Zuari Industries Limited · NSE:ZUARIIND

Zuari Industries — Q3 FY26 Earnings Presentation

30 slides from Zuari Industries's earnings presentation, Feb 13, 2026

  1. Slide 1: Cover letter to stock exchanges

    ZUARI INDUSTRIES LIMITED 5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in 13 February 2026 National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejee

  2. Slide 2: Zuari Industries Ltd Investor Presentation Q3 FY26

    Zuari Industries Ltd Investor Presentation Q3 FY26

  3. Slide 3: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Zuari Industries Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu

  4. Slide 4: List of Abbreviations

    List of Abbreviations CFCL: Chambal Fertilizers & Chemicals Ltd DM: Development Manager FFPL: Forte Furniture Products India Ltd GSML: Gobind Sugar Mills Limited IFPL: Indian Furniture Products Ltd JD: Joint Developer JV: Joint Venture MCFL: Mangalore Chemicals & Fertilizers Ltd PPL: Paradeep Phosph

  5. Slide 5: ZIL Structure

    ZIL Structure > ZUARI SJ SouSsTRIES adventz

  6. Slide 6: Zuari Industries Ltd

    Zuari Industries Ltd Strategic Divisions Subs/JVs Investments Zuari Envien Bioenergy Sugar, Power & Pvt Ltd Zuari IAV Pvt Ltd Real Estate (Oil Tanking) Ethanol (Bioenergy) Zuari Infraworld India Zuari Finserv Ltd & Zuari Zuari Management Simon India Ltd Zuari International Ltd Ltd Insurance Brokers

  7. Slide 7: Performance Snapshot

    Performance Snapshot Operational Performance Highlights - Subs & JVs Financial Highlights Highest ever Q3 crush ZIIL 10.36% 10.02% 67.3 LQ (vs 60.8 LQ in Q3FY25) St. Regis, Dubai 93.4% Reduction in cost of borrowing (Y-o-Y) Commencement of Handover April 26 Sugar Production Savings in finance cost b

  8. Slide 8: Operational Performance

    Operational Performance > ZUARI SJ SouSsTRIES adventz

  9. Slide 9: Operational Performance - Production Metrics

    Operational Performance - Production Metrics Sugar Power Ethanol Q3 Cane Crushed (LQ) Power Production (LU) Ethanol Production (LL) 10.7% 6.7% 4.7% 67.3 81.6 60.8 620.0 77.9 581.0 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 9M Cane Crushed (LQ) Power Production (LU) Ethanol Production (LL) (9.1

  10. Slide 10: Operational Performance – Sales Metrics

    Operational Performance – Sales Metrics Sugar Power Ethanol Q3 Sugar Sales (LQ) Sugar Realization (Rs/Qtl) Power Sales (LU) Ethanol Sales (LL) (8.6%) 5.9% 5.3 % 17.7% 359.0 3.5 340.9 91.7 4,083 3.2 77.9 3,856 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 9M Sugar Sales (LQ) Sugar R

  11. Slide 11: Financial Snapshot

    Financial Snapshot > ZUARI SJ SouSsTRIES adventz

  12. Slide 12: Q3 FY26 Financial Performance: Standalone

    Q3 FY26 Financial Performance : Standalone (Rs Cr) Total Revenue EBITDA PBT (before excep items) Q3 (3.7%) 73.1% 2.1% (30.9%) (75.8%) 2.7% 18.6 254.7 52.5 248.1 249.4 36.3 37.7 4.5 2.6 Q3 FY26 Q2 FY26 Q3 FY25 Q3 FY26 Q2 FY26 Q3 FY25 Q3 FY26 Q2 FY26 Q3 FY25 9M 0.9% 9.5% 471.4% 727.6 721.3 125.7 24.0

  13. Slide 13: Review of Subsidiaries

    Review of Subsidiaries > ZUARI S “ouerteies adventz

  14. Slide 14: Developments Across Key Subsidiaries (1/3)

    Developments Across Key Subsidiaries (1/3) Key Highlights Q2 Zuari Garden City Project St. Regis – Financial Centre Road, Dubai – The Residences Phase IV (Plotted Development) Sales Overview 232/232 Units AED 1,304 Mn 95% 100% Sold Out Units Sold Total Sales Value Project Progress Construction Statu

  15. Slide 15: Developments Across Key Subsidiaries (2/3): Asset Light Business Model

    Developments Across Key Subsidiaries (2/3) Asset Light Business Model – DM Focus Gangothri Developers Texmaco Rail Adventz Finance Bangalore Under Development (Apartments, Retail & School) ) (Apartments) (Office Building) Nelamangala (Plots) (Multiple Projects) Land Area 9.4 Acres 11.8 Acres 0.7 Acr

  16. Slide 16: Developments Across Key Subsidiaries (3/3)

    Developments Across Key Subsidiaries (3/3) Outlook Empanelment of deep domain experts & partnership with global PPL 5th Evaporator commissioned tech. licensors Projects Completed: 55.5 Cr AI agents deployed for procurement, proposals & document control Projects under Execution: 98.7 Cr

  17. Slide 17: ZEBPL Outlook

    ZEBPL Outlook > ZUARI SJ SouSsTRIES adventz

  18. Slide 18: Zuari Envien Bio-Energy Pvt Ltd

    Zuari Envien Bio-Energy Pvt Ltd Highlight ✓ Plant commissioned on 1 Jan 26 ✓ Trial runs completed; ~800 KL ethanol produced Grain Silos Boiler ✓ Delay in OMC ethanol tender (2nd round) ✓ ~20,000 KL off take locked in Focus Area • Discussions underway to tap private OMCs and industry users Cooling To

  19. Slide 19: Updates: Strategic Investments

    Updates: Strategic Investments

  20. Slide 20: Strategic Investments

    Strategic Investments Value of strategic investments held by ZIL & its wholly–owned subsidiaries No. of Shares Share Price Value Change Company (Lakh) (Rs) (Rs Cr) (%) 30-Sep-25 31-Dec-25 30-Sep-25 31-Dec-25 30-Sep-25 31-Dec-25 Chambal Fertilizers & Chemicals Ltd. 595 595 510 483 3,039 2,867 (5.7%)

  21. Slide 21: Leadership

    Leadership SouSsTRIES adventz

  22. Slide 22: Board of Directors

    Board of Directors Saroj K. Poddar Jyotsna Poddar Akshay Poddar Athar Shahab Alok Saxena Chairman Non-Executive Director Non-Executive Director Managing Director Executive Director Vijay V. Paranjape Suneet Maheshwari Sanjeev Lall Manju Gupta Deepak Amitabh Independent Director Independent Director

  23. Slide 23: Financial Performance

    Financial Performance > ZUARI SJ SouSsTRIES adventz

  24. Slide 24: Profit & Loss Statement (Standalone)

    Profit & Loss Statement (Standalone) (Rs Cr) Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25 Particulars 31-Dec-25 30-Sep-25 31-Dec-24 31-Dec-25 31-Dec-24 Income Revenue from operations 211.35 204.51 204.82 626.13 626.73 Other income 43.36 43.58 44.59 101.42 94.61 Total income 254.71 248.10 249.42 727.56 72

  25. Slide 25: Profit & Loss Statement (Consolidated)

    Profit & Loss Statement (Consolidated) (Rs Cr) Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25 Particulars 31-Dec-25 30-Sep-25 31-Dec-24 31-Dec-25 31-Dec-24 Income Revenue from operations 262.63 241.17 235.06 761.26 698.06 Other income 38.85 45.25 39.00 94.30 95.20 Total income 301.48 286.43 274.07 855.57 7

  26. Slide 26: Segment Information (Consolidated)

    Segment Information (Consolidated) (Rs Cr) Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25 Particulars 31-Dec-25 30-Sep-25 31-Dec-24 31-Dec-25 31-Dec-24 Segment Revenue a) Sugar & allied products 221.66 167.64 220.11 562.81 560.54 b) Power 40.07 9.62 34.25 52.91 47.30 c) Ethanol Plant 60.62 48.37 52.14 170.

  27. Slide 27: Financial Performance: Op. Subsidiaries & Joint Ventures

    Financial Performance: Op. Subsidiaries & Joint Ventures (Rs Cr) Income EBITDA PBT* Sub/JV Q3FY26 Q2FY26 Q3FY25 Q3FY26 Q2FY26 Q3FY25 Q3FY26 Q2FY26 Q3FY25 Subsidiaries Zuari Infra 36.44 51.32 34.93 32.02 48.07 30.62 8.42 25.07 9.48 ZIntL 21.25 45.83 39.83 6.77 13.04 8.13 (7.07) (1.60) (8.03) ZMSL 10.

  28. Slide 28: Path Ahead

    Path Ahead © 7 adventz ZUARI INDUSTRIES

  29. Slide 29: Strategic Priorities

    Strategic Priorities Pursuing Strategic Growth Opportunities Scaling Biofuel Capabilities Strengthening the Balance Sheet Leverage digital technologies Nurturing Subsidiaries & Growing Strategic Value

  30. Slide 30: For further information, please contact

    For further information, please contact: Zuari Industries Limited (BSE: 500780 | NSE: ZUARIIND) Mr. Yadvinder Goyal +91 124 4827800 Email: ig.zgl@adventz.com Investor Relations Advisors: MUFG Intime India Private Limited Mr. Devansh Dedhia Ms. Darshni Desai +91 99301 47479 +91 99696 15802 devansh.de

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