Balaji Amines share price today

Balaji Amines Ltd's share price was ₹1,771.10 at the close on 4 November 2026. It has been rising for 23 weeks. That is 4.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,001 and ₹2,525, and at that close it sat 51% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Balaji Amines Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 6 weeks running.

Over the last 11 years the share price moved +1,213% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 15 quarters, highest quarterly profit in 14 quarters and highest quarterly revenue in 12 quarters.

1. Best operating margin in 15 quarters

   Operating margin was 25% in the June 2026 quarter, against 15% a year earlier.

2. Highest quarterly profit in 14 quarters

   Profit of ₹78 crore in the June 2026 quarter is the highest of the last 14 quarters.

3. Highest quarterly revenue in 12 quarters

   Revenue of ₹456 crore in the June 2026 quarter is the highest of the last 12 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Balaji Amines reported revenue of ₹456 crore, up 27.4% from ₹358 crore a year earlier, and a profit of ₹78.0 crore, up 110.8% from ₹37.0 crore.

Balaji Amines results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 18 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Balaji Amines closed at ₹1,771.10 on 4 November 2026, up 26.7% from ₹1,397.70 a year earlier (7 November 2025) and down 48.7% over five years. Its highest weekly close since March 2016 was ₹4,780.95 on 17 September 2021.

Balaji Amines share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Balaji Amines closed at ₹1,771.10, up 0.3% on the week and down 13.7% on the month. 3 Jul 2026: ex-date for a dividend of ₹11 a share.

Earlier

• Results for April to June 2026: Revenue up 27.4% and profit up 110.8% on a year earlier.
• 18 May 2026: Balaji Amines held its results call for January to March 2026. Management guided: Consolidated volume growth 25-30% by end FY27 from current run-rate.

Balaji Amines paid ₹11 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.62% at the ₹1,771.10 close on 4 November 2026. The last was a dividend of ₹11 a share, ex-date 3 July 2026.

Balaji Amines dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Balaji Amines Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 18 May 2026, Balaji Amines' management guided: Consolidated volume growth 25-30% by end FY27 from current run-rate.

“We should see minimum 25 to 30 percent volume growth by FY27 end from current volumes, with EBITDA sustainable between 22 to 23 percent on total sales”Management D. Ram Reddy, on the call for January to March 2026

What management guided

• Operating margin 22-23% sustainable on total sales going forward.
• FY27 volume growth 10-15% consolidated (conservative baseline) to account for new-product ramp delays and customer trials; volume front-loading expected post-ramp once product stabilization complete.
• DME utilization: 30-40% in FY27, ramping 50-60% by year-end, then 80-90% in subsequent years; full capacity 1 lakh TPA with ₹80-100 pricing yields ₹640-720 crore revenue potential at 80% utilization.
• Consolidated capital spending FY27 ₹275-290 crore: standalone ₹20 crore balance (DME/NMM/ACN), BSC ₹250-275 crore.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 18 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Balaji Amines reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: DME road transport approval expected within ~1 month per management - critical gate for commercial supply commencement; if delayed beyond guided timeline, April to June 2026 production and revenue completely deferred; next call to flag approval status and production ramp trajectory.

Balaji Amines is not on any of our India lists this week.

Balaji Amines Ltd earned ₹78.0 Cr of net profit in the Jun 2026 quarter, +110.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹169 Cr. Over 10 years profit has grown 11.3% a year on average. That is 17.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹37.0 Cr.

For the full year, FY26 profit was ₹169 Cr (+6.3% on the year before).

Why profit moved: revenue changed +27.4% on a year earlier and the margin moved +10.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +40.9% and revenue +10.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Balaji Amines Ltd reported ₹456 Cr of revenue in the Jun 2026 quarter, +27.4% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 8.3% a year on average. The last full year, FY26, came in at ₹1,419 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,523 Cr.

FY26 revenue was ₹1,419 Cr, +2.2% on the year before.

Recent pace: the last four quarters grew +10.8% on average, against 8.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.1%, against −1.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +41.6%, against +0.2% a year (accelerating).

Balaji Amines Ltd's operating margin was 25.0% in the Jun 2026 quarter, 10.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 15.0% and 29.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +10.2 percentage points on the year while gross margin changed +3.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 138% of Balaji Amines Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹184 Cr of operating cash against ₹169 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹370 Cr of spending on assets, free cash was −₹186 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 138% of profit came in as cash: the cash cycle got 59 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 5.4× depreciation over three years. The next section checks what that spending is building.

Balaji Amines Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 163 days in FY26, up from 104 days in FY21. It spent ₹811 Cr on assets over the last 3 years. Customers take 89 days to pay, and stock sits for 113 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,419 Cr, each day of that cycle ties up about ₹3.9 Cr, so roughly ₹634 Cr is tied up in the business at any time.

FY26: customers took 89 days to pay and stock sat for 113 days, about 3.7 months of sales sitting as stock, for a full cycle of 163 days, longer than FY21's 104.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 113 days. Customers pay about 89 days after that. Suppliers are paid at 39 days. Together that makes the 163-day cycle.

Spending on assets: ₹811 Cr over the last 3 years, against ₹149 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹512 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Balaji Amines Ltd's P/E is 28.1×, in the middle of its own history: higher than 64% of past readings. Its usual P/E (the middle reading) is 24.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.