Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q2 FY2027 Earnings Presentation
37 slides from Balrampur Chini Mills's earnings presentation, Nov 4, 2026
Slide 1: Exchange filing cover letter: Q2FY27 Results Presentation
4th November, 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 Dalal 400051 Street, For
Slide 2: STRETCH. Deepening Competence. Widening Horizons. Q2FY27 Results Presentation
STRETCH. Deepening Competence. Widening Horizons. At the cusp of a decisive transformation in its identity Q2FY27 Results Presentation 4th November 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 1222 5th November, 2026 to the conference call without + 91 22 7115 8123 having to wait for an operator, please click the link to register. REGISTER HERE REGISTE
Slide 5: Q2FY27 Performance
Q2FY27 Performance BCML | Q2FY27 Results 4
Slide 6: A Message from the Chairman and Managing Director
A MESSAGE FROM Chairman and Managing Director Commenting on the performance for Q2FY27, MR. VIVEK SARAOGI, Chairman and Managing Director of Balrampur Chini Mills Limited, said: “The Company delivered a strong performance during a seasonally weak quarter. Strong volume coupled with improved realisat
Slide 7: Consolidated Financial Performance
Consolidated Financial Performance Revenue (Rs. Cr.) Basic EPS (Rs.) PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) 1,876.28 4.84 151.56 2.67 1,670.76 79.85 104.06 57.29 4.8% 8.1% 3.4% 5.6% Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 560.15 18.74 6271.15 380.35 3,513.07 210.09
Slide 8: Standalone Financial Performance
Standalone Financial Performance Revenue (Rs. Cr.) EBITDA EBIDTA PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) 1,876.28 (Rs. Cr.) Margin (%) 97.77 49.35 1,670.76 144.13 70.59 120.40 171.40 3.0% 5.2% 4.2% 7.7% Q2FY26 Q2FY27 7.2% 9.1% Q2FY26 Q2FY27 Q2 FY26 Q2 FY27 Q2FY26 Q2FY27 14.1% 6,271
Slide 9: Q2FY27 Standalone Performance Review
Q2FY27 Standalone Performance Review Q2 FY26 Q2 FY27 Variance Key Reasons (Rs. Crs.) (Rs. Crs.) (%) Higher volume and realizations in sugar division led to higher Revenue from operations 1670.76 1876.28 12.30% revenues Mainly on account of interest income on fixed deposits with Other income 8.73 33.
Slide 10: Business Performance
P Balrampur Chini Mills Limited BUSINESS PERFORMANCE
Slide 11: Sugar
SUGAR BCML | Q2FY27 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 1,578.06 (lac quintals) (Rs./kg) 140.75 46.40 32.85 1,317.05 40.53 52.84 30.34 Q2FY26 Q2FY27 Q2FY26 Q2FY27 4.0% 8.9% Q2FY26 Q2FY27 Q2FY26 Q2FY27 514.66 5,507.23 44.33 1
Slide 13: Sugar Segment Operational Numbers (1 of 2)
SUGAR SEGMENT Operational Numbers (1 of 2) Sugarcane Crushed Sugar Recovery Pre-Sacrifice Sugar Production Net Sugar Recovery (lac quintals) (%) (lac quintals) (%)* 11.57 11.75 11.38 11.23 1031.55 10.86 95.72 9.28 2.48 3.61 21.78 33.28 H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 H1FY26
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 Sugar sacrifice under B-heavy route (lac quintals) Syrup route (lac quintals) B-heavy route (lac quintals) Syrup route (lac quintals) 107.12 575.84 7.74 12.37 0.04 0.24 - 0.06 2.68
Slide 15: Distillery
DISTILLERY BCML | Q2FY27 Results 14
Slide 16: Distillery Segment Financial Performance
DISTILLERY SEGMENT Financial Performance PBIT (Rs. Cr.) PBIT Margin (%) Average blended realization Revenue (Rs. Cr.) Sales* (Cr BL) (including ENA & Other 59.36 Products) ** (Rs./BL) 405.01 324.59 39.13 5.89 61.28 5.11 56.47 Q2FY26 Q2FY27 14.7% 12.1% Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 203.27
Slide 17: Distillery Operational Numbers (1 of 3)
DISTILLERY SEGMENT Operational Numbers (1 of 3) Ethanol Production from B-heavy Ethanol Production from Syrup route Ethanol Production from C-heavy molasses route (Cr BL) (Cr BL) molasses route (Cr BL) 8.44 1.24 9.66 1.12 0.95 5.88 6.29 0.66 0.58 1.25 1.63 - - 0.04 0.13 Q2FY26 Q2FY27 H1FY26 H1FY27 F
Slide 18: Distillery Operational Numbers (2 of 3)
DISTILLERY SEGMENT Operational Numbers (2 of 3) Ethanol Production from Maize Ethanol Production from Rice route route (Cr BL) (Cr BL) ENA & Other Products 4.67 4.75 Production (Cr BL) 2.41 2.34 2.92 1.14 1.66 1.67 0.84 0.86 0.76 - - - - Q2FY26 Q2FY27 H1FY26 H1FY27 FY26 Q2FY26 Q2FY27 H1FY26 H1FY27 F
Slide 19: Distillery Operational Numbers (3 of 3)
DISTILLERY SEGMENT Operational Numbers (3 of 3) Stock of Alcohol (Cr BL) Stock of B-heavy molasses Stock of C-heavy 1.77 (lac quintal) molasses (lac quintal) 1.63 1.29 0.56 2.59 1.23 30th Sep 2025 30th Sep 2026 30th Sep 2025 30th Sep 2026 30th Sep 2025 30th Sep 2026 Stock of Maize (lac quintal) 1.86
Slide 20: 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) No. Ethanol Year C-route B-route Syrup DFG SFG Maize Total Allocation ESY 2025-26 (Cr BL) ESY 2023-24: 1196.6 1 56.28 60.73 65.61 64.00 5
Slide 21: Co-generation – Operational Numbers
Co-generation – Operational Numbers Power Generated (Cr Units) Power Exported (Cr Units) Average Realization (Rs./Unit) Stock of Bagasse (lac MT) 5.33 1.75 1.11 4.50 3.45 0.67 3.77 0.54 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 30th Sept. 2025 30th Sept. 2026 36.73 82.79 5.09 5.00 4.54 18.26 17.83 8
Slide 22: Poly Lactic Acid (PLA)
POLY LACTIC ACID (PLA) BCML | Q2FY27 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: (Rs. in crores) Q2FY27 Q2FY26 H1FY27 H1FY26 FY26 Employee benefit expenses 0.83 0.40 1.48 0.59 1.65 FUNDING PROPOSED Depreciation 0.53 0.01 0.92 0.01 1.09 • ₹ 1650 crores debt Business Development
Slide 24: 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: PLA Project Progress
Poly Lactic Acid (PLA) Project PROGRESS Till 15th October 2026 Company has spent ~79% Piping work Completed ~Rs. 2397 crores ~88% Structures Completed ~60% of Electrical work completed ~95% Tanks Erected / Completed Over 3000 people on site on an average ~72% Pumps Erected / Completed Analysis and p
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, Kerala and Chandigarh through immersiv
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 October 2026 The Bioyug on Wheels bus travelled across Maharashtra, Madhya Pradesh, Kerala, Uttar Pradesh, Gujarat and Chandigarh, taking the message of sustainable bioplastics to key industry and gover
Slide 28: Punjab joins the PLA conversation
From flag-off to headlines, Punjab joins the PLA conversation ‘Bioyug on Wheels’, a BCML initiative in collaboration with Panjab University and IIT Ropar, was flagged off by Principal Scientific Adviser Prof. Ajay Kumar Sood to promote awareness about Balrampur Chini Mills Limited (BCML) and PI- PLA
Slide 29: Government of India Awards ₹75 Crore BioE3 Grant to BCML
Government of India Awards ₹75 Crore BioE3 Grant to BCML to Advance India's Bioeconomy Balrampur Chini Mills Limited (BCML) has been awarded ₹75 crore in grant assistance by the Biotechnology Industry Research Assistance Council (BIRAC) under the Department of Biotechnology (DBT), Government of Indi
Slide 30: Treasury Management
TREASURY MANAGEMENT BCML | Q2FY27 Results 29
Slide 31: Treasury Management Update
Treasury Management Update Long-term credit rating by CRISIL stands at AA+ with Stable outlook. Short-term credit rating by CRISIL stands at A1+. During H1FY27, the Company: Long-term rating from India Ratings also stands at “IND AA+/Stable” and Short-term rating at “IND A1+. As of 30th September 20
Slide 32: Standalone Cash Flow Analysis
Standalone Cash Flow Analysis Rs. in crores FY 22-23 FY 23-24 FY 24-25 FY 25-26 Sept. Sept. 2025 2026 Profit before tax 396.97 610.19 470.40 523.69 133.77 196.17 Net Cash generated from operating activities 452.91 177.83 425.16 599.47 2254.01 2621.27 Net cash (used in) investing activities (858.75)
Slide 33: Update on Auxilo Finserve Private Limited
UPDATE ON AUXILO FINSERVE PRIVATE LIMITED (AN ASSOCIATE OF THE COMPANY)
Slide 34: Update on Auxilo Finserve Private Limited
Update on Auxilo Finserve Private Limited AN ASSOCIATE OF BCML Extract of profitability (Rs. Cr except EPS) Equity Shareholding Pattern as on 30th Sept. 26 (%) * Particulars Q2 FY26 Q2 FY27 FY26 30.47 30.47 8.43 9.54 Revenue from operations 173.15 174.87 675.76 5.15 6.31 7.94 1.69 Profit after tax 2
Slide 35: 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 36: 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 37: Thank You
® P Balrampur Chini Mills Limited THANK YOU
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