Investor Presentation

Date: 26.10.2026 To, To, BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, 5th Floor, Pheroze Jeejeebhoy Towers, Dalal Plot No. C/1, G Block, Street, Bandra-Kurla Complex, Mumbai – 400051 Mumbai –400001 BSE Scrip Code: 544903 NSE Symbol: DEEPA Dear Sir / Ma’am, Sub: Investor Presentation or Communication Dear Sir / Ma’am, 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 (“SEBI LODR”), as amended, from time to time, enclosing herewith a copy of the Investor Presentation or Communication, in connection with the un-audited Financial Results of the Company for the quarter and half year ended on September 30, 2026. In compliance with the Regulation 46 of the SEBI LODR, the aforesaid presentation will also be hosted on the website of the Company and same can be accessed at www.deepajewel.com We request you to kindly acknowledge and take the above on record. Thanking You, For Deepa Jewellers Limited (Formerly ‘Deepa Jewellers Private Limited’) Vandana Modani Company Secretary and Compliance Officer M. No.: A53323 Encl: As above Investor Presentation Q2/H1-FY27 Snapshot 13 States & 1 UT 110+ Year of Presence SKUs Promoter experience 24,000+ 370+ 15+ Designs Customers In-house designer team 28% 68% Highly Skilled 3-Year Revenue CAGR* 3-Year PAT CAGR* Karigars Network *Revenue CAGR is calculated over the three-year period from FY23 to FY26. Q2/H1-FY27 Performance Highlights Financial Highlights Q2-FY27 H1-FY27 Revenue from Revenue from EBITDA Margins EBITDA Margins EBITDA EBITDA Operations Operations INR 6,256 Mn INR 453 Mn 7.24% INR 10,567 Mn INR 840 Mn 7.95% 24.6% YoY 17.1% YoY (47) Bps YoY 30.1% YoY 24.3% YoY (37) Bps YoY PAT PAT Margins Diluted EPS PAT PAT Margins Diluted EPS INR 373 Mn 5.96% INR 4.10 INR 641 Mn 6.07% INR 7.42 37.1% YoY 54 Bps YoY 22.8% YoY 31.9% YoY 9 Bps YoY 25.5% YoY Operational Highlights • During the quarter, the company commenced operations at the in-house manufacturing facility in Hyderabad, strengthening internal manufacturing capabilities. • Revenue grew 24.6% YoY to INR 6,256 Mn in Q2 FY27 and 30.1% YoY to INR 10,567 Mn in H1 FY27, with quarterly growth moderated by the shift in festive demand. • Our business typically follows a seasonality pattern, with H1 contributing around 40% of annual revenue and a larger share accruing in H2. The shift in festive demand into the second half, along with the fresh issue proceeds, is expected to support our growth trajectory in H2 FY27. • Gross margin remained resilient at 7.80% in Q2 FY27 and 8.50% in H1 FY27, with the H1 margin declining marginally by 15 bps YoY. • EBITDA stood at INR 453 Mn in Q2 FY27, up 17.1% YoY, while EBITDA margin was 7.24% in Q2 FY27 and 7.95% in H1 FY27, compared with 8.32% in H1 FY26, primarily due to lower gross margin and a marginal increase in employee expenses. • PAT for Q2 FY27 increased 37.1% YoY to INR 373 Mn, with PAT margin improving by 54 bps YoY to 5.96%. For H1 FY27, PAT grew 31.9% YoY to INR 641 Mn, with PAT margin improving by 9 bps YoY to 6.07%, supported by higher other income and a lower tax outgo. Q2-FY27 Segmental Performance Total Operational Revenue (INR Mn) Processing & Manufacturing Job Work Service Revenue (INR Mn) Revenue (INR Mn) 6,256 6,198 63 5,021 4,971 4,311 4,246 45 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Total Volume (Kgs) Processing & Manufacturing Job Work Service Volume (Kgs) Volume (Kgs) 809 494 491 221 226 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 H1-FY27 Segmental Performance Total Operational Revenue (INR Mn) Processing & Manufacturing Job Work Service Revenue (INR Mn) Revenue (INR Mn) 10,567 10,444 120 8,122 8,024 H1-FY26 H1-FY27 H1-FY26 H1-FY27 H1-FY26 H1-FY27 Total Volume (Kgs) Processing & Manufacturing Job Work Service Volume (Kgs) Volume (Kgs) 1,327 827 544 1,188 H1-FY26 H2-FY27 H1-FY26 H1-FY27 H1-FY26 H1-FY27 Quarterly Standalone Income Statement (INR Mn) Q2-FY27 Q2-FY26 YoY Q1-FY27 QoQ Operational Revenue 6,256 5,021 24.6% 4,311 45.1% Total Expenses 5,803 4,634 25.2% 3,924 47.9% EBITDA 453 387 17.1% 387 17.1% EBITDA Margins (%) 7.24% 7.71% (47) Bps 8.98% (174) Bps Other Income 5 - NA - NA Depreciation 6 2 NA 5 20.0% Finance Cost 21 19 10.5% 24 (12.5)% PBT 431 366 17.8% 358 20.4% Tax 58 94 (38.3)% 90 (35.6)% PAT 373 272 37.1% 268 39.2% PAT Margins (%) 5.96% 5.42% 54 Bps 6.22% (26) Bps Other Comprehensive Income - - NA 1 NA Total Comprehensive Income 373 272 37.1% 269 38.7% Basic/Diluted EPS (INR) 4.10 3.34 22.8% 3.27 25.4% Half Yearly Standalone Income Statement (INR Mn) H1-FY27 H1-FY26 YoY Operational Revenue 10,567 8,122 30.1% Total Expenses 9,727 7,446 30.6% EBITDA 840 676 24.3% EBITDA Margins (%) 7.95% 8.32% (37) Bps Other Income 5 - NA Depreciation 10 2 NA Finance Cost 45 23 95.7% PBT 790 651 21.4% Tax 149 165 (9.7)% PAT 641 486 31.9% PAT Margins (%) 6.07% 5.98% 9 Bps Other Comprehensive Income - - NA Total Comprehensive Income 641 486 31.9% Basic/Diluted EPS (INR) 7.42 5.91 25.5% Company Overview Company Overview Incorporated in 2016 by Mr. Ashish Agarwal and Mrs. Seema Agarwal, Deepa Revenue from Operations (INR Mn) & EBITDA Margin (%) Jewellers Ltd. is an organised B2B designer, processor and supplier of hallmarked gold jewellery 19,267 Specialises in traditional gold waist belts (Vaddanam), CNC Machine cut bangles and other jewellery, with a portfolio spanning 16 product categories 13,970 7.95% and 110 SKUs 10,246 10,567 7.59% Strong design and product development capabilities, supported by an in- house team of 15 designers and a wide design repository of 24,000+ designs, 4.01% 3.49% enabling customised offerings aligned with regional preferences and evolving customer requirements. FY24 FY25 FY26 H1-FY27 Operates an asset-light processing model supported by external karigars, while expanding into dedicated in-house manufacturing in Hyderabad FY26 Segment Wise Revenue Breakup (%) Primarily operates across Telangana, Andhra Pradesh, Tamil Nadu, Karnataka Processing & and Kerala, with a strong presence in the Southern Indian jewellery market Manufacturing 99.00% Established long-standing relationships with leading jewellery retailers, including Joyalukkas, Kalyan Jewellers, Lalithaa Jewellery, Bhima jewellers and other regional jewellery chains Established customer network of 373 customers, comprising 47 jewellery Job Work retail chains and 326 standalone stores across 13 States and 1 Union Others 0.89% Territory 0.11% History and Timeline 2025 • Ordered machinery for setting up first in-house manufacturing facility 2022 2016 • Expanded geographical market presence in Vijayawada, Andhra Incorporated as organized Crossed annual turnover Pradesh through the establishment B2B designer, processor, and of INR 5,000 million of its first sales office supplier of hallmarked gold jewellery 2020 2024 2026 Diversified product portfolio: Crossed annual • Successfully Launched Supply of CNC machine-cut turnover of INR our Initial Public Offering bangles and kadas for men 10,000 million (IPO) • Commenced Operations at our manufacturing facility to strengthen in- house production capabilities. Board of Directors & Key Managerial Personnel 25+ 05+ 25+ 10+ 25+ 12+ Ashish Agarwal Dev Agarwal Seema Agarwal Komal Agarwal Grandhi Vittal Sirisha Chintapalli Promoter & Chairman and Promoter and Whole-Time Promoter and Non-Executive Non- Independent Director | 10+ Independent Director | 25+ Independent Director | 12+ Managing Director Director Independent Director years experience years experience years experience 25+ years experience 5+ years experience 25+ years experience ❖ Associated as a director ❖ Responsible for overseeing ❖ 25 years of experience in the ❖ ICAI member; Certified ❖ B.Com., Andhra University; ❖ B.Com., Nagarjuna since incorporation daily management, jewe [Showing first 8,000 characters — download PDF for full document]