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Balaji Amines Limited

Balaji Amines Limited

BALAMINES.NS
Balaji Amines LimitedIN flagNational Stock Exchange of India
2,144.70
INR
-49.50
- -
69.49BMarket Cap
Balaji Amines Limited
BALAMINES.NS
(National Stock Exchange of India)

Recent

price

2,144.70

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
45,012
36,522
31,643

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 specializes in the manufacture and sale of methylamines, ethylamines, their amide and hydrochloride derivatives, specialty chemicals, and pharmaceutical excipients. Its core products include monomethylamine, dimethylamine, di-methyl acetamide, choline chloride, dimethyl urea, TEBAC, dimethylaminoethanol, N-methyl-2-pyrrolidone, N-ethyl-2-pyrrolidone, gamma butyrolactone, 2-pyrrolidone, morpholine, dimethyl formamide, acetonitrile, and various grades of polyvinylpyrrolidone (PVPK30), serving industries such as pharmaceuticals, agrochemicals, paints, resins, animal feed, oil and gas, rubber cleaning chemicals, dyes and textiles, pesticides, water treatment, cosmetics, explosives, and foundries. The company also manufactures downstream derivatives primarily for the pharmaceutical and pesticide sectors. Balaji Amines is India’s largest producer of aliphatic amines and the world's largest producer of dimethylamine hydrochloride (DMA-HCL). Founded in 1988 and headquartered in Solapur, Maharashtra, the company maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications and holds WHO GMP certification for certain products. It continues to expand product offerings in specialty chemicals with upcoming products like diethylene triamine, triethylene tetramine, piperazine, and ethylene diamine. Recent strategic developments include the commissioning of a new N-Butyl Amine manufacturing unit, ongoing projects for expanding methyl amine capacity (40,000 MT expected by end 2024), and a dimethyl ether (DME) unit anticipated to launch in early 2025 to serve as an alternative fuel. The company is also advancing a project to produce electronic-grade dimethyl carbonate (DMC) and plans to establish a 20-megawatt solar power plant in Solapur through a collaboration with the Maharashtra Industrial Development Corporation (MIDC). These expansions and innovations aim to strengthen the company’s specialty chemical segment and improve long-term growth prospects. Balaji Amines operates primarily in India but serves a global clientele through exports. Its strategic investments and diversification efforts underline a focus on increasing specialty chemicals production and sustainability initiatives. The company is publicly listed with the ticker BALAMINES.NS. This profile reflects Balaji Amines Limited’s comprehensive product portfolio, its industry leadership in amines and derivatives, and recent investments in capacity expansion and renewable energy projects aimed at driving future growth.