Slide 1: Filing letter to National Stock Exchange of India
May 15, 2026 To, The Listing Department NATIONAL STOCK EXCHANGE OF INDIA LTD Exchange Plaza, C-1, Block G. Bandra Kurla Complex Bandra-East, Mumbai-400051 Name of the Company: Proventus Agrocom Limited (ISIN: INE0ONE01016) Sub: -Investor Presentation for the Financial Year Ended March 31, 2026 Dear
Slide 2: Riding The Health Wave
PROVENTUS AGROCOM LTD. Riding The Health Wave Investor Presentation FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The information set out
Slide 4: From Promise to Delivery - FY26 Performance Snapshot
From Promise to Delivery- FY26 Performance Snapshot Delivered +240 bps ₹659 Cr 22.1% FY28 Target Revised FY26 Brand Revenue FY26 Gross Margin Up ~58% YoY vs FY25 Up from 19.7% in FY25 ₹1,100 Cr from 5 Years Strong PAT ₹1,000 Cr 54% ₹14.26Cr Revenue CAGR FY26 PAT FY21 to FY26 Up ~93% YoY vs FY25 "Pro
Slide 5: From Dry Fruits to Wholesome Nutrition - The shift we saw coming
From Dry Fruits to Wholesome Nutrition- The shift we saw coming THREE STRUCTURAL SHIFTS IN INDIAN CONSUMPTION The category is evolving ASPIRATIONAL PRODUCTS GOING MAINSTREAM 01 So is ProV Pistachios, walnuts, seeds and premium nutritious snacks are no longer niche urban purchases. They are entering
Slide 6: Business Update
Business Update “Building the Capabilities behind the Shift"
Slide 7: Wholesome Nutrition Now 48% of Revenue - Margin expansion is following
Wholesome Nutrition now 48% of Revenue- Margin expansion is following Nutrition Share Growing Every Period 120 30.0% 100 27.0% 25.0% Why This Matters? 24.5% 22.1% 80 40 41 20.0% 48 53 19.7% 58 60 17.2% 15.0% Wholesome Nutrition VS 40 60 10.0% Core Dry Fruits 59 20 52 47 42 5.0% = Higher margin 0 0.0
Slide 8: Our Global sourcing gives us the EDGE
Quality starts at Source - Our Global sourcing gives us the EDGE Direct Why it matters Relationship From Growers Direct Minimises intermediaries Procurement — faster, leaner, more transparent supply chain Afghanistan Early Crop Better planning, smarter USA Visibility procurement, and Middle East mor
Slide 9: Capacity is being Built to WIN
Capacity is being Built to WIN- 4L+ Pouches per day by FY27 Mumbai, Maharashtra Purnia, Bihar Surat, Gujarat 1.5L 2.5K 4L+ Pouches / Day Tonnes / Year Pouches / Day → Added in FY26 of ~7000 sq.ft. → 2,00,000 sq.ft. unit → & → Primary Focus on Makhana → Combined space 47,000 sq.ft. → Backward Integra
Slide 10: Bihar Plant - Sourcing Makhana at Origin changes everything
Bihar Plant- Sourcing Makhana at Origin changes everything Phase 1 Operational Why sourcing at origin changes everything: 90%+ Margin Improvement 300+ bps of India's Makhana supply is produced in Bihar Lower raw material costs Direct procurement from Bihar farms eliminates Post commissioning interme
Slide 11: Inauguration In Pictures...
Inauguration In Pictures...
Slide 12: We more than Doubled the Marketing Investment
We more than Doubled the Marketing Investment - And the Brand is showing it… Our consistent Investments in marketing and sales force have driven exponential growth and strengthened our PAN India presence Expanding Our Footprint in India MARKETING SPENDS SALES FORCE Stronger Reach across (₹ Cr.) (# o
Slide 13: Financial Updates
Financial Updates "The numbers behind the Story"
Slide 14: Revenue. Margins. Mix - All moving the right way
Revenue. Margins. Mix - All moving the right way... ✓ Delivered +240 bps 5-Year Margin uptick ₹659 Cr ~22.1% 54% 52:48 FY26 Revenue Gross Margin Revenue CAGR Core : Nutrition Mix ↑ ~58% YoY vs FY25 ↑ from 19.7% (FY25) FY21 to FY26 ↑ from 58:42 (FY25) Revenue Grows. Margins Grow. Operating Leverage i
Slide 15: The Trajectory is Real - Numbers are Audited
Numbers are Audited- The Trajectory is Real….. Net Worth Consolidated PAT (₹ Cr.) (₹ Cr.) IPO June’23 130 144 123 14.3 53 63 7.2 7.4 3.7 1.1 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Gross Margin % EBITDA (₹ Cr.) 22.1 19.7 17.2 19.8 11.9 12.9 7.7 4.3 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26
Slide 16: Robust Capital Discipline - Funded for the next phase of Growth
Robust Capital Discipline- Funded for the next phase of Growth Debt Equity Ratio Working Capital Cycle 0.19 : 1 61 Days Debt Balance Sheet Size (Long Term + Short Term) ₹27 Cr. ₹198 Cr.
Slide 17: Market Opportunity
Market Opportunity "The wave is structural. ProV is positioned to ride it."
Slide 18: A ₹75,000 Cr. Market - And India has barely started consuming
A ₹75,000 Cr. Market - And India has barely started consuming 2026 ~₹75,000 Cr CORE DRY FRUITS WHOLESOME NUTRITION ~₹40,000 Cr ~₹35,000 Cr Total Addressable Market Dry Fruits + Wholesome Nutrition 5–7% CAGR + 15–18% CAGR Makhana · Seeds · Bars · Nut Chocs = Almonds · Cashews Trail Mixes· Premium Dry
Slide 19: India Consumes Almost Nothing - The gap is the opportunity
India Consumes Almost Nothing- The gap is the opportunity INDIA 600 gms per person / yr Low penetration — massive room to grow CHINA 2,500 gms per person / yr 4× India — Asia's new normal USA 4,700 gms per person / yr 8× India — the long-run potential Reaching China's level alone = the market grows
Slide 20: Organised Players are Growing 2.5x Faster
Organised Players are Growing 2.5x Faster- And ProV is leading the shift Why organised wins ProV's structural moat 2.5× Price transmission 350+ on-ground salesforce Brands pass cost benefits to consumers Deepest sales reach nationally. faster — building loyalty while margins All 4 channels active ho
Slide 21: Makhana - India's own Superfood is going mainstream
Makhana- India’s own Superfood is going mainstream WHY MAKHANA IS THE NEXT BIG WAVE The Crossover Is Coming ₹6,000 Cr Makhana is not just a trend - it is becoming India’s next everyday snack with the potential to outsell almonds over the next 5–7 years. Its unique positioning at the intersection of
Slide 22: Convergence: Health Shift, Makhana Boom, GST Tailwind
Convergence: Health Shift.Makhana Boom.GST Tailwind - 3 forces One Beneficiary (Organised Players) The Health & Snacking Shift The Makhana Boom GST & Policy Tailwind Indians are moving from fried snacks 25–30% CAGR vs 5-7% for almonds. GST rationalisation on dry fruits creates to healthier alternati
Slide 23: Way Forward
Way Forward “The road to ₹1,100 Cr., here’s how we get there"
Slide 24: Four Levers to ₹1,100 Cr by FY28
Four Levers to ₹1,100 Cr by FY28 - This is an execution plan, not a vision statement 01 02 03 04 Channel Product Infrastructure Leadership Expansion Innovation Build Bandwidth 10%+ Quick Commerce 58%+ Wholesome 4L pouches/day Scale management share Nutrition share by mid-CY2026 bench Sales leadershi
Slide 25: How we Build new Categories
How we Build new Categories - Our execution philosophy… Seed the product. Refine the truth. Then scale. 1 → 2 → 3 SEED REFINE SCALE Launch with intent. Test Let the market teach you — Deploy capital only flavor, pack format, price flavor, branding, positioning. when product-market point, channel fit
Slide 26: To Summarise - We said it. We did it.
To Summarise - We said it. We did it. The ₹1,100 Cr Roadmap is now in motion Strongest Year on Record Consistent, Long-Run Compounder ₹659 Cr Revenue grew ~58% YoY, gross margin 54% Revenue CAGR of 54% over FY21–FY26 FY26 Revenue · ~58% YoY expanded +240 bps to 22.1%, and EBITDA 5-Year Revenue CAGR
Slide 27: Message from MD & CEO
“ We do not chase milestones. We build capabilities. ₹659 Cr is not the finish line — it is validation that the model is working. Healthy snacking in India is becoming a daily habit, and ProV’s journey from dry fruits to wholesome nutrition is aligned with that structural shift — Makhana at the hear
Slide 28: Shareholding Pattern
Shareholding Pattern Bodies Corporate Shareholder holding >1% % Holding 6.89% Nisha Viraj Mehta 4.86% Carnelian Asset Management 2.28% B Arun Kumar Credit & Capital 2.21% Services Pvt. Ltd. Retail Public Rosy Blue Pvt. Ltd. 1.82% 25.90% Promoter& Promoter Group Seema Harshil Kothari 1.20% 67.21%% MS
Slide 29: Thank You
THANK YOU