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Open1,141.85
High1,208
Low1,141.85
Prev. Close1,203.3
Avg. Traded Price1,184.78
Volume1,35,043

MARKET DEPTH

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Total bid63.00
Total ask0.00
OrdersQtyBid
1631203.3
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AskQtyOrders
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HIGH/LOW

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3m
52w

LOW/HIGH

1141.8515 hours ago
1208.009 hours ago
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LOWER/UPPER CIRCUITS

919.80
1379.70
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Balaji Amines Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
notePrice to Earning Ratio,is 25.98, lower than its sector PE ratio of 41.7.
noteQuarterly Revenue,rose 5.94% YoY to ₹336.29 Cr. Its sector's average revenue growth YoY for the quarter was 8.03%.
noteInterest Coverage Ratio,is 71.75, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 32.77%
Net profit growth 5Y CAGR : 14.69%
Balaji Amines Ltd Top mutual funds holding
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About Balaji Amines Limited

Balaji Amines Limited (BAL) was incorporated on October 27, 1988, in Solapur, Maharashtra, as a public limited company to manufacture value-added speciality chemicals. Since its inception, the Company has emerged as a pioneer in aliphatic amines and speciality fine chemicals, serving industries such as pharmaceuticals, agrochemicals, paints, dyes, oil and gas, and electric vehicles.

The Company began commercial production of Methylamines in 1989, expanded into Ethylamines in 1990, and over the decades has introduced a broad range of speciality chemicals like Morpholine, Acetonitrile, Gamma-Butyrolactone (GBL), and Dimethylformamide (DMF). Today, it is the largest manufacturer of aliphatic amines and methylamines in India, and the only indigenous developer of technology for amines production.Its operations are spread across four manufacturing units in Solapur and Hyderabad, supported by a newly commissioned 8 MW DC solar plant, ensuring sustainable power supply. BAL has a product basket of more than 40 offerings and an installed capacity of 2,86,000 MTPA, serving over 65 international clients across more than 50 countries, including the USA, Europe, and Japan.

Subsidiary Balaji Speciality Chemicals Limited (BSCL) adds to its capabilities with a focus on high-value, import-substitute products such as Ethylene Diamine (EDA) and Diethylenetriamine (DETA).

Key milestones include its listing in 2001, WHO-GMP and REACH certifications in 2014, commissioning of Unit IV facilities in 2021, and commissioning of new plants for Methylamines, N-Butylamines, and Isopropylamines in FY 2025.

 

Balaji Amines Limited’s Business Segments

Revenue contribution by end-use sectors in FY 2024-25 was as follows

  • Pharmaceuticals: 51%

  • Agrochemicals: 26%

  • Paints & Resins: 4%

  • Animal Feeds: 2%

  • Oil & Gas: 3%

  • Rubber Cleaning Chemicals: 4%

  • Water Treatment Chemicals: 3%

  • Dye and Textiles: 3%

  • Others: 4%

Exports contributed 12.8% of total revenue, with the remainder from domestic sales.

Balaji Amines Limited Key Management

  • Mr. Ande Prathap Reddy – Executive Chairman

  • Mr. Dundurapu Ram Reddy – Managing Director

  • Mr. N. Rajeshwar Reddy – Whole-time Director

  • Mr. Ande Srinivas Reddy – Whole-time Director & CFO

Latest Updates on Balaji Amines Limited

  • Commissioned an 8 MW DC solar power plant in April 2025, lowering energy costs and carbon footprint.

  • Expanded Methylamines capacity to 88,000 MT at Unit IV in November 2024.

  • Commissioned upgraded DMC plant for electronic-grade DMC in May 2025, catering to the EV battery sector.

  • Commenced N-Butylamine plant operations in January 2024, meeting 90–95% of domestic demand.

  • Received consent to operate Isopropylamines (MIPA/DIPA) at Unit I in June 2025.

Recognition: Received the “Rasayan Udyog Shri” Award from the Indian Chemical Society (2025), and BIS Certification for Morpholine, making BAL the only BIS-certified manufacturer in India.

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Frequently Asked Questions

The Company was incorporated on October 27, 1988, in Solapur, Maharashtra.

It supplies chemicals to pharmaceuticals, agrochemicals, paints, resins, animal feed, oil and gas, rubber, textiles, water treatment, and EV battery sectors.

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