Sugar company Balrampur Chini Mills announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: Revenue from Operations for the quarter: Rs 1,503.68 crore (Q4FY25), Rs 1,434.26 crore (Q4FY24), Variance 4.84% EBITDA (excluding Other Income) for the quarter: Rs 365.24 crore (Q4FY25), Rs 344.72 crore (Q4FY24), Variance 5.95% Total Comprehensive Income for the quarter: Rs 225.43 crore (Q4FY25), Rs 208.71 crore (Q4FY24), Variance 8.01% Consolidated FY25 Financial Highlights: Revenue from Operations for the year: Rs 5,415.38 crore (FY25), Rs 5,593.74 crore (FY24), Variance (3.19)% EBITDA (excluding Other Income) for the year: Rs 704.24 crore (FY25), Rs 786.17 crore (FY24), Variance (10.42)% Total Comprehensive Income for the year: Rs 438.84 crore (FY25), Rs 542.55 crore (FY24), Variance (19.12)% Standalone Q4FY25 Financial Highlights: Revenue from Operations for the quarter: Rs 1,503.68 crore (Q4FY25), Rs 1,434.26 crore (Q4FY24), Variance 4.84% EBITDA (excluding Other Income) for the quarter: Rs 365.24 crore (Q4FY25), Rs 344.72 crore (Q4FY24), Variance 5.95% Total Comprehensive Income for the quarter: Rs 216.35 crore (Q4FY25), Rs 202.70 crore (Q4FY24), Variance 6.73% Standalone FY25 Financial Highlights: Revenue from Operations for the year: Rs 5,415.38 crore (FY25), Rs 5,593.74 crore (FY24), Variance (3.19)% EBITDA (excluding Other Income) for the year: Rs 704.24 crore (FY25), Rs 786.17 crore (FY24), Variance (10.42)% Total Comprehensive Income for the year: Rs 345.87 crore (FY25), Rs 441.34 crore (FY24), Variance (21.63)% Commenting on the performance for Q4FY25, Vivek Saraogi, Chairman and Managing Director, Balrampur Chini Mills, said “The sugar segment delivered a strong performance in the quarter under review, driven by improved margins. In the distillery segment, results were adversely impacted due to government’s decision not to increase the ethanol prices for juice and B-heavy ethanol. Sugar cane crushing in the quarter was 1.4% lower than in the same period last year. Gross sugar recovery before diversion remained lower by ~40 basis points due to unfavourable weather conditions. It is worth noting that our decline in sugar recovery was one of the lowest among the factories in the Eastern UP. The export quota of 1 million ton for the current season has bolstered the domestic sugar prices up to a level of Rs.41/kg which is also the average cost of production of sugar in the country. For the 2024-25 ethanol year, while the government has allowed diversion of sugarcane juice and BH molasses for ethanol production but gave no price increase, which is deviation from the government's previous practice of linking ethanol price hikes to FRP/sugar prices has made diversion of sugar for ethanol unremunerative. In the long term, this will pose a challenge to the government’s plan to go upto E30 by 2030. The progress of our 80,000 tons capacity PLA project remains on track with a capital cost of Rs 2850 crores (gross) or Rs 1750 crores (net of capital subsidy announced by the U.P. State Government). The Uttar Pradesh government’s pioneering bioplastics policy strengthens the viability of our PLA project by providing an attractive incentive framework. Over the years, our integrated operations have successfully kept pace with industry headwinds and adapted to the evolving dynamics of the industry. The upcoming PLA bioplastic project fits seamlessly into our core philosophy of getting the most value out of every stick of cane. This transformative project strengthens our ties to agriculture, advances our sustainability goals and is a natural evolution of our business model. We believe it is well positioned to add significant value while promoting environmentally friendly initiative for the future.” Result PDF
Conference Call with Balrampur Chini Mills Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.