Outcome of the Board Meeting
BALAMINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Balaji Amines Limited reported strong FY2026 results with standalone revenue of Rs 1,29,154 Lakhs, up 1.4% from Rs 1,27,359 Lakhs in FY2025. Standalone profit after tax grew 6% to Rs 16,553 Lakhs from Rs 15,621 Lakhs. The Board recommended a final dividend of Rs 11 per share (550% on face value of Rs 2), payable after shareholder approval at the 38th AGM. Q4 FY26 standalone PAT jumped 56% to Rs 6,187 Lakhs versus Rs 3,960 Lakhs in Q4 FY25, showing significant acceleration. Consolidated revenue reached Rs 1,42,498 Lakhs with PAT of Rs 16,916 Lakhs. The company operates in Amines & Speciality Chemicals (97%+ of revenue) and a small Hotel Division. Capital work-in-progress more than doubled to Rs 51,203 Lakhs on consolidated basis, indicating major expansion underway. Statutory auditors M/s M. Anandam & Co. issued clean (unmodified) audit opinions on both standalone and consolidated results.
The 6% profit growth with strong Q4 performance and 550% dividend yield signal a healthy company. The massive capex increase (capital work-in-progress up 118%) suggests major capacity expansion which could drive future growth. Clean audit with unmodified opinion removes any governance concerns. The dividend, if approved, provides direct shareholder returns.