Balaji Amines (NSE:BALAMINES) Interest Coverage: 36.90 (As of Mar. 2026) — Near Median


NSE:BALAMINES Balaji Amines Ltd NSE:BALAMINES
77 GF Score
Price ₹1,989.00
GF Value ₹1,613.66
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Balaji Amines Interest Coverage?

Balaji Amines NSE:BALAMINES -4.22% 77 Interest Coverage is 36.90 as of Mar. 2026, which is 0% above its 10-year median of 36.83. GuruFocus rates NSE:BALAMINES with a GF Score™ of 77/100 and a GF Value™ of ₹1,613.66 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,234 Chemicals companies, Balaji Amines ranks better than 72.85% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Balaji Amines's Operating Income for the three months ended in Mar. 2026 was ₹803 Mil. Balaji Amines's Interest Expense for the three months ended in Mar. 2026 was ₹-22 Mil. Balaji Amines's interest coverage for the quarter that ended in Mar. 2026 was 36.90. The higher the ratio, the stronger the company's financial strength is.

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

NSE:BALAMINES' s Interest Coverage Range Over the Past 10 Years
Min: 7.19   Med: 36.83   Max: 124.25
Current: 38.93


NSE:BALAMINES's Interest Coverage is ranked better than
72.85% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:BALAMINES: 38.93

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Balaji Amines  (NSE:BALAMINES) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Balaji Amines Interest Coverage Related Terms


Balaji Amines Interest Coverage Historical Data

* Premium members only.

The historical data trend for Balaji Amines's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Balaji Amines Interest Coverage Chart

Balaji Amines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.23 68.53 70.52 124.25 62.11

Balaji Amines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 54.66 55.88 47.47 28.21 36.90

NSE:BALAMINES vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Balaji Amines's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Chemicals Industry

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

* The bar in red indicates where Balaji Amines's Interest Coverage falls into.


NSE:BALAMINES
77GF Score
Balaji Amines Ltd NSE:BALAMINES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balaji Amines Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Balaji Amines's Interest Expense was ₹-34 Mil. Its Operating Income was ₹2,091 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹652 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2090.539/-33.659
=62.11

Balaji Amines's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Balaji Amines's Interest Expense was ₹-22 Mil. Its Operating Income was ₹803 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹652 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*802.977/-21.758
=36.90

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 36.90 mean?
Balaji Amines (NSE:BALAMINES) has a Interest Coverage of 36.90 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balaji Amines and its competitors. This is near median its historical median of 36.83. Over the past decade, Balaji Amines' Interest Coverage has ranged from 7.19 to 124.25. According to the industry distribution chart, Balaji Amines ranks #335 out of 1234 companies in the Chemicals industry, placing it in the top 27.1%.
Is Balaji Amines' Interest Coverage too high?
Balaji Amines' current Interest Coverage of 36.90 is near median its 10-year median of 36.83. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 124.25. The Chemicals industry median Interest Coverage is 10.18. Balaji Amines' value of 36.90 is 262.5% above this industry median. Based on the distribution chart, Balaji Amines ranks #335 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. 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' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Balaji Amines ranks #335 out of 1234 companies for Interest Coverage. This puts Balaji Amines in the upper half of its industry. The industry median Interest Coverage is 10.18. Balaji Amines' value of 36.90 is 262.5% above this benchmark. Historically, Balaji Amines' own Interest Coverage has ranged from 7.19 to 124.25 over the past decade. While the company's 10-year median is 36.83 vs. the industry median of 10.18, Balaji Amines has consistently been above 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 Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balaji Amines's current Interest Coverage of 36.90 is 262.5% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balaji Amines and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Amines's current Interest Coverage is 36.90, which is near median its own 10-year median of 36.83. 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 ₹1,613.66, compared to a current price of ₹1,989.00 — trading 23.3% above its estimated fair value. The current Interest Coverage is 36.90, which is near median its 10-year median of 36.83 and 262.5% above the Chemicals industry median of 10.18. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Balaji Amines (NSE:BALAMINES), the current Interest Coverage is 36.90 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 ₹1,989.00 is trading 23.3% above its estimated GF Value™ of ₹1,613.66. GuruFocus considers Balaji Amines to be Modestly Overvalued.

Key valuation signals for NSE:BALAMINES:

  • Interest Coverage: 36.90 (near median its 10-year median of 36.83)
  • GF Value™: ₹1,613.66 vs. price of ₹1,989.00 (23.3% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 262.5% above the Chemicals median (#335 of 1234)

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

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

₹1,989.00
Price
₹1,613.66
GF Value