Analysts/Institutional Investor Meet/Con. Call Updates

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/2026-27/41 Date: November 05, 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: Transcript of Earnings Call with analysts and investors for the quarter and half year ended on September 30, 2026 Dear Sir/Madam, In continuation to the letter dated October 27, 2026 and November 02, 2026, we hereby inform you that pursuant to Regulations 30 and 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the transcript of the Earnings Call with analysts and investors held on Monday, November 02, 2026 at 4:00 P.M. (IST) in relation to the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. The same can be accessed at https://rambhajo.com/wp-content/uploads/2026/11/Transcript-Earning-Call- Q2FY27.pdf A copy of the transcript is annexed herewith. Kindly take the same on record. Thanking You, Yours faithfully FOR ADVIT JEWELS LIMITED Pratibha Soni Company Secretary and Compliance Officer M. No.: A71116 Encl: 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 “Advit Jewels Limited Q2 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR. NITIN GILARA – CHAIRMAN AND MANAGING DIRECTOR – ADVIT JEWELS LIMITED MR. DEEPESH SHARMA – CHIEF FINANCIAL OFFICER – ADVIT JEWELS LIMITED MODERATOR: MR. LAKSH BAIRY – KIRIN ADVISORS PRIVATE LIMITED Page 1 of 16 Advit Jewels Limited November 02, 2026 Moderator: Ladies and gentlemen, good day and welcome to Advit Jewels Limited Q2 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then 0 on your touchtone phone. Please note that this conference is being recorded I now hand the conference over to Mr. Laksh Bairy from Kirin Advisors. Thank you, and over to you, Mr. Laksh. Laksh Bairy: Thank you. Good afternoon, everyone. On behalf of Kirin Advisors, I welcome you all to Q2 FY27 earnings conference call of Advit Jewels Limited. From the management team, we have Mr. Nitin Gilara, Chairman and Managing Director, Mr. Deepesh Sharma, Chief Financial Officer. With that, now I hand over the call to Mr. Nitin Gilara for the opening remarks. Over to you, sir. Thank you. Nitin Gilara: Good afternoon, everyone, and a warm welcome to our investors, analysts, stakeholders joining us for the Q2 and H1, financial year '27 earnings conference call of Advit Jewels Limited. On behalf of the management team, thank you for your continued support and trust. The Indian jewelry market is witnessing an encouraging shift in consumer preferences. While bridal jewelry remains a strong category, demand for premium handcrafted and design- led jewelry is growing beyond traditional wedding purchases. Younger and affluent customers are increasingly valuing jewelry for its craftsmanship uniqueness, heritage, and emotional appeal, with a growing preference for distinctive pieces that reflect personal style and lifestyle choices. Also, we believe this evolving demand for heritage-inspired and art-led luxury jewelry aligns strongly with Rambhajo legacy and strengthens creating significant long-term growth opportunities to Advit Jewels Limited. Our story began in 1921 in Jaipur when our family laid the foundation of Rambhajo's. For more than 105 years and across 4 generations, and today the 5th generation is also preparing to carry that legacy forward. Very few jewelry houses in India can speak of just a century of unbroken craftsmanship and customer trust. For us, that trust is our greatest asset, and it is the foundation on which we are building our future. Our expertise lies in handcrafted Kundan Meena Phool Ki Jadau diamond jewelry, with bridal jewelry at the heart of everything we do. Building on this core, we are now adding contemporary men's jewelry and lightweight prepped jewelry designed for Gen Z, men millennials, customers looking for everyday luxury. Our integrated manufacturing facility in Jaipur has an installed annual capacity of 400 kgs of jewelry, equipped with advanced 3D printing, modern casting technologies. It houses all key processes including design, casting, stone setting, polishing, quality control, ensuring complete control over quality, timeless lines and costs. Page 2 of 16 Advit Jewels Limited November 02, 2026 The facility is powered by 56 skilled karigar at this moment, whose generations-old craftsmanship forms the foundation of our jewelry-making expertise. We continue to invest in their skills, blending traditional artistry with modern manufacturing capabilities. A key milestone in our growth journey is the upcoming launch of our showroom in premium area of Defence Colony in Delhi. It's one of its, most prestigious business hubs, targeted to open in Q4 2027. 20 -- yes, it's '26-27. The showroom will showcase our handcrafted Kundan Polki jewelry to customers across Delhi NCR, marking Rambhajo's first expansion beyond Rajasthan and beginning of its calibrated retail expansion. Meanwhile, the development of our flagship store in Jaipur is progressing well, with construction completed and interior work currently underway. Spanning approximately 35,000 square feet, this flagship destination will be a significant milestone in strengthening Rambhajo's brand presence and showcasing its rich jewelry heritage and craftsmanship in a B2C segment. Let me now take you through our financial performances. For the 2nd quarter, revenue grew 23.93%, around 24% year on year, to INR59.1 crores. EBITDA rose 18.8%, that is approximately 19%, to INR16.4 crores, with a healthy EBITDA margin of 27.8% that I am most pleased with is the bottom line. Net profit grew 28% to INR12.76 crores, faster than our revenue, and our net profit margin expanded by 68 basis points to 21.6%. For the first half, revenue grew 28.6% year on year to INR94.5 crores, and EBITDA margin stood at the strong 29.8%. Net profit rose to 31.7% to INR20.95 crores, and net profit margin expanded to -- by 51 basis points to 22.2%. Going forward, we plan to grow our business network across India, launch new collections, and expand it into international markets over time. Before I conclude, I would like to thank our customers, business partners, artisans, employees, and shareholders. For their continued support, trust. I now trust -- I now request the moderator to open the floor for questions. Thank you so much. Moderator: Thank you. We will now begin the question-and-answer session. The first question comes from the line of Vinod Shah from VS Ventures. Please go ahead. Mr. Shah, please go ahead. Vinod Shah: Hello, am I audible? Moderator: Yes, you are. Vinod Shah: Okay, good afternoon, sir. Deepesh Sharma: Good afternoon. Vinod Shah: Yes, sir, I just had a couple of questions. So sir, effective tax rate is around 17% to 18%, which is like below the corporate tax. So what explains the difference and where do you see the tax difference? In next 2 to 3 years? Nitin Gilara: Sorry, I can't hear you. Please be loud. Your question was not that much clear. Can you please speak out again? Page 3 of 16 Advit Jewels Limited November 02, 2026 Vinod Shah: Yes. Can you [Showing first 8,000 characters — download PDF for full document]