- Dhampur Bio Organics Limited, based in India, is a leading integrated sugarcane processing company.
- The company operates in two main segments: Sugar and Bio Fuels & Spirits.
- Q2 FY24 financial highlights include a revenue of ₹665.50 Crore, EBITDA of ₹20.51 Crore, and a PAT of ₹0.81 Crore.
- The sugar segment had a non-operational quarter due to lower recovery in the last Sugar Season 2022-23.
- The Bio Fuels & Spirits segment showed revenue growth of 8.55% in Q2 FY24.
- Country Liquor segment saw significant revenue growth of 384.08% in Q2 FY24.
- The company's adjusted revenue from operations for H1 FY24 was ₹1,341.76 Crore, a 29.35% increase from H1 FY23.
- EBITDA margin for Q2 FY24 was 3.08%, and for H1 FY24, it was 4.59%.
- The company's long-term loans amounted to ₹248.22 Crores as of September 30, 2023.
- The company's net working capital was a surplus of ₹20 Crores as of September 30, 2023.
- The long-term debt to equity ratio was 0.25 times as of September 30, 2023.
- The company's promoter shareholding is 50%, with FII at 5%, NRI at 1%, and individual shareholders at 37%.
- The Indian sugar production for the season 2022-23 is estimated at 32.8 Mn tons, with Uttar Pradesh leading at 10.5 Mn tons.
- Contracts for 565.24 crore litres of ethanol have been executed for the Ethanol Supply Year 2022-23.
- The average blending percentage of ethanol in India is 11.72%.
- Ethanol diversion from sugar juice and B-Heavy Molasses is estimated to be around 4.11 Mn metric tons of sugar.
- Grain-derived ethanol is expected to be 171.89 crore litres during ESY 22-23, up from 19% in the previous year.