Investor Presentation
MODINATUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modi Naturals reported strong FY26 results with revenue of Rs 719.2 crore (up 8.5%), EBITDA of Rs 73.5 crore (up 31.2%), and PAT of Rs 50.3 crore (up 62.1%). The company achieved its full-year guidance across all parameters. Ethanol division emerged as the largest segment with revenue of Rs 337.4 crore and 17.3% EBITDA margin, while capacity more than doubled to 282 KLPD. Management guided for FY27 revenue of Rs 925-965 crore, EBITDA of Rs 100-105 crore, and PAT of Rs 66-70 crore. The company received Rs 400 crore ethanol order from OMCs. Credit ratings were upgraded to IVR BBB/Stable and IVR A3+. Working capital improved with net working capital days reduced from 66 to 62, and debt/equity improved from 1.22 to 0.94.
The company has turned around significantly with ethanol business driving profitability. FY27 guidance of Rs 100-105 crore EBITDA (vs Rs 73.5 crore in FY26) suggests continued margin expansion. Credit rating upgrade and improving balance sheet reduce financial risk, while strong order pipeline in ethanol provides revenue visibility.