Balrampur Chini Mills Limited (BCML) announced its financial results for the quarter and year ended March 31, 2026. Despite facing margin pressure from increased sugarcane costs and static ethanol prices, the company maintained stable operations. The firm is advancing its strategic growth initiatives, including the development of an 80,000-ton PLA plant, supported by a recent Rs. 450 crore equity capital raise to strengthen its financial position and drive future value creation.
Financial Performance Overview
For the fourth quarter of the fiscal year 2026, Balrampur Chini Mills Limited reported revenue from operations of Rs. 1,603.99 crore, representing a growth of 6.67% compared to the same period in the previous year. The company’s EBITDA (excluding other income) for the quarter stood at Rs. 284.79 crore, while total comprehensive income was Rs. 157.23 crore. For the full fiscal year 2026, the company achieved total revenue of Rs. 6,271.15 crore, a 15.80% increase over the prior year, with annual EBITDA reaching Rs. 741.28 crore.
Operational Insights
During the quarter, the company navigated a challenging environment marked by an 8% increase in state-mandated sugarcane prices, which rose to Rs. 400 per quintal. While this impacted margins, the firm benefited from higher sales volumes. Sugarcane crushing volumes showed resilience, with 622.2 lac quintals processed during the quarter, a 1.6% increase year-on-year. For the entire season, crushing volumes rose by 5.2% to 1,043 lac quintals.
Strategic Growth and Investments
The company is making significant headway on its diversification strategy. Construction of the new 80,000-ton PLA plant remains on schedule, with operations expected to commence by Q3 FY27 (October-December 2026). To fund this expansion and support general corporate needs, the board has approved a preferential equity share issue worth Rs. 450 crore. Notably, the promoters have demonstrated their commitment by participating in the fundraise, contributing Rs. 193 crore to the total amount.
Source: BSE
