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Balaji Amines Overview

Balaji Amines Ltd is an totally India-based organisation, that's engaged in the production of Aliphatic Amines, their derivatives and speciality chemical substances. The Company is running a 5 star hotel, Balaji Sarovar Premiere. It operates thru segments: Amines & Speciality Chemicals, and Hotel. The Company manufactures methylamines, ethylamines, derivatives of speciality chemical compounds and natural merchandise. Its amines merchandise include MONOMETHYLAMINE (MMA), DIMETHYLAMINE (DMA) and TRIMETHYLAMINE (TMA). Its speciality chemical comp...Read More

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Balaji Amines Key Financials

Market Cap ₹4052 Cr.

Stock P/E 25.6

P/B 2.1

Current Price ₹1250.6

Book Value ₹ 590.3

Face Value 2

52W High ₹1946

Dividend Yield 0.88%

52W Low ₹ 905.2

Balaji Amines Share Price

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Volume
Price

Balaji Amines Quarterly Price

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Balaji Amines Peer Comparison

Balaji Amines Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 381 383 414 385 347 313 353 358 341 331
Other Income 7 8 9 8 9 8 8 9 7 5
Total Income 387 392 423 393 356 321 361 367 348 336
Total Expenditure 327 309 316 319 286 267 293 304 281 275
Operating Profit 61 83 106 74 70 54 68 64 67 62
Interest 2 2 1 1 1 1 1 1 1 2
Depreciation 11 11 12 12 12 12 13 14 14 14
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 48 70 93 62 57 41 54 49 52 46
Provision for Tax 12 14 20 16 15 10 13 12 15 15
Profit After Tax 36 56 72 46 41 31 40 37 37 31
Adjustments -2 -6 -4 -2 -0 2 -0 1 -3 1
Profit After Adjustments 35 49 68 43 41 33 40 38 35 31
Adjusted Earnings Per Share 10.7 15.2 21 13.4 12.6 10.2 12.4 11.7 10.7 9.7

Balaji Amines Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 619 643 670 861 943 936 1311 2323 2355 1642 1397 1383
Other Income 4 6 9 12 6 8 11 15 15 30 33 29
Total Income 623 649 679 873 949 944 1323 2338 2371 1671 1430 1412
Total Expenditure 517 520 521 679 751 758 944 1700 1746 1318 1165 1153
Operating Profit 106 129 158 194 198 186 379 637 624 353 265 261
Interest 35 22 13 9 13 23 18 17 12 6 4 5
Depreciation 20 19 20 19 20 32 34 42 46 45 48 55
Exceptional Income / Expenses 0 0 1 1 0 0 0 0 0 0 0 0
Profit Before Tax 51 88 126 166 165 131 327 578 567 302 213 201
Provision for Tax 18 30 43 53 48 34 83 160 161 69 55 55
Profit After Tax 33 58 82 113 117 97 243 418 406 232 159 145
Adjustments 1 0 0 0 0 7 -5 -49 -80 -27 -1 -1
Profit After Adjustments 34 58 82 113 118 105 238 368 326 205 158 144
Adjusted Earnings Per Share 10.6 17.8 25.4 34.9 36.3 32.3 73.5 113.7 100.5 63.2 48.6 44.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -15% -16% 8% 8%
Operating Profit CAGR -25% -25% 7% 10%
PAT CAGR -31% -28% 10% 17%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -7% -17% -10% 20%
ROE Average 9% 17% 24% 23%
ROCE Average 12% 23% 31% 28%

Balaji Amines Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 228 278 362 467 574 658 894 1250 1554 1722 1845
Minority's Interest 2 2 0 18 18 10 16 65 144 171 173
Borrowings 75 46 17 42 83 120 89 58 30 11 2
Other Non-Current Liabilities 61 63 57 64 62 60 69 72 85 94 102
Total Current Liabilities 256 216 199 257 308 264 243 301 149 149 130
Total Liabilities 623 605 635 848 1046 1113 1310 1745 1963 2146 2252
Fixed Assets 341 341 325 316 320 573 543 676 775 891 998
Other Non-Current Assets 6 19 30 177 276 79 190 162 155 258 313
Total Current Assets 276 245 280 355 449 461 577 907 1032 997 941
Total Assets 623 605 635 848 1046 1113 1310 1745 1963 2146 2252

Balaji Amines Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 10 7 9 3 24 20 9 17 33 96 81
Cash Flow from Operating Activities 56 85 60 140 94 144 110 220 354 334 255
Cash Flow from Investing Activities -4 -29 -10 -135 -119 -130 -62 -147 -210 -274 -139
Cash Flow from Financing Activities -55 -54 -55 16 21 -26 -37 -57 -81 -75 -49
Net Cash Inflow / Outflow -3 2 -5 21 -4 -12 11 16 63 -15 68
Closing Cash & Cash Equivalent 7 9 3 24 20 9 20 33 96 81 149

Balaji Amines Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 10.58 17.78 25.42 34.93 36.27 32.34 73.51 113.71 100.47 63.22 48.62
CEPS(Rs) 16.44 23.76 31.5 40.88 42.17 39.84 85.77 141.94 139.27 85.7 63.9
DPS(Rs) 1.2 2 2.2 2.6 2.8 3.2 4 6 10 11 11
Book NAV/Share(Rs) 70.34 85.87 111.87 143.99 177.13 202.99 275.94 385.74 479.69 531.42 569.44
Core EBITDA Margin(%) 15.1 17.66 20.41 20.81 20.31 18.97 28.06 26.77 25.82 19.71 16.57
EBIT Margin(%) 12.76 15.77 18.98 20 18.88 16.47 26.3 25.59 24.53 18.75 15.49
Pre Tax Margin(%) 7.58 12.6 17.2 18.96 17.5 14.01 24.9 24.86 24.02 18.36 15.22
PAT Margin (%) 4.93 8.25 11.27 12.94 12.42 10.42 18.57 17.96 17.19 14.14 11.32
Cash Profit Margin (%) 7.91 11.03 13.97 15.15 14.49 13.8 21.19 19.77 19.13 16.91 14.78
ROA(%) 5.34 9.39 13.29 15.27 12.37 9.03 20.1 27.35 21.88 11.31 7.21
ROE(%) 15.48 22.77 25.71 27.31 22.51 15.83 31.38 38.98 28.94 14.18 8.89
ROCE(%) 18.16 23.56 30.19 32.21 25.09 17.94 35.58 50.21 39.08 18.37 12.06
Receivable days 67.97 63.7 62.11 61.97 65.78 73.07 71.4 70.12 74.72 77.47 77.48
Inventory Days 54.99 49.77 44.22 39.25 48.82 53.04 30.44 26.07 40.62 65.52 73.05
Payable days 67.96 49.2 53.28 48.49 55.56 51.29 39.43 38.47 35.6 28.27 34.34
PER(x) 7.66 10.04 14.94 16.11 13.48 7.76 23.98 25.52 19.34 32.33 24.83
Price/Book(x) 1.15 2.08 3.39 3.91 2.76 1.24 6.39 7.52 4.05 3.85 2.12
Dividend Yield(%) 1.48 1.12 0.58 0.46 0.57 1.28 0.23 0.21 0.51 0.54 0.91
EV/Net Sales(x) 0.83 1.15 1.99 2.27 1.9 1.14 4.44 4.07 2.6 3.84 2.55
EV/Core EBITDA(x) 4.82 5.73 8.45 10.08 9.07 5.73 15.34 14.83 9.8 17.83 13.45
Net Sales Growth(%) 1.42 3.94 4.25 28.45 9.5 -0.77 40.15 77.12 1.4 -30.31 -14.89
EBIT Growth(%) 11.41 28.12 25.9 26.15 1.83 -13.45 123.75 72.63 -2.79 -46.79 -29.57
PAT Growth(%) -0.93 73.55 42.94 37.44 3.45 -16.76 149.82 71.63 -2.92 -42.74 -31.73
EPS Growth(%) 2.28 68.11 42.94 37.44 3.85 -10.84 127.29 54.67 -11.64 -37.07 -23.11
Debt/Equity(x) 1.12 0.62 0.29 0.33 0.4 0.39 0.14 0.08 0.04 0.01 0.01
Current Ratio(x) 1.08 1.14 1.4 1.38 1.46 1.74 2.38 3.02 6.91 6.7 7.26
Quick Ratio(x) 0.64 0.78 0.91 1.03 0.93 1.33 1.92 2.28 4.89 4.78 5.14
Interest Cover(x) 2.46 4.97 10.72 19.34 13.67 6.69 18.85 34.82 48.35 47.81 58.66
Total Debt/Mcap(x) 0.97 0.3 0.09 0.08 0.14 0.32 0.02 0.01 0.01 0 0

Balaji Amines Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 53.7 53.7 53.7 53.7 53.7 54.62 54.59 54.59 54.59 54.59
FII 4.57 4.92 5.05 5.27 5.16 5.08 5 4.52 3.3 2.98
DII 1.43 1.48 1.59 1.79 1.66 1.48 1.47 1.52 1.53 1.46
Public 40.3 39.9 39.67 39.24 39.48 38.82 38.95 39.37 40.58 40.97
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Balaji Amines News

Balaji Amines Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 28.27 to 34.34days.
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