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Earnings Call

Zuari Industries Earnings Call: Key Takeaways

Zuari reports record sugar crushing and high capacity utilization, yet margins face pressure from stagnant ethanol pricing and rising chemical costs.

Highlights
MarginsPressured by stagnant ethanol prices and higher chemical costs.
Demand visibilityStable for sugar; awaiting government ethanol price revision.
Management confidenceBalanced; optimistic on deleveraging but cautious on ethanol overcapacity.

Growth

Achieved record crushing of 163.7 lakh quintals; sugar realizations improved 4.1% to ₹4053/quintal.

Outlook

Expecting ₹850-900cr inflow from Dubai project by H2 FY26 to drastically deleverage debt.

Risks

High ethanol overcapacity (100% surplus), stagnant government ethanol pricing, and macroeconomic risks affecting capex.

Source

Earnings Call filed with NSE, NSE: ZUARIIND. Summary written with AI assistance from the document.

Read the document ↗

Zuari Industries Ltd: key numbers

Share price
₹290.20
Market cap
₹864.2 Cr
Revenue (annual)
₹1,045 Cr
Net profit (annual)
₹108.0 Cr
P/E (TTM)
8.0×Sector 29.0×
Promoter holding
56.71%+0.00% QoQ
FII holding
1.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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