Will Balaji Amines’ Share Price Keep Climbing in 2030? In this article, we’ll dive into the factors shaping Balaji Amines’ 2030 stock price outlook, offering insights for investors.
As of 13th November 2023, Balaji Animes is trading at Rs. 2,025 with a market cap of Rs. 6550 Crore.
About Balaji Amines
Balaji Amines Ltd, a prominent Indian chemical manufacturer, specializes in Ethylamines, Methylamines, specialty chemical derivatives, and Pharma Excipients. They offer a diverse portfolio of over 30 products, serving industries like Pharma, Agro, and chemicals.
With a global presence spanning 50+ countries, including the USA, UK, and Latin America, they generate 19% of their revenue from international markets. Their esteemed clientele includes Sun Pharmaceuticals, Dr. Reddy’s, Aurobindo Pharma, and Indian Oil, underscoring their commitment to excellence.
Operating five advanced facilities in Maharashtra and Telangana, they have a capacity of 2,31,000 MTPA for amines and derivatives, plus 45,000 MTPA for specialty chemicals. Recently completing Phase-1 of a Greenfield Project for Ethylamines, they’re poised for Phase-2 expansion with new products, subject to regulatory approvals, expected between mid-FY24 and FY25.
The market capitalization of the Balaji Amines is ₹7,222 crore, while the current stock price stands at ₹2,229. Balaji Amines Ltd faces competition from several key players in the chemical industry, including SRF, Gujarat Fluorochemicals, Tata Chemicals, and Linde India.
Q1 Fy2024 Key Points And Summary
Overall, these financial figures indicate a challenging financial performance for the Balaji Amines in Q1FY24 compared to the same period in the previous fiscal year, with lower revenue, reduced profitability, and lower earnings per share.
Shareholding Pattern Analysis
The Balaji Amines’s shareholding pattern has been stable. As of June 2023, promoters hold the majority at 53.71%.
Foreign Institutional Investors (FIIs) increased their stake from 0.26% in March 2016 to 4.55% in June 2023, showing growing international interest.
Domestic Institutional Investors (DIIs) had varying ownership, peaking at 1.90% in March 2018 but declining to 0.18% in June 2023.
Public ownership fluctuated, reaching a low of 41.32% in March 2017 and a high of 44.33% in March 2020. As of June 2023, the public holds 41.57% of shares.
The number of shareholders surged from 6,665 in March 2016 to 1,40,957 in June 2023, indicating a growing investor base.
Balaji Amines Share Price Target 2023 To 2030
Balaji Amines Share Price Target 2023
|When||Maximum Price||Minimum Price|
Balaji Amines Share Price Target 2026 To 2030
|Year||Maximum Price (₹)||Minimum Price (₹)|
In 2026, it is anticipated that the share price will range from a stable ₹3,537.35 (maximum) to ₹2,476.14 (minimum). Transitioning to 2027, it is expected that the maximum share price will rise to ₹3,891.08, possibly indicating investor confidence, while the minimum is expected to remain steady at ₹2,723.76.
The year 2028 is expected to witness a significant surge. The maximum share price is expected to reach ₹5,447.51, possibly due to market optimism or company achievements. Remarkably, the minimum price is expected to hold at ₹2,723.76, underscoring price stability in the lower range.
In 2030, both the maximum and minimum share prices are expected to see significant increases. The maximum is expected to soar to ₹6,131.40, suggesting substantial growth and heightened investor enthusiasm, while the minimum is also expected to rise to ₹4,291.98, indicating a higher baseline value.
Balaji Amines Financial Condition (Last 5 Years)
|Mar 2019||Mar 2020||Mar 2021||Mar 2022||Mar 2023|
|Other Income +
|Profit before tax
|Net Profit +
|EPS in Rs||36.27||32.34||73.51||113.71||100.47|
|Dividend Payout %||8%||10%||5%||5%||10%|
What Is the Current Share Price?
The current share price is ₹2,229.
What Is the Current Valuation of Balaji Amines – Market Cap?
The current valuation of Balaji Amines is ₹7,222 Crores (₹7,222 Cr.) based on its market capitalization.