Delivering growth through the years

Well-diversified and growing revenues

  • FY 19-23 Gross Revenue; CAGR 19.0%
  • Rising revenue contribution from non-sugar businesses - from 21% to 34% during FY 19-23#

Progressively improving profitability

  • FY 19-23 PBIT; CAGR 17.5%
  • Rising profitability contribution from non-sugar businesses - from 34% to 51% during FY 20-23

Strong balance sheet position

  • Improved leverage and cost of funds over the 5-year period
  • ICRA reaffirmed Long Term Credit Rating of AA (Stable) in March 2023

Consistent focus on returns

  • Long history of returning cash through combination of dividend and buybacks
  • 40% of cash generation during FY 19-23 was utilised towards rewarding shareholders through dividend and buybacks

Based on Standalone Statement of Cash Flows from FY 19 to FY 23
*Capital Expenditure: Purchase of property, plant and equipment and intangible assets, net of term loans availed/paid
#Percentage calculated on net revenue from operations