Excelsoft Technologies Limited — Investor Presentation 2026

May 22, 2026

EXCELSOFT

EXCELSOFT TECHNOLOGIES LIMITED

Formerly known as Excelsoft Technologies Private Limited.

CIN: L72900KA2000PLC027256

1-B, Hotagalli Industrial Area, Mysuru - 570 018, Karnataka, India

0821-4282000 compliance.officer@excelsoftcorp.com www.excelsoftcorp.com

May 23, 2026

To

The Listing Department,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai – 400001,

Maharashtra, India.

Scrip Code: 544617

ISIN: INE606N01019

To

The Listing Department

National Stock Exchange of India Limited,

Exchange Plaza, Bandra Kurla Complex,

Bandra (East), Mumbai – 400051,

Maharashtra, India.

Scrip Symbol: EXCELSOFT

Subject: Investor presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,

Dear Sir/Madam,

With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed, the investor presentation for the 4th (fourth) quarter and financial year ending March 31, 2026.

The Company will use this presentation for any meeting scheduled with analysts or institutional investors up to the end of next quarter.

The above information is also available on the website of the Company at

https://www.excelsoftcorp.com/investors/

Details as required to be disclosed as per BSE’s Circular No. 20230714-34 dated July 14, 2023, and NSE’s Circular No. NSE /CML/2023/57 dated July 14, 2023, are as under:

1	Date of occurrence of Event / Information:	May 23, 2026
2	Time of occurrence of Event/ Information:	01:50 (IST)

Kindly take the above information on record.

Thanking you,

For Excelsoft Technologies Limited,

(Formerly known as Excelsoft Technologies Private Limited)

S M ADITHYA

JAIN

Digitally signed by S

M ADITHYA JAIN

Date: 2026.05.23

03:18:51 +05'30'

S M Adithya Jain,

Company Secretary, Chief Compliance Officer and

Chief Investor Relations Officer

(ICSI Membership No.: A49042)

Place: Mysuru

Enclosed: Investor Presentation

Kuvempunagar, Mysuru

Nikhil Plaza, 1310 & 1333,

Gaganachumbi Double Rd,

Block K, G & H Block, Kuvempu Nagara,

Mysuru-570 023, Karnataka, India

Hyderabad

2nd floor, IMAGE Incubation centre,

Software Technology Parks of India,

Divyasree solitaire, Plot No. 14 & 15,

Software Units layout, HITEC City, Madhapur,

Hyderabad - 500081, Telangana, India

Noida

Plot no. A 42/6, Suite No.401,

4th Floor, Sector - 62,

Noida - 201301, Uttar Pradesh, India

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EXCELSOFT

Technologies Limited

Q4 & FY26 Earnings

Presentation

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EXCELSOFT

DISCLAIMER

This presentation has been prepared by Excelsoft Technologies Limited ("Company"), solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. None of the Company nor any of its respective affiliates, advisers or representatives, shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.

The information contained in this presentation is only current as of its date. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to number of factors, including future changes or developments in the Company's business, its competitive environment, information technology and political, economic, legal and social conditions in India.

Please note that this presentation is based on the publicly available information including but not limited to Company's website and Annual Reports.

This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Please note that investments in securities are subject to risks including loss of principal amount.

This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.

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TABLE OF CONTENTS

EXCELSOFT

FINANCIAL Highlights

COMPANY Overview

BUSINESS Overview

Historical ANNUAL FINANCIALS

Way Ahead

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EXCELSOFT

Q4 & FY26 FINANCIAL HIGHLIGHTS

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MANAGEMENT COMMENT

EXCELSOFT

FY2026 was a landmark year for Excelsoft Technologies — one defined by our successful public listing, strong operational execution, strategic leadership appointments, and transformational client wins that further cemented our standing as a trusted global partner in education technology and assessment solutions.

We were pleased to welcome Mr. Doreswamy Palaniswamy as Chief Executive Officer, whose extensive global experience will be instrumental in accelerating our international expansion and realising our long-term growth ambitions.

On the business front, we secured some of the most significant engagements in our history — including a major partnership with a leading UK examination body and a prominent US online course content provider — demonstrating both the depth of our capabilities and our growing relevance on the world stage. We further strengthened our partner ecosystem through key collaborations with VTCT Skills (UK) and the Civil Service Commission of the Philippines.

Growth across the year was underpinned by strong momentum in Educational Technology Services, increasing adoption of our assessment platforms, and rising demand for AI-led digital learning solutions. In parallel, we continued to invest meaningfully in AI capabilities, secure infrastructure, talent, and innovation — building the foundation for sustained long-term competitiveness.

With deepening client relationships, an expanding global footprint, and a maturing suite of AI-driven capabilities, Excelsoft enters the next phase of its journey well positioned for sustainable growth and enduring value creation.

DHANANJAYA SUDHANVA

Chairman & Managing Director

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EXCELSOFT

Q4 FY26 FINANCIAL HIGHLIGHTS

Revenue from Operations

EBIDTA* & EBIDTA Margins

PAT & PAT Margins

Earnings Per Share (Rs)

The decrease in EBITDA is attributable to higher other expenses, primarily driven by the hiring of consultants in the US and UK to strengthen the team at client locations.

EBITDA is calculated excluding Other Income
All Amounts in INR Mn

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EXCELSOFT

FY26 FINANCIAL HIGHLIGHTS

Revenue from Operations

EBIDTA* & EBIDTA Margins

PAT & PAT Margins

Earnings Per Share (Rs)

*EBITDA is calculated excluding Other Income

*All Amounts in INR Mn

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EXCELSOFT

REGION WISE REVENUE CONTRIBUTION

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REVENUE SPLIT AS PER BUSINESS OFFERING

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EXCELSOFT

STATEMENT OF PROFIT AND LOSS ACCOUNT

Particulars (In Rs. Mn)	Q4 FY26	Q4 FY25	Y-o-Y (%)	FY26	FY25	Y-o-Y (%)
Revenue from Operation	811.62	699.18	16.08%	2,725.21	2,332.91	16.82%
Other Income	55.29	53.25		186.13	155.09
Total Income	866.91	752.43	15.22%	2,911.39	2,488.00	17.02%
Employee Expenses	357.33	297.42		1,390.32	1,197.17
Other Expenses	208.61	118.39		603.61	411.01
Total Expenditure	565.99	480.23	31.82%	2,270.52	1,892.50	19.97%
EBITDA*	245.63	283.37	(13.31%)	731.23	724.73	0.90%
EBITDA Margin	30.27%	40.53%	(1,027) bps	26.83%	31.07%	(424) bps
Depreciation	60.95	57.37		241.28	246.46
EBIT	184.68	226.00	(18.28%)	489.95	478.27	2.44%
EBIT Margin	22.75%	32.32%		17.98%	20.50%
Interest / Finance Cost	6.08	7.05		35.26	37.86
Profit before exceptional item and taxes	233.94	272.20	(14.06%)	640.87	595.50	7.62%
Exceptional Item**	6.72	-		47.44	-
PBT	227.22	272.20	(16.52%)	593.43	595.50	(0.35%)
Tax	61.23	67.41		159.62	248.54
PAT	165.99	204.79	(18.95%)	433.81	346.96	25.03%
PAT Margin	20.45%	29.29%	(807) bps	15.92%	14.87%	30 bps
Basic EPS	1.50	2.11		4.12	3.47

EBITDA is calculated excluding Other Income
*Exceptional items includes impact of Labour Codes

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EXCELSOFT

CONSOLIDATED BALANCE SHEET

Particulars (In Rs. Mn.)	Mar-26	Mar-25
ASSETS
Non-Current Assets
Property, Plant & Equipment and Intangible	570.99	66.76
Right of use asset	63.16	84.64
Goodwill	124.18	124.18
Other Intangible Assets	879.63	1,071.48
Intangible assets under development	122.40	0
Financial Assets
Other Financial Assets	2,398.23	2,204.11
Other Non Current Assets	43.82	3.90
Current Assets
Financial Assets
Trade Receivables	464.09	344.09
Cash & Cash Equivalents	648.71	154.12
Other Bank balances	812.32	185.70
Other financial assets	314.82	200.14
Income tax assets (net)	0	0
Other Current Assets	339.86	249.22
Total Assets	6,782.21	4,688.34
Particulars (In Rs. Mn.)	Mar-26	Mar-25
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EQUITY AND LIABILITIES
EQUITY
Equity Share Capital	1,150.84	1,000.84
Other Equity	4,632.42	2,712.15
Non-Current Liabilities
Financial Liabilities
Lease Liabilities	48.19	62.77
Long Term Provisions	245.20	186.32
Deferred Tax Liabilities( net)	34.00	57.09
Current Liabilities
Financial Liabilities
Short term Borrowings	0	265.89
Lease Liabilities	17.58	22.64
Trade Payables
A) Total outstanding dues of micro enterprises and small enterprises	8.18	0.92
B) Total outstanding dues of creditors other than micro enterprises and small enterprises	180.25	78.08
Other Current Liabilities	331.85	231.54
Provisions	88.36	65.54
Income Tax Liabilities (Net)	45.34	4.55
Total Equity & Liabilities	6,782.21	4,688.34

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EXCELSOFT

COMPANY OVERVIEW

12 |

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EXCELSOFT

EXCELSOFT

EXCELSOFT || A VERTICAL SAAS PLAYER

Company Overview

• A global vertical SaaS company focused on learning and assessment market
• Over two decades of experience, providing technology-based solutions across diverse learning and assessment segments through long-term contracts with enterprise clients worldwide
• Cloud-based platforms are with open and industry standards-compliant APIs
• Driven by innovation and product engineering capabilities, enabling robust product development and customised solutions through proprietary platform
• Harnessing the power of AI through domain tailored models; investment in proprietary GPU farm

Key Business Highlights

25+	Years of Experience	21	Countries Present in	1,109
11	Avg Vintage of Top 10 Clients	90	Number of Clients	Number of Employees

Business Segments

Products

Assessment and Fracturing Solutions	Learning and Student Success Solutions
Saras
xAssessments	Saras
Learning
easyProctor
Low Balance Fracturing	OpenPage
	InabiED™
	COLLEGE
ISPARC

Services

EDUCATION TECHNOLOGY SERVICES
END-TO-END PRODUCT ENGINEERING AND A RANGE OF CUSTOMIZED SOLUTIONS
LEARNING DESIGN & CONTENT SOLUTIONS
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CONTAIN A VARIETY OF CONTENT RELATED SERVICES LIKE AUTHORING, EDITORIAL AND CONTENT CONVERSION

Marquee Clients

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EXCELSOFT

JOURNEY SO FAR

• Acquisition of partnership firm M/s Sudhanva Enterprises (Trade name Excel-soft)

• Winner of the Microsoft Office System Solution Builder Program 2003 for "SARAS" Assessment Management System

• Acquisition of Freedom To Learn Limited as a wholly owned Subsidiary

• Acquisition of Freedom To Learn Limited as a wholly owned Subsidiary

• Launched OpenPage

• Achieved Life Membership of Mysore Chamber of Commerce & Industry

• Won STPI IT Export Award 2016-2017- Highest Exporter-IT: Mysuru Region

• Developed AI-levate

• Acquisition of Enhanced Education Pvt. Ltd. as a WOS
• Won esteemed awards including ones from e-Assessment Association, Brandon Hall Group, Karnataka State, STPI IT Export, Confederation of Indian Industry Recognition by Microsoft, etc.
• Awarded as the Outstanding Edtech Solution Provider - Silver by ET Education

2000-05	2006-07	2008-11	2012-13	2014-18	2019-21	2022-25

• Designed and built an assessment platform for Pearson Inc. based on 'SARAS'
• Built a service-oriented architecture based platform which was licensed through Freedom to Learn Limited
• Won Karnataka State Best IT Exporter Award for the Financial Year 2005-2006

• Won STPI Best IT Exports Award 2006-07

• Acquisition of Meteor Online Learning Ltd. (Excelsoft Technologies Ltd.)

• Incorporated Excelsoft Technologies Inc. as a WOS
• Developed College SPARC
• Won Best Innovation in Pedagogical Practices at the World Education Summit 2012

• Won Inc. India Innovative 100 - Certificate of Excellence in recognition of smart innovation

• A certification body, The Chartered Quality Institute registered under the Royal Charter opted for SARAS

• Member of Indo-American Chamber of Commerce
• Won e-Assessment Association Award 2021 - Best International Implementation
• STPI IT Export Awards 2020-21-Best Performer: Mysuru Region
• STPI IT Exposrt Awards 2018-19 – Highest Exporter-ITES: Mysuru Region

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EXPERIENCED PROMOTERS

EXCELSOFT

DHANANJAYA SUDHANVA
Chairman & Managing Director

• Established the company as a technology company focusing on innovative technology-enabled solutions in the education space
• Over 32 years of experience in the field of IT
• Holds a degree in Bachelor of Engineering in Instrumentation Technology and a degree in Master of Engineering Management from University of Mysore
• Holds a degree in Master of Science in Electrical Engineering from Worcester Polytechnic Institute
• He is the guiding force behind all the corporate decisions and is responsible for the entire business operations specifically technology and sales operations of the Company

SHRUTHI SUDHANVA
Whole-Time Director & Chief People Officer

• Over 10 years of experience and is responsible for strategic planning, market intelligence and new business initiatives
• Holds a degree of Bachelor of Engineering in Computer Science & Engineering from Shri Jayachamarajendra College of Engineering
• Holds a Masters' degree in Computer Science from University of Illinois- Urbana Champaign
• Other Directorship at Enhanced Education Private Limited

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EXCELSOFT

PROFESSIONAL AND EXPERIENCED MANAGEMENT TEAM

Shivakumar Srikantaiah

Chief Administrative Officer

• Working with the company since inception
• Bachelor of Engineering in Mechanical from Univ of Mysore and a degree of Master of Technology in Management & Systems from IIT, New Delhi

S M Adithya Jain

CS, Chief Compliance Officer & Chief IR Officer

• Over a decade of experience in corporate compliances, governance, and regulatory matters.
• Experience across leading companies; Associate Member of Institute of Company Secretaries of India.

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EXCELSOFT

BUSINESS OVERVIEW

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EXCELSOFT

VERTICAL SAAS || A DOMINANT TREND PROMISING SPECIALIZED, INDUSTRY-TAILORED SOLUTIONS

Global Learning & Development (L&D) Market ($ Billion)

Global Software-as-a-Service (SaaS) Market ($ Billion)

Global Assessment & Proctoring Market ($ Billion)

Market Trends & Opportunities

• L&D: Growing usage of Learning Experience Platforms (LXPs), growing potential of GenAI tools and increased demand for Upskilling & Reskilling for the future
• Assessment & Proctoring: Adoption of multimodal assessment tools, growing popularity of gamification & interactive assessment and lockdown browsers
• SaaS: Increase in low-code & no-code platforms, rise of interoperability & open APIS and increase in adoption of vertical SaaS

Source: https://www.excelsoftcorp.com/wp-content/uploads/2025/03/a.-Final-Global-Assessment-and-Learning-Development-Market.pdf; https://www.excelsoftcorp.com/wp-content/uploads/2025/11/1. Report on the Global Assessment and Learning - Development Market.pdf

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EXCELSOFT

COMPREHENSIVE SUITE OF PRODUCTS AND SERVICES

Created product catalogue based on innovative research and technology to cater to client requirements in the field of vertical SaaS, learning and assessment market

Products

Assessment and Proctoring Solutions	Learning and Student Success Solutions
Saras eAssessments	Saras Learning solutions
	NabiED™	OpenPage
easyProctor Live Remote Proctoring	Al-Levate	COLLEGE ISPARC
	Learn <tiv
27.3% of FY26 Revenue	11.8% of FY26 Revenue

Services

Education Technology Services	Learning Design & Content Solutions
End-to-end product engineering and a range of customized solutions	Contain a variety of content related services like Authoring, Editorial and Content Conversion
56.4% of FY26 Revenue	4.5% of FY26 Revenue

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EXCELSOFT

PRODUCTS: ASSESSMENT AND PROCTORING SOLUTIONS

Saras E-Assessments

• Offers end-to-end assessment capabilities including test creation, delivery, proctoring, on-screen marking, and advanced analytics to professional sectors, awarding bodies, test publishers, educational publishers, universities, colleges, schools, and corporations
• Scalable and secure architecture with auto-scaling deployment; supports enterprise, private, public, and hybrid cloud setups
• Role-based eMarking workflows with dashboards for examiners, team leads, and automated result publishing

EasyProctor

• AI-enabled remote proctoring with support for live, automated, and record & review modes; flags behavior using AWS Rekognition-based risk scoring
• Fully responsive, multilingual, and device-agnostic design which flags image and video feeds into critical, medium, and low-risk observations which are timestamped and enable further review
• Real-time proctor and admin dashboard for identity verification, issue resolution, and test session management without disrupting the student experience

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EXCELSOFT

PRODUCTS: LEARNING & STUDENT SUCCESS SOLUTIONS

• Promotes sustained engagement between students, teachers, and parents
• This comprehensive solution includes components that automate teaching and learning processes, enable teachers to deliver more effective lessons, and orient every learner towards success	• End-to-end digital publishing platform helping publishers and teachers create, enrich, manage, distribute, and analyse interactive content through a book-like interface
• Supports one-click PDF to EPUB conversion, rich analytics, multi-platform publishing with complete e-textbook management and seamless integration capabilities	• Unified SaaS-based LMS supporting organisations in delivering various functions and workflows in the learning and assessment areas
• Offers features like self-learning, instructor-led training, quizzes, gamification, and mobile apps with consistent cross-platform user experience	• Activity-based Early Childhood Care and Education (ECCE) program with weekly manuals, physical kits, digital content, and parent app for holistic early childhood skill development
• Also includes numeracy kits (Grades 3–5) and skill-based learning programs for Grades 6–8 beyond the regular curriculum	• AI-driven student success platform that guides academic planning, offers predictive insights, and enables timely interventions for on-time graduation
• Helps students make informed decisions, strengthen weak areas, and improves advising consistency while optimizing institutional resources

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EXCELSOFT

PRODUCTS: AI LEVATE

Steadily integrating AI across its offerings, with select AI-powered features already launched and more under continuous evaluation and development

Flexible LLM Stack & Enterprise Deployment

Utilizes best-fit open-source and commercial LLMs (e.g., Mistral, GPT-4o), with options for on-premise or air-gapped setups for high-security environments

Data-Secure, Domain-Adaptive AI

Models are trained on fully owned, bias-screened data or customer-specific datasets; each deployment is isolated to ensure privacy, compliance, and domain relevance

Modular, Plug-and-Play Architecture

A suite of AI-powered micro-apps that seamlessly integrate into existing learning, assessment, and proctoring systems—enabling incremental adoption without disrupting workflows

Targeted Use Cases Across the Learning Lifecycle

Offers tools like AI-driven question generation, intelligent proctoring, personalized learning and automated assessment analysis—delivering measurable efficiency and outcome improvements

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EXCELSOFT

Excelsoft is Harnessing AI Through a Full-Stack AI Stack

Internal infrastructure, company-wide enablement, and measurable AI outcomes

Full-Stack AI Approach (5 Layers)

Infrastructure

Model Deployment

Fine-Tuning & Orchestration

Applications

Governance

Active

Active

Active

Active

Active

Infrastructure Investment	NVIDIA A6000 GPUs	Employees Enabled on Excelsoft GPT: 1,109 on own GPU hardware
GPU Hardware: NVIDIA A6000	Internal Infrastructure: GPU Cluster

AI is positioned to:
Strengthen growth quality
Enhance strategic relevance
Improve margin profile
(BSE India filing, Excelsoft Technologies
investor presentation, Apr. 1, 2026)

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EXCELSOFT

Early AI Commercial Traction is Creating New Growth Opportunities

Market adoption, pipeline momentum, and revenue opportunity

38

AI-First Ideas

16

Prototypes Built

9

Customer Pilots

4

Products Launched

AI-levate App Suite

Saras SchoolAI

Saras Assessments in-a-Box

CareerSPARC

Revenue Growth Drivers

Enhance existing products with meaningful AI capabilities

Build new AI-first offerings that open new revenue streams

Support customer AI workloads on dedicated infrastructure

Expand into adjacent areas such as Edge AI

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SERVICES OFFERED

EXCELSOFT

Educational Technology Services

High-end technology stack and deep domain knowledge enables company to provide services like

Learning Design & Content Solutions

Delivered by a team of professionals experienced in instructional design, learning experience design, content design and global content standards

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KEY COMPETITIVE STRENGTHS

EXCELSOFT

Long term relationships with global customers

Flexibility to work with diversified technologies to provide the right-fit solution, driven by agile methodologies

Experienced management team and promoters with expertise in developing products, backed by a professional management team and experienced board driving high corporate governance standards

Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities

Expertise in delivering fully compliant digital learning and assessment solutions to clients globally

Robust operating parameters

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EXCELSOFT

EXPERTISE IN PRODUCT ENGINEERING, DEVELOPMENT AND IMPLEMENTATION

Core Engineering Expertise

Expertise in product engineering, development and implementation across assessments, digital learning, and information management systems with robust capabilities

Deep Domain Experience

Years of product development and implementation experience, combined with a thorough understanding of customer requirements, help us deliver best-fit solutions

Scalable Cloud-Based Systems

Products are built on sound engineering principles, architecture best practices, and user-centric design — delivering secure, reliable, and cost-effective cloud-based solutions

...across assessments, digital learning & information management systems with robust product capabilities

Full Lifecycle Offerings

Offering products and services that encompass the entire lifecycle of learning and assessment, which are feature-rich, versatile, and work across the spectrum of organizations

Consultative Solutioning Approach

Engaging with business leaders from the solution inception stage to create effective, technology-driven solutions tailored to their workflows

Legacy Migration & Business Continuity

Assist in successful migration of legacy learning and assessment applications and data into cloud environments, ensuring uninterrupted operations

Data Privacy & Security Compliance

All implementations adhere to industry best practices in data and information security, protecting user integrity and privacy as per regulations

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EXCELSOFT

ROBUST OPERATING PARAMETERS

Standardized Processes for Quality Delivery

Standardized processes reduce errors and variability, ensuring reliable outcomes for customers, stakeholders, and employees

Clear Guidelines and Workflows

Set well-defined goals, responsibilities, and operational workflows to ensure predictable and consistent organizational functioning

Efficiency through Streamlined Operations

Clear parameters help eliminate redundancies, optimize resource use, and enable teams to focus on high-priority tasks

Customer-Centric Operational Framework

Parameters are designed to meet evolving customer needs by delivering tailored, one-stop learning and assessment solutions

Accountability through KPIs and Metrics

Defined KPIs and performance metrics to hold teams accountable, track progress, and align efforts with business goals

Foundation for Scalability and Growth

Robust operational systems helps in scaling efficiently, adapt to market changes, and drive continuous improvement across the organization

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EXCELSOFT

FLEXIBILITY TO WORK WITH DIVERSIFIED TECHNOLOGIES...

Diversified Tech Expertise

Work across multiple technology stacks, not limited to any one platform, enabling us to deliver optimal solutions tailored to specific client needs

Continuous Upskilling & Innovation

Teams stay updated with the latest tech trends including AI, AR/VR, and modern stacks, ensuring efficient, future-ready solutions

Customizable & Comprehensive Platforms

Solutions supporting various question types, workflows, grading schemes, and testing algorithms—designed to meet diverse assessment formats from K-12 to professional exams

Interoperability & Integration

Their products integrate seamlessly with client systems and are built to be interoperable across different technologies and environments

Agile Methodology for Faster Delivery

Using agile practices, they adapt quickly to changing requirements and deliver faster time-to-market for new features and product updates

Scalable & Adaptable Architecture

Solutions are built to scale as customer demands grow—supporting evolving use cases, increased user volumes, and new business models

...to provide the right-fit solution, driven by agile methodologies

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EXCELSOFT

EXPERTISE IN DELIVERING FULLY COMPLIANT DIGITAL SOLUTIONS…

The demand for upskilling and reskilling is a significant trend reshaping the global Learning & Development (L&D) market, driven by rapid technological advancements, shifting workforce needs, and evolving business models

Technology-Driven Efficiency

Seamless, on-demand delivery with data-driven insights to optimize engagement and outcomes, ensuring cost-efficiency and system integration

Standardized, High-Quality Delivery

Provide consistent, high-quality learning experiences through standardized digital solutions across regions

Global Reach and Scalability

With subsidiaries in the UK, USA, Singapore, and India, and a presence in Dubai and Malaysia, they deliver scalable solutions across diverse cultures and regulations.

Compliance with International Standards

Certified with ISO/IEC 27001:2013, ISO 9001:2015, and Cyber Essentials Plus, ensuring global compliance for their e-learning and e-assessment solutions

Trusted by Global Clients

Their clients include various marquee enterprises in the education domain such as like Pearson Education and Brigham Young University reflect their strong reputation

Customized Solutions for Markets

Tailored solutions to meet regional requirements, educational ecosystems, and cultural nuances.

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EXCELSOFT

...WITH GLOBAL REACH ACROSS DIVERSE MARKETS

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EXCELSOFT

LONG TERM RELATIONSHIPS WITH GLOBAL CUSTOMERS

STRONG GLOBAL CLIENTELE

Have clientele spread across USA, UK, India, Singapore, Australia, Japan, Malaysia, Saudi Arabia, UAE, and Canada

TRUST & CONSISTENT VALUE DELIVERY

Global customers trust in their products and services has enabled them to maintain healthy, long-term, and trustworthy business relationships

CONSULTATIVE & CUSTOMER-CENTRIC APPROACH

Their deep focus on customer relationships and empathy for end users allows them to understand pain points and add value at every step

STRATEGIC ADVANTAGE & GROWTH ENABLER

Long-term relationships serve as a barrier to entry for competitors and have helped grow the business and global footprint

LOYALTY, FEEDBACK & MARKET ALIGNMENT

Long-term customers act as brand advocates and provide feedback that helps improve offerings and stay aligned with market trends

Improving client vintage signaling stronger retention, deeper trust, and long-term partnership growth

FY26	67.61% Top 5 Clients	77.72% Top 10 Clients	87.55% Top 20 Clients
Q4 FY26	63.00% Top 5 Clients	72.03% Top 10 Clients	79.97% Top 20 Clients

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WAY AHEAD

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KEY GROWTH STRATEGIES

EXCELSOFT

PURSUE STRATEGIC ACQUISITIONS IN EDTECH

Identify acquisition opportunities to accelerate growth, gain scale, reduce operational costs, and broaden service capabilities.

INCREASE REVENUE FROM EXISTING & ACQUIRE NEW CUSTOMERS

Grow presence in new markets (Egypt, France, Italy, Brazil, Philippines) and deepen relationships with existing customers through modern product solutions.

STRENGTHEN BRAND POSITIONING

Build long-term customer loyalty, differentiate from competitors, and use data-driven insights to refine product development and targeted marketing.

UPGRADE & INNOVATE PRODUCT PORTFOLIO

Continuously improve existing offerings, align with evolving customer needs, track emerging industry trends, and enhance product USP.

DEVELOP AI-LED PRODUCTS & ENTER THE AI SPECTRUM

Leverage AI/ML to enhance assessment solutions, remote proctoring, automated scoring, and reduce fraud through advanced analytics.

INVEST IN MODERN FRONTIER TECHNOLOGIES

Strengthen R&D, adopt cutting-edge technologies, and collaborate globally to deliver innovative, high-quality products.

BUILD STRONG PEOPLE CULTURE & ACCOUNTABILITY

Promote ownership, inclusiveness, and collaboration across teams while supporting continuous employee development.

BOOST SALES & MARKETING THROUGH GLOBAL TEAMS

Build geographically diverse sales teams to tap new customers, expand digital presence, and customize solutions for local market needs.

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HISTORICAL ANNUAL STATEMENTS

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EXCELSOFT

STATEMENT OF PROFIT AND LOSS ACCOUNT

Particulars (In Rs. Mn)	FY24	FY25	FY26
Revenue from Operation	1,982.97	2,332.91	2,725.21
Other Income	23.99	155.09	186.18
Total Income	2,006.96	2,488.00	2,911.39
Employee Expenses	1,082.14	1,197.17	1,390.32
Other Expenses	351.1	411.01	603.66
Total Expenditure	1,433.24	1,608.18	2,270.52
EBITDA*	549.73	724.73	731.23
EBITDA Margin	27.72%	31.07%	26.83%
Depreciation	289.93	246.51	241.28
EBIT	283.79	633.31	489.95
EBIT Margin	14.31%	27.15%	17.98%
Interest / Finance Cost	100.65	37.86	35.26
PBT	183.14	595.45	593.43
Tax	55.61	248.54	159.62
PAT	127.53	346.91	433.81
PAT Margin	6.43%	14.87%	14.90%
Basic EPS	1.27	3.47	4.12

*EBITDA is calculated excluding Other Income

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EXCELSOFT

CONSOLIDATED BALANCE SHEET

Particulars (In Rs. Mn.)	Mar-24	Mar-25	Mar-26
ASSETS
Non-Current Assets
Property, Plant & Equipment and Intangible	305.50	66.76	570.99
Right of use asset	1,941.47	84.64	63.16
Goodwill	0	124.18	124.18
Other Intangible Assets	1,112.58	1,071.48	879.63
Intangible assets under development	0	0	122.40
Financial Assets
Other Financial Assets	147.64	2,204.11	2,398.23
Other Non Current Assets	16.49	3.90	43.82
Current Assets
Financial Assets
Trade Receivables	467.77	344.09	464.09
Cash & Cash Equivalents	48.07	154.12	648.71
Other Bank balances	0.72	185.70	812.32
Other financial assets	0.68	200.14	314.82
Income tax assets (net)	28.60	0	0
Other Current Assets	140.81	249.22	339.86
Total Assets	4,361.26	4,688.34	6,782.21
Particulars (In Rs. Mn.)	Mar-24	Mar-25	Mar-26
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EQUITY AND LIABILITIES
EQUITY
Equity Share Capital	15.96	1,000.84	1,150.84
Other Equity	2,957.07	2,712.15	4,632.42
Non-Current Liabilities
Financial Liabilities
Borrowings	488.14	0	0
Lease Liabilities	7.31	62.77	48.19
Long Term Provisions	156.21	186.32	245.20
Deferred Tax Liabilities( net)	8.89	57.09	34.00
Current Liabilities
Financial Liabilities
Short term Borrowings	279.11	265.89	0
Lease Liabilities	8.94	22.64	17.58
Trade Payables
A) Total outstanding dues of micro enterprises and small enterprises	0	0.92	8.18
B) Total outstanding dues of creditors other than micro enterprises and small enterprises	100.91	78.08	180.25
Other Current Liabilities	151.38	231.54	331.85
Provisions	36.41	65.54	88.36
Income Tax Liabilities (Net)	0	4.55	45.34
Total Equity & Liabilities	4,361.26	4,688.34	6,782.21

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EXCELSOFT

ADFACTORS PR
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Prashanth H M
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prashanth@excelsoftcorp.com

Yash Sanghavi
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Tejpal Singh
tejpal.singh@adfactorspr.com