Balrampur Chini Mills Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 21, 2025, 2:14 pm

Market Cap	11,406 Cr.
Current Price	565
High / Low	693/352
Stock P/E	27.8
Book Value	176
Dividend Yield	0.54 %
ROCE	13.5 %
ROE	13.8 %
Face Value	1.00
PEG Ratio	-12.29

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Balrampur Chini Mills Ltd

Competitors of Balrampur Chini Mills Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gayatri Sugars Ltd	69.4 Cr.	9.33	26.5/8.06		19.1	0.00 %	93.2 %	%	10.0
Dhampure Speciality Sugars Ltd	86.6 Cr.	104	142/78.0	52.2	35.6	0.00 %	3.15 %	3.78 %	10.0
Dhampur Bio Organics Ltd	471 Cr.	70.9	164/57.3	42.6	146	3.53 %	5.02 %	3.67 %	10.0
DCM Shriram Industries Ltd	1,545 Cr.	178	242/142	13.3	100	1.11 %	16.1 %	14.9 %	2.00
Davangere Sugar Company Ltd	384 Cr.	4.08	10.9/3.45	28.3	3.64	0.00 %	6.86 %	3.75 %	1.00
Industry Average	1,987.85 Cr	292.69		22.64	224.49	0.77%	13.00%	13.21%	6.37

All Competitor Stocks of Balrampur Chini Mills Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	1,212	1,280	1,080	1,113	981	1,492	1,390	1,539	1,230	1,434	1,422	1,298	1,192
Expenses	1,112	950	1,036	1,129	901	1,088	1,226	1,375	1,117	1,090	1,255	1,249	1,068
Operating Profit	100	330	44	-16	80	404	163	165	113	345	166	49	124
OPM %	8%	26%	4%	-1%	8%	27%	12%	11%	9%	24%	12%	4%	10%
Other Income	17	11	16	15	23	22	18	116	60	12	15	73	16
Interest	4	8	14	8	6	21	34	17	8	25	36	20	7
Depreciation	28	28	28	28	33	40	41	41	42	43	43	43	44
Profit before tax	86	304	18	-37	64	364	107	223	123	289	102	59	89
Tax %	25%	21%	31%	-22%	27%	30%	31%	25%	26%	30%	31%	-14%	21%
Net Profit	64	240	12	-29	46	254	74	166	91	203	70	67	70
EPS in Rs	3.14	11.79	0.61	-1.42	2.27	12.61	3.64	8.24	4.53	10.08	3.48	3.33	3.49

Last Updated: February 28, 2025, 8:28 pm

Below is a detailed analysis of the quarterly data for Balrampur Chini Mills Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 1,192.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,298.00 Cr. (Sep 2024) to 1,192.00 Cr., marking a decrease of 106.00 Cr..
For Expenses, as of Dec 2024, the value is 1,068.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,249.00 Cr. (Sep 2024) to 1,068.00 Cr., marking a decrease of 181.00 Cr..
For Operating Profit, as of Dec 2024, the value is 124.00 Cr.. The value appears strong and on an upward trend. It has increased from 49.00 Cr. (Sep 2024) to 124.00 Cr., marking an increase of 75.00 Cr..
For OPM %, as of Dec 2024, the value is 10.00%. The value appears strong and on an upward trend. It has increased from 4.00% (Sep 2024) to 10.00%, marking an increase of 6.00%.
For Other Income, as of Dec 2024, the value is 16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 73.00 Cr. (Sep 2024) to 16.00 Cr., marking a decrease of 57.00 Cr..
For Interest, as of Dec 2024, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 20.00 Cr. (Sep 2024) to 7.00 Cr., marking a decrease of 13.00 Cr..
For Depreciation, as of Dec 2024, the value is 44.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 43.00 Cr. (Sep 2024) to 44.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 89.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Sep 2024) to 89.00 Cr., marking an increase of 30.00 Cr..
For Tax %, as of Dec 2024, the value is 21.00%. The value appears to be increasing, which may not be favorable. It has increased from -14.00% (Sep 2024) to 21.00%, marking an increase of 35.00%.
For Net Profit, as of Dec 2024, the value is 70.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Sep 2024) to 70.00 Cr., marking an increase of 3.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.49. The value appears strong and on an upward trend. It has increased from 3.33 (Sep 2024) to 3.49, marking an increase of 0.16.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:07 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,275	2,665	2,987	2,757	3,460	4,343	4,286	4,741	4,812	4,846	4,666	5,594	5,346
Expenses	2,853	2,441	2,859	2,342	2,557	3,888	3,595	4,059	4,098	4,139	4,144	4,808	4,662
Operating Profit	421	224	128	414	903	454	691	682	714	707	522	786	684
OPM %	13%	8%	4%	15%	26%	10%	16%	14%	15%	15%	11%	14%	13%
Other Income	41	21	13	-130	-8	38	47	52	47	36	65	206	116
Interest	144	118	102	67	55	52	41	64	39	31	49	84	88
Depreciation	108	110	116	110	105	95	96	101	112	114	130	166	172
Profit before tax	210	17	-76	108	735	345	602	568	609	599	408	742	540
Tax %	23%	52%	-24%	7%	19%	33%	4%	9%	21%	22%	30%	28%
Net Profit	161	8	-58	100	593	232	576	519	480	465	284	534	411
EPS in Rs	6.60	0.35	-2.37	4.09	25.23	10.14	25.21	23.61	22.85	22.77	14.09	26.49	20.38
Dividend Payout %	30%	0%	0%	0%	14%	25%	10%	11%	11%	11%	18%	11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-95.03%	-825.00%	272.41%	493.00%	-60.88%	148.28%	-9.90%	-7.51%	-3.12%	-38.92%	88.03%
Change in YoY Net Profit Growth (%)	0.00%	-729.97%	1097.41%	220.59%	-553.88%	209.15%	-158.17%	2.38%	4.39%	-35.80%	126.95%

Balrampur Chini Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	5%
3 Years:	5%
TTM:	-5%

Compounded Profit Growth
10 Years:	56%
5 Years:	-5%
3 Years:	-3%
TTM:	-30%

Stock Price CAGR
10 Years:	29%
5 Years:	42%
3 Years:	6%
1 Year:	58%

Return on Equity
10 Years:	18%
5 Years:	16%
3 Years:	14%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:37 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	24	24	24	24	24	23	23	22	21	20	20	20	20
Reserves	1,292	1,192	1,103	1,205	1,537	1,594	2,095	2,394	2,598	2,749	2,875	3,381	3,529
Borrowings	1,763	1,527	1,678	1,667	1,782	990	1,734	1,482	1,240	1,211	1,880	2,009	604
Other Liabilities	1,144	1,416	1,099	805	685	1,093	851	910	774	512	653	678	432
Total Liabilities	4,223	4,159	3,904	3,701	4,027	3,700	4,703	4,808	4,634	4,492	5,429	6,088	4,586
Fixed Assets	1,523	1,524	1,377	1,340	1,412	1,446	1,422	1,624	1,599	1,634	2,599	2,639	2,619
CWIP	5	0	8	86	6	11	46	12	14	204	24	46	93
Investments	42	41	41	48	74	122	166	244	249	173	263	339	412
Other Assets	2,653	2,594	2,479	2,226	2,535	2,121	3,070	2,927	2,772	2,482	2,543	3,064	1,462
Total Assets	4,223	4,159	3,904	3,701	4,027	3,700	4,703	4,808	4,634	4,492	5,429	6,088	4,586

Below is a detailed analysis of the balance sheet data for Balrampur Chini Mills Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 20.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,529.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,381.00 Cr. (Mar 2024) to ₹3,529.00 Cr., marking an increase of 148.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹604.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 2,009.00 Cr. (Mar 2024) to ₹604.00 Cr., marking a decrease of 1,405.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹432.00 Cr.. The value appears to be improving (decreasing). It has decreased from 678.00 Cr. (Mar 2024) to ₹432.00 Cr., marking a decrease of 246.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹4,586.00 Cr.. The value appears to be improving (decreasing). It has decreased from 6,088.00 Cr. (Mar 2024) to ₹4,586.00 Cr., marking a decrease of 1,502.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2,619.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,639.00 Cr. (Mar 2024) to ₹2,619.00 Cr., marking a decrease of 20.00 Cr..
For CWIP, as of Sep 2024, the value is ₹93.00 Cr.. The value appears strong and on an upward trend. It has increased from 46.00 Cr. (Mar 2024) to ₹93.00 Cr., marking an increase of 47.00 Cr..
For Investments, as of Sep 2024, the value is ₹412.00 Cr.. The value appears strong and on an upward trend. It has increased from 339.00 Cr. (Mar 2024) to ₹412.00 Cr., marking an increase of 73.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,462.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,064.00 Cr. (Mar 2024) to ₹1,462.00 Cr., marking a decrease of 1,602.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹4,586.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,088.00 Cr. (Mar 2024) to ₹4,586.00 Cr., marking a decrease of 1,502.00 Cr..

Notably, the Reserves (3,529.00 Cr.) exceed the Borrowings (604.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	556	462	-76	147	346	1,180	-523	850	649	695	453	178
Cash from Investing Activity +	-9	-63	-23	-147	-117	-159	-159	-305	-81	-309	-859	-225
Cash from Financing Activity +	-371	-447	38	-70	-233	-1,020	682	-546	-569	-385	406	47
Net Cash Flow	176	-48	-62	-70	-4	0	-0	-1	-1	-0	-0	0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	420.00	223.00	127.00	413.00	902.00	-536.00	690.00	681.00	713.00	706.00	521.00	784.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	20	9	19	26	17	15	38	18	19	10	10	8
Inventory Days	273	365	243	344	391	189	277	239	251	232	248	268
Days Payable	103	177	107	77	49	82	72	70	63	29	34	26
Cash Conversion Cycle	190	197	155	294	359	123	243	188	207	213	224	250
Working Capital Days	117	122	148	182	202	88	186	152	156	147	156	169
ROCE %	11%	5%	1%	12%	26%	13%	20%	16%	17%	16%	10%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	41.40%	42.42%	42.42%	42.42%	42.42%	42.43%	42.89%	42.89%	42.89%	42.89%	42.89%	42.89%
FIIs	20.89%	19.10%	17.00%	16.22%	15.27%	13.86%	13.52%	13.67%	14.18%	10.49%	11.27%	12.19%
DIIs	15.19%	16.79%	19.25%	19.28%	18.20%	19.76%	20.91%	21.32%	22.13%	21.63%	20.76%	22.58%
Public	22.52%	21.69%	21.33%	22.08%	24.11%	23.94%	22.67%	22.11%	20.78%	24.98%	25.07%	22.34%
No. of Shareholders	1,29,174	1,37,340	1,73,901	1,92,746	2,12,332	1,97,917	1,87,241	1,82,725	1,83,340	2,24,016	2,39,972	2,13,934

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	9,291,212	1.09	405.84	9,291,212	2025-04-19 18:48:20	0%
Kotak Small Cap Fund - Regular Plan	4,227,074	1.48	184.64	4,227,074	2025-04-19 21:12:12	0%
Axis Small Cap Fund	2,078,266	0.56	90.78	2,078,266	2025-04-20 19:28:44	0%
HSBC Small Cap Fund - Regular Plan	1,949,900	0.73	85.17	1,949,900	2025-04-21 05:04:57	0%
Canara Robeco Small Cap Fund	1,839,296	1.03	80.34	1,839,296	2025-04-20 22:37:33	0%
Aditya Birla Sun Life Pure Value Fund	1,539,950	1.39	67.27	1,539,950	2025-04-20 22:37:33	0%
Axis Business Cycles Fund	1,207,241	2.08	52.73	1,207,241	2025-04-19 20:24:04	0%
HDFC Dividend Yield Fund	1,100,000	1.28	48.05	1,100,000	2025-04-19 22:41:50	0%
ICICI Prudential Equity - Arbitrage Fund	1,020,800	0.32	44.59	1,020,800	2025-04-19 17:43:11	0%
Quant Small Cap Fund	1,000,000	0.48	43.68	1,000,000	2025-04-20 19:28:46	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	26.49	13.94	22.44	22.48	23.44
Diluted EPS (Rs.)	26.49	13.94	22.44	22.48	23.44
Cash EPS (Rs.)	33.44	19.93	27.77	27.24	27.86
Book Value[Excl.RevalReserv]/Share (Rs.)	168.57	143.52	135.74	124.72	109.80
Book Value[Incl.RevalReserv]/Share (Rs.)	168.57	143.52	135.74	124.72	109.80
Revenue From Operations / Share (Rs.)	277.26	231.27	237.50	229.13	215.51
PBDIT / Share (Rs.)	47.89	28.49	35.91	35.27	32.99
PBIT / Share (Rs.)	39.64	22.07	30.33	29.95	28.38
PBT / Share (Rs.)	35.50	19.66	28.76	28.08	25.47
Net Profit / Share (Rs.)	25.20	13.51	22.19	21.91	23.25
NP After MI And SOA / Share (Rs.)	26.49	14.09	22.77	22.85	23.61
PBDIT Margin (%)	17.27	12.31	15.11	15.39	15.30
PBIT Margin (%)	14.29	9.54	12.77	13.06	13.16
PBT Margin (%)	12.80	8.50	12.10	12.25	11.81
Net Profit Margin (%)	9.08	5.84	9.34	9.56	10.78
NP After MI And SOA Margin (%)	9.55	6.09	9.58	9.97	10.95
Return on Networth / Equity (%)	15.71	9.81	16.77	18.31	21.49
Return on Capital Employeed (%)	20.16	12.85	20.61	21.37	22.18
Return On Assets (%)	8.78	5.23	10.34	10.35	10.80
Long Term Debt / Equity (X)	0.09	0.14	0.05	0.09	0.14
Total Debt / Equity (X)	0.59	0.64	0.43	0.43	0.57
Asset Turnover Ratio (%)	0.97	0.94	1.06	1.03	1.00
Current Ratio (X)	1.43	1.31	1.60	1.63	1.46
Quick Ratio (X)	0.07	0.13	0.11	0.22	0.31
Inventory Turnover Ratio (X)	1.77	1.51	1.42	1.50	1.50
Dividend Payout Ratio (NP) (%)	11.32	17.89	10.97	10.94	10.59
Dividend Payout Ratio (CP) (%)	8.63	12.29	8.81	8.87	8.85
Earning Retention Ratio (%)	88.68	82.11	89.03	89.06	89.41
Cash Earning Retention Ratio (%)	91.37	87.71	91.19	91.13	91.15
Interest Coverage Ratio (X)	11.55	11.82	23.74	18.85	11.31
Interest Coverage Ratio (Post Tax) (X)	7.08	6.60	15.70	12.71	8.97
Enterprise Value (Cr.)	9300.53	9855.99	11202.27	5636.34	3681.20
EV / Net Operating Revenue (X)	1.66	2.11	2.31	1.17	0.77
EV / EBITDA (X)	9.63	17.15	15.29	7.61	5.07
MarketCap / Net Operating Revenue (X)	1.30	1.71	2.06	0.93	0.48
Retention Ratios (%)	88.67	82.10	89.02	89.05	89.40
Price / BV (X)	2.15	2.76	3.61	1.72	0.94
Price / Net Operating Revenue (X)	1.30	1.71	2.06	0.93	0.48
EarningsYield	0.07	0.03	0.04	0.10	0.22

After reviewing the key financial ratios for Balrampur Chini Mills Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 26.49. This value is within the healthy range. It has increased from 13.94 (Mar 23) to 26.49, marking an increase of 12.55.
For Diluted EPS (Rs.), as of Mar 24, the value is 26.49. This value is within the healthy range. It has increased from 13.94 (Mar 23) to 26.49, marking an increase of 12.55.
For Cash EPS (Rs.), as of Mar 24, the value is 33.44. This value is within the healthy range. It has increased from 19.93 (Mar 23) to 33.44, marking an increase of 13.51.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.57. It has increased from 143.52 (Mar 23) to 168.57, marking an increase of 25.05.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.57. It has increased from 143.52 (Mar 23) to 168.57, marking an increase of 25.05.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 277.26. It has increased from 231.27 (Mar 23) to 277.26, marking an increase of 45.99.
For PBDIT / Share (Rs.), as of Mar 24, the value is 47.89. This value is within the healthy range. It has increased from 28.49 (Mar 23) to 47.89, marking an increase of 19.40.
For PBIT / Share (Rs.), as of Mar 24, the value is 39.64. This value is within the healthy range. It has increased from 22.07 (Mar 23) to 39.64, marking an increase of 17.57.
For PBT / Share (Rs.), as of Mar 24, the value is 35.50. This value is within the healthy range. It has increased from 19.66 (Mar 23) to 35.50, marking an increase of 15.84.
For Net Profit / Share (Rs.), as of Mar 24, the value is 25.20. This value is within the healthy range. It has increased from 13.51 (Mar 23) to 25.20, marking an increase of 11.69.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 26.49. This value is within the healthy range. It has increased from 14.09 (Mar 23) to 26.49, marking an increase of 12.40.
For PBDIT Margin (%), as of Mar 24, the value is 17.27. This value is within the healthy range. It has increased from 12.31 (Mar 23) to 17.27, marking an increase of 4.96.
For PBIT Margin (%), as of Mar 24, the value is 14.29. This value is within the healthy range. It has increased from 9.54 (Mar 23) to 14.29, marking an increase of 4.75.
For PBT Margin (%), as of Mar 24, the value is 12.80. This value is within the healthy range. It has increased from 8.50 (Mar 23) to 12.80, marking an increase of 4.30.
For Net Profit Margin (%), as of Mar 24, the value is 9.08. This value is within the healthy range. It has increased from 5.84 (Mar 23) to 9.08, marking an increase of 3.24.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.55. This value is within the healthy range. It has increased from 6.09 (Mar 23) to 9.55, marking an increase of 3.46.
For Return on Networth / Equity (%), as of Mar 24, the value is 15.71. This value is within the healthy range. It has increased from 9.81 (Mar 23) to 15.71, marking an increase of 5.90.
For Return on Capital Employeed (%), as of Mar 24, the value is 20.16. This value is within the healthy range. It has increased from 12.85 (Mar 23) to 20.16, marking an increase of 7.31.
For Return On Assets (%), as of Mar 24, the value is 8.78. This value is within the healthy range. It has increased from 5.23 (Mar 23) to 8.78, marking an increase of 3.55.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.09. This value is below the healthy minimum of 0.2. It has decreased from 0.14 (Mar 23) to 0.09, marking a decrease of 0.05.
For Total Debt / Equity (X), as of Mar 24, the value is 0.59. This value is within the healthy range. It has decreased from 0.64 (Mar 23) to 0.59, marking a decrease of 0.05.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.97. It has increased from 0.94 (Mar 23) to 0.97, marking an increase of 0.03.
For Current Ratio (X), as of Mar 24, the value is 1.43. This value is below the healthy minimum of 1.5. It has increased from 1.31 (Mar 23) to 1.43, marking an increase of 0.12.
For Quick Ratio (X), as of Mar 24, the value is 0.07. This value is below the healthy minimum of 1. It has decreased from 0.13 (Mar 23) to 0.07, marking a decrease of 0.06.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.77. This value is below the healthy minimum of 4. It has increased from 1.51 (Mar 23) to 1.77, marking an increase of 0.26.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 11.32. This value is below the healthy minimum of 20. It has decreased from 17.89 (Mar 23) to 11.32, marking a decrease of 6.57.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.63. This value is below the healthy minimum of 20. It has decreased from 12.29 (Mar 23) to 8.63, marking a decrease of 3.66.
For Earning Retention Ratio (%), as of Mar 24, the value is 88.68. This value exceeds the healthy maximum of 70. It has increased from 82.11 (Mar 23) to 88.68, marking an increase of 6.57.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.37. This value exceeds the healthy maximum of 70. It has increased from 87.71 (Mar 23) to 91.37, marking an increase of 3.66.
For Interest Coverage Ratio (X), as of Mar 24, the value is 11.55. This value is within the healthy range. It has decreased from 11.82 (Mar 23) to 11.55, marking a decrease of 0.27.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 7.08. This value is within the healthy range. It has increased from 6.60 (Mar 23) to 7.08, marking an increase of 0.48.
For Enterprise Value (Cr.), as of Mar 24, the value is 9,300.53. It has decreased from 9,855.99 (Mar 23) to 9,300.53, marking a decrease of 555.46.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.66. This value is within the healthy range. It has decreased from 2.11 (Mar 23) to 1.66, marking a decrease of 0.45.
For EV / EBITDA (X), as of Mar 24, the value is 9.63. This value is within the healthy range. It has decreased from 17.15 (Mar 23) to 9.63, marking a decrease of 7.52.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has decreased from 1.71 (Mar 23) to 1.30, marking a decrease of 0.41.
For Retention Ratios (%), as of Mar 24, the value is 88.67. This value exceeds the healthy maximum of 70. It has increased from 82.10 (Mar 23) to 88.67, marking an increase of 6.57.
For Price / BV (X), as of Mar 24, the value is 2.15. This value is within the healthy range. It has decreased from 2.76 (Mar 23) to 2.15, marking a decrease of 0.61.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has decreased from 1.71 (Mar 23) to 1.30, marking a decrease of 0.41.
For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 23) to 0.07, marking an increase of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Balrampur Chini Mills Ltd as of April 22, 2025 is: 543.08

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 22, 2025, Balrampur Chini Mills Ltd is Overvalued by 3.88% compared to the current share price 565.00

Intrinsic Value of Balrampur Chini Mills Ltd as of April 22, 2025 is: 530.80

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 22, 2025, Balrampur Chini Mills Ltd is Overvalued by 6.05% compared to the current share price 565.00

Last 5 Year EPS CAGR: -2.26%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (2,118.77 cr) compared to borrowings (1,505.15 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.54 cr) and profit (415.92 cr) over the years.	The stock has a low average ROCE of 13.33%, which may not be favorable. The stock has a high average Working Capital Days of 152.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 220.25, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Balrampur Chini Mills Ltd:
1. Net Profit Margin: 9.08%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 20.16% (Industry Average ROCE: 13%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 15.71% (Industry Average ROE: 11.89%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 7.08
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.07
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 27.8 (Industry average Stock P/E: 16.6)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.59
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Balrampur Chini Mills Ltd. is a Public Limited Listed company incorporated on 14/07/1975 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L15421WB1975PLC030118 and registration number is 030118. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company's Total Operating Revenue is Rs. 5593.74 Cr. and Equity Capital is Rs. 20.17 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Sugar	FMC Fortuna, 2nd Floor, 234/3A, A J C Bose Road, Kolkata West Bengal 700020	investorgrievances@bcml.in http://www.chini.com

Management
Name	Position Held
Mr. Vivek Saraogi	Chairman & Managing Director
Mr. Praveen Gupta	Whole Time Director
Ms. Avantika Saraogi	Executive Director
Dr. Indu Bhushan	Independent Director
Mr. Chandra Kishore Mishra	Additional Director
Mr. Veena Hingarh	Independent Director
Ms. Mamta Binani	Independent Director

FAQ

What is the intrinsic value of Balrampur Chini Mills Ltd?

Balrampur Chini Mills Ltd's intrinsic value (as of 22 April 2025) is ₹543.08 — 3.88% lower the current market price of 565.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 11,406 Cr. market cap, FY2025-2026 high/low of ₹693/352, reserves of 3,529 Cr, and liabilities of 4,586 Cr.

What is the Market Cap of Balrampur Chini Mills Ltd?

The Market Cap of Balrampur Chini Mills Ltd is 11,406 Cr..

What is the current Stock Price of Balrampur Chini Mills Ltd as on 22 April 2025?

The current stock price of Balrampur Chini Mills Ltd as on 22 April 2025 is 565.

What is the High / Low of Balrampur Chini Mills Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Balrampur Chini Mills Ltd stocks is ₹693/352.

What is the Stock P/E of Balrampur Chini Mills Ltd?

The Stock P/E of Balrampur Chini Mills Ltd is 27.8.

What is the Book Value of Balrampur Chini Mills Ltd?

The Book Value of Balrampur Chini Mills Ltd is 176.

What is the Dividend Yield of Balrampur Chini Mills Ltd?

The Dividend Yield of Balrampur Chini Mills Ltd is 0.54 %.

What is the ROCE of Balrampur Chini Mills Ltd?

The ROCE of Balrampur Chini Mills Ltd is 13.5 %.

What is the ROE of Balrampur Chini Mills Ltd?

The ROE of Balrampur Chini Mills Ltd is 13.8 %.

What is the Face Value of Balrampur Chini Mills Ltd?

The Face Value of Balrampur Chini Mills Ltd is 1.00.