Godavari Biorefineries Management Guidance Tracker

Management targets tripling EBITDA over 4 years from FY25 base, with capex of ₹25 Cr allocated 75% to bio-based chemicals and 25% to ethanol.

Management expects improved market penetration and demand for bio-based chemicals starting Q1 FY27 due to narrowing fossil-renewable price gaps.

The grain-based ethanol facility, delayed due to equipment receipt, is expected to be commissioned in the next quarter (Q4 FY26).

Continued investment in debottlenecking and capacity addition for bio-based specialty chemicals to improve margins and scale.

The 200 KPD grain-based distillery will begin commissioning trials next month, adding 60 million liters of annual ethanol capacity.

Management expects the government to revise ethanol prices upward given rising sugarcane costs and higher energy prices, though no timeline provided.