Balrampur Chini Mills Ltd. delivered exceptional financial results for the second quarter of fiscal 2027, with consolidated net profit surging 88.9% to ₹102 crore compared to ₹54 crore in the corresponding period last year. According to the latest financial results, the sugar manufacturer also reported revenue growth of 12.3% to ₹1,876 crore, up from ₹1,671 crore in the year-ago period. The company's EBITDA jumped significantly by 42.5% to ₹171 crore compared with ₹120 crore in the previous year, with EBITDA margins expanding to 9% from 7% year-on-year, demonstrating improved operational efficiency and operational performance.
The company announced a dividend of ₹4 per share for shareholders, as reported in the latest financial results. The record date for determining shareholder eligibility is November 11, 2026, with the dividend amount to be disbursed to eligible shareholders from November 26, 2026. This dividend declaration reflects the company's strong financial position and commitment to returning value to its shareholders following the robust quarterly performance. The dividend is structured as an interim dividend of 400%, translating to ₹4 per equity share of face value ₹1 for FY27.
For the first half of fiscal 2027, consolidated net profit reached ₹14,643.85 lakh, demonstrating sustained profitability across the six-month period. The strong half-year performance builds on the robust Q2 results, indicating consistent operational performance and strategic execution by the company's management team. This comprehensive performance across both quarterly and half-year periods reinforces the company's position in the sugar manufacturing sector and its ability to deliver consistent shareholder value.
Following the earnings announcement, shares of Balrampur Chini Mills were trading at ₹674.50 on the BSE, up ₹20.05 or 3.06%. The strong market response reflects investor confidence in the company's robust quarterly performance and growth prospects. The results come against the backdrop of expectations of tighter sugar supplies in India, which could support domestic prices. Last month, Prashant Biyani, Vice President of Institutional Equity at Elara Securities, described Balrampur Chini Mills as a structural three-to-five-year growth opportunity and recommended buying the stock. Biyani had indicated a potential upside of around 30% over the next 18 months to two years, citing rising sugar prices and the company's upcoming polylactic acid (PLA) project, which was expected to launch in December.
