Press Release

San's“Ot La3 r Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad — 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 CIN : L10621GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Date: 06t November, 2026 7To, To, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai — 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 544217 Symbol - SANSTAR Dear Sir/Madam, Subject: Submission of Press Release Pursuant to regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulation 2015, and in continuation of our disclosure made from time to time, we hereby submit the enclosed Press Release and Earnings Presentation issued by the Company with respect to the Unaudited Standalone and Consolidated Financial Results for the Second Quarter and half year ended on 30th September, 2026. Thanking you, Yours faithfully, For, SANSTAR LIMITED Fagun Harsh Shah Company Secretary & Compliance Officer Membership No.: -A62163 Factory (1) : Gulabpura. Village : Karvand, Taluka : Shirpur, Dist. : Dhule — 425 405. Maharashtra (India) (2) : “Sanstar Nagar” Sukhpar Road, Post Sukapar, Village Morgar, Taluka Bhachau. Dist. Kutch-370 020. Gujarat (India) Q2 and H1 FY2027 Press Release Sanstar " Q2 FY27 Revenue from Operations at Rs. 2,183 Million, up 11.1% YoY Q2 FY27 Gross Profit at Rs. 708 Million, up 45.3% YoY with a margin of 32.4% Q2 FY27 Export Revenue at Rs. 755 Million, up 17.1% YoY Q2 FY27 EBITDA at Rs. 83 Million, with a margin of 3.8% Q2 FY27 PAT at Rs. 59 Million, with a margin of 2.7% Ahmedabad, 6" November 2026: Sanstar Limited (“Sanstar” or the “Company”) (BSE: 544217 | NSE: SANSTAR), India’s 2" largest producers of maize based specialty products and ingredient solutions in India, has announced its unaudited standalone and consolidated financial results for the quarter and half year ended 30t September 2026. Consolidated Financial Performance: Rs. Willion F$§7 F$§6 YooY F$;7 ;;7 che Revenue from Operations | 2,183 1,964 11.1% | 2,062 59% 4,244 3,661 15.9% Gross Profit 708 487 45.3% 689 2.7% 1,397 899 55.4% Gross Margin% 324% |24.8% 33.4% 329% | 24.5% EBITDA 83 14 515.6% 154 | (46.00% | 237 4 nm EBITDA Margin% 3.8% | 0.7% 7.5% 5.6% 0.1% PBT 80 9 767.4% 126 |[(36.4)% | 205 1 nm PBT Margin% 3.7% 0.5% 6.1% 4.8% 0.0% PAT 69 6 830.2% 92 (36.4)% | 151 3 nm PAT Margin% 2.7% 0.3% 4.5% 3.6% 0.1% EPS 0.29 0.03 0.50 0.78 0.02 Highlights for Q2 and H1 FY27: « Revenue from exports for Q2 FY27 was Rs. 755 million, compared to Rs. 645 million in Q2 FY26 and Rs. 723 million in Q1 FY27 representing an increase of 17.1% YoY and 4.5% QoQ « Revenue from exports for H1 FY27 reached Rs. 1,478 million « The Company commissioned its 3 MW captive solar power plant at Kutch, Gujarat Q2 and H1 FY2027 Press Release S(]n ${'C| |’M Commenting on the performance Mr. Gouthamchand Chowdhary, Chairman and Managing Director said: “The second quarter of FY2027 marked a period of continued improvement in Sanstar's operating performance, with stable plant operations and the benefits of higher manufacturing capacity becoming visible in the financial results. While the native starch market continues to remain competitive due to global pricing dynamics, the Company is benefitihg from improved operating efficiencies, a larger manufacturing scale and a wider product portfolio. During Q2 FY2027, Revenue from Operations was Rs. 2,183 million, growing 11.1% YoY compared to Q2 FY2026. Gross Profit for the quarter was Rs.708 million, with a margin of 32.4% as compared to 24.8% in Q2 FY26. For H1 FY2027, Revenue from Operations reached Rs. 4,244 million, while Gross Profit for the period was Rs. 1,397 million. The gross profit margin expanded to 32.9% as against 24.5% in H1 FY2026. The export business continued to contribute to the Company's operations during Q2 FY2027. Export turnover for the quarter was Rs. 755 million, compared with Rs. 645 million in Q2 FY2026, representing a growth of 17.1% YoY. Export turnover for H1 FY2027 reached Rs. 1,478 million. The increase in export turnover during the quarter was supported by steady demand from overseas customers and the Company's established presence across international markets. Improved geopolitical conditions and easing of regional uncertainties have also supported export shipments and market activity during the quarter. During the quarter, the Company also commissioned its 3 MW captive solar power plant at Kutch, Gujarat. The project was undertaken with an investment of approximately Rs. 75 Million. The plant is expected to meet approximately 40% of the Kutch facility's total electricity requirement and is expected to generate annual power cost savings of around Rs. 30 Million. This capacity adds to the existing solar and biogas based power capacity at Dhule, further strengthening the Company's renewable energy footprint and supporting its focus on reducing power costs. From an industry perspective, the Indian starch and starch derivatives market is expected to grow over the medium term. Growth is supported by increasing adoption of clean label and specialty starches across food and beverage categories, rising pharmaceutical applications and higher usage of starch based ingredients across industrial sectors. Looking ahead, the Company is entering the second half of FY2027 with expanded capacities, stable plant operations and a wider product portfolio. Sanstar remains focused on improving utilization of its manufacturing facilities, increasing the contribution of value added products and strengthening its presence across domestic and export markets. The Company will also continue to focus on disciplined cost management, improving operational efficiencies and increasing the share of renewable energy in its operations.” Q2 and H1 FY2027 Press Release Sanstar India’s #2 Maize-Based Specialty Products Manufacturer - 2,350 TPA Capacity Local Farmers (30%) Distributors (70%) Kutch, Gujurat Dhule, Maharashtra (1) D easant2l2) 350 TPD 750 TPD Wet |1Vii2IIi5r?gTF|:chess Wet Milling Process WetMilling Process Derivates FY2026-27 Modified Starch Derivatives Products Products Co Products + Maltodextrin Powder + Gluten « Germ « Yellow Dextrin i « Fiber . Oxiiddii zed Starch « Li-qq ui! d Glucose . Mai5 ze « White Dextrin « Liquid Dextrose Steep Liquor « Cationic Starch + Dextrose + Enriched Monohydrate Protein « Pregel Starch « Dextrose Anhydrous* « Dried Glucose Solids Animal Nutrition Food Food / Personal Care Industrial Food Paper Food (Dhule 2) Pharma Pharma (Dhule 2) Fermentation Industrial Q2 and H1 FY2027 Press Release Sanstar About Sanstar: Sanstar Limited is one of India's leading corn based specialty products and ingredient solutions companies, engaged in the manufacture of starch, glucose, modified starches, dextrose and other corn derivatives. Sanstar operates state of the art manufacturing facilities and serves a diverse range of industries including food and beverage, pharmaceuticals, animal nutrition, paper, and textiles. Sanstar is committed to sustainable, responsible manufacturing and consistently investing in technology led growth. Recently, Sanstar commissioned its new facility at Dhule plant, taking the total installed capacity from 1,100 TPD to 2,350 TPD of processing maize based specialty products. For more details, please visit: https://sanstar.in/ aEE, {y‘x&# 5 Churchgate SCI n 5* ar Investor Relations Fagun Shah Neha Dingria / Tahir Khinchi Company Secretary +91 73032 11037 investor@sanstar.in Sanstar@churchgatepartners.com Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for pr [Showing first 8,000 characters — download PDF for full document]