What we do True Green Bio Energy Ltd manufactures yarns and is transitioning into grain-based ethanol production, targeting sustainable bioenergy solutions with a 300 KLPD capacity plant. |
Founded in 2,023 |
Market share Emerging player in textile yarns and bioethanol sectors with strategic off-take agreements with major oil companies. |
Problem solved Provides eco-friendly energy alternatives and fulfills growing demand for sustainable yarn products in textiles. |
Top clients or who we serve Primarily B2B serving textile manufacturers and petroleum companies such as BPCL, IOCL, HPCL for ethanol supply. |
Key management Mr. Rajan Srivastava - Whole Time Director; Mr. Shashank Paranjape - CEO; Mr. Satish Bhatt - CFO. |
Our journey and innovations Transitioned from textile yarn manufacturing to bioethanol production; established 300 KLPD grain-based ethanol plant with Zero Liquid Discharge. |
Where we operate India with emerging exports to Rest of World markets. |
Top products or what we offer Polyester yarns (POY, MFY, DTY, FDY) and upcoming grain-based ethanol biofuel. |
Top brands Not specified distinct brands; key offerings include yarn products and ethanol. |
Raw materials needed Polyester fibers for yarn; grains for ethanol production. |
Raw materials supplier Not specified. |
Recurring vs cyclical contribution Yarn segment generates recurring revenues; ethanol segment is emerging with future growth potential. |
Our industry position Growing presence with strategic contracts in bioethanol fueling future competitiveness. |
Financial highlights FY 2025 revenue Rs. 23.29 crores; net loss Rs. 2.19 crores reflecting investment phase and operational shifts. |
Geographical revenue split India accounts for majority revenue (Rs. 22.12 Cr), minor from Rest of World (Rs. 0.22 Cr). |
Order book - |
Whats driving growth Government licenses, ethanol demand, strategic off-take agreements, and capacity expansion. |
Our future plans Commence ethanol production by September 2025; focus on biofuel market expansion. |
Our green promise Zero Liquid Discharge ethanol plant aligning with environmental sustainability. |
Our people and values Focus on governance, diversity, adherence to legal compliance and internal controls with dedicated workforce. |
Key challenges ahead Managing transition risks, competitive biofuel market, capital investment returns. |
Interesting facts Converted from textile to bioenergy enterprise with strategic ethanol production license and major fuel supply contracts. |
Risks and strategy Mitigates risks via robust compliance, diversified product lines, and solid partnerships with fuel companies. |
