Awl Agri Business Ltd · NSE:AWL
Awl Agri Business — Q4 FY2026 Earnings Presentation
39 slides from Awl Agri Business's earnings presentation, Apr 28, 2026
Slide 1: Stock exchange filing cover letter
AVVL Agri business Ref No: AWL/SECT/2026-27/07 April 28, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 543458 Scrip Code: AWL Dear Sir / Madam, Sub: Investo
Slide 2: Investor Presentation: Q4'26
A L Agribusiness Investor Presentation: Q4’26 Wednesday Apr 29, 2026
Slide 3: Safe Harbour Statement
Safe Harbour Statement This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar
Slide 4: Macro Context Q4'26
Macro Context Q4’26 │ 3 rtune· edibleollscndfoods
Slide 5: Operating Macro Context
Operating Macro Context Availability of Vessels & Higher Freight Edible Oil Prices Firm Up in Q4’26 Tight Inventory Levels Costs ▪ With surge in Brent Crude prices amid Iran ▪ Supply chain tightness due to vessel availability ▪ Supply tightness impacted inventories during the conflict, edible oil co
Slide 6: Edible Oil: Average Monthly Price Trend
Edible Oil: Average Monthly Price Trend Prices of all 3 oils have increased by 7-10% on QoQ basis Palm Soya ...... Sun USD per MT 1,500 T T I I I I I I I I I I 1,431 I I I I I I I I I I I I I I I I I I 1,400 t T -1- .L t I I I I I I I 1,337 I I I I I I I I I I I I I I I I I 1,293 I 1,286 I I 1,300 1
Slide 7: Performance Q4'26
Performance Q4’26 │ 6 rtune· edibleollscndfoods
Slide 8: Result Snapshot: Q4'26 Consolidated Financials
Result Snapshot: Q4’26 Consolidated Financials Volume Revenue Topline 1.9 Million MT ₹ 21,465 Crore +14% YoY Growth +18% YoY Growth Operational EBITDA PAT Absolute Margins ₹ 628 Crore ₹ 293 Crore 40% YoY 54% YoY Gross Profit per Ton EBITDA per Ton Per MT Margins ₹ 12,415 per MT ₹ 3,333 per MT 19% Yo
Slide 9: Result Snapshot: FY26 Consolidated Financials
Result Snapshot: FY26 Consolidated Financials Volume Revenue Topline 6.8 Million MT ₹ 74,731 Crore +4% YoY Growth +17% YoY Growth Operational EBITDA PAT Absolute Margins ₹ 2,343 Crore ₹ 1,045 Crore -6% YoY -15% YoY Gross Profit per Ton EBITDA per Ton Per MT Margins ₹ 11,737 per MT ₹ 3,422 per MT 3%
Slide 10: Result Snapshot: Q4'26 – Operational Metrics
Result Snapshot: Q4’26 – Operational Metrics Standalone Financials Fortune brand: Oil & Foods Kohinoor brand Kings: Oil & Foods Ghor ko khono when cooked tastes best with Fortune Growth across key brands 11% YoY 39% YoY 18% YoY Volume Growth Volume Growth Volume Growth 43% YoY 64% YoY 48% YoY Growth
Slide 11: AWL - P&L Highlights: Q4 & FY26 (Standalone)
Standalone Financials AWL - P&L Highlights: Q4 & FY26 INR Cr. Q4'26 Q3'26 Q4'25 QoQ % YoY % FY26 FY25 YoY % Volume (MMT) 1.8 1.6 1.6 12% 14% 6.7 6.4 4% Revenue 20,582 17,854 17,487 15% 18% 72,308 61,677 17% Gross Profit* 2,191 1,871 1,612 17% 36% 7,485 7,221 4% EBITDA (incl. OI) 638 644 462 -1% 38%
Slide 12: AWL - P&L Highlights: Q4 & FY26 (Consolidated)
AWL - P&L Highlights: Q4 & FY26 Consolidated Financials INR Cr. Q4'26 Q3'26 Q4'25 QoQ % YoY % FY26 FY25 YoY % Volume (MMT) 1.9 1.7 1.7 12% 14% 6.8 6.6 4% Revenue 21,465 18,603 18,230 15% 18% 74,731 63,672 17% Gross Profit* 2,340 2,018 1,724 16% 36% 8,036 7,479 7% EBITDA (incl. OI) 682 685 510 0% 34%
Slide 13: Business Updates
Business Updates │ 12 rtune· edibleollscndfoods
Slide 14: Company Highlights: Q4'26 (1/3)
Company Highlights: Q4’26 (1/3) Consolidated figures Reported Category – Volume Mix Segment Volume (Mn MT) YoY % Revenue (INR Cr.) YoY % PBT YoY % Edible Oil 1.22 17% 17,520 19% 357 94% Industry Essential, 18% Edible Oil, 65% Food & FMCG 0.32 6% 1,731 18% 35 6% Industry Essentials 0.34 13% 2.214 11%
Slide 15: Company Highlights: FY26 (2/3)
Company Highlights: FY26 (2/3) Consolidated figures Reported Category – Volume Mix Segment Volume (Mn MT) YoY % Revenue (INR Cr.) YoY % PBT YoY % Edible Oil 4.26 6% 59,787 20% 1,063 -32% Industry Edible Oil, 62% Essential, 20% Food & FMCG 1.24 -4% 6,473 3% 212 1470% Industry Essentials 1.35 8% 8,470
Slide 16: Company Highlights: Q4 FY'26 (3/3)
Company Highlights: Q4 FY’26 (3/3) The joy of Sonktonti ,. begins with effo,tless cooking AWL Agri business rtune Premium Shotbatl Atta 100% pu,e with great taste ▪ Alternate channels delivered strong growth, with annual revenues crossing INR 5,200+ crores o Alternate channel (E-Com, Q-Com, Modern T
Slide 17: Edible Oil Highlights: Q4 & FY26
Edible Oil Highlights: Q4 & FY26 .. l .. :<a: ▪ Strong volume growth in Q4’26 llish e, matamati, Fortune e, o Edible Oil segment delivered a strong performance during the quarter, with growth of sathe fatafati. 17% YoY o Revenue of INR 17,520 crores in Q4, up 19% YoY on the back of higher prices o B
Slide 18: Food & FMCG Highlights: Q4 & FY26
Food & FMCG Highlights: Q4 & FY26 Segment Performance: Q4 & FY26 Reported FY26 vs FY25: Excluding G2G Rice Business Q4’ 26 YoY% FY26 YoY % Figure YoY % Volume (Mn MT) 0.32 6% 1.24 -4% Volume (Mn MT) 1.24 3% Revenue (INR Cr) 1,731 18% 6,473 3% Revenue (INR Cr) 6,473 9% PBT (INR Cr) 35 6% 212 1470% ▪
Slide 19: Industry essentials: Q4 & FY26
Industry essentials: Q4 & FY26 Segment Performance: Q4 & FY26 Q4’ 26 YoY% FY26 YoY % Volume (Mn MT) 0.34 13% 1.35 8% Revenue (INR Cr) 2,214 11% 8,470 11% PBT (INR Cr) 49 -34% 352 47% Q4’26 volume increased by 13% YoY • Segment recorded growth of 13% YoY in volumes and 11% YoY in revenues in Q4’26 •
Slide 20: GD Foods: Sauces & Condiments business – Q4 & FY26
GD Foods: Sauces & Condiments business – Q4 & FY26 Q4 & FY26 Performance Q4’ 26 FY26 Volume Growth YoY % 24% 15% Revenue Growth YoY % 21% 12% Material Margin % 55% 54% Q4’26: ▪ GD Foods delivered 24% volume and 21% value growth in Q4 FY'26, led by GT channel (+25% vol) and alternate channels (+20% v
Slide 21: GD Foods: Building Brand Reach at Scale
GD Foods: Building Brand Reach at Scale Click to view Total Views: 141+ Millions AWL │ 20 Agribusiness
Slide 22: Business Updates
Business Updates │ 21 rtune· edibleollscndfoods
Slide 23: General Trade Distribution: Direct Reach to Outlets & Towns
General Trade Distribution: Direct Reach to Outlets & Towns Total Reach of AWL Direct Reach Rural Coverage (As per Nielsen) > 26 Lac Outlets > 9.65 Lac+ Outlets 63,000+ rural towns Direct Reach: Outlets (in Lacs) Rural Town Coverage I I I I I ;C) 9.5 I 9.7 63,000 8.9 60,000 8.6 8.7 I I 58,000 8.2 I
Slide 24: Alternate Channel: E-com, Q-comm, MT – Q4'26
Alternate Channel: E-com, Q-comm, MT – Q4’26 Volume Share of Q-comm Volume Growth YoY % Revenue Growth YoY % (within Alternate Channel) . . .:: .:: .:: .:~ ~ . 43% .:: . ... 51% . . . 32% ..: ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• ~ ••••••••••••••••••••••
Slide 25: Alternate Channel: Q-comm – Q4'26
Alternate Channel: Q-comm – Q4’26 Volume Growth YoY % Revenue Growth YoY % 46% ·. 53% . ~ / ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
Slide 26: New Product Development
New Product Development New Product Launches: Q4 ’26 SKU Size: 500 ml, 1 litre Spanish • ················· Origin Zero . ...... .. Cholesterol Balanced. & High MUFA Mild Flavour \ Consumer price: ₹1,017* Consumer price: ₹1,053* J Consumer price: ₹199* We have launched a new range of Fortune Premio a
Slide 27: Gradually building health & convenience focused food portfolio
Gradually building health & convenience focused food portfolio New Product Launch: Q4’26 Health & Convenience focused products Fortune Premio Oil Range Soya Nuggets Biryani Kit Kohinoor Brown Rice Premium Cold-pressed Mustard oil Spanish Origin • Zero • COOlesterol Bak:inced, MikjFk:ivolK • 6 Hi~MUF
Slide 28: Annexure
Annexure │ 27 rtune· edibleollscndfoods
Slide 29: Reconciliation of Normalized Gross Profit and EBITDA
Reconciliation of Normalized Gross Profit and EBITDA Consolidated figures I Since Q4’24 results, there has been a reclassification of Derivative gain / loss I Earlier Classification Revised Classification Derivative gain / loss were classified under Derivative gain / loss is now classified under “Co
Slide 30: Quarterly: AWL – Gross Profit / EBITDA Trend
Quarterly: AWL – Gross Profit / EBITDA Trend Consolidated Financials in INR Crores Quarterly – Gross Profit Trend Quarterly – EBITDA Trend 2,149 2,340 ,--------- I --------, I I 2,018 I I 1,920 I I 1,799 1,807 792 I I 1,724 1,757 1,223 1,653 1,563 I Impact of Hedge Dis- alignment J 626 615 I I I I 5
Slide 31: Edible Oil: Delivering healthy volume growth along with strong cashflows
Edible Oil: Delivering healthy volume growth along with strong cashflows Consolidated figures Edible Oil: Growth % (Consolidated) in Million MT in Million MT Quarterly Volume Trend Annual Volume Trend 9%CAGR 7%CAGR ► 4.02 4.26 1.22 3.67 0.98 1.04 3.25 3.36 0.88 0.88 +cl I c:;, ~ ~-i;;cllcl>T" _____.
Slide 32: Food & FMCG: Growing rapidly
Food & FMCG: Growing rapidly Consolidated figures Quarterly Topline Growth % (Consolidated) Annual Topline Growth % (Consolidated) Volume (Mn MT) Revenue (INR Cr) Volume (Mn MT) Revenue (INR Cr) 230/oeJ>..GR 1,731 1,341 1,464 1.30 1.24 6,273 6,473 0.3 0.32 1,159 1.03 4,994 I II I 0.28 •I III 0.26 0.
Slide 33: Segment Results: Q4 & FY26 - Consolidated
Segment Results: Q4 & FY26 - Consolidated All figures in INR Crores Segment Volumes in MMT Q4'26 Q3'26 Q4'25 QoQ % YoY % FY26 FY25 YoY % Edible Oil 1.22 1.06 1.04 15% 17% 4.26 4.02 6% E============t=====+=====i====l====E===~~--+---------+--__J Food & FMCG Industry Essentials 0.32 0.34 0.32 0.30 0.30
Slide 34: Segment-wise Profitability: Standalone
Segment-wise Profitability: Standalone All figures in INR Crores Quarter Annual INR in Crores Q4'26 Q4'25 FY26 FY25 FY24 FY23 FY22 Segment EBITDA (Excluding Other Income ) Edible Oil 553 330 1,810 2,358 1,078 1,356 1,532 Food & FMCG 50 46 270 66 172 98 4 Industry Essentials 57 107 401 324 140 389 41
Slide 35: Segment ROCE: FY26
Segment ROCE: FY26 Standalone Figures Segment ROCE: FY26 Edible Oil Food & FMCG Industry Essentials Unallocable Total Rev / Capital Employed - A 7.3x 2.1x 3.7x n.a. 5.0x - Food business is in EBIT % - B 2.7% 3.4% =:> 4.2% n.a. 2.5% investment phase ROCE % [A x B] CJ 20% 7% CJ 16% n.a. CJ 13% EBIT 1,
Slide 36: Segment ROCE & Capital Employed: 5 Year trend
Standalone Figures Segment ROCE & Capital Employed: 5 Year trend ROCE % Capital Employed INR Crores FY22 FY23 FY24 FY25 FY26 INR Crores FY22 FY23 FY24 FY25 FY26 Edible oil ` Edible oil 9,225 8,541 6,647 9,050 7,926 I 14% 13% 13% 23% 20% I Food & FMCG -2% 4% 5% 1% 7% Food & FMCG I 886 1,684 ` 2,867 2
Slide 37: Segment Volumes & Revenues: Quarterly Trend
Segment Volumes & Revenues: Quarterly Trend Volume (Consol) in Million MT Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Edible Oil 0.89 0.85 0.94 0.98 1.00 1.00 0.98 1.04 0.96 1.02 1.06 1.22 Food & FMCG 0.23 0.26 0.26 0.28 0.33 0.35 0.31 0.30 0.26 0.32 0.30 0.32 Industry Es
Slide 38: Legal Disclaimer
Legal Disclaimer The information contained in this presentation is provided by AWL Agri Business Limited (together with its subsidiaries, the “Company” or “AWL”) to you solely for your reference and for information purposes only. This presentation is highly confidential and is being given solely for
Slide 39: Thank You
Thank You ~ C ::, ,.._., poho -= ::. N.tw.lQ,l,I 5009 rtune· edibleollscndfoods