Agricultural Food & otherProducts
Valuation | |
|---|---|
| Market Cap | 9.02 kCr |
| Price/Earnings (Trailing) | 22.27 |
| Price/Sales (Trailing) | 1.52 |
| EV/EBITDA | 12.63 |
| Price/Free Cashflow | -20.21 |
| MarketCap/EBT | 17.52 |
| Enterprise Value | 9.79 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 9% |
| Price Change 1M | 2.5% |
| Price Change 6M | -18.1% |
| Price Change 1Y | -4.8% |
| 3Y Cumulative Return | 7.6% |
| 5Y Cumulative Return | 22.8% |
| 7Y Cumulative Return | 22.8% |
| 10Y Cumulative Return | 17.4% |
| Revenue (TTM) |
| 5.94 kCr |
| Rev. Growth (Yr) | 23.2% |
| Earnings (TTM) | 405.06 Cr |
| Earnings Growth (Yr) | -19.8% |
Profitability | |
|---|---|
| Operating Margin | 9% |
| EBT Margin | 9% |
| Return on Equity | 10.34% |
| Return on Assets | 7.75% |
| Free Cashflow Yield | -4.95% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -880.43 Cr |
| Cash Flow from Operations (TTM) | 425.16 Cr |
| Cash Flow from Financing (TTM) | 455.31 Cr |
| Cash & Equivalents | 7.25 Cr |
| Free Cash Flow (TTM) | -467.19 Cr |
| Free Cash Flow/Share (TTM) | -23.14 |
Balance Sheet | |
|---|---|
| Total Assets | 5.22 kCr |
| Total Liabilities | 1.31 kCr |
| Shareholder Equity | 3.92 kCr |
| Current Assets | 1.09 kCr |
| Current Liabilities | 411.46 Cr |
| Net PPE | 2.58 kCr |
| Inventory | 883.42 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.15 |
| Debt/Equity | 0.2 |
| Interest Coverage | 5.04 |
| Interest/Cashflow Ops | 5.67 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3.5 |
| Dividend Yield | 0.78% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | -1% |
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: In past three years, the stock has provided 7.6% return compared to 13% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: In past three years, the stock has provided 7.6% return compared to 13% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.78% |
| Dividend/Share (TTM) | 3.5 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 20.06 |
Financial Health | |
|---|---|
| Current Ratio | 2.65 |
| Debt/Equity | 0.2 |
Technical Indicators | |
|---|---|
| RSI (14d) | 61.52 |
| RSI (5d) | 99.33 |
| RSI (21d) | 54.22 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of Balrampur Chini Mills's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook for Balrampur Chini Mills Limited, focusing on several key developments in the sugar and ethanol sectors. The total sugar production is projected to increase to approximately 34.5 million tonnes, with net production after ethanol diversion expected at about 31 million tonnes. This comes from a total sugarcane area of 57.35 lakh hectares. The major producing states are Maharashtra (13 million tonnes, a 39% increase), Uttar Pradesh (10.3 million tonnes, stable), and Karnataka (6.4 million tonnes, a 16% increase).
Domestic sugar consumption is anticipated to be 28.5 million tonnes, with an opening stock of about 5 million tonnes as of October 1, 2025. Following the projected production and consumption, a closing stock of around 6 million tonnes is expected, while the government has allowed exports of 1.5 million tonnes for the 2025-26 season, which should help stabilize domestic prices.
The U.P. government announced a rise in the State Advised Price (SAP) of INR 30 per quintal to INR 400 for early maturing varieties, underlining the need for domestic sugar realization to offset rising cane costs. The management highlighted the expected increase in cane crushing by 7%-8% for Balrampur, facilitating better fixed cost management and improved recovery rates.
In terms of ethanol, the company anticipates producing around 28 crore liters for the 2025-26 Ethanol Supply Year, with approximately 9 crore liters from juice and 12 crore liters from B-heavy sources. The management emphasized the importance of timely revisions in ethanol prices to maintain profitability, particularly with rising cane costs.
Furthermore, the company is progressing with its PLA project, having invested INR 1,093 crore, with expectations of diversifying its product portfolio to include eco-friendly alternatives to conventional plastics. An interim dividend of INR 3.50 per equity share was declared, signaling confidence in ongoing performance and growth trajectory.
Understand Balrampur Chini Mills ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| SARAOGI FAMILY TRUST (VIVEK SARAOGI-TRUSTEE) | 25.97% |
| SBI MUTUAL FUND | 6.2% |
| NIPPON LIFE INDIA TRUSTEE LTD | 5.6% |
| MEENAKSHI MERCANTILES LTD | 3.21% |
| UDAIPUR COTTON MILLS CO LTD | 2.82% |
| VIVEK SARAOGI | 2.66% |
| SUMEDHA SARAOGI | 2.66% |
Detailed comparison of Balrampur Chini Mills against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TRIVENI | Triveni Engineering & Industries | 8.22 kCr | 7.79 kCr | 0.00% | -1.60% | 27.62 | 1.05 | - | - |
| DALMIASUG | Dalmia Bharat Sugar and Industries | 2.23 kCr |
Comprehensive comparison against sector averages
BALRAMCHIN metrics compared to Agricultural
| Category | BALRAMCHIN | Agricultural |
|---|---|---|
| PE | 22.27 | 38.52 |
| PS | 1.52 | 0.71 |
| Growth | 7.7 % | 1.1 % |
Balrampur Chini Mills is a prominent sugar company based in India, operating under the stock ticker BALRAMCHIN.
With a market capitalization of Rs. 11,632.6 Crores, the company is actively engaged in the manufacture and sale of sugar. Its operations are divided into various segments, including Sugar, Distillery, Polylactic Acid, and others.
In addition to sugar, Balrampur Chini Mills produces a range of by-products such as molasses, industrial alcohol, ethanol, extra neutral alcohol, CO2, dry ice, and bagasse products. They also offer agricultural fertilizers like granulated potash and bio-pesticides.
Furthermore, the company generates and sells electricity, boasting a saleable capacity of 175.7 megawatts, and it exports sugar products internationally.
Incorporated in 1975 and headquartered in Kolkata, India, Balrampur Chini Mills reported a trailing 12 months revenue of Rs. 5,429.6 Crores. The company is known for distributing dividends, with a yield of 0.52% per year, having returned Rs. 3 per share in the last 12 months. Over the past three years, it has achieved a revenue growth of 17.7%.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
BALRAMCHIN vs Agricultural (2021 - 2026)
Question 1: Mr. Saraogi, in case there is no change in ethanol price, at current price of SAP, how much would you want to divert to ethanol and for which categories of feedstock?
Answer: We plan to divert around 10% of our cane crush towards Juice route, 25% towards C-heavy, and the balance will go towards B-heavy.
Question 2: Has there been any communication from the Government regarding a possible increase in ethanol price?
Answer: We are in discussions with the Government on multiple fronts regarding potential increases in ethanol prices and other relief packages. Currently, we are hopeful for progress on this.
Question 3: Post announcement of 1.5 million tonnes for export, has there been any surge in sugar prices recently?
Answer: The INR 30 per quintal hike in SAP was steeper than expected but was necessary, and it indicates some steadying of prices. We anticipate better price realizations coming, informed by dialogues with the UP and Central Governments.
Question 4: Can you share some volume guidance for ethanol for this season?
Answer: We are expecting around 28 crores liters of ethanol for the 2025-26 ethanol year, with a possible breakdown: 9 crore liters from Juice, 12 crore from B-heavy, 3.5 crore from country liquor, and about 1 crore from C-Heavy.
Question 5: Regarding the PLA initiative, what insights have you gathered from initial market interactions?
Answer: Customers are keen and eager but are awaiting production capacity. We are maintaining strong dialogues with them and also with the Government, anticipating that mandates will drive demand for our PLA products.
Question 6: What are the current insights regarding recovery and crushing?
Answer: We expect a 7%-8% increase in cane crushing for Balrampur this year, which should enhance profitability across our sugar, power, and ethanol outlets.
Question 7: Regarding the industry-wide ethanol capacity, what is your perspective on the margins with full utilization?
Answer: While industry capacity reaches 1,800 crores liters, optimal operation isn't feasible. We hope for some improvement in the price of ethanol, and we expect that until this plays out, effective utilization will remain at about 70%-75%.
Question 8: Can you provide an update on your PLA business's EBIT level breakeven timeline?
Answer: We expect commercial production to start in October. Typically, it may take about two to three months for stabilization. By March 2027, I believe we should see significant gains.
Question 9: Do you expect meaningful sugar exports despite last year's lower figures?
Answer: We expect exports to occur, especially given the earlier announcement this year, which should help create steadier supply conditions. Maharashtra and Karnataka are likely to lead the way in exports.
These succinct responses summarize the major inquiries and management's insights from the earnings call.
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED | 2.54% |
| KOTAK MUTUAL FUND | 2.16% |
| SARAOGI TRUST (STUTI DHANUKA-TRUSTEE) | 2.12% |
| HSBC MUTUAL FUND | 2.1% |
| NOVEL SUPPLIERS PVT LTD | 1.76% |
| AVANTIKA SARAOGI | 1.58% |
| AXIS MUTUAL FUND | 1.27% |
| SBI LIFE INSURANCE CO. LTD | 1.07% |
| STUTI DHANUKA | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 3.73 kCr |
| +0.70% |
| -18.70% |
| 6.18 |
| 0.6 |
| - |
| - |
| BAJAJHIND | Bajaj Hindusthan Sugar | 2.09 kCr | 5.45 kCr | -10.60% | -39.90% | -12.77 | 0.38 | - | - |
| SHREERAMA | Shree Rama Multi-tech | 801.74 Cr | 240.23 Cr | -3.00% | +53.70% | 14.44 | 3.34 | - | - |
| DHAMPURSUG | Dhampur Sugar Mills | 773.93 Cr | 2.95 kCr | -1.60% | -20.00% | 11.46 | 0.26 | - | - |
| 8.4% |
| 1,609 |
| 1,485 |
| 1,212 |
| 1,119 |
| 1,312 |
| 1,334 |
| Profit Before exceptional items and Tax | 12.9% | 71 | 63 | 301 | 80 | 51 | 95 |
| Total profit before tax | 12.9% | 71 | 63 | 301 | 80 | 51 | 95 |
| Current tax | 25% | 16 | 13 | 48 | 14 | -1.02 | 17 |
| Deferred tax | 14.2% | 10 | 8.88 | 35 | 4.57 | -7 | 16 |
| Total tax | 19% | 26 | 22 | 83 | 19 | -8.02 | 32 |
| Total profit (loss) for period | 3.9% | 54 | 52 | 229 | 70 | 67 | 70 |
| Other comp. income net of taxes | 299.2% | 3.39 | -0.2 | -3.7 | 1.89 | 3.9 | -0.18 |
| Total Comprehensive Income | 12% | 57 | 51 | 225 | 72 | 71 | 70 |
| Earnings Per Share, Basic | 7.7% | 2.67 | 2.55 | 11.35 | 3.49 | 3.33 | 3.48 |
| Earnings Per Share, Diluted | 7.8% | 2.65 | 2.53 | 11.31 | 3.48 | 3.31 | 3.47 |
| Debt equity ratio | 0% | 017 | 016 | - | - | - | 012 |
| Debt service coverage ratio | 0% | 0.0109 | 0.0105 | - | - | - | 052 |
| Interest service coverage ratio | 4.7% | 0.0846 | 0.0399 | - | - | - | 0.0461 |
| 1.5% |
| 405 |
| 399 |
| 364 |
| 308 |
| 282 |
| 254 |
| Finance costs | 10.8% | 93 | 84 | 49 | 31 | 39 | 64 |
| Depreciation and Amortization | 4.2% | 173 | 166 | 130 | 114 | 112 | 101 |
| Other expenses | -9% | 448 | 492 | 380 | 382 | 360 | 304 |
| Total Expenses | -1.6% | 4,977 | 5,058 | 4,332 | 4,291 | 4,249 | 4,225 |
| Profit Before exceptional items and Tax | -23% | 470 | 610 | 397 | 603 | 596 | 555 |
| Exceptional items before tax | - | 0 | 0 | 0 | 53 | 0 | 0 |
| Total profit before tax | -23% | 470 | 610 | 397 | 656 | 596 | 555 |
| Current tax | -30.9% | 77 | 111 | 69 | 115 | 103 | 97 |
| Deferred tax | -26.2% | 49 | 66 | 52 | 26 | 24 | -51.46 |
| Total tax | -28.4% | 127 | 177 | 121 | 141 | 126 | 46 |
| Total profit (loss) for period | -20.6% | 344 | 433 | 276 | 515 | 470 | 509 |
| Other comp. income net of taxes | -86.1% | 1.99 | 8.13 | -6.22 | -3.62 | -0.56 | -7.01 |
| Total Comprehensive Income | -21.6% | 346 | 441 | 269 | 511 | 469 | 502 |
| Earnings Per Share, Basic | -21.6% | 17.04 | 21.47 | 13.51 | 24.86 | 22.01 | 22.98 |
| Earnings Per Share, Diluted | -21.9% | 16.98 | 21.47 | 13.51 | 24.86 | 22.01 | 22.98 |
| 200% |
| 316 |
| 106 |
| 93 |
| 46 |
| 132 |
| 24 |
| Investment property | - | 0 | 0 | 0 | 0.79 | 0 | 0 |
| Non-current investments | 0% | 181 | 181 | 181 | 181 | 181 | 175 |
| Total non-current financial assets | 0% | 184 | 184 | 186 | 185 | 184 | 178 |
| Total non-current assets | 8.1% | 3,866 | 3,578 | 3,202 | 2,893 | 2,896 | 2,824 |
| Total assets | -28% | 4,955 | 6,879 | 4,355 | 5,928 | 4,058 | 5,402 |
| Borrowings, non-current | 19.7% | 585 | 489 | 146 | 326 | 373 | 429 |
| Total non-current financial liabilities | 19.6% | 586 | 490 | 147 | 327 | 374 | 430 |
| Provisions, non-current | 9.1% | 13 | 12 | 12 | 11 | 12 | 11 |
| Total non-current liabilities | 15.4% | 855 | 741 | 362 | 528 | 535 | 562 |
| Borrowings, current | -91.2% | 189 | 2,137 | 457 | 1,682 | 176 | 1,450 |
| Total current financial liabilities | -86.3% | 342 | 2,497 | 586 | 2,060 | 385 | 1,924 |
| Provisions, current | -84.6% | 1.85 | 6.51 | 1.12 | 6.03 | 1.62 | 7.4 |
| Current tax liabilities | 3.1% | 4.93 | 4.81 | 9.09 | 9.09 | 0 | 0 |
| Total current liabilities | -84% | 411 | 2,557 | 641 | 2,120 | 459 | 1,964 |
| Total liabilities | -61.6% | 1,267 | 3,298 | 1,003 | 2,648 | 994 | 2,527 |
| Equity share capital | 0% | 20 | 20 | 20 | 20 | 20 | 20 |
| Total equity | 3% | 3,688 | 3,581 | 3,352 | 3,280 | 3,064 | 2,875 |
| Total equity and liabilities | -28% | 4,955 | 6,879 | 4,355 | 5,928 | 4,058 | 5,402 |
| -24.2% |
| 76 |
| 100 |
| 68 |
| 119 |
| - |
| - |
| Net Cashflows From Operating Activities | 139.5% | 425 | 178 | 453 | 695 | - | - |
| Proceeds from sales of PPE | -76.6% | 12 | 48 | 13 | 7.61 | - | - |
| Purchase of property, plant and equipment | 233.7% | 892 | 268 | 856 | 404 | - | - |
| Purchase of intangible assets | -77.4% | 0.06 | 0.47 | 0.1 | 0.54 | - | - |
| Dividends received | - | 0 | 0 | 0 | 15 | - | - |
| Interest received | -14.5% | 0.13 | 0.24 | 0.8 | 0.38 | - | - |
| Other inflows (outflows) of cash | -264.2% | -0.33 | 1.81 | 1.49 | -0.59 | - | - |
| Net Cashflows From Investing Activities | -290.4% | -880.43 | -224.78 | -858.75 | -309.39 | - | - |
| Payments to acquire or redeem entity's shares | - | 0 | 0 | 82 | 215 | - | - |
| Proceeds from exercise of stock options | - | 0.02 | 0 | 0 | 0 | - | - |
| Proceeds from issuing debt | - | 0 | 0 | 140 | 0 | - | - |
| Proceeds from borrowings | 186.9% | 896 | 313 | 630 | 0 | - | - |
| Repayments of borrowings | 48.1% | 275 | 186 | 106 | 37 | - | - |
| Payments of lease liabilities | 0% | 0.1 | 0.1 | 0.09 | 0 | - | - |
| Dividends paid | 0% | 61 | 61 | 51 | 51 | - | - |
| Interest paid | 20.5% | 101 | 84 | 41 | 30 | - | - |
| Other inflows (outflows) of cash | -108.1% | -4.12 | 64 | -84.82 | -52.32 | - | - |
| Net Cashflows from Financing Activities | 887% | 455 | 47 | 406 | -385.39 | - | - |
| Net change in cash and cash eq. | 3% | 0.04 | 0.01 | -0.01 | -0.12 | - | - |
Analysis of Balrampur Chini Mills's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Sugar | 76.5% | 1.3 kCr |
| Distillery | 23.5% | 405 Cr |
| Total | 1.7 kCr |