Investor presentation

R Aditya Vision Limited R Date- October 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai-400 001 Mumbai- 400051 Scrip Code: 540205 Symbol-AVL Sub:- Submission of Investor Presentation Dear Sir/Ma’am With reference to the above captioned subject, please find attached herewith Investor Presentation for the quarter and half year ended September 30, 2026. This is for your information and record. Thanking you Yours faithfully For Aditya Vision Limited Akanksha Arya Company Secretary INVESTOR PRESENTATION Q2 & H1 FY27, OCT 2026 Disclaimer This presentation and the accompanying slides (the “Presentation”), have been prepared by Aditya Vision 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 whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. Certain statements in this presentation concerning our future growth prospects are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The Risk and uncertainties relating to the statements include but are not limited to, risks and uncertainties regarding fiscal policy, competition, inflationary pressures, climate and general economic conditions affecting demand/supply and price conditions in domestic and international markets. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable. 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. The Company does not make any promise to update/provide such a presentation along with results to be declared in the coming quarters and years. Q2 & H1 FY27: Robust Execution Execution-Led Growth Delivering a Record Q2 Performance • Achieved best ever Q2 performance with revenue growth of 28% YoY, EBITDA margins expanding to 7.8% and PAT rising 45% YoY, reflecting strong growth and improving profitability. Strengthening Core-Market Momentum • SSSG rebounded to 18% in H1FY27, reflecting sustained momentum across core markets, supported by deeper market penetration and stronger customer traction. Building a Diversified State Mix • Expanded to 214 stores, with a diversified H1 revenue mix led by Bihar (72%), followed by Uttar Pradesh (16%), Jharkhand (11%) and Chhattisgarh (1%). Accelerating Geographic Expansion • Entered 3 new states within six months - Chhattisgarh, Madhya Pradesh and West Bengal accelerating geographic expansion ahead of guidance. Mr. Yashovardhan Sinha Chairman & Managing Director Real Bharat, Real Challenges Q2 FY27: Macro factors impacting discretionary spending 1 2 3 4 Bihar Floods & Cyclone Staples Inflation War & LPG Price Hikes Durables Price Hikes Floods across 15 districts disrupted Rising food prices pushed Fuel worries and costlier cooking Another industry-wide price hike of footfalls and rural incomes in our households to save, squeezing gas made households hold on to 2026 ahead of the festive season led core market discretionary spends on durables cash buyers to defer purchases Bihar floods, essentials inflation and fuel uncertainty squeezed discretionary spending in Q2; durables makers lined up another price hike before Diwali Source: Media Sources – Goodreturns, NewsX, The Print, IBTimes India, NDTV 5 Financials: Consistent Compounding Gaining market share (Rs. Cr) Reven u e E BITDA PBT PAT 28.1% 31.6% 45.3% 45.2% 7 586 Y 458 35 F 18 2 13 Q 17 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 M argi ns 7.6% 7.8% 3.7% 4.1% 2.8% 3.2% 36.8% 41.0% 27.3% 41.1% 7 127 96 2 1,779 Y 1,398 124 90 68 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 M argi ns 8.9% 9.6% 6.4% 7.1% 4.9% 5.4% H1 FY27 Operational Performance (Rs. Cr) SAME STO R E SAL ES BIL L CUTS (Nos. i n AV ER AGE SEL L ING GR O WTH(% ) ‘0 0 0 ) P R ICE (R s.) 18% 16.8% 6.8% 2 724 22,724 24,272 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 P R O D UCT M IX (% ) STO R E CO UNT (Nos.) R ETAIL FO OTP R INT ( Sq . Ft . ) 13.8% 18.3% 18% 17% 7 21% 23% 188 9,51,000 1 8,03,625 H 61% 60% H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 Large Appliances Digital Gadgets Small & Other Appliances *SSSG in H1FY26 was impacted by unseasonal rainfall. Q2 & H1 FY27 Financial Performance Particulars (Rs. Cr) Q2FY27 Q2FY26 YoY% H1FY27 H1FY26 YoY% Revenue from Operations 586 458 28.1% 1,779 1,398 27.3% COGS 491 389 26.3% 1,491 1,185 25.9% Gross Profit 96 69 38.8% 287 213 34.9% Gross Margin % 16.3% 15.1% 125 bps 16.2% 15.2% 91 bps Other Expenses 50 34 46.0% 117 89 32.3% EBITDA 46 35 31.6% 170 124 36.8% EBITDA Margin % 7.8% 7.6% 21 bps 9.6% 8.9% 66 bps Depreciation 13 10 29.6% 26 20 32.0% Profit Before Interest & Tax 32 24 32.5% 144 105 37.6% Interest 10 10 4.7% 22 19 16.1% Other Income 2 4 2 4.6% 4 13.9% Profit Before Tax 24 17 45.3% 127 90 41.1% Tax 6 4 45.5% 31 22 41.4% Net Profit 18 13 45.2% 96 68 41.0% PAT Margin (%) 3.2% 2.8% 37 bps 5.4% 4.9% 52 bps Diluted Earnings Per Share (Rs) 0.98 5.25 1.43 45.9% 7.41 41.1% Balance Sheet Particulars (Rs. Cr) Sept-26 Mar-26 Particulars (Rs. Cr) Sept-26 Mar-26 Equity Non-Current Asset (a) Equity Share Capital 13 13 Property, Plant and Equipment 136 131 (b) Other Equity 755 676 Capital Work in Progress 7 6 Total Equity 768 688 ROU 230 195 Non-current Liabilities Financial Assets (a) Borrowing - - (a)Investments - - (b) Lease Liability 240 214 (b) Other Financial Assets 48 46 Other Non-Current Liabilities - - Other Non-Current Assets 5 5 Deferred Tax Liabilities (Net) - - Deferred Tax Assets (net) 9 9 Total Non-Current Liabilities 240 214 Total Non-Current Asset 435 392 Current Liabilities Current Assets (a) Borrowings 293 331 Inventories 865 840 (b) Lease Liabilities 42 28 Financial Assets (c) Trade Payables 171 196 (a) Trade Receivables 0 - (d) Other Financial Liabilities 6 4 (b) Cash and Cash Equivalents 147 129 Provisions 0 2 (c)Loans 0 - Other current liabilities 4 8 (d) Other financial assets - - Current Tax Liabilities 9 - Other current assets 85 109 Total Current Liabilities 525 569 Total Current Assets 1,097 1,079 Total Equity and Liabilities 1,533 1,471 Total Assets 1,533 1,471 Cash Flow Statement Particulars (Rs. Cr) Sept-26 Sept-25 Net Profit before tax 127 90 Adjustments for: Add : Depreciation 26 20 Add : Interest Expenses 17 15 Add : Shared based payment expenses - (1) Add : Asset Written off - - Less: Investment Income - - Adjustments For Working Capital Movements : (28) 32 Cash Generated From Operations 142 156 Direct Taxes (Paid) /adjusted (23) (20) Net Cash flow From Operating Activities (A) 119 136 Cash Flow From Investing Activities (B) (36) (23) Cash Flow From Financing Activities (C) (91) (119) Net Increase in Cash & Cash Equivalents (A+B+C) (8) (7) Cash & Cash Equivalent At The Beginning Of The Year 30 26 Cash & Cash Equivalent At The End Of The Year 23 19 The Hindi Heartland Playbook to cover 45% of India's population State-by-State Conquest Till FY21 FY22 FY23 FY26 FY27 Madhya Pradesh & Bihar Jharkhand Uttar Pradesh Chhattisgarh West Bengal Founding state Entered FY22 Entered FY23 Entered FY26 Entered 120 STORES 33 STORES 56 STORES 5 STORES (Present in 71 cities in all (In 25 cities; 22 Districts (In 32 cities; 32Districts (In 4 cities; 3 Districts 38 districts) covered out of 24 Districts) covered out of 75 Districts) covered out [Showing first 8,000 characters — download PDF for full document]