Investor Presentation

Here is the summary of the investor presentation: **Financial Highlights:** Aditya Vision reported Q1 FY26 revenue of 940.2 Cr (+5.8% YoY) and Net Profit of 55.2 Cr (+3.9% YoY). Despite unseasonal weather impacting demand, the company demonstrated resilient execution and cost control, maintaining healthy gross and PAT margins. **Strategic Initiatives & Growth Drivers:** The company is scaling premium categories to boost per-store economics.

It targets over 200 stores in FY26 via cluster-based expansion in the Hindi Heartland, reinvesting capital for high returns from this growing region. **Business Developments:** Aditya Vision expanded to 179 stores, adding 4 new outlets in Q1 FY26. Its strategic focus on the Hindi Heartland is backed by a unique model: 85% direct OEM supply for higher margins, operating net debt-free with cash-and-carry. **Market Position & Competitive Advantage:** A dominant player, Aditya Vision leads electronics retail in Jharkhand and holds over 50% market share in Bihar.

Efficient unit economics include 7-9 month store break-even, 3-year payback, and zero store closures, highlighting strong operational execution. **Investor Implications:** Q1 performance, despite headwinds, shows operational resilience.

The significant growth potential in the underpenetrated Hindi Heartland, combined with a robust business model and strong market position, offers a compelling outlook for sustained positive growth.