Rain Industries (RAIN) investor relations material

Executive summary

• Q1 2026 revenue from operations reached ₹45.21 billion, up 20% year-over-year, with adjusted EBITDA at ₹7.15 billion, a 65% increase from Q1 2025.

• Adjusted net profit after tax was ₹1.25 billion, and adjusted EPS stood at ₹3.70.

• Board approved unaudited standalone and consolidated financial results for Q1 ended March 31, 2026, with unmodified auditor review reports.

• Results reviewed and recommended by Audit Committee and approved by Board on May 7–8, 2026.

• Capital expenditure totaled US $10 million, with liquidity at US $362 million and no major term debt maturities until October 2028.

Financial highlights

• Consolidated revenue for Q1 2026 was ₹45,207.30 million, up from ₹37,680.16 million in Q1 2025, with adjusted EBITDA of ₹7.15 billion and an adjusted EBITDA margin of 15.8%.

• Consolidated net profit for Q1 2026 was ₹1,578.64 million, compared to a net loss of ₹1,151.04 million in Q1 2025.

• Standalone revenue from operations for Q1 2026 was ₹415.91 million, up from ₹369.86 million in Q1 2025.

• Net cash inflows from operating activities increased by ₹12.93 billion year-over-year, driven by improved profitability.

• Basic and diluted EPS (consolidated) for Q1 2026 was ₹3.61 (not annualised), versus ₹(4.09) in Q1 2025.

Outlook and guidance

• Focus on strengthening the business model across all segments and developing alternative raw material sources to mitigate supply disruptions.

• Emphasis on leveraging R&D for new raw materials and monitoring markets for debt optimization opportunities.

• Management continues to monitor regulatory and geopolitical risks, especially regarding Russian subsidiaries and compliance with sanctions.

• No significant impact from Russia-Ukraine conflict anticipated on financial results.