Trualt Bioenergy Limited · NSE:TRUALT
Trualt Bioenergy — Q2 & H1 FY26 Earnings Presentation
36 slides from Trualt Bioenergy's earnings presentation, Nov 11, 2025
Slide 1: Exchange filing cover letter
Date: November 11, 2025 BSE Limited, National Stock Exchange of India Limited, Department of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400001 Mumbai-400051 Scrip Code: 544545 ISIN: INE0MWH01014 Symbol: TRUA
Slide 2: Investor Presentation Q2 & H1 FY26
INVESTOR PRESENTATION Q2 & H1 FY 26
Slide 3: Safe Harbour Statement and Legal Disclaimer
SAFE HARBOUR STATEMENT AND LEGAL DISCLAIMER This investor presentation has been prepared by TruAlt Bioenergy and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered
Slide 4: Contents
CONTENTS 01Company 02 Management 03 Long Term 04 Sector Overview 06 Key Financial 09 Segment-wise 20 Consolidated Overview Commentary Highlights Highlights Financial Highlights Financial Perfomance 23Standalone 27Extract of 28Ratio 29 Company’s 30 Sectoral Events Financial Perfomance Balance Sheet A
Slide 5: Company Overview
COMPANY OVERVIEW MANUFACTURING FACILITIES AND CAPACITIES One of India’s largest Ethanol biofuels players. 5 units - 2000 KLPD | 1300 KLPD Dual Feed Largest Ethanol Installed Capacities producer in India based on Unit 2 installed capacity 1 UNIT 1 4 UNIT 4 Mudhol, Karnataka Kerakalmatti, Karnataka Un
Slide 6: A Message from the Managing Director
A MESSAGE FROM THE MANAGING DIRECTOR Commenting on the performance for Q2FY26, Mr. Vijay Nirani (Managing Director of TruAlt Bioenergy Limited), said: While this quarter’s results may appear We have also fortified our foundation with secure In the Sustainable Aviation Fuel (SAF) vertical, feedstock
Slide 7: Our Long Term Highlights
OUR LONG TERM HIGHLIGHTS OPERATIONAL DUAL-FEED ADDITIONAL INCOME: CAPACITY RAMP-UP INTEGRATION BY-PRODUCTS ▪ Units 1 (700 KLPD), 2 (500 KLPD) and 4 (200 KLPD) ▪ 1,300 KLPD out of 2000 KLPD (65%) of total capacity is ▪ Dual-feed enables incremental revenue from carbon dioxide underwent temporary shut
Slide 8: Biofuels Sector Overview - Global
BIOFUELS SECTOR OVERVIEW - GLOBAL Biofuels continue to play an important and biomass-based diesel primarily role as a renewable alternative to fossil from vegetable oils such as soybean, transportation fuels. rapeseed, and palm oil. Biofuel consumption is projected to grow Notably, India has experie
Slide 9: Biofuels Sector Overview - India
BIOFUELS SECTOR OVERVIEW - INDIA India is the fastest growing bioenergy market in the world between 2023 and 2030 accounting more than a third of global bioenergy demand growth. India has established its overall bioenergy ambitions through a series of targets supported by enabling policies such as g
Slide 10: Q2 & H1 FY26 Performance
Q2 & H1 FY 26 PERFORMANCE SHORT TERM DIP FOR LONG TERM LEAP: TruAlt integrated 1,300 KLPD of dual-feed capacity into its 2,000 KLPD installed capacity and undertook four months of planned, safety-led shutdowns to enable the transition. As a result, the Ethanol Vertical has transitioned from a season
Slide 11: Segment-wise Highlights H1 FY26
SEGMENT-WISE HIGHLIGHTS H1 FY 26 Highlights for H1 - Ethanol Highlights for H1 - CBG Highlights for H1 - Retail Fuel ₹ 435.60 Cr. ₹ -42.64 Cr. ₹ 20.70 Cr. ₹ 9.71 Cr. ₹ 5.67 Cr. ₹ 0.08 Cr. Total Income PAT (Loss) Total Income PAT Total Income PAT -28% (YoY) -2% (YoY) 65% (QoQ) (YoY) 659% (YoY) (QoQ)
Slide 12: Consolidated Revenue Mix - H1 FY26
CONSOLIDATED REVENUE MIX - H1 FY 26 CONSOLIDATED REVENUE MIX (%) ₹ in Cr. Product Revenue Ethanol 307.01 ENA 73.77 CBG 20.34 Retail Fuel 5.67 Others 4.80 Total 411.59 Ethanol ENA CBG Retail Fuel Others 1G ETHANOL COMPRESSED BIOGAS EXTRA NEUTRAL ALCOHOL CO2 FERMENTED ORGANIC MANURE INVESTOR PRESENTAT
Slide 13: Ethanol Segment
ETHANOL_ SEGMENT~ j
Slide 14: India's Largest Ethanol Capacity, Transitioning to Year-Round Operations
India’s Largest Ethanol Capacity, transitioning from Seasonal to “Full Year-Round Operations” model 5 Manufacturing Units 2,000 KLPD Installed Capacity | Dual-Feed Integration of 1300 KLPD (65% of Installed Capacity) UNIT 1 UNIT 2 UNIT 3 UNIT 4 UNIT 5 Unit & Location Installed Capacity Dual Feed Fee
Slide 15: Ethanol Segment Performance
ETHANOL SEGMENT PERFORMANCE TruAlt integrated 1,300 KLPD of dual-feed capacity into its 2,000 KLPD installed capacity and undertook four months of planned, safety-led shutdowns to enable the transition. As a result, the Ethanol Vertical has transitioned from a seasonal producer to a stable, almost "
Slide 16: Ethanol Production in FY24, FY25 and H1 FY26
Ethanol production in FY 24, 25 and H1 FY 26 FY 24 FY 25 FY 26(H1) Operational Capacity 1400 KLPD Operational Capacity 1800 KLPD Operational Capacity 1800 KLPD Capacity Utilisation 42.63% Capacity Utilisation 45.08% 1,07,265 KL 58,695 KL 83,166 61,490 KL 40% 19% 1% 26% 40,429 KL 7% 14,255 KL 32,601
Slide 17: Proposed Plan for Year-Round Ethanol Production
Proposed plan for “year-round” Ethanol production in ESY 2025-26 Ethanol Supply Year 25-26 Capacity 2000 KLPD (Sugar derivatives)|1300 KLPD (Dual Feed) FY 26 Month Feedstock November Sugarcane Juice December Sugarcane Juice January Sugarcane Juice February Sugarcane Juice March Sugarcane Juice April
Slide 18: CBG Segment
CBG SEGMENT
Slide 19: CBG Expansion: Multi-Location Deployment Plan
CBG Expansion: Multi-Location Deployment Plan Poised to become one of India’s leading CBG/ Bio-CNG producers. Unit & Location Capacity (in TPD) Strategic Partner Company Status Unit 1 10.20 NA Leafiniti Bioenergy Operational Jamkhandi, Karnataka Unit 2 TruAlt Gas Pvt. Ltd. In construction phase, exp
Slide 20: CBG Segment Performance
CBG SEGMENT PERFORMANCE TOTAL INCOME EBITDA EBITDA % (₹ Cr.) (₹ Cr.) (%) 20.71 69.78% 68.29% 65% 13.89 12.53 29.75% 7.24 413% 10.51 286% 13.61% 130% 6.43 63% 773% 3.60 0.82 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 Q2 FY 25 Q2 FY 26 H1 FY 25 H1 FY 26 PBT PBT PAT PAT (₹
Slide 21: Retail Fuel Segment
RETAIL FUEL SEGMENT
Slide 22: Retail Fuel Segment
RETAIL FUEL SEGMENT ▪ 7 outlets currently operational; 6 additional stations set to launch by in the coming months. ▪ Network to reach 13 operational outlets across Karnataka under Phase 1 of the 100-outlet rollout. ▪ Strengthens downstream presence and retail reach. INVESTOR PRESENTATION • Q2FY2025
Slide 23: Retail Fuel Network Performance
RETAIL FUEL NETWORK PERFORMANCE Highlights for H1 - Retail Fuel ₹ 5.67 Cr. ₹ 0.11 Cr. 2% Total Income EBITDA EBITDA Margin ₹ 0.08 Cr. ₹ 1.5% PAT PAT % INVESTOR PRESENTATION • Q1FY2025-26 19
Slide 24: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE
Slide 25: Consolidated Financial Performance - Half Yearly
Q2 & H1 FY 26 PERFORMANCE (CONTD...) CONSOLIDATED FINANCIAL PERFORMANCE - HALF YEARLY TOTAL INCOME EBITDA EBITDA % (₹ Cr.) (₹ Cr.) (₹ Cr.) 1,968.53 309.14 16.20% 68% 8.83% 617.31 20% 5.26% 456.19 36.99 30.83 (26%) HY FY 25 HY FY 26 FY 24-25 HY FY 25 HY FY 26 FY 24-25 HY FY 25 HY FY 26 FY 24-25 146.6
Slide 26: Consolidated Financial Performance - Quarterly
Q2 & H1 FY 26 PERFORMANCE (CONTD...) CONSOLIDATED FINANCIAL PERFORMANCE - QUARTERLY TOTAL INCOME EBITDA EBITDA % PBT (₹ Cr.) (₹ Cr.) (₹ Cr.) (₹ Cr.) 1968.53 309.14 16.20% 159.44 13.67% 4.45% 5.80 404.83 326.63 41.54 129.61 17.26 (4.55) (3.96%) (16.26) (49.18) Q2 FY 25 Q1 FY 26 Q2 FY 26 FY 24-25 Q2 F
Slide 27: Standalone Financial Performance
STANDALONE FINANCIAL PERFORMANCE
Slide 28: Standalone Financial Performance - Half Yearly
Q2 & H1 FY 26 PERFORMANCE (CONTD...) STANDALONE FINANCIAL PERFORMANCE - HALF YEARLY TOTAL INCOME REVENUE FROM OPERATIONS EBITDA EBITDA (₹ Cr.) (₹ Cr.) (₹ Cr.) % 1,940.71 1,880.12 297.19 15.81% 22% 5.80% 604.31 573.53 4.75% (15% 435.60 398.41 ) 27.23 23.10 (28%) (31%) HY FY 25 HY FY 26 FY 24-25 HY FY
Slide 29: Standalone Financial Performance - Quarterly
Q2 & H1 FY 26 PERFORMANCE (CONTD...) STANDALONE FINANCIAL PERFORMANCE - QUARTERLY 15.81% TOTAL INCOME REVENUE FROM OPERATIONS EBITDA EBITDA (₹ Cr.) (₹ Cr.) (₹ Cr.) (%) 11.87% 1,940.71 1,880.12 297.19 4.89% 398.00 382.13 316.49 293.93 34.89 119.10 104.48 18.68 (11.79) (11.29%) Q2 FY25 Q1 FY26 Q2 FY26
Slide 30: Performance Review
Q2 & H1 FY 26 PERFORMANCE (CONTD...) PERFORMANCE REVIEW Current Product Portfolio (All amounts are in ₹ Cr. unless otherwise stated) For the 3 months ended For the 3 months ended Particulars Variance Variance % Review Comments 30 September 2025 30 September 2024 Income ▪ Decline in revenue as the Co
Slide 31: Extract of Standalone and Consolidated Balance Sheet
Q2 & H1 FY 26 PERFORMANCE (CONTD...) EXTRACT OF STANDALONE BALANCE SHEET EXTRACT OF CONSOLIDATED BALANCE SHEET (Amounts in ₹ crores) (Amounts in ₹ crores) As at As at As at As at Particulars Particulars September 30, 2025 March 31, 2025 September 30, 2025 March 31, 2025 Equity / Net Worth 1,390.60 7
Slide 32: Ratio Analysis
RATIO ANALYSIS CONSOLIDATED STANDALONE Current Ratio Debt/Equity Current Ratio Debt/Equity 1.91 0.77 1.93 0.75 Debt Servicing TOL/TNW ISCR TOL/TNW Coverage Ratio 1.05 1.41 0.83 1.39 ISCR 2.24 INVESTOR PRESENTATION • Q1FY2025-26 28
Slide 33: Future Outlook
FUTURE OUTLOOK Ethanol Compressed Biogas Retail Fuel Network Sustainable Aviation Fuel ▪ Dual-feed integration of 1,300 KLPD (out of ▪ The JV with Sumitomo Corporation ▪ Downstream retail expansion enables ▪ The 80,000 TPA ethanol-to-jet (ETJ/ATJ) 2,000 KLPD installed) drives a structural establishe
Slide 34: Key Sectoral Events to Watch Out For
KEY SECTORAL EVENTS TO WATCH OUT FOR Revision in Ethanol Procurement Prices Roadmap Beyond E20 Blending Sustainable Aviation Fuel (SAF) Policy Notification National Carbon Credit & Trading Framework INVESTOR PRESENTATION • Q2FY2025-26 30
Slide 35: Know More
KNOW MORE REGISTERED ADDRESS Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313 CORPORATE OFFICE Unit No. N-1501, 15th Floor, World Trade Centre, Brigade Gateway Campus, Rajajinagar, Bangalore - Karnataka, India - 560055 080 2325 5000 contact@trualtbioenergy.com
Slide 36: Thank You
THANK YOU
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