Analysts/Institutional Investor Meet/Con. Call Updates

Ref. No.: RGL/S&L/2026/126 August 13, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Exchange Plaza, Plot no. C/1, Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip code: 532923 Symbol: RGL Sub.: Transcripts of the Earnings Conference Call Ref.: Regulation 30 of SEBI (LODR), Regulations, 2015. Dear Sir With reference to our letter Ref. No.: RGL/S&L/2026/123 dated August 10, 2026, please find enclosed herewith the transcripts of Q1 of FY27 Earnings Call of the Company, held on Monday, August 10, 2026. The aforesaid information is also uploaded on the website of the Company at https://renaissanceglobal.com/webcast-and-transcripts/ You are requested to take the above on record and disseminate to all concerned. Thanking you, Yours faithfully, For Renaissance Global Limited CS Vishal Dhokar Company Secretary & Compliance Officer Encl: As above RENAISSANCE GLOBAL LIMITED Q1 FY27 Earnings Conference Call August 10, 2026 MANAGEMENT: MR. SUMIT SHAH – CHAIRMAN AND GLOBAL CHIEF EXECUTIVE OFFICER – RENAISSANCE GLOBAL LIMITED MR. DARSHIL SHAH – MANAGING DIRECTOR – RENAISSANCE GLOBAL LIMITED MR. JAGDISH BHANDERI – MANAGER, CORPORATE STRATEGY – RENAISSANCE GLOBAL LIMITED MODERATOR: MS. SHWETA RAIDAS – CENTRUM BROKING LIMITED MR. AYUSH DIVECHA – MERLIN CAPITAL ADVISORS Page 1 of 12 Renaissance Global Limited August 10, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Renaissance Global Limited discussion on Q1 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 this conference call, please signal an operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Shweta from Centrum Broking. Thank you, and over to you. Shweta: Thank you, Ananya. Good day, everyone, and thank you for joining us on the Renaissance Global Q1 FY27 earnings conference call. We have with us Mr. Sumit Shah, Chairman and Global CEO; Mr. Darshil Shah, Managing Director; and Mr. Jagdish Bhanderi, Manager, Corporate Strategy. We would like to begin the call with a brief opening remarks from the management, followed by a question-and-answer session. Now I would like to invite Mr. Sumit Shah to make his opening remarks. Over to you, sir. Sumit Shah: Thank you very much. Good afternoon, everyone, and thank you for joining us for Renaissance Global's Q1 FY27 earnings call. I'm pleased to share that we have commenced FY27 with strong business momentum supported by healthy revenue growth, improved profitability and operating leverage. During the quarter, our revenue grew by 30% year-over-year to INR690 crores, while EBITDA increased by 22% to INR50 crores. Profit after tax grew sharply at 288% year-over- year to INR26 crores. This performance reflects disciplined execution across the business and reinforces our confidence in the strategic transformation of Renaissance Global from a traditional jewellery manufacturer into a global, high-margin branded jewellery platform. Our portfolio of 3 differentiated direct-to-consumer brands; Jean Dousset, WithClarity and Enchanted Disney Fine Jewelry, provides us with a strong platform to participate in the large and attractive U.S. luxury, direct-to-consumer market. Jean Dousset continues to be an important growth driver within our branded portfolio, positioned at the luxury end of the lab-grown diamond jewellery market. We are scaling the brand through an integrated digital and physical retail strategy. Following the encouraging response to our New York store and the opening of our San Francisco store location in July 2026, we currently operate 3 Jean Dousset retail stores. And during FY27, we intend to add 4 more locations. We believe this measured retail expansion will deepen Jean Dousset's presence across important luxury markets in the U.S., enhance customer engagement and over time, increase the contribution of our higher direct-to-consumer margin to revenues, profitability and earnings. WithClarity, our digital first fine jewellery brand also continues to demonstrate strong momentum. The brand is benefiting from its established online platform, expanding customer reach and technology-led operating model. Finally, our licensed brand Enchanted Disney Fine Jewelry is progressing well too, supported by a renewed strategic focus and healthy growth Page 2 of 12 Renaissance Global Limited August 10, 2026 across key channels. Together, these 3 brands give us a differentiated value proposition across customer segments and provides multiple avenues for long-term growth. Alongside the expansion of our branded portfolio, working capital optimization and cash flow are key priorities for us in FY27. The initiatives currently underway are expected to deliver working capital improvements of approximately INR250 crores in the current financial year and generate cash flow from operations of more than INR300 crores during the year. We expect these measures to strengthen our balance sheet, improve capital efficiency and drive meaningful improvement in our return ratios. Looking ahead, our strategic direction remains clear. We remain committed to achieving INR1,000 crores of direct-to-consumer revenue by FY29 with an operating margin of at least 15% from this segment. As the contribution from our higher margin branded business increases, we expect the benefit from structural operating leverage. This should significantly expand our EBITDA and has a potential to drive multifold increase in the company's overall earnings over the coming years. We therefore enter the remainder of FY27 with confidence. Our growing portfolio of global brands, disciplined retail expansion strategy, focus on profitability and continued emphasis on cash flow enhancement positions Renaissance Global well to deliver sustainable and profitable growth. Our objective remains to build a stronger, more valuable and increasingly brand-led global jewellery business while creating long-term value for all our stakeholders. With that, I'll now hand over the call to Darshil to discuss operational and financial performance in greater detail. Thank you. Darshil Shah: Thank you, Sumit, and good afternoon, everyone. I will take you through the key financial and operational highlights for the first quarter of FY27. We have started the year on a strong note with healthy growth across the business, a sharp improvement in profitability and continued progress on working capital efficiency. Starting with revenue. Our revenue, excluding bullion sales grew by 30% year-on-year to INR690 crores compared with INR530 crores in Q1 FY26. Importantly, the underlying growth was broad-based with healthy contributions from our brand and customer brand businesses. Coming specifically to our owned brand. Revenue increased by 29% year-on-year to reach INR89 crores from INR69 crores in the corresponding quarter last year. The continued growth of our owned brand is particularly encouraging as we progressively increase the contribution of our higher margin, direct-to-consumer business to the overall portfolio. Moving to EBITDA. EBITDA increased by 22% year-on-year to reach INR50 crores, compared with INR41 crores in Q1 FY26. EBITDA from owned brands grew to 11.5% from 10% in Q1 FY26. Profit after tax increased by approximately 280% year-on-year to reach INR25.6 crores compared with INR6.6 crores in Q1 FY26. While the previous year quarter had included a restructuring cost, the current quarter also demonstrates a meaningful improvement in the underlying profitability of the business. Page 3 of 12 Renaissance Global Limited August 10, 2026 Profit before exceptional items grew by 40% year-on-year to INR29.7 crores, reflecting the strength of the opera [Showing first 8,000 characters — download PDF for full document]