Slide 1: Investor Presentation Q3 & 9M FY26
INVESTOR PRESENTATION Q3&9MFY26 FE BR UA RY 2 0 2 6 INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 2: Safe Harbour
PDS LIMITED Safe Harbour The Presentation is to provide the general background information about the Company’s activities as a t the date of the Presentation. The information contained herein is for general information purposes only and based on estimates and should not be considered as a recommenda
Slide 3: Table of Contents
01 KEY HIGHLIGHTS 02 P E R F O RMA NC E OVERVIEW Table of 04 / 06 07 / 11 Contents 03 E V O LV I NG M A R K E T DYNAMICS & PDS P O S I T I O NI NG 04 OT H E R U P DAT E S 20 / 27 12 / 19 INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 4: Key Highlights
01 Key Highlights 01/ KEY HIGHLIGHTS & FINANCIAL SNAPSHOT 02/ REVENUE BREAK UP INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 5: Key Highlights: Driving Growth, Efficiency, and Strategic Resilience
PDS LIMITED Key Highlights: Driving Growth, Efficiency, and Strategic Resilience 1. GMV clocked at ₹14,760crs, registering Y-o-Y growth of 7%, reflecting steady throughput and sustained engagement across the platform despite a cautious demand environment 2. Achieved Topline of ₹9,591crs, up 6% Y-o-Y
Slide 6: Financial Snapshot (9M FY26 | Q3 FY26)
PDS LIMITED Financial Snapshot (9M FY26 | Q3 FY26) ₹ IN CR AND $ IN MN, UNLESS MENTIONED OTHERWISE GMV REVENUE PAT ₹14,760 ₹9,591 ₹106 9M FY26 vs 9M FY25 ($1,690) ($1,098) ($12) 7% 6% 35% 0.17x YoY YoY YoY Net Debt/EBITDA PAT MARGIN: 1.1% 9M FY26 9M FY26 9M FY26 ₹4,660 ₹3,173 ₹37 28% Q3 FY26 vs Q3 F
Slide 7: Performance Overview
02 Performance Overview 03/ P R O F I T & LO S S S TAT E M E N T 04/ INVESTMENT IN NEW VERTICALS & OUTLOOK THEREOF 05/ BALANCE SHEET 06/ S E G M E N TA L P E R F O R M A N C E INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 8: Profit and Loss (Consolidated in ₹ Crs)
PDS LIMITED Profit and Loss (CONSOLIDATED IN ₹ CRS) COMMENTARY • GMV increased by 7% in 9M FY26 • Topline grew 6% in 9M FY26 • Y-o-Y Gross Margin expanded by 230bps in Q3FY26 & 45bps in 9MFY26 • Employee expenses increased by 9% Y-o-Y in Q3FY26 includes impact of Knit Gallery • Other Expense increas
Slide 9: Investment in New Verticals & Outlook thereof
PDS LIMITED Investment in New Verticals & Outlook thereof ₹ IN CRS, UNLESS MENTIONED OTHERWISE S. No. Key Focus Area 9M FY26 9M FY25 Outlook Design Led Sourcing Positive, this is specially from our efforts on serving customers 1 17 6 (Stellar Brands, Wonderwall etc.) from India. Knit Gallery largely
Slide 10: Balance Sheet (Consolidated in ₹ Crs)
PDS LIMITED Balance Sheet (CONSOLIDATED IN ₹ CRS) • Net Debt reduced from ₹374crs as on 31 Mar’25 to ₹70crs as on 31 Dec’25, despite an addition of ₹91crs on account of consolidation of Knit Gallery acquired during the year • NWC Days declined from 17 days in Mar’25 to 7 days in Dec’25 LEVERAGE RATI
Slide 11: Segmental Performance at a Glance 9M FY26
PDS LIMITED Segmental Performance AT A GLANCE 9M FY26 ₹ IN CRORE AND $ IN MN, UNLESS MENTIONED OTHERWISE S OURCIN G MAN UFACT U RIN G PDS VEN TURES PDS AN D OTHERS CON S OLIDAT E D INVESTMENT IN PDS VENTURES, REAL ESTATE & OTHERS REVENUE REVENUE REVENUE REVENUE Y-o-Y Growth % Y-o-Y Growth % Y-o-Y Gr
Slide 12: Evolving Market Dynamics & PDS Positioning
03 Evolving Market Dynamics & PDS Positioning 07/ GLOBAL TRADE & SOURCING SHIFTS REDEFINING A P PA R E L P L AT F O R M S 08/ I N D U S T RY S H I F T S C R E AT I N G S T R C T U R A L O P P O RT U N I T Y & H O W P D S I S S T R AT E G I C A L LY N AV I G AT I N G 09/ M A N U FA C T U R I N G T R
Slide 13: Global Trade & Sourcing Shifts Redefining Apparel Industry
PDS LIMITED Global Trade & Sourcing Shifts Redefining Apparel Industry Current volatility is impacting customer buying behavior GLOBAL DEMAND ENVIRONMENT CONSUMER BEHAVIOUR INPUT COSTS & INFLATION • Low single digit global apparel growth • Value & Essentials driven buying • Cotton and raw material p
Slide 14: Outlook – How Things are Shaping for Us?
PDS LIMITED Outlook – How Things are Shaping for Us ? Short term challenges with long term outlook for sustained growth intact through disciplined execution Market & Demand Signals Key Catalysts for Growth PDS ADVANTAGE 1. Demand Normalization Underway • Platform, not a single-country story US & Eur
Slide 15: PDS Well-Positioned to Benefit from UK & EU Trade Agreements
PDS LIMITED PDS Well-Positioned to Benefit from UK & EU Trade Agreements Why the deals matter ? PDS Advantage 1. UK–India FTA enhances price competitiveness and margins 1. Established UK Customer Relationships enable immediate scale-up through duty-free access and faster clearances. of supply 2. EU–
Slide 16: How are we Navigating in Bangladesh?
PDS LIMITED How are we Navigating in Bangladesh ? Managing near-term uncertainty through diversification — well positioned to participate in the recovery Current Phase – Heightened Textile & Apparel is critical for PDS response: balanced, Uncertainty Bangladesh proactive, resilient • Trade shifts -
Slide 17: Manufacturing Transformation Driving Growth
PDS LIMITED Manufacturing Transformation Driving Growth Inception Stabilise Profitable Expansion Scaled Platform 2017 2018-21 2021-25 2025 2026 • Entry into manufacturing • Impacted due to COVID, • Revamped leadership • Acquired Knit Gallery • Shift from standalone through Greenfield operations took
Slide 18: BCG Cost Transformation – Project Since Completed
PDS LIMITED BCG Cost Transformation – Project Since Completed Knowledge Transfer done, FY2026 -27 should see realisation of Benefits Key Initiatives Across Program completion & foundation Fabric Purchase • BCG-led Cost Transformation concluded in Q3 FY26 • Key initiatives identified, supported by do
Slide 19: PDS is continuing its investment in AI & Tech-infra
PDS LIMITED PDS is continuing its investment in AI & Tech-infra 19/ INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 20: Other Updates
04 Other Updates 12/ R E G U L ATO RY U P DAT E : R E V I S E D L A B O U R C O D E 13/ OT H E R U P DAT E S INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 21: Regulatory Update: Revised Labour Codes – India & Bangladesh
PDS LIMITED Regulatory Update : Revised Labour Codes – India & Bangladesh What is Changing? • India replaced 29 labour laws with 4 Labour Codes (effective Nov-25) Financial impact India: Primary exposure from expanded wage definition and • Bangladesh enacted Labour Act Amendment 2025 inclusion of fi
Slide 22: Group CFO Transition @PDS
PDS LIMITED Group CFO Transition @PDS Rahul Ahuja Sadik Sunasara Group CFO • Continue advising the Group in • Sadik Sunasara (Head Treasury & Banking, earlier Head Strategic a Strategic Advisor capacity Initiatives & Special Projects) shall take over as Group CFO, w.e.f. April, 2026 • Sadik has been
Slide 23: PDS has a New Website!
PDS LIMITED PDS has a New Website! The new design highlights the strength of our group — bringing together all our subsidiaries, offices, and factories worldwide to showcase the scale and capabilities that make PDS unique. Explore the Website Showcasing how PDS Ventures is driving innovation through
Slide 24: Beyond Business: Standing with Communities in Sri Lanka
PDS LIMITED Beyond Business: Standing with Communities in Sri Lanka Worst Flooding in decades 2mn+ people affected All 25 districts impacted Actions led by values Supporting communities, livelihood and reinforcing trust in regions where we operate 24/ INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 25: Embedding Sustainability in our Operations
PDS LIMITED Embedding Sustainability in our Operations Norlanka received the Merit Award in the Apparel Industry at Sri Lanka’s Presidential Environment Awards 2025, recognizing excellence in environmental conservation and sustainable practices 25/ INVESTOR PRESENTATION | Q3 & 9M FY26
Slide 26: Embedding Sustainability in our Operations
PDS LIMITED Embedding Sustainability in our Operations PDS honored with the Gold Award for World Leadership in RMG by AEPC, PDS’ FY25 Annual Report “Weaving Threads of Trust” wins Gold at the recognizing our global excellence, visionary leadership, and India-led LACP 2025 Spotlight Awards, scoring 9
Slide 27: QIP Proceeds Utilization - Update
PDS LIMITED QIP Proceeds Utilization - Update ₹ IN CRS UNLESS MENTIONED OTHERWISE Particulars Amount Funds Deployed Balance Remarks Repayment/pre-payment, in full or in part, of certain borrowings 279.5 278.4 1.1 HSBC UK loan amount paid availed by our Company and certain of our Subsidiaries Pursuin
Slide 28: Thank You
THANK C O N TA C T U S PDS LIMITED YOU Unit No.971, Solitaire Corporate Park, Andheri-Ghatkopa r Link Road, Andheri (E), Mumbai-400093, Maharashtra, India CIN: L18101KA2011PLC094125 Tel.: +91-22-41 441 100 Email: investors@pdsltd.com Kanav Khanna | Jeevika Kishnani Ernst and Young LLP Tel: 991003624