ALFA Finder
The call has ended.
Key takeaways
Q2 FY27 revenue rose 36% YoY to ₹472 Cr and PAT rose 82%, but volumes fell 6% YoY and EBITDA dropped QoQ from ₹121 Cr to ₹106 Cr.
| Revenue growth | ₹472 Cr, +36% YoY, +2% QoQ; price-led. |
|---|---|
| Margins | EBITDA margin 22% vs 19% YoY, down from 26% QoQ. |
| Demand visibility | Volumes -6% YoY; order-driven; DMF prices ₹110-115 improving. |
| Management confidence | Balanced-to-optimistic; defensive on volumes and expansion delays. |
Growth
Revenue +36% YoY, largely price-led, with volumes down 6% YoY. EBITDA margin 22% vs 19% YoY but 26% in Q1 FY27.
Outlook
Management targets ₹3,500–4,000 Cr top line by FY28–FY29, without a stated YoY growth rate. ACN capacity is 1,440 t/month.
Risks
Volumes weak. EDA antidumping stalled at Finance Ministry. Brownfield and Unit-2 commissioning already slipped to FY27-end or later.
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
Balaji Amines Q2 FY27 Results: Net Profit ₹67.5 Cr, Up 81.9% YoY
Balaji Amines Ltd reported revenue from operations of ₹467.6 Cr (+37.3% YoY) and net profit of ₹67.5 Cr (+81.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹67.5 Cr · +81.9% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Guided 25-30% volume growth by FY27-end; targeting ₹3,000cr revenue by 2028; ₹275-290cr consolidated capex for FY27.
Growth they described
Q4FY26 Revenue up 12% YoY; FY26 Revenue ₹1,454cr; EBITDA margin improved to 20% for full year.
Call details
| Company | Balaji Amines Ltd |
|---|---|
| NSE symbol | BALAMINES |
| ISIN | INE050E01027 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 4:00 PM IST |
Balaji Amines Ltd: key numbers
- Share price
- ₹1,838.00
- Market cap
- ₹5,955 Cr
- Revenue (annual)
- ₹1,425 Cr
- Net profit (annual)
- ₹167.2 Cr
- P/E (TTM)
- 25.2×Sector 35.5×
- Promoter holding
- 54.56%+0.00% QoQ
- FII holding
- 3.25%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Wed, 4 Nov
Today's concalls →
