Balrampur Chini Mills Ltd share Price Today

Balrampur Chini Mills Ltd. is a sugar manufacturing company, having a market capitalization of worth Rs. 5,389.65 Cr as of 16 April 2021. The company was incorporated in 1975. The company has reported its consolidated quarterly revenue of Rs 47412.94 Cr at the end of March 2020. The company is found listed in the Bombay Stock Exchange (BSE) with the code 500038 and also listed on National Stock Exchange (NSE) with the symbol BALRAMCHIN. The company claims to be the second-largest integrated company to manufacture sugar in India. Having ten factories in Uttar Pradesh, the company boasts about its capacity to crush 76'500 tons of canes. The company's distilleries possess a capacity of 520 kilolitres per day. It has a saleable cogeneration capacity to produce 165.20 megawatts. Balrampur Chini Mills Ltd. is counted as one of the most streamlined and the largest integrated sugar manufacturing companies in India. On 3 February 2021, the company announced that its Long-term Debt-Equity ratio stood at 0.17 as of 31 December 2020. The company's key Products/Revenue Segments include Sugar, Industrial Alcohol, Molasses, Ethanol, Power and Bagasse. In the year 2020, the company decided to set up a new distillery unit to increase the capacity of its distilleries by adding 320 KLPD, due to which the total capacity will be 840 KLPD. In this direction, the company decided to set up its 5th distillery at its Maizapur Unit. With the expansion of ethanol production, the industry stands out in the sector, which promises a strong growth in revenue & unswerving profitability, which would mean more payout yield. The company announced that its Long-term Debt-Equity ratio stood at 0.17 as of 31 December 2020. The company has secured a high credit quality LA rating from the rating agency ICRA to its Rs 8.41 billion long-term debt program and Rs 6.2 billion fund based bank limits, and an A1 rating to the Rs 685 million non-fund based limits of the company. It's also worth remembering that on 10 April 2021, the group confirmed that The Credit Rating Agency, ICRA Limited, has reaffirmed the long-term [ICRA] AA and short-term [ICRA]A1 Credit Ratings. Nonetheless, the long-term rating's outlook has been upgraded from stable to positive.

Balrampur Chini Mills share price as on 27 Apr 2024 is Rs. 390.8. Over the past 6 months, the Balrampur Chini Mills share price has decreased by 3.92% and in the last one year, it has decreased by 7.24%. The 52-week low for Balrampur Chini Mills share price was Rs. 343.5 and 52-week high was Rs. 485.9.