ALFA Finder| Revenue growth | 22% consolidated YoY growth driven by sugar and real estate segments. |
|---|---|
| Margins | Pressure from sugar cane price hikes; ethanol margins remain static. |
| Order book | ₹6,000 Cr real estate order book; asset-light DM model scaling. |
| Demand visibility | Positive sugar price outlook; high demand for Dubai residential projects. |
| Management confidence | Balanced, focused on asset-light real estate and debt deleveraging targets. |
Growth
Consolidated revenue grew 22% YoY; sugar sales rose 29% via higher quotas, despite margin pressure from 8% SAP hike.
Outlook
Management expects ₹900 Cr profit repatriation from Dubai by end of FY27, targeting ₹10,000 Cr GDV in real estate.
Risks
Higher sugar cane prices and potential regulatory changes in ethanol blending remain primary margin triggers.
Last quarter's promises, checked
Delivered
- Guided Dubai BCC by May → Received BCC 21 May (= BEAT)
- Guided 100% Dubai sales → 100% sold out (= BEAT)
- Guided sugar capacity optimization → 101.7% utilization (= BEAT)
Partly delivered
- Guided ethanol price revision → Long overdue, industry still waiting (= PARTIAL)
Missed
- Guided deleveraging every quarter → Debt remained at ₹1,900 Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: ZUARIIND. Summary written with AI assistance from the document.
Zuari Industries Ltd: key numbers
- Share price
- ₹252.88
- Market cap
- ₹753.1 Cr
- Revenue (annual)
- ₹1,045 Cr
- Net profit (annual)
- ₹108.0 Cr
- P/E (TTM)
- 7.0×Sector 29.0×
- Promoter holding
- 56.71%+0.00% QoQ
- FII holding
- 1.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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