The government\u2019s Make-in-India project has shifted a considerable focus to export activities. As part of the efforts to reduce dependency on imported crude oil and channelize excess sugar inventories into ethanol production, the authorities are promoting ethanol capacity expansion in the country.<\/p>\n\n\n\n
The Indian ethanol market is estimated to grow from $3.6 billion in 2020 to $8.9 billion by 2025, representing a CAGR of 19.8%, on the back of increased ethanol use in applications such as disinfectants, fuel additives, and beverages.<\/p>\n\n\n\n
Godavari Biorefineries recently filed a draft red herring prospectus with market regulator Securities and Exchange Board of India to raise funds via IPO.<\/p>\n\n\n\n
The IPO will comprise a fresh issue of equity shares worth \u20b93.7 billion and an offer for sale of 65,58,278 shares by promoters and investors. As per the draft papers, the company is considering a pre-IPO placement of shares worth \u20b91 billion.<\/p>\n\n\n\n
Godavari Biorefineries plans to utilize net proceeds of \u20b92.14 billion from the offering for repayment and partial repayment of loans. The company would use \u20b9448 million to fund capital expenditure for expanding sugarcane crushing operations and \u20b9106 million to fund capital expenditure for its potash unit. The remaining funds will be used for general corporate purposes.<\/p>\n\n\n\n
Godavari Biorefineries, the biggest integrated bio-refinery in India, is also one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals. The company is a major manufacturer of 3-Methyl-3-penten-2-one worldwide and is one among the only two manufacturers of natural 1,3 butylene glycol globally. It is also the fourth largest manufacturer of ethyl acetate, and the only company in the country to produce bio-ethyl acetate.<\/p>\n\n\n\n
The Mumbai-based company has a diversified portfolio comprising bio-based chemicals, sugar, rectified spirits, ethanol, other grades of alcohol, and power that caters to a range of industries.<\/p>\n\n\n\n
Godavari Biorefineries is a part of the Somaiya group of companies, which has an experience of over 80 years in the sugar industry and almost 60 years of experience in the bio-based chemicals industry.<\/p>\n\n\n\n
In fiscal 2021, Godavari Biorefineries had total revenues of \u20b915.46 billion, compared to \u20b914.72 billion in the previous year. The company had a total profit of \u20b9271 million, against \u20b940 million in 2020.<\/p>\n\n\n\n
The company\u2019s sugar, distillery, and cogeneration segments are dependent on the availability of sugarcane. Sugarcane crop is vulnerable to seasonal vagaries, adverse weather conditions, crop disease, and pest attacks that may adversely affect the availability and quality of sugarcane and feedstock. That could pose risks to the company\u2019s operations and financial performance.<\/p>\n","protected":false},"excerpt":{"rendered":"
The government\u2019s Make-in-India project has shifted a considerable focus to export activities. As part of the efforts to reduce dependency on imported crude oil and channelize excess sugar inventories into ethanol production, the authorities are promoting ethanol capacity expansion in the country. The Indian ethanol market is estimated to grow from $3.6 billion in 2020 […]<\/p>\n","protected":false},"author":83,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5746,5748,12,10444],"tags":[],"class_list":["post-124949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy-stocks","category-ipo","category-other-industries","category-others"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":176423,"url":"https:\/\/alphastreet.com\/india\/godavari-biorefineries-ltd-godavarib-q2-2025-earnings-call-transcript\/","url_meta":{"origin":124949,"position":0},"title":"Godavari Biorefineries Ltd (GODAVARIB) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Godavari Biorefineries Ltd (NSE: GODAVARIB) Q2 2025 Earnings Call dated Nov. 19, 2024 Corporate Participants: Samir S. 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