Vedant Fashions Limited has informed the Exchange about the Transcript of the Conference Call organised and held on May 11, 2026.

Vedant Fashions reported Q4 FY26 revenue of ~INR 399 crore (+8.7% YoY) with retail sales of ~INR 561 crore (+7.8%) and SSG of 4.6%. Full-year FY26 retail sales crossed INR 2,000 crore at ~INR 2,008 crore (+6.1%). Gross margin stood at ~65.7%, EBITDA margin at 44.3%, and PAT margin at 26.2%, with a strong cash conversion ratio of ~98%. The company indicated it is prioritizing SSG improvement and store quality over aggressive network expansion, expecting to close ~5-6% of underperforming retail area while adding higher-quality stores. New store revenue per sq ft is ~85% better than closed stores. Input cost inflation of 50-150 bps is anticipated but expected to be manageable. The GST rule change (Sep 2025) created a temporary gap between primary and secondary sales growth, which management expects to normalize in FY27. March was a particularly strong month, with management cautiously optimistic about FY27 given improving consumer sentiment and footfall. The company flagged AI investments as a future efficiency driver and is targeting consumer retention from its 90 lakh consumer database.