BSECompany Update4d ago · 4 Nov 2026, 08:07 pm
Press release for the quarter and half year ended 30th September, 2026
Godavari Biorefineries Ltd · 544279
✦ AI Summary▲ PositiveResults
Godavari Biorefineries Ltd reported Q2 FY27 results, with total revenue of Rs. 549.8 Cr and EBITDA of Rs. 10.9 Cr, a turnaround from Q2 FY26's negative EBITDA. The Bio-based Chemicals business saw strong growth, with revenue up 39% YoY and segment EBITDA increasing by 47% YoY.
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Governance Concern2/10
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Liquidity Impact8/10
Market Sentiment8/10
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Godavari Biorefineries Ltd - 544279 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Dated: November 04, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower,
Bandra Kurla Complex, Bandra (E), Dalal Street
Mumbai – 400 051 Mumbai-400001
Script Symbol: GODAVARIB Script Code:544279
Dear Sir / Madam,
Sub: Submission of Press Release on unaudited financial results for the Quarter and Half Year Ended
September 30, 2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith the Press Release being issued by the Company with respect to the
Unaudited Financial Results for the quarter and half year ended September 30, 2026, as approved by the
Board of Directors at its meeting held today.
The aforesaid Press Release is also being made available on the website of the Company.
Kindly take the same on record
Thanking you,
Yours faithfully
For Godavari Biorefineries Limited
Manoj Jain
Company Secretary & Compliance O(cid:431)icer
Membership No. F-7998
Godavari Biorefineries Ltd.
Investor Release
Godavari Biorefineries Limited Reports Q2 & H1 FY27 Results
Achieves Quarterly Turnaround Despite Industry Headwinds
Mumbai, 04th November 2026 – Godavari Biorefineries Ltd., one of the largest integrated bio-
refineries, producers of ethanol and a pioneer in manufacturing bio-based specialty chemicals
in India, announced its Financial Results for the quarter and half year ended on Sep 30, 2026.
Q2 FY27 Financial Performance Snapshot (Consolidated)
Total Revenue EBITDA^
Rs. 549.8 Cr Rs. 10.9 Cr
26.6% YoY Turned +ve YoY
Key Financial Highlights (Consolidated)
Particulars (Rs. Cr) Q2 FY27 Q2 FY26 Q1 FY27 H1 FY27 H1 FY26
Total Revenue 549.8 434.3 559.9 1109.7 968.2
EBITDA^ 10.9 (4.4) 2.6 13.4 2.1
EBITDA Margin (%) 2.0% (1.0%) 0.5% 1.2% 0.2%
PAT (15.2) (41.6) (19.3) (34.6) (57.6)
PAT Margin (%) (2.8)% (9.6)% (3.5)% (3.1)% (5.9)%
^ EBIDTA Includes Other Income
Segment Highlights
Particulars (Rs. Cr) Q2 FY27 Q2 FY26 Q1 FY27 H1 FY27 H1 FY26
Bio Based Chemicals
Revenue 204.2 147.1 168.7 372.9 288.3
EBITDA 22.1 15.0 19.2 41.2 27.6
EBITDA Margin 10.8% 10.2% 11.4% 11.1% 9.6%
Integrated Sugar, Co-gen & Ethanol
Revenue 334.2 275.7 377.9 712.1 658.6
EBITDA (8.7) (18.4) (14.6) (23.3) (22.7)
EBITDA Margin (2.6)% (6.7)% (3.9)% (3.3)% (3.4)%
Godavari Biorefineries Ltd.
Investor Release
Segment Revenue Mix
Revenue from Operations Revenue from Operations
Rs. 549.2 Crs Rs. 1,107.1Crs
2% 2%
37% 34%
Q2 FY27 H1 FY27
Integrated Sugar, Co-gen & Ethanol Bio-Based Chemicals Unallocated
Commenting on the Results, Shri Samir Somaiya, CMD said,
“Q2 FY27 reflected encouraging progress for Godavari Biorefineries, with strong growth in our Bio-
based Chemicals business and a meaningful improvement in operating performance. Despite
continued challenges in the sugar and ethanol industry, our focus on operational efficiencies,
portfolio diversification and disciplined execution has helped strengthen our business fundamentals.
The Bio-based Chemicals business maintained strong momentum, with revenue growing by
approximately 39% year-on-year and segment EBITDA increasing by approximately 47% year-on-
year. Our earlier debottlenecking initiatives are translating into stronger commercial performance
and improved profitability. We continue to pursue further capacity optimization, process
improvements and product development to capture opportunities across domestic and international
markets.
In the integrated sugar and ethanol business, operating conditions remained challenging due to
weather-related uncertainties, sugarcane availability and rising feedstock costs. Recent policy
restrictions on the diversion of sugarcane juice and B-heavy molasses towards ethanol have added
to industry pressures. However, our expanded grain-based distillery capacity provides greater
flexibility to optimize operations based on market conditions.
Innovation continues to be a key pillar of our long-term strategy. We have secured a US patent for
our novel anti-cancer molecule, along with European patents for anti-cancer pharmaceutical
compositions and bio-based rubber reinforcement technology. Additionally, we have been granted
patents in China and Mexico for our antiviral compounds. Further reinforcing our commitment to
manufacturing excellence, we were honoured with the Manufacturing Process Innovator of the Year
Award at the FICCI Chemicals and Petrochemicals Awards 2026.
Looking ahead, our priorities remain focused on scaling our Bio-based Chemicals portfolio,
strengthening our ethanol business in line with India's Biofuel Programme, improving operating
efficiencies and enhancing feedstock flexibility. Continued investments in debottlenecking,
differentiated technologies and product innovation will drive portfolio diversification, operational
resilience and sustainable long-term growth.”
Godavari Biorefineries Ltd.
Investor Release
About Godavari Biorefineries Ltd
GodavariBiorefineriesLtdisoneofthelargestproducersofethanolandapioneerinmanufacturing
bio-based specialty chemicals in India. It’s diversified product portfolio comprises bio-based
chemicals, sugar, rectified spirits, ethanol, other grades of alcohol and power. It is the only
company in India to have such a vast portfolio of bio-based products.
Investor Relations: MUFG Intime India Pvt.
Company
Ltd.
Name: Mr. Ashish Sinha – AGM IR & Finance Name: Ms. Prachi Ambre / Mr. Irfan Raeen
Email: prachi.ambre@in.mpms.mufg.com /
Email: investorrelations@somaiya.com
irfan.raeen@in.mpms.mufg.com
CIN: L67120MH1956PLC009707 Meeting RequestLink Link
https://godavaribiorefineries.com/ Website: https://in.mpms.mufg.com/
Safe Harbor
Anyforward-lookingstatementsaboutexpectedfutureevents,financialandoperatingresultsoftheCompanyarebased
on certainassumptions whichthe Companydoesnot guarantee the fulfilment of.Past performancealso shouldnot be
simply extrapolated into the future. These statements are subject to risks and uncertainties. Actual results might differ
substantially or materially from those expressed or implied. Important developments that could affect the Company’s
operationsinclude a downtrend in the industry, global or domestic or both, significant changes in political and economic
environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate
fluctuations, technological changes, investment and business income, cash flow projections, interest, and other
costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or
circumstances after the date thereof. 3