Financial and Organizational Resilience
Financial
Highlights
₹147.5 Cr
FY 2024–25
Revenue
₹12.6 Cr
EBITDA
₹3.45 Cr
PAT
~5 Cr liters
FY 2025–26
Projection
CRISIL Rating
Upgraded — Stable Outlook
Incentives Secured,
₹4.7 Cr under GOI Interest Subvention and Rs 1.19 Cr under Maharashtra PLI scheme till Jan’2026
Financial Perfromance
Greenative’s first year of operations marked a clear transition from project execution to performance.
We reported ₹147.5 Cr in revenue, with positive EBITDA ₹12.6 Cr and PAT ₹3.45 Cr, underscoring early profitability and a scalable operating model.
- ₹147.5 Cr Revenue
- ₹12.6 Cr EBITDA
- ₹3.45 Cr PAT
By Jan 2025, Production has reached 4.3 Cr liters, surpassing the previous years volume, setting up for 5 Cr Liters in FY 2025-26
Revenue Model
Our revenues are anchored In two stable streams
Ethanol Sales
Long-term supply to public & private OMCs under the Ethanol Blending Program
By-Products
DDGS (farmers/feed), fly ash (cement), CO₂ (F&B).
FY 2024–25
Performance Snapshot
Revenue Growth
2.24 Cr liters → 5 Cr liters projected for FY 25–26
2.34%
Net Profit Margin
7.87%
ROCE
Debt
Structured with disciplined servicing
Incentives & Policy Support
Maharashtra State
100%
100% Industrial Promotion Subsidy (eligible investments or SGST)
100%
100% Stamp Duty Exemption on project documents
01
Government of India (DFPD)
Interest Subvention
50% of interest rate or 6% (whichever is lower)
₹3.21 Cr
₹3.21 Cr already received under this scheme
02
Incentives & Policy Support
100%
100% Industrial Promotion Subsidy (eligible investments or SGST)
100%
100% Stamp Duty Exemption on project documents
Government of India (DFPD)
Interest Subvention
50% of interest rate or 6% (whichever is lower)
₹4.7 Cr
₹4.7 Cr already received under this scheme
External Rating (CRISIL)
CRISIL has upgraded our long-term rating with a Stable Outlook, citing
Experienced promoters and ecosystem strength
Successful commissioning, transition to steady operations
