ZUARIINDNSEZUARI INDUSTRIES LIMITEDMediumNeutral
Announced Tue, 3 Jun · 17:26 IST

ZUARI INDUSTRIES LIMITED has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapOrder Pipeline DisclosedInvestor Communications View source PDF

ZUARIIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Zuari Industries held its first-ever earnings call covering Q4 and FY25 results. FY25 revenue from operations grew 22% YoY to INR 871 crores, while operational EBITDA jumped 42% YoY to INR 70 crores (margin 8.2%). The company, however, reported a net loss of INR 37.4 crores due to an impairment in its furniture business. The sugar division was the standout, with sugar revenue up 47% to INR 604 crores, record sugarcane crushing of 157 lakh quintals, and ethanol sales up 40% to INR 226 crores. The board declared a final dividend of INR 1 per share (10%). The real estate arm achieved full sell-out of its Dubai St. Regis project (investment INR 450-500 crores, expected returns INR 750-800 crores) and is pivoting to an asset-light development management model with two new mandates in Hyderabad and Kolkata. Management guided to no share buyback, declined to give numerical guidance, and outlined a focus on de-leveraging, operational excellence, and scaling bioethanol capacity to 1,000 KLPD.

Likely market impact

Positive for the stock as core sugar-ethanol operations are firing and a clear de-leveraging roadmap is in place, but the FY25 net loss, real estate revenue decline, and regulatory uncertainty around 381 acres of Goa land are near-term overhangs. Watch for Dubai project cash repatriation this fiscal year.