Investor Presentation

AI summary - Q1 FY27 revenue 7,888 Mn INR +13% y-y; EBITDA 795 Mn INR +33% y-y; PAT 276 Mn INR +49% y-y - Broad-based growth led by TERAI, Snoski, Brothers & Co; UP volumes 2.4x YoY, 0.2 mn cases/month - Manufacturing capacity utilization at 89%, ethanol demand growing ~7.5% p.a. - Prestige & Above consumer segment growing, premiumization driving margin expansion - Debt/Equity improved to 0.48 in FY26 from 0.54 in FY25, supporting deleveraging - Manufacturing and consumer segments contribute 60% and 40% of revenues respectively - EBITDA per litre improved to 6.5 INR in Q1 FY27 from 2.0 INR in FY25 - UP market identified as key growth platform with captive manufacturing and premium seeding - Company targets sustained free cash flow growth and margin expansion through integration