India Glycols Limited — Investor Meet, 26-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

India Glycols reported strong Q4 and FY25 growth with net revenue of INR 926 Cr in Q4 and INR 3,768 Cr annually. Bio-Fuels surged 48% in Q4 and 104% yearly, driven by government blending support, while Potable Spirits rose 15% in Q4 and 23% annually, led by premiumization and Amrut partnership. Spirits EBIT margin improved to 27.6%, Chemicals revenue declined but margins improved, and the JV showed strong margin recovery. Management remains confident on Bio-Fuels growth, stable feedstock, and manageable debt ahead of demerger. Focus remains on premiumization, geographic expansion, and value addition.