Analysts/Institutional Investor Meet/Con. Call Updates

August 7, 2026 BSE Limited National Stock Exchange of India Limited Scrip code: 544403 Symbol: ABLBL Sub.: Transcript of Q1 FY27 Earnings Call of the Company Ref.: Regulation 30 (read with Schedule III - Part A), of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, Pursuant to the above referred Listing Regulations and intimation dated July 29, 2026, the transcript of the Q1 FY27 Earnings Call held on August 3, 2026 is annexed herewith. The above details along with the audio recordings of the Earnings Call are also available on the website of the Company i.e., www.ablbl.in. Thanking you. Yours Sincerely, For Aditya Birla Lifestyle Brands Limited Rameez Shaikh Company Secretary and Compliance Officer A24939 Encl.: As above Aditya Birla Lifestyle Brands Limited Corporate Office: Registered Office: Kh No. 118/110/1, Building 2, Divyashree Piramal Agastya Corporate Park, Building ‘A’, Website: www.ablbl.in Technopolis, Yemalur Main Rd, off HAL 4th and 5th Floor, Unit No. 401, 403, 501, 502, E-mail: cs@ablbl.adityabirla.com Airport Road, Bengaluru- 560037 L.B.S. Road, Kurla, Mumbai - 400 070 Tel.: +91 86529 05000 CIN: L46410MH2024PLC423195 “Aditya Birla Lifestyle Brands Limited Q1 FY '27 Earnings Conference Call” August 03, 2026 MANAGEMENT: MR. ASHISH DIKSHIT – MANAGING DIRECTOR, ADITYA BIRLA LIFESTYLE BRANDS LIMITED MR. DHARMENDRA LODHA – CHIEF FINANCIAL OFFICER, ADITYA BIRLA LIFESTYLE BRANDS LIMITED Page 1 of 18 Aditya Birla Lifestyle Brands Limited August 03, 2026 Moderator: Ladies and gentlemen, good day and welcome to the first Quarter Earnings Conference Call of Aditya Birla Lifestyle Brands Limited. 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 this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. The call will begin with a brief discussion by the company's Management on the Q1 FY '27 performance, followed by a question-and-answer session. We have with us today Mr. Ashish Dixit – Managing Director, ABLBL, Mr. Dharmendra Lodha – CFO, ABLBL. I want to thank the Management Team on behalf of all the participants for taking valuable time to be with us. I must remind you that today's discussion may include certain forward-looking statements and must be viewed therefore in conjunction with the risks that the company faces. Please restrict your questions to the quarter’s performance and to strategic questions only. Housekeeping questions can be dealt separately with the IR team. With this, I now hand the conference over to Mr. Dharmendra Lodha. Thank you, and over to you, sir. Dharmendra Lodha: Thank you. Good afternoon, everyone. Thank you for joining us today. I would like to welcome you all to the Quarter 1 FY '27 Earnings Call for Aditya Birla Lifestyle Brands Limited. As we reflect on the quarter, domestic demand conditions remain broadly consistent with the trends witnessed in the same quarter, despite continued global microeconomic uncertainty. Consumer traction remains healthy and well distributed across categories and channels. Occasionally, we have experienced modest moderation, primarily due to the adhik maas, which temporarily impacted demand during peak wedding period. Against this backdrop, our business delivered our third consecutive quarter of double-digit growth, driven by healthy performance across brands and channels. Importantly, this growth was accompanied by continued improvement in profitability and margin expansion during the quarter. Now, moving to the Quarter 1 performance of our business: ABLBL revenue grew 11% Y-o-Y to Rs. 2,046 crores. Within segments, Lifestyle Brands grew 10% Y-o-Y with revenue at Rs. 1,725 crores, whereas Emerging Brands grew at 19% versus last year to Rs. 332 crores. Page 2 of 18 Aditya Birla Lifestyle Brands Limited August 03, 2026 Within channels, retail continued to perform strongly, delivering 10% growth during the quarter, supported by healthy like-to-like growth of 8%, extending its sustained growth momentum for seven consecutive quarters. E-commerce continued to build on the strong momentum established in Quarter 3 last year, delivering robust growth of 23% during the quarter. While wholesale channel grew only 5% this quarter, underlying secondary growth was early double-digit, reflecting an overall strong performance across all the channels. Consolidated EBITDA increased by 14% Y-o-Y to Rs. 327 crores, compared to Rs. 286 crores in the corresponding quarter last year, while EBITDA margin expanded by 50 bps to 16%. PAT grew 21% Y-o-Y to Rs. 29 crores. During the quarter, we opened more than 65 new stores across the portfolio. At the end of the quarter, our retail footprint stood at 3,362 stores, spanning nearly 5 million square feet across more than 800 cities and towns. The expansion momentum is expected to continue more aggressively, supported by a healthy pipeline across key markets and catchment areas. We are confident to achieve our targeted expansion of more than 300 stores during this fiscal year. Now our Lifestyle Brands, the business delivered a strong performance during the quarter, with revenue growing 10% Y-o-Y to Rs. 1,725 crores. EBITDA stood at Rs. 319 crores, translating into an EBITDA margin of 18.5%, and an expansion of approximately 40 bps over the corresponding quarter last year. Retail continued its consistent performance, supported by healthy like-to-like growth of 7% across an extensive store network of almost 3,000 stores. Our small-town network continued to perform strongly, delivering double-digit growth for the fifth consecutive quarter. E-commerce also maintained strong momentum, led by company’s own digital platform, which recorded a growth of over 50% during the quarter. This strong performance was supported by a broader occasion-led assortment, channel-specific offerings, and disciplined go-to-market execution across both stores and digital channels. Turning to our Emerging Business portfolio, comprising Reebok, Van Heusen Innerwear and American Eagle, the business delivered 19% Y-o-Y growth, supported by healthy performance across brands. Page 3 of 18 Aditya Birla Lifestyle Brands Limited August 03, 2026 Performance remained healthy across channels, with retail like-to-like growth of 11% and e- commerce growth of over 30%. Profitability also improved meaningfully, with EBITDA margin expanding by 240 bps Y-o-Y to 4.3% during the quarter. The portfolio's retail network has now crossed 400 stores, supported by continued expansion across brands, with Reebok leading new store additions and the overall network footprint. In conclusion, the quarter reinforces our confidence in the underlying strength of our business and the resilience of our portfolio. While the external environment remains dynamic, over- diversified brand and channel mix, disciplined execution, and continued focus on driving efficiency position us well to navigate near-term fluidity in the market. Cost pressures remain manageable during the quarter, with limited impact on performance. We will continue to respond through disciplined sourcing, prudent management of operating expenses, and appropriate business actions wherever required to maintain financial discipline. As we look ahead, our priorities remain clear in terms of strengthening the ABLBL’s business model to deliver the desired financial outcome, sustained double-digit growth, drive margin expansion, and continued cash generation through sharp focus on execution. We are now open to questions. Thank you. Moderator: Thank you. We will now begin with the question-and-answer session. The first question comes from the line of Archana Menon with Morgan Stanley. Please go ahead. Archana Menon: Congratulations [Showing first 8,000 characters — download PDF for full document]