Is Balaji Amines the Best Stock in Its Sector? A Look at the Numbers

Balaji Amines CMP Rs 2,271 (24 Sep 2026). Market cap Rs 7,354 Cr. ROE 8.46%. P/E 34.90x versus Industry P/E 37.05x.

Updated: 24 Sept 2026 • 10:26 am

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Is Balaji Amines the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Balaji Amines is one of the names investors compare when screening the Chemicals sector, built on a 8.46% return on equity and a P/E of 34.90x against an Industry P/E of 37.05x. Whether Balaji Amines is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.

Is Balaji Amines the best stock in its sector? The stock trades on the NSE at Rs 2,271 as of 24 September 2026, within its 52-week range of Rs 968.10 to Rs 2,629.80. Balaji Amines Ltd manufactures aliphatic amines and derivatives for pharmaceutical, agrochemical and industrial customers.

Balaji Amines sits in the Chemicals sector, and its 8.46% ROE and 34.90x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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Table of Contents

About Balaji Amines

Balaji Amines Ltd manufactures aliphatic amines and derivatives for pharmaceutical, agrochemical and industrial customers. It is one of India's larger manufacturers of aliphatic amines and derivatives, supplying pharmaceutical, agrochemical and industrial customers. At a market capitalisation of Rs 7,354 Cr, it is tracked as part of the Chemicals sector on Univest.

Is Balaji Amines the Best Stock in Its Sector?

Balaji Amines makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 8.46% ROE with a 34.90x P/E against the sector's 37.05x Industry P/E. Balaji Amines trades close to its 37.05x Industry P/E, with an 8.46% ROE that trails Alkyl Amines Chemicals and Apcotex Industries in this series, reflecting a softer current margin phase for the amines segment.

Metric	Balaji Amines
CMP (NSE)	Rs 2,271.20
52-Week High / Low	Rs 2,629.80 / Rs 968.10
Market Cap	Rs 7,354 Cr
P/E (TTM) vs Industry P/E	34.90x vs 37.05x
P/B	3.72
ROE	8.46%
EPS (TTM)	Rs 65.04
Dividend Yield	0.48%
Debt to Equity	0.07

Compare Balaji Amines Against Other Chemicals Sector Stocks

How Balaji Amines Compares Against Its Chemicals Sector Peers

The table below sets Balaji Amines against 3 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Balaji Amines	7,354	34.90	8.46%	0.07
Alkyl Amines Chemicals	9,430	41.87	11.74%	0.00
Apcotex Industries	3,157	19.58	16.33%	0.16
Bhansali Engineering Polymers	3,246	16.25	16.63%	0.00
Peer average (3 companies)	-	25.90	14.90%	0.05

Against this peer set, Balaji Amines's 8.46% ROE is below the 14.90% peer average, and its P/E of 34.90x runs above the peer average of 25.90x. Balaji Amines trades close to its 37.05x Industry P/E, with an 8.46% ROE that trails Alkyl Amines Chemicals and Apcotex Industries in this series, reflecting a softer current margin phase for the amines segment.

What Makes Balaji Amines Worth Watching in Chemicals

Close to Industry P/E: A 34.90x P/E versus a 37.05x Industry P/E shows the stock trading close to Chemicals sector norms.
Low leverage: A debt to equity ratio of 0.07 gives Balaji Amines flexibility to invest in capacity expansion.
Scale in amines manufacturing: Being one of India's larger amines manufacturers gives Balaji Amines scale and customer relationships across pharma and agrochemical end markets.

Balaji Amines Valuation: Is It Justified?

Balaji Amines trades close to its 37.05x Industry P/E, with an 8.46% ROE that trails Alkyl Amines Chemicals and Apcotex Industries in this series, reflecting a softer current margin phase for the amines segment. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is AWL Agri Business the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Balaji Amines and other Chemicals sector stocks.

How to Track Balaji Amines Before You Invest

Before deciding whether Balaji Amines deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.

Open the Univest Screener and search for Balaji Amines to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Balaji Amines earns a place in the best stock in its sector conversation on the strength of a 8.46% ROE and a P/E of 34.90x against a 37.05x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is Balaji Amines the best stock in its sector?

Ans. Balaji Amines has a 8.46% ROE and trades at 34.90x P/E against a 37.05x Industry P/E, and compares below the peer average ROE of 14.90% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Balaji Amines?

Ans. Balaji Amines was trading at Rs 2,271.20 on the NSE as of 24 September 2026, within its 52-week range of Rs 968.10 to Rs 2,629.80.

What sector does Balaji Amines belong to?

Ans. Balaji Amines is classified under the Chemicals sector on Univest.

How does Balaji Amines compare to its sector peers on P/E?

Ans. Balaji Amines's P/E of 34.90x is above the 25.90x average of the 3 named peers compared in this article.

What is Balaji Amines's return on equity?

Ans. Balaji Amines reported a return on equity of 8.46%, which is below the 14.90% average of its named peers in this comparison.

Should I invest in Balaji Amines based on its sector position?

Ans. Balaji Amines's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.