Balrampur Chini Mills Limited (BCML) announced its Q4 FY26 financial results, showing stable performance with improved sugar volumes and marginal increases in sugar realizations.
๐๐ฒ๐ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
- ๐ฆ๐๐ด๐ฎ๐ฟ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐: Despite an ~8% YoY increase in sugarcane prices by the UP Govt (from โน370/qtl to โน400/qtl), margins were impacted. However, higher sugar sales volumes & marginal increase in realizations provided some offset. ๐
- ๐๐ถ๐๐๐ถ๐น๐น๐ฒ๐ฟ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐: Performance was subdued due to the government not increasing the Ethanol procurement price from Juice & B-heavy routes for three consecutive years.
- ๐ฆ๐๐ด๐ฎ๐ฟ๐ฐ๐ฎ๐ป๐ฒ ๐๐ฟ๐๐๐ต๐ถ๐ป๐ด:
โธ Q4 FY26: ~1.6% higher YoY at ~622.2 lac qtls.
โธ Full Season (FY26): ~5.2% higher than the previous season at ~1043 lac qtls. ๐พ
- ๐ฆ๐๐ด๐ฎ๐ฟ ๐ฅ๐ฒ๐ฐ๐ผ๐๐ฒ๐ฟ๐: Gross sugar recovery before diversion in Q4 FY26 was 11.59% (lower by ~9 bps YoY). For the full season, it was 11.24% (vs. 11.28% in FY25).
- ๐ฆ๐๐ด๐ฎ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ: The export quota of ~1.58 MMT supported sugar prices. However, a government ban on sugar exports up to Sep 30, 2026, limits expected exports to ~0.7 MMT. India's net sugar production is estimated at ~28 MMT, with closing stock projected at ~4.3 MMT.
๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ (๐๐ผ๐ป๐๐ผ๐น๐ถ๐ฑ๐ฎ๐๐ฒ๐ฑ):
- ๐ค4 ๐๐ฌ26:
โธ Revenue from Operations: โน1,603.99 Cr (up 6.67% YoY)
โธ EBITDA (excl. Other Income): โน284.79 Cr (down 22.03% YoY)
โธ Total Comprehensive Income: โน157.23 Cr (down 30.25% YoY)
- ๐๐ฌ26:
โธ Revenue from Operations: โน6,271.15 Cr (up 15.80% YoY)
โธ EBITDA (excl. Other Income): โน741.28 Cr (up 5.26% YoY)
โธ Total Comprehensive Income: โน380.35 Cr (down 13.33% YoY)
๐๐ฎ๐ฝ๐ฒ๐
& ๐๐๐ป๐ฑ๐ถ๐ป๐ด:
- ๐ฃ๐๐ ๐ฃ๐น๐ฎ๐ป๐: The 80,000 tons PLA plant is on track with a revised capex of ~โน3080 Crores. Expected to commence operations in Q3 FY27. ๐๏ธ
- ๐๐๐ป๐ฑ ๐ฅ๐ฎ๐ถ๐๐ถ๐ป๐ด: The Board approved raising โน450 Crores via Preferential Equity Shares to fund capex & general corporate purposes. Promoters will contribute ~โน193 Crores, ensuring no dilution for them. ๐ฐ
Mr. Vivek Saraogi, Chairman & MD, highlighted the company's integrated model, commitment to sustainable value creation, and alignment with global environmental goals through its diversified product range, including PLA.
๐ BALRAMPUR CHINI MILLS LTD | ๐ท๏ธ Press Release / Media Release
๐ Details:
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