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Earnings Call

Balrampur Chini Mills Earnings Call: Key Takeaways

Balrampur Chini Mills reported FY26 revenue of ₹6,271cr with EBITDA of ₹741cr. The company is diversifying into Bioplastics (PLA) with a 250 TPD plant under implementation to create new revenue streams.

Highlights
Revenue growthFY26 Revenue at ₹6,271 crore.
MarginsSugar PBIT margin at 9.3% in FY26.
Demand visibilityStrong global carbon demand shift toward bio-based materials.
Management confidenceHigh on bio-based carbon economics vs fossil-based.

Growth

Sugar segment revenue reached ₹5,507.2cr in FY26; sugar realization rose to ₹40.7/kg from ₹39.1/kg YoY.

Outlook

Launching India's first industrial bio-polymer (PLA) plant. Aiming for 20% ethanol blending; interim dividend of 350% declared.

Risks

Cane availability impacted by weather/pests; high raw material costs (FRP) without commensurate ethanol price hikes.

Last quarter's promises, checked

Delivered

  • Guided 5% to 6% crushing growth → delivered ~6% (= BEAT)
  • Guided sugar realization increase → delivered ₹40.7/kg vs ₹39.1/kg YoY (= BEAT)
  • Guided PLA project progress → delivered 90% equipment arrival and ₹1421cr spend (= BEAT)

Partly delivered

  • Guided 5 crore liter maize ethanol tender → delivered 3.15 crore liter allocation (= PARTIAL)

Missed

  • Guided 0.2%-0.3% recovery improvement → delivered 0.10%-0.15% (= MISS)
  • Guided 28cr liter ethanol sales → delivered 26-27cr liters (= MISS)
Source

Earnings Call filed with NSE, NSE: BALRAMCHIN. Summary written with AI assistance from the document.

Read the document ↗

Balrampur Chini Mills Ltd: key numbers

Share price
₹685.80
Market cap
₹14,511 Cr
Revenue (annual)
₹6,271 Cr
Net profit (annual)
₹378.5 Cr
P/E (TTM)
39.1×Sector 29.0×
Promoter holding
42.86%+0.01% QoQ
FII holding
9.33%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Other Announcement

Balrampur Chini Mills Other Announcement

Balrampur Chini Mills has sent a reminder intimation to physical shareholders, requesting them to update their KYC details and claim unpaid dividends or shares as mandated.

11:00 IST BSE
Business Update

Balrampur Chini Mills Business Update

BCML received a ₹75 Crore BioE3 grant from BIRAC/DBT for a 100 TPA PLA R&D facility at Kumbhi, UP. It will advance India's biopolymer innovation and commercialisation.

Value
₹75.00 Cr
From
BIRAC / Department of Biotechnology, Government of India
PLA Co-Polymer R&D facility capacity
100 TPA
18:05 IST BSE
Debt & Borrowing

Balrampur Chini Mills Debt & Borrowing: ₹100 Cr

Balrampur Chini Mills Limited has confirmed the full and timely repayment of Commercial Paper maturing on 18th September 2026, amounting to ₹100 Crore.

Value
₹100.0 Cr
20:05 IST NSE
Annual General Meeting

Balrampur Chini Mills Annual General Meeting

Balrampur Chini Mills held its 50th AGM on September 16, 2026. The meeting transacted several ordinary and special business items, including re-appointments and financial statement adoption.

14:36 IST NSE
Other Announcement

Balrampur Chini Mills Other Announcement

Balrampur Chini Mills Limited received an ESG rating upgrade to 'Crisil ESG 69' (Category: Strong) from Crisil ESG Ratings & Analytics Limited.