Balrampur Chini Mills Limited — PPTs, 07-02-2025: Investor Presentation

**Financial Highlights:** Balrampur Chini Mills reported consolidated revenue of ₹1,230.4 cr for Q3 FY25, a decrease of 3.1% YoY. For the nine months ending December 2024, the revenue was ₹4,159.5 cr, compared to ₹3,911.7 cr in the corresponding period last year. The PBT for Q3 FY25 stood at ₹79.9 cr, reflecting a margin of 6.7%, down from ₹82.8 cr (6.7%) in Q3 FY24. Basic EPS for the nine months was ₹10.30 versus ₹16.41 in the previous year.

**Strategic Initiatives and Growth Drivers:** The company is progressing with its PLA project, now with an updated gross capex of ₹2,850 cr, expected to enhance operational efficiency and sustainability. The project targets an EBITDA margin of around 35% upon commissioning in Q3 FY27, aligning with long-term growth ambitions.

**Business Developments:** The sugar segment maintained a strong export quota of 1 million tonnes which is bolstering domestic prices. However, the distillery segment faced challenges with lower recovery rates due to adverse weather conditions, impacting performance.

**Market Position and Competitive Advantage:** As a leading integrated sugar producer, Balrampur Chini remains well-positioned within the Indian market, supported by solid operational capabilities and a strategic push towards bioplastics, addressing sustainability trends.

**Investor Implications:** Despite short-term pressures in the distillery segment, the sugar sector's robust domestic pricing and upcoming expansions present a positive outlook. Investors should note the potential for recovery and growth as operational challenges are managed effectively.