Dhampur Bio Organics Limited – Investor Presentation Summary

Key Operational Highlights

  • Sugar Production: 9,097 tons in Q1FY27 (down from 22,117 tons in Q1FY26)
  • Sugar Sales: 99,025 tons in Q1FY27 (up from 95,505 tons in Q1FY26)
  • Average Sugar Realization: ₹42,403/ton in Q1FY27 (up from ₹40,835/ton in Q1FY26)
  • Sugar Inventory: 1,28,137 tons as of Q1FY27 (down from 1,51,906 tons in Q1FY26)
  • Power Generation: 8.24 million units in Q1FY27 (down from 20.37 million units in Q1FY26)
  • Power Export: 3.10 million units in Q1FY27 (down from 9.94 million units in Q1FY26)
  • Average Power Realization: ₹4.43/unit in Q1FY27 (up from ₹3.44/unit in Q1FY26)
  • Ethanol Production: 15.46 million BL in Q1FY27 (down from 21.67 million BL in Q1FY26)
  • Ethanol Sale: 9.81 million BL in Q1FY27 (down from 19.33 million BL in Q1FY26)
  • Average Ethanol Realization: ₹60.96/BL in Q1FY27 (up from ₹59.64/BL in Q1FY26)
  • Country Liquor Sales: 18,15,384 cases in Q1FY27 (up from 11,24,980 cases in Q1FY26), including 2.84 lakh cases bought from other distilleries
  • Average Country Liquor Realization (Net of Excise): ₹314.56/case in Q1FY27 (up from ₹278.95/case in Q1FY26)

Key drivers of operational performance: Increased sales in Country Liquor segment through company-owned depots in Uttar Pradesh, with Q1FY27 including sale of 8.04 lakh cases from CL depots.

Segment-wise Performance

  • Sugar Segment: Revenue ₹392.31 Crores (down 13.84% YoY), EBIT ₹4.73 Crores (down 20.10% YoY), EBIT Margin 1.21% (down 9 bps YoY)
  • Biofuel & Spirits Segment: Revenue ₹80.78 Crores (down 36.72% YoY), EBIT ₹6.60 Crores (up 931.25% YoY), EBIT Margin 8.17% (up 767 bps YoY)
  • Country Liquor Segment: Revenue ₹103.41 Crores (up 266.96% YoY), EBIT ₹3.45 Crores (down 20.32% YoY), EBIT Margin 3.34% (down 1203 bps YoY)

Explanation of significant changes in segment performance: Country Liquor revenue growth driven by expansion of company-owned depots in Uttar Pradesh; Biofuel & Spirits EBIT margin improvement despite revenue decline.

Financial Highlights

  • Revenue (Net of Excise): ₹576.50 Crores for Q1FY27 (4.51% YoY growth)
  • EBITDA: ₹12.87 Crores for Q1FY27
  • PAT: ₹38.40 Crores for Q1FY27 (including discontinued operations)
  • PAT from Continuing Operations: ₹-12.14 Crores for Q1FY27
  • EBIT Margin: -0.11% for Q1FY27
  • EBITDA Margin: 2.22% for Q1FY27 (down 34 bps YoY)
  • PBT Margin: -2.92% for Q1FY27
  • Basic EPS: ₹5.84/share for Q1FY27

YoY/QoQ comparison: Revenue growth of 4.51% YoY; PAT turnaround from loss of ₹-19.37 Crores in Q1FY26 to profit of ₹38.40 Crores in Q1FY27.

Drivers of financial performance: Gain on sale of Meerganj unit (Discontinued operations) of ₹63.89 Crores, offset by ₹1.71 Crores loss from discontinued operations and ₹11.64 Crores tax expenses of discontinued operations.

Key Risks: Not explicitly disclosed in the presentation.

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not specified

Balance Sheet Snapshot

  • Long-term Debt to Equity: 0.28x as of 31st March 2026
  • Long-term loans outstanding: ₹124 Crores as of date (after prepayment of ₹93 Crores during Q1FY27)

Financial Health Insights: Strong credit ratings with CARE BBB+ (stable) for long-term and A2 for short-term; improved liquidity from asset sale proceeds.

Capex & Cash Flow Health

  • Capital Expenditure: Not specified for Q1FY27
  • Free Cash Flow: Not specified
  • Operating Cash Flow: Not specified
  • Net Debt Movement: Debt reduction of ₹93 Crores during Q1FY27

Investment Rationale: Focus on repositioning as value-added sugar and spirits manufacturer and bio-energy company.

Strategic & R&D Initiatives

  • Investments in Innovation: Dual feed plant for ethanol production using both sugarcane and grain
  • Expected impact on growth: Not quantified
  • Strategic Rationale: Capitalizing on favorable trends in sugar and broader agricultural economy; better utilization of resources and increased synergies between Asmoli and Mansurpur facilities

Industry Trends & Business Environment

Macro/Industry Trends: Not explicitly discussed

Impact on Company: Not specified

Management Commentary & Growth Outlook

Strategic Outlook: Repositioning as value-added sugar and spirits manufacturer on one hand and bio-energy company on the other

FY Guidance: Not provided

Market Share Targets: Not specified

Risks and Opportunities: Not highlighted

ESG Updates

  • ESG Strategy Construct: Four pillars - Responsible Governance, Resource Efficient Operations, People First, and Purposeful Products
  • Materiality Assessment: Conducted to identify sustainability issues important to company and stakeholders
  • UN SDGs Alignment: Material topics align with UN Sustainable Development Goals
  • Certifications: Not specified