KRBL Limited submitted an investor presentation to the National Stock Exchange of India Limited and BSE Limited regarding its unaudited consolidated financial results for Q1 FY2027 (ended June 30, 2026), pursuant to Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

  • Q1 FY27 consolidated total income stood at ₹1,561 crore, with gross profit of ₹566 crore (36.3% margin), representing a 36% YoY increase in gross profit
  • EBITDA reached ₹372 crore (23.8% margin), a 65% YoY increase from ₹237 crore in Q1 FY26
  • Profit After Tax (PAT) was ₹261 crore (16.7% margin), showing a 73% YoY growth from ₹155 crore in Q1 FY26
  • Cost of goods sold decreased 17% YoY to ₹995 crore from ₹1,080 crore
  • Employee benefits expenses increased 15% YoY to ₹55 crore from ₹48 crore in Q1 FY26
  • Finance costs reduced to ₹1 crore from ₹4 crore YoY, while tax expenses increased to ₹87 crore from ₹55 crore YoY

Balance Sheet and Working Capital

  • Total inventory as of June 30, 2026 was ₹2,994 crore compared to ₹2,953 crore as of June 30, 2025
  • The company maintains strong credit ratings: ICRA AA(Stable) and ICRA A1+; CARE A1+
  • Net bank debt decreased due to lower net working capital and internal accruals
  • The company highlighted robust cash flow generation with low debt dependence

Domestic Business Performance

  • Domestic revenue (excluding power revenue) grew 14% YoY to ₹1,221 crore in Q1 FY27
  • Revenue growth driven by 11% increase in rice realization
  • KRBL maintains market leadership with 38% market share in packaged basmati rice (MAT June'26 per Nielsen)
  • Strong distribution network with over 850+ distributors and presence in 3.3 lakh retail outlets
  • Household penetration across urban India remains strong

Export Business Performance

  • Export revenue declined YoY due to lower shipments to Middle East region
  • Exports to other regions increased 37% YoY
  • India remains the #1 rice exporter globally with 85% share of basmati market exports
  • FY26 saw 8% volume growth in basmati rice exports from India
  • Middle East accounts for nearly 3/4th of India's basmati exports

New Product Launch

  • Launched India Gate Light & Fluffy Poha in June 2026, entering the breakfast staples category
  • Product features whole flakes sourced from South Gujarat requiring only one wash
  • Initially launched in 22 cities across North India with positive response and rapid adoption
  • Expansion to additional cities ongoing

Market Position and Capacity

  • FY26 total income: ₹6,098 crore; EBITDA margin: 10.5%; PAT margin: 15.8%
  • Market capitalization as of June 30, 2026: ₹8,589 crore
  • Unparalleled processing capacity with largest rice milling plant in Punjab
  • KRBL enjoys significant pricing power with premium basmati realization compared to India's average export realization
  • Strategically located manufacturing and procurement facilities

Marketing and Brand Initiatives

  • "Worth the Wait" April Fool's campaign generated 45 Mn+ engagement for India Gate Classic's aging story
  • Mother's Day campaign focused on 'Kartavya' value, calling out digital greetings replacing real effort
  • Father's Day campaign honored 'Tyaag' (sacrifice) values passed on by fathers
  • Won multiple awards including ET Awards for design, Barclay's Family Business Awards, and LACP Awards for annual report

The presentation contains forward-looking statements subject to risks including market conditions, macroeconomic factors, regulatory changes, competitive pressures, and other unknown factors that could cause actual results to differ materially from expectations.