Godrej Agrovet Limited

rs,

Date: April 30, 2025 To, BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400 001 To, National Stock Exchange of India Limited Exchange Plaz

80.8%

et ESG UPDATE 3 I Godrej Agrovet OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 80.8% GAVL’s Renewable energy portfolio^ 16x Water conservation ✓ Installed Solar rooftops at 20+ ma

16x

G INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 80.8% GAVL’s Renewable energy portfolio^ 16x Water conservation ✓ Installed Solar rooftops at 20+ manufacturing sites - Cumulative generatio

14,000 MW

r conservation ✓ Installed Solar rooftops at 20+ manufacturing sites - Cumulative generation of ~14,000 MWh in FY25. ✓ Vegetable Oil business’ renewable energy portfolio ~98.4% of total energy usage - Fr

98.4%

lative generation of ~14,000 MWh in FY25. ✓ Vegetable Oil business’ renewable energy portfolio ~98.4% of total energy usage - Fruit bunches residue as a boiler fuel. ✓ A water positive company; 29 mi

29 million

98.4% of total energy usage - Fruit bunches residue as a boiler fuel. ✓ A water positive company; 29 million m3 water sequestered against a consumption of 1.7 million m3#. ✓ 20,600 sapling planted & 2,270

1.7 million

oiler fuel. ✓ A water positive company; 29 million m3 water sequestered against a consumption of 1.7 million m3#. ✓ 20,600 sapling planted & 2,270 farmers engaged in FY25. “A-” Leadership band in Climate,

19.0%

ing planted & 2,270 farmers engaged in FY25. “A-” Leadership band in Climate, Forest & Water* -19.0% Scope 1 & 2 GHG emission reduction^ ✓ 2nd consecutive year leadership rating for climate disclo

37.5%

ion reduction target aligned to WB2DS. ✓ GAVL scores ahead of the regional and global averages. ✓ 37.5% scope 1+2 GHG emission reduction by FY35 from baseline ✓ 1st Agri company in India to have approv

42.5%

IMPACT UPDATE VALUE CHAIN WATER STEWARDSHIP AGRI EDUCATION WOMEN’S EMPOWERMENT 9,430 7,790 42.5% Farmers reached through the dairy & maize programme FY25 target:7,300 Total number of animals

28%

ivity rate calculated on animals inseminated up to Q3 through direct dairy programme). 16x* 28% Water positive (Water sequestered annually over 28 M m3* GAVL usage: 1.7 M m3) Carbon offset:

9.0%

ofit of Equity Accounted Investees PBT Margin (%) Profit after tax (PAT) PAT Margin (%) 845 9.0% 485 5.2% 386 4.1% 757 7.9% 434 4.5% 370 3.9% -1.9% 11.6% 11.7% 4.5% 9,001 9,102 90

“1,04,720 tCO2e) 2,270 Farmers trained on SALM** practices: 2,571 (FY25) 16k 2028 Students being trained on modern agriculture 1,802 Kitchen gardens set up.”

“• While volumes grew marginally, minor decline in average realizations resulted in segment margins remaining flat y-o-y in Q4 FY25.”

“In FY25, FFB volume declined by ~ 8% y-o-y.”

“For Q4 FY25, both segment revenue and margins recorded stellar growth on account of higher realisations of CPO and PKO and increase in FFB arrivals by 10% y-o-y.”

“15 I Godrej Agrovet CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Q4 FY25 Q4 FY24 Y-o-Y Change Segment Revenue (Cr) Segment Result (Cr) 153 54 119 41 28.4% 31.2% FY25 764 308 FY24 815 254 Y-o-Y Change -6.2% 21.0% Segment Margin (%) 35.1% 34.3% 40.3% 31.2% Stellar performance throughout the year was driven by higher sales of in-house and traded products portfolio as compared to FY24 which resulted in segment margin of 40% in FY25.”

“16 I Godrej Agrovet ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q4 FY25 Q4 FY24 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 120 6.3 5.3% 154 14.8 9.6% -22.3% -57.2% FY25 381 -61 FY24 458 0.0 Y-o-Y Change -16.7% NM -15.9% -0.1% • • In terms of FY25 performance, Astec’s contract manufacturing and enterprise portfolios faced volume and price headwinds on account of severe demand-supply imbalance and destocking.”

“In Q4 FY25, Astec reported a sequential improvement in performance as compared to Q3 FY25 on the back of improved volumes and lower input costs.”

“17 I Godrej Agrovet CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q4 FY25 Q4 FY24 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 384 16 4.1% 392 30 7.6% -2.0% -46.3% FY25 1,585 79 5.0% FY24 1,573 67 4.3% Y-o-Y Change 0.8% 18.1% • Dairy business profitability improved over FY25 due to continued focus on improvement in operational efficiencies and improved milk spread.”

“• While segment revenue remained flat in Q4 FY25, segment margins declined primarily due to increase in procurement prices.”

“18 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Q4 FY25 Q4 FY24 Y-o-Y Change Revenues (Cr) EBITDA* (Cr) EBITDA Margin (%) * Excluding Non-recurring & exceptional items 179 9 5.0% 216 17 7.9% -17.4% -48.1% FY25 826 50 6.0% Y-o-Y Change -16.3% -30.6% FY24 986 71 7.2% • GFL’s revenue and profitability declined in FY25 as compared to FY24.”

AI success rate

1

GAVL usage

1

Carbon offset

1

GAVL emissions

1

Notes

1

AI success rate

(Positivity rate calculated on animals inseminated up to Q3 through direct dairy programme). 16x* 28% Water positive (Water sequestered annually over 28 M m3*

GAVL emissions

1,04,720 tCO2e) 2,270 Farmers trained on SALM** practices: 2,571 (FY25) 16k 2028 Students being trained on modern agriculture 1,802 Kitchen gardens set up. FY25 target:1,600 Women agri-students engaged FY25 target: 2,000 97 57 Women trained as Agri-Entrepreneurs FY25 target: 100 Students received scholarship FY25 target: 65 6 I Godrej Agrovet *Reported water sequestration data unverified **SALM – Sustainable Agricultural Land Management AWARDS AND RECOGNITIONS BHARATIYA CSR KE DUS SAAL: AGLE DUS SAAL BEMISAAL Godrej Group won Indian CSR Excellence Awards SUSTAINABLE AGRICULTURE SUMMIT & AWARDS Standalone Crop Protection won Sustainable Agriculture Awards - 2024 1 2 Godrej Group was selected & recognized for its impactful CSR contribution towards nation building over the last decade 7 I Godrej Agrovet 1. Extension & Training Excellence for PYNA, our innovative solution, transforming the cotton herbicides market in India. 2. Community Engagement & Social Impact for Mission Red Gram initi

Notes

(1) As % of total consolidated segment revenues (2) As % of total consolidated segment profit before interest and taxes SEGMENT-WISE PERFORMANCE UPDATE 13 I Godrej Agrovet ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q4 FY25 Q4 FY24 Y-o-Y Change FY25 FY24 Y-o-Y Change Sales Volume (tons) 3,70,104 3,62,116 Segment Revenue (Cr) Segment Result (Cr) Segment Margin (%) 1,146 65 5.7% 1,190 68 5.7% 2.2% -3.6% -3.6% 14,75,144 14,99,515 4,781 291 6.1% 5,008 231 4.6% -1.6% -4.5% 25.9% • Segment margin for FY25 improved considerably as compared to FY24 on account of favourable commodity prices and cost optimisation initiatives. Volumes remained flat y-o-y primarily due to lower placements & lower end product prices in first half of the year. • While volumes grew marginally, minor decline in average realizations resulted in segment margins remaining flat y-o-y in Q4 FY25. 14 I Godrej Agrovet VEGETABLE OIL Largest domestic pr