🧪 Godavari Biorefineries Q4 Results: ₹7,180 Cr PAT, 18% Revenue Growth — But Why Is the CMP Still Only ₹192?
Godavari Biorefineries Ltd posted a net profit of ₹7,180 lakh in FY25, up from ₹6,478 lakh last year. Revenue rose 11.7% YoY to ₹1,87,055 lakh. EPS stood at ₹14.05 — and yet the stock is sulking at just ₹192. Is this undervaluation or is the market smelling something fishy in the fermentation tank?
🏢 About the Company
Sector: Agro-chemicals, ethanol, sugar, and green chemicals
Founded: 1939 (yes, this company is older than your dad’s dad)
HQ: Mumbai, Maharashtra
Core Biz: Sugar milling, power cogeneration, ethanol distillation, and biobased chemicals — all under one ESG-friendly roof
Recent IPO: Listed in Oct 2024, ₹352 issue price. CMP? ₹192. Welcome to the Indian markets.
🧑💼 Key Managerial Personnel (KMP)
Name
Role
Samir Somaiya
Chairman & Managing Director
Naresh S. Khetan
CFO
Swapna Gunware
Company Secretary
✅ Auditor opinion: Unmodified, no skeletons (yet) found in the sugarcane fields.
📊 Financials (FY25 vs FY24)
Metric
FY25 (₹ Cr)
FY24 (₹ Cr)
Change
Revenue from Operations
₹1,870.55
₹1,686.66
🔼 +11.7%
Total Income
₹1,886.91
₹1,701.06
🔼 +10.9%
EBITDA (est.)
₹17,125.20
₹15,244.60
🔼 +12.3%
Net Profit (after tax)
₹71.80 Cr
₹64.78 Cr
🔼 +10.8%
EPS (Basic & Diluted)
₹14.05
₹15.50
🔻 -9.4%
Equity Share Capital
₹51.17 Cr
₹41.94 Cr
📈 IPO-led jump
Other Equity
₹730.78 Cr
₹458.73 Cr
📈 Doubled
💡 Note: There’s a one-time deferred tax hit of ₹24.49 Cr in FY25 that makes the numbers look worse — a classic “it’s not us, it’s the government” situation.
