KRBL Ltd. — Investor Presentation 2026

Feb 14, 2026

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Ref: KRBL/SE/2025-26/97 February 14, 2026

The General Manager Department of Corporate Services BSE Limited Floor 25, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 530813	National Stock Exchange of India Limited “Exchange Plaza”, C-1, Block-G Bandra-Kurla Complex Bandra (E), Mumbai-400051 Symbol: KRBL Series: Eq.

Sub: Investor Presentation on Unaudited Financial Results of the Company for the Third Quarter (Q3) ended December 31, 2025.

Dear Sir/Madam,

Pursuant to the provisions of Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to enclose herewith the Investor Presentation on Unaudited Financial Results of the Company for the Third Quarter (Q3) ended December 31, 2025.

This is for your kind information and record.

Thanking you,

Yours Faithfully, For KRBL Limited

Piyush Digitally signed by Piyush Asija Date: 2026.02.14 Asija 17:23:33 +05'30' Piyush Asija Company Secretary and Compliance Officer M. No.: A21328

Encl: As above

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INVESTOR PRESENTATION

Q3 FY2026

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LEADING RICE COMPANY Market Leader in India, , Exports to 90+ Countries

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5,655 cr 9,030 cr FY 25 Total Income Market Cap. as on 31[st] Dec ’25[#] 37.8% 39.3% Highest GT Market Share Highest MT Market Share 13.0% 12 million FY 25 EBITDA Household reach in India[ @] 8.4% 90+ countries FY 25 PAT Leading Exporter to 90+ Countries

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All figures in ₹. crore and are based on consolidated financials. * Q3FY26 Market share of basmati packaged rice in India as per Nielsen # Source: NSE @ Source: Kantar Household Panel (MAT Sep’25) – 13 Major Markets (Urban)

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Market Leadership

Highlights

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Pricing Power

Unparalleled processing capacity with the Largest Rice Milling Plant in Punjab

On the back of Strong Brand & Superior Product

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Basmati Realization (per MT)* India KRBL

Robust domestic network supported by over 850+ distributors

a Underpinned by Strong Financial Position with substantial internal accruals and minimal debt reliance

KRBL enjoys significant premium, reflecting strong brand and superior product.

KRBL has Largest Contact Farming Network coverage for rice

*KRBL FY25 Basmati Export Realisation per MT compared with India’s export realization. Latter is per APEDA export data of FY25.

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ROBUST CASH FLOW
Low Debt Dependence
FY21 FY22 FY23 FY24 FY25
5,240
4,858
4,693
4,070
3,693
0.08
0.02
0.01
376
53 -0.09 95 -0.08
-378 -405
Net Bank Debt
Net Worth
All figures in ₹. crore and are based on consolidated financials
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STRATEGICALLY LOCATED FACILITIES Strategically located manufacturing and procurement facilities

DHURI, PUNJAB SONIPAT, HARYANA ALIPUR, DELHI G B NAGAR, UTTAR PRADESH ANJAR, GUJARAT

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Q3 FY26

Consolidated Performance Highlights

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1,502 488
Total Income Cash & Bank balance
453 (388)
Gross Profit Net Bank Borrowings
253 5,653
EBITDA Net worth
3,941
[170] PAT Total Inventory
All figures in ₹. crore and are based on consolidated financials.
Includes Other Bank balances and Investments (excluding Investment in Equity Shares)
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Revenue

Performance Overview

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10%
12%
1,682 4,572
4,152
1,477
1105 3214
3018
1104
563 1276
357 1058
Q3 FY25 Q3 FY26 9M FY25 9M FY26
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Exports
Domestic
Power
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• In Q3 FY26, revenue lower by 12% on YoY basis mainly due to lower exports. Domestic revenue remained flat.

• In 9M FY26, revenue higher by 10% on YoY basis due to growth in both domestic and export revenue. Export revenue grew by 21% while Domestic revenue grew by 6%

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GROSS PROFIT
F"(')
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Gross margin mainly benefited from lower avg. basmati COGS and higher other income.

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Q3 FY26 Profitability Metrics

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EBITDA PROFIT AFTER TAX CASH PROFIT
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EBITDA followed the Gross margin trend partially impacted by higher employee cost (including 0.6% additional gratuity provision).

PAT margin followed the trend in EBITDA.

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All figures in ₹ crore and are based on consolidated financials

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GROSS PROFIT
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Gross margin mainly benefited from lower avg. basmati COGS and higher other income.

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9M FY26
Profitability Metrics
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EBITDA
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!F)(
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$%!
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'+,-./ '+,-./
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EBITDA followed the Gross margin trend partially impacted by higher proportionate employee and other cost.

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PROFIT AFTER TAX
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)F'(
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#$!
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$+,-."' $+,-."'
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PAT margin followed the trend in EBITDA.

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CASH PROFIT
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All figures in ₹ crore and are based on consolidated financials

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Q3 FY26 & 9M FY26

Consolidated P&L Summary

Particulars	**Q3 FY26 **	Q2 FY26	**Q3 FY25 **	**9M FY26 **	**9M FY25 **	FY 2025		Q3 FY26	9M FY26	Q3 FY26
								YoY		Q-o-Q
Revenue from operations	1,477	1,511	1,682	4,572	4,152	5,594		-12%	10%	-2%
Other income	25	30	8	84	66	61		191%	27%	-18%
Total Income	1,502	1,541	1,690	4,656	4,218	5,655		-11%	10%	-3%
Cost of goods sold	1,048	1,091	1,285	3,341	3,219	4,214		-18%	4%	-4%
Gross Profit	453	450	406	1,316	999	1,441		12%	32%	1%
Gross Profit %	30.2%	29.2%	24.0%	28.3%	23.7%	25.5%
Employee benefits expenses	60	55	44	163	125	174		37%	30%	10%
Other expenses	140	139	159	418	373	531		-12%	12%	1%
EBITDA	253	257	203	735	501	736		25%	47%	-1%
EBITDA %	16.9%	16.6%	12.0%	15.8%	11.9%	13.0%
Finance costs	1	1	1	4	7	15		26%	-41%	29%
Depreciation and amortisation expense	23	23	20	68	60	81		14%	13%	1%
Profit before tax	229	233	182	663	434	640		26%	53%	-2%
Tax Expenses	59	60	49	170	112	164		19%	52%	-3%
Profit after tax	170	172	133	493	322	476		28%	53%	-1%
Profit after tax %	11.3%	11.2%	7.8%	10.6%	7.6%	8.4%

All figures in ₹ crore and are based on consolidated financials

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BALANCE SHEET METRICS Working Capital Highlights Total Inventory as on 31st Dec 2025 is Rs. 3,941 Cr vs Rs 4,278 Cr as on 31st Dec 2024.

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INVENTORY VOLUME INVENTORY VALUE WORKING CAPITAL DAYS
(in `000 MT) (In Rs. Cr.)
#"'((F
#")+F
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,-../ 0123
4$F56# 4$F56#7
All figures in ₹ crore and are based on consolidated financials
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BALANCE SHEET METRICS Debt Protection Highlights CURRENT RATIO NET BANK INTEREST COVERAGE (times) BORROWINGS (Rs. Cr) RATIO (days)

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• Strong credit ratings from ICRA (AA(Stable)) and [ICRA] A1+; and CARE (A1+) reflect the confidence in KRBL's financial discipline and stability. ICRA reaffirmed long term rating in December 2025.

• Lower net bank debt is mainly due to lower inventory and higher cash profit in current year nine months.

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All figures are based on consolidated financials

INDIA BUSINESS

CONTINUING MARKET LEADERSHIP

Revenue in Rs. Revenue growth Cr -0.1% 1,104* For Q3 FY26 YoY Domestic revenue remained flat during the quarter.

All figures in Rs . crore and are based on consolidated financials. *Domestic Revenue excludes power revenue

CONTINUED LEADERSHIP…

MARKET SHARE (%) General Trade Modern Trade E-commerce 37.8% 39.3% 41.2%

DEMOCRATIZING REMODELLING OUR DISTRIBUTION OUR SUPPLY CHAIN

STRATEGIC PILLARS

INVESTING IN THE BRAND

FORAYING INTO NEW PROD. & CATEGORIES

DEMOCRATIZING REMODELLING OUR DISTRIBUTION OUR SUPPLY CHAIN

STRATEGIC PILLARS

INVESTING IN THE BRAND

FORAYING INTO NEW PROD. & CATEGORIES

DEMOCRATIZING OUR DISTRIBUTION

Growing Retail Footprint, Strengthening Presence in Better-Quality Stores

Strongest Outlet Presence 3.2 Lakh Retail Outlets

Reaching out to 1.2 Crore Indian Households

*All Channels # of outlets of Packaged basmati as per RMS OND’25

**Urban Indian Households penetrated (13 markets) - KWP (MAT Sept’25)

DEMOCRATIZING REMODELLING OUR DISTRIBUTION OUR SUPPLY CHAIN

STRATEGIC PILLARS

INVESTING IN THE BRAND

FORAYING INTO NEW PROD. & CATEGORIES

REMODELLING OUR SUPPLY CHAIN

Ongoing transformation endeavors, supporting Distribution democratization

GENERAL TRADE

MT & E-COMM Driving Servicing & Cost Efficiency

Going Deeper with Distribution Driving Servicing & Establishing direct distribution in non- Cost Efficiency covered / underpenetrated towns 1. 2. ENSURING WIDER & BUILDING A DEEPER SUPPLY ROBUST & HEALTHIER GTM PRACTICE MOVING TOWARDS ‘FOR’ MODEL 16 C&Fs & 8 SS ENABLING COST OPTIMIZATION STRONGER GOVERNANCE ON GTM BETTER SERVICEABILITY SAFEGUARDING AGAINST INFILTRATION

DEMOCRATIZING REMODELLING OUR DISTRIBUTION OUR SUPPLY CHAIN

STRATEGIC PILLARS

INVESTING IN THE BRAND

FORAYING INTO NEW PROD. & CATEGORIES

INVESTING IN THE BRAND

This festive season, Mr. Bachchan gave voice to what India Gate Classic stands for – ‘Giving TIME to our loved ones’

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MAKE EVERY MOMENT ‘CLASSIC’
4200 GRPs 60% REACH
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TV, DIGITAL, OOH
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INVESTING IN THE BRAND

HIGH INTENSITY PAN-INDIA ACTIVATIONS in MT Demonstrating Category Leadership, Cross category promotions, Visibility drives & Offers

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DEMOCRATIZING REMODELLING OUR DISTRIBUTION OUR SUPPLY CHAIN

STRATEGIC PILLARS

INVESTING IN THE BRAND

FORAYING INTO NEW PROD. & CATEGORIES

FORAYING INTO NEW PROD. & CATEGORIES

Launching Value-added Rice range under Uplife , for Proactive Health Goals WEIGHT MANAGEMENT GUT HEALTH ACTIVE HEALTH Brown Rice Basmati Brown Rice Low GI Everyday Rice

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UPLIFE LITE EVERYDAY RICE Newly launched for Active Health

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INTERNATIONAL BUSINESS

LEADERSHIP BEYOND INDIA

Revenue in Rs. 357* Cr

Revenue growth -37%

For Q3 FY26

YoY

Q4 exports lower on YoY basis due to base effect, 9M FY26 performance remains strong with 21% YoY growth.

POSITIVE TRENDS FOR RICE EXPORT FROM INDIA

Global markets offer exciting opportunities for KRBL to drive growth

PRODUCTION

• High yielding varieties boost national surplus

• • Farming tech adoption drives produce growth • Basmati quality focus boosts global demand

INDIAN PRESENCE GLOBALLY

• Growing US demand for PUSA basmati, commercialized by KRBL

• Indian diaspora abroad fuels rice popularity as both staple and premium restaurant item

EXPORT LEADER

• India is the #1 exporter of rice, holds 85% of basmati market exports and expects to further rise. 16% volume growth in FY25.

DEMAND FROM MIDDLE EAST

• Excellent quality standards have spurred increase in the demand for Indian basmati rice amongst locals

• Middle east accounts for nearly 3/4th India’s basmati exports.

BASMATI RICE EXPORTS FROM INDIA FOR FY25 Volume - (%)

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4% [1%]
6%
6%
7%
76%
Middle East Europe North America Africa Asia Others
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STRATEGY
EXPORT
Direct Marketing
- Penetration to locals with Arabic TVC in mainstream channels
-Targeting geo-location customers through social media
-Increasing focus on India Gate HORECA line up to target HORECA customers
Direct
Marketing
Channel Deepening
& Diversification
Channel
Existing New / Seeded
Expansion
Markets Markets
Acquisition of
“Adjacent” Basmati
Consumer
Launch of economy
variants / small packs to
New Products drive penetration
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AWARDS & ACCOLADES

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TRANSFORM
ASIA AWARDS
2025
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BEST MID-DAY MEAL INITIATIVE OF THE YEAR - 2025

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TRIPLE WIN FOR CREATIVE, STRATEGY, BRAND EVOLUTION, VISUAL IDENTITY

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EXCELLENCE IN BARCLAY’S FAMILY BUSINESS AWARDS

CONTACT US

Safe Harbor

This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to KRBL Limited and its affiliated companies (“KRBL”) future business developments and economic performance.

Investor Relations Desk KRBL Ltd. Tel: +91-120- 4060 300 Email: investor@krblindia.com

While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.

These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

KRBL undertakes no obligation to periodically revise any forward-looking statements to reflect future/ likely events or circumstances.

THANK YOU!