Regaal Resources Limited · NSE:REGAAL
Regaal Resources — Q4 FY26 & FY26 Earnings Presentation
36 slides from Regaal Resources's earnings presentation, May 27, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
Date: May 27, 2026 To To National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers Dalal Street Bandra Kurla Complex, Bandra (E), Mumbai Mumbai – 400001 400051 Scrip Code: 544485 Symbol: REGAAL Sub: Investor Presentation under Regu
Slide 2: Earnings Presentation Q4 FY26 & FY26
Regaal Resources Limited Earnings Presentation | Q4 FY26 & FY26 May’26
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects and/or prospects, estimates etc. I
Slide 4: Management Commentary
Management Commentary “We are pleased to present Regaal's performance for FY26. For the full year, our Operating Income stood at ₹ 11,342 million, reflecting a growth of 23.9% year-on-year, while Value-Add stood at ₹ 2,958 million, a growth of 18.0% year-on-year. Operating EBITDA for FY26 stood at ₹
Slide 5: About Regaal Resources Ltd.
ABOUT REGAAL RESOURCES LTD. 4
Slide 6: Company Overview
Company Overview Regaal Resources Limited is Eastern India’s largest maize-based specialty products manufacturer operating a 1,650 TPD facility in Bihar, strategically located near one of India’s largest maize market and export corridors. Fastest Capacity Strategic Bihar Strong Infra & 591 Expansion
Slide 7: Regaal – Positioned for Growth in Maize-Based Specialty Products
Regaal – Positioned for Growth in Maize-Based Specialty Products Well-Diversified Product Among Top Wet Maize Export Advantage and Sustainability-Focused Raw material Proximity Portfolio Catering to Milling Businesses Cross-Border Trade Access and Policy-Backed Growth Multiple Industries • Largest m
Slide 8: Regaal's Product Portfolio & Applications
Regaal’s Product Portfolio & Applications • Food & beverage • Binder • Coating agent Native Maize Starch Yellow Dextrin Oxidized Starch • Pharmaceuticals • Adhesive • Thickening • Paper • Extenders • Binding agent • Packaging • Dyes • Paper coatings • Textiles • Abrasive industry • Stabilizing agent
Slide 9: Evolution of Regaal Resources Limited
Evolution of Regaal Resources Limited ▪ Increase in the installed capacity to 330 TPD ▪ Installation of further 2.5 MW Turbine ▪ Construction of Raw Material Warehouse of 21,528 square feet with capacity of 5,000 MT ▪ Increase in the installed capacity to 650 TPD ▪ RRL was listed on the NSE and BSE
Slide 10: Competitive Strengths – Board of Directors
Competitive Strengths – Board of Directors Anil Dinabandhu Sheetal Kishorepuria Mohapatra Jhunjhunwala Chairman and Independent Independent Managing Director Director Director ➢ He holds a Bachelor’s degree in Commerce from St. ➢ He holds a Bachelor’s degree in Arts and Law and ➢ She holds a Bachelo
Slide 11: Competitive Strengths – KMPs & SMPs
Competitive Strengths – KMPs & SMPs Saikat Tinku Kumar Shruti Chatterjee Gupta Kishorepuria Chief Financial Company Secretary and Chief People Officer Officer (CFO) Compliance Officer ➢ He completed his Bachelor’s degree in Science from ➢ He has completed his Master’s degree in Commerce ➢ She holds
Slide 12: Q4 FY26 Key Highlights
R REGAAL RESOURCES Q4 FY26 KEY HIGHLIGHTS 1
Slide 13: Financial Highlights (1/3)
Financial Highlights (1/3) In INR Millions O P E RATI N G I N CO M E VA LU E – A D D 1 O P E RATI N G E B I T DA 2 P RO F I T A F T E R TA X Q4 FY26 2,446.1 749.3 325.1 165.4 Growth YoY (5.4%) 20.6% 20.2% 47.9% Growth QoQ (24.3%) (6.9%) (5.9%) 24.8% Margin (%) - 30.6% 13.3% 6.8% Diluted EPS3 - - - 1
Slide 14: Financial Highlights (2/3)
Financial Highlights (2/3) In INR Millions ROCE ROE 20.3% PA R T I C U L A R S 31-MAR-25 31-DEC-25 31-MAR-26 14.2% Net Worth 1 2,354.1 4,643.5 4,813.3 11.5% 11.2% 11.2% 10.7% Net Debt 2 4,541.5 5,117.2* 5,456.5** Net Fixed Assets 4,458.5 7,210.8 8,331.5 FY25 Dec'25 FY26 Net Current Assets 3 2,407.9
Slide 15: Financial Highlights (3/3)
Financial Highlights (3/3) In INR Millions PARTICULARS Q4 FY26 Q4 FY25 YOY CHANGE Q3 FY26 QOQ CHANGE FY26 FY25 YOY CHANGE Operating Income 2,446.1 2,585.4 (5.4%) 3,229.7 (24.3%) 11,341.7 9,151.6 23.9% Value – Add 749.3 621.5 20.6% 804.9 (6.9%) 2,957.7 2,505.6 18.0% Value- Add Margin (%) 30.6% 24.0%
Slide 16: Operational Highlights
R REGAAL RESOURCES OPERATIONAL HIGHLIGHTS 15
Slide 17: Operational Highlights: Revenue mix across Product Segments
Operational Highlights Revenue mix across Product Segments Native Maize Starch Contribution to Revenue Modified Starch Contribution to Revenue Revenue mix across Product Segments FY26 60.6% 59.4% 59.3% 0.8% 45.5% 0.5% 0.5% 0.5% 30.7% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Co Products’ Contribution
Slide 18: Why Regaal?
R REGAAL RESOURCES Why Regaal? 17
Slide 19: Competitive Moat - How Regaal is positioned uniquely?
Competitive Moat - How Regaal is positioned uniquely? Diversified Customer Base and Multi-source Raw Material Distribution Channel Strong Financial Growth Procurement Trajectory • Dealer channel share increased to 65.5% in FY26, reinforcing distribution strength • Facility in Kishanganj, Bihar, amon
Slide 20: Manufacturing Infrastructure & High-Capacity Utilization
Manufacturing Infrastructure & High-Capacity Utilization Locational Advantage High-Capacity Utilization 1. Capital Subsidy –It receives 100% Interest subsidy (up to 20Cr) and interest capping of 10% on every subsequent expansion and 100% exemption on State GST by Bihar 99.7% government for 5 years s
Slide 21: Multi-source Raw Material Procurement
Multi-source Raw Material Procurement Locational Advantage Storage Infrastructure & Capacity 1. Bihar is a traditional maize producing state in the country, contributing 11.6% to Storage Infrastructure Overview: Silos, Raw Materials, and Finished Goods; overall production in India 1. Silos: Company
Slide 22: Diversified Customer Base and Distribution Channel
Diversified Customer Base and Distribution Channel Distribution Channels Customer Accretion and Expansion of Customer Base (as a % of Contract Price) Top 10 Customers Top 5 Customers Repeat Customers Unique Customers End Customers Dealers Distributors 55.1% 50.3% 45.5% 39.5% 39.4% 134 3.4% 32.0% 27.
Slide 23: Strong Financial Growth Trajectory
Strong Financial Growth Trajectory Operating Income Operating EBITDA Profit After Tax (₹ Mn) (₹ Mn) (₹ Mn) EBITDA EBITDA Margin PAT PAT Margin 32.5% 1,40 0.0 46.0% 0.3 600 .0 49.1% 7.0 0% 1,20 0.0 6.0 0% 0.3 500 .0 1,00 0.0 5.0 0% 0.2 400 .0 5.2% 800 .0 4.9% 4.0 0% 12.3% 11.2% 0.2 300 .0 9.4% 3.7% 6
Slide 24: Our Growth Strategies
R REGAAL RESOURCES OUR GROWTH STRATEGIES 23
Slide 25: Growth Strategies & Updates (1/2)
Growth Strategies & Updates (1/2) Expansion Completed & Operational on 26th May,2026 Upcoming Expansion Plans Planned Expansion Completed: DAH & DMH Launch (FY27): ▪ Capacity doubled from 825 TPD to 1,650 TPD ▪ Planned entry into Dextrose Anhydrous (DAH), Dextrose Monohydrate (DMH) ▪ Positions the c
Slide 26: Growth Strategies & Updates (2/2)
Growth Strategies & Updates (2/2) Increasing domestic and international footprint White Labelling Expanding Domestic Presence ▪ White Labelling for Scalable Growth: Drive high-volume, low-risk expansion through customer-led formulations and packaging, capitalizing on established ▪ Only 0.67% of FY26
Slide 27: Thank You
Thank You For further details please contact Chief Financial Officer Investor Relations Advisor Saikat Chatterjee Mudit Nahata Email: saikat@regaal.in Email: ir@uirtus.in Website: www.regaalresources.com Website: www.uirtus.in
Slide 28: Shareholding Pattern as on 31st March, 2026
Shareholding Pattern as on 31st March, 2026 Promoter & Promoter Group Institutional Investors & NBFCs FPIs 71.3% Retail Investors & HUF NRIs Others 2.8% 0.3% 19.6% 5.8% 0.2% 27
Slide 29: Annexures
R REGAAL RESOURCES ANNEXURES 28
Slide 30: IPO Details
IPO Details In INR Millions A M O U NT TO B E U T I L I S E D A M O U NT U T I L I Z E D A S A M O U NT U N - U T I LI Z E D O B J E CTS O F T H E I S S U E A S P E R P R O S P ECT U S F R O M N E T P R O C E ED S ON 31.03.2026 AS ON 31.03.2026 Repayment and/ or prepayment, in full or in part, of ou
Slide 31: Key Highlights – Cash Conversion Cycle
Key Highlights – Cash Conversion Cycle PA RT IC U L A R S FY23 FY24 FY25 FY261 Inventory Days 2 32 48 65 34 Debtors Days 3 54 77 54 48 Payable Days 4 43 46 26 32 Cash Conversion Cycle 5 43 79 93 50 Note: 1. Annualized 2: Inventory days are calculated as Inventory divided by cost of goods sold multip
Slide 32: Key Performance Indicators
Key Performance Indicators In INR Millions PA R T I C U L A RS FY23 FY24 FY25 FY26 Revenue from Operations 4,879.6 6,000.2 9,151.6 11,341.7 Revenue from Operations CAGR (FY23-FY26) 32.5% EBITDA1 406.7 563.6 1,127.9 1,265.7 EBITDA1 Margin (%) 8.3% 9.4% 12.3% 11.2% PAT 167.6 221.4 476.7 555.6 PAT
Slide 33: Industry Overview
Industry Overview Global Maize Starch End User Industry Growth Rate, (2024-2029) CAGR% Indian Maize Starch End User Industry Growth Rate, (2024-2029) CAGR% 7.52% 6.76% 6.61% 6.62% 9.89% 6.43% 5.95% 9.10% 8.91% 5.79% 8.59% 8.32% 6.89% 6.94% 3.50% 2.85% 4.50% 3.67% Animal Snacks Confectionary Convenie
Slide 34: Industry Overview – Global & Indian Market Analysis
Industry Overview – Global & Indian Market Analysis Global Native Maize Starch Market Size Global Maize Starch Co products Market Size, Global Modified Maize Starch Market Size ($ Mn) ($ Mn) 2019 2024 2029F ($ Mn) 3.65% 36,874.00 5.23% 21,147.00 2,590.60 2,637.80 3.10% 30,818.00 2,286.50 2,265.00 4.
Slide 35: Competitive Strengths – Industry Tailwinds - Global
Competitive Strengths – Industry Tailwinds - Global Expanding Industry Applications R&D and Product Customization Fortified Starch Solutions Health-Conscious Consumer Demand Versatility Across Sectors Expanding use of native maize starch in Investment by companies in Companies are also offering fort
Slide 36: Competitive Strengths – Industry Tailwinds - India
Competitive Strengths – Industry Tailwinds - India Demographic & Urban Shift Rise of Packaged Foods Eco-Friendly Packaging Sweeteners from Starch Super Absorbents & Exports India’s 1.42 Bn population, young Packaged ready-to-eat food is the Focus on eco-friendly, Beverage and pharma makers use Maize
Regaal Resources — Q4 FY26 & FY26 Earnings Presentation on 6ix