RAMBHAJO

ADVIT JEWELS LIMITED (Formerly Known as Advit Jewels Private Limited) Corporate Office: Flat No. 201 and Basement, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur – 302001, Rajasthan, India Ref: AJL/CS/2026-27/08 Date: July 23, 2026 To, To, BSE Limited National Stock Exchange Limited Department of Corporate Services Exchange Plaza, 5th Floor, Pheroze Jeejeebhoy Towers, Dalal Street, Plot No. C/1, G Block, Mumbai –400001 Bandra-Kurla Complex, Mumbai – 400051 Scrip Code: 544803 Trading Symbol: RAMBHAJO Subject: Investor Presentation or Communication Dear Sir/Madam, We hereby inform you that in compliance with the applicable requirements of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, from time to time, enclosing herewith a copy of the Investor Presentation or Communication, in connection with the Audited Financial Results of the Company for the quarter and financial year ended on March 31, 2026. In compliance with the Regulation 46 of the Listing Regulations, the aforesaid presentation will also be hosted on the website of the Company and same can be accessed at www.rambhajo.com. Kindly take the same on record. Thanking You, Yours faithfully FOR ADVIT JEWELS LIMITED Pratibha Soni Company Secretary and Compliance Officer M. NO.: A71116 Enclosure: as above CIN: U36910RJ2019PLC066804 Registered Office: Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur – 302001, Rajasthan, India Contact No.: 0141-4027333/4028333; Email Id: cs@advitjewels.com Website: www.rambhajo.com; GST No.: 08AASCA8740N1ZU Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Advit Jewels Limited (The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantee of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. 2 Investor Presentation Advit Jewels At A Glance Advit Jewels Limited is engaged in the design, manufacturing and sale of traditional and contemporary jewellery, with a focus on Kundan, Polki, Diamond & Studded Jewellery. The Company operates from Jaipur, Rajasthan, a recognised hub for gemstone and jewellery craftsmanship, and manufactures a range of bridal, antique and customized jewellery pieces catering to diverse customer preferences. The Company follows an integrated business model with in-house design, manufacturing, stone setting, polishing and quality control processes, enabling it to manage production from raw material procurement to finished jewellery. Advit Jewels primarily serves jewellery retailers and dealers through a B2B model, while also catering to select customers through customized orders. The promoters are associated with a jewellery business with roots dating back to 1921, and the Company continues this legacy through design-led product development and traditional craftsmanship. With a manufacturing facility in Jaipur and a customer base spread across multiple states in India, Advit Jewels focuses on producing handcrafted jewellery aligned with market demand and customer specifications. 3 Investor Presentation Key Facts & Figures 100+ 2019 400 Kg Years Legacy of Incorporation Annual Capacity Business gold 21 21 274 Jewellery Product States Geographic Active Customers as Categories Sales Presence on March 31, 2026 FY26 Highlights ₹ 16,702 Lakhs 29.48% 20.59% 45.63% 29.39% Operating Revenue EBITDA Margin Net Profit Margin ROE ROCE 4 Investor Presentation Board Of Directors & Key Managerial Personnel Mr. Nitin Gilara Mr. Prateek Gilara Mr. Vipul Gilara Chairman & Managing Director Whole Time Director Whole Time Director 26 Years In The Jewellery Segment 18 Years In The Jewellery Segment 14+ Years In The Jewellery Segment He completed his Bachelor of Commerce from He has been associated with Rambhajo He has been associated with our Company the University of Rajasthan in 1995. He has been Jewellers since 2003 and brings years of since its incorporation as a Director and was associated with Rambhajo Jewellers since 1999. industry experience. He oversees vendor re-designated as Whole Time Director in He oversees the overall operations of the relations, manufacturing operations, 2025. He oversees new business business and provides strategic direction for the product innovation, and brand development, market expansion, digital Company’s growth and development. development of the Company. transformation, and strategic alliances. Mr. Krishna Gilara Mr. Sidharth Bafna Mr. Amit Bardia Mr. Divyank Bader Ms. Arzoo Mantri Mr. Deepesh Sharma Ms. Pratibha Soni Non-executive Independent Independent Independent Independent Chief Financial Company Secretary Cum Director Director Director Director Director Officer Compliance Officer 5 Investor Presentation Operational Growth Indicators Total Quantity Sold No. of Products Customer Matrix In Kg No. of Customers Revenue Per Customer (In ₹ Lakhs) 280 70 60.96 21 239.63 241.51 274 60 275 48.24 17 50 187.62 270 40 265 10 26.71 30 260 260 258 20 255 10 250 0 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 • Increasing production scale as total quantity sold grew from 187.62 kg in FY24 to 241.51 kg in FY26. • Growing customer base supporting business expansion as number of customers increased from 260 in FY24 to 274 in FY26. 6 Investor Presentation Expanding Market Presence Across India Geography Wise Revenue Distribution Delhi Gujarat Maharashtra Punjab Rajasthan Others Total Operating Revenue (In ₹ Lakhs) ₹6,944.26 ₹12,493.73 16701.56 120.00% 100% 90% 100.00% 80% 23.66% 23.39% 27.04% 70% 80.00% 60% 20.09% 27.54% 60.00% 35.76% 50% 5.56% 8.58% 40% 40.00% 5.83% 22.82% 30% 24.65% 11.16% 3.11% 20% 20.00% 15.40% 8.01% 20.75% 10% 9.09% 7.56% 0.00% 0% FY24 FY25 FY26 • Expanding market reach across India as the company serves customers across 21 states including Gujarat, Maharashtra, Rajasthan, Punjab and Delhi. • The company established an early export footprint in FY26, generating ₹160.63 lakh in revenue from international markets, contributing 0.96% to total revenue. 7 Investor Presentation Integrated Jewellery Manufacturing & Distribution Model Value Chain Design Manufacturing Quality Control Distribution Design & Product Development Integrated Manufacturing Sales & Distribution Network • In-house jewellery design using CAD and prototype • Manufacturing facility located in Jaipur • B2B sales to jewellery retailers and development wholesalers across India • Installed capacity (gold) of 400 kg annually • Portfolio includes Kundan, Polki, Diamond and • B2C customised jewellery orders Studded jewellery • In-house processes including casting, stone setting, polishing and finishing • Customer presence across 21 Indian states • Customized designs based on customer requirements 8 Investor Presentation Diversified Jewellery Portfolio Across Traditional & Bridal Categories Core Specialization Segment Wise Revenue Breakup Cut setted Diamond Jewellery with Gold Kundan Meena Polki Jadau Polki Jewellery Job Work Total Revenue (In ₹ Lakhs) 120.00% 100% 6,944.26 12,493.73 16,701.56 90% 0.20% 100.00% 2.91% 3.23% 80% 70% 80.00% Kundan Jewellery Polki Jewellery 60% 60.00% 50% 94.38% 95.46% 97.65% 40% 40.00% 30% 20% 20.00% 10% 2.71% 1.31% 2.15% 0.00% 0% Diamond Studded Jewellery Antique Bridal Jewellery FY24 FY25 FY26 9 Investor Presentation Signature Jewellery Collections Earrings Bangles Brooch Nath Necklace Rings 10 Investor Presentation Integrated Jewellery Manufacturing Facility Location Jaipur, Rajasthan Annual Installed Capacity (gold) 400 Kg Built up Area 6,450 Sq ft Integrated Operations Equipped With 35 Skilled Artisan For • Design • Casting • 3D Printers • Casting Machines Handcrafted Jewellery Production • Stone Setting • Polishing & Finishing • Jewellery Manufacturing Equipment Capacity Utilisation Particulars FY24 FY25 FY26 Annual Capacity Installed (in Kg.) 400 400 400 Capacity Utilisation (%) 43.02% 45.86% 31.54% 11 Investor Presentation Multi-Stage Quality Assurance Framework Order Verification • Purchase order verified against approved jewellery design specifications Stone Setting Inspection • Micro and normal inspections conducted after stone setting • Defective stones identified and replaced Frame (Ghaat) Inspection • Verification of metal purity (14K / 18K), weight, dimensions & design alignment Post-Manufacturing Inspection • Microscope checks to verify stone placement and finishing accuracy Diamond & Polki Testing • Diamonds and polkis tested using CVD testing machines • Ensures use of natural stones & authenticity Final Quality Approval • Final inspection for stone setting, design accuracy and carat compliance • Products dispatched only after QC supervisor approval 12 Investor Presentation Multi-Channel Sales & Distribution Network Business-to-Business (Wholesale & Direct Orders) Direct Sales (B2C Display Centre) • Supplies ready-to-sell and made-to-order jewellery to wholesale and • Direct-to-consumer sales through display centre and appointment-based domestic clients consultations • Products offered in private label and white-label formats • Customers connect via phone, email and social media for personalized consultations • Customization of designs, materials and finishes based on retailer requirements • Enables control over pricing, customer experience & product customization • Established brand credibility supporting long-term relationships with business buyers • Focus on relationship-driven sales for customized jewellery purchases 13 Investor Presentation Multi-Channel Sales & Distribution Network Marketing Channels & Brand Promotion • Combination of traditional marketing and digital promotion initiatives • Participation in jewellery exhibitions and trade fairs such as Couture India • Partnerships with wedding planners, stylists, luxury lifestyle boutiques & designers • Engagement with customers through social media and brand visibility initiatives No. of followers No. of followers 1,07,000 2,400 Instagram (As of July 21, 2026) Facebook (As of July 21, 2026) 14 Investor Presentation Revenue Composition & Customer Diversification Sector Wise Revenue Breakup Customer Wise Revenue Distribution B2B B2C Job Work Total Revenue (In ₹ Lakhs) Top 10 Others 120.00% 100% 120% 6,944.26 12,493.73 16,701.56 90% 100.00% 2.91% 3.23% 0.18% 100% 80% 19.64% 18.37% 70% 80.00% 33.99% 80% 45.83% 47.31% 56.94% 60% 60.00% 50% 60% 40% 40.00% 78.40% 80.18% 40% 30% 63.10% 54.17% 52.69% 20% 43.06% 20.00% 20% 10% 0.00% 0% 0% FY24 FY25 FY26 FY24 FY25 FY26 • Advit Jewels serves jewellery retailers, wholesalers, boutique stores & direct high-value customers. • Strong expansion in business scale and sales volumes as revenue grew from ₹6,944.26 Lakhs in FY24 to ₹16,701.56 Lakhs in FY26. • Established B2B distribution network as B2B segment contributed 80.18% of total revenue in FY26. • Improving customer diversification as contribution from Top 10 customers declined from 75.47% in FY23 to 52.69% in FY26. 15 Investor Presentation Key Competitive Strengths Organized Manufacturing Under One Roof • Integrated manufacturing facility in Jaipur (6,450 sq. ft.) • In-house processes including casting, engraving, stone setting and polishing • Centralized production supporting operational efficiency and quality control Design and Innovation: Diversified Product Offering Across Customer Segments • Jewellery collections across Antique, Bridal, Traditional & Contemporary styles • In-house design team developing products based on customer preferences Robust Operational Systems and Risk Mitigation Framework • Internal systems supporting process control and compliance • Raw materials sourced from authorized bullion suppliers • Security measures including CCTV surveillance and secure storage Experienced Leadership with Proven Execution Capability • Promoters with long-standing experience in the jewellery industry • senior management team with expertise in design, operations, marketing and finance. Unwavering Commitment to Quality • Multi-stage quality inspection across manufacturing stages • Focus on design accuracy, stone setting and finishing quality 16 Investor Presentation Indian Gems & Jewellery Industry Overview Gold Price Per 10 Gram (In ₹) • Valued at USD 80–85 billion in FY 2024, the Indian gems and jewelry 1,45,000.00 retail market is projected to reach USD 140–155 billion by FY 2028. 71,834.00 • India’s gems and jewelry retail sector is a key economic driver, contributing 60,624.00 52,730.80 48,723.20 47,999.30 7% to the national GDP and employing approximately 4.6 to 5 million people. • The sector is a global leader, accounting for 15% of India’s merchandise FY21 FY22 FY23 FY24 FY25 FY26 exports and handling 75% of the world's polished diamond exports. Jewellery Consumption In India (In Tonnes) • The organized segment is expected to grow from a 36-38% market share in 610.00 600.00 FY 2024 to 42-43% by FY 2028, led by digital retail penetration, evolving 575.80 563.40 luxury tastes, and modern retail infrastructure 430.50 • Average gold prices have shown a steady upward trajectory, rising from INR 48,723.2 per 10 grams in FY 2021 to INR 71,834.0 in FY 2025, marking an almost 19% year-on-year increase. CY21 CY22 CY23 CY24 CY25 Source: DRHP Page No. 152,150,171, 17 Investor Presentation India – A Leading Global Gold Jewellery Market • India’s gold jewelry consumption stood at 563.4 tonnes in CY 2024, showing a Gold Jewellery Consumption In CY 2024 resilient base despite a cumulative tonnage drop of about 7.6% since CY 2022. (In Tonnes) India Greater China USA Russia Turkey • In CY 2024, India overtook China to become the world’s largest consumer of gold jewelry, with demand at 563.4 tonnes compared to China’s 479.3 tonnes. 40.90 • Western markets like the United States and Germany remain significantly 41.20 smaller, with demand at 132.1 tonnes and approximately 42 tonnes, respectively. 132.10 563.40 511.40 Source: DRHP Page No. 151,153 18 Investor Presentation India’s Leadership In Global Diamond Processing Value Of Daimond Processed in India (In ₹ Mn) • India processes approximately 75% of the world’s polished diamonds, as recognized by government bodies such as the Gem & Jewelry Export Promotion Council (GJEPC) under the Ministry of Commerce. 2,34,062.00 2,36,635.00 • India holds the leading position worldwide, ranking first with exports valued at USD13.70 billion, which accounts for 25% of global exports. 1,79,214.00 1,51,030.00 • India employs nearly 1.3 million skilled artisans specifically for the diamond 1,26,480.00 industry, with expertise passed down through generations. • Diamond processing in India is done by artisans in key hubs such as Surat, Jaipur and Mumbai. FY21 FY22 FY23 FY24 FY25 Source: DRHP Page No. 141, 154,155 19 Investor Presentation Operational KPIs Particulars FY24 FY25 FY26 Total Quantity Sold (in kg) 187.62 239.63 241.51 Installed Capacity (in kg) 400 400 400 Actual Production (in kg) 172.072 183.438 125.79 % Utilisation 43.02% 45.86% 31.45% No. of Customers 260 258 274 Total Employee Base 21 68 118 Geographic Sales Coverage (State Wise) 21 21 21 Revenue per Customer 26.71 48.24 60.96 No. of products 17 21 10 20 Investor Presentation Financial Performance Snapshot Total Income Profits Margins In ₹ Lakhs In ₹ Lakhs In % EBITDA Net Profit EBITDA % Net Profit % 16,702.56 4,923.80 12,494.47 3715.41 29.74% 29.48% 3,438.79 27.29% 2,536.71 6,945.25 21.18% 20.30% 20.59% 1,895.17 1,471.04 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 21 Investor Presentation Profit & Loss And Cash Flow Statement All Amount ₹ In Lakh & Margins In % Particulars FY24 FY25 FY26 Q4 FY26 Revenue from Operations 6,944.26 12,493.73 16,701.56 4,322.55 Other Income 0.99 0.74 1.00 0.37 Total Income 6,945.25 12,494.47 16,702.56 4,322.92 Cost of Materials Consumed 7,760.17 13,011.95 13,156.16 5,072.50 Changes in Inventories of Finished, Work in Progress & (2,815.06) (4,803.03) (2,332.03) (2,278.29) Stock in Trade Employee Benefit Expenses 25.40 211.10 336.24 96.56 Other Expense 78.58 359.04 618.39 176.59 Total Expenditure 4,049.09 8,779.06 1,1778.76 3067.36 EBITDA 1,895.17 3,714.67 4,923.80 1,255.56 EBITDA (%) 27.29% 29.73% 29.48% 29.04% Finance Costs 79.90 582.51 645.23 141.57 Depreciation and Amortisation Expense 37.42 62.75 116.38 47.33 PBT 1,778.84 3,070.15 4,162.19 1,066.66 Tax 307.80 533.44 724.20 193.41 PAT 1,471.04 2,536.71 3,438.79 874.05 PAT Margin(%) 21.18% 20.30% 20.59% 20.22% Cash Flow Statement Cash Flow from Operating Activities (1,049.33) (3,697.69) 1,333.17 Cash Flow from Investing Activities (202.26) (1,326.38) (667.00) Cash Flow from Financing Activities 1,379.32 4,902.12 (903.09) Net Increase in Cash & Cash Equivalents 127.73 (121.95) (236.92) 22 Investor Presentation Balance Sheet All Amount In ₹ Lakhs Equities&Liabilities FY24 FY25 FY26 Assets FY24 FY25 FY26 Non-CurrentAssets Equity Share Capital 1.00 1.00 3,201.00 Property, Plant and Equipment 106.30 1,396.34 1,434.48 Other Equity 3,279.29 5,811.01 6,058.25 Right of use of Assets 86.82 60.42 170.54 Total Equity 3,280.29 5,812.01 9,259.25 Intangible Assets - - 175.73 Non-CurrentLiabilities Capital Work In Progress - - 226.63 Long TermBorrowings - 1,060.27 948.53 Financial Assets 7.44 8.18 8.99 Long Term Lease Liabilities 63.33 41.14 119.11 Deferred Tax Assets (Net) 9.67 14.31 18.87 Provision 2.78 9.82 7.07 TotalNon-CurrentAssets 210.23 1,479.25 2,035.24 TotalNon-CurrentLiabilities 66.11 1,111.23 1,074.71 CurrentAssets CurrentLiabilities Inventories 4,491.67 10,723.91 13,819.93 Short TermBorrowings 1,969.51 6,419.57 6,153.70 Tradereceivables 757.50 1,477.54 899.90 Short Term Lease Liabilities 32.87 30.14 71.12 Cash and Cash Equivalents 385.12 263.17 26.25 Trade Payables 896.44 257.18 92.44 Loans 0.02 0.80 0.00 Other Financial Liabilities 27.97 115.86 57.85 OtherFinancialAssets - 0.10 1.20 Provisions 7.10 20.98 12.40 Current Tax Assets 25.12 - - Other Current Liabilities 440.64 145.44 430.09 Current Tax Liabilities (Net) - 172.99 24.69 Other Current Assets (Net) 851.27 140.63 393.73 TotalCurrentLiabilities 3,374.53 7,162.16 6,842.29 TotalCurrentAssets 6,510.70 12,606.15 15,141.01 TotalEquity&Liabilities 6,720.93 14,085.40 17,176.25 TotalAssets 6,720.93 14,085.40 17,176.25 23 Investor Presentation Key Ratios ROE ROCE Earnings Per Share In % In % In ₹ 57.82 55.79 35.41 10.74 45.63 27.48 29.39 7.92 4.60 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Debt to Equity Ratio Current Ratio Receivable Turnover Ratio In Times In Times In Times 1.29 2.21 14.05 1.93 1.76 11.18 0.77 0.60 6.01 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 24 Investor Presentation Business Growth Strategies Enhance Our Financial Capabilities To Facilitate The Expansion Of Our Business Operations • Strengthening financial resources to support working capital and inventory procurement • Managing credit cycle with retail customers (40–45 days) while maintaining liquidity • Access to additional funding to scale operations and support growth opportunities Continued Focus On Creative Designs • Ongoing development of innovative jewellery collections aligned with market trends • Participation in industry exhibitions such as Couture India and JAS • In-house design team focusing on new concepts and product variations Geographic Expansion: Scaling Across India • Expanding presence across high-potential markets in India • Planned flagship store development in Jaipur (27,790 sq. ft. constructed area) • Strengthening retail reach through franchise model and Tier 1 & Tier 2 city expansion Strengthening Brand Visibility And Customer Engagement • Enhancing online presence through social media and digital platforms • Participation in industry trade fairs and exhibitions Social Media Following As Of July 21, 2026 Instagram 1,07,000 Facebook LinkedIn Followers 2,400 Followers 6,000 Followers 25 Investor Presentation Investment Highlights Revenue Growth With Margin Stability Design-LED Product Development Revenue increased from ₹6,944.26 Lakh in FY24 to ₹16,701.56 Lakh in An in-house design team develops jewellery collections across FY26, supported by demand for traditional jewellery and expansion of bridal, traditional and contemporary categories, supporting the customer base while maintaining EBITDA margins around 29.48%. customized orders and evolving customer preferences. Established Presence In Traditional Jewellery Segment Strong Return Ratios The company specializes in Kundan, Polki & bridal jewellery, which The company reported ROE of 45.63% and ROCE of 29.39% in FY26, contribute the majority of revenue, positioning the business in a indicating efficient capital utilization within the manufacturing segment driven by wedding demand & customized jewellery and distribution model. preferences. Integrated Jewellery Manufacturing Operations Diversified Customer Base With Repeat Business The company operates an integrated manufacturing facility in The company served 274 customers across 21 states in FY26, with Jaipur, covering design, casting, stone setting, polishing and finishing, relationships with jewellery retailers and wholesalers supporting enabling control over production quality and timelines. recurring demand. Extensive B2B Presence With Nationwide Retailer Network Experienced Promoter Background In Jewellery Trade Approximately 80.18% of FY26 revenue is generated through B2B Promoters are associated with a jewellery business with roots sales to jewellery retailers and dealers across 21 Indian states in dating back to 1921, providing experience in sourcing, FY26, enabling market reach without a large retail footprint. craftsmanship and customer relationships within the industry. Capacity Headroom For Production Growth Expansion Strategy Through Retail Presence And Design Focus With installed capacity (gold) of 400 kg and utilization of 31.45% in Planned initiatives include flagship store development, expansion FY26, the company has production headroom to support future of design collections and participation in jewellery exhibitions, demand growth without immediate major capacity expansion. aimed at strengthening brand visibility and market reach. 26 Investor Presentation Thank You Advit Jewels Limited Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur, Rajasthan, India, 302001 Tel. Number: +91 92160 35990 Email: cs@advitjewels.com Website: www.rambhajo.com Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604 E-mail: info@kirinadvisors.com Phone: 022 4100 2455 Website: www.kirinadvisors.com