
Balrampur Chini Mills Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
Balrampur Chini Mills Rs 668.20 (5 Oct 2026). 52-week range Rs 393.55 to Rs 780.95. Q1 FY27 revenue Rs 1,637 cr, up 6%. PLA capex Rs 3,080 cr.
Updated: 5 Oct 2026 • 11:42 am
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Quick Answer
The Balrampur Chini Mills share price target for 2026 is Rs 600 to Rs 680, which is between 10 percent below and 2 percent above the latest price of Rs 668.20, with bull and bear cases of Rs 945 to Rs 1,026 and Rs 336 to Rs 378. Balrampur Chini Mills reported Q1 FY27 revenue of Rs 1,636.79 crore, up 6.1 percent, but pre-tax profit fell 19.9 percent as sugar recovery dipped, while its 80,000 tonne PLA bioplastic plant is on track for H2 FY27 at a revised capex of Rs 3,080 crore. The stock hit a record Rs 780.95 on 20 August as sugar prices surged and is up about 44 percent in a year, but it trades at 37.0 times earnings against an industry average of 19.3 times. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario.
The Balrampur Chini Mills share price target for 2026 is Rs 600 to Rs 680 in the Univest base case, with the stock at Rs 668.20 as of about 10:15 AM IST on 5 October 2026. That is 14.4 percent below its 52-week high of Rs 780.95 and 69.8 percent above its 52-week low of Rs 393.55, and the stock moved up 43.7 percent over the past year. Balrampur Chini Mills is an integrated sugar maker with a large distillery business and a Rs 3,080 crore 80,000 tonne polylactic acid (PLA) bioplastics plant under construction. It holds 30.47 percent of Auxilo Finserve.
Three things changed since the last update: Q1 FY27 results on 12 August showed lower profit, the stock jumped 13 percent on 20 August to a record high on sugar prices, and PLA capex was revised up to Rs 3,080 crore. This Balrampur Chini Mills stock analysis covers the Balrampur Chini Mills share price today, the Balrampur Chini Mills share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Balrampur Chini Mills buy or sell view.
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What Is the Balrampur Chini Mills Share Price Target for 2026?
The 2026 target for Balrampur Chini Mills shares is Rs 600 to Rs 680 in the Univest base case, which is -10.2% to +1.8% against the latest price. The bull case is Rs 945 to Rs 1,026 and the bear case is Rs 336 to Rs 378. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Balrampur Chini Mills Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 668.20 |
|---|---|---|---|---|
| Bull Case | Rs 27 | 35x to 38x | 945 to 1,026 | +41.4% to +53.5% |
| Base Case | Rs 20 | 30x to 34x | 600 to 680 | -10.2% to +1.8% |
| Bear Case | Rs 14 | 24x to 27x | 336 to 378 | -49.7% to -43.4% |
FY28 EPS of Rs 20 in the base case is above trailing EPS of Rs 17.54 and assumes PLA contributes only a little in its first year. The bull case needs PLA to ramp up quickly and sugar prices to hold, while the bear case assumes margin pressure and PLA delays. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Balrampur Chini Mills share price target range around the current price.
Balrampur Chini Mills Company Overview and Share Price Today as of 5 October 2026
Balrampur Chini Mills share price today is Rs 668.20 on the NSE at about 10:15 AM IST on 5 October 2026, and it changes through the session. The market capitalisation is Rs 13,725 crore, and the stock trades at 37.0 times earnings against an industry average of 19.3 times. The Univest base case Balrampur Chini Mills share price target of Rs 600 to Rs 680 is -10.2% to +1.8% from here. The table below sets out the key numbers behind the Balrampur Chini Mills share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | BALRAMCHIN | BSE code 500038 |
| Sector | Sugar, ethanol and bioplastics | Per Univest sector classification |
| Latest Price (NSE) | Rs 668.20 | 5 Oct 2026, 10:15 AM IST |
| 52-Week High | Rs 780.95 | CMP is 14.4% below |
| 52-Week Low | Rs 393.55 | CMP is 69.8% above |
| 1-Year Return | About +44% | Weekly close Rs 464.90 on 3 Oct 2025 to Rs 668.20 |
| Market Capitalisation | Rs 13,725 crore | Mid cap sugar company |
| Trailing P/E | About 37.0x | Industry P/E about 19.3x |
| P/B Ratio | About 2.99x | Book value Rs 216.83 per share |
| EPS (TTM) | Rs 17.54 | Trailing twelve months |
| Return on Equity | About 9.2% | Debt to equity 0.77 |
| Dividend Yield | About 0.52% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 600 to Rs 680 | Univest base case |
| Bull Case | Rs 945 to Rs 1,026 | +41.4% to +53.5% |
| Bear Case | Rs 336 to Rs 378 | -49.7% to -43.4% |
Track live price, fundamentals and results for Balrampur Chini Mills on the Univest Screener.
How Did Balrampur Chini Mills Perform in Q1 FY27?
Balrampur Chini Mills reported Q1 FY27 consolidated revenue of Rs 1,636.79 crore, up 6.1 percent, and pre-tax profit of Rs 58.53 crore, down 19.9 percent. Consolidated EPS was Rs 2.16 against Rs 2.55. Sugar is seasonal, so management asks investors to judge results on an annual basis. Together these Q1 FY27 numbers anchor the Balrampur Chini Mills share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Consolidated Revenue | Rs 1,636.79 crore | Up 6.1% year on year |
| Pre-Tax Profit | Rs 58.53 crore | Down 19.9% from Rs 73.08 crore |
| Sugar Segment Profit | Rs 38.76 crore | Against Rs 48.07 crore |
| Distillery Segment Profit | Rs 80.38 crore | On revenue of Rs 539.62 crore |
| Net Sugar Recovery | 10.86% | Against 11.38% |
| PLA Plant Capex | Rs 3,080 crore | Operations expected in H2 FY27 |
Higher sugar realisations and distillery volumes lifted revenue, but net recovery fell because more cane went to ethanol. Sugar inventory was 45.67 lakh quintals on 30 June 2026. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Balrampur Chini Mills share price target.
Why Did Balrampur Chini Shares Rally to a Record High in August 2026?
Balrampur Chini shares rallied to a record Rs 780.95 in the week of 17 August 2026 because wholesale sugar prices rose more than 10 percent and the government tightened bulk stockholding limits. The stock jumped as much as 13 percent on 20 August on volume of 5.8 crore shares in the week.
The stock has since eased 14 percent from the high to Rs 668.20, even as the new sugar season began on 1 October. At 37.0 times earnings it already prices in much of the sugar and PLA story. The Balrampur Chini Mills share price target scenarios below account for that move.
Key Catalysts for the Balrampur Chini Mills Share Price Target in 2026
4 catalysts matter most for the Balrampur Chini Mills share price target, and sector tailwinds in Sugar, ethanol and bioplastics are part of the case. Together they decide whether the base case is reached.
1. PLA Plant Commissioning
The 80,000 tonne PLA plant is expected to start in H2 FY27 at a revised capex of Rs 3,080 crore. PLA is a new profit stream beyond sugar. If it plays out, the Balrampur Chini Mills share price target moves toward the top of the base range.
2. Sugar Price Strength
Wholesale sugar prices rose more than 10 percent in August, and the new season starts with low opening stock. Firm prices lift sugar profit. Strength here would support the upper end of the Balrampur Chini Mills share price target.
3. Distillery Momentum
Distillery profit was Rs 80.38 crore in Q1 FY27 and is the most stable earnings driver. Higher volume supports the base case. Delivery on this point keeps the Balrampur Chini Mills share price target on track.
4. Policy Support
The government tightened bulk stockholding limits, and the ethanol blending programme continues. Supportive policy lifts the sugar and ethanol businesses. Better news here would lift the Balrampur Chini Mills share price target toward the bull case.
What Are the Key Risks to the Balrampur Chini Mills Share Price Target?
The main risks are PLA execution, capex funding, policy changes and a high valuation. Each can pull the Balrampur Chini Mills share price target lower.
PLA Execution
Capex rose to Rs 3,080 crore from an earlier plan near Rs 2,000 crore, and the plant is new to India. Delays or low initial prices would hit returns. If it materialises, the Balrampur Chini Mills share price target would slip toward the bear case.
Funding the Capex
Debt to equity is 0.77 and return on equity is 9.2 percent. Heavy capex would lift interest costs. This is the main downside risk to the Balrampur Chini Mills share price target.
Policy Risk
Sugar prices, ethanol rates and stockholding limits are set by policy. A reversal, or an import duty cut, would hit the stock. A worsening here would cut the Balrampur Chini Mills share price target toward the low end of the range.
High Valuation
The stock trades at 37.0 times earnings against an industry average of 19.3 times. A fall toward 24 times FY28 EPS would put the price near Rs 480. Watch it closely, because it can pull the Balrampur Chini Mills share price target lower quickly.
Balrampur Chini Mills Stock Analysis: Support and Resistance Levels for the Share Price Target
Balrampur Chini Mills stock analysis on weekly charts shows a range of Rs 638 to Rs 742 since late August, with the stock near the lower end.
The first support level is Rs 638 to Rs 652, the lows of the weeks of 28 September, 31 August and 21 September. Below that, Rs 592 is the early-August low, and a weekly close under Rs 638 would weaken the trend.
The first resistance level is Rs 691 to Rs 705, the highs of the weeks of 7 and 28 September. Above that, Rs 742 to Rs 751 marks the August highs, and Rs 780.95 is the record high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Balrampur Chini Mills share price target.
Balrampur Chini Mills Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Balrampur Chini Mills Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 638 and Rs 705, from the late-September low to the early-September high. A close above Rs 705 would put Rs 742 in play, while a break under Rs 638 would put Rs 592 in play. The Q2 FY27 results and PLA commissioning news are the triggers. This range anchors the near-term Balrampur Chini Mills share price target.
12-Month and 2027 Balrampur Chini Mills Share Price Target
The 12-month target price is Rs 600 to Rs 680, valued on 30 to 34 times FY28 EPS of Rs 20. The range across scenarios runs from Rs 336 in the bear case to Rs 1,026 in the bull case.
Long-Term Balrampur Chini Mills Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 704 to Rs 1,040. This assumes EPS of Rs 32 in FY29 and Rs 40 in FY30 and a multiple of 22 to 26 times. It needs the PLA plant to run near capacity. This is the long-term Balrampur Chini Mills share price target in the Univest scenarios.
Bull Case and Bear Case for Balrampur Chini Mills Share Price Target
Bull Case Rs 945 to Rs 1,026
The bull case of Rs 945 to Rs 1,026 for the Balrampur Chini Mills share price target needs EPS of Rs 27 and the market to pay 35 to 38 times for it. It is +41.4% to +53.5% from the latest price.
Bear Case Rs 336 to Rs 378
The bear case of Rs 336 to Rs 378 for the Balrampur Chini Mills share price target equals 24 to 27 times FY28 EPS of Rs 14 and sits above the Rs 393 low. It is -49.7% to -43.4% from the latest price.
Is Balrampur Chini Mills a Good Buy at Rs 668? Balrampur Chini Mills Buy or Sell View
Whether Balrampur Chini Mills is a buy at Rs 668.20 depends on horizon and risk appetite. The base case implies -10 to 2 percent from here, the stock trades at 37 times trailing earnings, and the open question is how fast PLA ramps up. The Balrampur Chini Mills share price target range is the starting point for that decision.
Long-term holders may focus on PLA commissioning, the distillery and sugar prices, and treat Rs 638 as the level to watch. Short-term traders may prefer to wait for a close above Rs 705. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Balrampur Chini Mills buy or sell view is educational.
How to Invest in Balrampur Chini Mills Shares
Step 1: Check the live price, valuation and the latest Balrampur Chini Mills share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Balrampur Chini Mills share price target.
Step 3: Search for BALRAMCHIN on the NSE or 500038 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 336 is bearable.
Step 5: Track PLA commissioning, sugar prices and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Balrampur Chini Mills share price target.
Conclusion
Balrampur Chini Mills closed at Rs 668.20 against a Univest base case share price target of Rs 600 to Rs 680, a bull case of Rs 945 to Rs 1,026 and a bear case of Rs 336 to Rs 378. Q1 FY27 delivered 6.1 percent revenue growth but a 19.9 percent fall in pre-tax profit, while the PLA plant is on track for H2 FY27. The main risks are PLA execution, funding and policy.
The stock is 14.4 percent below its record high, so the base case implies roughly -10 to 2 percent from here. The triggers to watch are PLA commissioning, the Q2 FY27 results and the Rs 638 and Rs 705 levels. Re-check the Balrampur Chini Mills share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Balrampur Chini Mills live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Balrampur Chini Mills Share Price Target 2026
What is the Balrampur Chini Mills share price target for 2026?
Ans. The Balrampur Chini Mills share price target for 2026 is Rs 600 to Rs 680 in the Univest base case, with a bull case of Rs 945 to Rs 1,026 and a bear case of Rs 336 to Rs 378. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. These are estimates and can change after the Q2 FY27 results.
What is the Balrampur Chini Mills share price target for 2027?
Ans. The Balrampur Chini Mills share price target for 2027 is Rs 600 to Rs 680 in the base case, valued on 30 to 34 times FY28 EPS of Rs 20. The scenario range runs from Rs 336 to Rs 1,026.
Is Balrampur Chini Mills a good buy at Rs 668.20?
Ans. Whether Balrampur Chini Mills is a good buy at Rs 668.20 depends on your horizon, risk appetite and how you read the Balrampur Chini Mills share price target. Sugar prices are strong and the PLA plant is near commissioning, but the stock trades at about 37 times earnings and Q1 profit fell. Consult a SEBI-registered advisor before investing.
What are the key risks to the Balrampur Chini Mills share price target?
Ans. The key risks to the Balrampur Chini Mills share price target are pla execution, funding the capex, policy risk and high valuation. Capex rose to Rs 3,080 crore from an earlier plan near Rs 2,000 crore, and the plant is new to India. Delays or low initial prices would hit returns.
What are the key catalysts for the Balrampur Chini Mills share price target?
Ans. The key catalysts for the Balrampur Chini Mills share price target are pla plant commissioning, sugar price strength, distillery momentum and policy support. The 80,000 tonne PLA plant is expected to start in H2 FY27 at a revised capex of Rs 3,080 crore. PLA is a new profit stream beyond sugar.
Where can I track Balrampur Chini Mills share price today and Balrampur Chini Mills share price target updates?
Ans. You can track the live Balrampur Chini Mills share price, results and any change to the Balrampur Chini Mills share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Balrampur Chini Mills's 52-week high and low?
Ans. Balrampur Chini Mills's 52-week high is Rs 780.95 and its 52-week low is Rs 393.55, based on weekly NSE data. At Rs 668.20 the stock is 14.4 percent below the high and 69.8 percent above the low. Both levels frame the Balrampur Chini Mills share price target.
How to buy Balrampur Chini Mills shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for BALRAMCHIN on the NSE or 500038 on the BSE, and place a limit order near your entry price, using the Balrampur Chini Mills share price target range as a guide. Size the position so a fall to Rs 336 is bearable, and check the live price on the Univest Screener first.
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