Aditya Birla Fashion and Retail Limited

16%

F Y 2 6 A D I T Y A B I R L A F A S H I O N & R E T A I L Q4 HIGHLIGHTS Strong overall growth of 16%, aided by 17% growth in Pantaloons format • Highest organic growth in last 12 quarters for the

17%

T Y A B I R L A F A S H I O N & R E T A I L Q4 HIGHLIGHTS Strong overall growth of 16%, aided by 17% growth in Pantaloons format • Highest organic growth in last 12 quarters for the company • Pant

19%

s format • Highest organic growth in last 12 quarters for the company • Pantaloons segment grew 19% YoY • Luxury up 13% vs LY • TMRW revenue at 1.45x of LY Strong YoY improvement in operating per

13%

rganic growth in last 12 quarters for the company • Pantaloons segment grew 19% YoY • Luxury up 13% vs LY • TMRW revenue at 1.45x of LY Strong YoY improvement in operating performance • EBITDA* g

1.45x

ters for the company • Pantaloons segment grew 19% YoY • Luxury up 13% vs LY • TMRW revenue at 1.45x of LY Strong YoY improvement in operating performance • EBITDA* grew 29%, margin up 120 bps • E

29%

LY • TMRW revenue at 1.45x of LY Strong YoY improvement in operating performance • EBITDA* grew 29%, margin up 120 bps • Ethnic margin expanded 390bps • Pantaloons segment margin up 40bps despite

120 bps

nue at 1.45x of LY Strong YoY improvement in operating performance • EBITDA* grew 29%, margin up 120 bps • Ethnic margin expanded 390bps • Pantaloons segment margin up 40bps despite OWND scale-up • TM

390bps

rovement in operating performance • EBITDA* grew 29%, margin up 120 bps • Ethnic margin expanded 390bps • Pantaloons segment margin up 40bps despite OWND scale-up • TMRW cash losses down YoY Positive

40bps

ITDA* grew 29%, margin up 120 bps • Ethnic margin expanded 390bps • Pantaloons segment margin up 40bps despite OWND scale-up • TMRW cash losses down YoY Positive retail LTL across segments; Further b

14%

Y Positive retail LTL across segments; Further boosted by E-com • Pantaloons format retail LTL at 14% Continued retail footprint expansion • Added 70 new stores across businesses • Ethnic portfolio

4%

inued retail footprint expansion • Added 70 new stores across businesses • Ethnic portfolio posts 4% LTL • Driven by OWND, TMRW brands, • Overall E-com grew >30% YoY • Ex-TMRW growth at >20% vs LY

30%

businesses • Ethnic portfolio posts 4% LTL • Driven by OWND, TMRW brands, • Overall E-com grew >30% YoY • Ex-TMRW growth at >20% vs LY TASVA and TCNS • ~120k sq.ft. net addition *Excluding one-o

“Q4 FY25 EBITDA (~97 Cr) *Q4 FY26 EBITDA excludes ~Rs.”

“hence also excluded for fair representation ABFRL HIGHLIGHTS | Q4 ABFRL Consolidated (In ₹ Cr.) Revenue Q4 FY25 Comparable* 1719 Q4 FY26 Reported 1990 EBITDA before revaluation gain in associate Revaluation gain in associate# EBITDA 177 22 199 229 83 311 EBITDAMargin 11.6% 15.7% Growth (vs.”

“• Sales up by 16% vs LY • Normalized EBITDA grew 29% vs LY *Q4 FY25 comparable numbers excludes gain of ~Rs.”

“#EBITDA considered for Q4 FY25 excludes gain of ~Rs.”

“FY25 EBITDA (~97 Cr) *FY26 EBITDA excludes ~Rs.”

“hence also excluded for fair representation ABFRL HIGHLIGHTS | 12M ABFRL Consolidated (In ₹ Cr.) Revenue EBITDA before revaluation gain in associate Revaluation gain in associate# EBITDA FY25 Comparable* 7355 736 22 758 FY26 Reported 8177 903 64 967 Growth (vs.”

“LY) 11% 23% 28% EBITDAMargin 10.3% 11.8% EBIT PBT before wage code impact Wage code impact# PBT PAT PAT w/o wage code impact & revaluation gain# -409 -976 - -976 -882 -904 -373 -888 -40 -928 -830 -854 **FY26 includes ~Rs.”

“• Sales up by 11% vs LY • Normalized EBITDA grew 23% vs LY *FY25 comparable numbers excludes gain of Rs.”

“~97 Cr on account of discontinuation of inter-division elimination post de-merger for fair representation *PAT and PBT of FY25 also excludes gain of Rs.”

“#EBITDA considered for FY25 excludes gain of ~Rs.”

Registered Office

1

Registered Office

Piramal Agastya Corporate Park, Building ‘A’, 4th and 5th Floor, Unit No. 401, 403, 501, 502, L.B.S. Road, Kurla, Mumbai - 400 070 CIN: L18101MH2007PLC233901 Tel.: +91 86529 05000 Fax: +91 86529 05400 Website: www.abfrl.com E-mail: secretarial@abfrl.adityabirla.com Q4FY26 PERFORMANCE HIGHLIGHTS CONTENTS Market Update Q4 & 12M Highlights Performance of Key Portfolios Financials 01 02 03 04 Q 4 F Y 2 6 A D I T Y A B I R L A F A S H I O N & R E T A I L Market Update Consumption trend remains stable • Demand in line with last quarter • Geopolitical factors emerging • Risk to input costs and consumer sentiment Omni-channel central to fashion retail • D2C brands deepen offline presence • Hyperlocal fulfilment gaining focus • Same day & Quick commerce rising Low wedding dates this quarter vs LY • No wedding dates in January • Dates in Feb–Mar more clustered vs last year Value Retail continues to grow driven by small town expansions • Sustained positive momentum in un-organized to organized sh