B

Balaji Amines Limited

BALAMINESNSE
Market snapshot · 2026-08-11 01:32 UTC

2,046.10

+₹16.50 (+0.81%)

MARKET CAP

₹6.63K Cr

STOCK P/E

32.5x

52W HIGH

₹2,443.60

52W LOW

₹968.10

BOOK VALUE

₹610.00

EPS

₹62.92

ROE

SECTOR

Materials

DEBT/EQUITY

6.19

VOLUME

1.23L

P/B RATIO

3.35x

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.

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: 19.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
MADHYA BHARAT AGRO P. LTD
MBAPLFertilizers & Agro Chemicals
+1.6%8.2%
47.9x
Premium
+143% vs avg
+85.7%
KRISHANA PHOSCHEM LIMITED
KRISHANAFertilizers & Agro Chemicals
+34.6%7.7%
31.5x
Premium
+60% vs avg
+66.4%
BAYER CROPSCIENCE LTD
BAYERCROPFertilizers & Agro Chemicals
-4.2%13.1%
25.5x
Premium
+29% vs avg
-25.8%
CHAMBAL FERTILIZERS LTD
CHAMBLFERTFertilizers & Agro Chemicals
-11.8%9.6%
9.4x
Undervalued
-52% vs avg
-13.7%
SHARDA CROPCHEM LTD.
SHARDACROPFertilizers & Agro Chemicals
+4.9%11.9%
11.7x
Undervalued
-41% vs avg
-16.9%
GUJ NAR VAL FER & CHEM L
GNFCFertilizers & Agro Chemicals
+39.8%12.3%
7.7x
Undervalued
-61% vs avg
+7.4%
GUJ STATE FERT & CHEM LTD
GSFCFertilizers & Agro Chemicals
+37.0%6.1%
9.6x
Undervalued
-51% vs avg
-21.4%
PARADEEP PHOSPHATES LTD
PARADEEPFertilizers & Agro Chemicals
+63.1%4.6%
14.5x
Undervalued
-26% vs avg
-34.4%
WHY THESE PEERS

BALAJI AMINES LIMITED trades at a premium (32.5x vs peer avg 19.7x), 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