Investor Presentation

Here's a summary of the investor presentation, tailored for retail investors: **Business Performance:** DevX reported strong growth, with standalone revenue up 34.3% YoY to ₹171 Cr in FY26. EBITDA margin expanded to a healthy 60.5%, and Profit Before Tax (PBT) surged 922% to ₹10 Cr, marking the second consecutive year of profitability.

Consolidated revenue also showed robust growth of 42.2% YoY to ₹226 Cr. **Growth Drivers or Strategy:** The company's strategy of focusing on Tier-2 cities continues to pay off, with 71.63% of revenue coming from these markets.

Their "asset-light" expansion model, particularly the Development Management approach, is a key differentiator, allowing them to partner with landowners and build Grade A+ assets without significant upfront capital expenditure. **Recent Developments:** DevX secured India's largest single managed office contract for 8 Lakh Sq.

Ft. in Ahmedabad, projecting ₹120 Cr in annual revenue.

They are also expanding their operational capacity to approximately 30 Lakh Sq.

Ft. by FY28. **Key Financial Metrics:** Standalone revenue grew 34.3% YoY to ₹171 Cr, and standalone EBITDA margin improved to 60.5%. Consolidated revenue increased 42.2% YoY to ₹226 Cr, with consolidated EBITDA margin at 48.4%. **Management Commentary / Outlook:** Management is confident about future growth, driven by the ongoing migration of GCCs to Tier-2 cities and a strong contracted pipeline.

They aim to replicate their successful Ahmedabad model in other Tier-2 markets and expand their operational capacity significantly.