ALFA Finder| Revenue growth | Q2 revenue ₹695 Cr; H1 ₹1,319 Cr; YoY growth not stated. |
|---|---|
| Margins | Distillery EBITDA margin 11.9% vs 11.0%; maize cost pressure expected. |
| Order book | Ethanol order book up 41% to 1.5 lakh KL for ESY 2025. |
| Demand visibility | ENA demand strong near term; ethanol allocations flat YoY, margins under pressure. |
| Management confidence | Balanced: cautious on ethanol margins, optimistic on CBG and IMFL. |
Growth
Q2 revenue ₹695 Cr, H1 ₹1,319 Cr; H1 EBITDA up 5.9% YoY; PML cases up 41.4% YoY. Revenue YoY growth not stated.
Outlook
Insurance claim expected by Q3; CBG plant revenue ~₹70 Cr at 90-95% utilisation; peak revenue ~₹2,900 Cr, explicitly not a forecast.
Risks
Maize-driven ethanol margin pressure; tender revisions favour industry consolidation; biodiesel unviable at ₹95/litre; Bathinda fire disruption curbed Q2 volumes.
Last quarter's promises, checked
Delivered
- Margin ~10-12% (segment) → distillery 11.9% (= BEAT)
Partly delivered
- Insurance recovery 'virtually certain', no loss booked → claim expected by Q3 (= PARTIAL)
- 30 lakh PML cases this year → 6.42 lakh, +41.4% YoY, period unstated (= PARTIAL)
Missed
- 200KLPD restart in ~15 days, 100% utilisation → Bathinda fire curbed Q2 volumes (= MISS)
- IMFL entry 'next year' → launch targeted FY28-29 (= MISS)
- Margin 10-12% (company) → consolidated EBITDA 9.5% (= MISS)
Earnings Call Transcript filed with BSE, NSE: BCLIND. Summary written with AI assistance from the document.
BCL Industries Ltd: key numbers
- Share price
- ₹28.93
- Market cap
- ₹853.9 Cr
- Revenue (annual)
- ₹2,792 Cr
- Net profit (annual)
- ₹115.0 Cr
- P/E (TTM)
- 7.1×Sector 40.7×
- Promoter holding
- 58.23%+0.00% QoQ
- FII holding
- 0.12%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from BCL Industries Ltd
All →BCL Industries Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs699 Cr (-3% YoY) and PAT Rs29 Cr (-7.4%). H1 EBITDA rose 5.9% to Rs132 Cr, with margin up to 10% from 8.1%.
BCL Industries Q2 FY27 Results: Net Profit ₹29.2 Cr, Down 7.3% YoY
BCL Industries Ltd reported revenue from operations of ₹695.3 Cr (-3.4% YoY) and net profit of ₹29.2 Cr (-7.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹29.2 Cr · -7.3% YoY
BCL Industries Board Meeting Date
BCL Industries intimated its Board will meet on 02 November 2026 to approve Q1 FY27 results. Trading window remains closed until results are declared to the public.
BCL Industries Other Announcement
BCL Industries Ltd has filed its quarterly shareholding pattern under Regulation 31, disclosing the distribution of equity among promoters and public shareholders.
BCL Industries Annual General Meeting
BCL Industries held its 50th Annual General Meeting on September 25, 2026. The meeting transacted business including dividend declaration and financial statement adoption.
BCL Industries Other Announcement
BCL Industries Limited has filed its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26. This report forms a part of the Integrated Annual Report.