Orkla India Ltd. · NSE:ORKLAINDIA
Orkla India — Q2 FY27 Earnings Presentation
21 slides from Orkla India's earnings presentation, Nov 4, 2026
Slide 1: Exchange filing cover letter for investor presentation
November 04, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544595 Scrip Symbol: ORKLAINDIA Subject: Investors /Analysts’ Presentation o
Slide 2: Investor presentation for the quarter ended 30 September 2026
04 November 2026 Investor presentation for the quarter ended 30 September 2026
Slide 3: Disclaimer
Disclaimer This presentation (“Presentation”) prepared by Orkla India Limited ("Company") does not constitute or form part of and should not be construed as a prospectus, offering circular or offering memorandum or an offer to sell or issue or the solicitation of an offer to buy or acquire securitie
Slide 4: Agenda
Agenda 01 Orkla India introduction 02 Key business highlights 03 Financial performance 04 Additional information 3
Slide 5: Orkla India introduction
01 Orkla India introduction 4
Slide 6: Orkla India: Trust, authenticity and taste for decades
Orkla India: Trust, authenticity and taste for decades Multi-category Indian Deeply rooted in South Catering to every meal FY’26 Revenue-mix food company Indian culinary heritage occasion South India Rest of India Spices Spices & Convenience International Convenience foods foods 9% 21% 35% #1 in Kar
Slide 7: Key business highlights
A ‘Orkla INDIA 02 Key business highlights
Slide 8: Q2'FY27 executive summary
Q2’FY27 executive summary High teens revenue growth Revenue from sale of products grew by 18.4% yoy, with volume growth of 2.9% yoy Spices led category growth Spices grew 25.1% yoy, while Convenience Foods delivered 7.7% yoy growth despite the festive-calendar shift Broad based geographic growth Dom
Slide 9: Project Bolt bolstering digital commerce play through brand investments and innovation
Project Bolt bolstering digital commerce play through brand investments and innovation FOCUSED INTERVENTIONS SCALING D-COM GROWTH Digital commerce revenue contribution in domestic market Demand generation in d-com through brand investments 10.0% Scaling content in social media Increasing consumer re
Slide 10: Status update on Kerala distribution re-structuring
Status update on Kerala distribution re-structuring What we want to achieve Where we are today Timelines Status Sales productivity1 Effective coverage1 1.14x 1.27x Build convenience foods Convenience Feb 2026 June 2026 1x foods 1x 1.06x 1.10x Q4'FY26 Q1'FY27 Q2'FY27 Strengthen market share in Volume
Slide 11: Financial performance
A ‘Orkla INDIA 03 Financial performance
Slide 12: Q2'FY27 performance: growth led by pricing and supported by volumes
Q2’FY27 performance: growth led by pricing and supported by volumes Volume growth 8.5% 7.7% 5.4% 2.2% 1.7% 2.9% 18.4% 11.5% Revenue from sale of products^ 6.8% 6.2% 5.8% growth yoy 4.1% Q1’FY26 Q2’FY26 Q3’FY26 Q4’FY26 Q1’FY27 Q2’FY27 124 115 112 110 EBITDA# (INRcr) 102 100 & 18.7% 16.9% 16.1% 16.0%
Slide 13: Consolidated Q2'FY27 revenue breakdown
Consolidated Q2’FY27 revenue breakdown Revenue from operations* (INRcr) Revenue by category (INRcr) Revenue by geography (INRcr) Revenue from sale of products Spices Domestic Other operating income Convenience Foods International +19.4% +18.4% +18.4% 776 769 769 7 650 650 650 145 1 271 130 252 769 6
Slide 14: Consolidated Q2'FY27 profitability breakdown
Consolidated Q2’FY27 profitability breakdown 16.9% 15.9% 6.3% excluding the Commentary impact of PLI# +12.6% EBITDA^ ❑ EBITDA grew 12.6%, while margin 124 declined 1.0pp, primarily reflecting higher (INRcr) yoy 110 input costs and investments in Project Bolt (refer slide #18 for EBITDA evolution) ❑
Slide 15: Consolidated H1'FY27 performance
Consolidated H1’FY27 performance Revenue from operations^ (INRcr) EBITDA (INRcr) PAT* (INRcr) 5.9% 8.0% 2.3% 16.9% 17.8% 16.6% 11.9% 12.5% 12.4% 6.7% excluding the 2,509 424 impact of PLI# 298 +15.1% +7.8% +14.4% 1,435 239 178 1,247 221 156 FY26 H1’FY26 H1’FY27 FY26 H1’FY26 H1’FY27 FY26 H1’FY26 H1’F
Slide 16: Closing remarks
Closing remarks 15
Slide 17: Additional information
04 Additional information 16
Slide 18: Key commodities' price trend based on consumption
Key commodities’ price trend based on consumption (12.3%) 48.2% 1.30 1.18 Spices 1.00 1.00 0.94 0.89 0.88 0.90 1.00 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Q1’27 Q2’27 1.12 1.17 1.10 1.08 1.11 1.08 1.00 1.02 1.03 Wheat Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Q1’27 Q2’27 1.06 1.06 1.12 1.00 0.98
Slide 19: EBITDA margin evolution
EBITDA margin evolution In INRcr 424 Commentary 396 344 312 ❑ Between FY’23 and FY’26, we delivered ~250 bps of EBITDA margin expansion, 239 largely driven by operating efficiencies and partly supported by commodity 16.9% deflation 16.6% 16.6% ❑ Sustaining healthy EBITDA margins in 14.6% H1’FY27 ins
Slide 20: Consolidated financial summary
Consolidated financial summary Units Q2 FY'27 Q2 FY'26 H1 FY'27 H1 FY'26 FY'26 Revenue from operations ₹ cr 776 650 1,435 1,247 2,509 Revenue from operations YoY growth % 19.4 4.9 15.1 5.4 4.8 Consolidated volume growth (only tonnage) % 2.9 7.7 2.3 8.0 5.9 Revenue by product categories Spices ₹ cr 4
Slide 21: Thank you
Thank you Contact details for institutional investors: Siddharth Borkar Head – M&A and Investor relations [email protected] Contact details for retail investors: [email protected] Contact details for media: [email protected] 20