Annual Report for FY 2025-26

Gem Aromatics Limited Manufacturer & Exporters of Essential Oils & Aromatics Chemicals Registered Office: A/410-411, A-Wing, Kailash Ind. Complex, Powai Vikhroli link Rd, Vikhroli West, Mumbai-400079. Maharashtra, India, Tel No: +91-2225185231/25185931 CIN: L24246MH1997PLC111057 Date: July 28, 2026 To To Listing / Compliance Department Listing / Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai – 400001 Bandra Kurla Complex Bandra (E), Mumbai – 400051 BSE SCRIP CODE: 544491 NSE SYMBOL: GEMAROMA Dear Sir/ Madam, Subject: Annual Report of the Company for the financial year 2025-26 along with the Notice convening the 29th Annual General Meeting Pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith a copy of Annual Report for the financial year 2025-26 along with the Notice of the 29th AGM is scheduled to be held on Wednesday, August 19, 2026, at 11:30 a.m. (IST) through video conferencing. Further, in accordance with the Regulation 36(1)(b) of the SEBI Listing Regulations, the Company is also sending a letter to the Shareholders whose e-mail addresses are not registered with the Company/RTA/DPs, providing a weblink from where the Annual Report 2025-26 can be accessed on the website of the Company. The Annual Report along with the Notice of 29th AGM of the Company for the financial year 2025-26 have also been made available on the website of the Company at www.gemaromatics.com. We request you to kindly take the above on record. Thanking you, Yours faithfully, For Gem Aromatics Limited Akshita Deepak Gohil Company Secretary & Compliance Officer Enclosed: As Above Corporate Office: A/503, Kailash Ind. Complex, Powai Vikhroli link Rd, Vikhroli (W), Mumbai, Maharashtra, India, Pin # 400079. Facility 1: Plot No 2, Survey No.16/4/2, Near Alok Industries, Village Rakholi, Silvassa, Dadra & Nagar Haveli, Pin # 396230. Facility 2: Khasara No 8,9,10,126, Village Gathona, Ujhani Budaun Road, District: Budaun, UP, India, Pin # 243639. E-mail: secretarial@gemaromatics.in Web: www.gemaromatics.in Resilience. Scaling Capabilities. Strengthening Core. Annual Report 2025-26 Contents Corporate Overview Operational Highlights About Gem Aromatics 02 Listed on NSE & BSE Product Portfolio 04 Manufacturing Facilities 06 strengthening governance and growth platform Presence 10 Key Milestones 12 Dahej facility Message from the Whole-Time Director 14 Message from the Chairperson, commissioned Whole-Time Director & CFO 15 investment of E270 Crs with Total Production Message from Managing Director & CEO 16 capacity of 10,871 MTPA Key Performance Indicators 18 Robust R&D Capabilities 20 Sustainability 22 Entered specialty Corporate Social Responsibility 24 segments Board of Directors 26 Statutory Reports cooling agents, citral derivatives; phenol derivatives upcoming Management Discussion and Analysis 28 Board of Director’s Report 36 Corporate Governance Report 56 New products Financial Statements commercialised Standalone 76 Consolidated 128 expanding specialty product portfolio Notice 176 R&D strengthened with advanced technologies for efficiency Investor Information and quality Market Capitalisation ₹ 721 Crores as on 31st March 2026 (NSE) Global certifications NSE Symbol GEMAROMA BSE Code 544491 underway CIN L24246MH1997PLC111057 AGM Date August 19, 2026 reinforcing compliance and standards AGM Venue/Mode Video Conferencing / Other Audio Visual Means Business Highlights 16,171 MTPA Vision and Mission Total Capacity Gem Aromatics Limited, established in 1997, has become a leader in the development and manufacturing of essential oils, aroma chemicals, and value-added ingredients. Our focus on quality, innovation, and customer-centric solutions drives us to support global markets with reliable (225 Domestic + 44 Global) Clients supply and technical expertise. Resilience. Scaling Capabilities. Strengthening Core. Gem Aromatics Limited (GAL’s) growth journey is anchored in a clear and disciplined approach-building resilience, scaling capabilities, and continuously strengthening its core. In an evolving global environment marked by shifting demand patterns and increasing complexity, the Company has focused on creating a robust foundation that supports sustainable and adaptable growth. Resilience is reflected in GAL’s diversified specialty ingredients portfolio, balanced geographic presence, and integrated manufacturing operations. By reducing dependence on any single product segment or market, the Company has built the ability to navigate volatility while maintaining consistency in performance. Scaling Capabilities remain central to GAL’s strategy. Investments in advanced manufacturing plant, process innovation, and capacity expansion-particularly at Dahej are enabling the Company to grow efficiently. It is also enabling entry into high-value specialty molecules across Cooling Agents, Phenol Derivatives, and Citral Derivatives. This strengthens its competitive positioning across global markets. Strengthening the Core underscores GAL’s continued emphasis on operational excellence, quality assurance, innovation, sustainability, and globally compliant manufacturing practices. From sourcing and manufacturing to customer engagement and governance, the Company is reinforcing its fundamentals to support long-term value creation. Together, these pillars define GAL’s strategic direction-building a future- ready organisation that is agile, competitive, and well-positioned to capture emerging opportunities. About Gem Aromatics Gem Aromatics Limited (GAL) is an Indian specialty ingredients manufacturer of essential oils, aroma chemicals, and value-added derivatives, catering to the flavour, fragrance, personal care, wellness, and pharmaceutical industries. Dahej Facility of Krystal Ingredients Private Limited (KIPL) (Wholly Owned Subsidiary) Established in 1997 and headquartered in Mumbai, We offer a diversified portfolio of natural essential oils, Maharashtra, we have built a fully integrated manufacturing including mint, clove, and eucalyptus oils, along with their and innovation ecosystem serving global flavour, derivatives and high-value specialty molecules, catering to fragrance, personal care, wellness, and pharmaceutical a broad spectrum of industrial applications. markets. Our strategically located manufacturing facilities across Uttar Pradesh, Dadra & Nagar Haveli, and We serve a diversified customer base across domestic Gujarat are complemented by our dedicated Research and international markets, supplying essential oils, aroma & Development centre in Taloja, Maharashtra, enabling chemicals, and value-added derivatives to leading global continuous product innovation, process optimisation, and flavour and fragrance houses, FMCG companies, and technology advancement. pharmaceutical manufacturers. Backed by our integrated manufacturing footprint in India, we deliver reliable Our state-of-the-art manufacturing facilities are equipped supply, superior product quality, and stringent regulatory with advanced end-to-end processing capabilities, compliance, reinforcing our position as a trusted partner in including distillation, chemical transformation, blending, the global aroma and specialty chemicals industry. and comprehensive quality testing, ensuring consistent quality, operational excellence, and compliance with global standards. 02 Gem Aromatics Limited Corporate Overview Statutory Reports Financial Statements Values Key Strengths Uncompromising Quality Established Legacy Quality is our non-negotiable cornerstone. Decades of industry experience underpin We utilise state-of-the-art analytical a strong reputation for trust and labs to ensure every batch of essential expertise, blending traditional values with oils meets the highest international scalable, modern manufacturing. purity standards. [Showing first 8,000 characters — download PDF for full document]