Balrampur Chini Mills Share Price
BALRAMCHIN
Balrampur Chini Mills Share Price Chart
About Balrampur Chini Mills
Balrampur Chini Mills Financials
Market cap ₹11,950 Crs | Open ₹587.70 | Close ₹591.85 |
Circuit range ₹710.20 - ₹473.50 | Day range ₹585.70 - ₹613.40 | Year range ₹343.50 - ₹691.80 |
Volume 11,24,018 | Avg. traded ₹604.19 | Revenue (12m) ₹5,384 Crs |
Balrampur Chini Mills is one of the largest sugar manufacturing companies in India. It also has one of the biggest supply networks in the country. The company, founded in 1975, was initially engaged in sugar manufacturing. It was one of the first sugar companies in the country to diversify into distillery and co-generation segments.
The company was listed on the Calcutta Stock Exchange in 1979. Balrampur Chini Limited’s current operations are spread across various sectors from sugar production to power cogeneration. Currently, it deals in molasses, alcohol, ethanol and other agri-input products.
The company started operations in 1975 with a 800 tonnes per day capacity plant. Currently, the plant is functioning at 12,000 tonnes per day capacity due to the innovative scaling and scope approach. In 1976, Balrampur Commercial Enterprises Limited (BCEL) came under the banner of Balrampur Chini. In 1979, Balrampur Chini became the sole company for all its product manufacturing and distribution entities.
The company then expanded its operations again in 1990 and 1998 by acquiring two different sugar mills. These mills currently have a crushing capacity of 10,000 and 7,000 tonnes per day. In 1995, the sugar producer commissioned a distillery in Balrampur.
Balrampur Chini has also extended its business with cogeneration and first commissioned a bagasse-based cogeneration plant in 2003. It also commissioned another crushing mill the same year and a second cogeneration plant. The years 2004 and 2005 were a hallmark again as the company commissioned a distillery, a cogeneration plant and a sugar project of 7,000 tonnes.
The year 2020 marked a significant step for the company as it commissioned a huge 170 kilo litres per day capacity distillery to manufacture ethanol.
The market capitalisation of Balrampur Chini Mills Ltd stood at nearly ₹7,900 crore as of January 11, 2024. Balrampur Chini share price has gained over 120% in the last three years.
Business operations
Balrampur Chini has its headquarters in Kolkata. The sugar processing capacity of its plants has increased to 80,000 tonnes of cane per day. Its distillery capacity currently stands at 1050 KL per day and cogeneration capacity is at 176MW.
Among its major product segments, 76% of its business comes from sugar. Around 21% is contributed by the distillery operations division. The company has 10 sugar factories, 5 distilleries and 10 cogeneration units all across the country. The sugar factories are mainly located in the cane-rich belts of Eastern and Central Uttar Pradesh.
Balrampur Chini Mills Limited’s distilleries are located in Balrampur, Babhnan, Mankapur and Gularia in Uttar Pradesh. The production capacity of these four distilleries stands at 560 KLPD. The ethanol produced by the company is majorly supplied to Oil Marketing Companies (OMCs) for blending with petrol.
In FY 23, the company crushed 93.66 lakh tonnes of sugarcane and produced 8.83 lakh tonnes of sugar.
Financial highlights
The company’s revenue from operations in FY23 stood at ₹4,666 crore, down by 3.7% compared to ₹4,846 crore in FY22. Its EBITDA (earnings before interest, taxes, depreciation, and amortisation) decreased 33.5% year-on-year to ₹512 crore as against ₹700 crore in FY22. Profit after tax (PAT) of the company decreased to ₹284 crore in FY23 as against ₹465 crore in FY22, marking a YoY drop of 27%. Its earnings per share (EPS) for FY23 stood at ₹13.94 compared to ₹22.44 in FY22.
Balrampur Chini Mills Key indicators
52 week high ₹691.80 | 52 week low ₹343.50 | P/E ratio 27.68 |
P/B ratio 3.33 | ROE 14.13% | ROCE 13.82% |
Dividend yield 0.53% | Debt/Equity ratio 0.62 | EPS 21.47 |
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Analyst ratings:
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This analysis is based on the reviews of 7 experts in the last 7 days
Balrampur Chini Mills Fundamentals
Balrampur Chini Mills Financial Ratios
Operating profit margin15.38% | Net profit margin7.74% |
ROE14.13% | ROA6.83% |
ROCE13.82% |
Quick ratio0.12 | Current ratio1.41 |
Interest coverage8.3 | Asset turnover0.88 |
Debt to Equity0.62 |
P/E ratio27.68 | P/B ratio3.33 |
EV / EBITDA10.81 | |
Dividend yield0.53% |
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Revenue statement
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Balance sheet
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Balrampur Chini Mills Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Mon, Dec 2 2024 | ₹581.10 | ₹591.85 | |
Fri, Nov 29 2024 | ₹561.65 | ₹585.10 | |
Thu, Nov 28 2024 | ₹566.00 | ₹561.10 | -1.05% |
Wed, Nov 27 2024 | ₹565.00 | ₹567.05 | |
Tue, Nov 26 2024 | ₹536.10 | ₹563.40 | |
Mon, Nov 25 2024 | ₹522.10 | ₹536.10 | |
Fri, Nov 22 2024 | ₹506.00 | ₹515.60 | |
Thu, Nov 21 2024 | ₹526.00 | ₹508.70 | -3.45% |
Events
Corporate actions
Dividend • ₹3/share
Ex date 25 Nov 2024
Dividend • ₹3/share
Ex date 20 Nov 2023
Dividend • ₹2.5/share
Ex date 22 Feb 2023
Dividend • ₹2.5/share
Ex date 11 Feb 2022
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