Balrampur chini mills Limited has successfully concluded Sugar Season 2025-26 operations across all its ten manufacturing units, reporting enhanced crushing volumes and production metrics. The company disclosed comprehensive operational data under SEBI LODR regulations, highlighting significant improvements in sugarcane processing capacity and diversified product portfolio management.

Enhanced Sugarcane Processing Operations

The company achieved substantial growth in sugarcane crushing operations during Sugar Season 2025-26. Total sugarcane processed reached 104.30 lac MT, representing an increase from 99.16 lac MT recorded in Sugar Season 2024-25. This expansion demonstrates the company's enhanced operational capacity and improved supply chain management across its manufacturing facilities.

Diversified Processing Strategy

Balrampur Chini Mills implemented a strategic approach to sugarcane utilization, directing different portions toward various production routes. The company allocated 10.3% of sugarcane toward syrup ethanol production, compared to 10.7% in the previous season. B-heavy route molasses processing increased to 56.1% from 51.4%, while C-heavy route molasses decreased to 33.6% from 37.9%.

The diversification strategy resulted in varying recovery rates across different processing methods:

Sugar Production and Ethanol Impact

Net sugar production for Sugar Season 2025-26 reached 9.68 lac MT, representing an increase from 9.24 lac MT in the previous season. The overall sugar recovery rate of 9.28% reflects the impact of diversified processing strategies, particularly the emphasis on ethanol production routes.

Sugar sacrificed for ethanol production totaled 2.04 lac MT, compared to 1.94 lac MT in Sugar Season 2024-25. The impact on sugar recovery due to cane diversion toward ethanol production was 1.96%, consistent with the previous season's rate of 1.96%. This strategic allocation demonstrates the company's commitment to maximizing value from sugarcane processing while supporting government ethanol blending initiatives.

Operational Efficiency Metrics

The company's operational data reveals improved efficiency in sugarcane utilization and processing optimization. The increase in total crushing volume, combined with enhanced sugar production, indicates successful capacity utilization across all ten manufacturing units. The consistent recovery rates across different processing routes demonstrate operational stability and technical expertise in managing diverse production streams.

Balrampur Chini Mills' completion of Sugar Season 2025-26 with increased crushing volumes and diversified product output positions the company favorably for continued growth in both sugar and ethanol markets, reflecting strategic operational management and enhanced manufacturing capabilities.

Balrampur Chini Mills has approved the establishment of a Lactogypsum Processing Plant at Kumbhi, Uttar Pradesh, with an estimated investment of up to ₹160 crores. The facility will manufacture gypsum boards using lactogypsum, a by-product of the company's upcoming Polylactic Acid (PLA) project, with commercial production expected to commence by December 2027.

Plant Specifications and Production Timeline

The proposed facility is designed to have a production capacity of approximately 76 lakh gypsum boards per annum. The plant will utilize lactogypsum generated from the company's PLA operations as raw material, creating an integrated manufacturing ecosystem.

Strategic Capital Initiatives

The company has also approved a preferential issue of equity shares worth ₹450 crores to support its expanding capital expenditure plans and strategic initiatives. The board has authorized the issuance of Non-Convertible Debentures (NCDs) up to ₹200 crores in one or more tranches, enhancing financial flexibility for future growth opportunities.

Revised PLA Project Investment

The company has revised the capital expenditure for its Polylactic Acid (PLA) project to approximately ₹3,080 crores, reflecting updated project requirements and cost escalations from the original ₹2,850 crores. The PLA project is designed with a capacity of 80,000 tonnes per annum.

Management Commentary and Investor Communication

Ms. Avantika Saraogi, Executive Director at BCML, stated that the proposed fund raise aims to support the company's next phase of expansion and enable investments in strategic initiatives such as the upcoming gypsum processing plant at Kumbhi. Mr. Vivek Saraogi, Chairman & Managing Director, emphasized that the company continues to take a calibrated approach towards growth, with a clear focus on strengthening its integrated business model.

The company conducted a conference call on April 28, 2026, focusing on "PLA Project Update and Capital Raising Initiatives." The audio recording of this investor communication has been made available on the company's website as per regulatory disclosure requirements under SEBI regulations.