Consolidated figures · ₹ crore
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 443 | 474 | 418 | 400 | 663 | 719 | |
| COGS | 363 | 374 | 330 | 300 | 511 | 547 |
| Gross profit | 80 | 100 | 88 | 100 | 152 | 172 |
| 67 | 86 | 83 | 91 | 96 | 99 | |
| 13 | 15 | 5 | 9 | 56 | 73 | |
| OPM % | 2.9% | 3.1% | 1.3% | 2.3% | 8.5% | 10.2% |
| Depreciation | 1 | 1 | 2 | 4 | 8 | 8 |
| Interest | 1 | 2 | 4 | 7 | 12 | 8 |
| 4 | 1 | 2 | 1 | 1 | 6 | |
| Profit before tax | 14 | 13 | 2 | -2 | 38 | 64 |
| Tax | 3 | 4 | 1 | -0 | 7 | 13 |
| Tax % | 24.7% | 27.7% | 42.5% | -20.2% | 17.7% | 20.9% |
| 11 | 9 | 1 | -1 | 31 | 50 | |
| PAT margin % | 2.4% | 2% | 0.3% | -0.4% | 4.7% | 7% |
| EPS (₹) | 8.3 | — | — | — | — | 38 |
| EPS adjusted (₹) | 8.3 | 7.4 | 0.9 | -1 | 23.3 | 37.8 |
| Annual report | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | — | 65 | 69 | 77 | 108 | 159 |
| — | 51 | 143 | 170 | 149 | 161 | |
| — | 37 | 38 | 46 | 59 | 73 | |
| Total equity & liabilities | — | 165 | 263 | 306 | 330 | 407 |
| 19 | 26 | 27 | 149 | 145 | 214 | |
| CWIP | — | 0 | 91 | 0 | 16 | 19 |
| Investments | — | 0 | 0 | 0 | 0 | 0 |
| — | 139 | 144 | 157 | 169 | 174 | |
| Total assets | — | 165 | 263 | 306 | 330 | 407 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 9 | -13 | -6 | -7 | 49 | 61 | |
| 2 | -13 | -91 | -32 | -28 | -72 | |
| -12 | 30 | 95 | 37 | -21 | 12 | |
| Net cash flow | -1 | 4 | -2 | -2 | -0 | 2 |
| Free cash flow | 8 | -22 | -100 | -41 | 29 | -19 |
| CFO / Operating profit % | 73% | -87.5% | -110% | -75.2% | 87.1% | 83.1% |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Ethanol | 337.35 | 56.99 | 278.12 | 181.73 | 96.39 | 59.12 |
| Bulk | 198.29 | 1.35 |
| 60.01 |
| 10.05 |
| 49.96 |
| 2.7 |
| Branded | 183.54 | 14.92 | 68.49 | 21.85 | 46.64 | 31.99 |
₹ crore by fiscal year