Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q4 FY2025 Earnings Presentation
35 slides from Balrampur Chini Mills's earnings presentation, May 15, 2025
Slide 1: Results Presentation Cover Letter to Stock Exchanges
15th May, 2025 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: Q4 & FY25 Results Presentation
“STRETCH” Deepening competence. Widening horizon. Q4 & FY25 Results Presentation 15th May 2025
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 Q4 & FY2025 Earnings Conference Call Time Pre-registration Primary dial-in number 12:00 noon. IST on To enable participants to connect to the + 91 22 6280 1141 16th May, 2025 conference call without having to wait for + 91 22 7115 8042 an operator, please register at the belo
Slide 5: Q4 & FY25 Performance
Q4 & FY25 Performance 4
Slide 6: A message from the Chairman and Managing Director
A message from the Chairman and Managing Director Commenting on the “The sugar segment delivered a strong performance in the quarter under review, driven by improved margins. performance for Q4 & FY25, In the distillery segment, results were adversely impacted due to government’s decision not to inc
Slide 7: Consolidated Financial Performance
Consolidated Financial Performance Revenue (Rs. Cr.) PBT (Rs. cr) PBT Margin (%) TCI (Rs. cr) TCI Margin (%) Basic EPS (Rs.) 225.43 1,434.26 1,503.68 208.71 289.36 311.70 11.35 10.08 20.2% 20.7% 14.6% 15.0% Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Revenue (Rs. Cr.) PBT (Rs. cr
Slide 8: Standalone Financial Performance
Standalone Financial Performance Revenue (Rs. Cr.) EBITDA (Rs. cr) EBITDA Margin (%) PBT (Rs. cr) PBT Margin (%) TCI (Rs. cr) TCI Margin (%) 344.72 365.24 216.35 1,434.26 1,503.68 202.70 281.46 301.08 24.0% 24.3% 19.6% 20.0% 14.1% 14.4% Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25
Slide 9: Q4 FY25 Standalone Performance Review
Q4 FY25 Standalone Performance Review Q4 FY24 Q4 FY25 Variance Key Reasons (Rs. Crs.) (Rs. Crs.) (%) Due to higher volume in distillery segment and increased Revenue from operations 1434.26 1503.68 4.8% realizations in both sugar and distillery Mainly on account of Profit on sale of property, plant
Slide 10: Business Performance
Business Performance 9
Slide 11: Sugar
Sugar 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 270.96 (lac quintals) (Rs./kg) 233.07 1,310.89 1,447.32 38.22 40.47 22.49 19.95 17.8% 18.7% Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Revenue (Rs
Slide 13: Sugar Segment – Operational Performance (1 of 2)
Sugar Segment – Operational Performance (1 of 2) Sugarcane crushed Net Sugar Recovery (%) * Sugar Recovery Pre-sacrifice Sugar Production (lac quintals) 10.98 (%) (lac quintals) 9.76 12.08 11.68 68.16 621.05 612.33 59.79 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Sugarcane crush
Slide 14: Sugar Segment – Operational Performance (2 of 2)
Sugar Segment – Operational Performance (2 of 2) Sugarcane diverted towards Sugarcane diverted towards Sugar sacrifice under B- Sugar sacrifice under Syrup B-heavy route (lac quintals) Syrup route (lac quintals) heavy route (lac quintals) route (lac quintals) 308.65 65.67 4.87 7.71 290.18 4.04 16.08
Slide 15: Distillery & Co-generation
Distillery & Co-generation 14
Slide 16: Distillery Segment – Financial Performance
Distillery Segment – Financial Performance Revenue (Rs. Cr.) PBIT (Rs. cr) PBIT Margin (%) Sales * (Cr BL) Average blended realization 530.05 (including ENA & Other 97.23 Products) ** (Rs./BL) 412.85 86.80 60.21 57.73 8.52 6.66 23.6% 16.4% Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 F
Slide 17: Distillery Segment – Operational Performance (1 of 2)
Distillery Segment – Operational Performance (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) 4.57 15.88 8.37 5.62 7.20 4.09 1.73 5.12 2.32 1.47 0.88 - Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY2
Slide 18: Distillery Segment – Operational Performance (2 of 2)
Distillery Segment – Operational Performance (2 of 2) Ethanol Production from C- ENA & Other Products Stock of Alcohol (Cr BL) Stock of Grains heavy molasses route (Cr BL) Production (Cr BL) 3.15 (lac quintal) 2.79 2.85 1.61 1.44 3.15 3.17 0.67 0.89 31st Mar. 2024 31st Mar. 2025 31st Mar. 2024 31st
Slide 19: Update on distillery business
Update on distillery business Ethanol prices under the EBP Programme for ESY 2024-25 are as under: Sl. Price of Ethanol under various feed-stock (Rs./BL) Total Allocation (Cr BL) (till Cycle-3) No. Ethanol Year C-route B-route Syrup DFG SFG Maize 996.69 659.20 ESY 2023-24: 1 56.28 60.73 65.61 64.00
Slide 20: Co-generation – Performance
Co-generation – Performance Power Generated Power Exported Average Realization Stock of Bagasse (lac MT) (Cr Units) (Cr Units) (Rs./Unit) 4.81 44.08 40.75 20.62 4.01 3.96 18.19 2.86 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 31st Mar. 2024 31st Mar. 2025 Power Generated Power Exported * Average
Slide 21: Polylactic Acid
Polylactic Acid 20
Slide 22: Poly Lactic Acid (PLA) Project – Financial Update
Poly Lactic Acid (PLA) Project – Financial Update Higher capex to lay the foundation for enduring Gross Capex ~ Rs. 2850 crores operational excellence through out the life cycle Net capex: ~ Rs. 1750 crores post expected capital subsidy as per Funding proposed U.P. Govt. Scheme • ₹ 1650 crores debt
Slide 23: Poly Lactic Acid (PLA) Project – Current status
Poly Lactic Acid (PLA) Project – Current status ❑ Entire land for the Project has been acquired ❑ Contracts for foreign technology partners viz. Sulzer and Alpine has been executed ❑ EPCM contract executed with Jacobs Solutions ❑ Other contracts for Long Lead Items have been executed ❑ Till 30th Apr
Slide 24: Poly Lactic Acid (PLA) Project – Financial Update (contd.)
Poly Lactic Acid (PLA) Project – Financial Update (contd.) 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
Slide 25: Treasury Management Update
Treasury Management Update Long-term credit rating affirmed by CRISIL stands at AA+ with Stable outlook. Short-term credit rating affirmed by CRISIL stands at A1+. Company has also obtained second rating from India Ratings. India Ratings has During FY25, the Company assigned Long-term rating of “IND
Slide 26: Standalone Cash Flow Analysis
Standalone Cash Flow Analysis Rs. Cr Sl. Particulars FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 no. 1 Profit before tax 554.93 596.11 655.61 396.97 610.19 470.40 Cash generated from operating 2 849.61 649.21 694.65 452.91 177.83 425.16 activities Net cash (used in) investing 3 (304.71) (8
Slide 27: Global & Indian Sugar Sector Overview
Global & Indian Sugar Sector Overview 26
Slide 28: Global Sugar Production Outlook
Global Sugar Production Outlook ( metric million tonnes) 2024-25 (Estimated) 2025-26 (Projected) CS Brazil 40.10 CS Brazil 42.00 Assuming Assuming India 26.00 sugar sacrifice India 30.00 sugar sacrifice of ~3.5 MMT of ~3.5 MMT Thailand 10.00 Thailand 11.50 EU & UK 16.60 EU & UK 16.90 China 11.00 Chi
Slide 29: Factors influencing global sugar industry trends
Factors influencing global sugar industry trends Weather & Production (24-25): • Brazil - Lower sugarcane availability Global oil prices along with lower sugar yields resulted in 186.6 lower sugar production. Million tonnes, global • EU & UK – Reduced beet planting, Government policies catalyzing th
Slide 30: Domestic Sugar Balance Sheet
Domestic Sugar Balance Sheet ( metric million tonnes) 23-24 24-25 (Estimated) 25-26 (Projected) Net of sugar sacrifice Net of sugar Assuming 32.00 of ~2.0 MMT 28.00 sacrifice of ~3.5 sugar 29.00 26.00 MMT (Estimated) 30.00 sacrifice 29.00 of ~3.5 MMT 8.00 8.00 5.50 5.20 5.20 6.20 0.50 0.80 ? Op. Pro
Slide 31: India: World's Largest Sugar Consumer
India: World’s Largest Sugar Consumer India's Sugar Consumption (MMT) CAGR 2.3% ⚫ Steady & sustainable demand 27.40 27.85 29.05 28.00 29.00 opportunity: 25.30 26.50 ⚫ Sugar consumption in India is expected to grow. Key demand drivers include GDP growth, rising disposable income, increasing demand fo
Slide 32: Update on Auxilo Finserve Private Limited – An Associate of BCML
Update on Auxilo Finserve Private Limited – An Associate of BCML Equity Shareholding Pattern as on 31st March 25 (%) * Extract of profitability (Rs. Cr except EPS) 30.5 30.5 Particulars FY 2024-25 FY 2023-24 8.4 9.5 6.3 7.9 Revenue from operations 528.1 356.7 5.2 1.7 Profit for the year 111.9 69.2 E
Slide 33: Key Events to Watch Out
Key Events to Watch Out ❑ State Advised Price (SAP) of sugarcane in Uttar Pradesh for sugar season 2025-26 ❑ Revision in Minimum Selling Price (MSP) of sugar ❑ Revision in Ethanol prices for Juice & B-heavy route ❑ Export policy for the ensuing sugar season 2025-26 32
Slide 34: Contact Us
Contact Us About Balrampur Chini Mills Limited For more information on the Company, please CIN: L15421WB1975PLC030118 log on to www.chini.com Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of For further information contact: the
Slide 35: Thank You
Thank You 34
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