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Balaji Amines Ltd

(BALAMINES)

₹1984.450.56%

as on 04:01PM, 21 Nov 2024

🔔 Earnings Alert

Balaji Amines reports Q2FY25 results with net sales down 1.57% YoY, but net profit up 23.59% YoY.

Overview
News
Financials
Q2 2024 Results
Technicals

Balaji Amines Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Balaji Amines Ltd. An average target of ₹2569

Source: S&P Global Market Intelligence

Balaji Amines Ltd Share analysis

Balaji Amines Ltd price forecast by 1 analysts

Upside of28.73%

High

₹2569

Target

₹2569.00

Low

₹2569

Balaji Amines Ltd target price ₹2569, a slight upside of 28.73% compared to current price of ₹1984.45. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Balaji Amines Ltd Performance

  • Day's Low

    Day's High

    ₹1,973
    ₹1,997.95
  • 52 Week's Low

    52 Week's High

    ₹1,950.05
    ₹2,735
1 Month Return-6.8 %
3 Month Return-7.02 %
1 Year Return-1.7 %
Previous Close₹1,995.60
Open₹1,985.00
Volume25.29K
Upper Circuit-
Lower Circuit-
Market Cap₹6,465.94Cr

Balaji Amines Ltd Key Statistics

P/E Ratio32.06
PEG Ratio24.29
Market Cap₹6,465.94 Cr
P/B Ratio4.32
EPS71.7
Dividend Yield0.54
SectorChemicals
ROE11.67

Balaji Amines Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,465.94 Cr97.13%0.50₹232 Cr₹1,641 Cr
NA₹8,244.11 Cr38.81%0.56₹484 Cr₹7,929 Cr
BUY₹14,721.04 Cr107.04%0.74₹491 Cr₹6,419 Cr
HOLD₹6,987.93 Cr81.08%0.75₹95 Cr₹1,752 Cr
SELL₹6,005.20 Cr14%0.54₹164 Cr₹2,603 Cr

About Balaji Amines Ltd

Balaji Amines Ltd. (BAL) is an Indian manufacturer of ethyl and methyl amines and derivatives with four manufacturing facilities, three in Maharashtra and one in Telangana. Founded in 1988, they currently supply to major chemical companies like IDI, Hoechst, Rallis, and more. BAL was awarded ISO:9001 certification in 2001 and a Recognized Export House status from the Government of India Ministry of Commerce in 2003. In 2005, their product portfolio was further expanded with the addition of derivatives of methyl and ethyl amines. In 2006, Balaji Foundation and Research Centre was set up for rural population as part of the Corporate Social Responsibility (CSR) activity. BAL became the sole manufacturer of GBI, NMP, and Morpholine in the same year. In 2009, the company started power generation through windmills and launched the green technology of Balaji Sarovar Premiere, their five-star hotel, in 2013. Over the years, BAL has successfully diversified into producing and supplying clinical intermediates, chemicals, and lamps, along with commissioning various plants and projects such as a DMF manufacturing plant and a wind turbine. Furthermore, in 2021, BAL commenced operations in their greenfield project at Unit IV.

Share Price: ₹1984.45 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹6,465.94Cr as of today
Revenue: ₹346.88Cr as on September 2024 (Q3 24)
Net Profit: ₹41.45Cr as on September 2024 (Q3 24)
Listing date: 05 Apr, 2007
Chairperson Name: A Prathap Reddy
OrganisationBalaji Amines Ltd
Headquarters
IndustryChemicals
E-voting on sharesClick here to vote

Key events for Balaji Amines Ltd

  • Balaji Amines Reports Mixed Q2FY25 Financials - 21 Nov, 2024

    Balaji Amines' standalone net sales for September 2024 decreased by 1.57% YoY, while net profit increased by 23.59%. The company faces sluggish volume growth and pricing pressures.

  • Balaji Amines Faces Revenue Miss, Target Price Adjusted - 20 Nov, 2024

    KR Choksey maintains a BUY rating on Balaji Amines but lowers the target price to INR 2,328 due to revenue misses and higher depreciation expenses. FY26E EPS estimates are also reduced to INR 108.3. Despite challenges, growth is expected to accelerate from FY26E as new capacities come online.

  • Balaji Amines Reports Profit Growth Amid Revenue Decline - 15 Nov, 2024

    Balaji Amines Ltd announced an 18.2% increase in net profit for Q2 FY25, reaching ₹41 crore, despite an 8.8% drop in revenue. The company also successfully commissioned a new Methyl Amines plant and plans further expansions, including a ₹750 crore investment by its subsidiary, Balaji Speciality Chemicals.

  • Balaji Amines Announces Company Secretary Changes - 14 Nov, 2024

    Balaji Amines Limited has accepted the resignation of Mr. Lakhan S. Dargad as Company Secretary, effective December 30, 2024, and appointed Mr. Abhijeet S. Kothadiya in his place starting December 31, 2024.

Insights on Balaji Amines Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.11% to 0.14% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.05% to 5.27% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.70% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Gujarat Fluorochemicals Ltd has given 92.0% return, outperforming this stock by 126.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Gujarat Fluorochemicals Ltd has given 39.4% return, outperforming this stock by 41.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 68.03 Cr → 40.98 Cr (in ₹), with an average decrease of 20.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, BALAMINES stock has moved down by -34.1%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 422.69 Cr → 356.07 Cr (in ₹), with an average decrease of 8.2% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 39.67% to 39.24% in Sep 2024 quarter

Balaji Amines Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹380.54Cr (-)₹383.36Cr (↑0.74%)₹413.94Cr (↑7.98%)₹384.75Cr (↓7.05%)₹346.88Cr (↓9.84%)
Net Income₹36.37Cr (-)₹55.77Cr (↑53.34%)₹72.48Cr (↑29.96%)₹45.56Cr (↓37.14%)₹41.45Cr (↓9.02%)
Net Profit Margin9.56% (-)14.55% (↑52.20%)17.51% (↑20.34%)11.84% (↓32.38%)11.95% (↑0.93%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,291.78Cr (-)₹1,484.47Cr (↑14.92%)₹1,551.32Cr (↑4.50%)₹1,736.58Cr (↑11.94%)
Total Liabilities₹394.37Cr (-)₹292.08Cr (↓25.94%)₹150.99Cr (↓48.31%)₹202.19Cr (↑33.91%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹147.53Cr (-)₹93.92Cr (↓36.34%)₹175.86Cr (↑87.24%)₹187.01Cr (↑6.34%)₹170.05Cr (↓9.07%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE Commodities

₹7,075.72

-1.55 (-111.08%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Balaji Amines Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.7%
0.00
Foreign Institutions
5.27%
4.46
Mutual Funds
0.14%
35.17
Retail Investors
39.24%
-1.08
Others
1.65%
11.30

Balaji Amines Ltd Key Indicators

Details20202021202220232024
Return On Equity %18.3129.6129.4717.5511.67
Details20202021202220232024
Return On Assets %9.4918.4424.8220.9811.8
Details20202021202220232024
Book Value Per Share (₹)203.12276.04385.74479.69531.42
Details20202021202220232024
Earning Per Share (₹)30.0875.15128.98125.2171.7

Balaji Amines Ltd Valuation

Balaji Amines Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.87x)

August 5, 2019

Today (32.06x)

November 19, 2024

Industry (56.93x)

November 19, 2024

Highest (54.52x)

September 14, 2021

LowHigh

Balaji Amines Ltd Earnings and Dividends

  • Balaji Amines Ltd Earnings Results

    Balaji Amines Ltd’s net profit jumped 18.06% since last year same period to ₹40.98Cr in the Q2 2024-2025. On a quarterly growth basis, Balaji Amines Ltd has generated -5.34% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Balaji Amines Ltd Dividends May,2024

    In the quarter ending March 2024, Balaji Amines Ltd has declared dividend of ₹11 - translating a dividend yield of 1.06%.

    Read More about Dividends

Balaji Amines Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Balaji Amines Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Balaji Amines Ltd

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Balaji Amines Ltd (BALAMINES) share price today is ₹1984.45

Balaji Amines Ltd is listed on NSE

Balaji Amines Ltd is listed on BSE

  • Today’s highest price of Balaji Amines Ltd is ₹1997.95.
  • Today’s lowest price of Balaji Amines Ltd is ₹1973.

PE Ratio of Balaji Amines Ltd is 32.06

PE ratio = Balaji Amines Ltd Market price per share / Balaji Amines Ltd Earnings per share

Today’s traded volume of Balaji Amines Ltd(BALAMINES) is 25.29K.

Today’s market capitalisation of Balaji Amines Ltd(BALAMINES) is ₹6465.94Cr.

Balaji Amines Ltd(BALAMINESPrice
52 Week High
₹2735
52 Week Low
₹1950.05

Balaji Amines Ltd(BALAMINES) share price is ₹1984.45. It is down -27.44% from its 52 Week High price of ₹2735

Balaji Amines Ltd(BALAMINES) share price is ₹1984.45. It is up 1.76% from its 52 Week Low price of ₹1950.05

Balaji Amines Ltd(BALAMINESReturns
1 Day Returns
-11.15%
1 Month Returns
-6.8%
3 Month Returns
-7.02%
1 Year Returns
-1.7%