• PLA capacity ramp-up: The plant is set up for an initial capacity of 80,000 tonnes with commercial sales starting around December–January, targeting a 50% utilization rate initially before reaching 100% capacity in FY28.
• PLA capex escalation: Total capex was raised to ₹3,080 crore from ₹2,850 crore, with upwards of ₹2,000 crore already incurred, primarily driven by currency depreciation on imported equipment and rising fuel costs.
• Revenue and margins: Peak revenue potential is guided at approximately ₹2,000 crore in FY28, with EBITDA margins targeting 35% by FY28 driven by integrated production from sugar to PLA.
• Long-term diversification target: Management plans to shift its revenue mix to 50% sugar, 30% PLA, and 20% ethanol, requiring the utilization of only 10% of the company's sugar.