Balaji Amines (NSE:BALAMINES) Operating Income: ₹2,091 Mil (TTM As of Mar. 2026)

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NSE:BALAMINES Balaji Amines Ltd NSE:BALAMINES
78 GF Score
Price ₹2,371.80
GF Value ₹1,664.36
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balaji Amines Operating Income?

Balaji Amines NSE:BALAMINES +2.49% 78 Operating Income is ₹2,091 Mil as of Mar. 2026. GuruFocus rates NSE:BALAMINES with a GF Score™ of 78/100 and a GF Value™ of ₹1,664.36 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Balaji Amines's Operating Income for the three months ended in Mar. 2026 was ₹803 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,091 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Balaji Amines's Operating Income for the three months ended in Mar. 2026 was ₹803 Mil. Balaji Amines's Revenue for the three months ended in Mar. 2026 was ₹3,948 Mil. Therefore, Balaji Amines's Operating Margin % for the quarter that ended in Mar. 2026 was 20.34%.

Warning Sign:

Balaji Amines Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.2%.

Balaji Amines's 5-Year average Growth Rate for Operating Margin % was -13.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Balaji Amines's annualized ROC % for the quarter that ended in Mar. 2026 was 11.19%. Balaji Amines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.84%.


Balaji Amines  (NSE:BALAMINES) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Balaji Amines's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3211.908 * ( 1 - 24.56% )/( (0 + 21663.267)/ 1 )
=2423.0633952/21663.267
=11.19 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=27425.369 - 3064.23 - ( 2697.872 - max(0, 4020.397 - 9408.921+2697.872))
=21663.267

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Balaji Amines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3521.444/( ( (0 + max(0, 0)) + (17715.336 + max(3190.573, 0)) )/ 1 )
=3521.444/( ( 0 + 20905.909 )/ 1 )
=3521.444/20905.909
=16.84 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3458.586 + 2471.171 + 600.025) - (3064.23 + 0 + 274.979)
=3190.573

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Balaji Amines's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=802.977/3947.864
=20.34 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Balaji Amines Operating Income Related Terms


Balaji Amines Operating Income Historical Data

* Premium members only.

The historical data trend for Balaji Amines's Operating Income 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 Operating Income Chart

Balaji Amines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,809.96 5,664.03 2,799.17 1,848.91 2,090.54

Balaji Amines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 467.60 407.22 455.33 425.01 802.98
NSE:BALAMINES
78GF Score
Balaji Amines Ltd NSE:BALAMINES
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balaji Amines Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,091 Mil.

* 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 Operating Income →
What does a Operating Income of ₹2,091 Mil mean?
Balaji Amines (NSE:BALAMINES) has a Operating Income of ₹2,091 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Balaji Amines and its competitors.
Is Balaji Amines' Operating Income too high?
Balaji Amines' current Operating Income is ₹2,091 Mil. Overall, Balaji Amines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balaji Amines' Operating Income compare to LIN and SHW?
Balaji Amines' Operating Income of ₹2,091 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Chemicals company?
A good Operating Income depends on the Chemicals industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Balaji Amines and its competitors. Balaji Amines's current Operating Income is ₹2,091 Mil. 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 Significantly Overvalued. The stock's GF Value™ is ₹1,664.36, compared to a current price of ₹2,371.80 — trading 42.5% above its estimated fair value. The current Operating Income is ₹2,091 Mil. Balaji Amines' overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Balaji Amines (NSE:BALAMINES), the current Operating Income is ₹2,091 Mil 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 ₹2,371.80 is trading 42.5% above its estimated GF Value™ of ₹1,664.36. GuruFocus considers Balaji Amines to be Significantly Overvalued.

Key valuation signals for NSE:BALAMINES:

  • Operating Income: ₹2,091 Mil
  • GF Value™: ₹1,664.36 vs. price of ₹2,371.80 (42.5% above fair value)
  • GF Score™: 78/100 with 9 warning signs

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.
78GF Score

Get the complete analysis for NSE:BALAMINES

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

₹2,371.80
Price
₹1,664.36
GF Value