Investor Presentation

**Financial Highlights:** Q1FY26 revenue surged 28.75% YoY to ₹821.19 Cr, driven by robust growth in Bio-Fuel & Spirits (+83.55%) and Country Liquor (+50.72%). However, profitability was significantly impacted, with EBITDA down 81.75% to ₹6.33 Cr (0.77% margin) and a PAT loss of ₹19.37 Cr, primarily due to sharp declines in Sugar and Bio-Fuel & Spirits margins.

Long-term debt to equity remains stable at 0.30x. **Strategic Initiatives & Growth Drivers:** The company is repositioning as a value-added sugar manufacturer and bio-energy company.

Key initiatives include focusing on sugar premiumization, enhancing packaged sugar capacity, and producing pharma-grade sugar.

Production of grain-based ethanol has commenced, indicating a move towards dual-feed ethanol manufacturing for future growth. **Business Developments:** Dhampur Bio Organics operates integrated manufacturing facilities across three strategic locations, leveraging synergies in production.

Its diversified business model spans Sugar, Biofuels & Spirits, and Country Liquor segments, aiming to de-risk the core sugar business. **Market Position & Competitive Advantage:** With over nine decades of experience, the company holds a strong market position, supported by a diversified business model and forward-integrated facilities.

A focus on cane development and strong credit profile (CARE A-, Stable) further enhances its competitive standing.

Non-sugar segments are increasingly contributing to revenue. **Investor Implications:** While revenue growth is strong, investors should monitor the significant margin compression in core segments which impacted Q1 profitability.

The strategic shift towards value-added products and bio-energy offers positive long-term potential, though execution challenges in current market conditions require attention.

The stable debt profile provides financial resilience.