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Balaji Amines BALAMINES.NS · INR

Materials · NSE · 🇮🇳 India

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1,796.70

+2.00%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹14.25bn

FY2017FY2026

Net income

₹1.67bn

FY2017FY2026

Free cash flow

−₹1.74bn

FY2017FY2026

Shareholders' equity

₹19.76bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹14.25bn₹13.97bn₹16.08bn₹23.38bn₹23.20bn₹13.11bn₹9.36bn₹9.43bn₹8.64bn₹6.70bn
Research and development₹4.4m₹7.8m₹7.1m₹12.2m₹5.6m₹9.4m₹5.4m₹4.9m₹5.0m₹5.6m
Operating income₹2.36bn₹2.17bn₹2.69bn₹5.79bn₹5.95bn₹3.36bn₹1.50bn₹1.76bn₹1.73bn₹1.37bn
Net income₹1.67bn₹1.58bn₹2.05bn₹3.26bn₹3.68bn₹2.38bn₹1.05bn₹1.17bn₹1.13bn₹823.5m
Diluted earnings per share51.6147.5663.21100.47113.7173.5132.3536.1134.9425.42

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹27.43bn₹22.52bn₹21.46bn₹19.63bn₹18.75bn₹13.10bn₹11.13bn₹10.46bn₹8.48bn₹6.35bn
Cash and short-term investments₹2.71bn₹3.50bn₹3.31bn₹3.09bn₹515.4m₹173.2m₹518.1m₹144.8m₹22.2m₹34.9m
Total liabilities₹5.91bn₹2.34bn₹2.53bn₹2.65bn₹5.60bn₹4.00bn₹4.45bn₹4.54bn₹3.63bn₹2.81bn
Debt₹1.33bn₹110.3m₹197.0m₹575.7m₹1.01bn₹1.27bn₹2.60bn₹2.27bn₹1.52bn₹1.05bn
Shareholders' equity₹19.76bn₹18.45bn₹17.22bn₹15.54bn₹12.50bn₹8.94bn₹6.58bn₹5.74bn₹4.67bn₹3.54bn
Shares outstanding32m33m32m32m32m32m32m32m32m32m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹1.96bn₹2.73bn₹2.24bn₹3.82bn₹2.32bn₹1.10bn₹1.24bn₹942.1m₹1.40bn₹521.5m
Capital spending−₹3.70bn−₹1.86bn−₹2.64bn−₹1.20bn−₹1.48bn−₹1.32bn−₹601.4m−₹1.70bn−₹1.11bn−₹136.4m
Free cash flow−₹1.74bn₹874.8m−₹395.0m₹2.62bn₹842.1m−₹221.1m₹639.4m−₹755.8m₹287.3m₹385.1m
Dividends paid−₹356.4m−₹356.4m−₹324.0m−₹194.4m−₹129.6m−₹19.4m−₹211.1m−₹101.4m−₹85.8m−₹64.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹4.56bn₹3.95bn₹3.31bn₹3.41bn₹3.58bn₹3.53bn₹3.13bn₹3.47bn
Operating income₹1.02bn₹803.0m₹474.9m₹525.9m₹497.4m₹547.9m₹416.9m₹578.7m
Net income₹749.4m₹631.7m₹314.3m₹345.6m₹380.0m₹400.6m₹331.9m₹409.8m
Diluted earnings per share23.1319.509.4910.4311.4712.1010.2412.64
Cash from operations———₹222.0m—₹2.55bn—₹1.95bn
Capital spending———−₹1.84bn—−₹2.06bn—−₹956.0m
Free cash flow———−₹1.62bn—₹498.0m—₹996.0m
Total assets—₹27.43bn—₹23.31bn—₹22.52bn—₹21.53bn
Cash and short-term investments₹2.70bn₹2.70bn₹1.86bn₹1.86bn₹3.50bn₹3.50bn₹3.17bn₹3.18bn
Debt—₹1.33bn—₹314.5m—₹110.8m—₹151.5m
Shareholders' equity₹21.52bn₹19.76bn₹20.56bn₹18.82bn₹20.18bn₹18.45bn₹19.45bn₹17.70bn

Financial ratios

Data as of 21 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin16.6%15.5%16.7%24.8%25.7%25.6%
Net margin11.7%11.3%12.7%13.9%15.9%18.2%
Return on equity8.5%8.5%11.9%20.9%29.5%26.6%
Return on assets6.1%7.0%9.5%16.6%19.7%18.2%
Free cash flow yield8.2%6.5%7.1%7.3%5.5%3.5%
Revenue growth2.0%-13.1%-31.2%0.7%76.9%40.1%
Earnings growth6.2%-23.1%-37.1%-11.6%54.7%127.3%
Current ratio2.34x7.26x6.70x6.92x3.02x2.38x
Debt to equity0.07x0.01x0.01x0.04x0.08x0.14x
Equity ratio72.1%81.9%80.2%79.2%66.7%68.3%
Interest coverage43.92x58.66x41.70x48.35x34.82x18.38x
R&D as a share of sales0.0%0.1%0.0%0.1%0.0%0.1%
Buybacks as a share of market value2.2%-2.2%-0.0%0.0%0.0%-0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-15.2%1.7%8.3%
Operating income-25.9%-6.8%10.4%
Net income-19.9%-6.8%11.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin16.0%19.2%21.5%20.4%
Net margin11.5%12.6%14.1%13.4%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings35.223.628.326.623.846.428.611.113.125.1
Price to sales4.12.73.63.73.88.43.21.41.73.1

Dividends and splits

Per share, in the currency the company pays

Paid for 18 years. Last went ex-dividend on 3 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year11.0011.0011.0010.006.004.000.605.40
  • 5-for-1 split · 18 Nov 2010

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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