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Godavari Biorefineries Ltd

NSE: GODAVARIB BSE: 544279

Incorporated in 1939, Godavari Biorefineries Ltd is a manufacturer of Bio-based Chemicals and Ethanol[1]

306
52W: ₹186 — ₹354
PE 31 · Book ₹139 · +120% vs book
Market Cap₹1,564 Cr
Stock P/E31Price to Earnings
ROCE5.5%Return on Capital
ROE0.41%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company has reduced debt.
  • +Debtor days have improved from 34.6 to 25.5 days.

Weaknesses

  • The company has delivered a poor sales growth of 5.05% over past five years.
  • Company has a low return on equity of 1.28% over last 3 years.

Shareholding Pattern

Promoters63.31%
FIIs0.98%
DIIs10.39%
Public25.31%
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters63.31%63.31%63.31%63.31%63.31%63.31%
FIIs1.14%0.96%0.20.63%0.30.6%0.00.86%0.30.98%0.1
DIIs14.88%14.17%0.713.98%0.211.98%2.011.16%0.810.39%0.8
Public20.67%21.56%0.922.09%0.524.11%2.024.67%0.625.31%0.6

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales234.23396.58612.53516.16315.94445.37575.7523.12422.81456.88
Expenses266.35352.93499.2529.15350.02408.48465.48518.41431.95414.01
Operating Profit-32.1243.65113.33-12.99-34.0836.89110.224.71-9.1442.87
OPM %-13.71%11.01%18.5%-2.52%-10.79%8.28%19.15%0.9%-2.16%9.38%
Net Profit-66.0337.2764.98-26.89-76.466.1170.08-16.64-42.638.1
EPS ₹-15.748.8915.49-6.41-18.231.1913.69-3.25-8.331.58

AI Insights

Revenue Trend

TTM revenue at ₹1,979Cr, up 6.8% YoY. OPM at 8%.

Debt Position

Borrowings at ₹490Cr. Debt-to-equity ratio: 0.74x. Moderate leverage.

Capex Cycle

CWIP at ₹82Cr (10% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 10.39% (-4.49pp change). FIIs: 0.98% (-0.16pp change). Promoters hold 63.31%.

Margin & Efficiency

ROCE improving from 0% (Mar 2020) to 6% (Mar 2025). Working capital days: 18.

Valuation

PE 31x with 5.5% ROCE. Price is 120% above book value of ₹139. Dividend yield: 0%.

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