Balaji Amines Peer Comparison

NSE: BALAMINES | BSE: 530999

₹2,085.50

₹-70.40 (-3.27%)

As on 08-Oct-2026IST

Market cap

₹6,758 Cr

Revenue (TTM)

₹1,523 Cr

P/E Ratio

33.1

P/B Ratio

3.3

Div. Yield

0.5 %

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	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Market cap (₹ Cr)	6,758	23,151	21,596	17,337	16,108
Revenue (₹ Cr)	1,523	1,224	8,575	9,013	2,258
Net Profit (₹ Cr)	210.75	235.19	783.41	531.00	387.86
Net Margin (%)	13.62	18.79	9.08	5.88	16.65
RoE (%)	10.58	10.03	13.96	8.95	15.03
Price to Earnings	33.11	98.43	27.57	32.65	41.53
Price-To-Book	3.29	9.20	3.49	2.84	5.78

Income Statement (₹ Cr)

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Operating Revenue	1,522.57	1,223.90	8,574.79	9,013.00	2,258.20
Total Income	1,547.88	1,251.61	8,624.11	9,023.00	2,329.38
Total Expenditure	1,195.95	839.85	7,243.44	7,681.00	1,761.06
EBITDA	326.61	384.05	1,331.35	1,332.00	497.14
Depreciation	56.19	73.63	237.05	484.00	47.37
EBIT	270.42	310.42	1,094.30	848.00	449.77
Interest	6.05	18.87	60.80	364.00	8.60
Other Income	25.31	27.71	49.32	10.00	71.18
Exceptional Items	0.00	-6.34	-12.84	8.00	0.00
Profit before Tax	289.68	312.91	1,069.98	502.00	512.35
Provision for Tax	78.93	77.72	286.57	-29.00	124.49
Profit after Tax	210.75	235.19	783.41	531.00	387.86

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Shareholder's Funds	1,976.46	2,455.89	5,836.83	5,955.00	2,656.16
Minority Interest	-6.61	0.00	-0.15	0.00	0.00
Non-Current Liabilities	188.78	88.20	1,532.66	2,306.00	62.64
Current Liabilities	402.04	657.34	1,278.74	5,038.00	292.39
Total Liabilities	2,742.54	3,201.43	8,653.35	13,300.23	3,010.24

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Non-Current Assets	1,554.23	1,754.09	5,145.91	8,995.00	1,684.25
Current Assets	940.89	1,171.47	3,069.38	4,187.00	1,295.48
Total Assets	2,742.54	3,201.43	8,653.35	13,300.23	3,010.24
Total Debt*	132.91	441.66	1,527.82	4,921.00	0.00
Net Current Assets	538.85	514.14	1,790.64	-851.00	1,003.09
Contingent Liabilities	13.74	18.84	0.53	603.03	150.14

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

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
ROCE (%)	12.00	11.65	11.58	6.95	18.08
ROE (%)	10.58	10.03	13.96	8.95	15.03
ROA (%)	8.44	8.05	9.55	4.35	13.63
EBIT Margin (%)	17.76	25.36	12.76	9.41	19.92
Net Margin (%)	13.62	18.79	9.08	5.88	16.65
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Revenue Growth (%)	11.08	33.72	7.12	27.03	6.02
EBIT Growth (%)	59.08	34.90	41.57	85.15	15.14
Net Profit Growth (%)	40.91	34.01	29.05	124.05	19.02
EPS Growth (%)	34.10	30.29	30.59	123.11	19.02
Book Value Growth (%)	7.12	10.33	8.32	6.17	11.99

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Price / Earnings	33.16	96.20	27.26	33.13	41.62
Price / Book Value	3.29	9.18	3.49	2.84	5.79
Dividend Yield (%)	0.53	0.00	0.47	0.21	0.17
EV/EBITDA	20.30	61.27	17.03	16.23	30.92
Market Cap (₹ Cr)	3,165.59	14,525.20	17,560.56	14,462.56	7,859.25

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Debt to Equity	0.03	0.00	0.19	0.37	0.00
Short term debt to equity ratio	0.02	0.18	0.06	0.42	--
Current Ratio	2.34	1.78	2.40	0.83	4.43
Quick Ratio	1.73	0.96	1.73	0.49	3.10
Interest Coverage	48.85	17.58	18.60	2.38	60.58

	Balaji Amines	Aether	Deepak Nitrite	Aarti	Garware Hi-Tech
Debtors to sales (%)	22.72	31.87	17.56	15.57	2.35
Asset Turnover	0.61	0.42	1.05	0.74	0.79
Receivable days	79.32	106.76	63.85	44.15	8.14
Inventory Days	66.52	146.98	41.09	64.26	59.80
Payable days	35.34	103.88	35.00	114.44	62.71
Cash Conversion Cycle	110.51	149.86	69.94	-6.03	5.23

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