About BCL Industries Limited

BCL Industries Limited is a listed Indian company incorporated on February 3, 1976. Its operations span distillery and, historically, oil & refinery and real estate; further segment details are provided in Note 36 of the Consolidated Financial Statements. Registered office: Hazi Rattan Link Road, Bathinda-151001, Punjab.

The Company operates fully integrated grain-based distilleries at Sangat (Bathinda, Punjab) and at Svaksha Distillery, Kharagpur (West Bengal), which serve dual markets—ethanol blending and ENA for beverage manufacturers.

As part of its portfolio reshaping in FY25, BCL exited the edible oil business to sharpen its focus on energy-led growth (distillery, ethanol and biodiesel).

Subsidiaries (as of March 31, 2025): Svaksha Distillery Limited (acquired May 4, 2017) and Goyal Distillery Private Limited (acquired October 4, 2024).

BCL Industries Limited Key milestones

• Combined installed distillery capacity of 700 KLPD operating at 100% utilisation in FY25.

• Strategic exit from edible oil to concentrate on ethanol/ENA/biodiesel.

BCL Industries Limited Business Segments

Distillery

• Distillery revenue (FY25): Rs 1,929 crore; capacity utilisation: 100%; EBITDA margin: 10%.

• Total consolidated revenue from operations (FY25): Rs 2,909.60 crore; Total income: Rs 2,918.65 crore.

BCL Industries Limited Key Management

• Maj. Gen. Parampal Singh Bal — Chairman/Independent Director

• Sh. Rajinder Mittal — Managing Director

• Sh. Kushal Mittal — Jt. Mg. Director

• Sh. Sat Narain Goyal — Whole Time Director

• Chief Financial Officer: Sh. Gulab Singh

• Company Secretary: Sh. Ajeet Kumar Thakur

Latest Updates on BCL Industries Limited

• Ethanol capacity expansion (Bathinda): Additional 150 KLPD under way; commissioning targeted by December 2025; post-expansion total ethanol capacity envisaged at 1,100 KLPD.

• Biodiesel project: Work advanced on a 75 KLPD biodiesel plant at Bathinda.

• Feedstock & pricing: Company continues producing ethanol entirely from maize; revised procurement price (maize-based) noted at Rs 71.86 per litre (effective January 2024).

Clients/brands: ENA supplies to Pernod Ricard, Amrut and Mohan Meakin; in-house Punjab IMIL brands include Asli Santra, Ranjha Saunfi and Green Apple Vodka.