Balaji Amines Limited (BALAMINES) - Net Assets

Latest as of September 2025: Rs20.56 Billion INR ≈ $222.39 Million USD

Based on the latest financial reports, Balaji Amines Limited (BALAMINES) has net assets worth Rs20.56 Billion INR (≈ $222.39 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs23.31 Billion ≈ $252.14 Million USD) and total liabilities (Rs2.75 Billion ≈ $29.75 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BALAMINES intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs20.56 Billion
% of Total Assets	88.2%
Annual Growth Rate	24.27%
5-Year Change	121.82%
10-Year Change	620.31%
Growth Volatility	9.52

Balaji Amines Limited - Net Assets Trend (2006–2025)

This chart illustrates how Balaji Amines Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Balaji Amines Limited to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Balaji Amines Limited (2006–2025)

The table below shows the annual net assets of Balaji Amines Limited from 2006 to 2025. For live valuation and market cap data, see Balaji Amines Limited (BALAMINES) total market value.

Year	Net Assets	Change
2025-03-31	Rs20.18 Billion ≈ $218.28 Million	+6.61%
2024-03-31	Rs18.93 Billion ≈ $204.75 Million	+11.49%
2023-03-31	Rs16.98 Billion ≈ $183.65 Million	+29.15%
2022-03-31	Rs13.15 Billion ≈ $142.20 Million	+44.50%
2021-03-31	Rs9.10 Billion ≈ $98.40 Million	+36.14%
2020-03-31	Rs6.68 Billion ≈ $72.28 Million	+12.90%
2019-03-31	Rs5.92 Billion ≈ $64.02 Million	+22.05%
2018-03-31	Rs4.85 Billion ≈ $52.46 Million	+37.07%
2017-03-31	Rs3.54 Billion ≈ $38.27 Million	+26.29%
2016-03-31	Rs2.80 Billion ≈ $30.30 Million	+21.88%
2015-03-31	Rs2.30 Billion ≈ $24.86 Million	+14.31%
2014-03-31	Rs2.01 Billion ≈ $21.75 Million	+17.35%
2013-03-31	Rs1.71 Billion ≈ $18.53 Million	+18.11%
2012-03-31	Rs1.45 Billion ≈ $15.69 Million	+29.01%
2011-03-31	Rs1.12 Billion ≈ $12.16 Million	+27.59%
2010-03-31	Rs881.56 Million ≈ $9.53 Million	+26.60%
2009-03-31	Rs696.34 Million ≈ $7.53 Million	+24.23%
2008-03-31	Rs560.51 Million ≈ $6.06 Million	+26.90%
2007-03-31	Rs441.70 Million ≈ $4.78 Million	+35.88%
2006-03-31	Rs325.06 Million ≈ $3.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Balaji Amines Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1646215000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs16.46 Billion	89.22%
Common Stock	Rs64.80 Million	0.35%
Other Comprehensive Income	Rs1.87 Billion	10.12%
Other Components	Rs56.96 Million	0.31%
Total Equity	Rs18.45 Billion	100.00%

Balaji Amines Limited Competitors by Market Cap

The table below lists competitors of Balaji Amines Limited ranked by their market capitalization.

Company	Market Cap
Hextar Global Bhd KLSE:5151	$774.50 Million
Multi Bintang Indonesia Tbk JK:MLBI	$774.72 Million
Tyntek Corp TW:2426	$774.75 Million
Hindustan Construction Company Limited NSE:HCC	$774.79 Million
Xingye Leather Technology Co Ltd SHE:002674	$774.15 Million
JDM Jingda Mach(Ningbo)Co Ltd SHG:603088	$774.11 Million
Jiangsu Aidea Pharmaceutical Co Ltd SHG:688488	$773.98 Million
Carlyle Secured Lending Inc NASDAQ:CGBD	$773.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Balaji Amines Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 17,218,582,000 to 18,450,581,000, a change of 1,231,999,000 (7.2%).
Net income of 1,575,210,000 contributed positively to equity growth.
Dividend payments of 356,411,000 reduced retained earnings.
Other comprehensive income increased equity by 156,213,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs1.58 Billion	+8.54%
Dividends Paid	Rs356.41 Million	-1.93%
Other Comprehensive Income	Rs156.21 Million	+0.85%
Other Changes	Rs-143.01 Million	-0.78%
Total Change	Rs-	7.16%

Book Value vs Market Value Analysis

This analysis compares Balaji Amines Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.88x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 203.92x to 3.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs10.83	Rs2209.50	x
2007-03-31	Rs13.63	Rs2209.50	x
2008-03-31	Rs17.30	Rs2209.50	x
2009-03-31	Rs21.49	Rs2209.50	x
2010-03-31	Rs27.21	Rs2209.50	x
2011-03-31	Rs34.71	Rs2209.50	x
2012-03-31	Rs44.78	Rs2209.50	x
2013-03-31	Rs52.89	Rs2209.50	x
2014-03-31	Rs62.06	Rs2209.50	x
2015-03-31	Rs68.16	Rs2209.50	x
2016-03-31	Rs86.47	Rs2209.50	x
2017-03-31	Rs109.23	Rs2209.50	x
2018-03-31	Rs144.15	Rs2209.50	x
2019-03-31	Rs177.16	Rs2209.50	x
2020-03-31	Rs203.12	Rs2209.50	x
2021-03-31	Rs276.04	Rs2209.50	x
2022-03-31	Rs385.74	Rs2209.50	x
2023-03-31	Rs479.69	Rs2209.50	x
2024-03-31	Rs531.38	Rs2209.50	x
2025-03-31	Rs569.31	Rs2209.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Balaji Amines Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 8.54%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.27%
• Asset Turnover: 0.62x
• Equity Multiplier: 1.22x
Recent ROE (8.54%) is below the historical average (20.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	27.03%	7.01%	1.08x	3.56x	Rs55.34 Million
2007	22.72%	5.72%	1.18x	3.35x	Rs56.20 Million
2008	23.18%	5.96%	1.14x	3.41x	Rs73.85 Million
2009	21.63%	5.98%	1.13x	3.20x	Rs80.99 Million
2010	23.16%	7.80%	1.03x	2.88x	Rs116.01 Million
2011	23.64%	7.45%	0.98x	3.25x	Rs153.42 Million
2012	24.56%	7.93%	0.97x	3.21x	Rs211.30 Million
2013	18.19%	6.09%	0.99x	3.03x	Rs140.31 Million
2014	16.66%	5.49%	0.98x	3.08x	Rs133.96 Million
2015	14.57%	5.36%	0.99x	2.73x	Rs104.06 Million
2016	20.56%	8.96%	1.06x	2.16x	Rs295.93 Million
2017	23.27%	12.28%	1.06x	1.79x	Rs469.64 Million
2018	24.23%	13.11%	1.02x	1.82x	Rs664.75 Million
2019	20.40%	12.42%	0.90x	1.82x	Rs596.87 Million
2020	15.92%	11.20%	0.84x	1.69x	Rs389.83 Million
2021	26.63%	18.16%	1.00x	1.47x	Rs1.49 Billion
2022	29.48%	15.88%	1.24x	1.50x	Rs2.43 Billion
2023	20.94%	13.93%	1.19x	1.26x	Rs1.70 Billion
2024	11.90%	12.74%	0.75x	1.25x	Rs326.68 Million
2025	8.54%	11.27%	0.62x	1.22x	Rs-269.85 Million

Industry Comparison

This section compares Balaji Amines Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $4,415,309,840
Average return on equity (ROE) among peers: 15.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Balaji Amines Limited (BALAMINES)	Rs20.56 Billion	27.03%	0.13x	$774.22 Million
Aarti Industries Limited (AARTIIND)	$3.75 Billion	25.25%	1.91x	$1.91 Billion
Aarti Surfactants Limited (AARTISURF)	$1.36 Billion	4.04%	1.96x	$35.50 Million
ABM International Limited (ABMINTLLTD)	$148.54 Million	-22.96%	1.64x	$4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES)	$8.67 Billion	14.91%	0.13x	$452.18 Million
Aether Industries Limited (AETHER)	$3.87 Billion	28.16%	0.99x	$1.66 Billion
Akzo Nobel India Limited (AKZOINDIA)	$8.48 Billion	17.72%	1.40x	$1.60 Billion
Alkali Metals Limited (ALKALI)	$293.96 Million	25.87%	0.91x	$9.63 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE)	$11.69 Billion	19.56%	0.36x	$990.72 Million
Ami Organics Limited (AMIORG)	$822.19 Million	28.33%	1.59x	$1.18 Billion
Anupam Rasayan India Limited (ANURAS)	$5.07 Billion	9.71%	1.61x	$1.58 Billion

About Balaji Amines Limited

NSE:BALAMINES India Specialty Chemicals

Market Cap

$774.22 Million

Rs71.59 Billion INR

Market Cap Rank

#10210 Global

#508 in India

Share Price

Rs2209.50

Change (1 day)

+2.65%

52-Week Range

Rs977.20 - Rs2242.10

All Time High

Rs4920.34