Balaji Amines is engaged in the business of manufacture and sale of Speciality Chemicals.balaji Amines Ltd (BAL) specialized in manufacturing Methylamines, Ethylamines, Derivatives of Specialty Chemicals, and Natural products. Amines are a derivative of ammonia and are reused in making azo-dyes and nylon apart from medicines and drugs. They are widely used in developing chemicals for crop protection, medication, and water purification. They also find use in products of personal care. Ethanolamines are the most common type of amine used in the global market. These derivatives are used in pharmaceutical and pesticide industries. The company is a leading manufacturer of Aliphatic Amines in India catering to the growing requirements of value-based Specialty Chemicals. BAL has been consistently adding capacities and fine-tuning processes to provide quality products at the lowest cost to the customers
- Market Cap: 1,490 Cr.
- Current Price: 459.90
- 52 weeks High / Low 489.20 / 200.00
- Book Value: 203.12
- Stock P/E: 14.22
- Dividend Yield: 0.70 %
- ROCE: 25.08 %
- ROE: 22.04 %
- Sales Growth (3Yrs): 13.65 %
- Face Value: 2.00
- PEG Ratio: 0.50
- Promoter holding: 53.67 %
- Pledged percentage: 0.00 %
- Debt: 241.39 Cr.
- Price to Earning: 13.92
- EPS: 32.34
- Net profit: 104.81 Cr.
- Profit growth: -10.82 %
- Profit growth 7Years: 18.43 %
- Net profit preceding 12months: 100.44 Cr.
- Profit growth 3Years: 25.81 %
- Dividend yield: 0.71 %
- Debt to equity: 0.37
- Sales last year: 940.12 Cr.
- Sales growth: -0.62 %
- Unpledged promoter holding: 53.67 %
- Investments: 47.50 Cr.
- Intrinsic Value: 257.89
Attractive financial and valuation: The Company has a healthy balance sheet with small debt on the book (D/E <0.3x). It has been generating a strong financial number with a robust EBITDA margin of +20% while return ratios are >22%. Recent quarter performance has been impressive despite headwinds. At the current price, the stock is trading at 12x of its FY20 earnings.
CMP :- 450/-
TARGET :- 700/-
Note :- before investment advice your financial advisor.
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