Balaji Amines Limited

BSE:530999 Stock Report

Market Cap: ₹66.2b

Balaji Amines Management

Management criteria checks 3/4

Balaji Amines' CEO is Dundurapu Reddy, appointed in May 2023, has a tenure of 3.25 years. total yearly compensation is ₹67.77M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 2.18% of the company’s shares, worth ₹1.44B. The average tenure of the management team and the board of directors is 3.3 years and 8.3 years respectively.

Key information

Dundurapu Reddy

Chief executive officer

₹67.8m

Total compensation

CEO salary percentage10.25%
CEO tenure3.3yrs
CEO ownership2.2%
Management average tenure3.3yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

Narrative Update • Jul 23

530999: Rich Future P/E Expectations Will Likely Limit Share Price Upside

The analyst price target for Balaji Amines has shifted from ₹1,447.50 to ₹2,085.67. Analysts point to updated assumptions around revenue growth, profit margins, discount rate and future P/E expectations to support this change.
Narrative Update • Jul 09

530999: Higher Future P E Will Support Returns Despite Slight Margin Pressure

Analysts have raised their fair value estimate for Balaji Amines from ₹1,494 to ₹3,327, citing revised assumptions on the discount rate, revenue growth, profit margin and forward P/E as the key drivers of the updated price target. What’s in the News for Balaji Amines Balaji Amines has scheduled a Board Meeting on May 13, 2026.
Narrative Update • Jun 18

530999: Higher P E And Weaker Margins Will Pressure Future Returns

Analysts have raised their price target on Balaji Amines to ₹1,494 from ₹1,334, reflecting updated assumptions for revenue growth, profit margins and future P/E expectations. What’s in the News for Balaji Amines Balaji Amines has scheduled a board meeting for May 13, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update • May 21

530999: Lower Multiple Expectations Will Drive Cautious View Despite Margin Optimism

Analysts have trimmed their fair value estimate for Balaji Amines from ₹1,561 to ₹1,334, citing updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Board meeting scheduled for May 13, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments) Board to consider recommending a final dividend on equity shares for the financial year ended March 31, 2026, subject to shareholder approval at the 38th Annual General Meeting (Key Developments) Matters related to the upcoming 38th Annual General Meeting, including formal approvals and shareholder items, are also on the board meeting agenda (Key Developments) Valuation Changes Fair Value: Trimmed from ₹1,561 to ₹1,334, indicating a lower central estimate for the stock's worth based on updated assumptions.
Narrative Update • May 07

530999: Higher Assumed Margins And P E Multiple Will Likely Limit Upside

Analysts have maintained their price target for Balaji Amines at ₹1,334. This reflects updated views based on a slightly lower discount rate, a modestly higher assumed revenue growth of 21.69% and a profit margin of 14.49%, as well as a revised future P/E assumption of 18.64x.
Narrative Update • Apr 23

530999: Higher Revenue Outlook And Lean Margins Will Support Future Upside

Analysts have trimmed their price target for Balaji Amines from ₹1,616.67 to ₹1,447.50, reflecting updated assumptions around discount rate, revenue growth, profit margin, and future P/E. Valuation Changes Fair Value: Trimmed from ₹1,616.67 to ₹1,447.50, indicating a lower central estimate for the share price.
Narrative Update • Apr 08

530999: Higher Margin Outlook And Upcoming Results Will Support Bullish Repricing

Analysts have kept the price target for Balaji Amines steady at ₹1,561, citing slightly adjusted assumptions on the discount rate, revenue growth, profit margin and forward P/E as the main factors behind the unchanged view. What's in the News A board meeting is scheduled for January 29, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update • Mar 24

530999: Refined Margins And P E Assumptions Will Likely Support Returns

Analysts have maintained their fair value estimate for Balaji Amines at ₹1,334. The steady price target is supported by only small adjustments to the discount rate, revenue growth assumptions, profit margin and future P/E expectations.
Narrative Update • Mar 10

530999: Refined Margins And P E Assumptions Will Likely Support Returns

Analysts have kept their fair value estimate for Balaji Amines steady at ₹1,334, with small refinements to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged price target. What's in the News A board meeting is scheduled on Jan 29, 2026 to consider, approve and take on record the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update • Feb 23

530999: Higher Future P E And Margins Will Likely Support Returns

Analysts have maintained their price target for Balaji Amines at ₹1,334, reflecting a balance between a lower discount rate, slightly adjusted revenue growth assumptions, a modestly higher profit margin outlook, and a marginally higher future P/E multiple. What's in the News Board meeting scheduled for January 29, 2026, to review and approve the unaudited standalone financial results for the quarter and nine months ended December 31, 2025.
Narrative Update • Feb 09

530999: Higher Margin Outlook And Upcoming Results Will Support Bullish Repricing

Analysts have revised their price target for Balaji Amines from ₹2,331 to ₹1,561, reflecting updated views on a lower assumed revenue growth rate, a slightly higher discount rate, a higher profit margin, and a reduced future P/E multiple. What's in the News Board meeting scheduled for Jan 29, 2026, to review and approve the unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update • Jan 25

530999: Richer Forward P/E Will Likely Support Returns Despite Thinner Margins

Analysts have raised their price target for Balaji Amines from ₹1,185 to ₹1,334, reflecting revised assumptions of higher revenue growth and a richer forward P/E multiple, partly offset by a lower profit margin outlook and a slightly higher discount rate. What's in the News Board meeting scheduled on Jan 29, 2026, to consider, approve and take on record the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update • Jan 10

530999: Stable Margins And Upcoming Results Will Support Further Upside

Analysts have maintained their price target for Balaji Amines at ₹1,616.67, reflecting largely unchanged assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled for November 10, 2025, to consider and approve the unaudited standalone financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update • Dec 25

530999 Will Likely See Slower Expansion Offset By Stronger Profit Margins

Analysts have reduced their fair value estimate for Balaji Amines to ₹1,185 from ₹1,598, citing expectations of slower revenue growth and a lower future P E multiple. This is partially offset by improved projected profit margins and a slightly higher discount rate.
Narrative Update • Dec 11

530999: Stable Margins And Growth Outlook Will Support Further Upside

Analysts have modestly lifted their price target on Balaji Amines to ₹1,616.67 per share, reflecting slightly higher assumed discount rates and steady long term growth and margin expectations that together support a marginally richer valuation multiple. What's in the News Board meeting scheduled on November 10, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update • Nov 27

530999: Rising Profit Margins Will Drive Further Upside Despite Slower Sales

Analysts have revised their price target for Balaji Amines downward from ₹1,847 to ₹1,617. This change is due to expectations of slower revenue growth, even though profit margin projections have improved.
Narrative Update • Sep 05

New Plant Launches And Certifications Set To Drive Future Operational Efficiency And Revenue Potential

With both the Future P/E and Discount Rate showing only marginal changes, analysts have effectively maintained their valuation outlook for Balaji Amines, resulting in an unchanged consensus price target of ₹1847. What's in the News Board meeting scheduled to consider and approve un-audited standalone and consolidated financial results for the quarter ended 30 June 2025.
User avatar
New Narrative • Feb 02

New Plant Launches And Certifications Set To Drive Future Operational Efficiency And Revenue Potential

New plant expansions and strategic focus on high-margin products promise revenue growth and improved net margins through enhanced efficiency and diversification.

CEO Compensation Analysis

How has Dundurapu Reddy's remuneration changed compared to Balaji Amines's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹2b

Mar 31 2026n/an/a

₹2b

Dec 31 2025n/an/a

₹1b

Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹2b

Mar 31 2025₹68m₹7m

₹2b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹72m₹8m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹67m₹5m

₹3b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹94m₹5m

₹4b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹69m₹4m

₹2b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹34m₹4m

₹1b

Compensation vs Market: Dundurapu's total compensation ($USD711.08K) is above average for companies of similar size in the Indian market ($USD401.20K).

Compensation vs Earnings: Dundurapu's compensation has been consistent with company performance over the past year.

CEO

Dundurapu Reddy (65 yo)

3.3yrs
Tenure
₹67,773,347
Compensation

Mr. Dundurapu Ram Reddy serves as Managing Director of Balaji Amines Limited since May 20, 2023. He served as Joint Managing Director of Balaji Amines Ltd since May 14, 2018 until May 20, 2023. Mr. Reddy s...

Leadership Team

NamePositionTenureCompensationOwnership
Ande Reddy
Executive Chairman37.8yrs₹90.36m15.34%
₹ 10.2b
Dundurapu Reddy
MD & Whole Time Director3.3yrs₹67.77m2.18%
₹ 1.4b
Ande Reddy
Whole-Time Director & CFO3.3yrs₹67.77m11.29%
₹ 7.5b
Rajeshwar Reddy Nomula
Whole-Time Director3.3yrs₹6.95m1.84%
₹ 1.2b
Govind Menchekare
Senior General Manager of Operationsno data₹2.00mno data
Abhijeet Kothadiya
Company Secretary & Compliance Officer1.7yrsno datano data
Sadik Patel
General Manager of Marketingno datano datano data
Varsha Guntuk
Senior Manager of Human Resourceno datano datano data
3.3yrs
Average Tenure
65yo
Average Age

Experienced Management: 530999's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ande Reddy
Executive Chairman37.8yrs₹90.36m15.34%
₹ 10.2b
Dundurapu Reddy
MD & Whole Time Director37.6yrs₹67.77m2.18%
₹ 1.4b
Ande Reddy
Whole-Time Director & CFO13.3yrs₹67.77m11.29%
₹ 7.5b
Rajeshwar Reddy Nomula
Whole-Time Director37.8yrs₹6.95m1.84%
₹ 1.2b
Suhasini Shah
Independent Director3.3yrs₹118.00kno data
Adabala Rao
Independent Director3.3yrs₹118.00kno data
Uma Pradhan
Independent Director3.3yrs₹93.00kno data
Mohan Ramakrishna
Independent Director3.3yrs₹91.00kno data
8.3yrs
Average Tenure
66yo
Average Age

Experienced Board: 530999's board of directors are considered experienced (8.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/10 20:55
End of Day Share Price 2026/08/10 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Balaji Amines Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nilesh GhugeHDFC Securities Limited
Jay GandhiHDFC Securities Limited
Keshav LahotiHDFC Securities Limited