Meeting Details

The 2nd Annual General Meeting of Aditya Birla Lifestyle Brands Limited was held on Wednesday, August 19, 2026, through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 3:30 p.m. and concluded at 4:50 p.m.

Meeting Proceedings

Mr. Arun Adhikari was elected as Chairperson of the Meeting. All Directors were present except Mr. Venkatesh Mysore. Representatives of Statutory Auditors and Secretarial Auditors were present through VC/OAVM. The Notice convening the AGM and Auditor's Report for year ended March 31, 2026 were taken as read. There were no qualifications, comments or observations in the Statutory Auditor report or Secretarial Audit Report.

Management Presentation

Mr. Ashish Dikshit, Managing Director, briefed members on:

  • Economy and Industry overview
  • Apparel Market landscape
  • Company's performance
  • Lifestyle Brands business
  • Emerging brands in the Company's portfolio
  • Culture of Operational Excellence and Digital Agility
  • Way forward

Business Transacted

The following ordinary resolutions were transacted:

1. Adoption of Audited Standalone Financial Statements for FY26 and Reports of Board of Directors and Auditors thereon, and Adoption of Audited Consolidated Financial Statements for FY26 and Reports of Auditors thereon

2. Declaration of a dividend of 8% on the Non-convertible, Non-cumulative Redeemable Preference Shares for FY26

3. Declaration of a dividend of ₹0.50 (Fifty paisa only) per equity share for FY26

4. Appointment of Director in place of Ms. Ananyashree Birla (DIN: 06625036), who retires by rotation and offers herself for re-appointment

Voting Method

Voting was conducted through Remote e-voting and e-voting (Insta Poll) at the AGM. E-Voting at the Meeting was available for 15 minutes post closure for Members who had not cast votes during Remote e-voting. Voting Results along with Scrutinizer's Report will be declared and disseminated on the Company's websites, RTA website, and Stock Exchanges.

Financial Performance Highlights (from MD's Speech)

  • FY26 revenue grew 7% year-on-year to ₹8,396 crore
  • Healthy like-to-like growth of 9%
  • EBITDA increased by 13% year-on-year
  • EBITDA margin expanded by 80 basis points to 17%
  • Lifestyle Brands portfolio revenue grew 8% to ₹7,154 crore
  • Lifestyle Brands EBITDA increased 9% to ₹1,401 crore with margins at 19.6%
  • Net debt stood at ₹726 crore as of FY26 end

Operational Highlights

  • Added more than 300 stores (gross) during the year
  • Total retail footprint exceeds 4.9 million square feet
  • Operates 3,348 Exclusive Brand Outlets
  • Has over 39,500 Multi-Brand Outlets
  • Maintains more than 6,500 Shop-in-Shops
  • E-commerce revenue exceeded ₹1,000 crore during the year
  • More than 50% of store network is omni-enabled

Manufacturing Capabilities

  • More than 10 state-of-the-art manufacturing facilities
  • Annual production capacity exceeding 30 million units
  • Manufacturing workforce of over 16,000 associates
  • 69% of energy used in owned facilities comes from renewable sources
  • Water-positive operations across all owned facilities
  • 72% of wastewater being recycled
  • 95% packaging now sustainable

Sustainability Initiatives

  • CSR initiatives created impact for over 1.88 lakh beneficiaries in FY26
  • Over 7,900 employees volunteered nearly 47,000 hours
  • Over 8.9 lakh square feet of green-certified built environment

Forward Outlook

  • Focus on delivering sustained double-digit growth in both revenue and EBITDA
  • Priority on healthy like-to-like growth, sharper product propositions, and stronger digital capabilities
  • Focus on progressively strengthening balance sheet through internally generated cash flows
  • Continued investment in capabilities, people and innovation