Analysts/Institutional Investor Meet/Con. Call Updates

CIN - L51494PB2008PLC032059 MONTE CARLOZ It's the way yot make me feel MONTE CARLO FASHIONS LIMITED Regd. Office : B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003 (Pb.) India. Tel.: 91-161-5048610, 5048620, 5048630, 5048640 Fax : 91-161-5048650 MCFL/CS/2026-27 August 10, 2026 National Stock Exchange of India Limited BSE Limited. Exchange Plaza, 5 Floor, Plot No. C/1, Phiroze Jeejeebhoy Tower, G-Block, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai-400051. Mumbai-400001. Symbol: MONTECARLO Scrip Code: 538836 Sub: TRANSCRIPT OF EARNINGS CONFERENCE CALL — Q1FY27 Dear Sir / Madam, Pursuant to the provisions of Regulation 30 read with Part A of Schedule IIl of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith transcript of the earnings conference call of the Company held on August 6, 2026 to discuss Q1 FY27 results. We request you to kindly take this in your record. Thanking You, Yours Faithfully For MONTE CARLO FASHIONS LIMITED ANKUR g GAUBA Z5i%er ANKUR GAUBA COMPANY SECRETARY & COMPLIANCE OFFICER 1CS1 Membership No: FCS 10577 Visit us at :- www.montecarlocorporate.com E-mail : info@montecario.in MONTE CARLO g It's the way you make me feel “Monte Carlo Fashions Limited Q1 FY27 Earnings Conference Call” August 06, 2026 MONTE CARLO. A~ Eméeu; ‘ It'st he way you make me feel MANAGEMENT: MR. RISHABH OSWAL — EXECUTIVE DIRECTOR — MONTE CARLO FASHIONS LIMITED MR. SANDEEP JAIN — EXECUTIVE DIRECTOR — MONTE CARLO FASHIONS LIMITED MR. R.K. SHARMA — CHIEF FINANCIAL OFFICER — MONTE CARLO FASHIONS LIMITED MR. ANKUR GAUBA — COMPANY SECRETARY — MONTE CARLO FASHIONS LIMITED MODERATOR: MR. SUNNY BHADRA — EMKAY GLOBAL FINANCIAL SERVICES LIMITED Page 1 0of 19 MONTE CARLO 2. Monte Carlo Fashions Limited It's the way you make me feel August 06, 2026 Ladies and gentlemen, good day, and welcome to the Monte Carlo Fashions Limited Q1 FY27 Moderator: Earings Conference Call hosted by Emkay Global Financial Services Limited. As a reminder, all participant lincs will be in the listen-only mode and there will be an oppertunity for you fo ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch screen phone, Please note that this conference is being recorded. I now hand the conference over to Mr. Sunny Bhadra from Emkay Global Financial Services Limited. Thank you, and over to you, sir. Sunny Bhadra: Thank you, Anushika. Good morning, everyone. I would like to welcome the management and thank them for this opportunity. We have with us today Mr. Rishabh Oswal, Exccutive Director; Mr. Sandeep Jain, Exccutive Director; Mr. RK. Sharma, Chief Financial Officer; and Mr. Ankur Gauba, Company Secretary. T shall now hand over the call to the management for the opening remarks. Over to you, gentlemen. Sandeep Jain: Very good moming to everyone, and thank you all for joining us for today's camings call to discuss the performarce for quarter ended 30th June 2026. Let me start by sharing the financial highlights and then the operational highlights. For the first quarter under review, the company reported revenue from operations INR149 crores, registered a growth of 8% year-on-year. The first quarter remained a lean period, resulting in EBITDA loss of INRI3 crores and a net loss of INR23 crores. The quarterly performance was primarily affected by higher product returns during this period, the impact of which will be offsct in the subscquent quarters. Coming to the operational performance, we witnessed broad-based growth across ow key product categories. Cotton volumes grew by 23% year-on-year, home textile by 42% yeat-on- year, kids wear by 5% year-on-year, reflecting strong produet acceptance. Our Rock It brand continued its growth trajectory, while the home textile segment maintained healthy momentum. Footwear sales also increased 38% Y-o-Y, and we remain optimistic about the continued growth of these emerging categorics. Our retail expansion strategy remains on track with the farget of opening 40 to 45 exclusive brand outlets during the year with a strategic focus on western and southern region. Our digital channel continued to gain traction with online salcs growing by 15% Y-o0-Y. We further strengthened our online presence through partnership with leading quick commerce platforms like Blinkit, Swiggy, Zepto, enabling deliverics within 30 minutes. Additionally, our collaboration with Salesforce is helping us streamlining our operations, cnhancing our customer experience and strengthening long-term customer loyalty through digital transformation initiatives. Page 2 of 19 MONTE CARLO 2. Monte Carlo Fashions Limited It's the way you make me feel August 06, 2026 We also successfully organized our pre-winter and winter trade show in February and March 2026, which received an encouraging participation and supported order booking for the upcoming season. ‘We remain confident in our long-term growth strategy with strong traction across all our product portfolios, expanding retail and digital reach and encouraging customer response to our upcoming scasonal collection. We believe we are well positionedto strengthen our market presence and deliver sustainable value for our stakeholders. ‘With this, we now open the session for question-and-answer. Thank you very much. Thank you very much. We will now begin the question-and-answer session. We take the first Moderator: question from the line of Sucrit D. Patil from Eyesight Fintrade Private Limited. Twwo questions. The first question to Mr. Rishabh is, beyond the regular outlook, I just want to Sucrit D. Patil: understand the top 2 to 3 exceution prioritics you're focusing on in the next few quarters. And alongside that, what do you see as the biggest risk in consumer demand shifts, fashion cycles or competitive pressures? And how are you preparing to manage them by strengthening Monte Carlo's position in the branded apparel space? That's my first question. I'l ask the sccond question after this. Sandeep Jain: This is Sandeep Jain. And I would also ask Rishabh also to support my answers. So the first question, as I clearly understood, our strategy for coming 2 quarters, sce, if you have seen this quarter, the returns have been more because we basically plan to have better planning of our returns to dispatch it in times. That is why we have recalled it as in the June quarter because Inst year, it was divided into first quarter and sceond quarter. So to plan better sales in the coming year at our factory outlets also and also to better manage the return inventory, the returns have been more in this quarter. And we believe that we arc in well position to go for a strong year this year also, and we anticipate a double-digit growth going forward, Yes, there have been some tension of geopolitical issues have been there. There have been inflation issues. There have been issues of freight and input cost s going up. But despite all that, we are well positioned to achicve our growth. And I'd also ask Mr. Rishabh to support into this. No, as Mr. Sandecp ji rightly said, so the increased retums that we sce in our numbers in the Rishabh Oswal: first quarter is we've improved our operational performarce, and we've recalled and processed the returns on time this time. So the total number of returns will average out in the second quater. Secondly, we are focusing a lot on our digital chamnels as well, focusing on primarily our own. website, along with quick commerce. And our focus has always been on outright sales, which ensures that we get the least amount of returns. Page 3 of 19 MONTE CARLO 2. Monte Carlo Fashions Limited It's the way you make me feel August 06, 2026 Other than this, there's a lot of cffort being put in, in terms of stock planning that we send to our stores. Earlier, we were purcly dependent on the order that we reccived from our refailers. However, now each of the ret [Showing first 8,000 characters — download PDF for full document]