GODREJAGRONSENovember 5, 2025

Godrej Agrovet Limited

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Key numbers — 40 extracted
rs,
Date: November 5, 2025 To, BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400001 To, National Stock Exchange of India Limited Exchange Plaza
78.6%
et ESG UPDATE 3 I Godrej Agrovet OUR ESG INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 78.6% GAVL’s Renewable energy portfolio^ 13x Water conservation^  Installed Solar rooftops at 20+ m
13x
G INITIATIVES CONTINUED TO GENERATE MEANINGFUL IMPACT 78.6% GAVL’s Renewable energy portfolio^ 13x Water conservation^  Installed Solar rooftops at 20+ manufacturing sites - Cumulative generati
14,000 MW
conservation^  Installed Solar rooftops at 20+ manufacturing sites - Cumulative generation of ~14,000 MWh in FY’25  Vegetable Oil business’ renewable energy portfolio ~98% of total energy usage - Fru
98%
lative generation of ~14,000 MWh in FY’25  Vegetable Oil business’ renewable energy portfolio ~98% of total energy usage - Fruit bunches residue as a boiler fuel  A water positive company; 14.79
14.79 million
~98% of total energy usage - Fruit bunches residue as a boiler fuel  A water positive company; 14.79 million m3 water sequestered against a consumption of 1.1 million m3#  6,331 Ha area (25 village) cover
1.1 million
ler fuel  A water positive company; 14.79 million m3 water sequestered against a consumption of 1.1 million m3#  6,331 Ha area (25 village) covered under watersheds “A-” Leadership band in Climate, Fore
10%
a area (25 village) covered under watersheds “A-” Leadership band in Climate, Forest & Water* -10% Scope 1 & 2 GHG emission reduction^  2nd consecutive year leadership rating for climate disclo
37.5%
sure reduction target aligned to WB2DS  GAVL scores ahead of the regional and global averages  37.5% scope 1+2 GHG emission reduction by FY’35 from baseline  1st Agri company in India to have appro
25%
ceived at least 2 social security scheme benefits in H1 FY26 Target: 4,000 13x* Water positive 25% carbon offset Water sequestered*: 14.79 M m3 GAVL water usage: 1.1 M m3 Carbon sequesteredˆ:
9.7%
ofit of Equity Accounted Investees PBT Margin (%) Profit after tax (PAT) PAT Margin (%) 503 9.7% 313 6.0% 233 4.5% Please refer to annexure for details of non-recurring items 9 I Godrej Agro
6.0%
uity Accounted Investees PBT Margin (%) Profit after tax (PAT) PAT Margin (%) 503 9.7% 313 6.0% 233 4.5% Please refer to annexure for details of non-recurring items 9 I Godrej Agrovet 471
Guidance — 8 items
Notes
opening
   Segment revenue and margins recorded stellar year-on-year growth in Q2 FY26, supported by higher average realisations of Crude Palm Oil (CPO) and Palm Kernel Oil (PKO).
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Fresh Fruit Bunch (FFB) arrivals remained robust, registering year-on-year growth of ~9% (H1 FY26 : growth of 24% y-o-y).
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14 I Godrej Agrovet CROP PROTECTION BUSINESS Agrochemical products catering to the entire crop lifecycles Particulars Q2 FY26 Q2 FY25 Y-o-Y Change H1 FY26 H1 FY25 Y-o-Y Change Segment Revenue (Cr) Segment Result (Cr) 139 32 198 85 -30% -62% 468 171 512 227 -9% -25% Segment Margin (%) 23.3% 43.1% 36.5% 44.4%   Segment revenue declined by approximately 30% in Q2 FY26, primarily due to persistent and widespread rainfall across key markets, lower crop acreages and disrupted field operations.
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15 I Godrej Agrovet ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q2 FY26 Q2 FY25 Y-o-Y Change H1 FY26 H1 FY25 Y-o-Y Change Revenues (Cr) EBITDA (Cr) 74 -6 99 -18 -25.2% NM EBITDA Margin (%) -7.6% -18.0% 165 -16 -9.7% 168 -63 -37.6% -1.9% NM   The Enterprise category delivered a robust 15% year-on-year growth, highlighting strong demand and execution.
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16 I Godrej Agrovet CREAMLINE DAIRY Private dairy player in Southern India with a wide range of product portfolio Particulars Q2 FY26 Q2 FY25 Y-o-Y Change H1 FY26 H1 FY25 Y-o-Y Change Revenues (Cr) EBITDA*(Cr) EBITDA Margin (%) 393 18 4.6% 403 18 4.4% -2% 4% 810 33 4.5% 831 45 5.4% -3% -28% *Excludes profit on sale of Land of ₹4 cr in H1 FY26    Segment Revenue and EBITDA remained broadly stable year-on-year in Q2 FY26.
Notes
opening
VAP posted ~10% growth & VAP contribution to total sales rose to ~36% in Q2 FY26 from ~32% in Q2 FY25, reflecting continued portfolio premiumization.
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17 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Q2 FY26 Q2 FY25 Y-o-Y Change H1 FY26 H1 FY25 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 183 7 3.7% 197 5 2.7% -7% 28% 370 16 4.3% 431 29 6.8% -14% -46%  Branded segment continued to strengthen its position, with revenue growing ~3% year-on-year and Yummiez delivering a robust 19% growth.
Notes
opening
Branded salience rose to ~86% in Q2 FY26 from ~77% in Q2 FY25, reinforcing the strategic shift toward value-added products.
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Risks & concerns — 2 flagged
Underlying segment increased utilization of vendor result/performance excludes the impact of abovementioned.
Notes
Overall segment revenue declined by approximately 25% year-on-year, primarily due to a cautious approach by customers in Contract Manufacturing.
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Speaking time
GAVL water usage
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Opening remarks
GAVL water usage
1.1 M m3 Carbon sequesteredˆ: 14,875 tCO2e GAVL emissionsˆ: 58,342 tCO2e 774 Farmers engaged FY26 Target: 1,500 EDUCATION 17K 200 Students receiving training in modern agriculture techniques FY26 Target: 17K Students receiving dance and music training FY26 Target: 200 6 I Godrej Agrovet CII CLIMATE ACTION PROGRAM (CAP 2.0) – “ORIENTED” CATEGORY • A national program to recognize climate actions taken by industries • Assessment conducted by CII certified independent assessor team • Recognized with “Oriented” - 2nd highest in award category STRENGTHS IMPROVEMENT OPPORTUNITY • GHG emission reduction target commitment & initiatives • Management approach • Transparency & Accountability • Incorporation of climate risk into ERM framework • Transparent disclosure of climate risk assessment process, methodology, adoption strategy 7 I Godrej Agrovet PERFORMANCE HIGHLIGHTS 8 I Godrej Agrovet CONSOLIDATED FINANCIALS – H1 FY26 ₹ Crore As reported Excluding non-recurring items H1 FY26 H1 FY25 Y-o-Y C
Notes
(1) As % of total consolidated segment revenues (2) As % of total consolidated segment profit before interest and taxes SEGMENT-WISE PERFORMANCE UPDATE 12 I Godrej Agrovet ANIMAL FEED Leading compound feed play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Q2 FY26 4,00,094 Q2 FY25 3,61,594 Particulars Sales Volume (MT) Segment Revenue (Cr) Reported Segment Result (Cr) Reported Segment Margin (%) Underlying Segment Result (Cr) 1,217 70 5.8% 80 Underlying Segment Margin (%) 6.6% Y-o-Y Change 11% 1% 0% 14% H1 FY26 7,75,233 H1 FY25 7,07,542 2,373 135 5.7% 156 6.6% 2,361 149 6.3% 149 6.3% Y-o-Y Change 10% 1% -9% 5% 1,205 71 5.9% 71 5.9%     Animal Feed segment delivered record quarterly volumes, driven by sustained market share gains in the cattle feed category. Cattle feed volumes grew by +18% y-o-y, contributing significantly to the overall volume expansion. Segment revenue remained flat, as strong volume growth was offset by lower average realizations due to sof
Email
amit.pendse@godrejagrovet.com gavlinvestors@godrejagrovet.com 23 I Godrej Agrovet THANK YOU FOR YOUR TIME AND CONSIDERATION 24 I Godrej Agrovet
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