Annual Report for the financial year ended March 31, 2026

Ref: KRBL/SE/2026-27/40 September 2, 2026 The General Manager National Stock Exchange of India Department of Corporate Services Limited BSE Limited “Exchange Plaza”, C-1, Block-G Floor 25, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai-400051 Scrip Code: 530813 Symbol: KRBL ISIN: INE001B01026 Sub: Annual Report for the financial year ended March 31, 2026. Dear Sir/Madam, Pursuant to the provisions of Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI (LODR) Regulations”) please find enclosed herewith the Annual Report of the Company including the Business Responsibility and Sustainability Report for the financial year ended March 31, 2026, which is being sent through electronic mode to those Members whose e-mail addresses are registered with the Company/Depository Participant(s). Further, pursuant to Regulation 36(1)(b) of the SEBI (LODR) Regulations, a letter providing the web-link, including the exact path, for accessing the Notice of AGM and Annual Report is being sent to those shareholders who have not registered their e-mail addresses. The above information will also be available on the Company's website at www.krblrice.com under the head ‘Investor Relations’. You are requested to kindly take the same on record. Thanking you, Yours Faithfully, For KRBL Limited Shubham Kandhway Company Secretary & Compliance Officer M. No. – F10757 Connecting Generations. This balance between continuity and progress has defined KRBL’s evolution. While its leadership in basmati rice remains the foundation of the business, the Company has steadily expanded its portfolio, strengthening its presence across a wider spectrum of food categories. Flavouring Tomorrow. From portfolio additions such as the India Gate Classic Masala Meal Mixes range and wellness-led offerings under Uplife, to expanding capabilities across consumer engagement and distribution, KRBL continues to stay closer to evolving preferences while delivering richer consumer experiences. Guided by a deep commitment to sustainability and social responsibility, the Company is also advancing a more responsible food ecosystem for future generations, one that balances quality, innovation, Every enduring company is shaped by two environmental stewardship, and shared prosperity. responsibilities: preserving the trust earned Bringing this journey to life is “The Flavourscape of Generations”, a visual narrative crafted entirely from KRBL’s rice grains, spices, and food products. Woven into a vibrant landscape, these ingredients over generations, and anticipating and building celebrate the moments that unite people across generations, from everyday family meals to festive from what the next generation will need. gatherings, reflecting the traditions, togetherness, and evolving tastes that have made KRBL a cherished part of dining tables for over a century. Today, as KRBL enters the next chapter of its journey, the Company is shaping the future of food through innovation, differentiated offerings, and a greater presence in everyday For KRBL, these are not competing priorities, but two parts of the same journey. meals and moments, remaining true to its purpose of connecting Connecting Generations Flavouring Tomorrow generations to the flavours and aspirations of tomorrow. Reflects a legacy built over more Embodies an equally important than a century. It represents trust commitment: evolving alongside earned across households, enduring changing lifestyles, expanding into consumer relationships, and new categories, embracing innovation, products that have become central and delivering products that offer to family traditions around the table. authenticity, wellness, and convenience. Corporate Overview Statutory Reports Financial Statements Setting the Table Corporate Overview Statutory Reports 04 Corporate Information 70 Management Discussion & Analysis 08 About the Company 10 FY26 Key Performance Indicators 86 Board’s Report 12 Management Message 110 Business Responsibility and Sustainability Report 16 Our Leadership 154 Corporate 20 Value Creation Model Governance Report 26 5-Year Consolidated Financial Highlights Financial Statements 28 Domestic Business 180 Standalone 32 Export Business Financial Statements Forward-Looking Statement 36 Product Portfolio 256 Consolidated 40 Marketing Initiatives Financial Statements Some information in this report may contain forward-looking statements. KRBL has based these forward-looking statements on its current beliefs, 52 Awards and Recognitions AGM Notice expectations, and intentions as to facts, actions, and events that will or may occur in the future. Such statements are identified by forward-looking words 56 Life at KRBL such as “believe”, “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, 330 AGM Notice “will” or other similar words. 60 ESG Initiatives A forward-looking statement may include a statement of the assumptions 64 Corporate Social Responsibility or bases underlying the forward-looking statement. KRBL has chosen these assumptions or bases in good faith, and the Company believes that they are 66 Risk Management reasonable in all material respects. However, the Company cautions you that forward-looking statements and their underlying assumptions or bases may 68 KRBL’s Strategic Roadmap differ from actual results, and that the differences between the results implied by the forward-looking statements, assumptions or bases, and actual results can be material, depending on the circumstances. 02 Annual Report 2025-26 03 Corporate Overview Statutory Reports Financial Statements Corporate Information BOARD OF DIRECTORS STATUTORY AUDITORS SECRETARIAL AUDITORS INTERNAL AUDITORS Chairman and Managing Director Joint Managing Directors Non-Executive M/s Walker Chandiok & Co. LLP M/s DMK Associates M/s S S Kothari Mehta & Co. LLP Mr Anil Kumar Mittal Mr Arun Kumar Gupta Independent Directors Chartered Accountants Company Secretaries Chartered Accountants Mr Anoop Kumar Gupta Ms Priyanka Sardana L-41, Connaught Circus, 31/36, Basement, Plot No. 68, Okhla Industrial Area, Whole-Time Director Mr Surinder Singh Outer Circle, Old Rajinder Nagar, Phase-III, New Delhi – 110 020 Ms Priyanka Mittal Mr Desh Raj Dogra New Delhi - 110 001 Delhi – 110 060 Mr Sudhir Garg COST AUDITORS REGISTRAR AND SHARE TRANSFER AGENT M/s HMVN & Associates CHIEF FINANCIAL OFFICER COMPANY SECRETARY AND COMPLIANCE OFFICER Cost Accountants M/s Alankit Assignments Limited Mr Ashish Jain Mr Shubham Kandhway 909 GD-ITL, North Tower, A-09, 4E/2, Jhandewalan Extension, New Delhi - 110 055 Netaji Subhash Place, Pitampura, Phone: 011 – 4254 1234 New Delhi – 110 034 Fax: 011 – 4254 1201 BOARD COMMITTEES Audit Committee Nomination and Stakeholders REGISTERED OFFICE CORPORATE OFFICE BANKERS Mr Surinder Singh – Chairperson Remuneration Committee Relationship Committee 5190, Lahori Gate, Delhi – 110 006 C-32, 5th & 6th Floor, Sector 62, State Bank of India Mr Desh Raj Dogra – Chairperson Mr Sudhir Garg – Chairperson Mr Anoop Kumar Gupta – Member Phone: 011 – 2396 8328 Noida, Uttar Pradesh – 201 301 HDFC Bank Limited Ms Priyanka Sardana – Member Mr Surinder Singh – Member Mr Desh Raj Dogra – Member Fax: 011 – 2396 8327 Phone: 0120 – 4060 300 DBS Bank India Limited Mr Surinder Singh – Member Mr Desh Raj Dogra – Member Mr Sudhir Garg – Member E-mail: investor@krblindia.com Fax: 0120 – 4060 398 IndusInd Bank Limited Website: www.krblrice.com Karnataka Bank Limited CSR and ESG Committee Risk Management Committee CIN: L01111DL1993PLC052845 Union Bank of India Mr Anoop Kumar Gupta – Chairperson Ms Priyanka Sardana – Chairperson UCO Bank Mr Anil Kumar Mittal – Member Mr Anoop Kumar Gupta – Member Ms Priyanka Sardana – Member Mr Arun Kumar Gupta – Member Mr Ashish Jain – Member UNITS Gautam Buddha Nagar Unit Dhuri Unit Barota Unit 9th Milestone, Post Dujana, Village Bhasaur (Dhu [Showing first 8,000 characters — download PDF for full document]