Live Balrampur Chini Mills Share Price Chart

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Balrampur Chini Mills Performance

Days Range

Low: ₹378.70
High: ₹385.40
Previous Close ₹382.90
Open ₹384.00
Volume 5,43,944
Day’s Range ₹378.70 - ₹385.40
52W Range ₹349.30 - ₹485.90
Market Cap ₹7,725.99 Cr

Balrampur Chini Mills Fundamentals

ROCE (TTM) 22.59%
P/E Ratio (TTM) 13.2
P/B Ratio 2.45
Industry P/E 13.67
Debt to Equity 0.17
ROE 17.17%
EPS (TTM) 29.02
Dividend Yield 0.65%
Book Value 156
Face Value 1

Balrampur Chini Mills Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales1,491.531,389.621,539.471,230.39
Expenses1,127.811,267.021,415.831,158.97
Profit before tax364.2106.71222.88123.24
Operating Profit254.4573.51166.2591.33
Net Profit254.4573.51166.2591.33
EPS in Rs12.513.648.244.53

AboutBalrampur Chini Mills

History

Balrampur Chini Mills Limited (BCML) was incorporated on July 14, 1975. In that year, its Balrampur plant commenced its operations in cane crushing with a capacity of 800 tonnes per day. The company acquired controlling stakes in Babhnan Sugar Mill Limited in 1990 and Tulsipur Sugar Company Limited in 1998. Their present crushing capacities in 2023 are 10,000 tonnes and 7,000 tonnes per day, respectively. The company was listed on October 12, 1994.

In March 2003, BCML commissioned a bagasse-based co-generation power plant at Balrampur. In the same year, the company established a new Greenfield sugar complex in Haidergarh, Uttar Pradesh. This complex has a sugarcane crushing capacity of 4,000 tonnes per day and a co-generation capacity of 20.25 MW. Additionally, in 2004, the company set up distillery operations at its Babhnan unit, with a capacity of 60 kilolitres per day (KLPD).

In 2005, a Greenfield sugar project with a crushing capacity of 7,500 TCD was set up at Akbarpur along with a bagasse-based 18 megawatts co-generation power plant. In 2007, its new greenfield integrated sugar complex launched operations at Kumbhi, UP, with an 8,000 TCD sugar plant and 20 MW co-generation power plant.

In January 2020, the company’s Gularia distillery commenced operations with a production capacity of 160 KLPD ethanol through the B-Heavy and C-Heavy molasses routes. In 2022-23, the Balrampur distillery’s capacity was further expanded from 160 KLPD to 330 KLPD with a state-of-the-art condensate polishing unit. The Maizapur Distillery Plant of 320 KLPD was commissioned effective November 6, 2022.

Business Segments

Balrampur Chini Mills produces the following products:

  1. Sugar – BCML is among the top sugar manufacturers in India, with an overall crushing capacity of 77,500 tonnes of cane per day across 10 plants as of May 2023.
  2. Ethanol & Alcohol – The distillery segment of the company generates revenue largely from selling industrial alcohol such as ethanol. The alcohol is sold under contracts with public and private oil marketing companies and other institutional buyers.
  3. Bagasse -The fibrous matter that remains after sugarcane stalks are crushed to extract the juice is called bagasse, which is used as biofuel. It is also supplied to paper industries for the manufacture of eco-friendly paper. It is also used in making sustainable disposable food ware.
  4. Power – Bagasse is often used as the primary fuel source in sugar mills for the production of heat, energy and electricity. This includes combusting bagasse in furnaces to produce steam for renewable power generation.
  5. DDGS – Distiller’s Dried Grain Solubles (DDGS) refers to the by-product extracted during ethanol production. DDGS is rich in protein, fibre, fat, and minerals and thus highly suitable as a livestock feed ingredient.
  6. Agri-Inputs – The company converts leftover ash waste from incineration boilers into bio-potash granules, an essential fertiliser. The company also churns out pressmud, a rich source of organic manure. The use of such agri inputs promotes chemical-free farming.

Subsidiaries

The company does not have any subsidiary companies.

Key Personnel

Mr. Vivek Sarogi, CMD

Along with being the Chairman and Managing Director at Balrampur Chini Mills Ltd., Mr Saraogi is also the President of the Indian Sugar Mills Association. He is on the board of Auxilo Finserve Pvt. Ltd. and is a member of the Indian Chamber of Commerce. In the past, Mr. Saraogi had held the position of Chairman of Indian Sugar Exim Corp. Ltd.

Corporate Actions

The company conducted the following corporate actions:

Rights Issue

The company conducted a rights issue of equity shares with the ex-date as July 15, 2004.

Buyback of Shares

The company conducted buybacks of shares in 2017, 2018, 2019 and 2020.

Stock Split

The company conducted a stock split with a record date of March 31, 2005.

Mergers and Acquisitions

  • Khalilabad Sugar Mills Pvt. Ltd (KSMPL) was merged with the Company pursuant to an order dated August 14, 2013.
  • During the year 2018, Auxilo Finserve Pvt. Ltd. (AFPL) became an associate company.
Parent Organisation Indian Private
Founded 1975
Managing Director Vivek Saraogi
NSE Symbol BALRAMCHIN

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Empee Sugars & Chemicals Ltd ₹2.43

3.95

0.00 (0.00)

3.6 - 4.3
EID Parry (India) Ltd ₹11,172.07

633.95

2.55 (0.40%)

628.1 - 640.5
Indian Sucrose Ltd ₹170.66

3.6

0.00 (0.00)

3 - 3.6
Bajaj Hindusthan Sugar Ltd ₹4,506.53

36

0.75 (2.13%)

34.8 - 36.65
Magadh Sugar & Energy Ltd ₹877.49

621.55

1.85 (-0.30%)

621.55 - 628.45

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Balrampur Chini Mills FAQs

What is the Share price of Balrampur Chini Mills (BALRAMCHIN)?

Balrampur Chini Mills (BALRAMCHIN) share price as of February 28, 2024, on NSE is Rs 379.80 (NSE) and Rs 378.55 (BSE) on BSE.

Can I buy Balrampur Chini Mills (BALRAMCHIN) shares?

Yes, You can buy Balrampur Chini Mills (BALRAMCHIN) shares by opening a Demat account with Angel One.

How do I buy Balrampur Chini Mills (BALRAMCHIN) from Angel One?

Balrampur Chini Mills (BALRAMCHIN) share can be brought through the following modes:
  1. Direct investment: You can buy Balrampur Chini Mills (BALRAMCHIN) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Balrampur Chini Mills (BALRAMCHIN) shares.

Is Balrampur Chini Mills a Debt free Company?

Yes, Balrampur Chini Mills is a debt free company.

What is the main business of Balrampur Chini Mills?

The main business of Balrampur Chini Mills is to manufacture and sell sugar and its co-products, such as molasses, bagasse, ethanol, and alcohol. It also enjoys a significant presence in distillery and power cogeneration.

Who are the promoters of Balrampur Chini Mills?

The main promoters of Balrampur Chini Mills are Vivek Saraogi, Sumedha Saraogi, Meenakshi Mercentiles Ltd, Udaipur Cotton Mills Co Ltd, Stuti Dhanuka, Novel Suppliers Pvt Ltd, Avantika Saraogi, and Vivek Saraogi HUF (Vivek Saraogi).

What are the Subsidiaries that comes under Balrampur Chini Mills?

Balrampur Agro Industries (P) Limited and Vivek Agro Industries (P) are the two subsidiaries of Balrampur Chini Mills from the year 1980.