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Balrampur Chini Mills Limited (BALRAMCHIN) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹112B

BC Balrampur Chini Mills Limited BALRAMCHIN · NSE
Price₹604.70
Fair Value₹548.17
Upside-9.4%
Quality43/100
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Mixed Growth
Thin margins · 6.0% net margin
Low debt · negative free cash flow
0.65% dividend yield
Trails peers (5/13)
Narrow moat 42/100
Evidence: High Range ₹411.12 – ₹751.59 Share as image

Fair value as of: Aug 2, 2026

From 16 valuation models · updated 11 days ago

Fair value updated Aug 2, 2026, revised from ₹304.54 to ₹548.17 (+80.0%) since Jun 29, 2026. Share price +3.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹411.12 to ₹751.59) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹679.41 ₹218.75 Fair Value ₹548.17 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹218.75 – ₹679.41 · fair‑value band ₹411.12 – ₹751.59 · the ₹604.70 price screens above the ₹548.17 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Balrampur Chini Mills Limited (BALRAMCHIN) currently trades at ₹604.70, while our model-based Fair Value estimate is ₹548.17, implying the stock looks roughly 9.4% fairly valued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Balrampur Chini Mills Limited generated revenue of ₹62.7B at a net margin of 6.0%. Revenue grew 6.7% year over year. It earns a return on equity of 9.5%. Net debt stands at ₹31.7B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹411.12 (bear case) to ₹751.59 (bull case); at ₹604.70, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 54% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -35% fair-value upside, at -9%, BALRAMCHIN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹167.92 ₹184.00 ₹260.80 76
ROIC Compounder ₹129.60 ₹158.33 ₹183.47 72
Gordon GGM ₹30.72 ₹63.87 ₹101.33 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹121.81 ₹363.63 ₹481.56 54
Lynch FV ₹76.87 ₹109.81 ₹142.76 50
PEG = 1.0 ₹76.87 ₹109.81 ₹142.76 46
EPV ₹129.60 ₹158.33 ₹183.47 59
Dividend Discount
Gordon GGM ₹30.72 ₹63.87 ₹101.33 70
DDM Multi-Stage ₹30.72 ₹49.88 ₹67.04 61
Multiples
P/E Multiple ₹282.14 ₹376.19 ₹470.24 63
P/S Multiple ₹228.40 ₹304.54 ₹380.67 58
P/B Multiple ₹228.40 ₹304.54 ₹380.67 55
EV/EBIT ₹297.65 ₹411.13 ₹524.61 53
EV/EBITDA ₹299.31 ₹413.34 ₹527.38 54
EV/Revenue ₹200.19 ₹304.32 ₹408.46 43
Asset-Based
NCAV (Graham) ₹97.94 ₹131.23 ₹195.87 50
Economic Profit
Residual Income ₹167.92 ₹184.00 ₹260.80 76
ROIC Compounder ₹129.60 ₹158.33 ₹183.47 72
Growth Earnings
Growth-Adj P/E ₹229.99 ₹328.56 ₹427.13 68

Widest divergence: Growth Earnings (₹328.56) versus Dividend Discount (₹49.88). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹62.7B
Revenue growth (YoY) +6.7%
Net margin 6.0%
Return on equity 9.5%
Free cash flow −₹4.7B FY2026
P/E ratio 28.6
More key figures
Operating margin 15.0%
EPS (TTM) ₹18.59
Dividend yield 0.7%
EPS growth (YoY) -30.7%
Net debt ₹31.7B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 68

Profitability 38
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 29
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Balrampur Chini Mills Limited manufactures and sells of sugar in India. It operates through Sugar, Distillery, Polylactic Acid, and Others segments. The company offers molasses, industrial alcohol, ethanol, extra neutral alcohol, CO2, dry ice, and bagasse products. It also provides agricultural fertilizers, such as granulated potash and bio-pesticides.

Full company description

Balrampur Chini Mills Limited manufactures and sells of sugar in India. It operates through Sugar, Distillery, Polylactic Acid, and Others segments. The company offers molasses, industrial alcohol, ethanol, extra neutral alcohol, CO2, dry ice, and bagasse products. It also provides agricultural fertilizers, such as granulated potash and bio-pesticides. In addition, the company is involved in the generation and sale of electricity with a saleable capacity of 175.7 megawatts. It also exports its sugar products. The company was incorporated in 1975 and is headquartered in Kolkata, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Balrampur Chini Mills Limited reported revenue of ₹62.7B in FY2026 versus ₹48.5B in FY2022, a compound +6.7%/yr. Reported net income was ₹3.8B in FY2026, compounding −5.0%/yr from FY2022.

Growth Quality 30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹62.7B
Latest YoY
+15.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.4%
Avg. growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.2%
Revenue +6.7%/yr
FY22 ₹48.5B
FY23 ₹46.7B
FY24 ₹55.9B
FY25 ₹54.2B
FY26 ₹62.7B
Net income −5.0%/yr
FY22 ₹4.6B
FY23 ₹2.8B
FY24 ₹5.3B
FY25 ₹4.4B
FY26 ₹3.8B
Character of growth · EPS growth decomposed (2016-2026) +5.4 % p.a.
Revenue per share +9.9 pp

of which total revenue +7.5 pp · buybacks/dilution +2.4 pp

EBIT margin −5.9 pp
Tax rate −1.5 pp
Residual (interest, one-offs) +2.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Balrampur Chini Mills Limited Fair Value". https://www.fairvalue-calculator.com/stock/BALRAMCHIN

Peer Group

Confectioners · 77 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Below median
Fair Value upside −9% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 15% · Above median
Revenue growth 7% · Above median
Dividend yield (TTM) 0.7% · Bottom 25%
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Confectioners median · lower = cheaper

P/E (TTM) 28.6× · Pricier than median
P/B 2.72× · Pricier than 75% of peers
P/S (TTM) 1.79× · Pricier than 75% of peers
EV/EBITDA 16.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 21 · sector 28
FUTURE 34 · sector 0
PAST 38 · sector 24
HEALTH 89 · sector 92
DIVIDEND 13 · sector 56

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 96,500 CHF 9,874 -90%
Mondelez International, Inc MDLZ $61.00 $27.68 -55%
The Hershey Company HSY $170.27 $91.25 -46%
Barry Callebaut AG BARN CHF 1,100 CHF 711.91 -35%
ORION Corp 271560 127,100 KRW 203,315 KRW +60%
Tootsie Roll Industries, Inc TROLB $39.00 $22.21 -43%
Guangxi Yuegui Guangye Holdings 000833 ¥18.81 ¥9.83 -48%
Cloetta AB CLAB kr 48.88 kr 59.12 +21%
PT Yupi Indo Jelly Gum Tbk YUPI 1,320 IDR 1,286 IDR -3%
ORION Holdings 001800 25,150 KRW 42,237 KRW +68%

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Frequently asked questions

Is Balrampur Chini Mills Limited (BALRAMCHIN) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹548.17 versus a price of ₹604.70, about −9% (fairly valued).
What is the fair value of BALRAMCHIN?
Our model-based fair value for Balrampur Chini Mills Limited is ₹548.17 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹604.70.
What is the quality score of BALRAMCHIN?
Balrampur Chini Mills Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Balrampur Chini Mills Limited (BALRAMCHIN)?
Balrampur Chini Mills Limited reported trailing-twelve-month revenue of about ₹62.7B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of BALRAMCHIN?
The net profit margin of Balrampur Chini Mills Limited is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.
Does Balrampur Chini Mills Limited pay a dividend?
Balrampur Chini Mills Limited currently shows a dividend yield of about 0.65% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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