Modi Naturals Ltd
Modi Naturals Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Consumer division: Anticipated growth driven by new products like ready-to-eat snacks and expanded presence in Tier 2 and Tier 3 markets. Modi Naturals is confident of achieving their full-year guidance for FY’26 with no upward revision announced yet but they are on track.
From Modi Naturals Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Consumer division: Anticipated growth driven by new products like ready-to-eat snacks and expanded presence in Tier 2 and Tier 3 markets.
- Ethanol division: Expected strong growth supported by favorable industry dynamics, capacity expansion to 310 KLPD starting December 2025, and growing fuel consumption (motor spirit up by 8% YoY).
- Bulk division: Expected improvement in the second half of the year due to fresh crop arrivals and price normalization.
- Overall revenue: Modest growth in H1 FY’26 with confidence to meet full-year guidance despite short-term GST disruptions.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Modi Naturals Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Modi Naturals is currently undergoing a major capacity expansion in its ethanol division.
- The second phase of the 180 KLPD ethanol plant expansion is under trial and expected to start operations by December 2025.
- Upon completion, total ethanol capacity will increase to 310 KLPD.
- Future plans include raising capital if needed, though currently the company is fairly okay on the capital front.
- Management expects strong internal approvals over the next 12 to 18 months to manage borrowings and capital needs.
2 more points management made on capital expenditure plans
Top-ranked in Agricultural Food & other Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Modi Naturals Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Modi Naturals has secured substantial business visibility ahead of the next ethanol supply year (ESY).
- They have confirmed orders for 49,700 KL of ethanol along with by-product orders worth INR 400 crores from OMCs in the October 2025 cycle 1 tender.
- Additional orders are expected in subsequent tenders to fully utilize their expanded ethanol capacity.
2 more points management made on order book & pipeline
Modi Naturals Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹243 Cr, net profit ₹20 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Modi Naturals Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Modi Naturals Ltd Q2 FY26 results?
Consumer division: Anticipated growth driven by new products like ready-to-eat snacks and expanded presence in Tier 2 and Tier 3 markets. Modi Naturals is confident of achieving their full-year guidance for FY’26 with no upward revision announced yet but they are on track.
What is Modi Naturals Ltd share price analysis?
Modi Naturals Ltd currently shows a neutral. The stock trades at a P/E of 12.0 with a market cap of ₹531 Cr. Investors should review the full earnings analysis for detailed insights.
Is Modi Naturals Ltd planning capital expenditure?
Modi Naturals is currently undergoing a major capacity expansion in its ethanol division.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.