Jubilant Agri Q1 FY27 Consolidated PAT Up 4% YoY

Date: August 11, 2026

Q1 FY27 Performance (INR MN):

Revenue from Operations: ₹5,232 (up 18% YoY from ₹4,419; up 8% QoQ from ₹4,852)
EBITDA: ₹680 (up 7% YoY from ₹634; up 109% QoQ from ₹325)
EBITDA Margins: 13.00% (down 135 bps YoY from 14.35%; up 630 bps QoQ from 6.70%)
PBT: ₹616 (up 6% YoY from ₹582; up 132% QoQ from ₹266)
PAT: ₹461 (up 4% YoY from ₹441; up 132% QoQ from ₹199)
PAT Margins: 8.81% (down 117 bps YoY from 9.98%; up 471 bps QoQ from 4.10%)
Total Comprehensive Income: ₹461 (up 4% YoY from ₹442; up 121% QoQ from ₹207)
Diluted EPS: ₹29.96 (up 4% YoY from ₹28.74; up 132% QoQ from ₹12.90)

Expense Breakdown (INR MN):

Total Expenses: ₹4,552 (up 20% YoY from ₹3,785; up 1% QoQ from ₹4,527)
Depreciation and amortisation: ₹49 (up 23% YoY from ₹40; up 2% QoQ from ₹48)
Finance costs: ₹23 (up 28% YoY from ₹18; up 44% QoQ from ₹16)
Other Income: ₹8 (up 33% YoY from ₹6; down 53% QoQ from ₹17)
Tax: ₹155 (up 10% YoY from ₹141; up 131% QoQ from ₹67)
Exceptional Item: None in Q1 FY27 or Q1 FY26 (Q4 FY26 had ₹12)

Segment Sales (INR MN):

Segment Results/EBIT (INR MN):

Performance Polymers & Chemicals (73% of portfolio):

Expanded product portfolio in waterproofing segment through introduction of new SBR latex with successful approval from key customers
Export volumes impacted by geopolitical disruptions and logistics challenges in key international markets
Domestic demand remained resilient in Q1-FY27
Successfully navigated inflationary pressures through proactive pricing actions
New SBR latex capacity expansion (30,000 MTPA) to be completed by end of Q3-FY27

Adhesives:

Achieved strong double-digit revenue growth driven by broad-based volume gains
Strengthened market leadership through expanded channel penetration and distribution footprint
Delivered margin expansion through cost optimization and productivity enhancement
Commissioned new polymer (adhesives) manufacturing facility at Samlaya, Gujarat at end of Q1-FY27

Agri Products (27% of portfolio):

Demand remained subdued due to weak and uneven monsoon across key operating regions
Higher input costs partially offset through price increases
Agri Nutrient business delivered high double-digit growth with improved profitability
Input costs increased due to significant rise in key raw materials from geopolitical disruptions
Working capital deployment remained high

Brownfield Expansion:

Income Statement (INR MN):

| Particulars | FY24 | FY25 | FY26 |

| Revenue | 12,533 | 15,610 | 18,911 |

| EBITDA | 1,072 | 1,457 | 1,960 |

| EBITDA Margins | 8.55% | 9.33% | 10.36% |

| PAT | 297 | 878 | 1,279 |

| PAT Margins | 2.37% | 5.62% | 6.76% |

| Diluted EPS (INR) | 18.44 | 57.17 | 83.31 |

Balance Sheet (INR MN) - FY26:

Agri Business Demerger:

Scheme approved by Board on November 4, 2025, for demerger between Jubilant Agri and Consumer Products Limited and Jubilant Agri Solutions Limited
Provides for demerger and transfer of Agri Division from Demerged Company to Resulting Company
Share exchange ratio: 1:1 (one fully paid-up equity share of Resulting Company for each share of Demerged Company)
Received No Objection Certificates from NSE and BSE on April 17, 2026
NCLT Allahabad Bench order dated July 8, 2026, directed convening of shareholder and unsecured creditor meetings on September 5, 2026
Scheme subject to receipt of requisite approvals from statutory authorities and shareholders/creditors

As of June 30, 2026:

Shareholding Pattern (As of June 30, 2026):

Company-wide Outlook:

Geopolitical uncertainties and delayed & uneven monsoons may impact consumer demand and input costs
Export demand may continue to face near-term volatility amid ongoing geopolitical tensions

Agri Products Outlook: