Dhampur Bio Organics Limited — PPTs, 05-05-2025: Investor Presentation

1. Financial Highlights:

Dhampur Bio Organics posted Q4 revenue of ₹702.48 Cr, up 18.14% YoY, driven by volume and price gains across Sugar, Bio-fuels, and Country Liquor. EBITDA increased 14.33% to ₹99.54 Cr (14.17% margin), with PAT at ₹39.65 Cr (5.64% margin). Annual revenue rose 14.96% to ₹2,714.40 Cr, supported by 9.94% growth in Sugar and 55.63% in Country Liquor. Bio-fuels saw a 34.29% revenue drop, impacting FY25 margins. FY25 EBITDA stood at ₹143.64 Cr (5.29%), PAT was ₹12.09 Cr (0.45%). Long-term debt-to-equity remains modest at 0.30x, with ₹64.26 Cr in loans repaid.

2. Strategic Initiatives & Growth Drivers:

DBO is prioritizing premiumization of sugar through expanded packaged and pharma-grade capacities, targeting value-added products to reduce commodity risk. Cane development utilizes advanced agri-tech, drones, and organic methods, lifting net recovery to 10.32%. The company is ramping ethanol production via a dual-feed distillery and expanding country liquor capacity to capture higher market share.

3. Business Developments:

Sugar and country liquor volumes grew notably, with Q4 country liquor sales up 79.61% YoY supported by a 71.83% volume rise. Ethanol sales volume increased 13.06% in Q4 despite biofuel margin pressures in FY25. Integrated manufacturing across three plants aids operational synergies and product diversification.

4. Market Position & Competitive Advantage:

With 90+ years of experience, DBO leverages strong leadership and strategically located integrated facilities in Uttar Pradesh. Diversification into distillery and cogeneration mitigates sugar sector risks, while non-sugar segments provide stable margins. Farmer engagement and tech-driven cane development underpin sustainable competitive advantages.

5. Investor Implications:

Focus on premiumization and improved recovery underpin positive growth potential. Margin headwinds in biofuels and commodity price volatility remain execution risks. Conservative leverage and enhanced operating efficiency bolster resilience, making DBO attractive for investors eyeing integrated sugar and bio-energy exposure with diversified revenue streams.