Balrampur Chini Q4FY26 Results: Sugar Stable, Distillery Subdued

Balrampur Chini reported Q4FY26 standalone revenue of Rs. 1604 crore, up 6.67% YoY, driven by higher sugar volumes and realizations.
Sugar segment margins were pressured by an 8% YoY hike in Uttar Pradesh sugarcane price to Rs. 400/quintal, partly offset by higher sales.
Distillery segment performance was subdued due to unchanged ethanol procurement prices for three consecutive years from juice and B-heavy routes.
The 80,000 TPA PLA plant project is on track with a revised capex of Rs. 3080 crore, expected commissioning in Q3FY27, funded partly by a Rs. 450 crore preferential issue.