Western Overseas FY26 Investor Presentation Highlights

| Particulars | FY24 | FY25 | FY26 |

| Revenues | 2,030.24 | 2,272.52 | 2,027.45 |

| Other Income | 6.42 | 22.45 | 7.07 |

| Total Income | 2,036.66 | 2,294.97 | 2,034.52 |

| Employee Costs | 931.45 | 774.50 | 577.62 |

| Other Expenses | 865.06 | 1,134.19 | 1,004.71 |

| EBITDA | 240.15 | 396.34 | 456.17 |

| PBT | 163.60 | 309.02 | 372.57 |

| Tax | 44.58 | 87.97 | 99.79 |

| PAT | 119.02 | 221.05 | 272.78 |

| Equities & Liabilities | FY24 | FY25 | FY26 |

| Total Equity | 447.51 | 652.56 | 1,853.47 |

| Total Non-Current Liabilities | 0.00 | 385.55 | 0.00 |

| Total Current Liabilities | 557.63 | 236.84 | 384.09 |

| Total Assets | 1,005.14 | 1,274.95 | 2,237.57 |

| Cash & Bank Balance | 41.22 | 21.51 | 499.28 |

| Particulars | FY24 | FY25 | FY26 |

| Cash Flow from Operating Activities | -206.77 | -448.13 | -169.89 |

| Cash Flow from Investing Activities | -81.14 | -22.76 | -67.60 |

| Cash Flow from Financing Activities | 262.47 | 451.17 | 715.26 |

| Net Increase in Cash & Equivalents | -25.44 | -19.72 | 477.77 |

The company is a leading overseas education and immigration consultancy headquartered in Ambala, Haryana, established in 2013.
It offers end-to-end solutions including career counselling, university admissions, test coaching (IELTS, PTE, TOEFL, etc.), foreign language training, exam booking, education loan assistance, and visa services.
It has partnerships with over 200 universities across 18+ destination countries.
The branch network includes 12 offices across India.
In FY26, the company had 5,947 course and exam enrolments, with 1,546 being exam enrolments alone.
The visa approval rate in FY26 was 79.38%.
Revenue mix has diversified, with non-commission lines growing from 8% to 41% of revenue in two years.

₹342.5 lakhs allocated from IPO proceeds for a media campaign across hoardings, print, radio, TV, and digital, planned for deployment across FY26-FY27.
₹300 lakhs allocated for technology integration, including ERP implementation, website and mobile app development, a digital lead generation platform, and a case-tracking system.
Utilisation as of Q1 FY27 is in line with the planned deployment, as monitored by the Monitoring Agency.
The company states IPO proceeds have been utilised as per the stated objects of the Issue.

The company became debt-free in the long term, with ₹200 lakhs of ICICI term debt partially repaid from IPO proceeds.
Net-cash position: Cash ₹499 lakhs vs total debt ₹210 lakhs, resulting in net cash of ₹289 lakhs at year-end (FY26).
Net worth increased from ₹653 lakhs (FY25) to ₹1,853 lakhs (FY26) via IPO primary capital (₹932 lakhs) and retained FY26 earnings.
NAV per share is ₹30.8 vs ₹15.5 at FY25.

Pardeep Balyan: Promoter & Managing Director, on the board since incorporation, 10+ years in overseas education, certified agent-counsellor (British Council, Education NZ, Canada Course Graduate).
Rekha Rani: Promoter & Whole-Time Director, co-founder, 10+ years in the immigration industry, oversees operations across the branch network.
Promoter holding stands at 70.09%.

Strategic partnerships with foreign universities and recruitment partners, including a Croatia university agreement signed in April 2026.
A deliberate step-up in media plan, funded by primary capital.
Focus on deepening existing markets and adding global institution tie-ups.
Enhancing technology integration with ERP and app development.

The presentation cites India's outbound education as a large, structural market, with over 1.2 million Indians abroad and 2.5 million projected by CY30.
It highlights destination diversification trends towards EU markets like France (targeting 30,000 Indian students by 2030) and Ireland.