Balaji Amines Q2 FY27 Results: Consolidated Net Profit ₹67.47 Crore on Total Income of ₹472 Crore
- Earnings
- Speciality chemicals
Reviewed byRachit TripathiBlacklitt Research
Balaji Amines (NSE: BALAMINES) reported consolidated total income of ₹471.98 crore and net profit of ₹67.47 crore for the quarter ended 30 Sep 2026, it said in a filing on 02 Nov 2026. Standalone total income was ₹434.20 crore and standalone net profit ₹68.73 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹471.98 crore, up 35.8% YoY and 2.3% QoQ
- Net profit and EPS: Net profit ₹67.47 crore, up 81.9% YoY and down 13.6% QoQ; basic EPS ₹20.76
- Finance costs: ₹1.34 crore, against ₹0.96 crore a year earlier
Standalone
The company on its own, without its subsidiaries
- Total income: ₹434.20 crore, up 37.3% YoY and 1.2% QoQ
- Net profit and EPS: Net profit ₹68.73 crore, up 118.6% YoY and down 4.7% QoQ; basic EPS ₹21.21
- Dividend paid: ₹35.64 crore for the half year ended 30 Sep 2026
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 471.98 | 347.61 | +35.8% | 461.45 | +2.3% | |
| Revenue from operations | 467.60 | 340.55 | +37.3% | 455.93 | +2.6% |
| Other income | 4.38 | 7.05 | -37.9% | 5.52 | -20.8% |
| 67.47 | 37.10 | +81.9% | 78.12 | -13.6% | |
| Profit before tax | 89.30 | 51.63 | +73.0% | 106.20 | -15.9% |
| Finance costs | 1.34 | 0.96 | +40.0% | 1.41 | -4.9% |
| Depreciation | 15.32 | 14.28 | +7.3% | 13.78 | +11.2% |
| Tax expense | 21.83 | 14.53 | +50.2% | 28.09 | -22.3% |
| Net profit margin | 14.30% | 10.67% | +3.62 pp | 16.93% | -2.63 pp |
| EPS, basic (₹) | 20.76 | 10.67 | +94.6% | 23.43 | -11.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
The company's latest quarter shows consolidated net profit of ₹67.47 crore against ₹78.12 crore in the quarter to 30 Jun 2026, a fall of 13.6%. Over the same period consolidated total income rose 2.3%.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 434.20 | 316.17 | +37.3% | 428.91 | +1.2% | |
| Revenue from operations | 427.80 | 309.20 | +38.4% | 427.38 | +0.1% |
| Other income | 6.40 | 6.98 | -8.2% | 6.17 | +3.8% |
| 68.73 | 31.45 | +118.6% | 72.14 | -4.7% | |
| Profit before tax | 90.44 | 45.03 | +100.8% | 97.82 | -7.5% |
| Finance costs | 0.22 | 0.43 | -50.2% | 0.27 | -20.2% |
| Depreciation | 12.71 | 11.52 | +10.3% | 11.54 | +10.2% |
| Tax expense | 21.71 | 13.58 | +59.8% | 25.68 | -15.5% |
| Net profit margin | 15.83% | 9.95% | +5.88 pp | 16.82% | -0.99 pp |
| EPS, basic (₹) | 21.21 | 9.71 | +118.4% | 22.27 | -4.8% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 118.6% to ₹68.73 crore, faster than total income (up 37.3%) and profit before tax (up 100.8%). Tax expense rose 59.8% to ₹21.71 crore, which is 24.0% of profit before tax of ₹90.44 crore.
Standalone revenue from operations rose 38.4% to ₹427.80 crore while other income fell 8.2% to ₹6.40 crore. Other income is 1.5% of total income this quarter. Standalone finance costs fell 50.2% to ₹0.22 crore.
Against the previous quarter, standalone net profit fell 4.7% while consolidated net profit fell 13.6%.
Inference
The filing reports that the Board took note of a Warning-cum-Advisory Letter issued by SEBI to the company and advised management to ensure timely assessment, compliance and action on all regulatory requirements. The filing does not say what the letter concerns or what action, if any, it requires.
The filing reports a standalone dividend paid of ₹35.64 crore for the half year ended 30 Sep 2026. It does not state a dividend declared for the quarter or a record date. The reason for the rise in profit and the fall in year-ago comparisons is not stated.
Filed with BSE on . Reference: Original filing (PDF)
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