BALRAMCHIN · Fast Moving Consumer Goods
Balrampur Chini Mills Ltd. reported revenue of ₹1,504 cr for January to March 2025, +4.9% on the year and +26.2% on the quarter. Over the last four quarters revenue comes to ₹5,416 cr, −3.2% on the four before.
Operating profit (EBITDA) was ₹365 cr, a margin of 24.3%, +21 bps on the year and +1,387 bps on the quarter. It is the widest margin of the last 8 quarters (range 3.8% to 24.3%). Operating costs grew +4.6%, broadly with revenue, so operating profit kept pace with sales.
Net profit was ₹229 cr, +12.8% on the year and +227.1% on the quarter, with earnings per share of ₹11.35. Profit before other income, one-offs and tax grew 5.4%, so 7 points of the headline growth came from outside the core business. The tax rate of 26% is in line with its recent average. Profit over the last four quarters totals ₹436 cr, −18.4% on the four before.
On earnings per share of ₹21.65 over the last four quarters, the stock at ₹716.60 trades at 33.1 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,539 cr | ₹1,230 cr | ₹1,434 cr | ₹1,422 cr | ₹1,298 cr | ₹1,192 cr | ₹1,504 cr | ₹1,542 cr | ₹1,671 cr | ₹1,454 cr | ₹1,604 cr | ₹1,637 cr |
| YoY | — | — | — | +2% | −16% | −3% | +5% | +8% | +29% | +22% | +7% | +6% |
| EBITDA margin | 10.7% | 9.2% | 24.1% | 11.7% | 3.8% | 10.4% | 24.3% | 8.7% | 7.2% | 13.9% | 17.8% | 7.0% |
| Other income, % of PBT | 52% | 49% | 4% | 15% | 124% | 18% | 6% | 22% | 23% | 10% | 9% | 36% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 26% | 30% | 31% | −14% | 21% | 26% | 29% | 33% | 34% | 32% | 25% |
| Net profit | ₹166 cr | ₹91.0 cr | ₹203 cr | ₹70.0 cr | ₹67.0 cr | ₹70.0 cr | ₹229 cr | ₹52.0 cr | ₹54.0 cr | ₹113 cr | ₹160 cr | ₹44.0 cr |
| YoY | — | — | — | −5% | −60% | −23% | +13% | −26% | −19% | +61% | −30% | −15% |
| Core profit YoY | — | — | — | −2% | −113% | +16% | +5% | −34% | — | +111% | −27% | −33% |
| EPS | ₹8.24 | ₹4.53 | ₹10.08 | ₹3.48 | ₹3.33 | ₹3.49 | ₹11.35 | ₹2.55 | ₹2.67 | ₹5.62 | ₹7.90 | ₹2.09 |
| Flags | 1 | 1 | · | ✓ | 3 | ✓ | ✓ | ✓ | ✓ | ✓ | 1 | 1 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Balrampur Chini Mills Ltd. reported revenue of ₹1,504 cr (+4.9% on the year) and net profit of ₹229 cr (+12.8% on the year) for January to March 2025.
Profit before other income, exceptional items and tax moved +5.4% on the year, against +12.8% for reported profit.
None of the 7 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.