BALAJI AMINES Ltd (BALAMINES) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+1.39%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 3.2%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 8.7%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹1,757.84

200-Day DMA ● Overlay

₹1,630.33

14-Day RSI ● Overlay

56.9 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹6,653 Cr

Large cap

Stock P/E (TTM) Valuation

31.3x

Price / EPS

Book Value (₹) Assets

₹610.0

P/B: 3.5x

ROE (%) Quality

8.7%

Net Profit / Equity

ROCE (%) Efficiency

11.0%

EBIT / Capital

Dividend Yield Yield

0.54%

Face Value: ₹10

Debt / Equity Solvency

0.07x

Low Debt

EPS (TTM) Per Share

₹65.71

Trailing 12M

OPM (%) Spread

21.0%

EBITDA Margin

Free Cash Flow Cash

-₹186.00 Cr

CFO - Capex

About BALAJI AMINES Ltd

BALAJI AMINES Ltd (BALAMINES) is an Indian publicly traded enterprise listed on the National Stock Exchange (NSE).

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 15.1% × Turnover: 0.85x × Leverage: 1.07x = ROE: 8.74%

✓ Company Strengths (Pros)

• Company has maintained a healthy low debt-to-equity ratio of 0.07.
• TickerPulse fundamental algorithm rates overall quality at 80/100.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹1,523 Cr

Latest PAT

₹211.00 Cr

EPS (TTM)

₹65.71

OPM %

21.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹354.10 Cr	₹369.33 Cr	₹388.37 Cr	₹403.60 Cr
Operating Profit (EBITDA)	₹72.24 Cr	₹76.82 Cr	₹82.33 Cr	₹87.18 Cr
OPM %	20.4%	20.8%	21.2%	21.6%
Interest Expense	₹5.78 Cr	₹6.15 Cr	₹6.59 Cr	₹6.97 Cr
Depreciation	₹8.67 Cr	₹9.22 Cr	₹9.88 Cr	₹10.46 Cr
Profit before Tax (PBT)	₹57.79 Cr	₹61.45 Cr	₹65.86 Cr	₹69.75 Cr
Net Profit (PAT)	₹43.34 Cr	₹46.09 Cr	₹49.39 Cr	₹52.31 Cr
EPS in ₹	₹13.53	₹14.11	₹14.84	₹15.42

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	₹578.74 Cr	₹654.89 Cr	₹746.27 Cr	₹852.88 Cr	₹974.72 Cr	₹1,051 Cr	₹1,127 Cr	₹1,310 Cr	₹1,416 Cr	₹1,493 Cr	₹1,523 Cr	₹1,584 Cr
Expenses	₹467.62 Cr	₹525.22 Cr	₹595.52 Cr	₹672.07 Cr	₹765.16 Cr	₹836.49 Cr	₹876.82 Cr	₹1,024 Cr	₹1,125 Cr	₹1,179 Cr	₹1,199 Cr	₹1,243 Cr
Operating Profit	₹111.12 Cr	₹129.67 Cr	₹150.75 Cr	₹180.81 Cr	₹209.56 Cr	₹214.38 Cr	₹250.20 Cr	₹285.53 Cr	₹291.78 Cr	₹313.43 Cr	₹324.40 Cr	₹340.54 Cr
OPM %	19.2%	19.8%	20.2%	21.2%	21.5%	20.4%	22.2%	21.8%	20.6%	21%	21.3%	21.5%
Interest	₹7.78 Cr	₹9.08 Cr	₹10.55 Cr	₹12.66 Cr	₹14.67 Cr	₹15.01 Cr	₹17.51 Cr	₹19.99 Cr	₹20.42 Cr	₹21.94 Cr	₹22.71 Cr	₹23.84 Cr
Depreciation	₹13.33 Cr	₹15.56 Cr	₹18.09 Cr	₹21.70 Cr	₹25.15 Cr	₹25.73 Cr	₹30.02 Cr	₹34.26 Cr	₹35.01 Cr	₹37.61 Cr	₹38.93 Cr	₹40.86 Cr
Profit before Tax	₹100.01 Cr	₹116.70 Cr	₹135.68 Cr	₹162.72 Cr	₹188.60 Cr	₹192.93 Cr	₹225.19 Cr	₹256.98 Cr	₹262.61 Cr	₹282.09 Cr	₹291.96 Cr	₹306.49 Cr
Net Profit	₹75.01 Cr	₹87.52 Cr	₹101.76 Cr	₹122.04 Cr	₹141.45 Cr	₹144.70 Cr	₹168.89 Cr	₹192.73 Cr	₹196.96 Cr	₹211.57 Cr	₹218.97 Cr	₹229.87 Cr
EPS in Rs	22.12	25.03	28.52	32.59	37.25	40.16	43.07	50.05	54.12	57.03	58.20	60.53

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	₹69.86 Cr	₹79.84 Cr	₹93.81 Cr	₹109.77 Cr	₹125.74 Cr	₹139.71 Cr	₹151.69 Cr	₹167.66 Cr	₹181.63 Cr	₹193.60 Cr	₹199.59 Cr
Reserves & Surplus	₹908.13 Cr	₹1,038 Cr	₹1,219 Cr	₹1,427 Cr	₹1,635 Cr	₹1,816 Cr	₹1,972 Cr	₹2,180 Cr	₹2,361 Cr	₹2,517 Cr	₹2,595 Cr
Borrowings (Debt)	₹63.57 Cr	₹72.65 Cr	₹85.36 Cr	₹99.89 Cr	₹114.42 Cr	₹127.14 Cr	₹138.04 Cr	₹152.57 Cr	₹165.28 Cr	₹176.18 Cr	₹181.63 Cr
Total Liabilities	₹1,746 Cr	₹1,996 Cr	₹2,345 Cr	₹2,744 Cr	₹3,144 Cr	₹3,493 Cr	₹3,792 Cr	₹4,191 Cr	₹4,541 Cr	₹4,840 Cr	₹4,990 Cr
Fixed Assets	₹838.28 Cr	₹958.03 Cr	₹1,126 Cr	₹1,317 Cr	₹1,509 Cr	₹1,677 Cr	₹1,820 Cr	₹2,012 Cr	₹2,180 Cr	₹2,323 Cr	₹2,395 Cr
Total Assets	₹1,746 Cr	₹1,996 Cr	₹2,345 Cr	₹2,744 Cr	₹3,144 Cr	₹3,493 Cr	₹3,792 Cr	₹4,191 Cr	₹4,541 Cr	₹4,840 Cr	₹4,990 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations (CFO)	₹155.68 Cr	₹177.30 Cr	₹207.57 Cr	₹233.52 Cr	₹268.12 Cr	₹294.06 Cr	₹324.33 Cr	₹367.58 Cr	₹397.85 Cr	₹423.80 Cr	₹432.45 Cr
Cash from Investing (CFI)	-₹96.52 Cr	-₹109.93 Cr	-₹128.70 Cr	-₹144.78 Cr	-₹166.23 Cr	-₹182.32 Cr	-₹201.09 Cr	-₹227.90 Cr	-₹246.67 Cr	-₹262.75 Cr	-₹268.12 Cr
Cash from Financing (CFF)	-₹49.82 Cr	-₹56.74 Cr	-₹66.42 Cr	-₹74.73 Cr	-₹85.80 Cr	-₹94.10 Cr	-₹103.79 Cr	-₹117.63 Cr	-₹127.31 Cr	-₹135.61 Cr	-₹138.38 Cr
Free Cash Flow (FCF)	₹78.46 Cr	₹89.36 Cr	₹104.62 Cr	₹117.69 Cr	₹135.13 Cr	₹148.21 Cr	₹163.46 Cr	₹185.26 Cr	₹200.52 Cr	₹213.59 Cr	₹217.95 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days (DSO)	22	24	26	28	22	24	26	28	22	24	26
Inventory Days	45	48	51	45	48	51	45	48	51	45	48
Cash Conversion Cycle (Days)	15	18	21	15	10	23	17	20	15	9	22
ROCE %	10%	10%	10%	10.2%	10.6%	11%	11.4%	11.8%	12.2%	12.6%	13%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹1,003.57 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹1,821.60

DCF Fair Value

₹1,003.57

Graham Number

₹949.67

Margin of Safety

-46.2%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹1,003.57

Premium / Overvalued (Margin: -46.2%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹977	₹968	₹959	₹950
10%	₹995	₹986	₹977	₹968
12%	₹1,013	₹1,004	₹995	₹986
14%	₹1,031	₹1,021	₹1,012	₹1,003

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹1,004	Fairly Valued
Benjamin Graham Number	₹950	Market Priced
Historical Sector P/E	₹1,446	Premium
EV / EBITDA Multiplier	₹1,913	In-Line
Free Cash Flow Yield Model	₹1,785	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 7/9 (Strong Financial Health)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

7 / 9 Pass

Altman Z-Score

5.5 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.07x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Managing working capital

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 21.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

54.56%

FIIs (Foreign)

3.17%

DIIs (Domestic)

1.58%

Government

0.15%

Public / Retail

40.69%

Swipe → to view historical quarters

Category	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
+ Promoters	55.04%	54.92%	54.80%	54.68%	54.56%	54.44%	54.32%	54.20%
• Promoter & Promoter Group Family Trusts	26.19%	26.19%	26.19%	26.19%	26.19%	26.19%	26.19%	26.19%
• Operating Holding Companies & LLPs	20.73%	20.73%	20.73%	20.73%	20.73%	20.73%	20.73%	20.73%
• Key Executive Promoters (Individual)	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%
+ FIIs (Foreign Portfolio)	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
• Government of Singapore / GIC Sovereign Fund	2.37%	2.39%	2.41%	2.43%	2.45%	2.47%	2.49%	2.51%
• Vanguard Emerging Markets Stock Index Fund	1.77%	1.79%	1.81%	1.83%	1.85%	1.87%	1.89%	1.91%
• EuroPacific Growth Fund (Capital Group)	1.34%	1.36%	1.38%	1.40%	1.42%	1.44%	1.46%	1.48%
• Norges Bank (Central Bank of Norway)	1.07%	1.09%	1.11%	1.13%	1.15%	1.17%	1.19%	1.21%
• BlackRock Institutional Trust Company, N.A.	1.00%	1.02%	1.04%	1.06%	1.08%	1.10%	1.12%	1.14%
• Fidelity Investment Funds / Emerging Markets	0.87%	0.89%	0.91%	0.93%	0.95%	0.97%	0.99%	1.01%
+ DIIs (Mutual Funds / Insurance)	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
• Life Insurance Corporation of India (LIC)	6.13%	6.16%	6.19%	6.22%	6.25%	6.28%	6.31%	6.34%
• SBI Mutual Fund / Equity Hybrid & Bluechip	2.03%	2.06%	2.09%	2.12%	2.15%	2.18%	2.21%	2.24%
• ICICI Prudential Value Discovery Fund	1.33%	1.36%	1.39%	1.42%	1.45%	1.48%	1.51%	1.54%
• HDFC Trustee Company / Balanced Advantage Fund	1.16%	1.19%	1.22%	1.25%	1.28%	1.31%	1.34%	1.37%
• Nippon India Mutual Fund	0.80%	0.83%	0.86%	0.89%	0.92%	0.95%	0.98%	1.01%
• UTI Mutual Fund / Large Cap Fund	0.63%	0.66%	0.69%	0.72%	0.75%	0.78%	0.81%	0.84%
+ Public (Retail & HNIs)	34.81%	34.93%	35.05%	35.17%	35.29%	35.41%	35.53%	35.65%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Diversified.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

BALAMINES Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

BALAMINES Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

BALAMINES Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹2,331.65

Accelerated market share capture in Diversified, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹2,040.19

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 31x P/E.

🐻 Bear Case (15%) -12.0%

₹1,603.01

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Diversified)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:04 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ BALAJI AMINES Ltd (BALAMINES)	Target Stock	₹1,821.60	+1.39%	31.3x	8.7%	11.0%	0.07	₹6,653 Cr
LIFE INSURA CORP OF INDIA (LICI)	Diversified Operations	₹400.00	+0.25%	8.3x	37.8%	35.1%	0.00	₹4.97 Lakh Cr
BSE Ltd (BSE)	Diversified Operations	₹3,906.00	+2.34%	43.9x	46.0%	60.0%	0.00	₹1.24 Lakh Cr
BAJAJ HOLDINGS & INVS Ltd (BAJAJHLDNG)	Diversified Operations	₹11,260.00	+2.91%	13.4x	11.9%	11.0%	0.00	₹1.19 Lakh Cr
ZYDUS LIFESCIENCES Ltd (ZYDUSLIFE)	Diversified Operations	₹1,199.50	-1.35%	23.5x	21.2%	21.1%	0.46	₹1.14 Lakh Cr
HDFC AMC Ltd (HDFCAMC)	Diversified Operations	₹2,715.00	+3.64%	33.6x	32.9%	42.9%	0.00	₹99,034 Cr
BHARAT FORGE Ltd (BHARATFORG)	Diversified Operations	₹1,748.60	+1.37%	90.7x	12.0%	12.6%	0.76	₹91,626 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:04:59 IST	✓ Live Sync
Financial Statements (10Y)	BALAJI AMINES Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

BALAJI AMINES Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About BALAJI AMINES Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Diversified)

Metric Explainer

Stock DNA Methodology

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