BALRAMCHIN / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Balrampur Chini Mills · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ3-FY26 · 2026-02-12Back to quarter ↗

Questions audited

Answered directly

68%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Prashant Bani · Aara Capital

evasive

What is the government's incentive to increase ethanol price?

government is supposed to be running a system which is for the well-being of the country... you suddenly for you know don't backtrack midway... I'm very hopeful that they would again see pragmatism down the line.

Prashant Bani · Aara Capital

evasive

Any formal offtake assurance for PLA from clients?

I'm not uh at liberty to tell you as of today but the fact that we have put the names in our investor presentation and how sort of prudent our conduct has been it's indication enough.

Vikram Suryawanchi · Philip Capital

direct

Breakdown of India's sugar production estimates?

10 18 28 and rest of India 47 45 by 2 325

Vikram Suryawanchi · Philip Capital

direct

Is the 5-7% increase in crushing from new areas or yield?

it's not 5 to 7% increase in allotment. It's 5 to 7% uh increase in crushing... This is not only through external areas but internal development and yields and everything.

Vikram Suryawanchi · Philip Capital

direct

Can the company shift to grain ethanol given low sugar prices?

we have already diverted many of our units to you know sea heavy grain is not possible in these units because grain is a separate line of machinery which is only available in meapur.

Sanjay Manal · Dam Capital

partial

Why has recovery improvement fizzled out?

we began with an improvement of .3 kind of expectation for one and a half months we got no sunlight so beginning as of yesterday bright sunshine is started again so maybe we have lost some time... 1.15 may be possible.

Sanjay Manal · Dam Capital

direct

Why can't Meapur grain capacity be scaled up to 8-10 cr liters?

government has accepted only 60% of tenders put out for me... if you wanted to increase may you put in a capex let's say for another distly of 10 crores you would only be able to sell 6 crores balance the distilled would be idle.

Tanoj Nagalia · SKP Securities

direct

Any change in ethanol mix (C heavy vs B heavy)?

It's a very marginal tweet because midway is remaining that range... just one unit midway we are shifting which may not because we have a 10 unit company may not look very visible.

Tanoj Nagalia · SKP Securities

direct

Are we on track for ethanol sale of 28 cr liters in FY26?

looks like between 26 to 27 cr.

Tanoj Nagalia · SKP Securities

evasive

What revenue from PLA pan masala packaging?

this is too early in the day... we feel very very confident and happy that you know we should see success on both the fronts.

Hitesh Sharma · Goldman Sachs

direct

What is PLA capacity utilization and profit potential?

we are commissioning in October of 2026. So right now there's of course no capacity utilization... revenue potential is 2,000 cr at peace and we have given guidance before of a 35% AITA profit margin.

Dwanit · Sabla family office

direct

Any government indication on ethanol price revision?

currently the indications are there is no revision on the envel... no reply is the message we have which I mean I cannot again this government which gives a feeling that they might not be looking at it.