Page 57 - BCML AR 2019-20

Segment analysis

Distillery

Overview

BCML entered the distillery business in 1996. into ethanol, empowering it to service
OMC contracts. These large contracts are
The Company has commissioned four
549.09 distilleries (Balrampur, Babhnan, Mankapur backed by improved realisations, helping
and Gularia) with a cumulative production the Company generate superior revenue
capacity of 520 KLPD ; it is primarily engaged visibility, bottomline and performance.
in the production of industrial alcohol and The 160 KLPD distillery at Gularia
ethanol. The Company’s distillery capacity commenced operations in January 2020,
is dedicated to the manufacture of ethanol. selecting to manufacture ethanol through
C crore, Distillary revenues, The Company converts a majority of the B-Heavy route.
2019-20, C467.70 crore in rectified spirit produced in the distilleries
2018-19

Strengths

Balanced: The Company manufactures Caring: The Company proactively invested
ethanol from C-Heavy and B-Heavy routes, in environment management initiatives to
9.94% enhancing its flexibility to address respective minimise the impact of distillery operations
on the environment. It installed incinerator
government tenders.
boilers in its distillery to make operations
Scale: The Company possesses a capacity ZLD and increase distillery operating days.
of 520 KLPD, resulting in economies of scale
and the ability to consume all captively Ethanol: The Company focused on
produced molasses. manufacturing ethanol with assured offtake
Proportion of overall by oil manufacturing companies
2019-20 revenues from
distillary operations Operational highlights, 2019-20
(9.52% in 2018-19)
y yGenerated C549.09 crore in revenues y yAverage blended realisations stood at
(C467.70 crore in the previous year) C44.69 per ltr in 2019-20 against C41.29 per
y yMarketed 10.92 crore bulk litres of ltr in 2018-19.
ethanol (10.79 crore bulk litres in the y yDistillery operated for higher number
previous year) of days in 2019-20 owing to a higher
availability of molasses
Road ahead

The Company expects to improve expected to help the Company bid for larger
operational efficiencies and scale output quantities and achieve nearly 95% capacity
from its Gularia facility during the financial utilisation.
year 2020-21. The newly installed capacity is
(in crore bulk litres)
Alcohol March 2016 March 2017 March 2018 March 2019 March 2020
Alcohol production (including 7.06 7.22 8.10 10.66 12.76
Ethanol, ENA etc.
Alcohol sales 6.47 6.92 8.07 11.10 11.93

Annual Report 2019-20 | 55