Balaji Amines (NSE:BALAMINES) Days Payable: 35.10 (As of Mar. 2026) — Near Median


NSE:BALAMINES Balaji Amines Ltd NSE:BALAMINES
77 GF Score
Price ₹2,035.90
GF Value ₹1,622.70
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Balaji Amines Days Payable?

Balaji Amines NSE:BALAMINES +7.59% 77 Days Payable is 35.10 as of Mar. 2026, which is 1% above its 10-year median of 34.76. GuruFocus rates NSE:BALAMINES with a GF Score™ of 77/100 and a GF Value™ of ₹1,622.70 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,555 Chemicals companies, Balaji Amines ranks worse than 75.82% on this metric.

Balaji Amines's average Accounts Payable for the three months ended in Mar. 2026 was ₹850 Mil. Balaji Amines's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,210 Mil. Hence, Balaji Amines's Days Payable for the three months ended in Mar. 2026 was 35.10.

The historical rank and industry rank for Balaji Amines's Days Payable or its related term are showing as below:

NSE:BALAMINES' s Days Payable Range Over the Past 10 Years
Min: 25.43   Med: 34.76   Max: 49.68
Current: 34.12

During the past 13 years, Balaji Amines's highest Days Payable was 49.68. The lowest was 25.43. And the median was 34.76.

NSE:BALAMINES's Days Payable is ranked worse than
75.82% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs NSE:BALAMINES: 34.12

Balaji Amines's Days Payable increased from Mar. 2025 (31.85) to Mar. 2026 (35.10). It may suggest that Balaji Amines delayed paying its suppliers.


Balaji Amines Days Payable Historical Data

* Premium members only.

The historical data trend for Balaji Amines's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Balaji Amines Days Payable Chart

Balaji Amines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.93 35.16 27.83 33.75 34.36

Balaji Amines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.85 29.75 34.90 35.14 35.10

NSE:BALAMINES vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Balaji Amines's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Balaji Amines Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Balaji Amines's Days Payable distribution charts can be found below:

* The bar in red indicates where Balaji Amines's Days Payable falls into.


NSE:BALAMINES
77GF Score
Balaji Amines Ltd NSE:BALAMINES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Balaji Amines Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Balaji Amines's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (691.154 + 850.146) / 2 ) / 8186.001*365
=770.65 / 8186.001*365
=34.36

Balaji Amines's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 850.146) / 1 ) / 2210.355*365 / 4
=850.146 / 2210.355*365 / 4
=35.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 35.10 mean?
Balaji Amines (NSE:BALAMINES) has a Days Payable of 35.10 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Balaji Amines and its competitors. This is near median its historical median of 34.76. Over the past decade, Balaji Amines' Days Payable has ranged from 25.43 to 49.68. According to the industry distribution chart, Balaji Amines ranks #1179 out of 1555 companies in the Chemicals industry, placing it in the top 75.8%.
Is Balaji Amines' Days Payable too high?
Balaji Amines' current Days Payable of 35.10 is near median its 10-year median of 34.76. Over the past 10 years, this metric has ranged from a low of 25.43 to a high of 49.68. The Chemicals industry median Days Payable is 59.95. Balaji Amines' value of 35.10 is 41.5% below this industry median. Based on the distribution chart, Balaji Amines ranks #1179 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Balaji Amines has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balaji Amines' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Balaji Amines ranks #1179 out of 1555 companies for Days Payable. This places Balaji Amines in the lower half of its industry. The industry median Days Payable is 59.95. Balaji Amines' value of 35.10 is 41.5% below this benchmark. Historically, Balaji Amines' own Days Payable has ranged from 25.43 to 49.68 over the past decade. While the company's 10-year median is 34.76 vs. the industry median of 59.95, Balaji Amines has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balaji Amines's current Days Payable of 35.10 is 41.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Balaji Amines and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Amines's current Days Payable is 35.10, which is near median its own 10-year median of 34.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Amines stock overvalued right now?
Based on GuruFocus' analysis, Balaji Amines (NSE:BALAMINES) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,622.70, compared to a current price of ₹2,035.90 — trading 25.5% above its estimated fair value. The current Days Payable is 35.10, which is near median its 10-year median of 34.76 and 41.5% below the Chemicals industry median of 59.95. Balaji Amines' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Balaji Amines (NSE:BALAMINES), the current Days Payable is 35.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Balaji Amines (NSE:BALAMINES) Overvalued in 2026?

Based on GuruFocus' analysis, Balaji Amines stock appears to be overvalued. The current stock price of ₹2,035.90 is trading 25.5% above its estimated GF Value™ of ₹1,622.70. GuruFocus considers Balaji Amines to be Modestly Overvalued.

Key valuation signals for NSE:BALAMINES:

  • Days Payable: 35.10 (near median its 10-year median of 34.76)
  • GF Value™: ₹1,622.70 vs. price of ₹2,035.90 (25.5% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 41.5% below the Chemicals median (#1179 of 1555)

No single metric tells the full story. See the NSE:BALAMINES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balaji Amines Business Description

Other Exchanges 530999:India
Address Plot No. 47, Kavuri Hills, Balaji Bhawan, Behind Jubilee Ridge Hotel, Madhapur, Hyderabad, TG, IND, 500 003
Balaji Amines Ltd is engaged in the manufacture and sale of aliphatic amines, speciality chemicals, and their derivatives. The Company's manufacturing facilities operate through Distributed Control Systems (DCS), indigenous process technologies, and a Zero Liquid Discharge (ZLD) framework. The business operates through the Chemicals and Hotel segments, with the Chemicals segment generating maximum revenue. Its products include amines such as Mono Methyl Amine (MMA), Di-Methyl Amine (DMA) and others; speciality chemicals such as Morpholine, Acetonitrile (ACN), and others; and amine derivatives such as Mono-Methyl Amine Hydrochloride (MMA HCL), Di-Methyl Amine Hydrochloride (DMA HCL) and others. Geographically, the Company generates maximum revenue from India.
77GF Score

Get the complete analysis for NSE:BALAMINES

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,035.90
Price
₹1,622.70
GF Value