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Balaji Amines Limited

Balaji Amines Limited

NSE: BALAMINES
Specialty ChemicalsBasic MaterialsSMALL CAPMCap ₹6.70k Cr
₹2,067.00₹23.60 (+1.15%)

Market Closed • NSE

Market cap₹6.70k Cr
Enterprise value₹6.66k Cr
P/E TTM32.66
Forward P/E22.53
P/B3.39
EPS TTM₹63.28
Forward EPS₹91.75
ROCE11.00%
D/E6.19
Dividend yield0.01%
Face value₹2.00
52W high₹2,629.80
52W low₹968.10
Price chart(1Y)
1Y Return:-3.09% (₹66.00)
H: ₹2,629.8L: ₹1,885
1W+0.23%
1M-3.81%
3M-12.66%
6M+66.70%
1Y+51.41%
Today at a glance

Day range

₹2,040.10₹2,088.90

52 week range

₹968.10₹2,629.80
Volume78.9K0.26x 20D avg
Free float50.00%-73.70% volume

Balaji Amines Limited closed at INR2067.00 (+1.15%) on volume 0.26x its 20-day average, trading 21.4% below its 52-week high.

Technical analysis
RSI (14)45.0Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹100.46High
SMA 20₹2,122.88BEARISH
SMA 50₹2,200.72BEARISH
SMA 100₹2,175.26BEARISH
SMA 200₹1,698.58BULLISH
CPR bottom₹2,070.10
Pivot₹2,061.20
CPR top₹2,052.30
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +20% QoQ

2026-07-03

DIVIDEND Announced

Dividend - Rs 11 Per Share

2025-08-01

DIVIDEND Announced

Dividend - Rs 11 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹133.0 Cr₹6.70k Cr1.99%≤ 33%PASS
Non-halal income ratio–₹1.42k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹2.74k Cr—≥ 20%PASS
Receivables ratio–₹2.74k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E32.6621.90
Forward P/E22.53—
P/B3.392.20
EV/EBITDA25.1018.00
PEG—1.00
Earnings yield3.104.60
Growth & profitability
RevenuePAT
FY25PAT margin 11.30%
FY26PAT margin 11.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-0.10%
Revenue CAGR 5Y+0.50%
PAT CAGR 3Y+0.40%
PAT CAGR 5Y+1.40%
Operating margin22.39%
Net margin13.41%
Financial health & cash flow
Net debt₹133.0 CrHealthy
Interest coverage53.00xEBIT / interest
CFO / PAT1.09x3Y average
Net debt / EBITDA0.50xLeverage
Operating cash flow₹184.0 Cr
Capital expenditure–
Free cash flow₹184.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall70/100
Valuation50/100
Profitability65/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.06x

High Cash Flow Conversion: CFO/PAT averaged 1.09x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Chemicals.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
6.57%Institutional holding
38.83%Public holding
5Periods available
0.00%Promoter pledged
1.27LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
03 Jul 2026Dividend₹11.00 / share—03 Jul 2026
01 Aug 2025Dividend₹11.00 / share—01 Aug 2025
—Dividend₹11.00 / share—04 Jul 2024
—Dividend₹10.00 / share—03 Jul 2023
—Dividend₹6.00 / share—21 Jun 2022
—Dividend₹4.00 / share—29 Jul 2021
—Dividend₹0.60 / share—30 Jul 2020
18 Mar 2020Dividend₹2.60 / share—17 Mar 2020
—Dividend₹2.80 / share—17 Jul 2019
—Dividend₹2.60 / share—20 Aug 2018
—Dividend₹2.20 / share—20 Jul 2017
—Dividend₹2.00 / share—21 Jul 2016
—Dividend₹1.20 / share—15 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)32.15%-0.36% latest vs average
Highest delivery44.17%on 01 Oct
Average volume (20D)299.9KTrading-session average
Conviction trendWeakening-0.36% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Balaji Amines Limited
Balaji Amines Limited

Incorporate in 1989, Balaji Amines Ltd is engaged in manufacturing of specialty chemicals, aliphatic amines, and derivatives, along with ownership of a five-star hotel in Solapur, Maharashtra.[1]

IndiaBasic Materials

Questions investors ask
Is Balaji Amines Limited Shariah compliant?

Balaji Amines Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.99%) complies with AAOIFI threshold (≤ 33%).

What is Balaji Amines Limited's current valuation relative to peers?

Balaji Amines Limited trades at a P/E of 32.7x compared to the sector median of 21.9x, and a Price-to-Book of 3.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.06x and a Net Debt to EBITDA ratio of 0.5x. Interest coverage is 53x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0.5% while net profit growth averaged 1.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.