Page 2 - BCML AR 2019-20

Contents Key performance highlights, 2019-20

This is where we have come from 04 (C crore) (C crore)
What Balrampur Chini Mills has 4741.29 681.97
achieved till now 06
Our inflection points in four decades 08 Revenue from operations EBIDTA
Our journey from good to great 10
Understanding the company (C crore) (lac tonnes)
in a few minutes 30 502.27 102.03
Our need for change 32
Total Comprehensive Income Cane crushed
The statement by the Managing Director 34
Our robust business model 40

Impact of the COVID 19 pandemic (lac tonnes) (crore litres)
on the operations 42 11.67 11.57
Financial performance, 2019-20 44
Sugar produced Ethanol produced
Management discussion and analysis 48

Segment analysis 53
Business enabler review 57 (crore units)
Sustainability at BCML 62 90.24 6022

SWOT analysis of the Indian sugar industry 70 Power generated Number of employees
How we manage risks at our company 72

Report of the Board of Directors 76 (C crore)

Corporate Governance Report 115 2289.10
Business Responsibility Report 135 Market capitalization

Secretarial Audit Report 144
Standalone Financial Statements 148

Consolidated Financial Statements 230

Forward-looking statements
In this Annual Report, we have disclosed words such as ‘anticipates’, ‘estimates’, ‘expects’, inaccurate assumptions. Should known or
forward-looking information to enable ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words unknown risks or uncertainties materialise,
investors to comprehend our prospects and of similar substance in connection with any or should underlying assumptions prove
take informed investment decisions. This discussion of future performance. inaccurate, actual results could vary materially
report and other statements – written and oral We cannot guarantee that these forward- from those anticipated, estimated or projected.
- that we periodically make contain forward- looking statements will be realised, although We undertake no obligation to publicly update
looking statements that set out anticipated we believe we have been prudent in making any forward-looking statements, whether as
results based on the management’s plans assumptions. The achievement of results a result of new information, future events or
and assumptions. We have tried wherever is subject to risks, uncertainties and even otherwise.
possible to identify such statements by using