Analysts/Institutional Investor Meet/Con. Call Updates

PFL/2026 August 24, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Tower Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 BSE Scrip Code: 500368 NSE Symbol: PATANJALI Dear Sir(s)/Ma’am, Sub.: Transcript of Earnings Conference Call Q1 FY27 of Patanjali Foods Limited (“the Company’) This is in continuation to our earlier letter dated August 17, 2026 and pursuant to Regulation 30 read with Schedule III and Regulation 46(2)(oa) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, please find attached transcript of the earnings conference call Q1 FY27 held on August 17, 2026. The aforesaid information will also be hosted on the website of the Company at www.patanjalifoods.com It is for your information and records please. Thanking you, Yours Faithfully, For Patanjali Foods Limited Ramji Lal Gupta Company Secretary Encl.: As above “Patanjali Foods Limited Q1 FY27 Earnings Conference Call” August 17, 2026 E&OE: THIS TRANSCRIPT IS EDITED FOR FACTUAL ERRORS. IN CASE OF DISCREPANCY, THE AUDIO RECORDINGS UPLOADED ON THE STOCK EXCHANGE ON AUGUST 17TH, 2026, WILL PREVAIL MANAGEMENT: MR. SANJEEV ASTHANA – CHIEF EXECUTIVE OFFICER – PATANJALI FOODS LIMITED MR. KUMAR RAJESH – CHIEF FINANCIAL OFFICER – PATANJALI FOODS LIMITED MR. PRIYENDU JHA – INVESTOR RELATIONS – PATANJALI FOODS LIMITED STRATEGIC GROWTH ADVISORS – IR PARTNER – PATANJALI FOODS LIMITED Page 1 of 13 Patanjali Foods Limited August 17, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Patanjali Foods Limited Q1 FY27 Earnings Conference Call. 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 the date of this call. These statements do not guarantee the future performance of the company and may involve risks and uncertainties that are difficult to predict. 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 star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Sanjeev Asthana, CEO, Patanjali Foods. Thank you, and over to you, sir. Sanjeev Asthana: Thank you, and good morning to everyone joining us today. A warm welcome to all of you on Patanjali Foods Limited's call to discuss the financial performance for Q1 FY27. I am accompanied by the company's CFO, Kumar Rajeshji, along with Mr. Priyendu Jha from Investor Relations and our IR partners, Strategic Growth Advisors. The results collateral has been uploaded on the stock exchanges as well as on the company's website for your reference. Let me now take you through a quick snapshot of our financial performance for the quarter. During the course of the call, we will be referring to the standalone financials. We continued to build on this momentum, delivering our fourth consecutive quarter of highest-ever quarterly revenues supported by healthy growth in profitability. Specifically, revenue from operations stood at INR11,337 crores, growing 29% year-on-year. Operating EBITDA for the period was INR543 crores with a margin at 4.80%, while profit before tax stood at INR453 crores, translating into PBT margin of 4%. Turning to the segmental performance now, our edible oil segment delivered quarterly revenue of INR8,505 crores, marking the highest-ever quarterly revenue with growth led primarily by the mustard oil. Quarterly EBITDA margin came in at 5.22%. On the oil palm plantation front, the company generated highest-ever quarterly revenue of INR740 crores in Q1 FY27. Revenues grew by 25% year-on-year. This growth is closely aligned with the Government of India's National Mission on Edible Oils - Oil Palm, which has strengthened farmer viability pricing and planting assistance to drive India towards self-reliance in edible oils. As of 30th June '26, the cultivated area stood at 1,15,861 hectares with nearly 37% of the area in the prime yielding phase of 7 to 25 years, against total allocated area of 6.63 lakh hectares. Turning now to our FMCG segment, the quarterly revenue stood at INR2,938 crores with EBITDA of INR190 crores and EBITDA margin of 6.45% in Q1 FY27. The segment contributed nearly 26% of revenues and nearly 30% of EBITDA, excluding unallocable income during the quarter. Within FMCG by category, the biscuits generated revenue of INR560 crores, registering Page 2 of 13 Patanjali Foods Limited August 17, 2026 year-on-year growth of 27%, reflecting continued consumer trust and preference, with EBITDA margin of 15.35% versus 9.35% in the same period last year. Revenue from consumer staples segment stood at more than INR1,000 crores in Q1 FY27. A confluence of weather and geopolitical factors are expected to create some challenges here, but healthy government grain inventories and timely policy intervention should help mitigate the impact. The textured soya product division recorded revenue of INR160 crores in Q1 FY27, growing 14% year-on-year and 50% quarter-on-quarter with EBITDA margin of over 18%. Our beverage portfolio generated revenue of INR38 crores, driven by extended summers aided by delayed onset of monsoon, as well as new product launches including mango chutney, mango panna juice, and orange juice. Ghee sales were softer during the quarter and generated revenue of INR219 crores, reflecting the seasonal nature of demand and lower summer off-take in export-oriented markets, particularly in the Middle East, where geopolitical tensions disrupted normal consumption and trade patterns. Our other food categories including honey, dry fruits, spices and condiments, herbal products, etc, collectively generated revenues of INR203 crores during the quarter. Revenue from nutraceuticals stood at INR18 crores with sports nutrition gaining significant momentum. Our Home and Personal Care business delivered a strong performance with a total revenue of INR629 crores in Q1 FY27. Within the category, the skin care emerged as a major revenue growth driver and dental care inched up on EBITDA and EBITDA margin side. The dental care segment generated revenues of INR325 crores, followed by skin care at INR165 crores. Home care revenue stood at INR83 crores, while hair care and other products generated INR56 crores. Let me now give you a brief overview of the operating environment. With a combination of delayed monsoon and West Asia conflict, we saw commodity price inflation in Q1. This cuts both ways for us. On one hand, we carry long positions in edible oils, so the resulting commodity price inflation has actually been a net positive for the business. On the other, the same inflation raises input costs for several of our FMCG businesses, weighing on their profitability. Net-net, the impact on Patanjali as a whole is smaller than it would be for a pure-play FMCG company, though we are operating in a challenging environment through this quarter and into the next. In edible oils, we had witnessed substantial drop, in veg oil, EBITDA last year; This, year, however, we are seeing inflation returning in volatile veg oil markets, driven largely by petroleum prices and genuine supply shortages across the spectrum. This is working in our favor, offsetting much of the input cost pressure elsewhere in the portfolio and keeps us on course to deliver both the growth and the overall margin construct we have Page 3 of 13 Patanjali Foods Limited August 17, 2026 guided to for the company, even after accounting for the raw material inflation flowing through from delayed monsoon. In this dynamic environment, we remain agile on pricing as input costs evolve. We took calibrated price increases in the edible oil [Showing first 8,000 characters — download PDF for full document]