Balaji Amines Peer Comparison

NSE: BALAMINES | BSE: 530999

₹1,774.70

₹-36.30 (-2.00%)

As on 03-Nov-2026IST

Market cap

₹5,735 Cr

Revenue (TTM)

₹1,650 Cr

P/E Ratio

24.2

P/B Ratio

2.8

Div. Yield

0.6 %

Edit

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Market cap (₹ Cr)	5,735	19,934	20,747	17,184	15,937
Revenue (₹ Cr)	1,650	1,296	9,749	2,384	10,581
Net Profit (₹ Cr)	241.12	249.23	1,062.34	426.07	596.00
Net Margin (%)	14.42	18.88	10.85	17.31	5.62
RoE (%)	11.67	9.98	17.41	15.32	9.97
Price to Earnings	24.21	79.98	19.53	40.33	26.83
Price-To-Book	2.75	7.69	3.20	5.91	2.54

Income Statement (₹ Cr)

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Operating Revenue	1,649.61	1,296.02	9,749.27	2,384.04	10,581.00
Total Income	1,672.25	1,320.11	9,794.93	2,460.89	10,598.00
Total Expenditure	1,281.23	889.54	7,995.34	1,836.87	9,130.00
EBITDA	368.38	406.48	1,753.93	547.17	1,451.00
Depreciation	57.23	78.80	255.10	49.61	489.00
EBIT	311.15	327.69	1,498.83	497.56	962.00
Interest	6.44	20.95	82.00	9.39	352.00
Other Income	22.64	24.09	45.66	76.85	17.00
Exceptional Items	0.00	-3.66	-12.84	0.00	-13.00
Profit before Tax	327.35	327.16	1,449.65	565.02	614.00
Provision for Tax	86.23	77.93	387.31	138.95	18.00
Profit after Tax	241.12	249.23	1,062.34	426.07	596.00

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Shareholder's Funds	2,083.02	2,593.77	6,475.74	2,906.85	6,264.00
Minority Interest	-4.27	0.00	-0.12	0.00	0.00
Non-Current Liabilities	261.04	306.97	1,516.49	69.37	2,100.00
Current Liabilities	208.35	701.52	1,775.93	343.33	5,914.00
Total Liabilities	2,742.54	3,201.43	8,653.35	3,010.24	13,300.23

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Non-Current Assets	1,680.00	1,958.51	5,607.33	1,707.20	9,228.00
Current Assets	1,007.59	1,370.00	3,565.08	1,558.93	4,934.00
Total Assets	2,742.54	3,201.43	8,653.35	3,010.24	13,300.23
Total Debt*	132.91	441.66	1,527.82	0.00	4,921.00
Net Current Assets	799.24	668.48	1,789.15	1,215.60	-980.00
Contingent Liabilities	13.74	18.84	0.53	150.14	603.03

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Cash From Operating Activities	184.04	142.38	538.95	275.33	780.80
Cash Flow from Investing Activities	-343.57	-619.38	-668.65	-208.16	-1,142.10
Cash from Financing Activities	84.57	243.86	193.35	-59.55	744.64
Net Cash Inflow / Outflow	-74.97	-233.14	63.65	7.62	383.34

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
ROCE (%)	12.00	11.65	11.58	18.08	6.95
ROE (%)	11.67	9.98	17.41	15.32	9.97
ROA (%)	9.53	7.73	12.01	13.85	4.59
EBIT Margin (%)	18.86	25.28	15.37	20.87	9.09
Net Margin (%)	14.42	18.88	10.85	17.31	5.62
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Revenue Growth (%)	20.91	30.04	23.80	14.67	39.81
EBIT Growth (%)	86.50	26.63	122.08	33.52	78.15
Net Profit Growth (%)	66.05	28.03	99.83	36.19	104.81
EPS Growth (%)	62.44	24.20	101.63	36.19	127.98
Book Value Growth (%)	7.12	10.33	8.32	11.99	6.17

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Price / Earnings	24.21	79.07	19.36	40.33	26.16
Price / Book Value	2.75	7.69	3.20	5.91	2.54
Dividend Yield (%)	0.62	0.00	0.49	0.16	0.23
EV/EBITDA	15.19	50.11	12.44	29.99	13.96
Market Cap (₹ Cr)	3,165.59	14,525.20	17,560.56	7,859.25	14,462.56

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Debt to Equity	0.06	0.08	0.17	0.00	0.32
Short term debt to equity ratio	0.02	0.18	0.06	--	0.42
Current Ratio	4.84	1.95	2.01	4.54	0.83
Quick Ratio	3.48	0.93	1.48	3.20	0.45
Interest Coverage	51.85	16.62	18.68	61.17	2.74

	Balaji Amines	Aether	Deepak Nitrite	Garware Hi-Tech	Aarti
Debtors to sales (%)	23.57	30.12	20.10	3.00	16.08
Asset Turnover	0.65	0.40	1.10	0.78	0.81
Receivable days	79.32	106.76	63.85	8.14	44.15
Inventory Days	66.52	146.98	41.09	59.80	64.26
Payable days	35.34	103.88	35.00	62.71	114.44
Cash Conversion Cycle	110.51	149.86	69.94	5.23	-6.03

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.