Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q4 FY26 Earnings Presentation
36 slides from Balrampur Chini Mills's earnings presentation, May 15, 2026
Slide 1: Exchange filing cover letter: Q4 FY26 Results Presentation
15th May, 2026 National Stock Exchange of India Limited BSE Limited Listing Department, The Corporate Relationship Department ‘Exchange Plaza’, C/1, G Block, Bandra 1st Floor, New Trading Wing, Rotunda Kurla Complex, Bandra (E), Mumbai Building, Phiroze Jeejeebhoy Towers 400051. Dalal Street, Fort,
Slide 2: STRETCH. Deepening Competence. Widening Horizons. Q4FY26 Results Presentation
STRETCH. Deepening Competence. Widening Horizons. At the cusp of a decisive transformation in its identity Q4FY26 Results Presentation 15th May 2026
Slide 3: Safe Harbour
Safe Harbour Certain statements made in this document may constitute forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, agricultural policies, climatic conditions, technologica
Slide 4: Conference Call Details
Conference Call Details TIME & DATE PRE-REGISTRATION PRIMARY DIAL-IN NUMBER 12:00 noon. IST To enable participants to connect + 91 22 6280 1141 18th May, 2026 to the conference call without + 91 22 7115 8042 having to wait for an operator, please click the link to register. REGISTER HERE REGISTER HE
Slide 5: Q4FY26 Performance
Q4FY26 Performance BCML | Q4FY26 Results 4
Slide 6: Message from Chairman and Managing Director
MESSAGE FROM Chairman and Managing Director Commenting on the performance for Q4FY26, Mr. Vivek Sarapgi, Chairman and Managing Director of Balrampur Chini Mills Limited, said: “The sugar segment delivered stable performance during the quarter despite hike of ~8% in sugarcane price y-o-y from Rs. 370
Slide 7: Consolidated Financial Highlights
Consolidated Financial Highlights Revenue (Rs. Cr.) Basic EPS (Rs.) PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) 1,503.68 1,603.99 225.43 11.35 311.70 236.17 157.23 7.90 20.73% 14.72% 14.99% 9.80% Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 562.25 560.15 438.84 21.65 6,271.1
Slide 8: Standalone Financial Highlights
Standalone Financial Highlights Revenue (Rs. Cr.) EBITDA EBIDTA PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) (Rs. Cr.) Margin (%) 1,503.68 1,603.99 301.08 216.35 365.24 226.77 148.95 284.79 20.02% 14.14% 24.29% 14.39% 9.29% 17.76% Q4FY25 Q4 FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26
Slide 9: Q4FY26 Standalone Performance Review
Q4FY26 Standalone Performance Review Q4 FY25 Q4 FY26 Variance Key Reasons (Rs. Crs.) (Rs. Crs.) (%) Revenue from operations 1503.68 1603.99 6.67% Higher volume and realizations in sugar led to higher revenues Other income 9.42 12.24 29.94% - Higher cane crushing during the quarter coupled with impac
Slide 10: Business Performance
P Balrampur Chini Mills Limited BUSINESS PERFORMANCE
Slide 11: Sugar
SUGAR BCML | Q4FY26 Results 10
Slide 12: Sugar Segment Financial Performance
SUGAR SEGMENT Financial Performance Revenue (Rs. Cr.) PBIT (Rs. Cr.) PBIT Margin (%) Total Sugar Sales Average Realization of Sugar (lac quintals) (Rs./kg) 1,616.01 1,447.32 270.96 21.42 19.95 40.47 40.83 231.29 Q4FY25 Q4FY26 18.72% 14.31% Q4FY25 Q4FY26 Q4FY25 Q4FY26 * Q4FY25 Q4FY26 514.66 5,507.23
Slide 13: Sugar Segment Operational Numbers (1 of 2)
SUGAR SEGMENT Operational Numbers (1 of 2) Sugar Production Sugarcane Crushed Net Sugar Recovery Sugar Recovery Pre-Sacrifice (lac quintals) (lac quintals) (%)* (%) 612.33 622.18 59.79 59.84 9.76 9.62 11.68 11.59 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 97.07 95.72 11.32 11.23 1,033.9
Slide 14: Sugar Segment Operational Numbers (2 of 2)
SUGAR SEGMENT Operational Numbers (2 of 2) Sugarcane diverted towards Sugarcane diverted towards Sugar sacrifice under Syrup route (lac quintals) Sugar sacrifice under B-heavy route (lac quintals) B-heavy route (lac quintals) Syrup route (lac quintals) 65.67 66.30 342.43 4.38 7.71 7.88 290.18 4.04 Q
Slide 15: Distillery
DISTILLERY BCML | Q4FY26 Results 14
Slide 16: Distillery Segment Financial Performance
DISTILLERY SEGMENT Financial Performance Revenue (Rs. Cr.) PBIT (Rs. Cr.) PBIT Margin (%) Average blended realization Sales* (Cr BL) (including ENA & Other 530.05 86.80 Products) ** (Rs./BL) 501.18 8.52 7.95 53.68 60.21 60.72 Q4FY25 Q4FY26 16.4% 10.7% Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 192.31
Slide 17: Distillery Operational Numbers (1 of 2)
DISTILLERY SEGMENT Operational Numbers (1 of 2) Ethanol Production from B-heavy Ethanol Production from Syrup route Ethanol Production from Grain route molasses route (Cr BL) (Cr BL) (Cr BL) 4.75 8.37 8.44 9.66 7.20 5.62 5.53 1.73 2.32 9.5% 2.54 - - Q4FY25 Q4FY26 FY25 FY26 Q4FY25 Q4FY26 FY25 FY26
Slide 18: Distillery Operational Numbers (2 of 2)
DISTILLERY SEGMENT Operational Numbers (2 of 2) Ethanol Production from C-heavy ENA & Other Products Stock of Alcohol (Cr BL) Stock of Grains (lac quintal) molasses route (Cr BL) Production (Cr BL) 1.83 1.44 1.61 3.20 1.24 3.17 2.85 2.92 31st Mar. 2025 31st Mar. 2026 31st Mar. 2025 31st Mar. 2026 0.
Slide 19: Country's Ethanol Blending & UP Molasses Policy Update
Country’s Ethanol Blending & UP Molasses Policy Update Ethanol prices under the EBP Programme are as under: Sl. Price of Ethanol under various feed-stock (Rs./BL) Country Level Allocation ESY 2025-26 (Cr BL) (under Cycle1) No. Ethanol Year C-route B-route Syrup DFG SFG Maize 1048.4 ESY 2023-24: 759.
Slide 20: Co-generation
CO-GENERATION BCML | Q4FY26 Results 19
Slide 21: Co-generation – Operational Numbers
Co-generation – Operational Numbers Power Generated (Cr Units) Power Exported (Cr Units) Average Realization (Rs./Unit) 40.75 40.31 18.19 17.75 4.46 3.96 Stock of Bagasse (lac MT) Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 * 4.81 3.83 37.17 36.73 81.81 82.79 4.54 4.35 31st Mar. 2025 31st Mar. 2026 FY
Slide 22: Poly Lactic Acid (PLA)
POLY LACTIC ACID (PLA) BCML | Q4FY26 Results 21
Slide 23: Poly Lactic Acid (PLA) Project: Financial Update
Poly Lactic Acid (PLA) Project FINANCIAL UPDATE GROSS CAPEX: ~ Rs. 3080 crores Segment PBIT – PLA for FY 2025-26: (Rs. in crores) FUNDING PROPOSED Employee benefit expenses 1.65 • ₹ 1650 crores debt Depreciation 1.09 • ₹ 1430 crores from Equity / internal accruals * Business Development Expense / Fr
Slide 24: Poly Lactic Acid (PLA) Project: Government Support
Poly Lactic Acid(PLA) Project GOVERNMENT SUPPORT Uttar Pradesh State Government announced Bio Plastic Industrial Policy 2024 On 4th October, 2024. Under this Policy, companies investing ₹1,000 crore or more in bioplastic manufacturing are eligible for the following incentives: 50% capital subsidy 10
Slide 25: Poly Lactic Acid (PLA) Project: Progress
Poly Lactic Acid (PLA) Project PROGRESS Till 30th April 2026 Company has spent Zero accidents. ~Rs. 1718 crores 94% Model Review Completed Over 3000 people on site on an average Structure erection ~47% complete Analysis and product development in full swing through imported PLA Civil erection ~87% c
Slide 26: Bioyug on Wheels
Bioyug on Wheels India’s First Mobile Awareness Platform for Sustainable Living Launched in Mumbai (May 2025), Bioyug on Wheels is driving nationwide awareness and adoption of sustainable materials - engaging thousands across Jharkhand, Madhya Pradesh, Gujarat, and Kerala through immersive demos, ex
Slide 27: Bioyug on Wheels: From Vision to Action
Brings Clean Innovation Straight To The People. From Vision to Action Since launch in May 2025 to April 2026 Engaging Communities, Inspiring Change For more information visit - https://balrampurbioyug.com/bioyug-on-wheels BCML | Q4FY26 Results 26
Slide 28: PLA Project Government Engagement and Business Development
Poly Lactic Acid (PLA) Project Business Development Supplier Network: Strategic relationship with three primary suppliers to Government Engagement distribute under BioYug brand grades. Competitor PLA analysis completed, providing critical • BIS standards approved for PLA straws and bags • Mandate de
Slide 29: Treasury Management
TREASURY MANAGEMENT BCML | Q4FY26 Results 28
Slide 30: Treasury Management Update
Treasury Management Update Long-term credit rating by CRISIL stands at AA+ with Stable outlook. Short-term credit rating re-affirmed by CRISIL stands at A1+. During FY26, the Company: Company has also obtained second rating from India Ratings. Long-term rating from India Ratings stands at “IND AA+/S
Slide 31: Standalone Cash Flow Analysis
Standalone Cash Flow Analysis Rs. in crores FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 Profit before tax 655.61 396.97 610.19 470.40 523.69 Net Cash generated from operating activities 694.65 452.91 177.83 425.16 599.47 Net cash (used in) investing activities (309.38) (858.75) (224.78) (880.43) (9
Slide 32: Update on Auxilo Finserve Private Limited
UPDATE ON AUXILO FINSERVE PRIVATE LIMITED (AN ASSOCIATE OF THE COMPANY)
Slide 33: Update on Auxilo Finserve Private Limited
Update on Auxilo Finserve Private Limited AN ASSOCIATE OF BCML Extract of profitability (Rs. Cr except EPS) Particulars Q4 Q4 FY 2024-25 FY 2025-26 Equity Shareholding Pattern as on 31st Mar. 26 (%) * FY2024-25 FY2025-26 30.47 30.47 Revenue from operations 149.42 167.97 528.10 675.76 8.43 9.54 5.15
Slide 34: About Balrampur Chini Mills Limited
About Balrampur Chini Mills Limited CIN: L15421WB1975PLC030118 Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power. The Company presently has ten sugar factories
Slide 35: Need More Insights?
Need More Insights? Please log on to www.chini.com for more information about the company. For further information contact: REGISTERED OFFICE PRAMOD PATWARI FMC Fortuna, 2nd Floor, Chief Financial Officer 234/3A, A. J. C. Bose Road, Balrampur Chini Mills Limited Kolkata 700020. +91 33 2287 4749 pram
Slide 36: Thank You
® P Balrampur Chini Mills Limited THANK YOU
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