Balrampur Chini Mills Ltd.
BALRAMCHINFast Moving Consumer Goods filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 2 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220525 | 2022-03-31 | no | |
| TRANSCRIPT | 20220531 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220811 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221114 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230216 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230517 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230811 | 2023-06-30 | yes | |
| TRANSCRIPT | 20240215 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240820 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241118 | 2024-09-30 | yes | |
| COVER_LETTER | 20250210 | 2024-12-31 | no | |
| TRANSCRIPT | 20250213 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250819 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251115 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260213 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260522 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260818 | 2026-06-30 | yes |
BALRAMCHIN
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 659.40 |
| 52-week range | 397.8 – 767.1 |
| Return 1M | -1.3% |
| Return 3M | 23.44% |
| Return 1Y | 40.39% |
| Return 3Y | 49.78% |
| Return 5Y | 83.22% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,637.00 |
| Other income | 15.00 |
| Total income | 1,652.00 |
| Cost of materials consumed | 260.00 |
| Purchases of stock-in-trade | 24.00 |
| Changes in inventories | 1,025.00 |
| Employee benefit expense | 100.00 |
| Finance costs | 32.00 |
Ownership — 2026-06-30, and the change from 2026-06-03
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.43 | 0.00 |
| institutions foreign | 0.09 | -0.00 |
| institutions domestic | 0.29 | 0.00 |
| mutual funds | 0.26 | 0.00 |
| public | 0.57 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2024-12-31 | 2 |
| TRANSCRIPT | 2026-06-30 | 15 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,113.00 | 981.00 | 1,492.00 | 1,390.00 | 1,539.00 | 1,230.00 | 1,434.00 | 1,422.00 | 1,298.00 | 1,192.00 | 1,504.00 | 1,542.00 | 1,671.00 | 1,454.00 | 1,604.00 | 1,637.00 |
| Other income | 12.00 | 20.00 | 16.00 | 12.00 | 109.00 | 54.00 | 4.00 | 8.00 | 65.00 | 7.00 | 9.00 | 6.00 | 9.00 | 10.00 | 12.00 | 15.00 |
| Total income | 1,125.00 | 1,001.00 | 1,508.00 | 1,402.00 | 1,649.00 | 1,284.00 | 1,439.00 | 1,429.00 | 1,363.00 | 1,199.00 | 1,513.00 | 1,549.00 | 1,679.00 | 1,464.00 | 1,616.00 | 1,652.00 |
| Cost of materials consumed | 67.00 | 945.00 | 2,204.00 | 657.00 | 169.00 | 1,229.00 | 2,525.00 | 345.00 | 16.00 | 1,383.00 | 2,367.00 | 262.00 | 153.00 | 1,614.00 | 2,581.00 | 260.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 0.00 | 1.00 | 4.00 | 7.00 | 13.00 | 9.00 | 24.00 |
| Changes in inventories | 899.00 | -231.00 | -1,365.00 | 377.00 | 1,001.00 | -333.00 | -1,709.00 | 721.00 | 1,055.00 | -535.00 | -1,499.00 | 958.00 | 1,195.00 | -625.00 | -1,560.00 | 1,025.00 |
| Employee benefit expense | 95.00 | 94.00 | 101.00 | 89.00 | 93.00 | 109.00 | 108.00 | 92.00 | 94.00 | 106.00 | 113.00 | 93.00 | 100.00 | 111.00 | 118.00 | 100.00 |
| Finance costs | 8.00 | 6.00 | 21.00 | 34.00 | 17.00 | 8.00 | 25.00 | 36.00 | 20.00 | 7.00 | 30.00 | 34.00 | 14.00 | 4.00 | 26.00 | 32.00 |
| Depreciation and amortisation | 28.00 | 33.00 | 40.00 | 41.00 | 41.00 | 42.00 | 43.00 | 43.00 | 43.00 | 44.00 | 43.00 | 44.00 | 44.00 | 44.00 | 45.00 | 44.00 |
| Other expenses | 68.00 | 94.00 | 148.00 | 103.00 | 112.00 | 112.00 | 165.00 | 98.00 | 80.00 | 114.00 | 157.00 | 92.00 | 96.00 | 140.00 | 172.00 | 115.00 |
| Total expenses | 1,165.00 | 940.00 | 1,149.00 | 1,301.00 | 1,433.00 | 1,167.00 | 1,157.00 | 1,334.00 | 1,312.00 | 1,119.00 | 1,212.00 | 1,485.00 | 1,609.00 | 1,300.00 | 1,389.00 | 1,600.00 |
| Profit before exceptional items and tax | -40.00 | 61.00 | 359.00 | 101.00 | 216.00 | 117.00 | 281.00 | 95.00 | 51.00 | 80.00 | 301.00 | 63.00 | 71.00 | 163.00 | 227.00 | 52.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -40.00 | 61.00 | 359.00 | 101.00 | 216.00 | 117.00 | 281.00 | 95.00 | 51.00 | 80.00 | 301.00 | 63.00 | 71.00 | 163.00 | 227.00 | 52.00 |
| Current tax | -3.00 | 7.00 | 63.00 | 18.00 | 25.00 | 14.00 | 54.00 | 17.00 | -1.00 | 14.00 | 48.00 | 13.00 | 16.00 | 34.00 | 52.00 | 8.00 |
| Deferred tax | -5.00 | 11.00 | 47.00 | 16.00 | 31.00 | 17.00 | 32.00 | 16.00 | -7.00 | 5.00 | 35.00 | 9.00 | 10.00 | 24.00 | 25.00 | 6.00 |
| Tax expense | -8.00 | 17.00 | 110.00 | 33.00 | 57.00 | 32.00 | 86.00 | 32.00 | -8.00 | 19.00 | 83.00 | 22.00 | 26.00 | 58.00 | 77.00 | 14.00 |
| Profit for the period | -29.00 | 46.00 | 254.00 | 74.00 | 166.00 | 91.00 | 203.00 | 70.00 | 67.00 | 70.00 | 229.00 | 52.00 | 54.00 | 113.00 | 160.00 | 44.00 |
| Profit attributable to owners | — | — | — | — | — | — | — | — | 0.00 | — | — | — | 0.00 | — | 0.00 | — |
| Profit attributable to non-controlling interests | — | — | — | — | — | — | — | — | 0.00 | — | — | — | 0.00 | — | 0.00 | — |
| Other comprehensive income | -7.00 | 0.00 | 2.00 | -1.00 | 3.00 | 1.00 | 5.00 | -0.00 | 4.00 | 2.00 | -4.00 | -0.00 | 3.00 | 1.00 | -2.00 | -1.00 |
| Total comprehensive income | -36.00 | 46.00 | 256.00 | 73.00 | 169.00 | 92.00 | 209.00 | 70.00 | 71.00 | 72.00 | 225.00 | 51.00 | 57.00 | 114.00 | 157.00 | 44.00 |
| Earnings per share, basic | -1.42 | 2.27 | 12.51 | 3.64 | 8.24 | 4.53 | 10.08 | 3.48 | 3.33 | 3.49 | 11.35 | 2.55 | 2.67 | 5.62 | 7.90 | 2.16 |
| Earnings per share, diluted | -1.42 | 2.27 | 12.51 | 3.64 | 8.24 | 4.52 | 10.08 | 3.47 | 3.31 | 3.48 | 11.31 | 2.53 | 2.65 | 5.58 | 7.84 | 2.14 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 4,741.00 | 4,812.00 | 4,846.00 | 4,666.00 | 5,594.00 | 5,415.00 | 6,271.00 |
| Other income | 44.00 | 27.00 | 33.00 | 63.00 | 180.00 | 89.00 | 37.00 |
| Total income | 4,785.00 | 4,839.00 | 4,879.00 | 4,729.00 | 5,774.00 | 5,504.00 | 6,308.00 |
| Cost of materials consumed | 3,464.00 | 3,512.00 | 3,262.00 | 3,419.00 | 4,580.00 | 4,111.00 | 4,609.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 33.00 |
| Changes in inventories | 37.00 | -56.00 | 194.00 | -10.00 | -663.00 | -259.00 | -32.00 |
| Employee benefit expense | 254.00 | 282.00 | 308.00 | 364.00 | 399.00 | 405.00 | 421.00 |
| Finance costs | 64.00 | 39.00 | 31.00 | 49.00 | 84.00 | 93.00 | 77.00 |
| Depreciation and amortisation | 101.00 | 112.00 | 114.00 | 130.00 | 166.00 | 173.00 | 177.00 |
| Other expenses | 304.00 | 360.00 | 382.00 | 381.00 | 492.00 | 448.00 | 499.00 |
| Total expenses | 4,225.00 | 4,249.00 | 4,291.00 | 4,332.00 | 5,058.00 | 4,977.00 | 5,784.00 |
| Profit before exceptional items and tax | 560.00 | 590.00 | 588.00 | 397.00 | 716.00 | 527.00 | 524.00 |
| Exceptional items | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 560.00 | 590.00 | 587.00 | 397.00 | 716.00 | 527.00 | 524.00 |
| Current tax | 97.00 | 103.00 | 115.00 | 69.00 | 111.00 | 77.00 | 114.00 |
| Deferred tax | -48.00 | 27.00 | 19.00 | 55.00 | 97.00 | 48.00 | 68.00 |
| Tax expense | 49.00 | 129.00 | 134.00 | 124.00 | 208.00 | 125.00 | 182.00 |
| Profit for the period | 519.00 | 480.00 | 465.00 | 284.00 | 534.00 | 437.00 | 378.00 |
| Profit attributable to owners | 519.00 | — | — | — | — | — | 0.00 |
| Profit attributable to non-controlling interests | 0.00 | — | — | — | — | — | 0.00 |
| Other comprehensive income | -7.00 | -1.00 | -4.00 | -6.00 | 8.00 | 2.00 | 2.00 |
| Total comprehensive income | 512.00 | 479.00 | 461.00 | 278.00 | 543.00 | 439.00 | 380.00 |
| Earnings per share, basic | 23.44 | 22.48 | 22.44 | 13.94 | 26.49 | 21.65 | 18.74 |
| Earnings per share, diluted | 23.44 | 22.48 | 22.44 | 13.94 | 26.49 | 21.57 | 18.59 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 3,582.00 | 5,429.00 | 4,168.00 | 6,086.00 | 4,586.00 | 7,129.00 | 5,224.00 | 8,406.00 |
| Non-current assets | 2,684.00 | 2,851.00 | 3,006.00 | 3,051.00 | 3,432.00 | 3,828.00 | 4,135.00 | 5,023.00 |
| Current assets | 898.00 | 2,578.00 | 1,162.00 | 3,035.00 | 1,154.00 | 3,301.00 | 1,089.00 | 3,384.00 |
| Property, plant and equipment | 1,658.00 | 2,598.00 | 2,553.00 | 2,639.00 | 2,618.00 | 2,645.00 | 2,582.00 | 2,604.00 |
| Capital work-in-progress | 767.00 | 24.00 | 132.00 | 45.00 | 93.00 | 106.00 | 316.00 | 1,747.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Inventories | 534.00 | 2,319.00 | 789.00 | 2,869.00 | 1,006.00 | 3,119.00 | 883.00 | 3,135.00 |
| Trade receivables | 51.00 | 125.00 | 135.00 | 126.00 | 31.00 | 143.00 | 100.00 | 179.00 |
| Cash and cash equivalents | 172.00 | 0.00 | 166.00 | 0.00 | 33.00 | 0.00 | 7.00 | 0.00 |
| Total equity and liabilities | 3,582.00 | 5,429.00 | 4,168.00 | 6,086.00 | 4,586.00 | 7,129.00 | 5,224.00 | 8,406.00 |
| Equity | 2,746.00 | 2,896.00 | 3,148.00 | 3,401.00 | 3,549.00 | 3,796.00 | 3,919.00 | 4,138.00 |
| Equity share capital | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Other equity | 2,725.00 | 2,875.00 | 3,128.00 | 3,381.00 | 3,529.00 | 3,775.00 | 3,899.00 | 4,118.00 |
| Total liabilities | 836.00 | 2,533.00 | 1,020.00 | 2,685.00 | 1,036.00 | 3,333.00 | 1,305.00 | 4,268.00 |
| Non-current liabilities | 425.00 | 569.00 | 561.00 | 565.00 | 395.00 | 777.00 | 894.00 | 1,263.00 |
| Current liabilities | 411.00 | 1,964.00 | 459.00 | 2,120.00 | 641.00 | 2,557.00 | 411.00 | 3,005.00 |
| Borrowings, non-current | 341.00 | 429.00 | 373.00 | 326.00 | 146.00 | 489.00 | 585.00 | 908.00 |
| Borrowings, current | 139.00 | 1,450.00 | 176.00 | 1,682.00 | 457.00 | 2,137.00 | 189.00 | 2,261.00 |
| Trade payables | 98.00 | 352.00 | 93.00 | 278.00 | 38.00 | 277.00 | 35.00 | 282.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 1,521.00 | 453.00 | 1,614.00 | 178.00 | 1,898.00 | 425.00 | 2,254.00 | 599.00 |
| Net cash from investing activities | -592.00 | -859.00 | -122.00 | -225.00 | -396.00 | -880.00 | -320.00 | -947.00 |
| Net cash from financing activities | -758.00 | 406.00 | -1,325.00 | 47.00 | -1,469.00 | 455.00 | -1,927.00 | 347.00 |
| Purchase of property, plant and equipment | 582.00 | 856.00 | 152.00 | 268.00 | 403.00 | 892.00 | 321.00 | 948.00 |
| Net increase in cash | 172.00 | -0.00 | 166.00 | 0.00 | 33.00 | 0.00 | 7.00 | 0.00 |
| con:CFO.BEFORE_TAX | 1,561.00 | 521.00 | 1,661.00 | 277.00 | 1,942.00 | 501.00 | 2,297.00 | 719.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 40.00 | 68.00 | 47.00 | 100.00 | 44.00 | 76.00 | 43.00 | 120.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 17.00 | 17.00 | 6.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 8.00 | 13.00 | 34.00 | 48.00 | 7.00 | 12.00 | 1.00 | 3.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-03 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 42.90 | 42.90 | 42.90 | 42.90 | 42.90 | 42.90 | 42.87 | 42.87 | 42.87 | 0.43 | 0.43 | 0.43 | 0.43 | 0.43 |
| Domestic institutions | 21.33 | 22.14 | 21.64 | 20.76 | 22.58 | 26.44 | 26.53 | 27.12 | 28.02 | 0.28 | 0.28 | 0.28 | 0.29 | 0.29 |
| Mutual funds | — | — | — | — | — | — | — | — | 26.09 | 0.25 | 0.25 | 0.25 | 0.26 | 0.26 |
| Insurance companies | 1.65 | 1.79 | 2.19 | 1.84 | 1.83 | 1.22 | 1.19 | 1.26 | 1.27 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 13.67 | 14.19 | 10.49 | 11.27 | 12.19 | 12.86 | 12.11 | 12.01 | 11.99 | 0.11 | 0.11 | 0.10 | 0.09 | 0.09 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 57.10 | 57.10 | 57.10 | 57.10 | 57.10 | 57.10 | 57.13 | 57.13 | 57.13 | 0.57 | 0.57 | 0.57 | 0.57 | 0.57 |
| Non-institutional | 22.11 | 20.77 | 24.97 | 25.07 | 22.34 | 17.80 | 18.50 | 18.00 | 17.13 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 |
| Shares outstanding | 201749245 | 201749245 | 201749245 | 201749245 | 201749245 | 201749245 | 201902371 | 201902371 | 201902371 | 201943958 | 201950436 | 201950436 | 211267207 | 211267207 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Mr. Vivek Saraogi | Chairman and Managing Director (CM | Remuneration | 46,948,000.00 | 1 |
| Balrampur Foundation | Entities over which KMP and/or the | Any other transaction | 21,475,000.00 | 1 |
| Mr. Praveen Gupta | Whole-Time Director (WTD) | Remuneration | 4,329,000.00 | 1 |
| Ms. Avantika Saraogi | Executive Director | Remuneration | 2,640,000.00 | 1 |
| Ms. Mamta Binani | Independent Director | Any other transaction | 715,000.00 | 2 |
| Ms. Veena Hingarh | Independent Director | Any other transaction | 600,000.00 | 2 |
| Dr. Indu Bhushan | Independent Director | Any other transaction | 575,000.00 | 2 |
| Mr. Chandra Kishore Mishra | Independent Director (w.e.f. 17th | Any other transaction | 200,000.00 | 1 |
| Auxilo Finserve Pvt. Ltd. | Associate Company | Investment | 0.00 | 1 |
| The Balrampur Sugar Company Limited Employees Gratuity Fund | Post Employment Benefit Plan | Any other transaction | -11,746,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-18 | Q1FY27 | Read the call | |
| 2026-05-22 | FYFY26 | Read the call | |
| 2026-02-13 | Read the call | ||
| 2025-11-15 | Q2FY26 | Read the call | |
| 2025-08-19 | Q1FY26 | Read the call | |
| 2025-02-13 | Q3FY25 | Read the call | |
| 2024-11-18 | Q2FY25 | Read the call | |
| 2024-08-20 | Q1FY25 | Read the call | |
| 2024-02-15 | Q3FY24 | Read the call | |
| 2023-08-11 | Q1FY24 | Read the call | |
| 2023-05-17 | FYFY23 | Read the call | |
| 2023-02-16 | Q3FY23 | Read the call | |
| 2022-11-14 | Q2FY23 | Read the call | |
| 2022-08-11 | Q1FY23 | Read the call | |
| 2022-05-31 | FYFY22 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY26 | Q1FY27 | Q2FY23 | Q2FY25 | Q2FY26 | Q3FY23 | Q3FY24 | Q3FY25 |
|---|---|---|---|---|---|---|---|---|
| Capex | And also, the enough cash flows of the capex that you are already putting in. | — | Thirdly, what Pramod has been saying is, even in the interview today, additional capacity now has to come from sacrifice of juice, rather than B-heavy… | So, we have no further capex expansion program in this segment. | — | — | In terms of the CAPEX, in terms of the opportunity, or any could that be very large or could that be just. | One thing about the PLA project, so you mentioned that the capex cost is now Rs. |
| Capital allocation | — | — | So, we continue to explore related businesses and be in sort of deep rooted and light in terms of our balance sheet for any good opportunity of acquis… | — | — | — | — | — |
| Costs | And it will also give us a lot of raw material for our ethanol. | There will be some cost pressure, there will be some realization gain. | — | We want enforcement of existing regulations and which they are happy to do and in fact basically the whole discussion was that there was no raw materi… | — | — | — | In addition to the raw material cost, there is an inflationary pressure also on the conversion cost. |
| Debt and cash | — | — | — | — | — | — | Hence, ensuring market price and payment to farmers with no excess stock, but a cash flow to the mills. | I do not want the whole project cost, but just for cash flow perspective from FY26 to FY27. |
| Demand | Since now we have reached almost average 19% kind of ethanol blending, what is your view from the demand conditions, say, in the next few years? | Any comment on international demand-supply situation? | — | So, again our demand is about 2 million tonnes. | We are dialoguing, etc. So, demand is going to come from two things. | We have 4-5 good varieties in the pipeline and any dependence on any single variety is completely reduced. | So, how do you expect the demand scenario of the current and upcoming year for the distillery division? | — |
| Guidance | — | But if we take a slightly medium-term outlook for the company as a whole, can you give us that this INR 3,000 to INR 3,200 crore capex, can it create … | So, can we expect at least 1% higher recovery or it is too much? | — | Can you share some volume guidance for ethanol for this season? | Do we stand with that guidance or is there any change given the fact that late start of crushing? | First and foremost, I would like to get some guidance on ethanol volume numbers and which route would be used for the fourth quarter and FY25 if you c… | No, earlier also we gave guidance of around 22 crore to 23 crore liter. |
| Margin | — | So, Shailesh, margin will vary on a quarter-to-quarter basis, depending upon what feedstock we are using for distillation. | So, our endeavor mostly still is lies on B- heavy more, and because of the higher margin till now, sir? | — | What kind of normative EBITDA per liter margins can we achieve with the entire sugarcane sort of feedstock? | My next question on the strategy side, where do we see the mix of ethanol from all the sources and given that what sort of margin we’ll be looking at … | — | So, this 35% EBITDA margin is considering these subsidies, all these subsidies or this is without subsidies? |
| People | My question is, in our PPT, we have mentioned that the utilization rate of production capacity in bioplastic worldwide is 58%. | And in the first year what kind of an utilization we are expecting? | — | We build our capacity on 320 days capacity utilization. | So is it good to say that the industry will not go beyond 70%, 75% of the utilization level and some players might be lower than this and some might b… | — | — | And how is the utilization for even grain to ethanol for us? |
| Pricing | Lastly, what we are dealing with right now is the ethanol pricing. | Especially, what key factors has helped that, because there has been a sharp rise in transfer pricing, right? | — | The pricing should be a little higher to our mind. | On the other part of your question regarding the profitability, we have always said that it needs to be evaluated at a corporate level because transfe… | As we proceed, prices keep getting lucrative, that also is a tailwind towards sugar and sugar price with this bone, I would call this inventory bone t… | — | And basically, for the outlook on ethanol blending, sir has also given some idea, but what would be our production estimate given I think B-Heavy, and… |
| Revenue growth | — | — | So, that would imply a implied growth of around 65% to 70% in the second half of the year, which I think we are already, I think that is basically bal… | — | — | — | — | — |