BALRAMCHIN

Balrampur Chini Mills Ltd. surged nearly 19 %

Balrampur Chini Mills Ltd. surged nearly 19 % on August 20 to a record ₹ 735 per share — its biggest single‑day gain in 18 years — as sugar prices hit historic highs and government stockholding limits tightened. Analysts expect EBITDA to rise ₹ 300–500 crore in FY27 from higher realizations. 📈 Market Highlights (20 Aug 2026) Metric Value Change Source Share Price (BSE) ₹ 735 +12.9 % Business Today Share Price (NSE) ₹ 767.10 +17.9 % Mint Q1 Results 52‑Week Range ₹ 393.40 – ₹ 781.00 — Mint Q1 Results Q1 FY26 Revenue ₹ 1,636.79 Cr +6.1 % YoY Mint Q1 Results Q1 PAT ₹ 44.15 Cr –14.4 % YoY Mint Q1 Results 📰 Key News Drivers Record Sugar Prices: Ex‑mill sugar averaged ₹ 5,400–₹ 5,500 per quintal, up from ₹ 3,900 a year ago. Retail prices rose 13 % YoY to ₹ 52.30 per kg. Government Stockholding Limits: Bulk consumers using > 10 MT/month may hold only 15 days’ stock from 1 Sep to 30 Nov 2026, aimed at curbing hoarding and stabilizing prices. Investor Sentiment: Despite restrictions, markets expect tight supply and festive‑season demand to boost margins. Brokerage Elara Securities projects ₹ 300–₹ 500 Cr EBITDA uplift in FY27. Sector Rally: Sugar stocks like Avadh Sugar, Zuari Industries, Dwarikesh Sugar, and Bajaj Hindustan rose up to 18 %. Balrampur Chini led the pack with the largest gain since 2008. 🧾 Company Developments Diversification into Bioplastics: Balrampur Chini is building India’s first industrial PLA bioplastic plant (80,000 TPA capacity) under the U.P. Bioplastic Policy 2024, funded by ₹ 508 Cr debt with 5 % interest subvention. FY26 Performance: Revenue ₹ 6,271 Cr, EBITDA ₹ 741 Cr, EPS ₹ 18.74, and interim dividend ₹ 3.50 per share. Strategic Shift: The bioplastics venture reduces dependence on cyclical sugar earnings and adds a new growth stream.