Analysts/Institutional Investor Meet/Con. Call Updates

Date: 14.07.2026 National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex, Bandra (East) Mumbai-400 051 Company Code: MBAPL Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Result Presentation of the Company for the quarter ended June 30, 2026 for the financial year 2026-27. The same shall also be uploaded on Company’s website. The above is for your kind information and records. Thanking You, For Madhya Bharat Agro Products Limited Pallavi Sukhwal (Company Secretary & Compliance Officer) M.No. – A43744 Place: Bhilwara Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 Madhya Bharat Agro Products Ltd (MBAPL) (A Unit of Ostwal Group of Industries) Q1 FY27 Financial Results presentation Safe Harbor This presentation may contain forward-looking statements regarding future business developments and economic performance. These statements related to Madhya Bharat Agro Products Ltd (MBAPL) are based on current expectations and projections that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include market conditions, regulatory changes, competitive pressures, and technological advancements. We undertake no obligation to revise any forward-looking statements to reflect future events or circumstances. The information in this presentation is provided on a best-effort basis and does not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities. No offering of securities will be made except through a statutory offering document. We make no representation or warranty, express or implied, regarding the accuracy, completeness, fairness, or reasonableness of the contents of this presentation. Any reliance on this presentation is at your own risk. We assume no obligation to update any forward-looking information contained herein. Third-party statements or projections included in this presentation are not adopted by us and we disclaim any responsibility for them. Index S No. Title Pg No. 1 1-7 OVERVIEW 2 8-12 FINANCIAL & OPERATIONAL PERFORMANCE 4 13-16 MARKET OUTLOOK 5 17-20 ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) 6 21 CORPORATE ACTION – ENHANCING SHAREHOLDER ACCESSIBILITY 7 22 CONCLUSION 8 23 VISION 2028: FROM EXPANSION TO LEADERSHIP MBAPL Overview Acquired in 2004, rebuilt into a profitable Led by Result oriented and Experienced KEY METRICS Key Metrics enterprise Team India`s 3rd largest MBAPL , Private sector player Mr. M.K Ostwal (Chairman), a technocrat entrepreneur and pioneer in SSP production from BRP. Extensively Integrated A + : CH Expansion from 9 lakh to ~16 lakh MTPA Crisil & ICRA 9% : MP Mr. Pankaj Ostwal (MD) and Mr. Credit Rating It manufactures and markets fertilizers : SSP market share Praveen Ostwal (Director) are turnaround *Upgraded from A Stable BHARAT ANNADATA specialists. Have turned 4 loss making fertilizer plants (NPK/DAP (SSP) complex) operating with sustainable healthyprofits. 16 Lacs Manufacturing Unit Sagar, Madhya Pradesh Dhule, Maharashtra MP & Maharashtra Fertilizer Capacities *Including 6.6 Lakhs MTPA in progress 11 # 200+ 3,30,000 • SSP- Fertilizer • SSP- 2,40,000 Fertilizer States Covered Marketing Professionals 3,30,000 • NPK/DAP(WIP)- Capacity (In MT) • NPK/DAP- 3,30,000 Capacity (In MT) #Post expansion-15 states 3,30,000 • NPK/DAP (Planned)- 1,98,000 • SA – 1,89,000 • BRP- Integrated Integrated • SA – 3,96,000 69,000 (Planned) Capacity (In MT) Capacity (In MT) 99,000 3,000+ 40,000+ • PA(WIP)- 3,30,000 66,000 • PA )- (Planned Retailers • Close to Rock mines Wholesalers/dealers Credentials ▪ Closest to Hazira port Credentials • Located on Chattarpur ▪ Maharashtra - highest Kanpur National Highway fertiliser consuming state Strengthening Scale Through Capacity Expansion Fertiliser Capacities (in’000 MT) Intermediates Capacities (in’000 MT) 900 1230 1560 1560 786 885 1347 1347 330 990 69 69 660 924 330 330 528 528 528 570 570 570 570 189 189 189 189 Existing FY27 FY28 Total of FY28 Existing FY27 FY28 Total of FY28 BRP Sulphuric Acid Phosphoric Acid SSP NPK/DAP SSP (Enhanced) NPK/DAP (Proposed) NPK/DAP (Enhanced) Sulphuric Acid (Enhanced) Sulphuric Acid (Proposed) Phosphoric Acid (Proposed) Projects Commissioning date Capacities ▪ SSP (MH): 3,30,000 MT Early commissioning achieved in Dhule, ▪ NPK/DAP (MP): 90,000 MT March 2026 Mah & Sagar, Madhya Pradesh Facility ▪ SulphuricAcid (MP): 1,65,000 MT ▪ SulphuricAcid(MH): 1,98,000 MT Phase I Integrated NPK/DAP Plant at Dhule, Maharashtra ▪ NPK/DAP: 3,30,000 MT October 2026 ▪ Phosphoric Acid: 99,000 MT ▪ NPK/DAP: 3,30,000 MT October 2027 ▪ Phosphoric Acid: 66,000 MT Phase II Integrated Expansion at Dhule plant ▪ Sulphuric Acid: 3,96,000 MT Leading the Industry Through Unmatched Performance and Scale Expansion OGI’s Leading Industry positions Best Production Award for SSP Fertilizer Our Returns vs. Industry Average* Plant (5 Year CAGR) INDUSTRY MBAPL AVERAGE India’s Pioneer Player Low-Grade Rock Phosphate Beneficiation 59% 15% Revenue Growth 40% 12% EBITDA Growth Largest 9% SSP Market Share PAT Growth EPS 49% 8% M/s Madhya Bharat Agro Products Ltd 3rd Largest Private Sector Player 3rd Prestigious Best Production Award for SSP Plant *Source: Industry average is based on publicly available information of PPL, Coromandel, FACT, Deepak, GNFC, With Post NPK/DAP Capacities Expansion. GSFC, RCF & MCF Exclusive Expertise Turning Risk into OGI Secures India’s Largest Green Strategically positioned Reward Ammonia Supply Deal – 130k in MBAPL Dismantling & Rebuilding: Extensively Integrated ▪ OGI, a powerhouse in Successfully relocated high quality fertilizer Complex Fertilizer India’s phosphatic fertilizer plants, now operational beyond original capacity, an exclusive blend in India. sector, has signed a sourcing Strategically Located agreement for Green Turning around sick units: Ammonia with SECI 2026. nation market access OGI Successfully transformed 4 loss-making units into fully profitable operations ▪ Under this landmark deal, OGI will secure green ammonia Ground Presence annually as part of the Government of India’s National Green Value Creation: 3000+ Wholesalers, Hydrogen Mission (NGHM), positioning it as the nation’s Converting complex operations 40000+ Retailers largest future consumer of green ammonia. into profitable venture 11 States Strategic Pillars of Strength • Part of OGI which is the 2nd largest S SP fertilizer producer in India and 3rd largest Private • Only player to relocate plants and Cost-Efficient sector NPK/DAP Fertilizer Leading Industry enhance its capacities company with planned expansion • Strategic plant locations having Investment Player • India`s exclusive producer of operational cost advantage • Capital savings complex fertilizer in Central by developing and India enhancing low-cost quality assets from • Leading in industry performances sick firms with outstanding returns • Advanced capacities and added new • Strong distribution network products with cost competitiveness • Key contributor to Make in India • Proven Record of turning around sick units into • Advantaged with beneficiation of cash- generating valuable low-grade rock phosphate Significant Value Extensive assets • In-house manufacturing of • Continuous expansions to drive Driver Integration Sulphuric and Phosphoric acid growth • Assured raw material supplies with • Distinct advantage with long term contracts innovation and continuous • Favourable, cost-effective material emerging technologies pricing driving predictable profitability • In-house power generation through solar power and waste heat utilization Journey So Far 1.30 lakh Commissioned Geographical 10-year, MT Green Ammonia 1.20 procurement agreement with SECI NPK/DA [Showing first 8,000 characters — download PDF for full document]