Oman India Fertiliser (OMIF) investor relations material

Executive summary

• Achieved record H1 2026 results with revenue up 44% and net profit up 48% year-over-year, reflecting strong operational performance, high plant utilization, and robust margins driven by efficiency and market conditions.

• Urea and ammonia production exceeded nameplate capacity, with urea utilization at 119% and ammonia at 107% for H1 2026.

• Maintained zero Lost Time Injuries since October 2019, achieving over 25.75 million safe man-hours.

• Listed on Muscat Stock Exchange in July 2026, enhancing transparency and shareholder engagement.

• Operational excellence and sustainable growth remain core priorities, with a focus on long-term shareholder value.

Financial highlights

• H1 2026 revenue reached OMR 192 million, up 43.9% year-on-year.

• EBITDA was OMR 99.7 million (51.9% margin), up 43.9% year-on-year.

• Net profit rose 48% to OMR 80.2 million (41.8% margin).

• Free cash flow was OMR 77.2 million, up 82.2% year-on-year.

• CapEx was OMR 3.6 million, down 51.9% due to maintenance phasing.

Outlook and guidance

• Market volatility expected to persist in H2 2026, with prices below April highs but above historical averages.

• Expansion plans depend on gas allocation; positive discussions ongoing with Integrated Gas Company.

• CapEx guidance for full year 2026 is $10–15 million.

• Next major plant turnaround scheduled for Q1 2027.

• Commitment to sustainable operations and long-term value creation continues.