Indian Terrain Fashions Limited · NSE:INDTERRAIN
Indian Terrain Fashions — Q1 FY2027 Earnings Presentation
33 slides from Indian Terrain Fashions's earnings presentation, Aug 1, 2026
Slide 1: Cover letter to stock exchanges: revised investor presentation
ITFL/SEC/2026-27/AUG/03 1st August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai- 400 051 Scrip Code – 533329 NSE Symbol: INDTERRAIN Dea
Slide 2: Indian Terrain Fashions Limited Investor Update Q1 FY'27
I N V E S T O R U P D AT E Indian Terrain Fashions Limited Q1 FY'27 Quarter ended 30 June 2026 Submitted to BSE Limited and the National Stock Exchange of India Limited under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Slide 3: Disclaimer: Safe Harbour
DISCLAIMER Safe Harbour The information contained in this presentation is current only as of its date. Past performance of the Company is not, and should not be considered as, indicative of future results. This presentation may contain statements of future expectations and other forward-looking stat
Slide 4: Agenda
CONTENTS Agenda 01 Q1 FY'27 at a Glance 02 Management Commentary Headline performance for the quarter MD & CEO on the quarter and the road ahead 03 Market Update & Industry Trends 04 Business Update Demand environment and competitive backdrop Operating highlights for the quarter 05 Financial Perform
Slide 5: Q1 FY'27 at a Glance
P E R F O R M A N C E S N A P S H OT Q1 FY'27 at a Glance REVENUE FROM GROSS MARGIN EBITDA PROFIT BEFORE TAX OPERATIONS ₹ 81.74 Cr 41.0% ₹ 7.57 Cr ₹ 0.14 Cr ▲ 193 bps YoY ▲ 233.5% YoY vs. ₹ (6.04) Cr ▲ 18.8% YoY GROSS MARGIN (VALUE) OPERATING EBITDA PROFIT AFTER TAX GROSS WORKING CAPITAL ₹ 33.49 Cr
Slide 6: Management Commentary
M D & C EO Management Commentary Commenting on the results for Q1 FY'27, Mr. Charath Ram Narsimhan, Managing Director & Chief Executive Officer, said: “The first quarter of FY'27 reflects continued progress Operational excellence remained a priority through the against a strategy centred on profitab
Slide 7: Market Update & Industry Trends
O P E R AT I N G E N V I R O N M E N T Market Update & Industry Trends Consumer sentiment softened after mid-May The quarter did not trade evenly. Demand held to plan through April and the first half of May, then weakened materially from mid-May as households turned more cautious on discretionary sp
Slide 8: Business Update – Q1 FY'27
O P E R AT I N G H I G H L I G H T S Business Update – Q1 FY'27 Healthy revenue growth ₹ 81.74 Cr Revenue from operations rose 18.8% YoY to ₹81.74 Cr, reflecting REVENUE FROM sustained momentum and improved traction across the distribution OPERATIONS network. Broad-based channel delivery Growth was
Slide 9: Brand Campaigns: The Charmer, The Trendsetter, The Midnight Maverick
B R A N D C A M PA I G N S · Q 1 F Y ' 2 7 The Charmer · The Trendsetter · The Midnight Maverick 08
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Financial Performance Revenue, margin, profitability, balance sheet and working capital for the quarter ended 30 June 2026. SECTION 01
Slide 11: Key Metrics – Q1 FY'27
Y E A R - O N - Y E A R C O M PA R I S O N Key Metrics – Q1 FY'27 Revenue from operations Gross margin Healthy revenue growth Revenue from ₹ Crs % of revenue operations grew 18.8% YoY to ₹81.74 Cr, reflecting 81.74 41.0% 39.0% improved momentum across the Company's 68.78 diversified distribution cha
Slide 12: Revenue by Channel – Q1 FY'27
P R I M A RY SA L E S Revenue by Channel – Q1 FY'27 Q1 FY'27 Q1 FY'26 C O M M E N TA RY 48 Net IND AS sales rose 18.8% YoY to 42 40.90 38.00 ₹81.74 Cr, led by Large Format 36 Outlets, Online and Exclusive Retail, demonstrating the strength of the 30 Company's diversified distribution 24 network. 18
Slide 13: Channel Scorecard – Q1 FY'27
R E V E N U E BY C H A N N E L Channel Scorecard – Q1 FY'27 Channel Q1 FY'27 Q1 FY'26 Change Growth CHANNEL MIX SHIFT Retail · Exclusive Outlets 40.90 38.00 2.90 +7.63% Online scaled from ₹0.89 Cr to ₹10.76 Cr, MBO · Multi-Brand Outlets 12.74 15.95 -3.21 -20.1% moving from 1% to 13% of revenue mix.
Slide 14: Channel-wise Revenue Split
Q 1 F Y ' 2 7 VS . Q 1 F Y ' 2 6 Channel-wise Revenue Split Q1 FY'27 Q1 FY'26 C O M M E N TA RY 3% 1%4% 13% Revenue growth was driven primarily by the Online, Large Format Outlet and Exclusive 23% Retail channels, reflecting the Company's 16% continued focus on strengthening its omni- 50% 55% channe
Slide 15: Category-wise Revenue Split
Q 1 F Y ' 2 7 VS . Q 1 F Y ' 2 6 Category-wise Revenue Split Q1 FY'27 Q1 FY'26 C O M M E N TA RY 5% 1% 5% 1% The revenue mix reflects a balanced product portfolio. Shirts remain the largest category, 23% while T-Shirts contributed materially more 31% 49% during the quarter, demonstrating improving 5
Slide 16: Financial Results – Q1 FY'27
STAT E M E N T O F P R O F I T A N D LO S S Financial Results – Q1 FY'27 Particulars Quarter Ended Year Ended COMMENTARY Jun'26 Mar'26 Jun'25 Mar'26 Net Revenues 81.74 106.53 68.78 377.67 Revenue grew 18.8% YoY to ₹81.74 Cr Product Cost 48.25 59.19 41.93 218.38 on improved channel performance and a
Slide 17: Financial Performance – Q1 FY'27
STA N DA LO N E R E S U LT S A N D B A L A N C E S H E E T Financial Performance – Q1 FY'27 STANDALONE PROFIT & LOSS BALANCE SHEET Particulars Q1 FY'27 Q1 FY'26 YoY change Particulars Jun'26 Mar'26 Income from Operations 81.74 68.78 18.84% Share Capital 10.13 10.13 Other Income 1.49 1.26 Reserves an
Slide 18: Working Capital Trend
O P E R AT I N G E F F I C I E N C Y Working Capital Trend WORKING CAPITAL – ABSOLUTE GROSS WORKING CAPITAL DAYS ₹ in Crs Jun'26 Mar'26 Sep'25 Jun'25 327 326 Receivables 245 248 241 230 311 294 Inventory 70 75 77 76 Gross Working Capital 315 322 318 306 Trade Payables 61 77 67 64 Jun'25 Sep'25 Mar'2
Slide 19: Performance Trend
D I R EC T I O N O F T R AV E L Performance Trend Rolling 12-month revenue Quarterly revenue WHAT THE TREND SHOWS ₹ Crs ₹ Crs Rolling twelve-month revenue has grown 391 378 106.53 in each of the last four reported periods, 356 81.74 341 68.78 from ₹341 Cr to ₹391 Cr. Gross, EBITDA and PBT margins ha
Slide 20: SS'26 Collection · Polo Elevation · Constructed
B R A N D & C O L L E C T I O N C A M PA I G N S SS'26 Collection · Polo Elevation · Constructed Campaign creatives supporting the Exclusive Retail, Large Format Outlet and Online channels during the quarter. 19
Slide 21: Store Network & Brand
STORE NETWORK & BRAND Store Network & Brand Exclusive retail footprint, distribution reach, brand architecture and the Indian Terrain journey. SECTION 02
Slide 22: Exclusive Stores – Q1 FY'27
A S AT 3 0 J U N E 2 0 2 6 Exclusive Stores – Q1 FY'27 STORE FORMATS – ALL REGIONS Exclusive stores by region Format Description Stores 12 1 COCO Company Owned, Company Operated 13 23 COFO Company Owned, Franchisee Operated 45 FOFO Franchisee Owned, Franchisee Operated 94 13 EFO Exclusive Factory Ou
Slide 23: ITFL Presence
E XC LU S I V E STO R E F O OT P R I N T ITFL Presence STATE-WISE STORES BY REGION Tamil Nadu 71 Telangana 19 127 SOUTH Andhra Pradesh 17 Maharashtra 10 13 Karnataka 10 NORTH 10 Kerala 23 Gujarat 7 WEST Uttar Pradesh 6 Madhya Pradesh 6 12 EAST Assam 5 Punjab 4 1 Bihar 4 OUTSIDE INDIA Odisha 3 Rajast
Slide 24: Distribution Network & Reach
O M N I - C H A N N E L F O OT P R I N T Distribution Network & Reach Exclusive doors Large Format Outlet counters Multi-Brand Outlet doors 176 EBOs & EFOs across India and 198 total · by region 741 total · by region one international store 23 98 MBO doors 750+ Multi-brand outlet reach 78 307 across
Slide 25: New Concept Stores
R E TA I L E X P E R I E N C E New Concept Stores 01 02 03 04 Immersive brand storytelling Elevated visual Personal styling and fit Digital touchpoints merchandising Strengthening brand Mannequins styled as complete “Find Your Terrain Fit” stations Interactive screens showing connection through imme
Slide 26: Reinvented Brand Architecture
PRODUCT PORTFOLIO Reinvented Brand Architecture SMART CASUAL TERRAIN JEANS CONSTRUCTED TERRATHLETE For everyday work and play Youth casuals Premium occasion wear Inspired for everyday lifestyle The brand architecture has been refreshed around four sub-labels offering contemporary clothing for the dy
Slide 27: Our Journey
T W O A N D A H A L F D EC A D E S O F I N D I A N T E R R A I N Our Journey 2000 Launched Indian Terrain with a single flagship store 2015 Raised growth capital through a QIP and launched in Chennai, built around one product — casual Indian Terrain BOY, addressing smart-casual demand shirts. for bo
Slide 28: Driving Growth with Purpose and Technology
BUSINESS MODEL ENABLERS Driving Growth with Purpose and Technology 01 02 WHAT THIS ENABLES Purpose-led brand values Omni-channel presence 41.0% Crafted for the evolved Indian man, blending A consistent brand experience across Gross margin, up from 39.0% comfort, design and individuality. exclusive o
Slide 29: Key Personnel
LEADERSHIP Key Personnel Venkatesh Rajagopal Charath Ram Narsimhan Chairman & Executive Director Managing Director & Chief Executive Officer Founder of the business, with over 25 years of experience in the Bachelor's degree from IIT and PGDBM (Finance) from IIM apparel industry. Lucknow, with over t
Slide 30: Shareholding Pattern & Market Information
A S AT 3 0 J U N E 2 0 2 6 Shareholding Pattern & Market Information MARKET INFORMATION Shareholding pattern NSE TICKER BSE TICKER INDTERRAIN 533329 ISIN INDUSTRY INE611L01021 Apparels & Accessories FACE VALUE MARKET PRICE ₹ 2 per share ₹ 33 per share Public 45.49% Promoters 31.55% MARKET CAPITALISA
Slide 31: Strategic Priorities – FY'27
WHERE WE ARE FOCUSING Strategic Priorities – FY'27 The Company enters the second quarter with improved profitability, a healthier working capital position and good forward visibility on the order book, balanced against a watchful view on input costs and consumer sentiment. 01 02 03 04 Convert the or
Slide 32: Outlook & Key Watch Items
F O R WA R D V I E W Outlook & Key Watch Items WHAT WE EXPECT Order book visibility The encouraging response to the SS'27 collection and healthy roadshow order bookings, up 15–20%, provide good forward visibility for the coming selling season, with MBO expansion adding 40 new customers. Seasonal dem
Slide 33: Thank You
Thank You REGISTERED & CORPORATE OFFICE Indian Terrain Fashions Limited Survey No. 549/2 & 232, Plot No. 4 Thirukkachiyur & Sengundram Industrial Area Singaperumal Kovil Post, Chengalpattu – 603 204 INVESTOR RELATIONS Mr. Sheikh Sahenawaz Chief Financial Officer Mr. Sainath S Company Secretary & Com
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