Investor 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, Fort, Mumbai- 400001 Symbol: BALRAMCHIN Scrip Code: 500038 Dear Sir/Madam, Subject: Q2FY27 Results Presentation Please find attached herewith, Results Presentation in relation to the Financial Results of the Company for the 2nd Quarter ended 30th September, 2026, declared on 4th November, 2026. Kindly take the above information on record. Thanking You. Yours faithfully For Balrampur Chini Mills Limited Manoj Agarwal Company Secretary & Compliance Officer STRE TC H . Deepening Competence. Widening Horizons. At the cusp of a decisive transformation in its identity Q2FY27 Results Presentation 4th November 2026 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, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Balrampur Chini Mills Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. BCML | Q2FY27 Results 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 REGISTER HERE BCML | Q2FY27 Results 3 Q2FY27 Performance BCML | Q2FY27 Results 4 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 realisation resulted Sugar segment PBIT to increase by 166% to Rs.140.75 crores during Q2FY27 as compared to corresponding quarter in last year. The improvement in sugar realisations, supported by firm domestic prices, also helped offset the cost pressures arising from the ongoing West Asia crisis. While the 2025–26 sugar season concluded with carryover stocks of ~ 3.6 MMT, providing an initial cushion for domestic availability, the gradual increase in sugar consumption, coupled with an expected decline in sugar production in 2026–27 season, is likely to keep the overall supply- demand balance relatively tight. Production prospects in Maharashtra and Karnataka have been adversely affected by deficient monsoons and drought-like conditions, while Uttar Pradesh is expected to remain relatively stable, supported by better irrigation infrastructure. These factors are expected to lend support to domestic sugar prices. However, the Government has taken various measures to ensure adequate availability and contain sharp price movements, including permitting duty-free imports of 1 MMT of raw sugar. Distillery segment performance was affected by compressed margin due to non-revision of procurement prices of Ethanol despite significant increase in sugarcane price and higher operating costs. The Uttar Pradesh Government is yet to announce the State Advised Price (SAP) of sugarcane for the current season. The industry's profitability and cash flows will remain closely linked to that. I am pleased to share that the Board of Directors, at its meeting held today, has declared an interim dividend of Rs. 4.00 (400%) per equity share of Re. 1/- each. The progress of 80,000 TPA PLA plant remains largely on track. We expect the plant to commence commercial operations in Q4FY27. Construction activities are progressing at full pace, and the project continues to advance in line with our execution plans. Over the years, our integrated business model has enabled us to navigate industry headwinds effectively while adapting to evolving market dynamics. We remain committed to sustainable value creation by optimising every aspect of our operations, with a clear focus on maximising value from every stick of cane. Going forward, we will continue to invest judiciously, strengthen our integrated business model and create enduring value for all our stakeholders.” BCML | Q2FY27 Results 5 Consolidated Financial Performance Revenue (Rs. Cr.) PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) Basic EPS (Rs.) 1,876.28 4.84 151.56 2.67 1,670.76 79.85 57.29 104.06 4.8% 8.1% 3.4% 5.6% Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 560.15 18.74 6271.15 380.35 3,213.04 3,513.07 152.93 210.09 108.66 147.58 5.22 7.03 3.4% 4.2% 6.1% 4.8% 6.0% 8.9% H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 Sugar being a seasonal industry, it is recommended that the performance of the Company be evaluated on annual basis. Note Consolidated results of the Company includes Share of Profit of Associate of the Company Viz. Auxilo Finserve Pvt. Ltd. (AFPL) Company’s share in AFPL as on 30th September 2026 stands at 30.47% TCI - Total Comprehensive Income BCML | Q2FY27 Results 6 Standalone Financial Performance Revenue (Rs. Cr.) EBITDA EBIDTA PBT (Rs. Cr.) PBT Margin (%) TCI (Rs. Cr.) TCI Margin (%) (Rs. Cr.) Margin (%) 1,876.28 97.77 49.35 1,670.76 144.13 70.59 171.40 120.40 3.0% 5.2% 4.2% 7.7% Q2FY26 Q2FY27 7.2% 9.1% Q2FY26 Q2FY27 Q2 FY26 Q2 FY27 Q2FY26 Q2FY27 14.1% 6,271.15 523.70 349.04 741.28 3,513.07 3,213.04 136.15 196.17 92.28 254.65 285.33 133.77 2.9% 3.9% 5.6% 4.2% 5.6% 7.9% 8.1% 11.8% 8.4% H1FY26 H1FY27 FY26 H1 FY26 H1 FY27 FY26 H1FY26 H1FY27 FY26 H1F1Y02.96% H1FY27 FY26 Sugar being a seasonal industry, it is recommended that the performance of the Company be evaluated on annual basis. BCML | Q2FY27 Results 7 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 33.57 284.54% banks - ₹ 6.50 cr and ₹ 16.95 cr on account of forfeiture of earnest money deposits. Lower distillery operations, as a result of which consumption Cost of materials consumed 152.79 67.68 (55.70%) of maize is lower Purchases of Stock-in-Trade 7.36 33.36 353.26% Towards import of PLA for developing the domestic market Changes in inventories of finished goods, 1194.80 1398.36 17.04% - stock-in-trade, by-products and work-in-progress Employee benefits expense 99.55 103.58 4.05% - Finance costs 14.23 15.91 11.81% - Depreciation and amortization expense 44.32 44.93 1.38% - Mainly due to increase in (i) Business development expenses Other expenses 95.86 101.90 6.30% Rs. 2.05 crores; (ii) Maintenance Rs. 5.40 crores Tax expense 24.63 48.20 95.70% - Other comprehensive income (net) 3.40 1.84 (45.88%) - BCML | Q2FY26 Results 8 BUSINESS PERFORMANCE SUGAR BCML | Q2FY27 Results 10 SUGAR SEGMENT Financial Performance Revenue (Rs. Cr.) PBIT (Rs. Cr.) PBIT Margin (%) Total Sugar Sales Average Realization of Sugar (lac quintals) (Rs./kg) 1,578.06 140.75 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 44.33 100.56 2,803.32 2,484.68 179.51 55.80 57.35 40.57 40.73 100.91 H1FY26 H1FY27 FY26 4.1% 6.4% 9.3% H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 H1FY26 H1FY27 FY26 * ~8.3% increase in sugar sales volume in Q2FY27 (compared with Q2FY26). ~14.5% increase in sugar realizations in Q2FY27 (compared with Q2FY26) Stock of Sugar inventory (including WIP) [Showing first 8,000 characters — download PDF for full document]