Godrej Agrovet Limited

rs,

Date: May 2, 2026 To, BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400 001 To, National Stock Exchange of India Limited Exchange Plaz

₹10,000

duties, litigation and labour relations. 2 I Godrej Agrovet ROBUST FY26 PERFORMANCE : SURPASSED ₹10,000 CR REVENUE WITH ALL TIME HIGH PROFITABILITY Revenue growth +9% PBT* Growth +17% Oil Palm Bu

9%

26 PERFORMANCE : SURPASSED ₹10,000 CR REVENUE WITH ALL TIME HIGH PROFITABILITY Revenue growth +9% PBT* Growth +17% Oil Palm Business EBIT growth 68% Animal Nutrition – Strong sustained volum

17%

RPASSED ₹10,000 CR REVENUE WITH ALL TIME HIGH PROFITABILITY Revenue growth +9% PBT* Growth +17% Oil Palm Business EBIT growth 68% Animal Nutrition – Strong sustained volume growth OER# impro

68%

TIME HIGH PROFITABILITY Revenue growth +9% PBT* Growth +17% Oil Palm Business EBIT growth 68% Animal Nutrition – Strong sustained volume growth OER# improved 70 bps FFB# growth 19% Cattle

70 bps

Palm Business EBIT growth 68% Animal Nutrition – Strong sustained volume growth OER# improved 70 bps FFB# growth 19% Cattle feed (MT) 18% y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin impro

19%

growth 68% Animal Nutrition – Strong sustained volume growth OER# improved 70 bps FFB# growth 19% Cattle feed (MT) 18% y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin improved by 400 bps y-

18%

trition – Strong sustained volume growth OER# improved 70 bps FFB# growth 19% Cattle feed (MT) 18% y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin improved by 400 bps y-o-y Branded salience >

20%

ined volume growth OER# improved 70 bps FFB# growth 19% Cattle feed (MT) 18% y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin improved by 400 bps y-o-y Branded salience > 80% Sharp reduction

400 bps

growth 19% Cattle feed (MT) 18% y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin improved by 400 bps y-o-y Branded salience > 80% Sharp reduction in losses y-o-y FY26 : Revenue 18%; EBITDA break-eve

80%

y-o-y EBIT growth 20% y-o-y Godrej Foods Gross margin improved by 400 bps y-o-y Branded salience > 80% Sharp reduction in losses y-o-y FY26 : Revenue 18%; EBITDA break-even Creamline Dairy and Crop C

9.1%

rted FY26 FY25 Y-o-Y Change FY26 FY25 Y-o-Y Change Revenue from operations 10,233 9,383 9.1% 10,233 9,383 9.1% Earnings before interest, tax and Depreciation (EBITDA) 936 845 10.8% 9

“▪ Q4 FY26 saw accelerated, broad-based volume growth of ~15% year-on-year across most categories, accompanied by significant margin expansion across the portfolio, with cattle feed volumes rising sharply by 24% year-on-year.”

“9 I Godrej Agrovet CROP CARE BUSINESS Crop care products catering to the entire crop lifecycles Particulars Q4 FY26 Q4 FY25 Y-o-Y Change FY26 Segment Revenue (Cr) Segment Result (Cr) 168 27 153 54 9.7% -49.3% 772 224 FY25 764 308 Y-o-Y Change 1.0% -27.2% Segment Margin (%) 16.2% 35.1% 29.1% 40.3% ▪ Crop Care performance in FY26 was impacted by adverse weather, sharp acreage declines in key crops, regulatory disruptions and channel inventory build-up, which affected volumes and margins.”

“▪ Q4 FY26 performance was largely impacted by reduced in-house product volumes in the co-marketing channel due to inventory build-up.”

“10 I Godrej Agrovet ASTEC LIFESCIENCES Manufactures a wide range of agrochemical active ingredients Particulars Q4 FY26 Q4 FY25 Y-o-Y Change Revenues (Cr) EBITDA (Cr) EBITDA Margin (%) 159 12 7.4% 120 6 5.3% 32.7% 86.7% FY26 448 1 0.1% FY25 Y-o-Y Change 381 -61 -15.9% 17.5% NM ▪ Astec LifeSciences delivered a strong turnaround in FY26, achieving EBITDA break-even with a sharp reduction in losses.”

“▪ Q4 FY26 segment revenue and EBITDA recorded strong year-on-year growth, led by higher volumes across Enterprise and CDMO businesses.”

“Enterprise margins improved further on the back of better realizations and lower input costs as compared to Q4 FY25.”

“▪ Q4 FY26 also saw ~5% year-on-year growth in segment revenue excluding sale of bulk products, signaling early traction from management-led growth initiatives, while margins were temporarily pressured by elevated procurement costs.”

“12 I Godrej Agrovet GODREJ FOODS LIMITED Particulars Q4 FY26 Q4 FY25 Y-o-Y Change FY26 FY25 Y-o-Y Change Revenues (Cr) EBITDA* (Cr) EBITDA Margin (%) 183 17 9.2% 179 9 5.0% 2.5% 90.8% 768 50 6.5% 826 50 6.0% -7.0% 0.6% * Excluding Non-recurring & exceptional items ▪ GFL has consciously reduced exposure to the volatile live-bird category, accelerating its strategic shift towards branded businesses.”

“This has led to an improvement in the quality of earnings, with branded revenue salience increasing to > 80% in FY26 and branded volumes growing ~ 9% year-on-year.”

“In Q4 FY26, EBITDA margins improved significantly primarily driven by margin expansion in Live Bird and Yummiez • categories due to improved realizations.”

Notes

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GAVL emissions

1

Notes

(1) As % of total consolidated segment revenues (2) As % of total consolidated segment profit before interest and taxes SEGMENT WISE PERFORMANCE UPDATE 7 I Godrej Agrovet ANIMAL NUTRITION Leading compound animal nutrition play across Cattle (Milk), Broiler, Layer, Fish and Shrimp feed in India Particulars Q4 FY26 Q4 FY25 Y-o-Y Change FY26 FY25 Y-o-Y Change Sales Volume (tons) 4,26,252 3,70,104 15.2% 16,46,545 14,75,144 Segment Revenue (Cr) Reported Segment Result (Cr) 1,270 132 Reported Segment Margin (%) 10.4% Underlying Segment Result (Cr) Underlying Segment Margin (%) 103# 8.1% 1,146 65 5.7% 65 5.7% 10.8% 101.2% 56.8% 4,941 347 7.0% 348# 7.0% 4,781 291 6.1% 291 6.1% 11.6% 3.4% 19.3% 19.6% ▪ FY26 revenue growth was predominantly volume-driven and ahead of industry growth, alongside meaningful margin expansion supported by favorable commodity trends and operational efficiencies. Volumes grew ~12% year-on-year, anchored by strong cattle feed growth of 18%. ▪ Q4 FY26 saw accelerated, br

GAVL emissions

1,10,313 tCO2e 1725 Farmers engaged FY26 Target: 1,500 16k 276 Students receiving training in modern agriculture techniques FY26 Target: 17K Women trained through Disha Programme (School of Sales) FY26 Target: 150 Women engaged with across all programmes – 24,411 achieved/ over plan underway lagging 18 I Godrej Agrovet *Water sequestration data and Carbon sequestration data based on estimates provided by partners and is unverified AMBITIOUS GLOBAL COMMITMENTS & AFFILIATIONS ▪ Member of the World Business Council for Sustainable Development ▪ Signatories to the Vision 2050 ambition roadmap ▪ Members of the Climate imperative pathway ▪ Signatories to the global EP100 framework created by the Climate Group, committed to doubling our energy productivity by 2030 ▪ Committed to the global Science Based Targets initiative (SBTi) to reduce our emissions in line with the global 1.50 and 20 reduction targets - one of the first companies in the Agri sector to do so in India ▪ Signatories and memb