Gujarat Narmada Valley Fertilizers and Chemicals Limited

rs,

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

₹872

Subsidy whereby company’s product – Ammonium Nitro Phosphate has witnessed revision in subsidy by ~₹872/PMT. It is expected to augur well.  Revision for energy is yet to be announced and fixed costs of

₹2,800 crore

trate Melt the total capex commitment other than maintenance capex and energy improvement capex is ~₹2,800 crores  From Q-2, Strategic management consultant has started working on Phase-II for helping realise

Rs. 872

ounced revised rates under Nutrient Based Subsidy for Rabi season which has improved the subsidy by Rs. 872 / MT which should augur well in being competitive as well as meet higher input costs. In case of TD

rs 24

ntation I Q2 FY 25-26 5 of 16 Financial Performance FY 25-26 FY FY FY (₹ Crores) Particulars 24-25 25-26 24-25 There was annual planned maintenance Q2 Q1 Q2 H1 Operating Revenue 1,968 1

rs 2,000

Q2 24-25 Q2 25-26 Q1 25-26 Q2 24-25 Fertilizers Chemicals Others Fertilizers Chemicals Others 2,000 1,500 1,000 500 - Q-2 Vs Q-1: Fertilizer segment loss decreased mainly due to decrease in fi

rs 4,000

H1 25-26 H1 24-25 H1 25-26 H1 24-25 Fertilizers Chemicals Others Fertilizers Chemicals Others 4,000 3,000 2,000 1,000 - H-1 Vs H-1: Fertilizer segment loss increased mainly due to higher fixed

4%

08 2,916 10,734 10,880 8 233 486 1,489 8,518 10,734 99 248 516 1,565 8,452 10,880 (4%) 97% 3% (64%) 35% (1%) (92%) (6%) (6%) (5%) 1% (1%) * Includes Property, plant & equipm

97%

,916 10,734 10,880 8 233 486 1,489 8,518 10,734 99 248 516 1,565 8,452 10,880 (4%) 97% 3% (64%) 35% (1%) (92%) (6%) (6%) (5%) 1% (1%) * Includes Property, plant & equipment, I

3%

10,734 10,880 8 233 486 1,489 8,518 10,734 99 248 516 1,565 8,452 10,880 (4%) 97% 3% (64%) 35% (1%) (92%) (6%) (6%) (5%) 1% (1%) * Includes Property, plant & equipment, Intan

64%

34 10,880 8 233 486 1,489 8,518 10,734 99 248 516 1,565 8,452 10,880 (4%) 97% 3% (64%) 35% (1%) (92%) (6%) (6%) (5%) 1% (1%) * Includes Property, plant & equipment, Intangible

35%

,880 8 233 486 1,489 8,518 10,734 99 248 516 1,565 8,452 10,880 (4%) 97% 3% (64%) 35% (1%) (92%) (6%) (6%) (5%) 1% (1%) * Includes Property, plant & equipment, Intangible assets

“• CWIP represents mainly coal based steam & power plant, WNA-III plant, Coal conveyor belt project under construction and urea reactor under replacement.”

Fertilizers

1

Chemicals

1

General

1

UNDER EXECUTION

1

UNDER CONSIDERATION

1

Investor relation cell at

1

Fertilizers

 GoI has announced revised rates effective 01st October for Rabi season under Nutrient Based Subsidy whereby company’s product – Ammonium Nitro Phosphate has witnessed revision in subsidy by ~₹872/PMT. It is expected to augur well.  Revision for energy is yet to be announced and fixed costs of urea are yet to be announced as it is under consideration by GoI.

Chemicals

 Net chemical volumes have increased due to TDI Dahej volumes   Input costs witnessed moderation during the Q-2 which helped improve profitability In case of TDI, the period of anti-dumping duties has been extended from 01-12-25 to 01-03-26  Board has approved during its meeting held on 12-11-25 brownfield expansion of Ammonium Nitrate Melt of 163 KTPA which is expected to coincide with WNA-III commissioning.

General

 Projects are on track except some delay in case of Captive Power Plant at Dahej which is expected to commission by Feb-26  H1 figures and Q2 Vs. Q1 figures are not comparable due to annual turn around during FY 25-26  With Ammonium Nitrate Melt the total capex commitment other than maintenance capex and energy improvement capex is ~₹2,800 crores  From Q-2, Strategic management consultant has started working on Phase-II for helping realise the way forward GNFC I Investor Presentation I Q2 FY 25-26 4 of 16 From The Desk of Managing Director Commenting on the results, Dr. T. Natarajan, Managing Director stated that it gives me pleasure in sharing encouraging results for Q 2 FY 25-26. Dr. T. Natarajan Managing Director While due to annual turnaround during Q-1 FY 25-26, the numbers are not comparable for Q-o-Q, the Y-o-Y Q-2 performance has significantly improved mainly due to better sales volumes and reduction in input costs. The change in other comprehensive income is attributable t

UNDER EXECUTION

Financial Year Wise Current Schedule Capacity 25-26 26-27 27-28 28-29 1. Coal Based Steam & Power Plant (CCPP) – Dahej 150 MT/Hr Steam & 18 MW Power 2. Ammonia Expansion – Bharuch 3. Weak Nitric Acid –III – Bharuch 4. Ammonium Nitrate -II –Bharuch

UNDER CONSIDERATION

1. BisPhenol-A (BPA) – Dahej 2. Polyols – Dahej 50 KTPA 200 KTPA 163 KTPA 150 KTPA 100 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, BPA & Polyols: Will strengthen Company’s market share. GNFC I Investor Presentation I Q1 FY 23-24 GNFC I Investor Presentation I Q2 FY 25-26 13 of 15 15 of 16 Cautionary Note - Forward Looking Statement