Balrampur Chini

Balrampur Chini Mills on Monday reported a 60 per cent drop in its consolidated net profit to Rs 67.17 crore in the September quarter of FY25, as lower income weighed on the company's performance. The Uttar Pradesh-based company's consolidated net profit stood at Rs 166.25 crore a year ago. Net income declined 17.35 per cent to Rs 1,362.83 crore while its total expenses fell 8.43 per cent to Rs 1,312.08 crore during the quarter, according to a regulatory filing. Balrampur Chini, one of the country's largest sugar producers, operates 10 manufacturing facilities across eastern and central Uttar Pradesh with a total daily cane crushing capacity of 80,000 tonnes.

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

Derivatives market update Oct 01: FIIs continue to hold more than 4 long positions in index futures for every short bet. Proprietary trades hold 5 shorts for every bullish bet in index futures.

Sugar stocks rose after the central government said it will consider the sugar industry's demand to hike ethanol prices and the minimum selling price (MSP) of sugar

Key players in the sector, including Shree Renuka Sugars, Dhampur Sugars, and Balrampur Chini Mills, were among the top gainers.

Sugar stocks, Ethanol price hike news: The price revision is being considered on priority to incentivise production and meet our blending goals, reports said

Balrampur Chini Mills Ltd on Monday reported a 4.6 per cent drop in its consolidated net profit to Rs 70.15 crore in the first quarter of the current fiscal, as lower sugarcane availability hit production volumes. The net profit stood at Rs 73.50 crore in the same quarter previous fiscal, according to a regulatory filing. Its revenue from operations rose 2.3 per cent to Rs 1,421.59 crore in the quarter ended June 30 this fiscal from 1,389.62 crore in the year-ago period. The expenses increased to Rs 1,334 crore from Rs 1,301 crore in the said period. According to the company, sugarcane crushing remained down 54 per cent, sugar production fell 48 per cent due to lower cane availability, and the distillery segment was impacted by regulatory issues and reduced cane supply. "Despite facing challenges in distillery operations due to regulatory issues, the sugar segment has continued to perform well in a seasonally soft quarter, benefiting from higher volumes and realisations," Balrampu

Higher sugar realization and better feedstock mix within the distillery segment should improve profitability in H1FY25 even as volume may be lower, believe analysts at Elara Capital.

Godfrey Phillips has been one of the key outperformers among SmallCaps thus far in 2024; presently the stock is seen testing support at its trend line, shows daily chart.

Balrampur Chini Mills Limited (BCML), a leading integrated sugar mill company on Monday announced a Rs 2000 crore forward integration project which will be the first-ever "industrial bioplastic" plant in India. The Kolkata-based company said this diversification with its upcoming PLA (Polylactic Acid) manufacturing venture is well-aligned with the sustainability goals envisioned in India, to combat climate change. "The new project aims to propel India towards net zero emissions by 2070 with an estimated investment of Rs 2,000 crore in phases over the next 30 months," Balrampur Chini Executive Director Avantika Saraogi said. "Expected to be completed within 30 months, the new venture will mark the establishment of the first-ever industrial bioplastic plant in India. The state-of-the-art PLA factory will command a whopping capacity at a global scale of 75'000 tonne per annum," the company said. Despite not yet being finalized, the project will be located on a "greenfield site", bes

Leading sugar producer Balrampur Chini Mills Limited (BCML), on Thursday reported a 97 per cent jump in consolidated net profit to Rs 91.32 crore in the third quarter ended December 2023 on the back of better margins, against Rs 46.28 crore profit registered in the corresponding quarter last year. Revenue from operations for the quarter ended was Rs 1230.39 crore as against Rs 981.16 crore in the corresponding quarter of the last year, representing an increase of 25 per cent, the company said in a statement. EBITDA (excluding Other Income) during the quarter under review was higher by 42 per cent to Rs 113.39 crore as against Rs 79.67 crore in the corresponding quarter of the last year. BCML Chairman and Managing Director Vivek Saraogi said, "This quarter resulted in an improved supply of sugarcane for our operations. Overall, with our focused efforts on enhancing sugarcane quality and quantity, our cane development initiatives are on track and we expect to crush about 10 per cent

Stocks to watch on Monday, December 18, 2023: Shares of Zee Entertainment are likely to be in focus as company seeks an extension to complete the proposed merger with Sony India.

Analysts expect lower output to keep sugar prices elevated at least for the next year, driving gains for the sector

Stocks to watch on September 11, 2023: Balrampur, Delta Corp, India Cements, Manappuram, PNB and SAIL among nine stocks in F&O ban on Monday.

According to the technical analyst from Anand Rathi, Balrampur Chini can rally to Rs 435, while PNB is likely to hit Rs 68.

Stocks to Watch Today: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in F&O ban period on Monday.

Balrampur Chini Mills Ltd on Thursday reported 84 per cent fall in consolidated net profit at Rs 12.38 crore for the quarter ended June. Its net profit stood at Rs 76.92 crore in the year-ago period. Total income fell to Rs 1,094.58 crore in the quarter from Rs 1,145.68 crore in the corresponding period of the previous year, according to a regulatory filing. Total expenses rose to Rs 1,077.72 crore during April-June 2022-23 from Rs 1,048.83 crore in the year-ago period. Balrampur Chini Mills is one of the leading sugar manufacturers in the country.

After the massive slaughtering post April 2022, sugar stocks consolidated in June and are now witnessing a pullback rally.

Wiith a favourable mix of ethanol towards B-heavy/ juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

Unit has long-term PPA in place with Gujarat Urja Vikas Nigam Limited for a period of 25 years