Balrampur Chini Mills Ltd
Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power.
BCML is one of the most efficient integrated sugar producers in the country. The Company has grown its capacity by well-planned capacity expansion projects and the acquisition of existing companies over recent years. [1]
- Market Cap ₹ 11,124 Cr.
- Current Price ₹ 552
- High / Low ₹ 693 / 352
- Stock P/E 34.6
- Book Value ₹ 166
- Dividend Yield 0.54 %
- ROCE 13.1 %
- ROE 13.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.32 times its book value
- The company has delivered a poor sales growth of 5.47% over past five years.
- Company has a low return on equity of 13.5% over last 3 years.
- Dividend payout has been low at 14.1% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Part of BSE Allcap Nifty Total Market BSE Fast Moving Consumer Goods Nifty 500 BSE 250 SmallCap Index
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,275 | 2,665 | 2,987 | 2,757 | 3,460 | 4,343 | 4,286 | 4,741 | 4,812 | 4,846 | 4,666 | 5,594 | 5,346 | |
2,853 | 2,445 | 2,859 | 2,342 | 2,557 | 3,888 | 3,595 | 4,059 | 4,098 | 4,139 | 4,144 | 4,808 | 4,662 | |
Operating Profit | 422 | 220 | 128 | 414 | 903 | 454 | 691 | 682 | 714 | 707 | 522 | 786 | 684 |
OPM % | 13% | 8% | 4% | 15% | 26% | 10% | 16% | 14% | 15% | 15% | 11% | 14% | 13% |
41 | 20 | 13 | -130 | -9 | 25 | 41 | 39 | 33 | 93 | 54 | 74 | 27 | |
Interest | 144 | 118 | 102 | 67 | 55 | 52 | 41 | 64 | 39 | 31 | 49 | 84 | 88 |
Depreciation | 108 | 109 | 116 | 110 | 105 | 95 | 96 | 101 | 112 | 114 | 130 | 166 | 172 |
Profit before tax | 211 | 13 | -76 | 108 | 734 | 332 | 595 | 555 | 596 | 656 | 397 | 610 | 451 |
Tax % | 23% | 71% | -24% | 7% | 19% | 33% | 4% | 8% | 21% | 22% | 31% | 29% | |
162 | 4 | -58 | 100 | 592 | 221 | 571 | 509 | 470 | 515 | 276 | 433 | 321 | |
EPS in Rs | 6.63 | 0.15 | -2.36 | 4.09 | 25.20 | 9.68 | 24.98 | 23.15 | 22.37 | 25.22 | 13.66 | 21.47 | 15.92 |
Dividend Payout % | 30% | 0% | 0% | 0% | 14% | 26% | 10% | 11% | 11% | 10% | 18% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 5% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | -6% |
3 Years: | -4% |
TTM: | -34% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 37% |
3 Years: | 3% |
1 Year: | 44% |
Return on Equity | |
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10 Years: | 18% |
5 Years: | 16% |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 22 | 21 | 20 | 20 | 20 | 20 |
Reserves | 1,299 | 1,194 | 1,105 | 1,207 | 1,518 | 1,564 | 2,060 | 2,348 | 2,543 | 2,738 | 2,855 | 3,259 | 3,332 |
1,760 | 1,524 | 1,675 | 1,661 | 1,782 | 990 | 1,734 | 1,482 | 1,240 | 1,211 | 1,880 | 2,009 | 604 | |
1,143 | 1,415 | 1,099 | 804 | 672 | 1,084 | 841 | 896 | 758 | 508 | 647 | 641 | 399 | |
Total Liabilities | 4,226 | 4,157 | 3,903 | 3,697 | 3,995 | 3,661 | 4,657 | 4,749 | 4,562 | 4,477 | 5,402 | 5,930 | 4,355 |
1,521 | 1,522 | 1,375 | 1,339 | 1,412 | 1,446 | 1,422 | 1,624 | 1,599 | 1,634 | 2,599 | 2,639 | 2,619 | |
CWIP | 5 | 0 | 8 | 86 | 6 | 11 | 46 | 12 | 14 | 204 | 24 | 46 | 93 |
Investments | 43 | 41 | 41 | 48 | 45 | 83 | 120 | 185 | 177 | 158 | 236 | 181 | 181 |
2,657 | 2,594 | 2,479 | 2,224 | 2,532 | 2,121 | 3,070 | 2,927 | 2,772 | 2,482 | 2,543 | 3,064 | 1,462 | |
Total Assets | 4,226 | 4,157 | 3,903 | 3,697 | 3,995 | 3,661 | 4,657 | 4,749 | 4,562 | 4,477 | 5,402 | 5,930 | 4,355 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
555 | 462 | -76 | 147 | 346 | 1,180 | -523 | 850 | 649 | 695 | 453 | 178 | |
-8 | -63 | -23 | -147 | -117 | -159 | -159 | -305 | -81 | -309 | -859 | -225 | |
-371 | -447 | 38 | -72 | -233 | -1,020 | 682 | -546 | -569 | -385 | 406 | 47 | |
Net Cash Flow | 177 | -48 | -62 | -72 | -4 | 0 | -0 | -1 | -1 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 20 | 9 | 19 | 26 | 17 | 15 | 38 | 18 | 19 | 10 | 10 | 8 |
Inventory Days | 273 | 365 | 243 | 344 | 391 | 189 | 277 | 239 | 251 | 232 | 248 | 268 |
Days Payable | 103 | 177 | 107 | 77 | 49 | 82 | 72 | 70 | 63 | 29 | 34 | 26 |
Cash Conversion Cycle | 190 | 197 | 155 | 294 | 359 | 123 | 243 | 188 | 207 | 213 | 224 | 250 |
Working Capital Days | 118 | 122 | 148 | 182 | 202 | 88 | 186 | 152 | 156 | 147 | 156 | 169 |
ROCE % | 11% | 5% | 1% | 12% | 26% | 13% | 20% | 16% | 16% | 16% | 10% | 13% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submission of certificate under Regulation 74(5) for Q1 2025.
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Intimation For Re-Appointment Of Registrar And Share Transfer Agent Of The Company
31 Mar - Re-appointment of Registrar and Share Transfer Agent.
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Announcement under Regulation 30 (LODR)-Credit Rating
28 Mar - Crisil reaffirms ratings and enhances bank loan facilities.
- Closure of Trading Window 26 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
24 Mar - Company''s representative(s) would be attending an investor meet organized by DAM Capital.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Dec 2018TranscriptPPT
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Oct 2018TranscriptNotesPPT
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Aug 2018Transcript PPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
Business Segments
The company is one of the largest integrated sugar companies in India, with operations spanning across: [1]