Balaji Amines Ltd
BALAMINESBalaji Amines Ltd
BALAMINESPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
36.92 | 3.81 | 0.49% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
32.28 | 3.65 | 1.16% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Balaji Amines Limited is a company, which is engaged in the manufacturing of Aliphatic Amines, their derivatives and specialty chemicals. The Company is running a five star hotel, Balaji Sarovar Premiere.
Peers
Compare with peersÂGujarat Fluorochemicals Ltd
Vinati Organics Ltd
Aarti Industries Ltd
Akzo Nobel India Ltd
Navin Fluorine International Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
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Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 645.92 | 679.74 | 873.36 | 947.28 | 940.78 | 1,317.53 | 2,337.60 | 2,370.65 | 1,671.15 | 1,594.69 | ||||||||||
Raw Materials | 330.53 | 347.33 | 460.97 | 541.01 | 497.97 | 615.80 | 1,276.41 | 1,261.20 | 916.25 | 1,270.80 | ||||||||||
Power & Fuel Cost | 62.42 | 57.94 | 76.52 | 84.70 | 95.03 | 125.02 | 209.93 | 237.59 | 169.89 | |||||||||||
Employee Cost | 21.63 | 24.47 | 26.89 | 29.47 | 34.07 | 33.56 | 96.64 | 85.21 | 82.27 | |||||||||||
Selling & Administrative Expenses | 62.50 | 68.97 | 87.59 | 92.51 | 90.89 | 124.20 | 134.52 | 131.58 | 117.33 | |||||||||||
Operating & Other expenses | 39.34 | 22.69 | 27.23 | 1.95 | 37.06 | 39.64 | -17.28 | 30.70 | 32.04 | |||||||||||
EBITDA | 129.50 | 158.34 | 194.16 | 197.64 | 185.76 | 379.31 | 637.38 | 624.37 | 353.37 | 323.89 | ||||||||||
Depreciation/Amortization | 19.38 | 19.71 | 19.29 | 19.55 | 31.62 | 34.41 | 42.00 | 45.57 | 45.37 | 45.53 | ||||||||||
PBIT | 110.12 | 138.63 | 174.87 | 178.09 | 154.14 | 344.90 | 595.38 | 578.80 | 308.00 | 278.36 | ||||||||||
Interest & Other Items | 22.15 | 12.94 | 9.04 | 13.03 | 23.03 | 18.29 | 17.10 | 11.97 | 6.44 | 5.61 | ||||||||||
PBT | 87.97 | 125.69 | 165.83 | 165.06 | 131.11 | 326.61 | 578.28 | 566.83 | 301.56 | 272.75 | ||||||||||
Taxes & Other Items | 30.35 | 43.34 | 52.66 | 47.53 | 26.30 | 88.40 | 209.87 | 241.29 | 96.70 | 77.36 | ||||||||||
Net Income | 57.62 | 82.35 | 113.17 | 117.53 | 104.81 | 238.21 | 368.41 | 325.54 | 204.86 | 195.39 | ||||||||||
EPS | 17.78 | 25.42 | 34.93 | 36.27 | 32.35 | 73.52 | 113.70 | 100.47 | 63.23 | 60.30 | ||||||||||
DPS | 2.00 | 2.20 | 2.60 | 2.80 | 3.20 | 4.00 | 6.00 | 10.00 | 11.00 | 10.00 | ||||||||||
Payout ratio | 0.11 | 0.09 | 0.07 | 0.08 | 0.10 | 0.05 | 0.05 | 0.10 | 0.17 | 0.17 |
Company Updates
Annual report
PDFPeers & Comparison
MaterialsSpecialty Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Balaji Amines Ltd | 35.21 | 3.81 | 0.49% |
Gujarat Fluorochemicals Ltd | 118.54 | 8.69 | — |
Vinati Organics Ltd | 63.17 | 8.29 | 0.36% |
Aarti Industries Ltd | 46.07 | 3.63 | 0.19% |
Price Comparison
Compare BALAMINES with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Balaji Amines Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0306% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 140/291 (-2) |
DSP Nifty Smallcap250 Quality 50 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0250% | Percentage of the fund’s portfolio invested in the stock 1.19% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 45/53 (-3) |
SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0199% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 104/291 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
BALAMINES has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.49%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.94 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 4, 2024
Dividend/Share
₹11.00
Ex DateEx Date
Jul 4, 2024
Cash Dividend
Ex DateEx DateJul 3, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Jul 3, 2023
Cash Dividend
Ex DateEx DateJun 21, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Jun 21, 2022
Cash Dividend
Ex DateEx DateJul 29, 2021
Dividend/Share
₹4.00
Ex DateEx Date
Jul 29, 2021
Cash Dividend
Ex DateEx DateJul 30, 2020
Dividend/Share
₹0.60
Ex DateEx Date
Jul 30, 2020
Revenue from operations was at Rs 384.75 crore in Q1 FY25, down 17.02% from Rs 463.67 crore recorded in the corresponding quarter previous year. Profit before tax slipped 31.85% year on year to Rs 61.58 crore in the quarter ended 30 June 2024. EBITDA for Q1 FY25 stood at Rs 74 crore, down 28.85% as compared to Rs 104 crore in Q1 FY24. EBITDA margin for Q1FY25 reduced to 19% in Q1 FY25 as against 22% reported in the same period a year ago. Total expense declined 12.57% YoY to Rs 331.28 crore during the quarter. Cost of raw material consumed stood at Rs 193.16 crore (down 31.04% YoY) while employee benefits expenses were at Rs 19.18 crore (up 7.39% YoY) in Q1 FY25. The company's revenue from amines amines derivatives volumes stood at 8,299 MT and specialty chemicals volumes stood at 12,371 MT. On standalone basis, the company's net profit jumped 17.55% to Rs 40.52 crore in Q1 FY25 as against Rs 34.47 crore posted in Q1 FY24. Revenue from operations was at Rs 332.84 crore in Q1FY25, down 1.30% YoY. D. Ram Reddy, Managing Director, Balaji Amines, said, 'During the first quarter of FY25, we achieved a 5% year-on-year increase in volume, however, our top line has been impacted by decrease in realisation led by decrease in Raw material pricing. We are actively managing these challenges and are confident in our ability to navigate through them while maintaining our profitability. The Pharma market is showing encouraging signs of improvement, positioning us well for future growth. Although the Agro Chem market has been slow this quarter, we anticipate improvements in the upcoming quarters as market conditions stabilize. Our capital expenditure projects are progressing as planned. The commissioning of our methylamine plant is on schedule for Q3, and the Dimethyl ether project is expected to be completed by the end of this financial year. These projects are advancing as per the scheduled timelines and are set to significantly enhance our portfolio. Looking ahead, we maintain a positive outlook for long-term opportunities, anticipating growth and increased prospects in the fiscal year 2024-25. We remain dedicated to delivering value to our shareholders and stakeholders through strategic investments and a continued focus on operational excellence.' Balaji Amines is a leading manufacturer of aliphatic amines in India. Broadly, the company is specialized in manufacturing methyl amines, ethyl amines, derivatives of specialty chemicals and natural product and its business is broadly classified into three segments - amines, specialty chemicals and derivatives. Powered by Capital Market - Live
Net profit of Balaji Amines declined 17.90% to Rs 43.29 crore in the quarter ended June 2024 as against Rs 52.73 crore during the previous quarter ended June 2023. Sales declined 17.02% to Rs 384.75 crore in the quarter ended June 2024 as against Rs 463.67 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales384.75463.67 -17 OPM %17.1821.14 - PBDT73.23101.87 -28 PBT61.5890.37 -32 NP43.2952.73 -18 Powered by Capital Market - Live
Balaji Amines will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
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Balaji Amines: Does it merit a look?
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.02%, vs industry avg of 6.09%
Increasing Market Share
Over the last 5 years, market share increased from 1.71% to 1.99%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.75%, vs industry avg of -1.55%