Integrated Filing — IndAS



General information about company

Scrip Code 544279
NSE Symbol GODAVARIB
MSEI Symbol NOTLISTED
ISIN INE497S01012
Name of company GODAVARI BIOREFINERIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 22-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 22-05-2026   19:30:00
End date and time of board meeting 22-05-2026   22:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 56,410.30 1,98,794.26
Other income 589.77 1,221.08
Total income 57,000.07 2,00,015.34
2 Expenses
(a) Cost of materials consumed 68,178.76 1,48,906.48
(b) Purchases of stock-in-trade 611.20 2,890.56
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (34,160.90) (9,135.83)
(d) Employee benefit expense 3,672.40 13,522.41
(e) Finance costs 1,130.09 4,913.13
(f) Depreciation, depletion and amortisation expense 1,392.37 5,449.18
(f) Other Expenses
1 Other Expenses 9,487.92 29,898.91
Total other expenses 9,487.92 29,898.91
Total expenses 50,311.84 1,96,444.84
3 Total profit before exceptional items and tax 6,688.23 3,570.50
4 Exceptional items 339.49 (3,113.82)
5 Total profit before tax 7,027.72 456.68
6 Tax expense
7 Current tax 12.30 65.20
8 Deferred tax 1,726.94 38.68
9 Total tax expenses 1,739.24 103.88
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 5,288.48 352.80
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 5,288.48 352.80
17 Other comprehensive income net of taxes 266.51 92.42
18 Total Comprehensive Income for the period 5,554.99 445.22
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 5,117.60 5,117.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 50,241.32
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 10.33 0.69
Diluted earnings (loss) per share from continuing operations 10.33 0.69
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 10.33 0.69
Diluted earnings (loss) per share from continuing and discontinued operations 10.33 0.69
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 5 Effective November 21, 2025, the Government of India has notified four Labour Codes (‘New Labour Codes'), which have consolidated and replaced 29 existing labour laws. The Company had on estimate basis accounted for Gratuity and Leave Encashment expenses of Rs 787.72 Lakhs towards impact of the changes brought about by the New Labour Codes in the quarter ended December 31, 2025. However as on 31st March 2026 the final figures arrived at is Rs 448.22 Lakhs. This having a one time effect has been recognised as an exceptional expense. 6 The neighbouring sugar mills have agreed to pay additional harvesting charges to contractors for the season 2023-2024, thus, in order toremain competitive, the Company has decided that it will also pay additional harvest charges related to the 2023-2024 sugar season. Accordingly, the Company has recognized and decided to provide for an exceptional expense amounting to INR 2665.59 lakhs.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 86,408.84
Capital work-in-progress 12,933.71
Investment property 0.00
Goodwill 0.00
Other intangible assets 183.57
Intangible assets under development 1,864.89
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.21
Non-current financial assets
Non-current investments 5.04
Trade receivables, non-current 49.19
Loans, non-current 0.00
Other non-current financial assets
1 OTHER FINANCIAL ASSETS 1,896.89
Total of other non-current financial assets 1,896.89
Total non-current financial assets 1,951.12
Deferred tax assets (net) 0.00
Other non-current assets
1 Other Non-Current Assets 2,730.69
Total of other non-current assets 2,730.69
Total non-current assets 1,06,073.03
2 Current assets
Inventories 77,580.07
Current financial asset
Current investments 0.00
Trade receivables, current 11,359.64
Cash and cash equivalents 1,525.34
Bank balance other than cash and cash equivalents 1,689.93
Loans, current 0.00
Other current financial assets
Total of other current financial assets 793.89
Total current financial assets 15,368.80
Current tax assets (net)
Other current assets
1 Other Current Assets 6,203.38
Total of other current assets 6,203.38
Total current assets 99,152.25
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 2,05,225.28
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 5,117.60
Other equity 73,711.31
Total equity attributable to owners of parent 78,828.91
Non controlling interest 0.00
Total equity 78,828.91
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 33,332.34
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 48.96
2 Other Financial Liabilities 947.20
Total of other non-current financial liabilities 996.16
Total non-current financial liabilities 34,328.50
Provisions, non-current 300.56
Deferred tax liabilities (net) 4,289.43
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 37.36
Total of other non-current liabilities 37.36
Total non-current liabilities 38,955.85
Current liabilities
Current financial liabilities
Borrowings, current 19,675.97
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,376.52
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 55,550.55
Total Trade payable 56,927.07
Other current financial liabilities
1 Other current financial liabilities 3,635.02
2 Lease Liability 19.18
Total of other current financial liabilities 3,654.20
Total current financial liabilities 80,257.24
Other current liabilities 6,458.53
1 Other current liabilities 6,458.53
Total of other current liabilities 6,458.53
Provisions, current 715.37
Current tax liabilities (Net) 9.38
Deferred government grants, Current 0.00
Total current liabilities 87,440.52
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,26,396.37
Total equity and liabilites 2,05,225.28
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Sugar 54,089.67 1,27,945.04
2 Cogeneration 8,276.35 16,028.08
3 Bio Based Chemicals 14,735.87 57,798.89
4 Distillery 22,068.18 66,364.97
5 Unallocated 0.0053881 2,680.04
Total Segment Revenue 99,708.88 2,70,817.02
Less: Inter segment revenue 43,298.58 72,022.76
Revenue from operations 56,410.30 1,98,794.26
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Sugar 6,088.30 2,303.88
2 Cogeneration 1,211.50 (360.68)
3 Bio Based Chemicals 736.26 3,631.47
4 Distillery 296.67 947.22
5 Unallocated (174.92) (1,152.08)
Total Profit before tax 8,157.81 5,369.81
i. Finance cost 1,130.09 4,913.13
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 7,027.72 456.68
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Sugar 79,611.53 79,611.53
2 Cogeneration 8,502.10 8,502.10
3 Bio Based Chemicals 47,695.74 47,695.74
4 Distillery 67,924.04 67,924.04
5 Unallocated 0.00 0.00
Total Segment Asset 2,03,733.41 2,03,733.41
Un-allocable Assets 1,491.85 1,491.85
Net Segment Asset 2,05,225.26 2,05,225.26
4 Segment Liabilities
Segment Liabilities
1 Sugar 82,838.39 82,838.39
2 Cogeneration 1,201.22 1,201.22
3 Bio Based Chemicals 16,466.87 16,466.87
4 Distillery 21,600.41 21,600.41
5 Unallocated 0.00 0.00
Total Segment Liabilities 1,22,106.89 1,22,106.89
Un-allocable Liabilities 4,289.48 4,289.48
Net Segment Liabilities 1,26,396.37 1,26,396.37
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (266.51) (92.42)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 266.51 92.42



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 456.68
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4,913.13
Adjustments for decrease (increase) in inventories (3,608.73)
Adjustments for decrease (increase) in trade receivables, current 3,100.36
Adjustments for decrease (increase) in trade receivables, non-current 257.39
Adjustments for decrease (increase) in other current assets 3,907.20
Adjustments for decrease (increase) in other non-current assets (1,172.34)
Adjustments for other financial assets, non-current (698.05)
Adjustments for other financial assets, current 771.72
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 3,535.13
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 389.95
Adjustments for increase (decrease) in other non-current liabilities (5.59)
Adjustments for depreciation and amortisation expense 5,449.18
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (18.03)
Adjustments for provisions, non-current 55.49
Adjustments for other financial liabilities, current (7.51)
Adjustments for other financial liabilities, non-current 349.64
Adjustments for unrealised foreign exchange losses gains 16.91
Adjustments for dividend income 0.00
Adjustments for interest income 333.42
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (112.94)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 16,789.49
Net cash flows from (used in) operations 17,246.17
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 113.63
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 17,132.54
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 330.76
Purchase of property, plant and equipment 16,892.98
Proceeds from sales of investment property 0.00
Purchase of investment property 5.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 308.99
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (16,258.23)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 187.26
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 14,445.49
Repayments of borrowings 10,221.85
Payments of lease liabilities (32.63)
Dividends paid 0.00
Interest paid 5,017.62
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (574.09)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 300.22
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 300.22
Cash and cash equivalents cash flow statement at beginning of period 1,225.12
Cash and cash equivalents cash flow statement at end of period 1,525.34





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results No
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 VERMA MEHTA & ASSOCIATES Yes 31-08-2028