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Godavari Biorefineries Posts Revenue Growth but Softer Margins in Q4 and FY26

Story Highlights
  • Godavari Biorefineries posted modest Q4 revenue decline year-on-year but strong sequential growth, with margins and profit under pressure versus last year yet sharply improved from the previous quarter.
  • For FY26, the company delivered higher total income and EBITDA, driven by a strong rebound in its integrated sugar, cogeneration and ethanol segment, while bio-based chemicals profitability remained comparatively subdued.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Godavari Biorefineries Posts Revenue Growth but Softer Margins in Q4 and FY26

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The latest update is out from Godavari Biorefineries Limited ( (IN:GODAVARIB) ).

Godavari Biorefineries Limited reported consolidated total income of Rs 570 crore for the March quarter of FY26, down 3.2% year-on-year but up 23.4% sequentially, reflecting a rebound despite industry headwinds. The company’s EBITDA for the quarter stood at Rs 92.1 crore with a margin of 16.2%, while profit after tax was Rs 52.9 crore, marking a decline versus the prior year but a sharp improvement from Q3.

For the full year FY26, total income rose to Rs 2,000.2 crore from Rs 1,886.9 crore, and EBITDA improved to Rs 139.3 crore, although margins remained under pressure compared with the previous year. Segment-wise, EBITDA from the integrated sugar, cogeneration and ethanol business reached Rs 83.9 crore in Q4, more than doubling sequentially, while the bio-based chemicals segment saw weaker profitability, underscoring mixed operating conditions across the company’s portfolio.

More about Godavari Biorefineries Limited

Godavari Biorefineries Limited is one of India’s largest producers of ethanol and a pioneer in bio-based specialty chemicals. The company operates an integrated sugar, cogeneration and ethanol platform, positioning itself in the bio-based and renewable chemicals value chain with a focus on both fuel ethanol and higher-value chemical products.

Average Trading Volume: 25,794

Technical Sentiment Signal: Buy

Current Market Cap: 16.73B INR

Learn more about GODAVARIB stock on TipRanks’ Stock Analysis page.

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