.56Cr (▲18% YoY) EBITDA ₹55.41Cr vs ₹64.75Cr (▼14% YoY) PAT ₹23.07Cr vs ₹33.01Cr (▼30% YoY) EBITDA Margin 32.6% vs 44.8% (▼1220bps)

Q2 FY27 Consolidated Revenue ₹170.04Cr vs ₹144.56Cr (▲17.6% YoY) EBITDA ₹55.41Cr vs ₹64.75Cr (▼14.4% YoY) PAT ₹23.07Cr vs ₹33.01Cr (▼30.1% YoY) EBITDA Margin 32.6% vs 44.8% (▼1220bps)

Concall Schedule Concall Date: Monday, November 02, 2026 Concall Time: 03:30 PM

Concall Schedule Concall Date: Monday, 2nd November 2026 Concall Time: 2:00 PM, IST

- Board Meeting scheduled on October 31, 2026, to consider and approve Q2 and H1 FY27 unaudited standalone and consolidated financial results. - Trading window remains closed until 48 hours post declaration of results.