Balrampur Chini Mills Limited

8%

Limited, said: “The sugar segment delivered stable performance during the quarter despite hike of ~8% in sugarcane price y-o-y from Rs. 370/qtl. to Rs. 400/qtl. by U.P. Govt. which led to reduced marg

Rs. 370

t delivered stable performance during the quarter despite hike of ~8% in sugarcane price y-o-y from Rs. 370/qtl. to Rs. 400/qtl. by U.P. Govt. which led to reduced margins. This was partly off-set by higher

Rs. 400

le performance during the quarter despite hike of ~8% in sugarcane price y-o-y from Rs. 370/qtl. to Rs. 400/qtl. by U.P. Govt. which led to reduced margins. This was partly off-set by higher sugar sales vol

1.6%

from Juice and B-heavy route for three consecutive years. Sugarcane crushing in the quarter was ~1.6% higher y-o-y at ~622.2 lac qtls. For the entire season Company crushed ~1043 lac qtls. which is ~5.

5.2%

6% higher y-o-y at ~622.2 lac qtls. For the entire season Company crushed ~1043 lac qtls. which is ~5.2% higher than previous season. Gross sugar recovery before diversion in Q4FY26 was lower by ~9 bps a

9 bps

s ~5.2% higher than previous season. Gross sugar recovery before diversion in Q4FY26 was lower by ~9 bps at 11.59%. Gross sugar recovery before diversion for the season was 11.24% as compared to 11.28% i

11.59%

igher than previous season. Gross sugar recovery before diversion in Q4FY26 was lower by ~9 bps at 11.59%. Gross sugar recovery before diversion for the season was 11.24% as compared to 11.28% in previous

11.24%

in Q4FY26 was lower by ~9 bps at 11.59%. Gross sugar recovery before diversion for the season was 11.24% as compared to 11.28% in previous season. The export quota of ~1.58 MMT for the current season ha

11.28%

y ~9 bps at 11.59%. Gross sugar recovery before diversion for the season was 11.24% as compared to 11.28% in previous season. The export quota of ~1.58 MMT for the current season has supported the sugar

Rs. 3080 crore

ed ~4.3 MMT. The progress of 80,000 tons PLA Plant remains largely on track with revised capex of ~Rs. 3080 crores. We expect the plant to commence operations in Q3FY27. Construction activities are in full swing.

Rs. 450 crore

in Q3FY27. Construction activities are in full swing. Recently the Board has approved raising of Rs. 450 crores via issue of Preferential Equity Shares to fund the capex as well as to meet the general corporate

Rs. 193 crore

ioning that there will be no dilution by the Promoters. Promoters are participating / contributing ~Rs. 193 crores out of Rs. 450 crores. Over the years, our integrated model have successfully kept pace with head

“FY25 FY26 B-heavy molasses (Rs./quintal) 1,150 w.e.f.”

“Quantity variance because of seasonality BCML | Q4FY26 Results 20 POLY LACTIC ACID (PLA) BCML | Q4FY26 Results 21 Poly Lactic Acid (PLA) Project FINANCIAL UPDATE GROSS CAPEX: ~ Rs.”

“2000 crores at full capacity COMMITTED PROJECT PURCHASE SO FAR ~ Rs.”

“2894 crores PROJECT COMMISSIONING Q3FY27 * Company is raising funds through issue of Preferential Equity Shares to partly fund the capex.”

“BCML | Q4FY26 Results 22 Poly Lactic Acid(PLA) Project GOVERNMENT SUPPORT Uttar Pradesh State Government announced Bio Plastic Industrial Policy 2024 On 4th October, 2024.”

“Invest UP – the Investment Promotion & Facilitation Agency of the Government of Uttar Pradesh – has issued the Letter of Comfort to the Company for its PLA project approving eligibility to receive incentive subject to commencement of commercial operations of the plant and fulfilment of the conditions stipulated therein.”

“THIS POLICY IS A PIVOTAL STEP TOWARDS A GREENER FUTURE BCML | Q4FY26 Results 23 Poly Lactic Acid (PLA) Project PROGRESS Till 30th April 2026 Company has spent ~Rs.”

“During FY26, the Company: Company has also obtained second rating from India Ratings.”

Transfer Price

1

Ethanol prices under the EBP Programme are as under

1

Note

1

Participation

1

Engagement

1

Format

1

Supplier Network

1

Business Development

1

For PLA

1

For further information contact

1

Transfer Price

FY25 FY26 B-heavy molasses (Rs./quintal) 1,150 w.e.f. Oct-24 1,360 w.e.f. Oct-25 C-heavy molasses (Rs./quintal) 600 w.e.f. Oct-24 800 w.e.f. Oct-25 BCML | Q4FY26 Results 17 Country’s Ethanol Blending & UP Molasses Policy Update

Ethanol prices under the EBP Programme are as under

Country Level Allocation ESY 2025-26 (Cr BL) (under Cycle1) 1048.4 759.8 165.9 110.5 12.2 Syrup route B-heavy route C-heavy route Grains Total The government has allowed 72 lakh tonnes of FCI rice to be sold at ₹23.20 per kg to ethanol distilleries under the EBP programme for ESY 2025-26. During ESY 2024-25 total supply was ~1003 Cr BL till 31st October 2025 against total contracted quantity of ~1131.7 Cr BL resulting in Ethanol blending of ~19.24%. For ESY 2025-26 OMC’s have contracted ~1048.4 Cr BL of Ethanol. Roadmap is being worked on by the Government for “Beyond E-20”. UP Molasses Policy for SS 2025-26 requires sugar mills to deliver 18% of their molasses produce towards country liquor in B-heavy terms. This is on same lines with previous years policy. BCML | Q4FY26 Results 18 Sl.No.Ethanol YearC-routeB-routeSyrupDFGSFGMaize1ESY 2023-24: (Nov-23 - Oct-24)56.28 60.73 65.61 64.00 58.50 71.86 2ESY 2024-25: (Nov-24 - Oct-25)57.97 60.73 65.61 64.00 58.50 71.86 3ESY 2025-26: (Nov-25 -

Note

Quantity variance because of seasonality BCML | Q4FY26 Results 20 POLY LACTIC ACID (PLA) BCML | Q4FY26 Results 21 Poly Lactic Acid (PLA) Project FINANCIAL UPDATE GROSS CAPEX: ~ Rs. 3080 crores Segment PBIT – PLA for FY 2025-26: (Rs. in crores) Employee benefit expenses Depreciation Business Development Expense / Free Samples Outward freight & handling Others (Net) Segment PBIT 1.65 1.09 8.94 1.08 3.96 (16.72) FUNDING PROPOSED • ₹ 1650 crores debt • ₹ 1430 crores from Equity / internal accruals * CAPACITY 80,000 TPA (optimized from 75,000) REVENUE ~ Rs. 2000 crores at full capacity COMMITTED PROJECT PURCHASE SO FAR ~ Rs. 2894 crores PROJECT COMMISSIONING Q3FY27 * Company is raising funds through issue of Preferential Equity Shares to partly fund the capex. BCML | Q4FY26 Results 22 Poly Lactic Acid(PLA) Project GOVERNMENT SUPPORT Uttar Pradesh State Government announced Bio Plastic Industrial Policy 2024 On 4th October, 2024. Under this Policy, companies investing ₹1,000 crore or more in

Engagement

250+ professionals engaged with the mobile unit signalling rising momentum for bio - based solutions within South India’s plastics and manufacturing ecosystem. Central Pollution Control Board (CPCB) representatives and Presidents of Telangana, Karnataka, and Andhra Pradesh Plastic Associations visited the pavilion, reflecting strong institutional support for sustainable material alternatives. Interactive

Format

Engaging displays of PLA samples and technical showcases drew manufacturers, entrepreneurs, policymakers, and academia alike. BCML | Q4FY26 Results 25 Brings Clean Innovation Straight To The People. From Vision to Action Since launch in May 2025 to April 2026 Engaging Communities, Inspiring Change For more information visit - https://balrampurbioyug.com/bioyug-on-wheels BCML | Q4FY26 Results 26 Poly Lactic Acid (PLA) Project Business Development Government Engagement BIS standards approved for PLA straws and bags • • Mandate development: bottles (≤500ml water) and cutlery via BIS • Progress made on the development of lunch boxes and water bottles with IRCTC and Railneer Developed BOPLA as an indigenous product in India for the first time, available in scalable commercial volume Progress on biodegradable Gutkha packaging standards and product development initiated by PMO • • Market Entry Progress Team Expansion Technology Advancement Educated sales team across Substantial progress on co

Supplier Network

Strategic relationship with three primary suppliers to distribute under BioYug brand grades. Competitor PLA analysis completed, providing critical insights into required quality specifications.