Godavari Biorefineries Ltd

Godavari Biorefineries Ltd

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OVERVIEW
FINANCIALS
NEWS

About

Godavari Biorefineries started as Godavari Investment and Finance Corporation Limited in Mumbai in 1913 and worked under the same name till 2006. The business of the Godavari Sugar Mills Limited was then demerged into Godavari Refineries in 2008, and it has since manufactured products like sugar, ethanol, hand sanitisers, chemicals, natural wax, renewable energy, and food products, such as spices, sweeteners, and salt. It currently operates two manufacturing facilities, out of which one is in Bagalkot, referred to as the Sameerwadi manufacturing facility, and another in Ahmednagar, called the Sakarwadi manufacturing facility. The Sameerwadi facility is involved in producing rectified spirits and ethanol, sugar, and power, while the Sakarwadi facility is engaged in producing bio-based chemicals. With its diverse range of products, Godavari Biorefineries have catered to industries like adhesives and lubricants, electronics, food and beverages, personal care and cosmetics, pharmaceuticals, textile and leather, and agriculture, among others.

Incorporation Year: 1956
Headquarters: Mumbai
Top Management: Sameer Somaiya
Industry: FMCG

Featured In Fortune India Ranking

Next 500 India
#268(2024)#168(2023)#78(2022)#141(2020)#289(2018)#120(2017)
#268(2024)#168(2023)#78(2022)#141(2020)#289(2018)#120(2017)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,070
(INR Cr)
Net Operating Income
1,687
(INR Cr)
Assets
1,159
(INR Cr)
Profit
12
(INR Cr)
Net Worth
501
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212020201920182017201620152014201320122011
Revenue
(INR Cr)
2070
5.4%
1963
12.1%
1752
10.6%
1584
22.7%
1291
-13.7%
1495
10.6%
1351
33.0%
1016
-24.9%
1352
26.1%
1073
2.1%
1051
-15.7%
1245
18.0%
1055
-11.1%
1187
-
Net Operating Income
(INR Cr)
1687
-16.28%
2015
18.35%
1702
10.67%
1538
5.42%
1459
0.00%
1542
26.62%
1218
23.64%
1006
-27.39%
1386
43.84%
964
0.00%
1212
1.41%
1195
30.84%
913
-26.30%
1239
0.00%
Profit
(INR Cr)
12
-37.4%
20
0.9%
19
-28.3%
27
568.7%
4
86.2%
2
-
-21
-
-48
-
-16
-
-78
-
-32
-
4
-35.7%
6
59.0%
4
-
Assets
(INR Cr)
1159
-5.6%
1228
10.4%
1113
8.3%
1028
-0.2%
1029
-11.4%
1162
-10.4%
1297
31.9%
983
7.8%
912
-14.5%
1066
34.4%
793
-20.0%
991
-1.2%
1004
7.8%
931
-
Net Worth
(INR Cr)
501
2.3%
489
3.4%
473
4.3%
454
6.3%
427
0.0%
367
5.3%
349
-2.8%
116
-18.8%
143
-11.5%
162
0.0%
148
-17.9%
180
1.1%
178
1.1%
176
0.0%
Employee Cost
(INR Cr)
111
0.9%
110
17.9%
93
17.4%
79
0.4%
79
3.7%
76
7.7%
71
-3.0%
73
8.8%
67
19.4%
56
12.9%
50
-8.4%
54
38.7%
39
-31.1%
57
-
Interest Cost
(INR Cr)
76736072698988808484100866373
Cash & Bank Balance
(INR Cr)
3345474044354338363710887
Total Debt
(INR Cr)
655736637569589788938859766903623798810739

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212020201920182017201620152014201320122011
Profit As % Of Revenues 0.6%1.0%1.1%1.7%0.3%0.2%-----0.3%0.6%0.3%
Profit As % Of Assets 1.1%1.6%1.8%2.6%0.4%0.2%-----0.4%0.6%0.4%
Profit As % Of Networth 2.5%4.0%4.1%6.0%1.0%0.6%-----2.2%3.5%2.2%
Interest Cost to EBITDA % 56.6%49.8%45.3%45.9%66.5%69.3%85.7%133.9%83.2%191.9%95.6%72.3%65.4%68.1%
Debt to Equity Ratio 1.311.501.351.251.382.152.697.385.345.574.214.434.544.19
RONW 2.5%4.1%4.2%6.2%0.1%-0.2%------0.9%4.7%2.2%
ROCE 7.4%8.9%8.7%11.5%6.6%7.2%4.5%0.0%0.0%0.0%7.6%8.5%10.1%8.4%