Kratikal Tech IPO Review & Recommendations

Financial information of the Company has been derived from the Restated Financial Information as at or for the financial year
ended March 31, 2026

Source: All the financial information for listed industry peers mentioned above is sourced from the annual reports / annual
results/ restated financial information as available of the respective company for the year ended March 31, 2026.

Notes:

• P/E ratio has been computed based on the closing market price of equity shares on March 30, 2026 on BSE and NSE divided by the diluted EPS for the year ended March 31, 2026.
• Net asset value per equity share means total equity divided by closing outstanding number of equities shares outstanding during the year.
• Return on Net Worth (RoNW) (%) = Restated profit / (loss) for the year attributable to the owners of the Company divided by the restated Net Worth at the end of the year.
• Net worth means the aggregate value of the paid up share capital of the Company and all reserves created out of profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, miscellaneous expenditure not written off, as per the restated balance sheet, but does not include reserves created out of revaluation of assets, capital reserve, foreign currency translation reserve, write-back of depreciation as at period /year end, as per Restated Consolidated Financial Statement of Assets and Liabilities of the Company.
• Net worth for peer represents the total equity as mentioned in their annual reports for the relevant year submitted to the Stock Exchange.