Zuari Industries Limited – Investor Presentation Summary

Key Operational Highlights

  • Sugar Sales: 4.7 Lakh Quintals (LQ) in Q1 FY27, up 29% from 3.6 LQ in Q1 FY26.
  • Ethanol Sales: 10,248 Kiloliters (KL) in Q1 FY27, up 5% from 9,757 KL in Q1 FY26.
  • Power Export: 62.8 Lakh Units (LU) in Q1 FY27 vs 7.7 LU in Q1 FY26.
  • Power Generation: 154.7 LU in Q1 FY27 vs 68.0 LU in Q1 FY26.
  • Sugar Realization: ₹4,116 per quintal in Q1 FY27, up 2% from ₹4,036 in Q1 FY26.
  • Key drivers: Higher domestic sugar quota allocation and increased power export.

Segment-wise Performance

  • Sugar Segment Revenue: ₹236.78 Cr (Consolidated)
  • Ethanol Plant Revenue: ₹63.98 Cr (Consolidated)
  • Real Estate Revenue: ₹15.18 Cr (Consolidated)
  • Engineering Services Revenue: ₹11.55 Cr (Consolidated)
  • Others Revenue: ₹15.35 Cr (Consolidated)
  • Total Segment Revenue: ₹342.85 Cr (before inter-segment elimination)
  • Segment EBITDA: Sugar ₹8.37 Cr, Ethanol Plant ₹4.78 Cr, Real Estate (₹2.15) Cr, Engineering Services (₹2.11) Cr, Others (₹0.84) Cr

Financial Highlights

Standalone (Rs Cr):
  • Revenue from operations: ₹266.52 (Q1 FY27), ₹248.15 (Q4 FY26), ₹210.27 (Q1 FY26)
  • Total Income: ₹283.90 (Q1 FY27), ₹267.34 (Q4 FY26), ₹224.75 (Q1 FY26)
  • Profit/(Loss) After Tax: (₹9.48) (Q1 FY27), ₹17.91 (Q4 FY26), (₹3.89) (Q1 FY26)
  • EPS: (₹3.18) (Q1 FY27), ₹6.01 (Q4 FY26), (₹1.30) (Q1 FY26)
  • Drivers: Higher sugar quota and realization, increased ethanol sales and power export, offset by increase in UP SAP (+₹30/Q)
Consolidated (Rs Cr):
  • Revenue from operations: ₹311.93 (Q1 FY27), ₹283.56 (Q4 FY26), ₹257.46 (Q1 FY26)
  • Profit/(Loss) After Tax: ₹0.05 (Q1 FY27), (₹31.61) (Q4 FY26), (₹0.48) (Q1 FY26)
  • EPS: ₹0.20 (Q1 FY27), (₹10.41) (Q4 FY26), ₹0.02 (Q1 FY26)

Balance Sheet Snapshot

  • Value of strategic investments held by ZIL & subsidiaries: ₹4,223 Cr as of 30-Jun-26, up 15% from ₹3,681 Cr as of 31-Mar-26
  • Major investments: Texmaco Rail & Engineering Ltd (₹2,783 Cr), Chambal Fertilisers & Chemicals Ltd (₹468 Cr), Zuari Agro Chemicals Ltd (₹244 Cr), Paradeep Phosphates Ltd (₹136 Cr), Texmaco Infrastructure and Holdings Ltd (₹109 Cr)

Strategic & R&D Initiatives

  • Asset Light Business Model with Development Manager (DM) focus
  • Leveraging digital technologies across operations
  • Strategic Priorities: Pursuing strategic growth opportunities, strengthening the balance sheet, nurturing subsidiaries & growing strategic value

Industry Trends & Business Environment

  • Geopolitical uncertainties in West Asia led to more cautious capital expenditure environment across sectors, impacting overall EPC activity.
  • Company remains focused on expanding order book across core sectors while advancing digitalization and AI-led initiatives.

Management Commentary & Growth Outlook

  • Outlook: Focus on expanding order book across core sectors, advancing digitalization and AI-led initiatives
  • Strategic Priorities: Pursuing strategic growth opportunities, leveraging digital technologies, strengthening the balance sheet, nurturing subsidiaries & growing strategic value

Subsidiaries Performance (Q1 FY27, Rs Cr)

  • Zuari Infra: Income ₹33.9, EBITDA ₹24.6, PBT (₹0.7)
  • Zuari International: Income ₹40.1, EBITDA ₹6.9, PBT (₹6.3)
  • Zuari Management Services: Income ₹8.7, EBITDA (₹0.3), PBT (₹1.1)
  • Zuari Finserv: Income ₹4.1, EBITDA ₹0.2, PBT (₹0.8)
  • Zuari Insurance: Income ₹3.3, EBITDA ₹2.2, PBT ₹2.2
  • Simon India: Income ₹11.7, EBITDA (₹1.9), PBT (₹2.2)
  • ZIAVPL (JV): Income ₹9.3, EBITDA ₹6.0, PBT ₹4.2