Investor Presentation

**1. Financial Highlights:** Kaveri Seed reported Q1 FY26 revenue of 945.31 Cr (+16.98% YoY), primarily from non-cotton segments (726.43 Cr, +31.30%). Cotton revenue was 218.83 Cr (-14.12%). PAT reached 316.50 Cr (+11.88%) and EBITDA 332.85 Cr (+13.68%). Cash on books declined to 477 Cr. **2. Strategic Initiatives & Growth Drivers:** The company's focus on non-cotton hybrids yielded strong realizations and revenue growth.

New cotton products now contribute 34% of volumes, poised to impact future cotton revenue.

Non-cotton segments like rice, maize, and vegetables show revenue growth outpacing volume, indicating robust market traction. **3. Business Developments:** Hybrid Rice volumes grew 6.48% (+32.29% revenue) despite regional restrictions.

Maize volumes surged 21% (+54.12% revenue), and Vegetables 28% (+41.49% revenue). Cotton sales faced headwinds from illegal seeds, leading to a 15% drop in hybrid cotton volumes and revenue. **4. Market Position & Competitive Advantage:** Kaveri Seeds leverages a diversified seed platform.

Strong non-cotton revenue growth despite challenges shows resilience.

The increasing contribution of new cotton products highlights continuous innovation as a competitive edge. **5. Investor Implications:** Strong non-cotton performance and growing impact of new cotton products signal positive growth potential.

Cotton segment challenges and declining cash on books warrant investor attention.