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Balaji Amines Limited

Balaji Amines Limited

BALAMINES.BO
Balaji Amines LimitedIN flagBombay Stock Exchange
2,145.70
INR
-57.10
- -
69.09BMarket Cap
Balaji Amines Limited
BALAMINES.BO
(Bombay Stock Exchange)

Recent

price

2,145.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
110.21
138.74
157.96
188.28
185.1
198.48
206.96
265.79
291.06
288.77
404.74
711.77
719.62
496.39
427.71
432.11
440.06
Revenue per Share
8.21
11
9.62
10.34
10.25
17.78
25.42
34.93
36.27
32.34
73.51
113.71
100.47
63.22
48.62
51.6
51.63
Basic EPS, GAAP
-19.41
-2.02
1.4
17.78
14.25
16.24
14.45
9.02
-23.33
25.44
-6.82
22.03
72.15
21.14
14.98
-109.83
- -
Free Cash Flow per Basic Share
0.5
0.6
0.8
1.3
0.97
1.2
2
2.65
3.13
6.52
0.6
4
6
10
11
11
- -
Dividend per Share
2
38.35
45.5
53.63
58.25
76.6
96.95
125.72
155.22
177.52
243.29
343.52
430.44
476.87
510.08
545.52
545.85
Book Value per Share
34.71
44.78
52.89
62.06
68.76
88.88
111.88
149.7
182.71
206.26
280.82
405.82
524.13
583.72
621.96
663.2
663.6
Tangible Book Value per Share
32
32
32
32
33
32
32
32
32
32
32
32
32
32
32
32
32
Basic Weighted Avg Shares
3,571
4,495
5,118
6,101
6,189
6,431
6,705
8,612
9,431
9,358
13,115
23,061
23,316
16,083
13,858
14,001
14,250
Sales/Revenue/Turnover
3.76
15.81
13.4
11.61
13.4
16.23
19.3
18.9
18.24
15.6
25.64
25.19
24.29
17.4
13.34
14.93
14.67
Operating Margin (%)
83
104
127
165
201
194
197
193
196
316
344
420
456
454
484
564
564
Depreciation Expense
266
356
312
335
343
576
824
1,132
1,175
1,048
2,382
3,684
3,255
2,049
1,575
1,672
1,672
Net Income, GAAP
38.1
- -
32.16
26.56
34.99
34.5
34.48
31.75
29.06
25.65
25.44
27.73
28.43
22.97
25.62
27.24
27.24
Effective Tax Rate (%)
7.45
7.93
6.09
5.49
5.54
8.96
12.28
13.14
12.46
11.2
18.16
15.98
13.96
12.74
11.37
11.94
11.73
Profit Margin (%)
1,319
458
214
17
194
370
805
980
2,129
1,963
3,343
6,064
8,833
8,483
8,112
5,389
5,389
Working Capital
6
861
1,037
889
748
464
168
425
833
1,199
888
576
303
106
19
652
652
LT Debt
1,125
1,451
1,714
2,011
2,299
2,880
3,625
4,851
5,920
6,684
9,099
13,149
16,982
18,932
20,184
21,517
21,517
Total Equity
5.52
- -
11.99
11.92
10.98
13.77
16.9
18.42
15.57
11.87
24.16
33
25.46
11.71
6.96
7.02
6.92
Return on Invested Capital (%)
61.75
- -
13.66
13.73
12.61
16.25
21.36
23.64
18.98
16.16
27.85
29.64
17.48
10.83
8.82
8.57
14.78
Return on Capital (%)
410.32
54.53
22.95
20.86
18.6
26.01
29.29
31.38
25.82
19.44
34.94
38.75
25.96
13.94
9.85
9.78
18.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
311
- -
681
LT Borrowings
- -
- -
648
LT Finance Leases
3
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
- -
32
Market Capitalization
45,082
36,444
31,637

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
8,489
- -
9,409
Cash, Cash Equivalents & STI
1,862
- -
2,698
Accounts Receivable, Net
2,870
- -
3,459
Inventories
2,975
- -
2,471
Total Current Liabilities
1,642
- -
4,020
Payables & Accruals
- -
- -
- -
ST Debt
311
- -
681
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.91%
19.67%
6.61%
Free Cash Flow
-187.15%
-225.69%
-833.15%
Net Income, GAAP
18.97%
-2.2%
6.14%
Sales/Revenue/Turnover
11.47%
6.62%
1.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,637
3,805
3,834
3,808
16,083
2025
3,847
3,469
3,127
3,527
13,858
2026
3,583
3,406
3,313
3,948
14,001

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.28
10.71
15.24
- -
63.22
2025
13.36
12.65
10.24
12.36
48.62
2026
11.73
10.67
9.49
19.99
51.6

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
11
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Business
Balaji Amines Limited (BALAMINES.BO), founded in 1988 and headquartered in Solapur, Maharashtra, India, stands as one of India's leading manufacturers of aliphatic amines and specialty chemicals. The company specializes in methylamines (mono, di, tri) and ethylamines (mono, di, tri), along with their hydrochloride derivatives; amine derivatives including dimethyl urea, choline chloride, TEBAC, dimethylaminoethanol, and diethylaminoethanol; specialty chemicals such as dimethylacetamide, N-methyl-2-pyrrolidone, N-ethyl-2-pyrrolidone, gamma butyrolactone, 2-pyrrolidone, morpholine, dimethylformamide, acetonitrile, dimethyl carbonate, propylene glycol, and propylene carbonate; and pharma excipients notably Poly Vinyl Pyrrolidone (PVPK30, WHO GMP certified). Balaji Amines operates multiple manufacturing facilities across Maharashtra and Telangana, serving pharmaceutical, agrochemical, pesticide, animal feed, paint and resin, oil and gas, rubber cleaning, dye and textile industries with products that meet EU REACH registration and international quality standards under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. Recent developments include the commencement of commercial production at a new methylamines plant in November 2024; operationalization of electronic grade DMC for EV batteries, dimethyl ether (DME) for aerosol and LPG blending applications, and an 8 MW solar power facility in phase one of a 20 MW greenfield project during FY2025; receipt of BIS certification for morpholine; and proposed expansions into N-methyl morpholine (5,000 TPA), N-(n-butyl) thiophosphoric triamide (NBPT, 2,500 TPA), and isopropylamine (mono and di), all funded through internal accruals while maintaining zero standalone debt.