Balrampur Chini Mills
- Market cap
- ₹ 13,533 Cr.
- P/E
- 36.1x
- P/B
- 3.2x
- 52-week range
- 393.55 – 780.95
- ROE
- 10%
- ROCE
- 9%
- Dividend yield
- 0.5%
- Debt / equity
- 0.77
- Sector
- Agricultural Food & other Products
- Industry
- Sugar
- Listed on
- NSE, BSE
About
Balrampur Chini Mills Limited is an India-based sugar manufacturing company. The Company is engaged in the manufacturing and sale of sugar. Its allied business activities consist of the manufacturing and sale of ethanol, ethyl alcohol, generation and sale of co-generated power, and manufacturing and sale of agricultural fertilizers. Its segments include Sugar, Distillery, Polylactic Acid, and Others. The Sugar segment is engaged in the sale of sugar and its by-products. The Distillery segment includes the sale of industrial alcohol, which constitutes ethanol sold under contracts with public and private oil marketing companies, and other products to institutional buyers. The Company is also engaged in the manufacturing of polylactic acid (PLA), a biodegradable polymer. The Others segment is principally engaged in the sale of agricultural fertilizers such as granulated potash. Its Agri-inputs products include PAUDH-SHAKTI, JAIV-SHAKI AND DEVDOOT.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Sugar: 40 companies →Balrampur Chini Mills against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)36.1 against a typical 16.6: pricier than most peers (1st = cheapest).34th of 40
- Sales growth+6.2% against a typical +5.7% from a year earlier.17th of 36
- Profit growth−15.4% against a typical −21.1% from a year earlier.8th of 16
- Share price, 3 months+4.1% against a typical +3.3%.19th of 38
- Size₹ 13,533.2 Cr. market value against a typical ₹ 365.2 Cr. (1st = largest).1st of 36
Latest announcements
Exchange filings and their impact on the company.
- Granted 1.21 lakh ESARs at Rs 721.25 vesting over 4 years with negligible near-term dilution or cost.
Balrampur Chini Mills granted 1,21,268 Employee Stock Appreciation Rights on 17 October 2026 under its ESAR 2023 plan. The exercise price is Rs 721.25 per ESAR, with vesting over 4 years and exercise allowed for 4 years after vesting. The size is very small versus its equity base, so near-term dilution and profit impact are expected to be negligible while aiding employee retention.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA+ | Stable | 13 May 2026 |
| CRISIL | Crisil AA+ | Stable | 13 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 13 May 2026 | Reaffirmed | IND AA+ | — | India Ratings | ₹ 1,200 Cr. | |
| 13 Mar 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 4,969.75 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the Un-audited financial results (Standalone and Consolidated) for the quarter ended Jun 30, 2026 |
| 15 May 2026 | Financial Results | To consider and approve the Audited Financial Results (Standalone and Consolidated) for the Quarter and Year Ended March 31, 2026 |
| 23 Apr 2026 | Fund Raising | In addition to our earlier letter dated 20th April, 2026, we would like to inform that an additional agenda item will be added in the Meeting of the Board of Directors of the Company to be held on Thursday, 23rd April, 2026, to, inter-alia, consider and approve:1. the limit for issuance of Non-Convertible Debentures (NCDs), in one or more tranches, on private placement or otherwise, within the aforesaid borrowing limits, to comply with applicable SEBI regulations and requirements prescribed for Large Corporates. |
| 10 Feb 2026 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December, 2025. |
| 11 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the half year/quarter ended September 30, 2025 and interim dividend for the financial year 2025-2026 and fix record date for the same. |
| 12 Aug 2025 | Financial Results | To consider and approve the Unaudited Financial Results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,539 | 1,230 | 1,434 | 1,422 | 1,298 | 1,192 | 1,504 | 1,542 | 1,671 | 1,454 | 1,604 | 1,637 |
| Expenses | 1,375 | 1,117 | 1,090 | 1,255 | 1,249 | 1,068 | 1,138 | 1,408 | 1,550 | 1,252 | 1,319 | 1,523 |
| Operating Profit | 165 | 113 | 345 | 166 | 49 | 124 | 365 | 134 | 120 | 202 | 285 | 114 |
| OPM % | 11% | 9% | 24% | 12% | 3.8% | 10% | 24% | 9% | 7% | 14% | 18% | 7% |
| Other Income | 116 | 60 | 12 | 15 | 73 | 16 | 20 | 16 | 18 | 17 | 22 | 21 |
| Interest | 17 | 8 | 25 | 36 | 20 | 7 | 30 | 34 | 14 | 4 | 26 | 32 |
| Depreciation | 41 | 42 | 43 | 43 | 43 | 44 | 43 | 44 | 44 | 44 | 45 | 44 |
| Profit before tax | 223 | 123 | 289 | 102 | 59 | 89 | 312 | 73 | 80 | 171 | 236 | 59 |
| Tax % | 25% | 26% | 30% | 31% | −14% | 21% | 26% | 29% | 33% | 34% | 32% | 25% |
| Net Profit | 166 | 91 | 203 | 70 | 67 | 70 | 229 | 52 | 54 | 113 | 160 | 44 |
| EPS in Rs | 8.24 | 4.53 | 10.08 | 3.48 | 3.33 | 3.49 | 11.35 | 2.55 | 2.67 | 5.62 | 7.9 | 2.09 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 5%
- 3 Years
- 10%
- TTM
- 15%
- 10 Years
- 5%
- 5 Years
- −4%
- 3 Years
- 10%
- TTM
- −11%
- 10 Years
- 19%
- 5 Years
- 13%
- 3 Years
- 19%
- TTM
- —
- 10 Years
- 17%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Balrampur Chini Mills | ₹ 631.10 | ₹ 13,533 Cr. | 36.1x | 3.2x | 10% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Vivek Saraogi
- Executive Chairman of the Board, Managing Director
- Pramod Patwari
- Chief Financial Officer
- Stefan Barot
- President - Chemical Division
- Rohit Bothra
- President - Taxation and Strategy
- Ajay Kumar Dubey
- Executive President - Babhnan
- Vinay Khanna
- Senior Vice President - Business Planning and Operations
- Manoj Agarwal
- Compliance Officer, Company Secretary
- Manish Purohit
- Vice President - Cane Operations
Prices are delayed and for information only. Nothing on this page is investment advice.