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Day Open
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Day High
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NSE Close — 25 Sep 2026
₹2,189.6
Change
-36.4 (-1.64%)
Open
₹2,237.0
Prev. Close
₹2,226.0
Day High
₹2,257.7
Day Low
₹2,165.2
Volume Analysis
Traded
164,986
Delivered
51,133
Delivery %
30.99%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Promoter holding is rising
- •Strong operating margin (21.0%)
Weaknesses (1)
- •Low return on equity (8.74%)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹2,335.64 | ₹2,296.67 | ₹2,243.14 | ₹2,204.17 | ₹2,150.64 | ₹2,111.67 | ₹2,058.14 |
| Fibonacci | ₹2,296.67 | ₹2,261.34 | ₹2,239.51 | ₹2,204.17 | ₹2,168.84 | ₹2,147.01 | ₹2,111.67 |
| Camarilla | ₹2,215.04 | ₹2,206.56 | ₹2,198.08 | ₹2,204.17 | ₹2,181.12 | ₹2,172.64 | ₹2,164.16 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+97.31%
1 Week
+2.76%
1 Month
-8.4%
3 Months
+7.55%
6 Months
+114.44%
1 Year
+55.14%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹841.55
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
10.01%
Net margin 13.85% × asset turnover 0.52x × equity multiplier 1.39x
Company Overview
Sector
Chemicals
Market Cap
₹7,180 Cr
P/E (TTM)
35.2
ROE
8.74%
Book Value
₹610.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Balaji Amines Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Chemicals sector, at 54/100. The strongest factor is Financial Strength (100/100), while Growth (2/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; strong operating margin (21.0%); low return on equity (8.74%). FII holding has been falling.
TopFund Score — Fundamentals Quality
54/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 20.4%
- +Company's working capital requirements have reduced from 101 days to 68.8 days
- −Stock is trading at 3.63 times its book value
- −The company has delivered a poor sales growth of 1.64% over past five years.
- −Company has a low return on equity of 9.92% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Balaji Amines commenced ACN commercial production on 24 Sept 2026; capacity increased to 1,440 TPM.
Ind-Ra withdrew Balaji Amines’ rating for ₹1,950 million bank loan facilities on 11 September 2026.
Ind-Ra withdrew Balaji Amines' bank loan rating on 12 September 2026 after all dues were cleared.
Newspaper Advertisement Regarding Specials Window for Transfer and Dematerialisation of Physical Shares
Balaji Amines schedules analyst/investor plant visit in Solapur on 25 August 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 464 | 381 | 383 | 414 | 385 | 347 | 313 | 353 | 358 | 341 | 331 | 395 | 456 |
| Expenses + | 366 | 327 | 309 | 316 | 319 | 286 | 267 | 293 | 304 | 281 | 275 | 301 | 340 |
| Operating Profit | 98 | 54 | 74 | 98 | 66 | 61 | 46 | 60 | 55 | 60 | 57 | 94 | 116 |
| OPM % | 21.0% | 14.0% | 19.0% | 24.0% | 17.0% | 17.0% | 15.0% | 17.0% | 15.0% | 18.0% | 17.0% | 24.0% | 25.0% |
| Other Income + | 6 | 7 | 8 | 9 | 8 | 9 | 8 | 8 | 9 | 7 | 5 | 8 | 6 |
| Interest | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 13 | 14 | 14 | 14 | 14 | 14 |
| Profit before tax | 90 | 48 | 70 | 93 | 62 | 57 | 41 | 54 | 49 | 52 | 46 | 86 | 106 |
| Tax % | 25.0% | 24.0% | 21.0% | 22.0% | 26.0% | 27.0% | 24.0% | 25.0% | 25.0% | 28.0% | 33.0% | 25.0% | 26.0% |
| Net Profit + | 68 | 36 | 56 | 72 | 46 | 41 | 31 | 40 | 37 | 37 | 31 | 65 | 78 |
| EPS in Rs | 16 | 11 | 15 | 21 | 13 | 13 | 10 | 12 | 12 | 11 | 10 | 20 | 23 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 616 | 640 | 668 | 858 | 940 | 935 | 1,308 | 2,314 | 2,346 | 1,631 | 1,389 | 1,419 | 1,523 |
| Expenses + | 515 | 514 | 519 | 676 | 747 | 754 | 935 | 1,691 | 1,736 | 1,308 | 1,157 | 1,154 | 1,196 |
| Operating Profit | 102 | 127 | 149 | 182 | 193 | 181 | 373 | 623 | 609 | 324 | 232 | 265 | 327 |
| OPM % | 17.0% | 20.0% | 22.0% | 21.0% | 21.0% | 19.0% | 29.0% | 27.0% | 26.0% | 20.0% | 17.0% | 19.0% | 21.0% |
| Other Income + | 4 | 3 | 9 | 12 | 4 | 5 | 6 | 15 | 15 | 30 | 33 | 29 | 25 |
| Interest | 35 | 22 | 13 | 9 | 13 | 23 | 18 | 17 | 12 | 6 | 4 | 5 | 6 |
| Depreciation | 20 | 19 | 20 | 19 | 20 | 32 | 34 | 42 | 46 | 45 | 48 | 56 | 56 |
| Profit before tax | 51 | 88 | 126 | 166 | 165 | 131 | 327 | 578 | 567 | 302 | 213 | 232 | 290 |
| Tax % | 35.0% | 34.0% | 34.0% | 32.0% | 29.0% | 26.0% | 25.0% | 28.0% | 28.0% | 23.0% | 26.0% | 27.0% | — |
| Net Profit + | 33 | 58 | 82 | 113 | 117 | 97 | 243 | 418 | 406 | 232 | 159 | 169 | 211 |
| EPS in Rs | 10 | 18 | 25 | 35 | 36 | 32 | 74 | 114 | 100 | 63 | 49 | 52 | 63 |
| Dividend Payout % | 12.0% | 11.0% | 9.0% | 7.0% | 8.0% | 10.0% | 5.0% | 5.0% | 10.0% | 17.0% | 23.0% | 21.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 221 | 274 | 356 | 461 | 568 | 652 | 888 | 1,243 | 1,548 | 1,715 | 1,839 | 1,970 |
| Borrowings + | 256 | 173 | 105 | 152 | 227 | 260 | 127 | 101 | 58 | 20 | 11 | 133 |
| Other Liabilities + | 139 | 152 | 168 | 229 | 244 | 195 | 289 | 395 | 351 | 405 | 396 | 633 |
| Total Liabilities | 623 | 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 |
| Fixed Assets + | 341 | 341 | 325 | 316 | 320 | 573 | 543 | 681 | 780 | 896 | 1,003 | 1,043 |
| CWIP | 3 | 16 | 25 | 123 | 269 | 46 | 173 | 141 | 113 | 205 | 238 | 512 |
| Investments | 0 | 0 | 0 | 0 | 0 | 48 | 0 | 0 | 73 | 0 | 0 | 0 |
| Other Assets + | 278 | 248 | 284 | 409 | 457 | 446 | 594 | 923 | 996 | 1,046 | 1,011 | 1,188 |
| Total Assets | 623 | 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 56 | 85 | 60 | 140 | 94 | 144 | 110 | 220 | 354 | 334 | 255 | 184 |
| Cash from Investing Activity + | -4 | -29 | -10 | -135 | -119 | -130 | -62 | -147 | -210 | -274 | -139 | -344 |
| Cash from Financing Activity + | -55 | -54 | -55 | 16 | 21 | -26 | -37 | -57 | -81 | -75 | -49 | 85 |
| Net Cash Flow | -3 | 2 | -5 | 21 | -4 | -12 | 11 | 16 | 63 | -15 | 68 | -75 |
| CFO/OP | 65 | 77 | 58 | 101 | 74 | 108 | 40 | 56 | 81 | 123 | 128 | 82 |
| Free Cash Flow | 48 | 53 | 47 | 32 | -75 | 83 | -21 | 72 | 234 | 82 | 69 | -186 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 40.88% | 40.31% | 39.91% | 39.67% | 39.23% | 39.46% | 38.83% | 38.96% | 39.37% | 40.59% | 40.96% | 40.69% |
| Promoters | 53.71% | 53.71% | 53.71% | 53.71% | 53.71% | 53.71% | 54.62% | 54.59% | 54.59% | 54.59% | 54.59% | 54.56% |
| FII | 4.52% | 4.58% | 4.92% | 5.05% | 5.27% | 5.16% | 5.09% | 5.0% | 4.53% | 3.3% | 2.99% | 3.17% |
| DII | 0.9% | 1.43% | 1.48% | 1.59% | 1.79% | 1.66% | 1.48% | 1.46% | 1.52% | 1.53% | 1.46% | 1.58% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Chemicals — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Balaji Amines Limited (this stock) | 7,180 | 35.2 | 3.63 | 8.74% |
| Neogen Chemicals Limited | 7,166 | 202.0 | 7.72 | 3.58% |
| Rain Industries Limited | 7,378 | 13.7 | 0.92 | 0.6% |
| Sharda Cropchem Ltd. | 6,763 | 10.8 | 2.16 | 23.2% |
| Fineotex Chemical Limited | 6,591 | 53.9 | 7.47 | 13.5% |
| Galaxy Surfactants Ltd | 7,990 | 22.0 | 2.9 | 10.9% |
| Guj State Fert & Chem Ltd | 6,180 | 8.94 | 0.5 | 5.51% |
Which Mutual Funds Hold Balaji Amines Limited?
Frequently Asked Questions about Balaji Amines Limited
Balaji Amines Limited (BALAMINES) closed at ₹2,189.6 on NSE on 25 September 2026, down 36.4 (1.64%) from the previous close.
Balaji Amines Limited trades on the NSE (National Stock Exchange of India) under the symbol BALAMINES.
Balaji Amines Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 35.2.
Balaji Amines Limited has a dividend yield of 0.49%.
Balaji Amines Limited's 52-week high is ₹2,630.0 and its 52-week low is ₹905.0.
Balaji Amines Limited has a market capitalisation of ₹7,180 crore.
Balaji Amines Limited has a TopFund Quality Score of 54/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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