Investor Presentation

Dated: 28.10.2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (E), Mumbai - 400 051 Mumbai - 400 001. Symbol : GRPLTD -Series: EQ Scrip code : 509152 Dear Sir / Madam, Subject : Investor Presentation for Q2 FY 2027 . Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Investor Presentation on the Unaudited financial results of the Company for the quarter and half year ended 30th September, 2026. The aforesaid presentation has been uploaded on the Company’s website viz., www.grpweb.com. You are requested to take the above information on your records. Thanking You For GRP Limited Sonal Jaju Company Secretary and Compliance Officer Encl: a/a INVESTOR PRESENTATION October 2026 www.grpweb.com www.grpweb.com Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by GRP Limited (the “Company”), have been prepared 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 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, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. 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, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. 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. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. www.grpweb.com PERFORMANCE HIGHLIGHTS Q2 & H1FY27 Managing Director’s Message Commenting on the Q2 & H1FY27 performance of the company Mr. Harsh Gandhi, Managing Director for GRP Limited said, “The quarter marks another step forward in our growth journey, with strong revenue growth and continuing momentum in profitability. Consolidated income grew 30% YoY to Rs. 1,727 Mn, while EBITDA increased 60% and PAT more than tripled. For H1 FY27, consolidated income advanced 28% to Rs. 3,300 Mn and EBITDA grew 60%. While elevated raw material costs continue to pressure gross margins, our focus remains on operating efficiencies and cost competitiveness. The tyre industry continued to navigate an evolving landscape, with resilient domestic tyre demand and exports sustaining their upward momentum, contrasting with subdued demand in certain international markets. Globally, original equipment demand for passenger and light truck tyres remained subdued, particularly in China, while replacement demand was relatively resilient. European truck and bus tyre replacement demand improved, contrasting with weakening conditions in North America. Geopolitical tensions kept energy and freight costs elevated. In India, rising virgin rubber prices and intensifying competition for key raw materials further increased cost pressures across the value chain. Our Rubber Recycling business sustained its strong performance, with H1 revenue growing 30% YoY to Rs. 2,963 Mn, supported by domestic revenue growth of 40% and export growth of 22%. We also witnessed encouraging traction in non-tyre applications. Sales from newer reclaim technologies increased, reflecting progress in adoption and the potential to improve conversion economics. Under Pyrova Energy, commissioning activities for the recovered carbon black (rCB) facility are progressing. However, continued escalation in certain raw material costs weighed on gross margins, reinforcing our focus on sourcing diversification, material optimisation and calibrated pricing actions. Within others, the growing emphasis on circular materials presents opportunities in plastic recycling, while elevated virgin polymer prices continue to shape market dynamics. Improved realizations and disciplined pricing contributed to a significant improvement in gross margins. We are advancing customer qualification and business development across automotive, compounding and other high-value applications to translate opportunities into sustainable commercial growth. We are pleased to have achieved the EcoVadis Gold rating, placing us among the top 5% of companies assessed worldwide for sustainability performance. Our renewable energy initiatives progressed with the completion of Phase 1 of the Gujarat solar project, with further savings expected upon completion of Phase 2. Looking ahead, our priorities remain focused on strengthening procurement resilience, enhancing operational efficiencies, maintaining pricing discipline and driving technology-led improvements.” www.grpweb.com Q2FY27 Performance Highlights – Consolidated (in Rs. Mn) Total Income EBITDA PAT +30% +60% +226% 1,727 182 64 1,331 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Gross Margins (%) EBITDA Margins (%) PAT Margins (%) +199 bps +222 bps -529 bps 51.1% 10.5% 3.7% 45.8% 8.6% 1.5% Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 www.grpweb.com H1 Performance Highlights - Consolidated (in Rs. Mn) Total Income EBITDA PAT +28% +60% +185% 3,300 356 106 2,578 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 Gross Margins (%) EBITDA Margins (%) PAT Margins (%) +215 bps +177 bps -362 bps 50.6% 10.8% 3.2% 47.0% 8.6% 1.4% H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 www.grpweb.com Note: Starting FY25, sales of repurposed polyolefins is considered exclusively under our subsidiary 6 Segment Wise Quarterly Performance Trend – Standalone (in Rs. Mn) Rubber Recycling1 Others1 +27% +44% 1,525 145 1,437 1,205 1,228 1,309 121 119 646 768 101 Domestic Exports 679 815 791 757 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Positive Negative Total Positive Negative Total 7.9% 9.5% 26.3% 19.7% Q2 FY26 vs Q2 FY272 Q2 FY26 vs Q2 FY272 145 27 5 97 -223 -40 45 -48 EBITDA Q2 FY26 Income RM Other expenses EBITDA Q2 FY27 EBITDA Q2FY26 Income RM Other expenses EBITDA Q2FY27 www.grpweb.com 1. Excludes Other income, Here Rubber Recycling includes Reclaim Rubber, Custom Die Forms, Pyrova Energy & Others include Engineering Plastics, Renewable Energy 2. Includes Other income 7 Segment Wise Revenue Split – Standalone (in Rs. Mn) Rubber Recycling Others Revenue [Showing first 8,000 characters — download PDF for full document]