Godavari Biorefineries Limited · NSE:GODAVARIB
Godavari Biorefineries — H1 FY2027 Earnings Presentation
25 slides from Godavari Biorefineries's earnings presentation, November 2026
Slide 1: Investor Presentation Q2 & H1 FY27
Godavari Biorefineries Limited Investor Presentation | Q2 & H1 FY27 CREATING a Beautiful World With Innovation at the Core, Unified in Growth, Sustainability & Inclusivity.
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Godavari Biorefineries Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 3: Q2 & H1 FY27 Highlights
Q2 & H1 FY27 Highlights
Slide 4: Consolidated Q2 & H1 FY27 Performance
Consolidated Q2 & H1 FY27 Performance Q2 FY27 | QUARTERLY PERFORMANCE H1 FY27 | HALF-YEAR PERFORMANCE TOTAL REVENUE Q2 FY27 | QUARTERLY EBITDA PERFORMANCE EBITDA MARGIN TOTAL REVENUEH1 FY27 | HALF-YEAR PERFORMANCE EBITDA EBITDA MARGIN 549.8 10.9 2.0 % 1109.7 13.4 1.2% 968.2 434.4 2.1 0.2% Q2 FY26 Q2
Slide 5: Bio-based Chemicals Segment
Bio-based Chemicals Segment Q2 FY27 | QUARTERLY PERFORMANCE H1 FY27 | HALF-YEAR PERFORMANCE TOTAL REVENUE EBITDA EBITDA MARGIN TOTAL REVENUE EBITDA EBITDA MARGIN 204.2 22.1 10.8 % 372.9 41.2 11.1% 10.2 % 9.6% 288.3 147.1 15.0 27.6 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 H1 FY
Slide 6: Integrated Sugar, Co-generation & Ethanol Segment
Integrated Sugar, Co-generation & Ethanol Segment Q2 FY27 | QUARTERLY PERFORMANCE H1 FY27 | HALF-YEAR PERFORMANCE TOTAL REVENUE EBITDA EBITDA MARGIN TOTAL REVENUE EBITDA EBITDA MARGIN 334.2 712.1 658.6 275.7 (2.6)% (8.7) (18.4) (6.7)% (22.7) (23.3) (3.4)% (3.3)% Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Q2 FY
Slide 7: Revenue Mix
Revenue Mix QUARTERLY HALF YEARLY 2% 2% 2% 2% 30% 34% 34% Rs. 430.8 Cr 37% Rs. 549.2 Cr Rs. 964.0 Cr Rs. 1107.1 Cr Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 64% 61% 64% 68% Integrated Sugar, Co-generation and Ethanol Bio-Based Chemicals Unallocated Godavari Biorefineries Limited 7
Slide 8: Consolidated P&L Statement
Consolidated P&L Statement Particulars (in INR Crs) Q2 FY27 Q2 FY26 Y-o-Y Q1 FY27 Q-o-Q H1 FY27 H1 FY26 Y-o-Y Revenue from Operations 549.2 430.8 557.9 1107.1 964.0 Other Income 0.5 3.5 2.0 2.6 4.3 Total Income 549.8 434.3 26.6% 559.9 (1.8)% 1,109.7 968.2 14.6% Cost of Materials Consumed 220.4 146.2
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (in INR Cr) Sep 26 Mar 26 Particulars (in INR Cr) Sep 26 Mar 26 ASSETS EQUITY AND LIABILITIES Non-current assets EQUITY (a) Property, plant and equipment 959.7 864.1 (i) Equity share capital 51.2 51.2 (ii) Other equity 701.9 737.1 (b) Capital Work-in-Progress 0
Slide 10: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (in INR Cr) Sep 26 Sep 25 Cash Flow from Operating Activities Profit before Tax (45.6) (79.2) Adjustment for Non-Operating Items 55.4 50.0 Operating Profit before Working Capital Changes 9.8 (29.2) Changes in Working Capital 57.8 122.6 Cash Generated from
Slide 11: About the Company
About the Company
Slide 12: A Pioneer Integrated Bio-refinery
A Pioneer Integrated Bio-refinery A multi-feedstock, multi-product biorefinery that converts agricultural resources into fuels, chemicals, renewable power and foods. 1939 2 800 KLPD 20+ 3 | 50+ 35+ countries Business Heritage Manufacturing Sites Distillery Installed Capacity Bio-based Products R&D C
Slide 13: From a sugar business to an integrated biorefinery
From a sugar business to an integrated biorefinery A long operating history has created an agricultural sourcing base, manufacturing depth and customer relationships that support the next phase of growth. 2026 2024 2016 Commissioned grain-based distillery 2008 Successfully completed our 1985 Commenc
Slide 14: Structural tailwinds are reshaping energy and materials markets
Structural tailwinds are reshaping energy and materials markets Godavari combines an integrated biorefinery, differentiated bio-based chemistry and research-led innovation to address evolving market needs. ENERGY SECURITY & FEEDSTOCK DIVERSIFICATION RENEWABLE CHEMISTRY IS GAINING TRACTION Geopolitic
Slide 15: Integration creates operating choices and improves resource utilisation
Integration creates operating choices and improves resource utilisation Godavari’s integrated operations create multiple routes to use feedstocks, processing assets and outputs across market conditions HOW THIS SUPPORTS OPERATIONS MULTIPLE FEEDSTOCKS INTEGRATED ASSETS MULTIPLE VALUE STREAMS RESOURCE
Slide 16: Bio-based chemicals: Moving up the value chain
Bio-based chemicals: Moving up the value chain The strategic pivot is from a broader bio-based chemicals portfolio towards a higher contribution from differentiated specialty products. THE BUSINESS PROGRESSION INTEGRATED CHEMICAL SPECIALTY & DIVERSE CUSTOMER ETHANOL PLATFORM INTERMEDIATES BIO-BASED
Slide 17: Co-creating pathways from bio-based molecules to downstream markets
Co-creating pathways from bio-based molecules to downstream markets The opportunity is to translate manufacturing and process capabilities into customer-qualified products and scalable applications. TECHNOLOGY & GLOBAL MARKET ACCESS FUTURE PARTNERSHIP OPPORTUNITY INDUSTRY–ACADEMIA COLLABORATION Comb
Slide 18: Bio-based chemicals – Q2 outperformance advances the growth trajectory
Bio-based chemicals – Q2 outperformance advances the growth trajectory Q2 FY27 REVENUE (ACTUAL) + ₹14.2 Cr above the earlier Q2 FY27 guidance of ₹190 Cr ₹204 Cr Quarterly revenue trajectory (₹ Cr) +7.5% 240 204 190 169 141 Q1 FY26 Q1 FY27 Q2 FY27E Q2 FY27 Q3 FY28E Actual Actual Earlier guidance Actu
Slide 19: Bio-based chemicals – Growth Positioning
Bio-based chemicals – Growth Positioning Develop and qualify bio-based solutions with customers; scale through debottlenecking and capacity additions aligned with demand and offtake. CUSTOMER NEEDS THAT CREATE THE OPPORTUNITY 01 Renewable feedstock 02 Enhanced performance 03 Drop-in alternative Cust
Slide 20: Ethanol Supply Year 2026–27: A policy reset changes the feedstock equation
Ethanol Supply Year 2026–27: A policy reset changes the feedstock equation Integrated Sugar, Co-generation & Ethanol POLICY RESET GODAVARI'S INSTALLED BASE ZERO SUGAR DIVERSION For Ethanol Supply Year 2026–27, OMC 800 KLPD DISTILLATION PLATFORM tenders exclude ethanol made from sugarcane juice, suga
Slide 21: Changing feedstock economics
Changing feedstock economics Integrated Sugar, Co-generation & Ethanol Grain supply and demand dynamics Uncertainty in tender participation Relative margin dynamics Monsoon-led variability in domestic maize The reduction in the reported corn-ethanol Potentially favourable sugar economics, availabili
Slide 22: Drug Discovery: A science-led adjacent growth opportunity
Drug Discovery: A science-led adjacent growth opportunity LEAD MOLECULE | MSP008-22 RESEARCH PIPELINE FIRST-IN-CLASS ORAL SMALL-MOLECULE INHIBITOR 40+ compounds in a diversified oncology pipeline spanning Target indication: Triple-Negative Breast Cancer (TNBC), an aggressive breast, prostate, oral,
Slide 23: Jivana – Our consumer brand
Jivana – Our consumer brand Growing Sales • Revenue reached Rs. 70 Crs in H1 FY27, up from Rs. 66 Crs in H1 FY26. • Revenue growth from Rs. 28 Crs in FY22 to Rs. 108 Crs in FY25 with a CAGR of 56%. Deeper Brand Penetration/Geographical Expansion • Presence in 3 new states - Karnataka/Telangana/AP. •
Slide 24: Priorities shaping the next phase of growth
Priorities shaping the next phase of growth Increase value-added mix through debottlenecking, customer co-creation and global 01 SPECIALTY CHEMICALS partnerships. 02 Leverage 800 KLPD capacity to navigate policy and feedstock shifts. ETHANOL FLEXIBILITY 03 OPERATIONAL EXCELLENCE Improve yields, util
Slide 25: Godavari Biorefineries Ltd
Godavari Biorefineries Ltd CIN: L67120MH1956PLC009707 Name – Mr. Ashish Sinha Title – DGM- IR & Finance Email – investorrelations@somaiya.com Ms. Prachi Ambre Prachi.ambre@in.mpms.mufg.com Mr. Irfan Raeen Irfan.raeen@in.mpms.mufg.com Link Meeting Request Link Website: https://in.mpms.mufg.com/
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