Please find attached herewith Press Release for Quarter ended 30th September, 2026.

Date: 26th October, 2026 The Manager, BSE Limited, Phiroz Jeeboy Towers, Dalal Street Mumbai-400 001 Script Code: 540728 Dear Sir/Madam, Subject: Submission of Press & Media Release for the Quarter Ended 30th September, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation of Sayaji Industries Limited for the quarter ended 30th September, 2026. The presentation contains an overview of the Company's business, operational and financial performance for Q2 ended on 30th September, 2026 and is being made available to investors and stakeholders. The aforesaid Investor Presentation is also being uploaded on the website of the Company. Kindly take the same on your records. For, Sayaji Industries Limited Mr. Vishnu H Thaker (Company secretary & Compliance Officer) (ACS-60441) (This is digitally signed document hence Stamp is not required.) Sayaji Industries Limited Maize Products, Chinubhai Nagar, P.O. Kathwada, Ahmedabad – 382430, Gujarat, India T: +91-79-22900881-85, 22901581-85 CIN No: L99999GJ1941PLC000471 E: maize@sayajigroup.in, W: www.sayajigroup.in S AYA JI IN DU ST RI E S LIM ITE D Eight Decades in the Maize Starch & Derivatives Industry. Pivoting to Speciality Food Ingredients. Since 1941 Sayaji Industries Limited NSE: SAYAJIIND | BSE: 540728 Earnings Presentation Q2FY27 | October 2026 Inside the presentation 01 02 03 04 05 Q2FY27 About the Business Industry Financial Performance Company Profile Overview Profile Highlights Q2FY27 Performance Highlights Sayaji at a Glance Product Portfolio Industry Overview Key Performance Indicators • Maize Starch & Derivatives Q2FY27 P&L Snapshot History & Milestones Industry Tailwinds & 5Y P&L Snapshot • Speciality Food Ingredients Elevating Challenges Management Commentary Board of Directors Manufacturing Infrastructure 5Y Balance Sheet Snapshot • Promoter Directors • Maize Starch & Derivatives • Non-Promoter Directors • Speciality Food Ingredients 5Y Cash Flow Snapshot Corporate Structure Production Capacity & Utilisation Capital Markets Overview JV Philosophy & Revenue Mix Profile International Partners Strategic Priorities Subsidiary: Sayaji Seeds Private Limited CAPEX Roadmap Global Presence SAYAJI INDUSTRIES LIMITED | Investor Presentation 2026 Q2FY27 Performace Highlights Q2FY27 Performance Highlights 04 Q2FY27 P&L Snapshot 05 Management Commentary 06 Capital Markets Overview 39 Q2FY27 Performance Highlights (Consol) Revenue (₹ in Crore) EBITDA (₹ in Crore) PAT (₹ in Crore) 6% 1,906% YoY Growth 350 YoY Growth 288 22 250 264 17 4 200 3 2 21 16 0 -3 -10 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 Note: EBITDA including Share of Profits in JVs SAYAJI INDUSTRIES LIMITED | Investor Presentation 2026 Q2FY27 P&L Snapshot (Consol) PARTICULARS (₹ in Crore) Q2FY27 Q1FY27 Q2FY26 YoY Change QoQ Change Revenue from Operations 264 288 249 6% -9% COGS 180 195 193 -7% -8% Gross Profit 84 93 57 47% -10% Gross Margin (%) 31.7% 32.2% 22.8% 898 bps -45 bps Operating Expenses 69 75 59 17% -8% Other Income 0.8 1.8 0.4 107% -57% Share in profit of joint venture 1.0 1.6 0.9 20% -36% EBITDA 16 21 (1) 1,906% -23% EBITDA Margin (%) 6.2% 7.3% -0.4% 656 bps -113 bps Finance Cost 7 6 6 7% 7% Depreciation 6 5 5 9% 5% Profit before Tax 4 9 (12) 131% -59% Profit after Tax 3 7 (9) 134% -57% PAT Margins (%) 1.2% 2.5% -3.7% 487 bps -136 bps Basic EPS (in ₹) 1.35 2.78 (3.65) 137% -51% Note: EBITDA including Share of Profits in JVs. Consolidated financials. SAYAJI INDUSTRIES LIMITED | Investor Presentation 2026 Management Commentary “Sayaji Industries delivered a healthy performance in Q2FY27, towards our core business. Of the total sale consideration, continuing the momentum of the last three quarters. Revenue ₹20 Cr has been received so far, and the balance is expected for the quarter stood at ₹264 Cr, up 6% YOY, with an EBITDA to be received over the next 12 months. The proceeds will be of ₹16 Cr and an EBITDA margin of 6.2%. PAT stood at ₹3.1 used to finance working capital and other operational Cr, compared with a loss of ₹9.2 Cr in Q2FY26. requirements of the business. Margins saw some sequential compression during the quarter On the project front, the Technology Modernisation and on account of higher input prices, with EBITDA margin Automation Project is running one quarter behind schedule. moderating from 7.3% in Q1FY27. The general food inflation The project is being implemented on a live plant with minimal environment, along with a tepid monsoon season, led to a production breaks, while the plant continues to run at further rise in input costs compared to Q1FY27. Given the optimum capacity, thus the delay. We now expect to persistent nature of this increase, the maize starch industry complete the project by the end of Q3FY27. has partially passed it on to customers, and the balance cost Both joint venture projects, the Alland & Sayaji Gum Arabic escalation is expected to be passed on in the coming quarter. Spray-Drying Plant #2 and the Nigay & Sayaji Caramel We also expect the arrival of the winter crop after Diwali to Colours Plant, are now expected to commence work in ease input price inflation. Q4FY27. This follows delays in obtaining the requisite On the exports front, logistics costs have remained elevated, regulatory permissions to begin work at the project location. which has increased the landed cost of our products for Mr. Priyam B. Mehta Taken together, the performance in Q2FY27, progress in our export customers. However, demand has remained firm, and capital allocation and our upcoming projects position the CHAIRMAN & MANAGING DIRECTOR we have not seen any incremental impact of the ongoing Company well for its long-term growth. The focus for rest of West Asia crisis on our overall exports. the financial year remains on managing input cost pressures, One of the most important recent developments has been completing the projects on hand, and continuing to build a the divestment of the first tranche of our idle land parcel at stronger, more competitive operating platform.” Kathwada for a consideration of ₹73 Cr. This is in line with our strategy to divest non-core assets and deploy that capital SAYAJI INDUSTRIES LIMITED | Investor Presentation 2026 About the Company Sayaji at a Glance 08 History & Milestones 09 Board of Directors • Promoter Directors 10 • Non-Promoter Directors 11 Corporate Structure 12 JV Philosophy & International Partners 13 Subsidiary: Sayaji Seeds Private Limited 14 Sayaji at a Glance Founded in 1941, Sayaji Industries is Alongside the core maize starch 1,000 TPD one of India’s oldest maize wet milling business, Sayaji operates a spray- company, manufacturing native & drying division and 2 JVs with modified starches, sweeteners international partners for manufacturing Daily Maize Crushing Capacity (Dextrose Monohydrate, Dextrose speciality food ingredients. Anhydrous, Sorbitol, Liquid Glucose) and by-products (gluten, germ, fibre). It Over the years, Sayaji Industries has serves FMCG, pharmaceutical, paper, transitioned into a full-fledged maize ₹1,072 Cr ₹47* Cr textiles and packaging sectors. starch & derivatives company with a focus on value-add product categories, and niche food ingredient businesses. FY26 Revenue FY26 EBITDA 1941 Diversified Business 2 JVs Verticals International Collaborations in One of India’s Oldest Maize Niche High-Value Businesses Starch & Derivatives Company Maize Starch & Derivatives Alland & Robert (France) - Spray-Drying Food Ingredients Gum Arabic Powder JV Businesses Nigay SAS (France) – Caramel Colours# SAYAJI INDUSTRIES LIMITED | Investor Presentation 2026 *EBITDA including Share in Profit of JVs # JV currently under formation History & Milestones Over 8 decades of operations | From 1 TPD (1941) to 1,000 TPD (2026) Scale-up: Starch & Pivot to Speciality 1941- 1984- 2016- Foundation 1983 2015 [Showing first 8,000 characters — download PDF for full document]