KDDL Limited

rs,

1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Trading Symbol : KDDL Scrip Code : 532054 Subject: Investor Pres

53%

Q2FY22 Performance Overview Q2FY22 Performance Standalone Performance (Rs. Crs.) Revenue +53% 53.0 34.6 PAT +595% 4.0 0.6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Ethos Performance (Co

595%

ew Q2FY22 Performance Standalone Performance (Rs. Crs.) Revenue +53% 53.0 34.6 PAT +595% 4.0 0.6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Ethos Performance (Consolidated) (Rs. Crs.) Rev

32%

0.6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Ethos Performance (Consolidated) (Rs. Crs.) Revenue* +32% 135.5 102.5 PAT -20% 3.3 2.6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 *Ethos Revenue is wi

20%

1 Q2FY22 Ethos Performance (Consolidated) (Rs. Crs.) Revenue* +32% 135.5 102.5 PAT -20% 3.3 2.6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 *Ethos Revenue is without IND AS 116 impact for b

79%

act for better comparison 4 H1FY22 Performance Standalone Performance (Rs. Crs.) Revenue +79% 99.2 55.6 H1FY21 H1FY22 PAT Turned around from loss to profit (By Rs. 11.1 Crs.) 6.8

Rs. 11.1

s.) Revenue +79% 99.2 55.6 H1FY21 H1FY22 PAT Turned around from loss to profit (By Rs. 11.1 Crs.) 6.8 -4.3 H1FY21 H1FY22 Ethos Performance (Consolidated) (Rs. Crs.) Revenue* +73%

73%

.1 Crs.) 6.8 -4.3 H1FY21 H1FY22 Ethos Performance (Consolidated) (Rs. Crs.) Revenue* +73% 225.5 130.6 PAT Turned around from loss to profit (by Rs. 11 Crs.) 3.5 *Ethos Revenue

Rs. 11

idated) (Rs. Crs.) Revenue* +73% 225.5 130.6 PAT Turned around from loss to profit (by Rs. 11 Crs.) 3.5 *Ethos Revenue is without IND AS 116 impact for better comparison H1FY21 H1FY22

52%

Tax PAT 53.0 14.5 38.4 15.9 12.9 9.7 34.6 9.3 25.3 11.3 8.7 5.3 53% 52% 84% 99.2 26.6 72.6 31.3 24.2 17.1 55.6 15.1 40.4 22.0 14.4 4.0 18.3%

84%

PAT 53.0 14.5 38.4 15.9 12.9 9.7 34.6 9.3 25.3 11.3 8.7 5.3 53% 52% 84% 99.2 26.6 72.6 31.3 24.2 17.1 55.6 15.1 40.4 22.0 14.4 4.0 18.3% 15.2%

18.3%

3% 52% 84% 99.2 26.6 72.6 31.3 24.2 17.1 55.6 15.1 40.4 22.0 14.4 4.0 18.3% 15.2% 17.2% 7.1% 0.6 1.8 2.9 5.7 1.7 4.0 0.9 2.4 3.1 0.7 0.1 0.6 1.

Profitability as under

2

Store Selection Criteria

1

Investor Relations Advisors

1

Profitability as under

Profit & Loss Impacts For H1FY22 (Rs. Cr.) For H1FY21 (Rs. Cr.) Financial impact Other expenses (Rent) Decrease in Rent expense -16.8 Finance costs Increase in Finance cost Depreciation Increase in Depreciation Profit before tax Decrease in PBT 5.3 12.9 1.4 -16.1 5.8 14.1 3.9 This affects other expenses, depreciation and finance cost in the Profit & loss statement & consequently impacts EBITDA and PBT of the company There would be no change in the cash flow of the company due to applicability of INDAS 116 10 Standalone Balance Sheet Assets (Rs. Crs.) Non-current assets Property, plant and equipment Capital work-in-progress Right-of-use asset Investment Property Other intangible assets Financial assets (i) Investments (ii) Loans (iii) Other Financial assets Income Tax Asset Other Non Current Assets Current assets Inventories Financial assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Other bank balances (iv) Loans (v) Other financial assets Other current assets Sep-21 Ma

Profitability as under

Profit & Loss Impact (Rs. Crs.) For H1FY22 For H1FY21 Financial impact Other expenses (Rent) Decrease in Rent expense Finance costs Increase in Finance cost Depreciation Increase in Depreciation Other Income Increase in Other income Share of Profit / loss of JV Increase in Loss of JV Profit before tax PBT 9.9 5.0 11.8 5.5 0.1 -1.5 5.7 5.4 12.9 9.9 0.1 -2.8 This affects other expenses, other income, depreciation and finance cost in the Profit & loss statement & consequently impacts, Revenue, EBITDA and PBT of the company There would be no change in the cash flow of the company due to applicability of INDAS 116 23 Sep-21 Mar-21 Equity & Liabilities (Rs. Crores)* Sep-21 Mar-21 Consolidated Balance Sheet Assets (Rs. Crores)* Non-current assets Fixed Assets Right of Use Financial Assets Other Non Current Assets Investment in Joint Venture 128.7 128.8 Shareholder’s Fund 34.8 78.2 11.6 2.7 1.5 35.1 81.2 9.0 2.6 0.8 Share Capital Other Equity Non-current liabilities Borrowings Lease Liabilitie

Store Selection Criteria

Reputed /Pedigree Mall at Premium location where other Premium brands present and having better facility management Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 31 New Marquee store in Mumbai In October 2021, opened a ~2000 sq feet boutique… …at Jio World Drive - Mumbai 32 Pan-India Presence with Offline Store Network Exclusive Brands Stores Digital Strategy Right Mix • Higher share of Business from Exclusive Brands • Open Flagship stores which can enjoy higher footfalls leading to more profitability • Focus on improving profitability of existing stores • Leverage on our Digital platform to drive sales and customers • Digital strategy to lead to cost optimization and margin growth • Targeting to have a right mix of Brands at all price points leading to faster churn in Inventory and increasing profitability 33 Ethos is India’s Preferred Destination for Luxury Watches… Knowledge One-

Investor Relations Advisors

KDDL Limited CIN : L33302HP1981PLC008123 Mr. Ritesh Agrawal ritesh.agrawal@ethoswatches.com CIN : U74140MH2010PTC204285 Mr. Shogun Jain/ Mr. Shrenik Shah +91 77383 77756 / +91 9664 764465 shogun.jain@sgapl.net / Shrenik.shah@sgapl.net www.kddl.com www.ethoswatches.com www.sgapl.net 37