Prime Fresh Ltd. · BSE:PRIMEFRESH
Prime Fresh — Q1 FY27 Earnings Presentation
41 slides from Prime Fresh's earnings presentation, Aug 17, 2026
Slide 1: Prime Fresh Limited Investor Presentation Q1FY27 intimation to BSE
PRIME.- દ્રિ] PRIME FRESH LIMITED Date: 17.08.2026 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 SCRIP CODE: 540404 Dear Sir/Madam, Sub: Investor Presentation Q1FY27 With reference 10 the above-mentioned subject, kindly find enclosed updated Investor’s Presentation for Q1FY
Slide 2: Earnings Presentation Q1FY27
—==PRIME FRESH LTD EARNINGS PRESENTATION- 01૪27 [દ FROM GROWERS AND FEEDERS લ:લ 10 BUYERS AND EATERS FIRMLY ALIGNED WITH THE COUNTRY’S VISION: ATMANIRBHAR BHARAT! GROWING ALONGSIDE THE BACKBONE OF THE NATION
Slide 3: E HARBOR Fresh
m, PRIMES E HARBOR Fresh This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prime Fresh Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Contents
NTS વાણ) Business Highlights Company Overview Business Overview Our Circle of Competence Financial Performance Management Commentary Thank you
Slide 5: Business Highlights
PRIME= Fresh BUSINESS HIGHLIGHTS
Slide 6: Q1FY27 Highlights
Q1FY27 HIGHLIGHTS ર NET INCOME INR 44 Mn કતી | YoY 349% 000 51% 04 02 i3 PAT MARGIN 03 EBITDA INR 61 Mn 7% | YoY 51% | ૪૦૪ +164 bps QoQ 15% QoQ +300 bps
Slide 7: Sales Tonnage (in MT) Q1FY27
* SALES TONNAGE (IN MT) Q1FY27 PRIMES 16,244 10,702 9,711 8,634 8,850 8,875 8,179 8,003 8,269 7,068 3,622 3,822 3,401 Q2FY23 Q3FY23 Q4FY23 ૦1/24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 QIFY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 68% YoY
Slide 8: Financial Highlights - FY26
PRIMES m’NCIAL HIGHLIGHTS - FY26 Fresh D/E-0.11 Revenue- 33% CAGR . Average (2020-2026) (2021-2026) EBITDA- 38% CAGR ROE - 17% (2020-2026) Average (2021-2026) ROCE - 19% PAT - 41% CAGR Average (2020-2026) (2021-2026)
Slide 9: Company Overview
PRIMES Fresh Company Overview
Slide 10: At a Glance
PRIMES GLANCE INTRODUCTION MARKET REACH Export Network in 6 countries Established in 2007 & headquartered in Ahmedabad 2,400+ Suppliers & Local Area Aggregators 24*7 Operations across 19+ locations round the year 90+ APMC partners Listed on BSE SME since March 2017 upto 5% June 20+ Exporters, 10+ Fo
Slide 11: Laying the Foundation for Tomorrow, Today (1/3)
,531: LAYING THE FOUNDATION FOR TOMORROW, TODAY (1/3) PRIME,® Fresh With unmatched scale, a rock-solid business ૪/૯ are actively strengthening our footprint in high- model, and more than 19 years of category- potential emerging domestic regions such as Uttar defining leadership, we are perfectly pos
Slide 12: Laying the Foundation for Tomorrow, Today (2/3)
. 1: LAYING THE FOUNDATION FOR TOMORROW, TODAY (2/3) PRINE Fresh ૪/૯ are actively strengthening our footprint in high- potential emerging domestic regions such as Uttar Inorganic growth will remain central to our Pradesh, Bihar, Odisha, Guwahati, Madhya Pradesh, roadmap as we identify and integrate
Slide 13: Laying the Foundation for Tomorrow, Today (3/3)
ngglgfi ® : LAYING THE FOUNDATION FOR TOMORROW, TODAY (3/3) * Leveraging underutilized agri-infrastructure. ૪/૯ are developinga City Distribution Business, Collaborating with local aggregators and aimed at servicing the large and fragmented general farmer networks trade (GT) segment. This model will
Slide 14: Preparing for Orbit Pivot: Step Towards Greenfield Expansion
"PREPARING FOR ORBIT PIVOT: STEP TOWARDS GREENFIELD EXPANSION L Prime Fresh Limited, one of India's emerging agri-supply-chain and fresh-produce distribution company, has successfully executed a sale deed for the acquisition of 6 acres of land in the State of Maharashtra, located at Shrirampur Villa
Slide 15: Ahead of the Curve
AHEAD OF THE CURVE 1 ૪/૯ promote and educate farmers for In line with the Government’s vision for Aatmanirbhar Bharat we have Since 2013, we have independently residue-free farming practices, soil & water embraced targeted collaborative models to expand the scale and developed comprehensive supply C
Slide 16: FY26 Key Highlights
IMES ૪26 KEY HIGHLIGHTS પ) ફૂ” Record operating scale & 8 હ છ છ E Outward volume rose 97.1% to 65,132 MT; standalone OPT volumes grew ~118%, led by 147.9% growth in onion volumes. Stronger profitability Revenue grew 32.5%, while EBITDA and PAT grew faster at 50.3% and 51.7%, reflecting better utiliz
Slide 17: Vision, Mission and Goal
ISION, MISSION AND GOAL 50 VISION Build a respectable Indian Global Agri Institution (IGAI) which 15 scalable, sustainable, fair and equal to create value for ઢાં! stakeholders in a globalized Agri eco system. MISSION Empowering communities at large for better health, cleaner environment and fosteri
Slide 18: Business Overview
PRIME? res
Slide 19: PFL: From Roots to Every Route
PFL FROM ROOTS TO EVERY ROUTE In 2007, Prime Fresh Limited began with a mission: To redefine how India handles its harvest and delivers to the end consumers. Stakeholders in farming face high grading and transportation costs, often resulting in losses due to the perishable nature of produce. Leverag
Slide 20: Business Model Canvas
PRIMES mESS MODEL CANVAS 2 Key Activities Key Resource Cost Structure We are engaged in * Skilled Team Our cost structure is built on a * Service Business (21 Services) * Farmer Network proprietary backward- and * Cold Chain integration model that * 51221) Chain business in Fruits Infrastructure cal
Slide 21: Oranges
Oranges Bananas i. em F el —_ 20
Slide 22: Procurement that Supports Farmers and Feeds the Nation
m’ENT THAT SUPPORTS FARMERS AND FEEDS NATION Kashmir @ Pomegranate Himachal Pradesh Long term association with (Y suppliers ણ Bananas Rajasthan Grapes Strong Procurement Team with robust farmer connects . Onion Gujarat Well Defined processes with Mangoes responsible sourcing and practices Apples Mul
Slide 23: Glimpse of Business Operations and Activities
“GLIMPSE OF BUSINESS OPERATIONS AND ACTIVITIES b Extensive hubs — ensuring every harvest finds its buyer. 22
Slide 24: Supply Chain Partners for Fruits and Vegetables
fikEv SUPPLY CHAIN PARTNERS FOR FRUITS AND VEGETABLES પદ ૪/૯ are 10૯ trusted supplier of vegetables and fruits 10 leading retail chains such as Tata Star Bazar, HyperCity, and Reliance Fresh Limited across various locations in Gujarat. ફિ | amazon | BB |i હેઝ I 1 પલ) | | bigbasket gri res I 2 ૪. 1 વા
Slide 25: Key Supply Chain Partners for 3PL Solutions and Services
*OURKEY SUPPLY CHAIN PARTNERS FOR 3PL SOLUTIONS AND SERVICES સ ૪/૯ have developed a service business using a 32. model, serving major corporations such as RIL, Agility Logistics, Waghbakri Tea, as well as several pharmaceutical and spice companies, available at 25 locations for service. We provide w
Slide 26: Our Circle of Competence
PRIME,S OUR CIRCLE OF COMPETENCE 25
Slide 27: We Create Disproportionate Impact (1/3)
EE WE CREATE DISPROPORTIONATE IMPACT (1/3) PRIME Fresh Our expertise in supply chain Strong distribution network across 18 states. management is reflected in —@ below 3% F&V wastage in supply chain. Only public listed company with unique business model across 6+ channels. We are the primary supplier
Slide 28: We Create Disproportionate Impact (2/3)
m’E WE CREATE DISPROPORTIONATE IMPACT (2/3) પ We operate through an Omni channel sales Backward integration through structured strategy encompassing HoReCa, General Trade, contract farming to ensure consistent supply રિ, and APMC njarkets — HoReCa.offers and reduce procurement costs. high-volume, pr
Slide 29: Procurement for Maximum Supply Chain Impact (3/3)
mfiuzm PROCUREMENT FOR MAXIMUM SUPPLY CHAIN IMPACT (3/3) ૬. Loyalty programs and fair-pricing policies lead to exclusive or first-preference supply from farmers. Difficult for new entrants to break High procurement volumes these relationships. give us negotiation power હ with suppliers. ૭ Absence of
Slide 30: Financial Performance
PRIME FINANCIAL PERFORMANCE 29
Slide 31: Financial Highlights - Q1FY27
દા PRIMES - FINANCIAL HIGHLIGHTS - Q1FY27 પ વ (TSP Total Revenue (In INR Mn) EBITDA 801 61 54 618 534 40 Q1FY26 04/26 618૪27 61/26 ૧૦4૪26 61/27 PAT 44 = EBITDA Margin ===PAT Margin 32 / 10% - o 7% Q1FY26 Q4FY26 ૦1/27 ૦1/26 ૦4/26 ૦1/27 30
Slide 32: Revenue Bifurcation
REVENUE BIFURCATION પહ m F&V BUSINESS = SERVICE BUSINESS = F&V BUSINESS = SERVICE BUSINESS 31
Slide 33: Highlights - Historical (Consolidated Figures)
mrHIGHLIGHTS- HISTORICAL (CONSOLIDATED FIGURES) suecinvitn: Fresh Revenue from Operations (In INR Mn) EBITDA & PAT (In INR Mn) 2740 201 2068 143 140 1492 105 994 92 78 7 o 656 772 617 43 53 3૩ 51 44 FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 FY21 FY22 FY23 FY24 FY25 £/26 010727 31106 PAT =EBITDA Margin “2
Slide 34: Highlights - Historical (Consolidated Figures)
mL HIGHLIGHTS- HISTORICAL (CONSOLIDATED FIGURES) Fres| —ROE ——ROCE 20% 18% FY20 Fy21 FY22 FY23 FY24 FY25 FY26 FY20 £/21 FY22 FY23 FY24 FY25 FY26 Working Capital Days —|nterest Coverage Ratio 26.8 10.6 FY20 Fy21 FY22 FY23 FY24 FY25 FY26 FY20 Fy21 FY22 FY23 £/24 FY25 FY26 શ Trade Receivable Days M Inv
Slide 35: Profit and Loss Statement - Q1FY27
PRIMES PROFIT AND LOSS STATEMENT- Q1FY27 મા TESH Revenue from Operations 617 799 (22.8%) 533 15.7% Other Income 1 1 (48.0%) 0 ૭2.૦9% 11૦14! Expenses except Depreciation 557 748 (25.5%) 494 12.9% 61 53 15.0% “ 51.0% EBITDA Margin 9.83% 6.60% +323 bps 7.53% +230 bps 56 49 14.4% 46.9% [Tax 13 18 (24.7%
Slide 36: Profit and Loss Statement (Consolidated) - Historical
I PROFIT AND LOSS STATEMENT (CONSOLIDATED)- HISTORICAL All figures in Millions 1 1 1 ] Revenue from Operations 499.7 655.8 772.0 993.5 1492.1 2067.7 1 2739.8 L Other Income 0.1 0.2 2.2 35 3.7 9.4 1 4.4 1 1 1 1 [૦૫૩ Expenses except Depreciation, Amortization| land Finance Cost 70.6 613.8 7232 922.4 1
Slide 37: Balance Sheet (Consolidated) - Historical
_PRIMES mfiT (CONSOLIDATED)- HISTORICAL M Key Balance Sheet Items(Rs in Mn) FY20 £૪21 FY22 FY23 FY24 FY25 FY26 Equity Share Capital 34.9 39.4 118.3 125.2 136.5 136.5 : 138.8 Reserves 8.6 141.4 107.7 178.6 487.9 575.2 | 742.3 Borrowings 33.9 40.8 41.9 47.2 0.4 43.5 ર 88.7 Other Liabilities 11.8 14.4 3
Slide 38: Cash Flow Statement
Particulars (Rs in Mn) 1 Cash Flow From Operating Activities -31.0 -19.3 -0.3 -12.3 -109.1 -107.8 : -119.1 i Cash Flow From Investing Activities -0.1 -0.1 -4.1 -2.8 -66.8 71.4 : -14.2 i Cash Flow From Financing Activities 27.4 23.8 8.2 31.7 196.4 35.1 : 171.4 Net Change in Cash and Cash Equivalents
Slide 39: Financial Resilience Reinforcing Momentum
'FINANCIAL RESILIENCE REINFORCING MOMENTUM હદર . પિ Our bottom line has expanded at a faster pace than our topline, with a 43% CAGR vs. પ 33% over FY20-FY26 respectively. /I'I O Near-zero debt (D/E 0.1). Long Term Borrowings is NILin FY26. 6 | 1 |\ O Our working capital cycle remained stable over th
Slide 40: Management Commentary
~MANAGEMENT COMMENTARY 3 Mr Hiren Ghelani, Founder and Whole Time Director, said “Dear Shareholders, Q1 FY27 marks a strong and encouraging start to the year for Prime Fresh Limited. During the quarter, we continued to build on the operating momentum created over the last year, supported by healthy
Slide 41: Thank You
PRIME.- Fresh We deliverfresh THANK YOU For further information; please visit: www.primefreshlimited.com Contact Details @ +91 9909032945 ૬ cs@primefreshlimited.com