Analysts/Institutional Investor Meet/Con. Call Updates

WBest nffotiterimited CIN : L74I lODLI992PLC116773 August 04,2026 National Stock Exchange of lndia Limited BSE Limited Exchange Plaza, C-1, Block-G, 2Stt Floor, P.|. Towers, Bandra - Kurla Complex Dalal Street, Mumbai-400001 Bandra (E), Mumbai-40005 1 SCR.IP CODE: 539660 SCRIP ID: BESTAGRO Sub: Transcript of Ol Earninss Conference Call - FY 2026-27 Dear Sir/Mam Pursuant to Regulation 30 of the Securities and Exchange Floard o1'lndia (Listing Obligations and f)isclosures Requirements) Regulations, 2015 (the "Listing Regulations"), please find enclosed herewith the transcript of earnings conference call for the quarter ended June 30" 2026 held on l-riday. July 31.2026. 'l'he above transcript is also available on the website of thc con)pirn\ i.e. www.le_gtaglo!jfe,c-om Submitted fbr your information and record. '['hanking You, vsuqlqil!rully, Fora Compliance C)fficer @ negd. Office & Corporole Office : B-4, Bhogwon Doss Nogor, Eost Puniobi Bogh, New Delhi-l 10026 ffi Phone, Ol I -45803300 | Fox: 0l I -450935'l 8 @ info@bestogrolife.com I www.besrogrolife.com MAKE IN INDIA Best Agrolife Limited Q1 FY 2027 Earnings Conference Call July 31, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Q1 FY27 Conference Call of Best AgroLife Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company as on date of this call. The statements are not the guarantee of future performance and involve risk and uncertainties that are difficult to predict. Today, from the management side, we have with us Mr. Surendra Sai, Executive Director and Mr. Vikas Jain – Chief Financial Officer. I would now like to hand the call over to Mr. Surendra Sai for his opening remarks. Thank you and over to you, sir. Surendra Sai: Good afternoon, everyone. A warm welcome to all. Thank you for joining us today to discuss Best AgroLife's financial performance for the 1st Quarter of the current financial year. This year started with an apprehension regarding the monsoons, primarily driven by the early indications of 2026 and part of 2027 being a super El Niño year. These early predictions indicated that in 2026 itself, El Niño could become the strongest event in the last 150 years and may push global temperatures to a record high, triggering extreme weathers. The impact on monsoons and its cascading effect on sowing and agriculture was a concern. In the 1st Quarter of FY27 the key observations were:  Delayed monsoons with irregular rainfall.  Above normal temperatures across several agricultural regions. Overall, as on date, the cumulative deviation from long-term average for rainfall is around 113%. The central region has hardly a deficit of 1%, while the deficit rainfall in the East and South is higher. We have been monitoring and adjusting our placement in alignment with the season dynamics. The current water storage situation across all reservoirs is at 81.5 billion cubic meters against Page 1 of 17 the expected level of 87.6 billion cubic meters. These are positive signs to tide over the rabi season, especially in the South, where reservoirs play an important role. As of now, reservoirs in the South are receiving inflows and we hope this will improve in the following months. Overall, the impact has been on seed treatment. Primarily, the demand has remained subdued due to the delayed planting, while lower crop establishment reduced the requirement for the first round of herbicide and insecticide applications primarily in soybeans, cotton, vegetables, chilies and groundnuts. These are major crops. Despite these seasonal challenges, I am pleased to share that Best AgroLife has delivered resilient performance during the quarter. We are also cautiously optimistic about the rabi season and our next few quarters. The revenue from operations increased 4% year-on-year to Rs. 396 crores. More importantly, our profitability improved significantly, with EBITDA growing 70% year-on-year and PAT doubling to a little bit or a little bit more than doubling to Rs. 41 crores. Gross margins expanded by 37%, while EBITDA margins reached 20%, reflecting on the strength of our differentiated product portfolio, disciplined pricing, operational efficiency and our focused cost management. The improvement in profitability demonstrates that our strategic initiatives over the past few years are translating into better quality earnings rather than merely higher volumes. Our differentiated product portfolio continues to gain strong acceptance among the farmers. And we also see the benefits of our digital outreach via social media as well as WhatsApp. We have been pruning our product portfolio with emphasis on patented products, and we have increased the branded contribution of our patented portfolio from 45% last year Q1 to 64% in this quarter. Our products such as BEST MAN, Fetagen, Warden Extra, Ronfen, and Tricolor continue to perform well over the key crop segments including paddy, cotton, sugarcane and vegetables. We have been in touch with the farmers at ground level to be able to understand their feedback and we have had consistently good feedback and this has been encouraging. We are also observing the repeat purchases and we hope this will continue to increase as we consolidate our farmer confidence. Our recently launched products are also progressing well and we have always been committing to continue to introduce key patented products and key specialized products which will help our farmers. Our new product portfolio, Fluzam, has demonstrated excellent efficiency in the ground level segment treatment. Cubax PowerExtra has delivered promising field performance and is expected to contribute meaningfully during the second half of the financial year. Similarly, based on our market feedback, we introduced a new PGR portfolio and while this witnessed a relatively slow start Page 2 of 17 due to the delayed crop growth, however, as the crop enters the active vegetative phase, we expect the demand to improve from the second quarter onwards. The ground feedback that we have been receiving for the PGR portfolio has been positive. Across the country, we continue to invest in farmer engagement through field demonstrations, seed limiting, village campaigns, farmer interactions, Mandi activations, and putting a lot of focus on our digital awareness program. These initiatives are strengthening our brand recall and accelerating the farmer adoption of our differentiated technology. We also continue to remain focused on improving operational efficiency. Our gross margin expansion was supported by a favorable product mix, selective price increases, and disciplined procurement and manufacturing practices. At the same time, we maintain tight control over our operating costs while continuing to invest in the market development activities. Working capital has remained an area of focus and during the quarter, our inventory levels reduced compared to the same period last year, reflecting our emphasis on inventory optimization and efficient capital utilization. We continue to progress in the international market with successful product registrations happening in Nepal, Thailand, Vietnam, and Mexico. Our regulatory approval for patented products has also been approved for being fast-tracked in Sri Lanka. Looking ahead, the outlook remains encouraging. Monsoon activity has improved across most agricultural regions. As crops move into vegetative and reproductive cycles, we expect demand for herbicides, insecticides, fungicides, and PGRs. to improve during the following quarters. Our strategy remains unchanged. We will continue to str [Showing first 8,000 characters — download PDF for full document]