Balrampur Chini Mills share price rises 1%: Firm bags 1st institutional order to supply bioplastic items

The leading sugar company on Monday said it has bagged its first institutional order from Lucknow Cantonment Board to supply green bioplastic products, including compostable garbage bags.

Kolkata-headquartered Balrampur Chini has diversified into the bioplastic business and is setting up a PLA (poly lactic acid) manufacturing plant at Kumbhi in UP with a total annual capacity of 80,000 tonnes.

In a regulatory filing on Monday, the company said its PLA vertical, Balrampur Bioyug, has secured its first official institutional order from the Lucknow Cantonment Board.

The order includes compostable garbage bags (in two sizes), 300 ml PLA bottles, 3D-printed PLA compostable pens, and PLA folders -- all manufactured from renewable, bio-based PLA, a 100 per cent compostable material with a low carbon footprint that leaves no microplastics behind.

Lucknow Cantonment, spread across 6,760 acres, is administered by the Lucknow Cantonment Board, a statutory body functioning under the administrative control of the Director General of Defence Estates, Ministry of Defence, Government of India.

Balrampur Chini expects its PLA plant to be operational in October this year.

What the management said

Avantika Saraogi, Executive Director of Balrampur Chini Mills, said, "This order from the Lucknow Cantonment Board represents more than a procurement milestone, as it signals institutional trust in India's emerging biopolymer capabilities."

"The adoption of compostable PLA products across operational categories demonstrates that sustainable materials are no longer experimental alternatives but credible, performance-orientated solutions for large-scale institutional use," she added.

Balrampur Chini Mills said the order from the Lucknow Cantonment Board signals a shift from fossil-based materials to bio-based alternatives within institutional systems amid rising concerns around single-use plastics and microplastic contamination.

About Balrampur Chini Mills

Balrampur Chini Mills Ltd, one of the largest integrated sugar companies in India, has ten sugar factories in UP, having an aggregate sugarcane crushing capacity of 80,000 tonnes per day.

It also has distillery and co-generation operations of 1050 kilolitres per day and 175.7 MW, respectively.

Balrampur Chini Q3 FY26 earnings

Balrampur Chini Mills reported a 61% increase in consolidated net profit at ₹113.43 crore for the December quarter of FY26 (Q3 FY26) on better income.

Its net profit stood at ₹70.47 crore in the year-ago period.

Total income rose to ₹1,463.64 crore in the third quarter of this fiscal year from ₹1,198.92 crore a year ago, according to a regulatory filing.