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

Note:
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