Balaji Amines Share Price| Share Price Target Balaji Amines 2023-2033 | Balaji Amines Share Price NSE, BSE|
Balaji Amines Share Price
Specialty chemicals monopoly Balaji Amines share has tanked by 63% from its lifetime high. Q4FY23 results are also poor.
The company is currently available at valuations of Apr’21. It has already proved as a multi-bagger to its investors when it gave a return of around 2000% in just 545 days.
Is it an opportunity or trap? Let’s find out.
Balaji Amines Share Price Target
We will calculate the share price targets of Balaji Amines by calculating its future sales and Net Profits using historic data. For this, we will make some assumptions like the rate of future Sales Growth, future PAT Margins, and Future PE with which the stock would trade.
After our calculations, we concluded the following results. According to our analysts, the following would be the share price targets of Balaji Amines.
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2023 | 872 | 1744 | 3271 |
| 2024 | 1090 | 2181 | 4089 |
| 2025 | 1363 | 2726 | 5111 |
| 2026 | 1704 | 3407 | 6388 |
| 2027 | 2129 | 4259 | 7985 |
| 2028 | 2662 | 5324 | 9982 |
| 2029 | 3327 | 6655 | 12477 |
| 2030 | 4159 | 8318 | 15597 |
| 2031 | 5199 | 10398 | 19496 |
| 2032 | 6499 | 12997 | 24370 |
| 2033 | 8123 | 16246 | 30462 |
Throughout the year the share prices of a company keeps going up and down.
Those interested in investing in Balaji Amines can enter the stock when it is trading at or below its bear case target and can exit when it is trading at or above bull case target.
About Balaji Amines
| Market Capitalization | 7006 Cr. |
| ROCE | 39.1 |
| Debt to Equity | 0.04 |
| PEG Ratio | 0.91 |
| Profit Growth | -11.6% |
| Pledged Percentage | 0 |
Balaji Amines is a Fundamentally strong small cap company involved in manufacturing of methyl amines, ethyl amines and its derivatives.
it is among the largest manufacturers of aliphatic amines in India.
Product mix
Balaji Amines has a product mix of 30 different products which can be classified as:-
- Amines – Low-margin products
- Amines Derivatives – Mid-margin products
- Specialty and other chemicals – High-margin products
It’s products include Methyl amines, ethyl amines, amino ethanol, Amine hydrochloride, morpholine etc.
These products caters to industries life Pharma, Agro, rubber chemicals, photographic chemicals, rocket fuel, pesticides etc.
Revenue breakup
- 47% of revenue comes from amines business. It enjoys a total market share of 50% in allopathic amines and its derivatives. some of its products like NMP, NEP, Morpholine, and many others are Solely produced by this company.
- 53% of revenue comes from specialty chemical business through its subsidiary Balaji Speciality Chemicals Private Limited.
- 1% revenue comes from its hotel business, Balaji Sarovar premiere in Solapur.
Clientele
Major clients are:-
- Amines- Jubilant life sciences, Cipla, Dr Reddy, Piramal, Lupin, Aurobindo etc.
- Amines Derivatives – Sun Pharma, Venky’s, Kores, Ipca labs, etc.
- Specialty Chemicals – Hindustan Petroleum, Indian Oil, Bayer, Deepak nitrite, Zydus life, Elantas etc.
Exports
19% of its revenue comes from export in more than 50 companies like:-
- North America – Canada, U.S.A., etc.
- South America – Brazil, Argentina, etc.
- Europe – Spain, France , Belgium, etc.
- Australia
- Asia – China, Singapore, Thailand, Quwait etc.
- Africa – Egypt, South Africa, etc.
Manufacturing Capabilities
Balaji Amines have 5 manufacturing capacities in and around Maharashtra and Telangana.
It has a current installed capacity of 231K MTPA for amines and its derivatives and 45K MTPA for specialty chemicals.
MOATS
- The complex manufacturing process requires a high level of know-how.
- Niche product offering
- High entry barrier business
- Environmental clearance for processes hazardous in nature
- Huge handling risk reduces import threats
- Continuous processing is more complicated but more efficient than batch processing
Fundamental Analysis
Balaji Amines have great ROCE and ROE. It is almost a debt free company.
Assumptions to Calculate Balaji Amines Share Price Target
Balaji Amines Share Price Target 2023
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2023 | 872 | 1744 | 3271 |
Balaji Amines Share Price Target 2024
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2024 | 1090 | 2181 | 4089 |
Balaji Amines Share Price Target 2025
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2025 | 1363 | 2726 | 5111 |
Balaji Amines Share Price Target 2027
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2027 | 2129 | 4259 | 7985 |
Balaji Amines Share Price Target 2030
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2030 | 4159 | 8318 | 15597 |
Balaji Amines Share Price Target 2033
| Year | Share Price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2033 | 8123 | 16246 | 30462 |
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Disclaimer- All investments and trading in the stock market involve risk. Any decision to place a trade in the financial markets, including trading in stock should only be made after thorough research. Trading strategies or related information mentioned in the article is for informational purposes only. Use your due diligence before investing. These are just predictions. They may or may not be true. We are not SEBI-registered analysts.