Investor presentation for the quarter ended June 30, 2026

August 8, 2026 BSE Limited National Stock Exchange of India Limited Scrip code: 535755 Symbol: ABFRL Sub.: Investor Presentation on Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended June 30, 2026. Ref.: 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and 2. Our intimation dated August 4, 2026 Dear Sir/ Madam, With reference to the captioned subject, this is to inform that the Board of Directors of the Company at its meeting held today i.e., Saturday, August 8, 2026, have inter alia considered and approved Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. Enclosed herewith is the investor presentation in this regard. The above is being made available on the website of the Company i.e., www.abfrl.com. Thanking you, Sincerely, For Aditya Birla Fashion and Retail Limited Rajeev Agrawal Company Secretary & Compliance Officer ACS 18877 Encl.: As above ADITYA BIRLA FASHION AND RETAIL LIMITED Registered Office: Piramal Agastya Corporate Park, Building ‘A’, CIN: L18101MH2007PLC233901 Website: www.abfrl.com 4th and 5th Floor, Unit No. 401, 403, 501, 502, Tel.: +91 86529 05000 E-mail: secretarial@abfrl.adityabirla.com L.B.S. Road, Kurla, Mumbai - 400 070 Fax: +91 86529 05400 F Y 2 7 PERFO RMANCE HIGHLIGHTS CONTENTS Market Update Q1 Highlights 02 Performance of Key Portfolios Financials Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L Market Update Occasion-led demand saw Input cost pressures moderation YoY emerge • Adhik Maas disrupted the peak • Inflation visible across raw wedding related consumption materials, logistics and wages this quarter • Further escalation remains a • Broader demand in line with key monitorable previous quarters, across categories and channels Value retail continues to Digital fashion brands experience high expand their omni- competitive intensity channel presence • More choices for consumer, • D2C Brands accelerating offline particularly in lower-tier markets expansion • Players broadening assortments • Quick commerce emerging as a to capture market share new growth channel Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L CONTENTS Market Update 01 Q1 Highlights 02 Performance of Key Portfolios Financials Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L ABFRL Network Retail format stores; 1 Brand Stores 18 5 Footprint 26 4 487 672 25 3 13 8 75 1 (million sq. ft.) 30 2 13 41 Masstige & Value Ethnic Brand 7.9 17 65 10 22 1 17 2 Retail Stores Stores* 2 2 62 7 52 15 2 Jun’26 31 15 13 30 9 14 75 52 43 18 101 16 TMRW Brand Luxury Jun’25 Stores** Retail Stores 4 *Includes 11international stores **ExcludingWROGNstores Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L Q1 HIGHLIGHTS Double-digit growth Profitability resilient amid momentum continues scale up of newer formats • Broad-based growth across key • Overall EBITDA margin at 8.2%, segments down vs LY due to • Pantaloons segment grew 10% YoY • Lower other income • TMRW revenue up 11% YoY • OWND and Galeries Lafayette ramp up • Ethnic grew 4% vs LY • Ethnic margin remained stable YoY • Ex. TCNS growth at 14% • TMRW YoY losses continued to narrow • Luxury delivered 30% growth YoY Strong underlying retail Retail footprint continues performance to expand • Pantaloons format & Ethnic portfolio • Added 45+ stores across brands delivered mid-single digit LTL • ~70k net area addition • The Collective & Mono brand (TCMB) • Retail footprint now >7.9 Mn. sq. ft. portfolio recorded double-digit LTL • TMRW’s offline mix >15% in Q1 Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L ABFRL HIGHLIGHTS | Q1 ABFRL Consolidated (In Rs. Cr.) Q1 FY26 Q1 FY27 Growth (vs. LY) Revenue 1831 2026 11% • Sales up by 11% vs LY • EBITDA margin down vs LY due to EBITDA 169 167 -2% • Lower other income EBITDA Margin 9.3% 8.2% (~70 bps impact) • Scale up of newer businesses EBIT -146 -183 -260 -320 -234 -249 Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L ABFRL HIGHLIGHTS | Q1 | Segmental Revenue Rev Gr% EBITDA EBITDA% Consolidated Financials ( In Rs. Cr.) Q1 FY26 Q1 FY27 FY26 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Pantaloons Segment 1094 1204 10% 187 192 17.1% 15.9% Ethnic Businesses 436 454 4% 2 1 0.4% 0.1% TMRW 197 220 11% -63 -42 -31.8% -19.2% Others 121 157 30% 55 16 45.6% 10.0% Elimination -17 -10 -12 1 ABFRL 1831 2026 11% 169 167 9.3% 8.2% • ABFRL grew 11% YoY • Pantaloons segment sustained its strong trajectory, growing 10% YoY • Ethnic portfolio grew 4% YoY in a shortened wedding season • TMRW delivered 11% YoY growth with sharp reduction in losses • Luxury grew 30% YoY, led by ramp up of Galeries Lafayette and double digit growth in The Collective • Others’ profitability moderated due to lower treasury income and investments in scaling Galeries Lafayette Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L CONTENTS Market Update 01 Q1 Highlights 02 Performance of Key Portfolios Financials Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L ABFRL Portfolio MASSTIGE/VALUE RETAIL ETHNIC BRANDS LUXURY RETAIL DIGITAL FIRST BRANDS Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L Q1 FY27 Update • Segment revenue at Rs. 1204 Cr; up 10% YoY • Pantaloons format LTL at 4%, overall growth at 7% • OWND grew 55% led by store additions • Pantaloons strategy continues to drive sustained momentum • Improved fashion relevance across categories driving stronger customer and operating metrics • Best-ever e-commerce quarter, with revenue up 37% YoY • Overall contribution of E-com at ~5% • New-identity stores build further traction, driven by an elevated customer experience • Segment EBITDA margin at 15.9%, down vs LY due to OWND scale up • 10 new stores added across both formats – 1 Pantaloons & 9 OWND • OWND now available at 88 stores AREA (000’s SQ. FT.) STORES PANTALOONS RETAIL June 2026 5,780 399 NETWORK June 2025 5,725 405 Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L New R et ail Ident it y st o re (K o c hi) LOR E M IP SUM D OLOR Up graded Merc handise Update C A T E G O R Y M I X Q1 FY26 Q1 FY27 22% 23% Men 34% 33% Women’s Ethnic 11% 11% Kids Non-Apps 17% 16% 17% 16% Women’s Western O W N E R S H I P M I X Q1 FY26 Q1 FY27 25% 25% OwnBrands ABFRL+ ABLBLBrands 11% 11% 64% 64% Others Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L Mumbai C hennai Most Comprehensive Ethnic Portfolio DESIGNER LED BRANDS APPAREL | BEAUTY | ACCESSORIES | JEWELRY • Scalable platform spanning well-known & marquee premium and designer led brands PREMIUM ETHNIC WEAR BRANDS • India’s largest & most comprehensive ethnic wear portfolio • 2200 Cr+ annual revenue • 670+ stores across brands Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L DESIGNER LED BRANDS Establishing a global Indian Blending Indian heritage with Building growth platforms Blending couture distinction luxury brand contemporary luxury across fashion and beauty with pret-led scale • Robust fashion performance • Delivered another 100 Cr+ quarter • Strong double digit YoY growth • High single digit YoY growth in a weaker market vs LY • Strengthening the multi-channel • Opened 2 new ‘OTT’ stores – one • Strong pret performance this beauty proposition via enhanced • Driven by strong apparel & each in Mumbai and Delhi quarter product portfolio accessories performance YoY • The brand now operates 13 • Retail presence spans 22 stores • 21 exclusive brand outlets for the stores including 6 ‘OTT’ House of Masaba brand Q 1 F Y 2 7 A D I T Y A B I R L A F A S H I O N & R E T A I L PREMIUM ETHNIC WEAR BRANDS Building scale & growing market share in Double-digit growth sustained with Continued to sharpen the business key wedding markets improving profitability model to drive profitable growth • Delivered 35% YoY grow [Showing first 8,000 characters — download PDF for full document]