Revision Notice Summary

The company submitted a revision to its press release dated August 4, 2026, regarding unaudited financial results for Q1 FY27 (quarter ended June 30, 2026). The revision specifically corrects PAT Margins (%) figures that were inadvertently incorrect in the original press release. The company clarifies that there is no change to the actual unaudited financial results approved by the Board of Directors and already submitted to the stock exchanges. The revision is limited only to the press release document.

Q1 FY27 Financial Performance

Key Financial Metrics

| Metric | Q1 FY27 | Q1 FY26 | YoY Growth | Q4 FY26 | QoQ Growth | FY26 Full Year |

| Revenue from Operations (₹ crores) | 663.7 | 427.9 | 55.1% | 694.7 | -4.5% | 2,287.1 |

| EBITDA (₹ crores) | 61.9 | 44.3 | 39.6% | 44.5 | 39.2% | 225.2 |

| EBITDA Margins (%) | 9.3% | 10.4% | - | 6.4% | - | - |

| Profit after Tax (₹ crores) | 36.6 | 16.1 | 127.6% | 20.0 | 83.6% | 103.3 |

| PAT Margins (%) | 5.5% | 3.8% | - | 2.9% | - | 4.5% |

Performance Highlights

  • Revenue stood at ₹663.7 crores in Q1 FY27, growing by 55.1% year-over-year
  • EBITDA for the quarter stood at ₹61.9 crores compared to ₹44.3 crores in Q1 FY26
  • PAT showed robust growth of 127.6% in the quarter and stood at ₹36.6 crores

Strategic and Operational Updates

Distribution Expansion

  • Expanded distribution network in Oman through collaboration with Al Tasnim Group

Brand Building Initiatives

  • Appointed Collective Artists Network as official celebrity engagement partner for strengthening brand visibility and enhancing consumer engagement

Management Commentary

Mr. Jagdish Kumar Suri, Chairman & Managing Director, commented on the results:

Performance Drivers

  • Consolidated revenue increased by 55.1% YoY to ₹663.7 crore, reflecting sustained demand across markets, continued expansion in distribution network, and strong execution across the business
  • EBITDA grew by 39.6% YoY to ₹61.9 crore, demonstrating strength of operating platform despite significantly higher revenue base
  • PAT growth of 127.6% YoY to ₹36.6 crore underscores benefits of operating leverage, disciplined cost management, improved financial efficiencies, and focus on enhancing profitability

Market Conditions

  • Demand remained robust across key markets, supported by increasing consumer preference for trusted branded rice products
  • Diversified revenue mix provides resilience while enabling capitalization on opportunities across multiple geographies
  • Global operating environment witnesses periodic uncertainties, including fluctuations in freight and logistics costs arising from geopolitical developments

Risk Management

  • Company remains well positioned to manage challenges through diversified sourcing strategy, strong customer relationships, and ability to effectively pass on incremental costs wherever required
  • These factors support stability of margins and overall business performance

Outlook

  • Confident in sustaining growth trajectory supported by strong demand fundamentals, continued investments in brand building, wider distribution reach, and increasing market penetration
  • Strengthened balance sheet, disciplined execution, and focus on operational excellence position company well to capitalize on emerging opportunities

Company Background

Amir Chand Jagdish Kumar (Exports) Ltd, established in 2003, is one of India's leading producers and exporters of basmati rice. The company operates under the flagship brand Aeroplane Rice and markets a diverse portfolio of rice varieties through other in-house brands including La-Taste, Alibaba, World Cup, Hani, Palm Tree, Budallah, Sophia, and Al Jazira.

The company ranks 3rd among its peer set in terms of revenue and is among the few Indian branded rice players that have ventured into FMCG staples. It has the 3rd largest installed production capacity compared to peers.