PLA commissioning in Q3 FY27 (October 2026)
PLA plant commissioning targeted for Q3 FY27, with first-year capacity utilization of 50% and ramp-up to full capacity within six months.
BALRAMCHIN / guidance tracker
Keep management guidance in view.
Balrampur Chini Mills · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
Ethanol price increase expected
Management expects ethanol price revision soon, given surplus sugar production and government's commitment to blending program.
Sugar exports likely in January 2026
Management expects government to allow sugar exports around January 2026, similar to last year, to manage surplus.
PLA Plant Commissioning: Lactic Acid October 2026, PLA December 2026
The 80,000 TPA integrated lactic acid and PLA project remains on schedule. Civil work, equipment arrival, and erection are in full flow at the Maizarpur plant.
PLA Capacity Utilization Target: Minimum 40% in Q4 FY27
Assuming commissioning proceeds as planned, management expects to achieve approximately 40% average capacity utilization from January to March 2027, with quality production targeted for sale in the domestic market.
FY27-28 Ethanol Volume Assumption: ~20 Cr Litres (subject to Government Policy)
Based on anticipated restriction of B-heavy diversion, management is working with approximately 10 crore litres from C-heavy cane route and ~10 crore litres from grain/broken rice feedstock for the upcoming season, pending final government policy clarity expected by September.
Crushing volume growth of 5-6% this season
Company expects to crush over 10.5 crore quintals this year, a ~6% increase over last year.
Area increase of 5-7% next season
Expects a 5-7% increase in cane area for the upcoming season due to price increases and new geographies.
PLA commissioning in October 2026
PLA plant is on track for commissioning by October 2026, with 90% of imported equipment already arrived.
PLA revenue potential of ₹2,000 crore at full capacity
At full capacity, PLA plant can generate ₹2,000 crore revenue with 35% EBITDA margin.