Sanstar Limited · NSE:SANSTAR
Sanstar — Q1 FY2027 Earnings Presentation
15 slides from Sanstar's earnings presentation, Aug 18, 2026
Slide 1: Submission of Press Release cover letter
ar' Sanst Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, C)pp. Suvidha Shopping Centre, Paldi, Ahmedabad – 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400G J1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Date:
Slide 2: Sanstar Limited Q1 FY2027 Earnings Presentation
Sanstar Limited (BSE: 544217 | NSE: SANSTAR) Q1 FY2027 Earnings Presentation
Slide 3: Sanstar Investment Case
Sanstar Investment Case • India’s 2nd largest in maize based specialty products and ingredient solutions manufacturer with total installed capacity of 2,350 TPA Market Leadership in • India’s 2nd largest in maize based specialty products exporter, with exports contributing 34% of revenues, serving 3
Slide 4: Sanstar Business Overview
Sanstar Business Overview India’s #2 Maize Based Specialty Products Manufacturer – 2,350 TPD Capacity Native Starch Products Food / Personal Care Kutch, Gujarat Paper 350 TPD Pharma (Dhule 2) Wet Milling Process Industrial Modified Starch Products Industrial Dhule, Maharashtra (1) Yellow Dextrin Whi
Slide 5: Q1 FY2027 Key Financial Performance
Q1 FY2027 Key Financial Performance Revenue Gross Profit EBITDA* Q1 FY2027 Q1 FY2027 Q1 FY2027 Rs. 2,062 Mn Rs. 689 Mn Rs. 154 Mn +21.5% YoY 33.4% Margin 7.5% Margin FY2026 FY2026 FY2026 Rs. 7,846 Mn Rs. 2,362 Mn Rs. 377 Mn (17.7)% YoY 30.1% Margin 4.8% Margin * EBITDA excludes other income 4
Slide 6: Q1 FY2027 Results Commentary
Q1 FY2027 Results Commentary Commenting on the performance Mr. Gouthamchand Chowdhary, Chairman and Managing Director said: “The first quarter of FY2027 marked a period of improved operating performance for Sanstar, with normalized plant operations and higher production. Additionally, the Company al
Slide 7: Q1 FY2027 Financial Highlights
Q1 FY2027 Financial Highlights Rs. Million Revenues from Operations EBITDA* PAT 194 205 2,168 2,062 154 1,697 92 (9) (3) Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 EBITDA Margins PAT Margins 9.5% 8.9% 7.5% 4.5% (0.5)% (0.2)% Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY2
Slide 8: Manufacturing Platform
Manufacturing Platform 2 2nd Largest 2,350 TPD Dhule Plant is located in Manufacturing Facilities Capacity in India Installed Capacity proximity to Mumbai Agra National Highway 50,000 MT 10.68 Million 13,670 Sq Ft RM Storage at Dhule Sq Ft Total Land Area Storage Area at Kutch Kutch Dhule, Maharasht
Slide 9: Food / Personal Care and Pharma
Food / Personal Care and Pharma • Native Maize Starch: A cereal starch with low ash and protein content, derived from maize that contains around 71% starch. It is produced through a wet milling process involving steeping, grinding, purification, and drying. Its functional properties can vary with ch
Slide 10: Animal Nutrition
Animal Nutrition • Corn Gluten Meal 60%: Produced as a by-product of maize starch manufacturing, maize gluten meal contains 60–75% crude protein and is used as a rich source of protein, energy, and pigments for livestock and fish. It is also valued in pet food for its high digestibility and serves a
Slide 11: Application of Products Across End Use Industries
Application of Products Across End Use Industries Food Products Product Applications Ingredients Gravies Bakery Confectionery Ketchups Sauces Jams Toppings Thickening Agents Stabilizers Sweeteners Mayonnaise Pastas Soups Creams Deserts Syrups Processed Foods Emulsifiers Excipients Other Core Product
Slide 12: Exports: A Major Lever for the Next Phase of Growth
Exports: A Major Lever for the Next Phase of Growth 34% 201 1% 49% % Revenue from Exports 34 Countries across all Continents 12% 16% 22% 26% Exports Sales CAGR (FY21-FY26)* Rs. 2,657 million Exports Revenue FY26^ Growing Share Of North America and Europe in Asia Africa America Middle East Europe and
Slide 13: Board of Directors
Board of Directors Mr. Gouthamchand Chowdhary Mr. Sambhav Chowdhary Mr. Shreyans Chowdhary Mr. Aniket Talati Promoter and CMD Promoter and Jt. MD Promoter and Jt. MD Independent Director He Has served on the Board of Sanstar He has served on the Board of Sanstar With over 12 years on the Board, he h
Slide 14: Q1 FY2027 Income Statement
Q1 FY2027 Income Statement (Rs. Million) Q1 FY2027 Q1 FY2026 Y-o-Y (%) Q4 FY2026 Q-o-Q (%) Operating Revenue 2,062 1,697 21.5% 2,168 (4.9)% Other Income 28 32 32 Total Income 2,090 1,729 20.9% 2,200 (5.0)% COGS 1,373 1,285 1,423 Gross Profit 689 412 67.4% 745 (7.5)% Gross Profit Margin (%) 33.4% 24.
Slide 15: Disclaimer
Disclaimer This presentation contains “forward looking statements” including, Fagun Shah but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Sanstar Ltd. Company Secretary future business developments and economic performance. Whi