Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Balaji Amines consolidated net profit rises 16.08% in the September 2022 quarter

Balaji Amines’ consolidated net profit rose 16.08% to Rs 92.58 crore on a 19.37% increase in revenue from operations to Rs 627.55 crore in Q2 FY23 over Q2 FY22.

Balaji Amines Q2 PAT up 16% YoY to Rs 92 cr

Balaji Amines Consolidated September 2022 Net Sales at Rs 627.56 crore, up 19.37% Y-o-Y

Balaji Amines standalone net profit declines 12.73% in the September 2022 quarter

Indus Towers, PNB Housing Finance, Tata Chemicals, SBI Cards, Balaji Amines will be in focus as they declare their September quarter earnings today.

Stocks to Watch: Dabur, Zee, Century Textile, Crompton, Gland Pharma

US New Home Sales Data will be released on October 26. Q3 GDP data and Initital Jobless Claims data will be out on October 27.  In terms of global earnings to watch out for, Meta will be releasing its numbers on October 26 and Samsung, Amazon & Apple will be releasing their results on Oct 27. Moving on to domestic cues, Dabur India, Gland Pharma, Phillips Carbon, Crompton Greaves Consumer, IIFL Finance will be releasing their results on Oct 26 while Bharti Infratel, Tata Chemicals, SBI Card, Aditya Birla AMC, Balaji Amines, PNB Housing Finance amongst others will be releasing their results on Oct 27.
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Net Sales are expected to increase by 29.01 percent Y-o-Y (up 1.19 percent Q-o-Q) to Rs 678.2 crore, according to KR Choksey.

Balaji Amines Q2 PAT seen up 40.52% YoY to Rs 123.8 cr: KR Choksey

With this, the company’s annual capacity will be 15,000 MTPA.

Balaji Amines commences production of DMC at MIDC, Solapur

Balaji Amines announced that it has completed Phase 1 of Greenfield project Unit IV and it will further add new capacities in Phase 2 of Greenfield project unit IV.

Balaji Amines commissions Phase 1 of plant

The DMC/PC and PG Plant will be ready to begin commercial production by the end of September 2022, once Phase 1 of the 90-acre Greenfield Project (Unit IV) is finished.

Balaji Amines zooms ~4% on completion of Phase 1 of Greenfield Project

The company said Phase 1 of 90-acre Greenfield Project has been completed and the Di-methyl Carbonate (DMC)/Propylene Carbonate (PC) and Propylene Glycol (PG) Plant will be ready to commence commercial production by the end of September 2022.

Balaji Amines completes first phase of expansion, stock adds over 4%

Balaji Amines Limited is an India-based company, which is engaged in the manufacturing of Aliphatic Amines, their derivatives and specialty chemicals. The Company is running a five star hotel, Balaji Sarovar Premiere. It operates through two segments: Amines & Specialty Chemicals, and Hotel. The Company manufactures methylamines, ethylamines, derivatives of specialty chemicals and natural products. Its amines products include MONOMETHYLAMINE (MMA), DIMETHYLAMINE (DMA) and TRIMETHYLAMINE (TMA). Its specialty chemicals include N-Methyl Pyrrolidone (NMP), Morpholine, 2-PYRROLIDONE (2-P), N-ETHYL-2-PYRROLIDONE, GAMMA-BUTYROLACTONE, POLYVINYLPYRROLIDONE K 30 and DIMETHYLFORMAMIDE (DMF). Its derivatives include Di-Methyl Acetamide (DMAC), Di-Ethyl Amine Hydrochloride (DMA HCL), Di-Methyl Urea (DMU) and Tri-Methyl Amine Hydrochloride (TMA HCL). Its subsidiaries include Bhagyanagar Chemicals Limited and Balaji Greentech Products Limited.

Balaji Amines Ltd

Balaji Amines Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Balaji Amines consolidated net profit rises 16.08% in the September 2022 quarter

Balaji Amines Q2 PAT up 16% YoY to Rs 92 cr

Balaji Amines Consolidated September 2022 Net Sales at Rs 627.56 crore, up 19.37% Y-o-Y

Balaji Amines standalone net profit declines 12.73% in the September 2022 quarter

Stocks to Watch: Dabur, Zee, Century Textile, Crompton, Gland Pharma

News Video

Cues To Watch Out For Today | Latest News | ET Now

Balaji Amines Q2 PAT seen up 40.52% YoY to Rs 123.8 cr: KR Choksey

Balaji Amines Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Balaji Amines consolidated net profit rises 16.08% in the September 2022 quarter

Balaji Amines Q2 PAT up 16% YoY to Rs 92 cr

Balaji Amines Consolidated September 2022 Net Sales at Rs 627.56 crore, up 19.37% Y-o-Y

Balaji Amines standalone net profit declines 12.73% in the September 2022 quarter

Stocks to Watch: Dabur, Zee, Century Textile, Crompton, Gland Pharma

News Video

Cues To Watch Out For Today | Latest News | ET Now

Balaji Amines Q2 PAT seen up 40.52% YoY to Rs 123.8 cr: KR Choksey

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock