Balaji Amines Ltd Stock Analysis

BSE: 530999 | NSE: BALAMINES | Chemicals | Mid Cap

BSE Share Price 27-Mar-2023 18:02
1985.15 -37.25 (-1.84%)

DeciZen - Make an Informed Decision on Balaji Amines

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Balaji Amines Price Chart

P/E Ratio ( SA) :
23.69
Market Cap :
6,432.1 Cr.
52-wk low :
1,975
52-wk high :
3,841.9
Bole Toh?

1. Is Balaji Amines Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Balaji Amines Ltd is a good quality company.

2. Is Balaji Amines Ltd undervalued or overvalued?

The key valuation ratios of Balaji Amines Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Balaji Amines Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Balaji Amines Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Balaji Amines:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Balaji Amines Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 12.3%12.1%12.6%15.8%19.2%21.4%20.1%16.6%27.8%29.3%-
Value Creation Index -0.1-0.1-0.10.10.40.50.40.21.11.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5126106056356688619509191,2281,9181,998
YoY Gr. Rt. %-19.2%-0.9%5%5.1%29%10.3%-3.2%33.6%56.2%-
Adj EPS 9.29.611.418.225.133.13634.270.59383.8
YoY Gr. Rt. %-3.4%19.2%59.7%37.9%32%8.9%-5.1%106.1%31.9%-
BVPS (₹) 53.262.473.490116.4144.2177.5206.1277368420.6
Adj Net Profit 29.930.936.958.981.2107117111228301271
Cash Flow from Ops. 94.411159.683.572.212689.114893.9168-
Debt/CF from Ops. 2.52.441.91.40.91.10.700-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.8%23.5%26.4%56.2%
Adj EPS 29.2%30%37.2%31.9%
BVPS 2425.927.532.9
Share Price 49.7% 28.7% 99.5% -31.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 18.816.516.822.224.325.422.417.829.228.821.3
Op. Profit Mgn % 15.514.317.119.822.721.120.219.126.222.820.1
Net Profit Mgn % 5.95.16.19.312.212.512.312.118.615.713.6
Debt to Equity 1.41.310.60.30.30.20.200-
Working Cap Days 1421251391251301361722191881560
Cash Conv. Cycle 846472676263748371670

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 26.40%

Net Profit is growing at healthy rate in last 3 years 37.16%

Sales growth is good in last 4 quarters at 22.28%

Return on Equity has declined versus last 3 years average to 21.30%

Latest Financials - Balaji Amines Ltd.

Standalone Consolidated
TTM EPS (₹) 83.8 119.4
TTM Sales (₹ Cr.) 1,998 2,663
BVPS (₹.) 420.6 471.7
Reserves (₹ Cr.) 1,356 1,522
P/BV 4.72 4.21
PE 23.69 16.63
From the Market
52 Week Low / High (₹) 1975.00 / 3841.85
All Time Low / High (₹) 1.56 / 5220.00
Market Cap (₹ Cr.) 6,432
Equity (₹ Cr.) 6.5
Face Value (₹) 2
Industry PE 29.8

Management X-Ray of Balaji Amines :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Balaji Amines

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Balaji Amines Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Balaji Amines on 27-Mar-2023 18:02 is : 1,985.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Mar-2023 18:02 the market cap of Balaji Amines stood at ₹ 6,432.1.
The latest PE ratio of Balaji Amines as of 27-Mar-2023 18:02 is 23.69.
The latest PB ratio of Balaji Amines as of 27-Mar-2023 18:02 is 4.72
The 52-week high of Balaji Amines is ₹ 3,841.9 and the 52-week low is ₹ 1,975.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Balaji Amines is ₹ 1,998 ( Cr.) .

About Balaji Amines Ltd

Balaji Amines (BAL) incorporated in 1988; is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company was set up to cater to the growing requirements of value based Specialty Chemicals.

The company also manufactures derivatives, which are down stream products for various Pharma /Pesticide industries apart from user specific requirements. Balaji Amines (BAL) is one of the leading manufacturers of Aliphatic Amines in India.

BAL manufacturing facility is located in Maharashtra and is fully equipped with latest technology like digital computerized controlled systems. The company has received ISO 9001: 2000 certification for its quality systems. BAL also owns research and development facility that conducts basic research and also to fine tune the process.

Globally the company has presence in countries like UK, USA, Latin America, Canada, Israel, Pakistan, Bangladesh, Oman, Germany, Italy, Egypt, South Africa, Korea, Taiwan, Spain, Polland are among others.

Products

Amines- Under amines the company manufactures Monomethylamine, Dimethylamine, Trimethylamine, Monoethylamine, Diethylamine, Triethylamine, Dimethyl Amino Ethanol, Diethyl Amino Ethanol And Mono Methyl Amino Ethanol.

Speciality Chemicals- Under speciality chemicals, BAL manufactures N-Methyl Pyrrolidone, Morpholine, Diethyl Hydroxylamine and 2-Pyrrolidone.

Derivatives- The company manufactures Di-Methyl Acetamide, Di-Methyl Amine Hydrochloride, Tri-Methyl Amine Hydrochloride, Di-Ethyl Amine Hydrochloride, Tri-Ethyl Amine Hydrochloride, Benzyl Tri Ethyl Ammonium Chloride, Mono Methyl Urea, Di-Methyl Urea, Choline Chloride and New 25.      

Natural Products- BAL manufactures Camptothecin, 10 Dab III, Coleus Forskohlii, Calcium Sennosoid and Solanesol.

Awards

2009 - Balaji Amines Ltd. has been awarded "Certificate of Merit" award for Outstanding Export Performance for the year 2005-2006 by Chemexcil.
2012 - Balaji Amines Ltd awarded best manufacturer-exporter At ECGG- D & B Indian Exporter Excellence Awards 2012.

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