Modi Naturals FY26 PAT Up 62% to ₹50.3 Crore

Modi Naturals achieved FY26 guidance with revenue of ₹719.2 cr, EBITDA of ₹73.5 cr, and PAT of ₹50.3 cr, driven by ethanol expansion and premiumization.
Ethanol capacity expanded 117% to 282 KLPD with Phase II commissioning, positioning the company to benefit from rising blending targets.
Consumer division strengthened brand recall and distribution while bulk division provided stable cash flows, resulting in improved ROCE of 19.9%.
The company received a credit rating upgrade to IVR BBB/Stable and shut down an unprofitable solvent extraction plant in Pilibhit.