Balaji Amines Ltd

Balaji Amines Ltd announced rating actions from India Ratings and Research (Ind-Ra) and India Ratings, involving the withdrawal of ratings on its bank loan facilities amounting to 1,950, accompanied by a Rating Letter for Withdrawal; India Ratings reaffirmed the IND AAA rating with a stable outlook for Bank Loan Facilities totaling 200 crore, and assigned a PRO-AAA rating to its Commercial Paper Program of 50 crore, reflecting its strong market position, while also withdrawing ratings on Fund Based Working Capital Limits from RBI State Bank of India (490.00), Fund Based Working Capital Limits from RBI HDFC Bank Limited (480.00), Non-Fund Based Working Capital Limits from RBI State Bank of India (460.00), and Non-Fund Based Working Capital Limits from RBI HDFC Bank Limited (520.00), with India Ratings also noting its assessment as "Credible" based on limited information and reliance on the accuracy of information, alongside a placeholder instrument and amount with a placeholder rating, action, and notes, and a closing statement indicating no rating data was provided.

Balaji Amines Ltd announced the withdrawal of credit ratings assigned to its bank loan facilities by India Ratings and Research (Ind-Ra) following the receipt of No Dues Certificates from all bankers and a withdrawal request submitted by the company, reflecting its current lack of outstanding bank exposure. Specifically, Ind-Ra has withdrawn the 'WD IND AA'/Negative/IND A1+ rating for the bank loan facilities, previously assigned on September 22, 2023, and the 'WD' Issuer Rating for the long-term, both previously affirmed on June 13, 2025, and initially assigned on March 14, 2024, covering rated limits of INR 1,950 million for bank loan facilities with a Long-term/Short-term rating.

Net profit of Balaji Amines rose 97.21% to Rs 74.94 crore in the quarter ended June 2026 as against Rs 38.00 crore during the previous quarter ended June 2025. Sales rose 27.23% to Rs 455.93 crore in the quarter ended June 2026 as against Rs 358.34 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales455.93358.34 27 OPM %25.4215.26 - PBDT119.9962.99 90 PBT106.2049.01 117 NP74.9438.00 97 Powered by Capital Market - Live

Balaji Amines will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Balaji Amines announced that the 38th Annual General Meeting(AGM) of the company will be held on 10 July 2026.

Balaji Amines has fixed 03 July 2026 for determining entitlement of Members to final dividend for the financial year ended 31 March 2026.

Balaji Amines announced that the commercial production of Dimethyl Ether (DME) has commenced successfully at Unit-IV situated at F-104, Chincholi MIDC, Solapur-413255, Maharashtra with effect from 20 May 2026 with a capacity of 1,00,000 TPA with Advanced Technology under expansion cum diversification of a new-age gas used as an alternate to LPG for fuel and aerosol applications.

Balaji Amines announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 11 per equity Share (i.e. 550%) , subject to the approval of the shareholders.

Consolidated profit after tax stood at Rs 63.21 crore in Q4 FY26, up 57.79% from Rs 40.06 crore in Q4 FY25 and surged 101.11% from Rs 31.43 crore in Q3 FY26. Revenue from operations increased 11.92% YoY to Rs 394.79 crore in Q4 FY26 from Rs 352.73 crore in the year-ago period. Revenue rose 19.16% sequentially from Rs 331.30 crore in Q3 FY26. Profit before tax stood at Rs 85.86 crore in Q4 FY26, up 59.18% from Rs 53.94 crore in Q4 FY25 and increased 86.69% from Rs 45.99 crore in Q3 FY26. On the cost front, total expenditure increased 2.55% YoY to Rs 300.54 crore in Q4 FY26. Raw material cost rose 28.02% YoY to Rs 231.25 crore, while employee expenses increased 13.81% to Rs 26.04 crore. Interest cost increased 153.49% YoY to Rs 2.18 crore, while depreciation expense rose 8.14% to Rs 13.95 crore. For FY26, revenue from operations rose 2% YoY to Rs 1,424.98 crore. Profit before tax increased 9.04% to Rs 232.49 crore, while profit after tax rose 6.15% to Rs 167.20 crore. Net cash from operating activities declined to Rs 184.04 crore in FY26 from Rs 255.44 crore in FY25. The board recommended a final dividend of Rs 11 per equity share of face value Rs 2 each for FY26. Balaji Amines is engaged in the activity of manufacture and sale of aliphatic amines, speciality chemicals and its derivatives. Powered by Capital Market - Live

Net profit of Balaji Amines rose 57.79% to Rs 63.21 crore in the quarter ended March 2026 as against Rs 40.06 crore during the previous quarter ended March 2025. Sales rose 11.92% to Rs 394.79 crore in the quarter ended March 2026 as against Rs 352.73 crore during the previous quarter ended March 2025. For the full year,net profit rose 6.15% to Rs 167.20 crore in the year ended March 2026 as against Rs 157.52 crore during the previous year ended March 2025. Sales rose 2.00% to Rs 1424.98 crore in the year ended March 2026 as against Rs 1397.08 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales394.79352.73 12 1424.981397.08 2 OPM %23.8716.91 -18.6316.62 - PBDT99.8166.84 49 288.87261.66 10 PBT85.8653.94 59 232.49213.22 9 NP63.2140.06 58 167.20157.52 6 Powered by Capital Market - Live