Balaji Amines Ltd Stock Analysis

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

BSE Share Price 23-Sep-2022 18:01
3545.50 -45.85 (-1.28%)

DeciZen - Make an Informed Decision on Balaji Amines

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Balaji Amines Price Chart

P/E Ratio (SA) :
36.03
Market Cap :
11,487.8 Cr.
52-wk low :
2,680.1
52-wk high :
4,799
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 Overvalued zone.

3. Is Balaji Amines Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Balaji Amines Ltd is likely to Rise 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 5126106056356688619509191,2281,9182,041
YoY Gr. Rt. %-19.2%-0.9%5%5.1%29%10.3%-3.2%33.6%56.2%-
Adj EPS 9.29.611.418.225.133.13634.270.59398.4
YoY Gr. Rt. %-3.4%19.2%59.7%37.9%32%8.9%-5.1%106.1%31.9%-
BVPS (₹) 53.262.473.490116.4144.2177.5206.1277368396.6
Adj Net Profit 29.930.936.958.981.2107117111228301319
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 51.9% 59.8% 116.3% -23.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 18.816.516.822.224.325.422.417.829.228.825.7
Op. Profit Mgn % 15.514.317.119.822.721.120.219.126.222.822.7
Net Profit Mgn % 5.95.16.19.312.212.512.312.118.615.715.6
Debt to Equity 1.41.310.60.30.30.20.200-
Working Cap Days 1421251391251301361722191881560
Cash Conv. Cycle 846472676263748371670

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.70%

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 45.61%

No data to display

Latest Financials - Balaji Amines Ltd.

Standalone Consolidated
TTM EPS (₹) 98.4 123.8
TTM Sales (₹ Cr.) 2,041 2,540
BVPS (₹.) 396.6 431.4
Reserves (₹ Cr.) 1,279 1,391
P/BV 8.94 8.23
PE 36.03 28.70
From the Market
52 Week Low / High (₹) 2680.05 / 4799.00
All Time Low / High (₹) 1.56 / 5220.00
Market Cap (₹ Cr.) 11,488
Equity (₹ Cr.) 6.5
Face Value (₹) 2
Industry PE 37.3

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

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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