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BALAMINES
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Recent events
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News
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Corporate Actions
Balaji Amines Ltd- Ministry Of Environment Granted Environment Clearance For Greenfield Project
Balaji Amines Ltd BAMN.NS:
BALAJI AMINES LTD- MINISTRY OF ENVIRONMENT GRANTED ENVIRONMENT CLEARANCE FOR GREENFIELD PROJECT
BALAJI AMINES LTD- CLEARANCE FOR SOLAPUR PROJECT
Source text for Eikon: ID:nBSE3lmdq8
Further company coverage: BAMN.NS
Balaji Amines Ltd BAMN.NS:
BALAJI AMINES LTD- MINISTRY OF ENVIRONMENT GRANTED ENVIRONMENT CLEARANCE FOR GREENFIELD PROJECT
BALAJI AMINES LTD- CLEARANCE FOR SOLAPUR PROJECT
Source text for Eikon: ID:nBSE3lmdq8
Further company coverage: BAMN.NS
India's Balaji Amines drops after Q1 profit slide
** Shares of India's Balaji Amines BAMN.NS drop 5.5% to 2,256.35 rupees
** Chemical maker's Q1 consol net profit slid ~18% y/y to 432.9 mln rupees ($5.2 mln), revenue dropped 17%
** Trading vols 2.6x 30-day avg
** YTD stock has fallen over 15%
($1 = 83.9475 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Balaji Amines BAMN.NS drop 5.5% to 2,256.35 rupees
** Chemical maker's Q1 consol net profit slid ~18% y/y to 432.9 mln rupees ($5.2 mln), revenue dropped 17%
** Trading vols 2.6x 30-day avg
** YTD stock has fallen over 15%
($1 = 83.9475 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Balaji Amines June-Quarter Consol Net Profit 432.9 Mln Rupees
Aug 7 (Reuters) - Balaji Amines Ltd BAMN.NS:
JUNE-QUARTER CONSOL NET PROFIT 432.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.85 BILLION RUPEES
Source text for Eikon: ID:nBSE5M1Sbs
Further company coverage: BAMN.NS
(([email protected];))
Aug 7 (Reuters) - Balaji Amines Ltd BAMN.NS:
JUNE-QUARTER CONSOL NET PROFIT 432.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.85 BILLION RUPEES
Source text for Eikon: ID:nBSE5M1Sbs
Further company coverage: BAMN.NS
(([email protected];))
India's Balaji Amines jumps 11% on Q4 profit climb
** Shares of Balaji Amines BAMN.NS rise as much as 11% to 2,315.05 rupees, set to snap eight-session losing streak
** Specialty chemicals maker reports 43.5% rise in Q4 consol net profit
** BAMN also declares dividend of 11 rupees per share
** Trading volume at ~6x the 30-day moving average in stock's busiest session in nearly one month
** Stock still down ~12% YTD, its third straight annual decline
($1 = 83.5055 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Balaji Amines BAMN.NS rise as much as 11% to 2,315.05 rupees, set to snap eight-session losing streak
** Specialty chemicals maker reports 43.5% rise in Q4 consol net profit
** BAMN also declares dividend of 11 rupees per share
** Trading volume at ~6x the 30-day moving average in stock's busiest session in nearly one month
** Stock still down ~12% YTD, its third straight annual decline
($1 = 83.5055 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
Balaji Amines Receives Bis Certification For Product Morpholine From Bureau Of Indian Standards
Jan 17 (Reuters) - Balaji Amines Ltd BAMN.NS:
RECEIVED BIS CERTIFICATION FOR PRODUCT MORPHOLINE FROM BUREAU OF INDIAN STANDARDS
Source text for Eikon: ID:nBSEc9s8Jr
Further company coverage: BAMN.NS
(([email protected];))
Jan 17 (Reuters) - Balaji Amines Ltd BAMN.NS:
RECEIVED BIS CERTIFICATION FOR PRODUCT MORPHOLINE FROM BUREAU OF INDIAN STANDARDS
Source text for Eikon: ID:nBSEc9s8Jr
Further company coverage: BAMN.NS
(([email protected];))
Balaji Amines Says Govt Of Maharashtra Approved Conferring Status Of Mega Project To Expansion Project
Jan 4 (Reuters) - Balaji Amines Ltd BAMN.NS:
GOVERNMENT OF MAHARASHTRA HAS APPROVED CONFERRING STATUS OF MEGA PROJECT TO EXPANSION PROJECT
PROJECT FOR MANUFACTURE OF SPECIALITY CHEMICALS BY UNIT
PROPOSED INVESTMENT OF 7.5 BILLION RUPEES
Source text for Eikon: ID:nBSE5Yf3Mz
Further company coverage: BAMN.NS
(([email protected];))
Jan 4 (Reuters) - Balaji Amines Ltd BAMN.NS:
GOVERNMENT OF MAHARASHTRA HAS APPROVED CONFERRING STATUS OF MEGA PROJECT TO EXPANSION PROJECT
PROJECT FOR MANUFACTURE OF SPECIALITY CHEMICALS BY UNIT
PROPOSED INVESTMENT OF 7.5 BILLION RUPEES
Source text for Eikon: ID:nBSE5Yf3Mz
Further company coverage: BAMN.NS
(([email protected];))
India's Balaji Amines jumps most in more than 2-1/2 years
** Shares of Balaji Amines BAMN.NS surges ~13% to 2327 rupees, its steepest jump since April 27, 2021
** Speciality chemicals maker's shares on track to fourth straight session of gains, if trend holds
** Stock breached 50-, 100-, and 200- day moving avgs after trading below them for more than a year
** Stock sees busiest day since May 22, with over 786,000 shares traded
** Session's gains trimmed YTD losses to 14%
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Balaji Amines BAMN.NS surges ~13% to 2327 rupees, its steepest jump since April 27, 2021
** Speciality chemicals maker's shares on track to fourth straight session of gains, if trend holds
** Stock breached 50-, 100-, and 200- day moving avgs after trading below them for more than a year
** Stock sees busiest day since May 22, with over 786,000 shares traded
** Session's gains trimmed YTD losses to 14%
(Reporting by Aleef Jahan in Bengaluru)
Balaji Amines Says Unit BSCL Withdrew DRHP Filed With SEBI
Sept 8 (Reuters) - Balaji Amines Ltd BAMN.NS:
BALAJI AMINES LTD - INTIMATION REGARDING WITHDRAWAL OF DRAFT RED HERRING PROSPECTUS FILED BY BALAJI SPECIALITY CHEMICALS LIMITED
BALAJI AMINES LTD - BSCL HAS DECIDED TO WITHDRAW DRHP FILED WITH SEBI
BALAJI AMINES LTD - UNIT BSCL HAD FILED THEIR DRHP ON AUGUST 10, 2022 WITH SEBI FOR PROPOSED IPO OF ITS EQUITY SHARES
Source text for Eikon: ID:nBSE4MYy0T
Further company coverage: BAMN.NS
(([email protected];))
Sept 8 (Reuters) - Balaji Amines Ltd BAMN.NS:
BALAJI AMINES LTD - INTIMATION REGARDING WITHDRAWAL OF DRAFT RED HERRING PROSPECTUS FILED BY BALAJI SPECIALITY CHEMICALS LIMITED
BALAJI AMINES LTD - BSCL HAS DECIDED TO WITHDRAW DRHP FILED WITH SEBI
BALAJI AMINES LTD - UNIT BSCL HAD FILED THEIR DRHP ON AUGUST 10, 2022 WITH SEBI FOR PROPOSED IPO OF ITS EQUITY SHARES
Source text for Eikon: ID:nBSE4MYy0T
Further company coverage: BAMN.NS
(([email protected];))
India's Balaji Amines June-Quarter Consol Net Profit Falls
Aug 31 (Reuters) - Balaji Amines Ltd BAMN.NS:
JUNE-QUARTER CONSOL NET PROFIT 527.3 MILLION RUPEES VERSUS 1.23 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.64 BILLION RUPEES VERSUS 6.70 BILLION RUPEES
Source text for Eikon: ID:nBSEbq37jv
Further company coverage: BAMN.NS
(([email protected];))
Aug 31 (Reuters) - Balaji Amines Ltd BAMN.NS:
JUNE-QUARTER CONSOL NET PROFIT 527.3 MILLION RUPEES VERSUS 1.23 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.64 BILLION RUPEES VERSUS 6.70 BILLION RUPEES
Source text for Eikon: ID:nBSEbq37jv
Further company coverage: BAMN.NS
(([email protected];))
India's Balaji Amines falls on delayed Q1 results
** Shares of speciality chemicals maker Balaji Amines BAMN.NS down as much as 3.89% at 2,097 rupees, their lowest since May 22
** Stock logs sharpest intraday pct loss since May 22; on track for second consecutive session of losses if trends hold
** Co flags delay in submission of financial results due to the unavailability of executives amid proposed IPO of unit Balaji Speciality Chemicals Ltd
** About 148,850 shares change hands as of 1:24 p.m. IST, 3.8x 30-day average of 39,201 shares
** Stock down 19.5% this year, as of last close
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of speciality chemicals maker Balaji Amines BAMN.NS down as much as 3.89% at 2,097 rupees, their lowest since May 22
** Stock logs sharpest intraday pct loss since May 22; on track for second consecutive session of losses if trends hold
** Co flags delay in submission of financial results due to the unavailability of executives amid proposed IPO of unit Balaji Speciality Chemicals Ltd
** About 148,850 shares change hands as of 1:24 p.m. IST, 3.8x 30-day average of 39,201 shares
** Stock down 19.5% this year, as of last close
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's Balaji Amines hits 52-week low on March-quarter earnings slide
** Shares of Balaji Amines Ltd BAMN.NS tumble as much as 18.49% to a fresh 52-week low of 1,880 rupees
** Specialty chemicals maker reports 50% Y/Y slump in March quarter profit on a 40% drop revenue
** Core profit, too, more than halves as pharma and API segments contracted - BAMN
** Co says CFO Hemanth Reddy Gaddam has resigned from the post, to focus on subsidiary firm
** Stock is most active in over two years, with a trading volume of 785,236 shares as of 12:26 p.m. IST, ~7x the 30-day avg - Refinitiv IBES data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Balaji Amines Ltd BAMN.NS tumble as much as 18.49% to a fresh 52-week low of 1,880 rupees
** Specialty chemicals maker reports 50% Y/Y slump in March quarter profit on a 40% drop revenue
** Core profit, too, more than halves as pharma and API segments contracted - BAMN
** Co says CFO Hemanth Reddy Gaddam has resigned from the post, to focus on subsidiary firm
** Stock is most active in over two years, with a trading volume of 785,236 shares as of 12:26 p.m. IST, ~7x the 30-day avg - Refinitiv IBES data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
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What does Balaji Amines do?
Balaji Amines Limited is an ISO 9001:2015 certified company specializing in manufacturing Methylamines, Ethylamines, and derivatives of Specialty Chemicals and Pharma Excipients. Established in 1988, the company is a leading manufacturer of Aliphatic Amines in India.
Who are the competitors of Balaji Amines?
Balaji Amines major competitors are Alkyl Amines Chem, Amines & Plastic, Indo Amines. Market Cap of Balaji Amines is ₹4,344 Crs. While the median market cap of its peers are ₹1,290 Crs.
Is Balaji Amines financially stable compared to its competitors?
Balaji Amines seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Balaji Amines pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Balaji Amines latest dividend payout ratio is 17.4% and 3yr average dividend payout ratio is 10.88%
How has Balaji Amines allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress
How strong is Balaji Amines balance sheet?
Balance sheet of Balaji Amines is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Balaji Amines improving?
No, profit is decreasing. The profit of Balaji Amines is ₹191 Crs for TTM, ₹205 Crs for Mar 2024 and ₹326 Crs for Mar 2023.
Is the debt of Balaji Amines increasing or decreasing?
Yes, The debt of Balaji Amines is increasing. Latest debt of Balaji Amines is -₹301.88 Crs as of Sep-24. This is greater than Mar-24 when it was -₹659.83 Crs.
Is Balaji Amines stock expensive?
Balaji Amines is not expensive. Latest PE of Balaji Amines is 23.42, while 3 year average PE is 29.91. Also latest EV/EBITDA of Balaji Amines is 14.96 while 3yr average is 17.31.
Has the share price of Balaji Amines grown faster than its competition?
Balaji Amines has given lower returns compared to its competitors. Balaji Amines has grown at ~29.42% over the last 10yrs while peers have grown at a median rate of 30.48%
Is the promoter bullish about Balaji Amines?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 54.62% and last quarter promoter holding is 53.7%.
Are mutual funds buying/selling Balaji Amines?
The mutual fund holding of Balaji Amines is stable. The current mutual fund holding in Balaji Amines is 0.13% while previous quarter holding is 0.13%.