Investors'' Presentation on the un-audited Financial Results for the Quarter ended 30th June, 2026

Q1 FY27 Safe Harbor This presentation has been prepared by BSL Limited (the “Company”) solely for informational purposes and does not take into account the specific objectives, financial situation, or needs of any particular person. This presentation does not constitute or form part of any offer, invitation, or solicitation to sell, issue, or subscribe to any securities of the Company in any jurisdiction, including India. It should not be relied upon as the basis for any investment decision or contractual commitment. The material may contain forward-looking statements, including statements regarding the Company’s expectations, plans, and financial condition. Such statements are based on current assumptions and involve known and unknown risks and uncertainties, including but not limited to fluctuations in earnings, growth management, competition, international operations, and regulatory changes. Actual results may differ materially from those expressed or implied. The Company undertakes no obligation to update or revise any forward-looking statements to reflect future events or developments. June 2026 3 Chairman Message India’s textile industry is entering an encouraging phase, supported by the country’s growing role in international sourcing, resilient exports and continued policy support. As sourcing patterns evolve, customers are placing greater emphasis on quality, innovation, differentiation and responsible manufacturing. While cotton, raw-material and energy costs and changing trade policies require continued agility, measures to improve cotton availability and ease input-cost pressures provide a constructive outlook for the textile value chain. Our presence across suitings, furnishing fabrics and yarns provides a strong base to capture emerging opportunities. We see scope to enhance value addition, strengthen differentiated offerings and expand our overseas presence. The India–UK FTA provides a meaningful platform for new business, and we are confident of leveraging it through focused initiatives and suitable offerings. With India’s competitive position strengthening and global sourcing becoming more diversified, we remain optimistic about the road ahead and committed to creating sustainable long-term value for all stakeholders. Managing Director Message The first quarter of FY27 reflected meaningful improvement in operating performance, supported by stronger business activity and focused execution. Revenue from operations stood at ₹169.7 crore, registering growth of 7.4% YoY and 14.8% QoQ. EBITDA increased 14.2% YoY to ₹14.4 crore, with the margin improving to 8.5%. PAT stood at ₹1.7 crore, registering 3.7x growth YoY. Sequentially, EBITDA improved 39.4% QoQ, reflecting stronger operating leverage and the benefits of continued emphasis on execution, cost discipline and efficiency. Looking ahead, our priorities remain focused on higher capacity utilisation, better product mix and cost efficiency. Export demand, particularly from Africa, has improved, creating scope to expand our international business. The evolving US tariff environment will become clearer in the coming quarters, while India’s expanding trade network is opening new avenues for textile exports. The India–New Zealand FTA, signed in April 2026, and the India–Oman CEPA further support this outlook, subject to their respective entry-into-force processes. We remain optimistic about sustaining business momentum and improving profitability and margins in the coming quarters. Profit & Loss Statement Quarterly Yearly Parameters (₹ in Cr) Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY FY26 Total Income 169.84 148.07 14.7% 158.39 7.2% 657.73 Raw Material Cost 106.82 88.46 90.15 378.82 Changes in Inventory (12.37) (8.35) (0.71) (3.97) Employee Cost 25.31 24.03 23.87 96.36 Power, Fuel & Water Cost 13.96 14.00 13.47 56.67 Other Expenses 21.72 19.59 18.99 80.02 EBITDA 14.41 10.34 39.4% 12.62 14.2% 49.83 EBITDA Margins 8.49% 6.98% 150 bps 7.96% 52 bps 7.58% Finance Cost 7.65 7.64 7.79 30.33 D&A Expense 4.58 4.15 4.26 16.78 PBT 2.19 (1.46) - 0.57 3.8x 2.72 Tax 0.46 (0.46) 0.11 0.35 PAT 1.72 (0.99) - 0.47 3.7x 2.38 PAT Margins 1.01% (0.67%) - 0.29% 72 bps 0.36% Q1 FY27 Financial Performance ₹ in Cr Revenue Gross Profit EBITDA ▲ 7.4% YoY ▲ 9.4% YoY ▲ 14.2% YoY 169.7 158.0 75.4 147.8 69.0 68.0 14.4 12.6 43.5% 45.9% 44.4% 10.3 8.0% 7.0% 8.5% Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY27 Financial Performance ₹ in Cr PBDT PBT PAT ▲ 40.0% YoY ▲ 3.8x YoY ▲ 3.7x YoY 1.3% 1.7 1.0% 0.4% 0.3% 4.0% 3.0% 1.8% (1.0) (1.5) Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY27 Segmental Financial Performance ₹ 1 Cr ₹ 4 Cr ₹ 11 Cr ₹ 18 Cr ₹ 20 Cr ₹ 19 Cr ₹ 12 Cr ₹ 13 Cr Cotton Fabric ₹ 54 Cr ₹ 48 Cr Others ₹ 63 Cr Furnishing Fabric Yarn ₹ 73 Cr ₹ 69 Cr ₹ 70 Cr Q1 FY26 Q4 FY26 Q1 FY27 Note: Cotton Fabric business commenced in October 2025 June 2026 About About BSL’s Milestone The company took a decisive step to venture into Converted into a furnishing fabrics, and over Incorporated under Public Limited the last decade or more, this the name of Company under the has been one of the key “Raj General Udyog name of “Bhilwara growth drivers for the Private Limited”. Synthetics Limited”. company. 1971 Mid 80’s 2023 1970 1976 Mid 2000’s The company started Among the first BSL commenced its manufacturing Grey Indian companies to Cotton Spinning Cloth on just 8 venture into suiting Project with 29,184 Looms. spindles, with a exports, BSL is today production capacity one of India’s leading of ~700 tonnes per exporters of suiting month. fabrics. Yarn Business Vertical High-quality fabrics begin with quality yarn produced in state-of-the-art manufacturing facilities. Made from different materials, blends, colours, counts and weights, our yarns reflect world-class quality and craftsmanship. POLY WOOL YARN COTTON YARN Poly Wool and Pure Wool The finest cotton is spun using advanced yarns create the most technology to create premium-quality yarn exclusive & elegant fabrics. for exquisite fabrics. POLY VISCOSE YARN VORTEX YARN A perfect blend of dyed Spun with unique polyester and viscose in technology, its structure different blends & counts. optimizes the characteristics of fibers. Yarns Business Verticals Suiting Business Vertical BSL Limited provides premium suiting fabrics for both domestic and export markets TR FABRICS PW FABRICS PV FABRICS Furnishing Business Vertical From Soft Furnishing Fabrics To Upholstery Fabrics & Exquisite Silk Fabrics, BSL’s offers a wide range of Premium Furnishing solutions. FFUURRNNIITTUURREE CURTAINS Furnishing Fabrics SSIILLKK FFAABBRRIICC Strong Parentage Corporate Governance June 2026 Growth Driving Factors Growth Driving Factors Sustainability Initiatives June 2026 Management Team Board Members Achievements June 2026 Historical Segmental Financial Performance 4% 4% 12% 12% Cotton Fabric 39% 37% 34% Others Furnishing Fabric Yarn 45% 47% 49% FY24 FY25 FY26 Note: Cotton Fabric business commenced in October 2025