General Updates

October 28, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services, Exchange Plaza, 5th Floor, G-Block, P. J. Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra East, Mumbai - 400001 Mumbai - 400051 Scrip Code: 532543 Scrip Symbol: GULFPETRO Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the Investor Presentation on Un-audited Financial Results for the quarter and half year ended September 30, 2026. Kindly take the same on record. Thanking you, Yours Faithfully, For GP Petroleums Limited Kanika Sehgal Sadana Company Secretary and Compliance Officer M. No.: A31466 Investor Presentation Q2 FY27 Results Update Quarter and half-year ended 30 September 2026 27 October 2026 Manufacturer of IPOL lubricants and rubber process oils, and exclusive partner for Repsol lubricants in India Investor Presentation | Disclaimer Safe Harbour This presentation and the accompanying slides (the “Presentation”) have been prepared by GP Petroleums Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis of, or be relied on in connection with, any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, as to the truth, accuracy, completeness, fairness and reasonableness of its contents. This Presentation may not be all-inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, crude oil and base oil price movements, foreign exchange fluctuations, the performance of the lubricants industry, competition, the Company’s ability to successfully implement its strategy, the completion and integration of proposed transactions, and changes in government policies and regulations. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Investor Presentation | Agenda Contents 01 02 03 04 Q2 FY27 Performance Company Overview Industry Governance H1 and Q2 highlights, GP at a glance, product Indian lubricants market and Board of Directors and key management commentary, key portfolio, infrastructure, strategic what it means for GP management developments, quarterly trend roadmap Investor Presentation | Q2 FY27 H1 FY27 at a Glance Revenue from operations EBITDA Profit after tax ₹571.08 Cr ₹49.43 Cr ₹36.46 Cr YoY 84% YoY 178% YoY 206% Earnings per share EBITDA margin PAT margin ₹7.15 8.66% 6.38% All figures in ₹ crore unless stated; standalone, unaudited (limited review), as approved by the Board on 27 October 2026. EBITDA = profit before exceptional items and tax + depreciation + finance costs – other income. Prior-period figures as regrouped in the Q2 FY27 results. H1 FY26: revenue ₹310.65 crore, EBITDA ₹17.79 crore, PAT ₹11.91 crore, EPS ₹2.34. Investor Presentation | Q2 FY27 Q2 FY27 at a Glance Revenue from operations EBITDA Profit after tax ₹340.75 Cr ₹21.04 Cr ₹15.27 Cr YoY 124% QoQ 48% YoY 157% QoQ (26%) YoY 179% QoQ (28%) Earnings per share EBITDA margin PAT margin ₹3.00 6.2% 4.5% All figures in ₹ crore unless stated; standalone, unaudited (limited review), as approved by the Board on 27 October 2026. EBITDA = profit before exceptional items and tax + depreciation + finance costs – other income. Prior-period figures as regrouped in the Q2 FY27 results. Q2 FY26: revenue ₹152.35 crore, EBITDA ₹8.20 crore, PAT ₹5.47 crore. Q1 FY27: revenue ₹230.33 crore, EBITDA ₹28.40 crore, PAT ₹21.19 crore. Investor Presentation | Q2 FY27 Management Commentary “The first half delivered strong growth in revenue and profitability, while the higher scale of operations has sharpened our focus on collections, working capital and execution. Our priorities are to strengthen the contribution from higher-value manufactured products, improve distribution productivity and build a more efficient supply chain. The Board-approved proposals for capital raising and investment in the Pipavav terminal are intended to support this strategy, subject to the necessary approvals and completion conditions. We remain Mr. Arjun Verma, Managing Director focused on disciplined, sustainable growth.” Investor Presentation | Q2 FY27 Key Developments During Q2 FY27 After the quarter AUG–SEP 2026 20 AUG 2026 26 AUG 2026 30 SEP 2026 13 OCT 2026 OCT 2026 Independent directors Project Petroleum 43rd AGM and dividend ₹130 crore fundraise Pipavav terminal Leadership transition inducted exclusivity approved investment • Ms. Priyanka Sinha Four-month exclusivity with A final dividend of ₹0.50 per Private placement to RevX Board approved acquisition of • Mr. Arjun Verma elevated to appointed Independent Incubit DMCC to evaluate share was paid (10% on face Special Credit Opportunities shares in Incubit Pipavav Managing Director; Director from 12 August lubricant, terminal and retail value of ₹5) for FY26 Fund II: secured NCDs of ₹30 Terminal Pvt. Ltd. for about • Mr. Dilip Vaswani elevated to 2026, succeeding Mr. assets across India, the UAE, crore (36 months) and OCDs ₹44.27 crore, funded from Non-Executive Co-Chairman Ashok Kumar Gupta on Mauritius and East Africa. of ₹100 crore (up to 18 internal accruals, in tranches • Mr. Ayush Goel re-designated completion of his term. months), at a 13% coupon. over up to one year. Executive Chairman & Whole- OCD issue subject to Time Director; • Mr. Rahul Arun Shetty shareholder approval. • Mr. Shirish Suvagia appointed appointed Independent Chief Financial Officer, Key Director from 21 Managerial Personnel of the September 2026. Company; • Mr. Jogesh Sharma COO – Lubricants; • Mr. Sunil Shetty CHRO Source: Company disclosures to BSE and NSE (August–October 2026) and press coverage of those filings. Effective dates of the October 2026 leadership changes per the relevant Board resolutions. Investor Presentation | Q2 FY27 Quarterly Performance Trend Revenue from Operations (₹ Cr) Profit After Tax (₹ Cr) EPS (₹) 340.8 4.16 21.2 230.3 3.00 15.3 169.3 162.7 152.4 1.83 5.5 5.2 1.07 1.03 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 What the trend shows • Q2 FY27 revenue of ₹340.8 crore was the highest in the five quarters shown, up 124% YoY and 48% QoQ; H1 FY27 revenue of ₹571.1 crore is 89% of full-year FY26 revenue (₹642.6 crore) • Q2 Revenue rose 48%; but EBITDA declined around 26% largely driven by higher growth in raw material costs and as well as inventory drawdown in Q2 vis-à-vis stock accumulation in Q1 to support higher sales growth • Profit after tax of ₹15.3 crore was 28% below Q1 FY27 but 179% above Q2 [Showing first 8,000 characters — download PDF for full document]