Aditya Birla Lifestyle Brands Ltd

AGM Details

• Date, time, mode: August 19, 2026, 3:30–4:50 PM, VC/OAVM.
• Record date: 12-08-2026.
• All items transacted and passed by members with requisite majority.

Key Resolutions

• Resolution 1: Adopt standalone financial statements for the year ended March 31, 2026.
• Resolution 2: Declare a dividend of Rs 0.50 per equity share.
• Resolution 3: Re-appointment of Ms Ananyashree Birla on rotation.
• Resolution 4: Re-appointment of Ms Ananyashree Birla on rotation.

Voting Outcomes

• Resolution 1: Passed; ~99.9997% in favour.
• Resolution 2: Passed; ~99.9539% in favour.
• Resolution 3: Passed; ~99.6056% in favour.
• Resolution 4: Passed; ~99.8407% in favour.

Dividend

• Dividend per equity share: Rs 0.50.

Directorship Changes

• Ms Ananyashree Birla (DIN 06625036) re-appointed as director on rotation.

Voting Notes

• Employee Welfare Trust shares excluded from voting calculations.

AGM details

• Date: August 19, 2026 (Wed).
• Time: 3:30 PM to 4:50 PM.
• Mode: VC/OAVM.

Key resolutions

• Adoption of standalone and consolidated financial statements with reports.
• 8% dividend on NCDNR Redeemable Preference Shares for FY26.
• Dividend of Rs. 0.50 per equity share for FY26.
• Reappointment of Ananyashree Birla by rotation.

Voting results

• Voting results to be announced separately; Scrutinizer's report to be published on company/RTA/exchanges.

Financial Performance

• Revenue rose 11% YoY to Rs 2,046 crores; Lifestyle Brands 10% to Rs 1,725 crores.
• Emerging Brands up 19% YoY to Rs 332 crores.
• Consolidated EBITDA up 14% to Rs 327 crores; margin 16% (+50 bps).
• PAT rose 21% YoY to Rs 29 crores.
• Retail footprint expanded with 65+ new stores; total 3,362 stores.
• E-commerce growth 23%; retail like-for-like growth 7%; small-town LFL double-digit.

Operating Update

• Small-town network delivered double-digit growth for the fifth consecutive quarter.
• Gross store additions this quarter: 68 stores.
• Retail footprint across 3,362 stores in 800+ cities.
• Emerging Portfolio grew 19% YoY; retail network >400 stores.
• Lifestyle Brands EBITDA margin 18.5% (+40 bps).
• E-commerce momentum strong; growth over 50% in quarter.
• Emerging Brands retail LFL 11%; e-commerce >30%.

Capex and Store Expansion

• Gross store additions planned for FY27: more than 300.
• Net store additions guided around 120–140; year-end net 150–200.
• Small-town revenue share currently 15–16%; target >20% in 3–4 years.
• Small-town network ~500 stores; revenue 15–16% of retail; growth faster.
• Reebok and Emerging Brands expanding; 200-odd Reebok stores currently.
• Net store additions will be 120–140; end-year net 150–200.

Outlook and Guidance

• FY27 cost increase guidance 3–4% in H2; inflation contained.
• Price hikes taken; quantum varies by brand to offset costs.
• E-commerce profitability near retail profitability; growth to continue.
• Target double-digit growth and sustained cash generation; efficiency focus.

Q&A Highlights

• Festival timing shift caused 10–15 day delay pushing primary sales into Q2.
• Q2 expected to show stronger primary, with secondary remaining robust.
• Q1 cost pressure marginal; 3–4% cost rise expected in H2.
• Gross margin contracted about 150 bps; due to channel mix and provisioning.
• Raw-material inflation not a material driver; provisioning linked to inventory age.
• E-commerce profitability near retail; long-run positive trajectory.
• Tier-3 markets growing faster than metros; Gen-Z focus across brands.
• Reebok BIS issues; manufacturing diversification supports resilience.

Meeting Details

• Date and time: Monday, Aug 3, 2026 at 16:00 IST.
• Type/mode: virtual group earnings conference call.

Participants

• Key participants: senior management from the company.

Purpose

• Discuss Q1 FY26-27 financial results for quarter ended Jun 30, 2026.

Additional Notes

• Transcript will be uploaded on the company’s website.
• Investor presentation will be available on the website post results.

Meeting Details

• Date: August 1, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window closed until 48 hours after the results are declared.

Dividend declaration and record date

• Board recommends Rs 0.50 per equity share for FY2025-26, subject to AGM.
• Record date for dividend: Aug 7, 2026.

TDS framework on dividend

• TDS on dividend per IT Act 2025; rates depend on category and PAN.

Resident TDS rates

• Resident with PAN: 10% TDS; without PAN: 20%.
• Nil TDS for resident individuals if dividend ≤ ₹10,000 in TY 2026-27.

Non-resident TDS rates

• Non-residents: 20% TDS plus surcharge; DTAA benefits via TRC and Form 41.
• Notified Jurisdiction Areas: 30% TDS; exemptions possible with CBDT notification.

Documentation and deadlines

• Submit all required documents by August 10, 2026; upload to MUFG Intime.

Tax credits and viewing

• TDS credit available in TRACES Form 168 and Form 26AS.

Shareholder data updates

• Shareholders must update PAN, bank, and contact details with depository or RTA.

AGM notice and report access

• 2nd AGM scheduled for 19 August 2026 at 3:30 PM IST via VC/OAVM.
• Integrated Annual Report FY2025-26 and AGM Notice accessible online on the company website.
• Notice and Integrated Report also available on BSE and NSE websites.
• Letters issued to members with unregistered emails providing access web-links.
• Shareholders advised to update KYC details with DP/RTA as applicable.
• RTA contact: MUFG Intime India Private Limited; investor helpdesk details provided.

CP repayment details

• ISIN INE14LE14079; Scrip code 544403; full repayment ₹200 crore on 16/07/2026 for 4,000 CP; maturity.

Dematerialisation status and ownership update

• Dematerialisation requests were confirmed to the depositories.
• The securities in the certificates have been listed on the exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• The depository's name was substituted as registered owner in the records within prescribed timelines.