PERNIASPOP

Date: September 24, 2026 To, To, The Listing Department, Department of Corporate Services National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex,Bandra (E) Dalal Street, Fort, Mumbai – 400 051 Mumbai - 400 001 NSE Symbol: PERNIASPOP BSE Scrip Code: 544901 Sub: Investor Presentation on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. Dear Sir/Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation on the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. The Investor Presentation is also being disseminated on the Company’s website at https://www.purplestylelabs.com/ Thanking you, For and on Behalf of Purple Style Labs Limited Gulshan Mumtaz Khan Company Secretary and Compliance officer Membership Number: A57061 Address: CTS No. 1081, Plot No. 110, TPS Village, Service Road, Western Express Highway, Vile parle (East), Mumbai, Maharashtra – 400057, India. P U R P L E STYLE LABS I N V E S T O R P R E S E N T A T I O N – Q 1 F Y 2 6 - 2 7 Disclaimer This Presentation is prepared by Purple Style Labs Limited (“Company”) and is for information purposes only without regards to specific objectives, financial situations or needs of any particular person and is not and nothing in it shall be construed as an invitation, offer, solicitation, recommendation or advertisement in respect of the purchase or sale of any securities of the Company or any of its affiliates in any jurisdiction or as an inducement to invest in the Company and no part of it shall form the basis of or be relied upon in connection with any contract or commitment or investment decision whatsoever. This Presentation does not take into account, nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. This Presentation includes certain statements that are, or may be deemed to be, “forward-looking statements” and relate to the Company and its financial position, business strategy, events and courses of action. Forward-looking statements and financial projections are based on the assumptions, opinions and estimates of the management at the date the statements are made and are subject to various risks and uncertainties and other factors that could cause actual results to differ materially from those anticipated in the forward-looking statements and financial projections. Forward-looking statements are not guarantees of future performance including those relating to general business plans and strategy, future outlook and growth prospects. No representation, warranty or undertaking, express or implied, is made or assurance given that such statements, views, projections or forecasts in the Presentation, if any, are correct or that any projections specified herein will be achieved. Certain operating metrics mentioned in the Presentation are derived from the Company's internal management systems, are not defined under Ind-AS, and have not been audited or reviewed by the statutory auditors or by any independent agency. We, or any of our affiliates, shareholders, directors, employees, or advisors, as such, make no representations or warranties, express or implied, as to, and do not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein and accept no liability whatsoever for any loss, howsoever, arising from any use or reliance on this Presentation or its contents or otherwise arising in connection therewith. Further, we don’t assume responsibility to publicly amend, modify or revise any information or statements contained in this Presentation on the basis of any subsequent development, information or events, or otherwise. This Presentation and its contents are confidential and proprietary to the Company and/or its affiliates and no part of it or its subject matter be used, reproduced, copied, distributed, shared, or disseminated, directly or indirectly, to any other person or published in whole or in part for any purpose, in any manner whatsoever. Pernia’s Pop-Up Shop – A Global Platform for Indian Luxury Brands E-COMMERCE PLATFORM EXPERIENCE CENTRES 20Mn 45% 14 11 New York & London Annual Unique Visitors International Traffic Locations Cities International Studios 200k+ 1100+ Customers served Designer Brands in the last 3 years 200k+ INR 100k+ Wider Collection of Curated Assortment Curated listing of Luxury products of Designer Brands Average GMV per Designer Products Customer in FY26 INR 140k+ 78% Average GMV for Top GMV Contribution of Access to Larger and Deeper 50k customers in FY26 Top 100 Brands in FY26 Global Customers Wallet Share INR 400k+ Diversified Average GMV for Top Categories 10k Womenswear, Menswear, Customers in FY 26 Kidswear, Accessories 29% and Jewelery Repeat Rate in FY26 Our Journey – From a modest website to a giant omni-channel platform Acquired the platform and opened first Crossed INR 500 Cr Opened 2 Large Format ECs in NY, USA and Experience Centre( EC) in Juhu, Mumbai Opened first large format EC in Mehrauli Revenue mark Linking Road, Mumbai 2018 2022 2024 2026 Post Feb 2018 2019 2023 2025 Prior to Feb Opened next large format EC in Hyderabad Pernia’s Pop-Up Shop was primarily Opened 2 Large Format ECs in South Extension, Opened first International EC in London an online-only platform Delhi and Fort, Mumbai We focus on creating value over long term for all our stakeholders (in INR Cr) 558 Time Period Share Price* Primary Raise Post-money Valuation# Revenue (in INR Cr) 504 490 Oct-15 to Oct-16 ₹5 3 8 Mar-18 to Oct-18 ₹20 17 58 369 Dec-18 to May-19 ₹32 17 111 Jul-19 to Nov-21 ₹57 70 267 Feb-22 to May-22 ₹155 78 981 175 Oct-22 to Feb-23 ₹308 40 1989 45 44 Jul-23 to Oct-23 ₹450 30 2937 23 0.3 0.9 5 Jun-24 to Mar-25 ₹500 148 3662 6 7 8 9 0 1 2 3 4 5 6 1 1 1 1 2 2 2 2 2 2 2 IPO in Sep-26 ₹575 680 4891 - - - - - - - - - - - r r r r r r r r r r r a a a a a a a a a a a M M M M M M M M M M M * In absolute, adjusted for impact of subsequent bonus issue, where applicable. #The post-money valuation is calculated on a fully diluted basis. Our vision is to build a Global Luxury House from India Short-term turbulence is the price of Long-term compounding “As a company, we are always committed to the long-term vision, even when, every few years, that choice causes turbulence in the short term.” Undertaken Generational leaps to remain ahead of the curve 1st GEN 2nd GEN 3rd GEN FY 19-21 FY 22-24 FY 25-29 Laid the foundation Scaled the footprint Optimised the platform • Transformed Pernia’s Pop-Up Shop • Scaled the presence of ECs to 13 • Trimmed the long tail of both to an omni-channel platform locations across 8 different cities designers and customers since FY25 • Opened 8 Experience Centres (EC) • Commenced the shift to Large- • Opened 4 Large-format ECs in in 5 cities including London format Experience Centres major cities during FY26 • Built Designer Brands supply across • Deepened designer supply in Luxury • FY27: first full year scenario run of categories and price points Womenswear (>₹1L) and Menswear last two FYs investments Omni-channel + Multi-Geography = Growth Strategy Brick by Brick Day by Day One win at a time “Since the acquisition of Pernia’s Pop-Up Shop by PSL in Feb 2018, we have built a dominant omni- channel global distribution for Indian Designer Brands. The platform leverages strengths of both online and offline network resulting in robust customer retention and high monetization.” Geographical distribution growth over last 8 years 1st GEN 2nd GEN 3rd GEN GEOGRAPHY - GMV FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Mumbai 5 14 11 40 96 127 122 205 Delhi 1 3 2 17 85 127 125 166 INDIA EXPERIENCE CENTRES Hyderabad - - 3 10 19 28 43 48 Ahmedabad - - - - 21 27 31 30 Rest of India* 0.1 3 4 10 17 41 70 90 USA 8 15 15 77 117 138 97 77 INTERNATIONAL OMNI-CHANNEL (ONLINE + EXPERIENCE CENTRES) UK 1 3 2 14 27 36 37 40 India 4 13 23 44 45 54 31 36 ONLINE ONLY Rest of the World 3 6 7 23 38 43 33 29 TOTAL GMV 23 57 66 234 466 622 588 722 (in INR Cr) * Includes Bangalore, Kolkata, Surat, Chennai, Indore AOV and GMV growth in the last 8 years 1st GEN 2nd GEN 3rd GEN 76 AOV 622 722 588 (in INR ‘000) 56 466 GMV 46 (in INR Cr) 39 31 27 25 234 22 57 66 23 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 PARTICULARS FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 GMV (in INR Cr) 23 57 66 234 466 622 588 722 No. Of Orders (in ’000) 8 22 30 76 118 137 105 96 AOV (in INR ‘000) 27 25 22 31 39 46 56 76 Our business strategy in the 3rd Generation Trimming the Long Tail Sharpen focus on Luxury “Since FY25, we have implemented a comprehensive strategy of eliminating the mass premium long tail on both the designers and customer sides of the platform.” Optimizing the platform to build a loyal customer base REPEAT CUSTOMERS % AVERAGE GMV PER CUSTOMER (in INR ‘000) 1st GEN 2nd GEN 3rd GEN 1st GEN 2nd GEN 3rd GEN 108 29% 28% 83 22% 67 19% 59 15% 14% 46 34 35 32 7% 0% FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 PARTICULARS FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Number of Unique Customers (‘000) 7 16 20 51 79 93 71 67 Total GMV (INR Cr) 23 57 66 234 466 622 588 722 Average GMV Per Customer (INR ‘000) 34 35 32 46 59 67 83 108 Increase wallet share from the high-value customers AVERAGE GMV OF TOP 10K CUSTOMERS (in INR ‘000) AVERAGE GMV OF TOP 50K CUSTOMERS (in INR ‘000) 1st GEN 2nd GEN 3rd GEN 1st GEN 2nd GEN 3rd GEN 140 406 342 113 113 329 88 261 154 47 34 35 32 53 59 34 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 PARTICULARS FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Top 10K Customers GMV (in INR Cr) 23 53 59 154 261 329 342 406 Top 10K Customers Contribution GMV % 100% 92% 89% 66% 56% 53% 58% 56% Top 50K Customers GMV (in INR Cr) 23 57 66 234 440 567 564 702 Top 50K Customers Contribution GMV % 100% 100% 100% 100% 94% 91% 96% 97% Building depth on focus categories to drive higher ROI Category GMV (in INR Cr) FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Womenswear (Upto INR 35k) 12 24 32 101 141 162 112 86 Womenswear (INR 35k-1 lakh) 7 13 14 57 116 136 137 163 Womenswear (Above INR 1 lakh) 1 3 7 36 122 187 196 312 Menswear 0.1 2 2 16 49 96 109 132 Others 3 16 11 24 37 41 34 29 Total GMV 23 57 66 234 466 622 588 722 No. of Units (in ‘000) FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Womenswear (Upto INR 35k) 7 15 23 67 95 100 59 42 Womenswear (INR 35k-1 lakh) 1 3 3 11 21 24 24 28 Womenswear (Above INR 1 lakh) 0.1 0.2 0.4 2 7 10 10 15 Menswear 0.3 1 1 9 26 42 40 39 Others 4 17 18 37 51 55 40 29 Total No. of Units 13 36 46 126 200 231 173 153 VMG STINU FO .ON 1st GEN 2nd GEN 3rd GEN Strengthen luxury positioning of the platform with focus categories CATEGORY-WISE GMV DISTRIBUTION 1st GEN 2nd GEN 3rd GEN Others (including Jewelery, Accessories and Kidswear) 4% 8% 7% 6% 10% 13% 16% Menswear 2% 28% 7% 11% 15% 19% 18% 5% 3% 10% 15% 3% 26% Womenswear (Above INR 1 lakh) 29% 4% 30% 22% 33% 24% 43% 23% Womenswear (INR 35k-1 lakh) 25% 22% 23% Womenswear (Upto INR 35k) 51% 49% 23% 41% 43% 30% 26% 19% 12% FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 – 9th year of Pernia’s Pop-Up Shop growth journey We invested heavily in FY26 Returns compound from FY27 “In FY26, we have opened 4 large format experience centres, all in major relevant locations. Fort Mumbai and South-Ex Delhi locations have been fully operational since Q2FY26 and Madison Avenue New York and Linking Road Bandra Mumbai from Q1FY27.” 3M FY27 Performance summary AOV GMV INVENTORY NWC* INR INR 174 Cr INR 159 Cr INR INR INR 86K 193Cr INR 105 Cr 66K INR 133 Cr 66 Cr Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 * NWC - Net Working Capital refers to sum of Inventories and Trade Receivables deducted by Trade Payables and revenue received in Advance from Customer 3M FY27 – Trajectory of Geographical distribution (in INR Cr) GEOGRAPHY Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY 26 3M FY26 3M FY27 Mumbai 28 49 63 65 205 28 50 Delhi 29 43 44 50 166 29 39 INDIA EXPERIENCE Hyderabad 10 11 13 14 48 10 16 CENTRES Ahmedabad 5 7 10 8 30 5 4 Rest of India* 18 21 26 25 90 18 29 INTERNATIONAL USA 20 22 14 22 77 20 29 OMNI-CHANNEL (ONLINE + EXPERIENCE CENTRES) UK 11 10 8 11 40 11 12 India 5 7 13 12 36 5 8 ONLINE ONLY Rest of the World 7 8 7 7 29 7 7 Total GMV 133 177 198 213 722 133 193 * Includes Bangalore, Kolkata, Surat, Chennai and Indore Financials Summary - Highlights (in INR Cr) PARTICULARS FY23 FY24 FY25 FY26 3MFY26 3MFY27 Total GMV 466 622 588 722 133 193 Average Order Value (AOV) in INR ‘000 39 46 56 76 66 86 Revenue from operations 369 504 490 558 106 119 Advance from Customer 34 33 40 39 37 49 Gross Profit 155 207 206 209 38 43 Gross Profit % 42% 41% 42% 38% 36% 36% EBITDA 2 32 42 30 -4 -11 EBITDA % 1% 6% 9% 5% -4% -9% Net Working Capital (NWC) 13 43 80 87 105 66 Inventory 87 140 160 163 174 159 Operating Profit before WC changes 2 36 49 39 -1 -9 Operating Cashflow (OCF) -44 -31 -45 -35 -55 -19 Free Cashflow (FCF) -57 -48 -57 -87 -71 -24 Financials Summary – GP to EBITDA Bridge (in INR Cr) PARTICULARS FY23 FY24 FY25 FY26 3MFY26 3MFY27 Revenue from operations 369 504 490 558 106 119 Gross Profit 155 207 206 209 38 43 Gross Profit % 42% 41% 42% 38% 36% 36% Salary Expenses 44 59 66 82 18 25 Salary Expenses as % of Revenue 12% 12% 14% 15% 17% 21% Marketing 48 54 33 30 7 7 Marketing Expenses as % of Revenue 13% 11% 7% 5% 7% 6% Logistics 26 28 21 21 5 6 Logistics Expenses as % of Revenue 7% 5% 4% 4% 5% 5% Other Expenses 37 40 47 55 13 18 Other Expenses as % of Revenue 10% 8% 10% 10% 12% 15% EBITDA 2 32 42 30 -4 -11 EBITDA % 1% 6% 9% 5% -4% -9% Financials Summary – EBITDA to PAT Bridge (in INR Cr) PARTICULAR FY23 FY24 FY25 FY26 3MFY26 3MFY27 EBITDA 2 32 42 30 -4 -11 EBITDA % 1% 6% 9% 5% -4% -9% Interest on Lease Liability 16 24 27 49 12 15 Depreciation of right of use assets 26 34 40 88 19 30 Other Finance Cost 9 17 26 48 9 19 Depreciation on other assets 3 5 14 12 2 5 Profit/(loss) before exceptional item and tax -52 -48 -65 -167 -46 -80 Exceptional item - expense/(income) -11 - 123 118 54 8 Profit/(loss) before tax -41 -48 -188 -285 -100 -88 Glossary PPUS Pernia’s Pop-Up Shop (Online) or Pernia’s Pop-Up Studio (Experience Centres) PPUS GMV or GMV It represents the monetary value of processed goods attributed to the specified categorisation such as product category, customers, designers, and regions. It is calculated at the maximum retail price of all orders placed by customers during a given period, irrespective of the fulfilment status. It is inclusive of all applicable taxes, discounts, shipping charges, and other ancillary or customization-related charges PPUS AOV or AOV It is calculated as PPUS GMV divided by No. of Orders. PPUS No. of Orders represents the count of orders processed through the PPUS Omni-channel in the given period Net Working Capital It refers to sum of Inventories and Trade Receivables deducted by Trade Payables and revenue received in Advance from Customer Gross Profit or Gross Margin It is calculated as Revenue from operations less Cost of Goods Sold. Cost of Goods Sold is sum of Cost of Materials Consumed, Purchases of stock-in-trade and Changes in inventories of finished goods, stock-in-trade and work-in-progress EBITDA It refers to earnings before interest, taxes, depreciation and amortisation which has been arrived at by adding finance costs, depreciation and amortisation expense to the Profit/(loss) before exceptional item and tax for the given period Annexure Consolidated Financial Statements Profit and Loss Statement (in INR Cr) PARTICULARS Q1FY26 Q4FY26 FY26 3MFY26 3MFY27 Income Revenue from operations 105.7 154.4 557.8 105.7 119.4 Other Income 1.3 2.6 9.3 1.3 2.5 Total Income 107.0 157.0 567.1 107.0 121.9 Expenses Cost of materials consumed 0.5 0.4 2.1 0.5 0.4 Purchases of stock-in-trade 81.0 67.5 349.8 81.0 71.7 Changes in inventories of finished goods, stock-in-trade and work-in-progress (13.4) 33.0 (3.5) (13.4) 4.6 Employee benefits expense 18.3 22.2 82.0 18.3 25.2 Finance costs 20.9 29.8 97.1 20.9 34.0 Depreciation and amortisation expenses 21.0 31.7 100.7 21.0 34.8 Other expenses 25.1 27.4 106.3 25.1 31.3 Total expenses 153.4 212.0 734.5 153.4 202.0 Profit / (loss) before exceptional item and tax (46.4) (55.0) (167.4) (46.4) (80.1) Exceptional item - expense/ (income) 54.0 8.0 118.0 54.0 8.0 Profit / (loss) before tax (100.4) (63.0) (285.4) (100.4) (88.1) Tax expense/(credit), net 0.0 0.0 0.0 0.0 0.0 Profit / (loss) after tax (100.4) (63.0) (285.4) (100.4) (88.1) Basic and Diluted EPS (in ₹) (14.93) (9.22) (41.98) (14.93) (12.92) Balance Sheet Statement (in INR Cr) ASSETS Q1 FY26 Q4 FY26 Q1 FY27 LIABILITIES Q1 FY26 Q4 FY26 Q1 FY27 PARTICULARS Jun-25 Mar-26 Jun-26 PARTICULARS Jun-25 Mar-26 Jun-26 Non Current assets Equity Property, Plant and Equipment 35.9 77.1 74.1 Equity Share capital 0.1 68.2 68.2 Right-to-use assets 307.4 416.5 385.7 Other Equity 70.9 (120.5) (200.8) Total Non Current Assets 411.2 554.2 521.9 Total Equity 71.0 (52.3) (132.6) Current Assets Non Current Liabilities Inventories 173.6 163.4 158.7 Lease liabilities 280.8 347.1 326.9 Total Current Assets 274.9 275.4 286.4 Total Non Current Liabilities 283.8 351.0 331.3 Current Liabilities Total Assets 686.1 829.6 808.3 Borrowings 199.7 371.4 436.4 Trade Payables 33.4 40.2 44.6 Revenue received in advance 37.0 39.5 49.5 Total Current Liabilities 331.3 530.9 609.6 Total Liabilities 615.1 881.9 940.9 Total Equity and Liabilities 686.1 829.6 808.3 * Except for the details for Mar-26 which are based on audited financial statements of the Company, the above mentioned information has not been reviewed or audited by the statutory auditors. Cashflow Statement (in INR Cr) PARTICULARS Q1FY26 Q4FY26 FY26 3MFY26 3MFY27 Net Profit Before Tax (100.4) (63.0) (285.4) (100.4) (88.1) Adjustments for: Non Cash Items / Other Investment or Financial Items 99.4 66.4 324.2 99.4 79.3 Operating profit before working capital changes (1.0) 3.4 38.8 (1.0) (8.8) Changes in working capital (53.9) 17.8 (73.5) (53.9) (10.2) Net Cash used in Operating Activities (55.0) 21.5 (34.9) (55.0) (19.0) Purchase of property, plant and equipment (16.3) (14.6) (48.9) (16.3) (5.5) Net Cash from Investing Activities (16.3) (17.1) (52.4) (16.3) (5.5) Payment of lease liabilities (7.5) (27.1) (78.9) (7.5) (12.7) Payment of interest on lease liabilities (6.3) (11.9) (47.8) (6.3) (16.4) Net Cash from Financing Activities 66.9 (4.3) 92.5 66.9 20.5 Cash & Cash equivalents at the end of the period 6.0 15.6 15.6 6.0 11.6 * Except for the details for FY26 which are based on audited financial statements of the Company, the above mentioned information has not been reviewed or audited by the statutory auditors. Contact Us COMPANY INVESTOR RELATIONS ADVISOR Purple Style Labs Limited Strategic Growth Advisors Pvt. Ltd. Abhishek Agarwal Mr. Rahul Agarwal / Mr. Devraj Ghatge investor.relations@purplestylelabs.com +91 9821438864 / +91 9168723907 www.purplestylelabs.com www.sgapl.net