Brand Concepts Ltd

Store opening details

• Opened a new OFF-WHITE store at Quest Mall, Kolkata (Unit 102, First Floor, Syed Amir Ali Avenue, 700017).

Brand Concepts Limited: Trading window closed from 01 October 2026 until 48 hours after declaration of unaudited financial results for the quarter and half year ended 30 September 2026.

Brand Concepts Limited — Closure of Trading Window from 01.10.2026 till the expiry of 48 hours after the declaration of Unaudited Financial Results for the quarter & half year ended on 30.09.2026

Meeting Details

• Date and time: 30 September 2026, 12:00 PM to 1:00 PM.
• Event: Arihant Capital (Broking) Virtual Conference Call.
• Format: Group meeting; mode: virtual.
• Organiser: Arihant Capital (Broking).
• Participants: Management team from Brand Concepts Limited.
• Purpose: Investor/Analyst meet for general investor interaction.

Store opening

• Opened OFF-WHITE store at DLF Promenade Mall, New Delhi.
• Address: Unit No. 135, Ground Floor, DLF Promenade, New Delhi 110070.
• Opening date: 17 September 2026.

Financial highlights

• Standalone revenue ₹34,806.91 lakh in FY26, up 19.2% YoY.
• EBITDA ₹31.34 crore; margin ~9.0% in FY26.
• Gross margin rose to 55.8% in FY26 from 54.7%.
• Standalone PAT ₹0.97 crore; Consolidated PAT ₹1.09 crore.
• Standalone EPS ₹0.78; Consolidated EPS ₹0.87 (basic), ₹0.86 (diluted).
• Gross debt ₹187.17 crore; net debt ₹187.07 crore; net gearing 2.26x.
• Manufacturing facility commissioned at Ujjain; capacity 3.5 lakh units.
• Integrated warehouse 102,000 sq ft; backward integration via IFF Overseas.
• Retail footprint: 40+ Bagline stores; 950+ POS; exclusive stores expanded.
• One customer contributed ₹4091.19 lakh; 10%+ revenue contributor.
• Dividends for FY26: none declared.
• ESOPs: 60,000 options exercised; 2,28,000 outstanding; 6,10,000 promoter warrants issued.
• Capital raise: 6.10 lakh warrants at ₹327.80; upfront ₹4.99 crore; balance payable.

Business developments & strategy

• FY26 saw addition of Juicy Couture, Off-White, Superdry; broadened premium portfolio.
• Invested in manufacturing and supply chain; strengthened backward integration.
• Commissioned Ujjain facility; integrated warehouse to boost efficiency.
• Expanded into airport retail; launched Institutional Business vertical.
• Digital engagement and omni-channel growth through Bagline and D2C platforms.
• Discipline on profitability; investments weighed on near-term earnings; focus on efficiency.

Operations & capacity

• Manufacturing capacity: 3.5 lakh units per annum.
• Integrated warehouse: 102,000 sq ft; scalable fulfilment platform.
• Backward integration: IFF Overseas (Bag Division) completed.
• Exclusive outlets: 4 Tommy Hilfiger; 3 Juicy Couture; 2 Off-White stores.
• Channel mix: Online 39.7%, Modern Trade 25.8%, Traditional 27.6%, Manufacturing 6.9%.
• Retail network: 40+ Bagline stores; 950+ POS nationwide.

Capital structure & financing

• Gross debt ₹187.17 crore; net debt ₹187.07 crore; gearing 2.26x.
• Promoter group holds ~52% equity; balance with public/others.
• 10 lakh warrants issued to promoter group; upfront ₹4.99 crore; 75% later.
• Warrants convert to equity at ₹327.80; full exercise within 18 months.
• ESOP: 4,23,000 options granted historically; 60,000 exercised in FY26.

Governance & risk

• Board: 7 directors; 4 Independent; Govind Shrikhande reappointed for 2027-32.
• 7 Board meetings in FY26; robust Audit, Nomination & Remuneration, Stakeholders committees.
• Related party transactions disclosed; arm’s-length terms; notable items include 14.16 Lk professional fees.
• Risks: competition, raw material volatility, FX exposure, supply chain disruptions.
• Internal controls and secretarial audits robust; compliance under LODR monitored.

CSR & ESG

• CSR spend ₹14.35 lakh in FY26; ₹10.79 lakh unspent to be transferred.
• 4 CSR projects; focus on Education, Livelihood, Community development.
• CSR policy posted on brandconcepts.in; governance overseen by Board.

Outlook & market trends

• India luggage market poised for growth; premiumisation and digital commerce trends.
• GDP growth projected ~6.6% in 2026-27; investments in manufacturing & logistics ongoing.
• Brand Concepts aims to scale existing brands and onboard selective new global brands.
• Focus on cost efficiencies, margin expansion, and scalable omni-channel growth.

AGM details

• Date/time: 24 September 2026 at 11:00 IST.
• Mode: VC/OAVM; registered office deemed venue.
• Cut-off date for voting entitlement: 28 August 2026.
• Remote e-voting window: 21–23 September 2026; voting at meeting also.
• Book closure: 17–24 September 2026 (both days inclusive).

Key resolutions

• Adoption of standalone financial statements for year ended 31 March 2026.
• Adoption of consolidated financial statements for year ended 31 March 2026.
• Re-appointment of Annapurna Maheshwari as Non-Executive Director liable to rotation.
• Re-appointment of Govind Shridhar Shrikhande as Independent Director for a second term.
• Enhancement of associate loan/guarantee/securities to 7E Wellness India Private Limited up to Rs 3 crore.
• Remuneration for Annapurna Maheshwari for FY2026-27 may exceed 50% of total non-exec.
• Professional fees to Govind Shrikhande: Rs 1 Lakh per month.
• Borrowing powers up to Rs 150 Crores.

Related party transactions

• Loans/guarantees to 7E Wellness India Private Limited to be used for principal business activities.

Directors & remuneration

• Govind Shridhar Shrikhande Independent Director to serve a second five-year term.
• Annapurna Maheshwari re-appointment as Non-Executive Director.
• Remuneration approvals: Rs 2.5 Lakhs per month for Annapurna Maheshwari for FY2026-27.

Dividend

• Dividend proposal/approval not disclosed in this AGM notice.

Financial statements approved

• Audited standalone and consolidated financial statements for year ended 31 March 2026 approved.

Director re-appointment

• Annapurna Maheshwari re-appointed as Non-Executive Director liable to retirement by rotation.

Independent director re-appointment

• Govind Shrikhande re-appointed as Independent Director for a second five-year term (Mar 2027–Mar 2032).

Loans to associate company

• Special resolution to advance loans/guarantees to 7E Wellness India Private Limited up to 3 Crores.
• Loans/guarantees to 7E Wellness to be used for principal business activities.

Remuneration approvals

• Remuneration for Annapurna Maheshwari FY2026-27 proposed at Rs 2.5 Lakh/month.
• Special resolution required as remuneration may exceed 50% of total non-exec pay.

Professional fees to Shrikhande

• Approval for monthly professional fees of Rs 1 Lakh to Govind Shrikhande for advisory services.

Borrowing powers

• Special resolution to borrow up to 150 Crores under Section 180(1)(c).

AGM details

• 19th AGM to be held 24 September 2026 via VC/OAVM.
• Remote e-voting from 21 to 23 September 2026.