Balaji Amines Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 29x vs industry 37x)
- Virtually debt-free
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹19,240 | ₹1.7L Cr | 83.4 | 27.72 | 32.6 | 38.1 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,390 | ₹1.5L Cr | 57.2 | 13.11 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,350 | ₹68K Cr | 29 | 4.55 | 14.3 | 14.6 | 0.35 |
| COROMANDEL Coromandel International Limited | ₹— | ₹51K Cr | 27.1 | 4.12 | 16.4 | 22 | 0.11 |
| LINDEINDIA Linde India Limited | ₹— | ₹49K Cr | 89.3 | 15.49 | 13.6 | 18.2 | 0.02 |
| FLUOROCHEM Gujarat Fluorochemicals Limited | ₹— | ₹47K Cr | 75.3 | 5.25 | 7.82 | 9.64 | 0.29 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹— | ₹43K Cr | 2,930 | 41 | 1.61 | 8.65 | 2.79 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BALAMINES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 53.71% | 53.71% | 53.71% | 53.71% | 53.71% | 54.62% |
| FII | 4.58% | 4.92% | 5.05% | 5.27% | 5.16% | 5.09% |
| DII | 1.43% | 1.48% | 1.59% | 1.79% | 1.66% | 1.48% |
| Public | 40.31% | 39.91% | 39.67% | 39.23% | 39.46% | 38.83% |
Corporate Events
Balaji Amines Limited has informed NSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/ 2026 inter alia, to consider and approve The Un-Audited Standalone and Consolidated Financial Results of the Company for Quarter ended
Dividend - Rs 11 Per Share
Dividend - Rs 11 Per Share
Annual General Meeting/Dividend - Rs 11 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Latest News
All newsBalaji Amines issues routine regulatory update
*Balaji Amines issues routine regulatory update* as per SEBI norms. The filing is a standard disclosure under Regulation 30(6) and Schedule III. No financial or operational changes were indicated. This is a compliance-related announcement with no immediate market implications. 📊 *STOCKS:* $BALAMINES | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #Regulatory
Balaji Amines discloses regulatory compliance update
*Balaji Amines discloses regulatory compliance update*. The company filed a disclosure under Regulation 30(6) of SEBI (Listing Obligations) Regulations, 2015. The update pertains to compliance with sub-para 20 of Para A of Part A of Schedule III. No financial or operational impact indicated. 📊 *STOCKS:* $BALAMINES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Regulatory
Balaji Amines notifies physical share transfer via newspaper publication
*Balaji Amines notifies physical share transfer via newspaper publication.* This is a routine compliance step for unclaimed or transferred physical shares. Such filings are standard and do not indicate operational changes. No immediate financial impact is expected. 📊 *STOCKS:* $BALAMINES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareTransfer
Balaji Amines to host analyst investor meet
*Balaji Amines to host analyst investor meet* as per SEBI listing norms. The session aims to update institutional investors on company performance and strategy. No financial announcements or major operational updates were disclosed. The move aligns with routine corporate transparency practices. 📊 *STOCKS:* $BALAMINES | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #InvestorMeet
Balaji Amines publishes notice for physical shares verification
*Balaji Amines publishes notice for physical shares verification.* The company has issued a newspaper publication regarding the verification of physical share certificates. This is part of routine compliance for shareholder record updates. No financial impact is expected from this procedural filing. 📊 *STOCKS:* BALAMINES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #PhysicalShares
Balaji Amines announces 38th Annual General Meeting.
*Balaji Amines announces 38th Annual General Meeting.* The company has published a notice in compliance with regulatory requirements. No financial or operational updates were disclosed. The event is routine and informational. 📊 *STOCKS:* BALAMINES | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #AGM
Balaji Amines announces 38th Annual General Meeting via newspaper publication
*Balaji Amines announces 38th Annual General Meeting via newspaper publication.* The company has published a notice in compliance with regulatory requirements for its upcoming AGM. No financial figures or strategic updates were disclosed. The filing is a routine procedural step ahead of the shareholder meeting. 📊 *STOCKS:* BALAMINES | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹395 Cr 19.3% | ₹331 Cr 2.9% | ₹341 Cr 4.7% | ₹358 Cr 1.4% | ₹353 Cr 12.8% | ₹313 Cr 9.8% | ₹347 Cr 9.9% | ₹385 Cr |
| Op. Profit | ₹94 Cr 64.9% | ₹57 Cr 5.0% | ₹60 Cr 9.1% | ₹55 Cr 8.3% | ₹60 Cr 30.4% | ₹46 Cr 24.6% | ₹61 Cr 7.6% | ₹66 Cr |
| OPM | 24.0% 41.2% | 17.0% 5.6% | 18.0% 20.0% | 15.0% 11.8% | 17.0% 13.3% | 15.0% 11.8% | 17.0% 0.0% | 17.0% |
| Net Profit | ₹65 Cr 109.7% | ₹31 Cr 16.2% | ₹37 Cr 0.0% | ₹37 Cr 7.5% | ₹40 Cr 29.0% | ₹31 Cr 24.4% | ₹41 Cr 10.9% | ₹46 Cr |
| EPS (₹) | 19.51 101.1% | 9.7 9.1% | 10.67 9.0% | 11.73 5.1% | 12.36 20.7% | 10.24 19.1% | 12.65 5.3% | 13.36 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.4K Cr 2.2% | ₹1.4K Cr 14.8% | ₹1.6K Cr 30.5% | ₹2.3K Cr 1.4% | ₹2.3K Cr 76.9% | ₹1.3K Cr 39.9% | ₹935 Cr 0.5% | ₹940 Cr 9.6% | ₹858 Cr 28.4% | ₹668 Cr |
| Expenses | ₹1.2K Cr 0.3% | ₹1.2K Cr 11.5% | ₹1.3K Cr 24.7% | ₹1.7K Cr 2.7% | ₹1.7K Cr 80.9% | ₹935 Cr 24.0% | ₹754 Cr 0.9% | ₹747 Cr 10.5% | ₹676 Cr 30.3% | ₹519 Cr |
| Op. Profit | ₹265 Cr 14.2% | ₹232 Cr 28.4% | ₹324 Cr 46.8% | ₹609 Cr 2.2% | ₹623 Cr 67.0% | ₹373 Cr 106.1% | ₹181 Cr 6.2% | ₹193 Cr 6.0% | ₹182 Cr 22.1% | ₹149 Cr |
| OPM | 19.0% 11.8% | 17.0% 15.0% | 20.0% 23.1% | 26.0% 3.7% | 27.0% 6.9% | 29.0% 52.6% | 19.0% 9.5% | 21.0% 0.0% | 21.0% 4.5% | 22.0% |
| Other Income | ₹29 Cr 12.1% | ₹33 Cr 10.0% | ₹30 Cr 100.0% | ₹15 Cr 0.0% | ₹15 Cr 150.0% | ₹6 Cr 20.0% | ₹5 Cr 25.0% | ₹4 Cr 66.7% | ₹12 Cr 33.3% | ₹9 Cr |
| Interest | ₹5 Cr 25.0% | ₹4 Cr 33.3% | ₹6 Cr 50.0% | ₹12 Cr 29.4% | ₹17 Cr 5.6% | ₹18 Cr 21.7% | ₹23 Cr 76.9% | ₹13 Cr 44.4% | ₹9 Cr 30.8% | ₹13 Cr |
| Depreciation | ₹56 Cr 16.7% | ₹48 Cr 6.7% | ₹45 Cr 2.2% | ₹46 Cr 9.5% | ₹42 Cr 23.5% | ₹34 Cr 6.3% | ₹32 Cr 60.0% | ₹20 Cr 5.3% | ₹19 Cr 5.0% | ₹20 Cr |
| PBT | ₹232 Cr 8.9% | ₹213 Cr 29.5% | ₹302 Cr 46.7% | ₹567 Cr 1.9% | ₹578 Cr 76.8% | ₹327 Cr 149.6% | ₹131 Cr 20.6% | ₹165 Cr 0.6% | ₹166 Cr 31.7% | ₹126 Cr |
| Tax % | 27.0% 3.8% | 26.0% 13.0% | 23.0% 17.9% | 28.0% 0.0% | 28.0% 12.0% | 25.0% 3.8% | 26.0% 10.3% | 29.0% 9.4% | 32.0% 5.9% | 34.0% |
| Net Profit | ₹169 Cr 6.3% | ₹159 Cr 31.5% | ₹232 Cr 42.9% | ₹406 Cr 2.9% | ₹418 Cr 72.0% | ₹243 Cr 150.5% | ₹97 Cr 17.1% | ₹117 Cr 3.5% | ₹113 Cr 37.8% | ₹82 Cr |
| EPS (₹) | 51.6 6.1% | 48.62 23.1% | 63.22 37.1% | 100.47 11.6% | 113.71 54.7% | 73.51 127.3% | 32.34 10.8% | 36.27 3.8% | 34.93 37.4% | 25.42 |
| Div Payout | 21.0% 8.7% | 23.0% 35.3% | 17.0% 70.0% | 10.0% 100.0% | 5.0% 0.0% | 5.0% 50.0% | 10.0% 25.0% | 8.0% 14.3% | 7.0% 22.2% | 9.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr |
| Reserves | ₹2.0K Cr 7.1% | ₹1.8K Cr 7.2% | ₹1.7K Cr 10.8% | ₹1.5K Cr 24.5% | ₹1.2K Cr 40.0% | ₹888 Cr 36.2% | ₹652 Cr 14.8% | ₹568 Cr 23.2% | ₹461 Cr 29.5% | ₹356 Cr |
| Borrowings | ₹133 Cr 1109.1% | ₹11 Cr 45.0% | ₹20 Cr 65.5% | ₹58 Cr 42.6% | ₹101 Cr 20.5% | ₹127 Cr 51.2% | ₹260 Cr 14.5% | ₹227 Cr 49.3% | ₹152 Cr 44.8% | ₹105 Cr |
| Other Liabilities | ₹633 Cr 59.8% | ₹396 Cr 2.2% | ₹405 Cr 15.4% | ₹351 Cr 11.1% | ₹395 Cr 36.7% | ₹289 Cr 48.2% | ₹195 Cr 20.1% | ₹244 Cr 6.6% | ₹229 Cr 36.3% | ₹168 Cr |
| Total Liabilities | ₹2.7K Cr 21.8% | ₹2.3K Cr 4.9% | ₹2.1K Cr 9.3% | ₹2.0K Cr 12.5% | ₹1.7K Cr 33.2% | ₹1.3K Cr 17.7% | ₹1.1K Cr 6.4% | ₹1.0K Cr 23.3% | ₹848 Cr 33.5% | ₹635 Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.0K Cr 4.0% | ₹1.0K Cr 11.9% | ₹896 Cr 14.9% | ₹780 Cr 14.5% | ₹681 Cr 25.4% | ₹543 Cr 5.2% | ₹573 Cr 79.1% | ₹320 Cr 1.3% | ₹316 Cr 2.8% | ₹325 Cr |
| CWIP | ₹512 Cr 115.1% | ₹238 Cr 16.1% | ₹205 Cr 81.4% | ₹113 Cr 19.9% | ₹141 Cr 18.5% | ₹173 Cr 276.1% | ₹46 Cr 82.9% | ₹269 Cr 118.7% | ₹123 Cr 392.0% | ₹25 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹73 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹48 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹1.2K Cr 17.5% | ₹1.0K Cr 3.3% | ₹1.0K Cr 5.0% | ₹996 Cr 7.9% | ₹923 Cr 55.4% | ₹594 Cr 33.2% | ₹446 Cr 2.4% | ₹457 Cr 11.7% | ₹409 Cr 44.0% | ₹284 Cr |
| Total Assets | ₹2.7K Cr 21.8% | ₹2.3K Cr 4.9% | ₹2.1K Cr 9.3% | ₹2.0K Cr 12.5% | ₹1.7K Cr 33.2% | ₹1.3K Cr 17.7% | ₹1.1K Cr 6.4% | ₹1.0K Cr 23.3% | ₹848 Cr 33.5% | ₹635 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹184 Cr 27.8% | ₹255 Cr 23.7% | ₹334 Cr 5.6% | ₹354 Cr 60.9% | ₹220 Cr 100.0% | ₹110 Cr 23.6% | ₹144 Cr 53.2% | ₹94 Cr 32.9% | ₹140 Cr 133.3% | ₹60 Cr |
| Investing CF | ₹-344 Cr 147.5% | ₹-139 Cr 49.3% | ₹-274 Cr 30.5% | ₹-210 Cr 42.9% | ₹-147 Cr 137.1% | ₹-62 Cr 52.3% | ₹-130 Cr 9.2% | ₹-119 Cr 11.9% | ₹-135 Cr 1250.0% | ₹-10 Cr |
| Financing CF | ₹85 Cr 273.5% | ₹-49 Cr 34.7% | ₹-75 Cr 7.4% | ₹-81 Cr 42.1% | ₹-57 Cr 54.1% | ₹-37 Cr 42.3% | ₹-26 Cr 223.8% | ₹21 Cr 31.3% | ₹16 Cr 129.1% | ₹-55 Cr |
| Net Cash Flow | ₹-75 Cr 210.3% | ₹68 Cr 553.3% | ₹-15 Cr 123.8% | ₹63 Cr 293.8% | ₹16 Cr 45.5% | ₹11 Cr 191.7% | ₹-12 Cr 200.0% | ₹-4 Cr 119.0% | ₹21 Cr 520.0% | ₹-5 Cr |
| Free Cash Flow | ₹-186 Cr 369.6% | ₹69 Cr 15.9% | ₹82 Cr 65.0% | ₹234 Cr 225.0% | ₹72 Cr 442.9% | ₹-21 Cr 125.3% | ₹83 Cr 210.7% | ₹-75 Cr 334.4% | ₹32 Cr 31.9% | ₹47 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 89d 23.6% | 72d 1.4% | 71d 20.3% | 59d 36.6% | 93d 9.4% | 85d 4.9% | 81d 24.6% | 65d 11.0% | 73d 7.4% | 68d |
| Inventory Days | 113d 11.7% | 128d 10.3% | 116d 30.3% | 89d 34.8% | 66d 3.1% | 64d 16.9% | 77d 33.6% | 116d 65.7% | 70d 34.0% | 106d |
| Days Payable | 39d 21.9% | 32d 3.2% | 31d 72.2% | 18d 66.7% | 54d 22.7% | 44d 4.8% | 42d 30.0% | 60d 7.1% | 56d 1.8% | 55d |
| Cash Conv. Cycle | 163d 3.0% | 168d 7.7% | 156d 20.9% | 129d 22.9% | 105d 1.0% | 104d 10.3% | 116d 3.3% | 120d 37.9% | 87d 26.9% | 119d |
| Working Capital Days | 69d 42.5% | 120d 5.3% | 114d 28.1% | 89d 1.1% | 88d 0.0% | 88d 60.0% | 55d 17.0% | 47d 51.6% | 31d 26.2% | 42d |
| ROCE | 11.0% 0.0% | 11.0% 35.3% | 17.0% 52.8% | 36.0% 26.5% | 49.0% 40.0% | 35.0% 94.4% | 18.0% 25.0% | 24.0% 25.0% | 32.0% 6.7% | 30.0% |
Source: Screener.in · Lower days = better efficiency
About Balaji Amines Limited
Balaji Amines Ltd specialises in manufacturing Methylamines, Ethylamines, Derivatives of specialty chemicals and Pharma Excipients. These have been the main products, it also have facilities for the manufacturing of derivatives, which are down-stream products for various pharma/pesticide industries apart from user specific requirements. It is one of the largest manufacturers of aliphatic amines in India. [1]
ChemicalsChemicals & Petrochemicals