Gujarat Narmada Valley Fertilizers and Chemicals Limited

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r BSE Limited Corporate Relationship Dept., 1st Floor, New Trading Ring, Rotunda Bldg., PJ Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: "500670" The Manager Listing Department Natio

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7 23 16 1,371 1,304 661 701 Q1 25-26 Q4 24-25 Q1 24-25 Fertilizers Chemicals Others 300 200 100 - (100) 3 136 (100) 5 250 3 150 (49) (44) Q1 25-26 Q4 24-25 Q1 24-25

8%

Coal (Rs. / MT) ( ₹ ‘000 ) 53 33 11 54 33 11 52 33 12 51 36 12 47 41 (8%) 15% 11 (2%) JUN-24 SEP-24 DEC-24 MAR-25 JUN-25 Source: Company % Represent Q-o-Q Change

15%

(Rs. / MT) ( ₹ ‘000 ) 53 33 11 54 33 11 52 33 12 51 36 12 47 41 (8%) 15% 11 (2%) JUN-24 SEP-24 DEC-24 MAR-25 JUN-25 Source: Company % Represent Q-o-Q Changes N (G

2%

( ₹ ‘000 ) 53 33 11 54 33 11 52 33 12 51 36 12 47 41 (8%) 15% 11 (2%) JUN-24 SEP-24 DEC-24 MAR-25 JUN-25 Source: Company % Represent Q-o-Q Changes N (Gas) : Cons

150 MT

d –III UNDER CONSIDERATION : Financial Year Wise Current Schedule Capacity 25-26 26-27 27-28 150 MT/Hr Steam & 18 MW Power 50 KTPA 200 KTPA Ammonium Nitrate -II 163 KTPA • Coal Based Steam & P

18 MW

DERATION : Financial Year Wise Current Schedule Capacity 25-26 26-27 27-28 150 MT/Hr Steam & 18 MW Power 50 KTPA 200 KTPA Ammonium Nitrate -II 163 KTPA • Coal Based Steam & Power Plant: Will b

Fertilizers

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Chemicals

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General

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Segment Results

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UNDER EXECUTION

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UNDER CONSIDERATION

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Investor relation cell at

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Fertilizers

    Urea energy has been higher due to annual turn around Revision for energy is yet to be announced For fixed costs, industry representations are going on for settling open issues with the help of Industry Association On Y-o-Y level the volumes are lower due to turn around

Chemicals

 Aside from lower volume due to turnaround, chemical products have witnessed tough market conditions especially products like TDI and Aniline apart from others  On Q-o-Q basis, the sales volume of TGU is significantly impacted due to lower availability whereas on Y-o-Y basis there is realization headwind Input costs witnessed moderation during the Q-1 

General

 Projects are on track except some delay in case of Captive Power Plant at Dahej which is expected to commission by end of calendar year  Due to turn around, apart from volume impact, there are impacts due to unproductive costs as well as higher repairs costs   The figures, therefore, are not comparable The Q-2 is witnessing gradual improvements GNFC I Investor Presentation I Q1 FY 25-26 4 of 13 From The Desk of Managing Director Commenting on the results, Dr. T. Natarajan, Managing Director stated that in view of annual turnaround at Bharuch complex during April 25 and its consequential impact on revenue and profits the financials of Q 1 FY 25-26 are not comparable. Dr. T. Natarajan Managing Director The annual turnaround impacts financials in terms of : lower volume a) b) unproductive costs c) higher fixed cost mainly repairs & maintenance The change in other comprehensive income is attributable to improvement in the fair market value of both quoted and unquoted investments. Duri

Segment Results

Lower volume availability has affected the revenue, both, for Fertilizer and Chemical. In case of chemical segment tough market conditions prevailed for products like Aniline & TDI which affected the realisations. On Q-o-Q & Y-o-Y basis shutdown impact weighed on operating results. In case of urea higher energy as compared to allowable energy widened losses whereas some of the chemicals faced margin erosion due to lower realisations. GNFC I Investor Presentation I Q1 FY 25-26 7 of 13 Feedstock Spreads Toluene TDI Highest Price (₹ ‘000/MT) Price (₹ ‘000/MT) Lowest 174 88 86 Jun-24 Source: Company 184 95 89 182 102 80 181 108 73 Sep-24 Dec-24 Mar-25 GNFC I Investor Presentation I Q1 FY 25-26 155 81 73 Jun-25 8 of 13 Feedstock Spreads Methanol Acetic Acid Price (₹ ‘000/MT) Highest Lowest 39 12 27 # 38 12 25 # 37 9 28 39 10 30 40 12 28 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 #Methanol cost represents the weighted average cost of the Bought Out Methanol and captively produced further adjusted by

UNDER CONSIDERATION

Financial Year Wise Current Schedule Capacity 25-26 26-27 27-28 150 MT/Hr Steam & 18 MW Power 50 KTPA 200 KTPA Ammonium Nitrate -II 163 KTPA • Coal Based Steam & Power Plant: Will bring down the steam cost & overall TDI operating cost. • Ammonia Expansion: Will increase reliability of existing ammonia loop along with some energy saving cost. • WNA-AN: Will strengthen Company’s market share. GNFC I Investor Presentation I Q1 FY 25-26 GNFC I Investor Presentation I Q1 FY 23-24 12 of 13 13 of 15 Cautionary Note - Forward Looking Statement