B

Balaji Amines Limited

BALAMINESNSE
Market snapshot · 2026-08-11 12:31 UTC

2,123.70

+₹77.60 (+3.79%)

MARKET CAP

₹6.88K Cr

STOCK P/E

33.7x

52W HIGH

₹2,443.60

52W LOW

₹968.10

BOOK VALUE

₹610.00

EPS

₹63.02

ROE

SECTOR

Materials

DEBT/EQUITY

6.19

VOLUME

2.50L

P/B RATIO

3.48x

PEG RATIO

0.33

Sector

Materials

Themes

Fertilizers & Agro Chemicals
D
Dividend
E
Earnings
₹2,414.90₹2,060.17₹1,705.44₹1,350.70₹995.97VolumeEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Balaji Amines is a specialty chemicals manufacturer supplying methylamines, ethylamines, derivatives, and pharma excipients in India and overseas. Chemicals drive the business through products including N-methyl pyrrolidone, morpholine, acetonitrile, dimethylformamide, and propylene carbonate. The Hotel segment remains a separate, smaller business, while no major recent development offers a clear margin or growth catalyst. Revenue grew 1.0% year-on-year, while profit increased 6.1%; declining margins indicate earnings growth is not supported by operating expansion. ROE is unavailable, but debt/equity of 6.19 implies substantial leverage can amplify reported returns and increase financial risk. At 32.3 times earnings, the stock appears rich relative to 1% revenue growth, with margin compression and high leverage limiting upside. Neutral sentiment reflects the absence of a near-term catalyst and an open question over demand recovery.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for BALAMINES.

3.00 analysts

Price Forecast

Current
₹2,124
High Target
₹3,327
▲ +56.7%
Median Target
₹1,596
▼ -24.8%
Low Target
₹1,334
▼ -37.2%
Now₹2,124High ₹3,327Median ₹1,596Low ₹1,334Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,502 - ₹2,95080%
6M₹1,295 - ₹3,36280%
12M₹1,044 - ₹4,02580%
Realized vol: +52.6% · Drift: +10.3%

Revenue Forecast

₹ Cr
Jun '26Current₹423.0
Sep 2026 ETrend estimate range
High₹384.5Base₹356.1Low₹327.6
Sep '25: ₹309.0 · Dec '25: ₹301.0 · Mar '26: ₹362.0 · Jun '26: ₹423.0 · Sep '26: ₹356.1 · Dec '26: ₹346.8
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E309.0301.0362.0423.0356.1346.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹22.26
Sep 2026 ETrend estimate range
High₹15.53Base₹13.87Low₹12.20
Sep '25: ₹9.71 · Dec '25: ₹10.01 · Mar '26: ₹19.10 · Jun '26: ₹22.26 · Sep '26: ₹13.87 · Dec '26: ₹14.29
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E9.7110.0119.1022.2613.8714.29
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
67%
Analyst Consensus
Unavailable

From 3 analysts

Mean upside-1.8%

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 99.6.

Valuation

Fairly valued

Valuation institutional score is 54 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 16 using mean target upside -1.8%; dispersion penalty 30; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 89 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Fairly valuedAnalyst Consensus WeakeningTechnical Structure Strong Trend

Key Data Points

Mean Target Price2,085.7 target
Mean Upside-1.8%
Technical Score89%
Fundamental Score100%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 2.2% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.53). Confidence: 75%.

Live forward EPS implies next-12-month EPS of ₹91.75. Applying the stock's normalized valuation corridor produces a fair range of ₹2,023.09 to ₹3,170.88, with base value near ₹2,896.55 (+41.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹91.75

Forward P/E

22.3x

Base Fair Value

₹2,896.55

Fair Range

₹2,023.09 - ₹3,170.88

Upside To Base

+41.6%

Estimate Source

Live forward EPS

Growth Estimate

+97.2%

P/E
Overvalued

5Y Average

34.87

Current

32.26

Overvalued

34.56

Undervalued

22.05

EV/EBITDA
Undervalued

5Y Average

21.61

Current

20.15

Overvalued

26.49

Undervalued

17.36

P/B
Strongly Overvalued

5Y Average

2.53

Current

3.35

Overvalued

2.91

Undervalued

2.15

Peers & Comparison

Sector: Materials · Theme: Fertilizers & Agro Chemicals

Fertilizers & Agro Chemicals Peers8 peers
Avg P/E: 19.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
MADHYA BHARAT AGRO P. LTD
MBAPLFertilizers & Agro Chemicals
+1.6%8.2%
46.4x
Premium
+138% vs avg
+94.9%
KRISHANA PHOSCHEM LIMITED
KRISHANAFertilizers & Agro Chemicals
+34.6%7.7%
32.0x
Premium
+64% vs avg
+73.3%
BAYER CROPSCIENCE LTD
BAYERCROPFertilizers & Agro Chemicals
-4.2%13.1%
25.3x
Premium
+30% vs avg
-26.3%
CHAMBAL FERTILIZERS LTD
CHAMBLFERTFertilizers & Agro Chemicals
-11.8%9.6%
9.2x
Undervalued
-53% vs avg
-15.9%
SHARDA CROPCHEM LTD.
SHARDACROPFertilizers & Agro Chemicals
+4.9%11.9%
11.6x
Undervalued
-41% vs avg
-17.0%
GUJ NAR VAL FER & CHEM L
GNFCFertilizers & Agro Chemicals
+39.8%12.3%
7.6x
Undervalued
-61% vs avg
+9.1%
GUJ STATE FERT & CHEM LTD
GSFCFertilizers & Agro Chemicals
+37.0%6.1%
9.6x
Undervalued
-51% vs avg
-20.7%
PARADEEP PHOSPHATES LTD
PARADEEPFertilizers & Agro Chemicals
+63.1%4.6%
14.7x
Undervalued
-25% vs avg
-28.9%
WHY THESE PEERS

BALAJI AMINES LIMITED trades at a premium (33.7x vs peer avg 19.5x), implying higher growth or quality expectations from the Fertilizers & Agro Chemicals cohort. Peers include MADHYA BHARAT AGRO P. LTD, KRISHANA PHOSCHEM LIMITED, BAYER CROPSCIENCE LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹423 CrJun 2026

Latest net profit

₹72 CrJun 2026

Latest EPS

₹22.26Jun 2026

Net margin

24.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%6.0%12.0%18.0%24.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹6₹12₹18₹24
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-700 Cr0.00 Cr700 Cr1.40K Cr2.10K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +337325308367333320299322319309301362423
Expenses +286277250278274262248264263259246276319
Operating Profit524858895958525856505586103
OPM %15%15%19%24%18%18%17%18%18%16%18%24%24%
Other Income +4566565677586
Interest0111010000010
Depreciation88899910101112121112
Profit before tax47445685555447535245488298
Tax %27%26%25%26%26%26%24%25%24%30%32%25%26%
Net Profit +34334263414036404031326272
EPS in Rs10.6410.0912.8219.3212.5112.4711.0212.2212.289.7110.0119.1022.26
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +54.59%54.59%54.59%54.59%54.56%
FIIs +5.00%4.53%3.30%2.99%3.17%
DIIs +1.46%1.52%1.53%1.46%1.58%
Public +38.96%39.37%40.59%40.96%40.69%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Jul 29, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 28, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Jul 27, 2026PDFCompany Reports Open

Board Meeting Outcome for Board Meeting Outcome

Jul 27, 2026PDFCompany Reports Open