Balaji Amines Ltd hit its 20% higher circuit restrict on the BSE on 14 Might, with the inventory locked at Rs 1,622.55. It’s the largest single-day achieve for the inventory since April 2015.
The catalyst was the corporate’s March quarter outcomes, reported after Wednesday’s market shut, which confirmed revenue greater than doubling from simply three months in the past.
This fall FY26 consolidated web revenue got here in at Rs 63.21 crore, up 57.79% from the identical quarter final 12 months and up over 100% from Rs 31.43 crore in Q3 FY26. Income for the quarter grew 11.92% year-on-year to Rs 394.79 crore, and jumped 19.16% from the earlier quarter.
The working numbers added to the optimistic tone. EBITDA for the quarter rose 58% to Rs 94 crore, whereas working margins expanded by 7 proportion factors to 23.9% from 16.9% a 12 months earlier.
For the total 12 months FY26, income grew 2% to Rs 1,424.98 crore. Annual web revenue rose 6.15% to Rs 167.20 crore, whereas revenue earlier than tax climbed 9.04% to Rs 232.49 crore.
The board declared a last dividend of Rs 11 per fairness share of face worth Rs 2 for FY26, topic to shareholder approval on the upcoming AGM. Balaji Amines had paid an identical dividend in August 2025 and July 2024 as properly.
Even after at present’s surge, the inventory stays about 15% under its 52-week excessive of Rs 1,946. Yr-to-date, shares are actually up 47%.
Throughout afternoon commerce, shares had been locked in higher circuit at Rs 1,622.55 on the BSE, up 20% on the day. The inventory’s 52-week low stands at Rs 905.15.
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