Balaji Amines Ltd
BALA

Balaji Amines Ltd (BALAMINES)

₹2943.450.85%

Key Stats

₹2909.45
Day's Price Range
₹3016.7
₹2451.7
52-Week Price Range
₹5223.55
1 Month Return-11.64 %
3 Month Return-2.91 %
1 Year Return9.03 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 54
26.43
EPS
Rank 5
₹113.71
BVPS
Rank 10
₹276.04
Dividend Yield
Rank 64
0.23%
ROE
Rank 17
29.61%
Price To Book Ratio
Rank 70
10.88
Debt To Asset
Rank 69
0.31

Company Information

Promoted by the KPR group Balaji Amines BAL was incorporated in 1988. It is presently managed by M R Krishnaih Chairman of the company. On May 95 it came out with a public issue of 9.63 lac equity shares premium : Rs 30 aggregating Rs 3.85 cr to partfinance expansion plans for ethylamines and forward integration for the manufacture of derivatives of methyl and ethyl amines totalling to Rs 10 cr. The company is a leading manufacturer of ethyl and methyl amines which have various applications in chemical industries.Apart from this it has now diversified into producing derivatives of methyl and ethyl amines namely dimethyl amine hydrochloride choline chloride dimethyl acetamide etc. At present BAL suppliers to various blue chip companies like IDI Hoechst Rallis Ion Exchange Cheminor Drugs TTK Pharma etc. In 199798 the company has successfully commenced the commercial operation of its main plant Ethyl Amines from June 1997.Expansion programme has been taken up for valueadded products like Choline ChlorideDMAEHCI and other intermediates at a cost of Rs.500 lacs.The project has been appraised by State Bank of Hyderabad and Bank of India for a term loan of Rs.290 lacs and Rs.100 lacs respectively.The balance would be met out by the internal accruals of the company.The project would be implemented on phases and the first phase is likely to be commissioned during the current year 20012002.
OrganisationBalaji Amines Ltd
HeadquartersSolapur
IndustryChemicals