Balrampur Chini Mills updates on PLA project, financial performance, and ESG

Balrampur Chini Mills Limited (BCML) provided an investor update, highlighting significant strides in its Poly Lactic Acid (PLA) bio-polymer project. The company has acquired the necessary land, executed contracts with foreign technology partners Sulzer and Alpine, and appointed Jacobs Solutions for EPCM. As of October 31, 2025, BCML has spent ~Rs. 1093 crores on the project, with environmental clearance and consent to establish already secured. The R&D lab is built, and construction activities have commenced for India's first industrial bio-polymer plant, aiming for 250 TPD capacity.

In financial performance, BCML reported a revenue of Rs. 5,415 crore for FY25, with an average EBITDA of Rs. 683 crore and Total Comprehensive Income (TCI) of Rs. 407 crore over the last five years. The company maintained a 300% dividend for FY24-25, alongside share buybacks totaling Rs. 1009.49 crore over nine years. BCML also emphasized its strong financial position with an AA+ (Stable) long-term credit rating from CRISIL.

The company's ESG initiatives include reducing total GHG emissions to 0.76 million tCO₂e for FY 2024-25, achieving a direct emission reduction of 2.5 million tCO₂e through biomass use. BCML is recognized for its sustainability efforts, having received an 'A' rating in the MSCI ESG Ratings and various awards for environmental protection and CSR, including the Great Indian ESG Organisation of the Year (Manufacturing of Sugar and Ethanol) in 2025.