Allied Blenders and Distillers Limited

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+91 22 4300 1111 Email : info@abdindia.com Registered Office: 394/C, Ground Floor, Lamington Chambers, Lamington Road, Mumbai – 400004, India. T.: +91-22 6777 9777. F.: + 91-22 67779725 www.abdindia.com

4 Million

rtfolio Overview 5 Year Consolidated Financial Summary 3 4 5 18 19 26 30 37 ABD Overview 4 Millionaire Brands Prestige / Premium / Luxury Officer’s Choice Whisky Launched in 1988 • Among top 10 gl

90%

ating across multiple price points 37 80,000+ #1 2 Distilleries in Maharashtra and Telangana 90%+ of width of retail distribution across India Largest exporter by volume 1 PET Bottle Manufactu

₹840

ry category • 90%+ of width of retail distribution domestic market • Broad range of price points (₹840 to ₹5,300 per bottle) covering consumer preferences • As one of the largest importers of bulk Sco

₹5,300

ory • 90%+ of width of retail distribution domestic market • Broad range of price points (₹840 to ₹5,300 per bottle) covering consumer preferences • As one of the largest importers of bulk Scotch, UK FT

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lk Scotch, UK FTA to be margin accretive and also make Luxury portfolio more accessible to consumers 2 3 4 Successful value creation track record of building 4 Millionaire Brands • Officer’s Choice wh

4 Million

portfolio more accessible to consumers 2 3 4 Successful value creation track record of building 4 Millionaire Brands • Officer’s Choice whisky maintaining market leadership over a decade (18.3 Mn cases in

35%

• Officer’s Choice whisky maintaining market leadership over a decade (18.3 Mn cases in FY25) with 35%+ market share 5 Strategic investments to optimize supply chain and enhance Gross Margins by ~300

300 bps

35%+ market share 5 Strategic investments to optimize supply chain and enhance Gross Margins by ~300 bps over 2-3 years • Secure key raw material supplies by establishing in-house capabilities – ENA dis

40%

ories now operational Officer’s Choice strong cash flow generation core to future growth plans • 40%+ Gross Margins, highest in the Mass Premium category 6 Continue to deliver long term, sustainable

50%

able shareholder value • Revenue growth in mid-teens underpinned by increasing P&A contribution, ~50% by volume by FY28 • High Contribution After Promotions (CAAP), given exceptionally strong brand

12.9%

and, with market leadership in the Middle East with growing presence in Africa • EBITDA margin of 12.9% (H1FY26) on track for ~17.0%, industry best- in-class by FY28 • Capital structure provides headro

“130 • Y-o-Y growth driven by: • Strong volume growth of 8.4% led by P&A category • Improvement in realization per case by 3.8% mainly due to mix and price increase • Q-o-Q growth led by: • Volume growth in both Mass Premium +4.3% and P&A +8.3% categories Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 PAT (₹ Cr) 32.3% 56 63 48 EBITDA Margin % 98 bps 12.8% 13.1%”

“The commissioning of PET bottle manufacturing unit within stated timelines in Q2FY26, validates our project execution capabilities • The Super-Premium to Luxury portfolio continues fast-track expansion in key Indian and International markets Portfolio Premiumization Margin Expansion • Officer’s Choice maintains its No.”

“Industry view optimistic about progressive clearance of remaining dues 18 • In FY26, ABD will maintain its focus on Net Sales Value growth, operational excellence, portfolio diversification, optimizing working capital, and on time projects execution.”

““With an integrated value chain, prudent capital allocation and increased consumer engagement, ABD is well positioned to deliver long-term profitable growth” Transformation Roadmap Value Accretive Profitable Growth FY25 Initiative Where were we?”

Topline growth

1

Profitability driven by

1

Forays into Duty Free Travel Retail

1

Topline growth

130 • Y-o-Y growth driven by: • Strong volume growth of 8.4% led by P&A category • Improvement in realization per case by 3.8% mainly due to mix and price increase • Q-o-Q growth led by: • Volume growth in both Mass Premium +4.3% and P&A +8.3% categories Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 PAT (₹ Cr) 32.3% 56 63 48 EBITDA Margin % 98 bps 12.8% 13.1%

Profitability driven by

• Maintaining a strategic focus on a profitable brand mix across states • Controlled trade spends • Stable to neutral commodity and packaging costs 7 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 12.1% • Lower cost of borrowing • Sustained improvements in operational efficiency Q2FY26 Brand Portfolio Highlights Sales (₹ Cr) Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y Sales Contribution P&A Mass Premium Total Sales Others Income from Operations 533 403 937 58 995 485 384 869 60 930 10.0% 4.9% 7.7% -3.5% 7.0% 408 424 832 37 870 30.7% -4.9% 12.5% 56.2% 14.4% Q2FY25 Q2FY26 49.0% 51.0% 56.9% 43.1% Volume (Mn Cases) Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y P&A Mass Premium Total Volume 4.3 4.8 9.0 3.9 4.6 8.5 8.3% 4.3% 6.2% 3.3 5.0 8.3 28.8% -5.0% 8.4% Q2FY25 39.7% P&A Mass Premium Volume Contribution Q2FY26 47.1% Realization (₹ / Case) Q2FY26 Q1FY26 Q-o-Q Q2FY25 Y-o-Y P&A 1,252 1,233 1.6% 1,234 1.5% Mass Premium 845 840 0.6% Total Realization 1,037 1,022 1.5% 844 998 0.1% 3.8% 60.3% 52.9% P&A Mass Premium •

Forays into Duty Free Travel Retail

Bengaluru and Delhi ABD Maestro: Key Updates Espresso Martini series Singles meetup collab with Manheim Consumer Engagements Influencer Collab Artist Collab 15 Influencer Collab AI Influencer ABD Maestro: Rewards & Global Recognitions Spirits Selection by Concours Mondial de Bruxelles 2025 Spiritz Conclave & Achievers’ Awards 2025 A Testament to ABD’s Excellence ➢ Concours Mondial de Bruxelles 2025, a globally acclaimed competition ➢ Arthaus Blended Malt Scotch Whisky won Grand Gold for excellence in the Super- featuring ~2,600 entries evaluated by 140 expert judges Premium Scotch category ➢ Woodburns Contemporary Indian Malt Whisky secured Grand Gold and ➢ Woodburns Contemporary Indian Malt Whisky won Grand Gold for its bold Indian Best Revelation Blended Whisky (1st Indian brand) craftsmanship ➢ Pumori Small Batch Gin won Gold in Gin category ➢ Pumori Small Batch Gin won Grand Gold for quality and innovation in craft gin ➢ Arthaus Blended Malt Scotch Whisky earned Silver in Scotch wh