Financial Highlights (Consolidated)

TruAlt Bioenergy Limited reported strong financial performance for Q1 FY27 (ended June 30, 2026), marking its first year-on-year first-quarter results as a listed company.

Key Financial Metrics:

| Particulars | Q1 FY27 (₹ Cr.) | Q1 FY26 (₹ Cr.) | Growth % | Growth Multiple |

| Total Income | 641.41 | 326.63 | 96.37% | 2.0x |

| EBITDA | 132.76 | 41.54 | 219.62% | 3.2x |

| PAT | 59.27 | 4.73 | 1,154.37% | 12.5x |

Operational Performance and Capacity

The ethanol business remained the primary growth driver during the quarter. The company successfully completed its grain integration programme, representing a significant milestone in its transformation.

  • Installed ethanol capacity increased by 43% from 1,400 KLPD in Q1 FY26 to 2,000 KLPD in Q1 FY27
  • Approximately 1,300 KLPD (65% of capacity) now operates on dual-feed technology
  • Capacity utilization stands at 60.57%, providing significant headroom for future growth without substantial incremental capital expenditure
  • Diversified feedstock strategy has expanded from predominantly sugar derivatives to combination of sugar derivatives and grains (unfit for human consumption)
  • Grain-based operations deliver approximately 6% higher profitability than sugar-based production

Strategic Progress Across Growth Businesses

Compressed Biogas (CBG) Plants:

  • Construction continues across four CBG plants under joint venture with Sumitomo Corporation
  • Preparatory activities progressing for six additional CBG plants under partnership with GAIL (India) Limited

Sustainable Aviation Fuel (SAF) Project:

  • Proposed 100 million litres per annum SAF project in Andhra Pradesh
  • Engineering work, statutory approvals and stakeholder engagement advancing
  • Project received ₹150 crore grant under the PM JI-VAN Yojana

Fuel Retailing:

  • Currently operates seven retail fuel outlets
  • Phased strategy to establish network of 100 outlets
  • Adopted cautious and calibrated approach to expansion due to geopolitical tensions in West Asia and crude oil market volatility
  • Prioritizing capital discipline, strategic locations and sustainable unit economics

Management Commentary

Mr. Vijay Nirani, Managing Director, commented on the results:

  • Q1 FY27 marks important milestone as first year-on-year first-quarter performance as listed company
  • Strategic investments in dual-feed platform transformation are delivering benefits
  • Transition from mono-feed to dual-feed platform provides flexibility to produce ethanol from both sugar-based feedstocks and grains
  • Enables near year-round operations while creating more resilient, efficient and profitable business
  • Immediate focus on increasing gross capacity utilization, improving operational efficiencies and driving higher production from existing manufacturing platform
  • Confident about opportunities ahead with strong manufacturing base, diversified portfolio and supportive policy environment
  • Committed to creating sustainable long-term value for shareholders while contributing to India's energy security and clean energy transition

Company Background

TruAlt Bioenergy Limited is India's largest ethanol producer by installed capacity and the country's only dedicated listed biofuels company. The company combines deep agricultural linkages with large-scale industrial capabilities to deliver diversified and sustainable energy solutions. Key aspects include:

  • Pioneering role in India's bioenergy transition
  • Early producer of Compressed Biogas (CBG) under Government of India's SATAT scheme
  • First biofuels company in India to attain Oil Marketing Company (OMC) status
  • Building comprehensive circular bioeconomy platform producing Fermented Organic Manure (FOM) and Liquid Fermented Organic Manure (LFOM)
  • Capturing and utilizing liquefied CO2 for industrial applications