Balrampur Chini Mills Limited — PPTs, 15-05-2026: Investor Presentation

**1. Business Performance:** BCML's Q4FY26 revenue grew 7% to Rs 1,604 Cr, but profit before tax (PBT) dipped 24% to Rs 236 Cr. For the full year FY26, revenue jumped 16% to Rs 6,271 Cr, while PBT was largely flat at Rs 560 Cr. The sugar segment performed steadily despite higher cane prices, thanks to increased sales. Distillery segment earnings were lower due to unchanged ethanol procurement rates.

**2. Growth Drivers or Strategy:** A key focus is the Poly Lactic Acid (PLA) plant, a major diversification for future growth. The company also leverages its integrated business model to adapt to industry changes and maximize value from sugarcane.

**3. Recent Developments:** The 80,000 TPA PLA plant is progressing well, with ~Rs 1,718 Cr spent and Q3FY27 commissioning expected. The Board recently approved raising Rs 450 Cr via preferential equity shares for capex, with promoters actively participating.

**4. Key Financial Metrics:** Q4 EPS stood at Rs 7.90 (-30% YoY); FY26 EPS was Rs 18.74 (-13% YoY). Annual results typically offer a clearer picture for this seasonal business.

**5. Management Commentary / Outlook:** Management expects the PLA plant to drive significant revenue, potentially Rs 2,000 Cr at full capacity. They emphasized ongoing judicious investments and sustainable value creation.