NSEPress Release6d ago · 4 Nov 2026, 06:37 pm
Press Release
Balrampur Chini Mills Limited · BALRAMCHIN
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Balrampur Chini Mills Limited has announced its Q2 FY27 financial results, reporting a 12.3% increase in revenue from operations and a 42.4% increase in EBITDA (excluding Other Income) for the quarter. The company has also declared an interim dividend of Rs.4.00 (400%) per equity share.
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Full Announcement
Balrampur Chini Mills Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Q2 FY27 Financial Results".
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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
400051 Dalal Street, Fort, Mumbai- 400001
Symbol: BALRAMCHIN Scrip Code: 500038
Dear Sir/ Madam,
Sub: Press Release pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Please find enclosed the Press Release of the Company further to the Board meeting held
today, 4th November, 2026.
The Press Release will also be available on the Company’s website, www.chini.com.
Thanking You.
Yours faithfully
For Balrampur Chini Mills Limited
Manoj Agarwal
Company Secretary & Compliance Officer
Encl: A/a
Press Release
4th November 2026, Kolkata
Q2 FY27 Financial Results
Kolkata, November 4, 2026: Balrampur Chini Mills Limited (BCML), one of the largest integrated sugar
manufacturing companies in India, announced its financial results for the quarter and half year ended
September 30, 2026.
Balrampur Chini Mills Limited has delivered a strong performance in this quarter. The company reported
improvement in sugar volumes and realizations.
Commenting on the performance for Q2 FY27, Mr. Vivek Saraogi, Chairman and Managing
Director, Balrampur Chini Mills Limited (BCML), 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.”
Highlights of the Consolidated Results:
Q2FY27
Particulars Q2FY27 Q2FY26 Variance
(` in crs) (` in crs) (%)
Revenue from Operations for the quarter 1,876.28 1,670.76 12.3%
EBITDA (excluding Other Income) for the quarter 171.40 120.40 42.4%
Total Comprehensive Income for the quarter 104.06 57.29 81.6%
H1FY27
Particulars H1FY27 H1FY26 Variance
(` in crs) (` in crs) (%)
Revenue from Operations for the period 3,513.07 3,213.04 9.3%
EBITDA (excluding Other Income) for the period 285.33 254.65 12.0%
Total Comprehensive Income for the period 147.58 108.66 35.8%
Highlights of the Standalone Results:
Q2Y27
Q2FY27 Q2FY26 Variance
Particulars (` in crs) (` in crs) (%)
Revenue from Operations for the quarter 1,876.28 1,670.76 12.3%
EBITDA (excluding Other Income) for the quarter 171.40 120.40 42.4%
Total Comprehensive Income for the quarter 97.77 49.35 98.1%
H1FY27
Particulars H1FY27 H1FY26 Variance
(` in crs) (` in crs) (%)
Revenue from Operations for the period 3,513.07 3,213.04 9.3%
EBITDA (excluding Other Income) for the period 285.33 254.65 12.0%
Total Comprehensive Income for the period 136.15 92.28 47.5%
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 located in Uttar Pradesh (India) having an aggregate
sugarcane crushing capacity of 80,000 TCD, distillery and co-generation operations of 1050 KLPD and
175.7 MW (Saleable) respectively. We are also in process of setting up India’s 1st Poly Lactic Acid
(PLA) plant of 80,000 TPA capacity.
For more information on the Company, please log on to www.chini.com
For further information, please contact.
Mr. Pramod Patwari, Chief Financial Officer
Tel: +91 33 2287 4749
Email: pramod.patwari@bcml.in
For media queries, please contact.
Ms. Debamita Banerjee, DGM, Corporate Communications
Tel: +91 9163332381
BrandVD Communications
Ms. Neha Singh I Mr. Lokesh Sharma
+91 9910638881 | +91 9582590886
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 our 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.