Balaji Amines Ltd (BALAMINES)
₹2290.3▲0.16%
Analyst Rating
based on 2 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 2 analysts offering long term price targets for Balaji Amines Ltd. An average target of ₹2648
Source: S&P Global Market Intelligence
Balaji Amines Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,262.35₹2,34052 Week's Low
52 Week's High
₹1,960₹2,735
| Returns % | |
| 1 Month Return | -3.01 % |
| 3 Month Return | + 1.87 % |
| 1 Year Return | + 4.24 % |
| Market Stats | |
| Previous Close | ₹2,286.60 |
| Open | ₹2,307.00 |
| Volume | 76.37K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,408.81Cr |
Key Statistics
| P/E Ratio | 36.16 |
| PEG Ratio | -0.97 |
| Market Cap | ₹7,408.81 Cr |
| P/B Ratio | 4.32 |
| EPS | 30.08 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹7,408.81 Cr | 150.67% | 0.50 | ₹232 Cr | ₹1,641 Cr |
 | NA | ₹9,731.15 Cr | 43.34% | 0.55 | ₹1,463 Cr | ₹10,226 Cr |
 | BUY | ₹10,421.74 Cr | 77.68% | 0.61 | ₹442 Cr | ₹5,774 Cr |
 | HOLD | ₹5,882.06 Cr | 57.64% | 0.75 | ₹95 Cr | ₹1,752 Cr |
 | ₹6,662.50 Cr | 23.12% | 0.54 | ₹164 Cr | ₹2,603 Cr |
Mutual Fund Holdings
Company Information
Share Price: ₹2290.30 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹7,408.81Cr as of today
Revenue: ₹413.94Cr as on March 2024 (Q1 24)
Net Profit: ₹72.48Cr as on March 2024 (Q1 24)
Listing date: 05 Apr, 2007
Chairperson Name: A Prathap Reddy
| Organisation | Balaji Amines Ltd |
| Headquarters | |
| Industry | Chemicals |
| E-voting on shares | Click here to vote |
Key events for Balaji Amines Ltd
Balaji Amines Outlook Positive on Medium-Term Growth Levers - 11 Jul, 2024
Balaji Amines Ltd has a positive medium-term outlook due to import-substitution friendly policies and growth levers in lithium-ion batteries, LPG, and methylamines. Technical analysis also suggests a potential bullish shift with an upside target of 2650 rupees per share.
Balaji Amines Shows Potential Bullish Shift Based on Technical Analysis Signals - 02 Jul, 2024
Based on technical analysis signals, Balaji Amines is expected to experience a bullish shift. Traders are advised to purchase shares within the price range of Rs 2,375-2,400, with an upside target of Rs 2,760 per share and a stop-loss at Rs 2,200 per share.
Bullish Technical Signals for Balaji Amines - 24 Jun, 2024
Technical analysis suggests a potential bullish shift for Balaji Amines, with a weekly RSI divergence and trendline break indicating an upside target of Rs 2,760 per share. Investors are advised to go long within the price range of Rs 2,375-2,400, with a stop-loss near Rs 2,200.
Balaji Amines Dividend Payment Increases Amidst Weak Cash Flows; Analyst Recommends Buying - 20 Jun, 2024
Balaji Amines announces an increased dividend payment of Rs 11.00, but weak cash flows raise concerns about sustainability. Anand Rathi Shares and Stock Brokers recommends buying the stock with a target price of Rs 2,930 and stop loss of Rs 1,955 for up to 30% upside potential.
Balaji Amines Ltd's Balance Sheet Shows Net Cash of ₹3.20b - 12 Jun, 2024
Balaji Amines had debt of ₹197.0m at the end of March 2024, but its balance sheet shows it holds ₹3.40b in cash, resulting in a net cash position of ₹3.20b. This short-term liquidity indicates that Balaji Amines could easily pay off its debt.
Insights on Balaji Amines Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 4.92% to 5.05% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 34.71 Cr → 68.03 Cr (in ₹), with an average increase of 28.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.09% to 0.11% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 387.31 Cr → 422.69 Cr (in ₹), with an average increase of 4.2% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Gujarat Fluorochemicals Ltd has given 89.2% return, outperforming this stock by 118.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 53.70% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Pidilite Industries Ltd has given 19.8% return, outperforming this stock by 15.6%
NEGATIVE IMPACTPrice Dip
In the last 3 years, BALAMINES stock has moved down by -29.7%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 39.90% to 39.67% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹413.94Cr | ↑7.98% |
Net Income | ₹72.48Cr | ↑29.96% |
Net Profit Margin | 17.51% | ↑20.34% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹1,641.51Cr | ↓30.31% |
Net Income | ₹232.30Cr | ↓42.74% |
Net Profit Margin | 14.15% | ↓17.83% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹1,736.58Cr | ↑11.94% |
Total Liabilities | ₹202.19Cr | ↑33.91% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹170.05Cr | ↓9.07% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 53.7% | 0.00 | |
| Foreign Institutions | 5.05% | 2.61 | |
| Mutual Funds | 0.11% | 23.50 | |
| Retail Investors | 39.67% | ||
| Others | 1.48% | 6.08 |
Key Indicators
Balaji Amines Ltd Valuation
Balaji Amines Ltd in the last 5 years
Lowest (6.87x)
August 5, 2019
Today (36.16x)
July 23, 2024
Industry (46.52x)
July 23, 2024
Highest (54.52x)
September 14, 2021
Earnings and Dividends
Balaji Amines Ltd Earnings Results
Balaji Amines Ltd’s net profit jumped 43.49% since last year same period to ₹68.03Cr in the Q4 2023-2024. On a quarterly growth basis, Balaji Amines Ltd has generated 37.8% jump in its net profits since last 3-months.
Read More about Earnings ResultsBalaji Amines Ltd Dividends May,2024
In the quarter ending March 2024, Balaji Amines Ltd has declared dividend of ₹11 - translating a dividend yield of 0.92%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Balaji Amines Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Balaji Amines Ltd (BALAMINES) share price today is ₹2290.3
Balaji Amines Ltd is listed on NSE
Balaji Amines Ltd is listed on BSE
- Today’s highest price of Balaji Amines Ltd is ₹2340.
- Today’s lowest price of Balaji Amines Ltd is ₹2262.35.
PE Ratio of Balaji Amines Ltd is 36.16
PE ratio = Balaji Amines Ltd Market price per share / Balaji Amines Ltd Earnings per share
Today’s traded volume of Balaji Amines Ltd(BALAMINES) is 76.37K.
Today’s market capitalisation of Balaji Amines Ltd(BALAMINES) is ₹7408.81Cr.
| Balaji Amines Ltd(BALAMINES | Price |
|---|---|
52 Week High | ₹2735 |
52 Week Low | ₹1960 |
Balaji Amines Ltd(BALAMINES) share price is ₹2290.3. It is down -16.26% from its 52 Week High price of ₹2735
Balaji Amines Ltd(BALAMINES) share price is ₹2290.3. It is up 16.85% from its 52 Week Low price of ₹1960
| Balaji Amines Ltd(BALAMINES | Returns |
|---|---|
1 Day Returns | 3.7% |
1 Month Returns | -3.01% |
3 Month Returns | 1.87% |
1 Year Returns | 4.24% |