Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{187692,
        author = {Dr. Prashant Prahladbhai Patel},
        title = {FINANCIAL PERFORMANCE ANALYSIS OF BALRAMPUR CHINI MILLS LIMITED (BCML): A THREE-YEAR STUDY},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {6},
        pages = {6415-6419},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=187692},
        abstract = {The aim of this research is to evaluate the financial performance of Balrampur Chini Mills Limited (BCML) over a three-year period from fiscal year 2022–23 to 2024–25. The study applies ratio analysis, trend analysis, and DuPont decomposition (three-step model) to assess profitability, liquidity, leverage, asset efficiency, and return on equity (ROE). Secondary data are drawn from annual reports, financial press releases, and relevant financial databases. The findings reveal that while BCML’s revenue remained relatively stable or showed pressure in FY25, profitability and return metrics declined in FY25 compared to FY24. The DuPont analysis indicates that the drop in ROE is largely due to lower asset turnover combined with moderate leverage. The paper offers insights for management, investors, and stakeholders on risk areas and suggests strategic financial measures for improvement.},
        keywords = {Balrampur Chini Mills Limited, Financial Analysis, Trend Analysis, DuPont Analysis, Liquidity, Profitability, Efficiency, ROE.},
        month = {November},
        }