Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q3 FY22 Earnings Presentation
73 slides from Balrampur Chini Mills's earnings presentation, Feb 2, 2022
Slide 1: Results Presentation cover letter to exchanges
CIN - L 15421WB1975PLC030118 Reg. Off. : FMC Fortuna, 2nd Floor, 234/3A, A J.C. Bose Road, Kolkata - 700 020 P : 033 2287 4749 F : 033 2283 4487 E : bcml@bcml.in W: www.chini.com BALRAMPUR CHI.NI MILLS LIMITED 2nd February, 2022 National Stock Exchange of India Limited BSE Limited Listing Department
Slide 2: Attractively Placed
“Attractively Placed” The principal message we wish to send out to our stakeholders on our prospects for today and tomorrow Balrampur Chini Mills Limited Q3 & 9MFY22 Performance Review for Investors, 2nd February 2022
Slide 3: Safe Harbour
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 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 polit
Slide 4: Conference Call Details
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Conference Call Details Timing 11:30 IST on Thursday, 3rd February 2022 Conference dial-in Primary number: +91 22 6280 1141 / 7115 8042 Toll free Number Singapore: 800 101 2045 Hong Kong: 800 964 448 USA: 1 866 74
Slide 5: Table of Contents
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Table of Contents 1 Message from the Managing Director 5 2 Brief about the company 6-8 This presentation comprises six parts 1 Our performance 9-19 2 The performance of our business segments 20-42 3 Our treasury m
Slide 6: A message from Managing Director
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 A message from Managing Director At Balrampur Chini, we are attractively placed for good reasons. “The Company delivered robust results during the quarter under review aided by increased realizations in our sugar
Slide 7: A brief perspective about our company
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 A brief perspective about our company Among India’s largest 10 sugar factories in Rs. 7498 cr. market Principal businesses 42.42% promoter integrated sugar Uttar Pradesh (East capitalization as on Sugar + Distille
Slide 8: Robust and sustainable financial performance on the back of structural changes
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Robust and sustainable financial performance on the back of structural changes Segment revenues (Rs. Cr.) * Segment PBIT (Rs. Cr.) 566 842 496 264 323 344 3,822 4,423 4,352 338 389 329 FY19 FY20 FY21 FY19 FY20 FY2
Slide 9: Robust and sustainable financial performance (continued)
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Robust and sustainable financial performance on the back of structural changes (continued) 689 682 714 565 502 469 13.2% 16.1% 10.6% 9.8% 14.8% 14.4% FY19 FY20 FY21 FY19 FY20 FY21 EBITDA (Rs. cr.) EBITDA Margin (%
Slide 10: Our Q3 performance in numbers
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART ONE Our Q3 performance in numbers SLIDE | 9
Slide 11: Importance of Q3 results for an integrated sugar company
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Overview: The importance of Q3 results for an integrated sugar company like ours Crushing Basis for Cost dimension Ethanol Purchase The October- estimates The government’s realisations estimates December quarter T
Slide 12: The background of the company's Q3 performance, FY 22
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 The background of the company’s Q3 performance, FY 22 Cane crushing commenced across the There were no The Gularia distillery The focus was on ten mills (between statutory cane arrears expansion programme maximisi
Slide 13: This is what we achieved during Q3, FY 22
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is what we achieved during Q3, FY 22 71.2 71.1 99.2 Rs. cr. of total Rs. cr. of profit Rs. cr. of cash comprehensive after tax profit income (TCI) (Rs. 20.9 cr. in the (Rs. 22.4 cr. in the (Rs. 49.1 cr. in th
Slide 14: Shareholder value - Q3 FY 22
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is how our performance translated into shareholder value - Q3 FY 22 3.48 4.85 7,498 Rs. earnings per Rs. cash earnings Rs. cr. market share per share capitalization, 31 December 2021 (Rs. 1.07 in the correspo
Slide 15: Our consolidated financial performance
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our consolidated financial performance Q3 FY22 Q3 FY21 Change 9MFY22 9MFY21 Change FY21 FY20 FY19 Particulars (Rs.Cr.) (Rs. Cr.) (%) (Rs Cr.) (Rs.Cr.) (%) (Rs. Cr.) (Rs. Cr.) (Rs. Cr.) 1212.15 1072.17 13.1% Revenu
Slide 16: Our standalone financial results
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our standalone financial results Q3 FY22 Q3 FY21 Change 9MFY22 9MFY21 Change FY21 FY20 FY19 Particulars (Rs.Cr.) (Rs. Cr.) (%) (Rs. Cr.) (Rs. Cr.) (%) (Rs. Cr.) (Rs. Cr.) (Rs. Cr.) 1212.15 1072.17 13.1% Revenue fr
Slide 17: Performance highlights (Standalone)
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Performance highlights (Standalone) 14.84% 14.38% Revenue (Rs. cr.) EBITDA (Rs. cr.) 4,811.7 4,741.3 16.08% EBITDA Margin % 10.06% 10.34% 4,285.8 3,792.3 3,566.4 8.23% 3.39% 1,212.2 1,072.2 713.8 682.0 689.1 368.7
Slide 18: Our management's overarching 5 messages, Q3FY22
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 ‘Attractively placed’ Our management’s overarching 5 messages, Q3FY22 • We are attractively placed to grow our business in a sustainable manner • We are attractively placed to capitalize on any increase in sugar r
Slide 19: The fine print behind our Q3 performance
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 The fine print behind our Q3 performance Revenues Profits Sugarcane diversion 13.1 174.1 ~70.7 % improvement in % increase in EBITDA over % sugarcane diversion to revenues compared to Q3FY21 B-heavy molasses in Q3
Slide 20: Our Q3 performance explained
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our Q3 performance explained Q3 FY22 Q3 FY21 Variance Key reasons (Rs. Cr.) (Rs. Cr.) Led by higher sugar and distillery realizations Revenue from operations 1,212.15 1,072.17 13.06% inspite of lower sugar volumes
Slide 21: This is how our principal businesses performed
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART TWO This is how our principal businesses performed SLIDE | 20
Slide 22: Business overview Sugar
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Business overview Sugar 86.43 1123.35 1007.63 % of our Rs. cr. revenues Rs. cr. revenues Company’s in Q3 FY 22 in Q3 FY 21 revenues, Q3, FY22 11.5% increase SLIDE | 21
Slide 23: 3 factors influencing our sugar business perspective
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 3 factors influencing our sugar business perspective 1 Quantum and quality of cane from our command areas (play on yield and cane development activity) 2 Crushing efficiency (based on management responsiveness, cl
Slide 24: Policy interventions by the Indian government
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Policy interventions by the Indian government FRP: Fair & Remunerative Price (FRP) of sugarcane for Stock Holding: Stock holding limits on mills regulates the sugar season 2021-22 revised to Rs. 290 per quintal su
Slide 25: This is what our sugar business achieved
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is what our sugar business achieved 11.5% improvement in sugar segment revenues in Q3 (compared with Q3 FY21) 0.7% decline in sugar sales volumes when compared with Q3 FY 21 11.9% increase in average sugar re
Slide 26: Segmental overview – Sugar
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Segmental overview – Sugar Financial data U.O.M. Q3 FY22 Q3 FY21 Change (%) 9M FY22 9M FY21 Change (%) FY21 FY20 FY19 Segment Revenues* (Rs. cr.) 1123.35 1007.63 11.50% 3089.57 3387.2 -8.80% 4351.68 4423.26 3822.4
Slide 27: Segmental Overview – Sugar … continued
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Segmental Overview – Sugar … continued Q3 Q3 Change 9M 9M Change Operational data U.O.M. FY21 FY20 FY19 FY22 FY21 (%) FY22 FY21 (%) Sugarcane Crushed * lac qtls. 259.54 263.21 -1.40% 302.86 463.98 -34.73% 1,032.61
Slide 28: Movement in sugar costs and valuation
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Movement in sugar costs and valuation (Rs./qtl. of sugar) Q3 FY22 Q3 FY21 3,833 3,652 3,454 3,488 3,421 3,151 Cane Cost Cost of Production Sugar Inventory Cane Cost Cost of Production Sugar Inventory Valuation Val
Slide 29: A quick rewind
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 A quick rewind 11.58 11.44 1103.62 463.98 263.21 302.86 10.33 1032.61 259.54 1020.30 9.77 10.63 9.85 9.61 FY19 FY20 FY21 9MFY21 9MFY22 Q3FY21 Q3FY22 FY19 FY20 FY21 9MFY21 9MFY22 Q3FY21 Q3FY22 Sugar cane crushed (l
Slide 30: This is the outlook of our sugar business
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is the outlook of our sugar business Steady crushing has been achieved Expectation is ~5-7% more than the previous season Asset modernization and upgradation are expected to be completed by November 2022 Rela
Slide 31: Business overview: Distillery
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Distillery revenues Business overview: Distillery 698.59 Rs. cr. 9MFY 22 632.67 Rs. cr. 9MFY 21 13.24 10.4% higher % of revenues, Distillery PBIT Q3, FY22 277.49 Rs. cr. 9MFY 22 248.27 Rs. cr. 9MFY 21 11.8% higher
Slide 32: 5 factors influencing our distillery business
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 5 factors influencing our distillery business 1 Our decision to divert cane towards sugar or distillery operations 2 Our decision to select the route through which to manufacture ethanol 3 The ethanol purchase con
Slide 33: This is what our distillery business achieved
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is what our distillery business achieved Accounted for 13.24% of our overall revenues Gularia distillery was commissioned by 40 KLPD to (12.02%, Q3, FY 21) 200 KLPD from December 2021 Improvement in performan
Slide 34: Improved ethanol realizations
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Improved ethanol realizations • Improved per unit realization for ethanol • Improvement based on higher prices announced by the government • Increased the proportion of EBITDA contributed by the ethanol business C
Slide 35: Segment overview – Distillery
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Segment overview – Distillery Financial data U.O.M. Q3 Q3 Change 9M 9M Change FY21 FY20 FY19 FY22 FY21 (%) FY22 FY21 (%) Segment revenues * (Rs. Cr) 172.10 137.99 24.70% 698.59 632.67 10.40% 841.52 566.38 495.82 S
Slide 36: Segment overview – Distillery … continued
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Segment overview – Distillery … continued Operational data U.O.M. Q3 Q3 Change 9M 9M Change FY21 FY20 FY19 FY22 FY21 (%) FY22 FY21 (%) Ethanol Production from B-heavy Cr. BL 1.59 1.18 34.70% 9.03 5.92 52.50% 10.18
Slide 37: Segment overview - Distillery…continued
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Segment overview - Distillery…continued 11.86 17.06 10.29 4.53 9.03 1.59 7.99 1.37 12.76 5.92 11.07 2.99 1.18 10.66 10.18 2.34 4.84 3.58 0.76 0.29 - FY19 FY20 FY21 9MFY21 9MFY22 Q3FY21 Q3FY22 FY19 FY20 FY21 9MFY21
Slide 38: This is the outlook of our distillery business
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 This is the outlook of our distillery business • Profitable foundation for sustainable growth • Encouraging long-term government policy on increasing the use of ethanol in India’s vehicular fuel mix • Projected in
Slide 39: Rising fuel ethanol supply to meet growing Indian demand
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Rising fuel ethanol supply to meet growing Indian demand Ethanol procurement by OMCs (crore litres) 10.0% 459 8.0% 280 5.1% 5.0% 4.2% 189 173 3.5% 151 2.33% 111 2.1% 1.53% 67 67 38 2013-14 2014-15 2015-16 2016-17
Slide 40: Government's growth ambition
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Government’s growth ambition India to achieve 20% blending of ethanol in petrol by 2025 with the Big numbers following benefits: • Eliminate India’s dependence on sugar exports (target to sacrifice ~6 million tonn
Slide 41: India's ethanol blending road map, 2025-26
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 India’s ethanol blending road map, 2025-26 15000 14300 13500 12880 11750 9750 7400 9880 9880 10160 7000 6280 6660 8190 4500 8280 6840 7100 3500 7070 6980 3880 4380 4660 5920 2930 5480 3000 2580 2600 2670 4370 2080
Slide 42: Business overview: Cogeneration
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Business overview: Cogeneration On a review, being undertaken during the quarter, in terms of Ind AS 108 ‘Operating Segments’, sugar and distillery have been identified as distinctive operating segments pertaining
Slide 43: Co-generation – Operational data
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Co-generation – Operational data 104.97 11.31 41.98 21.65 20.21 66.38 90.24 9.36 80.65 3.29 4.94 30.49 52.61 3.3 13.84 42.63 3.17 3.06 3.18 18.77 3.19 FY19 FY20 FY21 9MFY21 9MFY22 Q3FY21 Q3FY22 FY19 FY20 FY21 9MFY
Slide 44: Our treasury management
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART THREE Our treasury management SLIDE | 43
Slide 45: 5 factors influencing our treasury management
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 5 factors influencing our treasury management 1 Our product mix (to manufacture sugar or produce ethanol) 2 To sell sugar within India or export 3 The government’s allocation of sugar sale quota to the company 4 T
Slide 46: How we strengthened our working capital management in Q3 FY 22
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 How we strengthened our working capital management in Q3 FY 22 Reduced sugar inventories (following cane diversion to ethanol) Moderated long-term debt; reduced dependence on short-term debt Reduced export dependa
Slide 47: Major working capital components / Long-term debt
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Major working capital components / Long-term debt 446 406 386 376 1395 363 683 246 609 1059 280 524 498 199 891 218 866 124 FY18 FY19 FY20 FY21 9M FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY21 9M FY22 FY18 FY19 FY20 FY
Slide 48: How we have managed our cash flow (FY17 to FY21)
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 How we have managed our Rs. 2765 cr. cash flow (FY17 to FY21) Capital expenditure Dividend + Taxes Buyback + Taxes Rs. 751 cr. Rs. 362 cr. Rs. 644 cr. (27.2%) (13.1%) (23.3%) Debt repayment (Long Term & Short Term
Slide 49: Cash flow analysis (standalone)
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Cash flow analysis (standalone) Rs. cr. Particulars FY 17-18 FY 18-19 FY 19-20 FY 20-21 Profit before tax 332.18 595.03 554.93 596.11 Cash generated from / (used) in 1179.84 (523.01) 849.61 649.66 operating activi
Slide 50: Treasury management update
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Treasury management update • CRISIL upgraded BCML’s long-term credit rating from AA (Positive) to AA+ (Stable) and re-affirmed the short-term rating at A1+ • As on 31st December 2021, long-term borrowings of the C
Slide 51: Share buyback
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Share buyback 5 59.6 361.14 Number of successive Lakh shares, size of Rs. per share, share buybacks the fifth share average price of in five years buyback share buyback 215.24 42.42 Rs. cr. aggregate % shareholdin
Slide 52: The global and Indian sugar sector overview
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART FOUR The global and Indian sugar sector overview SLIDE | 51
Slide 53: Prospects influenced by global and domestic sugar market trends
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 The company’s sugar prospects are influenced by trends in the global and domestic sugar markets SLIDE | 52
Slide 54: Factors influencing global sugar industry trends
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Factors influencing global sugar industry trends 1 Global oil prices Million tonnes, 2 Government policies catalyzing the shift from sugar to ethanol and sugar export 169.0 global sugar production, 2020- 21 3 Clim
Slide 55: India: World's second largest sugar producing country
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 India: World’s second largest sugar producing country Net of sugar sacrifice 31.2 31.5 32.48 33.16 20.28 27.41 SS16-17 SS17-18 SS18-19 SS19-20 SS20-21 SS21-22 (Est.) Sugar sacrifice (million tones) 0.8 2.0 3.4 thr
Slide 56: India's sugar inventory is correcting downwards
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 India’s sugar inventory is correcting downwards SLIDE | 55
Slide 57: Domestic sugar Balance Sheet
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Domestic sugar Balance Sheet (million tonnes) Sugar season, 2020-21 Sugar season, 2021-22 (estimated) SS 21 Opening 10.7 SS 22 Opening 8.2 Production 31.2 Production 31.5 Domestic consumption 26.5 Domestic consump
Slide 58: Outcomes of the declining national sugar inventory
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Outcomes of the declining national sugar inventory • Strong sugar realisations • Increased profitability of the sugar business • Superior prospects of integrated sugar companies SLIDE | 57
Slide 59: How BCML expects to capitalise on a transforming national industry scenario
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART FIVE How BCML expects to capitalise on a transforming national industry scenario SLIDE | 58
Slide 60: Our objective: Emerge as India's leading sugar and energy company
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our objective: Emerge as India’s leading sugar and energy company • Integrated business model • Extensively under-borrowed (sugar > distillery) • Execution competence (management • Investment in scale; complement
Slide 61: Preparing for the next growth phase (upto November 2022)
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Preparing for the next growth phase (upto November 2022) Setting up a Increase in the Modernization Commissioning new distillery in capacity of of the sugar of sugar Maizapur Balrampur operations at refineries at
Slide 62: ESG and enhanced stakeholder value
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 PART SIX ESG and enhanced stakeholder value SLIDE | 61
Slide 63: Completed five consecutive buy-backs in five years
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Net payout to shareholders of Rs. 1126.03 cr. (excluding distribution taxes) in 5 years through dividends and buy-backs Actively engaged Completed five on the ESG front consecutive buy- backs in five years The Boa
Slide 64: Our ESG vision
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our ESG vision: To retain our position as one of the most respected ESG-driven companies in India’s sugar sector Our focus Reconciling Enhancing multi- Decoupling Building for the Environment (E) stakeholder value
Slide 65: Our ESG framework
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our ESG framework Environmental Social Governance • Our governance platform comprises • Approach woven around Plan- • Business transformation accelerated a strategic clarity on the way we Mitigate-Adapt-Resilience
Slide 66: Our ESG achievements
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our ESG achievements Improvement Improvement Improvement 470054 567813 488298 1916984 1847527 1826927 444314 4.56 1566960 1385679 3.42 3.32 2.85 2.77 57241 FY17 FY18 FY19 FY20 FY21* FY17 FY18 FY19 FY20 FY21 FY17 F
Slide 67: BCML: A socially conscious corporate citizen
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 BCML: A 5-year CSR spend (Rs. cr.) socially 10.93 10.68 10.34 conscious corporate 3.97 2.93 citizen 0.44 FY17 FY18 FY19 FY20 FY21* FY22 (E) * The Company’s mandatory target under CSR spend was Rs. 9.67 crores Empo
Slide 68: Our governance framework
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Our governance framework Focus on de- Engagement of Investment in risking coupled an experienced digitalisation, with controlled Board of processes and growth Directors systems SLIDE | 67
Slide 69: Board of Directors
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Board of Directors Sumit Mazumder Vivek Saraogi Dinesh Kumar Mittal Veena Hingarh Chairman & Independent Managing Director (Retd. IAS) Independent Director Director Lead Independent Director • Executive Chairman a
Slide 70: Board of Directors
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Board of Directors Krishnava Dutt Mamta Binani Naresh Dayal Dr. Arvind Krishna Saxena Independent Director Independent Director (Retd. IAS) Whole-time Director Non-executive Director • Managing Partner of Argus •
Slide 71: Shareholding pattern
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Shareholding pattern Promoter Group’s holding Qualified institutional buyers Dec 20 Mar 21 June 21 Sep 21 Dec 21 Dec 20 Mar 21 June 21 Sep 21 Dec 21 41.21% 41.21% 41.21% 41.40% 42.42% 0.23% 1.85% 1.82 % 1.24 % 2.1
Slide 72: Top 10 non-promoter shareholders as on 31st December 2021
Balrampur Chini Mills Limited Q3FY22 performance review for investors, 2 February 2022 Top 10 non-promoter shareholders as on 31st December 2021 Shareholder % shareholding Nippon Life India Trustee Ltd-A/C Nippon India (Under Various Funds) 4.8 % L&T Mutual Fund Trustee Limited (Under Various Funds)
Slide 73: Contact Us
Contact Us Balrampur Chini Mills Limited Registered Office For further information contact: FMC Fortuna, 2nd Floor, Pramod Patwari Anoop Poojari / Karl Kolah 234/3A, A. J. C. Bose Road, Chief Financial Officer, CDR India Kolkata 700020. Balrampur Chini Mills Limited Tel: +91 98330 90434/ 98330 10478
Balrampur Chini Mills — Q3 FY22 Earnings Presentation on 6ix