Balaji Amines Limited (BALAMINES) AI Stock Analysis

• Market Cap: ₹45.54B
• Dividend Yield: 0.95%
• Average Volume (3M): 3.13K
• Price to Earnings (P/E): 29.9
• Beta (1Y): 1.54
• Revenue Growth: -10.76%
• EPS Growth: -27.70%
• Country: IN
• Employees: 1,084
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 10.20
• Shares Outstanding: 32,401,000
• 10 Day Avg. Volume: 2,179
• 30 Day Avg. Volume: 3,132
• PEG Ratio: -1.11
• Price to Book (P/B): 2.20
• Price to Sales (P/S): 2.91
• P/FCF Ratio: 46.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹1,330.00 ▲(15.37% Upside)

Balaji Amines' overall stock score is primarily influenced by its strong financial performance, which is offset by bearish technical indicators and a relatively high valuation. The company's financial stability is a positive, but technical analysis suggests caution due to negative market momentum.

Positive Factors

Business Model Strength

The company's focus on specialty chemicals, especially amines, provides a strong business model with diversified applications across multiple industries, ensuring consistent demand.

Balance Sheet Health

A robust balance sheet with low leverage enhances financial stability, providing flexibility for future investments and growth opportunities.

Cash Generation Ability

Strong cash generation supports ongoing operations and investment in growth initiatives, contributing to long-term sustainability.

Negative Factors

Revenue Growth Challenges

A decline in revenue growth indicates potential market challenges or increased competition, which could impact future profitability and market position.

Earnings Pressure

Negative EPS growth suggests earnings pressure, possibly due to market conditions or operational inefficiencies, affecting investor confidence and financial performance.

Market Conditions

Contraction in revenue and net income highlights potential market headwinds or competitive pressures, necessitating strategic adjustments to maintain growth.

Balaji Amines Limited Business Overview & Revenue Model

Company Description

Balaji Amines Limited (BALAMINES) is a leading manufacturer of specialty chemicals, primarily focusing on amines and their derivatives. The company operates in various sectors, including pharmaceuticals, agrochemicals, and personal care products, providing essential raw materials that cater to diverse industrial applications. BALAMINES offers a wide range of products, including methylamines, ethylamines, and other specialty amines, which are integral to the production of various chemical formulations.

How the Company Makes Money

Balaji Amines generates revenue through the production and sale of its specialty chemicals, particularly amines and their derivatives. The company has established a strong revenue model based on a diverse customer base spanning multiple industries, including pharmaceuticals, agrochemicals, and personal care. Key revenue streams include the sale of high-demand products such as methylamines and ethylamines, which are utilized in numerous applications from drug manufacturing to agricultural chemicals. Additionally, BALAMINES benefits from long-term partnerships with major players in its target sectors, ensuring consistent demand for its products. The company also focuses on research and development to innovate and expand its product offerings, further enhancing its market position and revenue potential.

Balaji Amines Limited Financial Statement Overview

Summary

Balaji Amines demonstrates strong financial health with a stable balance sheet and consistent cash flow generation. Despite revenue pressures, the company maintains profitability, indicating good operational efficiency. However, addressing revenue challenges is crucial for long-term growth.

Income Statement

Balaji Amines has shown resilience in its income statement despite revenue fluctuations. The Gross Profit Margin and Net Profit Margin have been reasonably stable, reflecting effective cost management. However, the recent contraction in revenue and net income suggests challenges in market conditions or competition.

Balance Sheet

The balance sheet is strong, with a low Debt-to-Equity Ratio indicating conservative financial leverage. The equity ratio is robust, showcasing a solid capital structure. However, the company should watch for any increase in liabilities that could affect its financial stability.

Cash Flow

Cash flow metrics reveal effective cash management, with positive Free Cash Flow indicating the ability to sustain operations and investments. While the Operating Cash Flow to Net Income ratio is healthy, the company must focus on improving cash flow growth to support future expansions.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.71B	13.97B	16.08B	23.38B	23.20B	13.11B
Gross Profit	5.59B	4.88B	3.50B	8.39B	8.57B	5.39B
EBITDA	2.55B	2.65B	3.53B	6.24B	6.36B	3.79B
Net Income	1.52B	1.58B	2.05B	3.26B	3.68B	2.38B
Balance Sheet
Total Assets	0.00	22.52B	21.46B	19.63B	18.75B	13.10B
Cash, Cash Equivalents and Short-Term Investments	3.50B	3.50B	3.31B	3.09B	515.37M	173.23M
Total Debt	0.00	110.27M	196.97M	575.74M	1.01B	1.27B
Total Liabilities	-20.18B	2.34B	2.53B	2.65B	5.60B	4.00B
Stockholders Equity	20.18B	18.45B	17.22B	15.54B	12.50B	8.94B
Cash Flow
Free Cash Flow	0.00	874.82M	704.14M	2.62B	842.07M	-221.07M
Operating Cash Flow	0.00	2.73B	3.34B	3.82B	2.32B	1.10B
Investing Cash Flow	0.00	-1.61B	-1.64B	-1.86B	-1.47B	-615.89M
Financing Cash Flow	0.00	-447.73M	-749.66M	-812.33M	-565.13M	-374.51M

Balaji Amines Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1152.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BALAMINES, the sentiment is Negative. The current price of 1152.85 is below the 20-day moving average (MA) of 1287.17, below the 50-day MA of 1365.37, and below the 200-day MA of 1443.01, indicating a bearish trend. The MACD of -66.35 indicates Positive momentum. The RSI at 28.68 is Positive, neither overbought nor oversold. The STOCH value of 35.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BALAMINES.

Balaji Amines Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ROSSARI	70 Outperform	₹32.92B	24.08	―	0.08%	15.47%	-1.72%
ANURAS	66 Neutral	₹122.24B	78.69	―	0.06%	69.32%	113.55%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BALAMINES	61 Neutral	₹45.54B	29.91	―	0.95%	-10.76%	-27.70%
ALKYLAMINE	61 Neutral	₹93.53B	51.34	―	0.60%	3.95%	8.28%
NEOGEN	51 Neutral	₹38.85B	115.48	―	0.09%	8.44%	-35.59%
FAIRCHEMOR	47 Neutral	₹8.41B	138.91	―	1.14%	-22.10%	-85.56%

Balaji Amines Limited Corporate Events

Balaji Amines Reschedules Q2FY26 Earnings Call

Balaji Amines Limited has announced a change in the schedule for its investor conference call to discuss the Q2 and H1FY26 financial results. Originally planned for 4:00 PM IST, the call has been rescheduled to 12:30 PM IST on the same day, November 12, 2025. This adjustment reflects the company’s proactive approach to engaging with stakeholders and ensuring timely communication of its financial performance.

Balaji Amines Clarifies Misleading Article on Chemical Production

Balaji Amines Limited has issued a clarification regarding a defamatory article published in the Economic Times, which falsely accused the company of producing pharmaceutical-grade chemicals without a license. The company refutes these claims, stating that they only manufacture technical and food grade Propylene Glycol and have not supplied any pharmaceutical-grade products. Balaji Amines emphasizes their commitment to transparency and compliance with regulations, noting that there is no ongoing investigation by Indian authorities as suggested in the article.

Balaji Amines Limited Submits Compliance Certificate for Q3 2025

Balaji Amines Limited has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certificate confirms that the securities received for dematerialization have been processed, with the depositories’ names updated in the company’s records within the required timeframe, ensuring compliance with regulatory standards.