pl go through Investor call recoding of Dhampur Bio. Salient points:
Cane crush quantity for this season – no guidance as not sure.
Recovery – cant say right now
Distillery – when remain underutlised inspite of capex of 50cr for grain based modification. they could not bid for maize based ethanol as plant was not ready!! Management view – Maize prices are anyway going to be very high… but if it comes down due to some reason like imports… then also they will not be able to make ethanol !!
Company has plant for pharma grade sugar exports – but exports are banned ! so realisation is not as expected.
Focusing on country liquor – realisation is falling…
What is to be done with profits/cash as there is no capex – this is most convoluted reply i have ever heard.
Lots of promises but poor delivery… company has potential but something or the other happens… is it bad luck or bad management?
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