Submission of transcript of Earnings calls held on May 21, 2026 on the financial results for the quarter and year ended March 31, 2026

Indiqube Spaces reported FY26 record performance with revenue of INR 1,469 crores (37% YoY), EBITDA crossing INR 300 crore (60% YoY growth), and PAT of INR 125 crores (145% YoY). EBITDA margin expanded from 18% to 21% and PAT margin from 5% to 9%, driven by adding ~1.6 million sq ft and 15 new centers. Occupancy improved to 88% steady state. Value-added services (VAS) contribution rose from 12% to 15% of revenue. A 4 MW solar plant in Latur is now operational, joining a 20 MW plant in Yadgir; ~30-35 MW of additional solar capacity is planned for FY27 at ~INR 125-150 crore CAPEX. Management guided FY27 revenue growth of 25%-30% and EBITDA margin of 18%-21%, with ongoing seat additions of 1.5-2 million sq ft per year.