MODINATURALS / guidance tracker

Keep management guidance in view.

Modi Naturals · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 consolidated revenue guidance of ~₹950 crore

Based on conservative 50% utilization of expanded ethanol capacity; management expects to exceed this.

revenue

Ethanol EBITDA margin sustainable at 12-15%

Long-term margin guidance for ethanol division, excluding exceptional items; Q4 margin was 18.8% due to one-offs.

margins

Consumer division medium-term target of ₹500 crore

Oil basket to reach ₹300-350 crore and food products ₹150 crore, driven by premiumization and distribution expansion.

growth

Capex of up to ₹20 crore for byproduct value addition

No large capex planned; small investment in ethanol byproduct value addition project.

capex