Balaji Amines Peer Comparison

NSE: BALAMINES | BSE: 530999

₹2,390.50

₹-35.30 (-1.46%)

As on 28-Aug-2026IST

Market cap

₹7,733 Cr

Revenue (TTM)

₹1,523 Cr

P/E Ratio

37.9

P/B Ratio

3.8

Div. Yield

0.5 %

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	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Market cap (₹ Cr)	7,733	24,047	22,521	19,602	16,799
Revenue (₹ Cr)	1,523	8,575	1,224	9,013	2,258
Net Profit (₹ Cr)	210.75	783.41	235.19	531.00	387.86
Net Margin (%)	13.62	9.08	18.79	5.88	16.65
RoE (%)	10.58	13.96	10.03	8.95	15.03
Price to Earnings	37.88	30.70	95.76	36.91	43.31
Price-To-Book	3.76	3.89	8.95	3.22	6.02

Income Statement (₹ Cr)

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Operating Revenue	1,424.98	7,887.07	1,160.14	8,286.10	2,109.36
Total Income	1,453.79	7,946.94	1,181.07	8,347.25	2,163.76
Total Expenditure	1,159.55	6,903.20	796.51	7,174.82	1,668.27
EBITDA	265.43	983.87	363.64	1,111.28	441.09
Depreciation	56.38	224.64	66.42	474.14	41.23
EBIT	209.05	759.23	297.22	637.14	399.86
Interest	5.37	49.17	18.09	339.93	8.78
Other Income	28.81	59.87	20.93	61.15	54.40
Exceptional Items	--	-12.84	-8.98	6.47	--
Profit before Tax	232.49	757.09	291.09	364.83	445.48
Provision for Tax	63.33	206.43	71.62	-54.35	114.26
Profit after Tax	169.16	550.66	219.46	419.18	331.22

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Shareholder's Funds	1,976.46	5,836.83	2,455.89	5,955.17	2,371.79
Minority Interest	175.26	32.45	--	0.10	--
Non-Current Liabilities	188.78	1,505.33	88.20	2,001.28	63.11
Current Liabilities	402.04	1,278.74	657.34	5,039.27	247.09
Total Liabilities	2,742.54	8,653.35	3,201.43	13,300.23	2,681.99

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Non-Current Assets	1,801.64	5,583.97	2,029.95	8,808.49	1,624.71
Current Assets	940.89	3,069.38	1,171.47	4,187.33	1,053.12
Total Assets	2,742.54	8,653.35	3,201.43	13,300.23	2,681.99
Total Debt*	132.91	1,527.82	441.66	4,921.00	15.21
Net Current Assets	538.85	1,790.64	514.14	-851.94	806.03
Contingent Liabilities	13.74	0.53	18.84	603.03	108.28

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Cash From Operating Activities	184.04	538.95	142.38	780.80	329.72
Cash Flow from Investing Activities	-343.57	-668.65	-619.38	-1,142.10	-274.50
Cash from Financing Activities	84.57	193.35	243.86	744.64	-52.05
Net Cash Inflow / Outflow	-74.97	63.65	-233.14	383.34	3.17

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
ROCE (%)	12.00	11.58	11.65	6.95	20.41
ROE (%)	8.85	9.81	9.40	7.27	15.00
ROA (%)	6.77	6.73	7.51	3.51	13.23
EBIT Margin (%)	20.65	13.23	33.15	14.15	23.49
Net Margin (%)	11.64	6.93	18.58	5.02	15.31
Cash Profit Margin (%)	15.78	9.76	24.64	9.87	17.63

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Revenue Growth (%)	2.00	-4.77	38.33	13.99	25.78
EBIT Growth (%)	10.89	-11.47	35.98	15.55	54.33
Net Profit Growth (%)	6.66	-21.04	38.53	26.67	62.93
EPS Growth (%)	6.14	-21.04	38.44	26.63	62.93
Book Value Growth (%)	7.12	8.32	10.33	6.17	15.99

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Price / Earnings	18.93	31.90	66.18	34.51	27.61
Price / Book Value	1.60	3.01	5.93	2.43	3.86
Dividend Yield (%)	1.13	0.58	0.00	0.25	0.30
EV/EBITDA	10.29	18.03	38.90	16.01	18.24
Market Cap (₹ Cr)	3,165.59	17,560.56	14,525.20	14,462.56	9,144.50

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Debt to Equity	0.07	0.26	0.18	0.83	0.01
Short term debt to equity ratio	0.02	0.06	0.18	0.42	--
Current Ratio	2.34	2.40	1.78	0.83	4.26
Quick Ratio	1.73	1.73	0.96	0.49	3.01
Interest Coverage	44.29	16.40	17.09	2.07	51.74

	Balaji Amines	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Debtors to sales (%)	24.27	19.09	33.62	16.93	1.99
Asset Turnover	0.57	0.97	0.40	0.76	0.84
Receivable days	79.32	63.85	106.76	44.15	6.92
Inventory Days	66.52	41.09	146.98	64.26	51.75
Payable days	35.34	35.00	103.88	114.44	57.67
Cash Conversion Cycle	110.51	69.94	149.86	-6.03	1.00

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