TRUALTNSE19 October 2025

TruAlt Bioenergy Limited has informed the Exchange about Investor Presentation

TruAlt Bioenergy Limited

Date: October 19, 2025

BSE Limited, Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001

National Stock Exchange of India Limited, The Listing Department, Exchange Plaza, Bandra Kurla Complex, Mumbai-400051

Scrip Code: 544545

Scrip code: INE0MWH01014 Symbol: TRUALT

Sub: Investor Presentation on the Unaudited Standalone and Consolidated Financial Results of the Company for quarter ended June 30, 2025.

Dear Sir/Madam,

Please find enclosed the Investor Presentation on the Unaudited Standalone and Consolidated Financial Results of the Company for quarter ended June 30, 2025.

The aforementioned information is also available on the Company’s website: www.trualtbioenergy.com.

We request you to kindly take the above on record.

Thanking you, Yours faithfully, For Trualt Bioenergy Limited

Deepak Kumar Gulati Company Secretary and Compliance Officer Membership No.: A27948

INVESTOR PRESENTATION

Q1 FY26

SAFE HARBOUR STATEMENT AND LEGAL DISCLAIMER

This investor presentation has been prepared by TruAlt Bioenergy and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute an offer. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein.

The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to the general business plans and strategy of TruAlt Bioenergy its future financial condition and growth prospects, future developments in its industry and its competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, ‘horizons of growth’, ‘strong growth prospects’, etc., or similar expressions or variations of such expressions. These forward-looking statements involve several risks, uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-looking statements.

TruAlt Bioenergy may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. This presentation cannot be copied and disseminated in any manner.

I N V E S T O R P R E S E N T A T I O N • F Y 2 0 2 4 - 2 5

EXECUTIVE SUMMARY

ABOUT TRUALT BIOENERGY LIMITED

We are one of India’s largest biofuels producers, strategically positioned as a diversified and forward-looking player in the country’s rapidly evolving biofuels industry with a strong leadership presence in the ethanol segment.

As of March 31, 2025, we hold the distinction of being India’s largest ethanol producer based on installed capacity, with a total capacity of 2,000 kilo litres per day (KLPD) and an operational capacity of 1,800 KLPD, representing approximately 3.6% of the country’s total ethanol production capacity (Source: CRISIL Report).

As of March 31, 2025, we have established Unit 5 with an installed capacity of 200 KLPD. This unit is not currently included in our operational capacity as the environmental clearance (EC) is awaited.

During Q1 FY26, the Company has been in a phase of transition. Out of the total 2,000 KLPD installed capacity, 1,300 KLPD of our mono-feed (sugarcane juice/sugar syrup/molasses) capacity is being converted to dual-feed, enabling ethanol production from both sugar-based and grain-based feedstocks, including damaged grains unfit for human consumption.

Progressively, we intend to ramp up our operational capacity from 1,800 KLPD as of March 31, 2025, to the full installed capacity of 2,000 KLPD. In addition to ethanol, we also produce extra neutral alcohol (“ENA”), which serves as the primary raw material for the manufacture of alcoholic beverages. Our product portfolio further

includes dry ice and liquid carbon dioxide (“CO2”), which are by- products of the ethanol production process.

Through our subsidiary Leafiniti Bioenergy, we are among the first producers of Compressed Biogas (CBG) under the Government’s SATAT initiative and are developing multiple CBG plants through various strategic partnerships including a share subscription cum shareholders’ agreement with Gas Authority of India Limited (GAIL), a Memorandum of Understanding (MOU) with Sumitomo Corporation Asia & Oceania Pte. Ltd. and a MOU with a globally recognized Japanese trading and investment company and a Japanese gas company.

We are also expanding into Second-Generation (2G) Ethanol and Sustainable Aviation Fuel (SAF). Our planned SAF facility will produce up to 10 crore litres of SAF annually, which is intended to place us as one of the world’s largest producers of SAF from Ethanol.

TruAlt has also received approval from the Ministry of Petroleum & Natural Gas (MoPNG) to market motor spirit and diesel, with five operational biofuel retail stations and plans for 100 outlets across India.

INVESTOR PRESENTATION • Q1FY2025-26CONTENTS

Corporate Portrait

Ethanol Segment

Our Offerings

Committed to India’s Energy Future

Management Commentary

CBG Segment

Consolidated Financial Performance

Standalone Financial Performance

Impressive Market Debut

Business Highlights

INVESTOR PRESENTATION • Q1FY2025-26CORPORATE PORTRAIT

We are one of India’s leading biofuel producers and India’s largest ethanol manufacturer.

As a young company, since commencing operations in 2023, we have steadfastly pursued our objectives of nurturing a circular economy, supporting sustainable agriculture, empowering local communities and realising India’s green mobility and clean energy targets. Our strategic positioning and diversified portfolio are closely aligned with the government’s sustainable growth policies—paving the way for a greener India.

Purpose TruAlt Bioenergy (formerly know as TruAlt Energy Limited) is one of India’s Largest Biofuels Company, dedicated to crafting sustainable energy solutions. Our primary focus lies in producing biofuels such as 1G ethanol, Compressed Biogas (CBG), Fermented Organic Manure (FOM). In the near future we intend to venture into the prof of Second Generation (2G) ethanol, Sustainable Aviation Fuel (SAF), Biofuels Dispensing Stations and Green Hydrogen.

We aim to foster a circular economy, empower agriculture, strengthen local communities, address environmental issues and make sustainability and green mobility a tangible reality.

Vision

Mission

We aspire to lead the Global Energy Transformation Story through innovation, cutting- edge technological progress, and creating wealth from waste.

We are on a mission to spearhead the global transition to a sustainable, cyclical, and self-reliant economy, significantly contributing to achieving net-zero emissions. We aim to drive the adoption of cleaner energy sources, enhance energy security, and create an era where sustainability biofuel is the norm.

INVESTOR PRESENTATION • Q1FY2025-26CORPORATE PORTRAIT CONTD...

OUR OFFERINGS

Current Product Portfolio

1G ETHANOL

COMPRESSED BIOGAS

EXTRA NEUTRAL ALCOHOL

CO2

FERMENTED ORGANIC MANURE

BIOFUEL DISPENSING STATIONS

Proposed Product Portfolio

• 2G Ethanol

• Mevalonolactone/Mevalonic Acid

• Sustainable Aviation Fuel

• Future Fuels & High Value

By-products

INVESTOR PRESENTATION • Q1FY2025-26MANAGING DIRECTOR’S MESSAGE

Commenting on the performance for Q1FY26, Mr. Vijay Nirani Managing Director of TruAlt Bioenergy Limited, said:

I am pleased to share the first quarter results as a public company. Q1 has been a period of strategic and forward investment for TruAlt Bioenergy.

While capacity utilisation may appear modest this quarter, our focus remained firmly on advancing the capital expenditure programme, particularly the integration of grain-based dual-feed capabilities at Units I, II and V at Mudhol, Hippargi–Maigur, Taluk Jamkhandi, and Muttalgeri, Taluk Badami, Bagalkot District, Karnataka.

This infusion represents a significant milestone in achieving dual feed / fully flexible feedstock operations across all quarters, enabling seamless processing of both sugarcane-based and grain feedstocks unfit for human consumption throughout the year. As these units are commissioned, operational days are expected to increase from around 140 to nearly 330 annually, ensuring near-continuous operations and improved efficiency.

Given the flammable nature of ethanol, the two plants underwent temporary shutdowns during the quarter to facilitate the installation and commissioning of the dual-feed integration machinery, a conscious choice prioritising long-term efficiency over short-term output. These were planned, safety-led pauses, aligned with our commissioning schedule and part of our roadmap to achieving rated capacity over over all the 4 quarters and build optimal capacity utilisation once the dual-feed units become fully operational.

from Oil Despite having supply allocations Marketing Companies (OMCs) in hand and access to adequate raw material supplies at stable procurement levels, the quarter reflected the natural transition of an expansion phase. The temporary moderation in production, therefore, represents a strategic pause and investment in transformation that will soon de-risk single- feedstock dependency, deliver greater operational resilience, enhanced productivity and improved margins.

Q1 has begun to reflect an encouraging upward momentum, with revenue growing by 54% and profit after tax (PAT) by 122%. The transition from mono-feed to dual-feed operations represents a key milestone, enhancing our feedstock flexibility and operational efficiency and positioning us for sustained, scalable growth in the coming quarters. In essence, Q1 was an investment-heavy, laying a strong transformation-driven quarter foundation for operational resilience, feedstock flexibility and future-ready growth. As these new capacities come throughput, TruAlt Bioenergy is well-positioned to deliver stronger volumes, better margins and greater stakeholder value in the coming quarters.

Favourable and well-distributed monsoon rains across Maharashtra and Karnataka have fostered

excellent sugarcane growth and strong field conditions. Higher reservoir levels and continued rainfall projections signal a promising season ahead, while Uttar Pradesh and Tamil Nadu are also reporting improved yields and recovery rates. The anticipated La Niña phase later in 2025 is expected to further enhance rainfall, strengthening prospects for a larger and more resilient sugarcane crop across India. The grain scenario too remains stable, supported by healthy kharif sowing and improved crop prospects following widespread monsoon rains, supporting continuity in dual-feed ethanol operations through the year.

With these investments, TruAlt Bioenergy continues to reinforce its role as a national contributor to India’s clean energy transition, building the capacity and systems to drive energy security, rural empowerment, and carbon reduction at scale.

As we begin this new chapter as a listed entity, we remain guided by our founding ethos from rural roots to greener routes and steadfast in our commitment to creating enduring value for our shareholders, partners and the communities we serve.

Vijay Nirani Managing Director, TruAlt Bioenergy Limited

INVESTOR PRESENTATION • Q1FY2025-26Q1 FY 2025-26 HIGHLIGHTS: EBIDTA INCREASED BY 206%

327 crore

J Total Income Growth by 54%

J 41.54crore EBIDTA Growth by 206%

J 0.67crore EPS Growth by 122%

J 4.73crore PAT Growth by 122%

J 13.67crore EBIDTA Margin Growth by 99%

INVESTOR PRESENTATION • Q1FY2025-26CONSOLIDATED FINANCIAL PERFORMANCE

TOTAL INCOME (Rs. Cr.)

REVENUE FROM OPERATIONS

(Rs. Cr.)

1968.53

1907.72

EPS (in Rs.)

15.81

20.94

920.68

54%

212.48

326.63

906.99

54%

197.40

303.89

122%

0.67

-3.04

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

PBT PBT %

(In Rs. Cr.)

(In %)

PBT

12.05%

110.9

159.44

8.10%

127%

1.78%

5.8

- 10.16%

PAT PAT %

(In Rs. Cr.)

(In %)

PAT %

12.13%

111.65

146.64

7.45%

122%

1.45%

4.73

-10.11%

EBITDA & EBITDA %

EBITDA (In Rs. Cr.) EBITDA % (In %)

16.95%

153.71

309.14

16.20%

13.67%

6.87%

99%

41.54

13.57

Q4 FY 25

-21.59

Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

-21.47 Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

The Company’s Ethanol business has historically been seasonal, in line with the harvesting of the surgarcane crop, with the period between April and October being the off season when there is little / no availability of raw material. Consequently, the quarterly results are not indicative of the annual performance. However, with the commissioning of grain-based capacities in the course of the current financial year, going forward, the business will no longer be seasonal.

INVESTOR PRESENTATION • Q1FY2025-26STANDALONE FINANCIAL PERFORMANCE

TOTAL INCOME (Rs. Cr.)

REVENUE FROM OPERATIONS

(Rs. Cr.)

EBITDA & EBITDA %

EBITDA (In Rs. Cr.) EBITDA % (In %)

1,940.71

1,880.12

297.19

912.92

53%

206.31

316.49

899.27

54%

191.40

293.93

16.78%

165%

15.81%

150.92

11.87%

4.47%

8.56

34.89

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

PBT PBT %

(In Rs. Cr.)

(In %)

PBT & PBT %

11.95%

109.14

152.15

7.84%

101%

0.04%

-12.34%

0.13

-25.46

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

PAT PAT %

(In Rs. Cr.)

(In %)

PAT & PAT %

12.07%

140.62

7.25%

100%

110.18

0.01%

-12.14%

0.03

(25.05)

Q4 FY 25

Q1 FY 25

Q1 FY 26

FY 24-25

1 0

INVESTOR PRESENTATION • Q1FY2025-26Q1FY26 CONSOLIDATED PERFORMANCE REVIEW – PROFIT AND LOSS

Particulars

June 30, 2025

March 31, 2025

June 30, 2024

March 31, 2025

(All amounts are in H lakhs, unless otherwise stated)

Quarter Ended

Year Ended

Growth

QoQ

Unaudited

Audited

Unaudited

Audited

Q1 FY26 vs Q1 FY25

30,389.17 2,274.15 32,663.32

21,974.94 1,119.73 3,778.88 2,069.02 3,140.80 32,083.37 579.95 107.43 - 107.43 472.52

90,698.87 1,368.96 92,067.83

59,767.85 1,172.12 3,899.50 1,751.03 14,387.55 80,978.05 11,089.78 (79.58) - (79.58) 11,169.36

19,739.93 1,508.07 21,248.00

14,117.30 829.17 3,460.36 1,563.29 3,436.96 23,407.08 (2,159.08) (7.71) - (7.71) (2,151.37)

1,90,772.40 6,080.38 1,96,852.78

1,27,162.06 3,985.76 14,361.10 6,689.37 28,710.21 1,80,908.50 15,944.28 1,280.43 - 1,280.43 14,663.85

54% 51% 54%

56% 35% 9% 32% -3% 44% 127% 1493%

1493% 122%

1 1

INVESTOR PRESENTATION • Q1FY2025-26Q1FY26 CONSOLIDATED PERFORMANCE REVIEW – PROFIT AND LOSS (CONTD.)

Particulars

June 30, 2025

March 31, 2025

June 30, 2024

March 31, 2025

(All amounts are in H lakhs, unless otherwise stated)

Quarter Ended

Year Ended

Growth

QoQ

Unaudited

Audited

Unaudited

Audited

Q1 FY26 vs Q1 FY25

Other Comprehensive Income / (Expense) Items that will not be reclassified to Statement of Profit and Loss - Remeasurement gain/(losses) on defined benefit plans (Net of Tax) Other Comprehensive Income / (Expense) for the period/year (Net of Tax) Total Comprehensive Income / (loss) for the period / year Net Profit attributable to the owners of the Company Other Comprehensive Income / (loss) (Net of Tax) attributable to the Owners of the Company Total Comprehensive Income / (loss) (Net of Tax) attributable to the owners of the Company Paid up Equity Share Capital (Face Value of Rs 10 each) Other Equity excluding Revaluation Reserves as at Earnings Per Equity Share (Face Value of Rs 10 each) (Not annualised for quarter) - Basic (Rs) - Diluted (Rs)

0.42 0.42 472.94 472.52 0.42

472.94

(4.70) (4.70) 11,164.66 11,169.36 (4.70)

4.08 4.08 (2,147.29) (2,151.37) 4.08

0.40 0.40 14,664.25 14,663.85 0.40

11,164.66

(2,147.29)

14,664.25

7,063.16

0.67 0.67

15.81 15.81

(3.04) (3.04)

7,063.16 69,836.74

20.94 20.94

90% 90% 122% 122% 90%

122%

122% 122

1 2

INVESTOR PRESENTATION • Q1FY2025-26Q1FY26 STANDALONE PERFORMANCE REVIEW – PROFIT AND LOSS

Particulars

June 30, 2025

March 31, 2025

June 30, 2024

March 31, 2025

(All amounts are in H lakhs, unless otherwise stated)

Quarter Ended

Year Ended

Growth

QoQ

Unaudited

Audited

Unaudited

Audited

Q1 FY26 vs Q1 FY25

Income (a) Revenue from Operations (b) Other Income Total Income Expenses (c) Cost of goods sold (d) Employee Benefit Expense (e) Finance Costs (f) Depreciation and Amortisation Expense (g) Other Expenses Total Expenses Profit / (loss) before Tax Tax Expense: - Current Tax - Deferred Tax Charge / (Credit) Profit / (loss) for the period / year Other Comprehensive Income / (Expense) Items that will not be reclassified to Statement of Profit and Loss - Remeasurement gain/(losses) on defined benefit plans (Net of Tax) Other Comprehensive Income / (Expense) for the period/year (Net of Tax) Total Comprehensive Income / (loss) for the period / year

29,393.47 2,255.88 31,649.35

21,894.47 1,054.90 3,725.40 2,006.47 2,954.92 31,636.16 13.19 10.62 - 10.62 2.57

0.42 0.42 2.99

89,927.45 1,364.87 91,292.32

59,608.05 1,104.05 3,845.92 1,697.37 14,123.33 80,378.72 10,913.60 (109.21) - (109.21) 11,022.81

(4.63) (4.63) 11,018.18

19,140.14 1,491.31 20,631.45

14,274.75 767.24 3,386.59 1,506.19 3,242.38 23,177.15 (2,545.70) (36.31) - (36.31) (2,509.39)

4.34 4.34 (2,505.05)

1,88,011.66 6,058.94 1,94,070.60

1,26,797.20 3,715.13 14,103.64 6,459.57 27,779.95 1,78,855.49 15,215.11 1,153.58 - 1,153.58 14,061.53

0.36 0.36 14,061.89

54% 51% 53%

53% 37% 10% 33% -9% 36% 101%

129% 100%

90% 90% 100%

1 3

INVESTOR PRESENTATION • Q1FY2025-26IMPRESSIVE MARKET DEBUT

Marking a significant milestone in its corporate journey, TruAlt Bioenergy Limited was successfully listed on the BSE Limited on October 03, 2025.

The Company’s shares were listed at a premium of approximately 10% on the exchange. Our H839.28 Crore IPO was a resounding success, attracting investors across all categories, with the issue oversubscribed by 75.02 times.

IPO DETAILS*

Listing Date

October 03, 2025

Issue Size

J 839.28 Crore

Issue Price Band

J 472 to J 496 per share

Listing Price

J 545.40

*Source – Data from BSE Limited

ISSUE SUBSCRIPTION DETAILS*

TruAlt Bioenergy Limited has informed the Exchange about Investor Presentation

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