Page 32 - BCML AR 2019-20
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Understanding the Company in a few minutes
Balrampur Chini Mills Limited.
Among the largest sugar
producers in India’s private
sector.
More than standalone; an
integrated multi-product
Company.
Built around responsibility,
profitability and sustainability.
Who we are Where we are Where we are listed
y yOne of the largest integrated sugar y yHeadquartered in Kolkata, India The Company is listed on the Bombay
manufacturers in India y yA complement of sugar factories, Stock Exchange (scrip code: 500038)
L
y yed by Mr. Vivek Saraogi, the Company distilleries and co-generation units and the National Stock Exchange
is managed by professionals with a deep across the cane-rich belts of Eastern and (scrip code: BALRAMCHIN) where its
sectorial understanding Central Uttar Pradesh shares are traded actively. The market
capitalisation of the Company stood at
y yGenerates revenues from the
manufacture of sugar, ethanol, co- C2289.10 crore as on 31st March 2020
with a promoter shareholding of 41.10%
generation and agricultural fertlisers.
How we have been pioneering How we are rated
y yhe Company was among the first to the distillery for 330 days (against the Reputed rating agencies, namely CRISIL
T
moderate dependence on sugar and regulated 270 days) and ICRA assigned AA/Stable and A1+
venture into distillery and cogeneration. y y Strengthened the Balance Sheet by rating to Long Term and Short Term
y yhe Company was among the first in repaying and pre-paying long term debts limits of the Company, reflecting the
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its industry to install an incinerator boiler y yGenerated a high pay-out to strength of the Company’s Balance
in the distillery to eliminate effluents shareholders by way of dividends and Sheet
discharge that made it possible to run share buy-backs.
30 | Balrampur Chini Mills Limited