For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q: Can you provide a roadmap for the 75 KLPD biodiesel plant, including CapEx, timelines, and revenue potential? How will this contribute to offsetting the decline in the edible oil segment? A: Most of the CapEx for the biodiesel plant has been incurred, with a total project cost of around 140 crore INR. We expect to commission it by July 2025. At full capacity, it should generate 200-225 crore INR in revenue. We are focusing on higher-margin businesses like biodiesel and ethanol to replace the low-margin edible oil segment, which utilized significant working capital.
Q: What are the expected volumes and revenue from the distillery segment for the coming year, and what is the CapEx plan? A: We expect similar revenue figures from the distillery segment next year, with the addition of the 150 KLPD plant. The CapEx for the 75 KLPD biodiesel plant is around 140 crore INR, with most already incurred. The 150 KLPD ethanol plant has a total CapEx of 110 crore INR, with about 30 crore INR spent so far.
Q: How did the 700 KLPD capacity perform this year, and what were the average maize prices? A: The 100 KLPD Karakpur expansion started in June 2024, and we faced some challenges with the paddy straw boiler in Bathinda. However, for the past two quarters, we've been operating at 100% capacity. The average maize price for the last quarter was around 25.5 INR, and we expect it to remain around this level for the year.